Snap Beans

Table 56: Costs and Returns for Snap Bean, Per Acre

ITEM	UNIT	PRICE	QUANTITY	TOTAL
Receipts
Snap Beans	crt	$ 10.02	133	$ 1,333.00

Variable Costs
Custom
Apply Calcium Lime	ton	$ 25.00	1	$ 25.00
Soil Test	acre	$ 1.00	1	$ 1.00
Fertilizer
N	pound	$ 0.28	15	$ 4.20
P	pound	$ 0.32	30	$ 9.60
K	pound	$ 0.22	60	$ 13.20
Herbicides
Dual	gallon	$ 58.90	0.31	$ 18.26
Basagran	gallon	$ 25.24	0.19	$ 4.80
Poast	gallon	$ 104.50	0.31	$ 32.40
Fungicides
Ridomil	gallon	$ 70.00	0.375	$ 26.25
Benlate	pound	$ 7.34	2	$ 14.68
Insecticides
Asana XL	gallon	$ 132.00	39 oz	$ 40.22
Lannate	gallon	$ 39.00	0.5	$ 19.50
Other
Snap Bean Seed	pound	$ 1.00	80	$ 80.00
Labor
Operator	hour	$ 14.48	4	$ 57.92
Harvesting	acre	$ 45.00	1	$ 45.00
Grading and Packing	acre	$ 30.00	1	$ 30.00
Irrigation
Overhead Irrigation	acre	$ 192.00	1	$ 192.00
Diesel Fuel
Tractors	gallon	$ 0.950	4.368	$ 4.15
Repair & Maintenance
Tractors	acre	$ 21.89	1	$ 21.89
Equipment	acre	$ 11.52	1	$ 11.52
Marketing
Packing Boxes	box	$ 1.00	133	$ 133.00
Selling Charges	gross revenue	3%		$ 39.99
Sub-Total				$ 824.58
Interest on Operating Capital^a	acre	10%	1	$ 18.45
Total Variable Costs	acre		1	$ 843.03
Returns Above Variable Costs	acre		1	$ 489.97
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	$ 966.60
Management Fees^a	acre	7%	1	$ 60.66
Total Costs	acre		1	$ 1,027.26
Net Returns	acre		1	$ 305.74

^aSee text for calculation assumptions.