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Planting intentions report
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AGDEAL
Posted 3/25/2020 19:52 (#8138648 - in reply to #8138564)
Subject: RE: Planting intentions report


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
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