University of Missouri Extension Southeast Missouri Crop Budget
2009 Popcorn Budget

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2009 Center Pivot Irrigated Popcorn Budget

Variable Cost                 Number    Units       Cost     Total         Your Cost
                             of Units              $/Unit   Cost/Acre       $/Acre  
Seed                          10       Pounds      3.80      38.00      $____________
Nitrogen                     185       Pounds      0.44      81.40      $____________
Phosphate                     80       Pounds      0.65      52.00      $____________
Potash                        60       Pounds      0.70      42.00      $____________
Limestone                    0.5        Tons      25.00      12.50      $____________
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      30.00      30.00      $____________
Post-Emerge                    1        Acre       4.00       4.00      $____________
Fungicide                      1        Acre       0.00        -        $____________
Insecticide                    1        Acre      10.00      10.00      $____________
Drying Fuel & Electricity*     0       Bushels     0.14        -        $____________
Miscellaneous Overhead         1        Acre      10.00      10.00      $____________
Machinery Fuel                 1        Acre      18.00      18.00      $____________
Machine Repairs                1        Acre      12.00      12.00      $____________
Hauling & Transportation*   5000       Pounds    0.0020      10.00      $____________
Irrigation Fuel (Acre Inches) 12        Acre       2.50      30.00      $____________
Irrigation Repairs             1        Acre      12.00      12.00      $____________
Labor                          1        Acre      18.00      18.00      $____________
Irrigation Labor               1        Acre       4.00       4.00      $____________
Custom Application             1        Acre       6.50       6.50      $____________
Subtotal                                Acre               $390.40      $____________
Interest (1/2 year at 8.0%)   0.5       Acre       8.00%      15.62     $____________
Total Variable                          Acre               $406.02      $____________
Fixed Machinery Cost            1       Acre      42.00      42.00      $____________
Fixed Irrigation Cost           1       Acre      70.00      70.00      $____________
Total (Excluding Land)                  Acre               $518.02      $____________
Land Real Estate Taxes          1       Acre       0.30%      8.90      $____________
Land Interest                2966       Acre       4.00%    118.64      $____________
Total Cost                              Acre               $645.55      $____________
* Drying & Transportation Costs Change With Yields



   Breakeven Price in $/Bushel
  Yield in    Variable    Total Cost      Total
    LB/Acre     Cost     Excluding Land     Cost 
     3000        $0.134     $0.171         $0.214
     3250        $0.124     $0.158         $0.198
     3500        $0.115     $0.147         $0.184
     3750        $0.108     $0.137         $0.171
     4000        $0.101     $0.129         $0.161
     4250        $0.095     $0.122         $0.152
     4500        $0.090     $0.115         $0.143
     4750        $0.085     $0.109         $0.136
     5000        $0.081     $0.104         $0.129
     5250        $0.077     $0.099         $0.123
     5500        $0.074     $0.094         $0.118
     5750        $0.071     $0.090         $0.113
     6000        $0.068     $0.087         $0.108
     6250        $0.065     $0.083         $0.104

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Please contact Joe Henggeler via e-mail: HenggelerJ@missouri.edu or phone (573-379-5431);
University of Missouri Delta Center/Portageville, MO 63873