Farm Machinery Custom and Rental Rate Guide

Transcription

1 Farm Machinery and Rental Guide This guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. It is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business.

2 Table of Contents Introduction....3 Assumptions... 3 Using the Guide... 6 Additional Information... 6 New Information and Clarifications... 6 Summary... 9 Power Units Two Wheel Drive Tractors Four Wheel Drive Tractors Front Wheel Assist Tractors Tracked Tractors Harvesting Grain Self Propelled (SP) Combines Combine Headers Swathers Swath Rollers Grain Bag Loader Grain Bag Extractor Grain Vac Grain Cart Grain Dryer Grain Auger (PTO) Powered Auger Belt Grain Conveyor (PTO) Harvesting Hay Self Propelled (SP) Mower/Conditioners Pull Type (PT) Mower/Conditioners Hay Rakes (Wheel) Self Propelled (SP) Forage Harvester Headers for SP Forage Harvester Pull Type (PT) Forage Harvester Headers for PT Forage Harvester Balers Pull Type (PT) Bale Movers (Self Load/Unload) Self Propelled (SP) Bale Mover Seeding and Fertility Air Drills with Independent Openers Air Hoe Drills Air Disc Drills

3 INTRODUCTION Purpose: This guide has been established to provide approximate costs for renting equipment or obtaining custom farming operations from another farmer. This guide is not intended for establishing rates for individuals or companies that rent equipment or contract custom farming operations as a business. The guide is applicable for two different situations. One is to suggest an equitable price for both parties when one farmer either rents a piece of equipment from another farmer or hires the other to do a farming operation (seeding, spraying, harvesting etc.). In this situation the period of rented operation is usually relatively small in proportion to the use by the owner. The other use is when farmers share equipment and need to establish the value of the machinery and/or farming operation that is being contributed to each farm. Caution: Nearly every situation has circumstances and conditions which are unique. This guide cannot address every situation. It is up to the individuals to recognize special circumstances and make suitable adjustments to cover the differences. It is incumbent upon both parties to agree to acceptable terms before entering into a contract. Method: One of the most critical steps in establishing a rental rate is defining the cost of equipment ownership which includes equipment value, financing, depreciation, repairs and maintenance. Since it is likely that some factors will change for every situation it was necessary to develop the following set of assumptions that form the basis for calculating costs. of ownership includes the cost of depreciation of the equipment due to use and years in service. of ownership also includes an investment cost (e.g. the cost to borrow money to purchase the equipment and/or the lost interest revenue if that money had been invested), and housing/insurance costs. Operating costs include repair and maintenance (broken and worn parts, oil, filters and labour for repair and service), and fuel use. In addition, there are operating labour costs and a margin to cover unexpected incidentals and specific conditions that affect work rate. Assumptions: Basic Assumption: In all cases it is reasonable to assume that rented machinery is in good repair and is capable of performing the intended task in the same manner and at the same productive rate as similar machines of equal specification, ratings or category regardless of age. Equipment Value: The first assumption is setting the initial value based upon the typical suggested list price for a machine suitably equipped for the crops and conditions in the particular area where it is being used. The purchase price used is based upon the average of the base list price and the list price for that machine with all available options. For each piece of equipment and size category listed in this guide, a minimum of two manufacturers were surveyed to collect purchase price information. 3

4 Note that average repair and maintenance costs do not include extraordinary events brought about by extreme conditions, abuse or accident. Fuel costs: Fuel cost is dependent upon fuel market price and can fluctuate dramatically. In this Guide, the diesel fuel price is charged at $0.929/L based on the removal of provincial fuel tax, which farmers and custom operators are both eligible for as a Fuel Permit Exemption Holder. The five per cent Goods and Services Tax (GST) was deducted based on allowable business deductions for fuel. Any power unit s fuel use is highly dependent upon the load (per cent of available power being used) and duty cycle (per cent of time at particular loads). To determine the cost based on fuel efficiency, 75 per cent load is assumed. For alternative loads, fuel usage can be determined by using charts in Appendix H. The selection of the power unit and the operating conditions (yield, moisture, soil type, terrain etc.) will also affect fuel use. This means that for similar tasks there can be a wide variation in fuel cost. For this reason, it is fair if the renter supplies or purchases fuel separately from the rental rate. A fuel cost estimate has been included based upon typical use and should be used only as a ball park indication of what fuel cost might be. Work : Instantaneous work rates are easily calculated based upon the implement s working width and its travel speed. However, in all field operations there is a difference between the instantaneous work rate and the average work rate accomplished over several hours. This is referred to as field efficiency. Field efficiency can vary greatly depending upon work conditions (field size and topography, soil or crop conditions, suitability of the equipment for the task and availability of support equipment). For this guide, a field efficiency of 80 per cent has been chosen and applied to all tasks. Insurance and Housing: It is reasonable to expect that equipment owners will carry suitable insurance against accidental damage and for liability. Suitable housing is also a reasonable measure for maintaining equipment value and performance. These costs have been set at one per cent of the original purchase price of the machine. Labour : The labour rate has been set at $20.00 per hour. It is intended only as a reflection of the labour market in Western Canada. This rate will vary depending upon availability and the individual s experience and skills. If more accurate labour costs are needed to reflect the varying skill levels required for different operations, producers can use the online calculator that allows users to input specific values for the labour rate for each operation. Margin: When performing custom farming operations, conditions can be unpredictable. To account for unexpected cost increases brought about by difficult situations, it is customary to include a margin (or cushion) in the estimated custom rate. This margin has been set at 15 per cent to coincide with typical industry practices. For machinery rental the margin is applied to both the ownership and repair and maintenance costs. For custom rates the margin is also applied to labour and fuel costs. It should be noted that this margin does not cover overhead costs or other costs associated with business endeavors, nor does it cover the costs of a catastrophic breakdown. 5

