HIGH OIL CORN - UPDATED FOR 2003
INCOME/RETURNS
Regular Hybrid Corn
High Oil Corn with 3% Lower Yield
2
High Oil Corn with Equal Yield
3
Production
bu/acre
bu/acre
bu/acre
Price/Bushel
$
$
$
Premium
(Average $.24;
Premium decreases one cent per tenth of a percent of oil content)
$
$
$
$
$
VARIABLE/EXPENSES
Regular Hybrid Corn
High Oil Corn with 3% Lower Yield
High Oil Corn with Equal Yield
Soil Fertility
$
$
$
Pesticides
$
$
$
Seed
$
$
$
Drying
$
$
$
Mchy. Rep., fuel & hire
$
$
$
Storage
$
$
$
Additional Transportation
$
$
Operating Interest
$
$
$
Other Costs
$
$
$
$
$
$
RETURN OVER VARIABLE EXPENSES
Regular Hybrid Corn
High Oil Corn with 3% Lower Yield
High Oil Corn with Equal Yield
Increased Profit Potential/Acre
$
$
$
Added Value
$
$