MN | 1234 - 2/25/2015 18:08
For example the revenue price for corn & soybeans is almost set in the northern tier at $4.15 & $9.70 respectively. The beans corn ratio is 2.33, pretty much right in line with historic. All the evidence is that the fall harvest price will remain at that level until after the discovery periods in the fall. Every time I do the calculation using average yields whether for New York, Minnesota or elsewhere I come up with about the same $230-260 difference which is just about the difference in the extra cost between corn and beans.
So I would appreciate it if you would humor me and show me how you make corn so much more advantageous.
aph is about 4-1 here also, with resistant weeds, aphids, etc. beans are within $200 of corn cost. with a ins guarantee of 267 more for corn, that and the fact that farmers like to raise corn. I hope your right and acres are down, I don't see it yet. |
Chatter that farmers could plant as much as 91-92 million acres of corn
