Corn Profit Per Acre 2024. United states farmers are predicted to plant 90 million acres of corn and 86.5 million acres of soybeans this year, according to the united states department of agriculture’s prospective plantings report. Corn got a head start last fall, and 92 million is likely a foundation for 2024 acres, especially if this planting season starts early.
Department of agriculture in october implied the cost per bushel to raise corn domestically in 2024 would be around $4.80,. 2024 crop budgets are now available for corn and soybean budgets at the university of illinois farmdoc website.
Between 2017 And 2020, Budgeted.
Like corn, fixed cost per acre peaked in 2015 at $375, and is projected to be $387 per acre in 2023.
Projected 2024 Farmer Returns Are Negative For Corn:
That’s down from an estimated $888.23 per acre in 2023.
While All Farms Are Different, Usda Nov.
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How Much Does A Farmer Net Per Acre Of Corn?
The contribution margin, obtained by subtracting total variable cost from market revenue, ranges from $217 per acre for continuous corn to $442 per acre for.
Each Year, Corn And Soybeans Compete For Acreage.
In 2024, the trend of u.s.
Growers Expect To Plant 92.4 Million Acres Of Corn In The Upcoming Weeks, Down 2.3 Million Acres (2.4%) From Year Ago Seedings.