• TABLE OF CONTENTS
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 Front Cover
 Title Page
 Abstract
 Table of Contents
 List of Figures
 Main
 Appendix
 Back Cover






Group Title: Computer series Florida Cooperative Extension Service
Title: ALTCROP
CITATION THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00095278/00002
 Material Information
Title: ALTCROP alternative crop budgeting
Alternate Title: ALTernative CROPs
Physical Description: 1 computer disk : ; 5 1/4 in. +
Language: zxx
Creator: Alderman, Rom
Parrish, Kevin
Hewitt, Tim
Florida Cooperative Extension Service
Publisher: Computer Related Services (FARMLab), Food and Resource Economics Dept., Institute of Food and Agricultural Sciences, University of Florida
Place of Publication: Gainesville, Fla.
Publication Date: 1989
Copyright Date: 1989
Edition: Version 1.00.
 Subjects
Subject: Agriculture -- Economic aspects   ( lcsh )
ALTCROP (Computer program)   ( lcsh )
 Notes
Summary: ALTCROP (ALTernative CROPs) is a program designed to help in choosing alternative enteprises. This program calculates various crop budgets and a table showing internal rate of returns.
System Details: System requirements: IBM PC or compatible; 256K; MS-DOS; Lotus 123.
General Note: Description based on: documentation dated April 1989.
General Note: Computer series, Florida Cooperative Extension Service, circular 820
Statement of Responsibility: Rom Alderman, Kevin Parrish and Tim Hewitt.
 Record Information
Bibliographic ID: UF00095278
Volume ID: VID00002
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 20698074

Table of Contents
    Front Cover
        Front Cover 1
        Front Cover 2
    Title Page
        Page i
    Abstract
        Page ii
    Table of Contents
        Page iii
    List of Figures
        Page iv
    Main
        Page 1
        Page 2
        Page 3
        Page 4
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
        Page 10
    Appendix
        Page 11
        Page 12
        Page 13
        Page 14
        Page 15
        Page 16
        Page 17
        Page 18
    Back Cover
        Page 19
        Page 20
Full Text
FSGG c
lo1
A2o
April 1 aSS


Floppy disc included with this
item has been shelved separately.
Consult LUIS or ask circulation
staff for assistance.


Circular 820


ALTCROP

Alternate Crop


Budgeting


Rom Alderman, Kevin Parrish and Tim Hewit;- __
Central Science
Library


University of Florida


Florida Cooperative Extension Service/Institute of Food and Agricultural Sciences
University of Florida/John T. Woeste, Dean

TFo -
F636c
820
codebk









DISCLAIMER


The Board of Regents of the State of Florida, the University of Florida, the Institute of
Food and Agricultural Sciences, and the Florida Cooperative Extension Service, hereinafter
collectively referred to as "UF-IFAS", will not be liable under any circumstances for the
direct or indirect damages incurred by any individual or entity due to this software or use
thereof, including damages resulting from loss of data, loss of profits, loss of use, interruption
of business, indirect, special, incidental or consequential damages, even if advised of the pos-
sibility of such damage. This limitation of liability will apply regardless of the form of
action, whether in contract or tort, including negligence.
UF-IFAS does not provide warranties of any kind, expressed or implied, including but not
limited to any warranty of merchantability or fitness for a particular purpose or use, or
warranty against copyright or patent infringement.
The entire risk as to the quality and performance of the program is with you. Should
the program prove defective, you assume the entire cost of all necessary servicing, repair, or
correction.
The mention of a tradename is solely for illustrative purposes. UF-IFAS does not hereby
endorse any tradename, warrant that a tradename is registered, or approve a tradename to the
exclusion of other tradenames. UF-IFAS does not give, nor does it imply, permission or
license for the use of any tradename.
If user does not agree with terms of this limitation of liability, user should cease using
software immediately and return it to UF-IFAS. Otherwise, user agrees by the use of this
software that user is in agreement with the terms of this limitation of liability.














ALTCROP


Alternative Crop Budgeting














Rom Alderman, Kevin Parrish, and Tim Hewitt
Computer Related Services (FARMLab)
Food and Resource Economics Department
Institute of Food and Agricultural Sciences
University of Florida
Gainesville, Florida


B'v: in:T cO FLOa UnPAESr







ABSTRACT


This manual explains the use of ALTCROP, computer software for developing crop budgets
including internal rate of return analysis, to be used for evaluating alternative commodity
options and/or production techniques.



