Posted by JDseller on June 17, 2012 at 00:05:28 from (208.126.196.144):
In Reply to: Re: Land rent posted by OH Boy on June 16, 2012 at 13:14:46:
You can not insure for that high of a return. The real interesting thing is what happens when the numbers change just a little.
We are dry right now. It is hurting the crops total yield. So lets take that 200 bushel down to 175. Then cash Nov. corn was $4.98 one day last week.
So using those "real" life numbers brings the gross down to $875 per acre. So if that is what happens then the BTO is going to lose $125 per acre using IA Gary's production cost numbers.
I personally know of two different farms that have rented for over $400 per acre. The highest I know of is $475 with bins included. Just about all of the ground is $350 plus around here.
The same ground is selling for between 10-12K per acre. Just had a hill farm sell next to me for $5750 per acre and it is only 60% tillable. So there cost per tillable is right at 10K.
Many of the guys are using a different ink pen than I am using. I show red ink in most of the crop pictures of the guys paying high land prices or rents.
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 ]
Today's Featured Article - Tractor Profile: Allis-Chalmers WD45 (Gas Version) - by Staff. Beginning production in 1953, the WD45 had the same general look as the WD tractor which was produced earlier - but was much more powerful. This was due to the new 4-cylinder "Power Crater" gasoline engine with a 4 x 4-1/2 inch bore and stroke. Some people feel this was one of the most significant tractors offered by Allis-Chalmers in those days. Nothing in its weight or power class could match its performance. In 1954 they began offering the WD45 with the new "Snap-Coupler&quo
... [Read Article]
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.
