[This report prepared by WinMax 2.0.6.0 at 12:08:28 PM on Sat 4/23/05]
+==============================================================================+
|                           PRODUCTION COST WORKSHEET                          |
|==============================================================================|
| FIELD INFORMATION                                                            |
|   Field ID:   1                Field Name: Field 1          Subfield:        |
|   Operation:  Good Guy Enterprises                                           |
|   State:      Indiana          County:     Tippecanoe                        |
|   Year:       2001             Watershed:                                    |
|------------------------------------------------------------------------------|
|   Project:    IN_Training_Example.mxj                                        |
|   Title:      Indiana Training Example                                       |
|   Cost file:  IN_Training_Example.mcc                                        |
|==============================================================================|
| CROP INFORMATION                                                             |
|   Cur crop: Corn          Planted: 5/5/01               Harvest:  10/20/01   |
|   Cur till: Conventional  Planter: JD 7000 4 row        Fld size: 35.9 Acres |
|   Cov crop:               Rows:    30 Inches            Yield:    180 Bu/A   |
|   Prv crop: Wheat         Residue: 15%                  Moisture: 17.4%      |
|==============================================================================|
| SOILS INFORMATION                                                            |
|   Symbol  Slope  Soil name             Field  Texture  T value  Prod. rating |
|   CtA       1%   Crosby                 67%   SIL     4.0 T/A/Yr             |
|   Md        1%   Mahalasville           33%   SICL    5.0 T/A/Yr             |
|==============================================================================|
| DIRECT CROP INPUTS                   Rate/Acre      Unit cost      Cost/Acre |
|   Seed                                                                       |
|     Becks 5305                      30000 Seeds    92.00/80K Bag     34.50 + |
|------------------------------------------------------------------------------|
|   N-P-K fertilizers                                                          |
|     82-0-0                             61 Pound   250.92/Ton          7.65   |
|   Total applied N-P-K cost                                            7.65 + |
|   N applied + P and K removal cost                                   59.73   |
|------------------------------------------------------------------------------|
|   Manure                                                                     |
|     Swine manure (liquid pit)        5100 Gallon    0.00/Gallon       0.00 + |
|------------------------------------------------------------------------------|
|   Pesticides                                                                 |
|     Bicep II                            3 Quart    37.13/Gallon      27.85   |
|   Total pesticide cost                                               27.85 + |
|------------------------------------------------------------------------------|
|   Field operations                                                           |
|     Inject liquid manure (tractor)      1 Trip     53.70/Trip        53.70   |
|     Chisel (3" points)                  1 Trip     10.85/Trip        10.85   |
|     Disk harrow (tandem)                1 Trip      9.45/Trip         9.45   |
|     Plant corn (conventional)           1 Trip     12.06/Trip        12.06   |
|     Cultivate (field)                   1 Trip      8.12/Trip         8.12   |
|     Spray (floater)                     1 Trip      5.22/Trip         5.22   |
|     Apply anhydrous ammonia (side)      1 Trip      6.58/Trip         6.58   |
|     Harvest corn                        1 Trip     22.11/Trip        22.11   |
|   Total field operation cost                                        128.09 + |
|==============================================================================|
| INDIRECT COSTS                                                               |
|   Actual land cash rent value                                       100.00 + |
|   Soil loss charge                    3.5 Ton < T   No charge         0.00   |
|   Harvest hauling charge                            0.08/Bushel      14.40 + |
|   Drying from 17.4% to 15.0%          2.4 %        0.022/%/Bushel     9.50 + |
|   Interest on $298.09 for 6 months                 10.00%            14.90 + |
|==============================================================================|
| TOTAL COST                                          1.87/Bushel     336.90 = |
|==============================================================================|
| INCOME                              Yield/Acre      Unit price   Income/Acre |
|   Corn @ current price              180.0 Bushel    1.75/Bushel     315.00 + |
|   Corn @ 5-year price               180.0 Bushel    1.99/Bushel     358.20   |
|==============================================================================|
| TOTAL INCOME                                                        315.00 = |
|==============================================================================|
| PROFIT (OR LOSS)                                                    (21.90)  |
+==============================================================================+

+==============================================================================+
|                             NUTRIENT MANAGEMENT                              |
|==============================================================================|
| Field ID:   1                Field Name: Field 1          Subfield:          |
| Operation:  Good Guy Enterprises                                             |
| State:      Indiana          County:     Tippecanoe                          |
| Year:       2001             Watershed:                                      |
|------------------------------------------------------------------------------|
| Project:    IN_Training_Example.mxj                                          |
| Title:      Indiana Training Example                                         |
| Cost file:  IN_Training_Example.mcc                                          |
|------------------------------------------------------------------------------|
| Current crop:   Corn           Yield:  180.0 Bu/A       Goal:   180.0 Bu/A   |
| Cover crop:                    Yield:                   Goal:                |
| Previous crop:  Wheat          Yield:   65.0 Bu/A                            |
|------------------------------------------------------------------------------|
| Phosphorus:   75.0 ppm      Soil pH:   6.3             OM:         2.4%      |
| Potassium:   210.0 ppm      CEC:      16.0 Meq/100g    Nitrate N:            |
|==============================================================================|
|                                                                              |
|                           Fertilizer cost analysis                           |
|                                                                              |
|                                       Avail. N        P2O5         K2O       |
|                                           Lb/A        Lb/A        Lb/A       |
| Crop nutrient needs                        220           0           0       |
|                                                                              |
|   Previous legume N credit                   0                               |
|                                                                              |
|   Nutrients applied as N-P-K                50           0           0       |
|                                                                              |
|   Nutrients applied as manure              171         168         138       |
|                                                                              |
|   N applied in irrigation water              0                               |
|                                                                              |
| Total nutrients supplied                   221         168         138       |
|                                                                              |
| Excess (deficit) applied                     1         168         138       |
|                                                                              |
| Value of excess applied ($/A)            $0.15 Gas  $41.33 Dry  $19.04 Dry   |
|                                       or $0.24 Liq                           |
+==============================================================================+

Explanatory notes:

1. "Total nutrients supplied" is calculated by adding together "Previous
   legume N credit," "Nutrients applied as N-P-K," "Nutrients applied as
   manure," and "N applied in irrigation water."

2. "Excess (deficit) applied" is calculated by subtracting "Crop nutrient
   needs" from "Total nutrients supplied."  Parentheses indicate a deficit,
   which is the additional amount required to meet the crop's needs.  If a
   nutrient need could not be calculated, the corresponding value is blank.

   Excess phosphorus and potassium will likely be available for crop growth
   during future growing seasons.  Excess nitrogen, however, may be lost due
   to denitrification, leaching, or other processes that may remove nitrogen
   from the soil.

   Important!  Excess nutrients such as nitrogen and phosphorus can
   contribute to environmental problems.  You may also be reducing your
   profit margin by applying more fertilizer than what is needed.

3. This report is intended to be the first step in analyzing fertilization
   practices.  For more information, contact your local Cooperative
   Extension Service or Natural Resources Conservation Service office.