University of Missouri Extension Southeast Missouri Crop Budget
2008 Popcorn Budget

green line

2008 Center Pivot Irrigated Popcorn Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          10       Pounds      3.50      33.75      $____________
Nitrogen                     180       Pounds      0.50      52.50      $____________
Phosphate                     80       Pounds      0.42      16.80      $____________
Potash                        60       Pounds      0.28       5.60      $____________
Limestone                    0.5        Tons      21.00       5.25      $____________
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       0.00        -        $____________
Insecticide                    1        Acre      12.00      12.00      $____________
Drying Fuel & Electricity*     0       Bushels     0.14        -        $____________
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*   4500       Pounds    0.0015       6.75      $____________
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               $338.75      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      13.55     $____________
Total Variable                          Acre               $352.30      $____________
Fixed Machinery Cost            1       Acre      42.00      42.00      $____________
Fixed Irrigation Cost           0       Acre      62.00      62.00      $____________
Total (Excluding Land)                  Acre               $456.60      $____________
Land Real Estate Taxes          1       Acre       0.30%      7.53      $____________
Land Interest                1256       Acre       4.00%    100.44      $____________
Total Cost                              Acre               $564.27      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
    LB/Acre     Cost     Excluding Land     Cost 
     2750        $0.127     $0.165         $0.204
     3000        $0.117     $0.151         $0.187
     3250        $0.108     $0.140         $0.173
     3500        $0.100     $0.130         $0.161
     3750        $0.094     $0.121         $0.150
     4000        $0.088     $0.114         $0.141
     4250        $0.083     $0.107         $0.133
     4500        $0.078     $0.101         $0.125
     4750        $0.074     $0.096         $0.119
     5000        $0.071     $0.091         $0.113
     5250        $0.067     $0.087         $0.108
     5500        $0.064     $0.083         $0.103
     5750        $0.062     $0.080         $0.098
     6000        $0.059     $0.076         $0.094

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