Crop Cost of Production Worksheet: Version 1.

7 April 1, 2016

Note: while input prices are for 2015, the commodity price, which is used to generate the gross receipts, is typically the averag
of the current year harvest price and a 3-year rolling average for the crop marketing years preceding 2015.

The purpose of this spreadsheet is to allow the user to access the crop costs and returns (CAR) estimates--or enterprise
budgets--available from the University of Idaho and to modify these estimates to fit the user's situation. The crop costs and
returns estimates published by the University of Idaho are representative for that crop and area. They are not the average cos
production for a crop and area. More information is available on the background and assumption page provided with the
published budgets. These are available on the Internet at http://www.uidaho.edu/cals/idaho-agbiz/crop-enterprise-budgets Th
crops costs and returns are developed for different geographic regions of the state. This spreadsheet contains the irrigated cr
costs and returns estimates for eastern Idaho.

Each crop costs and returns estimate or enterprise budget is contained in a separate sheet. There is also a blank sheet that w
allow the user to create an enterprise budget from scratch. Data entry is made in the white cells. Existing data in these cells c
be modified or deleted. In general, the light green cells contain formulas and the light blue cells are labels or borders. Each
budget sheet is protected and the shaded (colored) cells are locked so that the user can not unintentionally over write a formul
In order to add or delete a row or to change labels in the colored cells, the sheet must be unprotected using Tools - Protection
(Protect Sheet - Unprotect Sheet) option.

There are limitations to what this program can do. It is not designed to provide the detailed calculations associated with a full
scale budget generator, such as that used to create the University of Idaho's enterprise budgets. The limitations are mainly in
calculating machinery operating costs and calculating ownership costs for machinery and equipment.

Repairs and fuel expenses are often tracked only on a whole farm. The values found on a 1040 Schedule F can be allocated
equally per acre, or a simple weighting scheme can be used. For example a crop like potatoes should get a bigger percentage
the per acre fuel and repair costs than wheat.

The sheets Mach_Input and Mach_Output can be used to calculate ownership costs for machinery and equipment, including
annual charges for depreciation, interest and insurance. This can be done for an individual piece of equipment or for all
equipment used in that enterprise. The "utilization" factor can be adjusted for each crop. If all the equipment on the farm is
entered in Mach_Input, simply change the utilization factor to get the appropriate enterprise specific values for depreciation,
interest and insurance. The machinery information is entered in Mach_Input. Information needed includes: the name of the ite
market value, purchase price, savage value, years of useful life, remaining life in years, insurance rate, interest rate and the
percent utilization factor. Calculated values are found in Mach_Output. These values can then be calculated on a per acre ba
by entering the number of acres in cell C35. These values can then be entered in the appropriate enterprise.

There are two issues that users should be aware of regarding crops with multiple products, i.e. a barley crop where both the
straw and the grain are harvested, or when a nurse crop is planted when a perennial crop is established. When multiple produ
are produced and listed in a budget, the breakeven values per unit of production (i.e. bushel, ton, etc.) will not work properly.
There is a similar problem with the sensitivity analysis on the second page of the sheet. The enterprise budget sheets and the
blank sheet are set up to list only one product. If a second product is added, the breakeven analysis will no longer be valid. Th
exception to this is the worksheet for seed potatos that was specicially designed for a crop with two products.

The abbreviated labels on the sheet tabs are similar to the publication number assigned to the published enterprise budgets. T
first two or three letters indicate the area of the state. These include: NI for Northern Idaho, WI for Western Idaho (Treasure
Valley), SCI for Southcentral Idaho (Magic Valley), and EI for Eastern Idaho (Upper and Lower Snake River Valleys). The
second series of letters is an abbreviation for the crop name. In general, the first two letters of the crop are used, i.e. Po for
potato, or the first letter of each word when the crop name has two words, i.e. MB for malting barley. The last two numbers
indicate the year these costs were collected, i.e. 15 for 2015. Crop budgets are revised and published on a biennial basis in o
numbered years.

Questions, comments and suggestions about this spreadsheet should be sent to:
Ben Eborn
(208) 847-0344, or emailed to [email protected]

Instructions University of Idaho

 2015 Eastern Idaho Irrigated Crop Costs and Returns
Publication No. Crop Authors

EBB4-Po1- Irrigated Russet Burbank Commercial Potatoes: No Storage (Bannock, Dicontinued

Bingham and Power Counties)
EBB4-Po2-15 Paul E. Patterson

Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage

for Eastern Idaho Northern Region: Bonneville and Madison Counties
EBB4-Po4-15 Irrigated Russet Burbank G3 Seed Potatoes With On-Farm Storage for Paul E. Patterson
Eastern Idaho: Caribou, Femont and Teton Counties
EBB4-Po5-15 Paul E. Patterson
Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage
for Eastern Idaho Southern Region: Bannock, Bingham and Power
Counties
EBB4-Po6-15 Irrigated Russet Burbank Commercial Potatoes with Fumigation & On- Paul E. Patterson
Farm Storage for Eastern Idaho Southern Region: Bannock, Bingham
and Power Countie
EBB4-Su-15 Irrigated Roundup Ready Sugarbeets: Bingham & Power Counties Paul E. Patterson

EBB4-FB-15 Irrigated Spring Feed Barley Paul E. Patterson and Juliet M. Marshall
EBB4-MB-15 Irrigated Malting Barley Paul E. Patterson and Juliet M. Marshall
EBB4-HRS-15 Irrigated Hard Red Spring Wheat Paul E. Patterson and Juliet M. Marshall
EBB4-SWS-15 Irrigated Soft White Spring Wheat Paul E. Patterson and Juliet M. Marshall
EBB4-SWW-15 Irrigated Soft White Winter Wheat Paul E. Patterson and Juliet M. Marshall
EBB4-AH-15 Irrigated Alfalfa Hay Paul E. Patterson
EBB4-AE-15 Irrigated Alfalfa Hay Establishment in Grain Stubble Paul E. Patterson

Paul Patterson. Retired University of Idaho Extension Agricultural Economist [email protected]

Juliet M. Marshall Extension Specialist and Cereal Pathologist, University of Idaho [email protected]
Machinery and Equipment Values for Lease Agreements and Enterprise Budgets

Market Purchase Salvage Useful Remaining Insurance Interest %

Item Value Price Value Life Life Rate Rate Utilization
Tractor $70,000 $90,000 $15,000 15 10 0.1% 7.0% 40.0%
Disk $18,000 $23,000 $3,000 12 8 0.1% 7.0% 30.0%
Plow 1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
CalculatedMachinery and Equipment Values for Lease Agreements and Enterprise Budgets.
Scroll to bottom of table to see totals
Market Cost Annual Cost or Annual
Value Value SL Depreciated Average Insurance Interest Depreciaton
Item Utilization Utilization Depreciation Value Investment Utilization Utilization Utilization
Tractor $28,000 $26,000 $5,000 $65,000 $52,500 $21 $1,470 $2,000
Disk $5,400 $4,900 $1,667 $16,333 $13,000 $4 $273 $500
Plow $0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0 $0 $0

Total $33,400 $30,900 $6,667 $81,333 $65,500 $25 $1,743 $2,500

Acres: 100 $0.25 $17.43 $25.00

 Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
$0.00
Operating Inputs
Seed: $0.00
$0.00
$0.00

Fertilizer: $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Pesticides: $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Custom & Consultants: $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Irrigation: $0.00
$0.00
$0.00
$0.00
Machinery: $0.00
$0.00
$0.00
$0.00
$0.00
Labor: $0.00
$0.00
$0.00
$0.00
Storage: $0.00
$0.00
$0.00
Other: $0.00
$0.00
$0.00
$0.00
Operating Interest
Total Operating Costs $0.00
Operating Costs per Unit #DIV/0!
Net Returns Above Operating Expenses $0.00

Blank University of Idaho

 Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:

Total Ownership Costs $0.00

Ownership Costs per Unit #DIV/0!

Total Costs per Acre $0.00

Total Cost per Unit #DIV/0!

Returns to Risk $0.00

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 0 0 0
Operating Cost Breakeven #DIV/0! #DIV/0! #DIV/0!
Ownership Cost Breakeven #DIV/0! #DIV/0! #DIV/0!
Total Cost Breakeven #DIV/0! #DIV/0! #DIV/0!

Price
Yield $0.00 $0.00 $0.00
Operating Cost Breakeven #DIV/0! #DIV/0! #DIV/0!
Ownership Cost Breakeven #DIV/0! #DIV/0! #DIV/0!
Total Cost Breakeven #DIV/0! #DIV/0! #DIV/0!

Date:
User's Name:
Address:

Blank University of Idaho

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage
for Eastern Idaho Northern Region: Bonneville and Madison Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Potatoes 360 cwt $7.00 $2,520.00
Operating Inputs
Seed: $279.30
G-3 Russet Burbank Seed N 21 cwt $11.60 $243.60
Potato Seed Cutting 21 cwt $1.70 $35.70

Fertilizer: $390.90
Dry Nitrogen - Pre-plant 145 lb $0.55 $79.75
Dry P2O5 155 lb $0.53 $82.15
K2O 180 lb $0.44 $79.20
Sulfur 100 lb $0.27 $27.00
Liquid Nitrogen 80 lb $0.73 $58.40
Liquid P2O5 45 lb $0.72 $32.40
Micronutrients/Humic Acid-CP 1 acre $32.00 $32.00
Pesticides: $238.73
Potato Seed Treatment 21.0 cwt $0.50 $10.50
Admire Pro 8.0 fl oz $1.50 $12.00
Regent 4SC 3.2 fl oz $8.00 $25.60
Metribuzin 75DF 0.75 lb $14.65 $10.99
Outlook 6EC 18.0 fl oz $1.02 $18.36
Prowl 3.3EC 2.0 pint $4.90 $9.80
Quadris Flowable 8.0 fl oz $2.30 $18.40
Bravo Zn 2.5 pint $4.55 $11.38
Endura 5.5 oz $4.70 $25.85
Brigadier 6.0 fl oz $1.35 $8.10
Dithane F45 Rainshield 1.6 qt $8.65 $13.84
Fulfill WDF 5.5 oz $6.25 $34.38
Revus Top 7.0 fl oz $2.42 $16.94
Reglone 2.0 pint $11.30 $22.60
Custom & Consultants: $67.25
Custom Fertilize: 400-800 lbs 1 acre $7.75 $7.75
Custom Fertilize: 0-400 lbs 1 acre $7.25 $7.25
Consultants/Soil Testing - CP 1 acre $26.00 $26.00
Custom Air Spray - 5.0 gal. rate 3 acre $8.75 $26.25
$0.00
Irrigation: $67.68
Irrigation Power - Center Pivot* 23 ac-in $1.90 $43.70
Irrigation Water Assessment-N 1 acre $12.25 $12.25
Irrigation Repairs - CP* 23 ac-in $0.51 $11.73
Machinery: $126.62
Fuel-Gas 4.51 gal $2.50 $11.27
Fuel-Diesel 21.3 gal $2.35 $50.06
Fuel-Road Diesel 1.91 gal $2.85 $5.44
Lube 1 acre $10.10 $10.10
Machinery Repair 1 acre $49.75 $49.75
Labor: $156.59
Equipment Operator Labor 4.03 hrs $18.50 $74.56
Truck Driver Labor 1.86 hrs $14.40 $26.78
Irrigation Labor: CP 0.92 hrs $18.50 $17.02
Irrigation Labor: Chem.-Fert. 0.76 hrs $18.50 $14.06
General Farm Labor 2.27 hrs $10.65 $24.18
Sorting: $50.98
Sorting Labor Costs 360 cwt $0.108 $38.74
Sorting Equip. Repairs & Power 360 cwt $0.034 $12.24
Other: $131.56
Crop Insurance 1 acre $70.00 $70.00
Potato Fees & Assessments 342 cwt $0.18 $61.56
$0.00
Operating Interest: @ 5.75% $44.15
Total Operating Costs $1,553.76
Operating Costs per Unit $4.32
Net Returns Above Operating Expenses $966.24

EI-Po2-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage
for Eastern Idaho Northern Region: Bonneville and Madison Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Potato Handling Equipment: Deprec. & Interest $52.00
Tractors & Equipment Insurance $5.08
Tractors & Equipment Depreciation & Interest $170.00
Irrigation Equipment Depreciation & Interest
Land Rent** $440.00
General Overhead $39.00
Management Fee $112.00

Total Ownership Costs $818.08

Ownership Costs per Unit $2.27

Total Costs per Acre $2,371.84

Total Cost per Unit $6.59

Returns to Risk $148.16

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 324 360 396
Operating Cost Breakeven $4.80 $4.32 $3.92
Ownership Cost Breakeven $2.52 $2.27 $2.07
Total Cost Breakeven $7.32 $6.59 $5.99

Price
Yield $6.30 $7.00 $7.70
Operating Cost Breakeven 246.6 222.0 201.8
Ownership Cost Breakeven 129.9 116.9 106.2
Total Cost Breakeven 376.5 338.8 308.0

Field-Run
Storage Costs: Yield Paid-Yield

Field-Run Yield 360

Paid-Yield % 95%
Paid-Yield 342

Base Cost of Production: $6.59 $6.94

Storage System Ownership Costs $0.509 $0.54

Storage System Repairs $0.038 $0.04

Base + Storage Own. & Repairs $7.14 $7.51

Cumulative
Storage Base + All Base + All
Operating Storage Storage
Costs Costs Costs

October $0.202 $7.34 $7.71

November $0.369 $7.50 $7.88
December $0.453 $7.59 $7.96
January $0.536 $7.67 $8.05
February $0.619 $7.75 $8.13
March $0.702 $7.84 $8.21
April $0.885 $8.02 $8.40
May $0.988 $8.12 $8.50
June $1.106 $8.24 $8.62

