Wet Corn vs Storage
The following chart was developed to give a comparison of selling corn directly from the field through ALCC's wet corn program at 28% moisture and harvesting that same bushel at 19% and drying to 14%.
| Price @ Harvest |
Dry Bushel Breakeven |
| |
March |
April |
May |
| $ 2.00 |
$ 2.37 |
$ 2.39 |
$ 2.41 |
| $ 2.25 |
$ 2.63 |
$ 2.65 |
$ 2.68 |
| $ 2.50 |
$ 2.90 |
$ 2.92 |
$ 2.94 |
| $ 2.75 |
$ 3.16 |
$ 3.19 |
$ 3.21 |
| $ 3.00 |
$ 3.43 |
$ 3.45 |
$ 3.48 |
The shrinks used in the comparison were 1.7%/point in the wet corn program and 1.3%/point in the storage program.
| Factors taken into consideration were: |
| Cost |
Drying
Capital and/or repair
Conditioning
Freight Difference
Interest |
$0.025 / point
$0.020 / bushel
$0.010 / bus/month
$0.026 / bushel
6% annual |
| Benefits |
Long season varieties
Reduced field loss
Utilization of fall forage
Fall tillage operations |
4%
2%
1%
1% |
We understand the expenses vary within operations. If you would like to have your numbers input, stop by or call.
© Adams Land & Cattle Co., 2007
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