EB 371 Developed by: Ben Beale Extension Educator–St. Mary’s Shannon Dill Extension Educator–Talbot Dale Johnson Farm Management Specialist Reviewed By: James Lewis Extension Agent–Caroline County Dave Myers Extension Agent–Anne Arundel Jerry Brust MD State Vegetable Specialist 2008 Maryland Vegetable Enterprise Budgets Developed by: Ben Beale Extension Educator- St. Mary’s Shannon Dill Extension Educator- Talbot Dale Johnson Farm Management Specialist Reviewed By: James Lewis Extension Agent; Caroline County Dave Myers Extension Agent; Anne Arundel Jerry Brust MD State Vegetable Specialist Disclaimer: When trade names are included, no discrimination against similar products is intended. Mention of trademarks in this publication does not constitute an endorsement by University of Maryland Cooperative Extension. Issued in furtherance of Cooperative Extension work, acts of May 8 and June 30, 1914, in cooperation with the U.S. Department of Agriculture, University of Maryland, College Park, and local governments. Cheng-i Wei, Director of Maryland Cooperative Extension, University of Maryland. The University of Maryland is equal opportunity. The University’s policies, programs, and activities are in conformance with pertinent Federal and State laws and regulations on nondiscrimination regarding race, color, religion, age, national origin, gender, sexual orientation, marital or parental status, or disability. Inquiries regarding compliance with Title VI of the Civil Rights Act of 1964, as amended; Title IX of the Educational Amendments; Section 504 of the Rehabilitation Act of 1973; and the Americans With Disabilities Act of 1990; or related legal requirements should be directed to the Director of Human Resources Management, Office of the Dean, College of Agriculture and Natural Resources, Symons Hall, College Park, MD 20742. The Maryland Cooperative Extension’s programs are open to all citizens without regard to race, color, gender, disability, religion, age, or national origin. 2008 Vegetable Enterprise Budgets Introduction Enterprise budgets provide invaluable information regarding individual enterprises on the farm. This tool enables the farm manager to make decisions regarding enterprises and plan for the coming production year. The enterprise budget uses farm revenue, variable cost, fixed cost and net income to provide a clear picture of the financial health of each farm enterprise. The 2008 Maryland enterprise budgets were developed using average yields and estimated input cost based upon producer and farm supplier data. The figures presented are averages and vary greatly from one farm to the other. It is therefore crucial to input actual farm data to complete enterprise budgets for your farm. How to Use Enterprise Budgets This booklet contains hard copies of available budgets for various vegetable crops. The budgets are compiled based upon typical inputs used in the vegetable industry, including fertilizer and pesticide inputs. The input choices and amounts will vary, based on such factors as pest pressures and fertility levels. Use the provided budgets as a guide for your operation. In the back of the bulletin are blank budgets to be used by the farmer. Fill out the blank budget based upon the projected input costs for your particular operation. Try to be as inclusive as possible. These budgets are also available electronically in Excel worksheets. The Excel sheets will allow you to modify budgets and compute cost automatically. Contact your local Cooperative Extension office for copies. Budgets are included for the following crops: Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumbers Eggplant Green Beans Greens, Kale Horseradish Lettuce Okra Onion Pak choy Peppers Peppers, Organic Potatoes, Sweet Potatoes, White Pumpkins Squash Sweet Corn Sweet Corn, Organic Tomatoes Watermelon 2008 Vegetable Enterprise Budgets ASPARAGUS PER ACRE FOR YEAR 2008 ITEM INCOME ASPARAGUS VARIABLE/OPERATING COSTS CROWNS 8000 @ $150/1000 PRORATE OVER 10 YEARS COVER CROP NITROGEN PHOSPHATE POTASH LIME DEVRINOL SANDEA SENCOR MALATHION SOIL TEST UNIT POUND QUANTITY 3000 PRICE $1.50 TOTAL $4,500.00 PRORATE ACRE POUND POUND POUND TON POUND OUNCE POUND QUART ACRE 1.00 1.00 75.00 100.00 225.00 0.50 6.00 0.50 1.33 2.00 1.00 120.00 30.00 0.68 0.45 0.65 45.00 9.93 39.75 15.24 7.96 6.50 $120.00 30.00 51.00 45.00 146.25 22.50 59.55 19.88 20.26 15.92 6.50 HOUR BOX 120.00 150.00 8.00 7.00 1.25 10.00 840.00 187.50 80.00 INTEREST ON OPERATING CAPITAL $1,644.36 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 1.00 PLOWING PRORATED OVER TEN YEARS DISKING PRORATED OVER TEN YEARS ACRE 1 1.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING PRORATED OVER 10 YEARS ACRE 1 12.00 PESTICIDE APPLICATIONS ACRE 3 6.00 IRRIGATION ACRE 3 40.00 57.55 $1,701.91 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $222.00 $1,923.91 $2,576.09 HARVEST & PACKING LABOR 20 POUND BOXES PACKING BANDS 1000.00 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 2250 3000 3750 1 $1.13 $607.34 $1,451.09 $2,294.84 65.00 PRICES $1.50 $1,451.09 $2,576.09 $3,701.09 1.00 1.00 5.00 12.00 18.00 120.00 $1.88 $2,294.84 $3,701.09 $5,107.34 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets BROCCOLI PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME BROCCOLI VARIABLE/OPERATING COSTS PLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME DUAL MAGNUM DIPEL, 5 SPRAYS SPINTOR, 1 SPRAY THIODAN, 1 SPRAY DIAZINON SOIL TEST BOXES 500 EACH ACRE POUND POUND POUND TON PINT POUND OUNCE QUART PINT ACRE 15,000 1.00 150.00 75.00 100.00 0.50 1.00 1.00 4.00 1.00 1.00 1.00 0.04 40.00 0.68 0.45 0.65 45.00 13.03 12.50 4.53 7.50 6.60 6.50 $600.00 40.00 102.00 33.75 65.00 22.50 13.03 12.50 18.12 7.50 6.60 6.50 HARVEST & PACKING LABOR 20 POUND BOXES ICE HOUR BOX POUND 200.00 450.00 2000.00 7.00 1.00 0.10 1400.00 450.00 200.00 INTEREST ON OPERATING CAPITAL $2,977.50 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 3 5.00 PLANTING ACRE 1 100.00 PESTICIDE APPLICATIONS ACRE 8 6.00 IRRIGATION ACRE 3 40.00 104.21 $3,081.71 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $374.00 $3,455.71 $1,044.29 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 375 500 625 $9.00 1 65.00 $6.75 ($924.46) ($80.71) $763.04 PRICES $9.00 ($80.71) $1,044.29 $2,169.29 $4,500.00 14.00 12.00 15.00 