EI-Po2-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank G3 Seed Potatoes With On-Farm Storage for Final
Eastern Idaho: Caribou, Fremont and Teton Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Seed Potatoes: G3 275 cwt $10.50 $2,887.50
Seed Tops 25 cwt $5.25 $131.25
Total 300 cwt $3,018.75
Operating Inputs
Seed: $358.80
G-2 Russet Burbank Seed 26 cwt $12.10 $314.60
Potato Seed Cutting 26 cwt $1.70 $44.20

Fertilizer: $322.15
Dry Nitrogen - Pre-plant 145 lb $0.55 $79.75
Dry P2O5 150 lb $0.53 $79.50
K2O 145 lb $0.44 $63.80
Sulfur 70 lb $0.27 $18.90
Liquid Nitrogen 60 lb $0.73 $43.80
Liquid P2O5 20 lb $0.72 $14.40
Micronutrients/Humic Acid-SP 1 acre $22.00 $22.00
Pesticides: $180.47
Eptam 7E 4.0 pint $6.25 $25.00
Potato Seed Treatment 26.0 cwt $0.50 $13.00
Admire Pro 8.0 fl oz $1.50 $12.00
Tri-Cor 75DF 0.75 lb $15.00 $11.25
Prowl 3.3EC 2.0 pint $4.90 $9.80
Quadris Flowable 8.0 fl oz $2.30 $18.40
Dithane F45 Rainshield 3.2 qt $8.70 $27.84
Dimethoate 4EC 1.0 pint $5.95 $5.95
Omega 500DF 8.0 fl oz $3.40 $27.20
Brigadier 5.5 fl oz $1.35 $7.43
Reglone 2.0 pint $11.30 $22.60
Custom & Consultants: $97.75
Custom Fertilize: 400 - 800 lbs 1 acre $7.75 $7.75
Consultants/Soil Testing - SP 1 acre $22.00 $22.00
Custom Air Spray - 5.0 gal. rate 4 acre $8.75 $35.00
Rogueing 2 acre $16.50 $33.00
$0.00
Irrigation: $50.81
Irrigation Water Assessment-N 1 acre $12.25 $12.25
Irrigation Repairs - CP 16 ac-in $0.51 $8.16
Irrigation Power - Center Pivot* 16 ac-in $1.90 $30.40
Machinery: $150.53
Fuel-Gas 5.87 gal $2.50 $14.68
Fuel-Diesel 22.55 gal $2.35 $52.99
Fuel-Road Diesel 1.36 gal $2.85 $3.88
Lube 1 acre $10.73 $10.73
Machinery Repair 1 acre $68.26 $68.26
Labor: $181.29
Equipment Operator Labor 5.27 hrs $18.50 $97.49
Truck Driver Labor 1.60 hrs $14.40 $23.04
Irrigation Labor: CP 0.64 hrs $18.50 $11.84
Irrigation Labor: Chem.-Fert. 0.52 hrs $18.50 $9.62
General Farm Labor 3.69 hrs $10.65 $39.30
Sorting: $95.20
Harvest Sorting Labor - Seed 300.00 cwt $0.154 $46.20
Sorting Equip. Repairs & Power 300.00 cwt $0.068 $20.40
Post-Harvest Sorting Labor 275.00 cwt $0.104 $28.60

Storage: $269.50
Seed Potato Storage Op. Costs 275 cwt $0.94 $258.50
Seed Potato Stor. Syst. Repair 275 cwt $0.04 $11.00

EI-Po4-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank G3 Seed Potatoes With On-Farm Storage for Final
Eastern Idaho: Caribou, Fremont and Teton Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre

Other: $182.60
Crop Insurance 1 acre $65.00 $65.00
Seed Tagging Fee 1 acre $40.00 $40.00
Seed Potato Certification Fees 1 acre $32.00 $32.00
Potato Fees & Assessments 285 cwt $0.16 $45.60
$0.00
Operating Interest: @ 5.75% $39.63
Total Operating Costs $1,928.73
Operating Costs per Cwt Based on Total Yield $6.43
Operating Costs per Cwt Based on Seed Only & Adjusted Operating Costs* $6.66
Net Returns Above Operating Expenses $1,090.02
Ownership Costs:
Potato Sorting Equip. Depreciation & Interest $57.00
Potato Storage System Depreciation & Interest $95.00
Tractors & Equipment Insurance $6.03
Tractors & Equipment Depreciation & Interest $204.00
Irrigation Equipment Depreciation & Interest
Land Rent** $390.00
General Overhead $50.00
Management Fee $135.00
Total Ownership Costs $937.03
Ownership Costs per Cwt Based on Total Yield $3.12
Ownership Costs/Cwt Based on Seed Only & Adjusted Ownership Costs* $3.29

Total Costs per Acre $2,865.76

Total Cost per Cwt Based on Total Yield $9.55
Total Cost per Cwt Base on Seed Only and Adjusted Total Costs* $9.94

Returns to Risk $152.99

Notes
* Costs are adjusted by subtracting revenue received from tops before dividing by seed yield.
* Revenue from tops is apportioned as follows: 75% operating and 25% ownership
** Includes irrigation system ownership costs.

Seed Only

Breakeven Analysis: - Base +

10% 10%
Yield
Price 247.5 275 302.5
Operating Cost Breakeven $7.40 $6.66 $6.05
Ownership Cost Breakeven $3.65 $3.29 $2.99
Total Cost Breakeven $11.05 $9.94 $9.04

Price
Yield $9.45 $10.50 $11.55
Operating Cost Breakeven 193.7 174.3 158.5
Ownership Cost Breakeven 95.7 86.1 78.3
Total Cost Breakeven 289.4 260.4 236.8

EI-Po4-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage Final
for Eastern Idaho: Bannock, Bingham and Power Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Potatoes 385 cwt $7.25 $2,791.25
Operating Inputs
Seed: $289.80
G-3 Russet Burbank Seed N 21 cwt $12.10 $254.10
Potato Seed Cutting 21 cwt $1.70 $35.70

