Posted by Dave from MN on March 19, 2013 at 06:20:02 from (38.109.25.246):
Ok,so tell me where I can get $8 corn. Every where you go, "well, with $8 corn rent should be this, land is worth this, you can afford this, blah blah, blah. Just recent comments all over. Mostly from people that do not farm, own some land that they would like to break and rent out, and even some landlords. Only one of mine played that card, but we still settled oon a reasonable lease agreement after asked him to show me where I can find a cash bid of $8, or even $7 corn for 2012,2014, and 2015 corn. Showed him seed cost, spraying cost, crop ins cost, fuel,fert cost, lime cost, harvest and delivery cost"s, and rent cost, on 100 bushel max land. Why is every one that isnt raising corn tossing out $8 corn? One guy,actually a pretty smart person even stated "100 bushels an acre at $8, that $800 an acre, must be nice be nice to just put a penny in the ground and pull out a $10 bill". Good greif. Thank goodness for decent landlord"s and long term leases
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