Grain
Corn - No-Till Enterprise Budget
| Revenue |
Revised Jan 2012
Sample cost
per Acre | Your Farm
Budget |
| Expected
Yield (bu/ac) | 150.00 |
|
| Expected
Price ($/bu) |
5.25
|
|
| Total
Expected Revenue (Yield x Price) | |
|
| add:
Program Payment | | |
| Total Revenue |
| |
| Expenses |
Revised Jan 2012
Sample cost
per Acre | Your
Farm Budget |
| Seed
- 32,000 Kernels, treated |
104
|
|
| Seed
Treatment | |
|
|
Fertilizer #1
135 kg/ha (482 kg/ha of 28-0-0 U.A.N)
|
91
|
|
| Fertilizer
#2 20 kg/ha P |
10
|
|
| Fertilizer
#3 50 kg/ha K | 23 |
|
| Herbicide
- Annual grasses and broadleaf herbicides |
13
|
|
| Herbicide
- Burndown control |
7
|
|
| Herbicide
- other weed control | |
|
| Insecticides |
0 | |
| Fungicides |
| |
| Crop
Insurance |
13
| |
| Program
Premium | | |
|
Custom Work #1 Pesticide Application |
20
| |
| Custom Work #2
Fert. Application mixing delivery | 10 |
|
| Custom
Work #3 Other | | |
| Drying
8 points |
83
|
|
| Storage |
31 | |
| Trucking |
35
| |
| Marketing
Fees | 2 |
|
| Other
| | |
| Fuel |
13
| |
| Mach.
Repair & Maint. | 10 |
|
| Bldg.
Repair & Maint. | | |
| Labour |
8 | |
|
General variable costs |
| |
|
Interest on Operating capital |
9
| |
| Total Variable Costs |
483
| |
Gross
Margin (Revenue - Variable Costs)
| Fixed Costs |
Revised Jan 2012
Sample cost
per Acre | Your Farm
Budget |
| Depreciation |
19 | |
| Interest on Term Loans |
8 | |
| Land Cost | | |
| Long-Term Leases |
| |
|
General Fixed Costs | 7 |
|
| Total
Fixed Costs | 34 |
|
| Total
Expenses |
517
|
|
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 | |
| $ |
Grain
Corn |
Grain
Corn |
Grain
Corn |
|
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| Index
| Budgeting Tools
|
| Manual Budget
Forms | Online Help
|
