The document provides crop budgets for several regions in North Dakota, including estimates of revenues, costs, and returns to labor and management for spring wheat, durum, malting barley, and corn grain. It notes that the budgets are intended as guides and should be adjusted to individual situations. Users can modify the budgets to estimate cash flow or compare crop enterprises based on direct costs. Primary assumptions about yields, prices, fertilizer and other input costs, machinery and land charges, and insurance are provided.
The document discusses several biblical stories:
1) Adam and Eve felt shame, blamed others, and felt guilt after disobeying God. Psalm 139 affirms that God knows people intimately.
2) King David saw Bathsheba bathing and committed adultery with her. After trying to cover it up, a child was born but died. David repented after being rebuked by Nathan.
3) Psalm 51 expresses David's repentance, asking God to forgive his sins and renew his spirit.
In The 2nd chapter of Hebrews the writer admonishes us to "Pay closer attention to what we'ver heard , lest we drift away from it.
With drifting , often we aren't even aware of it when it is happening and by the time we do realize it we've gone farther than we ever realized. We show up to church , we do all the things we believe we should and yet somehow - we dont feel close to God anymore,but rest assured - it isn't him that has moved.
Lets see what the bible can tell us about countering the drift and renew our closeness with the one who loves us immeasurably.
Ai đó đã từng nói: “Đến Nhật mà không xem hanami (lễ hội ngắm hoa anh đào), hanabi (lễ hội pháo hoa) và momiji (ngắm lá vàng mùa thu) thì thật là đáng tiếc”.
Implementing Wellness, Reablement and Restorative Support with Older People Carrie Hayter
The document outlines seven key steps for implementing wellness, reablement, and restorative support with older people. The steps include: starting a conversation to get everyone on the same page; critically reading research and sharing it with the team; engaging older people by following the principle of "nothing about me without me"; getting behind front-line staff; connecting people into the community; forming partnerships; and being curious and testing ideas. The presenter discusses challenges service providers face and opportunities to improve support for older people through strength-based and person-centered approaches.
Artikel ini membahas pentingnya riset kata kunci dalam optimisasi mesin pencari untuk meningkatkan peluang mendapatkan pengunjung tanpa harus membuat banyak artikel. Riset kata kunci yang tepat dapat meningkatkan lalu lintas situs web. Artikel ini juga menampilkan entri populer lainnya seperti cara mendapatkan kuota gratis dan cara mengetahui password facebook orang lain.
God's law was given out of his love for us ...Our response to love is to obey it. Clearly , the bible is not about law,but love... Too have painted Gods love into a box labeled law , but we are not to be lawyers , but lovers. Lawyers look for loopholes , lovers look for opportunities .
Which will you be?
This document summarizes two stories about planned gifts to The Presbyterian Church in Canada. The first story describes Ron Bremner who established a $1 million endowment through various planned giving strategies like a donor advised fund and life insurance policy. The second story describes an anonymous couple, the Smiths, who gave $200,000 of stock to their home congregation to establish a 20-year maintenance fund for the church building.
The document discusses several biblical stories:
1) Adam and Eve felt shame, blamed others, and felt guilt after disobeying God. Psalm 139 affirms that God knows people intimately.
2) King David saw Bathsheba bathing and committed adultery with her. After trying to cover it up, a child was born but died. David repented after being rebuked by Nathan.
3) Psalm 51 expresses David's repentance, asking God to forgive his sins and renew his spirit.
In The 2nd chapter of Hebrews the writer admonishes us to "Pay closer attention to what we'ver heard , lest we drift away from it.
With drifting , often we aren't even aware of it when it is happening and by the time we do realize it we've gone farther than we ever realized. We show up to church , we do all the things we believe we should and yet somehow - we dont feel close to God anymore,but rest assured - it isn't him that has moved.
Lets see what the bible can tell us about countering the drift and renew our closeness with the one who loves us immeasurably.
Ai đó đã từng nói: “Đến Nhật mà không xem hanami (lễ hội ngắm hoa anh đào), hanabi (lễ hội pháo hoa) và momiji (ngắm lá vàng mùa thu) thì thật là đáng tiếc”.
Implementing Wellness, Reablement and Restorative Support with Older People Carrie Hayter
The document outlines seven key steps for implementing wellness, reablement, and restorative support with older people. The steps include: starting a conversation to get everyone on the same page; critically reading research and sharing it with the team; engaging older people by following the principle of "nothing about me without me"; getting behind front-line staff; connecting people into the community; forming partnerships; and being curious and testing ideas. The presenter discusses challenges service providers face and opportunities to improve support for older people through strength-based and person-centered approaches.
Artikel ini membahas pentingnya riset kata kunci dalam optimisasi mesin pencari untuk meningkatkan peluang mendapatkan pengunjung tanpa harus membuat banyak artikel. Riset kata kunci yang tepat dapat meningkatkan lalu lintas situs web. Artikel ini juga menampilkan entri populer lainnya seperti cara mendapatkan kuota gratis dan cara mengetahui password facebook orang lain.
God's law was given out of his love for us ...Our response to love is to obey it. Clearly , the bible is not about law,but love... Too have painted Gods love into a box labeled law , but we are not to be lawyers , but lovers. Lawyers look for loopholes , lovers look for opportunities .
Which will you be?
This document summarizes two stories about planned gifts to The Presbyterian Church in Canada. The first story describes Ron Bremner who established a $1 million endowment through various planned giving strategies like a donor advised fund and life insurance policy. The second story describes an anonymous couple, the Smiths, who gave $200,000 of stock to their home congregation to establish a 20-year maintenance fund for the church building.
This document outlines methods for allocating, apportioning, and absorbing overheads. It defines overheads as indirect costs that cannot be directly traced to a cost object. Overheads should be classified by function and behavior. The standard describes collecting overheads from accounts, allocating direct costs, apportioning indirect costs across cost centers, and absorbing overheads into products using absorption rates. Primary distribution apportions overheads to cost centers, while secondary distribution moves costs between service centers, using reciprocal or non-reciprocal methods like repeated distribution. The goal is to distribute all overhead costs in a consistent and uniform manner.
Business and Job Development Credit (K-34)taxman taxman
This document is a tax form for claiming the Kansas Business and Job Development Credit. It requests information about a qualified business facility, including its location, industry codes, investment details, and employment levels. The form is used to calculate available credits for hiring qualified employees and making qualified investments in Kansas. It contains sections to provide information, compute credits, and carry forward unused amounts to future tax years.
This document discusses farm budgeting, including partial and complete budgeting. It defines farm budgeting as estimating the costs, returns, and net income of a farm or enterprise in monetary terms based on an advance farm plan. Partial budgeting estimates the costs and returns of a particular enterprise, while complete budgeting prepares a budget for the entire farm, considering all crops, livestock, production methods, and marketing aspects consolidated into a single estimate of total costs and returns. The document outlines the differences between partial and complete budgeting and their uses for minor versus major changes in farm operations. It also discusses the advantages of farm budgeting for evaluating plans, improving efficiency, and formulating agricultural policies.
