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11/22/2011
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Corn following Soybeans

Ag Decision Maker -- Iowa State University Extension

Crop Production Cost Budgets has more information on the cost and returns for growing a corn crop after

a previous crop of soybeans.



Place the cursor over cells with red triangles to read comments.

Enter your input values in shaded cells.



Field Name Expected Yield 180 bu./acre

Example Acres 500



Cost per Acre Total Cost

Preharvest machinery Fixed Variable Total All Acres

Tandem disk $3.50 $2.90 $6.40 $3,200

Apply nitrogen $4.50 $4.90 $9.40 $4,700

Field cultivate $2.40 $2.70 $5.10 $2,550

Plant $5.70 $4.90 $10.60 $5,300

Spray $1.70 $1.50 $3.20 $1,600

Custom hire $0.00 $0.00 $0.00 $0

Other $0.00 $0.00 $0.00 $0

Other $0.00 $0.00 $0.00 $0

Total per acre $17.80 $16.90 $34.70 $17,350

Total all acres $8,900 $8,450 $17,350 ----



Seed, chemicals, etc.

Seed ---- $97.50 $97.50 $48,750

cost per 1000 kernels $3.25

kernels per acre 30,000

Nitrogen ---- $64.77 $64.77 $32,385

price per pound $0.51

pounds per acre 127

Phosphate ---- $40.12 $40.12 $20,060

price per pound $0.59

pounds per acre 68

Potash ---- $25.38 $25.38 $12,690

price per pound $0.47

pounds per acre 54

Lime (annual cost) ---- $9.67 $9.67 $4,835

Herbicide ---- $25.00 $25.00 $12,500

Crop insurance ---- $16.50 $16.50 $8,250

Miscellaneous ---- $9.00 $9.00 $4,500

Interest on preharvest variable costs ---- $12.19 $12.19 $6,097

length of period (months) 8

interest rate 6.0%

Total ---- $300.13 $300.13 $150,067



Harvest machinery

Combine $17.60 $9.90 $27.50 $13,750

Grain Cart $5.70 $3.00 $8.70 $4,350

Haul $7.20 $6.30 $13.50 $6,750

Fixed- price per bushel $0.04

Variable- price per bushel $0.04

Drying $9.00 $51.84 $60.84 $30,420

Fixed- price per bushel $0.05

Variable- price per bushel $0.29

Handling $2.70 $3.60 $6.30 $3,150

Fixed- price per bushel $0.02

Variable- price per bushel $0.02

Custom hire $0.00 $0.00 $0.00 $0

Total per acre $42.20 $74.64 $116.84 $58,420

Total all acres $21,100 $37,320 $58,420 ----



Labor

Operator $30.16 ---- $30.16 $15,080

Hours 2.6

Rate per hour $11.60

Hired ---- $0.00 $0.00 $0

Hours 0

Rate per hour $0.00

Total $30.16 $0.00 $30.16 $15,080



Land

Cash rent equivalent $215.00 ---- $215.00 $107,500



Total fixed, variable and all costs

Per acre $305.16 $391.67 $696.83 $348,417

Per bushel $1.70 $2.18 $3.87 ----

All acres $152,580 $195,837 $348,417 ----



Return per Acre Over Return

Variable Costs All Costs All Acres

Gross returns

Expected selling price $4.75 ---- $855.00 $427,500

Government payments

Direct payment ---- $0.00 $0

Counter Cyclical pymts. ---- $0.00 $0

Expected LDP rate $0.00 ---- $0.00 $0

Total returns ---- $855.00 $427,500



Net returns $463.33 $158.17 $79,083





Version 1.2

Contact: Ann Johanns

Date Printed:

11/22/2011







. . . and justice for all

The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, gender, religion, age, disability,

political beliefs, sexual orientation, and marital or family status. (Not all prohibited bases apply to all programs.) Many materials can be made available in alternative formats

for ADA clients. To file a complaint of discrimination, write USDA, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington, DC

20250-9410 or call 202-720-5964.

Issued in furtherance of Cooperative Extension work, Acts of May 8 and June 30, 1914, in cooperation with the U.S. Department of Agriculture. Gerald A. Miller, interim

director, Cooperative Extension Service, Iowa State University of Science and Technology, Ames, Iowa.

Corn following Soybeans

Ag Decision Maker -- Iowa State University Extension

Crop Production Cost Budgets has more information on the cost and returns for growing a corn crop after

a previous crop of soybeans.



Place the cursor over cells with red triangles to read comments.

Enter your input values in shaded cells.



Field Name Expected Yield bu./acre

Example Acres



Cost per Acre Total Cost

Preharvest machinery Fixed Variable Total All Acres

Tandem disk $0.00 $0

Apply nitrogen $0.00 $0

Field cultivate $0.00 $0

Plant $0.00 $0

Spray $0.00 $0

Custom hire $0.00 $0

Other $0.00 $0

Other $0.00 $0

Total per acre $0.00 $0.00 $0.00 $0

Total all acres $0 $0 $0 ----



Seed, chemicals, etc.

Seed ---- $0.00 $0.00 $0

cost per 1000 kernels

kernels per acre

Nitrogen ---- $0.00 $0.00 $0

price per pound

pounds per acre

Phosphate ---- $0.00 $0.00 $0

price per pound

pounds per acre

Potash ---- $0.00 $0.00 $0

price per pound

pounds per acre

Lime (annual cost) ---- $0.00 $0

Herbicide ---- $0.00 $0

Crop insurance ---- $0.00 $0

Miscellaneous ---- $0.00 $0

Interest on preharvest variable costs ---- $0.00 $0.00 $0

length of period (months)

interest rate

Total ---- $0.00 $0.00 $0



Harvest machinery

Combine $0.00 $0

Grain Cart $0.00 $0

Haul $0.00 $0.00 $0.00 $0

Fixed- price per bushel

Variable- price per bushel

Drying $0.00 $0.00 $0.00 $0

Fixed- price per bushel

Variable- price per bushel

Handling $0.00 $0.00 $0.00 $0

Fixed- price per bushel

Variable- price per bushel

Custom hire $0.00 $0

Total per acre $0.00 $0.00 $0.00 $0

Total all acres $0 $0 $0 ----



Labor

Operator $0.00 ---- $0.00 $0

Hours

Rate per hour

Hired ---- $0.00 $0.00 $0

Hours

Rate per hour

Total $0.00 $0.00 $0.00 $0



Land

Cash rent equivalent ---- $0.00 $0



Total fixed, variable and all costs

Per acre $0.00 $0.00 $0.00 $0

Per bushel $0.00 $0.00 $0.00 ----

All acres $0 $0 $0 ----



Return per Acre Over Return

Variable Costs All Costs All Acres

Gross returns

Expected selling price ---- $0.00 $0

Government payments

Direct payment ---- $0

Counter Cyclical pymts. ---- $0

Expected LDP rate ---- $0.00 $0

Total returns ---- $0.00 $0



Net returns $0.00 $0.00 $0





Version 1.2

Contact: Ann Johanns

Date Printed:

11/22/2011







. . . and justice for all

The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, gender, religion, age, disability,

political beliefs, sexual orientation, and marital or family status. (Not all prohibited bases apply to all programs.) Many materials can be made available in alternative formats

for ADA clients. To file a complaint of discrimination, write USDA, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington, DC

20250-9410 or call 202-720-5964.

Issued in furtherance of Cooperative Extension work, Acts of May 8 and June 30, 1914, in cooperation with the U.S. Department of Agriculture. Gerald A. Miller, interim

director, Cooperative Extension Service, Iowa State University of Science and Technology, Ames, Iowa.


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