Winter wheat production budget

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A project funded by the Montana Wheat and Barley Committee resulted in a Montana-specific variable cost of production budget for winter wheat.

A condensed version of the budget worksheet can be downloaded here.

A more detailed and adjustable Excel version of the budget can be downloaded here.

A related infographic is below. For questions and comments, please contact Kate Fuller or Anton Bekkerman.

Cost of production infographic

(Photo by ♔ Georgie R is licensed under CC BY 4.0)

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About Author

Dr. Anton Bekkerman is an associate professor in the Department of Agricultural Economics and Economics at Montana State University, joining the faculty in 2009 after completing his PhD at North Carolina State University. Bekkerman’s primary areas of research are grain marketing, basis and price forecast modeling, understanding how grain prices are affected by changes in supply chain infrastructures and quality demands, and analyzing the economic trade-offs of adopting alternative dryland cropping systems in Montana. One of his current projects is an investigation of how new grain loading technologies are affecting prices that Montana farmers receive for their wheat. Bekkerman is also examining the economic impacts that Montana’s rapidly expanding dry pulse industry will have on the state’s crop industry. Although Bekkerman grew up on the east coast, he has recently made a small step toward production agricultural after acquiring three backyard chickens.

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