Estimated Revenue and Cost of Production
Corn
Spring Wheat
$ Acre Unless Noted
2006
2007
2008
2006
2007
2008
Expected Yield (Bu/Acre)
Market Price ($/Bu)
Loan Deficiency Payment ($/Bu)
Revenue
-
-
-
-
-
-
Variable Machinery (Fuel, Oil & Repair)
Diesel Fuel Cost ($/Gallon)
Seed
Herbicide/Insecticides/Fungicides
Fertilizer
-
-
-
-
-
-
Fertilizer ($/Bu)
-
-
-
-
-
-
Fertilizer Percent of Variable Cost
-
-
-
-
-
-
Nitrogen (lbs N)
lbs N from Urea
-
-
-
-
-
-
lbs N from MAP
-
-
-
-
-
-
Phosphate (lbs P2O5 from MAP)
Potash (lbs K2O from MOP)
Urea
-
-
-
-
-
-
Tons per Acre
-
-
-
-
-
-
Price per ton
Monoammonium Phosphate (MAP)
-
-
-
-
-
-
Tons per Acre
-
-
-
-
-
-
Price per ton
Muriate of Potash (MOP)
-
-
-
-
-
-
Tons per Acre
-
-
-
-
-
-
Price per ton
Grain Drying
LP Gas Cost ($/Gallon)
Other Variable/Direct Costs
Variable/Direct Cost
-
-
-
-
-
-
Variable/Direct Cost ($/Bu)
-
-
-
-
-
-
Revenue After Variable/Direct Cost
-
-
-
-
-
-
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