Corn & soybeans, 50-50 on 100 acres, is going to do you well if you are in southern MN.
Wheat would be good if you are in the sandier, drier middle/ western part.
How are you going to harvest it?
What is your market - the nearest elevator, or a local buyer, can you sell the straw for $2-3 a bale....... This can make or break a crop like wheat or oats.
Cheapest to plant would be oats, wheat, or soybeans.
Corn will cost an extra 100 lbs of actual nitrogen, which is selling for ~$400 a ton raw now, and seed will run $20-30 more than beans. But - you can get a lot more at the end of the year to make up for it.
Around 'here' if you pass on land, you won't see it available again for 20 years or so, so you must be up north a bit. :) 'Here' you'd take the land if you could, wouldn't be a question. :) If you are going to go with your own equipment, esp a combine, you need to spead those equipment costs spread over as many acres as possible; one busted belt will run you $250, need to do some acres per year to keep up with those costs.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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