Columbia Basin, Ephrata, WA | Keith Mudd - 8/8/2024 09:22
Just told by my dealer that his corn would be going up. This is a national brand. His top corn will be priced over $400 retail. His least expensive varieties are around $315 per unit. The largest discount available is 13 percent. No volume, only cash discounts.
So if a guy grows 200 bushel corn at $4…
Seed guys want 25% of the crop value
Chemical guys want 5%
Fertilizer 20%
JD wants 15%
Harvest trucker 5%
Landlord still wants his 33%
We’re already at 103% of the crop value, you can only insure for 85%, and that costs money too. Plus we haven’t paid all the help or drying bill yet. .
Tell the seed man if he can guarantee 300 bushel corn on that 200 bushel ground you’ll give him the $400, otherwise something has got to give.
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