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Table 22: Costs and Returns for Cranberries, Per Acre

Table 22: Costs and Returns for Cranberries, Per Acre

20-40 Acre Operation, Bog Preparation and Vine Planting,
Conventional Production Practices, Northeastern United States, 1996

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ITEM UNIT PRICE QUANTITY TOTAL
         
Receipts
Cranberries bbls 0 $ –
Variable Costs &n bsp;
Fertilizer
N lb $ 1.20 35 $ 42.00
P lb $ 0.50 60 $ 30.00
K lb $ 0.54 90 $ 48.60
Bog Preparation
Land Clearing per acre $ 3,400.00 1 $ 3,400.00
ADS underdrains ft $ 0.50 1450 $ 725.00
Aerial Applicati ons per appl $ 13.00 5 $ 65.00
Vapam gal $ 4.25 70 $ 297.50
Labor
Operator hours $ 14.48 9 $ 130.32
Regular Hired hours $ 10.13 4 $ 40.52
Seasonal Hired (planting cuttings) hours $ 7.24 120 $ 868.80
Seasonal Hired (weeding new vines) hours $ 7.24 15 $ 108.60
Plants
Rooted Cuttings each $ 0.05 45,000 $ 2,250.00
Fuel & Oil
Fuel & Oil acre $ 46.00 $ 46.00
Repair & Maintenance &nbs p;
Machinery and equipment acre $ 50.00 1 $ 50.00
Supplies acre $ 32.00 1 $ 32.00
Irrigation
Irrigation installation acre $ 2,000.00 1 $ 2,000.00
Operating Costs acre $ 200.00 1 $ 200.00
Miscellaneous
Utilities acre $ 50.00 1 $ 50.00
Sub Total $ 10,384.34
Interest on Operating Capitala acre 10% 1 $ 519.22
Total Variable Costs acre 1 $ 10,903.56
Returns above Variable Costs acre 1 $ (10,903.56)
Fixed Costs
Equipment acre $ 200.00 1 $ 200.00
Buildings acre $ 100.00 1 $ 100.00
Bog land rent acre $ 250.00 1 $ 250.00
Total Fixed Costs acre 1 $ 550.00
Total Fixed & Variable Costs acre 1 $ 11,453.56
Management Feesa acre 7% 1 $ 794.75
Total Costs acre 1 $ 12,248.31
Net Returns acre   1 $ (12,248.31)

a See text for calculation assumptions.