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

Ag Decision Maker- Iowa State University Extension (January 2020). Specifically, Dr. Plastina indicated that, “The estimated costs of production for continuous corn are $3.81, $3.78, and $3.76 per bushel for expected yields of 164 bushels per acre, 182 bpa, and 200 bpa, respectively.

How much does it cost to produce corn?

Corn returns Across FBFM farms, farmer returns for corn averaged $8 per acre in 2018, with an average yield of 237 bushels per acre, and an average price of $3.60 per bushel. Total non-land costs of $574 per acre include all financial costs of producing 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 do Iowa corn farmers make?

The average accrual net farm income increased by $54,393 (+70%) to $132,339 in 2020, its highest level since 2012. Livestock returns per $100 feed fed declined by 17% to $122 in 2020. The average sale price for corn declined by 6% to $3.44 and the average corn yield declined by 5% to 189 bushels per acre.

What are the costs of corn in Iowa?

The estimated costs of corn, corn silage, soybean, alfalfa and pasture maintenance in this report are based on data from several sources.

Where can I find production costs in Iowa?

They include the annual Iowa Farm Business Association record summaries, production and costs data from the Departments of Economics, Agricultural and Biosystems Engineering, and Agronomy at Iowa State University and a survey of selected agricultural cooperatives and other input suppliers around the state.

How much does it cost to produce one bushel of corn?

Specifically, Dr. Plastina indicated that, “The estimated costs of production for continuous corn are $3.81, $3.78, and $3.76 per bushel for expected yields of 164 bushels per acre, 182 bpa, and 200 bpa, respectively.

When was the Iowa Crop Production survey conducted?

The machine operations assumed are based on the 2000 Crop Production Practices Survey conducted by the Iowa Agricultural Statistics Service and Iowa State University Extension and Outreach publication Estimating the Field Capacity of Farm Machines (AgDM File A3-24).