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Модель органической фермы. Роман Макухин

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Зелена Школа

The document provides guidelines for estimating crop production costs for various field crops in Manitoba for 2016, focusing on operating and fixed costs, potential yields, and profitability. It includes a detailed breakdown of costs such as seeds, fertilizers, and machinery, and encourages producers to adjust estimates based on their specific circumstances. This budget serves only as a guide and is not a comprehensive study of production costs.

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Guidelines for Estimating Crop Production Costs 2016 in Manitoba
Модель органической фермы. Роман Макухин
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Date: January, 2016 This tool is available as an Excel worksheet at: or at your local is also available to help determine machinery costs. Crop Production Costs - 2016 Guidelines For Estimating The following budgets are estimates of the cost of producing the most commonly grown field crops in Manitoba. General Manitoba Agriculture, Food and Rural Development (MAFRD) recommendations are assumed in using fertilizers and chemical inputs. These figures provide an economic evaluation of the crops and estimated yields required to cover all costs. Costs include labour, investment and depreciation, but do not include management costs, nor do they necessarily represent the average cost of production in Manitoba. These budgets may be adjusted by putting in your own figures. As a producer you are encouraged to calculate your own costs of production for various crops. On each farm, costs and yields differ due to soil type, climate and agronomic practices. Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and use of this information is the responsibility of the user. If you need help with a budget, contact your local MAFRD GO Office. The Farm Machinery Custom and Rental Rate Guide www.manitoba.ca/agriculture MAFRD GO Office.
Guidelines: Crop Production Costs 2 Manitoba Agriculture, Food and Rural Development Winter Navy Canola Wheat Wheat Soybeans Barley Oats Corn Beans Profitability Ranking 6 8 2 9 12 13 3 1 A. Operating Costs Seed & Treatment $52.25 $22.00 $20.00 $94.38 $15.00 $18.13 $78.30 $52.50 Fertilizer $78.99 $61.23 $66.14 $11.35 $53.48 $48.57 $94.42 $56.32 Herbicide $13.13 $26.21 $13.83 $14.67 $24.88 $9.50 $18.17 $66.21 Fungicide $36.25 $21.31 $21.31 $0.00 $17.25 $10.13 $0.00 $39.50 Insecticide $4.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Fuel $16.43 $20.05 $21.71 $15.34 $21.67 $23.33 $23.65 $18.87 Machinery Operating $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 Machinery Lease $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 Rental and Custom $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Crop Insurance $14.96 $11.82 $10.24 $22.31 $12.34 $14.21 $24.53 $28.78 Other Costs $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 Land Taxes $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 Drying Costs $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $35.00 $0.00 Interest on Operating $6.88 $5.39 $5.13 $5.26 $4.89 $4.32 $8.45 $8.13 Total Operating $256.98 $201.36 $191.71 $196.66 $182.85 $161.53 $315.88 $303.66 B. Fixed Costs Land Investment Costs $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 Machinery Depreciation $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 Machinery Investment $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 Storage Costs $5.23 $7.19 $9.80 $4.58 $10.46 $13.07 $15.03 $4.03 Total Fixed $116.36 $118.32 $120.94 $115.71 $121.59 $124.20 $126.17 $115.16 Total Operating & Fixed $373.34 $319.68 $312.65 $312.37 $304.45 $285.74 $442.04 $418.82 C. Labour $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 Total Costs $403.34 $349.68 $342.65 $342.37 $334.45 $315.74 $472.04 $448.82 Estimated Farmgate Market Price $ per unit $10.50 $6.50 $5.25 $10.00 $4.00 $3.00 $4.50 $0.28 Premium $ per unit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Yield per acre (bu or lb.) 40 55 75 35 80 100 115 1,850 Unit type bu bu bu bu bu bu bu lb Gross Revenue / acre $420.00 $357.50 $393.75 $350.00 $320.00 $300.00 $517.50 $518.00 Marginal Returns Over Operating Costs $163.02 $156.14 $202.04 $153.34 $137.15 $138.47 $201.62 $214.34 Over Total Costs (Net Profit) $16.66 $7.82 $51.10 $7.63 ($14.45) ($15.74) $45.46 $69.18 Operating Expense Ratio 61.2% 56.3% 48.7% 56.2% 57.1% 53.8% 61.0% 58.6% Breakeven Price Per Unit Operating Costs $6.42 $3.66 $2.56 $5.62 $2.29 $1.62 $2.75 $0.16 Total Costs $10.08 $6.36 $4.57 $9.78 $4.18 $3.16 $4.10 $0.24 Breakeven Yield (Bu or lb.) Operating Costs 24.5 31.0 36.5 19.7 45.7 53.8 70.2 1085 Total Costs 38.4 53.8 65.3 34.2 83.6 105.2 104.9 1603 Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Profitability & Breakeven Analysis Crop Production Costs 2016 Guidelines (Dollars Per Acre)