This document outlines methods for conducting economic analysis of different agricultural enterprises and cropping systems. It discusses the different types of costs involved in agricultural production, including fixed costs that do not vary with output and variable costs that do vary with output. It also describes how to calculate total costs, average costs, marginal costs, and profits at different cost levels to evaluate returns to farmers. The key measures of profit/returns discussed are farm business income, family labor income, and net income.
Grey Book 10 - Recommendations for Eliminating Administrative Obstacles to Do...NALED Serbia
This document presents the recommendations of the 10th Grey Book published by the National Alliance for Local Economic Development (NALED) in Serbia. The Grey Book contains over 100 recommendations across 14 sections aimed at eliminating administrative barriers to doing business in Serbia by simplifying regulations and procedures. The recommendations target various ministries and levels of government to streamline areas like taxation, inspections, permitting, and public services. The document provides an overview of progress implementing previous Grey Book recommendations and emphasizes the importance of continued deregulation and improving competitiveness.
This document discusses farm planning and budgeting. It provides information on:
- What a farm plan is and its objectives to maximize profits through efficient resource use.
- The process of farm planning which involves allocating resources, choosing crop combinations, and making adjustments.
- Components and steps of farm planning like preparing maps, recording farm history, and planning labor needs.
- Types of budgets including partial, enterprise, cash flow, and complete budgets. Budgets estimate costs, returns, and profits to evaluate plans and guide resource use.
This chapter discusses responsibility accounting, quality control, and environmental cost management. It covers topics such as using responsibility accounting to measure the performance of departments, different types of responsibility centers, preparing performance reports, cost allocation, activity-based responsibility accounting, behavioral effects of responsibility accounting, segmented reporting, total quality management, cost of quality, ISO 9000 quality standards, and environmental cost strategies.
Senior Capstone Business 27Case 2 MotomartINTRODUCTI.docxlesleyryder69361
Senior Capstone: Business 27
Case 2: Motomart
INTRODUCTION
The Motomart case is designed to supplement your managerial/
cost accounting textbook coverage of cost behavior and variable
costing using real-world cost data and an auto-industry-
accepted cost driver. Unlike textbook problems, this data is
real. It won’t necessarily produce a clear solution when you
attempt to analyze cost behavior and apply scatter-plot,
high-low, and regression methods to separate mixed costs
into their fixed and variable components. This case also
illustrates that financial accounting decisions and methods
can have an influence on cost accounting and managerial
applications and decisions.
OBJECTIVES
When you complete this case, you’ll be able to
• Explain the importance of accrual accounting and proper
application of the matching principle for the computation
of contribution margins and break-even points
• Apply knowledge of generally accepted accounting
principles (GAAP) to a specific real-world example
• Integrate statistical analyses and scatter plots, line
graphs, and regression to determine the reliability of
financial information prepared for external use
• Use analytical review procedures to examine a firm’s
financial statements
• Apply critical-thinking skills to real-world
business circumstances
Senior Capstone: Business28
CASE BACKGROUND
This case is based on real financial data provided by a retail
automobile dealership (Motomart) seeking to relocate closer
to an existing retail dealership. You’ll examine the mixed cost
data from Motomart and apply both high-low and regression
to attempt to separate mixed costs into their fixed and variable
components for break-even and contribution margin compu-
tations. You’ll find that the data is flawed because Motomart
was a single observation in a larger database. Don’t attempt
to correct the data (e.g., remove outliers or influential outliers).
You’ll be producing a scatterplot and apply high-low and
regression methods to the extent practicable and writing a
summary report of the findings.
Motomart operates a retail automobile dealership. The
manufacturer of Motomart products, like all automobile
manufacturers, produces forecasts. It has long been an
industry practice to use variable costing-based/break-even
analyses as the foundation for these forecasts, to examine
their cost behavior as it relates to the new retail vehicles
sold (NRVS) cost driver. In preparing this financial information,
a common financial statement format and accounting proce-
dures manual is provided to each retail auto dealership.
The dealership is required to produce monthly financial
statements using the guidelines provided by this common
accounting procedures manual, and then furnish these
financial statements to the manufacturer. General Motors,
Ford, Nissan, and all other automobile manufacturers
employ similar procedures manuals.
The use of a common format facilitates the development of
composite financial s.
This document discusses various measures for assessing farm efficiency. It describes physical efficiency measures that evaluate output per unit of input, as well as value efficiency measures that consider financial performance. Examples of physical measures include yield per acre and crop yield index. Labor efficiency can be measured by crop acreage per worker or productive work units per worker. Cost ratios, such as operating costs and fixed costs, also provide insights. Finally, measures of farm income and profit efficiency are outlined, like net cash income, net farm income, and returns to capital and management.
The document is a user manual for a fuel comparison calculator that allows fleet managers to compare the costs and impacts of alternative fuels. It provides instructions on how to use the calculator, including guidance for inputting data on fleet vehicles, fuel prices, and scenarios to compare. It then outlines how to interpret the results, which include potential savings, payback periods, reductions in greenhouse gas emissions and petroleum consumption for different alternative fuel options. The user manual contains tables of contents, notations to explain variables and equations used in the calculations, and sections with detailed explanations of how to provide inputs and understand the outputs of the calculator.
Farm Management, Production & Resource EconomicsSumit Jangra
1. The document discusses concepts related to depreciation, net worth statements, income statements, and farm planning. It defines depreciation and lists its objectives and common methods.
2. Net worth statements and income statements are summarized - net worth statements show the financial position of a business while income statements show revenues, expenses and profits over time.
3. The key steps of farm planning are outlined as preparing maps, recording farm history, planning labor needs, optimal land use, livestock programs, and marketing strategies. Characteristics of a good farm plan include being written and flexible.
11 improving the robustness of financial and economic analysis of sanitation ...IRC
This document summarizes a presentation on improving the robustness of financial and economic analysis of sanitation systems. It notes a lack of consistent methodology for comparing costs of sanitation systems and a need to standardize approaches. Different categories of costs and economic benefits are identified, including health, productivity and environmental impacts. Case studies evaluating costs and benefits of sanitation systems in Africa are examined. Recommendations include developing standardized approaches for evaluating economic benefits like nutrient reuse and accounting for uncertainties in cost and benefit estimates.
This document is a service report from Pontes Manutencoes for maintenance work done on a generator group. It provides details of the client such as their name, address, and CNPJ number. The equipment serviced is also listed. Notes and observations from the work are included, along with the value of the service, payment terms, and signatures from the technician, supervisor, and client.
This document is a service report from Pontes Manutencoes for maintenance work done on a generator group. It provides details of the client such as their name, address, and CNPJ number. The equipment serviced is also listed. Notes and observations from the work are included, along with the value of the service and payment terms. Signatures are included from the technician, supervisor, and client to confirm the work was completed.
