Crop Budgets

The SDSU Extension Crop Budgets are provided for producers to determine the preliminary cost of production for the major commodities grown in South Dakota.

 

To use the spreadsheet, producers should provide their own costs for the different expense items listed. In the spreadsheet, producers should know their anticipated seeding rate and seed cost, the rate of fertilizer (nitrogen, potassium, phosphorous, sulfur etc.) that will be applied, and the cost per unit for these items. The same needs to be done for all pesticides (insecticides, herbicides and fungicides) that will be used.

 

Other costs that need to be included are: crop insurance, fuel and oil, repairs, custom hire, drying and operation interest rate.

Video: CEOs of the Industry – International Edition Michael Agerley | Partner, IQinAbox

In this CEOs of the Industry – International Edition, we sit down with Michael Agerley, Partner at IQinAbox, to explore how data is reshaping the future of pig production.

After more than 20 years as a veterinarian, Michael shares his unique perspective on the shift from hands-on animal care to data-driven decision making across the pork value chain.

We dive into:

• How better data is improving real on-farm decisions

• The biggest opportunities still untapped in pig production

• How Europe is leading (and where it’s still lagging) in tech adoption

• The role of AI and smart systems in the next 5–10 years

• Why trust, leadership, and practical application matter more than ever

This conversation bridges veterinary insight, technology, and real-world farming, offering a clear look at where the industry is headed—and what it will take to get there.