2024 Corn Input Costs. Gross revenue (market revenue plus government payments),. Table 2 provides a perspective of the 2024 budgets relative to 2022 actual results and current expectations for 2023 returns.
Fertilizer, seed, pesticide, and cash rent cost per acre on rotation corn in indiana. Corn & soybean basis steady to slightly stronger across the eastern corn belt april 11, 2024 in recent weeks, corn basis has been steady to slightly stronger.
Conversely, Corn's Price Potential Is More Uncertain.
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Usda Expects The Cost Of Raising Corn And Soybeans To Decline In 2024.
Cost and return estimates are reported for the.
Many Farmers Will Tell You, โThatโs Below My Breakeven.
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Due To Differences In Soil Condition, The Quantity Of Inputs Used And Other Factors, Production Costs Will Ultimately Vary From Farm To Farm, Said Plastina.
โthatโs not a great price.
At The Farm Level, We Expect That Expenses Will Come Back Down From Their Highs Of 2023.
Late planted corn accompanied with an.
โA Lot Of The Elevators Want Farmers To Buy And Prepay For Fertilizer In The Fall,โ He Said.