(Delivered to Grand Forks, ND, JR Simplot Co. and Jamestown, ND Cavendish Farms)
|
Item |
Q/Acre |
Unit |
Pr/Unit ($) |
Value or Cost/Acre ($) |
|
|
|
|
|
|
|
Gross Returns R. Burbanks Potatoes |
375.00 |
Cwt |
4.40 |
1650.00 |
|
Trucking Allowance |
375.00 |
Cwt |
0.75 |
281.25 |
|
|
|
|
|
|
|
Variable Costs |
|
|
|
|
|
Seed: |
|
|
|
|
|
Potato Seed, Treatment, & Cut |
20.00 |
Cwt |
10.50 |
210.00 |
|
Fertilizer: |
|
|
|
|
|
Preplant 12-27-9-8-4#Zn-4#Cu |
275.00 |
Units |
|
54.11 |
|
29-10-13 |
100.00 |
Units |
|
12.84 |
|
28-0-0 |
230.00 |
Lb |
0.26 |
59.80 |
|
NH3 |
40.00 |
Lb |
0.14 |
5.60 |
|
Pesticide: |
|
|
|
|
|
Ridomil |
4.00 |
Lb |
11.47 |
45.88 |
|
Roundup |
0.13 |
Gal |
18.00 |
2.34 |
|
Sencor |
0.39 |
Lb |
21.00 |
8.15 |
|
Matrix |
1.30 |
Oz |
13.75 |
17.88 |
|
Bravo Zn |
1.50 |
Pt |
6.75 |
60.75 |
|
Quadris |
6.40 |
Oz |
2.50 |
32.00 |
|
Irrigation: |
|
|
|
|
|
Irrigation Power |
|
|
|
30.00 |
|
Other: |
|
|
|
|
|
Transportation – Trucking |
399.00 |
Cwt. |
1.40 |
558.60 |
|
Crop Insurance |
|
|
30.00 |
|
|
1Field Work: Spring, Summer, Fall |
|
|
|
245.00 |
|
Miscellaneous (Soil Testing, Irrigation Schd.) |
|
|
10.00 |
|
|
Labor (Sorters, Graders) |
|
|
45.20 |
|
|
Interest on Operating Capital (8% for 6 Mos.) |
|
|
|
40.17 |
|
Total Variable Costs/Acre |
|
|
|
1468.29 |
|
Net Returns Above Variable Costs |
|
|
|
462.96 |
|
|
|
|
|
|
|
Fixed Cash Costs |
|
|
|
|
|
Land, Irrigation Lease/Investment |
|
|
|
170.00 |
|
|
|
|
|
|
|
2Non-Cash Fixed Costs (Depreciation) |
|
|
|
|
|
Machinery/Irrigation Equipment |
|
|
|
- |
|
Total Non-Cash Fixed Costs |
|
|
|
- |
|
|
|
|
|
|
|
TOTAL COSTS/ACRE |
|
|
|
1638.29 |
|
|
|
|
|
|
|
NET RETURN TO RISK/MANAGEMENT |
|
|
|
292.96 |
1Field work rates derived from “2000 Custom Farm Work Rates on North Dakota Farms by North Dakota Regions”
2Depreciation not included because custom work rates and irrigated land rent reflect all costs for machinery and
irrigation equipment.