I'm glad you are not trying to make a killing, 'only' averaging $600 profit per acre. ;) ;) ;) ;) ;) ;) ;)
I like your enthusiasm, but you gotta rethink your numbers _big_ time.
The average harvest in Tennessee appears to be 34 bu per acre, on a 5 year rolling average.
If you want to beat that average, you need to invest a lot in lime, fertilizer, and good good seed.
In my time, I've gotten over $9 a bu beans a handful of times - we are in the gravy train yet on beans, frankly I donno why they are so high yet. I've gotten Under $5 a bu more often than I've gotten over 9.
So, to be realistic, you need to be looking at 40 bu average yield, and $7.50 or less price.
That's 300 gross per acre, or $15,000 gross on your 50 acres.
THAT is reality over the long haul.
Take your costs out of the $15,000 - and you will have your net. (Combining should be $1100, fert will be $2500, seed $1500, herbicide $500 + 150 application. Land cost - I donno what rent is in your area? It's either side of $200 an acre 'here', or about $10,000. Total costs could be $15,750.)
So - you just lost $750 for the year, if you are about average....... Maybe your land rent is lower, but it won't make you a rich man.
A good year where you get 60 bu beans and 9 plus dollar beans - time to celebrate!
Hope it makes up for the times you get 28 bu beans and $4.80 a bu.....
While being here in MN I don't know much about raising crops in your climate, you gotta look at reality on the yields and prices.
We can go from there. :)
Again, like your enthusiazm, and good luck with the plans. :)
Ain't gonna make a living on 50 acres of commodity crops any more.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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