HiDprpeach 1
HIGH DENSITY PROCESSING PEACH ENTERPRISE BUDGET Revised: Aug '03 Profit Per Acre: 4013 Number of Acres = 1 1 tonne = 1.10231 tons
Yield - tons Price - $/ton Production- tons Crop Insurance C.I. Premium/ac: Level of Coverage Guaranteed Yield/ac. Probability of a payout Expected Payout/ac Participate in CI? (y/n)
Optimistic 17.0 570.00 17
Expected 15.0 540.00 15
Pessimistic 9.0 480.00 9
272.16 70% 10.50 13.03% $141.07 Y Unit/Ac ------hr. hr. kg or l kg or l kg or l kg or l kg or l Unit/Ac ------Number -----224 31.6 200 125 0 0 0 Number -----Cost/Unit 8.55 13.00 0.320 0.288 0.000 0.000 0.000 Cost/Unit $/Acre -----1915 411 64 36 0 0 0 $/Acre -----$/Year ------1915 411 64 36 0 0 0 $/Year -------
Expenses ANNUAL PRODUCTION COSTS: Seasonal Labour Operator Labour Fertilizers: 1. Ammonium Nitrate 2. Muriate of Potash 3. 4. 5.
Spray Materials: Insecticides: 1. All Insecticides 2. _______________ 3. _______________ Herbicides: 1. All Herbicides 2. _______________ Fungicides: 1. All Fungicides 2. _______________ 3. _______________ Other Sprays 1. Foliar Fertilizer 2. All Other Sprays 3. _______________
kg or l kg or l kg or l kg or l kg or l kg or l kg or l kg or l $ kg or l kg or l Unit/Ac -------
6 0 0 2 0 5 0 0 1 0 0 Number ------
29.00 0.00 0.00 15.00 0.00 30.60 0.00 0.00 7.00 0.00 0.00 Cost/Unit -
174 0 0 30 0 153 0 0 7 0 0 $/Acre ------
174 0 0 30 0 153 0 0 7 0 0 $/Year -------
Other Expenses:
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Manure Cover Crop Seed Consulting Fees Crop Insurance Replacement Trees Other #1- Irrigation Other #2 - Leaf Analysis Other #3 - Misc. Custom Work 1. 2.
tons $ $ Insurance no. $ $ $ $ $ Typical $/Acre 224 215 0 0 0 %int 6 %year 50
0 1 1 1 0 1 1 0 0 0 Enterprise $ Allocated 0 0 0 0 0
12.00 24.00 50.00 272.16 4.29 100.00 32.00 0.00 0.00 0.00
0 24 50 272 0 100 32 0 0 0
0 24 50 272 0 100 32 0 0 0
Fuel Mach. Repair & Maint. Bldg. Repair & Maint. Rent and Labour General Variable Costs Interest on Operating Capital Total Variable Costs
$/Acre 224 215 0 0 0
$/Year 224 215 0 0 0
0
110 -----3817
110 -----3817
Fixed Costs: Depreciation Interest on Term Loans Long-term Leases General Fixed Costs Total Fixed Costs
Typical $/Acre 177 124 0 110
Enterprise $ Allocated 0 0 0 0
$/Acre 177 124 0 110 -----411
$/Year 177 124 0 110 -----411
Revenues: Total Expected Revenues add: Expected Insurance Revenues less: Variable Costs Expected Operating Margin less: Fixed Costs Expected Net Revenue
$/Acre 8100 141 3817 -----4424 411 -----4013
$/Year 8100 141 3817 -----4424 411 -----4013
Break-even $/ton to cover:
Variable Costs Fixed Costs Total Costs
254.48 27.40 -----281.88
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Chance of at least breaking even ==> Chance of at least 0 $/acre return ==> Coefficient of variation ==> Returns $/acre Chances of at least this return per acre 17 % 33 % 50 % 67 % 83 %
91% 91% 0.37
6951 5315 4013 2710 1075
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