This document outlines objectives and sections for a chapter on variance analysis for overhead costs. It discusses calculating variances for variable and fixed overhead costs using flexible budgeting. Variances are separated into spending, efficiency, and production volume components. Less detailed variance analyses with fewer variances are also presented for different management needs. Non-manufacturing companies can also benefit from variance analysis to understand capacity usage.
The document discusses Enager Industries' shift from using divisions as profit centers to investment centers after 1992. It provides financial details and performance metrics for three divisions - Consumer, Industrial, and Professional Services. Questions are asked about specific divisions' performance and inferences that can be drawn from their financial statements. The effectiveness of using return on investment to measure divisional performance is also discussed.
The document summarizes key provisions of the 2008 Farm Bill including:
1) It retains existing commodity programs like direct payments and loan programs while adding two new safety net programs: ACRE and SURE.
2) The ACRE program is an optional program that provides revenue payments if actual state and farm revenue falls below guaranteed levels in exchange for reduced direct payments and loan rates.
3) Eligibility for the new programs and updates on their estimated payouts are provided.
Label for the Pop Up fertilizer that I helped to develop with @Gerry Gelder and the folks at LidoChem. A very successful low use rate product that provided good in field results.
This document outlines methods for allocating, apportioning, and absorbing overheads. It defines overheads as indirect costs that cannot be directly traced to a cost object. Overheads should be classified by function and behavior. The standard describes collecting overheads from accounts, allocating direct costs, apportioning indirect costs across cost centers, and absorbing overheads into products using absorption rates. Primary distribution apportions overheads to cost centers, while secondary distribution moves costs between service centers, using reciprocal or non-reciprocal methods like repeated distribution. The goal is to distribute all overhead costs in a consistent and uniform manner.
Business and Job Development Credit (K-34)taxman taxman
This document is a tax form for claiming the Kansas Business and Job Development Credit. It requests information about a qualified business facility, including its location, industry codes, investment details, and employment levels. The form is used to calculate available credits for hiring qualified employees and making qualified investments in Kansas. It contains sections to provide information, compute credits, and carry forward unused amounts to future tax years.
This document discusses farm budgeting, including partial and complete budgeting. It defines farm budgeting as estimating the costs, returns, and net income of a farm or enterprise in monetary terms based on an advance farm plan. Partial budgeting estimates the costs and returns of a particular enterprise, while complete budgeting prepares a budget for the entire farm, considering all crops, livestock, production methods, and marketing aspects consolidated into a single estimate of total costs and returns. The document outlines the differences between partial and complete budgeting and their uses for minor versus major changes in farm operations. It also discusses the advantages of farm budgeting for evaluating plans, improving efficiency, and formulating agricultural policies.
This document outlines methods for conducting economic analysis of different agricultural enterprises and cropping systems. It discusses the different types of costs involved in agricultural production, including fixed costs that do not vary with output and variable costs that do vary with output. It also describes how to calculate total costs, average costs, marginal costs, and profits at different cost levels to evaluate returns to farmers. The key measures of profit/returns discussed are farm business income, family labor income, and net income.
Grey Book 10 - Recommendations for Eliminating Administrative Obstacles to Do...NALED Serbia
This document presents the recommendations of the 10th Grey Book published by the National Alliance for Local Economic Development (NALED) in Serbia. The Grey Book contains over 100 recommendations across 14 sections aimed at eliminating administrative barriers to doing business in Serbia by simplifying regulations and procedures. The recommendations target various ministries and levels of government to streamline areas like taxation, inspections, permitting, and public services. The document provides an overview of progress implementing previous Grey Book recommendations and emphasizes the importance of continued deregulation and improving competitiveness.
This document discusses farm planning and budgeting. It provides information on:
- What a farm plan is and its objectives to maximize profits through efficient resource use.
- The process of farm planning which involves allocating resources, choosing crop combinations, and making adjustments.
- Components and steps of farm planning like preparing maps, recording farm history, and planning labor needs.
- Types of budgets including partial, enterprise, cash flow, and complete budgets. Budgets estimate costs, returns, and profits to evaluate plans and guide resource use.
This chapter discusses responsibility accounting, quality control, and environmental cost management. It covers topics such as using responsibility accounting to measure the performance of departments, different types of responsibility centers, preparing performance reports, cost allocation, activity-based responsibility accounting, behavioral effects of responsibility accounting, segmented reporting, total quality management, cost of quality, ISO 9000 quality standards, and environmental cost strategies.
Senior Capstone Business 27Case 2 MotomartINTRODUCTI.docxlesleyryder69361
Senior Capstone: Business 27
Case 2: Motomart
INTRODUCTION
The Motomart case is designed to supplement your managerial/
cost accounting textbook coverage of cost behavior and variable
costing using real-world cost data and an auto-industry-
accepted cost driver. Unlike textbook problems, this data is
real. It won’t necessarily produce a clear solution when you
attempt to analyze cost behavior and apply scatter-plot,
high-low, and regression methods to separate mixed costs
into their fixed and variable components. This case also
illustrates that financial accounting decisions and methods
can have an influence on cost accounting and managerial
applications and decisions.
OBJECTIVES
When you complete this case, you’ll be able to
• Explain the importance of accrual accounting and proper
application of the matching principle for the computation
of contribution margins and break-even points
• Apply knowledge of generally accepted accounting
principles (GAAP) to a specific real-world example
• Integrate statistical analyses and scatter plots, line
graphs, and regression to determine the reliability of
financial information prepared for external use
• Use analytical review procedures to examine a firm’s
financial statements
• Apply critical-thinking skills to real-world
business circumstances
Senior Capstone: Business28
CASE BACKGROUND
This case is based on real financial data provided by a retail
automobile dealership (Motomart) seeking to relocate closer
to an existing retail dealership. You’ll examine the mixed cost
data from Motomart and apply both high-low and regression
to attempt to separate mixed costs into their fixed and variable
components for break-even and contribution margin compu-
tations. You’ll find that the data is flawed because Motomart
was a single observation in a larger database. Don’t attempt
to correct the data (e.g., remove outliers or influential outliers).
You’ll be producing a scatterplot and apply high-low and
regression methods to the extent practicable and writing a
summary report of the findings.
Motomart operates a retail automobile dealership. The
manufacturer of Motomart products, like all automobile
manufacturers, produces forecasts. It has long been an
industry practice to use variable costing-based/break-even
analyses as the foundation for these forecasts, to examine
their cost behavior as it relates to the new retail vehicles
sold (NRVS) cost driver. In preparing this financial information,
a common financial statement format and accounting proce-
dures manual is provided to each retail auto dealership.
The dealership is required to produce monthly financial
statements using the guidelines provided by this common
accounting procedures manual, and then furnish these
financial statements to the manufacturer. General Motors,
Ford, Nissan, and all other automobile manufacturers
employ similar procedures manuals.
