Soybean profit per acre
Webper acre 185 bushels per acre 204 bushels per acre Your Fixed Variable Fixed Variable Fixed Variable Estimate Preharvest Machinery 1/ $28.30 $27.10 $ Seed, Chemical, etc. Units Nitrogen, $0.83 per pound 167 138.61 177 146.91 187 155.21 Phosphate, $0.75 per pound 63 47.25 69 51.75 77 57.75 Potash, $0.72 per pound 50 36.00 56 40.32 61 43.92 Web19. jan 2024 · 1. Select your state and crop previously grown on the selected acres. 2. The calculator will automatically default to anticipated expenses and yield (these numbers are based on university budgets and Granular data from more than 10 million aggregated and anonymized acres and corn-soybean rotations, broken down by state).
Soybean profit per acre
Did you know?
Web16. mar 2024 · Schnitkey estimates, with budgets based on fall delivery prices of $6 corn and $14 soybeans, central Illinois farmers will see a return on investment (ROI) of $276 … WebIf the price was $1.98 per bushel and the yield the same, the profit would be $5.56 per acre. Another example: if the price were 20 percent higher than budgeted ($2.16 per bushel) and the yield were 10 percent higher (165 bushels per acre) the profit would be $64.96 per acre. Enterprise budgets can also provide you with a wealth of other ...
Webpred 2 dňami · According to the Kenya Agriculture and Livestock Research Organization (Kalro), soybean is a common cash crop that can produce up to twice as much yield per acre as most other grains making it a very profitable crop to grow. 13 Apr 2024 05:00:00 Web23. dec 2024 · 2024 Break-even Soybean Prices 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 …
WebPočet riadkov: 11 · 12. aug 2024 · Prices paid to U.S. soybean producers between 2012 and 2024 ranged from a low of $8.61 per ... Web13. apr 2024 · NEW YORK - Monsanto (NYSE: MON) has raised its fiscal year 2008 ongoing earnings per share (EPS) guidance to a range of $2.70 to $2.80, compared with its previously announced range of $2.50 to $2.60, reflecting increased confidence in its seed and traits business commitments and continuing strong performance of its Roundup and other …
Web30. jún 2024 · Soybean Yields. Although yield is only a partial gauge of performance, it reflects the available production technology across farms. Average soybean yield for the farms in 2015 to 2024 was 3.17 metric tons per hectare (47.1 bushels per acre). Average farm yields ranged from approximately 1.55 metric tons per hectare for the typical farm in ...
Web26. feb 2024 · MFP revenue for soybeans in 2024 was $82 per acre, down by $40 per acre from the 2024 level of $122 per acre. Farmer returns for 2024 is projected at a negative $52 per acre, an additional $20 loss from the negative $32 level in 2024. Crop revenue in 2024 is expected to be higher at $573 per acre, $72 higher than the $501 crop revenue in 2024. town of auburn assessors onlineWeb11. nov 2024 · These three crops composed 87% of Ohio harvested crop acres in the 2024 Census of US Agriculture. Trend yield is higher for corn than soybean and wheat, both in terms of bushel / acre and percent of yield. ... Ohio linear soybean trend yield is +0.48 bushel per year over 1972-2024, the same as the average of the 78 county trend yields estimated ... town of auburn nh job openingsWeb21. jan 2024 · Profits from soybean production would exceed $110 per acre. However, futures prices are currently reflecting a market reaction to unexpected USDA production … town of augusta maine tax commitmentWeb6. feb 2024 · For soybeans, with $621 in income, total direct costs are $485. Overhead costs are another $66 per acre for total costs of $561 per acre, for $70 in profit. “Again, the good news for corn and soybeans is that this is the second year now the prices we have in 2024 are above our cost of production,” he said. town of auburn fond du lac countyWeb18. jan 2024 · “A high-yielding soybean crop can remove as much as 84 pounds of potassium on a per acre basis. Compare that to a high-yielding corn crop, which only … town of auburn me tax collectorWebPer acre $357.98 $525.02 $403.47 $564.72 $451.96 $614.45 Yield: bushels Per bushel $1.97 $2.88 $2.00 $2.80 $2.04 $2.77 per acre Total cost per acre Total cost per bushel … town of auburn fond du lac county wiWeb31. mar 2024 · The expected gross profit for this productivity soil is $449/acre for corn and $442/acre for soybeans. Assuming a 50-50 rotation the average gross return would be … town of ault utilities