Corn and Soybean Profitability 2011

Corn and Soybean Projected Profitability 2011
March 22, 2011
Greg Halich
Department of Agricultural Economics
University of Kentucky
859-257-8841
Greg.Halich@uky.edu

Corn and Soybean New Crop Price Estimates for 2011 (Based on CME 3/22/11 Closing)
Scenario:	Corn	Soybeans
Low	$4.75	$10.75
Baseline	$5.75	$13.00
High	$6.75	$15.25

Input w/Greatest Impact on Profit?
Fertilizer Cost.
→ Let’s look at fertilizer prices.