Fertilizer: $414.00
Dry Nitrogen - Pre-plant 135 lb $0.55 $74.25
Dry P2O5 160 lb $0.53 $84.80
K2O 195 lb $0.44 $85.80
Sulfur 85 lb $0.27 $22.95
Liquid Nitrogen 100 lb $0.73 $73.00
Liquid P2O5 60 lb $0.72 $43.20
Micronutrients/Humic Acid-CP 1 acre $30.00 $30.00
Pesticides: $267.30
Potato Seed Treatment 21.0 cwt $0.50 $10.50
Moncut 70DF 1.0 lb $33.45 $33.45
Admire Pro 8.0 fl oz $1.50 $12.00
Metribuzin 75DF 0.67 lb $14.65 $9.82
Eptam 7E 3.5 pint $6.25 $21.88
Prowl 3.3EC 2.0 pint $4.90 $9.80
Quadris Flowable 8.0 fl oz $2.30 $18.40
Omega 500DF 5.5 fl oz $3.40 $18.70
Bravo WeatherStik 2.0 pint $4.65 $9.30
Agri-Mek 0.75SC 7.0 fl oz $2.60 $18.20
Endura 5.5 oz $4.70 $25.85
Dithane F45 Rainshield 3.2 qt $8.65 $27.68
Ranman 2.8 fl oz $4.70 $12.93
Brigadier 12.0
### fl oz $1.35 $16.20
Reglone 2.0 pint $11.30 $22.60
Custom & Consultants: $76.00
Custom Fertilize: 400-800 lbs 1 acre $7.75 $7.75
Custom Fertilize: 0-400 lbs 1 acre $7.25 $7.25
Consultants/Soil Testing - CP 1 acre $26.00 $26.00
Custom Air Spray - 5.0 gal. rate 4 acre $8.75 $35.00
$0.00
Irrigation: $95.25
Irrigation Power - Center Pivot* 25 ac-in $1.90 $47.50
Irrigation Water Assessment-N 1 acre $35.00 $35.00
Irrigation Repairs - CP* 25 ac-in $0.51 $12.75
Machinery: $126.65
Fuel-Gas 4.52 gal $2.50 $11.30
Fuel-Diesel 20.47 gal $2.35 $48.10
Fuel-Road Diesel 1.92 gal $2.85 $5.47
Lube 1 acre $9.73 $9.73
Machinery Repair 1 acre $52.04 $52.04
Labor: $155.72
Equipment Operator Labor 3.88 hrs $18.50 $71.78
Truck Driver Labor 1.86 hrs $14.40 $26.78
Irrigation Labor: CP 1.0 hrs $18.50 $18.50
Irrigation Labor: Chem.-Fert. 0.8 hrs $18.50 $14.80
General Farm Labor 2.24 hrs $10.65 $23.86
Sorting: $54.52
Sorting Labor Costs 385 cwt $0.108 $41.43
Sorting Equip. Repairs & Power 385 cwt $0.034 $13.09
Other: $145.88
Crop Insurance 1 acre $80.00 $80.00
Potato Fees & Assessments 366 cwt $0.18 $65.88
$0.00
Operating Interest: @ 5.75% $47.60
Total Operating Costs $1,672.71
Operating Costs per Unit $4.34
Net Returns Above Operating Expenses $1,118.54

EI-Po5-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With On-Farm Storage Final
for Eastern Idaho: Bannock, Bingham and Power Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Potato Handling Equipment: Deprec. & Interest $55.50
Tractors & Equipment Insurance $5.06
Tractors & Equipment Depreciation & Interest $170.00
Irrigation Equipment Depreciation & Interest
Land Rent** $535.00
General Overhead $41.50
Management Fee $123.00

Total Ownership Costs $930.06

Ownership Costs per Unit $2.42

Total Costs per Acre $2,602.77

Total Cost per Unit $6.76

Returns to Risk $188.48

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 346.5 385 423.5
Operating Cost Breakeven $4.83 $4.34 $3.95
Ownership Cost Breakeven $2.68 $2.42 $2.20
Total Cost Breakeven $7.51 $6.76 $6.15

Price
Yield $6.53 $7.25 $7.98
Operating Cost Breakeven 256.4 230.7 209.7
Ownership Cost Breakeven 142.5 128.3 116.6
Total Cost Breakeven 398.9 359.0 326.4

Field-Run
Storage Costs: Yield Paid-Yield

Field-Run Yield 385

Paid-Yield % 95%
Paid-Yield 365.75

Base Cost of Production: $6.76 $7.12

Storage System Ownership Costs $0.509 $0.54

Storage System Repairs $0.038 $0.04

Base + Storage Own. & Repairs $7.31 $7.69

Cumulative
Storage Base + All Base + All
Operating Storage Storage
Costs Costs Costs

October $0.202 $7.51 $7.89

November $0.371 $7.68 $8.06
December $0.455 $7.76 $8.15
January $0.539 $7.85 $8.23
February $0.623 $7.93 $8.32
March $0.707 $8.01 $8.40
April $0.892 $8.20 $8.58
May $0.996 $8.30 $8.69
June $1.116 $8.42 $8.81

EI-Po5-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With Fumigation and On-
Farm Storage for Eastern Idaho: Bannock, Bingham and Power Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Potatoes 425 cwt $7.25 $3,081.25
Operating Inputs
Seed: $289.80
G-3 Russet Burbank Seed N 21 cwt $12.10 $254.10
Potato Seed Cutting 21 cwt $1.70 $35.70

Fertilizer: $448.20
Dry Nitrogen - Pre-plant 140 lb $0.55 $77.00
Dry P2O5 185 lb $0.53 $98.05
K2O 215 lb $0.44 $94.60
Sulfur 85 lb $0.27 $22.95
Liquid Nitrogen 120 lb $0.73 $87.60
Liquid P2O5 50 lb $0.72 $36.00
Micronutrients/Humic Acid-CP 1 acre $32.00 $32.00
Pesticides: $475.55
Vapam 42% 35.0 gal $5.95 $208.25
Potato Seed Treatment 21.0 cwt $0.50 $10.50
Moncut 70DF 1.0 lb $33.45 $33.45
Admire Pro 8.0 fl oz $1.50 $12.00
Metribuzin 75DF 0.67 lb $14.65 $9.82
Eptam 7E 3.5 pint $6.25 $21.88
Prowl 3.3EC 2.0 pint $4.90 $9.80
Quadris Flowable 8.0 fl oz $2.30 $18.40
Brigadier 12 fl oz $1.35 $16.20
Omega 500DF 5.5 fl oz $3.40 $18.70
Bravo WeatherStik 2.0 pint $4.65 $9.30
Agri-Mek 0.75SC 7.0 fl oz $2.60 $18.20
Endura 5.5 oz $4.70 $25.85
Ranman 2.75 fl oz $4.70 $12.93
Dithane F45 Rainshield 3.2 qt $8.65 $27.68
Reglone 2.0 pint $11.30 $22.60
Custom & Consultants: $120.00
Custom Fertilize: 400-800 lbs 1 acre $7.75 $7.75
Custom Fumigate: Deep Inject. 1 acre $44.00 $44.00
Custom Fertilize: 0-400 lbs 1 acre $7.25 $7.25
Consultants/Soil Testing - CP 1 acre $26.00 $26.00
Custom Air Spray - 5 gal. rate 4 acre $8.75 $35.00
Irrigation: $100.07
Irrigation Power - Center Pivot* 27 ac-in $1.90 $51.30
Irrigation Water Assessment-N 1 acre $35.00 $35.00
Irrigation Repairs - CP* 27 ac-in $0.51 $13.77
Machinery: $127.40
Fuel-Gas 4.52 gal $2.50 $11.30
Fuel-Diesel 20.47 gal $2.35 $48.10
Fuel-Road Diesel 2.02 gal $2.85 $5.76
Lube 1 acre $9.77 $9.77
Machinery Repair 1 acre $52.47 $52.47
Labor: $159.46
Equipment Operator Labor 3.88 hrs $18.50 $71.78
Truck Driver Labor 1.98 hrs $14.40 $28.51
Irrigation Labor: CP 1.08 hrs $18.50 $19.98
Irrigation Labor: Chem.-Fert. 0.84 hrs $18.50 $15.54
General Farm Labor 2.22 hrs $10.65 $23.64
Sorting: $60.35
Sorting Labor Costs 425 cwt $0.108 $45.90
Sorting Equip. Repairs & Power 425 cwt $0.034 $14.45
Other: $152.72
Crop Insurance 1 acre $80.00 $80.00
Potato Fees & Assessments 404 cwt $0.18 $72.72
$0.00
Operating Interest: @ 5.75% $65.28
Total Operating Costs $1,998.82
Operating Costs per Unit $4.70
Net Returns Above Operating Expenses $1,082.43

