Projections for Planning Purposes Only -- Not to be Used without Updating
2016 Estimated Costs and Returns per Acre
Hard Red Spring Wheat, Dryland, 35 bu. Yield Goal, Northwest - 500 Acres
Coastal Bend Extension District - 11
Crop Acres
500
REVENUE
Hard Red Spring Wheat
Total Revenue
Quantity
35.00
VARIABLE COSTS
Production Costs
Custom
Fertilizer Application
Custom Haul - Wheat
Fertilizer
32-11-3 6S
Herbicide
Glyphosate (Generic)
Miscellaneous
Pickup Milage Charge
Crop Insurance -Wheat LC
Seed
HRS Wheat Seed
Other Labor
Hand Labor
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Repairs & Maintenance
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
Tractors/Self-Propelled
Implements
Equipment Investment
Tractors/Self-Propelled
Implements
Management Fee, Owner/Operator Labor
LCB - Land Charge
Total Fixed Costs
Total Specified Costs
Quantity
Units
Bushel
Units
1
35
0.095
CWT
Bushel
Ton
$/Unit
$4.95
Cash
Total
$173.25
$173.25
$/Unit
Total
Enterprise
Total
$86,625.00
$86,625.00
Enterprise
Total
$0.10
$0.21
$0.10
$7.35
$50.00
$3,675.00
$510.00
$48.45
$24,225.00
1
Quart
$4.00
$4.00
$2,000.00
1
1
Acre
Acre
$3.88
$14.00
$3.88
$14.00
$1,940.00
$7,000.00
Pound
$0.44
$55.00
$27,500.00
0.018
Hour
$16.00
$0.29
$144.00
0.54
Hour
$19.50
$10.53
$5,265.00
6.07
Gallon
$2.10
$12.75
$6,373.50
Acre
Acre
$20.33
$10.18
4.25%
125
1
1
Units
1
1
$154.44
$68.26
1
1
$5.46
$20.33
$10.18
$4.12
$190.98
($17.73)
Bushel
$/Unit
Total
$10,163.61
$5,091.33
$2,060.34
$95,487.79
($8,862.79)
Enterprise
Total
Acre
Acre
$20.26
$12.36
$20.26
$12.36
$10,131.44
$6,178.93
Dollars
Dollars
Acre
Acre
7.00%
7.00%
$8.66
$70.00
$10.81
$4.78
$8.66
$70.00
$126.87
$317.85
$5,405.50
$2,388.99
$4,331.25
$35,000.00
$63,436.10
$158,923.89
($144.60)
($72,298.89)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
$9.08
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
26.25
31.50
35.00
38.50
43.75
Price Needed to Cover
Your Variable Costs
$7.28
$6.06
$5.46
$4.96
$4.37
Price Needed to Cover
Your Total Costs
$12.11
$10.09
$9.08
$8.26
$7.27
Developed by Levi Russell, Assistant Professor and Extension Economist, Texas A&M AgriLife Extension Service.
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.