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2- Corn Soybean Rotation

Operating and Capital Budget Calculation View

Operating Budget NPV Calculator

Introduction
This tool calculates net present value totals for operating and capital budget uris. The discounted totals include operating, allocated overhead, capital, and incentive-adjusted totals. Annual totals reflect the cost for operations or components that have an effective life different than 1 period.

Calculation View Description
This example displays a typical two year crop operation. The second year time period has been set as the common reference point for discounting. Note the resultant discounting in the first and second years. V218c

Version: 1.7.0

Feedback About crops/budget/2- Corn Soybean Rotation/273071632/budget

Step 1 of 3. Make Selections


Step 2 of 3. Calculate

Relations

Use In Childs?
Overwrite Childs?

Step 3 of 3. Save

Method 1. Do you wish to save step 2's calculations? These calculations are viewed by opening this particular calculator addin.



Instructions (beta)

Step 1

  • Step 1. Real and Nominal Rates: The nominal rate includes inflation while the real rate does not. In the USA, DevTreks recommends using Office of Management and Budget rates for the same year as the date of the input.

Step 2

  • Step 2. Use Same Calculator Pack In Descendants?: True to insert or update this same calculator in children.
  • Step 3. Overwrite Descendants?: True to insert or update all of the attributes of this same calculator in all children. False only updates children attributes that are controlled by the developer of this calculator (i.e. version, stylehsheet name, relatedcalculatorstype ...)
  • Step 2. What If Tag Name: Instructional videos explaining the use of what-if scenario calculations should be viewed before changing or using this parameter.
  • Step 2. Related Calculators Type: When the Use Same Calculator Pack in Descendant is true, uses this value to determine which descendant calculator to update. Inserts a new descendant when no descendant has this same name. Updates the descendant that has this same name.
  • Step 2. Alternative Type: This property is used to analyze differences between Alternatives.
  • Step 2. Target Type: This property is used to analyze progress being achieved with budget goals.
  • Step 2. Calculated Results: Please refer to the references below.

References

  • Hallam, Eidman, Morehart and Klonsky (editors) Commodity Cost and Returns Estimation Handbook, Staff General Research Papers, Iowa State University, Department of Economics, 1999

Current view of document
2- Corn Soybean Rotation
Budget Group : Operating Budgets, Common Agricultural Examples
Document Status : underrevision
Description : Common examples of agricultural budgets.
Label : 8.3 Budget Type : 42
Date : 12/31/2009 12:00:00 AM Last Changed : 8/18/2009 12:00:00 AM
Budget :2- Corn Soybean Rotation
Label 1 Label 2 Last Modif. Init. Value Salv. Value Interest Rates Nom. Rate Real Rate
none none 5/15/2012 12:00:00 AM 0.0000 0.0000 0.0900 0.0500
Description
This operating budget demonstrates best practices for conducting commodity cost and return estimates for typical crop rotations,
Time Period : Corn
Ending Date Common Ref.? Discount? Enterprise Amt. Enter. Unit Growth Type Growth Periods
12/31/2003 True True 1 acre 1 0
Time Period Year 1, corn Last Changed 5/15/2012 12:00:00 AM
Description
Sample data sets are used in DevTreks tutorials.
Label none Incentive Amount 0.0000 Incentive Rate 0 Overhead Factor 1
Revenues
Totals Annual Totals
Total Revenue -Time Period 336.45 336.45
Total Incentive Ben -Time Period 336.45 336.45
Costs
Operating Costs (OC)
Total Operating Costs -Time Period 190.44 190.44
Net Operating Profits -Time Period 146.01 146.01
Allocated Overhead Costs (AOH)
Total Allocated Overhead Costs -Time Period 162.04 162.04
Net Operating and Overhead Profits -Time Period -16.03 -16.03
Capital Costs (CAP)
Total Capital Costs -Time Period 0.00 0.00
Net Profits -Time Period -16.03 -16.03
Incentive Costs (INCENT)
Total Incentive Costs -Time Period 352.48 352.48
Net Incentive Profits -Time Period -16.03 -16.03
Time Period : Soybeans
Ending Date Common Ref.? Discount? Enterprise Amt. Enter. Unit Growth Type Growth Periods
12/31/2004 False True 1 acre 1 0
Time Period Year 2, soybeans Last Changed 5/15/2012 12:00:00 AM
Description
Sample data sets are used in DevTreks tutorials.
Label none Incentive Amount 0.0000 Incentive Rate 0 Overhead Factor 0.01
Revenues
Totals Annual Totals
Total Revenue -Time Period 209.46 209.46
Total Incentive Ben -Time Period 209.46 209.46
Costs
Operating Costs (OC)
Total Operating Costs -Time Period 100.76 100.76
Net Operating Profits -Time Period 108.70 108.70
Allocated Overhead Costs (AOH)
Total Allocated Overhead Costs -Time Period 176.48 176.48
Net Operating and Overhead Profits -Time Period -67.78 -67.78
Capital Costs (CAP)
Total Capital Costs -Time Period 0.00 0.00
Net Profits -Time Period -67.78 -67.77
Incentive Costs (INCENT)
Total Incentive Costs -Time Period 277.24 277.24
Net Incentive Profits -Time Period -67.78 -67.77
Budget Totals and Nets Totals Annual Totals
Total Revenue -Budget 545.91 545.91
Total Operating Costs -Budget 291.19 291.19
Net Operating Profits -Budget 254.72 254.72
Total Allocated Overhead Costs -Budget 338.52 338.52
Net Operating and Overhead Profits -Budget -83.80 -83.80
Total Capital Expenditure Costs -Budget 0.00 0.00
Net Profits -Budget -83.80 -83.80
Equivalent Annual Annuity -Budget -45.07
Total Incentive Ben -Budget 545.91 545.91
Total Incentive Costs -Budget 629.72 629.72
Net Incentive Profits -Budget -83.81 -83.80
Dataset: 2- Corn Soybean Rotation IRI This operating budget demonstrates best practices for conducting commodity cost and return estimates for typical crop rotations,

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https://www.devtreks.org/agtreks/linkedviews/crops/budget/2- Corn Soybean Rotation/273071632/budget









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