Table 38: Costs and Returns Per Acre - Corn for Grain
Integrated Crop Management, Northeastern United States, 1996
|
|
ITEM |
UNIT |
PRICE |
QUANTITY |
TOTAL |
|
|
|
|
|
|
|
Receipts |
|
|
|
|
|
Corn (Grain) |
bushel |
$ 3.05 |
125 |
$ 381.25 |
|
|
|
|
|
|
|
Variable Costs |
|
|
|
|
|
Custom |
|
|
|
|
|
Apply Calcium Lime |
ton |
$ 27.65 |
0.5 |
$ 13.83 |
|
Soil Test |
acre |
$ 1.00 |
1 |
$ 1.00 |
|
Dryinga
|
% moisture reduction |
$ 0.05 |
125 |
$ 37.50 |
|
Fertilizer |
|
|
|
|
|
N |
pound |
$ 0.32 |
130 |
$ 41.60 |
|
P |
pound |
$ 0.32 |
50 |
$ 16.00 |
|
K |
pound |
$ 0.14 |
35 |
$ 4.90 |
|
Herbicides |
|
|
|
|
|
Atrazine 4L |
gallon |
$ 12.00 |
0.3 |
$ 3.60 |
|
Banvel |
pint |
$ 10.04 |
0.2 |
$ 2.01 |
|
Dual 8E |
gallon |
$ 65.00 |
0.19 |
$ 12.35 |
|
Insecticides |
|
|
|
|
|
Counter 20 CR |
pound |
$ 2.60 |
6 |
$ 15.60 |
|
Seed |
|
|
|
|
|
Corn Seed |
thousand |
$ 1.05 |
25 |
$ 26.25 |
|
Labor |
|
|
|
|
|
Operator (Tractors) |
hour |
$ 14.48 |
1.55 |
$ 22.44 |
|
Operator (Self-Propelled Eq.) |
hour |
$ 14.48 |
0.25 |
$ 3.62 |
|
Diesel Fuel |
|
|
|
|
|
Tractors |
gallon |
$ 0.969 |
7.88 |
$ 7.64 |
|
Self-Propelled Eq. |
gallon |
$ 0.969 |
1.6 |
$ 1.55 |
|
Repair & Maintenance |
|
|
|
|
|
Tractors |
acre |
$ 3.41 |
1 |
$ 3.41 |
|
Self-Propelled Eq. |
acre |
$ 8.00 |
1 |
$ 8.00 |
|
Implements |
acre |
$ 7.52 |
1 |
$ 7.52 |
|
Sub-Total |
|
|
|
$ 228.82 |
|
Interest on Operating Capitalb
|
acre |
10% |
1 |
$ 6.64 |
|
Total Variable Cost |
acre |
|
1 |
$ 235.46 |
|
Returns Above Variable Cost |
acre |
|
1 |
$ 145.79 |
|
Fixed Cost |
|
|
|
|
|
Tractors |
acre |
$ 10.47 |
1 |
$ 10.47 |
|
Self Propelled Eq. |
acre |
$ 13.20 |
1 |
$ 13.20 |
|
Implements |
acre |
$ 17.11 |
1 |
$ 17.11 |
|
Land Charge |
acre |
$ 50.00 |
1 |
$ 50.00 |
|
Total Fixed Cost |
acre |
|
1 |
$ 90.78 |
|
Sub-Total |
acre |
|
1 |
$ 326.24 |
|
Management Feeb
|
acre |
7% |
1 |
$ 19.34 |
|
Total Cost |
acre |
|
1 |
$ 345.57 |
|
Net Returns |
acre |
|
1 |
$ 35.68 |