Bottom Line

Find your corn, soybean profit numbers

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You know these tight margins are playing havoc with crop budgets and potential profits. The University of Wisconsin has a tool to run various scenarios and calculate your profitability for the coming year.

The sample uses $4.49 corn and 181-bushel yield, to predict $402.08 total operating costs per acre (or $2.22/bushel) costs per acre.

Add $123.60 per acre land-ownership costs and other fixed expenses, and Wisconsin Extension gets $3.20 total cost per bushel of corn following soybeans, or $233.12 per acre profit.

Sounds low to me because of the land figure. Plug in your own figures on the right-hand part of the Excel sheet for more meaningful costs.

Thanks to Ken Barnett at the Wisconsin Center for Dairy Profitability for the tool.

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