What's the breakeven price of corn? Table 1.B Summary of estimated costs and returns per acre Corn, stale seedbed, BtRR, 12-row 38", 220 bu yield goal Furrow Irrigated, 13 ac-in., Delta Area, Mississippi, 2020 ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM INCOME Corn dollars dollars bu 3.86 220.0000 849.20 849.20 TOTAL INCOME DIRECT EXPENSES CUSTOM SPRAY acre 8.10 1.0000 8.10 FERTILIZERS acre 198.72 1.0000 198.72 HERBICIDES acre 51.97 1.0000 51.97 INSECTICIDES acre 1.05 1.0000 1.05 IRRIGATION SUPPLIES acre 7.92 1.0000 7.92 SEED/PLANTS acre 119.00 1.0000 119.00 CUSTOM FERTILIZE acre 7.50 1.0000 7.50 HAULING acre 50.60 1.0000 50.60 CUSTOM LIME acre 28.64 1.0000 28.64 CROP CONSULTANT acre 6.00 1.0000 6.00 SOIL TEST acre 3.33 1.0000 3.33 HAND LABOR hour 9.06 0.1354 1.22 IRRIGATE LABOR hour 9.06 0.3875 3.53 OPERATOR LABOR hour 15.22 0.5252 8.01 UNALLOCATED LABOR hour 15.24 0.4020 6.13 DIESEL FUEL gal 2.30 17.0094 39.11 REPAIR & MAINTENANCE acre 22.02 1.0000 22.02 INTEREST ON OP. CAP. acre 16.38 1.0000 16.38 TOTAL DIRECT EXPENSES RETURNS ABOVE DIRECT EXPENSES: 579.23 269.97 TOTAL FIXED EXPENSES 111.50 TOTAL SPECIFIED EXPENSES 690.73 RETURNS ABOVE TOTAL SPECIFIED EXPENSES 158.47