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Wrapping it Up. The USDA cost of production estimates suggest that 2016 input costs will be similar to 2015. With prices at current levels, this would mean another challenging year for many farmers.or instance, at the estimated trend yield of 166 bushels per acre for corn the costs of production would be $4.11 per bushel. Using this approach soybeans and wheat come in at costs of $10.65 and $6.50 per bushel respectively.
The U.S. season-average soybean price for 2013/14 is forecast at $10.35 to $12.35 per bushel, up 60 cents on both ends. Global oilseed production for 2013/14 is projected at 493.1 million tons, up 0.2 million tons from last month.