Cost of Production
1. Murray Valley Winegrape Cost of Production 2010/11
Prepared for: Murray Valley Winegrowers’ Inc. By: Mary Retallack, Retallack Viticulture
2. Murray Valley Winegrape Cost of
Production 2008/09 Prepared for: Murray Valley Winegrowers’ Inc.
By: Mary Retallack, Retallack Viticulture
June 2012
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Appendix 1
Background information flyers for winegrowers
Capacity Building for Australian Wine Grape Growers Cost of Production Project ‐ Flier
Murray Valley Winegrowers’ Inc is carrying out a Cost of Production Project using the WGGA data collection template. This follows on from a similar project in 2008 and has been made possible via funding from the Grape and Wine Research and Development Corporation.
What will it achieve? Accurate, up‐to‐date information on the real costs of growing wine grapes in the Murray Valley. A clearer picture of how income and costs have changed over recent years and how the profitability of wine grapes has been
affected. A greater insight into the gross margin for wine grapes from vineyards of different sizes and management structures. More informed discussions with wineries on grape prices, the sustainability of wine grape producers and the industry in general.
How do we intend to collect this information? We are seeking help from interested growers to provide their vineyard income and cost figures for the project. Growers will be sent a template for data entry to enter their financial data (either electronically or manually), or you can provide
raw data for us to enter. All data will be combined and arranged so you will not be identified.
THE SHEETS WILL BE CODED TO ENSURE DATA IS KEPT ANONYMOUS AND CONFIDENTIAL
What do you get out of it? A copy of the regional comparative analysis summary. The satisfaction that you are helping your grower organization achieve a more transparent, equitable and sustainable wine grape
industry. Workshops are scheduled to be held by Retallack Viticulture in Swan Hill, Robinvale and Mildura in December to present an
analysis of the data we have collected.
What do interested growers do now? Background information and a data entry template are attached. Please contact Liz Singh if you have any questions. Please forward your financial data to the MVWI office by Friday 23rd October, 2009.
Liz Singh ‐ Industry Development Officer PO Box 2745, Mildura, Vic, 3502 Ph: (03) 5021 3911 Fax: (03) 5023 2335 [email protected]
Capacity Building for Australian Wine Grape Growers
Cost of Production Project – Background Information
Step 1 ‐ Data Collection Template Growers are asked to enter their enterprise income and cost data into a simple Excel template, from either tax return ‘Profit and Loss (Income)’ statements or farm records (most recent 2008/09) and prior seasons (if available).
The template categories are broadly divided into Operating (variable) costs and Overhead (fixed) costs (descriptors are included in the template). If you wish to supply your ‘raw’ data we can collate this on your behalf (further info below).
Confidentiality
Financial data supplied is coded so it cannot be traced back to an individual grape grower when this data is published. Growers are asked to provide their enterprise data (income and costs) along with the area in production for growing wine grapes. This data can then be reported on a $/hectare basis providing a standardised unit for reporting while maintaining confidentiality.
Growers are asked to answer two simple background questions. This allows the data to be coded and assessed on a regional basis by:
The management structure of the business; The source of water for irrigation purposes.
Step 2 –Data Management and Reporting Once data is received it will be consolidated into a comprehensive regional data set. Average values for each input cost can then be presented as feedback.
Average $/ha costs are graphed to provide a visual summary of the income and costs for growing wine grapes, over recent seasons (or for individual seasons).
A summary page for each grower who contributes data to this project can be provided on request, detailing their own income and production costs alongside the regional cost of production data.
Part of this project is to assess regional vineyard income and production costs and to calculate gross margins ($/ha) for a range of vineyard sizes and models. Working closely with growers ensures the financial information collected is both current and reflective of a range of vineyard enterprise models.
Are you interested in participating?
We acknowledge there are a number of issues involved in collecting financial data and can offer the following comments:
Confidentiality. We understand the importance of keeping grower’s data anonymous. Vineyard data supplied will be handled confidentially and will not be able to be traced back to individuals when used in this project. Each data set is coded prior to analysis to ensure confidentiality.
Scope of data. Enterprise data is sought for the 2007/08 and 2008/09 seasons (where available).
