Farm Management Decision Aides Available at OSU Farm Management Website

Custom Rate Calculator

The Custom Rate Calculator calculates potential alternative current Custom Rates based on the increase or decrease in fuel prices.  By inputting the current cost of farmgate diesel, users can calculate a current custom rate that they may consider as an alternative to custom rates published in the OSU Extension Factsheet, “Ohio Farm Custom Rates -2008” available at: http://ohioline.osu.edu/ae-fact/pdf/Custom_Rates_08.pdf

Machinery Rental Rates Calculator

This decision aid enables you to calculate the rental value of machinery based on a current custom rate charge (including labor, fuel, and tractor). Users input the current custom rate for the implement (and tractor if needed) and the percent of custom charge (default values are given). These inputs will yield a machinery rental rate which can be used for farmer to farmer rental negotiations or to evaluate a rental from a dealer. Users can also calculate implement rental rates without tractor. This decision aid as well as other farm management decision aids are available to download at:

http://aede.osu.edu/Programs/FarmManagement/Budgets/download.htm

Crop Share Calculator

Do you have a crop share lease and are interested in the best way to organize the lease so that it is fair for both the landowner and the tenant? The OSU Extension Crop Share Calculator will help you do this. This decision aide will help you to organize lease shares and will assist in calculating the total receipts and expenses that the landowner and tenant will share. This calculator is separated into three different sections by spreadsheet page. The first is the “Shares” page which allows the user to input the percentage of various receipts and costs that the landowner will be responsible for. The decision aid will then automatically calculate the percentage the tenant is responsible for. The second page is the “Costs” page, where the user will input receipt and expense raw data. These receipts include Yield, Price, and Government payments. Costs include land, machinery, labor, management, and direct cash costs. The “Calculation” page displays the total receipts and costs to both the tenant and the landowner.

Value of Manure Worksheet

This worksheet displays default values for amounts of nitrogen, phosphorus and potassium in various livestock manures and assists the user in calculating a value per ton or per acre applied. Users input current fertilizer prices to calculate the value of the livestock manure per ton or per acre applied. Users can also adjust N,P and K levels for the livestock manures included in the worksheet to calculate a more representative value for the manures they plan to use.

The Value of Manure Worksheet was created by John Rausch, Extension Program Director, Animal Manure Management and Amanda Meddles, Program Coordinator, Environmental Management in coordination with Brian Freytag and Barry Ward.

Flexible Cash Lease Calculator

The Flexible Cash Lease Calculator determines the rental rate of land using several price flexing methods. This tool will be described in more detail in a separate article.

These decision aides are now available at the OSU Farm Management website at:

http://aede.osu.edu/Programs/FarmManagement/Budgets/download.htm

These decision aides require Microsoft Excel to use. Alternatively, if you do not have Microsoft Excel, you can download and use OpenOffice.org for free. This is an Open Source alternative to Microsoft Excel. OpenOffice.org can be downloaded at http://www.openoffice.org.

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