5 the recent volatility in fuel prices, the new diesel rate was based on a one year average (from January 1, 2015 to December 31, 2015). If the one year average was not used, the fuel prices in January, 2016 would result in a diesel fuel rate of $0.84/L. Although this value is valid for January, 2016, it is unlikely to be valid for the entire two year period for which this Guide will be used. prices for all equipment have been updated, with the exception of rates related to guidance equipment which appears in the footnotes for most powered equipment. On average, purchase prices increased by approximately 18 per cent compared to the Guide. This is partially due to the exchange rate between CAD and US currency. For the Guide, the exchange rate used was 1 US$ = 1.29 CAD$ (or 1 CAD$ = $0.777 US$). Again, a one year average (from January 2015 to January 2016) was used to estimate the exchange rate due to the volatility of the value of the Canadian dollar. The actual exchange rate in January, 2016 was 1 US$ = 1.43 CAD$ which is unlikely to be valid for the entire two year period for which this Guide will be used. In previous Guides, the investment cost was calculated based on a 10 year loan payback period. This payback period was changed to seven years in the Guide to better reflect current industry practices. The annual hours of use for high clearance sprayers was reduced from 400 hrs to 200 hrs to better reflect actual industry practices. As a result, the rental rate and custom rates for high clearance sprayers in the Guide are considerably higher than previous Guides. Equipment and size categories that were added to this version of the Guide due to rise in popularity and/or availability of purchase price information includes: o Two wheel drive tractors (50-59 hp) o Grain dryers ( bu/hr) o Grain auger PTO (16, various lengths) o Powered auger (10, various lengths) o Self-propelled forage harvesters ( hp) o Balers (small square, 16x18 ) o Bale processor (Six 6 ft round bales) o Vertical tillage tools (compact and heavy duty, various widths) o High clearance sprayer (1400 US gal, various boom lengths) o Snow blower (front mount, various widths) Equipment with different descriptions or size categories compared to the previous version of the Guide includes: o Belt grain conveyers o PTO sprayer ( US gal) o Cultivators (field, with tine harrows, various widths) o Harrows (heavy, various different widths) o Post pounders (various new configurations) Equipment that was removed as they are no longer available or the purchase price information was not available for this Guide includes: o Two wheel drive tractors (150+ hp ) o Powered auger (8, ft) o PTO sprayer ( US gal) wheel booms 7