Format. A standardised template is provided for the collation of data or you may wish to forward a copy of your ‘Profit and Loss (Income)’ statement to MVWI so they can allocate these costs.
The next step
If you would like to participate in this project this can be done in a number of ways (choose the method which best suits you). 1. Send a copy of your enterprise production income and expenses data entered into the supplied template.
- Enter your data into the supplied template. This process takes about 30 minutes (to allocate costs to the specified headings).
2. If you wish to supply your ‘raw’ data we can collate this on your behalf. - Send a copy of your enterprise ‘Profit and Loss (Income)’ statement from you tax records. - If you currently use record keeping software, please send a print a copy of your financial summary.
If you send raw data (not using the supplied template) please provide the following details with your financial information. − Answers to enterprise ‘background information’ questions − Clearly date the financial year of the data supplied ie 2008/09 − The size of your property (area planted to vines and any other crops)
This information will be handled confidentially. − If you have any concerns you may wish to remove your company name from the header of any information
supplied. On a separate sheet of paper you will be asked to supply your name and contact details. This will be used to send collated regional cost of production results to you and invite you to the presentation of the final report and findings in your local area.
Please forward your financial data to the MVWI office by Friday 23rd October, 2009.
Step 3 – Feedback Presentation of Project Results
You will be invited to a presentation in December which will outline the results of this regional cost of production project.
Comments
Recent circumstances including changing seasonal conditions, drought, market (supply and demand) etc have had an over‐riding effect on a growers capacity to generate income (price and tonnage) and manage their production costs (water etc). The result of this shift is that past cost of production data will be of interest but perhaps of limited use for future projections.
Our sense is that production costs are as ‘lean’ as growers can achieve to grow their fruit to specification (water being the exception). The real variable in this equation is the potential for growers to generate income to cover these costs (and any ceiling on the capacity to do so). Given the extent of these variables, it is important for smaller growers to have a mechanism to assess their capacity to generate a suitable margin to cover all enterprise costs (operational, overhead and debt servicing).
WGGA’s VineBiz Program
If you are interested in finding out more about you financials, Wine Grape Growers Australia (WGGA) have developed the VineBiz Financial ‘Ready Reckoner’ that captures both enterprise and management unit costs. The ‘Ready Reckoner’ is a powerful tool which can be used to measure a grower’s financials data in a standardised way and help with decision making in the future.
VineBiz Workshops will be run in the Murray Valley in early October 2009.
Capacity Building for Australian Wine Grape Growers
Cost of Production – Check List and Contact Info
Check List Tick
1. I have answered the two Vineyard Enterprise Background Information questions (Sheet 1)
2a. I have attached my enterprise financial data for 2007/08 (and 2008/09 if available). Data has been entered into the supplied template (one template per financial year) (Sheet 2), OR
2b. I have attached photocopies of my ‘Profit and Loss (Income)’ Statements
I have clearly stated the financial year and area of wine grapes in production (ha).
3. Please fill in your contact details (below) so we can provide feedback to you at the end of the project and invite you to a presentation of the regional results in December 2009.
Your enterprise and contact information remains confidential
Name
Address
Please return this sheet (with attachments listed in the checklist) by Friday 23rd October to:
Murray Valley Winegrowers’ Inc Cost of Production Project Liz Singh ‐ Industry Development Officer
PO Box 2745, Mildura, Vic, 3502 Ph: (03) 5021 3911 Fax: (03) 5023 2335
Appendix 2
Data collection template used to capture the cost of production
Location of Vineyard (Circle Region) Mildura Region Robinvale Region Swan Hill Region
Management Strucutre (please circle) Owner ManagerSmall Vineyard
Owner ManagerMedium Vineyard
Owner ManagerLarge Vineyard
Corporate/Investor OwnerLarge Vineyard
Water Source (please circle) Private Water Diverter
Irrigator within Pumped Districts
Yes No I will speculate on the spot market
Yes No Occasionally
Ha
Sheet 1: Murray Valley Winegrowers' Cost of Production - Vineyard Enterprise Background Information
The owner manages the business but employs a full time vineyard manager for operational work, monitoring, planning etc. Contractors and casuals are also used.
