Swchry 1
SWEET CHERRY ENTERPRISE BUDGET Number of Acres = 1
Revised: July '03 Profit Per Acre: $13,659 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 8 3900 8
Expected 6 3329 6
Pessimistic 2 1435 2
1643.00 70% 4.2 27.43% $1,685 Yes Unit/Ac ------hr. hr. kg or l kg or l kg or l kg or l Unit/Ac ------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 kg or l Number -----414 31.7 110 132 0 0 Number -----3 0 0 2 0 12 0 0 0 0 0 Cost/Unit 8.55 13.00 0.320 0.287 0.000 0.000 Cost/Unit 32.33 0.00 0.00 20.50 0.00 29.58 0.00 0.00 0.00 0.00 0.00 $/Acre ------3540 412 35 38 0 0 $/Acre ------97 0 0 41 0 355 0 0 0 0 0 $/Year ------3540 412 35 38 0 0 $/Year ------97 0 0 41 0 355 0 0 0 0 0
Expenses ANNUAL PRODUCTION COSTS: Seasonal Labour Operator Labour Fertilizers: 1. Am.Nitrate 2. Muriate of Potash 3. 4.
Insecticides: 1. All Insecticides 2. _______________ 3. _______________ Herbicides: 1. All Herbicides 2. _______________ Fungicides: 1. All Fungicides 2. _______________ 3. _______________ Other Sprays 1. All Other Sprays 2. _______________ 3. _______________
Other Expenses: Manure Cover Crop Seed Consulting Fees Crop Insurance
Unit/Ac ------tons $ $ Insurance
Number -----0 1 0 1
Cost/Unit 12.00 24.00 0.00 1643.00
$/Acre ------0 24 0 1643
$/Year ------0 24 0 1643
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Unit/Ac Other Expenses: ------Containers no. OtherBird Control,Mulch,Bee Hive $ Custom Work 1. $ 2. $ Typical $/Acre 221 186 0 0 0 %int 6 %year 50
Number -----0 1 0 0 Enterprise $ Allocated 0 0 0 0 0
Cost/Unit 0.14 285.00 0.00 0.00
$/Acre ------0 285 0 0
$/Year ------0 285 0 0
Fuel Mach. Repair & Maint. Bldg. Repair & Maint. Rent and Labour General Variable Costs Interest on Operating Capital Total Variable Costs Fixed Costs: Depreciation Interest on Term Loans Long-term Leases General Fixed Costs Total Fixed Costs
$/Acre 221 186 0 0 0
$/Year 221 186 0 0 0
0
206 ------7083 $/Acre 364 113 0 440 ------917
206 ------7083 $/Year 364 113 0 440 ------917
Typical $/Acre 364 113 0 440
Enterprise $ Allocated 0 0 0 0
Revenues: Total Expected Revenues add: Expected Insurance Revenues less: Variable Costs Expected Operating Margin less: Fixed Costs Expected Net Revenue
$/Acre 19974 1685 7083 ------14576 917 ------13659
$/Year 19974 1685 7083 ------14576 917 ------13659
Break-even $/pt to cover:
Variable Costs Fixed Costs Total Costs
1180.47 152.83 ------1333.31 85% 85% 0.65
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 %
26319 19271 13659 8046 998
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