Guidelines: Crop Production Costs 3 Manitoba Agriculture, Food and Rural Development Canary Buck- Hemp- Flax Confects Oil Peas Fall Rye Seed Lentils wheat seed Your Farm 14 4 10 5 7 15 16 17 11 $22.80 $48.31 $38.00 $30.25 $10.50 $14.08 $32.50 $25.00 $40.00 $43.27 $53.48 $53.48 $14.19 $46.11 $48.57 $14.19 $31.00 $56.32 $18.25 $43.79 $24.75 $16.00 $6.70 $13.53 $16.00 $5.25 $38.82 $14.38 $28.75 $28.75 $14.38 $0.00 $9.91 $14.38 $0.00 $0.00 $0.00 $13.23 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.83 $19.92 $20.25 $15.75 $16.55 $17.10 $15.81 $14.17 $17.32 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $14.52 $29.47 $18.54 $19.19 $14.09 $21.73 $25.50 $30.35 $33.62 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $0.00 $10.00 $10.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00 $4.47 $7.71 $6.25 $3.94 $3.50 $4.35 $4.17 $3.83 $6.58 $166.87 $288.01 $233.37 $147.06 $130.80 $162.62 $155.90 $142.95 $246.01 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $3.27 $10.40 $10.99 $5.23 $6.54 $2.80 $2.40 $2.22 $1.71 $114.40 $121.53 $122.13 $116.36 $117.67 $113.93 $113.53 $113.36 $112.84 $281.27 $409.54 $355.49 $263.42 $248.47 $276.55 $269.43 $256.30 $358.85 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $311.27 $439.54 $385.49 $293.42 $278.47 $306.55 $299.43 $286.30 $388.85 $11.75 $0.27 $0.21 $8.00 $5.75 $0.24 $0.24 $13.00 $0.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 25 1,750 1,850 40 50 1,200 1,100 17 575 bu lb lb bu bu lb lb bu lb $293.75 $472.50 $388.50 $320.00 $287.50 $288.00 $264.00 $221.00 $391.00 $126.88 $184.49 $155.13 $172.94 $156.70 $125.38 $108.10 $78.05 $144.99 ($17.52) $32.96 $3.01 $26.58 $9.03 ($18.55) ($35.43) ($65.30) $2.15 56.8% 61.0% 60.1% 46.0% 45.5% 56.5% 59.1% 64.7% 62.9% $6.67 $0.16 $0.13 $3.68 $2.62 $0.14 $0.14 $8.41 $0.43 $12.45 $0.25 $0.21 $7.34 $5.57 $0.26 $0.27 $16.84 $0.68 14.2 1067 1111 18.4 22.7 678 650 11.0 361.8 26.5 1628 1836 36.7 48.4 1277 1248 22.0 571.8 Profitability & Breakeven Analysis Sunflowers Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Crop Production Costs 2016 Guidelines (Dollars Per Acre)
Guidelines: Crop Production Costs 4 Manitoba Agriculture, Food and Rural Development Winter Navy Canola Wheat Wheat Soybeans Barley Oats Corn Beans A. Operating Costs $256.98 $201.36 $191.71 $196.66 $182.85 $161.53 $315.88 $303.66 B. Fixed Costs $116.36 $118.32 $120.94 $115.71 $121.59 $124.20 $126.17 $115.16 Total Costs $403.34 $349.68 $342.65 $342.37 $334.45 $315.74 $472.04 $448.82 Estimated Farmgate Price $ per unit $10.50 $6.50 $5.25 $10.00 $4.00 $3.00 $4.50 $0.28 Yield per acre (bu or lb.) 40 55 75 35 80 100 115 1,850 Unit type bu bu bu bu bu bu bu lb Up Down Up Down Percent Price Variation 5% 10% Percent Yield Variation 10% 5% Higher Price ($ per unit) $11.03 $6.83 $5.51 $10.50 $4.20 $3.15 $4.73 $0.29 Lower Price ($ per unit) $9.45 $5.85 $4.73 $9.00 $3.60 $2.70 $4.05 $0.25 Higher Yield (per acre) 44.0 60.5 82.5 38.5 88.0 110.0 126.5 2,035.0 Lower Yield (per acre) 38.0 52.3 71.3 33.3 76.0 95.0 109.3 1,757.5 Higher Margin Scenario - Price Up 5% and Yield Up 10% Gross Revenue / acre $485.10 $412.91 $454.78 $404.25 $369.60 $346.50 $597.71 $598.29 Marginal Returns Over Operating Costs $228.12 $211.55 $263.07 $207.59 $186.75 $184.97 $281.84 $294.63 Over Total Costs (Net Profit) $81.76 $63.23 $112.14 $61.88 $35.15 $30.76 $125.67 $149.47 Profitability Ranking 5 7 3 10 12 13 2 1 Operating Expense Ratio 53.0% 48.8% 42.2% 48.6% 49.5% 46.6% 52.8% 50.8% Lower Margin Scenario - Price Down 10% and Yield Down 5% Gross Revenue / acre $359.10 $305.66 $336.66 $299.25 $273.60 $256.50 $442.46 $442.89 Marginal Returns Over Operating Costs $102.12 $104.30 $144.95 $102.59 $90.75 $94.97 $126.59 $139.23 Over Total Costs (Net Profit) ($44.24) ($44.02) ($5.99) ($43.12) ($60.85) ($59.24) ($29.58) ($5.93) Profitability Ranking 9 8 2 7 15 12 4 1 Operating Expense Ratio 71.6% 65.9% 56.9% 65.7% 66.8% 63.0% 71.4% 68.6% Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Risk & Sensitivity Analysis
Guidelines: Crop Production Costs 5 Manitoba Agriculture, Food and Rural Development Canary Buck- Flax Confects Oil Peas Fall Rye Seed Lentils wheat Hemp Your Farm $166.87 $288.01 $233.37 $147.06 $130.80 $162.62 $155.90 $142.95 $246.01 $114.40 $121.53 $122.13 $116.36 $117.67 $113.93 $113.53 $113.36 $112.84 $311.27 $439.54 $385.49 $293.42 $278.47 $306.55 $299.43 $286.30 $388.85 $11.75 $0.27 $0.21 $8.00 $5.75 $0.24 $0.24 $13.00 $0.68 25 1,750 1,850 40 50 1,200 1,100 17 575 bu lb lb bu bu lb lb bu lb $12.34 $0.28 $0.22 $8.40 $6.04 $0.25 $0.25 $13.65 $0.71 $10.58 $0.24 $0.19 $7.20 $5.18 $0.22 $0.22 $11.70 $0.61 27.5 1,925.0 2,035.0 44.0 55.0 1,320.0 1,210.0 18.7 632.5 23.8 1,662.5 1,757.5 38.0 47.5 1,140.0 1,045.0 16.2 546.3 $339.28 $545.74 $448.72 $369.60 $332.06 $332.64 $304.92 $255.26 $451.61 $172.41 $257.73 $215.35 $222.54 $201.26 $170.02 $149.02 $112.31 $205.60 $28.01 $106.20 $63.22 $76.18 $53.59 $26.09 $5.49 ($31.05) $62.76 14 4 8 6 11 15 16 17 9 49.2% 52.8% 52.0% 39.8% 39.4% 48.9% 51.1% 56.0% 54.5% $251.16 $403.99 $332.17 $273.60 $245.81 $246.24 $225.72 $188.96 $334.31 $84.28 $115.98 $98.80 $126.54 $115.01 $83.62 $69.82 $46.01 $88.30 ($60.12) ($35.55) ($53.33) ($19.82) ($32.66) ($60.31) ($73.71) ($97.35) ($54.54) 13 6 10 3 5 14 16 17 11 66.4% 71.3% 70.3% 53.7% 53.2% 66.0% 69.1% 75.7% 73.6% Sunflowers Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Risk & Sensitivity Analysis
