General
General Information
Crop Enterprise:   Wheat
Crop acres: 250 acres Normal annual yield: 80 bu./acre
Production cost per acre: $286.40 Initial market price: $5.34 per bushel
Initial Inventory: 0 bushels Annual government payment: $6,250
Crop Enterprise:   Double-Crop Soybeans
Crop acres: 250 acres Normal annual yield: 25 bu./acre
Production cost per acre: $57.25 Initial market price: $8.44 per bushel
Initial Inventory: 0 bushels Annual government payment: $0
Crop Enterprise:   Corn
Crop acres: 400 acres Normal annual yield: 125 bu./acre
Production cost per acre: $395.00 Initial market price: $4.00 per bushel
Initial Inventory: 0 bushels Annual government payment: $10,000
Crop Enterprise:   Full-Season Soybeans
Crop acres: 150 acres Normal annual yield: 45 bu./acre
Production cost per acre: $264.15 Initial market price: $8.44 per bushel
Initial Inventory: 0 bushels Annual government payment: $3,750
Expected Revenues
Sales Units Revenue
Wheat 20,000 bushels
$106,800.00
Soybeans 13,000 bushels
$109,720.00
Corn 50,000 bushels
$200,000.00
Government Payments
$20,000.00
Annual Total:
$436,520.00
Expected Expenses
Units Expense
Wheat 250 acres
$71,600.00
Soybeans 400 acres
$53,935.00
Corn 400 acres
$158,000.00
Annual Total:
$283,535.00
Expected Annual Net Farm Return:
$152,985.00
Expected Two-Year Net Farm Return:
$305,970.00