KEY WORDS: Budget, Alternative, Software.














LIST OF FIGURES.......

INTRODUCTION .......
Description .......
Secifications ......



Making Backup Copies .
Starting ALTCROP. . .
A Word About Menus

PROGRAM OVERVIEW . .
Brief Topic Description..
Getting Around ALTCROP

SELECT . . . . . .


PRODUCTION (U-PICK) .

DEVELOPMENT......


ESTABLISHMENT ......

NET . . . . . .

PRINT ............


IRR/Table ..........

APPENDIX (Sample Output) .


TABLE OF CONTENTS



............

............
............
............

PROGRAM START-UP







. . . . . t .








............

............

. . . . . .

......... ..

............

. . . . . . .










LIST OF FIGURES


FIGURE 1.

FIGURE 2.

FIGURE 3.

FIGURE 4.

FIGURE 5.

FIGURE 6.

FIGURE 7.

FIGURE 8.

FIGURE 9.

FIGURE 10.

FIGURE 11.

FIGURE 11.


Sample ALTCROP Title Page ..........

Crop Identification table ..........

Main menu for file named Blueberries .....

ALTCROP Blueberry Budget Example . ..

ALTCROP Blueberry Budget (Con't) . . .

ALTCROP Blueberry Budget (Con't) . . .

ALTCROP Blueberry Budget (Con't) . . .

Break-Even Table for Blueberries . . .

Net Return table ...............

Sample Print menu ............. .

IRR/Table . ....... ... ......

IRR/Table (Con't) ..............


. . . . . . . 2

. . . . . . . 3

. . . . . . . 4

. . . . . . . 4











. . . . . . . 7
. . . . . . . 8




. . . . . . . 9

............. 90


*
.








INTRODUCTION


ALTCROP (ALTernative CROPs) is a program designed to help in choosing alternative
enterprises. This program calculates various crop budgets and a table showing internal rate of
returns.

Farmers can use ALTCROP to build budgets for certain commodities and then determine
how these commodities compare with other alternatives that can be grown in the area.

Specifications

ALTCROP requires 256k memory, is compatible with MS-DOS computers using a Lotus
1-2-3 compatible software package.

Lotus 1-2-3 is a software package written by Lotus Development Corporation which
combines graphics and information management capabilities in an electronic spreadsheet. No
programming knowledge is required to use 1-2-3. The ALTCROP program does require some
Lotus skill.

Lotus 1-2-3 compatibility was chosen as the programming environment not only for its
popularity, but because farmers and lending institutions will find its powerful spreadsheet
ability very useful for other applications. As you become more familiar with using Lotus and
ALTCROP, the two programs will provide a framework from which individuals can modify or
create decision tools designed to meet their own preferences and needs.


PROGRAM START-UP
Making Backup Conies

Before using ALTCROP for the first time protect the original distribution disk by
making a backup copy of it. This backup copy will be your day-to-day working copy. Place
the original disk in a safe location. If your working disk should ever develop a fatal error
you will always have the original disk from which you can make a new working copy. If you
are using Lotus 2.01 then you should rename all files to .wkl extensions (RENAME *.wks
*.wkl). To make a backup copy, refer to DISKCOPY (floppy drives), subdirectories (hard
drives), and the COPY commands in the MS-DOS users manual.


Starting ALTCROP

To start a ALTCROP session follow these steps:

1. Put your ALTCROP working disk in drive B for dual floppy drives or drive A or
B for hard drives.
2. Start the 1-2-3 program by selecting 1-2-3 from the Lotus menu. To load Lotus
reference your Lotus manual.
3. ALTCROP will automatically load if the floppy drive where you placed your diskette
is the Lotus default drive. If not, use the Lotus command /FD (File Directory) and
provide the appropriate drive letter followed by a colon, and then /FR (File
Retrieve) and choose the filename "AUTO123". A hard disk may be used by those
familiar with sub-directories. The title page and main menu (Figure 1) should now
be displayed. You are now ready to begin.










FIGURE 1. Sample ALTCROP Title Page

Al: CMH MENU
SELECT CREATE MODIFY IRR/Table PRINT Quit
Select a crop (Make sure the fi e exists and/or the correct disk is present).
A S C D E
1
2
3
4
5 ALTCROP
6 Alternative Crops
7


13 ******************************************************************
14 ** developed by FARM Lab, Parrish & ALderman
15 ** Food and Resource Economics Department
16 ** Institute of Food and Agricultural Sciences
17 Copyright (c) 1988 University Of Florida **
18 ********************************************************************
19
20 .


