CROP COMPARISON: NON-GMO VERSUS GMO SOYBEANS

GMO SOYBEANS NON-GMO SOYBEANS YOUR NUMBERS

ANTICIPATED RETURNS:
1 2 3 4 Yield Per Acre (bushels) Crop Price Per Bushel* Government Payments & Other Crop Income Per Acre Gross Revenue Per Acre $ $ 51.81 11.62 25.86 $ $ 50.29 13.70 44.04

1.00 bu
$0.00

$0.00 $0.00

$ 627.89

$ 733.01

ANTICIPATED COSTS PER ACRE: ** 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Seed Fertilizer Chemicals Crop Insurance Land Rent or Ownership Cost Crop Marketing/Storage Miscellaneous Crop Expense Fuel & Oil Repairs Custom Hire Miscellaneous Overhead Operating Interest Machinery & Building Depreciation Labor & Management Charge Total Expenses $ $ $ $ 50.00 10.00 25.00 16.00 $ $ $ $ 42.00 6.00 29.00 21.00

$0.00

$0.00
$0.00

$0.00

$ 169.00 $ $ $ $ $ $ $ $ $ 2.00 16.00 18.00 28.00 7.00 11.00 8.00 42.00 34.31

$ 171.00 $ $ $ $ $ $ $ $ $ 14.00 18.00 28.00 6.00 11.00 8.00 35.00 29.61

$0.00
$0.00

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00

$0.00
$0.00

$ 436.31

$ 418.61

20

Net Return Per Acre (Gross Revenue minus Total Expenses)

$ 191.58

$ 314.40

$0.00

21

Breakeven Price Per Bushel

8.42

8.32

$0.00
CLEAR FORM

*Crop price for GMO is cash forward contracts at All-American, Stewartville (New Crop delivery). Estimated price updated on 2/6/12 2:16 PM (based on Nov 2012 pricing) . Call Grass & Sons Seed for current prices. **Costs from 2010 MInnesota FINBIN data. Some categories have been combined.
A complete downloadable Crop Comparison spreadsheet available at www.pikefbm.net/documents/excel/1209_CornSoybeanBreakEven.xls