Comparative Cost Worksheet
GREENFIELD VERSUS WHEEL LINE
Comparative Cost of Mechanical Move Irrigation Machines
Greenfield Center Pivot CAPITAL COST Number of Machines Acres Irrigated (Square 40 well present with 400 GPM) Required Flow Rate (GPM) Equipment Cost TOTAL CAPITAL COST CAPITAL COST PER ACRE 1 35 300 $17,500 $17,500 $500.00 Greenfield Lateral Move 1 39 300 $24,500 $24,500 $628.20 Wheel Line 2 38 400 $18,000 $18,000 $473.68 Your Estimate ______________ ______________ ______________ ______________ ______________ ______________
Annual Ownership Costs (Per Acre):
Greenfield Center Pivot Depreciation on Machine (20 yr) Interest on Investment @ 7% Insurance ($1.00/$100) TOTAL ANNUAL OWNERSHIP COST OPERATING COST (PER ACRE) Power (electric 6 cents/KWH) Labor (@ $10.00/hr) Maintenance (1.5% New Cost) TOTAL ANNUAL OPERATING COST OPERATING AND OWNERSHIP COST Pressure at the Machine (psi) $25.00 35.00 5.00 $65.00
Greenfield Lateral Move $31.41 43.97 6.28 $81.66
Wheel Line $23.68 33.16 4.73 $61.57
Your Estimate ______________ ______________ ______________ ______________
$16.01 8.00 7.50 $31.51 $96.51 40
$20.74 18.00 9.41 $48.15 $129.81 45
$32.19 35.00 7.10 $74.29 $135.86 60
______________ ______________ ______________ ______________ ______________ ______________
Profit Projection Comparison
Without Irrigation Gross Revenue per Acre Irrigation Operating and Ownership Cost Other Expenses
(land cost, seed, chemical, fertilizer, etc.)
With Irrigation _____________ _____________ _____________ _____________
_____________ -0.00_____________ _____________
Net Income
dealer imprint area
Lindsay Manufacturing Company 214 E 2nd St., Lindsay, NE 68644
1-800-829-5300
www.minipivot.com
GF 2003-03
ly for Small-Field Operations
Enterprise Analysis Worksheet
Hay Irrigated Yield Expected Price MARKET INCOME1 DIRECT VARIABLE COST/ACRE Seed Weed Control Insecticides Fertilizer Crop Insurance Fuel & Lubrication Repairs Irrigation Power Irrigation Repairs Rake & Cut Bailing Miscellaneous Operating Interest SUM OF DIRECT COSTS RETURN OVER VARIABLE COSTS INDIRECT FIXED COST/ACRE Misc. Overhead Machinery DEPRECIATION/ACRE Machinery INVESTMENT/ACRE Irrigation DEPRECIATION/ACRE Irrigation Investment Land Taxes Land Investment SUM OF INDIRECT COSTS SUM OF ALL LISTED COSTS2 RETURN TO LABOR & MANAGEMENT 16.30 3.97 26.25 $87.22 $237.14 $122.86 —— 3.97 26.25 $56.55 $159.28 $83.72 ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ 14.37 —— ____________ ____________ 11.54 11.54 ____________ ____________ $5.00 9.79 $5.00 9.79 ____________ ____________ ____________ ____________ 4 tons $90.00 $360.00 Per Acre $12.00 10.60 2.50 21.40 4.70 11.29 8.00 31.33 5.00 18.05 16.00 1.05 8.00 $149.92 $210.08 Non-irrigated 2.7 tons $90.00 $243.00 Per Acre $12.00 10.60 2.50 13.10 4.70 11.29 8.00 —— —— 18.05 16.00 1.05 5.44 $102.73 $140.27 ____________ ____________ ____________ ____________ ____________ ____________ Your Operation Irrigated ____________ ____________ ____________ Per Acre ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ Non-irrigated ____________ ____________ ____________ Per Acre ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________ ____________
Efficient Small-Field Conversion for GRAVITY FLOW and WHEEL LINE IRRIGATORS
Return on Investment (Example) = added income ($360.00 - $243.00) x 100 = 151% 2 added cost ($237.14 – $159.28) Return on Investment (Your Field) = added income 2 added cost
1
1
_____________ x 100 = _____________%
Information in this brochure is intended for use as a guide and does not represent a warranty or guarantee of the specific yields or income that can be achieved. Management factors may also affect the end results.