100.00 48.00 120.00 $11.25 $763.04 $2,169.29 $3,575.54 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CABBAGE PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CABBAGE VARIABLE/OPERATING COSTS PLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME DUAL MAGNUM GOAL WARRIOR DIPEL, 2 SPRAYS SPINTOR, 1 SPRAY SOIL TEST POUND 40,000 0.10 EACH ACRE POUND POUND POUND TON PINT GALLON OUNCE POUND OUNCE ACRE 20000 1.00 200.00 150.00 300.00 0.50 1.00 0.25 4.00 0.40 4.00 1.00 0.04 40.00 0.68 0.45 0.65 45.00 13.03 45.00 2.22 12.50 4.53 6.50 $800.00 40.00 136.00 67.50 195.00 22.50 13.03 11.25 8.88 5.00 18.12 6.50 HARVEST & PACKING LABOR 50 POUND CRATES HOUR CRATE 225.00 800.00 7.00 1.35 1575.00 1080.00 INTEREST ON OPERATING CAPITAL $3,978.78 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING ACRE 1 25.00 PESTICIDE APPLICATIONS ACRE 12 6.00 IRRIGATION ACRE 3 40.00 139.26 $4,118.04 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $313.00 $4,431.04 ($431.04) NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 30000 40000 50000 1 65.00 $0.08 ($2,181.04) ($1,431.04) ($681.04) PRICES $0.10 ($1,431.04) ($431.04) $568.96 $4,000.00 14.00 12.00 5.00 25.00 72.00 120.00 $0.13 ($681.04) $568.96 $1,818.96 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CANTALOUPE (SAME AS MUSKMELON) PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CANTALOUPE VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME ADMIRE PRO MITICIDE (AGRIMEK) BRAVO, 8 SPRAYS NOVA, 2 SPRAYS QUADRIS, 1 SPRAY STRATEGY (HERBICIDE) THIODAN SOIL TEST PLASTIC MULCH TRICKLE TUBE MELON 5000.00 EACH ACRE POUND POUND POUND TON OUNCE OUNCE GALLON OUNCE OUNCE PINTS QUART ACRE YARDS YARDS 2400.00 1.00 125.00 75.00 175.00 0.50 6.00 12.00 2.00 10.00 12.00 2.00 2.25 1.00 2900.00 2900.00 0.14 40.00 0.68 0.45 0.65 45.00 5.90 1.00 47.19 4.70 2.10 11.87 7.50 6.50 0.06 0.06 $336.00 40.00 85.00 33.75 113.75 22.50 35.40 12.00 94.37 47.00 25.20 23.74 16.88 6.50 174.00 174.00 BEE RENTAL ACRE 1.00 100.00 100.00 HARVESTING LABOR SHIPPING BINS HOUR BIN 70.00 10.00 7.00 13.33 490.00 133.30 $1,963.39 0.50 7.0% INTEREST ON OPERATING CAPITAL TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING AND HARROWING ACRE 1 12.00 PLANTING ACRE 1 100.00 FERTILIZER SPREADING ACRE 1 5.00 PESTICIDE APPLICATIONS ACRE 10 6.00 MULCH LAYING ACRE 1 80.00 MULCH DISPOSAL ACRE 1 75.00 IRRIGATION ACRE 3 40.00 68.72 $2,032.10 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $531.00 $2,563.10 $1,186.90 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 3750 5000 6250 $0.75 1 65.00 $0.56 ($453.73) $249.40 $952.52 PRICES $0.75 $249.40 $1,186.90 $2,124.40 $3,750.00 14.00 12.00 100.00 5.00 60.00 80.00 75.00 120.00 $0.94 $952.52 $2,124.40 $3,296.27 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CARROTS PER ACRE FOR YEAR 2008 ITEM INCOME CARROTS VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME TREFLAN ASANA XL SOIL TEST UNIT POUND ACRE POUND POUND POUND TON PINT OUNCE ACRE 4.00 1.00 80.00 100.00 100.00 0.50 1.25 8.00 1.00 9.75 40.00 0.68 0.45 0.65 45.00 2.59 2.50 6.50 $39.00 40.00 54.40 45.00 65.00 22.50 3.24 20.00 6.50 HARVESTING LABOR HOUR 165.00 7.00 1155.00 INTEREST ON OPERATING CAPITAL $1,450.64 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING ACRE 1 10.00 CULTIVATION ACRE 2 8.00 PESTICIDE APPLICATIONS ACRE 2 6.00 IRRIGATION ACRE 3 40.00 50.77 $1,501.41 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $254.00 $1,755.41 $244.59 1000.00 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES YIELDS 18750 25000 31250 QUANTITY 25000.00 PRICE $0.08 1 65.00 $0.06 ($630.41) ($255.41) $119.59 PRICES $0.08 ($255.41) $244.59 $744.59 TOTAL $2,000.00 14.00 12.00 5.00 10.00 16.00 12.00 120.00 $0.10 $119.59 $744.59 $1,369.59 2008 Vegetable Enterprise Budgets CAULIFLOWER PER ACRE FOR YEAR 2008 ITEM UNIT INCOME CAULIFLOWER VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME DUAL MAGNUM DIPEL, 5 SPRAYS SPINTOR, 1 SPRAY THIODAN, 1 SPRAY DIAZINON LANNATE, 4 SPRAYS BRAVO PLANT ACRE POUND POUND POUND TON PINT POUND OUNCE QUART PINT PINT GALLON TYING, HARVEST & PACKAGE 11/9 BUSHEL BOXES HOUR BOX BOX QUANTITY 400.00 PRICE $7.00 TOTAL $2,800.00 10000.00 1.00 150.00 100.00 100.00 0.50 1.00 1.00 4.00 1.00 1.00 6.00 0.25 0.03 40.00 0.68 0.45 0.65 45.00 32.98 44.35 2.80 322.50 40.90 7.93 47.19 $300.00 40.00 102.00 45.00 65.00 22.50 32.98 44.35 11.20 322.50 40.90 47.58 11.80 220.00 400.00 7.00 0.25 1540.00 100.00 INTEREST ON OPERATING CAPITAL $2,725.80 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 ACRE 1 6.00 FERTILIZER APPLICATION ACRE 1 100.00 PLANTING CULTIVATION ACRE 2 8.00 PESTICIDE APPLICATION ACRE 6 6.00 IRRIGATION ACRE 3 40.00 95.40 $2,821.20 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $369.00 $3,190.20 ($390.20) NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 300 400 500 1 65.00 $5.25 ($1,615.20) ($1,090.20) ($565.20) PRICES $7.00 ($1,090.20) ($390.20) $309.80 14.00 12.00 6.00 100.00 16.00 36.00 120.00 $8.75 ($565.20) $309.80 $1,184.80 10 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CUCUMBER (SLICING-FRESH MARKET) PER ACRE FOR YEAR 2008 ITEM UNIT INCOME CUCUMBER VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME STRATEGY LANNATE ADMIRE PRO MITICIDE (AGRIMEK) BRAVO, 8 SPRAYS NOVA, 1 SPRAY TANOS, 2 SPRAYS PREVICUR FLEX, 2 SPRAYS QUADRIS, 1 SPRAY SOIL TEST PLASTIC MULCH TRICKLE TUBE POUND ACRE POUND POUND POUND TON PINTS PINT OUNCE OUNCE GALLON OUNCE POUND PINT OUNCE ACRE YARD YARD BEE RENTAL HARVESTING & PACKING LABOR 50 POUND BOXES BOX QUANTITY 350.00 PRICE $10.00 TOTAL $3,500.00 2.00 1.00 130.00 100.00 150.00 0.50 3.00 2.00 6.00 12.00 2.00 5.00 1.00 2.40 12.00 1.00 2900.00 2900.00 55.00 40.00 0.68 0.45 0.65 45.00 11.87 7.93 5.90 2.50 47.19 3.82 23.50 10.62 15.50 6.50 0.06 0.06 $110.00 40.00 88.40 45.00 97.50 22.50 35.61 15.86 35.40 30.00 94.37 19.10 23.50 ACRE 1.00 100.00 100.00 HOUR BOX 120.00 300.00 7.00 0.75 840.00 225.00 INTEREST ON OPERATING CAPITAL $2,362.74 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 2 12.