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Q: Cost to Produce a Bushel of Oats, Wheat, Corn, Soybeans ( Answered 4 out of 5 stars,   0 Comments )
Question  
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
BUSHEL OF OATS, CORN, WHEAT AND SOYBEANS.

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.
Answer  
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.?
http://www.ers.usda.gov/Data/CostsAndReturns/testpick.htm


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
http://www.ers.usda.gov/Data/CostsAndReturns/data/recent/Corn/R-USCorn.xls


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
http://www.ers.usda.gov/Data/CostsAndReturns/data/recent/Soyb/R-USSoyb.xls


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
http://www.ers.usda.gov/Data/CostsAndReturns/data/recent/Whea/R-USWhea.xls


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
http://www.ers.usda.gov/Data/CostsAndReturns/data/current/C-Oats.xls


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,
Bobbie7
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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