2017 Alfalfa Baleage Enterprise Budget

Transcription

1 2017 Alfalfa Baleage Enterprise Budget Alfalfa Baleage Yield, tons air-dry: 5.25 Production Weighted value per ton, air-dry: $ Owned land Dryland Business unit Income per acre Yield Price total Baleage or silage bales Other income 0.00 Total income per acre $ Operating costs per acre Seed 0.00 Fertilizer Nitrogen 0.00 Phosphorus Potassium Other amendments 0.00 Crop protection 7.50 Herbicide 0.00 Insecticide-fungicide 7.50 Crop supplies, storage Crop consulting 0.00 Custom hire and rental Machinery fuel and irrigation energy Machinery repairs and maintenance Operator and hired labor Other expense 0.00 Operating interest 9.72 Operating costs per acre $ Ownership costs per acre 1 Farm business overhead 6.13 Machinery overhead Machinery depreciation Real estate charge Ownership costs per acre $ Total costs per acre $ Income over operating costs per acre $ Income over total costs per acre $97.15 Operating costs per ton, air-dry basis $69.14 Ownership costs per ton, air-dry basis $32.35 Total costs per ton, air-dry basis $101.49

2 2017 Alfalfa Baleage Detailed Report Selected input quantities per acre Selected input prices $ per unit Forage yield, tons 5.25 Farm diesel, per gallon 2.35 Seeding rate, lbs 0 Operating interest, % 5.50 Nitrogen rate, lbs 0 Nitrogen, per lb 0.00 Phosphorus rate, lbs 70 Phosphorus, per lb 0.37 Potassium rate, lbs 200 Potassium, per lb 0.25 Lime rate, tons 0 Lime, per ton 0.00 Sum of allocated labor, hours 3.75 Skilled labor, per hour Irrigation, inches 0 Land value, per acre 2,400 Labor Fuel Operating Ownership Total Hours Gallons Costs 2 Costs 3 Costs Trips Machine activity (not custom) per acre per acre $ per acre $ per acre $ per acre per acre Boom sprayer (50 ft); 105 TWD Disk mower-conditioner (9 ft); 105 TWD Wheel rake, V hitch (8 wheel); 75 HP Round baler, silage kit (1500 lb); 105 TWD Rd bale wrapper haylage; 75 HP Pickup truck Total Farm business overhead includes liability insurance, utilities, accounting, etc. Machinery overhead is the sum of opportunity interest, property taxes, insurance, and housing. Machinery depreciation is a market value decline due to aging and usage. Thus, a portion of depreciation should be considered an operating costs for some decisions. Real estate charge includes land, improvements, taxes. Economic costs may differ from rental rates. 2 Machinery operating cost is the sum of fuel, repairs, maintenance, and the value of labor. 3 Machinery ownership cost is the sum of machinery overhead and depreciation (see page 1).

3 2017 Alfalfa Small Bales Enterprise Budget Alfalfa Small Bales Yield, tons air-dry: 5.00 Production Weighted value per ton, air-dry: $ Owned land Dryland Business unit Income per acre Yield Price total Hay 60 lb bales Other income 0.00 Total income per acre $1, Operating costs per acre Seed 0.00 Fertilizer Nitrogen 0.00 Phosphorus Potassium Other amendments 0.00 Crop protection 7.50 Herbicide 0.00 Insecticide-fungicide 7.50 Crop supplies, storage Crop consulting 0.00 Custom hire and rental Machinery fuel and irrigation energy Machinery repairs and maintenance Operator and hired labor Other expense 0.00 Operating interest 7.88 Operating costs per acre $ Ownership costs per acre 1 Farm business overhead 6.13 Machinery overhead 9.15 Machinery depreciation Real estate charge Ownership costs per acre $ Total costs per acre $ Income over operating costs per acre $ Income over total costs per acre $ Operating costs per ton, air-dry basis $58.86 Ownership costs per ton, air-dry basis $25.19 Total costs per ton, air-dry basis $84.06

4 2017 Alfalfa Small Bales Detailed Report Selected input quantities per acre Selected input prices $ per unit Forage yield, tons 5.00 Farm diesel, per gallon 2.35 Seeding rate, lbs 0 Operating interest, % 5.50 Nitrogen rate, lbs 0 Nitrogen, per lb 0.00 Phosphorus rate, lbs 70 Phosphorus, per lb 0.37 Potassium rate, lbs 200 Potassium, per lb 0.25 Lime rate, tons 0 Lime, per ton 0.00 Sum of allocated labor, hours 2.53 Skilled labor, per hour Irrigation, inches 0 Land value, per acre 2,400 Labor Fuel Operating Ownership Total Hours Gallons Costs 2 Costs 3 Costs Trips Machine activity (not custom) per acre per acre $ per acre $ per acre $ per acre per acre Boom sprayer (50 ft); 75 HP Swather (haybine) mower-conditioner (9 ft); Hay tedder (8.5 ft); 60 HP Wheel rake, V hitch (8 wheel); 60 HP Small square baler; 75 HP Pickup truck Total Farm business overhead includes liability insurance, utilities, accounting, etc. Machinery overhead is the sum of opportunity interest, property taxes, insurance, and housing. Machinery depreciation is a market value decline due to aging and usage. Thus, a portion of depreciation should be considered an operating costs for some decisions. Real estate charge includes land, improvements, taxes. Economic costs may differ from rental rates. 2 Machinery operating cost is the sum of fuel, repairs, maintenance, and the value of labor. 3 Machinery ownership cost is the sum of machinery overhead and depreciation (see page 1).

