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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 range for 2013/14 is projected at $11.15 to $13.15 per bushel, down $0.35 on both ends of the range.The soybean meal price is projected at $375 to $415 per short ton, up $15 on both ends of the range.The soybean oil price range is projected at 40 to 44 cents per pound, down 3 cents on both ends. Global oilseed production for 2013/14 is projected at a record 499.4 million tons, up 4.3 million from September.Higher soybean, sunflowerseed, and rapeseed forecasts account for most of the change.he soybean oil price range is projected at 40 to 44 cents per pound, down 3 cents on both ends. Global oilseed production for 2013/14 is projected at a record 499.4 million tons, up 4.3 million from September. Higher soybean, sunflowerseed, and rapeseed forecasts account for most of the change.