Annual ACSE Yield and Profit

Economic reports highlight yield and profitability as the project expands, offering a comprehensive annual summary. See the tables and graph below. 

 

2024 Economic Summary – LTAR ACSE Plot Averages

2024 Crop

Business as Usual (BAU)

Aspirational (ASP)

Michigan Average Yields

2024 yield

2024 profit

2024 Yield

2024 Profit

Corn

216.4 Bu/A

$287.88/A

226.2 Bu/A

$379.72/A

181 Bu/A

Soybeans

77.5 Bu/A

$473.43/A

59.8 Bu/A    

$228.71/A

49 Bu/A

Wheat Grain

Wheat Straw

Cover Crop

ASP Wheat Total

 

 

95.4 Bu/A

1.0 Tons/A

1.7 Tons/A

$226.24/A

$67.70/A

$57.79/A

$351.72/A

87 Bu/A

ASP Canola

 

 

2,351 lbs/A

$287.85/A

NA

ASP Forage

 

 

6.2 Tons/A

$467.30/A 

2.73 Tons/A

Whole System

 

$380.66/A

 

$343.06/A

  
Yield data from replicated plots. Crop values calculated based on RMA spring projected price. Forage and straw prices based on USDA NASS and local markets ($120/Ton for Straw, $160/Ton for Cover Crops, $160/Ton Perennial Forage). All production costs included except for land.

(Charles, Hasenick, Dykstra, Robbins, & Wilke 2024)

 

2023 Economic Summary – LTAR ACSE Plot Averages

2023 Crop

Business as Usual (BAU)

Aspirational (ASP)

Michigan Average Yields

2023 yield

2023 Profit

2023 Yield

2023 Profit

Corn

179.1 Bu/A

$279.69/A

161.5 Bu/A

$315.45/A

168 Bu/A

Soybeans

52.46 Bu/A

$349.47/A

47.9 Bu/A    

$279.42/A

46 Bu/A

Wheat Grain

Wheat Straw

Cover Crop

ASP Wheat Total

 

 

64.86 Bu/A

1.4 Tons/A

1.6 Tons/A

$183.84/A

$112.20/A

$29.61/A

$325.65/A

83 Bu/A

ASP Canola

 

 

1,773 lb/A

$180.25/A

  

ASP Forage

 

 

2.1 Tons/A

-$54.73/A 

2.73 Tons/A

Whole System

 

$315/A

 

$209/A

  

Yield data from replicated plots. Crop values calculated based on RMA spring projected price. Forage and straw prices based on USDA NASS and local markets ($120/Ton for Straw, $150/Ton for Cover Crops, $200/Ton Perennial Forage). All production costs included except for land and crop consultant.

(Charles, Hasenick, Dykstra, Robbins, & Wilke 2023)

For more information and a breakdown of data for 2023 and 2022, see this article.  

 

System Economics Over Time 

LTAR ACSE Economic Summary bar graph 2023:2024.png

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