Managing the moving parts of a breakeven price

Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

What do you consider the breakeven price to be for a bushel of soybeans?

This was a question posed to candidates at a Tennessee gubernatorial forum in early May in the heart of soybean country in Northwest Tennessee.

Realistically, there is no correct answer but a range of acceptable answers depending on a farmer’s individual situation. Considering there are farmers in Tennessee and the U.S. that may struggle with answering the question, expecting gubernatorial candidates to be on top of such an answer may be a stretch. Regardless, most acquitted themselves well with their answers and did show they realize the importance of soybeans and agriculture in Tennessee. Continue reading at Southeast Free Press.

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