Calculator:

Where Should I Sell
My Soybeans and Grain?

Should I sell my soybeans or grain to the local elevator or the more distant market offering a premium price? At what point is it no longer worth selling to the more distant location?

After all, selling at the higher price is not always the most profitable option. Farmers must not only be mindful of the price received, but also the costs associated with transporting their soybeans, or other commodities, to market. In a few quick steps, the below calculator assists farmers in measuring not only how much money will be received, but also how much will be spent.
Funded by the Soybean Checkoff

What is the total bushel capacity of the semi or truck used for transporting your soybeans or other commodity?
Cost of Labor/Value of Time per hour
Whether you hire someone to deliver your soybeans/grain or deliver them yourself, time is money. Insert the hourly wage you pay to deliver your soybeans or the value of your time per hour (should at least be comparable to the prevailing hourly wage).
Cost of fuel per mile
Diesel price per gallon divided by mileage efficiency per gallon of the delivery vehicle. For amounts less than $1.00, initially enter a decimal point (e.g., 0.60).
Cost of maintenance per mile for the delivery vehicle
Suggested amount: $0.50 per mile. For amounts less than $1.00, initially enter a decimal (e.g., 0.50).
Contracted commercial cost you pay per mile

Hire someone else? Click here to enter the commercial rate per mile you pay.

Do it yourself? Click here to enter the cost of labor, fuel, and maintenane you pay.

	Local	Distant
Mileage to delivery point	Note: Calculator will automatically double the mileage to account for the return trip to your farm.	Note: Calculator will automatically double the mileage to account for the return trip to your farm.
Time (including wait time upon arrival) required to make a single, round trip delivery to the delivery point.	Note: Enter in hours (e.g., 1.5)	Note: Enter in hours (e.g., 1.5)
Spot price for soybeans or other commodity at delivery point

Profit per full load (local)		Profit per full load (distant)
Additional dollars per full load of selling locally		Additional dollars per full load of selling at distance

Calculating...