Posted by John B. on September 18, 2013 at 19:02:05 from (50.40.105.47):
In Reply to: Planting Corn??? posted by louis112 on September 18, 2013 at 17:04:07:
I did that 20 yrs ago when I started. By the time you pay for chemicals and fertilizer there's not much room for profit especially when you add in repairs. In Illinois you have to show a profit once in a 5yr period I believe otherwise you can't use it as a deduction on your taxes, it's considered only a hobby then. That may have changed by now though. I finally ended up putting our acreage in alfalfa. Someone else made the hay but I still put on potash and sprayed the alfalfa for bugs and still didn't come out much ahead.
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