Machinery ownership and operating costs represent
a substantial portion of total production expenses for both crop
and livestock producers. Row crops, fruits, vegetables, and forages
are al produced using increasingly specialized machinery and equipment.
Machinery costs are difficult to calculate, particularly for individual
enterprises or operations. Machinery ownership and operating costs
represent a substantial portion of total production expenses for
both crop and livestock producers. Row crops, fruits, vegetables,
and forages are all produced using increasingly specialized machinery
and equipment. Machinery costs are difficult to calculate, particularly
for individual enterprises or operations.
Cost analysis of farm machinery and implements has been greatly
simplified with Machinery Cost Calculator. Producers now have a
sophisticated, yet user-friendly tool to estimate costs of owning
and operating farm machinery and equipment. Costs of machinery can
be estimated on a per hour of use and per acre farmed basis.
Commonly used tractors; combines; and harvesting, planting, and
tillage implements are listed in easy access drop-down menus and
provide a starting point for quick analysis. Information about each
of the machines can be modified to more closely match each situation.
The machine and implement databases also can be expanded to included
new equipment. Features of Machinery Cost Calculator:
- Windows operated drop down menus
- Context sensitive on-line help
- User's guide
- Database of common tractors, combines, implements,
and other equipment
- American Society of Agricultural Engineers (ASAE)
standards used to calculate cost estimates
- Projects costs and machinery values over a five-year
period
Reports generated by Machinery Cost Calculator:
- Estimated machinery cost report
- Five-year projected machinery cost analysis
report
- Input and parameter report
- Sensitivity analysis shows the change in cost
due to changes in hours of use
Graphs generated by Machinery Cost Calculator:
- Estimated machinery market values
- Annual repair costs
- Total Costs per hour and per acre
- Sensitivity analysis: Hours of use
- Sensitivity analysis: Acres farmed
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