University of Missouri Extension Southeast Missouri Crop Budget
2008 Rice Budget - Wells Variety

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          96       Pounds      0.22      21.12      $____________
Nitrogen                     150       Pounds      0.50      75.00      $____________
Phosphate                     30       Pounds      0.42      12.60      $____________
Potash                        40       Pounds      0.28      11.20      $____________
Limestone                      0        Tons      21.00        -        $____________
Zinc                           3       Pounds      2.75       8.25      $____________
Sulfur                         0       Pounds      0.00        -        $____________
Fungicide                   12.3       Ounces      2.00      24.60      $____________
Pre-Emerge                     1        Acre      12.00      12.00      $____________
Post-Emerge                    1        Acre      40.00      40.00      $____________
Insecticide                    0        Acre       0.00        -        $____________
Drying (Custom/Bushel)*      160       Bushels     0.30      48.00      $____________
Hauling & Transportation*    160       Bushels     0.16      25.60      $____________
Miscellaneous Overhead         1        Acre      10.00      10.00      $____________
Machinery Fuel                 1        Acre      28.00      28.00      $____________
Machine Repairs                1        Acre      14.00      14.00      $____________
Irrigation Fuel                1        Acre      55.00      55.00      $____________
Irrigation Repairs             1        Acre       9.00       9.00      $____________
Scout                          1        Acre       8.00       8.00      $____________
Labor                          1        Acre      21.00      21.00      $____________
Irrigation Labor               1        Acre       5.00       5.00      $____________
Custom Application             4        Acre       5.50      22.00      $____________
Subtotal                                Acre               $450.37      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      18.01     $____________
Total Variable                          Acre               $468.38      $____________
Fixed Machinery Cost            1       Acre      58.00      58.00      $____________
Fixed Irrigation Cost           1       Acre      62.00      62.00      $____________
Total (Excluding Land)                  Acre               $588.38      $____________
Land Real Estate Taxes          1       Acre       0.30%      7.53      $____________
Land Interest                2511       Acre       4.00%    100.44      $____________
Total Cost                              Acre               $696.36      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
    Bu/Acre     Cost     Excluding Land     Cost 
      100        $4.41      $5.61          $6.69
      110        $4.05      $5.14          $6.12
      120        $3.75      $4.75          $5.65
      130        $3.50      $4.42          $5.25
      140        $3.28      $4.14          $4.91
      150        $3.09      $3.89          $4.61
      160        $2.93      $3.68          $4.35
      170        $2.78      $3.49          $4.12
      180        $2.65      $3.32          $3.92
      190        $2.54      $3.17          $3.74
      200        $2.43      $3.03          $3.57
      210        $2.34      $2.91          $3.43
      220        $2.25      $2.80          $3.29
      230        $2.18      $2.70          $3.17

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