How much does it cost to produce 1 acre of corn?

How much does it cost to produce 1 acre of corn?

In the corn divisions, depending upon year, the average maximum and minimum cost per acre is $215 to $260 in the cash grain division, and $187 to $234 in the dairy and livestock division (Table 1).

How much does it cost to plant an acre of corn in 2020?

By 2020, those costs had dropped down to $372 per acre.

What is the breakeven price on corn?

For average productivity soil, earnings per acre range from -$43 per acre for the lowest cost structure to -$194 per acre for the highest cost structure. The breakeven corn price ranges from $3.96 to $4.88, or $0.92 per bushel.

How much does it cost to run a corn farm?

To plant, fertilize, and spray 750 acres of beans and 750 acres of corn right now will cost you about $140 an acre for beans and $290 an acre for corn – $322,500 in total. To survive for six months until harvest will cost at least $25,000.

How much money do farmers make per acre of corn?

Corn in 2019 For 2019, crop revenue for corn is projected at $738 per acre based on a 208 bushel per acre yield and a $3.55 per bushel price.

How much is an acre of corn worth 2021?

Given this price and yield forecast, gross revenue is forecast at $1,247 per acre. At this point, other revenue is projected to be $0 per acre. The $1,237 gross revenue for corn in 2021 will be the highest on record if it occurs.

How much does a farmer make off an acre of corn?

Is corn a profitable crop?

This magisterial work, simple but packed with understandable charts, is where I found their projection that corn is likely to be the most profitable large acreage crop in 2020, followed by oats. Corn grosses a lot of revenue. Oats produce little.

What’s the most profitable crop?

Most Profitable Crops

• Sorghum.
• Saffron.
• Cherry Tomatoes.
• Goji Berries.
• Hostas.
• Arborvitae.
• Shiitake Mushrooms. Shiitakes and other gourmet mushrooms are very popular in a variety of dishes, particularly at trendy restaurants and specialty food stores.
• Bonsai Plants. Bonsai trees are usually sold as small, potted plants.