Soybean (Dryland) Planning Budget

Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See Missouri Crop Budgets (XLSX) for related information.

Raymond Massey
Professor, Agricultural Business and Policy Extension

Ben Brown
Senior Research Associate, Agricultural Business and Policy Extension

Abstract

Using this planning budget, soybean farmers may estimate their costs and returns for 2023. Table 1 presents estimates for dryland soybean production in northern, central and southwest Missouri. Assumptions were based on price forecasts as of October 2022. Detailed prices and practices are summarized in Tables 2 and 3. The production practices used to develop these cost estimates are common for Missouri farms. Use the “Your estimate” column to plan your operation’s costs and returns for 2023.

Topics

• Dryland soybean
• Farm budget

Pages

• 2