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Table 39: Costs and Returns Per Acre - Corn for Silage

Integrated Crop Management, Northeastern United States, 1996

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ITEM UNIT PRICE QUANTITY TOTAL
         
Receipts        
Corn (Silage) ton $ 23.75 20 $ 475.00
         
Variable Costs &nb sp;      
Custom        
Apply Calcium Lime ton $ 27.65 0.5 $ 13.83
Soil Test acre $ 1.00 1 $ 1.00
Fertilizer        
N pound $ 0.32 120 $ 38.40
P pound $ 0.32 80 $ 25.60
K pound $ 0.14 150 $ 21.00
Herbicides        
Atrazine 4L gallon $ 12.00 0.3 $ 3.60
Banvel pint $ 10.04 0.2 $ 2.01
Dual 8E gallon $ 65.00 0.19 $ 12.35
Insecticides        
Counter 20 CR pound $ 2.60 6 $ 15.60
Seed        
Corn Seed thousand $ 1.05 30 $ 31.50
Labor     & nbsp;  
Operator hour $ 14.48 2.84 $ 41.12
Diesel Fuel        
Tractors gallon $ 0.969 14.81 $ 14.35
Repair & Maintenance        
Tractors acre $ 6.40 1 $ 6.40
Implements acre $ 15.94 1 $ 15.94
Silo ton $ 0.37 20 $ 7.40
Sub-Total       $ 242.70
Interest on Operating Capitala acre 10% 1 $ 7.04
Total Variable Cost acre   1 $ 249.74
Returns Above Variable Cost acre   1 $ 225.26
Fixed Cost        
Tractors acre $ 20.33 1 $ 20.33
Implements acre $ 29.26 1 $ 29.26
Silo ton $ 4.93 20 $ 98.60
Land Charge acre $ 50.00 1 $ 50.00
Total Fixed Cost acre   1 $ 198.19
Sub-Total acre   1 $ 447.93
Management Feea acre 7% 1 $ 27.85
< b> Total Cost acre   1 $ 475.78
Net Returns acre   1 $ (0.78)

aSee text for calculation assumptions.

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