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Southwest Illinois | Going to cost nearly $200 in inputs just for chem/fert and seed. Now you are down to 220 per acre. Lets say his equipment(including all field operations, planting, spraying, harvest, etc) costs are cheap at 50 per acre. That leaves 170 to pay labor, return to management and taxes. That seems like a pretty good deal as long as the corn yields 200 and the price is 3.80. Run those same numbers at 150 bushel corn and things look a bit different. Makes $5000 per acre ground seem cheap. | |
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cast rent auction-45 min north of us
