Posted 5/24/2011 09:54 (#1789267 - in reply to #1789171) Subject: RE: For those that are putting out PP figures...........
My debt service, family living expenses, hired labor, and misc overhead don't go away if I take PP. These costs are going to remain no matter what.
My PP payment of $379 - $140 rent - $70 debt service - $60 fertilizer applied - $30 crop insurance - $20 hired labor - $40 misc overhead = $20 per acre return (in my eyes, not a lot!)