|
|
|
U.S.
Soybean Production Costs and Returns 2009
$/Planted Acre (Hectare) |
| Gross value of
production |
|
|
 Soybeans |
438.96 |
(1,084.66) |
| Total,
gross value of production |
438.96 |
(1,084.66) |
|
|
|
| Operating Costs: |
|
|
| Seed |
55.26 |
(136.54) |
| Fertilizer* |
23.65 |
(58.43) |
| Chemicals |
17.38 |
(42.94) |
| Custom operations |
7.17 |
(17.72) |
| Fuel, lube,
and electricity |
13.48 |
(33.31) |
| Repairs |
13.22 |
(32.66) |
| Purchased irrigation water |
0.14 |
(0.34) |
| Interest on operating capital |
0.19 |
(0.47) |
| Total, operating costs |
130.48 |
(322.41) |
|
|
|
| Allocated overhead: |
|
|
| Hired Labor |
2.14 |
(5.30) |
| Opportunity cost of unpaid labor |
17.19 |
(42.47) |
Capital recovery of machinery and
equipment |
75.54 |
(186.66) |
| Opportunity cost of land (rental rate) |
108.98 |
(269.29) |
| Taxes and insurance |
10.84 |
(26.78) |
| General farm overhead |
14.57 |
(36.01) |
| Total,
allocated overhead |
229.26 |
(566.50) |
|
|
|
| Total
cost listed |
359.74 |
(888.91) |
Value of production
less total costs
listed |
79.22 |
(195.75) |
Value of production
less operating
costs |
308.48 |
(762.25) |
|
|
|
| Supporting
information: |
|
|
| Yield
(bushels per planted acre)(mt/ha) |
47 |
(3.17) |
| Price
($ per bushel at harvest)($/mt) |
9.30 |
(342) |
| Enterprise
size (planted acres)(ha)
** |
303 |
(123) |
| Production
practices: ** |
|
|
| Irrigated
(percent) |
9 |
(9) |
| Dryland
(percent) |
91 |
(91) |
* Commercial fertilizer, soil conditioners and manure
** Developed from survey base year, 2006 |
| Source: USDA |
|
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Major funding for the 2011 edition of Soy
Stats® was provided by the United Soybean Board, with additional
financial support from the Iowa Soybean Association, Illinois Soybean
Association, Indiana Soybean Alliance, South Dakota Soybean Research &
Promotion Council, North Dakota Soybean Council, U.S. Soybean Export
Council, Ohio Soybean Council, Kentucky Soybean Board, Kansas Soybean
Commission, Tennessee Soybean Promotion Council, Minnesota Soybean
Research & Promotion Council, North Carolina Soybean Producers
Association, Oklahoma Soybean Board, and Arkansas Soybean Association &
Texas Soybean Association. |
|
Soy Stats® is copyright © 1994-2011 The American Soybean Association.
All Rights Reserved. |
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