Recent content by Buck Junkie

Sorry for the double post

I think were on the same page. Those other cost you left out still need to be thrown into the BE calculation. All the cash flows I've worked on appear to be in the black, but the margins are getting compressed. I don't think much of the 2012 crop has been marketed (about 30% according to a...

I think were one the same page on this one. Cash rents can vary quite a bit and the average around NCIA is $275 to $325. I was attempting to support my opinion that farmers will need these higher grain prices and higher yields or thier margins will be crushed. All the cash flows I've seen are...

Nannyslayer- I should have broken it down a little differently. Using your numbers, Input cost are $414.50 per acre plus cash rent of $225. One thing your leaving out is Machinery & Equipement costs to tillage, plant and harvest. Your also leaving out drying costs, fuel costs etc. When I...

I am going to respectfully disagree on a couple of items from previous posts. I'm in the ag finance business and I dont beleive "most" of these farms are beeing bought with cash. I pay close attention to the local county records and I can assure you more than 50% of the purchases are being...

It will end when operating margins revert back to historic norms. There is an old adage in the commodity business “ the higher the highs the lower the lows”. Ethanol will consume nearly 40% of the 12 to 13 billion bushel domestic corn crop; the remaining will be used for domestic consumption...

Not trying to highjack the original thread, but thought i'd add a couple of thoughts. There are a number of influnces pushing commodity prices higher but the two that stand out IMO are ethanol & exports. There is an old saying in the commodity business "the higher the highs the lower the lows"...

Enjoy visiting this site and reading all the post and this particular one got me motivated enough to join! I apologize for a controversial 1st post, but am compleled to comment. I work with a number of farmers in my profession and I can completely understand thier motives. 1st and foremost...