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Farm Management
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Table 63: Costs of Production for Corn for Grain, Per AcreOrganic Production Practices
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| ITEM | UNIT | PRICE | QUANTITY | TOTAL |
| Variable Costs | ||||
| Custom | ||||
| Dryinga | % moisture reduction | $ 0.05 | 109 | $ 32.70 |
| Fertilizer | ||||
| Composted Manure | ton | $ 31.00 | 4.5 | $ 139.50 |
| Cover Crop | ||||
| Vetch (Hairy) | 50 lb | $ 95.75 | 0.8 | $ 76.60 |
| Pest Management | ||||
| Approved organic pesticides | acre | $ 95.00 | 1 | $ 95.00 |
| Seed | ||||
| Corn Seed | thousand | $ 1.05 | 25 | $ 26.25 |
| Labor | ||||
| Operator | hour | $ 14.48 | 2.88 | $ 41.70 |
| Repairs and Fuel Costs | ||||
| Diesel Fuel | gal | $ 0.969 | 11.2 | $ 10.85 |
| Machine Costs | acre | $ 88.59 | 1 | $ 88.59 |
| Sub-Total | $ 511.19 | |||
| Interest on Operating Capitalb | acre | 10% | 1 | $ 14.82 |
| Total Variable Costs | acre | 1 | $ 526.01 | |
| Fixed Costs | ||||
| Machinery and equipment | acre | $ 40.78 | 1 | $ 40.78 |
| Land charge | acre | $ 50.00 | 1 | $ 50.00 |
| Total Fixed Costs | acre | 1 | $ 90.78 | |
| Total Fixed and Variable Costs | acre | 1 | $ 616.79 | |
| Management Feesb | acre | 7% | 1 | $ 43.18 |
| Total Costs | acre | 1 | $ 619.19 |
a Drying costs based on an estimated yield of 109 bu and calculated as follows: $.05 x 6% points of moisture reduction x 109 bu.
b See text for calculation assumptions.
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