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PROCESSING PEARS - BARTLETT ENTERPRISE BUDGET Revised: Jun '03 Profit Per Acre: $2,468.82 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 Participating in CI? (y/n)
Optimistic 13.0 550.00 13
Expected 11.0 500.00 11
Pessimistic 6.0 418.00 6
222.75 75% 8.25 21.60% $215.72 Yes Unit/Ac ------hr. hr. kg or l kg or l kg or l kg or l kg or l Unit/Ac ------Number -----135 21 150 150 0 0 0 Number -----Cost/Unit 8.55 12.95 0.320 0.293 0.000 0.000 0.000 Cost/Unit $/Acre -----1154 272 48 44 0 0 0 $/Acre -----$/Year ------1154 272 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 Fert.(Crop Booster) 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 Unit/Ac -------
5 0 0 2 0 5 0 0 1 0 0 Number ------
69.80 0.00 0.00 20.50 0.00 34.00 0.00 0.00 7.00 0.00 0.00 Cost/Unit -
349 0 0 41 0 170 0 0 7 0 0 $/Acre ------
349 0 0 41 0 170 0 0 7 0 0 $/Year -------
Other Expenses:
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Manure Containers Consulting Fees Crop Insurance Replacement Trees Other #1-Irrigation Other #2-Leaf,Hive,Mulch Other #3- Misc Custom Work 1. 2.
tons no. $ Insurance no. $ $ $ $ $ Typical $/Acre 150 116 0 0 0 %int 6 %year 50
0 0 1 1 0 1 1 0 0 0 Enterprise $ Allocated 0 0 0 0 0
12.00 0.24 25.00 222.75 0.00 63.00 183.00 0.00 0.00 0.00
0 0 25 223 0 63 183 0 0 0
0 0 25 223 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 150 116 0 0 0
$/Year 150 116 0 0 0
0
85 -----2930
85 ------2930
Fixed Costs: Depreciation Interest on Term Loans Long-term Leases General Fixed Costs Total Fixed Costs
Typical $/Acre 119 88 110
Enterprise $ Allocated 0 0 0 0
$/Acre 119 88 0 110 -----317
$/Year 119 88 0 110 ------317
Revenues: Total Expected Revenues add: Expected Insurance Revenues less: Variable Costs Expected Operating Margin less: Fixed Costs Expected Net Revenue
$/Acre 5500 216 2930 -----2786 317 -----2469
$/Year 5500 216 2930 -----2786 317 -----2469
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Break-even $/ton to cover:
Variable Costs Fixed Costs Total Costs
266.35 28.82 -----295.17
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 %
86% 86% 0.42
4700 3458 2469 1480 238
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