Soft Winter Wheat - No-Till Enterprise
Budget
|
Revenue
|
Revised Jan 2009
Sample cost
per Acre |
Your Farm Budget |
|
Expected Wheat Yield
(bu/ac)
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76.00
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Expected Wheat Price
($/bu)
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5.90
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Total
Expected Market Revenue (Yield x Price)
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add: Program Payment
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Total Revenue
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Expected Straw Yield
(bales/ac)
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50.00
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Expected Straw Price
($/bale)
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2.00
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Total
Expected Straw Revenue (Yield x Price)
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Total Expected Revenue (Straw Rev. + Wheat Rev.)
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Expenses
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Revised Jan 2009
Sample cost
per Acre
|
Your Farm Budget |
|
Seed - 110 lbs/acre
certified, treated (1.4 - 1.7
m seeds/acre)
|
38
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Seed Treatment
|
|
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Fertilizer #1 110 kg/ha
N
|
100
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Fertilizer #2 20 kg/ha
P
|
15
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Fertilizer #3 20 kg/ha
K
|
13
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Herbicide - Annual
Grasses
|
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Herbicide - Broadleaf
Herbicides
|
7
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Herbicide - other weed
control
|
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Insecticides
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Fungicides
|
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Growth Regulators
|
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Crop Insurance
|
14
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Program Premium
|
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Custom Work
#1 Fertilizer application
|
9
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|
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Custom Work
#2 Pesticide application
|
9
|
|
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Drying
|
|
|
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Storage
|
|
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Trucking
|
15
|
|
|
Marketing Fee ($2.00/tonne)
|
4
|
|
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Twine
|
3
|
|
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Other
|
|
|
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Fuel
|
11
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|
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Mach. Repair & Maint.
|
14
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|
|
Bldg. Repair & Maint.
|
|
|
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Labour
|
16
|
|
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General Variable Costs
|
|
|
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Interest on Operating
Capital
|
10
|
|
|
Total Variable Costs
|
281
|
|
Gross Margin (Revenue - Variable Costs)
|
Fixed Costs
|
Revised Jan 2009
Sample cost
per Acre |
Your Farm Budget |
|
Depreciation
|
20
|
|
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Interest on Term Loans
|
15
|
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Land Costs
|
|
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Long-Term Leases
|
|
|
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General Fixed Costs
|
4
|
|
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Total Fixed Costs
|
39
|
|
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Total Expenses
|
320
|
|
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 Wheat |
Total Dollars Allocated to Wheat |
Per Acre Costs for Wheat |
Your Farm Budget |
|
$1500.00
|
20%
|
$300
|
$3.00
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$
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Wheat
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Wheat
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Wheat
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| Index
| Budgeting
Tools |
| Manual Budget
Forms | Online
Help |
For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca
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