University of Missouri Extension Southeast Missouri Crop Budget
2009 Roundup Rready Soybean Budgets

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2009 Roundup Ready Soybean Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          1.1       Bags      44.00      48.40      $____________
Nitrogen                        0      Pounds      0.44        -        $____________
Phosphate                      40      Pounds      0.65      26.00      $____________
Potash                         60      Pounds      0.70      42.00      $____________
Limestone                     0.5       Tons      25.00      12.50      $____________
Foliar Fertilizer               0       Acre       0.00        -        $____________
Fungicide                       1       Acre      15.00      15.00      $____________
Insecticide                     1       Acre       6.00       6.00      $____________
Burn Down Herbicides            0      Quarts      0.00        -        $____________
Pre-Emerge                      1       Acre      15.00      15.00      $____________
Post-Emerge                     2       Acre      10.00      20.00      $____________
Drying Fuel & Electricity*      0      Bushels     0.08                 $____________
Miscellaneous Overhead          1       Acre      10.00      10.00      $____________
Machinery Fuel                  1       Acre      11.00      11.00      $____________
Machine Repairs                 1       Acre       8.00       8.00      $____________
Hauling & Transportation*      45      Bushels     0.17       7.65      $____________
Irrigation Fuel (Acre Inches)   0       Acre       2.50        -        $____________
Irrigation Repairs              0       Acre      12.00        -        $____________
Labor                           1       Acre      11.00      11.00      $____________
Irrigation Labor                0       Acre       4.00        -        $____________
Custom Application              1       Acre       6.50       6.50      $____________
Subtotal                                Acre               $239.05      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      9.56      $____________
Total Variable                          Acre               $248.61      $____________
Fixed Machinery Cost            1       Acre      30.00      30.00      $____________
Fixed Irrigation Cost           0       Acre      70.00        -        $____________
Total (Excluding Land)                  Acre               $278.61      $____________
Land Real Estate Taxes          1       Acre       0.30%      8.90      $____________
Land Interest                2966       Acre       4.00%    118.64      $____________
Total Cost                              Acre               $406.15      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
     20         $12.22     $13.72         $20.10
     25          $9.81     $11.01         $16.11
     30          $8.20      $9.20         $13.45
     35          $7.05      $7.91         $11.56
     40          $6.19      $6.94         $10.13
     45          $5.52      $6.19          $9.03
     50          $4.99      $5.59          $8.14
     55          $4.55      $5.10          $7.42
     60          $4.19      $4.69          $6.81
     65          $3.88      $4.34          $6.30
     70          $3.61      $4.04          $5.86
     75          $3.38      $3.78          $5.48
     80          $3.18      $3.56          $5.15
     85          $3.00      $3.36          $4.86

2009 Center Pivot Irrigated Roundup Ready Soybean Budget

Variable Cost Number Units Cost Total Your Cost of Units $/Unit Cost/Acre $/Acre Seed 1.2 Bags 44.00 52.80 $____________ Nitrogen 0 Pounds 0.44 - $____________ Phosphate 40 Pounds 0.65 26.00 $____________ Potash 70 Pounds 0.70 49.00 $____________ Limestone 0.5 Tons 25.00 12.50 $____________ Foliar Fertilizer 0 Acre 0.00 - $____________ Fungicide 1 Acre 15.00 15.00 $____________ Insecticide 1 Acre 6.00 6.00 $____________ Burn Down Herbicides 0 Quarts 0.00 - $____________ Pre-Emerge 1 Acre 15.00 15.00 $____________ Post-Emerge 2 Acre 10.00 20.00 $____________ Drying Fuel & Electricity* 0 Bushels 0.08 $____________ Miscellaneous Overhead 1 Acre 10.00 10.00 $____________ Machinery Fuel 1 Acre 11.00 11.00 $____________ Machine Repairs 1 Acre 8.00 8.00 $____________ Hauling & Transportation* 50 Bushels 0.17 8.50 $____________ Irrigation Fuel (Acre Inches) 8 Acre 2.50 20.00 $____________ Irrigation Repairs 1 Acre 12.00 12.00 $____________ Labor 1 Acre 11.00 11.00 $____________ Irrigation Labor 1 Acre 4.00 4.00 $____________ Custom Application 1 Acre 6.50 6.50 $____________ Subtotal Acre $287.30 $____________ Interest (1/2 year at 8.0%) 0.5 Acre 8.00% 11.49 $____________ Total Variable Acre $298.79 $____________ Fixed Machinery Cost 1 Acre 30.00 30.00 $____________ Fixed Irrigation Cost 1 Acre 70.00 70.00 $____________ Total (Excluding Land) Acre $398.79 $____________ Land Real Estate Taxes 1 Acre 0.30% 8.90 $____________ Land Interest 2966 Acre 4.00% 118.64 $____________ Total Cost Acre $529.33 $____________ * Drying & Transportation Costs Change With Yields Breakeven Price in $/Bushel Yield in Variable Total Cost Total Bushels/Acre Cost Excluding Land Cost 30 $9.85 $13.18 $17.43 35 $8.46 $11.32 $14.97 40 $7.43 $9.93 $13.12 45 $6.62 $8.84 $11.68 50 $5.98 $7.98 $10.53 55 $5.45 $7.27 $9.59 60 $5.01 $6.67 $8.80 65 $4.64 $6.17 $8.14 70 $4.32 $5.75 $7.57 75 $4.04 $5.37 $7.07 80 $3.80 $5.05 $6.64 85 $3.59 $4.76 $6.26 90 $3.40 $4.51 $5.92 95 $3.23 $4.28 $5.62

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