- vCommons Home
- Price of Corn

# Price of Corn

Not Reviewed

Equation / Last modified by KurtHeckman on 2018/03/15 19:29
`P = `

Tags:

Rating

ID

KurtHeckman.Price of Corn

UUID

479b1edb-2881-11e8-abb7-bc764e2038f2

The **Price of Corn **calculator computes the market value of a volume of corn based on the volume (b) and the price per bushel (dpb) of corn.

**INSTRUCTIONS**: Choose units and enter the following:

- (
**b**) This is the volume of corn - (
**dpb**) This is the price per bushel of corn

**Price of Corn (P): **The calculator returns the price in US dollars. However, this can be automatically converted to other currencies via the pull-down menu.

#### The Math / Science

The formula for the Price of Corn is:

P = b • dpb

where:

- P is the total price of a volume of corn
- b is the volume (e.g. 72,000 bushels)
- dpb is the market price for one bushel of corn

The USDA projects $3.35 per bushel (dpb) of corn in the U.S. market in 2018.

This equation,

**Price of Corn**, is used in 1 calculator.**Calculators**