The use of a common format facilitates the development of
composite financial s.
This document discusses various measures for assessing farm efficiency. It describes physical efficiency measures that evaluate output per unit of input, as well as value efficiency measures that consider financial performance. Examples of physical measures include yield per acre and crop yield index. Labor efficiency can be measured by crop acreage per worker or productive work units per worker. Cost ratios, such as operating costs and fixed costs, also provide insights. Finally, measures of farm income and profit efficiency are outlined, like net cash income, net farm income, and returns to capital and management.
The document is a user manual for a fuel comparison calculator that allows fleet managers to compare the costs and impacts of alternative fuels. It provides instructions on how to use the calculator, including guidance for inputting data on fleet vehicles, fuel prices, and scenarios to compare. It then outlines how to interpret the results, which include potential savings, payback periods, reductions in greenhouse gas emissions and petroleum consumption for different alternative fuel options. The user manual contains tables of contents, notations to explain variables and equations used in the calculations, and sections with detailed explanations of how to provide inputs and understand the outputs of the calculator.
Farm Management, Production & Resource EconomicsSumit Jangra
1. The document discusses concepts related to depreciation, net worth statements, income statements, and farm planning. It defines depreciation and lists its objectives and common methods.
2. Net worth statements and income statements are summarized - net worth statements show the financial position of a business while income statements show revenues, expenses and profits over time.
3. The key steps of farm planning are outlined as preparing maps, recording farm history, planning labor needs, optimal land use, livestock programs, and marketing strategies. Characteristics of a good farm plan include being written and flexible.
11 improving the robustness of financial and economic analysis of sanitation ...IRC
This document summarizes a presentation on improving the robustness of financial and economic analysis of sanitation systems. It notes a lack of consistent methodology for comparing costs of sanitation systems and a need to standardize approaches. Different categories of costs and economic benefits are identified, including health, productivity and environmental impacts. Case studies evaluating costs and benefits of sanitation systems in Africa are examined. Recommendations include developing standardized approaches for evaluating economic benefits like nutrient reuse and accounting for uncertainties in cost and benefit estimates.
This document is a service report from Pontes Manutencoes for maintenance work done on a generator group. It provides details of the client such as their name, address, and CNPJ number. The equipment serviced is also listed. Notes and observations from the work are included, along with the value of the service, payment terms, and signatures from the technician, supervisor, and client.
This document is a service report from Pontes Manutencoes for maintenance work done on a generator group. It provides details of the client such as their name, address, and CNPJ number. The equipment serviced is also listed. Notes and observations from the work are included, along with the value of the service and payment terms. Signatures are included from the technician, supervisor, and client to confirm the work was completed.
This document outlines objectives and sections for a chapter on variance analysis for overhead costs. It discusses calculating variances for variable and fixed overhead costs using flexible budgeting. Variances are separated into spending, efficiency, and production volume components. Less detailed variance analyses with fewer variances are also presented for different management needs. Non-manufacturing companies can also benefit from variance analysis to understand capacity usage.
The document discusses Enager Industries' shift from using divisions as profit centers to investment centers after 1992. It provides financial details and performance metrics for three divisions - Consumer, Industrial, and Professional Services. Questions are asked about specific divisions' performance and inferences that can be drawn from their financial statements. The effectiveness of using return on investment to measure divisional performance is also discussed.
The document summarizes key provisions of the 2008 Farm Bill including:
1) It retains existing commodity programs like direct payments and loan programs while adding two new safety net programs: ACRE and SURE.
2) The ACRE program is an optional program that provides revenue payments if actual state and farm revenue falls below guaranteed levels in exchange for reduced direct payments and loan rates.
3) Eligibility for the new programs and updates on their estimated payouts are provided.
Similar to North central nd 2015 crop budgets (20)
Label for the Pop Up fertilizer that I helped to develop with @Gerry Gelder and the folks at LidoChem. A very successful low use rate product that provided good in field results.
Overview of the Precision Ag platform that I used while at Carolina Eastern-Vail. Used all parts of the platform from field and asset managment to prescription generation and work order tracking. Greatly assisted in dispatch and accurate delivery services to customers.
Just one of many examples at how I would go about balancing staff to assets and seasonality. I provide this in confidence for career illustrative purposes only.
Understanding Glyphosate and how to effectively use it in field environment. Written by a pannel of various University Professors and Extension staff in 2006.
This document discusses the evolution and management of herbicide resistant weeds. It notes that important resistant weeds in Iowa include pigweed, lambsquarter, waterhemp, cocklebur and foxtails. Waterhemp has developed resistance to multiple herbicide sites of action. Standard resistance management strategies include cleaning equipment, using diverse herbicides, and adding cultural practices like cover crops. Cultural practices like row spacing, planting date and variety selection can also help reduce weed densities. Integrated programs that combine herbicides and cultural tactics are needed to slow the evolution of resistance.
The document is a report from the USDA National Agricultural Statistics Service summarizing key results from the 2012 Census of Agriculture. Some of the key findings presented include:
- U.S. agricultural sales and production expenses reached record highs in 2012.
- In 2012, 1 out of every 5 farmers operated a farm for less than 10 years.
- 57,299 farms produced on-farm renewable energy such as solar panels, wind turbines, and biodiesel, more than double the number in 2007.
Presentation on a Headline EC trial we performed at Carolina Eastern-Vail in 2009. This study was unique in that it all silage work was done on BMR silage hybrids only. We were told that perhaps no other trials were done with such specificity at the time.
The Federal Milk Marketing Order is a complex series of calculations to help regionalize and stabilize the commerce of fluid and industrial milk. This is a study by William Schiek on the impact of this program. The paper is written in 1994 and while it is now over 20 years old, the paper is based on what was almost 60 years of practice.
An excellent presentation on the History and Function of the Federal Milk Marketing Order. Bob Cropp, Dairy Policy Specialist of the University of Wisconsin, Madison, is the author.
This document discusses antibiotic resistance (ABR) in agricultural systems. It notes that while most public attention has focused on ABR in healthcare settings, comparatively little research has examined environmental sources of ABR from soil and water bacteria. The document summarizes several studies that have investigated ABR levels in agricultural soils amended with manure or wastewater, finding increased ABR genes but with levels returning to baseline over time. It also discusses challenges in standardizing methods for measuring ABR and the complex relationship between agricultural practices and observed ABR levels.
This document provides a guide to identifying noxious and troublesome weeds in North Dakota. It was created with collaboration between NDSU Extension Service, ND Department of Agriculture, and US Forest Service. The guide contains information on 31 different weed species, including descriptions, impacts, and control methods. Each species entry includes an image and brief details on identification, origin, habitat, and effects on agriculture or livestock. The purpose is to help land managers properly identify state-listed noxious weeds that must be controlled in North Dakota.
A great news letter on Minimum Tillage for farmers. This practice offers an alternative to No-till and the cumulative problems that can occur with weed management and nutrient run off.
