Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
Hard Red Winter Wheat - 800 Acres
Central Texas Extension District - 8
Crop Acres
800
REVENUE
Wheat
Total Revenue
Quantity
45.00
VARIABLE COSTS
Production Costs
Custom
Custom Combine
Custom Hauling Wheat
Fertilizer
N
Insecticide
Insecticide Greenbug
Seed
Wheat Seed
Miscellaneous
Insurance - Wheat 65%
Insurance - Wheat SCO
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
Dryland Crop Rent
Total Fixed Costs
Total Specified Costs
Quantity
Units
Bushel
Units
$/Unit
$5.70
Total
$256.50
$256.50
$/Unit
Total
1
45
Acre
Bushel
$25.00
$0.30
$25.00
$13.50
$20,000.00
$10,800.00
140
Pound
$0.60
$84.00
$67,200.00
1
Acre
$4.50
$4.50
$3,600.00
90
Pound
$0.35
$31.50
$25,200.00
1
1
Acre
Acre
$7.00
$2.00
$7.00
$2.00
$5,600.00
$1,600.00
0.76
Hour
$10.00
$7.60
$6,080.00
5.15
Gallon
$2.65
$13.65
$10,918.00
Acre
Acre
$8.38
$12.54
4.75%
$6,700.72
$10,032.86
$3,483.31
$171,214.89
$33,985.11
$4.76
$8.38
$12.54
$4.35
$214.02
$42.48
Bushel
$/Unit
Total
1
1
Units
1
1
$97.72
$116.10
1
Enterprise
Total
Acre
Acre
$8.66
$14.93
$8.66
$14.93
$6,924.08
$11,942.23
Dollars
Dollars
Acre
6.00%
6.00%
$30.00
$5.86
$6.97
$30.00
$66.41
$280.43
$4,690.51
$5,573.04
$24,000.00
$53,129.86
$224,344.74
($23.93)
($19,144.74)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$205,200.00
$205,200.00
Enterprise
Total
$6.23
Bushel
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Bushel
33.75
40.50
45.00
49.50
56.25
Price Needed to Cover
Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$6.34
$6.34
$8.31
$8.31
$5.28
$5.28
$6.92
$6.92
$4.76
$4.76
$6.23
$6.23
$4.32
$4.32
$5.67
$5.67
$3.80
$3.80
$4.99
$4.99
Landlord
$0.00
$0.00
$0.00
$0.00
$0.00
Developed by Jason Johnson, Associate 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.