Table 6: Costs and Returns for White Potato, Per Acre
Conventional Production Practices, Northeastern United States, 1996
|
| ITEM |
PRICE |
QUANTITY |
TOTAL |
| |
|
|
|
|
| Receipts |
|
|
|
|
| Potatoes |
cwt |
$ 5.40 |
270 |
$ 1,458.00 |
|
|
|
|
|
| Variable Costs |
|
|
|
|
| Custom |
|
|
|
|
| Apply Calcium Fertilizer |
ton |
$ 27.65 |
0.5 |
$ 13.83 |
| Soil Test |
acre |
$ 1.00 |
1 |
$ 1.00 |
| Fertilizer |
|
|
|
|
| N |
pound |
$ 0.32 |
200 |
$ 64.00 |
| 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 |
| Roundup Ultra |
gal |
$ 54.00 |
0.5 |
$ 27.00 |
| Sencor 75DF |
pound |
$ 26.50 |
0.66 |
$ 17.49 |
| Fungicides |
|
|
|
|
| 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 |
|
|
|
|
| Dyfonate 4E |
gal |
$ 53.00 |
1 |
$ 53.00 |
| Guthion 2S |
gal |
$ 35.70 |
0.19 |
$ 6.71 |
| Monitor 4E |
gal |
$ 76.00 |
0.25 |
$ 19.00 < /td> |
| Admire |
gal |
$ 525.00 |
0.13 |
$ 65.63 |
| Sevin XLR |
gal |
$ 25.44 |
0.13 |
$ 3.18 |
| 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 |
5.85 |
$ 84.71 |
| Regular Hired |
hour |
$ 10.13 |
12 |
$ 121.56 |
| Seasonal Hired (Cut seed) |
hour |
$ 7.24 |
2 |
$ 14.48 |
| Diesel Fuel |
|
|
|
|
| Tractors |
gallon |
$ 0.969 |
24.69 |
$ 23.92 |
| Repair & Maintenance |
|
|
|
|
| Tractors |
acre |
$ 11.05 |
1 |
$ 1 1.05 |
| Implements |
acre |
$ 64.22 |
1 |
$ 64.22 |
| Sub-Total |
|
|
|
$ 1,040.98 |
| Interest on Op erating Capitala |
acre |
10% |
1 |
$ 30.19 |
| Total Variable Costs |
acre |
|
1 |
$ 1,071.17 |
| (Continued on next page) |
|
|
|
|
| Returns Above Variable Costs |
acre |
|
1 |
$ 386.83 |
| Fixed Costs |
|
|
|
|
| Tractors |
acre |
$ 32.72 |
1 |
$ 32.72 |
| Implements |
acre |
$ 106.11 |
1 |
$ 106.11 |
| Land Charge |
acre |
$ 50.00 |
1 |
$ 50.00 |
| Total Fixed Costs |
acre |
|
1 |
$ 188.83 |
| Total Fixed & Variable Costs |
acre |
|
1 |
$ 1,260.00 |
| Management Fees a |
acre |
7% |
1 |
$ 84.70 |
| Total Costs |
acre |
|
1 |
$ 1,344.70 |
| Net Returns |
acre |
|
1 |
$ 113.30 |