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Central South Dakota | you can irrigate and grow wheat for 104/ acre. I find that hard to believe, fertilizer for 70 bushel wheat is right at $85/acre, but it would be interesting to see more numbers. Better have a sharp pencil growing wheat as the the origional poster said very close to breakeven right now as COP is more closely related to corn #'s, problem is moisture won't let us grow corn,corn,corn,corn year in and year out. Then come to a hard red spring wheat area, throw in protein premiums and things get real interesting real quick. Based on current local cash prices for new crop delivery on would need between 52-58 bu/a winter wheat to break even. | |
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