Your question: How much does corn pay per acre?

How much does it cost to plant 1 acre of corn?

In the corn divisions, depending upon year, the average maximum and minimum cost per acre is $215 to $260 in the cash grain division, and $187 to $234 in the dairy and livestock division (Table 1).

How much do farmers profit per acre?

Average four-crop gross income per acre = approximately $790 per acre.

Do corn farmers make money?

corn and 59 bu. soybeans per acre, farms averaged $673 total revenue per acre and averaged $664 total cost per acre. The most profitable farm made $275 per acre while the least profitable lost $222 per acre. … corn takes the worst figure in the study to the third best at $144 per acre profit.

How many times can you harvest corn in a year?

In the Midwest there’s only one growing season. Corn, soybeans, and wheat can only be harvested once. Forage crops for cattle can often be harvested multiple times as they regrow.

Which farming is most profitable?

Apiculture is one of the most profitable agriculture business ideas in 2021. Due to a rise in demand for honey and its by-products and a scarcity of natural honey, commercial beekeeping farms have sprung up all over the world.

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What is the most profitable crop per acre?

Herbs and Spices

  • Goji Berries. …
  • Cherry Tomatoes. …
  • Arugula. …
  • Microgreens. …
  • Gourmet Mushroom. …
  • Bamboo. Bamboo is one of the most profitable crops to grow per acre. …
  • Corn. Corn, also known as maize, is a staple food in America and across the world. …
  • Wheat. Wheat is one of the most commonly known cereal grains.

How much money does a farmer make per acre of corn?

Corn in 2019

For 2019, crop revenue for corn is projected at $738 per acre based on a 208 bushel per acre yield and a $3.55 per bushel price.

How do farmers make money growing corn?

The three possibilities are: rising selling prices, declining selling prices and volatile selling prices. If crop prices strengthen: With a strengthening of corn and soybean selling prices, in the short term farm operators would gain profits, but production costs would eventually rise accordingly.

How much do farmers get for a bushel of corn?

Average cost per bushel has been between $1.25 and $1.95 in the cash corn division and $1.13 and $1.81 in the livestock corn division.

Will corn prices go down in 2021?

Chicago corn futures last week were trading from about $5.20 to $5.75 per bushel, up 60% to 70% from a year earlier, with the December 2021 contract near $5.65 per bushel.