Table 2: Costs and Returns for Corn for Silage, Per Acre
Conventional Production Practices, Northeastern United States, 1996
|
ITEM |
UNIT |
PRICE |
QUANTITY |
TOTAL |
|
|
|
|
|
Receipts |
|
|
|
|
Corn (Silage) |
ton |
$ 23.75 |
20 |
$ 475.00 |
|
|
|
|
|
Variable Costs |
|
|
|
|
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 |
100 |
$ 32.00 |
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 |
6.7 |
$ 17.42 |
Seed |
|
|
|
|
Corn Seed |
thousand |
$ 1.05 |
30 |
$ 31.50 |
Labor |
|
|
|
|
Operator |
hour |
$ 14.48 |
2.84 |
$ 41.12 |
Diesel F uel |
|
|
|
|
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 |
|
|
|
$ 250.92 |
Interest on Operating Capital a |
acre |
10% |
1 |
$ 7.28 |
Total Variable Costs |
acre |
|
1 |
$ 258.19 |
Returns Above Variable Costs |
acre |
|
1 |
$ 216.81 |
Fixed Costs |
|
|
|
|
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 Costs |
acre |
|
1 |
$ 198.19 |
Total Fixed & Variable Costs |
acre |
|
1 |
$ 456.38 |
Management Fees a |
acre |
7% |
1 |
$ 28.45 |
Total Costs |
acre |
|
1 |
$ 484.83 |
Net Returns |
acre |
|
1 |
$ (9.83) |