EI-Po6-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Russet Burbank Commercial Potatoes With Fumigation and On-
Farm Storage for Eastern Idaho: Bannock, Bingham and Power Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Potato Handling Equipment: Deprec. & Interest $61.00
Tractors & Equipment Insurance $5.12
Tractors & Equipment Depreciation & Interest $172.00
Irrigation Equipment Depreciation & Interest
Land Rent** $535.00
General Overhead $41.25
Management Fee $122.00

Total Ownership Costs $936.37

Ownership Costs per Unit $2.20

Total Costs per Acre $2,935.19

Total Cost per Unit $6.91

Returns to Risk $146.06

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 382.5 425 467.5
Operating Cost Breakeven $5.23 $4.70 $4.28
Ownership Cost Breakeven $2.45 $2.20 $2.00
Total Cost Breakeven $7.67 $6.91 $6.28

Price
Yield $6.53 $7.25 $7.98
Operating Cost Breakeven 306.3 275.7 250.6
Ownership Cost Breakeven 143.5 129.2 117.4
Total Cost Breakeven 449.8 404.9 368.0

Field-Run
Storage Costs: Yield Paid-Yield

Field-Run Yield 425

Paid-Yield % 95%
Paid-Yield 403.75

Base Cost of Production: $6.91 $7.27

Storage System Ownership Costs $0.509 $0.54

Storage System Repairs $0.038 $0.04

Base + Storage Own. & Repairs $7.45 $7.85

Cumulative
Storage Base + All Base + All
Operating Storage Storage
Costs Costs Costs

October $0.206 $7.66 $8.05

November $0.375 $7.83 $8.22
December $0.460 $7.91 $8.31
January $0.545 $8.00 $8.39
February $0.630 $8.08 $8.48
March $0.702 $8.16 $8.55
April $0.900 $8.35 $8.75
May $1.004 $8.46 $8.85
June $1.126 $8.58 $8.97

EI-Po6-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Roundup Ready Sugarbeets for Eastern Idaho: Power and
Bingham Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Sugarbeets 36 ton $43.00 $1,548.00
Operating Inputs
Seed: $147.12
RUR Beet Seed: Raw Coated 0.5 unit $156.00 $78.00
Roundup Technology Fee - SB 0.48 unit $144.00 $69.12

Fertilizer: $179.20
Dry Nitrogen - Pre-plant 20 lb $0.55 $11.00
Dry P2O5 100 lb $0.53 $53.00
K2O 40 lb $0.44 $17.60
Micronutrients - Sugarbeets 1 acre $10.00 $10.00
Liquid Nitrogen 120 lb $0.73 $87.60
$0.00
$0.00
Pesticides: $44.30
Poncho Beta Seed Treatment 0.48 unit $48.50 $23.28
Roundup Power Max 4.5 54 fl oz $0.21 $11.34
Ammonium Sulfate 2.4 lb $0.70 $1.68
Tilt 4.0 fl oz $2.00 $8.00
$0.00
$0.00
Custom & Consultants: $23.75
Custom Fertilize: 400-800 lbs 1 acre $7.75 $7.75
Consultants/Soil Testing - SB 1 acre $16.00 $16.00
$0.00
$0.00
$0.00
Irrigation: $119.35
Irrigation Power - Center Pivot* 35 ac-in $1.90 $66.50
Irrigation Water Assessment-S 1 acre $35.00 $35.00
Irrigation Repairs - CP* 35 ac-in $0.51 $17.85
Machinery: $118.82
Fuel-Gas 3.36 gal $2.50 $8.40
Fuel-Diesel 17.84 gal $2.35 $41.92
Fuel-Road Diesel 5.13 gal $2.85 $14.62
Lube 1 acre $9.74 $9.74
Machinery Repair 1 acre $44.14 $44.14
Labor: $147.29
Equipment Operator Labor 3.63 hrs $18.50 $67.16
Truck Driver Labor 2.64 hrs $14.40 $38.02
Irrigation Labor: CP 1.40 hrs $18.50 $25.90
Irrigation Labor: Chem - Fert 0.56 hrs $18.50 $10.36
General Farm Labor 0.55 hrs $10.65 $5.86
Other: $149.40
Crop Insurance 1 acre $45.00 $45.00
Sugarbeet Hauling Charge 36 ton $2.90 $104.40
$0.00
Operating Interest @ 5.75% $25.35
Total Operating Costs $954.58
Operating Costs per Unit $26.52
Net Returns Above Operating Expenses $593.42

EI-Su-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Roundup Ready Sugarbeets for Eastern Idaho: Power and
Bingham Counties. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $4.89
Tractors & Equipment Depreciation & Interest $161.16
Irrigation Equipment Depreciation & Interest
Co-op Stock (Beet share rental value) $35.00
Land Rent** $350.00
General Overhead $24.00
Management Fee $75.00

Total Ownership Costs $650.05

Ownership Costs per Unit $18.06

Total Costs per Acre $1,604.63

Total Cost per Unit $44.57

Returns to Risk -$56.63

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 32.4 36 39.6
Operating Cost Breakeven $29.46 $26.52 $24.11
Ownership Cost Breakeven $20.06 $18.06 $16.42
Total Cost Breakeven $49.53 $44.57 $40.52

Price
Yield $38.70 $43.00 $47.30
Operating Cost Breakeven 24.7 22.2 20.2
Ownership Cost Breakeven 16.8 15.1 13.7
Total Cost Breakeven 41.5 37.3 33.9

EI-Su-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Spring Feed Barley for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Feed Barley 135 bu $4.00 $540.00
Operating Inputs
Seed: $22.00
Feed Barley Seed - Spring 100 lb $0.22 $22.00
$0.00

