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

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2009 Conventional Soybean Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          1.1       Bags      23.00      25.30      $____________
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                     1       Acre      30.00      30.00      $____________
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               $225.95      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      9.04      $____________
Total Variable                          Acre               $234.99      $____________
Fixed Machinery Cost            1       Acre      30.00      30.00      $____________
Fixed Irrigation Cost           0       Acre      70.00        -        $____________
Total (Excluding Land)                  Acre               $264.99      $____________
Land Real Estate Taxes          1       Acre       0.30%      8.90      $____________
Land Interest                2966       Acre       4.00%    118.64      $____________
Total Cost                              Acre               $392.53      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
     20         $11.54     $13.04         $19.41
     25          $9.26     $10.46         $15.57
     30          $7.75      $8.75         $13.00
     35          $6.67      $7.52         $11.17
     40          $5.85      $6.60          $9.79
     45          $5.22      $5.89          $8.72
     50          $4.72      $5.32          $7.87
     55          $4.30      $4.85          $7.17
     60          $3.96      $4.46          $6.58
     65          $3.67      $4.13          $6.09
     70          $3.42      $3.85          $5.67
     75          $3.20      $3.60          $5.30
     80          $3.01      $3.39          $4.98
     85          $2.84      $3.20          $4.70

2009 Center Pivot Irrigated Conventional Soybean Budget

Variable Cost Number Units Cost Total Your Cost of Units $/Unit Cost/Acre $/Acre Seed 1.2 Bags 23.00 27.60 $____________ 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 1 Acre 30.00 30.00 $____________ 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 $265.10 $____________ Interest (1/2 year at 8.0%) 0.5 Acre 8.00% 10.60 $____________ Total Variable Acre $275.70 $____________ Fixed Machinery Cost 1 Acre 30.00 30.00 $____________ Fixed Irrigation Cost 1 Acre 70.00 70.00 $____________ Total (Excluding Land) Acre $375.70 $____________ Land Real Estate Taxes 1 Acre 0.30% 8.90 $____________ Land Interest 2966 Acre 4.00% 118.64 $____________ Total Cost Acre $503.24 $____________ * Drying & Transportation Costs Change With Yields Breakeven Price in $/Bushel Yield in Variable Total Cost Total Bushels/Acre Cost Excluding Land Cost 30 $13.53 $18.53 $24.91 35 $10.86 $14.86 $19.96 40 $9.08 $12.41 $16.66 45 $7.80 $10.66 $14.31 50 $6.85 $9.35 $12.54 55 $6.11 $8.33 $11.16 60 $5.51 $7.51 $10.16 65 $5.03 $6.85 $9.14 70 $4.62 $6.29 $8.42 75 $4.28 $5.82 $7.78 80 $3.99 $5.42 $7.24 85 $3.73 $5.07 $6.77 90 $3.51 $4.76 $6.35 95 $3.31 $4.49 $5.99

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