WebFeb 22, 2024 · The crop budget estimator also features an Optimization Tool. Using the budgets created in the estimator, the optimization tool will determine what combination of acres returns the highest profitability. … WebJan 27, 2024 · An increase in overhead cost per acre was made in the 2024 budgets, going from $20 to $25 per acre. Overall, with all adjustments considered, cash and economic costs per production unit remained …
2024 Estimated Costs of Crop Production in Iowa
WebOct 19, 2024 · Changes in nitrogen prices will impact the $193 fertilizer cost for corn. Other non-land costs are $484 per acre for corn and $350 for soybeans, giving total non-land costs of $677 for corn and $413 for soybeans. Operator and land return is $423 for corn and $415 per acre for soybeans, meaning that corn is projected to be $8 per acre more ... 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 total cost per bushel of soybeans is projected at $8.72 for non-herbicide-tolerant beans at 56 bpa, according to the report.”. When breaking down the costs of production, the ISU … porter baugh vote totals
High input costs in 2024 eat into profits for corn and soybeans
WebAug 12, 2024 · Prices Received and Return to Growers. Prices paid to U.S. soybean producers between 2012 and 2024 ranged from a low of $8.61 per bushel in 2024 and … WebUse these decision tools to estimate the costs and returns for growing Organic Corn, Organic Soybeans, Organic Oats, and Organic Alfalfa: A1-18: ... Use this decision tool to find cash-flow requirements per acre and break-even selling prices per bushel or ton for individual crops. A1-20: WebApr 14, 2024 · The total of all economic costs per acre for growing corn and soybeans in Illinois. Corn Soybeans Costs 2024. Department of Agricultural and Consumer Economics; Mumford Hall; 1301 W. Gregory Dr; Urbana IL 61801; Send Us … porter beams boy