The document provides guidance on planning succession plantings to ensure continuous harvests of vegetables throughout the growing season. It recommends planting crops like beans, squash and cucumbers in succession every 2-3 weeks to avoid gluts and gaps. Specific techniques include fitting succession crops into spare spaces in main crop plots, sowing different varieties of the same crop at the same time to extend the harvest, and using graphs to plan a sequence of sowings that provide an even supply. The overall goal is to plan successive plantings so that a new harvest is ready every 1-2 weeks throughout the summer and early fall.
This document discusses growing Asian greens, including which crops the author recommends and their requirements. The author suggests growing Brassica rapa varieties like napa cabbage, michihili cabbage, celery cabbage, bok choy, and mizuna. Senposai, a cross between komatsuna and cabbage, is highlighted as producing large, tender leaves with a sweet flavor. Ruby Streaks mustard and komatsuna are also recommended. Requirements, harvest times, and advantages of each crop are provided. A few smaller crops are also mentioned that may work for other gardens but were too small for the author's purposes.
This document discusses a training from the National Food Service Management Institute on safely and efficiently using food service equipment. It covers choosing the appropriate equipment for different menu items and food preparation methods. The training introduces dry and moist heat cooking methods, such as baking, roasting, broiling, frying, steaming, and braising. It emphasizes that selecting the proper equipment and cooking technique is important for food quality, safety, and yield.
The Xerces Society works to protect wildlife through invertebrate conservation and habitat protection. They promote conservation biological control, which uses habitat management to encourage beneficial insects and natural pest control. Providing diverse habitat with nectar and shelter supports a variety of beneficial insect predators and parasitoids that control pests and save US crops an estimated $4.5-12 billion annually in pest control services. The key is providing at least 20% of farm area as diverse non-crop habitat, such as hedgerows, field borders, cover crops, and permanent ground covers.
1. The 2015 crop budgets provide an estimate of
revenues and costs for selected crops. Each set
of budgets are developed for a multi-county region.
There is considerable variation in soil type and pro-
ductivity, weather conditions, as well as management
and production practices within each region. There-
fore, THESE BUDGETS ARE ONLY INTENDED TO
BE USED AS A GUIDE. EVERY INDIVIDUAL IS
HIGHLY ENCOURAGED TO DEVELOP HIS/HER
OWN BUDGETS!
The profitability budget accounts for full economic
opportunity costs for land and machinery investment,
regardless of farm operator equity position. The
bottom line is the return to labor and management.
This is the expected “payment” to the producer for
the labor and managerial efforts required by the crop
enterprise. Each individual must make the decision
whether it is sufficient.
The budget can be changed to conform to the more
common definition of accounting profit (return to
unpaid labor and management, and owner equity) by
replacing the machinery investment and land charge
cost items with your per acre interest and rental
expense of machinery and land, and real estate tax
if land is owned.
The budget can be used for long run decisions if the
revenues and costs are realistic for several years.
(Crop prices, direct costs, and the land charge are
best estimates for only the 2015 crop year, but crop
yields are historic averages and machinery ownership
costs are an average for the total length of owner-
ship). If the budget shows a high return to labor and
management, and is representative for several years,
increased acreage and corresponding investment
should be considered. However, if long-run returns to
labor and management are unsatisfactory the best de-
cision may be to exit the crop enterprise and employ
the machinery and land investment, and labor and
management, in a different enterprise or investment.
For short-run planning decisions you can omit the
indirect costs if the land and machinery required to
produce the different enterprises are in place. Simply
compare the crop enterprises by calculating return
over direct costs. Labor requirements and risk should
also be considered. Insurance is not available for
some crops.
North Dakota State University, Fargo, ND
December 2014
North Central
North Dakota
Andrew Swenson, Farm Management Specialist
Ron Haugen, Farm Management Specialist
Projected 2015 Crop Budgets
EC1654
2. 2
The budget can be used to estimate cashflow by
making a few modifications. Machinery depreciation
should be omitted and the machinery investment
number replaced with your per acre principal and
interest payment on machinery debt. For owned land,
the land charge should be replaced with your per acre
real estate tax and principal and interest payment on
land debt.
The 2014 Farm Bill initiated the Price Loss Coverage
(PLC) and Agricultural Risk Coverage (ARC) support
programs, and elimanted the direct and counter-
cyclical payment programs and the ACRE program.
PLC and ARC payments have been omitted from the
budgets because those payments, if any, are tied to
historic farm program base acres, not to current crop
selection or production.
Primary Assumptions:
Crops are planted on dryland recrop ground. Costs of
moving crop to local market/storage are included.
The budgets for the South West, North West, South
Central and North Central regions typically represent
production systems where soil disturbance only oc-
curs at seeding.
Market Price: Best estimates of NDSU extension
economists. The greater of projected market price
and marketing loan rate is used.
Market Yields: Average yield for the 7 year period
2007-2013, after the low and high yield years are
removed.Yields for safflower, yellow mustard, buck-
wheat, millet, rye and chickpeas are from NDSU
extension agronomists and industry sources.
Fertilizer: Cost of fertilizer applied, based on soil test,
to meet yield goal of 130% of market yield. N fertil-
izer can be reduced if previous crop was soybean,
dry bean, field peas or lentil.
Soil test - recrop:
Nitrogen - 35 lb
Phosphorus - 8 ppm
Potassium - 363 ppm
Fertilizer prices:
Nitrogen - .46/lb
Phosphorus - .45/lb
Potassium - .38/lb
Seed Prices:
Spring Wheat 11.00/bu
Durum 18.50/bu
Barley 9.00/bu
Corn grain RR/Bt 2.70/thou.kern.
Corn grain RR 2.50/thou.kern.
Soybean RR2 .35/thou.kern.
Dry Beans .88/lb
Oil Sunflower 1.50/thou.kern.
Conf. Sunflower 2.50/thou.kern.
Canola 10.25/lb
Flax 18.00/bu
Field Peas 12.75/bu
Oats 6.00/bu
Lentils .40/lb
Mustard 1.70/lb
Buckwheat .62/lb
Millet .30/lb
Winter Wheat 10.50/bu
Rye 9.50/bu
Fuel prices:
Diesel 2.65/gal
Gas 2.60/gal
Lubrication charge: 15% of fuel cost
Crop Insurance: Coverage levels are 70% on all
insurable crops.Yield Protection or APH insurance
estimates are used, except for Revenue Protection
on all wheat, barley, soybeans, corn, canola,
sunflowers and dry beans.
Miscellaneous: soil testing, machinery rent and
custom work.
Operating Interest: Direct costs charged 4.25%
interest for 6 month period.
Misc. Overhead: Machinery housing and insurance at
.5% and .85%, respectively, of average machinery
investment. Also, liability insurance and license fees
of trucks. In addition, $3 per acre is assumed for
general farm utilities, farm publications, meetings,
dues, income tax preparation, legal fees, etc.
Land charge = average cash rent.
