Fresh Market (Wholesale) Sweet Corn Enterprise Budget - Machine Harvested

 
Revenue
Revised March 2006
Sample cost
per Acre
Your Farm Budget
Expected Yield (dozen/ac)
1000.00
 
Expected Price ($/dozen)
1.80
 
Total Expected Revenue (Yield x Price)    
add: Expected Insurance Revenues    
Total Revenue    

 
Expenses
Revised March 2006
Sample cost
per Acre
Your Farm Budget
Seed
90
 
Starter Solution
47
 
Fertilizer #1 N

41

 
Fertilizer #2 P
6
 
Fertilizer #3 K
13
 
Herbicides - Burndown
9
 
Herbicides - Primextra Magnum
28
 
Herbicide - Accent4 plus Merge
29
 
Insecticides Matador
16
 
Insecticides Furadan
16
 
Fungicides Tilt
29
 
Crop Insurance
42
 
Custom Work #1 Pesticide Application
64
 
Custom Work #2 Fertilizer Application
18
 
Custom Work #3    
Irrigation1
125
 
Plastic Mulch    
Crop Scouting
12
 
Mesh Bags
80
 
Marketing and Transportation
90
 
Labour
 
 
Packing/grading
120
 
Machine operation
71
 
Mulch Removal
 
 
Mulch Disposal
 
 
Cover Crop Seed
16
 
Fuel2
32
 
Mach. Repair and Maintenance2
23
 
Bldg. Repair and Maintenance
50
 
Land Rent
   
 
General Variable Costs
  
 
Interest on Operating Capital
38
 
Total Variable Costs
1106
 
 
 
Fixed Costs
Revised March 2006
Sample cost
per Acre
Your Farm Budget
Depreciation2
98
 
Interest on Term Loans2
110
 
Cold storage and packing equipment3
275
 
Land costs    
Long-Term Leases
   
 
General Fixed Costs2
27
 
Total Fixed Costs
510
 
Total Expenses
  
 

Breakeven Price on Your Farm is (Total Expenses/Expected Yield)

  1. Includes Variable (fuel, repairs, labour) and Fixed (depreciation, interest, insurance) Irrigation Costs
  2. Field operations included in fuel, repairs, machine labour, depreciation, interest and general fixed:
    • Tillage: Chisel plow, 2 field cultivations, 1 inter row cultivation
    • Planting: Grain corn planter, cover crop seed planter
    • Harvest: Wagon, forklift, 1 row corn harvester
  3. Includes depreciation, interest on investment and insurance for forced air cooling system
  4. Accent is only registered for specific sweet corn varities. Please refer to OMAFRA Publication 75 for listing.

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For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca
Author: John Molenhuis - Business Analysis & Cost of Production Program Lead/OMAFRA
Creation Date: 16 January 2003
Last Reviewed: 5 May 2006