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Q: Cost to Produce a Bushel of Oats, Wheat, Corn, Soybeans ( Answered 4 out of 5 stars,   0 Comments )
Subject: Cost to Produce a Bushel of Oats, Wheat, Corn, Soybeans
Category: Business and Money > Economics
Asked by: hillsdale-ga
List Price: $25.00
Posted: 03 May 2004 10:37 PDT
Expires: 02 Jun 2004 10:37 PDT
Question ID: 340358
I am trying to find out the AVERAGE COST TO FARMERS TO PRODUCE A

These costs would include equipment, seed, fertilizer, planting, harvesting.
For example, corn might cost a total of $1.50 per bushel to
produce...I need this average cost for each of the four grains above.
Subject: Re: Cost to Produce a Bushel of Oats, Wheat, Corn, Soybeans
Answered By: bobbie7-ga on 03 May 2004 14:25 PDT
Rated:4 out of 5 stars
The average cost to farmers to produce a bushel of oats, corn, wheat
and soybeans is:

Corn         $2.46 per bushel      
Soybeans     $6.49 per bushel      
Oats         $2.49 per bushel      
Wheat        $6.29 per bushel      

Sources of Information:

U.S. Department of Agriculture: Economic Research Service (ERS)

?U.S and regional cost and return estimates for the most recent two
years, 2001-2002.These estimates are presented for the U.S. and ERS
farm resource regions for most commodities and are updated annually on
or around October 1. ERS produces a range of data products available
in different formats, including online databases, spreadsheets, and
web files. All data products online are available at no charge.?

U.S. corn production costs and returns per planted acre, 1996-2002
Total Costs per acre:  $329.54
Yield:  134 bushels per acre
329.54/134 = 2.45925373 per bushel

U.S. soybean production costs and returns per planted acre, 1997-2002
Total Costs per acre:  $266.04 
Yield: 41 bushels per acre
266.04/41 = 6.48878049 per bushel

U.S. wheat production costs and returns per planted acre 1998-2002
Total Costs per acre: $175,63 
Yield: 27.9 bushels per acre
175.63 / 27.9 = 6.29498208 per bushel

U.S. Oats production economic costs and returns per planted acre, 2001-2002 
Total Costs per acre: $149.94 
Yield: 60,26 bushels per acre
149.94/60.26 = 2.48821772 per bushel

Search criteria:
?production costs for a bushel of *" corn OR oats OR wheat OR soybeans
United States Department of Agriculture

I hope you find this information useful!

Best regards,
hillsdale-ga rated this answer:4 out of 5 stars
This was a very good answer..and can be used with the references. Many thanks

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