Guidelines: Crop Production Costs 6 Manitoba Agriculture, Food and Rural Development Seeding Rate Price Cost Crop per Acre per Unit per Acre Canola 4.75 lb $11.00 /lb $52.25 Wheat 2.0 bu $11.00 /bu $22.00 Winter wheat 2.0 bu $10.00 /bu $20.00 * Soybeans 1.43 units $66.00 /unit $94.38 Barley 2.0 bu $7.50 /bu $15.00 Oats 2.5 bu $7.25 /bu $18.13 Corn 29,000 plants $0.0027 /plant $78.30 Navy Beans 50 lbs $1.05 /lb $52.50 Flaxseed 60 lb $0.38 /lb $22.80 Sunflowers Confection 18,000 plants $0.00268 /plant $48.31 Sunflowers Oil 20,000 plants $0.0019 /plant $38.00 Peas 2.75 bu $11.00 /bu $30.25 Fall Rye 1.5 bu $7.00 /bu $10.50 Canary Seed 44 lbs $0.32 /lb $14.08 Lentils 50 lb $0.65 /lb $32.50 Buckwheat 1 bu $25.00 /bu $25.00 Hempseed 20 lb $2.00 /lb $40.00 * If row cropping, change seeding rate to 1.3 units/acre which reduces seed cost by 10% Bulk Price Actual Nutrient Nitrogen Sulphur Fertilizer Type $/tonne $/lb Usage Usage Nitrogen: (urea) 46-0-0 $536 $0.529 50% - Nitrogen: (NH3) 82-0-0 $820 $0.454 50% - Nitrogen: (liquid) 28-0-0 $344 $0.557 0% - Phosphorus: 11-52-0 $779 $0.568 - - Potash: 0-0-60 $507 $0.383 - - Sulphur: 20.5-0-0-24 $449 $0.397 - 100% MES S15: 13-33-0-15 $776 $0.640 - 0% Total Crop lbs $/acre lbs $/acre lbs $/acre lbs $/acre $/acre Canola 110 $54.02 30 $17.03 0 $0.00 20 $7.94 $78.99 Wheat 90 $44.20 30 $17.03 0 $0.00 0 $0.00 $61.23 Winter wheat 100 $49.11 30 $17.03 0 $0.00 0 $0.00 $66.14 Soybeans 0 $0.00 20 $11.35 0 $0.00 0 $0.00 $11.35 Barley 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Oats 70 $34.37 25 $14.19 0 $0.00 0 $0.00 $48.57 Corn 130 $63.84 30 $17.03 25 $9.58 10 $3.97 $94.42 Navy Beans 80 $39.29 30 $17.03 0 $0.00 0 $0.00 $56.32 Flaxseed 65 $31.92 20 $11.35 0 $0.00 0 $0.00 $43.27 Sunflowers Confection 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Sunflowers Oil 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Peas 0 $0.00 25 $14.19 0 $0.00 0 $0.00 $14.19 Fall Rye 65 $31.92 25 $14.19 0 $0.00 0 $0.00 $46.11 Canary Seed 70 $34.37 25 $14.19 0 $0.00 0 $0.00 $48.57 Lentils 0 $0.00 25 $14.19 0 $0.00 0 $0.00 $14.19 Buckwheat 40 $19.64 20 $11.35 0 $0.00 0 $0.00 $31.00 Hempseed 80 $39.29 30 $17.03 0 $0.00 0 $0.00 $56.32 The fertilizer recommendation will vary depending on the soil type, climate and crop rotation. MAFRD recommends that soil test sampling and analysis be conducted each year to produce a better baseline for fertility. It costs $0.50 to $1.50/acre for custom sampling and analysis. Seed & Treatment Fertilizer Amount of Actual Pounds of Elements Applied Per Acre Nitrogen Phosphorus Potash Sulphur
Guidelines: Crop Production Costs 7 Manitoba Agriculture, Food and Rural Development Weed Disease Insect Total Control Control Control Cost Crop $/acre $/acre $/acre $/acre Canola $13.13 $36.25 $4.73 $54.11 Wheat $26.21 $21.31 $0.00 $47.52 Winter wheat $13.83 $21.31 $0.00 $35.14 Soybeans $14.67 $0.00 $0.00 $14.67 Barley $24.88 $17.25 $0.00 $42.13 Oats $9.50 $10.13 $0.00 $19.63 Corn $18.17 $0.00 $0.00 $18.17 Navy Beans $66.21 $39.50 $0.00 $105.71 Flaxseed $18.25 $14.38 $0.00 $32.63 Sunflowers Confection $43.79 $28.75 $13.23 $85.77 Sunflowers Oil $24.75 $28.75 $0.00 $53.50 Peas $16.00 $14.38 $0.00 $30.38 Fall Rye $6.70 $0.00 $0.00 $6.70 Canary Seed $13.53 $9.91 $0.00 $23.44 Lentils $16.00 $14.38 $0.00 $30.38 Buckwheat $5.25 $0.00 $0.00 $5.25 Hempseed $38.82 $0.00 $0.00 $38.82 Note: Pre-emergent burn off and/or pre-harvest desiccation not included in weed control costs. (except for wheat, win. wheat and sunflowers). Chemical costs do not include year end rebates or bundling discounts. Disease Control costs (except for sunflowers) do not include custom application costs. Insect Control costs (except for sunflowers) do not include custom application costs. Chemicals
Guidelines: Crop Production Costs 8 Manitoba Agriculture, Food and Rural Development Interest Rate on Operating 5.50% Grain Hauling Land Taxes ($/acre) $12.00 Distance to storage 6 miles roundtrip Labour rate ($/hour) $20.00 Distance to market 45 miles roundtrip Machinery Operating ($/acre) $10.00 Grain truck fuel use 5 Miles per Imp. Gallon Other Costs ($/acre) $7.75 Grain truck size 475 bushels Fuel Cost ($/litre) $0.85 Labour Crop Drying Storage Crop (hrs/acre) Fuel Insurance Costs $/acre Seeding Application Swathing Harvest General Total Canola 1.5 $16.43 $14.96 - $5.23 - - - - - $0.00 Wheat 1.5 $20.05 $11.82 - $7.19 - - - - - $0.00 Winter wheat 1.5 $21.71 $10.24 - $9.80 - - - - - $0.00 Soybeans 1.5 $15.34 $22.31 - $4.58 - - - - - $0.00 Barley 1.5 $21.67 $12.34 - $10.46 - - - - - $0.00 Oats 1.5 $23.33 $14.21 - $13.07 - - - - - $0.00 Corn 1.5 $23.65 $24.53 $35.00 $15.03 - - - - - $0.00 Navy Beans 1.5 $18.87 $28.78 - $4.03 - - - - - $0.00 Flaxseed 1.5 $15.83 $14.52 - $3.27 - - - - - $0.00 Sunflowers Confection 1.5 $19.92 $29.47 $10.00 $10.40 - - - - - $0.00 Sunflowers Oil 1.5 $20.25 $18.54 $10.00 $10.99 - - - - - $0.00 Peas 1.5 $15.75 $19.19 - $5.23 - - - - - $0.00 Fall Rye 1.5 $16.55 $14.09 - $6.54 - - - - - $0.00 Canary Seed 1.5 $17.10 $21.73 - $2.80 - - - - - $0.00 Lentils 1.5 $15.81 $25.50 - $2.40 - - - - - $0.00 Buckwheat 1.5 $14.17 $30.35 - $2.22 - - - - - $0.00 Hempseed 1.5 $17.32 $33.62 $20.00 $1.71 - - - - - $0.00 * Storage costs are listed under Fixed Costs on the Summary Page. Total Crop L/acre 2.25 3.5 0.75 2.5 1.3 0.42 1.13 5.54 2 Canola 19.33 1 1 1 3 1 1 2 3.90 Wheat 23.59 1 1 1 1 4 1 2 5.37 Winter wheat 25.54 1 1 1 1 4 1 2 7.32 Soybeans 18.05 1 2 1 2 1 2 3.42 Barley 25.49 2 1 1 3 1 1 2 7.81 Oats 27.44 2 1 1 3 1 1 2 9.76 Corn 27.83 1 1 1 1 3 1 2 11.23 Navy Beans 22.20 1 2 1 3 1 1 2 7.22 Flaxseed 18.62 1 2 1 3 1 1 2 2.44 Sunflowers Confection 23.43 1 1 1 1 3 1 2 6.83 Sunflowers Oil 23.82 1 1 1 1 3 1 2 7.22 Peas 18.53 1 2 1 2 1 2 3.90 Fall Rye 19.47 1 1 1 1 1 1 2 4.88 Canary Seed 20.12 1 1 1 3 1 1 2 4.69 Lentils 18.60 1 1 1 3 1 2 4.30 Buckwheat 16.67 1 1 1 2 1 1 2 1.66 Hempseed 20.38 1 1 2 1 2 1 2 2.25 swather combine 3/4 ton pickup grain hauling Trucks L/acreNumber of Field Operations & Litres Fuel Per Acre Per Operation Operating Costs cultivator or tandem disk high speed disk harrow or land roller air drill row planter SP sprayer Field Fuel Usage Rental and Custom Costs Operating Cost ($/Acre)
