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Hay Storage Shed Cost Planner Printed: 1/25/2018

*** Enter changes to BLUE values only ***

Hay Storage Shed Cost Calculator
Input section:
Hay Shed Size - width 80 feet
Hay Shed Size - length 200 feet
Hay Shed Size - height 20 feet = 1,067 ton square bale capacity
Shed Construction Cost $ 178,000
Crushed Rock Base Cost $ 50,000
Total Capital Cost $228,000 = $214 Total Capital Cost per Ton
Hay value loss - unprotected storage 7.0% per year

Low Medium High

Value of Hay ($ per ton) $ 70 $ 110 $ 200

Insurance cost
Investment rate % Repair rate % % Taxes % Other
2.50% 0.25% 0.50% 0.50% $ -

Useful Shed Lifespan (years) 20 25 30

Ending Salvage Value (% of original) 10% 5% 0%
Ending Salvage Value $22,800 $11,400 $0

Annual Cost
Hay Storage Shed Cost Calculations: 20 Years 25 Years 30 Years
Depreciation Cost $10,260 $8,664 $7,600
Investment Cost $3,135 $2,993 $2,850
Repair Cost $570 $570 $570
Insurance cost $1,140 $1,140 $1,140
Taxes $1,140 $1,140 $1,140
Other $0 $0 $0
Total Cost Per Year $16,245 $14,507 $13,300
Total Annual Cost ($ Per Ton) $15.23 $13.60 $12.47
Breakeven Hay Value ($ per ton) $217.57 $194.28 $178.13

Value of Hay
Value of Hay ($ per ton) $ 70 $ 110 $ 200
$ Value loss per ton @ 7 % loss/year $4.90 $7.70 $14.00
Hay Value Loss vs Storage Shed Cost
Profit or Loss $ per ton (20 year shed life) ($10.33) ($7.53) ($1.23)
Profit or Loss $ per ton (25 year shed life) ($8.70) ($5.90) $0.40
Profit or Loss $ per ton (30 year shed life) ($7.57) ($4.77) $1.53
Breakeven Hay Value Loss
% Loss per ton (20 year shed life) 21.8% 13.8% 7.6%
% Loss per ton (25 year shed life) 19.4% 12.4% 6.8%
% Loss per ton (30 year shed life) 17.8% 11.3% 6.2%

Note: This budget is only a guide and is not intended as an in-depth study of forage storage facility planning. Interpretation and use of this
information is the responsibility of the user. If you need help with a budget, contact your local Manitoba Agriculture GO Office.

Created and maintained by Manitoba Agriculture Farm Management November, 2016

For more information, contact your local Manitoba Agriculture GO Office or:

Roy Arnott Tim Clarke

Farm Management Specialist Farm Production Extension

Manitoba Agriculture, Food and Rural Development

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Hay Storage Tarp Cost Planner Printed: 1/25/2018

*** Enter changes to BLUE values only ***

Hay Storage Tarp Cost Calculator
Input section:
Hay Tarp Size - width 25 feet
Hay Tarp Size - length 48 feet
Hay Tarp overhang length 3 feet
Bale Stack Height 12 feet = 12,600 cubic feet of hay
= 42 tons of hay
Tarp Cost $ 150
Rope and Weights $ 25
Total Capital Cost $175 = $4.17 Total Capital Cost per Ton
Hay value loss - unprotected storage 7.0% per year
Low Medium High
Value of Hay ($ per ton) $ 70 $ 110 $ 200

Installation Labour Rate ($

Investment rate Repair rate % Labour per hour) Other
2.50% 5.00% 2 $ 20 $ -

Useful Tarp Lifespan (years) 1 3

Ending Salvage Value (% of original) 0% 0%
Ending Salvage Value $0 $0

Annual Cost
Hay Tarp Cost Calculations: 1 Years 3 Years
Depreciation Cost $175.00 $58.33
Investment Cost $2.19 $2.19
Repair Cost $8.75 $8.75
Intallation Cost $40.00 $40.00
Other $0.00 $0.00
Total Cost Per Year $225.94 $109.27
Total Annual Cost ($ Per Ton) $5.38 $2.60
Breakeven Hay Value ($ per ton) $76.85 $37.17

Value of Hay
Value of Hay ($ per ton) $ 70 $ 110 $ 200
$ Value loss per ton @ 7 % loss/year $4.90 $7.70 $14.00
Hay Value Loss vs Storage Shed Cost
Profit or Loss $ per ton (1 year life) ($0.48) $2.32 $8.62
Profit or Loss $ per ton (3 year life) $2.30 $5.10 $11.40
Breakeven Hay Value Loss
% Loss per ton (1 year tarp life) 7.7% 4.9% 2.7%
% Loss per ton (3 year tarp life) 3.7% 2.4% 1.3%

Note: This budget is only a guide and is not intended as an in-depth study of forage storage facility planning. Interpretation and use of this
information is the responsibility of the user. If you need help with a budget, contact your local Manitoba Agriculture GO Office.

Created and maintained by Manitoba Agriculture Farm Management November, 2016

For more information, contact your local Manitoba Agriculture GO Office or:

Roy Arnott Tim Clarke

Farm Management Specialist Farm Production Extension

Manitoba Agriculture, Food and Rural Development