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1. ag.purdue.edu › commercialag › home2023 Purdue Crop Cost and Return Guide - Purdue Ag Econ Report

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   Jan 10, 2023 · Variable cost per bushel in 2023 is estimated to be $4.02. Fixed cost (overhead cost) per acre is projected to be $387, which is higher than the previous peak of $375 in 2015. The breakeven price needed to cover variable and fixed costs varied from $4.89 to $4.98 per bushel from 2013 to 2015. In 2016 and 2017, the breakeven price declined to ...

2. downloads.usda.library.cornell.edu › usda-esmisCrop Values 2023 Summary 02/26/2024 - Cornell University

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   1 United States average prices per unit computed by weighting State prices by estimated sales. 2 Equivalent packinghouse-door returns for all citrus sales. Prices and values in column headed 2021 are 2020-2021 crop; 2022 are 2021-2022 crop; 2023 are 2022-2023 crop. 3 Preliminary for 2023.

3. downloads.usda.library.cornell.edu › usda-esmisCrop Production 2023 Summary 01/12/2024 - Cornell University

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   The average yield for all United States rice was estimated at 7,649 pounds per acre, up 264 pounds from the 2022 average yield of 7,385 pounds per acre. Soybean production in 2023 totaled 4.16 billion bushels, down 2 percent from 2022.

4. ag.purdue.edu › 2023 › 032023 Crop Cost and Return Guide - Center for Commercial ...

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   Mar 24, 2023 · The average price of top-quality farmland reached $14,392 per acre, a 4.8% increase from June 2023. Average and poor-quality farmland also saw gains, with prices increasing 3.7% and 4.4% to $11,630 and $9,071 per acre, respectively. READ MORE

5. agecoext.tamu.edu › wp-content › uploads2023 Estimated Costs and Returns per Acre - agecoext.tamu.edu

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   Management Fee, Owner/Operator Labor 1 Acre $17.10 $17.10 $8,550.00 UCB - Land Charge 1 Acre $85.00 $85.00 $42,500.00 Total Fixed Costs $138.70 $69,348.07 Total Specified Costs $358.41 $179,204.65 Returns Above Specified Costs ($16.41) ($8,204.65) Breakeven Price to Cover Total Costs $7.96 Bushel Developed by Extension Economists, Texas A&M ...

6. www.ers.usda.gov › webdocs › outlooksEconomic Research Service | Situation and Outlook Report

   www.ers.usda.gov › webdocs › outlooks

   Mar 10, 2023 · The 2022/23 projected season-average farm price for corn is $6.70 per bushel (the highest since 2012/13) and $6.90 per bushel for sorghum (the highest since at least 1950/51). The projected season-average farm prices for all barley (of $7.30 per bushel) and for oats (of $4.85 per bushel) are the

7. People also ask

   How much does a bushel cost per acre in 2023?

   • Variable cost per bushel in 2023 is estimated to be $4.02. Fixed cost (overhead cost) per acre is projected to be $387, which is higher than the previous peak of $375 in 2015. The breakeven price needed to cover variable and fixed costs varied from $4.89 to $4.98 per bushel from 2013 to 2015.

   2023 Purdue Crop Cost and Return Guide - Purdue Ag Econ Report

   ag.purdue.edu/commercialag/home/paer-article/2023-purdue-crop-cost-and-return-guide/

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   How are crop budget estimates calculated for 2023?

   • Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Breakeven prices to cover variable and total cost are computed for each crop. The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2023 crop budget estimations for 2023.

   2023 Crop Cost & Return Guide - Purdue University

   ag.purdue.edu/commercialag/home/resource/2023/03/crop-cost-and-return-guide/

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   How much will corn cost per acre in 2023?

   • Cash rent per acre in 2023 is expected to be $255 per acre ($1.39 per bushel) or $26 per acre higher than the most recent peak in 2014. Herbicide and seed costs are expected to be similar to 2022 levels. Figure 2. Variable Cost, Overhead Cost, and Gross Revenue per Acre Rotation Corn in Indiana

   2023 Purdue Crop Cost and Return Guide - Purdue Ag Econ Report

   ag.purdue.edu/commercialag/home/paer-article/2023-purdue-crop-cost-and-return-guide/

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   How much rice is produced per acre in 2023?

   • The average yield for all United States rice was estimated at 7,649 pounds per acre, up 264 pounds from the 2022 average yield of 7,385 pounds per acre. Soybean production in 2023 totaled 4.16 billion bushels, down 2 percent from 2022. The average yield per acre was estimated at 50.6 bushels, up 1.0 bushel from 2022.

   Crop Production 2023 Summary 01/12/2024 - Cornell University

   downloads.usda.library.cornell.edu/usda-esmis/files/k3569432s/ns065v292/tm70ph00b/cropan24.pdf

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   How much does fertilizer cost per acre in 2023?

   • Compared to the previous peak in 2013, fertilizer costs per acre are up $141 per acre ($0.67 per bushel). Cash rent per acre in 2023 is expected to be $255 per acre ($1.39 per bushel) or $26 per acre higher than the most recent peak in 2014. Herbicide and seed costs are expected to be similar to 2022 levels. Figure 2.

   2023 Purdue Crop Cost and Return Guide - Purdue Ag Econ Report

   ag.purdue.edu/commercialag/home/paer-article/2023-purdue-crop-cost-and-return-guide/

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   How much hay is produced per acre in 2023?

   • The average yield for 2023 was estimated at 34.2 bushels per acre, up 15.6 bushels from the 2022 yield of 18.6 bushels per acre. All hay: Production of all dry hay for 2023 was estimated at 119 million tons, up 6 percent from the 2022 total.

   Crop Production 2023 Summary 01/12/2024 - Cornell University

   downloads.usda.library.cornell.edu/usda-esmis/files/k3569432s/ns065v292/tm70ph00b/cropan24.pdf

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8. agecoext.tamu.edu › wp-content › uploads2023 Estimated Costs and Returns per Acre - agecoext.tamu.edu

   agecoext.tamu.edu › wp-content › uploads

   Management Fee, Owner/Operator Labor 1 Acre $14.44 $14.44 $7,218.75 LCB - Land Charge 1 Acre $70.00 $70.00 $35,000.00 Total Fixed Costs $118.71 $59,357.05 Total Specified Costs $300.63 $150,316.80 Returns Above Specified Costs ($11.88) ($5,941.80) Breakeven Price to Cover Total Costs $8.59 Bushel Developed by Extension Economists, Texas A&M ...