Posted by oldtanker on July 05, 2014 at 05:22:20 from (64.118.3.75):
In Reply to: This doesn't sound good posted by Traditional Farmer on July 05, 2014 at 04:12:26:
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Very true. People will be buying cows like mad trying to get in on current prices until they flood the market again. And it's the same with people rising grain. Planting this year what was the best money maker last year. I've talked to a couple of guys who have put up bins and are holding out for better prices but they will hit a point where they have to sell, or put up even more bins............
I didn't even think about the 500 buck rents. I was thinking just the inputs.
Speaking of that, a friend I mentioned on here before, has decided that he is taking his 1/2 of the farm out of CRP this fall and is going to make a killing on corn. Really sandy soil that's been in CRP over 30 years. And he doesn't own any equipment. Just a Ford 8N for mowing. I'm going to watch and see what he really does.
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