General
General Information
Crop Enterprise:   Wheat/Soybean Double Crop
Crop acres: 250 acres Normal Wheat Yield: 75 bu./acre
Production cost per acre: $669.60 Expected Wheat Price: $7.88 per bushel
Normal Soybean Yield: 25 bu./acre Annual government payment: $6,250
Crop Enterprise:   Corn
Crop acres: 400 acres Normal Corn Yield: 150 bu./acre
Production cost per acre: $552.86 Expected Corn Price: $5.89 per bushel
Initial Inventory: 0 bushels Annual government payment: $10,000
Crop Enterprise:   Full-Season Soybeans
Crop acres: 150 acres Normal Soybean Yield: 40 bu./acre
Production cost per acre: $350.10 Expected Soybean Price: $13.02 per bushel
Initial Inventory: 0 bushels Annual government payment: $3,750
Expected Revenues
Sales Units Revenue
Wheat 18,750 bushels
$147,750.00
Soybeans 12,250 bushels
$159,495.00
Corn 60,000 bushels
$353,400.00
Government Payments
$20,000.00
Annual Total:
$680,645.00
Expected Expenses
Units Expense
Double Crop 250 acres
$167,400.00
Soybeans 150 acres
$52,515.00
Corn 400 acres
$221,144.00
Annual Total:
$441,059.00
Expected Annual Net Farm Return:
$239,586.00
Expected Two-Year Net Farm Return:
$479,172.00
     
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