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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.
3 improved grass legume pasture assumed one third of the forage is made up of red clover birdsfoot trefoil or alfalfa page 12 estimated costs of crop production in iowa 2015 estimated machinery costs the following cost estimates are for on farm use excluding laborhe wage rate used here is $ 13 00 per hour the hours assumed per crop are presented in the budgets the hours per crop acre include not only the ï¬ eld work but also time for maintenance travel and other activities related to crop production the land charge is based on rent equivalent