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Abstract
Specialization in agriculture, along
with larger farm sizes and bigger
equipment, has resulted in more
custom machinery work being
conducted on farms. Often, there is
limited data about the current
custom rate. The Mississippi State
Budget Generator (MSBG) is a tool
that uses a cost approach to
allocating machinery cost on a per
acre basis and can be used in
situations where custom rates are
not well known. When compared to
actual custom work surveys, the
MSBG provides rates that are lower
than the survey results. One
explanation is that the MSBG does
not include any built-in profit.