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Built on the Farm Machinery Economic Cost Estimation Spreadsheet (MACHDATA.XLSM) from: by William F. Lazarus Extension Economist, University of Minnesota Custom Rate Parameters: Sources: Skilled labor rate $/hr = $32.37 USDA Farm Labor Report: https://usda.library.cornell.edu/concern/publications/x920fw89s?locale=en
18 Ιαν 2024 · The 2023 Custom Work Rates report covers a wide number of basic field machine operations. It provides a summary of the estimated costs of these operations based on the University of Minnesota’s Machinery Economic Cost Estimates worksheet.
6 Φεβ 2024 · Do you operate a custom hire enterprise, either as a stand-alone business or as a way to offset significant capital investments as part of your ongoing farm operation? If so, Michigan State University has just released their 2023 Custom Work Rates report.
While Michigan State University Extension offers a custom work rates report that offers Michigan-based costs for a variety of common farm operations. However, some operators may find that their production activity is not available in this report. The MSU Custom Rates Calculator Tool spreadsheet can be used to calculate those individual values ...
PTO HP for the larger tractors runs about 87% of engine HP, and is shown in parentheses. Fuel use is estimated at 0.044 gallons of diesel fuel per hour per PTO HP. 2Net cost of a new unit assumes no trade-in. Farm machinery is exempt from sales tax in Minnesota so no sales tax is included.
16 Φεβ 2024 · Want to know what a fair price is for custom farm work? Michigan State University recently released its 2023 MSU Custom Work Costs report, which offers a base to determine a fair exchange value for both provider and recipient of custom work.
23 Ιουλ 2018 · The 2018 Custom Machine and Work Rate Estimates fact sheet from Michigan State University Extension is now available. It contains averages of several different university survey results on rates paid for farm custom machinery work.
