Current futures prices seem to indicate that corn and soybean prices might average $4.45 and $11.40 per bushel in 2021/22, respectively. Central Illinois with high-productivity farmland, Central Illinois with low-productivity farmland, and. The average corn yield per acre has _______ during the last forty years County yields ranged from 37.9 bushels per acre in Decatur County to 69.1 bushels per acre in Scott County. Gross revenue (market revenue plus government payments), variable cost, and overhead cost per acre for rotation corn on average productivity soil is illustrated in Figure 2. Iowa produced almost 500 times more corn than Utah, which ranks #41 in US corn production by state. Government programs to protect farmers from agriculture risk have been around for many years, Although ARC and PLC have only been around since 2014. However, the only certainty about future prices is that they will continue to change until their expiration date, and they could plummet as fast as they rallied. These returns are for a typical 50% corn and 50% soybean rotation in central Illinois. endobj The state average is 1,000 to 1,200 dozen per acre or 200 to 240 crates . Written byAlejandro Plastina,Extension Economist,plastina@iastate.edu. Projected prices are $5.30 per bushel for corn and $12.70 for soybeans, near current 2023 fall bids. Table 2 shows actual results for northern Illinois for 2021, along with projections for 2022 and 2023. What is the average bushel of corn per acre? If your fuel cost last year was $2.50/gallon and this year it is $5.00/gallon it will only cost you a little over $3 more per acre and if you get 2 tons/acre first cutting, .How Much Does it Cost to Ship Cattle? For soybeans, the yield is pegged at 55 bushels an acre with an average selling price of $8.20 per bushel. How many bushels of corn can you get per acre in Illinois? - 2023 Sign-up for the CFAP program, through your local Farm Service Agency, is still underway. Variable costs: Fuel, fertilizer, seed, irrigat. How Much Profit Margin Per Acre of Corn Can a Farmer Make The first release of the 2023 Illinois Crop Budgets is available on farmdoc. Your email address will not be published. If YES, here is an analysis of the income & profit margin corn farmers make per acre.

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