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info I just found out bout my wheat contract
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plowboy
Posted 7/19/2007 06:56 (#176000 - in reply to #166561)
Subject: Re: info I just found out bout my wheat contract



Brazilton KS
What's so hard to figure out about that?  I know the minimum return we are going to get for our corn is going to be the spring price times 70% of our APH.  The costs are pretty well all spent now, so it shouldn't be too terribly hard to get a handle on what we have in it.  Subtract the latter from the former and you have your expected minimum profit per acre.   It can go up from there considerably based on yield and (I'd say pretty unlikely at this point) price. 
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