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2012 Cost Estimates: Corn following Corn. Low Yield. Medium Yield. High Yield. $888. $816. $738. Break Even. $5.10 / bu. $4.94 / bu. $4.80 / bu. Source: Duffy, ISU Extension Economics, Dec. 2011. 2012 Cost Estimates: Corn following Soybeans. Low Yield. Medium Yield. High Yield.
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2012 Cost Estimates: Corn following Corn Low Yield Medium Yield High Yield $888 $816 $738 Break Even $5.10 / bu. $4.94 / bu. $4.80 / bu. Source: Duffy, ISU Extension Economics, Dec. 2011
2012 Cost Estimates: Corn following Soybeans Low Yield Medium Yield High Yield $834 $762 $686 Break Even $4.29 / bu. $4.23 / bu. $4.17 / bu. Source: Duffy, ISU Extension Economics, Dec. 2011
2012 Cost Estimates: Soybeans following Corn Low Yield Medium Yield High Yield $592 $546 $498 Break Even $11.07 / bu. $10.92 / bu. $10.77 / bu. Source: Duffy, ISU Extension Economics, Dec. 2011
2012 Margin Estimate: Corn following Corn $889 $816 Labor $33 Machinery $108 Crop Value $866 = 165 bu/A X $5.25/bu Land $258 Inputs $417 $73 Direct Pmt. $23 Average Yield 165 bu/A Cost per bushel $4.94 / bu Source: Duffy & Hart ISU Extension Economics, Dec. 2011
2012 Margin Estimate: Corn following Soybeans $968 $762 Labor $30 Crop Value $945 = 180 bu/A X $5.25/bu Machinery $101 Land $258 $206 Inputs $373 Direct Pmt. $23 Average Yield 180 bu/A Cost per bushel $4.23 / bu Source: Duffy & Hart ISU Extension Economics, Dec. 2011
2012 Margin Estimate: Soybeans following Corn $573 $546 Labor $26 Machinery $81 Crop Value $550 = 50 bu/A X $11/bu Land $258 Inputs $181 $27 Direct Pmt. $23 Average Yield 50 bu/A Cost per bushel $10.92 / bu Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Corn - Return to Land & Management Trends $613 $438 $400 $327 $159 * - Estimated Source: ISU Ext. Econ. Costs, Iowa Yields, & WASDE Nat’l Prices, Dec. 2011
2012 Margin Forecast: Corn following Corn $889 Crop Value $866 = 165 X $5.25/bu $558 Labor $33 Machinery $108 $331 Crop Inputs $417 Direct Pmt. $23 Source: Duffy & Hart ISU Extension Economics, Dec. 2011
2012 Margin Forecast: Corn following Soybeans $968 Crop Value $945 = 180 bu/A X $5.25/bu $504 $464 Labor $30 Machinery $101 Crop Inputs $373 Direct Pmt. $23 Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Soybeans - Return to Land & Management Trends $343 $337 $333 $257 $203 * - Estimated Source: ISU Ext. Econ. Costs, Iowa Yields, & WASDE Nat’l Prices, Dec. 2011
2012 Margin Forecast: Soybeans following Corn $573 Crop Value $550 = 50 bu/A X $11/bu $290 $283 Labor $29 Machinery $80 Crop Inputs $181 Direct Pmt. $23 Source: Duffy & Hart ISU Extension Economics, Dec. 2011
Iowa Land Value & Cash Rental Rate Trends Source: Duffy & Edwards ISU Extension Economics, Dec 2011