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Re: OT Crazy Cash Rents


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Posted by IaGary on March 08, 2008 at 10:47:29 from (67.55.192.138):

In Reply to: Re: OT Crazy Cash Rents posted by JT on March 08, 2008 at 10:10:20:

Yep I forgot the crop insurance. At my level it is $36 an acre. If you are using triple stack corn you can drop the insectcide and the herb should be cheaper. If not why use that $250 corn. My corn is only $170 a bag.

I bought 5500 gal. of diesel last year for 850 acres of row crop and 60 acres of hay.

Also customed farmed 160 acres so I figured 5 gallon an acre.I prepaid for $2.82 a gallon a month ago.

Been farming for 34 years now.

I have never gotton a refund on income taxes. There are a lot of years I didn't pay much.

If you have not made money the last 2 or 3 years and don't have a profit locked in this year, you are in the wrong business.

I am not bragging about making money. I'm just tired of hearing guys say they lose money every year. If you lose money every year how do you keep going, thats impossible.

Do farmers say you are losing money so the public will fell sorry for them? Does that justify the government programs if you say you lose money?

I guess I am and will always be a positive person.

Gary


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