Wrong, cost $450 and acre to plant and harvest. 200 bushel an acre is good. 200x $3.00 = $600. Oh and the rent per acre is 3-400....do the math.
$3 a bushel? That's 56 pounds. An Ear of yellow corn in a CA grocery store cost more than a buck. Someone is making a killing. That math doesn't add up.
Ok, I don't farm so if I missed something, please explain and don't just beat me up.
Average cash rent in Iowa is about $220. Not all corn acres are rented.