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Table 63: Costs and Returns for Corn for Grain, Per Acre

Or ganic Production Practices, Northeastern United States, 1996

ITEM UNIT PRICE QUANTITY TOTAL
Variable Costs       
Custom       
Dryinga % moisture reduction $ 0.05 109 $ 32.70
Fertilizer       
Composted Manure ton $ 31.00 4.5 $ 139.50
Cover Crop  < /td>     
Vetch (Hairy) 50 lb $ 95.75 0.8 $ 76.60
Pest Management       
Approved organic pesticides acre $ 95.00 1 $ 95.00
Seed       
Corn Seed thousand $ 1.05 25 $ 26.25
Labor       
Operator hour $ 14.48 2.88 $ 41.70
Repairs and Fuel Costs       
Diesel Fuel gal $ 0.969 11.2 $ 10.85
Machine Costs acre $ 88.59 1 $ 88.59
Sub-Total      $ 511.19
Interest on Operating Capitalb acre 10% 1 $ 14.82
Total Variable Costs acre   1 $ 526.01
Fixed Costs       
Machinery and equipment acre $ 40.78 1 $ 40.78
Land charge acre $ 50.00 1 $ 50.00
Total Fixed Costs acre  1 $ 90.78
Total Fixed and Variable Costs acre  1 $ 616.79
Management Feesb acre 7% 1 $ 43.18
Total Costs acre  1 $ 619.19

a Drying costs based on an estimated yield of 109 bu and calculated as follows: $.05 x 6% points of moisture reduction x 109 bu.
b See text for calculation assumptions.

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