Sweet Corn (Mid to Late Season)

Table 58: Costs and Returns for Sweet Corn (Mid to Late Season), Per Acre

ITEM	UNIT	PRICE	QUANTITY	TOTAL
Receipts
Sweet Corn	crt	$ 8.40	240	$ 2,016.00

Variable Costs
Custom
Apply Calcium Lime	ton	$ 25.00	0.5	$ 12.50
Cultivating	acre	$ 7.60	3	$ 22.80
Fertilizer
N	pound	$ 0.24	100	$ 24.00
P	pound	$ 0.23	80	$ 18.40
K	pound	$ 0.14	40	$ 5.60
Herbicides
Bladex 4L	gallon	$ 24.00	0.5	$ 12.00
Dual 8E	gallon	$ 58.90	0.18	$ 10.60
Insecticides
Asana XL	gallon	$ 118.00	0.53	$ 62.54
Lannate LV	gallon	$ 44.00	1.3	$ 57.20
Sevin 80S	pound	$ 3.78	8.75	$ 33.08
Counter 15G	pound	$ 1.67	8.7	$ 14.53
Corn Seed
Seed	pound	$ 7.50	12	$ 90.00
Labor
Operator	hour	$ 14.48	3.82	$ 55.31
Hand Harvesting	acre	$ 140.00	1	$ 140.00
Packing and Grading	acre	$ 140.00	1	$ 140.00
Irrigation
Overhead Irrigation	acre	$ 192.00	1	$ 192.00
Diesel Fuel
Tractors	gallon	$ 0.969	10.33	$ 10.00
Repair & Maintenance
Tractors	acre	$ 5.67	1	$ 5.67
Implements	acre	$ 5.58	1	$ 5.58
Marketing
Packing Crates	crate	$ 1.40	240	$ 336.00
Selling Charge	gross revenue	3%		$ 60.48
Sub-Total				$ 1,308.29
Interest on Operating Capital^a	acre		1	$ 24.88
Total Variable Costs	acre		1	$ 1,333.17
Returns Above Variable Costs	acre		1	$ 682.83
Fixed Costs
Tractors	acre	$ 12.28	1	$ 12.28
Implements	acre	$ 9.98	1	$ 9.98
Land Charge	acre	$ 100.00	1	$ 100.00
Total Fixed Costs	acre		1	$ 122.26
Total Fixed & Variable Costs	acre		1	$ 1,455.43
Management Fees^a	acre	7%	1	$ 94.88
Total Costs	acre		1	$ 1,550.31
Net Returns	acre		1	$ 465.69

^a See text for calculation assumptions.