A Word About Menus

The ease of data entry is partially due to menus. You might think of a computer menu
as you would a restaurant menu. You make a selection from the choices available and then
tell the waitress or waiter or computer, whichever the case may be, what your selection is.
You tell ALTCROP which selection you want by using the left and right arrow keys to
highlight the desired selection and then pressing the key. The line below the menu
is a description of the highlighted option.

All work done in ALTCROP is accomplished by using 1-2-3's "range input" facility. This
facility allows only the high intensity cells, or contrasting color cells for color monitors, to
accept input. High intensity cells, as the name implies, appear brighter than low or normal
intensity cells. The difference in intensities for monochrome monitors and color for color
monitors is easily distinguishable on the display.


PROGRAM OVERVIEW


Brief Tooic Descriotion


To help you become familiar with ALTCROP, the next section briefly describes each
option that is available. For a more detailed discussion including examples, refer to the
specific topic discussion.


SELECT -


CREATE-


This menu selection allows you to pick a particular crop budget to view and
edit from the main list of budgets.

With this menu selection, you can create a new budget name. You create the
new budget by copying from an existing budget using the DOS copy command.
For Example, use blueberries to create budget 13 (copy l.wks 13.wks).









MODIFY- Use this menu selection to edit a crop name already listed in the main crop
menu. It is for changing the descriptive name only.

IRR/Table- This menu selection lets you input price, quantity and operating costs into a
table. The computer then calculates the internal rate of return of different
commodities.

PRINT Choosing this menu selection will make a printout of the main crop budget
listing.

QUIT This menu selection returns you to the Lotus Access Menu.


Getting Around ALTCROP


To select a menu option in ALTCROP use the left and right arrow keys to point to your
desired selection and press the key. To move to the next screen of a program
module or to return to the most recent menu from within a program module press a "null
return". A null return is simply an key with no data input. To move from a
submenu to a higher level menu select the RETURN option available on all menu displays.

SELECT

Choosing SELECT brings up the main Crop Identification table (see Figure 2). Enter the
number corresponding to the crop you would like to view/edit and press the key.
You may escape (pressing the (Esc) key or (Ctri) (Break)) from this and other options, and
then hold down the (Alt) key and press M to return to the main menu.


FIGURE 2. Crop Identification table


Fl:
ENTER THE CROP NUMBER ?


CMD EDIT


CROP IDENT I F I CATION


ries 16 Grain Sorghum(Dbt/cr)31
17 Grain Sorghum 32
ne Grapes 18 Wheat 33
/Nectarines 19 Corn (Irrigated) 34
20 Corn 35
Oats, & Rye 21 36
22 37
s 23 38
les 24 39
y 25 40
26 41
0 HD. 250 AC. 27 42
d 28 43
Bermuda Hay 29 44
30 45
(Prea fC(e- thaen tAIt% r\ nr um- n in


aese of error)


Choosing number "1" above will load the blueberry budget. Figure 3 shows the menu for
blueberrires. Most of the crops listed follow this general format. Blueberries are unique
because they have two production options (U-Pick & Fresh). Most other commodity examples
have only one production budget. Some have a development budget and establishment budget.

3


1 Blueber
2 Citrus
3 Muscadi
4 Peaches
5 Pecans
6 Wheat,
7 Peanuts
8 Soybean
9 Vegetable
10 Forestry
11 Alfalfa
12 Cows/10(
13 Turf/Soe
14 Coastal
15 Cotton


"`--~----1~'-" ~~"~~~"1-I~~I~R""


''''









FIGURE 3. Main menu for file named Blueberries


11:
U-PICK FRESH DEVELOPMENT ESTABLISHMENT NET/NAME PRINT SAVE
Enter budget data for pick-your-own Blueberries
I J K L M N


CMD MENU
Return

0


Blueberries, North Florida, 1985


U-Pick
Price (S/Lb.) $0.60
Yield (tbs./acre) 4000

Receipts 2,400.00
Cost 2,300.94

Net/acre $99.06
u1uau1u m11uuuuu..ua


FRESH
$1.30
5000

6,500.00
7,224.72

($724.72)
uuuuu....uu3


Crop Budgeting Time-Saver
*************** ***************************************


* Developed


by Timothy D. Hewitt, in cooperation w/FARM Lab. **


PRODUCTION (U-PICK)

The U-Pick option allows you to look at and modify a budget for pick-your-own
blueberries (see Figure 4). To continue down the budget enter a "null return", figures 5-7.

