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kansasfarmer's blog

Done with soybeans

I was able to finish harvesting soybeans Friday.  Our yields were more or less average, with the much higher price it was probably the highest grossing soybean crop in 21 years of farming.  Started back on corn Saturday.  Bought some 18-46-0 today for the whopping price of $486 per ton.  This will push our fertilizer costs for wheat to $50, double the price of 3 years ago.  Seed costs appear to be in the $22 per acre range, we use very little herbicide, about $6 will catch that.  It will take $2 per bushel on an average yield of 40 bpa to cover just those costs, add another $2.50 to $3 for rent and machinery costs.  We are going to be looking at $5 bushel breakeven costs, just a little scary...corn will be even worse because it takes more fertilizer. 

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