Crop___________________
Year__________
Field Name___________________
Acreage_________
Previous Crop_____________
Variable Production Costs
Field Labor and equipment time: Labor hours Machinery hours
Prepare land (plow, disk, rotovate, other_______________) ____ ____
Apply pre-plant amendments (lime, fertilizer, manure, compost) ____ ____
Grow transplants (fill trays, seed, water, other____________) ____ ____
Prepare for planting (form beds, lay plastic, drip tape, etc.) ____ ____
Set transplants (set out, water, fertilize, other_____________) ____ ____
Mechanically cultivate weeds ___ times (pre-plant, post plant) ____ ____
Hand-hoe weeds (____ times) ____
Mow alleys, field edges (____ times) ____ ____
Scout crop for pests (___ times) ____
Spray pesticides ___ times (herbicides, insecticides, fungicides) ____ ____
Irrigate ___ times (set up, manage overhead or drip) ____ ____
Harvest (pick, deliver to packing house)
____
____
General management time
Repairs, training, supervision, other_________)
____
____
Calculating total production labor and machinery cost:
_____labor hours x $_____ average cost per hour = $_____
_____machinery hours x $_____average cost per hour = $_____
Total labor plus machinery cost
$ ______
Materials Cost
Seeds or plants $______
Trays and potting mix $______
Fertilizers $______
Plastic mulch, row cover, drip tape $______
Pesticides $______
Boxes, bins, bags $______
Cover crop seed $______
General supplies $______
Other_____________
$ ______
Total Materials Cost
$______
Marketing Cost
labor ____hrs. @ $_____ per hr. $____
transportation $____
display $____
co-op, broker or market fees $____
advertising $____
other______
$____
Total marketing cost
$_______
Total Variable Production Costs:
(labor+
machinery+ materials+ marketing)
$_______
Fixed (overhead) costs
(prorate each of these costs to reflect the proportion
of the total farm land occupied by this crop)
land $____
buildings $____
insurance $____
office expenses $____
property taxes $____
utilities $____
fees, permits $____
other______________
$____
Total
Fixed Costs
$_______
Total Costs (Variable + Fixed Costs):
$ _______
Gross Returns: (marketable yield x average price/unit)
retail: ____units x $ ____ price per unit = $____
wholesale: ____ units x $___ price per unit =$____
Total retail + wholesale gross returns
$_______
Net Returns* (= Gross returns - Total Costs) $_______
* Net Returns= pre-tax profit if farmer’s labor is
included above