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Message: <blockquote data-quote="db-2" data-source="post: 340277" data-attributes="member: 4743">Farming:In my past work life, it was working with business mainly farmers in their money needs.Did call up NDSU site for their crop production cost in 2022.  Found the following:Direct cost per acre of (seed, chem, fert, ins, fuel, repairs, interest and misc) projected atWheat $230/acreBly $200Corn $300Soybeans, $174Flowers $193Canola $260Peas $181Average of $220/acre direct cost with about 50% of that fertilizer.  (I feel for me this number is low and i would of guess at least $100-150 higher based on my past records with farmers)Using local yields and pricesWheat of 70 bushel per acre at $10/bushel =$700 gross per acreBly of 80 at $7 = $560Corn of 125 at $7 = $875Soybeans of 40 at $16 =$640Flowers 2000# @ 32 cents = $640Canola 2000# @ 32 cents = $640Peas ??Average of $675$675 gross less direct cost of $220 = $455 netNow most of my farmers farm 2500 to 3000 acres with some double that.2500 acres at $455 equals 1.14 million.  Those funds are used for living, land cost either rent or payments and equipment payments or depreciation on equipment.Two years ago my last time of some farmers keeping tract of their living it was $72,000.Numbers come from NDSU or my own knowledge and some will say it is all full of crab but whatever.  No big thing and my family does farm.  Maybe have some math errors here as most in my head so check it out.  Using cost of $370 means gross of $305 time 2500 =$762,500.Looks to be a banner year for farming but just too many if in this.  Each farmer is different in yields/cost and who knows what the price will be next fall.  Just does never work out like it does on paper.  Last year one of my farmers could just as well tore his pea crop up.Hard to get those yields overall on all those acres and it most cases it will not happen.  Maybe fields here and there.I remember on the farm in the earlier 60s my dad said park the truck in the corner as he will not be able to fill the hopper (60 bushels) on the Massy combine by night due to rust.  The million will not happen for most but it still could be a banner year.  A lot of my farmers have their 10,000 gallon tanks which were fill up last fall and a lot of fertilizer was put on last fall at last year's prices.Some have the bulk of their fertilizer on.I grew up on a farm but not big enough for more than one child to take over.  I do know it can be a great life if it is in your blood.  Why i love planting my various food plot and taking care of.  $7 corn for deer, well maybe need better production frommy crop and maybe more hay bales for the deer this year.  But it was around 5-6 dollars this past year.  Next to insurance cost this was my second biggest expense in 2021-22.  Well maybe gas in my dodge.For now have bigger worries with Putin.  db- - - Updated - - -I do know Biden is a pile of crab and may get us all kill along with his followers.All i can do is hope me and my family and you and your family survive.  db- - - Updated - - -Bowman:I do thank the cow/calf man for the steaks he makes for me to eat.  Again, thank you.  db</blockquote>

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