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cast rent auction-45 min north of us
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eddie
Posted 10/23/2007 12:59 (#225175 - in reply to #225149)
Subject: RE: cast rent auction-45 min north of us


341 rent + 250 inputs = $591

200 bu corn x $3.50 = $700

$109 profit

Making almost a 20% return on his investment with opportunity to buy federal crop to insure his revenue, and $250 is ample for fertility replacement. What am I not seeing, these are conservative yields for that area and liberal input costs.

Eddie

Edited by eddie 10/23/2007 13:00
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