6 Summary Summary Equipment or Type Rental (per hour) (per hour) Average * Equipment Tractors 2WD or Type Rental $18.76 to (per $47.67 hour) $56.73 to (per $ hour) Average * FWA $13.96 to $ $50.87 to $ Tractors 2WD $18.76 to $47.67 $56.73 to $ WD $ to $ $ to $ FWA $13.96 to $ $50.87 to $ Tracked $ to $ $ to $ WD $ to $ $ to $ Combine Conv Tracked or Rotary $ $ to $ $ $ $ to $ $ $35.76 per acre Combine Header $11.73 to $ Combine Conv or Rotary $ to $ $ to $ Swather $ to $ $ to $ $35.76 $10.95 per acre Combine Header $11.73 to $ Swath Roller $2.23 to $2.37 Swather $ to $ $ to $ $10.95 per acre Grain Bag Loader $26.96 to $87.39 $77.82 to $ Swath Roller $2.23 to $2.37 Grain Bag Extractor $50.21 to $97.50 $ to $ Grain Bag Loader $26.96 to $87.39 $77.82 to $ Grain Vac $63.09 to $98.69 $ to $ Grain Bag Extractor $50.21 to $97.50 $ to $ Grain Cart $13.45 to $54.30 $ to $ Grain Vac $63.09 to $98.69 $ to $ Grain Dryer $53.88 to $ Grain Cart $13.45 to $54.30 $ to $ Grain Auger PTO $4.12 to $51.99 $54.98 to $ Grain Dryer $53.88 to $ Grain Auger Powered $5.89 to $10.26 Grain Auger PTO $4.12 to $51.99 $54.98 to $ Grain Conveyor Belt $29.03 to $86.84 $79.90 to $ Grain Auger Powered $5.89 to $10.26 Grain Mower Conveyor Conditioner Belt Self Propelled $ $29.03 to $ $86.84 $ $79.90 to $ $ $21.91 per acre Mower Conditioner Pull Type $18.00 to $46.61 $68.86 to $ $12.98 per acre Mower Conditioner Self Propelled $ to $ $ to $ $21.91 per acre Hay Rakes $27.44 to $57.17 $78.31 to $ $6.94 per acre Mower Conditioner Pull Type $18.00 to $46.61 $68.86 to $ $12.98 per acre Forage Harvester Self Propelled $ to $ $ to $ Hay Rakes $27.44 to $57.17 $78.31 to $ $41.39 $6.94 per acre Forage Harvester Header Self Propelled $20.18 to $ Forage Harvester Self Propelled $ to $ $ to $ Forage Harvester Pull Type $ to $ $ to $ $41.39 per acre Forage Harvester Header Self Propelled $20.18 to $ $ per acre Forage Harvester Header Pull Type $14.77 to $51.19 Forage Harvester Pull Type $ to $ $ to $ Baler Small Square $23.98 to $33.59 $74.84 to $84.46 $ $0.46 per acre bale Forage Harvester Header Pull Type $14.77 to $51.19 Baler Large Square $ to $ $ to $ $6.26 per bale Baler Small Square $23.98 to $33.59 $74.84 to $84.46 $0.46 per bale Baler Round $29.12 to $62.25 $79.98 to $ $7.65 per bale Baler Large Square $ to $ $ to $ $6.26 per bale Bale mover Pull Type $28.59 to $86.00 $ to $ Baler Round $29.12 to $62.25 $79.98 to $ $7.65 per bale Bale mover Self Propelled $ $ Bale mover Pull Type $28.59 to $86.00 $ to $ Bale Air Drills mover Self Propelled $ $ to $ $ $ to $ $18.62 per acre Air Hoe Drills $ to $ $ to $ $16.97 per acre Air Drills $ to $ $ to $ $18.62 per acre Air Disc Drills $ to $ $ to $ $17.30 per acre Air Hoe Drills $ to $ $ to $ $16.97 per acre Air Seeders $ to $ $ to $ $18.57 per acre Air Disc Drills $ to $ $ to $ $17.30 per acre Row Crop Planters $ to $ $ to $ $23.77 per acre Air Seeders $ to $ $ to $ $18.57 per acre Row Cultivators Crop Planters Field, heavy duty $ $20.68 to $ $49.60 $ $ to $ $ $23.77 $9.10 per acre Disks Offset, tandem $48.39 to $99.56 $ to $ $20.38 per acre Cultivators Field, heavy duty $20.68 to $49.60 $ to $ $9.10 per acre Vertical Tillage Tools Compact, high speed $49.42 to $ $ to $ $11.34 per acre Disks Offset, tandem $48.39 to $99.56 $ to $ $20.38 per acre Vertical Tillage Tools Heavy duty $45.87 to $ $ to $ $12.10 per acre Vertical Tillage Tools Compact, high speed $49.42 to $ $ to $ $11.34 per acre Harrows Mid, Heavy $34.48 to $50.32 $ to $ $4.75 per acre Vertical Tillage Tools Heavy duty $45.87 to $ $ to $ $12.10 per acre Harrows Packers $7.97 to $13.24 $87.78 to $ $4.62 per acre Harrows Mid, Heavy $34.48 to $50.32 $ to $ $4.75 per acre Land Roller $14.41 to $88.83 $65.27 to $ $6.14 per acre Harrows Packers $7.97 to $13.24 $87.78 to $ $4.62 per acre Rock Windrower (rake) $16.72 to $30.11 $67.59 to $80.97 $12.30 per acre Land Roller $14.41 to $88.83 $65.27 to $ $6.14 per acre Rock Picker $35.01 to $43.57 $95.87 to $ Rock Windrower (rake) $16.72 to $30.11 $67.59 to $80.97 $12.30 per acre Land Scraper $49.61 to $ $ to $ Rock Picker $35.01 to $43.57 $95.87 to $ Land Sprayers Scraper High clearance $ $49.61 to $ $ $ $ to $ $ $5.03 per acre** Sprayers Sprayers PTO High clearance $82.10 $ to to $ $ $ $ to to $ $ $1.86 per acre** $5.03 per acre** Sprayers PTO $82.10 to $ $ to $ $1.86 per acre** **Hauling water to field for spraying $0.26 to $1.77 per acre Hauling grain from field to yard $0.25 per bushel for first 3 miles plus $0.02 per bushel for each additional mile **Hauling water to field for spraying $0.26 to $1.77 per acre Hauling bales $11.72 per bale (assuming a 6 mile haul, 12 bale PT bale mover) Hauling grain from field to yard $0.25 per bushel for first 3 miles plus $0.02 per bushel for each additional mile Hauling bales $11.72 per bale (assuming a 6 mile haul, 12 bale PT bale mover) * Exercise caution when using these average figures as they may not reflect actual situations. They * should Exercise be used caution as a when guideline using only. these Not average all equipment figures as listed they may in the not guide reflect is include actual in situations. the summary. They should be used as a guideline only. Not all equipment listed in the guide is include in the summary. 9

