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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.
Last year we produced 60 bushels of soybeans an acre and it cost us $10.12 a bushel and going by current prices we will need the yields to go up to 73 bushels per acre, said Jim Miller, vice chairman of the U.S. Soybean Export Council who farms corn and soybeans in Nebraska. We are not going to get that..