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING ACRE 1 50.00 MULCH LAYING ACRE 1 100.00 PESTICIDE APPLICATIONS ACRE 9 6.00 MULCH REMOVAL ACRE 1 80.00 IRRIGATION ACRE 3 40.00 82.70 $2,445.44 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $512.00 $2,957.44 $542.56 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 263 350 328 1 65.00 $7.50 ($988.69) ($332.44) ($496.50) PRICES $10.00 ($332.44) $542.56 $323.81 186.00 6.50 174.00 174.00 14.00 24.00 5.00 50.00 100.00 54.00 80.00 120.00 $12.50 $323.81 $1,417.56 $1,144.13 11 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets EGGPLANT PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME EGGPLANT VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME SANDEA WARRIOR MITICIDE (AGRIMEK) ADMIRE PRO BRAVO, 4 SPRAYS QUADRIS SOIL TEST STAKES PRORATED OVER 5 YEARS TWINE PLASTIC MULCH TRICKLE TUBE 1/2 BUSHEL 1000.00 PLANT ACRE POUND POUND POUND TON OUNCE OUNCE OUNCE OUNCE GALLON OUNCE ACRE STAKES BALL YARD YARD 7000.00 1.00 150.00 150.00 150.00 0.33 0.50 3.00 12.00 5.00 1.00 6.00 1.00 3000.00 4.00 2900.00 2900.00 0.08 40.00 0.68 0.45 0.65 45.00 39.75 2.22 1.00 5.90 47.19 2.10 6.50 0.05 10.00 0.06 0.06 $560.00 40.00 102.00 67.50 97.50 14.85 19.88 6.66 12.00 29.50 47.19 12.60 6.50 150.00 40.00 174.00 174.00 STAKE, HARVEST & PACKING LABOR 1/2 BU BOXES HOUR BOX 160.00 1000.00 7.00 0.25 1120.00 250.00 INTEREST ON OPERATING CAPITAL $2,924.17 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 100.00 FERTILIZER SPREADING ACRE 1 5.00 PESTICIDE APPLICATIONS ACRE 4 6.00 IRRIGATION ACRE 3 40.00 MULCH APPLICATION ACRE 1 100.00 MULCH REMOVAL ACRE 1 80.00 102.35 $3,026.52 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $520.00 $3,546.52 $1,453.48 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 750 1000 1250 $5.00 1 65.00 $3.75 ($734.02) $203.48 $1,140.98 PRICES $5.00 $203.48 $1,453.48 $2,703.48 $5,000.00 14.00 12.00 100.00 5.00 24.00 120.00 100.00 80.00 $6.25 $1,140.98 $2,703.48 $4,265.98 12 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets GREEN BEANS PER ACRE FOR YEAR 2008 ITEM INCOME GREEN BEANS VARIABLE/OPERATING COSTS SEED SOIL TEST COVER CROP NITROGEN PHOSPHATE POTASH LIME DUAL MAGNUM ADMIRE PRO LANNATE WARRIOR KOCIDE QUADRIS BOXES UNIT BUSHEL 250.00 POUND ACRE ACRE POUND POUND POUND TON PINT OUNCE PINT OUNCE POUND OUNCE PIECE 50.00 1.00 1.00 60.00 60.00 100.00 0.50 1.30 6.00 1.50 3.00 4.00 4.00 172.00 2.00 6.50 40.00 0.68 0.45 0.65 45.00 13.03 5.90 7.93 2.22 6.83 2.10 0.50 $100.00 6.50 40.00 40.80 27.00 65.00 22.50 16.94 35.40 11.90 6.66 27.30 8.40 86.00 HARVESTING & PACKING LABOR HOUR 200.00 7.00 1400.00 INTEREST ON OPERATING CAPITAL $1,894.39 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 PLANTING ACRE 1 12.00 FERTILIZER APPLICATION ACRE 1 5.00 CULTIVATING ACRE 2 8.00 PESTICIDE APPLICATION ACRE 4 6.00 IRRIGATION ACRE 3 40.00 66.30 $1,960.70 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $268.00 $2,228.70 $21.30 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 188 250 300 QUANTITY PRICE $9.00 1 65.00 $6.75 ($963.07) ($541.20) $312.50 PRICES $9.00 ($541.20) $21.30 $471.30 TOTAL $2,250.00 14.00 12.00 12.00 5.00 16.00 24.00 120.00 $11.25 ($119.32) $583.80 $1,146.30 13 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets GREENS, KALE OR COLLARD PER ACRE FOR YEAR 2008 ITEM INCOME GREENS, KALE OR COLLARD VARIABLE/OPERATING COSTS SEED NITROGEN PHOSPHATE POTASH LIME TREFLAN DIAZINON DIPEL SOIL TEST UNIT POUND 7500.00 POUND POUND POUND POUND TON PINT PINT POUND ACRE 3.00 100.00 50.00 50.00 0.50 1.00 3.00 3.00 1.00 3.00 0.68 0.45 0.65 45.00 2.59 6.60 31.00 6.50 9.00 68.00 22.50 32.50 22.50 2.59 19.80 93.00 6.50 HARVESTING & PACKING LABOR 30 POUND BOX ICE HOUR BOX POUND 140.00 250.00 3500.00 7.00 0.50 0.10 980.00 125.00 350.00 INTEREST ON OPERATING CAPITAL $1,731.39 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING ACRE 1 12.00 PESTICIDE APPLICATIONS ACRE 3 6.00 IRRIGATION ACRE 1 40.00 60.60 $1,791.99 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $166.00 $1,957.99 $292.01 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 5625 7500 9375 QUANTITY PRICE $0.30 1 65.00 $0.23 ($692.36) ($270.49) $151.39 PRICES $0.30 ($270.49) $292.01 $854.51 TOTAL $2,250.00 14.00 12.00 5.00 12.00 18.00 40.00 $0.38 $151.39 $854.51 $1,557.64 14 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets HORSERADISH PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME HORSERADISH VARIABLE/OPERATING COSTS SEED, ROOTSTOCK COVER CROP NITROGEN PHOSPHATE POTASH LIME ADMIRE PRO GOAL SEVIN, 1 SPRAY SOIL TEST POUND 4000.00 RSTK ACRE POUND POUND POUND TON OUNCE GAL POUND ACRE 9700.00 1.00 130.00 150.00 150.00 0.50 5.00 0.31 1.00 1.00 0.02 40.00 0.68 0.45 0.65 45.00 5.90 45.00 31.44 6.50 $194.00 40.00 88.40 67.50 97.50 22.50 29.50 13.95 31.44 6.50 PLANTING LABOR HARVESTING & PACKING LABOR CRATES HOUR HOUR CRATE 8.00 60.00 80.00 7.00 7.00 1.00 56.00 420.00 80.00 INTEREST ON OPERATING CAPITAL $1,147.29 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 100.00 FERTILIZER APPLICATION ACRE 2 5.00 PESTICIDE APPLICATIONS ACRE 5 6.00 IRRIGATION ACRE 2 40.00 40.15 $1,187.44 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $311.00 $1,498.44 ($98.44) NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 3000 4000 5000 $0.35 1 65.00 $0.26 ($710.94) ($448.44) ($185.94) PRICES $0.35 ($448.44) ($98.44) $251.56 $1,400.00 14.00 12.00 100.00 10.00 30.00 80.00 $0.44 ($185.94) $251.56 $689.06 15 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets LETTUCE, LEAF TYPE PER ACRE FOR YEAR 2008 ITEM INCOME LETTUCE, LEAF TYPE VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH DRIP TAPE LIME INSECTICIDE SOIL TEST UNIT PIECE ACRE POUND POUND POUND YARD TON ACRE ACRE PRECOOLING HARVEST & PACKING LABOR 1 1/9 BU CARTON CARTON HOUR CARTON CARTON QUANTITY 1200.00 PRICE $5.50 TOTAL $6,600.00 15000.00 1.00 100.00 100.00 150.00 4000.00 0.50 1.00 1.00 0.04 40.00 0.68 0.45 0.65 0.06 45.00 67.00 6.50 $600.00 40.00 68.00 45.00 97.50 240.00 22.50 67.00 6.50 1200.00 200.00 1200.00 0.25 7.00 0.75 300.00 1400.00 900.00 INTEREST ON OPERATING CAPITAL $3,786.50 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 PLANTING ACRE 1 15.00 FERTILIZER APPLICATIONS ACRE 2 5.00 PESTICIDE APPLICATIONS ACRE 3 6.00 IRRIGATION ACRE 2 40.00 132.53 $3,919.03 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $214.00 $4,133.03 $2,466.97 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 900 1200 1500 1 65.00 $4.13 ($420.53) $816.97 $2,054.47 PRICES $5.50 $816.97 $2,466.97 $4,116.97 14.00 12.00 15.00 10.00 18.00 80.00 $6.88 $2,054.47 $4,116.97 $6,179.47 16 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets