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| I am. That $2 corn in the year 2000 would now be worth $2.64. That $110 28% would be $150. The $85 seed would be $116. Cash rent was $115
Lets see we have $4 corn with $280 28% and $330 seed. Cash rent is $225 (if you are lucky)
So tell me one more ----- Time how much corn to plant in 2014?
Tell me when about half of these guys sit down with farm credit and run numbers how they don't sh-- razor blades?
How much ground will be rented on March 2nd when the check doesn't show up?
You are witnessing the single biggest destabilizing situation in Ag history as predicted since the 80's over about a $1 value in corn.
How many corn acres again? How many will be planted to beans simply because they can't get financing? | |
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