Effect of Increasing Fuel Price on Machinery Cost Estimates

Thomas W. Dorn, Extension Educator, UNL-IANR

Tractor or	Annual	Diesel	Operating¹	Operating¹	Change in
Combine	Hours	Use/hr	Expense	Expense	Operating Exp/hr
Size	of Use	Gallons	Per Hour	Per Hour	per $0.10/gal
			With diesel	With diesel	change in price
			@ $.70/gal	@$1.10/gal	of Diesel
Tractors
40 HP	400	1.8	2.09	2.90	0.20
60 HP	400	2.6	2.90	4.12	0.31
75 HP	400	3.3	3.62	5.14	0.38
105 HP MFWD	450	4.6	4.75	6.88	0.53
130 HP MFWD	450	5.7	5.95	8.58	0.66
160 HP MFWD	500	7.0	7.50	10.73	0.81
200 HP MFWD	500	8.8	9.22	13.26	1.01
225 HP MFWD	400	9.9	10.01	14.56	1.14
260 HP 4WD	400	11.4	10.79	16.05	1.32
310 HP 4WD	400	13.6	12.78	19.05	1.57
360 HP 4WD	400	15.8	14.73	22.01	1.82
425 HP 4WD	400	18.7	17.42	26.02	2.15
Combines
190 HP	300	8.4	27.35	31.20	0.96
220 HP	300	9.7	29.52	33.97	1.11
275 HP	300	12.1	35.88	41.44	1.39

Table based on Minnesota Farm Machinery Economic Cost Estimates for 1999 using $0.70/gal diesel price and March 14, 2000 revision using $1.10 per gal diesel price.
by: William Lazarus, Extension Economist - Farm Management. Department of Applied Economics, University of Minnesota. This publication was revised again in 2001 using $1.00 per gallon diesel price.

¹ Operating expenses include fuel, oil, repairs and maintenance but not labor, which is shown separately in the implement tables in the publication.

These power units are matched to field equipment in the publications. See the 2000 publication or the 2001 publication for more details.

Return to the Crops Page

Return to the Ag/Acreage front Page