Grains up today, locked in more '10 crop

Dave from MN

Well-known Member
Any one else grabbing some of this little spike in prices? I dont see it getting too much higher unless inputs really increase and people start backing off acres. any other thoughts? I backed off soybean acres, and increased the corn from what I was planning.
 
I'm doing the opposite, going to back off the corn acres and add bean acres. I love growing corn but last season I had 180 bushel corn and it was a real challenge to haul it all to market. Besides the insurable price is down .09 cents this year over last on corn and up .40 cents on beans. I'm sure that the 180 bushel corn was an anomaly this past season whereas my beans had room for improvement at 45 I'm sure I can grow 50 bushel beans more often than I can grow 180 corn and with less input for the beans so the profit is close to the same with beans with less grain to handle.
 
The opposite here, I've hardly ever grown 50 bu beans, while 175-180 bu corn is easy to do. 'Here.'

Getting to be 2/3 corn, 1/3 beans groing around here, and price be darned, I bet we get to 3/4 1/4 pretty soon. Beans have just stagnated on yield around these parts, add in the aphids we need to spray for now, and they are just too costly to grow.

But that is here, in these soils & climate. :)

--->Paul
 

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