Posted by farmer boy on August 01, 2011 at 17:56:33 from (66.209.54.106):
In Reply to: Re: land rent posted by rustred on August 01, 2011 at 12:03:50:
Their making money. Think about it. $6/bu x 200 bu/ac=$1200 Rent-$400/ac No till seeding $25 combine $40/ac fertilizer-400lb/ac=$120@$600/ton Spray(app and chemical) 2 applications 16+20=$36/acre Let's assume it comes off dry figure $30/ac for trucking. All costs are approximate, not sure on some costs and trying to over do it. No idea what the midwest takes for fertilizer etc but at those costs it's 651/ac for inputs + interest at 8% equals about $700 inputs or $500 profit.
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