corn prices

[Son of Butch]

I sold a couple thousand bushels of corn the other day for $7.89 bushel, he said grinning ear to ear, but with gritted teeth as I remember I also sold 3,000 bushels in February for $6.30

 

[moses388]

Both are good prices. You could always sit on it till it drops back to $4. Haha

 

[Lee VanRoss]

Both are good prices. You could always sit on it till it drops back to $4. Haha

Pack a lunch. You are going to be there a while with the inflation so high..

 

[SBMF 2015]

Yeah well, my first fall deliver contract is for $4.25 That looked like a good place to start last summer when I sold it. At least it's only 500bu. and I didn't sell any more.
Got $7.84 for the last corn out of the bin. That's the highest I've ever got.

 

[BFE]

Both are good prices. You could always sit on it till it drops back to $4. Haha

My dad's hauled grain his whole life. Can't believe how many clean out full bins in August, watching prices rise and fall, then sell because they have to make room for new crop. Those are the people with inherited money normally, don't have to worry about making bills.

 

[SBMF 2015]

My dad's hauled grain his whole life. Can't believe how many clean out full bins in August, watching prices rise and fall, then sell because they have to make room for new crop. Those are the people with inherited money normally, don't have to worry about making bills.

Know of some folks that earned their money back in the 50,60,70's the hard way feeding cattle. Several years ago they put up another 50k bin because the other one was full and they didn't need to sell any.
I wonder if they're still full?

 

[Son of Butch]

I've heard talk of a lot more acres going into soybeans this year, because of high fertilizer prices for corn. I don't know if it's true or just talk.

 

[BFE]

I've heard talk of a lot more acres going into soybeans this year, because of high fertilizer prices for corn. I don't know if it's true or just talk.

I’ll bite. We’re going all beans. First time ever.

 

[Son of Butch]

We’re going all beans. First time ever.

yup - That's exactly what I've heard a few local guys say.

 

[wbvs58]

Do the soyabeans add much N to the soil so that you don't have to add N for the following grain crop?

Ken

 

[BFE]

The rule of thumb is 1# N per bushel soybeans. This far south, we only count on 30# carryover. Winters are too warm and wet.

 

[SBMF 2015]

A lot of guys put their anhydrous and fertilizer on last fall. Those acres are pretty much locked in to corn. I'm 75% soy beans this year. I don't like it, but at the time I had to decide it looked like a better deal.