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re: Farmers of the OB, have a question
Posted on 7/19/14 at 8:18 am to GREENHEAD22
Posted on 7/19/14 at 8:18 am to GREENHEAD22
Beans are around $11/bushel. 60-70/bushel beans is a good average yield for us, some guys are pushing the 80-90 bushel yields on good irrigated ground. Let's say operation cost are about $475 an acre @ 100 acres your operating cost are $47500. If you can cut 60/bushel beans you'll gross $660 an acre. ($66000/100 acres) So essentially you'll net around 18k.
Corn and cotton prices are terrible and input cost needed to produce a decent crop make it hard to break even.
Corn and cotton prices are terrible and input cost needed to produce a decent crop make it hard to break even.
2
Posted on 7/19/14 at 9:03 am to dpark
What dpark said. Rough figures, $10 per bushel for beans, average irrigated yield 55 bushel ( lots of variables, fertility, rain, insects, plant stand). Cost of production , $250 on low side figuring in rent and fertilizer could push $500 per acre.
On beans, breaking 60 bushels and $10 per bushel is the key. Marketing the crop is the key. Many guys pass up $11 waiting on $11.25 and end up settling for $10.
On beans, breaking 60 bushels and $10 per bushel is the key. Marketing the crop is the key. Many guys pass up $11 waiting on $11.25 and end up settling for $10.
Posted on 7/19/14 at 11:26 am to dpark
That what I was looking for. Thanks.
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