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News - Crop Costings - Cereal
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Cereal Crop Margins 2005

Variable Costs excl. VAT (€ /acre)

27 October 2004

Wheat
Feed Barley
Malting Barley
Feed Oats
Feed Milling
Winter Spring Winter Spring Winter Spring
MATERIALS 209 154 182 126 125 146 126
 
Seed 25 30 28 28 28 28 28
Fertilisers 82 60 76 48 46 66 48
  
Sprays:
   Herbicides 20 15 20 15 15 10 10
   Fungicides 63 40 40 30 30 32 32
   Insecticides 14 7 8 6 6 6 6
   Growth Regulators 5 2 9 0 0 3 3
 
HIRE MACHINERY 136 131 125 119 119 125 119
 
Plough, Till and Sow 49 49 49 49 49 49 49
Spray 28 23 23 17 17 23 17
Fertiliser Spreading 17 17 11 11 11 11 11
Harvesting 42 42 42 42 42 42 42
 
MISCELLANEOUS 25 18 21 16 16 21 16
 
Interest (7%) 9 4 8 3 4 7 3
Transport
(€ 4/Tonne)
15 14 13 12 12 14 12
 
TOTAL VARIABLE COSTS 370 303 328 261 260 292 261
 
Tonnes to cover variable costs 3.5 2.8 3.3 2.6 2.3 2.9 2.6
 
Net Price (€/Tonne) 105 110 100 100 115 100 100
AID (SFP)=NOT included 0 0 0 0 0 0 0
Straw (€/ac) 16 12 24 20 20 20 20
  

Gross Margins (€/acre)

Wheat
Feed Barley
Malting Barley
Feed Oats
Feed Milling
Tonnes/acre Winter Spring Winter Spring Winter Spring
 
2.0 -141 -68 -102 -38 -7 -69 -39
2.8 -56 21 -21 42 86 12 42
3.2 -14 66 20 83 133 52 83
3.6 29 110 60 123 179 93 123
4.0 71 155 101 133
4.5 114

The figures in bold in the table directly above are Teagasc target gross margins.

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