Estimated Costs of Crop
Production in Iowa - 2017
T
he estimated costs of corn, corn silage,
soybeans, alfalfa, and pasture maintenance
in this report are based on data from several
sources. They include the annual Iowa Farm
Business Association record summaries, production
and costs data from the Departments of Economics,
Agricultural and Biosystems Engineering, and
Agronomy at Iowa State University, and a survey of
selected agricultural cooperatives and other input
suppliers around the state.
These cost estimates are representative of average
costs for farms in Iowa. Very large or small farms
may have lower or higher fixed costs per acre.
Due to differences in soil potentials, quantity of
inputs used, and other factors, production costs
will vary from farm to farm. Price shifts for inputs
can change production costs in both the short
and long run. The data reflect average cost of
purchased inputs and a return to land and labor
resources, but do not provide a margin for profit or
a return to management. They reflect production
costs only, and do not include costs of storage.
Labor has been treated as a fixed cost because most
labor on Iowa farms is supplied by the operator,
family, or permanent hired labor. However, when
deciding among alternative crops, labor should
be considered a variable cost. The wage rate used
here is $13.00 per hour. The hours assumed per
crop are presented in the budgets. Hours have been
adjusted downward in 2017 to reflect increased
field capacity of farm machinery. (AgDM File A3-
24) The hours per crop acre include not only the
field work but also time for maintenance, travel,
and other activities related to crop production. The
land charge is based on rent equivalent. Owned
land may require a greater or lesser cash outlay.
In the short run, cash income must be sufficient
to pay cash costs, including seed, fertilizer,
chemicals, insurance, cash rent, and hired labor,
as well as machinery fuel and repairs, and interest
on operating capital. In the long run, income
Ag Decision Maker
File A1-20
should be sufficient to pay all costs of production
for resources to be used in their most profitable
alternative.
Corn yields reflect rotation effects. Fertilizer
rates have been adjusted to reflect current data
on removal and application rates. Crop insurance
costs reect revenue crop protection at an 80
percent coverage level for a typical farm in Iowa.
Machinery costs reflect both new and used
equipment. The machine operations assumed
are based on the 2000 Crop Production Practices
Survey conducted by the Iowa Agricultural
Statistics Service and Iowa State University
Extension and Outreach publication PM 696,
Estimating the Field Capacity of Farm Machines
(AgDM File A3-24). The Estimated Machinery
Costs table can be used to budget other tillage and
harvesting systems.
Estimates represent typical costs and are only
intended to be guidelines. Actual costs will vary
considerably and can be entered in the column
for Your Estimates. Electronic spreadsheets for
developing crop production budgets are available
on the Ag Decision Maker website, www.extension.
iastate.edu/agdm.
Budgets for alfalfa hay establishment with an oat
companion crop and by direct seeding are included
in this publication. Annual production costs for
established alfalfa or alfalfa-grass hay as well as a
budget for maintaining grass pastures are included.
Additional pasture establishment budgets are
published in ISU Extension and Outreach
publication AG-96, Estimated Costs of Pasture and
Hay Production (AgDM File A1-15).
Two low-till budgets, one for corn and one for
soybeans, are included. The major differences
between the low-till and conventional budgets
are the preharvest machinery, labor, herbicide,
and seeding costs. The soybean budgets are for
herbicide tolerant varieties. A strip-till budget is
also included.
FM 1712 Revised January 2017
Page 2 Estimated Costs of Crop Production in Iowa - 2017

Corn Following Corn

145 165 185

bu. per acre bu. per acre bu. per acre
Your
Fixed Variable Fixed Variable Fixed Variable Estimate

