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The Custom Farmwork Rate Calculator is an excel worksheet that allows you to calculate what to charge for custom farmwork.
Also included are charts of machinery costs that are required for the calculations and a factsheet containing the 2006 Survey of
Custom Farmwork Rates charged in Ontario, a guide to writing custom farmwork agreements and a sample custom farmwork
agreement.
The Short-term Equipment Rental Rate Calculator is an excel worksheet that allows you to calculate what to charge for short-term
equipment rentals.
Developed by Carl Fletcher
Strategic Business Planning Program Lead
OMAFRA, Guelph
email: carl.fletcher@ontario.ca
May 18, 2007
27,000
8,625
3,600
39,225 (A)
Purchase Price
Trade in Value
5,520
2000
7,520 (B)
$
$
0
0
0
0 (C)
+ Profit Margin (return to management, admin. costs) (suggest 15% of machinery costs ( E x 0.15 )
+ Operator Labour (self or hired) --- (suggest 15% over machine hr for travel, downtime) # of machinery hr x 1.15 x wage/h
= Total Costs
= Custom Rate
$ 240,000
$ 105,000
200
0.60
40
Interest* =
Purchase Price
Trade in Value
Hours per year
Fuel Cost per litre
Fuel Used -litres/hr (see Table 5)
(E+F+G)
$
$
0
0 (D)
46,745 (E)
17.00
15%
7,012 (F)
$
$
Per Acre $
Per Hour $
3,910 (G)
57,667 (H)
36.04
288.33
* Interest This interest calculation is the average annual interest cost of the investment (yours and/or the lender's) that is tied up in the machine
$
$
Per Acre $
Per Hour $
46,745
5,520
15%
6,184
47,409
29.63
237.04
(E)
(J)
(K)
(L)
Tractors (hp)
Group 1 Group 2 Group 3 Group 4 Group 5 Group 6 Group 7
<80 hp
80149
150+ hp
1
60
68
67
74
49
56
65
47
61
69
2
54
61
59
62
44
50
60
44
54
62
3
50
57
54
54
40
46
56
42
49
56
4
46
53
49
48
37
42
53
40
45
52
5
43
49
45
43
35
39
50
39
42
48
6
41
46
42
38
32
37
48
38
39
45
7
38
44
39
34
30
34
46
36
36
42
8
36
41
36
31
28
32
44
35
34
40
9
34
39
34
28
27
30
42
34
31
37
10
33
37
32
25
25
28
40
33
30
35
11
31
35
30
23
24
27
39
32
28
33
12
29
33
28
20
23
25
38
32
26
31
13
28
32
26
18
21
24
36
31
24
29
14
27
30
24
17
20
22
35
30
23
28
15
25
29
23
15
19
21
34
29
22
26
16
24
28
21
13
18
20
33
29
20
25
17
23
26
20
12
17
19
32
28
19
24
18
22
25
19
10
16
18
30
27
18
22
19
21
24
18
9
16
17
29
27
17
21
20
20
23
17
8
15
16
29
26
16
20
Source: American Society of Agricultural Engineers Standards, American Society of Agricultural Engineers, 1999
Group 1: Combines, self-propelled forage harvesters.
Group 2: Swathers, mower-conditioners, rotary hay mowers, rotary mower-conditioners.
Group 3: Forage harvesters, balers, bale elevators, tub grinders, augers, grinder-mixers, forage boxes, roller mills.
Group 4: Planters, drills, sprayers.
Group 5: Moldboard plows, chisel plows, cultivators, v-rippers.
Group 6: Disks, harrows, hoes.
Group 7: Manure spreaders, miscellaneous equipment.
EXAMPLE
New Combine Cost
Projected use
Estimated accumulated
repair costs at 1,000 hours
from Table 4
Repair costs
Used Machinery
HP required
75
130 MFWD
160
75
105 MFWD
225
75
130 MFWD
60
105 MFWD
40
60
105 MFWD
60
75
105 MFWD
130 MFWD
160 MFWD
75
130 MFWD
130 MFWD
160 MFWD
40
60
40
75
40
60
60
130 MFWD
60
105 MFWD
60
190
275
220
275
220
275
Acres/hour
2.8
4.2
5.6
9
13
26.7
5.9
8
6.4
8.7
5.6
7
14
5.1
6.4
8.5
4.7
14.9
5.1
8.5
6.4
8.5
15.4
25.6
4.4
6.6
4.4
3
4
16.3
3
1.4
Litres/ac
4.5
5.1
4.7
1.4
1.3
1.4
2.1
2.7
1.5
2
1.2
1.4
1.2
1.9
2
2.1
4.6
1.8
2.5
2.5
3.4
3.1
0.4
0.4
1.6
1.9
1.6
3.3
2.5
1.3
3.3
12.5
2.8
7.6
6.8
10.2
4.5
7.4
11.4
6
5.4
4.5
8.2
6.2
Litres/hour
12.5
21.6
26.5
12.5
17.4
37.5
12.5
21.6
9.9
17.4
6.8
9.9
17.4
9.9
12.5
17.4
21.6
26.5
12.5
21.6
21.6
26.5
6.8
9.9
6.8
12.5
6.8
9.9
9.9
21.6
9.9
17.4
9.9
31.8
45.9
36.8
45.9
36.8
45.9
Source: American Society of Agricultural Engineers Standards, American Society of Agricultural Engineers, 1999