Crop Budget Spreadsheet

by Michael Langemeier

Updated March 2026

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises.  The 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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RELATED RESOURCES

2027 Crop Cost & Return Guide

September 17, 2026

Purdue’s first 2027 crop budgets provide a starting point for estimating crop costs, revenues and returns. Use the accompanying spreadsheet to adjust the assumptions for your own farm.

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ARC/PLC 2026: Making Your Crop Risk Management Decision

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.

Weathering Water Extremes: Connecting Soil Health, Drainage, Irrigation, and Farm Resilience

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.