Publication 60—Silage Corn

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Publication 60—Silage Corn

Author:	John Molenhuis - Business Analysis and Cost of Production Program Lead/OMAFRA
Creation Date:	11 December 2008
Last Reviewed:	09 April 2009

Silage Corn

Operating Expenses	Sample Costs/Acre	Your Farm Budget
Seed - 31,000 kernels, treated	70.50
Fertilizer - 115 kg/ha N (410 kg/ha of 28-0-0 U.A.N)	85.75
Fertilizer - 20 kg/ha P	14.60
Fertilizer - 50 kg/ha K	32.30
Herbicide - annual grass and broadleaf weeds	43.90
Herbicide - other weed control, if required
Insecticide if required
Tractor and Machine Expenses - Fuel (28 L) and lubricants	26.90
Tractor and Machine Expenses - Repairs and maintenance	20.60
Silo repair and maintenance
Crop insurance	15.00
Silage inoculant
Custom work (fertilizer application, mixing & delivery)	9.05
Custom work (pesticide applications, if required)	9.00
Custom work (other)
Land rent
Operator labour (self or hired)	28.60
Interest on operating	8.90
Total Operating Expenses	365.10

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	36.00
Machinery - Interest on investment	27.00
Land
Other overhead	5.80
Total Expenses	433.90
Breakeven price on your farm is: (total expenses/expected yield)

1.Nitrogen rate is based on the NEW nitrogen rate calculator. Nitrogen recommendation is for corn grown in southwestern/central Ontario, 2800 HU, clay loam soil, following wheat, with projected corn yield of 137 bu/ac, and nitrogen cost of $1.87/kg and corn price of $4.50/bu.

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

2009 Crop Comparison Summary Table for Selected Field Crops ($/acre)*

| Coloured Beans | Grain Corn | Grain Corn - Genetically Enhanced Hybrids |

| Silage Corn | Flax | Oats |

| Organic - Grain Corn and Soybeans | Organic - Winter Wheat and Spelt | Organic - Barley and Oats |

| Soybeans | Soft Winter Wheat | Hard Red Winter Wheat |

| Hard Red Spring Wheat | White/Black Beans |

| Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA) Resources |

| Related Links |

For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca