Income per acre of corn
WebDollars per acre Your estimate Income Other income 0.00 Total income Operating costs Seed 116.25 Fertilizer and soil amendments 243.95 ... Yield, bushels 170 Corn market price, per bushel 5.90 Nitrogen rate, pounds 170 Nitrogen, per pound N 0.80 Phosphorus rate, pounds P 2O 5 77 Phosphorus, per pound P 2O 5 0.71 WebApr 11, 2024 · For a 1,500-acre farm, that margin would result in $112,500 of net farm income from grain operations. For the ten years from 2012 to 2024, net income on Illinois grain farms averaged $160,000 per farm (farmdoc daily, November 15, 2024). Total cost plus a $75 margin equals $1,303 per acre for corn and $977 for soybeans (see Figure 1). …
Income per acre of corn
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WebCommodity Planted All Purpose Acres Harvested Acres Yield Production Price per Unit Value of Production in Dollars; ORANGES: ORANGES: 317,100: 129 BOXES / ACRE WebJun 27, 2024 · The quality of the land certainly affects those numbers. For this article, let’s assume 150-plus corn bushel-per-acre land for about $7,500 an acre. If you bought 500 acres as a base of operations, the total land cost would be …
WebFor example, assume the average rental rates in your county are $1.20 per bushel for corn and $4.15 per bushel for soybean, based on the latest survey information. If your farm has … WebBy increasing crop yields we can reduce the amount of land we use for agriculture. Crop yields might seem far from being one of the world’s largest problems. But, if yields and labor productivity do not increase it will have far-reaching consequences for global poverty, and protection of the environment. For people and planet, it’s one of ...
WebApr 5, 2024 · Brown says using 2024 numbers, it costs about $400 an acre to plant corn on ground that may yield 150 bushels per acre. At a price of $3.50 per bushel for corn, he says that amounts to a profit of $129 per acre if there are no costs associated with the land. He says it costs about $297 per acre to seed and prepare hay ground. WebApr 10, 2024 · The rye was planted into corn stalks using 40-45 pounds per acre of seed on October 13, 2024. Most of the rye in the field is about 4 inches tall, with a few patches 6-7 inches tall. But cereal rye is a cool-season crop, and it will grow rapidly with warmer temperatures this week.
WebMar 14, 2024 · Gross farm income reflects the total value of agricultural output plus Government farm program payments. Net farm income (NFI) reflects income after expenses from production in the current year and is calculated by subtracting farm production … U.S. agricultural production relies heavily on the Nation’s land, water, and other na… U.S. sector gross cash farm income (GCFI) is measured as annual income before …
WebNov 2, 2024 · U.S. farmland values remained high in 2024, averaging $3,160 per acre, a small decrease of 0.8 percent compared with 2024. At the same time, farm income was forecast to increase nationwide in 2024 (see Farm Income and Wealth Statistics for details). This, combined with historically low interest rates, contributes to the ability of the farm ... health and wellbeing gamesWebOct 1, 2024 · More than 200 counties across the Corn Belt had county average rental rates above $200 per acre, with the highest rental rate, $297 per acre, in Moultrie County, Illinois. Figure 2 highlights 2024 county average rental rates for non-irrigated cropland. The national average rental rate for irrigated cropland in 2024 was $220 per acre. health and wellbeing games onlineWebThe most profitable farm made $275 per acre while the least profitable lost $222 per acre from planted corn. Projected returns range from $13.50 per acre for dryland corn to … health and wellbeing govWebNov 15, 2024 · For a 1,500-acre farm, that margin would result in $112,500 of net farm income from grain operations. For the ten years from 2012 to 2024, net income on Illinois grain farms averaged $160,000 per farm (farmdoc daily, November 15, 2024). Total cost plus a $75 margin equals $1,303 per acre for corn and $977 for soybeans (see Figure 1). … golf lease carsWebIt shows (in the body of the table) the yield (in bushels per acre) required for income and costs to be equal — for the corn enterprise to have zero profit – to break-even; as the price … health and wellbeing gov ukWebJun 15, 2024 · This early in the season, Johnson’s estimates are estimates, of course. For corn, he used an estimated yield of 198 bushels and a price of $3.20 per bushel. For … golf leasingWebJul 25, 2024 · The Technology Trend – many types of technology are improving yields for both soybeans and corn. The result is an increase in how much corn crop per acre can be produced on a piece of farmland. The charts below show corn and soybean yields from 1986 to 2024 as reported by the USDA. The general upward slope of the line is the technology … golf lease offers