Fertilizer Cost Per Acre 2024. You can hire a pro to apply fertilizer on your lawn for $103 to $343 per visit. Farmdocdaily from the university of illinois reports seed costs are projected to reach a record $126 per acre in illinois for both the 2023 and 2024 crop years.
We’re taking a look at idaho crop economics with a breakdown of input costs such as seed, fertilizer and labor, along with projections for 2024, offering valuable. The lower costs predominately come from fertilizer price reductions.
Fertilizer Costs In 2024 Are Expected To Be Approximately 19 Percent Lower Than What They Were In 2023.
The wage rate used here is $19.00 per hour.
Table 1 Uses Those Prices And Purdue Crop Budget Projections To Report.
Currently, fertilizer is $115 per acre higher than 2021 levels.
However, When Deciding Among Alternative.
Labor has been treated as a fixed cost because most labor on iowa farms is supplied by the operator, family, or permanent hired labor.
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Crop Budgets For Three Yield Levels1.
However, fertilizer costs are still expected to be $39 per acre ($0.21 per.
Labor Has Been Treated As A Fixed Cost Because Most Labor On Iowa Farms Is Supplied By The Operator, Family, Or Permanent Hired Labor.
In 2021, fertilizer cost per acre is projected to be $111 per acre ($0.62 per bushel).
For 2024, Spring Crop Insurance Prices Are $4.66 For Corn And $11.57 For Soybeans.
However, when deciding among alternative crops, labor should be considered a variable cost.