Extension/Research Information

Ohio Enterprise Budgets

Ohio State University Extension
Department of Agricultural, Environmental, and Development Economics
The Ohio State University

1999 COMMERCIAL PUMPKINS PRODUCTION BUDGET


-	ITEM		-	EXPLANATION		PRICE PER		----------YIELD (ton/A)----------			YOUR
-	-	-	-	-	-	UNIT		12	15	18	BUDGET


RECEIPTS ¹
	Pumpkins					$160.00	/ton	$1,920	$2,400	$2,880

VARIABLE COSTS
	Seed²			4	lb	18.00	/lb.	72	72	72
	Fertilizer ³
		N		100	lb	0.23	/lb	23	23	23
		P2O5		150	lb	0.28	/lb	42	42	42
		K2O		100	lb	0.13	/lb	13	13	13
		Lime		2000	lb	14	/ton	14	14	14
	Bee Hive Rental			1	/acre	40	/hive	40	40	40
	Pesticides ⁴							150	150	150
	Hired Labor ⁵			100	hours	6	hr	600	600	600
	Fuel, Oil, Grease							50	50	50
	Repairs							25	25	25
	Miscellaneous							20	20	20
	Int. on Oper. Cap. ⁶			5	mo.	9.0%		20	20	20

TOTAL VARIABLE COSTS					-Per Acre			1069	1069	1069
					-Per Ton			89	71	59

FIXED COSTS
	Operator Labor Charge			20	hours	7.50	/hr	150	150	150
	Mach. And Equip. Charge ⁷							300	300	300
	Land Charge			Rent				100	150	200
	Management Charge				5% of Gross			96	120	144

TOTAL FIXED COSTS								646	720	794

TOTAL COSTS					-Per Acre			1715	1789	1863
					-Per Ton			143	119	103

RETURN ABOVE VARIABLE COSTS								851	1331	1811
RETURN ABOVE TOTAL COSTS								205	611	1017

¹	Expected receipts vary substantially depending on method of harvest and weather risk.
²	Seed price based on Howden variety. Hybrid varieties may cost considerably more ($40 - $56/lb)
³	Assumes only maintenance application of fertilizer needed.
⁴	Consult current OSU Bulletin 672 for specific recommendations.
⁵	Includes supplies, utilities, soil tests, small tools, etc...
⁶	Interest on all variable costs, except harvesting, hauling, and topping for 9 months at 9% interest rate.
⁷	Does not include any equipment or facilities for storage or marketing

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