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6 | |||||||||||||
| 1999 SUGARBEET PRODUCTION BUDGET | ||||||||||||||
| Conventional Tillage Practices | ||||||||||||||
| ITEM | EXPLANATION | PRICE PER | YIELD (ton/A) | YOUR | ||||||||||
| UNIT | BUDGET | |||||||||||||
| 16 | 20 | 24 | ||||||||||||
| RECEIPTS 1 | ||||||||||||||
| Sugarbeets | $38.00 | /ton | $608 | $760 | $912 | |||||||||
| VARIABLE COSTS | ||||||||||||||
| Seed | 1 | lb. | 22.00 | /lb. | 22 | 22 | 22 | |||||||
| Fertilizer 2 | ||||||||||||||
| N (lb.) | 90 | 120 | 120 | 0.23 | /lb. | 21 | 28 | 28 | ||||||
| P2O5(lb.) | 60 | 90 | 90 | 0.28 | /lb. | 17 | 25 | 25 | ||||||
| K2O(lb.) | 200 | 200 | 300 | 0.13 | /lb. | 26 | 26 | 39 | ||||||
| Lime(lb.) | 1000 | 14 | /ton | 7 | 7 | 7 | ||||||||
| Pesticides 3 | 80 | 80 | 80 | |||||||||||
| Fuel, Oil, Grease | 16 | 16 | 16 | |||||||||||
| Repairs | 20 | 20 | 20 | |||||||||||
| Hired Labor (hoeing) | 5 | hours | 6 | hr. | 30 | 30 | 30 | |||||||
| Harvesting, Hauling, and Topping | ||||||||||||||
| (Custom Hired) | 8 | ton | 128 | 160 | 192 | |||||||||
| Crop Insurance | 12 | 12 | 12 | |||||||||||
| Miscellaneous 4 | 8 | 8 | 8 | |||||||||||
| Int. on Oper. Cap. 5 | 9 | mo. | 9.0% | 17 | 18 | 19 | ||||||||
| TOTAL VARIABLE COSTS | -Per Acre | 404 | 452 | 498 | ||||||||||
| -Per Ton | 25.25 | 22.61 | 20.76 | |||||||||||
| FIXED COSTS | ||||||||||||||
| Operator Labor Charge | 7 | hours | 7.50 | /hr. | 53 | 53 | 53 | |||||||
| Mach. And Equip. Charge | 57 | 57 | 57 | |||||||||||
| Land Charge | Rent | 35 | 70 | 105 | ||||||||||
| Management Charge | 5% | of gross revenue | 30 | 38 | 46 | |||||||||
| TOTAL FIXED COSTS | 175 | 218 | 260 | |||||||||||
| TOTAL COSTS | -Per Acre | 579 | 670 | 758 | ||||||||||
| -Per Ton | 36.18 | 33.49 | 31.59 | |||||||||||
| RETURN ABOVE VARIABLE COSTS | 204 | 308 | 414 | |||||||||||
| RETURN ABOVE TOTAL COSTS | 29 | 90 | 154 | |||||||||||
| 1. No interest charges are included, even though payments received in two or more payments. | ||||||||||||||
| Assume average sugar content of 17.5%. | ||||||||||||||
| 2. Assumes only maintenance application of fertilizer needed. | ||||||||||||||
| Recommendations based on yield goal in tons, preceding crop, and CEC. | ||||||||||||||
| 3. Consult current OSU Bulletins 472, 789, 2567, and 672 for specific recommendations. | ||||||||||||||
| 4. Includes supplies, utilities, soil tests, small tools, etc.… | ||||||||||||||
| 5. Interest on all variable costs, except harvesting, hauling, and topping for 9 months at 9% interest rate. | ||||||||||||||