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IL Crop Breakevens
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coup
Posted 2/20/2024 07:22 (#10631641 - in reply to #10630776)
Subject: RE: IL Crop Breakevens


USA
Burdick - 2/19/2024 16:10

This is what I meant what if you don’t even get the cash rent back let alone the cost of inputs I think it is coming. There is $600 rent in central Illinois and a lot of of $500 plus


$5-$600 rent is a better deal when you figure 5% int on owned ground that would sell for $15-$20,000 acre. @ current prices profitability is being subsidized by the land owner.

Edited by coup 2/20/2024 07:22
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