Cash deficits projected for corn in 2014 and 2015
Story Date: 10/28/2014

 

Source: DEPT. OF AGRICULTURAL AND CONSUMER ECONOMICS, UNIV. OF ILLINOIS, 10/24/14


In Tuesday's article (farmdoc daily, October 21, 2014), gross revenue from corn was projected to be much lower in 2014 and 2015 than in 2011 through 2013. Total costs are compared to gross revenues in this article. For cash rent farmland, total costs are projected higher than gross revenue in 2014 and 2015. Projected losses are over $100 per acre in 2014 and 2015.

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