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 - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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