Get documents about "Pumpkins, Jack-o-Lantern
Document Sample
2002 Jack-o-Lantern Pumpkin Budget
Michigan State University Department of Agricultural Economics Staff Paper
Pumpkins, Jack-o-Lantern
Wholesale
Price per Cost per
Quantity Unit Unit Acre Your Farm
REVENUE SOURCES
Pumpkins 12 ton $ - $ -
TOTAL REVENUE $ -
EXPENSES
Soil test $ 2
Fall tillage1 $ 18
Spring ground preparation
Tillage2 $ 29
Fertilizer
Potash 200 lb $ 0.13 $ 26
Limestone 0.33 lb $ 20.00 $ 7
Seed 2 lb $ 16.00 $ 32
Planting3 $ 16
Fertilizer
20-20-20 250 lb $ 0.54 $ 135
20-20-20 with micros 5 lb $ 0.70 $ 4
Calcium nitrate 350 lb $ 0.15 $ 53
Herbicide Materials4 $ 22
Insecticide Materials5 $ 25
Fungicide Materials6 $ 156
Spray applications 12 apps $ 7.00 $ 84
Hoeing $ 25
Cultivate7 $ 16
Bees - Hive rental $ 70
Harvest
Windrowing $ 240
Labor8 34 boxes $ 9.00 $ 309
Boxes9 34 boxes $ 12.00 $ 411
Pallets 34 boxes $ 5.00 $ 171
Land rent $ 50
Insurance $ 7
Interest10 7% $ 29
Tool shed & repair overhead11 $ -
Marketing, management & supervision12 $ 150
TOTAL EXPENSES $ 2,086
2002 Jack-o-Lantern Pumpkin Budget
Michigan State University Department of Agricultural Economics Staff Paper
1 Includes chisel plowing and v-ripping every 3rd year. Amount of fall preparation needed is highly
dependent on previous year's crop.
2 Includes discing, field cultivation (herbicide is sprayed at this time), rotary hoeing and fertilizer spreading.
3 Plant using a planter with custom-made plates or a plateless planter.
4 Includes one pre-plant application each of Curbit and Command.
5 Includes 3.5 applications of Asana.
6 Includes 10 total applications of disease control materials which include Bravo Weatherstick, Champ,
Kocide and Nova alone or in combination
7 Includes field cultivation an average of 1.5 times per year and sidedress of calcium nitrate.
8 Includes clipping pumpkin from vine, minor cleaning and putting into the box.
9 Pumpkins are sold in 700 lb boxes.
10 Operating capital assumed to be half of the variable costs (excluding custom charges) for half of the
year.
11 These costs are included in custom rates.
12 Includes cost of marketing, management and supervision time and a vehicle for the manager.
2002 Jack-o-Lantern Pumpkin Budget
Michigan State University Department of Agricultural Economics Staff Paper
Expected Jack-o-Lantern pumpkin net income (loss) per
acre at selected price and yield combinations.
Yield, tons
Price 10 10.5 11 11.5 12
$ 120 $ (737) $ (714) $ (692) $ (669) $ (646)
$ 140 $ (537) $ (504) $ (472) $ (439) $ (406)
$ 160 $ (337) $ (294) $ (252) $ (209) $ (166)
$ 180 $ (137) $ (84) $ (32) $ 21 $ 74
$ 200 $ 63 $ 126 $ 188 $ 251 $ 314
2002 Jack-o-Lantern Pumpkin Budget Assumptions
Michigan State University Department of Agricultural Economics Staff Paper
Fertilizer Unit Price
N - urea lb N $ 0.25
N - NH3 lb N $ 0.20
P - MAP lb P2O5 $ 0.18
K - Potash lb K20 $ 0.13
Lime ton $ 20
Boron-14.3% lb $ 0.35
Sulfur lb $ 0.17
Calcium Nitrate (15-0-0-19) ton $ 305
20-20-20 (Nutraleaf/Tracit) lb $ 0.54
2002 Jack-o-Lantern Pumpkin Budget Assumptions
Michigan State University Department of Agricultural Economics Staff Paper
Cost per
Chemical App Rate App Number Cost per Chemical
Chemical Type per Acre Unit of Apps Cost/Unit Unit Chemical Type
Command H 12 oz 1 $ 82.00 gal $ 7.69
Curbit H 1.5 qt 1 $ 38.50 gal $ 14.44 $ 22.13
Asana I 9 oz 3.5 $102.00 gal $ 25.10 $ 25.10
Bravo Weatherstick F 1 qt 7 $ 44.50 gal $ 77.88
Champ F 1.5 pt 3 $ 25.43 gal $ 14.30
Kocide F 1 lb 3 $ 2.88 lb $ 8.64
Nova F 5 oz 3 $ 3.65 oz $ 54.75 $ 155.57
Related docs
