Rutgers New Jersey Agricultural Experiment Station | Rutgers Home Search Rutgers

Table 30: Costs and Returns for Leaf Lettuce, Per Acre

Conventional Production Practices, Northeastern United States, 1996

ITEM UNIT PRICE QUANTITY TOTAL
         
Receipts        
Leaf Lettuce crt $ 6.46 1,200 $ 7,752.00
         
Variable Costs        
Custom        
Apply Calcium Lime ton $ 27.65 0.75 $ 20.74
Soil Test acre $ 1.00 1 $ 1.00
Fertilizer        
N lb $ 0.32 135 $ 43.20
P lb $ 0.32 50 $ 16.00
K lb $ 0.14 150 $ 21.00
Herbicides        
Pronamide (Kerb) lb $ 22.05 1.5 $ 33.08
Sethoxydim (Poast) lb $ 102.26 0.125 $ 12.78
Fungicides        
Ridomil Gold gallon $ 160.00 0.75 $ 120.00
Aliette lb $ 10.50 3 $ 31.50
Rovral WP lb $ 21.60 1.5 $ 32.40
Pesticides        
Admire gallon $ 525.00 0.13 $ 69.73
Warrior gallon $ 310.00 0.3 $ 93.00
Orthene 75S lb $ 12.00 6 $ 72.00
Larvin gallon $ 54.20 0.46 $ 24.93
Seed        
Lettuce Seeds lb $ 15.00 2.5 $ 37.50
Labor        
Operator hour $ 14.48 14.7 $ 212.86
Seasonal Hired hour $ 7.24 7.6 $ 55.02
Seasonal Hired - Harvest hour $ 7.24 95 $ 687.80
Irrigation        
Overhead Irrigation Operating Cost acre $ 192.00 1 $ 192.00
Repair,Maintenance, Fuel        
Tractors acre $ 106.50 1 $ 106.50
Implements acre $ 18.15 1 $ 18.15
Marketing Costs        
Packing Crates crate $ 1.50 1200 $ 1,800.00
Vineland Selling Charge gross revenue 3%   $ 232.56
Sub-Total       $ 3,933.75
Interest on Operating Capital acre 10% 1 $ 55.84
Total Variable Costs acre   1 $ 3,989.59
Returns Above Variable Costs acre   1 $ 3,762.41
Fixed Costs        
Tractors acre $ 143.35 1 $ 143.35
Implements acre $ 119.25 1 $ 119.25
Land Charge acre $ 100.00 1 $ 100.00
Total Fixed Costs acre   1 $ 362.60
Total Fixed & Variable Costs acre   1 $ 4,352.19
Management Fees acre 7% 1 $ 171.65
Total Costs acre   1 $ 4,523.84
Net Returns acre   1 $ 3,228.16

aSee text for calculation assumptions.

-----