date:Nov 02, 2012
re expensive corn and soybean seed work on the balance sheet for the 2013 crop? Based on prices right now, Miller says farmers could see an average return on rotational corn of just over $550 an acre and $466 an acre for soybeans. Those are 24% and 17% higher than 2012, Miller's research shows.
The economics at current prices for next fall are very good, even with the higher cost of seed and some of the other inputs, he says. I'm expecting a good opportunity for profits, if we can avoid another