Guide to machinery costs and contract rates

Summary

This Primefact has three aims:

  • to alert farmers to the real costs of owning and operating machinery
  • to explain how contract rates are calculated, for those farmers deciding whether they should buy a piece of machinery or contract someone else's
  • to assist those farmers wanting to contract out machinery by showing them how to properly calculate their costs. This will help them arrive at a fair and realistic fee. Commonly, farmers wanting extra income will contract out their machinery but they tend to undercharge



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Primefact 913 First Edition

Published: 01 Sep 2009