| GREEN CABBAGE, FRESH MARKET | ||||||||
| Kentucky Estimated per Acre Costs and Returns for 2001 | ||||||||
| Quantity | Unit | $/Unit | Total | |||||
| GROSS RETURNS | ||||||||
| Cabbage (50 lb box) | 600 | box | $ 5.25 | $3,150.00 | a,b | |||
| Cabbage (50 lb bag) | 50 | $ 3.25 | $ 162.50 | |||||
| Total Returns | $3,312.50 | |||||||
| VARIABLE COSTS | ||||||||
| Production | ||||||||
| Plants (bare root) | 14.5 | 1000 plants | $ 19.00 | $ 275.50 | ||||
| Lime | 0.5 | ton | $ 12.12 | $ 6.06 | ||||
| Fertilizer: 19-19-19 Spread | 800 | lb | $ 0.11 | $ 91.30 | ||||
| Fertilizer: Starter | 30 | lb | $ 1.40 | $ 42.00 | ||||
| Fertilizer: Ammonium Nitrate | 200 | lb | $ 0.09 | $ 17.50 | ||||
| Herbicide | 2 | qts | $ 11.53 | $ 10.14 | c | |||
| Insecticides | 1 | acre | $ 53.89 | c | ||||
| Fungicide | 1 | acre | $ 78.76 | c | ||||
| Irrigation | 4 | hours | $ 7.50 | $ 30.00 | f | |||
| Hired Labor | 15 | hours | $ 8.00 | $ 120.00 | ||||
| Machinery Variable Costs | 1 | acre | $ 36.62 | $ 36.62 | d | |||
| Total Preharvest Variable Costs | $ 761.78 | |||||||
| HARVESTING AND MARKETING | ||||||||
| Boxes | 600 | boxes | $ 1.25 | $ 750.00 | ||||
| Bags | 50 | bags | $ 0.50 | $ 25.00 | ||||
| Hired Labor | ||||||||
| Harvest & Pack | $ 0.30 | box | $ 180.00 | e | ||||
| Misc. Harvest Labor | 2.50 | hrs | $ 8.00 | $ 20.00 | ||||
| Marketing Costs (10% of Gross) | 10.0% | gross | $ 331.25 | |||||
| Hauling Variable Costs | 600 | boxes | $ 0.07 | $ 42.00 | ||||
| Total Harvesting and Marketing Cost | $1,348.25 | |||||||
| Interest on Variable Costs | $ 64.62 | |||||||
| TOTAL VARIABLE COST | $2,174.65 | |||||||
| RETURN ABOVE VARIABLE COSTS | $ 975.35 | |||||||
| FIXED COSTS | ||||||||
| Machinery and Equipment | $ 88.06 | d | ||||||
| Depreciation on Irrigation System | $ 175.00 | |||||||
| Taxes on Land | $ 5.00 | |||||||
| Insurance | $ 15.75 | |||||||
| TOTAL FIXED COSTS | $ 283.81 | |||||||
| TOTAL EXPENSES | $2,458.46 | |||||||
| RETURN TO OPERATOR LABOR, LAND, CAPITAL, & MGT. | $ 691.54 | |||||||
| Operator and Unpaid Family Labor | 50 | hrs. | $ 8.00 | $ 400.00 | ||||
| RETURN TO LAND, CAPITAL, AND MANAGEMENT | $ 291.54 | |||||||
| a Average Yield for US was 302 cwt per acre in 1999. | ||||||||
| b Price based on USDA season average price received by producers 1994-2000 and 2000 terminal market price trends in Atlanta, Detroit, and St. Louis. | ||||||||
| c Pesticide costs based on recommended applications of various products using 2000 UK product costs | ||||||||
| d Machinery costs based on 2000 Iowa State generator modified for KY and vegetable production | ||||||||
| e Based on NC State Budgets with revisions from Kentucky vegetable experts. | ||||||||
| f Irrigation assumes on-farm water source. Costs may vary considerably depending on water supply. | ||||||||