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Table 8: Costs and Returns for Fresh Market Apples, Per Acre

Table 8: Costs and Returns for Fresh Market Apples, Per Acre

Planting Year, Conventional Production Practices,
Northeastern United States, 1996

 

ITEM UNIT PRICE QUANTITY TOTAL
         
Receipts        
Apples pound 0 $ –
Variable Costs
Fertilizer
N lb. $ 0.32 25 $ 8.00
P lb $ 0.32 50 $ 16.00
K lb $ 0.14 $ 7.00
Calcitic Limestone lb $ 0.140 340 $ 47.60
Trees
Apple Trees each $ 5.00 272 $ 1,360.00
Herbicides
Gramoxone Extra gal $ 34.50 0.08 $ 2.76
Solicam 80W lb $ 16.50 2.5 $ 41.25
Fungicides
Captan 50W lb $ 2.75 8 $ 22.00
Nova 40W lb $ 63.44 0.31 $ 19.67
Labor
Operator hour $ 14.48 7.63 $ 110.48
Regular Hired hour $ 10.13 14 $ 141.82
Irrigation
Install Drip Irrigation acre $ 800.00 $ 800.00
Operating Cost acre $ 250.00 1 $ 250.00
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
Oth er
Ivory Soap bar $ 0.05 272 $ 13.60
Tree Guards each $ 0.15 272 $ 40.80
Tree Planter acre $ 7.00 1 $ 7.00
Sub-Total $ 2,921.23
Interest on Operating Capitala acre 10% 1 $ 146.06
Total Variable Costs acre 1 $ 3,067.29
Returns Above Variable Costs acre 1 $ (3,067.29)
Fixed Costs acre 1
Tractors acre $ 28.04 1 $ 28.04
Implements acre $ 5.58 1 $ 5.58
acre $ 100.00 1 $ 100.00
Total Fixed Costs acre 1 $ 133.62
Total Fixed & Variable Costs acre 1 $ 3,200.91
Management Feesa acre 7% 1 $ 217.06
Total Cost acre 1 $ 3,417.98
Net Returns acre 1 $ (3,417.98)

aSee text for calculation assumptions.