MillMint -millmint
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Wheat

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Factbook F-243161
Wheat Tier 2 Grains
Production2.39 million t p.a.
Exports0 mg
Value per tonne✦219
Revenue✦524 m
Value added✦482 m
Surplus✦336 m
  • Per tonne:
  • Labour ✦17.7 (Sf 1.85)
  • Materials ✦13.5
  • Capital ✦43.5
  • Energy ✦4
  • Surplus ✦141

Whole chain per tonne: 0.624 labour hours, 124 kWh.

Formula

A.C. = w0LhSf Labour ✦17.7 Shadow wage w0 ✦16 an hour Γ— Lh 0.6 hours per tonne Γ— skill factor Sf 1.85 Sf for agriculture: training ✦30,000 against ✦45,000, queue 10 hours against 48 + Ξ£ qiPirΞ»i Materials ✦13.5 Fertiliser: 50 kg Γ— $202/t Γ— r 1.5 Γ— border 0.89 Γ— Ξ» 1.00 = ✦13.5 + (D + Mo)Ξ±e Capital ✦43.5 Depreciation and maintenance ✦30 per tonne Γ— financing 1.45 Γ— waste factor Ξ±e 1.00 Financing is interest at 6% on equipment's average value over a 15-year life. Ξ±e is 1.00 when maintenance hours and defects are on target. + Epe Energy ✦4 E 80 kWh per tonne Γ— pe ✦0.05 per kWh = ✦78.7

A.V. = rP*world Accounted value ✦219 per tonne World price $125 per tonne plus freight and insurance 17% = P* $146 Γ— r 1.5 crowns per US dollar Import parity: the price at the Commonwealth border for a good it could otherwise import. Observed abroad, not calculated: a wasteful producer raises only its own cost. = ✦219

Revenue = A.V. Γ— Q Accounted revenue ✦524 m p.a. Domestic: 2.39 million t Γ— ✦219 = ✦524 m = ✦524 m

Surplus = (A.V. βˆ’ A.C.) Γ— Q βˆ’ levies Accounted surplus ✦336 m p.a. Revenue ✦524 m βˆ’ cost ✦78.7 Γ— 2.39 million t = ✦336 m Distributed 40% to reinvestment, 20% to the municipal aggregate and 40% swept to the Treasury. = ✦336 m

Made here
Supplies or uses it
Inputs arriving
Output leaving

Made in

Graciosa 20% Pico 20% Tenerife 20% Velas 20% Ventura 20%

Inputs

Fertiliser ✦32.3 m

Output

Flour ✦369 m Final domestic use ✦155 m

Made from per tonne

Used in p.a.

  • Wheat2.39 million t✦524 m100%
  • Final domestic use 706,700 t ✦155 m 29.6%