Posted by spitz on March 08, 2008 at 13:13:16 from (66.220.213.161):
In Reply to: OT Crazy Cash Rents posted by super99 on March 08, 2008 at 04:08:19:
Guys, I think we are forgetting the big picture. You better be making money this year, Now how long has corn been $5? At harvest it was at about $3.50. Now if you go out and pay big rent this year what are you going to say to the landlord when you dont sell ahead at $5? This market could slide right back down to $2-3 and now what? Do you tell the landlord , well I didnt sell enough a year ahead so will you take half of what you got last year? Once inputs are up it take a lot longer for them to come down. the price you are paid can slip from you in a short time. Look at the bean market thursday and friday!!! ouch!!
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