Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
No-Till Wheat, Dryland, Follow Cotton - 1000 Acres
West Central Extension District - 7
Crop Acres
1000
REVENUE
Winter Wheat
Total Revenue
Quantity
25.00
VARIABLE COSTS
Production Costs
Seed
Wheat Seed
Fertilizer
N applied with drill
Phosphate
Nitrogen N32
Custom
Custom Harvest Wheat
Custom Haul Wheat
Custom Harvest Overage Wheat
Soil Test-Dryland
Miscellaneous
Wht RP 65%, Ent, YA
SCO-Wheat
Herbicide
2-4D Amine 4
MSM
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Gasoline
Pickup/General Use Equipment
Repairs & Maintenance
Pickup/General Use 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
Tractors/Self-Propelled
Implements
Equipment Investment
Pickup/General Use Equipment
Tractors/Self-Propelled
Implements
Rent-Dryland Crop
Total Fixed Costs
Total Specified Costs
Units
Bushel
Units
$/Unit
$5.73
Total
$143.25
$143.25
$/Unit
Total
55
Pounds
$0.28
$15.40
$15,400.00
3.8
18.2
35.2
Pounds
Pounds
Pounds
$0.53
$0.42
$0.55
$2.01
$7.58
$19.25
$2,014.00
$7,583.94
$19,250.88
1
25
5
1
Acre
Bushels
Bushels
Each
$25.00
$0.30
$0.20
$0.25
$25.00
$7.50
$1.00
$0.25
$25,000.00
$7,500.00
$1,000.00
$250.00
1
1
Acre
Acre
$4.37
$3.78
$4.37
$3.78
$4,370.00
$3,780.00
1
0.14
Pint
Ounce
$1.94
$6.00
$1.94
$0.84
$1,937.50
$840.00
0.51
Hour
$12.00
$6.12
$6,120.00
2.88
Gallon
$2.75
$7.92
$7,920.00
1
Acre
$1.71
$1.71
$1,709.40
1
1
1
Acre
Acre
Acre
$0.80
$6.18
$4.04
3.75%
$0.80
$6.18
$4.04
$1.29
$116.98
$26.27
Bushel
$803.00
$6,176.13
$4,037.56
$1,288.35
$116,980.75
$26,269.25
$4.68
Quantity
Units
1
1
1
$17.16
$81.03
$40.38
1
$/Unit
Total
Enterprise
Total
Acre
Acre
Acre
$1.70
$7.16
$5.19
$1.70
$7.16
$5.19
$1,702.80
$7,164.67
$5,191.14
Dollars
Dollars
Dollars
Acre
3.75%
3.75%
3.75%
$35.00
$0.64
$3.04
$1.51
$35.00
$54.25
$171.24
$643.50
$3,038.64
$1,514.08
$35,000.00
$54,254.84
$171,235.59
($27.99)
($27,985.59)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$143,250.00
$143,250.00
Enterprise
Total
$6.85
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
18.75
22.50
25.00
27.50
31.25
Price Needed to Cover
Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$6.24
$6.24
$9.13
$9.13
$5.20
$5.20
$7.61
$7.61
$4.68
$4.68
$6.85
$6.85
$4.25
$4.25
$6.23
$6.23
$3.74
$3.74
$5.48
$5.48
Landlord
$0.00
$0.00
$0.00
$0.00
$0.00
Developed by Bill Thompson, Associate 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.