Publication 60—Silage Corn

Silage Corn

Operating Expenses	Sample Costs/Acre	Your Farm Budget
Seed - 31,000 kernels, with seed treatment	108.05
Fertilizer1 - 155 kg/ha N (554 kg/ha of 28-0-0 U.A.N)	94.80
Fertilizer1 - 20 kg/ha P	9.65
Fertilizer1 - 50 kg/ha K	23.50
Herbicide - annual grass and broadleaf weeds	6.90
Herbicide - other weed control, if required
Insecticide if required
Tractor and Machine Expenses - Fuel (37 L) and lubricants	44.25
Tractor and Machine Expenses - Repairs and maintenance	21.85
Silo repair and maintenance
Crop insurance	14.05
Silage inoculant
Custom work (fertilizer application, mixing & delivery)	10.20
Custom work (pesticide applications)	10.20
Custom work (other)
Land rent
Operator labour (self or hired)	31.00
Interest on operating	7.50
Total Operating Expenses	381.95

 

Revenue	Your Farm Budget
Expected yield _______________
Expected price _______________
Total Market Revenue (Yield x Price)
Program payment
Total Revenue
Gross Margin (Revenue - Operating Expenses)

Overhead Expenses	Sample Costs/Acre	Your Farm Budget
Machinery - Depreciation	37.95
Machinery - Interest on investment	20.50
Land
Other overhead	8.80
Total Expenses	449.20
Breakeven price on your farm is: (total expenses/expected yield)

¹ Nitrogen rate is based on the nitrogen rate calculator. Nitrogen recommendation is for corn grown in southwestern/central Ontario, 2,800 heat units, clay loam soil, following wheat with straw removed, with projected corn yield of 150 bu/ac, and nitrogen cost of $1.53/kg and corn price of $6.00/bu.

See www.gocorn.net for more accurate nitrogen requirements for corn. A CD version is available from OMAFRA's Agricultural Information Contact Centre at 1-877-424-1300.

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