2026 USDA projected marketing year average prices and national average yields
Production Costs (Optional)
Seed, fertilizer, chemicals, fuel
Land rent, insurance, equipment
Select a crop type and enter yield and price data to estimate per-acre and total farm revenue using 2026 USDA projections.
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What This Calculator Does
This crop yield revenue calculator estimates gross revenue per acre by multiplying expected yield by market price for any crop. It uses 2026 USDA Agricultural Outlook Forum projections showing marketing year average prices of $4.20 per bushel for corn, $10.30 per bushel for soybeans, and $5.00 per bushel for wheat, along with national average yields of 181 bushels per acre for corn, 53 for soybeans, and 52 for wheat. The tool calculates per-acre and total farm revenue, includes optional production cost inputs for profitability analysis, and factors in crop insurance indemnities and government program payments.
The Formula
Gross revenue is the product of crop yield (bushels, pounds, or tons per acre) and the price received per unit. Net income subtracts total production costs (variable costs like seed, fertilizer, and chemicals, plus fixed costs like land rent, insurance, and equipment) from gross revenue plus any additional income from crop insurance indemnity payments or government program payments (ARC or PLC). The return on cost percentage shows how much profit is earned relative to total input costs.
Step-by-Step Example
Select crop and enter yield
Corn selected. Expected yield: 185 bushels per acre (above the 2026 national average of 181 bu/ac).
Set market price
Using the 2026 USDA projected price of $4.20 per bushel. Spring crop insurance price is $4.62 per bushel.
Enter acres and costs
500 acres. Variable costs: $480/acre. Fixed costs: $425/acre. Total cost: $905/acre.
Review profitability
Gross revenue: $777/acre. Net loss: -$128/acre. Total farm loss: -$64,000. Market price below break-even confirms 2026 margin pressure.
Real-World Use Cases
Pre-Season Budgeting
Farmers use projected yields and futures prices to estimate revenue before planting, helping determine which crops offer the best return per acre for the coming season.
Crop Selection Decisions
Compare expected revenue per acre across corn, soybeans, wheat, and other crops to make data-driven planting decisions based on relative profitability.
Lender Financial Projections
Farm lenders and FSA loan officers use yield and price projections to evaluate farm operating loan applications and cash flow projections.
Common Mistakes to Avoid
Using average yield instead of farm-specific yield history. National averages (181 bu/ac corn) can differ significantly from individual farm performance based on soil type, management, and weather.
Ignoring the difference between production and price. High yields with low prices can generate less revenue than moderate yields with higher prices. Always calculate revenue, not just yield.
Forgetting to include all fixed costs. Land rent or mortgage, property taxes, crop insurance premiums, and equipment depreciation are real costs that must be covered by revenue.
Not accounting for basis. The local cash price at your elevator may differ from futures or USDA projected prices by $0.10 to $0.50 per bushel depending on location and time of delivery.
Overlooking government program payments. ARC and PLC payments can add $10 to $50+ per acre of additional revenue in low-price years like 2026.
Frequently Asked Questions
Accuracy and Disclaimer
This calculator provides revenue estimates based on the yield and price data you enter, with 2026 USDA projections as defaults. Actual revenue depends on realized yield, local cash prices, basis, quality discounts, and delivery timing. These estimates are for planning purposes only. Consult your local extension service, crop insurance agent, or farm financial advisor for personalized analysis.
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