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Table 43: Costs and Returns Per Acre - White Potato

Integrated Crop Management, Northeastern United States, 1996

< td> PRICE Roundup Ultra < /tr>
ITEM UNIT QUANTITY TOTAL
         
Receipts        
Potatoes cwt $ 5.40 270 $ 1,458.00
         
Variable Costs   < /td>      
Custom        
Apply Calcium Fertilizer ton $ 27.65 0.5 $ 13.83
Soil Test acre $ 1.00 1 $ 1.00
Fertilizer        
N pound $ 0.32 170 $ 54.40
P pound $ 0.32 150 $ 48.00
K pound $ 0.14 150 $ 21.00
Herbicides        
Diquat gal $ 80.28 0.25 $ 20.07
Dual 8E gal $ 65.00 0.25 $ 16.25
gal $ 54.00 0.5 $ 27.00
Sencor 75Df pound $ 26.50 0.66 $ 17.49
Fun gicides        
Bravo 720 gal $ 51.80 0.5 $ 25.90
Manzate 200 pound $ 3.05 14 $ 42.70
Tops Potato Dust pound $ 2.35 20 $ 47.00
Insecticides        
Novador gal $ 31.00 1 $ 31.00
Mancozeb lb $ 2.65 10 $ 26.50
Monitor gal $ 70.00 0.19 $ 13.13
Asana XL gal $ 135.00 0.06 $ 8.44
Other        
Sticker/Spreader oz $ 0.22 32 $ 7.04
Surfactant oz $ 0.14 16 $ 2.24
Seed        
Potato Seed cwt $ 11.00 20 $ 220.00
Labor        
Operator hour $ 14.48 9.59 $ 138.86
Regular Hired hour $ 10.13 10.33 $ 104.64
Seasonal Hired hour $ 7.24 2 $ 14.48
Repair, Maintenance & Fuel        
Tractors, Trucks and Implements acre $ 99.19 1 $ 99.19
Sub-Total       $ 1,000.16
Interest on Operating Capitala acre 10% 1 $ 29.00
Total Variable Costs acre   1 $ 1,029.16
Returns Above Variable Costs acre   1 $ 428.84
Fixed Costs        
Tractors and Implements acre $ 138.83 1 $ 138.83
Land Charge acre $ 50.00 1 $ 50.00
Total Fixed Cost acre   1 $ 188.83
Sub-Total acre   1 $ 1,217.99
Management Feea acre 7% 1 $ 81.76
Total Costs acre   1 $ 1,299.75
Net Returns acre   1 $ 158.25

a See text for calculation assumptions.