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Farm Management
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Table 31: Costs and Returns for Snap Bean, Per AcreConventional Production Practices
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| ITEM | UNIT | PRICE | QUANTITY | TOTAL |
| Receipts | ||||
| Snap Beans | crt | $ 10.02 | 133 | $ 1,333.00 |
| Variable Costs | ||||
| Custom | ||||
| Apply Calcium Lime | ton | $ 27.65 | 1 | $ 27.65 |
| Soil Test | acre | $ 1.00 | 1 | $ 1.00 |
| Fertilizer | ||||
| N | lb | $ 0.32 | 60 | $ 19.20 |
| P | lb | $ 0.32 | 60 | $ 19.20 |
| K | lb | $ 0.14 | 60 | $ 8.40 |
| Herbicides | ||||
| Imazethapyr (Pursuit) | oz | $ 15.40 | 0.75 | $ 11.55 |
| Dual 8E | gallon | $ 64.66 | 0.25 | $ 16.17 |
| Fungicides | ||||
| Bravo 720 | gallon | $ 51.80 | 0.4 | $ 20.72 |
| Ridomil Gold | gallon | $ 160.00 | 0.19 | $ 60.00 |
| Benlate 50W | lb | $ 15.80 | 1 | $ 15.80 |
| Topsin M | lb | $ 17.50 | 0.75 | $ 13.13 |
| Insecticides | ||||
| Thimet 20G | lb | $ 2.05 | 5.75 | $ 11.79 |
| Asana XL | gallon | $ 132.00 | 0.3 | $ 39.60 |
| Dimethoate #4 | gallon | $ 34.66 | 0.125 | $ 4.33 |
| Sevin 80S | lb | $ 4.45 | 1.25 | $ 5.56 |
| Orthene 75S | lb | $ 12.00 | 1 | $ 12.00 |
| Other | ||||
| Snap Bean Seed | lb | $ 1.00 | 80 | $ 80.00 |
| Labor | ||||
| Operator | hour | $ 14.48 | 5.11 | $ 73.99 |
| Harvesting | acre | $ 45.00 | 1 | $ 45.00 |
| Grading and Packing | acre | $ 30.00 | 1 | $ 30.00 |
| Irrigation | ||||
| Overhead Irrigation Operating Costs | acre | $ 192.00 | 1 | $ 192.00 |
| Diesel Fuel | ||||
| Tractors | gallon | $ 0.969 | 9.37 | $ 9.08 |
| Repair & Maintenance | ||||
| Tractors | acre | $ 21.89 | 1 | $ 21.89 |
| Equipment | acre | $ 11.52 | 1 | $ 11.52 |
| Marketing Costs | ||||
| Packing Boxes | box | $ 1.00 | 133 | $ 133.00 |
| Vineland Selling Charge | gross revenue | 3% | $ 39.99 | |
| Sub-Total | $ 922.57 | |||
| Interest on Operating Capitala | acre | 10% | 1 | $ 21.29 |
| Total Variable Costs | acre | 1 | $ 943.86 | |
| Returns Above Variable Costs | acre | 1 | $ 389.14 | |
| Fixed Costs | ||||
| Tractors | acre | $ 5.89 | 1 | $ 5.89 |
| Implements | acre | $ 17.68 | 1 | $ 17.68 |
| Land Charge | acre | $ 100.00 | 1 | $ 100.00 |
| Total Fixed Costs | acre | 1 | $ 123.57 | |
| Total Fixed & Variable Costs | acre | 1 | $ 1,067.43 | |
| Management Feesa | acre | 7% | 1 | $ 58.41 |
| Total Costs | acre | 1 | $ 1,125.84 | |
| Net Returns | acre | 1 | $ 207.16 |
a See text for calculation assumptions.
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Rutgers is an equal opportunity, affirmative action institution. ©2006 Rutgers, The State University of New Jersey Last modified October 17, 2006 brumfield@aesop.rutgers.edu webmaster@rcre.rutgers.edu |