White Potatoes

Table 43: Costs and Returns Per Acre - White Potato

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	170	$ 54.40
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
Novador	gal	$ 31.00	1	$ 31.00
Mancozeb	lb	$ 2.65	10	$ 26.50
Monitor	gal	$ 70.00	0.19	$ 13.13
Asana XL	gal	$ 135.00	0.06	$ 8.44
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	9.59	$ 138.86
Regular Hired	hour	$ 10.13	10.33	$ 104.64
Seasonal Hired	hour	$ 7.24	2	$ 14.48
Repair, Maintenance & Fuel
Tractors, Trucks and Implements	acre	$ 99.19	1	$ 99.19
Sub-Total				$ 1,000.16
Interest on Operating Capital^a	acre	10%	1	$ 29.00
Total Variable Costs	acre		1	$ 1,029.16
Returns Above Variable Costs	acre		1	$ 428.84
Fixed Costs
Tractors and Implements	acre	$ 138.83	1	$ 138.83
Land Charge	acre	$ 50.00	1	$ 50.00
Total Fixed Cost	acre		1	$ 188.83
Sub-Total	acre		1	$ 1,217.99
Management Fee^a	acre	7%	1	$ 81.76
Total Costs	acre		1	$ 1,299.75
Net Returns	acre		1	$ 158.25

^a See text for calculation assumptions.