Guidelines: Crop Production Costs 9 Manitoba Agriculture, Food and Rural Development Land value ($/acre) $2,150 Land cost ($/acre) $53.75 Total Crop acres 2,000 Machinery Investment ($/acre) $459.06 Depreciation Rate 10.0% Investment Rate 2.50% Machinery Depreciation cost ($/acre) $45.91 Machinery Investment cost ($/acre) $11.48 Grain Storage Usage % Cost Machinery Lease cost ($/acre) $3.60 Non-aeration bins 25% $1.85 /bu Total ($/acre) $60.98 Aeration bins 75% $2.35 /bu Market Grain Grain Market Grain Grain Power & Misc Equipment Value Usage % Allocation Harvest Equipment Value Usage % Allocation 4WD Tractor 375HP $175,000 100% $175,000 Combine $200,000 100% $200,000 MFWD Tractor 150HP $50,000 100% $50,000 Swather 35 ft $75,000 100% $75,000 2WD Tractor 60HP $20,000 75% $15,000 PTO Auger 13x70 $10,000 100% $10,000 ATV Quad $3,500 75% $2,625 Auger 8x35 $4,000 100% $4,000 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $242,625 Total $289,000 Market Grain Grain Market Grain Grain Seeding, Tillage, Spraying Value Usage % Allocation Trucks & Trailers Value Usage % Allocation Cultivator $25,000 100% $25,000 Tandem grain truck $50,000 100% $50,000 Harrow 80ft $35,000 100% $35,000 Grain cart $20,000 100% $20,000 Air tank $40,000 100% $40,000 5th wheel flatdeck $10,000 100% $10,000 Air drill 50ft $100,000 100% $100,000 $0 0% $0 SP sprayer $100,000 100% $100,000 $0 0% $0 Rock picker $4,000 100% $4,000 $0 0% $0 Water tanks $2,500 100% $2,500 $0 0% $0 $0 0% $0 $0 0% $0 Total $306,500 $306,500 Total $80,000 Owned Equipment TOTAL $918,125 $459.06 per acre Annual Grain Grain Annual Grain Grain Power & Misc Equipment Lease Usage % Allocation Harvest Equipment Lease Usage % Allocation enter equipment here $0 0% $0 enter equipment here $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $0 Total $0 Annual Grain Grain Annual Grain Grain Seeding, Tillage, Spraying Lease Usage % Allocation Trucks & Trailers Lease Usage % Allocation enter equipment here $0 0% $0 3/4 ton pickup $9,600 75% $7,200 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $0 $0 Total $7,200 Leased Equipment TOTAL $7,200 $3.60 per acre * Leased equipment costs are listed under Operating Costs on the Summary Page. Fixed Costs Owned Equipment Inventory and Current Values Leased Equipment Inventory
Guidelines: Crop Production Costs 10 Manitoba Agriculture, Food and Rural Development Fuel Costs: Includes fuel used for field work, trucking in inputs and trucking out production. Machinery Operating Costs: Includes costs for maintenance, repairs, licenses and insurance. Crop Insurance: (2015 rates) 80% coverage and additional hail insurance at $160/acre coverage for all crops. Other Costs: Includes overhead expenses - hydro, telephone, accounting, buildings, supplies and insurance, etc. Interest On Operating: Interest charges on operating costs are calculated at 5.5% for six months. Land Investment Cost: Depreciation: Assumed 10% on machinery, no salvage value. Investment Cost: Assumed 2.5% opportunity cost on machinery. Estimated Farmgate Values: Crop prices are based on deferred delivery contract prices for fall 2015. Yields are based on Manitoba 10 year average yields (2004 to 2013) from MASC production data. Depreciation Cost = Original Cost - Salvage Value Useful Life Investment Cost = Original Cost + Salvage Value x Investment Rate 2 Storage Cost: Storage costs for each crop are based on estimated yields entered on the Summary page. Assumed a 10% depreciation cost and 2.5% investment cost. Example - Wheat Non-Aeration Bins (25%) Depreciation: $101.75-$10.175 20 years $4.58 Investment: $101.75+$10.175 2 x 2.5% $1.40 Sub-Total $5.98 x 25% = $1.49 Aeration Bins (75%) Depreciation: $129.25-$12.925 20 years $5.82 Investment: $129.25+$12.925 2 x 2.5% $1.78 Sub-Total $7.59 x 75% = $5.70 Total $7.19 Profitability & Breakeven Analysis: Gross Revenue = Price per unit x Yield per acre (eg. wheat: $6.50/bu x 55bu/ac = $357.50/ac) Net Profit = Gross Revenue - Total Cost (eg. wheat: $357.50 gross revenue - $349.68 total cost = $7.82 per acre) Operating Expense Ratio = (Operating Cost / Gross Revenue) x 100 (eg. wheat: $201.36 operating expense / $357.5 total cost = 56.3%) Breakeven Price = Cost / Target Yield (eg. wheat cost $349.68 / 55 bu = $6.36 per bu) Breakeven Yield = Cost / Price per Unit (eg. wheat cost $349.68 / $6.50 bu = 53.8 bu) Created and maintained by January, 2016 For more information, contact your local Gary Smart Roy Arnott Darren Bond Farm Management Specialist Farm Management Specialist Farm Management Specialist Rhonda Linde Farm Management Specialist Land Taxes: The average cost based on land tax assessment and mill rates of a sample of municipalities growing crops less provincial tax rebate. Drying Costs: Budget allocates costs only for corn, sunflowers and hemp. However, drying costs may be incurred in some years for the other crops. Land value are based on approximate average land values. Budget assumed 2.5% return on land investment Farm storage requirements were assumed to cost $1.85/bushel for 25% of the storage and $2.35/bushel for 75% aerated storage. Other Assumptions MAFRD Farm Management MAFRD GO Office or:
Модель органической фермы. Роман Макухин
ESR-016086 January 2015 For more information • Contact your local Manitoba Agriculture, Food and Rural Development (MAFRD) Growing Opportunities (GO) Office. • Visit us at manitoba.ca/agriculture.

