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Machinery Costs on Danish Farms

Author

Listed:
  • Jacobsen, Brian H.
  • Poulsen, Bjarke

Abstract

Detailed analyses of machinery costs carried out on 500 full-time farms in Denmark from 1990 to 1996 show that the average machinery costs are 2,845 DKK per hectare before labour costs and 4,125 DKK per hectare after labour costs. The farms analysed have an average acreage of 136 hectares and consist of arable-, pig- and dairy farms. Arable farms have the lowest costs and dairy farms the highest and the costs are falling with increased acreage. The paper finishes with recommendations on how farmers can make a quick estimate of their own machinery costs and improve their investment planning.

Suggested Citation

  • Jacobsen, Brian H. & Poulsen, Bjarke, 1997. "Machinery Costs on Danish Farms," 11th Congress, University of Calgary, Canada, July 14-19, 1997 346395, International Farm Management Association.
    • Handle: RePEc:ags:ifma97:346395
    DOI: 10.22004/ag.econ.346395
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    Keywords

    Farm Management;

    Statistics

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