(800) 853-2651
SHOP NOW

fall corn and soybean prices

D

Dave from central MN

Member
Just curious what many of you are using as your
"estimated" grain sales prices for this coming
year. Have a couple friends using $4.20 for
corn and $10.50 for beans, but do you think
they will get there, real -basis prices, not
CBOT prices? I think, with out bad weather
event this summer, droughts/flooding, I expect
corn to be <$3.50 by harvest locally, and beans
between $8-$9.50. Pretty hard to pencil out a
profit with the input cost's staying the same
or rising from last years cost's.
 
What do you figure your bpa would need to be to make money on 3.50 corn? For me it would have to be above 150 bu and that is not super easy on our soils. I think you're right, I would figure for corn around $3.50 and beans around $9. I don't much care, I don't hardly plant much corn anymore (just enough to pick some to grind for pig feed) and very little beans.
 
They had on our ag news today with next falls projected prices there would probably over 3 million acres this year that would not be planted to one of the 8 major crops.
 
I didn't pay that much attention. After he said corn, beans & wheat it didn't make me any difference but cotton was also mentioned.
 
I don't see prices looking good for this fall. I know several guys with bins full of corn and beans they are sitting on waiting for the price to go up. A nephew erects bins in west MN, ND and SD. They are still working putting up more and more bins. Seems a lot of guys sitting on that grain need more storage for the coming year. No granted that a lot of those guys out there are farming in the thousands of acres but they too are sitting on grain. Eventually they will have to have income so it will get sold. When they start selling any gains in prices will get knocked back. I don't see much improvement for the next couple of years.

Rick
 
You must log in or register to reply here.

Similar threads

S
OT Corn and Corn Products
2
Replies
27
Views
3K
Dunk
D
Tractor Parts Tractor Manuals

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today.

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters
Website Accessibility Policy

Back
Top