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Dakotas Basis
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puma
Posted 3/26/2014 14:35 (#3777731 - in reply to #3777652)
Subject: RE: Dakotas Basis


I find it funny, that the people who pay high rent are obviously horrible farmers and poor stewards. I have seen that the other way to, people at half going rate, and don't care about the ground, so that's a moot point.

Now to the math, was it 150 or 175bu ground?

If it was 175, which was your words, you would have made money at $290 rent.

$743.75-$290=$453.75. You have over $50 to work with.

Margins aren't going to get higher as we move forward. There are a lot of good farmers out there that are good at what they do, and they don't seem to care if you or I farm.

How was the leasing process done, that you know what the top 5 bids are? Here you put your bid in, and the landowner or manager decides.
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