WebJun 14, 2024 · Re: Break-even Prices. Current local cash bids 1:15pm -- corn $3.39, beans $8.99, wheat $4.71. Current harvest contract cash bids -- corn $3.46, beans $8.82, wheat $4.71. Price is not our only risk factor between now and harvest. In fact, price is not even normally our biggest risk factor, at least not prior to the crop being out of the field. WebOct 4, 2024 · Breakeven prices in 2024 were approximately 26% above those for 2024. For full-season soybeans, the breakeven price to cover all costs was $12.53 for average productivity soil and $11.60 for high productivity soil, which was approximately 15% above the breakeven prices in 2024. Looking ahead to 2024, breakeven prices for corn and …
What is Your Breakeven Price for Corn and Soybeans?
WebFeb 3, 2024 · The breakeven number is also important for calculating cash flow. Schnitkey uses the 2024 Illinois Crop Budgets to calculate a “fairly consistent” breakeven number for most Illinois farms. He projects the corn breakeven price at $3.80 to $3.90 and soybeans at $9.25 to $9.30. Schnitkey adds that cash-rent rates will impact farm breakeven ... WebSep 26, 2024 · Looking ahead to 2024, breakeven prices for corn and soybeans for average-productivity soil are estimated at $5.90 and $13.40 per bushel, respectively. … finding my forever heidi mclaughlin
Figure out your breakeven price - Farm Progress
WebJan 21, 2024 · Net returns to corn following soybeans would range from $55 to $74 per acre under conventional tillage, and average $82 and $75, respectively, under strip tillage and no-till. Current futures prices seem to indicate that corn and soybean prices might average $4.45 and $11.40 per bushel in 2024/22, respectively. WebJan 21, 2024 · Net returns to corn following soybeans would range from $55 to $74 per acre under conventional tillage, and average $82 and $75, respectively, under strip tillage and no-till. Current futures prices seem … WebAug 12, 2024 · The 2016-2024 plateau in cash rents is displayed in all I-states in the heart of the Corn Belt: Iowa’s cash rents declined from a high of $260 per acre in 2014 to $235 per acre in 2016. ... corn prices have averaged $3.51, down by $0.98 from the 2006-2013 average. ... $51 per acre or more of ad hoc aid is needed to get farmers to break-even ... finding my ghin number