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Cost of corn production per acre

WebAug 7, 2024 · The cost category with the largest increase is fertilizer, with an increase of $40 per acre for corn and $18 per acre for soybeans. Pesticide and seed in 2024 are projected to increase by 8 percent over 2024 levels. WebJan 26, 2024 · For 2024, the projected corn yield is 228 bushels per acre, the corn price is $4.25 per bushel, resulting in $969 per acre in crop revenue. This $4.25 corn price is $.25 per bushel higher than the price used in the October 2024 Revenue and Costs for Illinois Grain Crops publication. The higher price reflects the large increases in corn prices ...

2024 Cost of Production Increases, Expected Profit and Navigating …

WebFor the irrigated corn budgets, using a 239-bushel yield on average, 2024 cash costs were projected to increase by $0.55 per bushel and $0.59 per bushel for economic costs. Table 2 provides a similar comparison of the 2024 cost of production figures on soybeans with the 2024 projected costs of three dryland soybean budgets indicating a cash ... WebJan 12, 2024 · Corn yield in the United States is estimated at a record high 177.0 bushels per acre, 5.6 bushels above the 2024 yield of 171.4 bushels per acre. Area harvested … remote jobs for psychologists https://summermthomes.com

Ohio Corn, Soybean and Wheat Enterprise Budgets - Projected Returns for ...

WebThere are few instances where a terminal stand of alfalfa won’t supply at least 90 to 120 lbs. of N per acre to a subsequent corn crop. This means another 40 lbs. per acre is needed to meet the N needs of the corn at a 0.05 N:corn price ratio, the equivalent of about 10 tons ofsolid dairy manure or 4000 gallons of liquid dairy manure per acre. http://corn.agronomy.wisc.edu/AA/A025.aspx WebApr 10, 2024 · In the livestock corn division, the average cost per acre is $206 (minimum = $186 during 1993; maximum = $235 during 1987). Average cost per bushel has been … remote jobs for prior military

International Benchmarks for Corn Production (2024)

Category:2024 Break-Even Prices for Corn and Soybeans - farmdoc …

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Cost of corn production per acre

Illinois Corn, Soybeans: 2024 Planting Decisions, Nitrogen Costs…

WebAverage production costs per acre nearly doubled between 1996 and 2016, with seed, fertilizer, capital (buildings and equipment), and land costs as major drivers. ... Cost per … WebDec 23, 2024 · Like corn, soybean costs are projected at record highs in 2024. Total costs are projected at $785 per acre, with $476 per acre in non-land costs and $309 per acre …

Cost of corn production per acre

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WebPrice. 1 Bushel ≈ 0,035 m³. Corn Price Per 1 m³. 182.75 USD. 1 Bushel ≈ 35,239 Liter. Corn Price Per 1 Liter. 0.18 USD.

WebNov 29, 2024 · The average yield in their database is 60 bushels (beans) and 204 bushels (corn). Based on these numbers, corn is estimated to return about $155 per acre and … WebNov 16, 2024 · Given USDA's current national average yield estimate of 172.3 bushels per acre (bpa), that means it cost a farmer $5.12 to produce a bushel of corn. Using a national soybean estimate of 50.2 bpa ...

WebFeb 8, 2024 · High fertilizer costs to drive 2024 acreage. Fertilizer costs to harvest 200 bushel per acre corn based on retailer quotes from USDA’s Illinois Department of Ag Market News Service pegged 2024 per acre … WebJan 27, 2024 · “Cost of production estimates, per bushel, for herbicide-tolerant soybeans are $8.89, $8.72 and $8.57 assuming 50, 56, and 62 bushels per acre, respectively. The …

WebOct 5, 2024 · Total costs projected for trend line corn production in Ohio are estimated to be $919 per acre. This includes all variable costs as well as fixed costs (or overhead if you prefer) including machinery, labor, management and land costs. ... (Fixed machinery costs: $36 per acre, land charge: $207 per acre, labor and management costs combined: $48 ...

WebJan 12, 2024 · Corn yield in the United States is estimated at a record high 177.0 bushels per acre, 5.6 bushels above the 2024 yield of 171.4 bushels per acre. Area harvested for grain, at 85.4 million acres, is up 4% from 2024. Soybean production for 2024 totaled a record-high 4.44 billion bushels, up 5% from 2024. remote jobs for software developersWebJan 26, 2024 · The story is similar for soybeans. In 2024, non-land costs are estimated to be $476 per acre, up from $377 last year. Factoring in the cash rent average, the cost to plant soybeans will average $785 per acre, resulting in a break-even price of $11.06. “That’s much higher than it has been in the past,” Schnitkey says. profix cape townWebOct 21, 2024 · To illustrate, take the central Illinois high-productivity budget in panel B. Yields are 220 bushels per acre for corn and 69 bushels per acre for soybeans. Fertilizer costs are $193 per acre for corn and $63 per acre for soybeans. Changes in nitrogen prices will impact the $193 fertilizer cost for corn. Other non-land costs are $484 per … remote jobs for photographersWebDec 9, 2024 · The current yield estimates reflect trend yields for Indiana for each crop. ... Like corn, fixed cost per acre peaked in 2015 at $375, and is projected to be $342 per acre in 2024. The breakeven price needed to … remote jobs for retired physiciansWeb74 rows · USDA has estimated annual production costs and returns and published accounts for major field crop and livestock enterprises since 1975. Cost and return … profix capacityWebAug 12, 2024 · In 2014 the average corn production for the NGP was 134 bushels per acre almost 30% less than the US average (170 bushels). Total cost of production can be divided into operating costs (basically yearly out-of-pocket expenses) and overhead costs. The 2014 operating cost of production for NGP crop farmers was roughly $2.4 per … profix poly 500WebJan 26, 2024 · The estimated cost of production for continuous corn is $3.88 per bushel for a target yield of 166, and it goes down to $3.82 for target yields of 184 and 202 bushels per acre. The estimated costs of production per bushel for corn following soybeans are $3.34, $3.31 and $3.32 for target yields of 181, 201 and 221 bushels per acre, respectively. remote jobs fort worth texas