Per Unit Costs to Own and Operate Farm Machinery
| dc.creator | Beaton, Aaron J. | |
| dc.creator | Dhuyvetter, Kevin C. | |
| dc.creator | Kastens, Terry L. | |
| dc.creator | Williams, Jeffery R. | |
| dc.date | 2017-04-01T13:57:08Z | |
| dc.date.accessioned | 2026-07-09T04:33:34Z | |
| dc.description | With increasingly thin margins and new technologies, it is important that farm managers know their cost of field operations on a per unit basis (e.g., acre, ton, bale). Accurate per unit costs give confidence when constructing enterprise budgets and evaluating new technologies, such as no-till. Custom rates are often used as a proxy for per unit costs; however, this research, using entropy and jackknife estimation procedures, found that custom rates understate total ownership and operating costs by approximately 25% for an average Kansas farm. Estimates from these models are then used to benchmark actual costs against expected cost. | |
| dc.identifier | doi:10.22004/ag.econ.43720 | |
| dc.identifier | https://ageconsearch.umn.edu/record/43720/files/131-144.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/43720 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/551693 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/43720 | |
| dc.title | Per Unit Costs to Own and Operate Farm Machinery | |
| dc.type | Text |