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O/T the price of corn

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Animal

02-18-2005 16:31:54

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I was reading this discussion earlier on this forum I have to agree with whats been said. Today I attended a seminar on growing Sun Flowers and it has gotten my attention. Over a four year study here in Missouri it paid out a little over Soy Beans,which have been beating corn prices all to thunder, their seems to be good markets and their is quite a demand. I am getting real tired of working my butt off for nothing and I am going to look into some other crops, the good thing is that their is no special equipment you have to buy.

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cashcropper

02-19-2005 17:33:44

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

The best cash crop you can grow is marijahna. It sells for alot per pound. The down side is getting caught, but a couple of years and the mortgage is burned!!!!!

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Hugh MacKay

02-19-2005 18:05:18

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Re: O/T the price of corn in reply to cashcropper, 02-19-2005 17:33:44

Another item on that one, " What is illegal is also not taxable." Probably wont get much in the way of income support either.

Down side is your associates may come from organized crime, but what the heck, the best organized criminals in North Amerca are politicians.

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Hugh MacKay

02-19-2005 14:49:51

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Corn, beans and wheat, way to go. Heard a statistic the other day, and these are US figures, but I don't expect Canada is a whole lot different. 78% of agricultural subsidies go to 7% of the farmers. I think we have a case of the haves and have nots. I can readily see why a lot would be griping and a few are quite happy.

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Farmallkid From Ont,

02-19-2005 14:26:49

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Dad was talkin to a cash cropper the other day, he said right now, cash croppin is the best thing to be doin now. He has all his corn sold for this year for $4.00 a bushel.

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Flipside

02-19-2005 14:03:02

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

I hesitate to reply to this post but had to comment, my father inlaw farms 700 acres and grows corn & soybeans. He works about a month planting, a week or two cultivating in the summer and another month or so harvesting in the fall. He earns a good six figure salary for approximately 3months of work, and has time & money to burn. That seems like a pretty good setup to me.

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smalltimefarm

02-19-2005 17:29:19

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Re: O/T the price of corn in reply to Flipside, 02-19-2005 14:03:02

I hate to disagree, but I think you may be mistaken.

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Animal

02-19-2005 16:23:26

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Re: O/T the price of corn in reply to Flipside, 02-19-2005 14:03:02

If you have a lot of ground and don't mind huge equipment payments and enjoy the comfort of farm subsidies this is the way to go, on the other hand if you pay cash for expenses, own a small acerage thats paid for and are not farming big enogh for govt. welfare thats another story!

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02-19-2005 06:33:40

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Now, you all don't laugh too loud, but a few years back a guy wrote an article about growing catnip, making a lot of money per acre. Sounds like a lot of work to me, though, but could be intereting.

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Leroy B

02-19-2005 05:11:54

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

I've also been debating on what a good alternative crop would be. I don't make my living farming but I do have a few acres that I'd prefer to make money on. Corn ain't cuttin it.

There's talk of soybean rust showing up in my area by this year, sometime. What I've heard they say in South America is spraying for rust is a way of life for soybeans. Seems to me there goes profit out the window with soybeans.

As far as sunflowers. Just keep your combine cleaned off, especially if your in a dryer climate, out west. When I lived out west, I had one of my more interesting neighbors that liked to bring his flaming combine to my yard to use my hydrant. Probably won't be as much of an issue here in the midwest.

Off subject but for reference, midwest to me is those states close to or west of the Mississippi. Don't really understand how states in the eastern third of the country can be considered any part of west.