7 Litre / Hour Front Wheel Assist Tractors Maint. and R&M Rental Fuel Labour labour and fuel hp $60, hp $74, hp $90, hp $95, hp $124, hp $139, hp $180, hp $276, hp $296, hp $320, hp $361, hp $390, hp $452, hp $490, Annual hours of use: 450 Fuel type is diesel, with a 75% load assumption. To calculate fuel consumption with alternative load refer to Appendix H. Power rating represents PTO power. If tractor rating is given in net engine power, multiply by 0.88 to get PTO power. GPS is included, to take GPS out subtract $3.28/hr for guidance and autosteer equipment costs. Add an additional hourly fee of $3.00/hr if using prescription guidance. Litre / Hour Tracked Tractors Maint. and R&M Rental Fuel Labour labour and fuel hp $438, hp $551, hp $650, hp $728, hp $817, Annual hours of use: 450 Fuel type is diesel, with a 75% load assumption. To calculate fuel consumption with alternative load refer to Appendix H. Power rating represents engine power. GPS is included, to take GPS out subtract $3.28/hr for guidance and autosteer equipment costs. Add an additional hourly fee of $3.00/hr if using prescription guidance. 11

8 Litre / Hour Maint. Swathers and R&M Rental Fuel SP Swathers - Draper Header FT $222, FT $238, FT $282, FT $295, Labour labour and fuel Work (acre/hr) ($/acre) Annual hours of use: 200 Fuel type is diesel, with a 75% load assumption. To calculate fuel consumption with alternative load refer to Appendix H. Fuel efficiency is based on 126 hp (18-24' swather), 126 hp (25-29' swather), 190 hp (30-34' swather), and 226 hp (35'+ swather). Swath Rollers Maint. and R&M Rental 10 FT drawn $3, FT attached $3, Annual hours of use: 100 Calculation to determine the custom rate ($/acre) for a swather with a swath roller: ($/acre) = Swather + Roller Rental Work of swather (acre/hr) Example: For a 30 ft swather with a 10 ft attached roller: ($/acre) = $ $ ($/acre) = $11.07/acre Grain Bag Loader Maint. and R&M Rental Power Unit 9 FT Bagger $24, FT Bagger $44, hp 12 FT Bagger $77, hp Annual hours of use: 100 Power unit cost includes fuel, labour and margin. Additional labour to operate bagger should be added if required. Grain Bag Extractor Maint. and R&M Rental Power Unit 9 FT Unloader $44, FT Unloader $45, hp 12 FT Unloader $86, hp Annual hours of use: 100 Power unit cost includes fuel, labour and margin. Additional labour and equipment (e.g.: trucks) to operate extractor should be added if required. 13

9 Grain Auger (PTO) Grain Auger (PTO) Maint. Repair & Maint. and R&M and R&M Rental Rental Power Unit Power Unit 8" FT $5, " 2, bu/hr FT $5, ,700 bu/hr 8" FT $6, " 3, bu/hr FT $6, hp ,200 bu/hr 8" FT $8, " 3, bu/hr FT $8, hp ,200 bu/hr 8" FT $9, " 3, bu/hr FT $9, hp ,200 bu/hr 10" FT $8, " 5, bu/hr FT $8, hp ,400 bu/hr 75 hp 10" FT $10, " 5, bu/hr FT $10, hp ,400 bu/hr 75 hp 10" FT $13, " 5, bu/hr FT $13, hp ,400 bu/hr 75 hp 10" FT $14, " 5, bu/hr FT $14, hp ,400 bu/hr 75 hp 10" FT $18, " 5, bu/hr FT $18, hp ,400 bu/hr 75 hp 12" FT $21, " 8, bu/hr FT $21, hp ,400 bu/hr 75 hp 12" FT $23, " 8, bu/hr FT $23, hp ,400 bu/hr 12" FT $31, hp " 8, bu/hr FT $31, hp ,400 bu/hr 12" 100+ FT $38, hp " 8, bu/hr FT $38, hp ,400 bu/hr 75 hp 13" FT $27, " 9, bu/hr FT $27, hp ,700 bu/hr 100 hp 13" FT $30, " 9, bu/hr FT $30, hp ,700 bu/hr 100 hp 13" FT $34, " 9, bu/hr FT $34, hp ,700 bu/hr 100 hp 13" 100 FT $41, " 9, bu/hr FT $41, hp ,700 bu/hr 100 hp 16" FT $54, " 21, bu/hr FT $54, hp ,000 bu/hr 175 hp 16" FT $68, " 21, bu/hr FT $68, hp ,000 bu/hr 200 hp 16" FT $66, " 21, bu/hrft $66, hp ,000 bu/hr 225 hp 16" 120+ FT $74, ,000 16" 120+ bu/hr FT $74, hp Annual 21,000 hours bu/hr of use: Annual hours of use: 100 Power unit cost includes fuel, labour and margin. To obtain a total cost for auger, power unit, and fuel (but not labour), subtract $23 from the ($20/hr labour plus 15% margin). Power unit cost includes fuel, labour and margin. To obtain a total cost for auger, power unit, and fuel (but not labour), subtract $23 from the ($20/hr labour plus 15% margin). 15

