Just curious, but did 40 BPA cover your costs?
No, not even close. We have a great corn basis here, and this year we had an incredible basis. We bought out of forward contracts early at little to no cost and sold everything across the scales locally for $7.50-$8.00/bu at harvest. Even at those prices our all in break even was 60-65 bu/ac.
That sucks.
Our farms are all irrigated, mostly with center pivots.
Don't take offense, but if I had to irrigate to farm, I would not farm.
No offense taken. We don't farm, we rent the ground, 640 acres that I traded pre-'64 Winchester 70s for to a guy who told me about this site, and around 3,700 acres that my wife inherited from her parents. My wife's family, both sides, came from Germany in the 1880s, long before they discovered the irrigation water held in the Ogallala Aquifer.