Re: Re: Re: Do you make money farming crops? (need

Posted by kyhayman on September 10, 2003 at 18:07:38 from (205.188.209.105):

In Reply to: Re: Re: Do you make money farming crops? (need to posted by Shane on September 10, 2003 at 17:48:16:

Well said Shane. (Though beans and wheat will never be good for me because I would have to get a combine and custom harvestor costs me a thousand just to get him here.) Those numbers I posted are last years. This year timothy will be a net loss for me (lost 3000 bales to a storm when I lost a roof) and another 1200 got wet in the windrow. Alfalfa too wont be as good b/c I lost a cutting to wet weather. Cattle have been consistantly good to me. Since 1981 only lost money 1 year, '94 (avg sale price .47 per pound, t.c. of production .53). Good cattle market this year and the horse market is up 30% this week will keep n.f.i. about the same though. Horses will be good this year but I took a blood bath 2 and 3 years ago with mrls. Lost 2/3 of my foals a month before birth and 90% of the mares aborted 60 days after breeding.

Tobacco was alsways good to me but it's artificially supported by production controls and I despise working in it. That was a lesson I got from my CPA, my most limiting resource was time, profit per hour was lower in tobacco even though it cleared $2000 an acre. Got out 3 years ago and never looked back.

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