|
Commercial Vegetables Budget
Farm info: TURNIP
GREENS
06/17/02
Projected Costs
and Returns per Acre
R
EVENUE
|
Name of Crops |
Quantity |
Units |
Price
|
Total
|
| Turnip
Greens for food
|
12000
|
lbs. |
$0.15 |
$1,800.00 |
| |
|
|
|
|
| Total revenue: |
|
|
|
$1,800.00 |
| EXPENSES |
|
|
|
|
| Planting |
|
|
|
|
| Herbicide |
1 |
acre
|
$15.00
|
$15.00 |
| Insecticide |
1 |
appl |
$8.50
|
$8.50
|
| Seed: |
1.5 |
lbs |
$0.75
|
$1.13 |
| Lime |
0.5 |
tons |
$25.00 |
$12.50 |
| Disking
|
1
|
acre |
$9.40 |
$9.40 |
| Row conditioning
|
1 |
acre
|
$9.80 |
$9.80 |
| Total
Planting |
|
|
|
$56.33 |
| Preharvest
(Production): |
|
|
|
|
| Total
Preharvest: |
|
|
|
$41.90
|
| Harvest:
|
|
|
|
|
| Custom harvesting:
|
1
|
acre
|
$145.00 |
$145.00 |
| Custom hauling: |
1
|
acre
|
$50.00 |
$50.00 |
| Total
Harvest: |
|
|
|
$195.00
|
| Operating
capital interest (6 mo):
|
1$293 |
dol |
10.00%
|
$14.66 |
|
Total
Cash Expenses: |
|
|
|
$307.89 |
| Overhead: |
|
|
|
|
| Machinery & equipment: |
1 |
acre |
$20.00
|
$20.00
|
| Land: |
1
|
acre |
$30.00
|
$30.00
|
| Total
Overhead: |
|
|
|
$50.00 |
| Total
All Expenses: |
|
|
|
$357.89 |
| Net
Projected Returns:
|
|
|
|
$1,442.11 |
| Breakeven
price per lb sold:
|
|
|
|
$0.03 |
|