Tuesday, November 2, 2010

Input Costs For Corn, Soybeans, Wheat for 2010 & 2011

Here are the USDA's input costs of seed, fertilizer and chemicals per acre for corn, soybeans, and wheat for 2010 compared to the expectation for 2011.

PER ACRE COSTS - - 2010 - - 2011 forecast - - Net Change
CORN:
seed.................................... 75.99............... 77.36 ...................+1.8%
fertilizer............................ 119.72............. 124.26 ...................+3.8%
chemicals........................... 27.44 ............. 28.16 ....................+2.6%
SOYBEANS:
seed ................................... 53.21 ................ 54.17 ..................+1.8%
fertilizer ............................ 21.64 ................ 22.46 ..................+3.8%
chemicals ......................... 16.78 ................. 17.22 ..................+2.6%
WHEAT:
seed .................................... 15.23 ............... 15.51 ....................+1.8%
fertilizer ............................. 55.23 ............... 57.32 ...................+3.8%
chemicals ............................ 9.83 ............... 10.08 ...................+2.5%

For a complete report listing all crops and all input costs see this USDA (pdf) report.

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