Romney gets down on the farm to connect to real rural people

Romneyhood (take from the poor and give to the rich) ran to Iowa to show his solidarity and connection to the struggling family farmer.  He visited Lemar Koethe and bemoaned how tough it is, this dry weather and all.
Koethe owns 54 farms.  Average Iowa farm is 331 acre.  We can guess he has over half of his (estimated) 17,874 acres in corn like most Iowa farms, and at over a quarter of it in soybeans.  The estimated yield this year by the Iowa ag group is 123 bushel per acre for corn, and 54 bushel per acre for soybeans.  Lets estimate that out at December futures as of today, corn $8.23 a bushel, soybeans $16.55 a bushel.

Koethe should gross at least 1,099,251 bushel worth $9,046,835 on corn. Soybean around 241,299 bushel for another $3,993,498.  Romneyhood went to the right place, the guy is looking at least at $13 million, probably more, as I would guess his 54 farms are going to be above average size.  Lemar also gets 130k a year conservation payments, and we don't know what his crop insurance subsidy is, but that would be like saying he gets welfare and we can't say that about the guy, who by the way is an absentee farmer for all but a few acres he lives near.  The other thing you should know, he is not really a farmer, his real job, what he makes most his money off is real estate developments.

Way to connect mittens, did you see the guys house, it looks like the Seattle space needle, really, I shit you not.   Good Iowa farm ground is now selling for 10k per acre, do the math what this guy is worth just in dirt.

In case you don't know.  One mile long by one mile wide (on flat ground) equals 640 acres. This guy must have at least 28 square mile.