Grain
Corn - No-Till Enterprise Budget
|
Revenue
|
Revised July 2008
Sample cost
per Acre |
Your Farm Budget |
|
Expected Yield (bu/ac)
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137.00
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Expected Price ($/bu)
|
5.00
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Total Expected Revenue (Yield x Price)
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add: Program Payment
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Total Revenue
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Expenses
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Revised July 2008
Sample cost
per Acre
|
Your Farm Budget |
|
Seed - 30,000 Kernels,
treated
|
62
|
|
|
Seed Treatment
|
0
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|
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Fertilizer #1 28kg/ac
11-52-0
|
33
|
|
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Fertilizer #2 32kg/ac
0-0-60
|
21
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Fertilizer #3 236
kg/ac 28-0-0
|
110
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Herbicide - Annual
grasses and broadleaf herbicides
|
38
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|
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Herbicide - Burndown
control
|
9
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Herbicide - other
weed control
|
|
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Insecticides
|
0
|
|
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Fungicides
|
|
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Crop Insurance
|
14
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|
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Program Premium
|
|
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Custom Work #1
Pesticide Application
|
18
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|
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Custom Work #2
Fert. Application mixing delivery
|
9
|
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Custom Work #3
Other
|
|
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Drying 8 points
|
68
|
|
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Storage
|
29
|
|
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Trucking
|
30
|
|
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Marketing Fees
|
1
|
|
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Other
|
|
|
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Fuel
|
18
|
|
|
Mach. Repair &
Maint.
|
9
|
|
|
Bldg. Repair &
Maint.
|
|
|
|
Labour
|
7
|
|
|
General variable
costs
|
|
|
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Interest on Operating
capital
|
16
|
|
|
Total Variable Costs
|
492
|
|
Gross Margin (Revenue - Variable Costs)
|
Fixed Costs
|
Revised July 2008
Sample cost
per Acre |
Your Farm Budget |
|
Depreciation
|
15
|
|
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Interest on Term Loans
|
12
|
|
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Land Cost
|
|
|
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Long-Term Leases
|
|
|
|
General Fixed Costs
|
3
|
|
|
Total Fixed Costs
|
30
|
|
|
Total Expenses
|
522
|
|
Breakeven Price on Your Farm is (Total Expenses/Expected
Yield)
Allocation of General Variable and Fixed Costs
General Variable and Fixed Costs or general overhead costs are those
whole farm costs that can be difficult to allocate to a specific enterprise.
These costs will show little or no change whether one crop or another
is grown. That is to say your crop mix choice should be the same after
allocating general overhead costs as it was before they were added.
This table allows you to allocate these overhead costs and transfer
them to the budget to arrive at a total cost of production.
| Cost Item |
Whole Farm $ |
Percent Allocated to Grain Corn |
Total Dollars Allocated to Grain Corn |
Per Acre Costs for Grain Corn |
Your Farm Budget |
|
$1500.00
|
20%
|
$300
|
$3.00
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$
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Grain
Corn
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Grain
Corn
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Grain
Corn
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| Index
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Tools |
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Help |
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For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca
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