Hay Share Calculator version 1.

3 Last updated: Sept 30, 2014

NOTICE:

All rights reserved. Copyright and all other intellectual property rights in the Hay Share Calculator,
and all manuals, documentation and other material pertaining to this software, belong exclusively
to the Government of Saskatchewan. This software is provided solely for the personal use of the purchaser
under a non-exclusive license, and may not be copied, modified, published, sold or distributed to any third
party, or transmitted in any form or by any means whether electronic, mechanical, photocopying, recording
or otherwise, in whole or in part, without the express written permission of the Saskatchewan Ministry of
Agriculture.

Disclaimer: This software is provided without warranty on an "as is" basis. The Government of
Saskatchewan and its agents assume no liability or responsibility whatsoever with respect to loss or
damage caused by, or alleged to be caused by, the use or operation of this software.
 Hay Share Calculator version 1.3 - Overview

The Hay Share Calculator is designed to calculate the cost per ton (2,000 lbs) of
baled hay produced. It also calculates the value of standing hay (as fed moisture content).

It then establishes a fair hay share between the landlord and tenant for the hay
(baled and sitting in the field).

Enter values in the "Blue Colored" cells. All other cells are calculated. Position the
cursor over the Red Triangles for additional information.

For more information, contact:

Morley Ayars, PAg
Regional Farm Business Management Specialist
Saskatchewan Ministry of Agriculture
North Battleford, Saskatchewan
Phone: (306) 446-7479 or e-mail: morley.ayars@gov.sk.ca

Bryan Doig, PAg

Provincial Feeds/Regional Forage Specialist
Saskatchewan Ministry of Agriculture
North Battleford, Saskatchewan
Phone: (306) 446-7477 or e-mail: bryan.doig@gov.sk.ca
 Cost of Producing Hay
Enter values in Blue cells
(Place Cursor over Red Triangles to see additional Comments)

Interest on Operating Loan 3.5%

Hay Yield per Acre 1.5 tons (as fed moisture content)
Longevity of Stand 10 years
Average Bale Weight 1,400 lbs
Year of Annual Costs
Establishment of Production
(per acre) (per acre)
Establishment Costs $ 16.61
Seed Cost $ 33.00
Fertilizer $ 45.00 $ -
Herbicide $ 7.00 $ -
Crop Insurance $ 2.95 $ 2.95
Custom Seeding Cost $ 16.94
Custom Cutting Cost $ 19.41
Custom Spraying $ 7.00 $ -
Custom Fertilizer Application $ - $ -
Land Cost $ 35.00 $ 35.00
Miscellaneous $ - $ -
Custom Baling Cost (per bale) $ 9.55 per bale
Custom Baling Cost (per acre) $ 20.46 per acre
Interest on Operating $ 2.57 $ 1.65
Total Costs per Acre $ 149.46 $ 96.08 per acre

Total Costs per Ton of Baled Hay Produced $ 64.06 per ton (as fed moisture content)
Total Costs per Bale $ 44.84 1,400 lb bale

Note: Custom rates include labour, depreciation, fuel, repairs and maintenance,
and interest on investment.
The Farm Machinery Custom Rate and Rental Guide is available on the Saskatchewan Ministry
 Value of Standing Hay
Enter values in the Blue cells

Calculated
Values
Market Value $ 80.00 per ton of Baled Hay
Risk Factor 15%
Bale Weight 1,400 lbs
Custom Cutting Cost $ 9.06 per bale
Custom Baling Cost $ 9.55 per bale

Value of Standing Hay $ 41.42 per ton

 Hay Rent Shares
(Contributions Approach)

Landlord's Tenant's Total Costs

Total Costs Total Costs Contributed
(per acre) (per acre) (per acre)
$55.51 $40.57 $96.08

Landlord's Tenant's
Share of Share of
the Hay the Hay
58% 42%