Iowa State University Extension and Outreach Ag Decision Maker File A3-29

Grain Truck Transportation Cost Calculator

Ag Decision Maker -- Iowa State University Extension and Outreach
See Estimating Farm Machinery Costs for more information.

Enter your input values in shaded cells.

Input Data Grain Truck or Semi Trailer
Semi Tractor (blank for straight truck)
Purchase price $45,000 $25,000
Years truck will be owned 10 years 20 years
Expected salvage value at end of ownership $20,000 $5,000
Annual cost of repairs and maintenance $3,000 per year $500 per year
Number of tires 10 tires 8 tires
Replacement cost per tire $400 per tire $250 per tire
Lifetime per tire 40,000 miles / tire 50,000 miles / tire
Miles truck driven per year 8,000 miles
Average hauling speed 50 miles/hour
Average miles driven per round trip 60

Bushels hauled per year with this truck 50,000 bushels/year

Bushels hauled per load 1,000 bushels/load
Loading time per load 0.50 hours
Unloading time per load 1.00 hours

Driver labor rate $15.00 $/hour

Interest rate on investment 5%
Price of fuel $2.65 $ per gal.
Fuel efficiency 5.0 miles/gallon

Annual cost of truck license $350

Annual cost of truck insurance $500

Truck Trailer Combination $/mile,

Ownership Costs $/year $/year $/year $ per trip $/bushel round trip
Capital recovery (interest and depreciation) $4,238 $1,855 $6,092 $45.69 $0.122 $0.76
Insurance and license 850 $850 $6.38 $0.017 $0.11
Total ownership cost $5,088 $1,855 $6,942 $52.07 $0.139 $0.87

Operating Costs
Repair and maintenance cost $3,000 $500 $3,500 $26.25 $0.070 $0.44
Tires cost 800 320 1,120 $8.40 $0.022 $0.14
Fuel and lubrication cost 4,664 4,664 $34.98 $0.093 $0.58
Labor cost 3,525 3,525 $26.44 $0.071 $0.44
Total operating cost $11,989 $820 $12,809 $96.07 $0.256 $1.60

Total Ownership plus Operating Costs $17,077 $2,675 $19,751 $148.14 $0.395 $2.47

Version 1.4_82017
Author: William Edwards
Date Printed:
11/5/2019

Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnicity, gender identity, genetic information, marital status, national origin,
pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all programs.) Inquiries regarding non-
discrimination policies may be directed to Ross Wilburn, Diversity Officer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].

http://www.extension.iastate.edu/agdm/crops/xls/a3-29graintransportation.xlsx
Iowa State University Extension and Outreach Ag Decision Maker File A3-29

Grain Truck Transportation Cost Calculator

Ag Decision Maker -- Iowa State University Extension and Outreach
See Estimating Farm Machinery Costs for more information.

Enter your input values in shaded cells.

Input Data Grain Truck or Semi Trailer
Semi Tractor (blank for straight truck)
Purchase price
Years truck will be owned years years
Expected salvage value at end of ownership
Annual cost of repairs and maintenance per year per year
Number of tires tires tires
Replacement cost per tire per tire per tire
Lifetime per tire miles / tire miles / tire
Miles truck driven per year miles
Average hauling speed miles/hour
Average miles driven per round trip

Bushels hauled per year with this truck bushels/year

Bushels hauled per load bushels/load
Loading time per load hours
Unloading time per load hours

Driver labor rate $/hour

Interest rate on investment
Price of fuel $ per gal.
Fuel efficiency miles/gallon

Annual cost of truck license

Annual cost of truck insurance

Truck Trailer Combination $/mile,

Ownership Costs $/year $/year $/year $ per trip $/bushel round trip
Capital recovery (interest and depreciation) $0 $0 $0 $0.00 $0.000 $0.00
Insurance and license 0 $0 $0.00 $0.000 $0.00
Total ownership cost $0 $0 $0 $0.00 $0.000 $0.00

Operating Costs
Repair and maintenance cost $0 $0 $0 $0.00 $0.000 $0.00
Tires cost 0 0 0 $0.00 $0.000 $0.00
Fuel and lubrication cost 0 0 $0.00 $0.000 $0.00
Labor cost 0 0 $0.00 $0.000 $0.00
Total operating cost $0 $0 $0 $0.00 $0.000 $0.00

Total Ownership plus Operating Costs $0 $0 $0 $0.00 $0.000 $0.00

Version 1.4_82017
Author: William Edwards
Date Printed:
11/5/2019

Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnicity, gender identity, genetic information, marital status, national origin,
pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all programs.) Inquiries regarding non-
discrimination policies may be directed to Ross Wilburn, Diversity Officer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].

http://www.extension.iastate.edu/agdm/crops/xls/a3-29graintransportation.xlsx
Iowa State University Extension and Outreach Ag Decision Maker File A3-29

Grain Wagon Transportation Cost Calculator

Ag Decision Maker -- Iowa State University Extension and Outreach
See Estimating Farm Machinery Costs for more information.

