At that price around here,it'd better have a center pivot on it with the owner paying to pump the water.
Some of the analysts on the TV say that with those super high rents,production costs come in at around $850 and acre to grow corn. The price doesn't have to dip very low with an isolated weather event to loose a WHOLE bunch of money in a big hurry at that rate.
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Today's Featured Article - Old Abe is Still Making Hay - by Jeremy Sweeten. Things have changed a bit since my last article. I am now almost finished graduate school at Purdue University. I am still in Agronomy, but specializing in hay and forages. My wife has survived two years of marriage to a part-time farmer. The equipment line up has changed a bit too. The DC has retired to
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