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1 Institute of Agriculture and Natural Resources EC872 (Revised November 2015) Developed and Edited by Robert N. Klein, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise Budget Analyst Jessica T. Groskopf, Extension Educator Agricultural Economics Jim A. Jansen, Extension Educator Agricultural Economics Note: These budget projections were created using assumptions thought to be valid for many Nebraska producers; however, each farming operation is unique. These budgets are being released in both Adobe PDF and Excel worksheet formats. The worksheet format allows producers to modify them to match their specific situation. The danger of releasing a tool that can subsequently be modified is that there is no way to verify whether alterations were made or unrealistic data was entered. Users of this tool are responsible for independently verifying all results prior to relying on them. Original files for these budgets are available at and on Additional Resource Persons The following individuals contributed to the budgets in their specialty areas: Robert J. Wright, Extension Entomologist Tamra A. Jackson-Ziems, Extension Plant Pathologist Corn and Sorghum Loren J. Giesler, Extension Plant Pathologist Soybean and Turf Stephen N. Wegulo, Extension Plant Pathologist Wheat and Ornamental Paul J. Jasa, Extension Biological Systems Engineer James A. Schild, Extension Educator in Scotts Bluff and Morrill Counties Extension is a Division of the Institute of Agriculture and Natural Resources at the University of Nebraska Lincoln cooperating with the Counties and the United States Department of Agriculture. University of Nebraska Lincoln Extension educational programs abide with the nondiscrimination policies of the University of Nebraska Lincoln and the United States Department of Agriculture The Board of Regents of the University of Nebraska on behalf of the University of Nebraska Extension. All rights reserved.
2 2016 Budget 9-Alfalfa, Large Round Bale (4.4 ton Actual Yield) Dryland 4 Double Windrows Large Round Bale 4.4 ton Move Large Round 4.4 ton Spray Total for Materials & Services Index Rate Unit Price Total Twine Large Round Other 5 100% 4.4 ton % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Dryland (State) $ 3,390 per 4.00% Real Estate Taxes $ 3,390 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
3 2016 Budget 10-Alfalfa, Large and Small Square Bale (6.7 ton Actual Yield) Pivot Irrigated, 800 GPM 35 PSI, 16 acre/inches 5 Large Square Bale 4.5 ton Load Large Square Custom ton 7 Bale Small Square 2.2 ton Stack Small Square 2.2 ton Pivot E 125' Lift 16 ai Spray Spray Total for Materials & Services Index Rate Unit Price Total Twine Large Square Other 5 67% ton % ton Twine Small Square Other 7 33% ton Electricity Fixed Other 9 100% 1 acre Pursuit Herbicide 10 25% 4.5 ounce Crop Oil Concentrate Additive 10 25% 1.6 pint UAN Additive 10 25% 2 pint % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Pivot (State) $ 7,315 per 4.00% Real Estate Taxes $ 7,315 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
4 2016 Budget 11-Alfalfa, Roundup Ready, Large and Small Square Bale (6.8 ton Actual Yield) Pivot Irrigated, 800 GPM 35 PSI, 16 acre/inches 5 Large Square Bale 4.5 ton Load Lg Sq Custom ton 7 Bale Small Square 2.3 ton Stack Small Square 2.3 ton Pivot E 125' Lift 16 ai Spray Spray Total for Materials & Services Index Rate Unit Price Total 1 100% 80 pound Twine Large Square Other 5 67% 4.53 ton % 4.4 ton Twine Small Square Other 7 33% 2.27 ton Electricity Fixed Other 9 100% 1 acre Roundup WeatherMax Herbicide % 44 ounce S Additive % 1.7 pound % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Pivot (State) $ 7,315 per 4.00% Real Estate Taxes $ 7,315 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
5 2016 Budget 12-Alfalfa, Large and Small Square Bale (6.6 ton Actual Yield) Pivot Irrigated, 800 GPM 35 PSI, 16 acre/inches 2 Swath/Condition Hay Large Square Bale 4.4 ton Load Lg Sq Custom ton 5 Bale Small Square 2.2 ton Stack Small Square 2.2 ton Pivot E 125' Lift 16 ai Spray Spray Total for Materials & Services Index Rate Unit Price Total Twine Large Square Other 3 100% 4.4 ton % 4.4 ton Twine Small Square Other 5 100% 2.2 ton Electricity Fixed Other 7 100% 1 acre Velpar 75DF Herbicide 8 25% 0.66 pound % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Pivot (Panhandle) $ 3,625 per 4.00% Real Estate Taxes $ 3,625 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
6 2016 Budget 13-Alfalfa, Large Square Bale (6.6 ton Actual Yield) Canal Irrigated, 22 acre/inches 5 Large Square Bale Custom 6 Load Lg Sq Custom 7 Corrugate Ditch Irrigation 22 ai Spray Spray Total for Materials & Services Index Rate Unit Price Total Bale Lg Sq 1360 lb Custom 5 100% 6.6 ton % 6.6 ton Irrigation District O&M Charge Other 8 100% 1 acre Pursuit Herbicide 9 25% 4.5 ounce Crop Oil Concentrate Additive 9 25% 1.6 pint UAN Additive 9 25% 2 pint % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Gravity (State) $ 6,900 per 4.00% Real Estate Taxes $ 6,900 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
7 2016 Budget 14-Alfalfa, Roundup Ready, Large Square Bale (6.8 ton Actual Yield) Canal Irrigated, 22 acre/inches 5 Lg Sq Bale Custom 6 Load Lg Sq Custom 7 Corrugate Ditch Irrigation 22 ai Spray Spray Total for Materials & Services Index Rate Unit Price Total 1 100% 80 pound Bale Lg Sq 1360 lb Custom 5 100% 6.8 ton % 6.6 ton Irrigation District O&M Charge Other 8 100% 1 acre Roundup WeatherMax Herbicide 9 100% 44 ounce S Additive 9 100% 1.7 pound % 3 ounce Total Materials & Services Total listed costs for and Materials and Services Interest on Operations Capital $ cash 5.50% for 6.0 mo Total Operating and Use Related Costs Real Estate Opportunity Gravity (State) $ 6,900 per 4.00% Real Estate Taxes $ 6,900 per 1.00% Total Cost per Acre Including Overhead Cost per ton Cash Cost per ton The Board of Regents of the University of Nebraska. All rights reserved.
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2015) Developed and Edited by Robert N. Klein, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2016) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Original files for these budgets are available at and on
Institute of Agriculture and Natural Resources EC872 (Revised November 2018) Robert Klein, Senior Editor, Western Nebraska Crop Specialist Glennis McClure, Extension Educator - Agricultural Economics Roger
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2015) Developed and Edited by Robert N. Klein, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2016) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2015) Developed and Edited by Robert N. Klein, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2017) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2017) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2017) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2016) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Developed and Edited by
Institute of Agriculture and Natural Resources EC872 (Revised November 2017) Developed and Edited by Robert N. Klein, Senior Editor, Western Nebraska Extension Crops Specialist Roger K. Wilson, Farm Management/Enterprise
Original files for these budgets are available at and on
Institute of Agriculture and Natural Resources EC872 (Revised November 2018) Robert Klein, Senior Editor, Western Nebraska Crop Specialist Glennis McClure, Extension Educator - Agricultural Economics Roger
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