Machinery Cost Estimates

The University of Illinois periodically calculates machinery costs for tractors, combines, and field equipment. These estimates are useful for setting custom rates for machinery operations, establishing rental rates for farm machinery, and analyzing machinery costs on farms. These costs are estimated using formulas developed by the American Society of Agricultural Engineers. Costs estimates were updated during April 2000. Costs estimates are divided into the following categories:

HTML format	PDF
Tractors: Per hour costs of operating tractors	16K
Field Operations: Per acres costs of performing field operations	18K
Combine Cost: Per acre costs of operating combines for grain harvest	16K
Forage Operations: Costs of baling hay and ensiling forages	18K
Summary Sheet: Lists costs for all operations	15K

Prepared by Gary Schnitkey, Dale Lattz, and John Seimens, College of Agricultural, Consumer, and Environmental Sciences, University of Illinois.