University of Missouri Extension Southeast Missouri Crop Budget
2008 Wheat Budget

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2008 Wheat Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                         2.25       Bags      15.00      33.75      $____________
Nitrogen                      105      Pounds      0.50      52.50      $____________
Phosphate                      40      Pounds      0.42      16.80      $____________
Potash                         20      Pounds      0.28       5.60      $____________
Limestone                    0.25       Tons      21.00       5.25      $____________
Starter Fertilizer              0       Acre       0.00        -        $____________
Zinc                            0      Pounds      0.00        -        $____________
Sulfur                         12      Pounds      0.60       7.20      $____________
Boron                           0      Pounds      0.00        -        $____________
Post-Emerge - Ryegrass          1       Acre      15.00      15.00      $____________
Post-Emerge - Broadleaf         1       Acre      10.00      10.00      $____________
Fungicide                       1       Acre      12.00      12.00      $____________
Insecticide                     1       Acre       4.00       4.00      $____________
Drying Fuel & Electricity*     70      Bushels     0.08       5.60      $____________
Miscellaneous Overhead          1       Acre       5.00       5.00      $____________
Machinery Fuel                  1       Acre      13.00      13.00      $____________
Machine Repairs                 1       Acre       7.00       7.00      $____________
Hauling & Transportation*      70      Bushels     0.16      11.20      $____________
Irrigation Fuel (Acre Inches)   0       Acre       2.80        -        $____________
Irrigation Repairs              0       Acre       9.00        -        $____________
Labor                           1       Acre      11.00      11.00      $____________
Irrigation Labor                0       Acre       3.00        -        $____________
Custom Application              1       Acre       5.50       5.50      $____________
Subtotal                                Acre               $220.40      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      8.82      $____________
Total Variable                          Acre               $229.22      $____________
Fixed Machinery Cost            1       Acre      29.00      29.00      $____________
Fixed Irrigation Cost           0       Acre      62.00        -        $____________
Total (Excluding Land)                  Acre               $258.22      $____________
Land Real Estate Taxes          1       Acre       0.30%      7.53      $____________
Land Interest                1256       Acre       4.00%    100.44      $____________
Total Cost                              Acre               $312.22      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
    40           $5.55      $6.28          $7.63
    50           $4.49      $5.07          $6.15
    60           $3.78      $4.26          $5.16
    70           $3.27      $3.69          $4.46
    80           $2.90      $3.26          $3.93
    90           $2.60      $2.92          $3.52
    100          $2.36      $2.65          $3.19
    110          $2.17      $2.43          $2.93
    120          $2.01      $2.25          $2.70
    130          $1.87      $2.10          $2.51
    140          $1.76      $1.96          $2.35
    150          $1.66      $1.85          $2.21
    160          $1.57      $1.75          $2.09
    170          $1.49      $1.66          $1.98

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Please contact Joe Henggeler via e-mail: HenggelerJ@missouri.edu or phone (573-379-5431);
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