Seed Corn post #2

SHALER · Jan 21, 2022

So, the post below by Sourgum mentions the big yield winners. A consensus by several posters is that it is exceptionally difficult if not impossible to grow 400-
500-600 bushel corn and make a profit on it due to all the expense associated with the inputs. I just saw today a citation of a forecast by Ohio State Univ that
is indicating a cost of $1,013 to plant an acre of corn in 2022. This is in Ohio and presumably your area will be different, but I would be surprised if by a lot.
Wonder if you can even profit now at 200 bushels per acre this year!

NY 986 · Jan 21, 2022

A lot of assumptions there. What is Ohio State's assumption in regards to yield? Are they fertilizing for 225 bushel per acre corn or 250 or some other number. Are they applying insecticide at a certain growth stage or at a certain point in the season? Fuel at 3.00 dollars per gallon or 3.50 per gallon? Anhydrous or 32 percent liquid N and the price? Rent or taxes per acre?

VicS · Jan 21, 2022

Corn is 5.50 5.70 now. The yield winner last year published his inputs. His winning field was his most profitable. My gosh 5.50 600 is $3300. Chicken or Turkey manure seems to be the key. Plus a hybrid that will put on multiple ears.

jm. · Jan 21, 2022

After 54 years of crops last year I sold 1400 acres and then fall leased out the balance of the land I own. This is the first year in 55 that I have not had to make those kind of decisions. Last year was the best yield wise I have ever done. Learning and experience but the real thing was a perfect weather year. Averages 264 bushels for all the corn and record bean yields also. Purchased fuel at bulk prices and three of us larger farmers went together and purchased fertilizer so my inputs were certainly well in line or lower than most. There will be farmers that might not make a profit this year if they have a bad crop. Certainly going to have watch ever thing and have decent yields to come out. As bad as I hated to quit I think it was a good time.

Bob Bancroft · Jan 21, 2022

That's the question- whether there will be any profit this year! That's one reason why I like to only update machinery when I can pay for it. Then during a bad year, there are no payments.

crsutton81 · Jan 21, 2022

To answer your question on input costs this year for corn, we sat down with our supplier and ran a budget back in December. It will take $ 6.25 per bu and 125 bu per acre to break even on inputs. This doesn't include any costs on picking, freight, land rent, labor, and taxes on any owned farmland. An average good year across the board here normally yields 160 bu per A. It's gonna be a tight and lotta praying year going on here.

john in la · Jan 21, 2022

I think colleges should employ more farmers.

The course would be....
How to own a business
Lose money every year
And still get the bank to lend you money to buy new tractors
All the while being able to support a house and kids

Seed Corn post #2

SHALER

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NY 986

Well-known Member

VicS

Well-known Member

jm.

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Bob Bancroft

Well-known Member

crsutton81

Member

john in la

Well-known Member

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