Soybean profit per acre 2021
Web3. dec 2024 · Nationally, the total corn for grain production rose 3.1% to 14.0 million tonnes in 2024. Harvested area fell 1.3% to 3.4 million acres, while yields rose 4.4% to 160.2 bushels per acre. Ontario farmers reported that harvested area decreased by 0.5% to 2.1 million acres in 2024. The decrease in harvested area was offset by higher yields, which ... Web13. apr 2024 · The projection for 2024 is $365 per acre. That's a decrease of 27%. University of Illinois high-productivity Farmland Projections. Soybeans will take an even bigger hit, from $321 per acre profitability in 2024 to $179 per acre in 2024, according to the projections. That projection comes as more farmers say they intend to plant soybean acres at ...
Soybean profit per acre 2021
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Web5. aug 2024 · The return on soybeans fares better at $150 per acre because fertilizer, seed and drying costs for soybeans are projected to be $226 per acre cheaper than for corn. As farmers look to... Web12. aug 2024 · In the survey-based August Crop Production Report, USDA reported a record 51.9 bushels per acre for soybeans, up 1% compared to 2024, and a corn yield of 175.4 …
Web26. aug 2024 · Meanwhile, soybean production on rented ground is not likely to be profitable in 2024, even if target yields are realized, according to Plastina. The targets used to figure soybean gross revenue included: 56 bu./acre average yield, average price of $8.35 bu.acre, RP 80% APH 45 bu, and ARC‐CO $8 Oct ’21. For 2024, farmers are expected to see ... Web15. jan 2024 · January 15, 2024. Ontario corn and soybean farmers saw slightly above average corn yields and high soybean yields in 2024. While some parts of the province …
WebField crops statistics. Get data on major field crop harvested areas, production, crop year and weekly price, and supply-disposition. Web21. jan 2024 · Profits from soybean production would exceed $110 per acre. However, futures prices are currently reflecting a market reaction to unexpected USDA production …
Webpred 2 dňami · U.S. seasonal ending soybean stocks for the 2024/23 marketing year (MY) are lowered by 15.0 million bushels, to 210.0 million bushels on higher exports. Soybean …
WebThis is a list of countries by soybean production from 2016 to 2024, based on data from the Food and Agriculture Organization Corporate Statistical Database. [1] The total world … magical 6000Web6. feb 2024 · For soybeans, with $621 in income, total direct costs are $485. Overhead costs are another $66 per acre for total costs of $561 per acre, for $70 in profit. “Again, the … magical 3d clip on lensWeb8. sep 2024 · Wheat combined with double-crop soybeans has an expected return of $179 per acre, higher than returns for both corn ($110 per acre) and soybeans ($132 per acre). … covid travel insurance cubaWeb21. apr 2024 · Early season planting resulted in significantly higher yields at five out of nine locations in 2024 (average yield increase of 2.6 bushels per acre, some fields had in … covid traffic light timeline nzWeb6. júl 2024 · Average farm yields ranged from approximately 1.55 metric tons per hectare for the typical farm in Russia (23.1 bushels per acre) to 3.89 metric tons per hectare for the … covid transmission time frame 2023WebVSS-compliant soybean production accounted for 1.62% of total soybean production in 2016 and increased to nearly 2% in 2024. Figure 1. Global soybean production trend 2008–2016 … covid travel guidelines to philippineWeb22. júl 2024 · More than 90 million acres of soybeans were planted in 2024, and in 2024 acres planted to soybeans in the United States exceeded corn acres for the first time since 1983. ... increasing profitability. Midwestern soybean producers generally have higher yields and lower per-acre cash costs than Southern and Eastern producers. covid travel insurance rbc