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Well, finally, the new crop bean/corn ratio is ....
Well, finally, the new crop bean/corn ratio is coming up to where it needs to be to buy some bean acres. I was beginning to think I was going to have to plant the whole farm to corn. A week ago, the new crop bean to corn ratio was down to 2.1 now it's 2.26 and coming up. When it gets up to 2.5-2.6 may we can think about selling some beans. Currently that means new crop beans need to be about $16.50 in my estimation.
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Re: Well, finally, the new crop bean/corn ratio is ....
I know the corn/bean price ratio can be a tool to see how in line prices are. But, are there pockets of farmers (who aren`t already done planting) look at the ratio and actually trade seedcorn for bean seed? It`s seems strange to most north Iowa farmers, because for the most part in October if we`re combining a beanfield, we can say with certainty that next year it`ll be a cornfield regardless of price and price ratios. If I was rich, I`d raise only corn, the beans would have to be $40/bushel or I wouldn`t mess with the damned things. This is corn country! 🙂
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Re: Well, finally, the new crop bean/corn ratio is ....
Just thought of this, if corn and beans were pets, corn would be Dogs and soybeans would be cats. I think only a "cat person" can enjoy raising soybeans. 🙂
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Re: Well, finally, the new crop bean/corn ratio is ....
Well, I like dogs AND cats.
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Re: Well, finally, the new crop bean/corn ratio is ....
I like Dogs and "cat" but when you get 40 of the damned things..... and it seems like they don`t get distemper anymore.
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Re: Well, finally, the new crop bean/corn ratio is ....
When we were just out of school a neighbor decided to sell his place to my dad.
Later I asked him what he liked about his first paid for home.......
"The place had a history of distemper. Wipes out the cats every so often."
His favorite part.
true story