Originally posted by blackpowder
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Friday Crop Report on a Thursday week 19
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Did you get out and look at any of those good looking cereals? Are they filling? A lot seemed to go from deep green to shades of white or yellow in a matter of days. Some but I have looked at did not fill.
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Retired farmer told me he sold wheat for 6.50 a bushel in 1973. And he had a 40 bushel crop.Our freight and handling charge today for new crop wheat will be close to 2.00 a bushel , about 25 % of the value of the grain.Grain freight and handling charges are now our biggest expense and good luck trying to find out the exact amount on any given day. Back in the 70s to the early 2000 the freight would have been about 5 %
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And why was it "only" 5%? If it ever really was.Originally posted by fcr View PostRetired farmer told me he sold wheat for 6.50 a bushel in 1973. And he had a 40 bushel crop.Our freight and handling charge today for new crop wheat will be close to 2.00 a bushel , about 25 % of the value of the grain.Grain freight and handling charges are now our biggest expense and good luck trying to find out the exact amount on any given day. Back in the 70s to the early 2000 the freight would have been about 5 %
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That's close. I sold 2 Red wheat in 1973 for $4.36 initial payment and got 83 cents final payment for a total of $5.19 per bushel. Fertilizer was about $100 per ton, thought I was in high cotton. First year of farming, hell this farming thing is great! Make nothing but money!Originally posted by BreadWinner View PostThe CWB kept 1/3 of the $6.50 for freight and marketing costs
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