WebDec 9, 2024 · The breakeven prices in 2024 and 2024 were approximately $4.45 and $4.20 per bushel, respectively. The projected breakeven price for 2024 is $4.17 per bushel. Gross revenue for rotation corn has … WebThe corn price, at $7.37 per bushel, is up 11 cents from last month and $1.37 from June 2024. Food grain: At 128.6, the index for June decreased 7.2 percent from the previous month but increased 45 percent from a year ago. The June price for all wheat, at $9.55 per bushel, is $1.35 lower than May but $3.32 higher than June 2024. The
Corn Price: Latest Futures Prices, Charts & Market News
WebAug 19, 2024 · They buyer should estimate the value of corn silage based on the value of the feed it will replace. This will be the buyer's maximum bid price. For example, if the grain yield would've been 134 bushels per acre and the price of corn is $3.25 per bushel, the grain component of the silage is worth: 134 bu. / acre x $3.25 / bu. = $435.50/acre. WebNov 3, 2024 · Break-even prices to cover total costs for 2024 are projected at $4.73 per bushel for corn and $11.06 per bushel for soybeans. Compared to historical levels, … target sustainability report 2020
Pricing Forage in the Field - Iowa State University
WebUSDA National Agricultural Statistics Service Information. NASS publications cover a wide range of subjects, from traditional crops, such as corn and wheat, to specialties, such as mushrooms and flowers; from … WebJul 27, 2024 · The projected trend yield for 2024 (225 bushels per acre for corn and 71 bushels per acre for soybeans) is used to calculate break-even price. For 2024, the projected break-even price to cover total costs is $4.73 per bushel ($1,064 total cost / 225 expected yield). Break-even price to cover total costs less other revenue. WebOct 4, 2024 · In addition, the USDA defines the minimum allowable test weight as 56 lbs/bu and 54 lbs/bu for No. 1 yellow corn and No. 2 yellow corn, respectively. Corn grain in the U.S. is marketed specific to a 56-lb bushel regardless of test weight. Furthermore, since test weight is dependent on grain moisture, grain buyers will pay based on “dry ... target sustainability 2021