Cataloguing your infrastructure and equipment data helps OY model your operational costs and capital expenditures with greater accuracy. Capex data includes:
Infrastructure (e.g. washing stations, trellises, processing buildings, etc.);
Equipment (e.g. tractors, harvesters, brush hog, etc.); and
Tools (e.g. loppers, pruners, picking bags, etc.)
Capexes entered in Overyield have an associated fuel consumption rate, depreciation rate, and cost, which all feed into your economic projections.
Where is capex data stored?
Capex data can be farm-specific, team-specific, or public, depending on where the data is created and stored:
Pubic capex data is built into public crop templates.
Assigning a public crop template to a section or row will automatically import the equipment & infrastructure data therein to your Farm dataset, where it can be rightsized and edited to fit a given farm's context.
Capex data can also be stored as Team data.
Team capexes are available in all your team projects.
Duplicating a public template as a team template automatically downloads the public template's capex data to your team dataset, located in your Teams menu.
Creating and Editing Capex Data
To create or edit capex data, navigate to
Equipment & Infrastructure
under your Teams Menu or within Farm Data.Click
New Capex +
to add a new item to your list. Alternatively, click an existing capex to edit its details.Within the capex, specify:
Unit cost
- The total cost of purchasing the item.Quantity
- How many items you plan to purchase.Purchase year
- How many years after your farm Start Date (set in your Project Settings) do you plan to purchase this piece of ePurchase year
Requires fuel
- Is your capex a piece of machinery that uses fuel, such as a truck or tractor? If so, click the checkbox.Fuel/Hour
- Assign a fuel consumption rate.Fuel Type
- Assign a Fuel Type from the dropdown;.
Implement
- Is your capex an implement, such as a drill seeder, brush hog or other tractor attacment? If so, click the check box.Weight class
- Specify a weight class for the implement, which will impact fuel consumption.
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Rightsizing Capex Data
If you’ve used a public or team template in your design, you may need to adjust any assumptions made about scale, mechanization, and infrastructure.
This can all be done via your farm’s Equipment & Infrastructure
page.
The following assumptions may need rightsizing:
Scale: Overyield assumes you are planting between 10 to 20 planted acres of any given crop. As such, you may need to rightsize costs like irrigation infrastructure, harvest bins, and post-harvest storage to better reflect farm size and anticipated yield.
Management: Overyield templates assume a certain level of mechanization for operations such as harvesting, mulching, planting, etc. Farms that plan to manually perform certain activities may need to rightsize not only their operations data, but also their equipment and infrastructure data, to reflect hand-harvesting, hand planting or hand mulching needs.
Capital Expenses: Overyield assumes infrastructure and equipment required for farm operations will be purchased outright, not rented. If you already own certain machinery, or if you do not plan to purchase specialized harvesting equipment or post-harvest processing infrastructure, you will need to rightsize this data.
The easiest way to rightsize capex data is to simply zero out the
unit cost
of an individual item. This removes any associated cost from your economic projections, while retaining the equipment data in your Farm Dataset.