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re: Jeremy Clarkson shares support after becoming unlikely idol for protesting French farmers
Posted on 1/31/24 at 10:00 pm to Pandy Fackler
Posted on 1/31/24 at 10:00 pm to Pandy Fackler
quote:
Farming is a good business. Lots of money to be made and young people aren't getting into it. Believe me, I know
You seem like a good dude. But do you really know there's alot of money to be made? Have you priced seed, chemical, fertilizer? Equipment cost, labor cost paired with labor shortage. 100% increase in parts.
Have you called local elevators to check basis price?
Intrest rate on farm loans?
You mention corn ground in CO so I'll use corn as an example.
Dec. Corn is 4.79 a bushel. Local elevator basis average is -.30.
My county aph is 191bu/ per acre. My own aph is 195-200 depending on farm.
Inputs average for corn in my area is 940.00 per acre
That means breakeven is 209bu per acre. Is that yield doable? Some fielda yes, most others no. Can you average that across alot of acres? Probably not. Please explain what you know so I can use that to make money. Bass boats don't pay for themselves
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