Table 38: Costs and Returns Per Acre – Corn for Grain
Integrated Crop Management, Northeastern United States, 1996
Management Feeb
| ITEM | UNIT | PRICE | QUANTITY | TOTAL |
| Receipts | ||||
| Corn (Grain) | bushel | $ 3.05 | 125 | $ 381.25 |
| Variable Costs | &nb sp; | |||
| Custom | ||||
| Apply Calcium Lime | ton | $ 27.65 | 0.5 | $ 13.83 |
| Soil Test | acre | $ 1.00 | 1 | $ 1.00 |
| Dryinga | % moisture reduction | $ 0.05 | 125 | $ 37.50 |
| Fertilizer | ||||
| N | pound | $ 0.32 | 130 | $ 41.60 |
| P | pound | $ 0.32 | 50 | $ 16.00 |
| K | pound | $ 0.14 | 35 | $ 4.90 |
| Herbicides | ||||
| Atrazine 4L | gallon | $ 12.00 | 0.3 | $ 3.60 |
| Banvel | pint | $ 10.04 | 0.2 | $ 2.01 |
| Dual 8E | gallon | $ 6 5.00 | 0.19 | $ 12.35 |
| Insecticides | ||||
| Counter 20 CR | pound | $ 2.60 | 6 | $ 15.60 |
| Seed | & nbsp; | |||
| Corn Seed | thousand | $ 1.05 | 25 | $ 26.25 |
| Labor | ||||
| Operator (Tractors) | hour | $ 14.48 | 1.55 | $ 22.44 |
| Operator (Self-Propelled Eq.) | hour | $ 14.48 | 0.25 | $ 3.62 |
| Diesel Fuel | ||||
| Tractors | gallon | $ 0.969 | 7.88 | $ 7.64 |
| Self-Propelled Eq. | gallon | $ 0.969 | 1.6 | $ 1.55 |
| Repair & Maintenance | ||||
| T ractors | acre | $ 3.41 | 1 | $ 3.41 |
| Self-Propelled Eq . | acre | $ 8.00 | 1 | $ 8.00 |
| Implements | acre | $ 7.52 | 1 | $ 7.52 |
| Sub-Total | $ 228.82 | |||
| Interest on Operating Capitalb | acre | 10% | 1 | $ 6.64 |
| Total Variable Cost | acre | 1 | $ 235.46 | |
| Returns Above Variable Cost | acre | 1 | $ 145.79 | |
| Fixed Cost | ||||
| Tractors | acre | $ 10.47 | 1 | $ 10.47 |
| Self Propelled Eq. | acre | $ 13.20 | 1 | $ 13.20 |
| Implements | acre | $ 17.11 | 1 | $ 17.11 |
| Land Charge | acre | $ 50.00 | 1 | $ 50.00 |
| Total Fixed Cost | acre | 1 | $ 90.78 | |
| Sub-Total | acre | 1 | $ 326.24 | |
| acre | 7% | 1 | $ 19.34 | |
| Total Cost | acre | 1 | $ 345.57 | |
| Net Returns | acre | 1 | $ 35.68 |
|
aDrying Costs estimated as follows: $.05 x 6 (% points of moisture reduction) x 125 (bu). |