What is it costing us?

 I thought I would do a little history of expenses the last four years. These are for corn and do not include family living or profit margin. They are figured using an average cash rent price.  They include seed, nitrogen, dry fertilizer, insecticide, insurance, machinery, hired labor, interest, fuel, chemicals and machinery. These are only and estimate of what it might cost  to produce and acre of corn and what it would take per bushel to break even at 175 bushels per acre. As you can see there is a pretty steep increase the past four years. 

 

Year        Expenses /acre       Break Even 175 bushels per acre

 

2005           $ 310               $ 1.77

 

2006            $358               $ 2.05   

 

2007            $412                $2.36   

 

2008            $609                $3.48

 

2009            $721              $ 4.12