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Farm budgets and costs

Guide to machinery costs and contract rates

Agriculture primefact cover 
Primefact Number: 913    Edition: First edition    Released/reviewed: Sep 2009

This Primefact has three aims:

  • to alert farmers to the real costs of owning and operating machinery;
  • to explain how contract rates are calculated, for those farmers deciding whether they should buy a piece of machinery or contract someone else's; and
  • to assist those farmers wanting to contract out machinery by showing them how to properly calculate their costs. This will help them arrive at a fair and realistic fee. Commonly, farmers wanting extra income will contract out their machinery but they tend to undercharge.
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  • About gross margin budgets
  • Livestock gross margin budgets
  • Summer crop gross margin budgets
  • Winter crop gross margin budgets
  • Vegetable crop gross margin budgets
  • Irrigated cherry production gross margins
  • Guide to machinery and water costs
  • Dryland lucerne gross margin budgets
  • Budget templates (Farm Forms)
  • Farm cost information
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