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Модель органической фермы. Роман Макухин

  • 1. Guidelines for Estimating Crop Production Costs 2016 in Manitoba
  • 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Date: January, 2016 This tool is available as an Excel worksheet at: or at your local is also available to help determine machinery costs. Crop Production Costs - 2016 Guidelines For Estimating The following budgets are estimates of the cost of producing the most commonly grown field crops in Manitoba. General Manitoba Agriculture, Food and Rural Development (MAFRD) recommendations are assumed in using fertilizers and chemical inputs. These figures provide an economic evaluation of the crops and estimated yields required to cover all costs. Costs include labour, investment and depreciation, but do not include management costs, nor do they necessarily represent the average cost of production in Manitoba. These budgets may be adjusted by putting in your own figures. As a producer you are encouraged to calculate your own costs of production for various crops. On each farm, costs and yields differ due to soil type, climate and agronomic practices. Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and use of this information is the responsibility of the user. If you need help with a budget, contact your local MAFRD GO Office. The Farm Machinery Custom and Rental Rate Guide www.manitoba.ca/agriculture MAFRD GO Office.
  • 4. Guidelines: Crop Production Costs 2 Manitoba Agriculture, Food and Rural Development Winter Navy Canola Wheat Wheat Soybeans Barley Oats Corn Beans Profitability Ranking 6 8 2 9 12 13 3 1 A. Operating Costs Seed & Treatment $52.25 $22.00 $20.00 $94.38 $15.00 $18.13 $78.30 $52.50 Fertilizer $78.99 $61.23 $66.14 $11.35 $53.48 $48.57 $94.42 $56.32 Herbicide $13.13 $26.21 $13.83 $14.67 $24.88 $9.50 $18.17 $66.21 Fungicide $36.25 $21.31 $21.31 $0.00 $17.25 $10.13 $0.00 $39.50 Insecticide $4.73 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Fuel $16.43 $20.05 $21.71 $15.34 $21.67 $23.33 $23.65 $18.87 Machinery Operating $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 Machinery Lease $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 Rental and Custom $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Crop Insurance $14.96 $11.82 $10.24 $22.31 $12.34 $14.21 $24.53 $28.78 Other Costs $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 Land Taxes $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 Drying Costs $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $35.00 $0.00 Interest on Operating $6.88 $5.39 $5.13 $5.26 $4.89 $4.32 $8.45 $8.13 Total Operating $256.98 $201.36 $191.71 $196.66 $182.85 $161.53 $315.88 $303.66 B. Fixed Costs Land Investment Costs $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 Machinery Depreciation $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 Machinery Investment $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 Storage Costs $5.23 $7.19 $9.80 $4.58 $10.46 $13.07 $15.03 $4.03 Total Fixed $116.36 $118.32 $120.94 $115.71 $121.59 $124.20 $126.17 $115.16 Total Operating & Fixed $373.34 $319.68 $312.65 $312.37 $304.45 $285.74 $442.04 $418.82 C. Labour $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 Total Costs $403.34 $349.68 $342.65 $342.37 $334.45 $315.74 $472.04 $448.82 Estimated Farmgate Market Price $ per unit $10.50 $6.50 $5.25 $10.00 $4.00 $3.00 $4.50 $0.28 Premium $ per unit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Yield per acre (bu or lb.) 40 55 75 35 80 100 115 1,850 Unit type bu bu bu bu bu bu bu lb Gross Revenue / acre $420.00 $357.50 $393.75 $350.00 $320.00 $300.00 $517.50 $518.00 Marginal Returns Over Operating Costs $163.02 $156.14 $202.04 $153.34 $137.15 $138.47 $201.62 $214.34 Over Total Costs (Net Profit) $16.66 $7.82 $51.10 $7.63 ($14.45) ($15.74) $45.46 $69.18 Operating Expense Ratio 61.2% 56.3% 48.7% 56.2% 57.1% 53.8% 61.0% 58.6% Breakeven Price Per Unit Operating Costs $6.42 $3.66 $2.56 $5.62 $2.29 $1.62 $2.75 $0.16 Total Costs $10.08 $6.36 $4.57 $9.78 $4.18 $3.16 $4.10 $0.24 Breakeven Yield (Bu or lb.) Operating Costs 24.5 31.0 36.5 19.7 45.7 53.8 70.2 1085 Total Costs 38.4 53.8 65.3 34.2 83.6 105.2 104.9 1603 Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Profitability & Breakeven Analysis Crop Production Costs 2016 Guidelines (Dollars Per Acre)
  • 5. Guidelines: Crop Production Costs 3 Manitoba Agriculture, Food and Rural Development Canary Buck- Hemp- Flax Confects Oil Peas Fall Rye Seed Lentils wheat seed Your Farm 14 4 10 5 7 15 16 17 11 $22.80 $48.31 $38.00 $30.25 $10.50 $14.08 $32.50 $25.00 $40.00 $43.27 $53.48 $53.48 $14.19 $46.11 $48.57 $14.19 $31.00 $56.32 $18.25 $43.79 $24.75 $16.00 $6.70 $13.53 $16.00 $5.25 $38.82 $14.38 $28.75 $28.75 $14.38 $0.00 $9.91 $14.38 $0.00 $0.00 $0.00 $13.23 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $15.83 $19.92 $20.25 $15.75 $16.55 $17.10 $15.81 $14.17 $17.32 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $3.60 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $14.52 $29.47 $18.54 $19.19 $14.09 $21.73 $25.50 $30.35 $33.62 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $0.00 $10.00 $10.