University of Missouri Extension Southeast Missouri Crop Budget
2008 BT Corn Budgets

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2008 Bt Corn Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          0.3       Bags     160.00      48.00      $____________
Nitrogen                      150      Pounds      0.50      75.00      $____________
Phosphate                      60      Pounds      0.42      25.20      $____________
Potash                         40      Pounds      0.28      11.20      $____________
Limestone                     0.5       Tons      21.00      10.50      $____________
Starter Fertilizer              0       Acre       0.00        -        $____________
Zinc                            0      Pounds      0.00        -        $____________
Sulfur                          0      Pounds      0.00        -        $____________
Boron                           0      Pounds      0.00        -        $____________
Pre-Emerge                      1       Acre      15.00      15.00      $____________
Post-Emerge                     1       Acre      10.00      10.00      $____________
Fungicide                       1       Acre      12.00      12.00      $____________
Insecticide                     1       Acre       4.00       4.00      $____________
Drying Fuel & Electricity*    140      Bushels     0.14      19.60      $____________
Miscellaneous Overhead          1       Acre      10.00      10.00      $____________
Machinery Fuel                  1       Acre      20.00      20.00      $____________
Machine Repairs                 1       Acre      12.00      12.00      $____________
Hauling & Transportation*     140      Bushels     0.16      22.40      $____________
Irrigation Fuel (Acre Inches)   0       Acre       2.80        -        $____________
Irrigation Repairs              0       Acre       9.00        -        $____________
Labor                           1       Acre      16.00      16.00      $____________
Irrigation Labor                0       Acre       3.00        -        $____________
Custom Application              1       Acre       5.50       5.50      $____________
Subtotal                                Acre               $316.40      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%     12.66      $____________
Total Variable                          Acre               $329.06      $____________
Fixed Machinery Cost            1       Acre      42.00      42.00      $____________
Fixed Irrigation Cost           1       Acre      62.00        -        $____________
Total (Excluding Land)                  Acre               $371.06      $____________
Land Real Estate Taxes          1       Acre       0.30%      7.53      $____________
Land Interest                2511       Acre       4.00%    100.44      $____________
Total Cost                              Acre               $479.03      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
    100          $3.17      $3.59          $4.67
    110          $2.91      $3.29          $4.27
    120          $2.69      $3.04          $3.94
    130          $2.51      $2.83          $3.66
    140          $2.35      $2.65          $3.42
    150          $2.21      $2.49          $3.21
    160          $2.09      $2.36          $3.03
    170          $1.99      $2.24          $2.87
    180          $1.89      $2.13          $2.73
    190          $1.81      $2.03          $2.60
    200          $1.74      $1.95          $2.49
    210          $1.67      $1.87          $2.38
    220          $1.60      $1.80          $2.29
    230          $1.55      $1.73          $2.20

2008 Center Pivot Irrigated BT Corn Budget

Variable Cost Number Units Cost Total Your Cost of Units $/Unit Cost/Acre $/Acre Seed 0.4 Bags 160.00 64.00 $____________ Nitrogen 210 Pounds 0.50 105.00 $____________ Phosphate 80 Pounds 0.42 33.60 $____________ Potash 60 Pounds 0.28 16.80 $____________ Limestone 0.5 Tons 21.00 10.50 $____________ Starter Fertilizer 0 Acre 0.00 - $____________ Zinc 0 Pounds 0.00 - $____________ Sulfur 0 Pounds 0.00 - $____________ Boron 0 Pounds 0.00 - $____________ Pre-Emerge 1 Acre 15.00 15.00 $____________ Post-Emerge 1 Acre 10.00 10.00 $____________ Fungicide 1 Acre 12.00 12.00 $____________ Insecticide 1 Acre 4.00 4.00 $____________ Drying Fuel & Electricity* 180 Bushels 0.14 25.20 $____________ Miscellaneous Overhead 1 Acre 10.00 10.00 $____________ Machinery Fuel 1 Acre 20.00 20.00 $____________ Machine Repairs 1 Acre 12.00 12.00 $____________ Hauling & Transportation* 180 Bushels 0.16 28.80 $____________ Irrigation Fuel (Acre Inches) 12 Acre 2.80 33.60 $____________ Irrigation Repairs 1 Acre 9.00 9.00 $____________ Labor 1 Acre 16.00 16.00 $____________ Irrigation Labor 1 Acre 3.00 3.00 $____________ Custom Application 1 Acre 5.50 5.50 $____________ Subtotal Acre $434.00 $____________ Interest (1/2 year at 8.0%) 0.5 Acre 8.00% 17.36 $____________ Total Variable Acre $451.36 $____________ Fixed Machinery Cost 1 Acre 42.00 42.00 $____________ Fixed Irrigation Cost 1 Acre 62.00 62.00 $____________ Total (Excluding Land) Acre $555.36 $____________ Land Real Estate Taxes 1 Acre 0.30% 7.53 $____________ Land Interest 2511 Acre 4.00% 100.44 $____________ Total Cost Acre $663.33 $____________ * Drying & Transportation Costs Change With Yields Breakeven Price in $/Bushel Yield in Variable Total Cost Total Bushels/Acre Cost Excluding Land Cost 140 $3.14 $3.88 $4.65 150 $2.95 $3.64 $4.36 160 $2.78 $3.43 $4.11 170 $2.64 $3.25 $3.88 180 $2.51 $3.09 $3.69 190 $2.39 $2.94 $3.51 200 $2.29 $2.81 $3.35 210 $2.19 $2.69 $3.20 220 $2.11 $2.58 $3.07 230 $2.03 $2.48 $2.95 240 $1.96 $2.39 $2.84 250 $1.89 $2.31 $2.74 260 $1.83 $2.23 $2.64 270 $1.77 $2.16 $2.56

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