Fertilizer: $97.00
Dry Nitrogen - Pre-plant 125 lb $0.55 $68.75
Dry P2O5 45 lb $0.53 $23.85
K2O 10 lb $0.44 $4.40
$0.00
$0.00
$0.00
$0.00
Pesticides: $46.87
Axial XL 16.4 fl oz $1.09 $17.88
Affinity Tank Mix 50SG 0.6 oz $8.95 $5.37
Starane Ultra 0.3 pt $29.75 $8.92
TwinLine 7.00 fl oz $2.10 $14.70
$0.00
$0.00
Custom & Consultants: $36.25
Custom Fertilize: 0-400 lbs 1 acre $7.25 $7.25
Custom Air Spray - 5 gal. rate 1 acre $8.75 $8.75
Custom Haul: barley 135 cwt $0.15 $20.25
$0.00
$0.00
Irrigation: $64.20
Irrigation Power - Center Pivot* 20 ac-in $1.90 $38.00
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 20 ac-in $0.51 $10.20
Machinery: $38.57
Fuel-Gas 2.88 gal $2.50 $7.20
Fuel-Diesel 5.57 gal $2.35 $13.09
Fuel-Road Diesel 0.16 gal $2.85 $0.46
Lube 1 acre $3.11 $3.11
Machinery Repair 1 acre $14.71 $14.71
Labor: $49.13
Equipment Operator Labor 1.66 hrs $18.50 $30.71
Irrigation Labor - CP 0.8 hrs $18.50 $14.80
General Farm Labor 0.34 hrs $10.65 $3.62
Storage: $0.00
$0.00
$0.00
Other: $15.00
Crop Insurance 1 acre $15.00 $15.00
$0.00
$0.00
Operating Interest @ 5.75% $8.59
Total Operating Costs $377.61
Operating Costs per Unit $2.80
Net Returns Above Operating Expenses $162.39

EI-FB-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Spring Feed Barley for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $1.39
Tractors & Equipment Depreciation & Interest $51.36
Irrigation Equipment Depreciation & Interest
Land Rent** $220.00
General Overhead $10.00
Management Fee $34.00

Total Ownership Costs $316.75

Ownership Costs per Unit $2.35

Total Costs per Acre $694.36

Total Cost per Unit $5.14

Returns to Risk -$154.36

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 121.5 135 148.5
Operating Cost Breakeven $3.11 $2.80 $2.54
Ownership Cost Breakeven $2.61 $2.35 $2.13
Total Cost Breakeven $5.71 $5.14 $4.68

Price
Yield $3.60 $4.00 $4.40
Operating Cost Breakeven 104.9 94.4 85.8
Ownership Cost Breakeven 88.0 79.2 72.0
Total Cost Breakeven 192.9 173.6 157.8

EI-FB-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Malting Barley for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Malting Barley 125 bu $5.75 $718.75
Operating Inputs
Seed: $24.70
Malting Barley Seed - Spring 95 lb $0.26 $24.70
$0.00

Fertilizer: $77.75
Dry Nitrogen - Pre-plant 90 lb $0.55 $49.50
Dry P2O5 45 lb $0.53 $23.85
10 lb $0.44 $4.40
$0.00
$0.00
$0.00
$0.00
Pesticides: $46.87
Axial XL 16.4 fl oz $1.09 $17.88
Affinity Tank Mix 50SG 0.6 oz $8.95 $5.37
Starane Ultra 0.30 pt $29.75 $8.92
TwinLine 7.00 fl oz $2.10 $14.70
$0.00
$0.00
Custom & Consultants: $34.75
Custom Fertilize: 0 - 400 lbs 1 acre $7.25 $7.25
Custom Air Spray - 5 gal. rate 1 acre $8.75 $8.75
Custom Haul: barley 125 cwt $0.15 $18.75
$0.00
$0.00
Irrigation: $64.20
Irrigation Power - Center Pivot* 20 ac-in $1.90 $38.00
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 20 ac-in $0.51 $10.20
Machinery: $38.57
Fuel-Gas 2.88 gal $2.50 $7.20
Fuel-Diesel 5.57 gal $2.35 $13.09
Fuel-Road Diesel 0.16 gal $2.85 $0.46
Lube 1 acre $3.11 $3.11
Machinery Repair 1 acre $13.73 $14.71
Labor: $49.13
Equipment Operator Labor 1.66 hrs $18.50 $30.71
Irrigation Labor: CP 0.8 hrs $18.50 $14.80
General Farm Labor 0.34 hrs $10.65 $3.62
Storage: $0.00
$0.00
$0.00
Other: $25.00
Crop Insurance 1 acre $25.00 $25.00
$0.00
Operating Interest @ 5.75% $8.34
Total Operating Costs $369.31
Operating Costs per Unit $2.95
Net Returns Above Operating Expenses $349.44

EI-MB-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Malting Barley for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $1.39
Tractors & Equipment Depreciation & Interest $51.36
Irrigation Equipment Depreciation & Interest
Land Rent** $220.00
General Overhead $10.00
Management Fee $34.00

Total Ownership Costs $316.75

Ownership Costs per Unit $2.53

Total Costs per Acre $686.06

Total Cost per Unit $5.49

Returns to Risk $32.69

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 112.5 125 137.5
Operating Cost Breakeven $3.28 $2.95 $2.69
Ownership Cost Breakeven $2.82 $2.53 $2.30
Total Cost Breakeven $6.10 $5.49 $4.99

Price
Yield $5.18 $5.75 $6.33
Operating Cost Breakeven 71.4 64.2 58.4
Ownership Cost Breakeven 61.2 55.1 50.1
Total Cost Breakeven 132.6 119.3 108.5

EI-MB-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Hard Red Spring Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Wheat 110 bu $6.20 $682.00
Operating Inputs
Seed: $28.75
Wheat Seed: HRS 115 lb $0.25 $28.75
$0.00

Fertilizer: $117.95
Dry Nitrogen - Pre-plant 110 lb $0.55 $60.50
Dry P2O5 45 lb $0.53 $23.85
K2O 10 lb $0.44 $4.40
Liquid Nitrogen 40 lb $0.73 $29.20
$0.00
$0.00
$0.00
Pesticides: $46.87
Axial XL 16.4 fl oz $1.09 $17.88
Affinity Tank Mix 50SG 0.6 oz $8.95 $5.37
Starane Ultra 0.30 pt $29.75 $8.92
TwinLine 7.00 fl oz $2.10 $14.70
$0.00
$0.00
Custom & Consultants: $36.70
Custom Fertilize: 0 - 400 lbs 1 acre $7.25 $7.25
Custom Air Spray - 5 gal. rate 1 acre $8.75 $8.75
Custom Haul: wheat 115 bu $0.18 $20.70
$0.00
$0.00
Irrigation: $64.20
Irrigation Power - Center Pivot* 20 ac-in $1.90 $38.00
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 20 ac-in $0.51 $10.20
Machinery: $38.57
Fuel-Gas 2.88 gal $2.50 $7.20
Fuel-Diesel 5.57 gal $2.35 $13.09
Fuel-Road Diesel 0.16 gal $2.85 $0.46
Lube 1 acre $3.11 $3.11
Machinery Repair 1 acre $14.71 $14.71
Labor: $53.57
Equipment Operator Labor 1.66 hrs $18.50 $30.71
Irrigation Labor: CP 0.80 hrs $18.50 $14.80
Irrigation Labor: Chem -Fert 0.24 hrs $18.50 $4.44
General Farm Labor 0.34 hrs $10.65 $3.62
Storage: $0.00
$0.00
$0.00
Other: $18.00
Crop Insurance 1 acre $18.00 $18.00
$0.00
Operating Interest @ 5.75% $8.92
Total Operating Costs $413.53
Operating Costs per Unit $3.76
Net Returns Above Operating Expenses $268.47