Enter your input values in shaded cells.

Tractor Input Data

List price of new equivalent model $200,000
Purchase price $145,000
Age when purchased 5 years
Years tractor will be owned 15 years
Tractor horsepower 175 hp
Total hours of annual use for all purposes 400 hours
Percent of total hours used for hauling grain 20%

Interest rate on investment 5%

Price of fuel $2.25 $ per gal.
Driver labor rate $12.00 $/hour
Loading time per load 0.25 hours
Unloading time per load 0.50 hours

Wagons Wagon # 1 Input Data Wagon # 2

New list price $15,000 $20,000
Purchase price $13,000 $12,500
Age when purchased 0 years 3 years
Years to be owned 20 years 17 years
Capacity of wagon, bushels 500 bushels/year 600 bushels
Bushels hauled per year in these wagons 50,000 bushels/year
Average miles per trip 10 miles round trip

Tractor Wagons Combination $/mile,

Ownership Costs (for hauling grain) $/year $/year $/year $ per trip $/bushel round trip
Capital recovery (interest and depreciation) $2,487 $2,210 $4,697 $103.34 $0.094 $10.33
Taxes, insurance $145 $128 $273 $6.00 $0.005 $0.60
Total ownership cost $2,632 $2,337 $4,970 $109.33 $0.099 $10.93

Operating Costs
Repair cost $1,120 $263 $1,383 $30.42 $0.028 $3.04
Fuel and lubrication cost $1,594 $1,594 $35.07 $0.032 $3.51
Labor cost $1,369 $1,369 $30.12 $0.027 $3.01
Total operating cost $4,083 $263 $4,346 $95.60 $0.087 $9.56

Total Ownership plus Operating Costs $6,715 $2,600 $9,315 $204.93 $0.186 $20.49

Version 1.4_82017
Author: William Edwards
Date Printed:
11/5/2019

Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnicity, gender identity, genetic information, marital status, national origin,
pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all programs.) Inquiries regarding non-
discrimination policies may be directed to Ross Wilburn, Diversity Officer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].

http://www.extension.iastate.edu/agdm/crops/xls/a3-29graintransportation.xlsx
Iowa State University Extension and Outreach Ag Decision Maker File A3-29

Grain Wagon Transportation Cost Calculator

Ag Decision Maker -- Iowa State University Extension and Outreach
See Estimating Farm Machinery Costs for more information.

Enter your input values in shaded cells.

Tractor Input Data

List price of new equivalent model
Purchase price
Age when purchased years
Years tractor will be owned years
Tractor horsepower hp
Total hours of annual use for all purposes hours
Percent of total hours used for hauling grain

Interest rate on investment

Price of fuel $ per gal.
Driver labor rate $/hour
Loading time per load hours
Unloading time per load hours

Wagons Wagon # 1 Input Data Wagon # 2

New list price
Purchase price
Age when purchased years years
Years to be owned years years
Capacity of wagon, bushels bushels/year bushels
Bushels hauled per year in these wagons bushels/year
Average miles per trip miles round trip

Tractor Wagons Combination $/mile,

Ownership Costs (for hauling grain) $/year $/year $/year $ per trip $/bushel round trip
Capital recovery (interest and depreciation) $0 $0 $0 $0.00 $0.000 $0.00
Taxes, insurance $0 $0 $0 $0.00 $0.000 $0.00
Total ownership cost $0 $0 $0 $0.00 $0.000 $0.00

Operating Costs
Repair cost $0 $0 $0 $0.00 $0.000 $0.00
Fuel and lubrication cost $0 $0 $0.00 $0.000 $0.00
Labor cost $0 $0 $0.00 $0.000 $0.00
Total operating cost $0 $0 $0 $0.00 $0.000 $0.00

Total Ownership plus Operating Costs $0 $0 $0 $0.00 $0.000 $0.00

Version 1.4_82017
Author: William Edwards
Date Printed:
11/5/2019

Iowa State University Extension and Outreach does not discriminate on the basis of age, disability, ethnicity, gender identity, genetic information, marital status, national origin,
pregnancy, race, religion, sex, sexual orientation, socioeconomic status, or status as a U.S. veteran. (Not all prohibited bases apply to all programs.) Inquiries regarding non-
discrimination policies may be directed to Ross Wilburn, Diversity Officer, 2150 Beardshear Hall, 515 Morrill Road, Ames, Iowa 50011, 515-294-1482, [email protected].

http://www.extension.iastate.edu/agdm/crops/xls/a3-29graintransportation.xlsx