For spreadsheet users beyond the novice stage, it is strongly suggested that you (ctrl)
Break out of this menu, press home, and fully use all of the spreadsheets features for
analyzing, editing, and moving around (such as PgUp,PgDn). You can return to the menu at
any time by holding down the (Alt) key and pressing M.


FIGURE 4. ALTCROP Blueberry Budget Example


C10: U 'Fertilizer (4-6-8 Azalea


CMD READY


Rabbiteye Blueberries


3 E F G i

Total Cost per Acre a $2,300.94


4 Estimated Cost/Acre For Producing Rabbit*ye Blueberries,
5 North Florida, 1985
6 ......................................................................
7 Item Unit Quantity Price VaLue Your cost
8 .....................................................................
9 Variable Expenses:
10 Fertilizer (4-6-8 Azalea
11 special or equivalent) cut. 8 7.10 56.80
12 Anmonium sulfate cut. 1 8.00 8.00
13 Herbicides acre 1 28.00 28.00
14 Insect and disease
15 control acre 1 23.00 23.00
16 Machinery costs:
17 Fuel gal. 25 1.05 26.25
18 Repairs acre 1 18.00 18.00
19 Truck, pickup miLe 200 0.1Z 24.00
20 Irrigation (a) acre 1 45.00 45.00









FIGURE 5. ALTCROP Blueberry Budget (Con't)

C19: U 'Truck, pickup CMD READY


AB C 0 E F G H
1
2 Rabbiteye Blueberries Total Cost per Acre a $2,300.94
3
4 Estimated Cost/Acre For Producing Rabbiteye Blueberries,
5 North Florida, 1985
6 ..............-...*. ............................. ..... ..............
7 Item Unit Quantity Price Value Your cost
8 ................ ...............*....... *... ..-............... ......
19 Truck, pickup mile 200 0.12 24.00
20 Irrigation (a) acre 1 45.00 45.00
21 Labor hour 150 4.00 600.00
22 Pruning hour 20 4.00 80.00
23 Advertising acre 1 50.00 50.00
24 Miscellaneous (b) acre 1 120.00 120.00
25 0.00
26 0.00
27 0.00
28 0.00
29 0.00
30 0.00







FIGURE 6. ALTCROP Blueberry Budget (Con't)

F31: (PO) U 0.09 CMO READY

AB C D E F G H
1
2 Rabbiteye Blueberries Total Cost per Acre a $2,300.94
3
4 Estimated Cost/Acre For Producing Rabbiteye Blueberries,
5 North Florida, 1985
6 ................................-.. ..... .. ..... ... ...... .......
7 Item Unit Quantity Price .Value Your cost
8 ----........---------..........-.......----..........................................
31 Interest on cash expenses $ 1079.05 9% 97.11
32 Total variable expenses $1,176.16
33 Fixed costs:
34 Machinery acre 1 51.50 51.50
35 Truck, pickup mile 200 0.15 30.00
36 Irrigation acre 1 90.00 90.00
37 Land charge S 800 10% 80.00
38 Interest on selling
39 stand and fencing S 250 12% 30.00
40 General overhead S 1176.164. 3% 35.28
41 Recapture of establish-
42 ment and development








FIGURE 7. ALTCROP Blueberry Budget (Con't)

C36: U 'Irrigation CMD READY


A8 C D E F G H
1
2 Rabbiteye Blueberries Total Cost per Acre a $2,300.94
3
4 Estimated Cost/Acre For Producing Rabbfteye Blueberries,
5 North Florida, 1985
6 .......................................*.......*......................
7 Item Unit Quantity Price Value Your cost
8 *......................................................................
36 Irrigation acre 1 90.00 90.00
37 Land charge $ 800 10% 80.00
38 Interest on selling
39 stand and fencing $ 250 12% 30.00
40 General overhead $ 1176.164 3% 35.28
41 Recapture of establish-
42 ment and development
43 costs (c) $ 1 807.99 807.99
44 Total fixed costs $1,124.77
45 ..........
46 Total costs $2,300.94-
47 Muaaaaaw= auagauaM3=aaag=Buaa=BgMga=aa=ggg===gu===;=s3 UeaUagaaaaaa3aa




Figure 8. shows the Break-Even table, it is the last screen displayed when choosing
U-PICK. You may enter a number at the cursor and the yields will increment by 250 in this
example.