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.00 $4.47 $7.71 $6.25 $3.94 $3.50 $4.35 $4.17 $3.83 $6.58 $166.87 $288.01 $233.37 $147.06 $130.80 $162.62 $155.90 $142.95 $246.01 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $53.75 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $45.91 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $11.48 $3.27 $10.40 $10.99 $5.23 $6.54 $2.80 $2.40 $2.22 $1.71 $114.40 $121.53 $122.13 $116.36 $117.67 $113.93 $113.53 $113.36 $112.84 $281.27 $409.54 $355.49 $263.42 $248.47 $276.55 $269.43 $256.30 $358.85 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $30.00 $311.27 $439.54 $385.49 $293.42 $278.47 $306.55 $299.43 $286.30 $388.85 $11.75 $0.27 $0.21 $8.00 $5.75 $0.24 $0.24 $13.00 $0.68 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 25 1,750 1,850 40 50 1,200 1,100 17 575 bu lb lb bu bu lb lb bu lb $293.75 $472.50 $388.50 $320.00 $287.50 $288.00 $264.00 $221.00 $391.00 $126.88 $184.49 $155.13 $172.94 $156.70 $125.38 $108.10 $78.05 $144.99 ($17.52) $32.96 $3.01 $26.58 $9.03 ($18.55) ($35.43) ($65.30) $2.15 56.8% 61.0% 60.1% 46.0% 45.5% 56.5% 59.1% 64.7% 62.9% $6.67 $0.16 $0.13 $3.68 $2.62 $0.14 $0.14 $8.41 $0.43 $12.45 $0.25 $0.21 $7.34 $5.57 $0.26 $0.27 $16.84 $0.68 14.2 1067 1111 18.4 22.7 678 650 11.0 361.8 26.5 1628 1836 36.7 48.4 1277 1248 22.0 571.8 Profitability & Breakeven Analysis Sunflowers Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Crop Production Costs 2016 Guidelines (Dollars Per Acre)
  • 6. Guidelines: Crop Production Costs 4 Manitoba Agriculture, Food and Rural Development Winter Navy Canola Wheat Wheat Soybeans Barley Oats Corn Beans A. Operating Costs $256.98 $201.36 $191.71 $196.66 $182.85 $161.53 $315.88 $303.66 B. Fixed Costs $116.36 $118.32 $120.94 $115.71 $121.59 $124.20 $126.17 $115.16 Total Costs $403.34 $349.68 $342.65 $342.37 $334.45 $315.74 $472.04 $448.82 Estimated Farmgate Price $ per unit $10.50 $6.50 $5.25 $10.00 $4.00 $3.00 $4.50 $0.28 Yield per acre (bu or lb.) 40 55 75 35 80 100 115 1,850 Unit type bu bu bu bu bu bu bu lb Up Down Up Down Percent Price Variation 5% 10% Percent Yield Variation 10% 5% Higher Price ($ per unit) $11.03 $6.83 $5.51 $10.50 $4.20 $3.15 $4.73 $0.29 Lower Price ($ per unit) $9.45 $5.85 $4.73 $9.00 $3.60 $2.70 $4.05 $0.25 Higher Yield (per acre) 44.0 60.5 82.5 38.5 88.0 110.0 126.5 2,035.0 Lower Yield (per acre) 38.0 52.3 71.3 33.3 76.0 95.0 109.3 1,757.5 Higher Margin Scenario - Price Up 5% and Yield Up 10% Gross Revenue / acre $485.10 $412.91 $454.78 $404.25 $369.60 $346.50 $597.71 $598.29 Marginal Returns Over Operating Costs $228.12 $211.55 $263.07 $207.59 $186.75 $184.97 $281.84 $294.63 Over Total Costs (Net Profit) $81.76 $63.23 $112.14 $61.88 $35.15 $30.76 $125.67 $149.47 Profitability Ranking 5 7 3 10 12 13 2 1 Operating Expense Ratio 53.0% 48.8% 42.2% 48.6% 49.5% 46.6% 52.8% 50.8% Lower Margin Scenario - Price Down 10% and Yield Down 5% Gross Revenue / acre $359.10 $305.66 $336.66 $299.25 $273.60 $256.50 $442.46 $442.89 Marginal Returns Over Operating Costs $102.12 $104.30 $144.95 $102.59 $90.75 $94.97 $126.59 $139.23 Over Total Costs (Net Profit) ($44.24) ($44.02) ($5.99) ($43.12) ($60.85) ($59.24) ($29.58) ($5.93) Profitability Ranking 9 8 2 7 15 12 4 1 Operating Expense Ratio 71.6% 65.9% 56.9% 65.7% 66.8% 63.0% 71.4% 68.6% Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Risk & Sensitivity Analysis
  • 7. Guidelines: Crop Production Costs 5 Manitoba Agriculture, Food and Rural Development Canary Buck- Flax Confects Oil Peas Fall Rye Seed Lentils wheat Hemp Your Farm $166.87 $288.01 $233.37 $147.06 $130.80 $162.62 $155.90 $142.95 $246.01 $114.40 $121.53 $122.13 $116.36 $117.67 $113.93 $113.53 $113.36 $112.84 $311.27 $439.54 $385.49 $293.42 $278.47 $306.55 $299.43 $286.30 $388.85 $11.75 $0.27 $0.21 $8.00 $5.75 $0.24 $0.24 $13.00 $0.68 25 1,750 1,850 40 50 1,200 1,100 17 575 bu lb lb bu bu lb lb bu lb $12.34 $0.28 $0.22 $8.40 $6.04 $0.25 $0.25 $13.65 $0.71 $10.58 $0.24 $0.19 $7.20 $5.18 $0.22 $0.22 $11.70 $0.61 27.5 1,925.0 2,035.0 44.0 55.0 1,320.0 1,210.0 18.7 632.5 23.8 1,662.5 1,757.5 38.0 47.5 1,140.0 1,045.0 16.2 546.3 $339.28 $545.74 $448.72 $369.60 $332.06 $332.64 $304.92 $255.26 $451.61 $172.41 $257.73 $215.35 $222.54 $201.26 $170.02 $149.02 $112.31 $205.60 $28.01 $106.20 $63.22 $76.18 $53.59 $26.09 $5.49 ($31.05) $62.76 14 4 8 6 11 15 16 17 9 49.2% 52.8% 52.0% 39.8% 39.4% 48.9% 51.1% 56.0% 54.5% $251.16 $403.99 $332.17 $273.60 $245.81 $246.24 $225.72 $188.96 $334.31 $84.28 $115.98 $98.80 $126.54 $115.01 $83.62 $69.82 $46.01 $88.30 ($60.12) ($35.55) ($53.33) ($19.82) ($32.66) ($60.31) ($73.71) ($97.35) ($54.54) 13 6 10 3 5 14 16 17 11 66.4% 71.3% 70.3% 53.7% 53.2% 66.0% 69.1% 75.7% 73.6% Sunflowers Note: This budget is only a guide and is not intended as an in depth study of the cost of production of this industry. Interpretation and utilization of this information is the responsibility of the user. Risk & Sensitivity Analysis
