How much do soybean farmers make per acre?

How much do soybean farmers make per acre?

For 2020, the projected soybean yield is 72 bushels per acre, the soybean price is $11.20 per bushel, giving crop revenue of $806 per acre.

What is a good bushel per acre corn?

8 bushels per acre, which is a decline of 4.9 bushels per acre from the NASS yield estimate in July. This compares to U.S. corn yields of 172 bushels per acre in 2020, 167.4 bushels per acre in 2019, 176.4 bushels per acre in 2018, and the current record U.S. average corn yield of 176.6 bushels in 2017.

What is the profit per acre of soybeans?

Net returns per acre to herbicide-tolerant soybean production would range from $42 to $78 per acre, depending on target yield and tillage practice. Corn production would not be profitable in a continuous corn scenario if the price per bushel is $3.65.

How much does it cost to plant an acre of soybeans?

Average costs per acre for soybean ranged from $168 to $204 and average cost per bushel ranged from $3.30 to $4.19. Average returns per acre ranged from $62 to $194.

How many bushels of soybeans are in a ton?

36.7440
Bushel Equivalents Per Tonne

GRAIN EQUIVALENT
Corn 39.3680
Faba Beans 2 36.7440
Soybeans 36.7440
Peas 36.7440

How much does it cost to plant 1 acre of soybeans?

Average costs per acre for soybean ranged from $168 to $204 and average cost per bushel ranged from $3.30 to $4.19. Average returns per acre ranged from $62 to $194. Better efficiency (low cost per bushel) occurs with higher yields. Table 1.

How much do soybean seeds cost?

The Seed Market

Crop Price per bag Size of bag
Corn $89.90 80,000 kernels
Soybeans $15.49 60 lbs.
Wheat $11.25 60 lbs.