Below are some anecdotal costs of production and net profits based on a recent article on a farmer group on WeChat.
For wheat, the cost of production (excluding land rents) totaled 9150 yuan per hectare.
In this example from 2023, the farmer reported that much of the harvested wheat was sprouted and they sold it quickly at a price of 1900 yuan per ton. The yield was 7.2 tons per hectare, bringing their income to 13,680 yuan per hectare.
In comparison, corn fared better. They reported a yield of ...