Preharvest Machinery 1/ $23.20 $21.20 $23.20 $21.20 $23.20 $21.20 $

Seed, Chemical, etc. Units Units Units

Seed @ $3.43 per 1000 k. 25,000 $85.80 30,000 $103.00 35,000 $120.10 $
Nitrogen @ $0.31 per lb. 186 57.66 186 57.66 186 57.66
Phosphate @ $0.34 per lb. 54 18.36 62 21.08 69 23.46
Potash @ $0.25 per lb. 44 11.00 50 12.50 56 14.00
Lime (yearly cost) 9.34 9.34 9.34
Herbicide 32.40 32.40 32.40
Insecticide 20.30 20.30 20.30
Crop insurance 9.00 10.00 10.80
Miscellaneous 9.00 10.00 11.00
Interest on preharvest 10.05 10.91 11.74
variable costs
(8 months @ 5.5%)

Total $262.91 $287.19 $310.80 $

Harvest Machinery
Combine $13.00 $6.70 $13.00 $6.70 $13.00 $6.70 $
Grain cart 6.20 3.00 6.20 3.00 6.20 3.00
Haul 6.28 5.49 7.14 6.24 8.01 7.00
Dry (LP Gas @ $0.95/gal.) 7.25 16.53 8.25 18.81 9.25 21.09
Handle (auger) 2.53 2.81 2.88 3.20 3.23 3.59

Total $35.26 $34.53 $37.48 $37.95 $39.69 $41.37 $

Labor
2.80 hours @ $13.00 $36.40 $36.40 $36.40 $

Land
Cash rent equivalent $191.00 $230.00 $270.00 $

Total fixed, variable

Per acre $285.86 $318.63 $327.08 $346.34 $369.29 $373.38 Yield:
Per bushel $1.97 $2.20 $1.98 $2.10 $2.00 $2.02 bu./acre

Total cost per acre $604.50 $673.41 $742.67 $

Total cost per bushel $4.17 $4.08 $4.01 $

Chisel plow, tandem disk, apply N, field cultivate, plant, and spray. See the Estimated Machinery Costs table.
1/
Estimated Costs of Crop Production in Iowa - 2017 Page 3

Corn Following Soybeans

160 180 200

bu. per acre bu. per acre bu. per acre
Your
Fixed Variable Fixed Variable Fixed Variable Estimate

Preharvest Machinery 1/ $19.60 $17.30 $19.60 $17.30 $19.60 $17.30 $

Seed, Chemical, etc. Units Units Units

Seed @ $3.43 per 1000 k. 25,000 $85.80 30,000 $103.00 35,000 $120.10 $
Nitrogen @ $0.31 per lb. 131 40.61 131 40.61 131 40.61
Phosphate @ $0.34 per lb. 60 20.40 68 23.12 75 25.50
Potash @ $0.25 per lb. 48 12.00 54 13.50 60 15.00
Lime (yearly cost) 9.34 9.34 9.34
Herbicide 32.40 32.40 32.40
Crop insurance 9.00 10.00 10.80
Miscellaneous 9.00 10.00 11.00
Interest on preharvest 8.65 9.51 10.34
variable costs
(8 months @ 5.5%)

Total $227.20 $251.48 $275.09 $

Harvest Machinery
Combine $13.00 $6.70 $13.00 $6.70 $13.00 $6.70 $
Grain cart 6.20 3.00 6.20 3.00 6.20 3.00
Haul 6.93 6.05 7.79 6.81 8.66 7.57
Dry (LP Gas @ $0.95/gal.) 8.00 18.24 9.00 20.52 10.00 22.80
Handle (auger) 2.80 3.10 3.15 3.49 3.50 3.88

Total $36.92 $37.09 $39.14 $40.52 $41.35 $43.94 $

Labor
2.55 hours @ $13.00 $33.15 $33.15 $33.15 $

Land
Cash rent equivalent $191.00 $230.00 $270.00 $

Total fixed, variable

Per acre $280.67 $281.59 $321.89 $309.29 $364.10 $336.33 Yield:
Per bushel $1.75 $1.76 $1.79 $1.72 $1.82 $1.68 bu./acre

Total cost per acre $562.26 $631.18 $700.44 $

Total cost per bushel $3.51 $3.51 $3.50 $

1/
Apply N, tandem disk, field cultivate, plant, and spray. See the Estimated Machinery Costs table.
Page 4 Estimated Costs of Crop Production in Iowa - 2017

