Table 45: Costs and Returns for Fresh Market Apples, Per Acre
Planting Year, Integrated Crop Management, Northeastern United States, 1996
|
| ITEM< /td> |
UNIT |
PRICE |
QUANTITY |
TOTAL |
| |
|
|
|
|
| Receipts |
|
|
|
|
| Apples |
pound |
|
0 |
$ – |
|
|
|
|
|
| Variable Costs |
|
|
|
|
| Fertilizer |
|
|
|
|
| N |
lb |
$ 0.31 |
36 |
$ 11.16 |
| P |
lb |
$ 0.28 |
36 |
$ 10.08 |
| K |
lb |
$ 0.14 |
36 |
$ 5.04 |
| Trees |
|
|
|
|
| Apple Trees |
each |
$ 5.00 |
272 |
$ 1,360.00 |
| Herbicides |
|
|
|
|
| Gramoxone Extra |
gal |
$ 31.50 |
0.08 |
$ 2.47 |
| Devrinol 50W |
lb |
$ 8.40 |
2 |
$ 16.80 |
| Fungicides |
|
|
|
|
| Captan 50W |
lb |
$ 2.75 |
16 |
$ 44.00 |
| Labor |
|
|
|
|
| Operator |
hour |
$ 14.48 |
7.63 |
$ 110.48 |
| Regular Hired |
hour |
$ 10.13 |
14 |
$ 141.8 2 |
| Irrigation |
|
|
|
|
| Install Drip Irrigation |
acre |
$ 800.00 |
1 |
$ 800.00 |
| Operating Cost Irrigation |
acre |
$ 250.00 |
1 |
$ 250.00 |
| < b> Diesel Fuel |
|
|
|
|
| Tractors |
gallon |
$ 0.969 |
20.6 |
$ 19.96 |
| Repair & Maintenance |
|
|
|
|
| Tractors |
acre |
$ 9.22 |
1 |
$ 9.22 |
| Implements |
acre |
$ 4.07 |
1 |
$ 4.07 |
| Other |
|
|
|
|
| Ivory Soap |
bar |
$ 0.05 |
272 |
$ 13.60 |
| Tree Guards |
each |
$ 0.15 |
272 |
$ 40.80 |
| Tree Planter |
acre |
$ 5.00 |
1 |
$ 5.00 |
| Sub-Total |
|
|
|
$ 2,844.50 |
| Interest on Operating Capitala |
acre |
10% |
1 |
$ 142.23 |
| Total Variable Costs |
acre |
|
1 |
$ 2,986.73 |
| Returns Above Variable Costs |
acre |
|
1 |
$ (2,986.73) |
| Fixed Costs |
|
|
|
|
| Tractors |
acre |
$ 28.04 |
1 |
$ 28.04 |
| Implements |
acre |
$ 5.58 |
1 |
$ 5.5 8 |
| Land Charge |
acre |
$ 150.00 |
1 |
$ 150.00 |
| Total Fixed Costs |
acre |
|
1 |
$ 183.62 |
| Total Fixed & Variable Costs |
acre |
|
1 |
$ 3,170.35 |
| Management Fees a |
acre |
7% |
1 |
$ 214.92 |
| Total Cost |
acre |
|
1 |
$ 3,385.27 |
| Net Returns |
acre |
|
1 |
$ (3,385.27) |