OKRA PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME OKRA VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME TREFLAN QUADRIS ADMIRE PRO SOIL TEST POUND 6000.00 POUND ACRE POUND POUND POUND TON PINT OUNCE OUNCE ACRE 6.00 1.00 100.00 200.00 200.00 0.50 2.00 2.00 5.00 1.00 85.00 40.00 0.68 0.45 0.65 45.00 2.59 2.10 5.90 6.50 $510.00 40.00 68.00 90.00 130.00 22.50 5.18 4.20 29.50 6.50 LABOR 30 POUND BUSHEL BASKETS HOUR BASKET 300.00 200.00 7.00 1.00 2100.00 200.00 INTEREST ON OPERATING CAPITAL $3,205.88 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 15.00 NITROGEN APPICATION ACRE 1 6.00 PESTICIDE APPLICATIONS ACRE 2 6.00 IRRIGATION ACRE 3 40.00 FERTILIZER APPLICATION ACRE 1 5.00 112.21 $3,318.09 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $249.00 $3,567.09 $332.91 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 4500 6000 7500 $0.65 1 65.00 $0.49 ($1,373.34) ($642.09) $89.16 PRICES $0.65 ($642.09) $332.91 $1,307.91 $3,900.00 14.00 12.00 15.00 6.00 12.00 120.00 5.00 $0.81 $89.16 $1,307.91 $2,526.66 17 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets ONION (GREEN) PER ACRE FOR YEAR 2008 ITEM UNIT INCOME ONION VARIABLE/OPERATING COSTS ONION TRANSPLANTS NITROGEN PHOSPHATE POTASH LIME BRAVO QUADRIS CAPTAN GOAL POAST LORSBAN DIAZINON SOIL TEST PLASTIC MULCH TRICKLE TUBE POUND POUND POUND POUND TON PINT OUNCES POUND OUNCES GALLON GALLON PINT ACRE YARDS YARDS PLANTING LABOR HARVESTING SACKS HOURS HOURS EACH SACK QUANTITY 650.00 PRICE $9.00 TOTAL $5,850.00 60000.00 40.00 80.00 80.00 0.50 0.38 6.00 0.70 4.00 0.13 0.25 1.00 1.00 2900.00 2900.00 0.02 0.68 0.45 0.65 45.00 47.19 2.10 5.13 45.00 68.50 38.50 6.60 6.50 0.06 0.06 $1,200.00 27.20 36.00 52.00 22.50 17.69 12.60 3.59 180.00 8.56 9.63 6.60 6.50 174.00 174.00 100.00 150.00 130.00 7.00 7.00 0.09 700.00 1050.00 11.70 INTEREST ON OPERATING CAPITAL $3,692.57 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 FERTILIZING ACRE 1 5.00 DISKING ACRE 1 12.00 IRRIGATION ACRE 3 40.00 PESTICIDE APPLICATIONS ACRE 7 6.00 129.24 $3,821.81 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $258.00 $4,079.81 $1,770.19 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 488 650 813 1 65.00 6.75 ($789.18) $307.69 $1,404.57 PRICES $9.00 $307.69 $1,770.19 $3,232.69 14.00 5.00 12.00 120.00 42.00 $11.25 $1,404.57 $3,232.69 $5,060.82 18 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets PAK CHOY PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME PAK CHOY VARIABLE/OPERATING COSTS PLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME DEVRINOL GOAL ASANA, 5 SPRAYS BRAVO 720 SOIL TEST POUND 18,000 0.18 $3,240.00 EACH ACRE POUND POUND POUND TON POUND QUART GALLON GALLON ACRE 9680 1.00 150.00 100.00 150.00 0.50 3.50 0.25 0.62 0.38 1.00 0.05 40.00 0.68 0.45 0.65 45.00 9.93 45.00 2.50 47.19 6.50 HARVEST & PACKING LABOR 40 POUND BOXES HOUR BOXES 175.00 450.00 7.00 0.90 $484.00 40.00 102.00 45.00 97.50 22.50 34.74 11.25 38.44 17.93 6.50 0.00 0.00 1225.00 405.00 0.00 0.00 0.00 0.00 0.00 31.12 $2,560.97 INTEREST ON OPERATING CAPITAL $889.00 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 1 5.00 PLANTING ACRE 1 25.00 PESTICIDE APPLICATIONS ACRE 7 6.00 IRRIGATION ACRE 3 40.00 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 13500 18000 22500 1 65.00 $0.14 ($1,021.47) ($413.97) $193.53 PRICES $0.18 ($413.97) $396.03 $1,206.03 14.00 12.00 5.00 25.00 42.00 120.00 0.00 0.00 0.00 65.00 $283.00 $2,843.97 $396.03 $0.23 $193.53 $1,206.03 $2,218.53 19 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets PEPPERS PER ACRE FOR YEAR 2008 ITEM INCOME PEPPERS VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME TREFLAN ADMIRE PRO SPINTOR ORTHENE MANEX RIDOMIL GOLD PERMETHRIN UNIT BOX QUANTITY PRICE TOTAL 800.00 $7.50 PLANT ACRE POUND POUND POUND TON PINT OUNCE OUNCE 3/4 LB CAN QUART GALLON QUART 8500.00 1.00 150.00 100.00 150.00 0.50 1.50 12.00 8.00 1.00 8.00 0.13 2.00 0.10 40.00 0.68 0.45 0.65 45.00 2.59 5.90 4.53 15.00 5.37 720.00 25.00 $850.00 40.00 102.00 45.00 97.50 22.50 3.89 70.80 36.24 15.00 42.96 90.00 50.00 STAKES (PRORATED OVER 5 YEARS) SOIL TEST PLASTIC MULCH TRICKLE TUBE PIECE ACRE YARDS YARDS 3500.00 1.00 2900.00 2900.00 0.05 6.50 0.06 0.06 175.00 6.50 174.00 174.00 STRINGING, HARVESTING & PACKING LABOR BUSHEL BOXES HOUR BOX 200.00 800.00 7.00 1.00 1400.00 800.00 INTEREST ON OPERATING CAPITAL $4,195.39 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 50.00 FERTILIZER APPLICATIONS ACRE 2 6.00 PESTICIDE APPLICATIONS ACRE 10 6.00 IRRIGATION ACRE 3 40.00 MULCH LAYING ACRE 1.00 130.00 PLASTIC MULCH REMOVAL ACRE 1.00 120.00 146.84 $4,342.22 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $583.00 $4,925.22 $1,074.78 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 600 800 1000 1 65.00 $5.63 ($1,550.22) ($425.22) $699.78 PRICES $7.50 ($425.22) $1,074.78 $2,574.78 $6,000.00 14.00 12.00 50.00 12.00 60.00 120.00 130.00 120.00 $9.38 $699.78 $2,574.78 $4,449.78 20 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets PEPPERS (Organic) PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME PEPPERS VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP COMPOST MANURE PLANT ACRE TON 7300.00 1.00 6.00 0.15 40.00 30.00 1,095.00 40.00 180.00 PYRETHRIN (Three Applications) ROTENONE (Two Applications) SEAWEED Foliar Feeding (Four Applications) SOIL TEST LIME PINT POUND QUART ACRE TON 3.00 20.00 4.00 1.00 0.50 25.00 35.00 8.00 6.50 45.00 75.00 700.00 32.00 6.50 22.50 HAND WEEDING, HARVESTING & PACKING LABOR BUSHEL BOXES HOUR BOX 250.00 400.00 7.00 1.00 1750.00 400.00 INTEREST ON OPERATING CAPITAL $4,301.00 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 100.00 MANURE APPLICATION ACRE 2 6.00 IRRIGATION ACRE 3 40.00 BOTANICAL APPLICATIONS ACRE 9 6.00 150.54 $4,451.54 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $377.00 $4,828.54 $1,171.47 BOX NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC 400.00 YIELDS 300 400 500 $15.00 1 65.00 $11.25 ($1,453.54) ($328.54) $796.47 PRICES $15.00 ($328.54) $1,171.47 $2,671.47 $6,000.00 14.00 12.00 100.00 12.00 120.00 54.00 $18.75 $796.47 $2,671.47 $4,546.47 21 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets SWEET POTATO PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME SWEET POTATO VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME COMMAND WARRIOR