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South Central Iowa | Sure!
Corn per acre:
Seed 30K - $68
NH3 170# - $42
Dry 12-60-60 - $45
Chemical (at cost) - $31
Spraying - $2
NH3 App - $3
Planting - $5
Combine - $15
Truck - $8
Insure - $15
Interest - $7
Term Machinery - $22
Total At Cost - $263
Land Payments -$143
Total - $396
Yield - 180
Per - $2.20
Seed is Pioneer 1197, 1555, Myco 788, 789, and Champion and Robinson hybrid, they all come to average about $180, little more for Pioneer, little less for the Indies. The machinery listings are variable expense average, fuel and repairs. Our machinery is paid for 10 and 20 series tractors, a 16 row box fill, and 10yr old 16/31 CCS. We owe on a 8360r and an S670. Going to get rid of the 8360 and get something we own. Those two are under machinery term. Sprayer is a separate business and I make money on it and pay for facilities and living with it. We do not app Dry, but do everything else. I have half of my NH3 in tank at $360 per ton. Think I can average $400 for the upcoming year.
Land is renting for $130-230 here depending on quality. Mine is pretty average. This is somewhat dependent on cattle. I subtract our cattle earnings off of the payment to arrive at the $143. We own pasture and crop and the cow herd; no payment on cattle. Assume $1.40 feeder prices for 550#.
Soybeans per acre:
Seed 140K Dicamba - $52
Treatment - $12
Dry 12-60-60 - $45
Chemical (at cost) - $38
Spraying - $2
Planting - $5
Combine - $15
Truck - $3
Insure - $10
Interest - $7
Term Machinery - $22
Total Cost - $211
Land Payments - $143
Total - $354
Yield - 60
Per - $5.90
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Need some help, what are your breakevens for this year
