Cost of Corn Production
Compared to the other crops produced in Manitoba, corn is a
comparatively expensive crop to grow. Costs of inputs such as seed
and fertilizer, and capital costs for equipment, storage, drying and
handling are higher than those for small grains and oilseeds. A
summary of the costs for corn production are found below. More
details can be found in the
Guidelines for Estimating Crop
Production Costs, published annually by Manitoba Agriculture, Food
and Rural Initiatives.
Cost of Production - Corn |
| A. Operating Costs |
Per acre |
Your Farm |
| Seed & Treatment |
$40.00 |
|
| Fertilizer |
$50.80 |
|
| Herbicide |
$29.50 |
|
| Fungicide |
$0.00 |
|
| Insecticide |
$0.00 |
|
| Fuel |
$16.00 |
|
| Machinery Operating |
$13.00 |
|
| Crop Insurance |
$6.20 |
|
| Other Costs |
$8.00 |
|
| Land Taxes |
$8.50 |
|
| Drying Costs |
$25.00 |
|
| Interest on Operating |
$5.42 |
|
|
Total Operating |
$202.42 |
|
|
|
|
|
|
B. Fixed Costs |
|
|
| Land Investment Costs |
$32.00 |
|
| Machinery Depreciation |
$30.00 |
|
| Machinery Investment |
$12.00 |
|
| Storage Costs |
$4.27 |
|
|
Total Fixed |
$78.27 |
|
|
Total Operating & Fixed |
$280.69 |
|
|
|
|
|
|
C. Labour |
$20.00 |
|
|
|
|
|
|
Total Costs |
$300.69 |
|
|
|
|
|
|
Estimated Farmgate Price |
|
|
|
$ per unit |
$3.30 bu |
|
|
$ per tonne |
$130.00 t |
|
|
|
|
|
|
Breakeven Yield |
|
|
| Operating Costs |
61.34 bu |
|
| Operating & Fixed Costs |
85.06 bu |
|
|
Total Costs |
91.12
bu |
|
|
Disclaimer: This budget is
only a guide and is not intended as an in depth study of
the cost of production in this industry. Interpretation and utilization of this information is
the responsibility of the user.
|
| Introduction to Corn Production |
How a Corn
Plant Grows | Choosing a Corn Hybrid |
Soil, Nutrition and Fertilizers |
Seed Bed Preparation
|
Weed Control | Diseases and Disorders of Corn
| Insects in Corn |
Trouble-Shooting |
Harvesting and Storage of
Grain Corn
| Corn Stover and Silage |
Marketing Grain Corn |
New
Uses for Corn | Cost of Corn Production |
|