EI-HRS-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Hard Red Spring Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $1.39
Tractors & Equipment Depreciation & Interest $51.36
Irrigation Equipment Depreciation & Interest
Land Rent** $220.00
General Overhead $10.00
Management Fee $34.00

Total Ownership Costs $316.75

Ownership Costs per Unit $2.88

Total Costs per Acre $730.28

Total Cost per Unit $6.64

Returns to Risk -$48.28

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 99 110 121
Operating Cost Breakeven $4.18 $3.76 $3.42
Ownership Cost Breakeven $3.20 $2.88 $2.62
Total Cost Breakeven $7.38 $6.64 $6.04

Price
Yield $5.58 $6.20 $6.82
Operating Cost Breakeven 74.1 66.7 60.6
Ownership Cost Breakeven 56.8 51.1 46.4
Total Cost Breakeven 130.9 117.8 107.1

EI-HRS-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Soft White Spring Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Soft White Wheat 115 bu $5.85 $672.75
Operating Inputs
Seed: $27.60
Wheat Seed: SWS 120 lb $0.23 $27.60
$0.00

Fertilizer: $97.00
Dry Nitrogen - Pre-plant 125 lb $0.55 $68.75
Dry P2O5 45 lb $0.53 $23.85
K2O 10 lb $0.44 $4.40
$0.00
$0.00
$0.00
$0.00
Pesticides: $47.26
Axial XL 16.4 fl oz $1.09 $17.88
Affinity Tank Mix 50SG 0.6 oz $9.60 $5.76
Starane Ultra 0.3 pt $29.75 $8.92
TwinLine 7.00 fl oz $2.10 $14.70
$0.00
$0.00
Custom & Consultants: $36.70
Custom Fertilize: 0 - 400 lbs 1 acre $7.25 $7.25
Custom Air Spray - 5 gal. rate 1 acre $8.75 $8.75
Custom Haul: wheat 115 bu $0.18 $20.70
$0.00
$0.00
Irrigation: $64.20
Irrigation Power - Center Pivot* 20 ac-in $1.90 $38.00
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 20 ac-in $0.51 $10.20
Machinery: $38.01
Fuel-Gas 2.88 gal $2.50 $7.20
Fuel-Diesel 5.57 gal $2.25 $12.53
Fuel-Road Diesel 0.16 gal $2.85 $0.46
Lube 1 acre $3.11 $3.11
Machinery Repair 1 acre $14.71 $14.71
Labor: $49.13
Equipment Operator Labor 1.66 hrs $18.50 $30.71
Irrigation Labor: CP 0.8 hrs $18.50 $14.80
General Farm Labor 0.34 hrs $10.65 $3.62
Storage: $0.00
$0.00
$0.00
Other: $18.00
Crop Insurance 1 acre $18.00 $18.00
$0.00
Operating Interest @ 5.75% $8.81
Total Operating Costs $386.71
Operating Costs per Unit $3.36
Net Returns Above Operating Expenses $286.04

EI-SWS-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Soft White Spring Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $1.39
Tractors & Equipment Depreciation & Interest $51.36
Irrigation Equipment Depreciation & Interest
Land Rent** $220.00
General Overhead $10.00
Management Fee $34.00

Total Ownership Costs $316.75

Ownership Costs per Unit $2.75

Total Costs per Acre $703.46

Total Cost per Unit $6.12

Returns to Risk -$30.71

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 103.5 115 126.5
Operating Cost Breakeven $3.74 $3.36 $3.06
Ownership Cost Breakeven $3.06 $2.75 $2.50
Total Cost Breakeven $6.80 $6.12 $5.56

Price
Yield $5.27 $5.85 $6.44
Operating Cost Breakeven 73.4 66.1 60.1
Ownership Cost Breakeven 60.2 54.1 49.2
Total Cost Breakeven 133.6 120.2 109.3

EI-SWS-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Soft White Winter Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Soft White Wheat 125 bu $5.85 $731.25
Operating Inputs
Seed: $22.00
Wheat Seed: SWW 100 lb $0.22 $22.00
$0.00

Fertilizer: $113.40
Dry Nitrogen - Pre-plant 150 lb $0.55 $82.50
Dry P2O5 50 lb $0.53 $26.50
K2O 10 lb $0.44 $4.40
$0.00
$0.00
$0.00
$0.00
Pesticides: $24.48
Axial XL 16.4 fl oz $1.09 $17.88
Bronate Advanced 1.2 pint $5.50 $6.60
$0.00
$0.00
$0.00
$0.00
Custom & Consultants: $37.00
Custom Fertilize: 0 - 400 lbs 2 acre $7.25 $14.50
Custom Haul: wheat 125 bu $0.18 $22.50
$0.00
$0.00
$0.00
Irrigation: $61.79
Irrigation Power - Center Pivot* 19 ac-in $1.90 $36.10
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 19 ac-in $0.51 $9.69
Machinery: $32.51
Fuel-Gas 2.88 gal $2.50 $7.20
Fuel-Diesel 4.42 gal $2.35 $10.39
Fuel-Road Diesel 0.16 gal $2.85 $0.46
Lube 1 acre $2.71 $2.71
Machinery Repair 1 acre $11.76 $11.76
Labor: $46.83
Equipment Operator Labor 1.61 hrs $18.50 $29.79
Irrigation Labor: CP 0.76 hrs $18.50 $14.06
General Farm Labor 0.28 hrs $10.65 $2.98
Storage: $0.00
$0.00
$0.00
Other: $19.50
Crop Insurance 1 acre $19.50 $19.50
$0.00
Operating Interest @ 5.75% $11.06
Total Operating Costs $368.57
Operating Costs per Unit $2.95
Net Returns Above Operating Expenses $362.68

EI-SWW-15 University of Idaho AERS Dept

Table 1. 2015 Irrigated Soft White Winter Wheat for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $1.23
Tractors & Equipment Depreciation & Interest $46.04
Irrigation Equipment Depreciation & Interest
Land Rent** $220.00
General Overhead $10.00
Management Fee $34.00

Total Ownership Costs $311.27

Ownership Costs per Unit $2.49

Total Costs per Acre $679.84

Total Cost per Unit $5.44

Returns to Risk $51.41

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 112.5 125 137.5
Operating Cost Breakeven $3.28 $2.95 $2.68
Ownership Cost Breakeven $2.77 $2.49 $2.26
Total Cost Breakeven $6.04 $5.44 $4.94

