Alfalfa Establishment Budget
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

 
View only
 
 
ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2
Table 1. Estimated Cost of Establishment for Alfalfa in Bermudagrass
Southeast US, 2018-2019
3
ItemDescriptionUnit
Quantity
$/unit$/acre$/50 acres
% of Costs
4
5
Estimated Variable Costs
6
Soil Test(1 sample per 20 acres)acre0.05$7.00 $0.35 $17.50 0.08%50acres
7
SeedAlfalfalbs.25.00$4.75 $118.75 $5,937.50 28.00%3
Useful life (years)
8
Fertilizer, Animal Manure
Broiler Litter (60N, 60P, 40K)
tons0.00$30.00 $0.00 $0.00 0.00%
9
Broiler Litter Applicationtons0.00$8.00 $0.00 $0.00 0.00%
10
Fertilizer, CommercialNitrogen (N)lbs.0.00$0.56 $0.00 $0.00 0.00%
11
Phosphorus (P)lbs.130.00$0.34 $44.20 $2,210.00 10.42%
12
Potassium (K)lbs.200.00$0.43 $86.00 $4,300.00 20.28%
13
Micronutrient Packagelbs.5.00$1.05 $5.25 $262.50 1.24%
14
Fertilizer Procurementmiles50.00$0.75 $0.75 $37.50 0.18%
15
Commerical Fertilizer Application
acre1.00$8.00 $8.00 $400.00 1.89%
16
Lime(Prorated over 5 years)tons0.40$32.00 $12.80 $640.00 3.02%
17
Custom Lime Spread(Prorated over 5 years)acre0.20$8.00 $1.60 $80.00 0.38%
18
Weed ControlChemicalsacre1.00$7.23 $7.23 $361.50 1.70%
19
Custom Weed Control Application
acre1.00$5.25 $5.25 $262.50 1.24%
20
Mach. & EquipmentMaint., Fuel, Oil, Lubeacre1.00$13.53 $13.53 $676.50 3.19%
21
Hired Laborhours0.25$12.50 $3.13 $156.25 0.74%
22
Forage Tests(1 sample per 10 acres)acre0.10$7.00 $0.70 $35.00 0.17%
23
Misc. Expensesacre1.00$15.00 $15.00 $750.00 3.54%
24
Interest on ½ of Operating Costs
dollars$322.546.25%$20.16 $1,007.92 4.75%
25
26
Total Variable Costs$342.69 $17,134.67 80.80%
27
28
Estimated Fixed Costs
29
Mach. & EquipmentOwnership costsacre1.00$11.89 $11.89 $594.50 2.80%
30
General Overheaddollars$342.697%$23.99 $1,199.43 5.66%
31
Management Feedollars$342.696%$20.56 $1,028.08 4.85%
32
Land Rentacre1.00$25.00 $25.00 $1,250.00 5.89%
33
34
Total Fixed Costs$81.44 $4,072.01 19.20%
35
36
Total Cost of Establishment for Alfalfa in Bermudagrass$424.13 $21,206.68 100.00%
37
38
39
Prorated Share of Alfalfa Establishment Cost (Prorated over 3 years)$141.38 $7,068.89 33.33%
40
41
Univeristy of Florida, IFAS, Range Cattle Research and Education CenterUpdated:9/1/2018
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Loading...
Main menu