Corn Silage Following Corn

21 24 26
tons per acre tons per acre tons per acre
Your
Fixed Variable Fixed Variable Fixed Variable Estimate

Preharvest Machinery 1/ $23.20 $21.20 $23.20 $21.20 $23.20 $21.20 $

Seed, Chemical, etc. Units Units Units

Seed @ $3.43 per 1000 k. 28,750 $98.70 34,500 $118.40 40,250 $138.20 $
Nitrogen @ $0.31 per lb. 150 46.50 150 46.50 150 46.50
Phosphate @ $0.34 per lb. 74 25.16 84 28.56 91 30.94
Potash @ $0.25 per lb. 168 42.00 192 48.00 208 52.00
Lime (yearly cost) 9.34 9.34 9.34
Herbicide 32.40 32.40 32.40
Insecticide 20.30 20.30 20.30
Crop insurance 9.00 10.00 10.80
Miscellaneous 9.00 10.00 11.00
Interest on preharvest 11.50 12.64 13.66
variable costs
(8 months @ 5.5%)

Total $303.90 $336.14 $365.15 $

Harvest Machinery
Silage harvester $49.20 $31.00 $49.20 $31.00 $49.20 $31.00 $
Haul 27.98 26.61 31.98 30.41 34.65 32.94
Store silage (unloader) 8.84 2.74 10.10 3.13 10.94 3.39

Total $86.02 $60.35 $91.28 $64.54 $94.79 $67.33 $

Labor
4.95 hours @ $13.00 $64.35 $64.35 $64.35 $

Land
Cash rent equivalent $191.00 $230.00 $270.00 $

Total fixed, variable

Per acre $364.57 $385.45 $408.83 $421.88 $452.34 $453.68 Yield:
Per ton $17.36 $18.35 $17.03 $17.58 $17.40 $17.45 bu./acre

Total cost per acre $750.02 $830.71 $906.02 $

Total cost per ton $35.72 $34.61 $34.85 $

1/
Chisel plow, tandem disk, apply N, field cultivate, plant, and spray. See the Estimated Machinery Costs table.
Estimated Costs of Crop Production in Iowa - 2017 Page 5

Herbicide Tolerant Soybeans Following Corn

45 50 55
bu. per acre bu. per acre bu. per acre
Your
Fixed Variable Fixed Variable Fixed Variable Estimate

Preharvest Machinery 1/ $21.10 $18.80 $21.10 $18.80 $21.10 $18.80 $

Seed, Chemical, etc. Units Units Units

Seed @ $52.70 per 140 k. 140 $52.70 140 $52.70 140 $52.70 $
Phosphate @ $0.34 per lb. 36 12.24 40 13.60 44 14.96
Potash @ $0.25 per lb. 68 17.00 75 18.75 83 20.75
Lime (yearly cost) 9.34 9.34 9.34
Herbicide 2/ 40.00 40.00 40.00
Crop insurance 5.80 6.50 7.30
Miscellaneous 9.00 10.00 11.00
Interest on preharvest 6.05 6.22 6.41
variable costs
(8 months @ 5.5%)

Total $152.13 $157.11 $162.46 $

Harvest Machinery
Combine $8.30 $4.10 $8.30 $4.10 $8.30 $4.10 $
Grain cart 6.20 3.00 6.20 3.00 6.20 3.00
Haul 1.95 1.70 2.16 1.89 2.38 2.08
Handle (auger) 0.79 0.87 0.87 0.97 0.96 1.07

Total $17.23 $9.67 $17.54 $9.96 $17.84 $10.25 $

Labor
2.20 hours @ $13.00 $28.60 $28.60 $28.60 $

Land
Cash rent equivalent $191.00 $230.00 $270.00 $

Total fixed, variable

Per acre $257.93 $180.60 $297.24 $185.87 $337.54 $191.51 Yield:
Per bushel $5.73 $4.01 $5.94 $3.72 $6.14 $3.48 bu./acre

