As of the close on:  
03/11/10
 

We are receiving wet corn daily

Indiana
Crop Mar July O/N 10 Jan 11
Corn 3.40 3.54 3.55 3.75
Beans 8.97 8.95 8.57 8.84
Wheat 3.97
Corn 0 Beans -27
Illinois
Crop Mar July O/N 10 Jan 11
Corn 3.35 3.51 3.55 3.75
Beans 8.93 8.91 8.57 8.84
Wheat 3.97



        Profit Per Acre - February 16
Cash Corn    Profit/Acre    Fall Corn    Profit/Acre
  $3.44          $19          $3.63         $153

Cash Beans   Profit/Acre    Fall Beans    Profit/Acre
  $9.52          $76          $8.91         $120

Assumptions
Yield: 180 bu/acre corn, 50 bu/acre beans
Input Costs:   2009 Crop     2010 Crop
         Corn   $600/a.       $500/a.
        Beans   $400/a.       $325/a.

All bids are subject to market conditions!

Burt

 

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