Profit per acre soybeans
Webb15 juni 2024 · The soybean price of $8.20 is only 20¢ under the soybean reference price of $8.40. For corn, Johnson estimates a PLC payment of $65 an acre. The rest of expected federal payments will be from CFAP, at about $30 an acre. Soybeans could trigger a $10-per-acre PLC or ARC-CO payment and CFAP would bring another $12 an acre. Webb26 jan. 2024 · For 2024, the projected soybean yield is 72 bushels per acre, the soybean price is $11.20 per bushel, giving crop revenue of $806 per acre. The $11.20 price is …
Profit per acre soybeans
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Webb3 aug. 2015 · Then we looked at the budgets and realized there wasn’t much to say if we were going to focus on differences from 2015. The 2016 cost of production estimates for corn, soybeans, and wheat show costs nearly the same as those forecast for 2015. To be specific the budgeted costs range from $8.48 (corn) to $5.00 per acre (wheat) higher … Webb10 mars 2024 · Growing Yellow Field Peas. We chose to grow yellow field peas on our farm for the past three years to diversify our typical corn-soybean rotation and as a “defensive” crop. While yellow field peas are not overly profitable, the agronomic benefits for subsequent crops carry significant value. This is especially true on non-irrigated acres ...
Webb8 okt. 2024 · Illinois soybeans averaged $639 cost of production per acre, for a value of $8.99 to $10.64 per bushel. That year the average was 51.6 bushels an acre, with a potential income of $464 to $549 an acre. Other crops aren’t much more cheerful looking. Webb14 mars 2024 · Receipts from corn and soybeans accounted for $121.2 billion (50.3 percent) of the total. Cattle/calf receipts comprised the largest portion of U.S. animal/animal product receipts in 2024 Cash receipts for …
Webb11 nov. 2024 · These three crops composed 87% of Ohio harvested crop acres in the 2024 Census of US Agriculture. ... It spans 47 years that include periods of prosperity, financial stress, and tight profit margins. ... Ohio linear soybean trend yield is +0.48 bushel per year over 1972-2024, ... WebbVariable costs for corn in Ohio for 2024 are projected to range from $359 to $452 per acre depending on land productivity. Variable costs for 2024 Ohio soybeans are projected to range from $201 to $223 per acre. Wheat variable expenses for 2024 are projected to range from $162 to $198 per acre. Returns will likely be low to negative for many ...
WebbGenetics are improving soybean yields by about one-third bushel per acre per year. If you are using, for example, a 12-year-old variety, you are probably averaging about 4 bushels less per acre than you could get with the best new varieties on the market. However, not all new varieties are better than the older, standard varieties.
Webb5 juni 2024 · The net return to land for the organic rotation was $268 per acre, or approximately $110 and $120 higher than that of the conventional corn/soybean and conventional corn/soybean/wheat rotations. Sensitivity Analysis for Crop Prices and Yields cryotech gamingWebbThe profit per acre in corn production is $330 and in soybeans is $315. A total of 240 hr of labor is available. Each acre of corn requires 2 hr of labor, whereas each acre of soybean requires 1 hr of labor. How should the land be divided between corn and soybeans in order to yield the maximum profit? What is the maximum profit? cryotech systems ltdRevenue and costs for 2024 and 2024 are projected for corn and soybean production in central Illinois on high-productivity farmland. These projections then are compared to historical values from farms enrolled in Illinois … Visa mer Farmer returns from 2024 through 2024 in Table 1 are placed in a longer context in Figure 1, which shows farmer returns from 2000 through the 2024 projections. Several items to note. … Visa mer The bottom part of Table 1 lists the sum of farmer aid from CFAP and MFP programs, with likely other Federal aid of $80 per acre associated with the 2024 crop. This “ad hoc Federal aid” is outside the legislated farm safety … Visa mer cryotech stockWebb10 sep. 2024 · Soybean estimates for the new crop marketing year are expected to be close to the largest supply on record, with the June 30 acreage report estimating 83.8 million acres of soybeans will be planted and 83 million acres will be harvested at an estimated yield of 53.3 bushels per acre. For 2024, soybean production is estimated to … cryotech thawing protocolWebb6 juli 2024 · 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 Russia (23.1 bushels per acre) to 3.89 metric tons per hectare for the typical farm in Argentina (57.9 bushels per acre). cryotech usaWebb12 aug. 2024 · USDA released its August Crop Production report on Aug. 12 and the survey-based report has farmers indicating corn yields will reach 175.4 bushels per acre and soybean yields at a record 51.9 bushels per acre in 2024. This is despite extreme heat and sporadic rainfall throughout the countryside. The report provides the most recent update … cryo tech propylene glycolWebbAt 180 bushels per acre, it is $3.58 per bushel. At 160 bushels per acre, it is $4.03. The 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 $194.55 per acre for irrigated corn. cryotech val-d\\u0027or