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Wrapping it Up. The USDA cost of production estimates suggest that 2016 input costs will be similar to 2015. With prices at current levels, this would mean another challenging year for many farmers.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.
1 A high proportion of production costs is cash costs. 2  The only two costs in Table 1 that clearly are not cash costs are machinery depreciation ($60 per acre) and building depreciation ($7). 3  For cash rent farmland, only 9% of costs are non-cash ($67 depreciation / $872 total costs).hird, prices in the $3.75 per bushel range are not new. Farmers likely averaged near $3.70 per bushel for 2014 production. Given current expectations, much of 2015 production could be sold at below $4.00 prices. Therefore, 2016 could be the third year of sub $4.00 corn prices if corn prices remain low.