  • 8. Guidelines: Crop Production Costs 6 Manitoba Agriculture, Food and Rural Development Seeding Rate Price Cost Crop per Acre per Unit per Acre Canola 4.75 lb $11.00 /lb $52.25 Wheat 2.0 bu $11.00 /bu $22.00 Winter wheat 2.0 bu $10.00 /bu $20.00 * Soybeans 1.43 units $66.00 /unit $94.38 Barley 2.0 bu $7.50 /bu $15.00 Oats 2.5 bu $7.25 /bu $18.13 Corn 29,000 plants $0.0027 /plant $78.30 Navy Beans 50 lbs $1.05 /lb $52.50 Flaxseed 60 lb $0.38 /lb $22.80 Sunflowers Confection 18,000 plants $0.00268 /plant $48.31 Sunflowers Oil 20,000 plants $0.0019 /plant $38.00 Peas 2.75 bu $11.00 /bu $30.25 Fall Rye 1.5 bu $7.00 /bu $10.50 Canary Seed 44 lbs $0.32 /lb $14.08 Lentils 50 lb $0.65 /lb $32.50 Buckwheat 1 bu $25.00 /bu $25.00 Hempseed 20 lb $2.00 /lb $40.00 * If row cropping, change seeding rate to 1.3 units/acre which reduces seed cost by 10% Bulk Price Actual Nutrient Nitrogen Sulphur Fertilizer Type $/tonne $/lb Usage Usage Nitrogen: (urea) 46-0-0 $536 $0.529 50% - Nitrogen: (NH3) 82-0-0 $820 $0.454 50% - Nitrogen: (liquid) 28-0-0 $344 $0.557 0% - Phosphorus: 11-52-0 $779 $0.568 - - Potash: 0-0-60 $507 $0.383 - - Sulphur: 20.5-0-0-24 $449 $0.397 - 100% MES S15: 13-33-0-15 $776 $0.640 - 0% Total Crop lbs $/acre lbs $/acre lbs $/acre lbs $/acre $/acre Canola 110 $54.02 30 $17.03 0 $0.00 20 $7.94 $78.99 Wheat 90 $44.20 30 $17.03 0 $0.00 0 $0.00 $61.23 Winter wheat 100 $49.11 30 $17.03 0 $0.00 0 $0.00 $66.14 Soybeans 0 $0.00 20 $11.35 0 $0.00 0 $0.00 $11.35 Barley 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Oats 70 $34.37 25 $14.19 0 $0.00 0 $0.00 $48.57 Corn 130 $63.84 30 $17.03 25 $9.58 10 $3.97 $94.42 Navy Beans 80 $39.29 30 $17.03 0 $0.00 0 $0.00 $56.32 Flaxseed 65 $31.92 20 $11.35 0 $0.00 0 $0.00 $43.27 Sunflowers Confection 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Sunflowers Oil 80 $39.29 25 $14.19 0 $0.00 0 $0.00 $53.48 Peas 0 $0.00 25 $14.19 0 $0.00 0 $0.00 $14.19 Fall Rye 65 $31.92 25 $14.19 0 $0.00 0 $0.00 $46.11 Canary Seed 70 $34.37 25 $14.19 0 $0.00 0 $0.00 $48.57 Lentils 0 $0.00 25 $14.19 0 $0.00 0 $0.00 $14.19 Buckwheat 40 $19.64 20 $11.35 0 $0.00 0 $0.00 $31.00 Hempseed 80 $39.29 30 $17.03 0 $0.00 0 $0.00 $56.32 The fertilizer recommendation will vary depending on the soil type, climate and crop rotation. MAFRD recommends that soil test sampling and analysis be conducted each year to produce a better baseline for fertility. It costs $0.50 to $1.50/acre for custom sampling and analysis. Seed & Treatment Fertilizer Amount of Actual Pounds of Elements Applied Per Acre Nitrogen Phosphorus Potash Sulphur
  • 9. Guidelines: Crop Production Costs 7 Manitoba Agriculture, Food and Rural Development Weed Disease Insect Total Control Control Control Cost Crop $/acre $/acre $/acre $/acre Canola $13.13 $36.25 $4.73 $54.11 Wheat $26.21 $21.31 $0.00 $47.52 Winter wheat $13.83 $21.31 $0.00 $35.14 Soybeans $14.67 $0.00 $0.00 $14.67 Barley $24.88 $17.25 $0.00 $42.13 Oats $9.50 $10.13 $0.00 $19.63 Corn $18.17 $0.00 $0.00 $18.17 Navy Beans $66.21 $39.50 $0.00 $105.71 Flaxseed $18.25 $14.38 $0.00 $32.63 Sunflowers Confection $43.79 $28.75 $13.23 $85.77 Sunflowers Oil $24.75 $28.75 $0.00 $53.50 Peas $16.00 $14.38 $0.00 $30.38 Fall Rye $6.70 $0.00 $0.00 $6.70 Canary Seed $13.53 $9.91 $0.00 $23.44 Lentils $16.00 $14.38 $0.00 $30.38 Buckwheat $5.25 $0.00 $0.00 $5.25 Hempseed $38.82 $0.00 $0.00 $38.82 Note: Pre-emergent burn off and/or pre-harvest desiccation not included in weed control costs. (except for wheat, win. wheat and sunflowers). Chemical costs do not include year end rebates or bundling discounts. Disease Control costs (except for sunflowers) do not include custom application costs. Insect Control costs (except for sunflowers) do not include custom application costs. Chemicals
  • 10. Guidelines: Crop Production Costs 8 Manitoba Agriculture, Food and Rural Development Interest Rate on Operating 5.50% Grain Hauling Land Taxes ($/acre) $12.00 Distance to storage 6 miles roundtrip Labour rate ($/hour) $20.00 Distance to market 45 miles roundtrip Machinery Operating ($/acre) $10.00 Grain truck fuel use 5 Miles per Imp. Gallon Other Costs ($/acre) $7.75 Grain truck size 475 bushels Fuel Cost ($/litre) $0.85 Labour Crop Drying Storage Crop (hrs/acre) Fuel Insurance Costs $/acre Seeding Application Swathing Harvest General Total Canola 1.5 $16.43 $14.96 - $5.23 - - - - - $0.00 Wheat 1.5 $20.05 $11.82 - $7.19 - - - - - $0.00 Winter wheat 1.5 $21.71 $10.24 - $9.80 - - - - - $0.00 Soybeans 1.5 $15.34 $22.31 - $4.58 - - - - - $0.00 Barley 1.5 $21.67 $12.34 - $10.46 - - - - - $0.00 Oats 1.5 $23.33 $14.21 - $13.07 - - - - - $0.00 Corn 1.5 $23.65 $24.53 $35.00 $15.03 - - - - - $0.00 Navy Beans 1.5 $18.87 $28.78 - $4.03 - - - - - $0.00 Flaxseed 1.5 $15.83 $14.52 - $3.27 - - - - - $0.00 Sunflowers Confection 1.5 $19.92 $29.47 $10.00 $10.40 - - - - - $0.00 Sunflowers Oil 1.5 $20.25 $18.54 $10.00 $10.99 - - - - - $0.00 Peas 1.5 $15.75 $19.19 - $5.23 - - - - - $0.00 Fall Rye 1.5 $16.55 $14.09 - $6.54 - - - - - $0.00 Canary Seed 1.5 $17.10 $21.73 - $2.80 - - - - - $0.00 Lentils 1.5 $15.81 $25.50 - $2.40 - - - - - $0.00 Buckwheat 1.5 $14.17 $30.35 - $2.22 - - - - - $0.00 Hempseed 1.5 $17.32 $33.62 $20.00 $1.71 - - - - - $0.00 * Storage costs are listed under Fixed Costs on the Summary Page. Total Crop L/acre 2.25 3.5 0.75 2.5 1.3 0.42 1.13 5.54 2 Canola 19.33 1 1 1 3 1 1 2 3.90 Wheat 23.59 1 1 1 1 4 1 2 5.37 Winter wheat 25.54 1 1 1 1 4 1 2 7.32 Soybeans 18.05 1 2 1 2 1 2 3.42 Barley 25.49 2 1 1 3 1 1 2 7.81 Oats 27.44 2 1 1 3 1 1 2 9.76 Corn 27.83 1 1 1 1 3 1 2 11.23 Navy Beans 22.20 1 2 1 3 1 1 2 7.22 Flaxseed 18.62 1 2 1 3 1 1 2 2.44 Sunflowers Confection 23.43 1 1 1 1 3 1 2 6.83 Sunflowers Oil 23.82 1 1 1 1 3 1 2 7.22 Peas 18.53 1 2 1 2 1 2 3.90 Fall Rye 19.47 1 1 1 1 1 1 2 4.88 Canary Seed 20.12 1 1 1 3 1 1 2 4.69 Lentils 18.60 1 1 1 3 1 2 4.30 Buckwheat 16.67 1 1 1 2 1 1 2 1.66 Hempseed 20.38 1 1 2 1 2 1 2 2.25 swather combine 3/4 ton pickup grain hauling Trucks L/acreNumber of Field Operations & Litres Fuel Per Acre Per Operation Operating Costs cultivator or tandem disk high speed disk harrow or land roller air drill row planter SP sprayer Field Fuel Usage Rental and Custom Costs Operating Cost ($/Acre)
