what's the price of soybeans
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Corn, soybean prices projected to increase, USDA says The U.S. season-average soybean price for 2013/14 is forecast at $10.35 to $12.35 per bushel, up 60 cents on both ends. Global oilseed production for 2013/14 is projected at 493.1 million tons, up 0.2 million tons from last month.
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- Smaller seeded at 2,941 seeds/lb. $19.75 per 50 lb unit. bio gene roundup ready soybean seed Bio Gene Roundup Ready and Xtend varieties are sold in pricing units of 140,000 seeds per unit.
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- Cost of production for soybeans at the 50 bushel per acre yield level is $11.13 per bushel, according to ISU's estimate. That's perhaps up a couple percent from 2013, as soybeans don't share the fertilizer price decline as much as corn does—since corn is the heavier user of fertilizer.
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What is the price per unit for a bushel of sorghum? For soybeans, you don't even need a converter, sites like the one below display the price both by the bushel or the tonne (metric ton). But if you need one, you can just mul … tiply the dollar price per bushel by 36.743 to get the price per tonne.
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Grain prices fall sharply after USDA releases Grain Supply and Demand report The CBOT soybean futures price for “new crop” 2016 soybeans closed at $10.57 per bushel on July 12, following the latest USDA Supply and Demand Report, which compares to $11.53 per bushel on June 30, the day of the USDA Acreage Report.
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- Land costs for beans came to $30 an acre for taxes and annually adjusted net rent of $132 for a total of $182. Total costs per acre amounted to $524 (off 1 percent from the prior year). Northern Illinois soybean yields among FBFM growers averaged 56 bushels last year.
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- Depending on the rotation, crop production costs vary. For corn following soybeans, with a medium yield of 180 bushels of corn per acre, $4.29 per bushel is the estimated corn production cost for 2014. For corn following corn, ISU estimates a cost of $4.97 per bushel.ost of production for soybeans is estimated at $11.13 per bushel. Corn futures prices are currently trading at around $4.50 a bushel, and new crop November 2014 beans are around $11.46 a bushel.
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- Non-land costs for soybeans are projected at $308 per acre in 2013, $2 per acre higher than the 2012 non-land costs of $306 per acre (see Table 1). Fertilizer costs are projected to be down in 2013: $58 per acre in 2012 compared to $53 in 2013.
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- In this context, he mentioned that in neighbouring India per-kg soybean oil now sells at a price equivalent to Bangladeshi Tk 120.68. He said a high-powered institutional market-monitoring committee would be formed, headed by him, with members drawn from Bangladesh Bank, NBR, BDR, and representatives of importers and wholesalers associations.
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- Their nonland cost per bushel for growing beans last year was $6.11, their total cost $9.36. The 2007-10 average soybean yield in northern Illinois for these farms was 52 bushels, with nonland costs of $6.58 a bushel on average across the past three years.
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-  Soybeans are Minnesota’s top export commodity, with an export value of $1.8 billion, followed by corn at $829 million and wheat at $377 million.  Crops and related products account for 80% of Minnesota’s total agricultural exports.
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- Cost of production for soybeans is estimated at $11.13 per bushel. Corn futures prices are currently trading at around $4.50 a bushel, and new crop November 2014 beans are around $11.46 a bushel.or corn, there is little change in production cost for 2014 versus 2013, according to ISU estimates. Cost per acre and cost per bushel are actually going to decrease slightly for 2014. No major changes, but fertilizer costs are down, as is the cost of crop insurance.
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Input Costs Projected to Rise for 2014 this will pinch producer margins.. USDA estimates production costs for the 2014 growing season to be up $6.58 per acre from 2013 for soybeans, $5.38 for corn and $3.83 for wheat.The largest increases stem from capital recovery, the cost of depreciation and interest for farm machines and equipment, and land.his will pinch producer margins.. USDA estimates production costs for the 2014 growing season to be up $6.58 per acre from 2013 for soybeans, $5.38 for corn and $3.83 for wheat.
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NOTE: An updated look at costs of production â and the 2017 USDA data- is availablehere. The 2016 cost of production estimates for corn, soybeans, and wheat show costs nearly the same as those forecast for 2015. To be specific the budgeted costs range from $8.48 (corn) to $5.00 per acre (wheat) higher than 2015.