Machinery investment: 4.5% real interest rate,
over the years of machine ownership, is charged on
average machinery investment. The real, or infla-
tion adjusted, rate is the commercial rate minus the
inflation rate. Ave. mach. investment = (Purchase
price + Disposal price)/2
Depreciation = (Purchase price - disposal price /
years ownership)
3. 3
Spring Wheat Durum
Your Your
Per Acre Figures Per Acre Figures
Market Yield 42 ____________ 39 ____________
Market Price 5.95 ____________ 6.95* ____________
MARKET INCOME 249.90 ____________ 271.05 ____________
DIRECT COSTS
-Seed 17.60 ____________ 37.00 ____________
-Herbicides 26.20 ____________ 26.20 ____________
-Fungicides** 5.50 ____________ 5.50 ____________
-Insecticides*** 0.00 ____________ 0.00 ____________
-Fertilizer 59.83 ____________ 54.41 ____________
-Crop Insurance 12.90 ____________ 14.80 ____________
-Fuel & Lubrication 14.61 ____________ 14.42 ____________
-Repairs 18.14 ____________ 18.06 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 1.50 ____________ 1.50 ____________
-Operating Interest 3.32 ____________ 3.65 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 159.60 ____________ 175.54 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.22 ____________ 7.17 ____________
-Machinery Depreciation 20.83 ____________ 20.68 ____________
-Machinery Investment 12.17 ____________ 12.09 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 90.21 ____________ 89.94 ____________
SUM OF ALL LISTED COSTS 249.82 ____________ 265.48 ____________
RETURN TO LABOR & MANAGEMENT 0.08 ____________ 5.57 ____________
LISTED COSTS PER BUDGET UNIT (bu) (bu)
-Direct Costs 3.80 ____________ 4.50 ____________
-Indirect Costs 2.15 ____________ 2.31 ____________
-Total Costs 5.95 ____________ 6.81 ____________
Wheat notes:
*Durum price is for milling quality. There is risk of lower quality and price.
**Includes seed treatment ($1.50-$2.00) and early season foliar fungicide ($2-$4.50). Late season fungicides
are often warranted in this region. For fusarium head blight (scab) control, prothioconazole or metconazole
containing products (about $12) are highly recommended when a more susceptable cultivar is grown and/or
when conditions are favorable for infection.
***Wheat midge insecticide would cost about $6. Cereal grain aphid insecticide would cost about $6.
4. 4
Malting Barley Corn Grain
Your Your
Per Acre Figures Per Acre Figures
Market Yield 63 ____________ 97 ____________
Market Price 4.66* ____________ 3.50 ____________
MARKET INCOME 293.58 ____________ 339.50 ____________
DIRECT COSTS
-Seed 14.40 ____________ 76.95* ____________
-Herbicides 23.70 ____________ 21.00 ____________
-Fungicides 5.50** ____________ 0.00 ____________
-Insecticides 0.00 ____________ 0.00 ____________
-Fertilizer 54.60 ____________ 73.25 ____________
-Crop Insurance 15.50 ____________ 27.80 ____________
-Fuel & Lubrication 15.83 ____________ 21.20 ____________
-Repairs 18.55 ____________ 22.35 ____________
-Drying 0.00 ____________ 20.37 ____________
-Miscellaneous 1.50 ____________ 1.50 ____________
-Operating Interest 3.18 ____________ 5.62 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 152.75 ____________ 270.04 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.56 ____________ 9.43 ____________
-Machinery Depreciation 21.72 ____________ 31.68 ____________
-Machinery Investment 12.61 ____________ 17.91 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 91.89 ____________ 109.01 ___________
SUM OF ALL LISTED COSTS 244.64 ____________ 379.06 ____________
RETURN TO LABOR & MANAGEMENT 48.94 ____________ (39.56) ____________
LISTED COSTS PER BUDGET UNIT (bu) (bu)
-Direct Costs 2.42 ____________ 2.78 ____________
-Indirect Costs 1.46 ____________ 1.12 ____________
-Total Costs 3.88 ____________ 3.91 ____________
Barley notes:
*On average, about 35% of production is feed quality. Use $2.87 estimate for feed barley price.
**Includes seed treatment ($1.50-$2.00) and early season foliar fungicide ($2-$4.50). Late season fungicides,
prothioconazole or metconazole containing products, for fusarium head blight (scab) control are recommended
when conditions are favorable for infection.
Corn notes:
*RR/Bt corn. Cost includes insecticide seed treatment for wireworm, rootworm, white grub and suppression of
cutworm.
5. 5
Soybeans Drybeans
Your Your
Per Acre Figures Per Acre Figures
Market Yield 31 ____________ 1550 ____________
Market Price 8.85 ____________ 0.25 ____________
MARKET INCOME 274.35 ____________ 387.50 ____________
DIRECT COSTS
-Seed 69.25* ____________ 44.00 ____________
-Herbicides 20.00 ____________ 45.80* ____________
-Fungicides 0.00 ____________ 0.00** ____________
-Insecticides 0.00** ____________ 0.00 ____________
-Fertilizer 7.80 ____________ 41.06 ____________
-Crop Insurance 11.20 ____________ 15.40 ____________
-Fuel & Lubrication 12.00 ____________ 16.83 ____________
-Repairs 16.15 ____________ 21.32 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 4.75 ____________ 12.75 ____________
-Operating Interest 3.00 ____________ 4.19 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 144.15 ____________ 201.35 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 6.68 ____________ 7.92 ____________
-Machinery Depreciation 19.58 ____________ 26.55 ____________
-Machinery Investment 10.76 ____________ 15.04 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 87.02 ____________ 99.51 ____________
SUM OF ALL LISTED COSTS 231.18 ____________ 300.86 ____________
RETURN TO LABOR & MANAGEMENT 43.17 ____________ 86.64 ____________
LISTED COSTS PER BUDGET UNIT (bu) (lb)
-Direct Costs 4.65 ____________ 0.13 ____________
-Indirect Costs 2.81 ____________ 0.06 ____________
-Total Costs 7.46 ____________ 0.19 ____________
Soybean notes:
*RR2 (glyphosate) resistant soybeans. The cost includes $8 for inoculant and fungicide treatment in addition to
seed expense.
**Soybean aphid and/or spider mite insecticide would cost about $7 per acre plus application.
Drybean notes:
*Includes dessicant prior to straight cutting.
**Fungicide for white mold would cost about $18 plus application.
Fungicide for rust at $2-$4.50 plus application maybe necessary.
