Not sure about quantities, application rates, or pricing? Describe your situation and the Purdue Extension team will follow up.
Questions about optimal seeding rates, seed pricing, or variety comparisons? Describe your situation.
Questions about pesticide programs, product selection, or application costs? Describe your situation.
For owner/operators: Also include the opportunity cost of labor, or what you could earn working elsewhere.
For reference: The MIT living wage calculator suggests that a four-person household with 2 working adults would need to earn approximately $120,000 pre-tax to cover living expenses โ about $60,000 per working adult. (livingwage.mit.edu)
Not sure how to allocate labor hours across crops? Describe your situation.
Enter your total annual loan/lease payments and annual repair costs for all equipment combined, then divide by your total farm acres. Or use the individual equipment list above to break it down by piece.
Questions about cash rent benchmarks, or how to calculate an ownership equivalent rent? Let us know your situation.
Questions about how to allocate overhead across crops, operating line interest, grain drying, or insurance? Describe your situation.