A full-time vineyard manager is employed plus permanent employees, casuals and contractors (similar to No. 3 but Corporate or Investor owned, which will (may) have different overhead costs)
Q1
Q2
Owner/operator who has one or two permanent workers (for example vineyard hand or tractor driver) and uses casuals and contractors.
Owner/operator who does not employ any outside permanent labour but does use contractors/casuals for some tasks ie harvesting, pruning.
Do you have a grape purchase contract for the upcoming season? (Circle)
I have off farm income (Circle)
Water is sourced directly from a river or bore, annual water access fees are usually low but pumping costs (power) are high.
Water is sourced from an irrigation water provider who supplies water to the farm gate. Annual water fees are usually high but pumping costs (for the grower) are low.
Variety
Q3
Q6 List the winegrape varieties grown on your property.
Q4
Q5
Ha
Tonnes
Ha
Did you mothball any varieties for the financial year listed?
If so, please list varieties and area (ha).
Crop
Variety
Variety
Did you harvest any fruit onto the ground in the financial year listed?
If so, please list varieties and estimated volume (tonnes).
Q9
Q8
Q7
Do you grow crops other than winegrapes?
If so, please list the crops grown and the area (ha)
CommentsQ10
2008
/09En
ter th
e fina
ncial
year
ie 20
08/09
(ie 1s
t July
, 200
8 to 3
0th Ju
ne, 2
009)
. This
also
inclu
des v
intag
e 200
9.
Wine
Sale
s are
sales
mad
e fro
m wi
negr
apes
conv
erted
to w
ine in
the l
isted
finan
cial y
ear
Emplo
yee l
abou
r cos
ts
Contr
actor
labo
ur co
sts
Freig
ht or
carta
ge co
sts fr
om vi
neya
rd to
fruit
proc
esso
r.
Rese
arch
and d
evelo
pmen
t (GW
RDC
$2/to
nne)
, gro
wer o
rgan
isatio
n lev
ies (M
VWI $
1.95/t
onne
). Of
ten le
vies a
re de
ducte
d auto
matic
ally f
rom
grap
e pay
ments
as a
$/ton
ne a
moun
t. If
you a
re co
nver
ting w
inegr
apes
into
wine
ad
d the
relev
ant le
vies.
Fung
icide
, inse
cticid
e, we
edici
de, b
ait, p
est c
ontro
l.
Fertil
iser a
pplic
ation
, foli
ar nu
trient,
petio
le tes
ting.
Thes
e tas
ks ar
e ofte
n car
ried o
ut an
on an
nual
basis
.
Soil t
estin
g, so
il ame
liora
tion (
lime/g
ypsu
m), b
road
cast
fertili
ser,
cove
r cro
p/see
d, mu
lch. T
hese
are n
orma
lly lo
nger
term
task
s ie n
ot ca
rried
out a
n on a
nnua
l bas
is.
Desc
riptio
n fo
r eac
h ca
tego
ry
Wine
grap
es (h
a not
in pr
oduc
tion)
Sub
Unit
Sub
Unit
OPER
ATIN
G (V
ARIA
BLE)
COS
TSW
ine S
ales
Nutrit
ion / F
ertili
ser
Vine
yard
Floo
r Man
agem
ent
Chem
icals
To co
nver
t acre
s to h
ectar
es di
vide b
y 2.47
ie if
you h
ave 1
0 acre
s divi
de by
2.47
= 4.
05 ha
.
Shee
t 2: M
urra
y Vall
ey W
ineg
rowe
rs' C
ost o
f Pro
duct
ion
Proj
ect -
Dat
a Col
lectio
n Te
mpl
ate
Total
Pro
perty
Are
a (ha
)
Enter
the i
ncom
e fro
m W
ine G
rape
Sale
s (thi
s will
be us
ed to
calcu
late t
he gr
oss m
argin
) and
Win
e Sale
s sep
arate
ly.
