County Ag News
The decline in grain prices makes it essential for producers to accurately project the potential profitability of the crops they will plant in 2016. Production costs currently are around $500 to $550 per acre for unirrigated corn and up to $700 per acre for irrigated corn. Production costs for soybeans and winter wheat run around $300 to $350 per acre. The cost to seed an acre of alfalfa will tally up to around $600 per acre. These costs include a land charge of $75 per acre.
Enterprise budgets for grain crop production are increasingly important as the market price for grain crops and the cost for inputs to grow these crops continue to increase. While working with area grain producers there was a need expressed for a simple and concise way to compare the potential production costs and returns for various crops.
These spreadsheets enable anyone to easily see the production cost and the poten-tial return for corn, soybeans, winter wheat, seeding alfalfa and established alfalfa. Each spreadsheet is concise enough to print on a standard 8½ x 11 page of paper. How to use instructions are included.