Agronomy: Average Cost of Production: $4.23 Corn, $10.96 Soybeans

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Agronomy: Average Cost of Production: $4.23 Corn, $10.96 Soybeans

Published On: January 30, 2015|By Susan Winsor|Categories: Business Operations, Farm Management|

How do your production costs look for the year ahead? Iowa State University just released its 2015 crop-production estimates, and I hope your figures look better than these guidelines. That won’t be easy, I’m afraid, but then actual costs can vary greatly.

Based on $273/acre rent, they’re talking $4.23 per bushel to produce corn and $10.96 soybeans. Wow!

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Susan Winsor is a write with Corn & Soybean Digest.

This article originally appeared in Corn & Soybean Digest and has been reposted with permission.

About the Author: Susan Winsor

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