Wine
Gra
pe S
ales
Vine
yard
Are
a (ha
) Y
ear:
INCO
ME
Farm
Labo
urCo
ntrac
t Lab
our
Fruit
Tra
nspo
rt
Levie
s
Sub
Unit
Wine
grap
es (h
a in p
rodu
ction
)
Sotes
tg,
soa
eo
ato
(e/g
ypsu
),b
oadc
ast
et
se,c
oe
cop/s
eed,
uces
eae
oa
yo
gete
tass
eot
caed
outa
oa
uaba
ss
Sund
ry ha
nd to
ols, m
iscell
aneo
us ite
ms, r
epair
s <$1
00 ea
.
Oil, g
as an
d gre
ase,
basic
servi
cing a
nd m
ainten
ance
of vi
neya
rd m
achin
ery (
tracto
rs, ut
es, A
TV, p
umps
).
Fuel
(dies
el or
petro
l) for
vine
yard
mac
hiner
y (tra
ctors,
utes
, ATV
, pum
ps).
This
is se
para
ted to
allow
for e
nviro
nmen
tal ac
coun
ting.
Wate
r deli
very
costs
and e
lectric
ity to
powe
r pum
ps (in
clude
wate
r rate
s or s
tandin
g fee
s). S
epar
ate fr
om P
ower
(buil
dings
) whic
h is a
n ove
rhea
d cos
t.
Annu
al wa
ter le
ase (
perm
anen
t wate
r pur
chas
es sh
ould
be re
cord
ed se
para
tely a
s a ca
pital
expe
nse)
. Sep
arate
from
Land
Rate
s and
Tax
es w
hich i
s an o
verh
ead c
ost.
Vine
yard
repa
irs an
d main
tenan
ce in
cludin
g re-
planti
ng de
ad vi
nes,
trellis
repa
irs (d
o not
includ
e majo
r cap
ital e
xpen
ses).
Perm
anen
t man
agem
ent (
includ
ing ow
ner o
r man
ager
who
pred
omina
ntly m
anag
es ra
ther t
han c
arryi
ng ou
t 'han
ds on
' task
s).
Esti
matio
n or a
ctual.
Don
’t dup
licate
this
amou
nt if i
t has
alre
ady b
een c
aptur
ed in
'Per
mane
nt Ma
nage
ment'
. See
calcu
latio
n ov
er th
e pag
e.Do
n’t in
clude
wate
r rate
s (or
stan
ding f
ees)
inser
t the
se co
sts in
to wa
ter an
d dra
inage
costs
(ope
ratin
g).
Elec
tricity
(othe
r tha
n pow
er us
ed fo
r pum
ps/irr
igatio
n sy
stem)
.
Publi
c liab
ility,
prop
erty,
conte
nts or
crop
insu
ranc
e.
Cons
ultan
t, re
sear
ch, a
ccou
ntant,
lega
l, sec
retar
ial, a
udito
r fee
s.
Phon
e, so
ftwar
e, sta
tiona
ry, po
stage
, reg
istra
tion.
Land
or m
achin
ery.
Perso
nal P
rotec
tive E
quipm
ent (
PPE)
, fire
extin
guish
ers,
safet
y sign
age.
Huma
n res
ource
costs
, staf
f tra
ining
, sub
scrip
tions
, mem
bersh
ips, c
ourse
fees
, tra
vel a
nd ac
comm
odati
on.
Reve
getat
ion, w
ater t
reatm
ent,
catch
ment
mana
geme
nt.St
aff D
evelo
pmen
t En
viron
ment
Oh
d Ri
& M
it
Desc
riptio
n fo
r eac
h ca
tego
ry
Offic
e/Adm
inistr
ation
Le
ase o
r Ren
t Pay
ments
Perm
anen
t Man
agem
ent
Mach
inery
Fuel
OH&S
Req
uirem
ents
Owne
r's L
abou
r La
nd R
ates a
nd T
axes
Powe
r (Bu
ilding
s)Ins
uran
cePr
ofess
ional
Servi
ces
Mach
inery,
Plan
t & E
quipm
ent H
ireW
ater a
nd D
raina
ge C
osts
Sub
Unit
Vine
yard
Floo
r Man
agem
ent
Sund
ry Ma
terial
s and
Sup
plies
Wate
r Lea
seVi
neya
rd R
epair
s & M
ainten
ance
OVER
HEAD
(FIX
ED) C
OSTS
Mach
inery
Expe
nses
Fenc
es, r
oads
, fire
brea
ks, s
heds
, gro
und m
ainten
ance
.
