General
General Information
Crop Enterprise:   Wheat/Soybean Double Crop
Crop acres: 250 acres Normal Wheat Yield: 80 bu./acre
Production cost per acre: $482.36 Expected Wheat Price: $5.49 per bushel
Normal Soybean Yield: 25 bu./acre Annual government payment: $6,250
Crop Enterprise:   Corn
Crop acres: 400 acres Normal Corn Yield: 125 bu./acre
Production cost per acre: $394.70 Expected Corn Price: $3.70 per bushel
Initial Inventory: 0 bushels Annual government payment: $10,000
Crop Enterprise:   Full-Season Soybeans
Crop acres: 150 acres Normal Soybean Yield: 45 bu./acre
Production cost per acre: $264.14 Expected Soybean Price: $8.22 per bushel
Initial Inventory: 0 bushels Annual government payment: $3,750
Expected Revenues
Sales Units Revenue
Wheat 20,000 bushels
$109,800.00
Soybeans 13,000 bushels
$106,860.00
Corn 50,000 bushels
$185,000.00
Government Payments
$20,000.00
Annual Total:
$421,660.00
Expected Expenses
Units Expense
Double Crop 250 acres
$120,590.00
Soybeans 150 acres
$39,621.00
Corn 400 acres
$157,880.00
Annual Total:
$318,091.00
Expected Annual Net Farm Return:
$103,569.00
Expected Two-Year Net Farm Return:
$207,138.00