Delayed Planting & Replanting Evaluator

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							Delayed Planting and Replanting Evaluator
Ag Decision Maker -- Iowa State University Extension
See Ag Decision Maker file A1-57 "Delayed and Prevented Planting Provisions" for more information.
                                                                                                                                                                                                                                                                                                                                                                                         Northern       None, GRP, GRIP
Place the cursor over cells with red triangles to read comments.                                                                                                                                                                                                                                                                                                                         Central        Catastrophic
Enter your input values in shaded cells.                                                                                                                                                                                                                                                                                                                                                 Southern       Yield Protection
                                                                                                                                                                                                                                                                                                                                                                                                        Revenue Prot.
                                                                                      Corn                 Soybeans                                 Corn Already Planted                                                          Corn Not Planted                                        Soybeans Already Planted                            Soybeans Not Planted                                      Rev. Prot. HPE
Expected harvest cash price, $ per bu.                                          $            5.50 $         13.00                       Harvest                                       Switch to                  Prevented                                      Switch to                   Harvest                 Replant                  Prevented
Expected October futures price, $ per bu.                                       $            7.00 $         12.00                      corn as is          Replant Corn               Soybeans                    Planting               Plant Late             Soybeans                   crop as is              Soybeans                   Planting               Plant Late
Normal yield with timely planting, bu / acre                                                   160              50                                                   160                           50                      160                    160                        50                         50                     50                         50                        50
Appraised yield after crop damage, bu / acre                                                    75              40                                  75                75                                                                                                                                40                     40
Estimated plant population, plants / acre                                                  35,000
Northern, Central or Southern Iowa (soybeans only)                                                 Northern
Expected planting or replanting date                                                        25-Jun          25-Jun                                                   25-Jun                  25-Jun                     25-Jun                  25-Jun                 25-Jun                                             25-Jun                    25-Jun                  25-Jun                  1
Expected yield as % of normal                                                                 46%             53%                                                      46%                     53%                                                46%                    53%                                                53%                                               53%                   4       4
Expected yield, bu. / acre                                                                   73.8            26.4                                                     73.8                    26.4                                               73.8                   26.4                                               26.4                                              26.4
Crop insurance
Type of crop insurance (YP, RP, RP-HPE)                                        Revenue Prot.   Revenue Prot.                          Revenue Prot.           Revenue Prot.          Revenue Prot.              Revenue Prot.           Revenue Prot.          Revenue Prot.              Revenue Prot.           Revenue Prot.             Revenue Prot.           Revenue Prot.
APH yield for crop insurance, bu. / acre                                                   140               45                                   140                     140                      45                       140                     140                      45                         45                     45                         45                        45
                                                                                        100%            100%
Indemnity price, $ per bushel                                                  $         7.00 $         13.49                     $             7.00             $      7.00            $     13.49         $             7.00      $             7.00            $     13.49         $           13.49       $           13.49         $            13.49      $           13.49
Yield or revenue guarantee, % elected                                                     80%             80%
Guarantee adjusted for late planting date                                                                                                        80%                     80%                    72%                        48%                     48%                    72%                        80%                     80%                       48%                     72%
Insurance premium paid, $ per acre                                              $           25.00      $            15.00

Added costs of production, $ per acre
Preharvest costs                                                                                                                                         Added costs, only                                                        Added costs, only                                             Added costs, only                                  Added costs, only
Seed (include cover crop for prevented planting)                                                                                                          $       63.00 $                     39.00         $             5.00     $       63.00 $                      39.00                            $                39.00         $            5.00 $                 39.00
Fertilizer
Herbicides                                                                                                                                                            15.00                   16.00                                             15.00                                                                     13.00                                             16.00
Insecticides and fungicides
Fuel and oil, repairs                                                                                                                                                   3.00                    5.00                      2.00                    3.00                                                                      3.00                      2.00                    5.00
Labor                                                                                                                                                                   2.00                    3.00                      2.00                    2.00                                                                      2.00                      2.00                    3.00
Custom hire charges
Crop insurance premium (if second crop soybeans are insured)                                                                                                                     $            12.00
Harvest costs
Fuel and oil, repairs                                                                                                             $           11.00       $           11.00      $              6.00                                $             6.00                                $             6.00      $             6.00                                $             6.00
Custom hire charges
Labor                                          Early Corn    Late Corn                                   Soybeans                             15.00                   15.00                   10.00                                             15.00                                             10.00                   10.00                                             10.00
Drying, handling and hauling cost per bu.     $       0.25 $        0.30                               $       0.05                           18.75                   22.14                    1.32                                             22.14                    1.32                      2.00                    1.32                                              1.32
Total added costs per acre                                                                                                        $           44.75       $          131.14      $            92.32         $             9.00      $          126.14      $            40.32         $           18.00       $           74.32         $             9.00      $           80.32

