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  • Mf3146 Wheat Cost-return Budget In Southwest Kansas - Ksre Ksu

Get Mf3146 Wheat Cost-return Budget In Southwest Kansas - Ksre Ksu

Farm Management Guide MF3146 Wheat Cost-Return Budget in Southwest Kansas Department of Agricultural Economics www.agmanager.info Kansas State University Agricultural Experiment Station and Cooperative.

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How to fill out the MF3146 Wheat Cost-Return Budget in Southwest Kansas online

The MF3146 Wheat Cost-Return Budget is an essential tool for farmers in Southwest Kansas to evaluate the potential costs and returns for wheat production. This guide provides step-by-step instructions to help users complete the form accurately and effectively, ensuring that they can make informed decisions about their farming operations.

Follow the steps to fill out the MF3146 Wheat Cost-Return Budget online

  1. Click the ‘Get Form’ button to access the form, allowing you to begin filling it out in the editor.
  2. In the section labeled 'Income Per Acre', enter the expected yield per acre based on your specific farming context. Use accurate estimates based on your land’s productive capability.
  3. For the price per bushel, input the forecasted harvest price for wheat in your region. Consider utilizing historical price data and local market conditions.
  4. Complete the fields for net government payments, indemnity payments, and any miscellaneous income that may contribute to your total returns.
  5. Calculate the returns per acre using the formula provided: (Yield per acre × Price per bushel) + Net government payment + Indemnity payments + Miscellaneous income.
  6. In the 'Costs Per Acre' section, detail the various production costs such as seed, herbicide, insecticide, and fertilizers. Input costs based on your specific farming practices.
  7. If applicable, enter costs associated with crop consulting, crop insurance, and machinery expenses. Ensure all costs are reflective of current market rates.
  8. Summarize your total costs and returns by calculating the total costs and understanding the impact on your bottom line with the returns over costs formula.
  9. Review all entered data for accuracy before proceeding to download or print the completed document.
  10. Once you are satisfied with your entries, save your changes, and utilize the options available to download, print, or share the completed form.

Start filling out your MF3146 Wheat Cost-Return Budget today to gain insights into your wheat production costs and returns.

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Nearly one-fifth of all wheat grown in the United States is grown in Kansas. This is why it is called the Wheat State and Breadbasket of the World. Annual average wheat production in Kansas for the past five years has been about 328 million bushels harvested from an average 8.5 million acres.

Today approximately 90% of the land area of Kansas is devoted to agriculture production. Besides wheat,the most important crops in Kansas are corn, soybeans, grain sorghum (milo) and hay. A 2010 Kansas Farm Bureau report states that Kansas leads the nation in the production of both wheat and grain sorghum.

In contrast, wheat had a return of $20 per acre and double-crop soybeans had a return of $99 per acre. The break-even price for wheat is $4.86 per bushel. It was $6.76 per bushel for double-crop soybeans. ... The wheat market is currently offering profit potential.

Total cost per acre to produce soybeans increased, from $637 per acre in 2017 to $644 per acre in 2018. Power and equipment costs as well as land costs accounted for most of the increase.

For corn, seed costs are $118 per acre for 2016, with projections of $118 per acre for 2017 and $117 per acre for 2018.

Variable (out-of-pocket) costs for wheat are estimated to be $170 per acre. Using 35 bushel per acre production, the break-even price per bushel would be $4.86. If production could be increased 14 percent to 40 bushels per acre, the breakeven price would be $4.25.

The state also ranks first in flour milling capacity. According to estimates prepared by the Kansas Department of Agriculture and based on the IMPLAN economic data model, the wheat industry in Kansas has a direct output of over $1.44 billion and creates 3,215 jobs in the state.

Kansas has a strong agricultural tradition that predates its statehood, and agriculture continues to be a significant contributor to the state's economic well-being. Today, Kansas is a leader in wheat, grain sorghum and beef production.

The lower 10 percent of these farm professionals make less than $35,020, and the top 10 percent receive earnings of more than $126,070. The average farmer salary varies depending on how well the crops do and changes in operational costs for farmers.

The lower 10 percent of these farm professionals make less than $35,020, and the top 10 percent receive earnings of more than $126,070. The average farmer salary varies depending on how well the crops do and changes in operational costs for farmers.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232