2012 Cost Estimates: Corn following Corn Source: Duffy, ISU Extension Economics, Dec. 2011 Low...
12
2012 Cost Estimates: Corn following Corn Source: Duffy, ISU Extension Economics, Dec. 2011 Low Yield Medium Yield High Yield $738 $816 $888 $5.10 / bu. $4.94 / bu. $4.80 / bu. Break Even
-
Upload
lorin-strickland -
Category
Documents
-
view
216 -
download
1
Transcript of 2012 Cost Estimates: Corn following Corn Source: Duffy, ISU Extension Economics, Dec. 2011 Low...
2012 Cost Estimates: Corn following Corn
Source: Duffy, ISU Extension Economics, Dec. 2011
Low Yield Medium Yield High Yield
$738
$816
$888
$5.10 / bu. $4.94 / bu. $4.80 / bu. Break Even
Source: Duffy, ISU Extension Economics, Dec. 2011
2012 Cost Estimates: Corn following Soybeans
Low Yield Medium Yield High Yield
$686
$762
$834
$4.29 / bu. $4.23 / bu. $4.17 / bu. Break Even
Source: Duffy, ISU Extension Economics, Dec. 2011
2012 Cost Estimates: Soybeans following Corn
Low Yield Medium Yield High Yield
$498
$546
$592
$11.07 / bu. $10.92 / bu. $10.77 / bu. Break Even
2012 Margin Estimate: Corn following Corn
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Machinery $108
Land $258
Inputs $417
Crop Value $866 = 165 bu/A X $5.25/bu
Direct Pmt. $23
$816
$889
$73
Labor $33
Average Yield 165 bu/ACost per bushel $4.94 / bu
2012 Margin Estimate: Corn following Soybeans
Machinery $101
Land $258
Inputs $373
Crop Value $945 = 180 bu/A X $5.25/bu
Direct Pmt. $23
$762
$968
$206
Labor $30
Average Yield 180 bu/ACost per bushel $4.23 / bu
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
2012 Margin Estimate: Soybeans following Corn
Machinery $81
Land $258
Inputs $181
Crop Value $550 = 50 bu/A X $11/bu
Direct Pmt. $23
$573
$27
Labor $26
$546
Average Yield 50 bu/ACost per bushel $10.92 / bu
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Corn - Return to Land & Management Trends
* - Estimated
$400$327
$159
$438
$613
Source: ISU Ext. Econ. Costs, Iowa Yields, & WASDE Nat’l Prices, Dec. 2011
2012 Margin Forecast: Corn following Corn
Labor $33
Machinery $108
Crop Inputs $417
Crop Value $866 = 165 X $5.25/bu
Direct Pmt. $23
$558
$889
$331
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
2012 Margin Forecast: Corn following Soybeans
Labor $30
Machinery $101
Crop Inputs $373
Crop Value $945 = 180 bu/A X $5.25/bu
Direct Pmt. $23
$504
$968
$464
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Soybeans - Return to Land & Management Trends
* - Estimated
$343
$257
$203
$337 $333
Source: ISU Ext. Econ. Costs, Iowa Yields, & WASDE Nat’l Prices, Dec. 2011
2012 Margin Forecast: Soybeans following Corn
Labor $29
Machinery $80
Crop Inputs $181
Crop Value $550 = 50 bu/A X $11/bu
Direct Pmt. $23
$290
$573
$283
Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Iowa Land Value & Cash Rental Rate Trends
Source: Duffy & Edwards ISU Extension Economics, Dec 2011
