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This document provides estimated costs for crop production, including corn, soybeans, alfalfa, and pasture maintenance in Iowa, based on various data sources and farming practices.
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How to fill out Estimated Costs of Crop Production in Iowa – 2004
01
Gather all relevant data for your specific crops, including seed costs, fertilizer, and pesticide expenses.
02
Review local market prices for crops in Iowa to estimate revenues.
03
Calculate variable costs, including labor and operational expenses, for each crop.
04
Estimate fixed costs such as land rent, equipment costs, and property taxes.
05
Sum total estimated costs and revenues for each crop to determine profitability.
06
Review the completed estimate for accuracy and make adjustments as needed based on local economic conditions.
Who needs Estimated Costs of Crop Production in Iowa – 2004?
01
Farmers and agricultural producers looking to budget their crop production.
02
Agricultural extension agents and consultants needing a reference for advising producers.
03
Financial institutions assessing loan applications from farmers.
04
Researchers and policymakers studying the agricultural economy in Iowa.
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People Also Ask about
What is the agricultural production in Iowa?
Iowa's farms rank #1 nationally, producing more corn, pigs, eggs, ethanol, and biodiesel than any other state in the country.
How much does it cost to plant an acre of corn in Iowa?
For 2025, the average charge per acre including tillage, planting, pest control, harvesting, and hauling to farm (no drying) is $165.75 per acre for corn, $154.50 for soybeans, and $199.65 for small grains.
How much corn comes out of Iowa?
USDA is an equal opportunity employer and provider. Corn for grain production in Iowa for 2022 was estimated at 2.48 billion bushels, ing to the USDA, National Agricultural Statistics Service – Crop Production 2022 Summary. Current year production was down 2 percent from the previous year's 2.54 billion bushels.
What is Iowa #1 in agriculture?
Yes, Iowa's farms lead the nation in corn, pigs and eggs, but there's so much more!
How much does it cost to grow a bushel of corn?
The production costs for a bushel of corn ranged from an average of $1.19 per bushel for those farmers in the lowest quartile to $3.67 per bushel for corn farmers in the highest quartile, ranked by production costs per bushel.
How much corn does the state of Iowa produce?
Corn for grain production in Iowa for 2023 was estimated at 2.52 billion bushels, ing to the USDA, National Agricultural Statistics Service – Crop Production 2023 Summary. Current year production was up 2 percent from the previous year's 2.47 billion bushels.
How much of the US corn does Iowa produce?
Iowa produces: 18.1% of the nation's corn supply. 13.3% of the nation's soybeans. 17% of the nation's eggs.
Which US state produces the most corn?
Iowa. Iowa, the largest producer of corn in the United States, grows three times as much corn as Mexico.
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What is Estimated Costs of Crop Production in Iowa – 2004?
Estimated Costs of Crop Production in Iowa – 2004 provides a comprehensive overview of anticipated expenses associated with growing various crops in the state for the year 2004, including inputs such as seeds, fertilizers, and labor.
Who is required to file Estimated Costs of Crop Production in Iowa – 2004?
Farmers and agricultural producers in Iowa who wish to assess and manage their crop production costs are required to file Estimated Costs of Crop Production in Iowa – 2004.
How to fill out Estimated Costs of Crop Production in Iowa – 2004?
To fill out the Estimated Costs of Crop Production in Iowa – 2004, producers need to gather data on various cost inputs, reference the provided categories in the form, and accurately enter estimated costs based on their specific production methods and circumstances.
What is the purpose of Estimated Costs of Crop Production in Iowa – 2004?
The purpose of Estimated Costs of Crop Production in Iowa – 2004 is to assist farmers in budgeting and financial planning by providing a framework for understanding potential crop production costs.
What information must be reported on Estimated Costs of Crop Production in Iowa – 2004?
The information that must be reported includes detailed categories of costs such as machinery operation, seed, fertilizer, chemicals, labor, land rent, and other direct expenses related to crop production.
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