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Showing posts with label Hemp vs Corn and Soybeans Monetary Value. Show all posts
Showing posts with label Hemp vs Corn and Soybeans Monetary Value. Show all posts

Wednesday, July 1, 2015

Hemp vs Corn and Soybeans Monetary Value Page 20



Corn
Income over Operating Costs/Acre
$107.45
Income over Total Costs/Acre
-$112.28


Soybeans
Income over Operating Cost/Acre
$162.87
Income over Total Costs/Acre
-$43.92


Hemp
2) Fiber Hemp / Acre
-116 to 473
3) Seed Hemp / Acre
-136 to 604
2) Various sources priced dry, defoliated stalks at $60 to $125 per metric ton. 3)One source estimated returns at $60 to $171 per acre for seed (for oil and feed), while another estimated seed returns at $800 per acre (2,000 pounds per acre at 40 cents per pound). Source: McNulty.
  • One Bushel of Soybean Produces: 1.5 gallons of soy oil AND 48 pounds of soybean meal, which supplies 21 pounds of protein animal feed. Industrial uses of soybean are inks, plastics, solvents and biodiesel.
  • University of Missouri Crop Resource Guide-5 year average annual value of Missouri corn production between 2010 and 2014 $2,028,491,200.00 http://crops.missouri.edu/audit/corn.htm#budget,
  • Missouri Soybean Facts Five-year average annual value of Missouri soybean production between 2010 and 2014a $2,476,185,600 http://crops.missouri.edu/audit/soybean.htm,

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