![Estimated Costs of Crop Production [Ag Decision Maker]](/files/styles/3_2_300x200/public/2024-12/estimated_costs_of_crop_production_%5Bag_decision_maker%5D.png?itok=ydY6yr0R)
Estimated Costs of Crop Production [Ag Decision Maker]
The estimated costs of corn, corn silage, soybean, alfalfa, and pasture maintenance in this report are based on data from several sources. They include the annual Iowa Farm Business Association record summaries, production and costs data from the Departments of Economics, Agricultural and Biosystems Engineering, and Agronomy at Iowa State University, and a survey of selected agricultural cooperatives and other input suppliers around the state. These cost estimates intend to represent average costs for farms in Iowa. Very large or small farms may have lower or higher fixed costs per acre. Starting in 2023, projected land costs are based on the previous year's results in the Cash Rental Rates for Iowa Survey, and a poll of the Iowa State University Extension and Outreach Farm Management team and Farm Financial Associates.