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Illinois | The little voice inside my head keeps saying"be competitive" I have picked up acres for the last 3 years. I am not getting rich but I am surviving.
It's okay to shop around and buy from different places.
So for 2018
140 lbs of nh3 = $33.95
Nserve= $8
15 gallon 28% uan as a herbicide carrier$5.25
MAP and potash for 240 bushel corn=$51.66
Seed $110
Herbicide program for corn. $30
Insurance at 85 %. $35
Machine cost. $80
Miscellaneous. $25
Total cost of about $380
225 bushel x $3.50= 787.5 - $380= $407.50 for rent and profit
2017 numbers look cheaper because of seed deals and no nserve. I might be able to lower my seed cost . Machine cost is an educated
guess. I didn't include storage and dryer cost because I have bins and what I can't store I usually sell across the scale. | |
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Corn: Open Interest
