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What’s your bottom
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Kooiker
Posted 1/30/2024 08:00 (#10600181 - in reply to #10600169)
Subject: RE: What’s your bottom



YoungGun21 - 1/30/2024 07:54 2.85? PLC would be paying huuuuge. Last time corn got in the low 3’s there was some creative talk on here of its uses. Spread it as fertilizer was one and buying the board to increase acres farmed cause it was so far below cost of production. I can only imagine the ideas for sub 3 dollar corn now.




That is a fallacy.


The corn belt will still get planted, even with $3 corn as it is still more than enough to cover variable costs.    For the purpose of idling acres, land is NEVER a variable cost.



Edited by Kooiker 1/30/2024 08:01
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