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IL Crop Breakevens
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Boone & Crockett
Posted 2/20/2024 08:53 (#10631795 - in reply to #10631641)
Subject: RE: IL Crop Breakevens


coup - 2/20/2024 07:22

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.
Yup. As crazy as that sounds to a prospective tenant, it’s absolutely the way it is with cash actually being worth something again. Completely changes the way things should/need be looked at.
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