Just got some quotes for seed $90 for 32000 seeds. You'd think with 3$ corn seed prices would be lower then last year. Having a hard time making a budget with projected price being around the 3.50 mark.
I think I can follow your math on most of this but I don't get your 408 figure at the start.Top list price I seen for seed to be planted last year ('14) was $408 US. Early pay discounts knocked it down a fair amount but still spendy. (Don't have the sheet handy so can't say what exact price paid was.) Sounds like seed cost in our area supposed to be 10-20% lower according to the co-op we got seed from last year but haven't ordered yet... That would put the list price for that same bag around $350 if my math is right before discounts. That's for an 80K bag.
Normal populations for our area is 30-37K, keep in mind its corn belt area so our maturity range 95-105 day here.
Guess you could say the list price is the companies recommended retail price for a bag of corn. Varies a lot by seed company and some of the high list price ones may end up having the largest discounts if ordered early. Some other companies may start out over $50 lower but the discount % might be very low.I think I can follow your math on most of this but I don't get your 408 figure at the start.
Nope didn't make a dime this year but... It has been extremely profitable since 2007. I don't know if the good times are gonna come back anytime soon but I sure don't want to miss the boat when they do. It's time to look hard at all the economics of every thing we grow and every decision we make. If prices stay like this it's gonna be a struggle for a while. I looked back at some invoices today and in 2012 I paid 183 for a bag of 7443 and corn was at $7. That's quite a bit less then I was able to get it for this year with $4 corn. Didn't make me too happy.There is some other factors involved but we are not growing any corn next year. Didn't make much money this year.
Even with the discounts seed prices suck. No worse than fertilizer I guess.Seed corn is staying up in price, for a reason. If corn gets back up in price, discounts disappear. And nobody can complain about seed going up 50 %. Deere does the same thing.