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| Amortization
Cost for Dakota Lakes Research Farm |
- Semi-tractor $7,000
- Grain trailer $15,300
- Bins with dryers $20,000
- Grain Cart $7,700
- Total $50,000
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| Overhead costs
include semi-tractor, grain trailer, grain cart, grain bins and Operation and Maintenance
(O&M) cost of this equipment. Semi-tractor, trailer, and grain cart costs are
amortized over 10 years and 10% interest. The cost of the grain bins and drying facilities
are amortized over 20 years and 10% interest. The yearly amortized cost is then divided by
the potential number of acres that could be farmed in a given rotation. |
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| Semi-tractor,
grain trailer, grain cart = $30,000 O&M = $3,000. |
- Amortization Factor for 10 years @ 10%
interest is .163.
- Yearly amount = $7,890
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| Grain bins and
drying facilities = $20,000 O&M = $2,141. |
- Amortization Factor for 20 years @ 10%
interest is .117.
- Yearly amount = $4,481
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| Total Annual
Amortized Cost for the above equipment = $12,371 |
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Prices used for income (1993-1997) calculations are as follows: |
- Corn - $2/bu
- Winter Whear - $3/bu
- Spring Wheat - $3.20/bu
- Flax - $4.20/bu
- Soybeans $5/bu
- Field Peas $.50/bu
- Sunflower $9/cwt
- Popcorn $.12/lb
- Chickpea $.12/lb
- Lentils $.14/lb
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| Government Farm
Program Benefits Were NOT Included As Income. |
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Back to Rotation Information |
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| Rotation Information |
Performance of Dryland Rotations |
| Rotation Systems
for Winter Wheat | 1993-1997 Rotation
Impact | 1997
Dryland Rotations | |
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