Projections for Planning Purposes Only -- Not to be Used without Updating
2016 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
Herbicide
2-4D Amine 4
MSM (Ally)
Seed
Wheat Seed
Fertilizer
N applied with drill
Phosphate
Nitrogen N32
Custom
Soil Test-Dryland
Custom Harvest small grains
Custom Haul small grains
Custom Harvest Overage small grains
Miscellaneous
Wht RP 65%, Ent, YA
SCO-Wheat
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
Quantity
Units
Bushel
Units
$/Unit
$4.70
Cash
Total
$117.50
$117.50
$/Unit
Total
Enterprise
Total
$117,500.00
$117,500.00
Enterprise
Total
1
0.14
Pint
Ounce
$1.81
$6.00
$1.81
$0.84
$1,812.50
$840.00
55
Pounds
$0.28
$15.40
$15,400.00
3.8
18.2
35.2
Pounds
Pounds
Pounds
$0.53
$0.37
$0.42
$2.01
$6.67
$14.92
$2,014.00
$6,673.33
$14,921.74
1
1
25
5
Each
Acre
Bushels
Bushels
$0.25
$25.00
$0.30
$0.20
$0.25
$25.00
$7.50
$1.00
$250.00
$25,000.00
$7,500.00
$1,000.00
1
0
Acre
Acre
$3.26
$3.78
$3.26
$0.00
$3,260.00
$0.00
0.51
Hour
$12.00
$6.12
$6,120.00
2.88
Gallon
$1.50
$4.32
$4,320.00
1
Acre
$1.59
$1.59
$1,592.80
1
1
1
Acre
Acre
Acre
$0.80
$6.18
$8.61
6.50%
$803.00
$6,176.13
$8,613.53
$2,044.68
$108,341.71
$9,158.29
$4.33
$0.80
$6.18
$8.61
$2.04
$108.34
$9.16
Bushel
$/Unit
Total
Units
1
1
1
$9.44
$55.45
$50.04
1
Enterprise
Total
Acre
Acre
Acre
$1.70
$7.16
$11.70
$1.70
$7.16
$11.70
$1,702.80
$7,164.67
$11,698.26
Dollars
Dollars
Dollars
Acre
6.50%
6.50%
6.50%
$35.00
$0.61
$3.60
$3.25
$35.00
$63.04
$171.38
$613.47
$3,604.34
$3,252.77
$35,000.00
$63,036.31
$171,378.01
($53.88)
($53,878.01)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
$6.86
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
0.00
0.00
0.00
0.00
0.00
Price Needed to Cover
Your Variable Costs
$5.78
$4.82
$4.33
$3.94
$3.47
Price Needed to Cover
Your Total Costs
$9.14
$7.62
$6.86
$6.23
$5.48
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.