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CENTRAL ILLINIOS | 150 bu. corn won’t pay for much unless we get to $5 but hopefully there will be an insurance payment to add in. 180 bu. times $4 gives you $720 = $320 more than the PP payment to pay seed, fuel, fertilizer if it’s not on and everything else. Neither plan is going to make a machinery payment and depending on your labor situation - some of those expenses go on no matter if you plant or not.
We farm on a county line and plant in both counties. We carried a revenue policy in one county and a county average policy (used to be called GRIP.) in the other county. There is no PP for the GRIP policy so the only question there is wether to plant corn or beans. | |
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Any of you, "The crop gets planted every year..." types out there?
