| TrentonKY - 8/2/2013 12:32 I pose this question because a little bit ago I heard Jerry Gulke say in one of his commentaries that guys want to make $1 per bushel on corn, and $2 per bushel on beans. I'm sure he's referring to rented ground and obviously owned ground would profit more. So, what's your profit margin goal?
Well it was Gulke last year who was crying like a little girl when his corn was burned up. Hell it was such a sad presentation, I had to break out the crying towels, I was going to send him one.
Lets see treated seed 140,000 to an acre cost me about $60. An acre here in the rural backwater will usually do 30 to 40 on Class II soil, and on bottomland probably will do 50. So lets use 30 bu. beans x $10 bu. = $300 - $60 = $240 an acre profit divided by 30 bu= $8 a bu. profit O.K. lets take off a little gas of $1 an acre, and 70 cents a bu. for property taxes, 10 cents to haul it to town kinda looks like $6.60 per bushel profit.
Oh yea! Oh yea!s I know! I know! he is going to whine that I had to put land costs in there comewhere, and equpment costs in there somewhere. Well if you do not owe anything on the acre producing the crop and equipment is paid for then why do I have to include a dummied up number? Kinda looks to me like Gulke is hitting the sauce again, and has now confirmed his "underachiever" status only shooting for $1 a bushel profit. LMAO. Pass the popcorn and get me another Corona. John.
Edited by Faust100F 8/2/2013 13:31
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What profit per bushel do you try to achieve?