5 2017 Fescue-Clover Hay Enterprise Budget Fesc-Clover Hay Yield, tons air-dry: 3.01 Production Weighted value per ton, air-dry: $70.90 Owned land Dryland Business unit Income per acre Yield Price total Hay 1400 lb bales Grazing AUMs Other income 0.00 Total income per acre $ Operating costs per acre Seed 0.00 Fertilizer Nitrogen Phosphorus Potassium Other amendments 9.00 Crop protection 0.00 Herbicide 0.00 Insecticide-fungicide 0.00 Crop supplies, storage 9.00 Crop consulting 0.00 Custom hire and rental Machinery fuel and irrigation energy 5.70 Machinery repairs and maintenance 4.30 Operator and hired labor Other expense 0.00 Operating interest 2.82 Operating costs per acre $ Ownership costs per acre 1 Farm business overhead 3.50 Machinery overhead 9.80 Machinery depreciation Real estate charge Ownership costs per acre $62.18 Total costs per acre $ Income over operating costs per acre $ Income over total costs per acre $45.79 Operating costs per ton, air-dry basis $35.03 Ownership costs per ton, air-dry basis $20.66 Total costs per ton, air-dry basis $55.69

6 2017 Fescue-Clover Hay Detailed Report Selected input quantities per acre Selected input prices $ per unit Forage yield, tons 3.01 Farm diesel, per gallon 2.35 Seeding rate, lbs 0 Operating interest, % 5.50 Nitrogen rate, lbs 40 Nitrogen, per lb 0.33 Phosphorus rate, lbs 46 Phosphorus, per lb 0.37 Potassium rate, lbs 60 Potassium, per lb 0.25 Lime rate, tons 0.5 Lime, per ton Sum of allocated labor, hours 0.63 Skilled labor, per hour Irrigation, inches 0 Land value, per acre 1,900 Labor Fuel Operating Ownership Total Hours Gallons Costs 2 Costs 3 Costs Trips Machine activity (not custom) per acre per acre $ per acre $ per acre $ per acre per acre Disk mower-conditioner (9 ft); 130 MFWD Wheel rake, V hitch (8 wheel); 75 HP Round baler, net wrap (1500 lb); 130 MFWD Pickup truck Total Farm business overhead includes liability insurance, utilities, accounting, etc. Machinery overhead is the sum of opportunity interest, property taxes, insurance, and housing. Machinery depreciation is a market value decline due to aging and usage. Thus, a portion of depreciation should be considered an operating costs for some decisions. Real estate charge includes land, improvements, taxes. Economic costs may differ from rental rates. 2 Machinery operating cost is the sum of fuel, repairs, maintenance, and the value of labor. 3 Machinery ownership cost is the sum of machinery overhead and depreciation (see page 1).

7 2017 Fescue, Seed & Stubble Enterprise Budget Fescue+Seed+Stubble Prod Yield, tons air-dry: 3.21 Production Weighted value per ton, air-dry: $53.70 Owned land Dryland Business unit Income per acre Yield Price total Hay 1400 lb bales Grazing AUMs Seed lbs Other income 0.00 Total income per acre $ Operating costs per acre Seed 0.00 Fertilizer Nitrogen Phosphorus Potassium Other amendments 9.00 Crop protection 0.00 Herbicide 0.00 Insecticide-fungicide 0.00 Crop supplies, storage 5.00 Crop consulting 0.00 Custom hire and rental Machinery fuel and irrigation energy 6.52 Machinery repairs and maintenance 5.74 Operator and hired labor Other expense 0.00 Operating interest 3.52 Operating costs per acre $ Ownership costs per acre 1 Farm business overhead 2.33 Machinery overhead 9.73 Machinery depreciation Real estate charge Ownership costs per acre $60.13 Total costs per acre $ Income over operating costs per acre $ Income over total costs per acre $49.69

8 2017 Fescue, Seed & Stubble Detailed Report Selected input quantities per acre Selected input prices $ per unit Forage yield, tons 3.21 Farm diesel, per gallon 2.35 Seeding rate, lbs 0 Operating interest, % 5.50 Nitrogen rate, lbs 70 Nitrogen, per lb 0.33 Phosphorus rate, lbs 30 Phosphorus, per lb 0.37 Potassium rate, lbs 80 Potassium, per lb 0.25 Lime rate, tons 0.5 Lime, per ton Sum of allocated labor, hours 0.85 Skilled labor, per hour Irrigation, inches 0 Land value, per acre 1,900 Labor Fuel Operating Ownership Total Hours Gallons Costs 2 Costs 3 Costs Trips Machine activity (not custom) per acre per acre $ per acre $ per acre $ per acre per acre Swather (haybine) mower-conditioner (9 ft); Wheel rake, V hitch (8 wheel); 60 HP Round baler, net wrap (1500 lb); 105 MFWD Combine, fixed grain head (15 ft); 100 HP Com Pickup truck Total Farm business overhead includes liability insurance, utilities, accounting, etc. Machinery overhead is the sum of opportunity interest, property taxes, insurance, and housing. Machinery depreciation is a market value decline due to aging and usage. Thus, a portion of depreciation should be considered an operating costs for some decisions. Real estate charge includes land, improvements, taxes. Economic costs may differ from rental rates. 2 Machinery operating cost is the sum of fuel, repairs, maintenance, and the value of labor. 3 Machinery ownership cost is the sum of machinery overhead and depreciation (see page 1).