chemisttree
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Average yield of corn per acre in US is about 140 bushels per acre.
Average yield of soybean per acre in US is about 33 bushels per acre.
In Illinois, the breakeven price for corn is $3 per bushel and for soybean is $8.(http://www.farmdoc.uiuc.edu/manage/newsletters/fefo07_17/fefo07_17.html )
I think corn is going for about $4.50 per bushel and soybean is going for about $12 per bushel.
Total income per acre for corn is (4.5-3)*140 = $210 per acre
Total income per acre for beans is (12-8)*33 = $132 per acre
I know what crop I would go for...
Average yield of soybean per acre in US is about 33 bushels per acre.
In Illinois, the breakeven price for corn is $3 per bushel and for soybean is $8.(http://www.farmdoc.uiuc.edu/manage/newsletters/fefo07_17/fefo07_17.html )
I think corn is going for about $4.50 per bushel and soybean is going for about $12 per bushel.
Total income per acre for corn is (4.5-3)*140 = $210 per acre
Total income per acre for beans is (12-8)*33 = $132 per acre
I know what crop I would go for...
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