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Pretty Simple Economics with $4 corn
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coup
Posted 2/18/2024 14:21 (#10628925)
Subject: Pretty Simple Economics with $4 corn


USA

$120 acre seed corn - $35 acre seed corn = $85 acre

$4 corn @ $85 acre = 21.25 bu
21.25 bu x 35 cents trucking drying storage = $7.44 acre

21.25 bu NPK cost = $16.78 acre

$85 + $7.44 + $16.78= $109.22 acre + $8.74 ( 8% int) $117.96 acre @ $4 corn= 29.49 bu acre more to break even from buying overpriced seed corn
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