5. Speaking of land-----it is always about the LAND. Cow calf guy has $800 bucks into a calf at weaning including land costs, machinery, and Ect. (I know it varies, but work with me here). Cow guy has $800 bucks in calf and is getting/selling for $1600--------$800 profit. When we got out of cows we had 9 acres tied up to a pair (grass, hay and pasture lots). Lots of farm averages in Soybeans up here this year in the mid to lower 50's. $350 dollars into beans, 50 bushel yield at 10 bucks if you forward sold some is $500 bucks/acre. $500 bucks an acre minus $350 costs = $150 DOLLARS OF PROFIT/ACRE. $800 DOLLARS OF PROFIT FOR THE COW GUY DIVIDED BY THE 9 ACRES OF LAND USE FOR A PAIR IS $89/ACRE. It is always about the competing uses for the land. Hard to argue cattle are high enough to steal land back into grass. $150/acre profit soybeans-------$90/acre calf. 

Oklahoma raised 17 bu wheat last year.. 17 x $5 = $85.. not all acres are going into row crops... in fact.. probably some are going the other way...

Again this is WHY wheat acres HARVESTED is going to take a nose dive this year..  in the Southern plains.  There's whole farms.. other than seed wheat.. that won't see a combine this coming harvest...  IF they can find the stockers... which explains the crazy feeder market also..

"always something."

Honestly.. we probably do need some more wheat acres.. but we got to get a signal from the market to do it..  waiting.. and the clock is running.