LORSBAN SOIL TEST BUSHEL 300.00 EACH ACRE POUND POUND POUND TON OUNCE OUNCE GALLON ACRE 12000.00 1.00 75.00 100.00 200.00 0.50 12.00 3.00 0.50 1.00 0.04 40.00 0.68 0.45 0.65 45.00 0.91 2.22 38.50 6.50 $480.00 40.00 51.00 45.00 130.00 22.50 10.92 6.66 19.25 6.50 PLANTING AND HARVESTING LABOR BUSHEL CRATES HOUR EACH 40.00 300.00 7.00 1.25 280.00 375.00 INTEREST ON OPERATING CAPITAL $1,466.83 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 50.00 FERTILIZER APPLICATIONS ACRE 2 5.00 PESTICIDE APPLICATIONS ACRE 7 6.00 HARVESTING ACRE 1 150.00 IRRIGATION ACRE 3 40.00 51.34 $1,518.17 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $463.00 $1,981.17 $718.83 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 225 300 375 $9.00 1 65.00 $6.75 ($462.42) $43.83 $550.08 PRICES $9.00 $43.83 $718.83 $1,393.83 $2,700.00 14.00 12.00 50.00 10.00 42.00 150.00 120.00 $11.25 $550.08 $1,393.83 $2,237.58 22 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets POTATO PER ACRE FOR YEAR 2008 ITEM INCOME POTATO VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME ADMIRE PRO ASANA XL BRAVO 720, 3 SPRAYS DUAL MAGNUM LOROX 50DF MANCOZEB, 3 SPRAYS SOIL TEST UNIT POUND ACRE POUND POUND POUND TON OUNCE OUNCE GALLON PINT POUND POUND ACRE HARVESTING LABOR ACRE POUND QUANTITY 20000.00 PRICE $0.08 TOTAL $1,600.00 1300.00 1.00 150.00 150.00 200.00 0.50 6.00 7.00 0.50 1.50 1.00 6.00 1.00 0.20 40.00 0.68 0.45 0.65 45.00 5.90 2.50 47.19 13.03 15.75 2.23 6.50 $260.00 40.00 102.00 67.50 130.00 22.50 35.40 17.50 23.59 19.55 15.75 13.35 6.50 50.00 7.00 350.00 INTEREST ON OPERATING CAPITAL $1,103.64 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 PLANTING ACRE 1 50.00 FERTILIZER APPLICATIONS ACRE 2 5.00 PESTICIDE APPLICATIONS ACRE 7 6.00 HARVESTING ACRE 1 150.00 IRRIGATION ACRE 3 40.00 38.63 $1,142.26 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $463.00 $1,605.26 ($5.26) NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 15000 20000 25000 1 65.00 $0.06 ($705.26) ($405.26) ($105.26) PRICES $0.08 ($405.26) ($5.26) $394.74 14.00 12.00 50.00 10.00 42.00 150.00 120.00 $0.10 ($105.26) $394.74 $894.74 23 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets PUMPKINS PER ACRE FOR YEAR 2008 ITEM UNIT INCOME PUMPKINS VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME STRATEGY ADMIRE PRO THIODAN 3EC PRISTINE BRAVO NOVA, 2 SPRAYS SULFUR QUADRIS, 2 SPRAYS SOIL TEST POUND ACRE POUND POUND POUND TON PINTS OUNCE QUART OUNCE GAL OUNCE POUND OUNCE ACRE HARVESTING LABOR HOUR EACH QUANTITY 2400.00 PRICE $1.00 TOTAL $2,400.00 3.00 1.00 100.00 100.00 150.00 0.50 3.00 6.00 1.00 12.00 0.50 10.00 8.00 22.00 1.00 49.00 40.00 0.68 0.45 0.65 45.00 11.87 5.90 7.50 2.37 47.19 4.70 0.35 2.10 6.50 $147.00 40.00 68.00 45.00 97.50 22.50 35.61 35.40 7.50 28.44 23.59 47.00 2.80 46.20 6.50 60.00 7.00 420.00 INTEREST ON OPERATING CAPITAL $1,073.04 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 14.00 PLOWING DISKING ACRE 1 12.00 PLANTING ACRE 1 15.00 FERTILIZER APPICATION ACRE 1 5.00 PESTICIDE APPLICATIONS ACRE 7 6.00 IRRIGATION ACRE 4 40.00 37.56 $1,110.60 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $313.00 $1,423.60 $976.40 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 1800 2400 3000 1 65.00 $0.75 ($73.60) $376.40 $826.40 PRICES $1.00 $376.40 $976.40 $1,576.40 14.00 12.00 15.00 5.00 42.00 160.00 $1.25 $826.40 $1,576.40 $2,326.40 24 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets SPINACH PER ACRE FOR YEAR 2008 ITEM INCOME SPINACH VARIABLE/OPERATING COSTS SEED NITROGEN PHOSPHATE POTASH LIME STINGER DIAZINON LANNATE QUADRIS SOIL TEST CRATE 250.00 POUND POUND POUND POUND TON OUNCE GALLON PINT OUNCE ACRE 12.00 100.00 100.00 300.00 0.50 4.00 0.13 4.00 4.00 1.00 2.40 0.68 0.45 0.65 45.00 15.00 22.48 7.93 2.10 6.50 $28.80 68.00 45.00 195.00 22.50 60.00 2.81 31.72 8.40 6.50 LABOR ICE 1 BU CRATES HOUR POUND EACH 75.00 4000.00 240.00 6.50 0.10 1.00 487.50 400.00 240.00 UNIT QUANTITY PRICE TOTAL $8.50 $2,125.00 INTEREST ON OPERATING CAPITAL $1,596.23 0.50 7.0% 55.87 TOTAL VARIABLE COSTS LISTED ABOVE $1,652.10 FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) DISKING ACRE 1 12.00 12.00 PLANTING ACRE 1 15.00 15.00 FERTILIZER APPLICATIONS ACRE 2 5.00 10.00 PESTICIDE APPLICATIONS ACRE 2 6.00 12.00 IRRIGATION ACRE 3 40.00 120.00 PLOWING ACRE 1 14.00 14.00 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 188 250 313 1 65.00 $6.38 ($704.78) ($306.35) $92.09 PRICES $8.50 ($306.35) $224.90 $756.15 65.00 $248.00 $1,900.10 $224.90 $10.63 $92.09 $756.15 $1,420.22 25 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets SUMMER SQUASH PER ACRE FOR YEAR 2008 ITEM INCOME SQUASH VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME COMMAND ADMIRE PRO ASANA XL BRAVO QUADRIS SOIL TEST PLASTIC MULCH TRICKLE TUBE BEE RENTAL UNIT POUND ACRE POUND POUND POUND TON OUNCE OUNCE OUNCE GALLON OUNCE ACRE YARDS YARDS ACRE LABOR BOXES HOUR BOX 1/2 BUSHEL QUANTITY 700.00 PRICE $6.00 TOTAL $4,200.00 4.00 1.00 130.00 75.00 100.00 0.50 8.00 6.00 7.00 1.00 12.00 1.00 2900.00 2900.00 1.00 35.00 40.00 0.68 0.45 0.65 45.00 0.91 5.90 2.50 47.19 2.10 6.50 0.06 0.06 45.00 $140.00 40.00 88.40 33.75 65.00 22.50 7.28 35.40 17.50 47.19 25.20 6.50 174.00 174.00 45.00 190.00 700.00 7.00 0.60 1330.00 420.00 INTEREST ON OPERATING CAPITAL $2,671.72 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 FERTILIZER SPREADING ACRE 2 5.00 PLANTING ACRE 1 15.00 PESTICIDE APPLICATIONS ACRE 11 6.00 IRRIGATION ACRE 2 40.00 MULCH APPLICATION ACRE 1 80.00 MULCH REMOVAL ACRE 1 60.00 93.51 $2,765.23 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $402.00 $3,167.23 $1,032.77 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 525 700 875 1 65.00 $4.50 ($804.73) ($17.23) $770.27 PRICES $6.00 ($17.23) $1,032.77 $2,082.77 14.00 12.00 10.00 15.00 66.00 80.00 80.00 60.00 $7.50 $770.27 $2,082.77 $3,395.27 26 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets SWEET CORN-FRESH MARKET PER ACRE FOR YEAR 2008 ITEM INCOME SWEET CORN VARIABLE/OPERATING COSTS SEED COVER CROP NITROGEN PHOSPHATE POTASH LIME ATRAZINE DUAL MAGNUM LANNATE LORSBAN WARRIOR, 6 SPRAYS (3 FLUID OZ. EACH APPL.) SOIL TEST UNIT POUND ACRE POUND POUND POUND TON QUART PINT PINT GALLON OUNCE ACRE 10.00 1.00 150.00 75.00 120.00 0.33 1.00 1.50 0.38 0.25 18.00 1.00 7.50 40.00 0.68 0.45 0.65 45.00 1.50 13.03 7.93 