|
Illinois | Most cash rent scenarios favor corn.
$3.30 (elevator cash bid) x 220=$726
$8.35 (local elevator cash bid)x 65= $542.75
$183.25 more gross on corn.$80 more N $40 more seed but $15 less chemical. Budget an extra$40 for handling and drying not to mention upside potential for a net of $38.25. Those acres will stay corn unless you have nongmo or seedbean contract.
Your own bins, trucks, dryers and basis should be considered | |
|
Planting intentions report
