Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
Con-Till Wheat, Dryland, Follow Wheat - 1000 Acres
West Central Extension District - 7
Crop Acres
1000
REVENUE
Winter Wheat
Small Grains Pasture
Small Grains Pasture
Small Grains Pasture
Total Revenue
Quantity
20.00
16.00
16.00
16.00
VARIABLE COSTS
Production Costs
Herbicide
2-4D Amine 4
MSM
Seed
Wheat Seed
Fertilizer
Nitrogen Dry
Phosphate
Nitrogen N32
Miscellaneous
Wht RP 65%, Ent, YA
SCO-Wheat
Custom
Custom Harvest Wheat
Custom Haul Wheat
Custom Harvest Overage Wheat
Soil Test-Dryland
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
Acre
Acre
Acre
Units
$/Unit
$5.73
$0.65
$0.65
$0.65
Total
$114.60
$10.40
$10.40
$10.40
$145.80
$/Unit
Total
1
0.14
Pint
Ounce
$1.94
$6.00
$1.94
$0.84
$1,937.50
$840.00
80
Pounds
$0.28
$22.40
$22,400.00
3.8
18.2
35.2
Pounds
Pounds
Pounds
$0.55
$0.42
$0.55
$2.11
$7.58
$19.25
$2,106.34
$7,583.94
$19,250.88
1
0
Acre
Acre
$4.37
$3.78
$4.37
$0.00
$4,370.00
$0.00
1
20
0
1
Acre
Bushels
Bushels
Each
$25.00
$0.30
$0.20
$0.25
$25.00
$6.00
$0.00
$0.25
$25,000.00
$6,000.00
$0.00
$250.00
0.54
Hour
$12.00
$6.48
$6,480.00
3.49
Gallon
$2.75
$9.60
$9,597.50
1
Acre
$1.71
$1.71
$1,709.40
1
1
1
Acre
Acre
Acre
$0.80
$7.65
$5.61
3.75%
$0.80
$7.65
$5.61
$1.75
$123.34
$22.46
Bushel
$803.00
$7,646.37
$5,613.24
$1,752.60
$123,340.78
$22,459.22
$4.61
Quantity
Units
1
1
1
$17.16
$98.18
$57.34
1
$/Unit
Total
Enterprise
Total
Acre
Acre
Acre
$1.70
$8.68
$7.37
$1.70
$8.68
$7.37
$1,702.80
$8,683.92
$7,372.86
Dollars
Dollars
Dollars
Acre
3.75%
3.75%
3.75%
$35.00
$0.64
$3.68
$2.15
$35.00
$59.24
$182.58
$643.50
$3,681.87
$2,150.42
$35,000.00
$59,235.38
$182,576.16
($36.78)
($36,776.16)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$114,600.00
$10,400.00
$10,400.00
$10,400.00
$145,800.00
Enterprise
Total
$7.57
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
15.00
18.00
20.00
22.00
25.00
Price Needed to Cover
Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$6.14
$6.14
$10.09
$10.09
$5.12
$5.12
$8.41
$8.41
$4.61
$4.61
$7.57
$7.57
$4.19
$4.19
$6.88
$6.88
$3.69
$3.69
$6.06
$6.06
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.