In a bumper year for wheat, a mu earns 735 yuan, but if the rush harvest hits drought or flood disasters, you could lose 40,000 yuan instead

Wheat currently has an extremely broad growing area in rural areas, because it can not only be used as stored grain, but can also help make other things, such as beer, biscuits and pasta, and so on. These things are all in great demand on the market today, so in recent years the area planted with wheat has become wider and wider, and more and more farmers are growing it. In 2017, the minimum purchase price for wheat was 1.18 per jin, and the first round of harvesting proceeded smoothly with purchases, and no farmers were heard saying that the wheat in their fields could not be sold.

Therefore, every year quite a lot of farmers make money growing wheat. So exactly how much money can be made each year from growing wheat? According to a wheat farmer I know who has grown wheat for 27 years, this also depends on whether it is a bumper year or a non-bumper year. If it is a bumper year, then wheat will definitely make money. The cost of a mu of wheat is mainly seeds, fertilizer, pesticides, mechanical harvesting, and so on, while the smaller expense items are steps such as plowing, sowing and irrigation.

In recent years, as the cost of agricultural inputs has increased, fertilizer, for example, costs nearly 155 yuan per mu. Calculated item by item, the cost per mu is basically around 465 yuan. If calculated at the minimum purchase price of 1.2 per jin, the premise is also that this batch of wheat is grade one in quality and belongs to a very good wheat seed. If each mu can produce an average of 1,000 jin (this counts as the basic yield), then one mu yields 1,200 yuan.

That is to say, in a bumper year, each mu can earn 735 yuan. However, this belongs to the vast majority of cases when conditions are good. You should know that if the rush harvest hits drought or flood disasters, or if a fire occurs before harvesting, then this mu not only requires losing all of a year's investment, but also requires later restoration of soil fertility, and these steps are all cost inputs. The loss of time, plus continuing to reinvest costs to plant again the next year, adds up to a loss of 40,000 yuan per mu, because when losing money, the loss is far greater than the gain when making money, so farmers, especially wheat farmers, especially hope for good weather.