Brazil China United States Crop Budget Comparison In which areas are each of the countries most competitive and why?
50 Bushels per acre$/acre$/bushel Non-land costs Seed & innoculant$ 8 $0.16 Fertilizer & lime Labor Herbicide & insecticide Crop insurance Interest on variable costs Machinery Miscellaneous Total non-land costs $135 $2.70 Land costs Total costs Gross revenue Crops $200 $4.00 Government Total gross revenue $200 $4.00 Brazil - Soybean Budget A
China - Soybean Budget B 31 Bushels per acre$/acre$/bushel Non-land costs Seed & innoculant$ 20 $0.16 Fertilizer & lime Labor Herbicide & insecticide Crop insurance Interest on variable costs Machinery Miscellaneous Total non-land costs $111 $3.55 Land costs Total costs Gross revenue Crops $155 $5.00 Government Total gross revenue $155 $5.00
U.S. - Soybean Budget C 50 Bushels per acre$/acre$/bushel Non-land costs Seed & innoculant$ 26 $0.52 Fertilizer & lime Labor Herbicide & insecticide Crop insurance Interest on variable costs Machinery Miscellaneous Total non-land costs $150 $3.00 Land costs Total costs Gross revenue Crops $250 $5.00 Government Total gross revenue $275 $5.50
$/acre BrazilChinaU.S. Non-land costs Labor Machinery Total non-land costs $135 $111 $150 Land costs Total costs Gross revenue Crops $200 $155 $250 Government Total gross revenue$200 $155 $275 Soybean Budget Comparison