Posted 1/31/2016 13:33 (#5077155 - in reply to #5076912) Subject: RE: Interest rates on operating notes
USA
If a person can't cash flow this year, how did they cash flow a year ago? Comparing current Dec 16 corn price vs Dec 15 spring ins price= about $35 acre less on 160 bu corn. Fert and fuel cost has dropped more than $35 acre.
Using N cost last year vs this year. Took about 15 bu of corn to pay for N on 160 bu. This year takes about 10.75 bu corn to buy the N.
Interest rates on operating notes
