EC Nebraska | DCH - 12/23/2024 14:39
You need to start looking at 2-3 years and hoping for a drought to put corn over that.
There is little demand for corn. No demand for beans. Grass fed beef???? That’s hamburger on a good day.
Your belly button and back bone will be rubbing.
Since we produce more per acre— even more acres need to go into CRP. In that part of Nebraska— $3.50 doesn’t start to cover input and harvest expense.
Why do you think that there would be little demand for corn or beans w/o farm subsidies?
What do you think chickens and hogs will eat, if not corn and soybeans? Do you think the US would import everything at $3.00-$3.50 corn? Do you think the US livestock herd would go overseas?
I eat grass fed beef, well, forage finished. I buy it from some friends who know how to do it. It's as good as any steaks you've every had.
And $3.50 corn easily covers inputs, harvest costs, and $100-200 rent in this part of Nebraska. It doesn't cover $300 rent many years, but that's part of the fat that can be cut if subsidies go away. |
Subsidies
