Want to know how we arrived at the logic for our Land Decision Calculator?

We used data from the US Census for Agriculture and the inputs you provided to estimate the income you could gain from corn and soybean farming, and compare it to the income you could get through a solar lease.

For the State of Illinois, the latest data indicates that the average farm production expenses are $183,998, the price of corn is $4.35, the yield per acre for corn is 192, the price of soybeans is $11.60, and the yield per acre for soybeans is 59.

For the State of Wisconsin, the latest data indicates that the average farm production expenses are $148,978, the price of corn is $4.15, the yield per acre for corn is 174, the price of soybeans is $10.70, and the yield per acre for soybeans is 51.

For the State of Michigan, the latest data indicates that the average farm production expenses are $151,302, the price of corn is $4.45, the yield per acre for corn is 154, the price of soybeans is $11.50, and the yield per acre for soybeans is 47.

For the State of Kentucky, the latest data indicates that the average farm production expenses are $61,929, the price of corn is $4.45, the yield per acre for corn is 184, the price of soybeans is $11.50, and the yield per acre for soybeans is 55.

The total crop income is calculated by this formula: (Price x Yield per Acre x Acreage) - Farm production expenses.

The solar income is the acreage times the solar lease per acre.