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Profit per acre?
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Ed Winkle
Posted 12/31/2011 10:53 (#2134401 - in reply to #2134207)
Subject: Re: Profit per acre?


Martinsville, Ohio
Very good point. I am learning to be happy with what I do and not repeat past mistakes which man is prone to do, well it worked last time... Maybe happy isn't that right word, maybe it is satisfaction or vice versa. I can be satisfied with what I did knowing the pain I was going through making that important decision but I can be happy that it didn't break me or wasn't the very best decision that day. Every move I make is a decision and so many of those actions are out of habit.

I know for one I need better book keeping to know where I stand when I make an important decision. Marketing is the hard one and why we have devoted an entire forum to it though it often bleeds over on the other forums because it is so darned important. We have little control over future prices and can only place ourselves in that mix the day we decide to sell or not to sell.

Costs are easier to manage but still difficult. Thanks to this page I found herbicide lots cheaper and I can save $10,000 here and there but that one marketing decision can have $100,000 implications.

These are really good points to ponder and I thank all of you for your thoughtful posts. BigTop, you ask a big question on your second post and those numbers puts me on the sidelines, out of the risk but out of the action. I am starting to see how crop insurance plays into the risk numbers but that throws a whole new kink in the equation. Most of you seem to master it much better than I do.

Ed
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