Total cost per acre $438.53 $483.11 $529.05 $

Total cost per bushel $9.75 $9.66 $9.62 $

1/
Chisel plow, tandem disk, field cultivate, plant, and two sprays. See the Estimated Machinery Costs table.
2/
Estimates do not include any insecticide or fungicide costs.
Page 6 Estimated Costs of Crop Production in Iowa - 2017

Strip Tillage Corn and Soybeans

Herbicide Tolerant
Corn Following Soybeans Soybeans Following Corn
180 50
bu. per acre bu. per acre
Your Your
Fixed Variable Estimate Fixed Variable Estimate

Preharvest Machinery 1/ $11.00 $9.90 $ $13.40 $11.60 $

Seed, Chemical, etc. Units Units
Seed @ $3.43 per 1000 k. 30,000 $102.97 $
Seed @ $52.70 per 140 k. 160 $60.20 $
Nitrogen @ $0.31 per lb. 131 40.61
Phosphate @ $0.34 per lb. 68 23.12 40 13.60
Potash @ $0.25 per lb. 54 13.50 75 18.75
Lime (yearly cost) 9.34 9.34
Herbicide 2/ 34.00 56.70
Crop insurance 10.00 6.50
Miscellaneous 10.00 10.00
Interest on preharvest 9.29 6.85
variable costs
(8 months @ 5.5%)
Total $252.83 $ $181.94 $

Harvest Machinery
Combine $13.00 $6.70 $ $8.30 $4.10 $
Grain cart 6.20 3.00 6.20 3.00
Haul 7.79 6.81 2.16 1.89
Dry (LP Gas @ $0.95/gal.) 9.00 20.52
Handle (auger) 3.15 3.49 0.87 0.97
Total $39.14 $40.52 $ $17.54 $9.96 $
Labor
2.25 hours @ $13.00 $29.25 $
1.70 hours @ $13.00 $22.10 $
Land
Cash rent equivalent $230.00 $ $230.00 $

Total fixed, variable

Per acre $309.39 $303.25 Yield: $283.04 $203.50 Yield:
Per bushel $1.72 $1.68 bu./acre $5.66 $4.07 bu./acre
Total cost per acre $612.64 $ $486.53 $
Total cost per bushel $3.40 $ $9.73 $

1/
Strip till, plant, and spray for corn. No-till drill, two sprays for soybeans. See the Estimated Machinery Costs table.
2/
Estimates do not include any insecticide or fungicide costs.
Estimated Costs of Crop Production in Iowa - 2017 Page 7

Non-Herbicide Tolerant Soybeans Following Corn

Soybeans Following Corn Drilled Soybeans Following Corn

50 50
bu. per acre bu. per acre
Your Your
Fixed Variable Estimate Fixed Variable Estimate

Preharvest Machinery 1/ $21.50 $19.10 $ $18.50 $15.70 $

Seed, Chemical, etc. Units Units
Seed @ $36.33 per 140 k. 130 $33.70 150 $38.90 $
Phosphate @ $0.34 per lb. 40 13.60 40 13.60
Potash @ $0.25 per lb. 75 18.75 75 18.75
Lime (yearly cost) 9.34 9.34
Herbicide 2/ 53.00 56.70
Crop insurance 6.50 6.50
Miscellaneous 10.00 10.00
Interest on preharvest 6.01 6.21
variable costs
(8 months @ 5.5%)
Total $150.90 $ $160.00 $

Harvest Machinery
Combine $8.30 $4.10 $ $8.30 $4.10 $
Grain cart 6.20 3.00 6.20 3.00
Haul 2.16 1.89 2.16 1.89
Handle (auger) 0.87 0.97 0.87 0.97
Total $17.54 $9.96 $ $17.54 $9.96 $
Labor
2.40 hours @ $13.00 $31.20 $
1.72 hours @ $13.00 $22.36 $
Land
Cash rent equivalent $230.00 $ $230.00 $

