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Coldwater, Michigan | Ron,
I have always struggled with that. The $$$$/A figure you see reported probably was a good idea at the beginning. Easily shows whether you could expect a profit or not. I have been dumb enough in my plots to report #2 corn (15.5%) at $2.00/ bushel for years, even when corn was $5.00. Figured it was a good long-term average. Several of you regularly beat that, so I figured it was a good "conservative" number. Once showed a guy my numbers and said in the partivular case "this one broke even". He was quick to point out that I had not considered LDP on the extra corn that was produced. There is always an angle!
While my numbers have been conservative, I often see corn price #'s used as $2.25/bushel, $2.85/bushel, and sometimes as much as $3.25/bushel. I'm here to tell you the higher that number is, the easier it is to show a small incremental gain in yield as showing a profit. My Small $2.00/bushel takes a signifigant yield gain to pay.
Wasn't necessarily a bad idea to use profit per acre calculations. Some just got carried away with the numbers.
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Do you look @ $$/A in test plot results?
