WebApr 11, 2024 · For a 1,500-acre farm, that margin would result in $112,500 of net farm income from grain operations. For the ten years from 2012 to 2024, net income on Illinois grain farms averaged $160,000 per farm (farmdoc daily, November 15, 2024). Total cost plus a $75 margin equals $1,303 per acre for corn and $977 for soybeans (see Figure 1). … WebAug 8, 2024 · The average corn profit since 1968 has been $0.05/bu, however in the last 5 years the cost to price margin was, on average, -$0.05/bu, if this average is extended to 10 years the average corn profit per bushel is $0.49/bu. The increase between the five and ten-year averages is because the very high prices of the drought years (2011-2013) are ...
Risks for 2024 Grain Farm Returns - farmdoc daily
WebNov 14, 2024 · The calculations in Table 2 are best estimates taking into account current price offers and a Nebraska Extension survey of crop production costs. Projected returns range from $13.50 per acre for dryland corn to $194.55 per acre for irrigated corn. But, what if 2024 harvest prices end up nearer 2024 harvest prices? WebFeb 26, 2024 · The 2024 projected yield at 55 bushels per acre is down from the 74 bushels per acre yield recorded in 2024. MFP revenue for soybeans in 2024 was $82 per acre, down by $40 per acre from the 2024 level of $122 per acre. Farmer returns for 2024 is projected at a negative $52 per acre, an additional $20 loss from the negative $32 level in 2024. dance party to end alzheimers
2024 Nebraska Crop Income Projections CropWatch University …
WebThe profit at the budgeted price ($1.80 per bushel) and yield (150 bushels per acre) is at … WebDec 9, 2024 · Primarily due to higher herbicide cost, variable cost per acre in 2024 is … WebAug 13, 2024 · For 2024, operator and land returns for a 50% corn 50% soybeans rotation … bird washington dc scooter