Inter
est p
aid on
loan
s, ba
nk fe
es &
char
ges.
Do no
t inclu
de ca
pital
or pr
incipa
l repa
ymen
ts.Ov
erhe
ad R
epair
s & M
ainten
ance
Debt
Servi
cing (
Inter
est a
nd F
inanc
e
Supe
rann
uatio
n an
d W
orkc
over
Calcu
latio
n
Full T
ime S
alary
(In
cludin
g 'on
costs
')%
Sala
ry
(inclu
ding '
on co
sts')
Estim
ate %
up to
a tot
al of
100%
(full
tim
e)
Selec
t a b
ase s
alary
(u
se $4
0K as
a mi
nimum
star
ting
point
)
Grap
e gro
wing
exam
ple:
(9%
Sup
eran
nuati
on, 3
.2%W
orkc
over
+ 0.
6%
OHS&
W re
gistra
tion f
ee).
B X
CB
+ DE
X A
AB
CD
E
Inse
rt thi
s figu
re in
to the
wo
rkshe
etOw
ner's
Labo
ur
Exam
ple50
% $
40,0
00
12.8%
$
5,12
0 $
45,1
20
$
2
2,560
Owne
r's La
bour
(yo
ur ca
lculat
ion)
$
-
$
-
$
-
It is i
mpor
tant to
alloc
ate a
value
to ow
ner’s
labo
ur (if
this
has n
ot alr
eady
been
done
in P
erma
nent
Mana
geme
nt).
To us
e the
calcu
lator
, esti
mate
the pe
rcenta
ge of
time s
pent
runn
ing th
e vine
yard
over
the y
ear,
selec
t a ba
se sa
lary (
this s
tarts
at $4
0K) a
nd ca
lculat
e the
total
salar
y (in
cludin
g ‘on
costs
’) usin
g the
form
ula pr
ovide
d.
Desc
riptio
n
Form
ula
Com
men
ts
Calcu
latin
g Ow
ner's
Lab
our
Estim
atio
n of
Ow
ner's
Lab
our
Estim
ated
% o
f tim
e spe
nt
runn
ing
viney
ard?
Base
Sala
ry
Supe
rann
uatio
n +
Wor
kcov
er
Chec
k the
curre
nt %
re
quire
ments
.
Appendix 3
Vineyard coding form
REGIONAL VINEYARD COST INDICATORS ‐ BLOCK CODES ‐
Each data set collected from data suppliers/growers will be coded in such a way as to identify the following attributes:
1. LABOUR STRUCTURE
The following categories will be used to define what labour structure is in place in the vineyard business. This is often related to vineyard size but not always. It has an important impact on how the labour costs are dealt with in this analysis. The number associated with the closest description of the enterprise is used in the code.
2. IRRIGATION WATER SOURCE
It is of some interest to know how a vineyard operator sources water for irrigation purposes. Two broad categories are proposed for the code.
3. VINEYARD BLOCK NUMBER
This is a sequential number attached on to the end of the code to differentiate blocks of similar description.
CODE LABEL DESCRIPTION
1 Owner Manager Small Vineyard
Owner‐operator who does not employ any outside permanent labour but does employ the services of contractors/casuals for certain tasks such as harvesting.
2 Owner Manager Medium Vineyard
Owner‐operator who has one or two permanent workers (for example vineyard hand or tractor driver) and uses casuals and contractors.
3 Owner Manager Large Vineyard
The owner manages the business but employs a full time vineyard manager for operational work, monitoring, planning etc. Contractors and casuals are also used.
4 Corporate/Investor Owner Large Vineyard
Full‐time vineyard manager plus permanent employees, casuals and contractors (similar to No. 3 but Corporate or Investor owned, which will (may) have different overhead costs)
CODE LABEL DESCRIPTION
1 Private Water Diverter
Water is sourced directly from the rivers or bores, annual water access fees are usually low but pumping costs (power) are high.
2 Irrigator within pumped districts
Water is sourced from irrigation water providers who supply water to farm gate at various pressures. Annual water fees are usually high but pumping costs (for the grower) are low.