38.50 2.22 2.00 $75.00 40.00 102.00 33.75 78.00 14.85 1.50 19.55 2.97 9.63 39.96 2.00 HARVESTING LABOR CRATES HOUR BOX 40.00 250.00 7.00 1.00 280.00 250.00 INTEREST ON OPERATING CAPITAL $949.20 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) PLOWING ACRE 1 14.00 DISKING ACRE 1 12.00 PLANTING ACRE 1 20.00 FERTILIZER APPLICATION ACRE 2 5.00 PESTICIDE APPLICATIONS ACRE 8 6.00 IRRIGATION ACRE 5 40.00 33.22 $982.43 DOZEN LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES YIELDS 900 1200 1500 27 QUANTITY 1200.00 PRICE $1.50 1 65.00 $1.13 ($338.93) ($1.43) $336.07 PRICES $1.50 ($1.43) $448.57 $898.57 TOTAL $1,800.00 14.00 12.00 20.00 10.00 48.00 200.00 65.00 $369.00 $1,351.43 $448.57 $1.88 $336.07 $898.57 $1,461.07 2008 Vegetable Enterprise Budgets SWEET CORN (Organic) PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME SWEET CORN VARIABLE/OPERATING COSTS SEED COVER CROP COMPOST MANURE LIME SIDE DRESS WITH BLOOD MEAL B.T. (3 Applications) ENTRUST ( 5 Applications) SOIL TEST DOZEN 600.00 POUND ACRE TON TON POUND QUART OUNCE ACRE 10.00 1.00 4.00 0.50 250.00 6.00 5.00 1.00 15.00 30.00 35.00 13.60 1.00 15.00 6.00 1.00 $150.00 30.00 140.00 6.80 250.00 90.00 30.00 1.00 HARVESTING LABOR CONTAINERS HOUR BOX 40.00 125.00 7.00 1.00 280.00 125.00 INTEREST ON OPERATING CAPITAL $1,102.80 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 12.00 PLOWING DISKING ACRE 1 10.00 ACRE 1 12.00 PLANTING MANURE APPLICATION ACRE 1 6.00 IRRIGATION ACRE 5 40.00 CULTIVATION ACRE 4 10.00 SPRAY APPLICATION ACRE 5 6.00 38.60 $1,141.40 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $375.00 $1,516.40 $583.60 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 450 600 750 $3.50 1 65.00 $2.63 ($335.15) $58.60 $452.35 PRICES $3.50 $58.60 $583.60 $1,108.60 $2,100.00 12.00 10.00 12.00 6.00 200.00 40.00 30.00 $4.38 $452.35 $1,108.60 $1,764.85 28 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets TOMATOES, STAKED PER ACRE FOR YEAR 2008 ITEM INCOME TOMATOES VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME DUAL MAGNUM SENCOR WARRIOR ADMIRE PRO QUADRIS BRAVO TANOS, 1 SPRAY PLASTIC MULCH TRICKLE TUBE SOIL TEST STAKE, HARVEST & PACKING LABOR STAKES PRORATED OVER 5 YEARS TWINE BOXES UNIT QUANTITY BOX, 25 LB 1200.00 UNIT ACRE POUND POUND POUND TON PINT POUND OUNCE OUNCE OUNCE GALLON POUND YARD YARD ACRE HOUR STAKES BALL BOXES 6000.00 1.00 140.00 75.00 225.00 0.33 1.25 0.34 6.00 6.00 8.00 1.25 0.50 2900.00 2900.00 1.00 325.00 3000.00 4.00 1200.00 PRICE $7.00 TOTAL $8,400.00 0.12 40.00 0.68 0.45 0.65 45.00 13.03 15.24 2.22 5.90 2.10 47.19 33.40 0.06 0.06 6.50 7.00 0.05 10.00 0.60 $720.00 40.00 95.20 33.75 146.25 14.85 16.29 5.18 13.32 35.40 17.76 58.98 16.70 174.00 174.00 6.50 2275.00 150.00 40.00 720.00 INTEREST ON OPERATING CAPITAL $4,753.18 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 12.00 PLOWING DISKING ACRE 4 10.00 FERTILIZER SPREADING ACRE 2 6.00 PLANTING ACRE 1 100.00 PESTICIDE APPLICATION ACRE 10 6.00 IRRIGATION ACRE 4 40.00 PLASTIC APPLICATION ACRE 1 80.00 PLASTIC REMOVAL ACRE 1 80.00 166.36 $4,919.54 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $609.00 $5,528.54 $2,871.46 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 900 1200 1500 1 65.00 $5.25 ($803.54) $771.46 $2,346.46 PRICES $7.00 $771.46 $2,871.46 $4,971.46 12.00 40.00 12.00 100.00 60.00 160.00 80.00 80.00 $8.75 $2,346.46 $4,971.46 $7,596.46 29 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets WATERMELON (SEEDED) PER ACRE FOR YEAR 2008 ITEM INCOME WATERMELON VARIABLE/OPERATING COSTS TRANSPLANTS COVER CROP NITROGEN PHOSPHATE POTASH LIME SANDEA CURBIT ADMIRE PRO LANNATE BRAVO, 8 SPRAYS MITICIDE (AGRIMEK) PRISTINE, 2 SPRAYS NOVA, 2 SPRAYS QUADRIS , 1 SPRAY BEE RENTAL HARVESTING LABOR SOIL TEST PLASTIC MULCH TRICKLE TUBE SHIPPING BINS UNIT QUANTITY PRICE TOTAL EACH 2500.00 $1.50 PLANT ACRE POUND POUND POUND TON OUNCE GALLON OUNCE PINT GALLON OUNCE OUNCE OUNCE OUNCE ACRE HOURS ACRE YARD YARD BIN 2450.00 1.00 150.00 75.00 225.00 0.50 0.50 0.12 6.00 3.00 2.50 12.00 30.00 10.00 12.00 1.00 45.00 1.00 2000.00 2000.00 15.00 0.12 40.00 0.68 0.45 0.65 45.00 39.75 53.75 5.90 7.93 24.00 1.00 2.37 4.70 2.10 100.00 7.00 6.50 0.06 0.06 20.00 $294.00 40.00 102.00 33.75 146.25 22.50 19.88 6.45 35.40 23.79 60.00 12.00 71.10 47.00 25.20 100.00 315.00 6.50 120.00 120.00 300.00 INTEREST ON OPERATING CAPITAL $1,900.82 0.50 7.0% TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE 1 12.00 PLOWING DISKING ACRE 1 10.00 FERTILIZER SPREADING ACRE 1 6.00 PLANTING ACRE 1 15.00 IRRIGATION ACRE 4 40.00 PESTICIDE APPLICATION ACRE 8 6.00 MULCH APPLICATION ACRE 1 65.00 MULCH REMOVAL ACRE 1 75.00 66.53 $1,967.34 LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE 65.00 $456.00 $2,423.34 $1,326.66 NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 1875 2500 3125 1 65.00 $1.13 ($313.97) $389.16 $1,092.28 PRICES $1.50 $389.16 $1,326.66 $2,264.16 $3,750.00 12.00 10.00 6.00 15.00 160.00 48.00 65.00 75.00 $1.88 $1,092.28 $2,264.16 $3,436.03 30 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CROP GROWN: PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CROP SOLD AS: VARIABLE/OPERATING COSTS TRANSPLANTS or SEEDS COVER CROP NITROGEN PHOSPHATE POTASH LIME INSECTICIDE 1: INSECTICIDE 2: INSECTICIDE 3: FUNGICIDE 1: FUNGICIDE 2: FUNGICIDE 3: HERBICIDE 1: HERBICIDE 2: SOIL TEST PLASTIC MULCH TRICKLE TUBE BEE RENTAL CROP CARE LABOR HARVESTING LABOR SHIPPING BOXES OR BINS INTEREST ON OPERATING CAPITAL TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE PLOWING DISKING AND HARROWING ACRE PLANTING ACRE FERTILIZER SPREADING ACRE PESTICIDE APPLICATIONS ACRE MULCH LAYING ACRE MULCH DISPOSAL ACRE IRRIGATION ACRE LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE PRICES NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 31 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CROP GROWN: PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CROP SOLD AS: VARIABLE/OPERATING COSTS TRANSPLANTS or SEEDS COVER CROP NITROGEN PHOSPHATE POTASH LIME INSECTICIDE 1: INSECTICIDE 2: INSECTICIDE 3: FUNGICIDE 1: FUNGICIDE 2: FUNGICIDE 3: HERBICIDE 1: HERBICIDE 2: SOIL TEST PLASTIC MULCH TRICKLE TUBE BEE RENTAL CROP CARE LABOR HARVESTING LABOR SHIPPING BOXES OR BINS INTEREST ON OPERATING CAPITAL TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE PLOWING DISKING AND