Question: Maybe someone with agricultural expertise can answer this. Ray's entire cornfield is large and obviously worth a lot of money. How much would the small section of corn that he plowed under for the baseball field have been worth in comparison to the rest of the crop once sold?
raywest
20th Sep 2021
Field of Dreams (1989)
5th Nov 2020
Field of Dreams (1989)
Buelah Gasnick: I experienced the 60s.
Annie Kinsella: No, I think you experienced two 50s and moved right on to the 70s.
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Chosen answer: In modern times (say, over the last 10 years) corn crops yield about $240 in profit per acre. In the mid-to-late 1980s (when this movie was made) the profit yield was far less, maybe only $150 or less profit per acre. Today, most farms produce about 1100 acres of corn per season; but, back then, most farms produced around 600 acres per season. Of course, these are all just average figures. So, let's say Ray had an average Iowa farm of 600 cultivated acres in 1989, expecting to profit $150 per acre. Optimistically, Ray would profit about $90,000 on his total crop. Meanwhile, the acreage of a large baseball field (with 90-foot baselines) is only about 5 acres. Which means Ray plowed under only about $750 worth of his crop profits to open up land area for the baseball field. It doesn't sound like much of a sacrifice at all, in terms of corn. Ray could still potentially profit $89,250 on his remaining crop (assuming he had the farm hands and heavy equipment to harvest it).
Charles Austin Miller
Thanks! The plot seemed a bit far-fetched by implying that he would go completely bankrupt because he sacrificed five acres to build a baseball field. And it appeared that not all of those five acres near the house were previously being used for growing corn. Factoring in the other incidental building costs would be a different consideration, however.
raywest ★
Yeah, the 5 acres of corn was not a bank-breaker. My impression was that Ray probably cut down the corn himself at no great loss; but he then mortgaged his farm to have that one small piece of the cornfield leveled and professionally developed with ballpark-quality turf, baselines, stadium lighting and fencing, et cetera, not to mention the bleachers and professional-grade field equipment...all of which would total, what, a half-million bucks (or more) in the 1980s? Ray's brother-in-law rightly thought it was an insane risk that would result in bank foreclosure.
Charles Austin Miller
I just watched it again. It's mentioned they paid for building the field using all their savings, so presumably nothing more is owed. Another year passes and there is another crop of corn to be harvested, but the bank is threatening to foreclose.
raywest ★
Maybe it's a plot hole or a deleted scene; because, if the bank was threatening foreclosure, then a mortgage of some kind existed somewhere.
Charles Austin Miller
He did spend a lot to build the field, and those profit margin numbers are best-case, no?
Yeah, all the figures I provided were just averages for the year 1989; but the figures do demonstrate that cutting down 5 acres of corn didn't significantly impact Ray's profit on the whole crop. It wasn't cutting down the corn that cost him money (as the original question inquired); rather, it was developing the cleared 5 acres into a level, professional-standard baseball field that cost him a ton of money.
Charles Austin Miller