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- Prepared for the United Soybean Board (1993). The Vegetable Oil Market: New Challenges and Opportunities 12. ENROLLMENT FORM Yes, I want to participate in the special multi-client study, The Vegetable Oil Market: New Challenges and Opportunities. The cost of the study for current Sparks clients will be $14,500 and $16,500 for non-clients.
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The Seed Market The Seed Market. The table gives the amount of seed in each bag and how many acres each bag will plant. For example, if you are planning to plant 100 acres with soybeans and you know that a 60 lb. bag of soybean seed will plant one acre, you will multiply 100 acres by the cost of the bag, $15.49, to find the total cost of planting your soybeans. Total the cost for all your seed for these three crops.
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Price increases could impact crop insurance payments for 2014 The average price of CBOT November soybean futures during October is used to as the soybean harvest price. As of October 27, the estimated RP harvest prices were $3.44 per bushel for corn and $9.48 per bushel for soybeans.
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Average cost of production: $4.23 corn, $10.96 soybeans Iowa State University just released its 2015 crop-production estimates, and I hope your figures look better than these guidelines. That won’t be easy, I’m afraid, but then actual costs can vary greatly. Based on $273/acre rent, they’re talking $4.23 per bushel to produce corn and $10.96 soybeans. Wow! You save 2¢/bushel by planting non-traited soybeans, and another 2-8¢ by strip-tilling instead of conventional tilling.
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- GRAINS-Soybean prices fall to 4-mth low, set for third weekly loss. Thursday, 23 Mar 2017 | 10:40 PM ET SYDNEY, March 24- U.S. soybeans dropped 0.5 percent to hit their lowest in four months on Friday, with ample global supply pushing the oilseed towards its third straight weekly decline.
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Computing a Cropland Cash Rental Rate For example, assume the average rental rates in your county are $1.25 per bushel for corn and $4.40 per bushel for soybeans, based on the latest survey information. If your farm has an average corn yield of 160 bu. per acre this results in a rental rate of $200 ($1.25 x 160 bu.
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- The $717 per ton price in October 2014 is $39 per acre higher than the October 2013 price of $678 per ton. This price change favors soybean production. However, the $717 price is $57 per acre below the $774 average price for the 2009 through 2014 production years.
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NOTE: An updated look at costs of production â and the 2017 USDA data- is availablehere. The 2016 cost of production estimates for corn, soybeans, and wheat show costs nearly the same as those forecast for 2015. To be specific the budgeted costs range from $8.48 (corn) to $5.00 per acre (wheat) higher than 2015.or instance, at the estimated trend yield of 166 bushels per acre for corn the costs of production would be $4.11 per bushel. Using this approach soybeans and wheat come in at costs of $10.65 and $6.50 per bushel respectively.
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- Depending on the rotation, crop production costs vary. For corn following soybeans, with a medium yield of 180 bushels of corn per acre, $4.29 per bushel is the estimated corn production cost for 2014. For corn following corn, ISU estimates a cost of $4.97 per bushel.
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- Net farm income averaged $65 per acre across all grain farms in the sample, with corn prices averaging just under $2/bu and soybean prices averaging just under $5/bu. This second time period is one of moderate farm profits with an average net farm income of $95/acre from 2002 to 2004.Over this period, corn prices ranged from $2.14/bu to $2.42/bu and soybean prices ranged from $5.61/bu to $7.51/bu.his second time period is one of moderate farm profits with an average net farm income of $95/acre from 2002 to 2004. Over this period, corn prices ranged from $2.14/bu to $2.42/bu and soybean prices ranged from $5.61/bu to $7.51/bu.
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- Prices for soybeans and soybean meal are projected higher this month. The U.S. season average soybean price range for 2013-2014 is projected at $11.50 to $13.50 per bushel, up 35 cents on both ends of the range. The soybean meal price is projected at $400 to $440 per short ton, up 25 dollars on both ends of the range.
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- Recommended citation format: Schnitkey, G.  Cost Cutting for 2016: Budgeting for $4 Corn and $9.25 Soybeans . farmdoc daily (5):141, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, August 4, 2015.