Total fixed, variable

Per acre $300.24 $179.96 Yield: $288.40 $185.67 Yield:
Per bushel $6.00 $3.60 bu./acre $5.77 $3.71 bu./acre
Total cost per acre $480.20 $ $474.06 $
Total cost per bushel $9.60 $ $9.48 $

1/
Chisel plow, tandem disk, field cultivate, plant, cultivate, and spray.
Tandem disk, field cultivate, drill, and spray for drilled soybeans. See the Estimated Machinery Costs table.
2/
Estimates do not include any insecticide or fungicide costs.
Page 8 Estimated Costs of Crop Production in Iowa - 2017

Low-till Corn and Soybeans

Herbicide Tolerant
Corn Following Soybeans Drilled Soybeans Following Corn
180 50
bu. per acre bu. per acre
Your Your
Fixed Variable Estimate Fixed Variable Estimate

Preharvest Machinery 1/ $15.00 $13.90 $ $13.50 $11.40 $

Seed, Chemical, etc. Units Units
Seed @ $3.43 per 1000 k. 30,000 $102.97 $
Seed @ $52.70 per 140 k. 160 $60.20 $
Nitrogen @ $0.31 per lb. 131 40.61
Phosphate @ $0.34 per lb. 68 23.12 40 13.60
Potash @ $0.25 per lb. 54 13.50 75 18.75
Lime (yearly cost) 9.34 9.34
Herbicide 2/ 34.00 56.70
Crop insurance 10.00 6.50
Miscellaneous 10.00 10.00
Interest on preharvest 9.44 6.84
variable costs
(8 months @ 5.5%)
Total $252.98 $ $181.93 $

Harvest Machinery
Combine $13.00 $6.70 $ $8.30 $4.10 $
Grain cart 6.20 3.00 6.20 3.00
Haul 7.79 6.81 2.16 1.89
Dry (LP Gas @ $0.95/gal.) 9.00 20.52
Handle (auger) 3.15 3.49 0.87 0.97
Total $39.14 $40.52 $ $17.54 $9.96 $
Labor
2.25 hours @ $13.00 $29.25 $
1.70 hours @ $13.00 $22.10 $
Land
Cash rent equivalent $230.00 $ $230.00 $

Total fixed, variable

Per acre $313.39 $307.40 Yield: $283.14 $203.29 Yield:
Per bushel $1.74 $1.71 bu./acre $5.66 $4.07 bu./acre
Total cost per acre $620.79 $ $486.43 $
Total cost per bushel $3.45 $ $9.73 $

1/
Apply N, cultivate, plant, and spray for corn. Disk, drill, and spray for soybeans. See the Estimated Machinery Costs table.
2/
Estimates do not include any insecticide or fungicide costs.
Estimated Costs of Crop Production in Iowa - 2017 Page 9

Oats and Hay Production - Seeding Year Costs

Alfalfa-Grass Seeded Alfalfa Seeded
with Oat Companion Crop 1/ with Herbicide 2/
Establishment Costs Your
Fixed Variable Fixed Variable Estimate
Preharvest Machinery
Spray herbicide $2.20 $2.00 $
Tandem disk (2 times) $9.20 $6.80 9.20 6.80
Spread fertilizer 1.90 1.60 1.90 1.60
Harrow 2.10 1.50 2.10 1.50
Seed (drill) 4.50 4.00 4.50 4.00
Total preharvest machinery $17.70 $13.90 $19.90 $15.90 $
Seed 3/
Oats 2 bu. $15.98 $
Alfalfa 8 lb. 45.60 15 lb. $85.50
Bromegrass 6 lb. 24.30
Orchardgrass 3 lb. 10.72
Total seed cost $96.59 $85.50 $
Herbicide $12.80
Lime (total cost for hay lifetime) $33.00 33.00
Labor @ $13.00 1 hr. $13.00 1 hr. $13.00 $
Total establishment costs $30.70 $143.49 $32.90 $147.20 $