10 Harvesting Hay Litre / Hour SP Mower/Conditioners Maint. and R&M Rental Fuel Labour labour and fuel Work (acre/hr) ($/acre) Disc Mower Conditioner FT $220, Disc Mower Conditioner 30 FT $538, Sickle Mower Conditioner FT $228, Annual hours of use: 150 Fuel type is diesel, with a 75% load assumption. To calculate fuel consumption with alternative load refer to Appendix H. Fuel efficiency is based on 226 hp (13-19' disc), 400 hp (30' disc), and 190 hp (14-18' sickle). PT Mower/Conditioners Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) Sickle 7-9 FT side pull $27, FT $52, hp FT $54, hp Disc 9-10 FT $43, hp FT $57, hp FT $68, hp Sickle annual hours of use: 150 Disc annual hours of use: 150 Hay Rakes (Wheel) Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) FT wheel $16, FT wheel $26, FT wheel $35, Annual hours of use: 50 17

11 Headers for PT Forage Harvester Maint. and R&M Rental Work (acre/hr) Rental ($/acre) Windrow Pickup, 70-79" width $7, Windrow Pickup, 80-96" width $13, Corn, 2 row $13, Corn, 3 row $26, Annual hours of use: 100 Balers Maint. and R&M Rental Power Unit Work (acre/hr) ($/bale) Large Round Balers 4x4 FT bales $32, x5 FT bales $44, hp 4x6 FT bales $62, hp 5x5 FT bales $48, hp 5x6 FT bales $68, hp Large Square Balers small $172, x31x98" 145 hp medium $200, x47x98" 145 hp large $238, x47x102" 180 hp Small Square Baler 14x18x52" bales $34, x18x52" bales $48, Large Round Balers annual hours of use: 100 Large Square Balers annual hours of use: 150 Small Square Balers annual hours of use: 100 of twine is not included in above rates. For the cost of twine add $0.27/bale for 4' diameter, $0.40/bale for 5' diameter and $0.76/bale for 6' diameter. Add $0.78/bale for large square and $0.05/bale for small square For the mesh wrap option, add $4900 to the capital cost. For the cost of mesh add $1.25/bale. 19

12 Seeding and Fertility Seeding and Fertility Air Drills with Independent Openers Air Drills with Independent Openers Maint. Repair & and R&M Rental Power Unit Work Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) (acre/hr) ($/acre) FT $242, FT $242, hp hp FT $313, FT $313, hp hp FT $431, FT $431, hp hp FT $482, FT $482, hp FT $625, FT $625, hp hp FT $652, FT $652, hp Annual hours of use: hp Includes Annual hours appropriately of use: 200 sized air tank Includes The power appropriately units for air sized drills air up tank to 45 FT are front wheel assist tractors. The power units for 46 ft to 86 FT air drills are four wheel drive tractors. Power The power unit units cost includes for air drills fuel, up labour to 45 and FT are margin front for wheel tractor. assist tractors. The power units for 46 ft to 86 FT air drills are four wheel drive tractors. Air drills, similar to air seeders, use a tillage tool bar, a towed commodity metering cart, pneumatic seed and fertilizer delivery systems, and soil-engagement tools for seed and/or fertilizer placement. However, unlike air Air seeders, drills, the similar toolbar air is seeders, supported use by a on-row tillage tool packer bar, gangs a towed at the commodity rear of the metering unit, and cart, castoring pneumatic wheels seed in and front fertilizer connected delivery through systems, a parallel and linkage. soil-engagement Depth control tools is for achieved seed and/or through fertilizer hydraulic placement. adjustment However, of frame unlike height air through seeders, this the linkage. toolbar is Typically supported air by drills on-row are equipped packer gangs with at a floating the rear hitch of the that unit, pivots and at castoring the toolbar wheels mainframe, front connected minimizing through tractor hitch a parallel weight, linkage. and maximizing Depth control downforce is achieved to the through soil-engagement hydraulic adjustment tools. Seed of opener frame height tools are through commonly this spoons, linkage. knives Typically discs air and drills paired-row are equipped tools, with but rarely a floating sweeps, hitch as that soil pivots disturbance at the toolbar is generally mainframe, targeted minimizing not to exceed tractor the hitch foot-print weight, of and the on-row maximizing packer downforce wheels. to the soil-engagement tools. Seed opener tools are commonly spoons, knives discs and paired-row tools, but rarely sweeps, as soil disturbance is generally targeted not to exceed the foot-print of the on-row packer wheels. An air drill with independent depth control openers utilizes a tool bar frame supported by wheels ahead of and behind the main frame a towed commodity metering cart, pneumatic seed and fertilizer delivery. Hydraulic, independently-controlled An air drill with independent shank depth assemblies control openers complete utilizes with gauge a tool wheel bar frame packers supported are fixed by to wheels the toolbar ahead frame. of and Seed/fertilizer behind the main placement frame a towed depth is commodity controlled metering through adjustment cart, pneumatic of the seed gauge and wheels, fertilizer and delivery. packing Hydraulic, pressure is independently-controlled regulated with hydraulic force.either shank assemblies hoe or complete disk openers with can gauge be mounted wheel packers to the are shank fixed assemblies, to the toolbar depending frame. on Seed/fertilizer the manufacturer placement of the depth implement. is controlled Independent through depth adjustment control of openers the gauge offer wheels, the advantage and packing of improved pressure is regulated ground-following with hydraulic capabilities, force.either and precision hoe or seed/fertilizer disk openers can placement be mounted depth to control. the shank assemblies, depending on the manufacturer of the implement. Independent depth control openers offer the advantage of improved ground-following capabilities, and precision seed/fertilizer placement depth control. Air Hoe Drills Air Hoe Drills Maint. Repair & and R&M Maint. and R&M Rental Rental Power Unit Power Unit Work Work (acre/hr) (acre/hr) ($/acre) ($/acre) FT $249, FT $249, hp FT $309, FT $309, hp hp FT $394, FT $394, hp FT $485, FT $485, hp hp 71+ FT $591, FT $591, > hp Annual hours of use: 200 >525 hp Includes Annual hours appropriately of use: 200 sized air tank. The Includes power appropriately units for all sized air hoe air drills tank. are four wheel drive tractors. The Power power unit units cost includes for all air fuel, hoe labour drills are and four margin wheel for drive tractor. tractors. Air Hoe Drills are air drills that use soil engagement tools that plow an opening into the soil for seed and/or fertilizer placement. There are several different types of tools on the market that fall into the Hoe drill category. Air The Hoe specific Drills type are of air tool drills used that depends use soil engagement on the shank tools or tool that holder plow used, an opening the amount into the of soil allowable for seed soil and/or disturbance fertilizer and placement. seed placement There are options. several different types of tools on the market that fall into the Hoe drill category. The specific type of tool used depends on the shank or tool holder used, the amount of allowable soil disturbance and seed placement options. 21

