Posted 5/19/2019 20:01 (#7506335 - in reply to #7505937) Subject: RE: Basis risk for your PP acres........
East Central South Dakota
Glad you used the term "cost structure". Understanding what that term means and how it affects you going forward is so important to long term sustainability. PP corn on a $2.80/bu cost structure actually covers fixed costs with some spending money. $4.00 cost structure PP corn barely covers fixed costs and you can't afford to leave the house.