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EC SoDak | Here are some somewhat random round numbers
Seed/starter/insecticide: 60
Equipment/trucking/bins: 120
Fertilizer: 160
Chems: 20
Insurance: 20
Interest: ? Depends highly on the operation
Rent: 400
Yield 210
Dec 25: 4.42
Fall basis: -.31
Cash: 4.11
Income: 863
Expenses: 780
Net: +83
Acres: 2500 (if they were actually all corn)
Total Net: +207,500
Market rallies .50, .30 carry, .20 better basis
Net: +293
Total Net: +732,750
Market declines .50, .30 carry, .20 better basis
Net: same as first option
Total Net: same as first option
Let’s say it’s drought and a 180 yield but using 4.11 today’s fall price.
Income: 740
Expense: 780
Net: -40
Total Net: -100,000
So, the questions become, do you think we are at the current market high for the year? Will you hold the crop for improved basis and carry, then what will it be. The first set of numbers was harvest delivery. Will you meet that yield goal? (Moisture outlook isn’t great) etc….
Edited by SoDak Farms 3/29/2025 18:15
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SoDak