Price
Yield $5.27 $5.85 $6.44
Operating Cost Breakeven 70.0 63.0 57.3
Ownership Cost Breakeven 59.1 53.2 48.4
Total Cost Breakeven 129.1 116.2 105.6

EI-SWW-15 University of Idaho AERS Dept

 Final
Table 1. 2015 Irrigated Alfalfa Hay for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Alfalfa Hay 6 ton $135.00 $810.00
Operating Inputs
Seed: $0.00
$0.00
$0.00

Fertilizer: $97.67
Dry P2O5 104 lb $0.53 $55.12
K2O 60 lb $0.44 $26.40
Dry Nitrogen - Pre-plant 22 lb $0.55 $12.10
Sulfur 15 lb $0.27 $4.05
$0.00
$0.00
$0.00
Pesticides: $19.63
Metribuzin 75DF 0.75 lb $14.65 $10.99
Warrior w/ Zeon Technology 3.00 fl oz $2.88 $8.64
$0.00
$0.00
$0.00
$0.00
Custom & Consultants: $213.50
Custom Fertilize: 400 - 800 lbs 1 acre $7.75 $7.75
Custom Swath Hay 3 acre $17.25 $51.75
Custom Rake Hay 3 acre $6.25 $18.75
Custom Bale Hay: 4x4 6 ton $16.00 $96.00
Custom Haul/Stack Hay 6 ton $5.25 $31.50
Custom Air Spray - 3 gal. rate 1 acre $7.75 $7.75
Irrigation: $83.48
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 28 ac-in $0.51 $14.28
Irrigation Power - Center Pivot* 28 ac-in $1.90 $53.20
Machinery: $7.62
Fuel-Gas 2.08 gal $2.50 $5.20
Fuel-Diesel 0 gal $2.35 $0.00
Fuel-Road Diesel 0.1 gal $2.85 $0.29
Lube 1 acre $0.81 $0.81
Machinery Repair 1 acre $1.32 $1.32
Labor: $35.89
Equipment Operator Labor 0.82 hrs $18.50 $15.17
Irrigation Labor: CP 1.12 hrs $18.50 $20.72
General Farm Labor 0 hrs $9.55 $0.00
Storage: $0.00
$0.00
$0.00
Other: $0.00
$0.00
$0.00
Operating Interest @ 5.75% $10.22
Total Operating Costs $468.00
Operating Costs per Unit $78.00
Net Returns Above Operating Expenses $342.00

EI-AH-15 University of Idaho AERS Dept

 Final
Table 1. 2015 Irrigated Alfalfa Hay for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $0.77
Tractors & Equipment Depreciation & Interest $6.53
Irrigation Equipment Depreciation & Interest
Land Rent** $225.00
General Overhead $12.00
Management Fee $40.00
Amortized Establishment Cost $71.32

Total Ownership Costs $355.62

Ownership Costs per Unit $59.27

Total Costs per Acre $823.62

Total Cost per Unit $137.27

Returns to Risk -$13.62

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 5.4 6.0 6.6
Operating Cost Breakeven $86.67 $78.00 $70.91
Ownership Cost Breakeven $65.86 $59.27 $53.88
Total Cost Breakeven $152.52 $137.27 $124.79

Price
Yield $121.50 $135.00 $148.50
Operating Cost Breakeven 3.9 3.5 3.2
Ownership Cost Breakeven 2.9 2.6 2.4
Total Cost Breakeven 6.8 6.1 5.5

EI-AH-15 University of Idaho AERS Dept

 Final
Table 1. 2015 Irrigated Alfalfa Hay Establishment in Grain Stubble for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Gross Returns
Alfalfa Hay 3.5 ton $135.00 $472.50
Operating Inputs
Seed: $76.50
Alfalfa Seed (pvt): inoculated 18 lb $4.25 $76.50
$0.00

Fertilizer: $62.99
Dry Nitrogen - Pre-plant 16 lb $0.55 $8.80
Dry P2O5 78 lb $0.53 $41.34
K2O 20 lb $0.44 $8.80
Sulfur 15 lb $0.27 $4.05
$0.00
$0.00
$0.00
Pesticides: $0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
Custom & Consultants: $128.63
Custom Fertilize: 0 - 400 lbs 1 acre $7.25 $7.25
Custom Swath Hay 2 acre $17.25 $34.50
Custom Rake Hay 2 acre $6.25 $12.50
Custom Bale Hay: 4x4 3.5 ton $16.00 $56.00
Custom Haul/Stack Hay 3.5 ton $5.25 $18.38
Irrigation: $76.25
Irrigation Power - Center Pivot* 25 ac-in $1.90 $47.50
Irrigation Water Assessment-Al 1 acre $16.00 $16.00
Irrigation Repairs - CP* 25 ac-in $0.51 $12.75
Machinery: $21.72
Fuel-Gas 1.68 gal $2.50 $4.20
Fuel-Diesel 3.3 gal $2.35 $7.76
Fuel-Road Diesel 0.06 gal $2.85 $0.17
Lube 1 acre $1.82 $1.82
Machinery Repair 1 acre $7.77 $7.77
Labor: $41.88
Equipment Operator Labor 1.08 hrs $18.50 $19.98
Irrigation Labor: CP 1.04 hrs $18.50 $19.24
General Farm Labor 0.25 hrs $10.65 $2.66
Storage: $0.00
$0.00
$0.00
Other: $0.00
$0.00
$0.00
Operating Interest @ 5.75% $10.78
Total Operating Costs $418.74
Operating Costs per Unit $119.64
Net Returns Above Operating Expenses $53.76

EI-AE-15 University of Idaho AERS Dept

 Final
Table 1. 2015 Irrigated Alfalfa Hay Establishment in Grain Stubble for Eastern Idaho. 4/1/2016
Quantity Price or Value or
Item Per Acre Unit Cost Cost/Acre
Ownership Costs:
Tractors & Equipment Insurance $0.72
Tractors & Equipment Depreciation & Interest $25.21
Irrigation Equipment Depreciation & Interest
Land Rent** $225.00
General Overhead $12.00
Management Fee $40.00

Total Ownership Costs $302.93

Ownership Costs per Unit $86.55

Total Costs per Acre $721.67

Total Cost per Unit $206.19

Returns to Risk -$249.17

Notes:
* Center Pivot. **Includes irrigation system ownership costs.

Breakeven Analysis: - Base +

10% 10%
Yield
Price 3.2 3.5 3.9
Operating Cost Breakeven $132.93 $119.64 $108.76
Ownership Cost Breakeven $96.17 $86.55 $78.68
Total Cost Breakeven $229.10 $206.19 $187.45

Price
Yield $121.50 $135.00 $148.50
Operating Cost Breakeven 3.4 3.1 2.8
Ownership Cost Breakeven 2.5 2.2 2.0
Total Cost Breakeven 5.9 5.3 4.9

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EI-AE-15 University of Idaho AERS Dept