University of Missouri Extension Southeast Missouri Crop Budget
2009 Wheat Budget

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2009 Wheat Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                         2.25       Bags      16.00      36.00      $____________
Nitrogen                      105      Pounds      0.44      46.20      $____________
Phosphate                      40      Pounds      0.65      26.00      $____________
Potash                         20      Pounds      0.70      14.00      $____________
Limestone                    0.25       Tons      25.00       6.25      $____________
Starter Fertilizer              0       Acre       0.00        -        $____________
Zinc                            0      Pounds      0.00        -        $____________
Sulfur                         12      Pounds      0.65       7.80      $____________
Boron                           0      Pounds      0.00        -        $____________
Post-Emerge - Ryegrass          1       Acre      18.00      18.00      $____________
Post-Emerge - Broadleaf         1       Acre      10.00      10.00      $____________
Fungicide                       1       Acre      15.00      15.00      $____________
Insecticide                     2       Acre       6.00      12.00      $____________
Drying Fuel & Electricity*     70      Bushels     0.08       5.60      $____________
Miscellaneous Overhead          1       Acre       5.00       5.00      $____________
Machinery Fuel                  1       Acre      12.00      12.00      $____________
Machine Repairs                 1       Acre       8.00       8.00      $____________
Hauling & Transportation*      70      Bushels     0.17      11.90      $____________
Irrigation Fuel (Acre Inches)   0       Acre       2.50        -        $____________
Irrigation Repairs              0       Acre      12.00        -        $____________
Labor                           1       Acre      12.00      12.00      $____________
Irrigation Labor                0       Acre       4.00        -        $____________
Custom Application              1       Acre       6.50       6.50      $____________
Subtotal                                Acre               $252.25      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%     10.09      $____________
Total Variable                          Acre               $262.34      $____________
Fixed Machinery Cost            1       Acre      29.00      29.00      $____________
Fixed Irrigation Cost           0       Acre      70.00        -        $____________
Total (Excluding Land)                  Acre               $291.34      $____________
Land Real Estate Taxes          1       Acre       0.30%      4.45      $____________
Land Interest                1483       Acre       4.00%     59.32      $____________
Total Cost                              Acre               $355.11      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
Bushels/Acre    Cost   Excluding Land     Cost 
    40           $6.37      $7.10          $8.69
    45           $5.69      $6.34          $7.75
    50           $5.15      $5.73          $7.00
    55           $4.70      $5.23          $6.39
    60           $4.33      $4.81          $5.88
    65           $4.02      $4.46          $5.44
    70           $3.75      $4.16          $5.07
    75           $3.51      $3.90          $4.75
    80           $3.31      $3.67          $4.47
    85           $3.13      $3.47          $4.22
    90           $2.97      $3.29          $4.00
    95           $2.83      $3.13          $3.80
    100          $2.70      $2.99          $3.63
    105          $2.58      $2.86          $3.47

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