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Using Your Tractor & Crop Talk

Discussion Board - corn????

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gbs

01-24-2014 18:16:51
71.51.252.209



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is there going to be any profit margin in corn this year, all the inputs haven't come down especially liquid nitrogen around here it's over 350 a ton and climbing,corn prices don't look like there going make it to $5.00




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Rmf1066

01-28-2014 12:14:22
166.147.104.175



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 Re: corn???? in reply to gbs, 01-24-2014 18:16:51  
Last night I was getting my taxes together and doing some figures on a cash rent bid to try and get some new ground for next year (after my figures I don't know why I must just like farming that much). Last year with decent crops and prices my beans on shared ground made me before my time and fuel and equipment cost $274.38 per acre not bad I thought and my corn made me a little sick when I penciled it out at a loss of $45.43 and I thought it was good corn for that ground. I really don't know how I can cut my cost down that much more and expect to grow any corn at all. I don't know if I go for broke and try and load the ground up with even more N and try a couple other things, or would I just be trading dollars? I'm no big farmer by any stretch and would like to get a little bigger but with these numbers it makes me question a lot of things.

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Bob Bancroft

01-25-2014 10:19:20
67.142.162.25



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 Re: corn???? in reply to gbs, 01-24-2014 18:16:51  
2014 seed and fert. are paid for. 2013 crop is still in the bins. So that should put off the pinch for a while. But for how long? What concerns me just as much is if the IRS really cuts sec. 179 depr. down to $25,000. If income drops enough, and expenses rise enough more that I don't need it, that will be bad.



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LAA

01-24-2014 18:59:33
86.51.147.113



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 Re: corn???? in reply to gbs, 01-24-2014 18:16:51  
Selling through $1.30 fat steers should still turn a profit.



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rrlund

01-25-2014 07:23:17
162.250.26.204



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 Re: corn???? in reply to LAA, 01-24-2014 18:59:33  
Ya,I took a few fats a week ago this past Monday and got 1.30. The top that day was 140.50. Didn't know quite how to feel when I got the most I've ever got but still was that far from the top.



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Bob Bancroft

01-25-2014 10:23:15
67.142.162.25



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 Re: corn???? in reply to rrlund, 01-25-2014 07:23:17  
You ignore that rare, elusive, impossible top, and say "I did pretty darned good, in fact, best ever"!



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rrlund

01-25-2014 10:27:39
162.250.26.204



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 Re: corn???? in reply to Bob Bancroft, 01-25-2014 10:23:15  
Ya,I never have hit the top. I guess I got within $4 a few times,but that was it. I was flat out amazed they brought what they did. The cold weather the week before took its toll. I sure wish I could get some more looking even as good as they did if I can get these prices. I've got a lot of them standing out there,but in this weather about all they're doing is maintaining.



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Animal

01-24-2014 18:27:24
76.4.183.82



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 Re: corn???? in reply to gbs, 01-24-2014 18:16:51  
I think that is a big question in most of our minds right now.



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old

01-24-2014 18:53:31
209.86.226.40



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 Re: corn???? in reply to Animal, 01-24-2014 18:27:24  
Shoot the way things are going right now who will be able to pour fuel in a tractor to plow the fields to make a few pennies on there crop??



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LARRY NEIL

01-24-2014 20:39:05
108.69.174.205



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 Re: corn???? in reply to old, 01-24-2014 18:53:31  
That's for sure! Glad I'm just doing some hay in my senior years. For sure, you are not alone in your concerns. The government isn't doing a thing to help the economy, and it seems that theyu won't be satisfied until we have to go back to horses!



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old

01-24-2014 20:44:56
209.86.226.40



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 Re: corn???? in reply to LARRY NEIL, 01-24-2014 20:39:05  
Yep all this energy stuff goes back the them wanting people to use solar and batteries etc etc to power things which has been proven not to work. Was tried 100 years ago and it did not work well and even with what we know now still does not work well. Shoot when it cost a guy $3000 to replace the batteries in his hybrid car every 4 years what saving is there in that



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rrlund

01-25-2014 07:29:16
162.250.26.204



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 Re: corn???? in reply to old, 01-24-2014 20:44:56  
Not gonna get in to a big thing about it,but our problem in the US is with what we're trying to do with solar. Trying to make electricity with it is just plain stupid. Trying to do anything on an industrial level isn't even smart,but using it on a homeowner scale to heat water,then store that water in insulated tanks,that's a European thing that's proven to work. Our "smartest people in the world" attitude in this country has made us look stupid.

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old

01-25-2014 08:34:01
209.86.226.34



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 Re: corn???? in reply to rrlund, 01-25-2014 07:29:16  
Well when you have stupid in D.C. what else but that can happen?? I use solar and it works well. Called a battery charger and I move it around to keep the tractor batteries charged up this time of year. Wish I had 4 or more of them but only have one



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