HARROWING ACRE PLANTING ACRE FERTILIZER SPREADING ACRE PESTICIDE APPLICATIONS ACRE MULCH LAYING ACRE MULCH DISPOSAL ACRE IRRIGATION ACRE LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE PRICES NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 32 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CROP GROWN: PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CROP SOLD AS: VARIABLE/OPERATING COSTS TRANSPLANTS or SEEDS COVER CROP NITROGEN PHOSPHATE POTASH LIME INSECTICIDE 1: INSECTICIDE 2: INSECTICIDE 3: FUNGICIDE 1: FUNGICIDE 2: FUNGICIDE 3: HERBICIDE 1: HERBICIDE 2: SOIL TEST PLASTIC MULCH TRICKLE TUBE BEE RENTAL CROP CARE LABOR HARVESTING LABOR SHIPPING BOXES OR BINS INTEREST ON OPERATING CAPITAL TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE PLOWING DISKING AND HARROWING ACRE PLANTING ACRE FERTILIZER SPREADING ACRE PESTICIDE APPLICATIONS ACRE MULCH LAYING ACRE MULCH DISPOSAL ACRE IRRIGATION ACRE LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE PRICES NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 33 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets CROP GROWN: PER ACRE FOR YEAR 2008 ITEM UNIT QUANTITY PRICE TOTAL INCOME CROP SOLD AS: VARIABLE/OPERATING COSTS TRANSPLANTS or SEEDS COVER CROP NITROGEN PHOSPHATE POTASH LIME INSECTICIDE 1: INSECTICIDE 2: INSECTICIDE 3: FUNGICIDE 1: FUNGICIDE 2: FUNGICIDE 3: HERBICIDE 1: HERBICIDE 2: SOIL TEST PLASTIC MULCH TRICKLE TUBE BEE RENTAL CROP CARE LABOR HARVESTING LABOR SHIPPING BOXES OR BINS INTEREST ON OPERATING CAPITAL TOTAL VARIABLE COSTS LISTED ABOVE FIXED/OVERHEAD COSTS (CUSTOM RATES ARE USED AS A PROXY FOR FIELD OPERATION COSTS) ACRE PLOWING DISKING AND HARROWING ACRE PLANTING ACRE FERTILIZER SPREADING ACRE PESTICIDE APPLICATIONS ACRE MULCH LAYING ACRE MULCH DISPOSAL ACRE IRRIGATION ACRE LAND CHARGE ACRE TOTAL FIXED COST LISTED ABOVE TOTAL VARIABLE AND FIXED COST LISTED ABOVE NET INCOME OVER VARIABLE & FIXED COSTS LISTED ABOVE PRICES NET INCOME ABOVE VARIABLE AND FIXED COSTS LISTED ABOVE FOR VARIOUS YIELDS AND PRICES Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC YIELDS 34 EQUAL OPPORTUNITY PROGRAMS 2008 Vegetable Enterprise Budgets INPUTS:PER ACRE FOR YEAR 2008 General Inputs UNIT Land Charge Unskilled Labor Skilled Labor Interest on Operating Capital Nitrogen Phosphate Potash Lime Cover Crop Soil Test Bee Rental Plastic mulch-4 foot-embossed-black-4000 foot-$97 Drip Tape-8 mil-7500 foot -$138 Lay Flat, Drip Connectors Water-Irrigation Ice acre hour hour apr pound pound pound pound acre acre acre yard yard acre 1 acre inch pound Pesticide Inputs UNIT 2-4DLV4 Admire Pro AgriMek Ally Atrazine Asana Axiom Banrot Baythroid XL Bicep II Magnum Blazer Ultra Bravo WS Brigrode 2EC Bullett Butyrac 200 Cabrio Callisto Canopy DF Captan 80W Capture Champ Clarity Classic Cleary 3336 Command 3ME gallon ounce ounce ounce pint ounce 40-acre box pound gallon gallon gallon gallon gallon gallon gallon pound gallon pound pound gallon gallon gallon ounce pound ounce Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC 35 PRICE 65.00 7.00 9.50 7.0% $0.68 $0.45 $0.65 $45.00 $40.00 $6.50 $100.00 $0.06 $0.06 $25.00 $40.00 $0.10 PRICE $17.80 $5.90 $1.00 $21.00 $1.50 $2.50 $582.35 $37.95 $352.50 $45.50 $75.00 $47.19 $211.50 $22.48 $31.00 $24.00 $550.00 $47.40 $5.13 $226.50 $35.50 $93.50 $13.60 $30.00 $0.91 2008 Vegetable Enterprise Budgets Crossbow Curbit Curzate Dacthal W75 Danitol Devrinol DF Diazonin AG600 Dimentoate 400 Dipel DF Distinct Dithane DF Dual II Magnum Elevate Endura Entrust Extreme Finesse Finesse (Grass/Broadleaf) Flint Force 3G Gem Glyphos Extra (4AI) Goal Gramoxone Inteon Harmony EXXP Harmony GT Harness Extra Headline Hoelon Imidam 70 WSP Indar Intrepid Kelthane Kerb 50 WP Kocide 2000 Kocide 3000 Lannate LV Lannate SP Latitude Lexar Liberty Lorox 50 Lorsban 4E Lumax Malathion 57 Manex 4F Milestone Mustang Max Northstar Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC gallon gallon pound pound gallon pound pint gallon pound pound pound pint pound pound ounce gallon ounce ounce ounce pound ounce gallon gallon gallon ounce ounce gallon gallon gallon pound pound gallon pound pound pound pound pint pound each gallon gallon pound gallon gallon quart quart gallon quart ounce 36 $67.65 $53.75 $32.63 $16.63 $172.65 $9.93 $6.60 $40.90 $12.50 $44.35 $2.23 $13.03 $32.98 $73.50 $6.00 $30.00 $13.78 $15.33 $12.00 $4.88 $280.00 $22.75 $45.00 $31.44 $13.75 $13.48 $29.50 $280.00 $80.75 $8.55 $139.70 $280.00 $17.25 $56.75 $4.90 $6.83 $7.93 $16.23 $11.83 $38.63 $75.50 $15.75 $38.50 $52.40 $7.96 $5.37 $358.00 $194.00 $2.35 2008 Vegetable Enterprise Budgets Nova 40W Orbit Orthene 97 Osprey Overdrive Penncozeb Platinum Poast Pounce Pramitol 25 Prefar 4E Previcur Flex Princep 4L Prinstine Prowl H20 Pursuit DG Quadris Quilt Ranman Ridomil Ridomil Bravo Ridomil Gold Rifle Rodeo Roundup (bulk) Sandea Scepter 70DG Select Sencor Sevin 4F Sevin XLR Sinbar Sniper Spike 20P Spintor Status Steadfast Steadfast ATZ Stratego Strategy Stinger Sulfur Surflan 4AS Syncrony XP Tanos Tenncop Thionex Tilt Tombstone Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC ounce quart 3/4 lb. can ounce pound pound ounce gallon quart gallon gallon pint gallon ounce gallon ounce ounce gallon gallon pound pound gallon gallon gallon gallon ounce pound gallon pound gallon gallon pound gallon pound ounce ounce ounce pound gallon pint ounce pound gallon ounce pound gallon quart gallon gallon 37 $4.70 $95.00 $15.00 $3.82 $59.00 $3.90 $6.83 $68.50 $25.00 $38.00 $54.50 $10.62 $19.13 $2.37 $32.25 $13.50 $2.10 $124.35 $700.00 $15.50 $18.20 $720.00 $60.00 $64.25 $36.00 $39.75 $49.00 $219.38 $15.24 $34.50 $39.00 $36.50 $275.00 $14.93 $4.53 $2.80 $26.00 $24.00 $165.00 $11.87 $15.00 $0.35 $65.45 $7.75 $23.50 $33.40 $7.50 $322.50 $260.00 2008 Vegetable Enterprise Budgets Topsin M Touchdown Hi Tech Treflan Venom 70 Vydate L Warrior T Written By: Ben Beale, St Mary's County Shannon Dill, Talbot County Dale Johnson, WREC pound gallon pint pound gallon ounce 38 $18.50 $35.00 $2.59 $129.00 $72.00 $2.22 ($500.00) 39 Tomatoes Watermelon Watermelon Potato-White Potato-Sweet Peppers (Organic) Peppers Pak Chow Onion Okra Lettuce Horseradish Greens-Collard/Kale Green Beans Eggplant Cucumber Cauliflower Carrots Cantaloupe Cabbage Broccoli Asparagus Tomatoes $0.00 Sweet Corn (Organic) $500.00 Sweet