TRACTOR PARTS Allis Chalmers Case & David Brown Farmall & International Ferguson Ford & New Holland John Deere Massey Ferguson Massey Harris Minneapolis Moline Oliver & Cockshutt Kubota / Yanmar

TRACTOR MANUALS

Allis Chalmers	Case	Farmall IH	Ford 8N,9N,2N	Ford
Ferguson	John Deere	Massey Ferguson	Minn. Moline	Oliver

Attention Forum Users: On the 28th of December 2023 at 9:00am Central Time, we will be taking the forums down for maintenance while we prepare the new forums for your use. Please click here for more information.

Tool Talk Discussion Forum

O/T The future of corn prices

Welcome Guest, Log in or Register

Author

Ohio Case

12-03-2007 15:53:35

Report to Moderator

Ive seen some news articles, that some of the new ethanol plants are sitting still, and on some websites that car builders are moving away from flex fuel vehicles. So what do you guys think is going to happen in the next 6 months to the price of corn???

[Log in to Reply] [No Email]

S.Crum

12-05-2007 05:20:51

Report to Moderator

Re: O/T The future of corn prices in reply to Ohio Case, 12-03-2007 15:53:35

In all the ballyhoo about ethanol, a simple fact is being convienently over looked, ethanol costs over 6 bucks a gallon to produce right now. Economics and politics are uncomfortable bed partners as economics always wins the arguement. The most damage that can be done to prices is if the population starts the trend toward using resources wisely and walks away from cheap imported junk. Was a time when if you couldn't afford something or it wasn't being supplied in the usefulness and quality you needed, you didn't buy it. Things remained stable and most remained honest.

[Log in to Reply] [No Email]

Gerald J.

12-05-2007 07:56:33

Report to Moderator

Re: O/T The future of corn prices in reply to S.Crum, 12-05-2007 05:20:51

From what comic book do you get that $6 figure?

Its more like $1.50.

Gerald J.

[Log in to Reply] [No Email]

s.crum

12-05-2007 14:54:56

Report to Moderator

Re: O/T The future of corn prices in reply to Gerald J., 12-05-2007 07:56:33

I believe it was in an article in National Geographic recently. I'll check tonight

[Log in to Reply] [No Email]

paul

12-05-2007 17:52:03

Report to Moderator

Re: O/T The future of corn prices in reply to s.crum, 12-05-2007 14:54:56

I guess if you throw the protien cake in the trash & don't sell the fizzy carbon dioxide created, and all you sell is the ethanol, and you use 3 year old efficiency numbers you might be close with the $6?

If you actually run a business & manage things properly and account for all of your production, it costs around $3 a gallon right now. You get about a $1.50 for the protien, and a few cents for the carbon dioxide. That's without the govt blender's subsidy.

Doesn't matter where you got your number from, it is wrong in the 'real world'.

--->Paul

[Log in to Reply] [No Email]

S.Crum

12-05-2007 21:15:01

Report to Moderator

Re: O/T The future of corn prices in reply to paul, 12-05-2007 17:52:03

I'm guessing that if the goverment is at all involved, the cost of $6 a gallon is not to unrealistic

[Log in to Reply] [No Email]

paul

12-06-2007 19:18:02

Report to Moderator

Re: O/T The future of corn prices in reply to S.Crum, 12-05-2007 21:15:01

Ethanol is worth $1.90 X 2.8 gals per bu=$5.32

DDG's would make another $1.00 / bu

There is nominal value of the carbon dioxide.

That would make the gross return over $6.32 per bu

The corn costs around $3.70 local price

Leave $2.62 per bu for them to do the cooking.

A gross return on investment of 60% should generally be workable for such a process.

Shipping, storage, handling, interest on investment will raise the price of ethanol - agood buck or more.

Poorly designed or managed plants or put in poor locations are in trouble. Several were _way_ over budget. The good ones are still returning a good return to investors.

Think you meant it costs $6+ per bu, not per gallon?

--->Paul

[Log in to Reply] [No Email]

paul

12-07-2007 08:35:04

Report to Moderator

Re: O/T The future of corn prices in reply to paul, 12-06-2007 19:18:02

Don't mean to beat a dead horse, but milage from ethanol is subjective too. Seems 3 out of 4 times, one can see an increase with an ethanol blend, not a decrease. This of course depends on figuring out what works with which vehicle so not an easy thing. Nonetheless, interesting.

Link

[Log in to Reply] [No Email]

paul

12-04-2007 17:38:42

Report to Moderator

Re: O/T The future of corn prices in reply to Ohio Case, 12-03-2007 15:53:35

A lot of the grain prices are exports - low dollar value has, after many years of USA being the last place to buy from - made our grains look cheap to the rest of the world even at what is a high price to us.

As crude & fertilizer & other imports soar in price, our exports (the grain) also soars in price.

The cheap dollar.

With ecconomic news not so good in the USA, our dollar won't get strong for a while.....

This year there is a little more demand for crops worldwide than can be comfortably over-produced, so world buyers are a tad jittery. (Last year the world planted more corn at the expense of cotton & soybeans, but we have that oversupply worked down now - all supplies are on the 'comfortable' edge...) Any bad news of drought or such could really set the markets off.

On the other hand if crude prices continue to fall & corn prices stay high or the govt changes it's mind on the ethanol/ soy-diesel stuff, or should decide we need cheaper food & opens up the 30 million CRP acres for farming, that will drop prices in a heartbeat.

So, like always, it could go up, it could go down. It likely will do both, and more dramatically than in past, calmer years.

--->Paul

[Log in to Reply] [No Email]

circus

12-04-2007 04:24:56

Report to Moderator

Re: O/T The future of corn prices in reply to Ohio Case, 12-03-2007 15:53:35

Silage may be the future if the enzymes or 10box pan out.

[Log in to Reply] [No Email]

jeffcat

12-03-2007 17:26:06

Report to Moderator

Re: O/T The future of corn prices in reply to Ohio Case, 12-03-2007 15:53:35

The trick is where this realy works is where you have sugar from sugarcane and not corn! If you look to Brazil you get all of your answers. We will never do it with corn cause the return just don't cut it! It is all a head game... nice idea but still a game. My $.02 Jeffcat

[Log in to Reply] [No Email]

RobMD

12-03-2007 16:33:28

Report to Moderator

Re: O/T The future of corn prices in reply to Ohio Case, 12-03-2007 15:53:35

ethanol plants are sitting still because it's economically feasible to do so. Unfortunately, without heavy Government mandating, the Ethanol will not be found in many gas stations. Not sure about the flex-fuel, but i DO know that people aren't buying them.

As for corn? The harvest this year was pretty good, maybe next year will be the same.

Can't look too far in the future with the instability of everything.

I dunno!

[Log in to Reply] [No Email]

dhermesc

12-04-2007 14:10:43

Report to Moderator

Re: O/T The future of corn prices in reply to RobMD, 12-03-2007 16:33:28

"Not sure about the flex-fuel, but i DO know that people aren't buying them."

What are you talking about? Most of the new Fords and Chevy's come from the factory set up for flex fuel and the owners don't even know it.

[Log in to Reply] [No Email]

rustyj

12-03-2007 18:26:24

Report to Moderator

Re: O/T The future of corn prices in reply to RobMD, 12-03-2007 16:33:28

Tread lightly in the corn game, and ethanol! Skullduggery is afoot, so i've been told! Don't invest just yet, ya might get shorted if ya do!

[Log in to Reply] [No Email]

[Options] [Printer Friendly] [Posting Help] [Return to Forum] [Log in to Reply]

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home | Forums

Copyright © 1997-2023 Yesterday's Tractor Co.
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy