Production Costs Tuesday, November 22, 2011
Corn RR Soys Conv. Soys Durum W. Spring Wheat SRWW HRWW Oats Barley Canola
Seed $ 71.00 $ 85.00 $ 45.00 $ 70.00 $ 62.00 $ 50.00 $ 55.00 $ 38.00 $ 35.00 $ 40.00
Starter Fert $30.43 $ - $ - $ 38.62 $ 38.62 $ 38.62 $ 38.62 $ 38.62 $ 38.62 $ -
Broadcast Fert $ 57.88 $38.62 $38.62 $ 27.61 $ 27.61 $ 39.44 $ 51.27 $ 19.72 $ 19.72 $82.00
Herbicide $ 38.00 $ 18.00 $ 50.00 $ 6.00 $ 6.00 $ 6.00 $ 6.00 $ 6.00 $ 6.00 $ 20.00
Fungicide/Insecticide $ 8.00 $ - $ - $ 30.00 $ 22.00 $ 21.00 $ 21.00 $ 9.00 $ 9.00 $ 8.00
Combining $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00 $ 45.00
Drying $ 100.00 $ - $ - $ 12.00 $ 12.00 $ - $ - $ - $ - $ -
Planting $ 16.00 $ 20.00 $ 20.00 $ 20.00 $ 20.00 $ 20.00 $ 20.00 $ 16.00 $ 16.00 $ 16.00
Primary Tillage $ 20.00 $ - $ - $ - $ - $ - $ - $ 20.00 $ 20.00 $ 20.00
Cultivating $ 30.00 $ - $ - $ - $ - $ - $ - $ 30.00 $ 30.00 $ 30.00
Trucking $ 20.00 $ 8.00 $ 8.00 $ 12.00 $ 12.00 $ 15.00 $ 15.00 $ 12.00 $ 12.00 $ 8.00
Inoculant $ 3.00 $ 3.00
Spraying $ 11.00 $ 16.00 $ 11.00 $ 22.00 $ 22.00 $ 22.00 $ 22.00 $ 11.00 $ 11.00 $ 22.00
Total $ 447.31 $ 233.62 $ 220.62 $ 283.23 $ 267.23 $ 257.06 $ 273.89 $ 245.34 $ 242.34 $ 291.00
Land $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00 $ 140.00
Crop Insurance $ 10.00 $ 10.00 $ 10.00 $ 12.00 $ 10.00 $ 10.00 $ 10.00 $ 10.00 $ 10.00 $ 10.00
Total including land $ 597.31 $ 383.62 $ 370.62 $ 435.23 $ 417.23 $ 407.06 $ 423.89 $ 395.34 $ 392.34 $ 441.00
Grain Price $ 3.98 $ 8.94 $ 10.19 $ 240.30 $ 194.37 $ 161.12 $ 179.50 $ 160.00 $ 140.00 $ 384.00
Yield 140 42 42 1.75 1.75 2.2 2.2 1.6 1.8 1.2
Straw $ 50.00 $ 50.00 $ 50.00 $ 50.00 $ 50.00 $ 50.00 $ -
Revenue $ 557.20 $ 375.48 $ 427.98 $ 470.53 $ 390.15 $ 404.46 $ 444.90 $ 306.00 $ 302.00 $ 460.80
Need $/Tonne or Bu $ 4.27 $ 9.13 $ 8.82 $ 198.70 $ 188.41 $ 135.03 $ 142.68 $ 197.09 $ 167.97 $ 367.50
Profit/Loss / Tonne or Bu $ (0.29) $ (0.19) $ 1.37 $ 41.60 $ 5.96 $ 26.09 $ 36.82 $ (37.09) $ (27.97) $ 16.50
Profit/Loss/ac $ (40.11) $ (8.14) $ 57.36 $ 72.80 $ 10.42 $ 57.41 $ 81.01 $ (59.34) $ (50.34) $ 19.80
Yield In Bushels 64.295 64.295 80.828 80.828 103.712 82.656 52.896
WHEAT WITH PROTEIN $ 41.92 $ 114.01
Fertilizer PRICES -- Change as Needed
Urea 400
MAP 445
Potash 500
Canola $82.00
Corn Starter $30.43
Corn Broadcast $57.88
Soys Broadcast $38.62
N lbs.
Wheat starter $38.62
HRWW Broadcast $51.27 130
SRWW Broadcast $39.44 100
Spring W Broadcast $27.61 70
Barley Broadcast $19.72
Oats Broadcast $19.72
Urea Soys Corn (Broad) Corn Starter
$22.73 $43.38 $20.23
$0.39 $15.89 $14.49 $10.20
$38.62 $57.88 $30.43