  • 11. Guidelines: Crop Production Costs 9 Manitoba Agriculture, Food and Rural Development Land value ($/acre) $2,150 Land cost ($/acre) $53.75 Total Crop acres 2,000 Machinery Investment ($/acre) $459.06 Depreciation Rate 10.0% Investment Rate 2.50% Machinery Depreciation cost ($/acre) $45.91 Machinery Investment cost ($/acre) $11.48 Grain Storage Usage % Cost Machinery Lease cost ($/acre) $3.60 Non-aeration bins 25% $1.85 /bu Total ($/acre) $60.98 Aeration bins 75% $2.35 /bu Market Grain Grain Market Grain Grain Power & Misc Equipment Value Usage % Allocation Harvest Equipment Value Usage % Allocation 4WD Tractor 375HP $175,000 100% $175,000 Combine $200,000 100% $200,000 MFWD Tractor 150HP $50,000 100% $50,000 Swather 35 ft $75,000 100% $75,000 2WD Tractor 60HP $20,000 75% $15,000 PTO Auger 13x70 $10,000 100% $10,000 ATV Quad $3,500 75% $2,625 Auger 8x35 $4,000 100% $4,000 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $242,625 Total $289,000 Market Grain Grain Market Grain Grain Seeding, Tillage, Spraying Value Usage % Allocation Trucks & Trailers Value Usage % Allocation Cultivator $25,000 100% $25,000 Tandem grain truck $50,000 100% $50,000 Harrow 80ft $35,000 100% $35,000 Grain cart $20,000 100% $20,000 Air tank $40,000 100% $40,000 5th wheel flatdeck $10,000 100% $10,000 Air drill 50ft $100,000 100% $100,000 $0 0% $0 SP sprayer $100,000 100% $100,000 $0 0% $0 Rock picker $4,000 100% $4,000 $0 0% $0 Water tanks $2,500 100% $2,500 $0 0% $0 $0 0% $0 $0 0% $0 Total $306,500 $306,500 Total $80,000 Owned Equipment TOTAL $918,125 $459.06 per acre Annual Grain Grain Annual Grain Grain Power & Misc Equipment Lease Usage % Allocation Harvest Equipment Lease Usage % Allocation enter equipment here $0 0% $0 enter equipment here $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $0 Total $0 Annual Grain Grain Annual Grain Grain Seeding, Tillage, Spraying Lease Usage % Allocation Trucks & Trailers Lease Usage % Allocation enter equipment here $0 0% $0 3/4 ton pickup $9,600 75% $7,200 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 $0 0% $0 Total $0 $0 Total $7,200 Leased Equipment TOTAL $7,200 $3.60 per acre * Leased equipment costs are listed under Operating Costs on the Summary Page. Fixed Costs Owned Equipment Inventory and Current Values Leased Equipment Inventory
  • 12. Guidelines: Crop Production Costs 10 Manitoba Agriculture, Food and Rural Development Fuel Costs: Includes fuel used for field work, trucking in inputs and trucking out production. Machinery Operating Costs: Includes costs for maintenance, repairs, licenses and insurance. Crop Insurance: (2015 rates) 80% coverage and additional hail insurance at $160/acre coverage for all crops. Other Costs: Includes overhead expenses - hydro, telephone, accounting, buildings, supplies and insurance, etc. Interest On Operating: Interest charges on operating costs are calculated at 5.5% for six months. Land Investment Cost: Depreciation: Assumed 10% on machinery, no salvage value. Investment Cost: Assumed 2.5% opportunity cost on machinery. Estimated Farmgate Values: Crop prices are based on deferred delivery contract prices for fall 2015. Yields are based on Manitoba 10 year average yields (2004 to 2013) from MASC production data. Depreciation Cost = Original Cost - Salvage Value Useful Life Investment Cost = Original Cost + Salvage Value x Investment Rate 2 Storage Cost: Storage costs for each crop are based on estimated yields entered on the Summary page. Assumed a 10% depreciation cost and 2.5% investment cost. Example - Wheat Non-Aeration Bins (25%) Depreciation: $101.75-$10.175 20 years $4.58 Investment: $101.75+$10.175 2 x 2.5% $1.40 Sub-Total $5.98 x 25% = $1.49 Aeration Bins (75%) Depreciation: $129.25-$12.925 20 years $5.82 Investment: $129.25+$12.925 2 x 2.5% $1.78 Sub-Total $7.59 x 75% = $5.70 Total $7.19 Profitability & Breakeven Analysis: Gross Revenue = Price per unit x Yield per acre (eg. wheat: $6.50/bu x 55bu/ac = $357.50/ac) Net Profit = Gross Revenue - Total Cost (eg. wheat: $357.50 gross revenue - $349.68 total cost = $7.82 per acre) Operating Expense Ratio = (Operating Cost / Gross Revenue) x 100 (eg. wheat: $201.36 operating expense / $357.5 total cost = 56.3%) Breakeven Price = Cost / Target Yield (eg. wheat cost $349.68 / 55 bu = $6.36 per bu) Breakeven Yield = Cost / Price per Unit (eg. wheat cost $349.68 / $6.50 bu = 53.8 bu) Created and maintained by January, 2016 For more information, contact your local Gary Smart Roy Arnott Darren Bond Farm Management Specialist Farm Management Specialist Farm Management Specialist Rhonda Linde Farm Management Specialist Land Taxes: The average cost based on land tax assessment and mill rates of a sample of municipalities growing crops less provincial tax rebate. Drying Costs: Budget allocates costs only for corn, sunflowers and hemp. However, drying costs may be incurred in some years for the other crops. Land value are based on approximate average land values. Budget assumed 2.5% return on land investment Farm storage requirements were assumed to cost $1.85/bushel for 25% of the storage and $2.35/bushel for 75% aerated storage. Other Assumptions MAFRD Farm Management MAFRD GO Office or:
  • 14. ESR-016086 January 2015 For more information • Contact your local Manitoba Agriculture, Food and Rural Development (MAFRD) Growing Opportunities (GO) Office. • Visit us at manitoba.ca/agriculture.