Minnesota | Mr. Corn - 8/2/2013 12:11
You may WANT to have a $1 per bushel profit margin but a competitive and free market will not allow margins that large for very long... I would guess margins of 0 to 50 cents to dominate the future. 9 years ago the fall price of corn was $1.60 for crying out loud... Now we expect $1 per bushel profit? Land costs will adjust to any such wide margins and destroy the margins..
no doubt, .25 a bushel on corn was darn good for years, Beans were a cover crop. |
What profit per bushel do you try to achieve?
