
Shay Foulk
@FoulkShay • 11,731 subscribers
Farmer in NW Illinois - Farm and Ag Business Consultant at Ag View Solutions- Cost of Production - Monier Seed
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Here’s some fun math for you: if it cost $1300/acre to put this corn crop in, and I want a minimum 10% return, I need $1430/acre in revenue. If I sell my corn at $4.50, I need 317 bu/acre corn yield. If my neighbor sold at $6.50, they need 220 bushel corn. My APH happens to be 222. This is why target margin and knowing your cost of production matters. If you don’t know your numbers this well for 2024, please reach out to me.
Shay Foulk186,051 Aufrufe • vor 2 Jahren
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