6. 6
Oil Confectionery
Sunflower Sunflower
Your Your
Per Acre Figures Per Acre Figures
Market Yield 1510 ____________ 1430 ____________
Market Price 0.177 ____________ 0.249 ____________
MARKET INCOME 267.27 ____________ 356.07 ____________
DIRECT COSTS
-Seed 31.50* ____________ 45.00* ____________
-Herbicides 33.20 ____________ 35.30 ____________
-Fungicides 0.00** ____________ 0.00** ____________
-Insecticides 7.00*** ____________ 14.00*** ____________
-Fertilizer 39.03 ____________ 36.11 ____________
-Crop Insurance 9.70 ____________ 12.40 ____________
-Fuel & Lubrication 16.07 ____________ 15.91 ____________
-Repairs 18.72 ____________ 18.65 ____________
-Drying 4.53 ____________ 4.29 ____________
-Miscellaneous 9.50 ____________ 17.50 ____________
-Operating Interest 3.60 ____________ 4.23 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 172.85 ____________ 203.40 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.79 ____________ 7.74 ____________
-Machinery Depreciation 23.11 ____________ 22.99 ____________
-Machinery Investment 13.89 ____________ 13.82 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 94.78 ____________ 94.55 ____________
SUM OF ALL LISTED COSTS 267.63 ____________ 297.95 ____________
RETURN TO LABOR & MANAGEMENT (0.36) ____________ 58.12 ____________
LISTED COSTS PER BUDGET UNIT (lb) (lb)
-Direct Costs 0.11 ____________ 0.14 ____________
-Indirect Costs 0.06 ____________ 0.07 ____________
-Total Costs 0.18 ____________ 0.21 ____________
Oil Sunflower notes:
*Cost includes seed treatment for control of wireworm and flea beetle.
**Fungicide for rust would cost $4 plus application.
***One spraying for head feeding insects (red seed weevil, lygus bug and banded moths). Custom application
cost of $8 is under “Miscellaneous.” Insecticide treatment for cutworms would cost about $5 plus application
(usually tank mixed with herbicide).
Confectionery Sunflower notes:
*Cost includes seed treatment for control of wireworm and flea beetle.
**Fungicide for rust would cost $4 plus application.
***Two sprayings for head feeding insects (red seed weevil, lygus bug and banded moths) at about $7 per
application. Each custom application cost of $8 is under “Miscellaneous.” Insecticide treatment for cutworms
would cost about $5 plus application (usually tank mixed with herbicide).
7. 7
Canola Flax
Your Your
Per Acre Figures Per Acre Figures
Market Yield 1570 ____________ 21 ____________
Market Price 0.172 ____________ 11.45 ____________
MARKET INCOME 270.04 ____________ 240.45 ____________
DIRECT COSTS
-Seed 51.25* ____________ 14.40 ____________
-Herbicides 20.70 ____________ 28.50 ____________
-Fungicides 0.00** ____________ 0.00 ____________
-Insecticides 0.00 ____________ 0.00 ____________
-Fertilizer 69.23 ____________ 28.77 ____________
-Crop Insurance 11.00 ____________ 6.60 ____________
-Fuel & Lubrication 14.60 ____________ 13.44 ____________
-Repairs 18.18 ____________ 17.80 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 1.50 ____________ 1.50 ____________
-Operating Interest 3.96 ____________ 2.36 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 190.41 ____________ 113.37 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.19 ____________ 6.89 ____________
-Machinery Depreciation 21.18 ____________ 20.00 ____________
-Machinery Investment 12.49 ____________ 11.77 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 90.86 ____________ 88.66 ____________
SUM OF ALL LISTED COSTS 281.28 ____________ 202.04 ____________
RETURN TO LABOR & MANAGEMENT (11.24) ____________ 38.41 ____________
LISTED COSTS PER BUDGET UNIT (lb) (bu)
-Direct Costs 0.12 ____________ 5.40 ____________
-Indirect Costs 0.06 ____________ 4.22 ____________
-Total Costs 0.18 ____________ 9.62 ____________
Canola notes:
*Cost includes insecticide seed treatment for flea beetles.
**Fungicide for white mold would cost about $18 plus application.
8. 8
Field Peas Oats
Your Your
Per Acre Figures Per Acre Figures
Market Yield 40 ____________ 66 ____________
Market Price 6.30* ____________ 2.49 ____________
MARKET INCOME 252.00 ____________ 164.34 ____________
DIRECT COSTS
-Seed 38.25** ____________ 12.00 ____________
-Herbicides 31.75 ____________ 9.80 ____________
-Fungicides 1.50 ____________ 0.00 ____________
-Insecticides 0.00*** ____________ 0.00 ____________
-Fertilizer 11.65 ____________ 47.41 ____________
-Crop Insurance 7.50 ____________ 8.30 ____________
-Fuel & Lubrication 14.19 ____________ 17.05 ____________
-Repairs 18.56 ____________ 19.42 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 9.25 ____________ 1.50 ____________
-Operating Interest 2.82 ____________ 2.45 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 135.47 ____________ 117.94 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.19 ____________ 8.00 ____________
-Machinery Depreciation 22.32 ____________ 23.00 ____________
-Machinery Investment 12.14 ____________ 13.99 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 91.65 ____________ 94.99 ____________
SUM OF ALL LISTED COSTS 227.12 ____________ 212.93 ____________
RETURN TO LABOR & MANAGEMENT 24.88 ____________ (48.59) ____________
LISTED COSTS PER BUDGET UNIT (bu) (bu)
-Direct Costs 3.39 ____________ 1.79 ____________
-Indirect Costs 2.29 ____________ 1.44 ____________
-Total Costs 5.68 ____________ 3.23 ____________
Field Pea Notes:
*Yellow pea food quality price. Use $7.80 for green pea food quality and about $4.00 for feed quality peas.
**Yellow pea seed cost, use $47 per acre for green peas.
***Insecticide treatment for cutworms and/or pea aphids would cost about $5 per acre plus application.
9. 9
Lentils Yellow Mustard
Your Your
Per Acre Figures Per Acre Figures
Market Yield 1460 ____________ 900 ____________
Market Price 0.23 ____________ 0.294 ____________
MARKET INCOME 335.80 ____________ 264.60 ____________
DIRECT COSTS
-Seed 28.00 ____________ 20.40 ____________
-Herbicides 36.40* ____________ 20.10 ____________
-Fungicides 0.00** ____________ 0.00 ____________
-Insecticides 0.00*** ____________ 6.00* ____________
-Fertilizer 7.09 ____________ 28.57 ____________
-Crop Insurance 13.20 ____________ 15.50** ____________
-Fuel & Lubrication 13.78 ____________ 13.95 ____________
-Repairs 19.27 ____________ 18.07 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 9.25 ____________ 1.50 ____________
-Operating Interest 2.70 ____________ 2.64 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 129.69 ____________ 126.73 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 7.26 ____________ 7.12 ____________
-Machinery Depreciation 22.50 ____________ 20.58 ____________
-Machinery Investment 12.44 ____________ 12.70 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 92.19 ____________ 90.40 ____________
SUM OF ALL LISTED COSTS 221.88 ____________ 217.13 ____________
RETURN TO LABOR & MANAGEMENT 113.92 ____________ 47.47 ____________
LISTED COSTS PER BUDGET UNIT (lb) (lb)
-Direct Costs 0.09 ____________ 0.14 ____________
-Indirect Costs 0.06 ____________ 0.10 ____________
-Total Costs 0.15 ____________ 0.24 ____________
Lentil notes:
*Includes pre-harvest dessicant.
