Posted 2/21/2024 13:35 (#10633626) Subject: Prices adjusted for inflation
WC MN
So if we go back to 2020 using inflation adjustment for those 4 years we are at about $3.50 corn and $9.75 beans I believe. If we get $3.50 corn and $10 beans that will be the equivalent of $2.90 corn and $8.40 beans. I think this is relevant as our trend line yield has only gone up about 2% so we are not making it up in yield. Going to be a tough pull of we continue to decline.