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asking advice again -Long post
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Posted by Dave from MN on March 21, 2006 at 08:21:33 from (208.252.179.23):
OK, 23 acre peice of tillable land. Is in that direct countercylicle? program. Payment is $300 annually, payed to person farming ground. I rent it out for $550. Want to add tree line to north side and take 2 acres for it. Land has to have 21 acres tillable for DCP qualification. That said, I am considering running that 21 acres rather than renting out. I have poultry and the county extention agent states I can spread chick manure at 3ton/acre and not have to add any other fert, not even starter. Manure would be spread in winter or spring then tilled in. I would set up a 4 row planter for min till planting and probably use round up ready corn or beans and rotate in a green crop every 4 years for humus. I plan on raising 3-6 beef cows/steers starting this spring and may use some corn for feed or buy depending on price at time. I have access for free use everything I dont have for harvest. All this being said, what range of profit could I expect off this fertile loamy sand with areas of heavy black/peat land with watering ability. With taking the DCP payment of $300 that puts me at only $256 profit on crops to make even $1 more than just renting. Time is not an issue, i have plenty. Am I looking at $500 NET OR $3500 NET. Long but I needed to kinda paint the picture for all you wise ones.
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