HIGH OLEIC HIGH OIL CORN - UPDATED FOR 2003

INCOME/RETURNS

  Regular Hybrid Corn High Oleic Corn
5% Lower Yield
High Oleic Corn
Equal Yield
Production bu/acre bu/acre bu/acre
Price/Bushel $ $ $
Premium:
(includes bonus and
production incentive.)

  $ $
Quality Incentives
(currently included in
above premium)


  $ $
$ $ $

VARIABLE/EXPENSES

  Regular Hybrid Corn High Oleic Corn
5% Lower Yield
High Oleic Corn
Equal Yield
Fertilizer and Lime $ $ $
Pesticides $ $ $
Seed $ $ $
Drying $ $ $
Mchy. Rep., fuel & hire $ $ $
Storage $ $ $
Additional Transportation   $ $
Operating Interest $ $ $
Other Costs $ $ $
$ $ $

RETURN OVER VARIABLE EXPENSES
  Regular Hybrid Corn High Oleic Corn
5% Lower Yield
High Oleic Corn
Equal Yield
Increased Profit Potential/Acre $ $ $
Added Value   $ $