(Media-Newswire.com) - The costs for growing alfalfa, corn, soybeans and wheat in Wisconsin are predicted to be more in 2011 than in 2010. Fertilizer prices will be higher in 2011. There has been volatility in the price this fall. Seed prices are expected to be slightly higher, but pesticides should be relatively stable, according to Ken Barnett, University of Wisconsin-Extension educator.

“When deciding how much of an input to apply, producers can maximize their investment in that input by considering its marginal rate of return,” said Barnett.

The 2011 Crop Budget Cost of Production Calculator for Wisconsin can help producers in making their cropping decisions in the upcoming year. It allows producers to construct enterprise budgets for corn after corn, corn after soybeans, corn silage after alfalfa, corn silage after corn, soybeans, wheat, seeding alfalfa and established alfalfa for hay and haylage.

The Cost of Production Calculator can be downloaded from the Center for Dairy Profitability web site at http://cdp.wisc.edu/ . Look in the Budgets and Other Resources heading and then go to the Crop Enterprise Budgets and Economics section.

For more information about this cost of production calculator, contact Ken Barnett at 715-355-4561 or ken.barnett@ces.uwex.edu.