Enterprise crop budgets available for the 2021 growing season

Nov. 11, 2020

By Mary Hightower
U of A System Division of Agriculture

Fast facts

• Budgets available at http://bit.ly/2021CropBudgetsAR
• Final budget updates expected Dec. 1

(160 words)
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JONESBORO, Ark.  — Arkansas farmers planning for next year’s crops can now access most of the 2021 enterprise budgets developed by the University of Arkansas System Division of Agriculture.

Budgets are available for corn, peanuts, rice, sorghum, soybeans and wheat. The cotton budget has been delayed pending available seed pricing. Final updates are expected by Dec. 1.

Breana Watkins, agricultural economics program associate for the Division of Agriculture, said the budgets are available in PDF or Excel spreadsheet formats, allowing users to personalize inputs and prices.

“These interactive budgets can be used evaluate alternative costs and returns for optimal profit potential,” she said. “Input decisions should be evaluated with an understanding that yield and revenue maximizing inputs are not necessarily the inputs for maximizing profit. County agents can provide information for extension input recommendations.

Inputs in the budgets are recommendations as determined by field trials from the Cooperative Extension Service Crop Research Verification Program for each commodity.The 2021 crop enterprise budgets are available at http://bit.ly/2021CropBudgetsAR.

To learn more about extension and research programs in Arkansas, visit https://uada.edu/.

Follow us on Twitter at @AgInArk, @uaex_edu or @ArkAgResearch.

About the Division of Agriculture

The University of Arkansas System Division of Agriculture’s mission is to strengthen agriculture, communities, and families by connecting trusted research to the adoption of best practices. Through the Agricultural Experiment Station and the Cooperative Extension Service, the Division of Agriculture conducts research and extension work within the nation’s historic land grant education system.

The Division of Agriculture is one of 20 entities within the University of Arkansas System. It has offices in all 75 counties in Arkansas and faculty on five system campuses.

The University of Arkansas System Division of Agriculture offers all its Extension and Research programs and services without regard to race, color, sex, gender identity, sexual orientation, national origin, religion, age, disability, marital or veteran status, genetic information, or any other legally protected status, and is an Affirmative Action/Equal Opportunity Employer.

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