Barley 1
BARLEY ENTERPRISE BUDGET - less than 2800 CHU Number of Acres = 1 Expected 70 2.95 50 1.50 70 50 Insurance Evaluation Crop Insurance 0.00 C.I. Premium/ac: n/a Level of Coverage 0.00 Guaranteed Yield/ac. 0.01% Probability of a payout $0.00 Expected Payout/ac Yes Unit/Ac Participate in CI? (y/n) Number Cost/Unit
Revised: Jan '07 $18.51 45.93 bu
Return Per Acre 1 tonne =
Grain Yield - bu/ac Price - $/bu Straw Yield - bales/ac Price - $/bale Total Production Barley - bu Straw - bales
Optimistic 90 3.63 55 1.65 90 55
Pessimistic 50 2.09 45 1.35 50 45
Program Payments Premium/ac: Guaranteed Price/lb. Guaranteed Price/bu. Probability of a payout Expected Payout/ac Participate in Programs? (y/n) Expenses Variable Costs: Seed Seed Treatment Fertilizer #1 #2 #3
4.25 80% 56.00 24.20% $8.43 Yes $/Acre $/Year
Urea P K
kg kg kg kg kg Unit/Ac ------kg or l kg or l kg or l kg or l kg or l kg or l Insurance
54 0.2 64 20 20 Number -----0 1 0 0 1 0 1 1 1 1 1.68 0 1.52 50 0 0
0.60 0 0.48 0.70 0.6113 Cost/Unit ------0 6.40 0 0 14.35 0 4.25 0.00 9.15 9.1 0 0 6.35 0.05 0 0
32 0 30 14 12 $/Acre -----0 6 0 0 14 0 4 0 9 9 0 0 10 3 0 0
32 0 30 14 12 $/Year -----0 6 0 0 14 0 4 0 9 9 0 0 10 3 0 0
Herbicide Annual Grasses Broadleaf Herbicides Other Herbicides Insecticides Fungicides Growth Regulator Crop Insurance Program Premium Custom Work#1 #2 Drying Storage Trucking Twine Marketing Fees Other
Fert. Application Chem. Application tonnes tonnes tonnes sq.bales
Fuel Mach. Repair & Maint. Bldg. Repair & Maint. Labour General Variable Costs Interest on Operating Capital Total Variable Costs
%int 7
Typical $/Acre 12.5 19.05 0 17.8 0 %year 50
Enterprise $ Allocated 0 0 0 0 0 0
$/Acre 13 19 0 18 0 6 -----200
$/Year 13 19 0 18 0 6 -----200
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Fixed Costs: Depreciation Interest on Term Loans Land Cost Long-term Leases General Fixed Costs Total Fixed Costs
Typical $/Acre 33 23.3 0 6.7
Enterprise $ Allocated 0 0 0 0
$/Acre 33 23 0 0 7 -----63
$/Year 33 23 0 0 7 -----63
Revenues: Total Expected Revenues less: Variable Costs Expected Operating Margin less: Fixed Costs Expected Net Revenue Break-even $/bu to cover:
$/Acre 282 200 -----82 63 -----19 Variable Costs Fixed Costs Total Costs
$/Year 282 200 -----82 63 -----19 2.86 0.90 -----3.76
Chance of at least breaking even ==> Chance of at least 0 $/acre return ==> Coefficient of variation ==> Returns $/acre Chances of at least this return per acre 17 % 33 % 50 % 67 % 83 %
56% 56% 0.41
129 68 19 -31 -92
The user of this worksheet assumes all responsibility.
For more information: OMAFRA Agricultural Information Centre
ag.info@omafra.gov.on.ca
1-877-424-1300
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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. Click the transfer button to include the costs calculated in this table into the enterprise budget.
Total acres of Barley:
Transfer General Costs to the Budget
1
Back to Budget
Percent allocated to
Total Dollars allocated to Barley $ 300.00 Barley $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
Per acre costs for Barley 3.00 Barley -
Optional: Percent Allocation to other enterprises
Enterprise 2 Enterprise 3 Enterprise 4 Enterprise 5
Soybeans Wheat Canola Corn
Total allocated
Cost Item Whole Farm $ Example: 100 acres of Barley
Legal and accounting fees $ 1,500.00
Barley 20% Barley
20%
20%
20%
20%
100%
General Variable Costs
Advertising Electricity and heating fuel Telephone Memberships/subscription fees Office expenses Legal and accounting fees Motor vehicle expenses Small tools Soil testing Licenses/permits Other general variable costs
Whole Farm $
Enterprise 2 Enterprise 3 Enterprise 4 Enterprise 5 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Total General Variable Costs $
General Fixed Costs Property taxes Other insurance premiums Other general fixed costs Total General Fixed Costs $
-
-
$ $ $ $
-
$ $ $ $
-
0% 0% 0%