Posted by Bill(Wis) on August 06, 2015 at 10:01:07 from (70.44.53.114):
In Reply to: small time farming posted by Nick167 on August 03, 2015 at 06:06:05:
"cover all my costs?" Nowhere near enough info in that question. If, for example, a relative or friend is willing to let you use their drill for a small fee, or better yet, for some sort of barter arrangement? Can you no-til in your area? If you can, will the drill or planter you use be suitable for no-til planting? Harvesting? Do you have a neighbor with a combine that is willing to swing through your little patch? Combiners around me charge about $40 per acre and you pay for the fuel on top of that. Seed costs. $300+ per bag for corn. 32-34000 seeds per acre. $75 per bag for soybeans. 150-200k seeds per acre. Fertilizer? Do soil tests. Do you have a Co+op or someone like ADM nearby where they will bring out a spreader with fertilizer? (two kinds of spreaders. one is the kind you pull around with your tractor. the other is the large type that they drive around). When the combiner comes, do you have something like gravity boxes or a truck to put the grain in. Some combiners have all that stuff. If you do it with a truck or gravity boxes or grain cart (grain carts require a BIG TRACTOR) is there a nearby elevator to haul to? The trick is going to be to hold down your costs to the absolute minimum. Soybeans are under $10 right now and probably won't go up anytime soon. So, how many bushels to the acre? 50, maybe? 10 acres = 500 bushels@9.50pb = $4750.
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