University of Missouri Extension Southeast Missouri Crop Budget
2008 Grain Sorghum Budgets

green line

2008 Grain Sorghum Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                         0.16       Bags      70.00      11.20      $____________
Nitrogen                      125      Pounds      0.50      62.50      $____________
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      18.00      18.00      $____________
Post-Emerge                     1       Acre       3.00       3.00      $____________
Fungicide                       0       Acre      12.00        -        $____________
Insecticide                     1       Acre       4.00       4.00      $____________
Drying Fuel & Electricity*    110      Bushels     0.14      15.40      $____________
Miscellaneous Overhead          1       Acre      10.00      10.00      $____________
Machinery Fuel                  1       Acre      20.00      20.00      $____________
Machine Repairs                 1       Acre      11.00      11.00      $____________
Hauling & Transportation*     110      Bushels     0.16      17.60      $____________
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               $241.10      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      9.64      $____________
Total Variable                          Acre               $250.74      $____________
Fixed Machinery Cost            1       Acre      39.00      39.00      $____________
Fixed Irrigation Cost           1       Acre      62.00        -        $____________
Total (Excluding Land)                  Acre               $289.74      $____________
Land Real Estate Taxes          1       Acre       0.30%      7.53      $____________
Land Interest                2511       Acre       4.00%    100.44      $____________
Total Cost                              Acre               $397.72      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
    70           $3.41      $3.97          $5.51
    80           $3.02      $3.51          $4.86
    90           $2.72      $3.15          $4.35
    100          $2.48      $2.87          $3.95
    110          $2.28      $2.63          $3.62
    120          $2.11      $2.44          $3.34
    130          $1.97      $2.27          $3.11
    140          $1.86      $2.13          $2.91
    150          $1.75      $2.01          $2.73
    160          $1.66      $1.90          $2.58
    170          $1.58      $1.81          $2.45
    180          $1.51      $1.73          $2.33
    190          $1.45      $1.65          $2.22
    200          $1.39      $1.58          $2.12

2008 Center Pivot Irrigated Grain Sorghum Budget

Variable Cost Number Units Cost Total Your Cost of Units $/Unit Cost/Acre $/Acre Seed 0.2 Bags 70.00 14.00 $____________ Nitrogen 150 Pounds 0.50 75.00 $____________ Phosphate 65 Pounds 0.42 27.30 $____________ 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 18.00 18.00 $____________ Post-Emerge 1 Acre 3.00 3.00 $____________ Fungicide 0 Acre 12.00 - $____________ Insecticide 1 Acre 4.00 4.00 $____________ Drying Fuel & Electricity* 130 Bushels 0.14 18.20 $____________ Miscellaneous Overhead 1 Acre 10.00 10.00 $____________ Machinery Fuel 1 Acre 20.00 20.00 $____________ Machine Repairs 1 Acre 11.00 11.00 $____________ Hauling & Transportation* 130 Bushels 0.16 20.80 $____________ Irrigation Fuel (Acre Inches) 10 Acre 2.80 28.00 $____________ 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 $304.50 $____________ Interest (1/2 year at 8.0%) 0.5 Acre 8.00% 12.18 $____________ Total Variable Acre $316.68 $____________ Fixed Machinery Cost 1 Acre 39.00 39.00 $____________ Fixed Irrigation Cost 1 Acre 62.00 62.00 $____________ Total (Excluding Land) Acre $417.68 $____________ Land Real Estate Taxes 1 Acre 0.30% 7.53 $____________ Land Interest 2511 Acre 4.00% 100.44 $____________ Total Cost Acre $525.65 $____________ * Drying & Transportation Costs Change With Yields Breakeven Price in $/Bushel Yield in Variable Total Cost Total Bushels/Acre Cost Excluding Land Cost 100 $3.08 $4.09 $5.17 110 $2.82 $3.74 $4.72 120 $2.61 $3.46 $4.36 130 $2.44 $3.21 $4.04 140 $2.28 $3.00 $3.78 150 $2.15 $2.82 $3.54 160 $2.04 $2.67 $3.34 170 $1.93 $2.53 $3.16 180 $1.84 $2.40 $3.00 190 $1.76 $2.29 $2.86 200 $1.69 $2.19 $2.73 210 $1.62 $2.10 $2.62 220 $1.56 $2.02 $2.51 230 $1.51 $1.95 $2.42

green line

[Irrigation Economics Home] [ AgEBB ]

Questions or comments about this website?
Please contact Joe Henggeler via e-mail: HenggelerJ@missouri.edu or phone (573-379-5431);
University of Missouri Delta Center/Portageville, MO 63873