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Average Input Costs (per acre) 11/21/12 10:01:03 AM
Just incase you wern't sure on what your input costs were per acre or you were just looking for some projected averages, here are a couple examples. The first is the USDA's numbers for our area and the last column is Flanagan State Bank's projected analysis for our upcoming year touching all areas* that would affect a farmer.
*Note: There is a chance not all areas listed will affect your situation
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CORN INPUT COSTS |
Flanagan State Bank |
|
DIRECT COSTS |
2013 |
fertilizer
lime
insecticide
seed
herbicide
drying
storage
crop insurance
TOTAL: Direct costs |
$218
$11
$36
$133
$33
$21
$24
$42
$518 |
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POWER COSTS |
|
machine hire/lease
utilities
machine repair/costs
fuel and oil
light vehicle
machine costs
TOTAL: Power costs |
-
-
$25
$26
$2
$15
$68 |
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OVERHEAD COSTS |
|
hired labor
living
income tax
term payments
interest
other insurance
TOTAL: Overhead costs |
$15
$35
$30
$35
$27
7
$149 |
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TOTAL NON LAND COSTS |
$735 |
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CASH RENT |
|
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600 |
$835
$885
$935
$985
$1035
$1085
$1135
$1185
$1235
$1285
$1335 |
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BEAN INPUT COSTS |
Flanagan State Bank |
|
DIRECT COSTS |
2013 |
fertilizer
lime
insecticide
seed
herbicide
drying
storage
crop insurance
TOTAL: Direct costs |
$66
$11
$33
$60
$40
$0
$7
$31
$248 |
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POWER COSTS |
|
machine hire/lease
utilities
machine repair/costs
fuel and oil
light vehicle
machine costs
TOTAL: Power costs |
-
-
$25
$26
$2
$15
$68 |
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OVERHEAD COSTS |
|
hired labor
living
income tax
term payments
interest
other insurance
TOTAL: Overhead costs |
$15
$35
$30
$35
$22
$7
$144 |
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TOTAL NON LAND COSTS |
$460 |
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CASH RENT |
|
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600 |
$560
$610
$660
$710
$760
$810
$860
$910
$960
$1010
$1060 |
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