Annual Costs Fixed Variable Fixed Variable

One-Third of Established Costs $10.23 $47.83 $10.97 $49.07 $
(for establishment year)
Fertilizer
Nitrogen 60 lb. $18.60 $
Phosphorus 45 lb. 15.30 35 lb. $11.90
Potash 130 lb. 32.50 125 lb. 31.25
Total fertilizer $66.40 $43.15 $
Insurance, oats $2.80 $
Labor @ $13.00 4 hr. $52.00 3 hr. $39.00 $
Land Cash rent equivalent $133.00 $133.00 $
Harvest Machinery
Oats: combine and haul grain $10.96 $6.13 $
rake, bale, and haul straw 12.10 9.35 $
Alfalfa: mower-conditioner, rake,
bale, and haul hay 18.47 14.37 $37.87 $30.17 $
Total harvest cost $41.53 $29.85 $37.87 $30.17 $
Total fixed and variable costs $236.76 $146.88 $220.83 $122.38 $
Total cost per acre $383.64 $343.22 $
1/
Assumes 80 bushels oat yield, one ton straw yield, and one ton per acre alfalfa yield from one cutting.
2/
Assumes two and a half tons per acre from two alfalfa cuttings with herbicide-assisted seeding.
3/
Omit oats from August seedings. Higher priced seed varieties or different seed mixtures could vary these costs by 1.2 to 2.0 times.
Page 10 Estimated Costs of Crop Production in Iowa - 2017

Annual Production Costs for Established Alfalfa or

Alfalfa-Grass Hay
Hay Production Level
4 tons per acre 1/ 6 tons per acre
Your
Fixed Variable Fixed Variable Estimate

One-third of establishment costs

Machinery, seed, lime, labor
and herbicide 2/ $10.23 $47.83 $10.97 $49.07 $
Annual fertilizer 3/

0-13-50 lbs/ton removed

plus spreading and insurance $1.90 $71.63 $3.80 $105.25 $
Harvesting Costs: Large Round Bales 4/
Mower-conditioner, rake, baling,
and hauling $57.27 $45.97 $77.60 $63.20 $
Labor costs: 1.33 hr./cutting
@ $13.00 per hour $52.00 $69.33 $
Land
Cash rent equivalent $133.00 $165.00 $
Total fixed and variable cost using
large round bales $254.40 $165.43 $326.70 $217.52 $
Fixed and variable cost per ton $63.60 $41.36 $54.45 $36.25 $
Total cost per acre $419.83 $544.22 $
Total cost per ton $104.96 $90.70 $
Harvesting Costs: Small Square Bales 4/
Mower-conditioner, rake, baling,
haul, and stack $54.50 $44.12 $74.00 $60.92 $
Labor costs: 2 hr./cutting $78.00 $104.00 $
@ $13.00 per hour
Land
Cash rent equivalent $133.00 $165.00 $
Total fixed and variable cost using
small square bales $277.63 $163.58 $357.77 $215.24 $
Fixed and variable cost per ton $69.41 $40.89 $59.63 $35.87 $
Total cost per acre $441.21 $573.01 $
Total cost per ton $110.30 $95.50 $

1/
For harvest as silage, use machine cost estimates from the Estimated Machinery Costs table.
2/
Assumes alfalfa-grass seeded with oat companion crop. If alfalfa seeded with preplant herbicide, then use other costs (see previous page).
3/
For 6-ton yield goal, a split application of fertilizer is assumed.
4/
Harvest cost estimates assume 3 cuttings for 4 tons and 4 cuttings for 6 tons.
Estimated Costs of Crop Production in Iowa - 2017 Page 11

Maintaining Grass Pastures - Annual Cost per Acre

Improved
Improved Grass 2/ Grass-Legume 3/
Your
Fixed Variable Fixed Variable Estimate

Machinery Costs
Spreading fertilizer $1.90 $1.60 $1.90 $1.60 $
Spraying herbicide 2.20 2.00
Clipping weeds 6.50 4.20 6.50 4.20

