|
|
|
U.S.
Soybean Production Costs and Returns 2006
$/Planted Acre (Hectare) |
| Gross value of
production |
|
|
 Soybeans |
254.12 |
(627.92) |
| Total,
gross value of production |
254.57 |
(627.92) |
|
|
|
| Operating Costs: |
|
|
| Seed |
34.06 |
(84.16) |
| Fertilizer |
11.08 |
(27.38) |
| Soil Conditioners |
0.14 |
(0.35) |
| Manures |
0.67 |
(1.66) |
| Chemicals |
14.16 |
(34.99) |
| Custom operations |
7.02 |
(17.35) |
| Fuel, lube, electricity |
15.75 |
(38.92) |
| Repairs |
11.60 |
(28.66) |
| Purchased irrigation water |
0.15 |
(0.37) |
| Interest on operating capital |
2.23 |
(5.51) |
| Total, operating costs |
96.86 |
(239.34) |
|
|
|
| Allocated overhead: |
|
|
| Hired Labor |
2.12 |
(5.24) |
| Opportunity cost of unpaid labor |
16.81 |
(41.54) |
| Capital recovery of machinery andequipment |
51.47 |
(127.18) |
| Opportunity cost of land (rental rate) |
86.25 |
(218.06) |
| Taxes and insurance |
6.57 |
(16.23) |
| General farm overhead |
12.54 |
(30.99) |
| Total,
allocated overhead |
177.76 |
(439.24) |
|
|
|
| Total
cost listed |
274.62 |
(678.58) |
| Value of production
less total costs listed |
(-20.50) |
(-50.66) |
| Value of production
less operating costs |
157.26 |
388.58 |
|
|
|
| Supporting
information: |
|
|
| Yield
(bushels per planted acre,metric tons per hectare) |
46 |
(3.08) |
| Price
($ per bushel, $ per metric ton) |
5.54 |
(204) |
| Enterprise
size (planted acres, hectares)
* |
268 |
(108) |
| Production
practices: * |
|
|
| Irrigated
(percent) |
9 |
9 |
| Dryland
(percent) |
91 |
91 |
* Developed from survey base year, 2002. |
|
|
| Return to Soy Stats homepage |
Order a printed Soy Stats |
| Major funding for the 2008 edition of Soy StatsÒ was
provided by the United Soybean Board, with additional financial
support of the Illinois Soybean Association, Indiana Soybean Alliance,
Iowa Soybean Association, Ohio Soybean Association, South Dakota Soybean Research &
Promotion Council, North Dakota Soybean Council, the U.S. Soybean
Export Council, Minnesota Soybean Research & Promotion Council,
North Carolina Soybean Producers Association, Arkansas Soybean
Association and Texas Soybean Association. |
Soy
Stats®
is copyright © 1994-2008 The American Soybean Association. All Rights
Reserved. |
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