13 Liquid Fertilizer Applicator (Add-on) Maint. and R&M Rental Liquid Fertilizer Applicator (Add-on) Margin on Maint. and R&M Rental Margin on Maint. and R&M Rental FT $31, Maint and 2.01 R&M Rental ( gal. tank Machine and cart, Size less tillage tool) FT $31, ( gal. tank and cart, less tillage tool) FT $31,800 $39, ( ( gal. tank and cart, less tillage tool) FT $31,800 $39, ( ( gal. tank and cart, less tillage tool) FT $39,800 $72, ( (4300 gal. tank gal. and tank cart, and less cart, tillage less tillage tool) tool) FT $39,800 $72, Annual hours of use: 200 ( (4300 gal. tank gal. and tank cart, and less cart, tillage less tillage tool) tool) FT $72, Annual hours of use: 200 (4300 gal. tank and cart, less tillage tool) FT $72, Annual hours of use: 200 Granular Fertilizer Applicators (4300 gal. tank and cart, less tillage tool) Annual hours of use: 200 Granular Fertilizer Applicators Granular Maint. Fertilizer Applicators and R&M Rental Power Unit Work Granular Margin Fertilizer Applicators on (acre/hr) ($/acre) Maint. and R&M Rental Power Unit Work Margin on (acre/hr) ($/acre) Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) Granular Fertilizer Spreader (Add-on) $14, Maint and 1.44 R&M Rental Power Unit Work (Cultivator Mount Machine Up to 40 FT) Size Granular Fertilizer Spreader (Add-on) $14, (acre/hr) ($/acre) (Cultivator Mount Up to 40 FT) Granular Fertilizer Spreader (Add-on) $14,600 $16, (Cultivator Mount Up to FT) Granular Fertilizer Spreader (Add-on) $14,600 $16, (Cultivator Mount Up to FT) Granular Fertilizer Spreader (Add-on) cu ft $16,500 $39, (Cultivator (Trailer Mount Ft) Up to 80 FT) Granular Fertilizer Spreader (Add-on) cu ft $16,500 $39, hp (Cultivator (Trailer Mount Ft) Up to 80 FT) Granular Fertilizer Spreader cu ft $39,700 $62, hp (Trailer Ft) hp Granular Fertilizer Spreader cu ft $39,700 $62, Annual hours of use: 200 Work (Trailer Granular rates Fertilizer may require Ft) Spreader adjustment for high cu fertilizer ft rates. Refer $62,300 to calculation worksheet 9.35 in Appendix I 80 hp Annual Power unit hours cost of includes use: 200fuel, labour and margin for tractor. Work (Trailer Ft) 80 hp Granular rates Fertilizer may require Spreader adjustment for high cu fertilizer ft rates. Refer $62,300 to calculation worksheet 9.35 in Appendix I Annual Power unit hours cost of includes use: 200fuel, labour and margin for tractor. Work (Trailer rates may require Ft) adjustment for high fertilizer rates. Refer to calculation worksheet in Appendix I 80 hp Annual Power unit hours cost of includes use: 200fuel, labour and margin for tractor. Other Row Crop Planters Work rates may require adjustment for high fertilizer rates. Refer to calculation worksheet in Appendix I Other Row Crop Margin Planters on Other Row Crop Margin Planters on Maint. and R&M Rental Power Unit Work Other Row Crop Margin Planters on (acre/hr) ($/acre) Maint. and R&M Rental Power Unit Work Margin on (acre/hr) ($/acre) Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) 12 row planter $121, Maint and R&M Rental Power Unit Work row planter $121, hp (acre/hr) 14.6 ($/acre) row planter $121,000 $165, row planter $121,000 $165, hp row planter $165,500 $302, hp row planter $165,500 $302, hp /24 row split planter row planter $302,400 $187, hp /24 row split planter row planter $302,400 $187, hp /24 16/32 split row planter $187,800 $236, hp /24 16/32 split row planter $187,800 $236, Annual hours of use: 100 Work /32 rates split may row require planter adjustment for heavy straw conditions or $236,200 high fertilizer rates Refer to calculation worksheet in Appendix I Annual Power unit hours cost of includes use: 100fuel, labour and margin for tractor. Work 2 16/32 rates split may row require planter adjustment for heavy straw conditions or $236,200 high fertilizer rates Refer to calculation worksheet in Appendix I Annual Power unit hours cost of includes use: 100fuel, labour and margin for tractor. Work rates may require adjustment for heavy straw conditions or high fertilizer rates. Refer to calculation worksheet in Appendix I 2 Annual Power unit hours cost of includes use: 100fuel, labour and margin for tractor. Work rates may require adjustment for heavy straw conditions or high fertilizer rates. Refer to calculation worksheet in Appendix I 23