**Fungicide treatment for ascochyta/anthracnose would cost about $16 plus application.
***Insecticide treatment for cutworms would cost about $5 per acre plus application.
Yellow Mustard notes:
*Insecticide seed treatment for flea beetles.
**Crop Insurance is not available in some counties of the region.
10. 10
Buckwheat Millet
Your Your
Per Acre Figures Per Acre Figures
Market Yield 950 ____________ 1300 ____________
Market Price 0.243 ____________ 0.075 ____________
MARKET INCOME 230.85 ____________ 97.50 ____________
DIRECT COSTS
-Seed 31.00 ____________ 7.50 ____________
-Herbicides 18.10 ____________ 9.70 ____________
-Fungicides 0.00 ____________ 0.00 ____________
-Insecticides 0.00 ____________ 0.00 ____________
-Fertilizer 17.53 ____________ 17.42 ____________
-Crop Insurance 10.50* ____________ 0.00 ____________
-Fuel & Lubrication 13.65 ____________ 14.57 ____________
-Repairs 17.44 ____________ 18.34 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 1.50 ____________ 1.50 ____________
-Operating Interest 2.33 ____________ 1.47 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 112.05 ____________ 70.50 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 6.97 ____________ 7.30 ____________
-Machinery Depreciation 20.09 ____________ 21.06 ____________
-Machinery Investment 12.03 ____________ 12.96 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 89.09 ____________ 91.31 ____________
SUM OF ALL LISTED COSTS 201.15 ____________ 161.81 ____________
RETURN TO LABOR & MANAGEMENT 29.70 ____________ (64.31) ____________
LISTED COSTS PER BUDGET UNIT (lb) (lb)
-Direct Costs 0.12 ____________ 0.05 ____________
-Indirect Costs 0.09 ____________ 0.07 ____________
-Total Costs 0.21 ____________ 0.12 ____________
Buckwheat notes:
*Crop insurance is not available in most counties of the region.
11. 11
Winter Wheat Rye
Your Your
Per Acre Figures Per Acre Figures
Market Yield 50* ____________ 44 ____________
Market Price 5.41 ____________ 6.01 ____________
MARKET INCOME 270.50 ____________ 264.44 ____________
DIRECT COSTS
-Seed 11.55 ____________ 11.40 ____________
-Herbicides 23.90 ____________ 6.50 ____________
-Fungicides 9.00 ____________ 0.00 ____________
-Insecticides 0.00 ____________ 0.00 ____________
-Fertilizer 74.30 ____________ 63.45 ____________
-Crop Insurance 13.70 ____________ 10.90 ____________
-Fuel & Lubrication 14.38 ____________ 14.08 ____________
-Repairs 17.12 ____________ 16.70 ____________
-Drying 0.00 ____________ 0.00 ____________
-Miscellaneous 7.50 ____________ 7.50 ____________
-Operating Interest 3.64 ____________ 2.77 ____________
======== ============ ======== ============
SUM OF LISTED DIRECT COSTS 175.09 ____________ 133.30 ____________
INDIRECT (FIXED) COSTS
-Misc. Overhead 6.93 ____________ 6.86 ____________
-Machinery Depreciation 19.84 ____________ 19.59 ____________
-Machinery Investment 10.93 ____________ 10.91 ____________
-Land Charge 50.00 ____________ 50.00 ____________
======== ============ ======== ============
SUM OF LISTED INDIRECT COSTS 87.70 ____________ 87.37 ____________
SUM OF ALL LISTED COSTS 262.79 ____________ 220.67 ____________
RETURN TO LABOR & MANAGEMENT 7.71 ____________ 43.77 ____________
LISTED COSTS PER BUDGET UNIT (bu) (bu)
-Direct Costs 3.50 ____________ 3.03 ____________
-Indirect Costs 1.75 ____________ 1.99 ____________
-Total Costs 5.26 ____________ 5.02 ____________
Winter Wheat notes:
*Yield is per harvested acre. There is some risk of acreage abandonment in spring.
12. 2015 Machinery List
Purch. Annual Years Trade
Machine Price Use to trade in Deprec. Invest. Repairs Ac/hr
FWA 140HP Tractor 128100 400 hr 20 40090 11.00 /hr 9.46 /hr 12.66 /hr
FWA 180HP Tractor 173600 500 hr 15 49843 16.50 /hr 10.05 /hr 17.15 /hr
4WD 340HP Tractor 228700 500 hr 15 65685 21.74 /hr 13.25 /hr 12.92 /hr
SP Combine (base unit) 277800 250 hr 12 67068 70.24 /hr 31.04 /hr 43.77 /hr
Tandem Truck (used) 37700 150 hr 15 12000 11.42 /hr 7.46 /hr 7.73 /hr
Semi & Trailer (used) 42300 150 hr 10 12100 20.13 /hr 8.16 /hr 9.33 /hr
Pick-up Truck 29800 300 hr 10 5900 7.97 /hr 2.68 /hr 3.50 /hr
Swather 30 ft 30200 1000 ac 20 7152 1.15 /ac 0.84 /ac 0.49 /ac 13.1
Sprayer 90 ft 38200 5000 ac 10 19024 0.38 /ac 0.26 /ac 0.49 /ac 42.5
Heavy Harrow 70 ft 30600 2000 ac 20 17837 0.32 /ac 0.55 /ac 0.34 /ac 39.7
Air Seeder 40 ft 178100 2400 ac 10 91039 3.62 /ac 2.52 /ac 6.16 /ac 17.0
Planter 16-30 111100 1400 ac 15 46192 3.09 /ac 2.53 /ac 4.61 /ac 14.2
Corn head 57800 800 ac 12 16565 4.29 /ac 2.09 /ac 1.34 /ac 6.8
Grain head w/pu 15400 800 ac 20 1511 0.87 /ac 0.47 /ac 0.24 /ac 10.2
Grain str. cut 30 ft 25600 2000 ac 8 10336 0.95 /ac 0.40 /ac 0.40 /ac 10.2
Head w/sunf pans 30 ft 30800 600 ac 20 3148 2.30 /ac 1.27 /ac 0.48 /ac 10.2
Flex head 30 ft 38000 1000 ac 20 3486 1.72 /ac 0.93 /ac 0.59 /ac 10.2
Rock picker 22000 50 hr 20 7013 0.50 /ac 0.44 /ac 0.33 /ac 29.1
Grain Cart 30000 100 hr 20 5100 12.45 /hr 7.90 /hr 7.50 /hr
Grain auger 12500 50 hr 20 725 11.78 /hr 5.95 /hr 4.70 /hr
For more information on this and other topics, see www.ag.ndsu.edu
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