The Crop Value per Acre calculator computes the crop value based on the yield in bushels per acre and the dollar per bushel.
INSTRUCTIONS: choose units and enter the following:
- (YPA) Yield per Acre
- (DPB) Dollars per Bushel
Crop Value per Acre (CVA): The calculator returns the value in U.S. dollars
The Math / Science
The U.S. Department of Agriculture publishes an annual report on the yield rates of different crops, the USDA Crop Production 2021 Summary. It includes the amount of crop that an acre yields on average by state. Using recent grain crop pricing, this shows the simple math to identify what crop should be planted to maximize income.
| State | Soybean | Corn | Wheat |
|---|---|---|---|
| Pennsylvania | 53 | 169 | 77 |
| Maryland | 53 | 175 | 79 |
| Virginia | 46 | 160 | 67 |
| New Jersey | 46 | 163 | 67 |
| AVERAGE | 49.5 | 166.75 | 72.5 |
The math is pretty simple. To compute the value of a crop per acre you multiply the following:
Crop Value per Acre = Dollar per Bushel * Bushel per Acre
Using the average yield across the mid-Atlantic region and the current market auction price of corn, wheat and soybean, you can see that corn is the big winner.
Crop Value per Acre
- Corn: $1,042.19 = 166.75 bu/acre * $6.25 /bu
- Soybean: $655.00 = 49.5 bu/acre * $13.01 /bu
- Wheat: $553.90 = 72.5 bu/acre * $7.64 /bu
Obviously, main factor is the volume of corn that is yielded per acre, nearly four times as many bushels of corn than soybean and over twice as many bushels as wheat.
Dollar per Bushel
The following shows the recent market auction value placed on corn, soybean and wheat. This is updated weekly.
| US Corn Price Survey:
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US Soybean Price Survey:
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US Wheat Price Survey:
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Grain Crop Calculators:
- Grain Crop Weight Estimation - Estimate the weight of a grain harvest based on the number of bushels and pounds per bushel of the grain.
- Grain Crop Value Estimation - Estimate the value of a grain crop based on the acres planted, yield per acre and dollar per bushel.
- US Corn Pricing Survey - Regular survey of market prices of corn
- US Wheat Price Survey - Regular survey of market prices of wheat
- US Soybean Price Survey - Regular survey of market prices of soybean
- Quantity Required for Moisture Blending - Computes the amount of grain needed of one moisture level to mix with another to achieve a desired moisture level.
- Corn Yield Estimation Calculator - Estimate the size of corn harvest (number of bushels) while the crop is still in the field based on a sample, acres planted and quality factors (kernel size and moisture).
- Crop Value Estimation - Estimate the value of a crop based on the acres planted, yield per acre and dollar per bushel.
- Corn Products - Estimates the amount of derivative products that can be produced based on a volume (number of bushels) of corn including: pounds of beef, pork and poultry, corn oil and ethanol.