| YELLOW CROOKNECK SQUASH, FRESH MARKET, TRICKLE IRRIGATED | ||||||
| Kentucky Estimated per Acre Costs and Returns for 2001 | ||||||
| Quantity | Unit | $/Unit | Total | |||
| GROSS RETURNS | ||||||
| Summer Squash (5/9 bu. box) | 1000 | boxes | $ 5.75 | $5,750.00 | a,b | |
| VARIABLE COSTS | ||||||
| Production | ||||||
| Seed | 2 | lb | $ 45.00 | $ 90.00 | ||
| Lime | 0.5 | ton | $ 12.12 | $ 6.06 | ||
| Fertilizer: 5-10-10 Spread | 10 | cwt | $ 7.50 | $ 75.00 | ||
| Fertilizer: Side Dressing 33.5%N | 2 | cwt | $ 12.50 | $ 25.00 | ||
| Black Plastic/Drip Lines | 1 | acre | $ 300.00 | $ 300.00 | c | |
| Herbicides: Preplant | 5.5 | qts | $ 50.63 | d | ||
| Insecticides | 5 | apps. | $ 57.56 | d | ||
| Fungicides | 3 | apps. | $ 129.65 | d | ||
| Pollination | 1 | hive | $ 40.00 | $ 40.00 | d | |
| Irrigation | 90 | hrs. | $ 0.40 | $ 36.00 | g | |
| Hired Labor | 25 | hrs. | $ 8.00 | $ 200.00 | ||
| Machinery Variable Costs | 1 | acre | $ 33.90 | $ 33.90 | e | |
| Total Preharvest Variable Costs | $1,043.80 | |||||
| HARVESTING AND MARKETING | ||||||
| Boxes | 1000 | boxes | $ 1.00 | $1,000.00 | ||
| Plastic Disposal | 18 | hours | $ 8.00 | $ 144.00 | ||
| Plastic Disposal Fee | 1 | fee | $ 10.00 | $ 10.00 | ||
| Hired Labor | ||||||
| Harvest | $ 0.60 | box | $ 600.00 | f | ||
| Wash/Pack | $ 1.20 | box | $1,200.00 | f | ||
| Marketing Costs (10% of Gross) | 10.0% | gross | $ 575.00 | |||
| Hauling Labor Charge | 10 | hours | $ 8.00 | $ 80.00 | ||
| Hauling Variable Costs | 1000 | boxes | $ 0.07 | $ 70.00 | e | |
| Total Harvesting and Marketing Cost | $3,679.00 | |||||
| Interest on Variable Costs | $ 129.75 | |||||
| TOTAL VARIABLE COST | $4,852.54 | |||||
| RETURN ABOVE VARIABLE COSTS | $ 897.46 | |||||
| FIXED COSTS | ||||||
| Machinery and Equipment | $ 102.85 | e | ||||
| Depreciation on Irrigation System | $ 159.94 | d | ||||
| Taxes on Land | $ 5.00 | |||||
| Insurance | $ 28.75 | |||||
| TOTAL FIXED COSTS | $ 296.54 | |||||
| TOTAL EXPENSES | $5,149.08 | |||||
| RETURN TO OPERATOR LABOR, LAND, CAPITAL, & MGT. | $ 600.92 | |||||
| Operator and Unpaid Family Labor | 20 | hrs. | $ 8.00 | $ 160.00 | ||
| RETURN TO LAND, CAPITAL, AND MANAGEMENT | $ 440.92 | |||||
| a Based on estimated KY yields | ||||||
| b Price based on terminal market prices received in Atlanta, Detroit, and St. Louis | ||||||
| c 2000 UK estimate for trickle irrigation. Based on $1244 fixed costs, st. line depreciation, 7-year useful life | ||||||
| d Pesticide costs based on recommended applications of various products using 2000 UK product costs | ||||||
| e Machinery costs based on 1996 NC State standards used in squash budget and 2000 Iowa State estimated machinery costs | ||||||
| f Based on NC State Budgets with revisions by Kentucky vegetable experts. 1996 NC State total for harvest/pack: $1.70 | ||||||
| g Actual irrigation costs may be highly variable depending on source and cost of water. | ||||||
| Budget assumes an established on-farm water source. | ||||||