Your numbers look very accurate to me Gary. I don't know why some farmers say they always lose money. I do, however, know why we couldn't (or maybe wouldn't) pay that much for rent. To assure $5 per bushel you would need to contract 150 bpa right now. That sounds like risky buisness to me. I would not recommend forward contracting more than half of your projected yield to anyone. I've seen guys get in big trouble this way. I doubt we're looking at 300 bpa ground. We had a terrible hot dry summer here last year. Corn was half a crop. Say this is 200 bpa ground. Grower forward contracts 100 bpa for $5. Has a bad year. Corn does 150. Price at harvest is $4 per bushel. He ends up losing $50 per acre, if he sells remaining grain at harvest. He could play the market and recoup, or lose even more. If he had 75% APH coverage (which would be costly and not figured into inputs in this scenario) he wouldn't get a dime from the insurance man. Sounds like a lot of money for grain farming. Maybe he is a vegetable grower or perhaps need manure rights.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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