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P Backus

02-18-2005 21:27:26

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Up here in WI soybeans are starting to lose favor with growers. I for one have never been able to get more than an average yield in beans, even in good years. Other years yields have been catastrophic! Of course we have had some awful weather the last couple of years. In '04 I had 80 bu. corn and 16 bu. beans. Getting tired of hearing what a great year we had in '04. We can grow mosquitos and velvetleaf though! Here oats are still $.50 less than corn.
Paul

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Michael Soldan

02-18-2005 20:44:17

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Two years ago I planted 11 acres of IDA oats. I had way more than I needed and sold the balance to the local mill. They paid $190 per tonne for those oats and right now oats would be a far superior crop to plant than corn..at the current price. I was surprised that the oats were more valuable than winter wheat or corn. Not a lot of milling oats are grown either...Mike in Exeter Ontario

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CNKS

02-18-2005 17:38:43

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Re: O/T the price of corn in reply to Animal, 02-18-2005 16:31:54

Sunflowers are fine, remember there are not many herbicides for them, sunflower head moth can be a problem. As to the weeds, the "tame" sunflower is itself a weed, grows fast and can choke a lot of them out.

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ericlb

02-19-2005 07:08:11

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Re: O/T the price of corn in reply to CNKS, 02-18-2005 17:38:43

just a question, if the price of corn is so low,would it come back up if the farmers didn't grow so much as they usually do per year? what i mean is if there was a "corn shortage" one year, would it drive the price paid to farmers back up the folowing year. just wondering if a kind of organized crop rotation between corn beans and so forth would help the farmers make more money, im sure this is a dumb question but id still like someone to answer it, ericlb

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02-19-2005 11:47:44

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Re: O/T the price of corn in reply to ericlb, 02-19-2005 07:08:11

It all looks good on paper, but could you cut your income in half for a year and still survive. the farmers are already getting hit hard with the high prices of fuel, seed, fertilizer and chemicals. If they grew 1/2 as much grain, the first year, they would get half as much money. The only people making any money from the farmers are the people producing all the food you eat.

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P Backus

02-19-2005 08:33:11

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Re: O/T the price of corn in reply to ericlb, 02-19-2005 07:08:11

I'm not too qualified to answer that, but it's never stoped me before! You're right that the law of supply and demand would make prices go up if we grew less corn or whatever crop.The thing is, it's such a global market that other countries would simply pick up the slack. If North America grew half the corn in '05, for example, prices would rise and the southern hemisphere would plant more corn in October, which is their spring. Also, getting all of us grumpy farmers to go the same direction at the same time would be tough. For example, if I grew half the corn in '05, prices would respond in '05 as well and my neighbor would say " great, my corn is worth more now". So someone would profit, but not the people making the sacrifice to grow less crop.
Anybody out there have a different take on the subject?
Some people say that the best way to raise crop prices is to develop as much farmland into suburbia as possible, thus making less crop and raising prices. Aaarrrrgggg! One of my pet peeves. Development is a real problem in my area. It's hard to get started farming when the neighbor, who farmed all his life, wants $5000 to $10000 an acre. Let's just buy all our food from China, shall we?
Sorry for the ranting.
Paul

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Animal

02-19-2005 10:45:55

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Re: O/T the price of corn in reply to P Backus, 02-19-2005 08:33:11

Love to hear that ranting! When I was a teenager in the late sixties corn was higher than it is now, a family bag of corn chips was 59cents, the other day my wife brought home same brand of chips to eat with chili it was $2.59 I hadn't paid any attention to the price in years,to say the least I was blown away. Who is making all this money? It must be the same jerks who insist on keeping the boarders open for foreighn grains. I thought the whole idea was to keep food prices down for the consumer, give me a break! Now I am ranting.

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ericlb

02-19-2005 16:36:25

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Re: O/T the price of corn in reply to Animal, 02-19-2005 10:45:55

i see what you mean, there sure isn't any good answer to the problem is there, with everything on a world scale, it looks like the only loser is the guy doin' all the work in the first place, im not sure what to make of the post where the farmer only worked 3 or 4 months a year,i never been on a farm where ya didn't do something all day almost every day , guess my people are poor farmers, they only got somewhere around 200 acres, my uncle'sn his 80's and the "new" tractor is an allis from somewhere in the 60's, they traded in a M and a C on that one but theres nowhere else id rather be than that farm,

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riverbend

02-19-2005 07:25:33

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Re: O/T the price of corn in reply to ericlb, 02-19-2005 07:08:11

The University of Minnesota at Lamberton did a study looking at corn and beans vs corn, beans, oats, and alfalfa.

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