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    #76
    $10.00 per bag at Angelo Pellets today.

    Rwc

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      #77
      Originally posted by skinsfan View Post
      Can you clarify? As a producer (corn grower) aren’t you being paid a higher price for you commodity?
      Most farmers have to sell when they harvest, they don’t have the storage to hold the grain and even if they did the bank is holding an note and is calling to collect. Prices are high now and from the outside it appears a farmer is making a killing, watch the prices drop end of July beginning of August when farmers start harvesting. They could find a buyer now and contract tomorrows corn at today’s higher prices but if they contract 2mil lbs, they better have 2mil lbs come August.

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        #78
        Originally posted by hoythunter02 View Post
        I read an article saying the packers are the ones who make out on the price increases, the middle man was benefiting the most. Wonder if that's the deal with corn, surely not. I hope the farmers are getting what they deserve. There are many more folks hunting now, the demand for corn has increased so I would think they would be paid well to grow/maintain corn crops.

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        The corn that deer hunters buy is less than a drop in the bucket, in the grand scheme of things.


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          #79
          Originally posted by Dale Moser View Post
          The corn that deer hunters buy is less than a drop in the bucket, in the grand scheme of things.


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          Dale is correct. Even American cattle feedlots can't compete with China are Russia when they need corn. Lots of smaller countries compete too.

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            #80
            Originally posted by Benno View Post
            Most farmers have to sell when they harvest, they don’t have the storage to hold the grain and even if they did the bank is holding an note and is calling to collect. Prices are high now and from the outside it appears a farmer is making a killing, watch the prices drop end of July beginning of August when farmers start harvesting. They could find a buyer now and contract tomorrows corn at today’s higher prices but if they contract 2mil lbs, they better have 2mil lbs come August.
            Most if not all is contracted already. Ultimately the higher the commodity price the easier it is for a farmer to turn a profit. Everyone has a break even and there isn’t a farmer I know with a break even anywhere near today’s prices. Farming is not easy, but it can be very profitable, lots of programs to help as well. Most I repeat most farmers that go broke own no land and manage their finances poorly. I have personal relationships with a ton of farmers that earn a dang good living. Personally I could not deal with the stress and the debt load that comes with farming!

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              #81
              Originally posted by skinsfan View Post
              Most if not all is contracted already. Ultimately the higher the commodity price the easier it is for a farmer to turn a profit. Everyone has a break even and there isn’t a farmer I know with a break even anywhere near today’s prices. Farming is not easy, but it can be very profitable, lots of programs to help as well. Most I repeat most farmers that go broke own no land and manage their finances poorly. I have personal relationships with a ton of farmers that earn a dang good living. Personally I could not deal with the stress and the debt load that comes with farming!
              You asked a question and I tried to answer as simple as possible. But if the people you know are dry farming and contracting their corn in the spring, the years coming when they’re going to get bit.

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                #82
                Originally posted by skinsfan View Post
                Most if not all is contracted already. Ultimately the higher the commodity price the easier it is for a farmer to turn a profit. Everyone has a break even and there isn’t a farmer I know with a break even anywhere near today’s prices. Farming is not easy, but it can be very profitable, lots of programs to help as well. Most I repeat most farmers that go broke own no land and manage their finances poorly. I have personal relationships with a ton of farmers that earn a dang good living. Personally I could not deal with the stress and the debt load that comes with farming!
                Maybe for the large commercial farmers. Did you factor in the exploding cost increases of planting seed, diesel, fertilizer, etc into your “making a killing” formula? As mentioned above, most farmers have to sell at harvest or shortly after, when the market is flooded. Very few store their grain to wait for better prices. Those that do have to pay for that storage.

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                  #83
                  Originally posted by 88 Bound View Post
                  Maybe for the large commercial farmers. Did you factor in the exploding cost increases of planting seed, diesel, fertilizer, etc into your “making a killing” formula? As mentioned above, most farmers have to sell at harvest or shortly after, when the market is flooded. Very few store their grain to wait for better prices. Those that do have to pay for that storage.
                  Did not mean to turn this into a bickering match, I am very familiar with the industry and have worked in it for my entire adult life (15 years). I am PRO agriculture, it feeds my family. You guys have great points, but not all grain is harvested at once, harvest works its way north. Seed price has not increased much over last 5 or so years and the Technology in the bag easily offsets the price increase. Diesel today is cheaper than it was in 2018 and pretty close in price to 2019. Fertilizer is high this year but it has always fluctuated greatly! Again, my only point was that a farmer benefits from the higher corn prices so I will gladly pay an extra couple of bucks a bag for deer corn!

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                    #84
                    Corn Prices

                    Originally posted by skinsfan View Post
                    Again, my only point was that a farmer benefits from the higher corn prices so I will gladly pay an extra couple of bucks a bag for deer corn!

                    We kinda took the long way home to get here, but this is where I’m at as well. If corn breaks me, I don’t need to be buyin it anyway.


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                    Last edited by Dale Moser; 05-15-2021, 08:37 PM.

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                      #85
                      Saw $12.99 Friday

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                        #86
                        Originally posted by Dale Moser View Post
                        We kinda took the long way home to get here, but this is where I’m at as well. If corn breaks me, I don’t need to be buyin it anyway.


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                        ^^^^^^ Like Button ^^^^

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                          #87
                          I just read this in our local newspaper.

                          High corn prices may cause problems for Iowa farmers

                          High prices are projected for corn and soybeans in Iowa, but this boost may not be good for farmers and consumers.


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                            #88
                            Trust me at 7+ a bushel for corn, farmers are loving it. Soybeans are around 14.00 that is big money.

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                              #89
                              It’s all debt until it’s out of the field, and sold.


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                                #90
                                Originally posted by Dale Moser View Post
                                We kinda took the long way home to get here, but this is where I’m at as well. If corn breaks me, I don’t need to be buyin it anyway.


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                                Exactly, let's go fill some feeders!!!!

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