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cedardell

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How are you all going to cope with such high grain prices? Can we deal with $7.00 or higher corn prices?
 
Good question. If we get $7.00 corn it will mean different things to different people. If we want a stable economy gas and oil prices need to stabalize. If gas and oil continue to push higher our economy is headed for big trouble. If the economy goes south it won't help beef prices much.
 
Just got my fertilizer bill for the corn and grain we put in this spring. At planting time, MAP was $700/MT; now it is $1300/MT and projected to rise to $1900 by year's end.

The starter I applied was $659/MT and would now cost $890. So $7.00 corn seems high and is too high to feed to cattle, but the crop grower will need it to pay the bills.

Who can come out even, not to mention ahead, in times like this?
 

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