Expected revenue from cash sales                                                                                                             412.50                  405.99                 342.97                                             405.99                 342.97                     520.00                  342.97                                            342.97
Expected corn insurance payment                                                                                                              259.00                  267.29                 259.00                     470.40                     -                      -
Expected soybean insurance payment                                                                                                                                                             -                                                                         -                          5.64                 169.05                    291.38                  120.49
Expected replant insurance payment                                                                                                                                    48.08                                                                                                                                               40.47
Total expected revenue per acre                                                                                                              671.50                  721.36                 601.97                     470.40                  405.99                 342.97                     525.64                  552.49                    291.38                  463.46
Expected return minus added costs per acre                                                                                        $          626.75       $          590.21      $          509.65          $          461.40       $          279.84      $          302.65          $          507.64       $          478.17         $          282.38       $          383.14



Version 1.4
Author: William Edwards
Date Printed:
9/17/2012

. . . 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 July 30, 1914, in cooperation with the U.S. Department of Agriculture. Cathann A. Kress, director, Cooperative Extension Service, Iowa State University of Science and Technology, Ames, Iowa.




Data for charts.                                                                                                                                Corn Already Planted                                                              Corn Not Planted                                      Soybeans Already Planted                             Soybeans Not Planted
                                                                                              Corn               Soybean          Harvest corn as                    Switch to                                 Prevented                                        Switch to                Harvest        Replant                            Prevented
                                       Planting Date                                          Yield                 Yield               is         Replant Corn      Soybeans                                   Planting                 Plant Late             Soybeans              soybeans as is   Soybeans                             Planting       Plant Late
                                              16-Apr Note: update yr                         160.0                  48.6          $       626.75 $        771.08 $        797.92                            too early               $          728.00      $         590.92           $      507.64 $       597.39                      too early        $       550.92
                                              23-Apr                                         160.0                  49.7          $       626.75 $        771.08 $        811.93                            too early               $          728.00      $         604.93           $      507.64 $       611.40                      too early        $       564.93
                                              30-Apr                                         160.0                  50.0          $       626.75 $        771.08 $        815.50                            too early               $          728.00      $         608.50           $      507.64 $       614.97                      too early        $       568.50
                                               7-May                                         160.0                  49.7          $       626.75 $        771.08 $        811.38                            too early               $          728.00      $         604.38           $      507.64 $       610.85                      too early        $       564.38
                                             14-May                                          160.0                  48.6          $       626.75 $        771.08 $        796.83                            too early               $          728.00      $         589.83           $      507.64 $       596.30                      too early        $       549.83
                                             21-May                                          156.2                  46.7          $       626.75 $        751.14 $        772.77                            too early               $          708.06      $         565.77           $      507.64 $       572.24                      too early        $       525.77
                                             28-May                                          144.0                  44.1          $       626.75 $        687.63 $        739.18                            too early               $          644.55      $         532.18           $      507.64 $       538.65                      too early        $       492.18
                                               4-Jun                                         129.6                  40.8          $       626.75 $        613.05 $        696.08                            $         461.40        $          569.97      $         489.08           $      507.64 $       495.55                      too early        $       449.08
                                              11-Jun                                         113.1                  36.7          $       626.75 $        527.40 $        643.45                            $         461.40        $          484.32      $         436.45           $      507.64 $       487.99                      too early        $       396.45
                                              18-Jun                                          94.5                  31.9          $       626.75 $        552.90 $        581.31                            $         461.40        $          387.62      $         374.31           $      507.64 $       483.43                      $         282.38 $       388.40
                                              25-Jun                                          73.8                  26.4          $       626.75 $        590.21 $        509.65                            $         461.40        $          279.84      $         302.65           $      507.64 $       478.17                      $         282.38 $       383.14
                                                2-Jul                                         51.0                  20.1          $       626.75 $        631.35 $        464.58                            $         461.40        $          274.67      $         230.23           $      507.64 $       472.22                      $         282.38 $       377.18
                                                9-Jul                                         26.0                  13.1          $       626.75 $        676.31 $        457.93                            $         461.40        $          319.63      $         139.53           $      507.64 $       465.56                      $         282.38 $       370.53
            Comparison of Alternatives When Corn                            Comparison of Alternatives When Soybeans
                     Is Already Planted                                               Are Already Planted
 $/acre                                                            $/acre
$900                                                              $700
$800                                                              $600
$700
                                                                  $500
$600
$500                                                              $400
$400                                                              $300
$300                                                              $200
$200
                                                                  $100
$100
  $0                                                                $0




