April 8, 2025
2025 Crop Cost and Return Guide
March 2025 Estimates
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the updated March 2025 (and final) crop budget estimations for 2025; prepared by Purdue faculty members Michael R. Langemeier, Department of Agricultural Economics; Shaun Castell and Dan Quinn, Department of Agronomy; and Bill Johnson, Department of Botany and Plant Pathology, Purdue University.
**Find the companion spreadsheet tool to examine gross revenue, costs, and earnings for crop enterprises here. A user can evaluate up to three full-season crops, and the wheat double-crop soybean system. Gross revenue, cost, and net returns are evaluated on a per acre and per unit basis. Breakeven prices to cover variable and total cost are computed for each crop.
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UPCOMING EVENTS
Compare PLC, ARC-CO and ARC-IC before making your 2026 farm program election. Join Purdue’s Michael Langemeier November 16 for a free webinar covering the pros and cons of each option, with time for Q&A.
Join educators from across the Midwest to build skills for communicating soil health concepts on Nov. 4-5, 2026. In the field, we’ll evaluate the relationship between soil health and water management focusing on irrigation and edge of field practices. The in-service will have both classroom and on farm demonstrations.