Corn (Organic) $1,000.00 Sweet Corn $1,500.00 Sweet Corn $2,000.00 Squash-Summer $2,500.00 Squash-Summer $3,000.00 Spinach $3,500.00 Spinach Net Income Pumkins Potato-White Potato-Sweet Peppers (Organic) Peppers Crop Pumkins Crop Pak Choy Onion Okra Lettuce Horseradish Greens-Collard/Kale Green Beans Eggplant Cucumber Cauliflower Carrots Cantaloupe Cabbage Broccoli Asparagus Dollars Dollars 2008 Vegetable Enterprise Budgets Revenue 9000.00 8000.00 7000.00 6000.00 5000.00 4000.00 3000.00 2000.00 1000.00 0.00 40 1,000.00 0.00 Crop Onion Okra Lettuce Horseradish Greens-Collard/Kale Green Beans Eggplant Cucumber Cauliflower Carrots Cantaloupe Cabbage Broccoli Asparagus Watermelon Tomatoes Sweet Corn (Organic) Sweet Corn Squash-Summer Spinach Pumpkins Potato-White Watermelon Tomatoes Sweet Corn (Organic) Sweet Corn Squash-Summer Spinach Pumpkins Potato-White Potato-Sweet 2,000.00 Potato-Sweet 3,000.00 Peppers (Organic) 4,000.00 Peppers (Organic) 5,000.00 Peppers 6,000.00 Peppers Operating Expenses Pak Choy Crops Pak Choy Onion Okra Lettuce Horseradish Greens-Collard/Kale Green Beans Eggplant Cucumber Cauliflower Carrots Cantaloupe Cabbage Broccoli Asparagus Dollars Dollars 2008 Vegetable Enterprise Budgets Total Costs 6000.00 5000.00 4000.00 3000.00 2000.00 1000.00 0.00 2008 Vegetable Enterprise Budgets Overhead Expenses 700.00 600.00 Dollars 500.00 400.00 300.00 200.00 100.00 Watermelon Tomatoes Sweet Corn (Organic) Sweet Corn Squash-Summer Spinach Pumpkins Potato-White Potato-Sweet Peppers (Organic) Peppers Pak Choy Onion Okra Lettuce Horseradish Greens-Collard/Kale Green Beans Eggplant Cucumber Cauliflower Carrots Cantaloupe Cabbage Broccoli Asparagus 0.00 Crop PER ACRE FOR YEAR 2008 Summary Sheet for Vegetables PER ACRE FOR YEAR 2005 VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Choy Peppers Peppers (Organic) Potato-Sweet Potato-White Pumpkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon YIELD 3000 500 40000 5000 25000 400 350 1000 250 7500 4000 1200 6000 650 18000 800 400 300 20000 2400 250 700 1200 600 1200 2500 UNIT PRICE REVENUE POUND 1.50 $4,500.00 BOX 9.00 $4,500.00 POUND 0.10 $4,000.00 EACH 0.75 $3,750.00 POUND 0.08 $2,000.00 BOX 7.00 $2,800.00 BOX 10.00 $3,500.00 BOX 5.00 $5,000.00 BUSHEL 9.00 $2,250.00 POUND 0.30 $2,250.00 POUND 0.35 $1,400.00 CARTON 5.50 $6,600.00 POUND 0.65 $3,900.00 SACK 9.00 $5,850.00 POUND 0.18 $3,240.00 BOX 7.50 $6,000.00 BOX 15.00 $6,000.00 BUSHEL 9.00 $2,700.00 POUND 8.0% $1,600.00 EACH 1.00 $2,400.00 CRATES 8.50 $2,125.00 BOX 6.00 $4,200.00 DOZEN 1.50 $1,800.00 DOZEN 3.50 $2,100.00 BOX 7.00 $8,400.00 EACH 1.50 3750.00 * Labor Requirements: Low < 100 Hrs Medium >= 100 hrs; < 200 Hrs High >= 200 Hrs LABOR* 120 200 225 70 165 220 120 160 200 140 68 200 300 150 175 200 250 40 50 60 75 190 40 40 325 45 TOTAL CAPITAL** Low Medium High Low Medium Medium Medium Medium Medium Medium Low Low High High High Medium Medium Low Low Medium Low High Low Low High Low ** Capital Cost: Low < $1,500 Medium >= $1,500; < $3,000 High >= $3,000 Labor requirements include the number of hours above the custom rates 41 OPERATING OVERHEAD NET EXPENSE EXPENSE INCOME 4,185.91 222.00 $92.09 3,081.71 374.00 $1,044.29 4,118.04 313.00 ($431.04) 2,032.10 531.00 $1,186.90 1,501.41 254.00 $244.59 2,821.20 369.00 ($390.20) 2,445.44 512.00 $542.56 3,026.52 520.00 $1,453.48 1,960.70 268.00 $21.30 1,791.99 166.00 $292.01 1,187.44 311.00 ($98.44) 3,919.03 214.00 $2,466.97 3,318.09 249.00 $332.91 3,821.81 258.00 $1,770.19 2,211.90 208.00 $820.10 4,342.22 583.00 $1,074.78 4,451.54 377.00 $1,171.47 1,518.17 463.00 $718.83 1,142.26 463.00 ($5.26) 1,110.60 313.00 $976.40 1,652.10 248.00 $224.90 2,765.23 402.00 $1,032.77 982.43 369.00 $448.57 1,141.40 375.00 $583.60 4,919.54 609.00 $2,871.46 1,967.34 456.00 $1,326.66 VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Chow Peppers Peppers (Organic) Potato-Sweet Potato-White Pumkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon 3000 500 40000 5000 25000 400 350 1000 250 7500 4000 1200 6000 650 18000 800 400 300 20000 2400 250 700 1200 600 1200 2500 YIELD PRICE 1.50 9.00 0.10 0.75 0.08 7.00 10.00 5.00 9.00 0.30 0.35 5.50 0.65 9.00 0.18 7.50 15.00 9.00 0.08 1.00 9 6 2 4 7 2 VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Chow Peppers Peppers (Organic) Potato-Sweet Potato-White Pumkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon REVENUE 4500.00 4500.00 4000.00 3750.00 2000.00 2800.00 3500.00 5000.00 2250.00 2250.00 1400.00 6600.00 3900.00 5850.00 3240.00 6000.00 6000.00 2700.00 1600.00 2400.00 2125.00 4200.00 1800.00 2100.00 8400.00 3750.00 Data Sheet for Graphs: Do not delete or move PER ACRE FOR YEAR 2005 LABOR* Medium High High Low Medium Medium High High Medium Medium Low Medium High Low medium Medium Medium Low Low High Medium High Low Low High Low TOTAL CAPITAL** Low Medium High Low Medium Medium Medium Medium Medium Medium Low Low High High High Medium Medium Low Low Medium Low High Low Low High Low VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Choy Peppers Peppers (Organic) Potato-Sweet Potato-White Pumpkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon OPERATING EXPENSE 4,185.91 3,081.71 4,118.04 2,032.10 1,501.41 2,821.20 2,445.44 3,026.52 1,960.70 1,791.99 1,187.44 3,919.03 3,318.09 3,821.81 2,211.90 4,342.22 4,451.54 1,518.17 1,142.26 1,110.60 1,652.10 2,765.23 982.43 1,141.40 4,919.54 1,967.34 VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Choy Peppers Peppers (Organic) Potato-Sweet Potato-White Pumpkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon OVERHEAD EXPENSE 222.00 374.00 313.00 531.00 254.00 369.00 512.00 520.00 268.00 166.00 311.00 214.00 249.00 258.00 208.00 583.00 377.00 463.00 463.00 313.00 248.00 402.00 369.00 375.00 609.00 456.00 VEGETABLES Asparagus Broccoli Cabbage Cantaloupe Carrots Cauliflower Cucumber Eggplant Green Beans Greens-Collard/Kale Horseradish Lettuce Okra Onion Pak Choy Peppers Peppers (Organic) Potato-Sweet Potato-White Pumkins Spinach Squash-Summer Sweet Corn Sweet Corn (Organic) Tomatoes Watermelon $92.09 $1,044.29 ($431.04) $1,186.90 $244.59 ($390.20) $542.56 $1,453.48 $21.30 $292.01 ($98.44) $2,466.97 $332.91 $1,770.19 $820.10 $1,074.78 $1,171.47 $718.83 ($5.26) $976.40 $224.90 $1,032.77 $448.57 $583.60 $2,871.46 $1,326.66 NET INCOME 2008 Vegetable Enterprise Budgets 42