                                            Harvest corn as is                                Replanting Date
                                            Replant Corn
                      Replanting Date                                           Harvest soybeans as is          Replant Soybeans
                                            Switch to Soybeans

          Comparison of Alternatives When Corn Is                           Comparison of Alternatives When Soybeans
                     Not Yet Planted                                                  Are Not Yet Planted
$/acre                                                           $/acre
$800                                                             $600
$700
                                                                 $500
$600
$500                                                             $400

$400                                                             $300
$300                                                             $200
$200
                                                                 $100
$100
 $0                                                                $0



                                            Prevented Planting
                   Planting Date                                                              Planting Date
                                            Plant Late
                                            Switch to Soybeans                     Prevented Planting             Plant Late
Delayed Planting and Replanting Evaluator
Ag Decision Maker -- Iowa State University Extension
See Ag Decision Maker file A1-57 "Delayed and Prevented Planting Provisions" for more information.
                                                                                                                                                                                                                                                                                                                                                                                        Northern       None, GRP, GRIP
Place the cursor over cells with red triangles to read comments.                                                                                                                                                                                                                                                                                                                        Central        Catastrophic
Enter your input values in shaded cells.                                                                                                                                                                                                                                                                                                                                                Southern       Yield Protection
                                                                                                                                                                                                                                                                                                                                                                                                       Revenue Prot.
                                                                                       Corn                   Soybeans                                   Corn Already Planted                                                      Corn Not Planted                                     Soybeans Already Planted                            Soybeans Not Planted                                       Rev. Prot. HPE
Expected harvest cash price, $ per bu.                                                                                                    Harvest                                        Switch to                 Prevented                                    Switch to                Harvest                  Replant                 Prevented
Expected October futures price, $ per bu.                                                                                                corn as is             Replant Corn             Soybeans                   Planting                Plant Late          Soybeans                crop as is               Soybeans                  Planting                Plant Late
Normal yield with timely planting, bu / acre                                                                                                                                     0                       0                          0                      0                  0                          0                       0                         0                        0
Appraised yield after crop damage, bu / acre                                                                                                              0                      0                                                                                                                       0                       0
Estimated plant population, plants / acre
Northern, Central or Southern Iowa (soybeans only)                                                        Northern
Expected planting or replanting date                                                                                                                                      0-Jan                   0-Jan                     0-Jan                   0-Jan              0-Jan                                              0-Jan                    0-Jan                    0-Jan                  1
Expected yield as % of normal                                                                        0%                       0%                                             0%                      0%            too soon for                        0%                 0%                                                 0%           too soon for                         0%                  1       1
Expected yield, bu. / acre                                                                       -                        -                                                -                       -                prevented                        -                  -                                                  -               prevented                         -
Crop insurance                                                                                                                                                                                                       planting                                                                                                               planting
Type of crop insurance (YP, RP, RP-HPE)                                        None, GRP, GRIP None, GRP, GRIP                       None, GRP, GRIP None, GRP, GRIP None, GRP, GRIP                           None, GRP, GRIP None, GRP, GRIPNone, GRP, GRIP None, GRP, GRIP None, GRP, GRIP                                         None, GRP, GRIP None, GRP, GRIP
APH yield for crop insurance, bu. / acre                                                                                                                  0                      0                       0                          0                      0                  0                          0                       0                         0                        0

Indemnity price, $ per bushel                                                   $                -        $               -          $               -             $        -              $        -          $               -        $             -              $ -            $               -        $              -         $               -        $              -
Yield or revenue guarantee, % elected
Guarantee adjusted for late planting date                                                                                                                0%                     0%                      0%                         0%                     0%                 0%                         0%                      0%                        0%                      0%
Insurance premium paid, $ per acre

Added costs of production, $ per acre
Preharvest costs                                                                                                                                              Added costs, only                                                     Added costs, only                                          Added costs, only                                 Added costs, only
Seed (include cover crop for prevented planting)
Fertilizer
Herbicides
Insecticides and fungicides
Fuel and oil, repairs
Labor
Custom hire charges
Crop insurance premium (if second crop soybeans are insured)
Harvest costs
Fuel and oil, repairs
Custom hire charges
Labor                                          Early Corn                           Late Corn                 Soybeans
Drying, handling and hauling cost per bu.                                                                                                            -                      -                       -                                                 -                  -                          -                       -                                                 -
Total added costs per acre                                                                                                           $               -         $            -        $              -          $               -        $             -        $         -          $               -        $              -         $               -        $              -

