How much money is a bushel of soybeans?
How much money is a bushel of soybeans?
In the report, the market year average (MYA) prices for 2021 are projected at $5.70 per bushel for corn and $13.85 per bushel for soybean.
How do you raise an 80 bushel of soybeans?
“If you want to grow over 80-bushel beans, you have to provide soybeans some form of nitrogen.” He normally combines 50 pounds per acre of 32% N and an N inhibitor with a preplant herbicide. Soybeans often go through a two- to three-week “ugly” phase early in the season, where they are yellowed and stunted.
What is a bushel of soybean?
A bushel of soybeans is roughly enough dry beans to fill eight gallons or 2,150.42 cubic inches of space, the capacity of a traditional bushel basket. That is the equivalent of 60 pounds of soybeans. In the Bible, bushels were used as containers for grains, seeds and flour.
How much is an acre of soybeans worth 2020?
Average costs per acre for soybean ranged from $168 to $204 and average cost per bushel ranged from $3.30 to $4.19. Average returns per acre ranged from $62 to $194. Better efficiency (low cost per bushel) occurs with higher yields. Table 1.
How much money can you make per acre of soybeans?
Soybeans in 2019 For 2019, crop revenue for soybeans was $547 per acre based on a 64 bushel per acre yield and an $8.55 per bushel price. Soybean crop revenue in 2019 includes $10 per acre for ARC/PLC and $82 per acre for MFP payments, the same as for corn.
How do you get big soybean yields?
9 steps to higher soybean yields
- Spend time on variety selection.
- Know your fields and consider your cropping system.
- Maintain your fertility foundation.
- Plant early and consider prescription planting and variable variety placement.
- Use of seed treatments and inoculants.
- Use a preemergence herbicide.
How many bushels of soybeans are in an acre?
The 2019 soybean yield was 47.4 bushels per acre and the five-year average yield for soybeans sits at 49.5 bushels per acre.
How many soybean seeds are in a bushel?
Remember that stress and early fall weather conditions can greatly affect seed size. An average value for soybean seed weight used in the yield estimation equation is 3,000 seeds per pound in a 60 lb. bushel.
What is the most profitable crop per acre?
Bamboo is one of the most profitable crops to grow per acre. It can bring in lots of revenue, but the catch is it takes about three (3) years for the bamboo to get “established” once planted.
How many bushels of soybeans can you get per acre?
The 2021 estimated soybean yield compares to other recent national average soybean yields of 47.4 bushels per acre in 2019, 51.6 bushels per acre in 2018, 49.1 bushels per acre in 2017 and the record U.S. average soybean yield of 52.1 bushels per acre in 2016.
How much do soybeans cost per acre?
How much does it cost to plant soybeans per acre? Average costs per acre for soybean ranged from $168 to $204 and average cost per bushel ranged from $3.30 to $4.19. Average returns per acre ranged from $62 to $194. Better efficiency (low cost per bushel) occurs with higher yields.
How many soybeans should you plant per acre?
Use soybean seed inoculant. Soybean bags contain approximately 170,000 seeds. Plant at least 1 bag/acre if using a seed drill or planter and at least 1 ½ bags per acre if broadcasting. Inoculating your soybean seed is recommended. Seed size is approximately 4,250 seeds/lb.
How many pounds are in bushel of soybeans?
A bushel of unshelled lima beans is 30 pounds, but cowpeas run 60 pounds per bushel. Cotton weighs in at 32 pounds a bushel, while flax is 60 pounds. Although a bushel of oats weighs 32 pounds, a bushel of either wheat or soybeans is 60 pounds.
What is the yield of soybeans per acre?
Soybean is grown on 1.2 to 1.4 million acres in North Carolina annually, with an average yield of 28 to 29 bushels per acre. This is the highest acreage of any row crop in the state, and North Carolina is the largest soybean producer on the east coast. Almost half of the crop is grown following small grains or vegetable crops.
