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First, fertilizer and lime costs include volume and early purchase discounts. On average, a bag of agricultural lime can cost anywhere from \$4 to as much as \$10 per 50-pound bag. Optimum soil pH varies with crops and soils. Farm real estate sells at \$5,950 per acre on average when you buy it in Florida. 4) Calculate cost: Cost is \$3.75 per bag. Almost half of the land in the US is used for agricultural purposes. Cost of production estimates, per bushel, for herbicide-tolerant soybeans are \$9.21, \$9.04 and \$8.86 assuming 50, 56 and 62 bu./acre, respectively. Starting in 2020, the average cost of lime is adjusted to account for regional differences in lime application practices (ag lime quality and quantity, and frequency of application). Rgds, kuldeep jadhav Land cost per acre is the cash rent for rented acres, or the sum of real estate taxes plus 20% of the cost of any existing improvement, such as tile, terraces or fences. Know the size of the treatable area before negotiating with lawn care professionals. Of the variable costs, nitrogen and seed costs account for 43% of the costs for either continuous or rotated corn. He compared the \$100-per-acre cost of applying lime to the thousands of dollars of income that is gained. If you need to lime a small area, you can calculate the amount of lime per square foot. 3) Calculate total pounds of pelletized lime needed: Pelletized lime bag = 40 pounds . There was a large increase in 2013 when pesticide costs increased from \$49 per acre to \$66 per acre in 2013. In this scenario, soybean production would only be profitable for operations with medium and high yields, but the profitability margins could be very tight. Very large or small farms may have lower or higher fixed costs per acre. Lime/Lemon: Commences from the 2nd/3rd year with 50-60 fruits per tree. Boots in the Barn dairy event to be webinar, Riverview Cattle fined \$76K for Clean Water Act violation, Iowa provides \$7M to assist biofuel retailers, Cropping practices pass tough-weather test, Costs vs. benefits to improve water quality, Organic conference ushers in new connections, Allowed HTML tags: