Soybeans cost per acre
WebAfter soybean oil is removed in processing, the remaining flakes are processed into food products or protein meal for animal feed. Soybean meal is an important protein source for livestock and poultry. Farmers plant about 1.3 to 1.5 million acres of soybeans in Michigan. The average price per bushel is about $6.00 to $6.50. Web8. jún 2024 · Variable costs for 2024 Ohio soybeans are projected to range from $311 to $360 per acre. Variable costs for trend-line soybeans (56.5 bpa) are expected to increase 40% in 2024 compared to 2024. Wheat variable expenses for 2024 are projected to range from $249 to $321 per acre. The trend line wheat yield (74 bpa) scenario included in the …
Soybeans cost per acre
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WebPosted on February 19, 2024 by vanessa.corriher. 2024-herbicide-and-insecticide-cost-per-acre-spreadsheet. Use the link above to download the Excel spreadsheet. Please read the directions on the first tab completely before using the spreadsheet. Always read pesticide labels. Bookmark the permalink. WebIn central and northwestern Minnesota, it appears that soybeans require harvest stands of 125,000 to 150,000 plants per acre to maximize yields. This is likely due to shorter-statured soybeans with fewer total nodes, which are often produced in these regions. Thus, central and northwestern Minnesota require increased seeding rates.
Web3. aug 2016 · Next, an estimate of the crop cost needs to be figured in. Let’s be optimistic and say $3.50 for corn and $10 for soybeans. This means on corn, the farmer will need at least a 4.3 to 8.6 bushel-per-acre yield response from the fungicide to break even and a 1.5 to 3 bushel-per-acre response to break even on soybeans. Finally, let’s analyze ... WebRates/Stand Density - The target plant density for solid seeding soybean is 180,000-230,000 plants per acre or four to five plants per square foot (44 to 57 plants per square metre). This equates to a seeding rate of approximately 70 to 147 …
WebCommodity Planted All Purpose Acres Harvested Acres Yield Production Price per Unit Value of Production in Dollars; SOYBEANS: SOYBEANS: 1,650,000: 1,620,000 WebSoybean seed costs are about 40% of the variable costs in soybean production, and optimizing seeding rate will help to produce high yields without overspending on variable costs. But determining the optimum seeding rate can be a challenge. From my observations in the county, seeding rates can range from approximately 100,000 seeds per acre to …
Web23. apr 2024 · By dropping seeding rates, you can expect to increase profits by reducing seed costs. For example, if seeding rates are dropped by 40,000 seeds/acre, that will result in a savings of between $10.66 to $18.57 per acre based on average seed bag costs of between $40-65 per bag.
Web29. nov 2024 · The cost of 1 acre soybean farming – Rs. 14, 610. Extra 10% of the total cost – Rs.1, 461. The total cost of 1 acre soybean farming – Rs.16, 071. The total cost incurred … hot work and fire watchWeb24. jan 2024 · However, the 100,000 to 120,000 ppa range is a good overall range for which to strive. As with corn, though, stand counts for soybeans are essential, he says. Stand … linkedin cindy collins apeironWebIn 2024, Nebraska irrigated and rainfed soybean yields averaged 67.5 bu/ac and 55.1 bu/ac, respectively. The US average soybean yield was 49.1 bu/ac. Nebraska irrigated soybean yields are increasing at a rate of 0.678 bu/ac per year, which is about two-thirds of a bushel per acre per year. Nebraska rainfed soybean yields are also increasing, but at a slower … linkedin cindy albarranWebA farmer has 1,090 acres of land on which he grows corn, wheat, and soybeans. It costs $45 per acre to grow corn, $60 to grow wheat, and $50 to grow soybeans. Because of market demand the farmer will grow twice as many acres of wheat as of corn. He has allocated $57,500 for the cost of growing his crops. How many acres of each crop should he plant? linkedin cindy boxmaWeb31. mar 2024 · Costs for an efficient Western Kentucky farm are estimated in Table 1 on soil that averages 175 bushels of corn and 54 bushels of soybeans per acre. Machinery and labor costs include depreciation and overhead costs, as well as an opportunity cost for operator labor. Fuel costs are based on $4.25/gallon diesel and 25-mile one-way trucking … hot work area requirementsWeb4. feb 2024 · Total corn and soybean production costs (using last year’s cash rent average to measure land costs and excluding storage) would average $800 and $575 per acre in 2024, respectively, showing 19 and 15% increases from 2024 levels (Figure 1). Figure 1: Iowa Input Cost Projections per Acre for 2024, Average Productivity Farmland hot work area auditWeb23. feb 2024 · Variable costs for 2024 Ohio soybeans are projected to range from $216 to $242 per acre. Wheat variable expenses for 2024 are projected to range from $166 to $198 per acre. Returns (excluding government payments) will likely be higher for many producers depending on price movement throughout the rest of the growing year. linkedin christina armstrong