Table 67: Costs of Production for Soybeans, Per Acre
Organic Production P ractices, Northeastern United States, 1996
|
| ITEM |
UNIT |
PRICE |
QUANTITY |
TOTAL |
| Variable Costs |
| Fertilizer |
|
|
|
|
| Composted manure |
acre |
$ 31.00 |
4.5 |
$ 139.50 |
| Seed |
|
|
|
|
| Soybean Seed |
bushel |
$ 14.85 |
1.17 |
$ 17.37 |
| Labor |
|
|
|
|
| Operator |
hour |
$ 14.48 |
2.03 |
$ 29.39 |
| Machinery and Fuel Costs |
|
|
|
|
| Fuel |
gallon |
$ 0.969 |
8.3 |
$ 8.04 |
| Machinery |
acre |
$ 62.54 |
1 |
$ 62.54 |
| Sub-Total |
|
|
|
$ 256.84 |
| Interest on Operating Capitala |
acre |
10% |
1 |
$ 7.45 |
| Total Variable Costs |
acre |
|
1 |
$ 264.29 |
| Fixed Costs |
| Machinery and equipment |
acre |
$ 30.26 |
1 |
$ 30.26 |
| Land Charge |
acre |
$ 50.00 |
1 |
$ 50.00 |
| Total Fixed Costs |
acre |
|
1 |
$ 80.26 |
| Total Fixed and Variable Costs |
acre |
|
1 |
$ 344.55 |
| Management Feesa |
acre |
7% |
1 |
$ 14.48 |
| Total Costs |
acre |
|
1 |
$ 359.03 |