By Cannon Gammill, Customer Success Representative
. . .
Looking ahead to 2020, increased efficiency is going to be a key consideration for many operations. Machinery is one of the most expensive annual costs. Margins are getting tighter and farm managers are going to need to take an in-depth look into what the equipment cost to operate. Farmobile Customer Success Representatives Cannon Gammill and Product Manager Jake Juarez join us on Farmobile Talk YouTube series on our recently-released dashboard and specifically, on one of our favorite new features, the “Machine Cost Calculator”.
WHAT DOES IT LOOK LIKE IN ACTION?
As an example in action, an ag retailer was interested in calculating the cost difference between a lime spreader and a dry fertilizer spreader. Leveraging the machine cost calculator tool, we were able to help this ag retailer put a dollar value on how much more cost-effective it would be to run his dry rig and implement data-driven decisions for more efficient paths for both of his machines.
With the way that the weather’s been, volatility in commodity prices is impacting agriculture’s bottom line. Efficiency is a critical consideration for small farms and regional operations alike.
HOW DOES IT WORK?
- Log-in to your Farmobile DataEngineSM account to see the new tile.
- Add in your annual machine cost. We’re going to ask for things like repairs and maintenance costs, fuel costs, and labor costs, so it helps to have that information on hand!
- Once we have those inputs, we’ll break it down for you by fixed and operating costs, and finally with a per-acre cost.
- Customize your data with custom date ranges and by specifying when the Farmobile PUCTM is on a planter, spreader, combine or other pieces of machinery. This will help you look at the planting cost and the harvest cost per piece of equipment.
- Act on your insights. By knowing the difference in cost per piece of equipment by acre, by season, and even by brand, you can make strategic decisions about how to be more efficient in your operation.
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Cannon grew up in Missouri on his family’s beef farm. He has a degree in Agriculture Systems Management focusing on precision agriculture — making him a great support resource!