SWEETPOTATOES: FRESH MARKET, Irrigated Kentucky Estimated per Acre Costs and Returns for 2011 Quantity Unit $/Unit Total GROSS RETURNS US #1 $ 5,500.00 275 box $ 20.00 US #2 $ 1,800.00 150 box $ 12.00 425 $ 7,300.00 TOTAL box VARIABLE COSTS Production $ 10.00 Lime 0.5 ton $ 20.00 $ - Fertilizer: Starter $ - $ 200.00 Spread lbs $ - $ 650.00 Plants 13 thousand $ 50.00 $ 90.00 Transplant Labor 10 hrs $ 9.00 $ 75.00 Herbicides 1 acre $ 75.00 $ 125.00 Pesticides 1 acre $ 125.00 $ 382.00 Drip Lines 1 acre $ 382.00 $ 71.48 Machinery Variable Costs 1 acre $ 71.48 $ 1,603.48 Total Preharvest Variable Costs HARVESTING AND MARKETING $ 28.27 Variable Machine Costs 1 acre $ 425.00 Boxes 425 boxes $ 1.00 $ 360.00 Hired Labor: Harvest 40 hrs $ 9.00 $ 425.00 Sorting/Grading/Packing 425 boxes $ 1.00 $ 730.00 Marketing Costs (10% of Gross) 10.0% gross $ 1,968.27 Total Harvesting and Marketing Cost $ 116.44 Interest on Variable Costs $ 3,688.20 TOTAL VARIABLE COST $ 3,611.80 RETURN ABOVE VARIABLE COSTS FIXED COSTS $ 100.19 Machinery and Equipment $ 200.00 Depreciation on Irrigation System $ 5.00 Taxes on Land $ 36.50 Insurance $ 341.69 TOTAL FIXED COSTS $ 4,029.89 TOTAL EXPENSES $ 3,270.11 RETURN TO OPERATOR LABOR, LAND, CAPITAL, & MGT.
SWEETPOTATOES: FRESH MARKET, Irrigated Kentucky Estimated per Acre Costs and Returns for 2011 Quantity Unit $/Unit Total GROSS RETURNS US #1 275 box $ 20.00 $ 5,500.00 US #2 150 box $ 12.00 $ 1,800.00 TOTAL 425 box $ 7,300.00 VARIABLE COSTS Production Lime 0.5 ton $ 20.00 $ 10.00 Fertilizer: Starter $ - $ - Spread lbs $ - $ 200.00 Plants 13 thousand $ 50.00 $ 650.00 Transplant Labor 10 hrs $ 9.00 $ 90.00 Herbicides 1 acre $ 75.00 $ 75.00 Pesticides 1 acre $ 125.00 $ 125.00 Drip Lines 1 acre $ 382.00 $ 382.00 Machinery Variable Costs 1 acre $ 71.48 $ 71.48 Total Preharvest Variable Costs $ 1,603.48 HARVESTING AND MARKETING Variable Machine Costs 1 acre $ 28.27 Boxes 425 boxes $ 1.00 $ 425.00 Hired Labor: Harvest 40 hrs $ 9.00 $ 360.00 Sorting/Grading/Packing 425 boxes $ 1.00 $ 425.00 Marketing Costs (10% of Gross) 10.0% gross $ 730.00 Total Harvesting and Marketing Cost $ 1,968.27 Interest on Variable Costs $ 116.44 TOTAL VARIABLE COST $ 3,688.20 RETURN ABOVE VARIABLE COSTS $ 3,611.80 FIXED COSTS Machinery and Equipment $ 100.19 Depreciation on Irrigation System $ 200.00 Taxes on Land $ 5.00 Insurance $ 36.50 TOTAL FIXED COSTS $ 341.69 TOTAL EXPENSES $ 4,029.89 RETURN TO OPERATOR LABOR, LAND, CAPITAL, & MGT. $ 3,270.11
938927sweetpotato-production-sare.docx