Projections for Planning Purposes Only -- Not to be Used without Updating
2016 Estimated Costs and Returns per Acre
Continuous Wheat, Furrow Irrigated (NG) - 122 Acres
Panhandle Extension District - 1
Crop Acres
122
REVENUE
Wheat
Grazing - Wheat
Total Revenue
Quantity
50.00
136.00
VARIABLE COSTS
Production Costs
Seed
Seed - Wheat
Fertilizer
Fertilizer (N) - ANH3
Fertilizer (P) - Liquid
Fertilizer (N) - Liquid
Custom
Fertilizer Application - ANH3
Harvest and Haul - Wheat Irrigated
Miscellaneous
Crop Insurance Wheat Irrigated
Insecticide
Insecticide and Apply Wheat
Irrigation
Energy Cost
Irrigation Labor
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Gasoline
Pickup/General Use Equipment
Repairs & Maintenance
Pickup/General Use Equipment
Irrigation Equipment
Tractors/Self-Propelled
Implements
Interest on Credit Line
Total Variable Costs
Planned Returns Above Variable Costs:
Breakeven Price to Cover Variable Costs
Quantity
FIXED COSTS
Machinery Depreciation
Pickup/General Use Equipment
Irrigation Equipment
Tractors/Self-Propelled
Implements
Equipment Investment
Pickup/General Use Equipment
Irrigation Equipment
Tractors/Self-Propelled
Implements
Cash Rent - Wheat Irrigated
Total Fixed Costs
Total Specified Costs
Quantity
Units
Bushel
Pound
Units
$/Unit
$4.50
$0.45
Cash
Total
$225.00
$61.20
$286.20
$/Unit
Total
Enterprise
Total
$27,450.00
$7,466.40
$34,916.40
Enterprise
Total
1.2
Bushel
$24.61
$29.54
$3,603.60
50
30
25
Pound
Pound
Pound
$0.36
$0.90
$0.53
$18.00
$27.00
$13.25
$2,196.00
$3,294.00
$1,616.50
1
50
Acre
Bushel
$12.07
$0.63
$12.07
$31.34
$1,472.92
$3,823.33
1
Acre
$35.00
$35.00
$4,270.00
1
Acre
$8.89
$8.89
$1,084.00
12.50
2.46
AcreInch
Hour
$3.20
$12.16
$40.00
$29.86
$4,880.00
$3,643.20
1.06
Hour
$11.97
$12.69
$1,547.62
2.79
Gallon
$1.97
$5.50
$670.55
1
Acre
$4.22
$4.22
$515.00
1
1
1
1
Acre
Acre
Acre
Acre
$2.51
$49.53
$4.48
$8.48
5.15%
Units
1
1
1
1
$18.18
$199.24
$34.98
$45.42
1
$5.61
$2.51
$49.53
$4.48
$8.48
$9.24
$341.60
($55.40)
Bushel
$/Unit
Total
$306.00
$6,043.12
$546.99
$1,034.13
$1,127.81
$41,674.75
($6,758.35)
Enterprise
Total
Acre
Acre
Acre
Acre
$2.63
$14.42
$4.49
$10.62
$2.63
$14.42
$4.49
$10.62
$321.30
$1,759.40
$547.83
$1,295.21
Dollars
Dollars
Dollars
Dollars
Acre
5.40%
5.40%
5.40%
5.40%
$75.00
$0.98
$10.76
$1.89
$2.45
$75.00
$123.24
$464.84
$119.80
$1,312.61
$230.46
$299.19
$9,150.00
$15,035.80
$56,710.54
($178.64)
($21,794.14)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
$8.07
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
37.50
45.00
50.00
55.00
62.50
Price Needed to Cover
Your Variable Costs
$7.48
$6.23
$5.61
$5.10
$4.49
Price Needed to Cover
Your Total Costs
$10.76
$8.97
$8.07
$7.34
$6.46
Developed by Steve Amosson, Regents Fellow, Professor and Extension Economist, Texas A&M AgriLife Extension.
Information presented is prepared solely as a general guide and not intended to recognize or predict the costs and
returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.