Table 6: Costs and Returns for White Potato, Per Acre

ITEM	UNIT	PRICE	QUANTITY	TOTAL

Receipts
Potatoes	cwt	$ 5.40	270	$ 1,458.00

Variable Costs
Custom
Apply Calcium Fertilizer	ton	$ 27.65	0.5	$ 13.83
Soil Test	acre	$ 1.00	1	$ 1.00
Fertilizer
N	pound	$ 0.32	200	$ 64.00
P	pound	$ 0.32	150	$ 48.00
K	pound	$ 0.14	150	$ 21.00
Herbicides
Diquat	gal	$ 80.28	0.25	$ 20.07
Dual 8E	gal	$ 65.00	0.25	$ 16.25
Roundup Ultra	gal	$ 54.00	0.5	$ 27.00
Sencor 75DF	pound	$ 26.50	0.66	$ 17.49
Fungicides
Bravo 720	gal	$ 51.80	0.5	$ 25.90
Manzate 200	pound	$ 3.05	14	$ 42.70
Tops Potato Dust	pound	$ 2.35	20	$ 47.00
Insecticides
Dyfonate 4E	gal	$ 53.00	1	$ 53.00
Guthion 2S	gal	$ 35.70	0.19	$ 6.71
Monitor 4E	gal	$ 76.00	0.25	$ 19.00
Admire	gal	$ 525.00	0.13	$ 65.63
Sevin XLR	gal	$ 25.44	0.13	$ 3.18
Other
Sticker/Spreader	oz	$ 0.22	32	$ 7.04
Surfactant	oz	$ 0.14	16	$ 2.24
Seed
Potato Seed	cwt	$ 11.00	20	$ 220.00
Labor
Operator	hour	$ 14.48	5.85	$ 84.71
Regular Hired	hour	$ 10.13	12	$ 121.56
Seasonal Hired (Cut seed)	hour	$ 7.24	2	$ 14.48
Diesel Fuel
Tractors	gallon	$ 0.969	24.69	$ 23.92
Repair & Maintenance
Tractors	acre	$ 11.05	1	$ 11.05
Implements	acre	$ 64.22	1	$ 64.22
Sub-Total				$ 1,040.98
Interest on Operating Capital^a	acre	10%	1	$ 30.19
Total Variable Costs	acre		1	$ 1,071.17
(Continued on next page)
Returns Above Variable Costs	acre		1	$ 386.83
Fixed Costs
Tractors	acre	$ 32.72	1	$ 32.72
Implements	acre	$ 106.11	1	$ 106.11
Land Charge	acre	$ 50.00	1	$ 50.00
Total Fixed Costs	acre		1	$ 188.83
Total Fixed & Variable Costs	acre		1	$ 1,260.00
Management Fees ^a	acre	7%	1	$ 84.70
Total Costs	acre		1	$ 1,344.70
Net Returns	acre		1	$ 113.30

^a See text for calculation assumptions.