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hardnox604008
Posts: 5,518
Registered: ‎05-14-2010
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C IN

Far enough along to project we'll do a bit under 200 on corn, high 50s on beans. Beans could have been best ever with an inch of rain in the last third of August but didn't happen and I've done a whole lot worse. Actually a bit surprised that there was enough soil moisture to finish to that extent- particularly since maturities leaned to the full end.

 

Both will be below the last two years but those years were just ridiculous- 200+ and 60+ on what has to be descibed as B+ ground at best.

 

So I don't know what that says about the larger picture- our sils should yield above the IN average but not hugely- these are still well above projected state average.

 

I do know that we spent a fortune to buy that yield- fungicide, top of the line triples etc. Need around 180 at $4 to cover all costs.

 

Still remains scary- a yield at insurance threshold (80% of 172) and no price pop loses $210/acre against all costs. Some of that in C IL and a few other spots this year.

 

Thus, glad to walk away with any sort of profit and looks like we'll pocket $50-60 acre after family, depreciation, indirects- hopefully everything.

 

Be safe, h

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason."

J.K. Galbraith
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