Cost to Produce Corn and Soybeans in Illinois-2013
In 2013, the total of all economic costs per acre for growing corn in Illinois averaged $1,033 in the northern section, $966 in the central section for farmland with "high" soil ratings, $951 in the central section for farmland with "low" soil ratings, and $872 in the southern section. Soybean costs per acre were $727, $715, $673 and $631, respectively (see Table 1). Costs were lower in southern Illinois primarily because of lower land costs. The total of all economic costs per bushel in the different sections of the state ranged from $4.90 to $5.20 for corn and from $12.32 to $12.88 for soybeans. Variations in this cost were related to weather, yields, and land quality.