Dave you are asking for one of the dirty little secrets about farming. All you need to do is figure out the average production for the area is, what the crops sells for at harvest. Do the math.
In my case it cost me, in rough numbers, 175 an acre to till, plant, spray, and harvest corn. That covered everthing from the first day I broke ground to dumping it in the silo. Fuel, oil, fert, seed, chems, etc. No machinery. Seed and fert being the bulk. my area for corn is around 100 bu acre. When I quit grain crops that 175 would get me aroud 200. Property tax took the other 25 plus a little.
Beans were not much better. I can't recall the numbers but I think something like 150 in for less than couple hundred out.
I am convenced that the seed companies base the price of the seed on what it will produce and market rate.
Plus I am convenced that is why so many farmers are on welfare (no disrespect intended). The majority are at best break even operations. That goverment crop check is what feeds them. One bad year and they are bankrupt.
This is why I only do hay now. Cost me less than a buck, including machinery, to make a bale and a nickle or so for transportation. At 3.50-4.00 bale I can eat real well and pay all the bills. Plus I am not beholden to the Goverment to keep me in the poor house....
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Today's Featured Article - Restoration Story: 1951 Farmall H - by The Red (John Fritz). I have been a collector of Farmall tractors since 1990 when I first obtained part of the family farm in Eastern Indiana. My current collection includes a 1938 F20, 1945 H, 1946 H, and the recently purchased 1951 H. This article will focus on what I encountered and what I did to bring the 1951 NEAR DEATH Farmall H back to life.
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