Expected revenue from cash sales                                                                                                                     -                      -                       -                                                 -                  -                          -                       -                                                 -
Expected corn insurance payment                                                                                                                      -                      -                       -          too early                              -                  -
Expected soybean insurance payment                                                                                                                                                                  -                                                                    -                          -                       -         too early                               -
Expected replant insurance payment                                                                                                                                          -                                                                                                                                               -
Total expected revenue per acre                                                                                                                      -                      -                       -                          -                      -                  -                          -                       -                         -                       -
Expected return minus added costs per acre                                                                                           $               -        $             -        $              -          $               -        $             -        $         -          $               -        $              -         $               -        $              -



Version 1.4
Author: William Edwards
Date Printed:
9/17/2012

. . . 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 July 30, 1914, in cooperation with the U.S. Department of Agriculture. Cathann A. Kress, director, Cooperative Extension Service, Iowa State University of Science and Technology, Ames, Iowa.




Data for charts.                                                                                                                                   Corn Already Planted                                                             Corn Not Planted                                  Soybeans Already Planted                             Soybeans Not Planted
                                                                                                Corn                Soybean          Harvest corn as                    Switch to                                 Prevented                                      Switch to             Harvest        Replant                            Prevented
                                       Planting Date                                            Yield                  Yield               is         Replant Corn      Soybeans                                   Planting                 Plant Late          Soybeans            soybeans as is   Soybeans                             Planting      Plant Late
                                              16-Apr Note: update yr                              0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                              23-Apr                                              0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                              30-Apr                                              0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                               7-May                                              0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                             14-May                                               0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                             21-May                                               0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                             28-May                                               0.0                    0.0         $           -   $           -    $          -                             too early                $            -         $        -           $          -   $          -                       too early      $           -
                                               4-Jun                                              0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       too early      $           -
                                              11-Jun                                              0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       too early      $           -
                                              18-Jun                                              0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       $            - $           -
                                              25-Jun                                              0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       $            - $           -
                                                2-Jul                                             0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       $            - $           -
                                                9-Jul                                             0.0                    0.0         $           -   $           -    $          -                             $            -           $            -         $        -           $          -   $          -                       $            - $           -
            Comparison of Alternatives When Corn                             Comparison of Alternatives When Soybeans
                     Is Already Planted                                                Are Already Planted
 $/acre                                                             $/acre
   $1                                                                 $1
   $1                                                                 $1
   $1                                                                 $1
   $1                                                                 $1
   $1                                                                 $1
   $1                                                                 $1
   $0                                                                 $0
   $0                                                                 $0
   $0                                                                 $0
   $0                                                                 $0
   $0                                                                 $0




                                              Harvest corn as is                              Replanting Date
                                              Replant Corn
                       Replanting Date                                          Harvest soybeans as is          Replant Soybeans
                                              Switch to Soybeans

          Comparison of Alternatives When Corn Is                            Comparison of Alternatives When Soybeans
                     Not Yet Planted                                                   Are Not Yet Planted
$/acre                                                             $/acre
  $1                                                                 $1
  $1                                                                 $1
  $1                                                                 $1
  $1                                                                 $1
  $1                                                                 $1
  $1                                                                 $1
  $0                                                                 $0
  $0                                                                 $0
  $0                                                                 $0
  $0                                                                 $0
  $0                                                                 $0



                                              Prevented Planting
                    Planting Date                                                              Planting Date
                                              Plant Late
                                              Switch to Soybeans                   Prevented Planting             Plant Late
                                   Indemnity Prices
Types of Crop Insurance           Corn        Soybeans
None, GRP, GRIP               $        -    $        -
Catastrophic                  $       3.31 $        7.42
Yield Protection              $       6.01 $       13.49
Revenue Prot.                 $       6.01 $       13.49
Rev. Prot. HPE                $       6.01 $       13.49


RMA Final Planting Date
Corn                        Soybeans
31-May                      15-Jun
Reminder: update the year each year.

Beginning Date for Planting Season
                      1-Apr        1-Apr


Reminder: update the year each year.

                                    Soybean Yield Loss Coefficients
Soybean Zone                          Zone Planting Date Date Squared
Northern                             0.877        0.00864         0.00015
Central                              0.815         0.0105         0.00016
Southern                             0.755         0.0127         0.00016

                             Corn Yield Loss Coefficients
                             Intercept      Planting Date   Date Squared
                                 113.457       0.361429       -0.01357


Reference for estimated corn yields:
http://www.agronext.iastate.edu/corn/cropmodel/yield.php

Reference for soybean replant decisions.
http://www.extension.iastate.edu/Publications/PM1851.pdf

						
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