Machinery Costs

Farm machinery makes up a significant part of the fixed and variable costs for any farm operation. Use the resources found below to help estimate these costs and provide information to maximize farm profitability.

Successfully managing and planning your business success starts with you. Contact your local Manitoba Agriculture GO Office for the support, advice and resources you need to make sound decisions for the continued success of your farm business.  If you have questions, email us and a farm management specialist will contact you.

Estimating farm machinery costs

The Farm Machinery Custom and Rental Rate Guide (PDF 966 KB) can help estimate these costs and provide the information you need to maximize farm profitability. 

Download the macro enabled excel spreadsheet version: 2016/17 Saskatchewan and Manitoba Farm Machinery Custom and Rental Rate Guide Calculator (EXCEL 737 KB)

Note:  If you are running Microsoft Office 2003or Office XP, you can download and install the Office Compatibility Pack update (FileFormatConverters.exe), so that you can open, edit, and save files that were created in Microsoft Office 2007 or newer.  Go to the Microsoft Download Center (www.microsoft.com/downloads) to run and install the Compatibility Pack.

 

Buying or leasing farming equipment

Lease or buy: the best equipment option. The past few years of strong commodity prices has many producers using their profits to upgrade their equipment. It’s important to consider the pros and cons for your particular operation, before you decide to buy or lease new equipment.