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Enterprise Costs

Illinois Crop Budgets

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Last Update: February, 2004
 

Click for PDF of Budgets

Budgets show projected costs. Inputs for seed, fertilizer, and chemicals are based on agronomic recommendations for the respective yield level. Other costs are based on historical records from Illinois FBFM. Budgets reflect full costs, whether those costs are cash or opportunity costs. Opportunity costs within the budgets are: 1) interest on operating inputs, 2) labor, and 3) interest on investment. 

  

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