General
General Information
Crop Enterprise:   Malt Barley
Crop acres: 265 acres Normal annual yield: 110 bu./acre
Production cost per acre: $222.04 Initial market price: $2.83 per bushel
Output 2: Barley Straw Output 2 Annual Yield: 0.5 tons/acre
Output 2 Market Price: $50.00 per ton Annual government payment: $4,956
Crop Enterprise:   Sugar Beets
Crop acres: 250 acres Normal annual yield: 22 tons/acre
Production cost per acre: $506.97 Initial market price: $39.79 per ton
Crop Enterprise:   Corn Grain
Crop acres: 90 acres Normal annual yield: 140 bu./acre
Production cost per acre: $360.98 Initial market price: $2.46 per bushel
Initial Inventory: 0 bushels Annual government payment: $4,165
Crop Enterprise:   Corn Silage
Crop acres: 90 acres Normal annual yield: 23 tons/acre
Production cost per acre: $428.49 Initial market price: $20.00 per ton
Initial Inventory: 0 tons Annual government payment: $4,165
Crop Enterprise:   Alfalfa Hay
Crop acres: 105 acres Normal annual yield: 5 tons/acre
Production cost per acre: $292.56 Initial market price: $72.11 per ton
Expected Revenues
Sales Units Revenue
Malt Barley 29,150 bushels
$82,494.50
Barley Straw 133 tons
$6,625.00
Sugar Beets 5,500 tons
$218,845.00
Corn Grain 12,600 bushels
$30,996.00
Corn Silage 2,070 tons
$41,400.00
Alfalfa Hay 525 tons
$37,857.75
Lease payments to others
-$55,113.38
Government Payments
$13,286.00
Annual Total:
$376,390.88
Expected Expenses
Units Expense
Malt Barley 265 acres
$58,840.60
Sugar Beets 250 acres
$126,742.50
Corn Grain 90 acres
$32,488.20
Corn Silage 90 acres
$38,564.10
Alfalfa Hay 105 acres
$30,718.80
Cost adjustment for leased acres
-$15,322.23
Other costs (dep., int., taxes, etc.)
$79,819.00
Annual Total:
$351,850.97
Expected Annual Net Farm Return:
$24,539.91
Expected Two-Year Net Farm Return:
$49,079.81
   
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