Finally after many years grain farming was very profitable in 2007 and will be even more profitable in 2008 unless bad weather hits nationwide.Unfortunately livestock farming isnt doing nearly as good.
Even with fastly rising input costs theres lots of money to be made with $4-5 corn,$12 plus beans,and $9-10 wheat.
In 2007 my corn made nearly 140 bushels per acre.I sold it off the combine at $3.35 per bushel and still cleared over $200 per acre profit.If I had stored it until now I could have cleared $450 per acre profit.Thats unheard of.
A freeze got my wheat but crop insurance saved me.31 bu beans at $8 allowed me to make $140 per acre profit.Storing them until now would have allowed me to make $300 per acre profit.
Its time to do away with government farm payments.They should only be reinstated if prices fall by half.
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Today's Featured Article - It's Alright Where It Is! - by Anthony West. I have a tale of a different kind to tell. Whilst rooting in the hedge bottoms this week I had cause to visit Chapel lane Farm, the home of an eccentric gentleman by the name of Austin Kendall. I had heard rumours that an old Case Model C was languishing away in the back of one of the outbuildings there. So off I went in search of what would turn out to be a very rare and unusual tractor. Mr Kendall is an excitable chap to say the least. He is amongst the last of a dying breed of farmer who
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