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4 | |||||||||||||
| 1999 COMMERCIAL PUMPKINS PRODUCTION BUDGET | ||||||||||||||
| ITEM | EXPLANATION | PRICE PER | YIELD (ton/A) | YOUR | ||||||||||
| UNIT | BUDGET | |||||||||||||
| 12 | 15 | 18 | ||||||||||||
| RECEIPTS 1 | ||||||||||||||
| Pumpkins | $160 | /ton | $1,920 | $2,400 | $2,880 | |||||||||
| VARIABLE COSTS | ||||||||||||||
| Seed 2 | 4 | lb. | 18.00 | /lb. | 72 | 72 | 72 | |||||||
| Fertilizer 3 | ||||||||||||||
| N | 100 | lb. | 0.23 | /lb. | 23 | 23 | 23 | |||||||
| P2O5 | 150 | lb. | 0.28 | /lb. | 42 | 42 | 42 | |||||||
| K2O | 100 | lb. | 0.13 | /lb. | 13 | 13 | 13 | |||||||
| Lime | 2000 | lb. | 14 | /ton | 14 | 14 | 14 | |||||||
| Bee Hive Rental | 1 | /acre | 40 | /hive | 40 | 40 | 40 | |||||||
| Pesticides 4 | 150 | 150 | 150 | |||||||||||
| Hired Labor 5 | 100 | hours | 6 | hr. | 600 | 600 | 600 | |||||||
| Fuel, Oil, Grease | 50 | 50 | 50 | |||||||||||
| Repairs | 25 | 25 | 25 | |||||||||||
| Miscellaneous | 20 | 20 | 20 | |||||||||||
| Int. on Oper. Cap. 6 | 5 | mo. | 9.0% | 20 | 20 | 20 | ||||||||
| TOTAL VARIABLE COSTS | -Per Acre | 1069 | 1069 | 1069 | ||||||||||
| -Per Ton | 89 | 71 | 59 | |||||||||||
| FIXED COSTS | ||||||||||||||
| Operator Labor Charge | 20 | hours | 7.50 | /hr. | 150 | 150 | 150 | |||||||
| Mach. And Equip. Charge 7 | 300 | 300 | 300 | |||||||||||
| Land Charge | Rent | 100 | 150 | 200 | ||||||||||
| Management Charge | 5% | of gross revenue | 96 | 120 | 144 | |||||||||
| TOTAL FIXED COSTS | 646 | 720 | 794 | |||||||||||
| TOTAL COSTS | -Per Acre | 1715 | 1789 | 1863 | ||||||||||
| -Per Ton | 143 | 119 | 103 | |||||||||||
| RETURN ABOVE VARIABLE COSTS | 851 | 1331 | 1811 | |||||||||||
| RETURN ABOVE TOTAL COSTS | 205 | 611 | 1017 | |||||||||||
| 1 | Expected receipts vary substantially depending on method of harvest and weather risk. | |||||||||||||
| 2 | Seed price based on Howden variety. Hybrid varieties may cost considerably more ($40 - $56/lb) | |||||||||||||
| 3 | Assumes only maintenance application of fertilizer needed. | |||||||||||||
| 4 | Consult current OSU Bulletin 672 for specific recommendations. | |||||||||||||
| 5 | Includes planting, cultivation, and harvest labor. Costs include wages, benefits, | |||||||||||||
| Workers Compensation, and employers share of Social Security tax. | ||||||||||||||
| 6 | Interest on all variable costs, except harvesting, hauling, and topping for 5 months at 9% interest rate. | |||||||||||||
| 7 | Does not include any equipment or facilities for storage or marketing. | |||||||||||||