2008 Sample Farm

The 2008 MWAS Sample Farm is a hypothetical farm located in West Central Minnesota. The cost of production used for breakeven projections are typical of farms in the region. The sample farm produces crops that consists of:

Corn: 550 acres at 180 bushels per acre = 99,000 bu. of production

Soybean: 500 acres at 50 bushels per acre = 25,000 bu. of produciton

Minnesota West Ag Services utilizes a proprietary Position Management program  to provide a snap shot look at potential profitability using our recommendations and pricing unsold production at "Marked to Market" - the current price or a specific price.

The "Mark to Market" report is provided in the printable summary for each crop.

Corn 2008

Current 2008 Corn Position  - Mark to Market printable summary

Last recommendation December 31, 2008

100% sold average net cash price of $6.27 per bushel

 

Soybeans 2008

Current 2008 Soybeans Position  - Mark to Market printable summary

Last recommendation February 5, 2009

100% Sold average net cash price of $12.45 per bushel 

Cost of Production 2008

Cost of Production for 2008 - Printable Detail

The 2008 cost of production estimate includes variable, land and indirect fixed costs per acre and crop enterprise along with profit zone and sensitivity analysis for multiple crops that include the following:

Corn: $531 per acre total costs equal a break even of $2.95/bu. @ 180 bpa.

Soybeans: $375 per acre total costs equal a break even of $7.50/bu. @ 50 bpa.

Storage: It is assumed that on farm stoarge is available for 50% of both corn and soybeans. Commercial storage is available for the remaining 50% of the crop to be used as strategy considerations apply. Standard carry costs to be applied on stored grain.