Agriculture Reference
In-Depth Information
Table 8.17.
Continued.
Average when
irrigated
Variables
Observations
Other costs and variable charges (
€
/ha)
39.32
+190.27
Irrigation costs
Total of all variables for the crop (
€
/ha)
613.89
Cost of harvesting (
€
/ha)
198.08
Equivalent to
€
24.76/t × 8 t
Cost of mowing and sheafing (
€
/ha)
Included in the harvesting costs
Cost of baling (
€
/ha)
Included in the harvesting costs
Transport costs (
€
/ha)
131.20
Equivalent to
€
16.40/t × 8 t
Total of all variables for harvesting (
€
/ha)
329.28
Fixed mechanical costs (
€
/ha)
Variable labour costs (
€
/ha)
Total costs
943.17
Equivalent to a spend of
€
117.89/t
of straw
Table 8.18.
Operating margins for irrigated hemp cultivation in Australia.
Total revenue
1243.20
Without subsidies
Total costs
943.17
Operating margin
+
300.03/ha
Equivalent to a margin of
37.50/t
€
€
of straw
8.4.7 Presentation of
data from the UK
Unfortunately, this information is some-
what incomplete, as we do not have data for
the fixed mechanical costs or the labour costs.
The figures obtained from these data there-
fore provide us with a rough margin of pro-
duction rather than the more accurate
operating margin provided for the previous
examples.
At the time of writing, there is only one com-
pany (Hemcore Ltd) in the UK that processes
industrial hemp. The data presented below
are drawn from the ADAS report cited ear-
lier, itself based on data provided by this
company.
Table 8.19.
Revenue generated for hemp production in the UK.
Variables
Average 2000-2004
Observations
Straw yield (t/ha)
5.5
Seed yield (t/ha)
0.00
Crops were not combined
Sale price of straw (
€
/t)
147.21
Sale price of seed (
€
/t)
0
Revenue from straw (
€
/ha)
809.65
Revenue from seed (
€
/ha)
0
Total revenue
809.65
Equivalent to an income of
€
147.20/t of straw
Note
: These calculations were undertaken using the average exchange rate for December 2005, where
€
= £0.6793.
