Bushel-ize Your Budget
“Look at how many bushels of corn it takes to buy a bag of seed, a ton of fertilizer, or that new pickup,” advises Al Kluis, commodity trader. To make it easy for you, I’ve calculated the number of bushels for each of these items – plus a few more.
The number of bushels was estimated using the October 1, 2015, December futures price of corn, which was $3.91.
1 bag of seed corn – 76 bushels of corn
1 ton of anhydrous ammonia – 167 bushels of corn
¾-ton pickup truck – 8,168 bushels of corn
370-hp. tractor – 88,168 bushels of corn
16-gb tablet – 128 bushels of corn
Rotary UAV – 741 bushels of corn
50,000-bushel grain bin – 31,969 bushels of corn
Class 9 combine
Class 9 combine – 132,941 bushels of corn
Sources: Purdue University; manufacturers
Look at how many bushels of corn it takes to buy items for your farm.