Table 5. Estimates of Machinery Labor, Machinery Investment, and Production Costs for
Conventional Tillage and No-till Wheat Production Systems._________________________
_______Units |
Conventional |
No-till | |
_______________________________All Farms_______________________________ | |||
Wheat Seed |
$/ac |
10.50 |
10.50 |
Fertilizer |
$/ac |
22.55 |
22.55 |
Herbicide |
$/ac |
0.00 |
11.25 |
Insecticide |
$/ac |
3.00 |
3.00 |
Custom Harvest and Hauling________ |
$/ac |
___________20.80 |
20.80 |
____________________________320-Acre Farm____________________________ | |||
Machinery Labor |
hrs/ac |
1.21 |
0.29 |
Average Machinery Investment |
$/ac |
159.70 |
134.43 |
Interest on Operating Capital |
$/ac |
2.60 |
3.39 |
Fuel, Lube, and Repairs |
$/ac |
9.62 |
3.03 |
Custom Application Charge |
$/ac |
5.64 |
16.61 |
Total Operating Cost |
$/ac |
74.71 |
91.13 |
Machinery Fixed Cost |
$/ac |
34.58 |
27.88 |
Total Operating Plus Machinery Cost |
$/ac |
109.29 |
119.01 |
640-Acre Farm | |||
Machinery Labor |
hrs/ac |
0.68 |
0.14 |
Average Machinery Investment |
$/ac |
127.75 |
106.19 |
Interest on Operating Capital |
$/ac |
2.61 |
3.37 |
Fuel, Lube, and Repairs |
$/ac |
9.90 |
2.67 |
Custom Application Charge |
$/ac |
5.64 |
16.61 |
Total Operating Cost |
$/ac |
75.00 |
90.75 |
Machinery Fixed Cost |
$/ac |
28.09 |
22.49 |
Total Operating Plus Machinery Cost |
$/ac |
103.09 |
113.24 |
1,280-Acre Farm | |||
Machinery Labor |
hrs/ac |
0.72 |
0.43 |
Average Machinery Investment |
$/ac |
118.89 |
85.35 |
Interest on Operating Capital |
$/ac |
2.53 |
2.76 |
Fuel, Lube, and Repairs |
$/ac |
13.92 |
7.19 |
Custom Application Charge |
$/ac |
0.00 |
0.00 |
Total Operating Cost |
$/ac |
73.30 |
78.05 |
Machinery Fixed Cost |
$/ac |
25.37 |
17.92 |
Total Operating Plus Machinery Cost |
$/ac |
98.67 |
95.97 |
____________________________2,560-Acre Farm____________________________ | |||
Machinery Labor |
hrs/ac |
0.51 |
0.37 |
Average Machinery Investment |
$/ac |
130.90 |
74.93 |
Interest on Operating Capital |
$/ac |
2.61 |
2.89 |
Fuel, Lube, and Repairs |
$/ac |
15.47 |
9.73 |
Custom Application Charge |
$/ac |
0.00 |
0.00 |
Total Operating Cost |
$/ac |
74.93 |
80.72 |
Machinery Fixed Cost |
$/ac |
28.45 |
16.07 |
Total Operating Plus Machinery Cost |
$/ac |
__________103.38 |
99.79 |
17