FrBoscpear 1
FRESH PEARS - BOSC ENTERPRISE BUDGET Number of Acres = 1 Profit Per Acre: 1 tonne =
Revised: Aug '03 $2,788 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 Participating in CI? (y/n)
Optimistic 10.0 1102.00 10
Expected 8.0 887.00 8
Pessimistic 6.5 628.00 7
386.73 75% 6.00 12.65% $97.82 Yes Unit/Ac ------hr. hr. kg or l kg or l kg or l kg or l kg or l Unit/Ac ------Number -----160 27.6 150 150 0 0 0 Number -----Cost/Unit 8.55 12.99 0.320 0.293 0.000 0.000 0.000 Cost/Unit $/Acre -----1368 359 48 44 0 0 0 $/Acre -----$/Year ------1368 359 48 44 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 kg or l
5 0 0 2 0 7 0 0 1 0 0
69.80 0.00 0.00 15.00 0.00 28.71 0.00 0.00 7.00 0.00 0.00
349 0 0 30 0 201 0 0 7 0 0
349 0 0 30 0 201 0 0 7 0 0
Page -1
Other Expenses: Manure Cover Crop Seed Consulting Fees Crop Insurance Replacement Trees Other #1- Irrigation Other #2 - Leaf,Hive,Mulch Other #3 - Misc. Custom Work 1. 2.
Unit/Ac ------tons $ $ Insurance no. $ $ $ $ $ Typical $/Acre 191 171 0 0 0 %int 6 %year 50
Number -----0 0 1 1 0 1 1 0 0 0 Enterprise $ Allocated 0 0 0 0 0
Cost/Unit 12.00 24.00 25.00 386.73 4.29 63.00 183.00 0.00 0.00 0.00
$/Acre -----0 0 25 387 0 63 183 0 0 0
$/Year ------0 0 25 387 0 63 183 0 0 0
Fuel Mach. Repair & Maint. Bldg. Repair & Maint. Rent and Labour General Variable Costs Interest on Operating Capital Total Variable Costs
$/Acre 191 171 0 0 0
$/Year 191 171 0 0 0
0
102 -----3527
102 ------3527
Fixed Costs: Depreciation Interest on Term Loans Long-term Leases General Fixed Costs Total Fixed Costs
Typical $/Acre 341 98 0 440
Enterprise $ Allocated 0 0 0 0
$/Acre 341 98 0 440 -----879
$/Year 341 98 0 440 ------879
Revenues: Total Expected Revenues add: Expected Insurance Revenues less: Variable Costs Expected Operating Margin less: Fixed Costs Expected Net Revenue
$/Acre 7096 98 3527 -----3667 879 -----2788
$/Year 7096 98 3527 -----3667 879 -----2788
Break-even $/ton to cover:
Variable Costs Fixed Costs Total Costs
440.90 109.88 -----550.77
Page -2
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 %
82% 82% 0.43
5726 4090 2788 1485 -151
Page -3