Total machinery cost $10.60 $7.80 $8.40 $5.80 $

Fertilizer and Herbicide 1/

Nitrogen @ $0.31 per lb. 80 lb. $24.80 $
Phosphate @ $0.34 per lb. 30 lb. 10.20 30 lb. $10.20
Potash @ $0.25 per lb. 40 lb. 10.00
Herbicide 11.20

Total fertilizer and herbicide $46.20 $20.20 $

Labor
Growing practices .5 hr. @ $13.00 $6.50 $6.50 $
Fence maintenance 1 hr. @ $13.00 13.00 13.00

Total labor $19.50 $19.50 $

Land
Cash rent equivalent $54.00 $80.00 $

Total annual cost $84.10 $54.00 $107.90 $26.00 $

Total annual cost per acre $138.10 $133.90 $

1/
These are average rates and may vary with soil test and the level of management on a particular field. Different herbicide alternatives
could vary this cost.
2/
Improved grass pastures assume a dominance of cool season grasses such as smooth bromegrass, orchardgrass, tall fescue, or reed
canarygrass.
3/
Improved grass-legume pasture assumed one-third of the forage is made up of red clover, birdsfoot trefoil, or alfalfa.
Page 12 Estimated Costs of Crop Production in Iowa - 2017

Estimated Machinery Costs

The following cost estimates are for on-farm use, excluding labor. Depreciation is based on current replacement
cost; interest is based on average market rates. Fixed costs will be greater for newer machinery. If annual machine
use is greater than that assumed, fixed costs per acre will be lower, and vice versa. Hauling costs are based on
a round trip of one mile. Remember these are estimates and they should not take the place of accurate record-
keeping. Diesel fuel is estimated to cost $2.49 per gallon, delivered to the farm in bulk.
Fixed Cost per Acre Variable Cost
Hours of Use (depreciation, interest, per Acre
Operation Assumed per Year insurance, housing) (fuel, oil, repairs)
Subsoiling (V-ripper) 120 $6.30 $7.50
Moldboard plow 120 9.00 9.50
Chisel plow 120 3.60 3.90
Chop stalks 120 4.90 4.80
Tandem disk 120 4.60 3.40
Offset disk 120 3.80 3.20
Peg tooth harrow 60 2.10 1.50
Sprayer/disk 120 3.70 2.90
Field cultivator 120 2.70 2.70
Disk/Field cultivator 120 2.60 2.60
Strip tiller 120 3.00 3.10
Bulk fertilizer spreader 60 1.90 1.60
NH3 applicator 120 4.30 4.40
Chisel plow, NH3 applic. 120 6.00 6.80
Grain drill 100 4.50 4.00
Broadcast seeder 100 2.90 1.70
Planter 100 5.80 4.80
No-till planter 100 7.40 6.30
No-till drill 100 9.00 7.60
Rotary hoe 60 1.80 1.10
Cultivator 120 2.60 2.30
Sprayer 150 2.20 2.00
Combine corn 180 13.00 6.70
Combine soybeans 120 8.30 4.10
Combine small grain 120 7.50 3.10
Haul grain (on farm) 600 0.043 /bu. 0.038 /bu.
Grain cart 200 6.20 3.00
Store grain (auger) 0.0175 /bu. 0.0194 /bu.
Silage harvester 200 49.20 31.00
Haul silage 140 1.33 /ton 1.27 /ton
Store silage (unloader) 0.42 /ton 0.13 /ton
Rotary mower 120 6.50 4.20
Mower-conditioner 120 5.40 4.30
Rake 120 3.10 2.00
Small square baler 120 7.00 /cutting 4.20 /cutting
Round baler 120 8.10 5.20
Large square baler 120 8.60 6.20
Windrower 200 3.00 2.10
Forage chopper 200 17.80 13.60
Haul small square bales 120 2.00 /ton 3.15 /ton
Haul large round bales 120 1.87 /ton 2.87 /ton
Estimated Costs of Crop Production in Iowa - 2017 Page 13

