Soybean profit per acre 2021
Web29. sep 2024 · Variable costs for 2024 Ohio soybeans are projected to range from $266 to $302 per acre. Wheat variable expenses for 2024 are projected to range from $213 to $262 per acre. These are increases over last year of 19%, 18%, and 25% for corn, soybeans and wheat, respectively. Web13. apr 2024 · The projection for 2024 is $365 per acre. That's a decrease of 27%. University of Illinois high-productivity Farmland Projections. Soybeans will take an even bigger hit, from $321 per acre profitability in 2024 to $179 per acre in 2024, according to the projections. That projection comes as more farmers say they intend to plant soybean acres at ...
Soybean profit per acre 2021
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Web7. feb 2024 · Soybean planted acreage is projected to increase from 87.2 million acres in 2024/22 to 88.0 million acres in 2024/24 through the remainder of the projection period while yield is forecast to trend upward from 51.5 bushels per acre in 2024/22 to 56 bushels per acre in 2031/32, averaging a half-bushel yield increase per year. Web21. apr 2024 · Early season planting resulted in significantly higher yields at five out of nine locations in 2024 (average yield increase of 2.6 bushels per acre, some fields had in …
Web21. okt 2024 · The 2024 estimate is $28 per acre higher than the 2024 difference of $236 per acre. From 2000 to 2024, differences in fertilizer costs account for 48% of the … Web21. jan 2024 · The soybean ending stock situation is still considerably tight. In 2024, if the U.S. planted and harvested the same levels as 2024, zero carryout would occur if a 350/860.3=4.05 bushels per acre yield loss—or about 7.8% of the expected trend yield of 51.9 bushels per acre—occurred.
Web27. jan 2024 · “Cost of production estimates, per bushel, for herbicide-tolerant soybeans are $8.89, $8.72 and $8.57 assuming 50, 56, and 62 bushels per acre, respectively. The total cost per bushel of soybeans is projected at $8.72 for non-herbicide-tolerant beans at 56 bpa, according to the report.”. When breaking down the costs of production, the ISU update … Web1. dec 2024 · This compares to soybean breakeven levels of $9.00-$9.50 per acre in 2024. Based on the monthly World Supply and Demand (WASDE) Report in November, USDA is estimating the U.S. average corn price for the 2024-22 year at $5.45 per bushel and the average 2024-22 soybean price at $12.10 per bushel.
Web11. apr 2024 · Taiwan’s soybean imports are forecast at 2.65 MMT for MY2024/2024 and MY2024/2024. In MY 2024/2024, Taiwan imports of soybeans reached a record high of …
WebGrain prices used as assumptions in the 2024 crop enterprise budgets are $5.00/bushel for corn, $13.20/bushel for soybeans and $6.30/bushel for wheat. Projected returns above … numerology compatibility 7 and 2Web13. máj 2024 · Hog herd recovery fueling soybean demand. Backed with strong growth rate of live pigs, the demand for soybean-based animal feed is also seen rising in 2024. According to China's Ministry of Agriculture and Rural Affairs, the country's swine herd is expected to cross 440 million heads by the end of 2024, compared with 406 million in 2024. numerology day numberWebGross return/acre: $689: $639: $658: Expenses (per acre) Seed: $1.58: $1.70: $1.75: Fertilizer: $49: $55: $79: Crop chemicals: $8: $11: $10: Machinery costs: $183: $169: … nishtha module 8 answer keyWeb26. aug 2024 · Meanwhile, soybean production on rented ground is not likely to be profitable in 2024, even if target yields are realized, according to Plastina. The targets used to figure soybean gross revenue included: 56 bu./acre average yield, average price of $8.35 bu.acre, RP 80% APH 45 bu, and ARC‐CO $8 Oct ’21. For 2024, farmers are expected to see ... nishtha phourWeb15. jan 2024 · January 15, 2024. Ontario corn and soybean farmers saw slightly above average corn yields and high soybean yields in 2024. While some parts of the province … nishtha module 9 answers hindiWeb3. dec 2024 · Nationally, the total corn for grain production rose 3.1% to 14.0 million tonnes in 2024. Harvested area fell 1.3% to 3.4 million acres, while yields rose 4.4% to 160.2 bushels per acre. Ontario farmers reported that harvested area decreased by 0.5% to 2.1 million acres in 2024. The decrease in harvested area was offset by higher yields, which ... nishtha module 8 answersWeb21. jan 2024 · Profits from soybean production would exceed $110 per acre. However, futures prices are currently reflecting a market reaction to unexpected USDA production … numerology day number 1