UkrAgroConsult updated universal yield calculator for grwoing agricultural crops
2011-11-23 15:34:14
Due to the tendency of decrease in market prices for grains and oilseeds, data for calculations within "margin calculator" were adjusted. Calculator is available for free use on the official website of UkrAgroConsult (see more details here).
This new tool caused an increased interest among the visitors of our Internet portal. Assessment of the calculator and objectivity of its figures by market participants is very important for us. The responses appeared to be positive, so this service of marginal revenue calculation is effective for users.
As previously reported, Commodity Market Analyst "UkrAgroConsult" developed a multipurpose calculator for computing the marginal revenues from 1 hectare of land when producing 6 types of crops in Ukraine (wheat, corn, barley, rapeseed, soybean and sunflower).
The marginal revenue calculation takes into account costs of key inputs: seeds, fertilizers, fuels, herbicides, pesticides, use of machinery, land lease, yield, wages, and projected selling price. It deals with two farming types: extensive and intensive ones.