Estimated Crop Production Costs in Iowa, 2008-2017

2008 2009 20101/ 2011 2012 2013 2014 2015 2016 2017
Corn Following Corn
Machinery $110.88 $115.99 $124.25 $152.73 $147.37 $147.37 $155.29 $144.99 $129.92 $119.83
Seed, chemicals, etc. 271.97 387.44 290.78 341.92 376.81 372.43 340.27 357.80 330.55 287.19
Labor 31.35 31.35 31.35 33.06 33.35 34.91 37.05 37.05 37.05 36.40
Land 190.00 205.00 195.00 215.00 258.00 276.00 287.00 273.00 266.00 230.00
Total cost per acre 604.20 739.77 641.37 742.70 815.53 830.70 819.61 812.83 763.52 673.41
Assumed yield 145 bu 145 bu 165 bu 165 bu 165 bu 165 bu 165 bu 165 bu 165 bu 165 bu
Total cost per bushel $4.17 $5.10 $3.89 $4.50 $4.94 $5.03 $4.97 $4.93 $4.63 $4.08
Corn Following Soybeans
Machinery $107.88 $113.98 $122.42 $151.54 $144.22 $144.22 $152.28 $142.18 $126.74 $116.56
Seed, chemicals, etc. 230.35 344.03 266.48 300.13 329.14 324.61 298.80 311.84 292.47 251.48
Labor 28.60 28.60 28.60 30.16 30.42 31.85 33.80 33.80 33.80 33.15
Land 190.00 205.00 195.00 215.00 258.00 276.00 287.00 273.00 266.00 230.00
Total cost per acre 556.83 691.61 612.50 696.83 761.78 776.68 771.88 760.81 719.01 631.18
Assumed yield 160 bu 160 bu 180 bu 180 bu 180 bu 180 bu 180 bu 180 bu 180 bu 180 bu
Total cost per bushel $3.48 $4.32 $3.40 $3.87 $4.23 $4.31 $4.29 $4.23 $3.99 $3.51
Soybeans Following Corn2/
Machinery $48.50 $55.80 $57.70 $72.70 $80.70 $80.70 $84.70 $79.17 $75.43 $67.40
Seed, chemicals, etc. 124.16 202.85 154.00 156.52 180.89 163.44 155.65 166.38 162.63 157.11
Labor 26.95 26.95 26.95 28.42 26.33 27.56 29.25 29.25 29.25 28.60
Land 190.00 205.00 195.00 215.00 258.00 276.00 287.00 273.00 266.00 230.00
Total cost per acre 389.61 490.60 433.65 472.64 545.91 547.71 556.60 547.80 533.30 483.11
Assumed yield 50 bu 50 bu 50 bu 50 bu 50 bu 50 bu 50 bu 50 bu 50 bu 50 bu
Total cost per bushel $7.79 $9.81 $8.67 $9.45 $10.92 $10.95 $11.13 $10.96 $10.67 $9.66
Alfalfa Hay, annual production, 6 ton per acre, large round bales
One-third of est. costs $46.23 $38.97 $54.28 $52.75 $52.48 $54.25 $58.17 $60.62 $57.93 $60.03
Annual fertilizer 126.00 294.60 170.24 199.82 227.92 200.94 164.14 166.88 148.21 109.05
Harvest machinery 96.60 102.90 107.00 159.60 174.50 174.50 179.60 167.60 159.20 140.80
Labor 58.67 58.67 58.67 61.87 62.40 65.33 69.33 69.33 69.33 69.33
Land 125.00 125.00 113.00 124.00 150.00 161.00 167.00 167.00 170.00 165.00
Total cost per acre 452.50 632.27 503.19 598.04 667.30 656.02 638.24 631.43 604.67 544.22
Assumed yield 6 ton 6 ton 6 ton 6 ton 6 ton 6 ton 6 ton 6 ton 6 ton 6 ton
Total cost per ton $75.42 $105.38 $83.86 $99.67 $111.22 $109.34 $106.37 $105.24 $100.78 $90.70
1/
Starting 2010 corn yields adjusted.
2/
Soybean estimates are for herbicide tolerant varieties.

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