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Cost to haul soybeans
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Conan the Farmer
Posted 2/10/2017 17:52 (#5830848 - in reply to #5830767)
Subject: RE: Cost to haul soybeans



South Central Iowa
You're probably going to haul 900 bushel per load, you want to be legal. So that is 6 trips with a remainder of 600 bushel that you will take to your local place; so let's cut it off.

5,400 bushel x $0.43 = $2,322

I figure that it costs $0.60 an actual mile for fuel. You have a net difference of 95 miles. That would be $108 per trip in extra cost. On 6 trips your cost will be $648.

$2,322 - $648 = $1,674

It will likely take you 5 hours to cycle to the river. Your local place will probably take 1 hour. Net difference of 4 hours per cycle. 6 cycles will take 24 extra hours.

$1,674 / 24 hours = $69.75 per hour

Is your time worth $69.75 per hour?

Edited by Conan the Farmer 2/10/2017 17:53
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