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Larrry
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Joined: 23 Jul 2007
Posts: 1281
Location: Utah and points east

PostPosted: Thu Jun 26, 2008 7:38 pm    Post subject: Reply with quote

Quote:
Take 7.50 corn x's 180 bushel to the acre= 1350.00 per acre revenue, if your farming 900 acres that is 1,215,000 dollars. If in put cost are 400.00 per acre, you tell me with figures are you at 400 per acre input? That leaves 950.00 left over for other out laying exspense and profit meaning 855,000 to cover additional expsenses and profit. If you use up 92% of total gain that leaves 8% left as profit meaning on 900 acres 97,200 left over.


I can tell you haven't a clue


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Happy go lucky
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Joined: 23 Mar 2006
Posts: 205
Location: America

PostPosted: Fri Jun 27, 2008 5:48 am    Post subject: Reply with quote

Fill me in then larry Wink


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Larrry
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Joined: 23 Jul 2007
Posts: 1281
Location: Utah and points east

PostPosted: Fri Jun 27, 2008 9:29 am    Post subject: Reply with quote

I would love for you to tell me how you are gonna raise corn for 400 bucks. You made the claim now back it up.

ONe little hint, land costs will be more than 400. Geez the things you come up with


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Larrry
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Joined: 23 Jul 2007
Posts: 1281
Location: Utah and points east

PostPosted: Fri Jun 27, 2008 10:29 am    Post subject: Reply with quote

Please hurry and tell me how you are gonna get by on 400. I can't wait to see the 400 break down.

I know you must be out buying land and can't answer.


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P Joe
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Joined: 30 Oct 2006
Posts: 414
Location: Central SD

PostPosted: Fri Jun 27, 2008 2:16 pm    Post subject: Reply with quote

Larrry wrote:
Quote:
Take 7.50 corn x's 180 bushel to the acre= 1350.00 per acre revenue, if your farming 900 acres that is 1,215,000 dollars. If in put cost are 400.00 per acre, you tell me with figures are you at 400 per acre input? That leaves 950.00 left over for other out laying exspense and profit meaning 855,000 to cover additional expsenses and profit. If you use up 92% of total gain that leaves 8% left as profit meaning on 900 acres 97,200 left over.


I can tell you haven't a clue


Who is averaging 180 bushel/acre???? I need to plant some of that seed!!

And $400/acre for input, ????
$200 for cash rent in some places
$150 for a cheap bag of corn seed
$50 left for fuel, machinery, fertilzer, chemical and time????????????? Say what?


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Happy go lucky
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Joined: 23 Mar 2006
Posts: 205
Location: America

PostPosted: Fri Jun 27, 2008 5:34 pm    Post subject: Reply with quote

P joe many places in Iowa you can avergae 180 bushels on corn and I know some that approach 200, grows thick as trees! The soil is top quailty and using anhydrous makes Iowa the tall corn state! Illinois also will average well too.

I'm not talking cash rent or tax purpose land, I'm talking that land already in your possesion. I hadn't relized seed corn has risen that much and adding in additional fuel ok lets go 500.00 an acre here is a report from UNL:

The analysis showed the cash and labor cost per acre of irrigated corn was $309.97. This included applying nine acre-inches of irrigation water at $7.19 per inch. This compares to $105.32 per acre for soybean cash and labor costs when six acre-inches of water were applied. The cost per acre for soybeans includes a credit of $13.17 for the 45 pounds of nitrogen fixed by the growing soybeans. The returns using the 171-bushel-per-acre yield, the $3.81 per bushel price, and per acre cost of $309.97 resulted in a return to corn of $341.54 per acre. This compares to $351.28 for the 60 bushels per acre, $7.61 per bushel, $105.32 cash and labor cost of soybeans.

Growing soybeans has a $9.74 advantage over growing corn; however, if corn yield increased more than 2.8 bushels per acre, or if soybean yields decreased more than 1.3 bushels per acre, the returns to corn and soybeans would be equal, given the stated prices and costs. Corn price would need to increase approximately 6 cents or soybean price decrease approximately 17 cents to have equal returns.

The results of this analysis, as well as a table of varying prices and yields of the two crops, is at the bottom of the worksheet. Both prices and yields vary from our stated base in increments of 10%, providing a sensitivity analysis. When yields of both corn and soybeans decrease by an equal percentage, the advantage of growing soybeans compared to corn increases. When yields of both crops increase by the same percentage, the advantage of growing soybeans first decreases and eventually disappears. At a 10% yield increase for both crops, returns to corn are more than $4greater than for soybeans.

Here is another:http://www.extension.iastate.edu/CropNews/2008/0503RogerElmoreLoriAbendroth.htm

The body or Table 3 shows breakeven corn prices for different soybean prices, given the variety of yields shown in Table 2. Current price forecasts suggest that soybean prices will be near $6.00 per bu. for the 2007 crop year. Hence, the column giving breakeven corn prices for the $6.00 soybean price likely is the most relevant. The other columns are shown in case expected soybean prices change.

At a $6.00 soybean price and a 50 bu. yield, breakeven prices range from $3.07 for a corn yield of 135 bu. down to $2.52 for a 165 bu. yield. About half the farms can reasonably expect to have corn yields above 150, given a 50 bu. soybean yield. These farms will have breakeven corn prices below $2.77. Current corn price projections are in the $2.70 to $2.80 range for the 2007 crop. Hence, about half the farms with 50 bu. expected soybean yield can expect corn to be more profitable than soybeans.

As shown in Table 3, similar results exist for all soybean yields above 45 bu.: 1) the range in breakeven corn prices are from slightly above $3.00 down to $2.50 for the $6.00 soybean price and 2) about half the farms can expect corn production to be more profitable than soybeans given the current 2007 price forecast. These expected yields cover much of the production in the Midwest and are particularly relevant to northern and central Illinois.

Table 3 also shows break-even prices for expected yields of 40 bu. per acre. Breakeven prices range from $3.38 for a 105 bu. expected corn yield down to $2.63. Generally, breakeven corn prices are higher for the 40 bu. soybean yield than for higher expected soybean yields.

Caveats

Breakeven corn prices also will vary as the cost changes. Each $5 increase in the cost difference causes the breakeven prices in Table 3 to increase by $.02 to $.03 per bu.

Breakeven corn prices in Table 3 are based on an expected corn yield that should – in most cases – reflect corn-after-corn production. Agronomic research indicates that corn-after-corn yields are 10% below that of corn-after-soybean production. Many farmers do not believe that corn-after-corn has a yield drag. Consideration should be given to yields used in calculating breakeven corn prices. Lower expected corn yields will increase breakeven corn prices.


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Larrry
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Joined: 23 Jul 2007
Posts: 1281
Location: Utah and points east

PostPosted: Fri Jun 27, 2008 8:02 pm    Post subject: Reply with quote

Sorry I will not accept your data. It is flawed and you admitted it so no further discussion is needed. Real cute that you leave pieces to the puzzle out. There a so many gaps in this, too numerous to mention.
Quote:
I'm not talking cash rent or tax purpose land, I'm talking that land already in your possesion

One quote I found humorous


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Happy go lucky
Member
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Joined: 23 Mar 2006
Posts: 205
Location: America

PostPosted: Sun Sep 28, 2008 7:35 am    Post subject: Reply with quote

Larry I find it funny your in utah and you are the "chosen one" on corn LOL. My study is from the UNL I have a feeling they knwo a little bit about corn and yields, more so than a guy trying to grow it in utah. The data is posted as they found out, if you need more of the same from others let me know!


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