14 Vertical Tillage Tools Maint. and R&M Compact, high speed disk FT $50, Rental Power Unit Work (acre/hr) ($/acre) FT $81, hp FT $87, hp FT $101, FT $118, hp FT $159, FT $174, hp FT $182, hp Heavy duty, compact high speed disk FT $46, FT $108, hp FT $135, hp FT $147, FT $167, hp FT $192, Compact annual hours of use: 100 Heavy duty annual hours of use:

15 Rock Windrower (Rake) Maint. and R&M Rental Power Unit Work (acre/hr) ($/acre) 8-9 FT $12, FT $21, Annual hours of use: 50 Rock Pickers Maint. and R&M Rental Power Unit CU. yard $29, hp CU. yard $36, hp Annual hours of use: 50 Land Scraper Maint. and R&M Rental Power Unit CU. yard $29, hp CU. yard $54, hp CU. yard $78, hp CU. yard $92, hp CU. yard $116, hp Annual hours of use: 80 The power units for land scrapers up to 12.9 CU. yard are front wheel assist tractors. The power unit for the 15.0 CU. yard machine size and greater is a four wheel drive tractor. 27

16 Miscellaneous Snow Blower Maint. and R&M Rental Power Unit Rear mount, 60-69" $3, Rear mount, 70-79" $6, Rear mount, 80-89" $10, hp Rear mount, 90+" $13, hp Front mount, 60-69" $7, Front mount, 70-79" $9, Front mount, 80-96" $10, hp Front mount, 97+" $20, hp Annual hours of use: 50 Front End Loader Maint. and R&M Rental Power Unit For hp tractor $7, hp For hp tractor $10, hp For hp tractor $15, hp For hp tractor $16, hp For 200+ hp tractor $24, hp Annual hours of use:

17 Grinder Mixers, Feed Mixers, and Bale Processors Maint. and R&M Rental Power Unit Grinder Mixers CU. FT $38, hp CU. FT $58, hp Feed Mixers Two 6 FT Bale, 40 bu grain $41, hp Bale Processors Two 6 FT Round Bale $31, hp Six 6 FT Round Bale $43, hp Annual hours of use: 200 Manure Spreader (Solid) Maint. and R&M Rental Power Unit CU. FT level $20, chain unload 60 hp CU. FT level $27, chain unload 80 hp CU. FT level $34, chain unload 90 hp CU. FT level $34, chain unload 120 hp CU. FT level $57, chain unload 125 hp CU. FT level $63, chain unload CU. FT level $50, side discharge 110 hp CU. FT level $53, side discharge 140 hp CU. FT level $76, side discharge 180 hp 500+ CU. FT level $80, side discharge 200 hp CU. FT, hydraulic push, vertical $60, beaters 120 hp CU. FT, hydraulic push, vertical $75, beaters 1 Annual hours of use:

18 Appendix A B. Hauling Large Bales from Field to Yard The following cost calculation of hauling large round bales from the field to the yard includes the cost of a large round bale mover, tractor, and labour. The large round bale mover can pick up large round bales in the field, transport them to the yard, and unload them automatically. Assume: a. 12 bale PT large round bale mover custom rate: $ /hour b. 120 horsepower tractor (included in custom rate for bale mover) c. Two mile haul takes 30 minutes (4 miles round trip) 24 bales/hour d. Six mile haul takes 60 minutes (12 mile round trip) 12 bales/hour per bale - two mile haul $ = $ per bale - six mile haul $ = $ Assume: a. 18 bale PT large round bale mover custom rate: $ /hour b. 180 horsepower tractor (included in custom rate for bales) c. Two mile haul takes 40 minutes (4 miles round trip) 27 bales/hour d. Six mile haul takes 70 minutes (12 mile round trip) 15 bales/hour per bale - two mile haul $ = $ per bale - six mile haul $ = $

19 Appendix A A D. Rental of Farm Buildings and Bins B. Hauling Large Bales from Field to Yard To determine the fair rental rate for farm buildings, consider: The following cost calculation of hauling large round bales from Your the Valuefield to the yard includes the cost of a large round bale mover, tractor, and labour. The large round bale mover can pick up large round bales in the field, transport them to the yard, and unload them automatically. Replacement cost of building Retained value of building (at end of years of service) Interest rate (opportunity cost not included) Repair rate (% of replacement cost)* Annual insurance premium Optimal life B. Interest : (Replacement cost) x (1.98 (Interest ) ) / Years of Loan = This assumes 50% borrowed and 7 year loan C. Insurance: Annual insurance premiums = D. Repairs: Annual repair rate x Replacement cost = Example $20,000 $8, % 0.50% $60 30 Assume: a. 12 bale PT large round bale mover custom rate: $ /hour b. Calculate: 120 horsepower tractor (included in custom rate for bale mover) c. A. Two Depreciation: mile haul takes 30 minutes (4 miles round trip) 24 bales/hour (Replacement cost - Retained Value) / Optimal Life = d. Six mile haul takes 60 minutes (12 mile round trip) 12 bales/hour per bale - two mile haul $ = $ per bale - six mile haul $ = $ Assume: Total = A + B + C + D a. 18 bale PT large round bale mover custom rate: $ /hour b. 180 horsepower tractor (included in custom rate for bales) c. Two mile haul takes 40 minutes (4 miles round trip) 27 bales/hour Example A. Depreciation: ($20,000 - $8,000) / 30 = $400 B. Interest : ($20,000 x (1.98 (0.055) )) / 10 = $207 C. Insurance: $60 = $60 D. Repairs: $20,000 x = $ $767 per year (divide by number of bushels to get $/year per bu) Repair rates are difficult to estimate. Steel buildings (bins and quonsets) might be 0.5% of replacement cost per year. Aeration fans might be higher. Wood buildings might be 1 to 3% of the replacement cost. d. Six mile haul takes 70 minutes (12 mile round trip) 15 bales/hour per bale - two mile haul $ = $6.59 per bale - six mile haul $ = $ For bins with aeration or natural air drying, include the purchase cost of the fan and air distribution system in the replacement cost value. Add $0.52/hr for a 7 hp fan, $0.37/hr for a 5 hp fan and $0.22/hr for a 3 hp fan for electricity costs. 35

20 Appendix C odels) Manufacturer Model John Deere S550 CASE IH 5088 CNH CX8070 CNH CR6090 John Deere S660 CASE IH 6088 Gleaner S67 Gleaner A66 Claas Lexion 730 MF 9520 CNH CX8080 CNH CR7090 John Deere T670 John Deere S670 CASE IH 7088 CASE IH 7120 Gleaner S77 Gleaner A76 Claas Lexion 670 Class Lexion 740 MF 9540 CNH CX8090 CNH CR8090 John Deere S680 CASE IH 8120 Gleaner A86 Claas Lexion 680 Claas Lexion 750 MF 9560 CNH CR9090 John Deere S690 CASE IH 9120 Claas Lexion 760 Claas Lexion 770 Formulas Used in Calculations A) costs per hour are the sum of (i) Depreciatio i) Depreciation represents the value of equipment Where: DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD CCCCDDDDCCCCDDDD $ PPPPPPPPDDDDDDDDhDDDDDDDDDDDD PPPPDDDDDDDDDDDDDDDD hdddd = OOOODDDDDDDDDDDDOOOO price = average purchase price of manu available options ($) Retained value = value of equipment at end of o Optimal Life = number of years before trade-in o Annual hours of use = typical number of hours eq For example, for a conventional combine with a purc $100,000 at the end of its 15 year optimal life, and 2 DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD CCCCDDDDCCCCDDDD $ hdddd = 300,000 ii) Investment represents the interest cost of borrow the opportunity cost of the down payment. It is assumed that 50 per cent of the purchase price i months). The interest is compounded monthly, so ea In the printed and online guide, amortization tables the seven year loan. This total interest cost was divid Appendix F) to determine an interest cost per hour. To allow calculation of the investment cost by hand, amortization tables, to calculate the total investmen equipment (which has a unique purchase price, optim IIIIDDDDIIIIDDDDDDDDDDDDOOOOOOOOOOOOOOOO CCCCDDDDCCCCDDDD $ hdddd = PPPPPPPPDDDDDDDDhDDDDDDDDDDDD PPPPDDDDDDDDDDDDDDDD