Break even

[vvalk]

Using custom rates my costs are $275 for cereals
and $325 for canola. That's using fungicides the
whole way and the best herbicides. Might be a bit
of profit in the custom rates but not much

[vvalk]

Should have said $275-$285 for cereals

[vvalk]

mbratrud. I am surprised at your canola number
not as much that it seems a bit on the low side but
that it is so close to your cereal cost.

[mbratrud]

vvalk, Our canola and Cereal numbers are helped out by better than normal available N numbers in our soil testing this fall. Probably putting down 20% less N just because there is so much available. Canola Seed cost is the biggest difference followed by Insurance but that is mostly offset by difference in In crop Herbicide.

[freewheat]

Hobby, I will buy as many new pieces of machinery as I can to maximize my costs!!lol

Mbratrud, I am game to put up my numbers, but they are so far out, I honestly am not sure what I am missing, and I honestly feel dumb about it. If my numbers were even close, I would play along, but I feel like I would be criticised. i dunno?????

I'm going to re check them a few times, and I'll be back!

[$short]

My numbers are up this year due to higher fuel,
seed and fertilizer costs. They also include an
application of fungicide and insecticide on
everything.

Haven't decided to cut the fert on the summer
fallow acres or not? These costs I posted still
have the full rates.

Labor also has been on the rise the past few
years.

I was hoping to get some benchmark numbers.
It's good to know if your costs are high compared
to others.

Land cost is also on the rise. I am not a high cash
rent payer but if the value of the land you own has
increased you need to adjust your land cost
accordingly.

This time of year it's important to know your costs
if you are looking at pricing new crop.

[$short]

Freewheat......don't be shy. It's not a contest.
They are what they are. If you can keep yours
low that's a good thing

[mbratrud]

Freewheat, short$ is right this is not a contest thee nis no right number. land Equipment farming practices can make HUGE differences on these numbers.

[freewheat]

You guys have suckered me! lol, no, I actually did alot of thinking on my trip today, and ran through them again here.

My land rent is only 30-35, being flooded has kept it low, land prices have hardly moved in 10 years, etc., keeping land cost fairly low. I run 15-20 year old machinery with minimal iron debt, and hire no help, which also puts a lid on my numbers. Seeding 5.25 a pound ****seed lowers my seed cost on the canola side a fair bit, and trucking is part of the contract on a third of my acres etc...I have old buildings, old bins, old everything!

So my canola break-even is about 230 bucks, Cereals are in the 210 area.

I know it is not a test or a race or a competition, I just saw 300 dollars plus and was surprised.

I would think rent and land costs are the biggest factor for the difference "here".

[freewheat]

Cereals meaning Wheat/barley. Oats would be about 30 bucks lower, less herb. less N fert.