FIGURE 8. Break-Even Table for Blueberries


C52: U 4000 CMD READY

AB C 0 E F G H
48 Break-even Prices at Various Yields
49 ... ...........................................
50 Yield (Lbs./acre) Price ($/lb.)
51 .......................... ..................
52 4000 $0.58
53 4250 $0.54
54 4500 $0.51
55 4750 $0.48
56 5000 $0.46
57 5250 80.44
58 5500 $0.42
59 .............................................
60 (a) Costs based on trickle irrigation system.
61 (b) Includes containers, scales, bags, etc.
62 (c) In 10 years at 12X.
63 Prepared by: Timothy D. Hewitt, Area Economist, Food and Resource
64 Economics Department, University of Florida, ARC, Marianna
65
66
67









DEVELOPMENT


The development budget calculates the annual cost for years prior to PRODUCTION, but
after the ESTABLISHMENT year. The budget has the same format as the PRODUCTION
budget except for the break-even analysis.



ESTABLISHMENT

The establishment budget calculates the establishment cost of the commodity, generally
encompassing the first year of expenditures. This budget also follows the same format as the
PRODUCTION budget with a few additional cost items such as land clearing.



NET

After entering a "null return" you are back at the blueberry main menu screen.
Choosing NET allows price and yield to be changed in the Net Return table (see Figure 9).


FIGURE 9. Net Return table


L7: (C2) U 0.6


CMD READY


J K L


M N 0


BLueberries, North Florida, 1985


U-Pick
Price (S/lb.) $0.60
Yield (tbs./acre) 4000

Receipts 2,400.00
Cost 2,300.94

Nat/acre $99.06
=Rus*** ===========


FRESH
$1.30
5000
............
6,500.00
7,224.72

($724.72)


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20


Crop Budgeting Time-Saver
******************t******************************************
** Developed by Timothy 0. Hewitt, in cooperation w/FARM Lab. **
**************HHX* ********M********************************









PRINT

Once you have the correct budget created, you may want to make a hard copy of it
using the PRINT option (see Figure 10). After choosing PRINT, you can pick which budget
(on the current worksheet) is to be printed. Make sure the paper is aligned and the printer
is on. Advisors can use the column labeled "Your cost" to help those they are advising to
develop some numbers manually.



FIGURE 10. Sample Print menu


11:
U-PICK FRESH DEVELOPMENT ESTABLISHMENT NET Return
Print budget for pick-your-own Blueberries
I J K L M
1


CMD MENU


N 0


Blueberries, North Florida, 1985


U-Pick
Price (s/lb.) 50.60
Yield (tbs./acre) 4000

Receipts 2,400.00
Cost 2,300.94

Net/acre $99.06
unawuuut aam auuMsse


FRESH
51.30
5000

6,500.00
7,224.72

($724.72)
uuw==usuzua


Crop Budgeting Time-Saver
**l***** ******Th**************************ro********************
** Developed by Timothy D. Hewitt, in cooperation w/FARM Lab. **
23 ****************** **************** ******l ****









IRR/Table


RETURN will take you back to the main Crop Selection Menu after you choose YES to
the verification menu that insures you have saved any desired permanent changes. By
choosing IRR/Table, different commodities can be compared and evaluated (see Figure 11).
The user should be familiar with the concept of Internal Rate of Return (IRR) in order to
accurately use this option. IRR provides a way of comparing profitability between items
which produce varying cashflows. For example, lets say you have a $1000 to invest or could
have $1000 from the sale of an acre of land. You could put it in a Money Market Account
and make 9%, or you can buy (or decide not to sell an.acre of land) and plant corn and net
$50 and make a 5% return. Or you can establish blueberries and make 8.69%. IRR will help
you compare, on an Annual Percentage Rate (APR) basis, your expected return.

The IRR/Table requires you to input the expected selling PRICE, yield/acre QUANTITY,
Operating Cost, Initial Outflow (including land value and establishment cost), and the
development cost for each year after establishment but before production.




FIGURE 11. IRR/Table


Al:
INPUT CALC YEAR PRINT SAVE Return
Input data into the table
A B C
1
2
3 Commodity IRR Price
4 ........ ........ ........
5 Citrus 8.18% 56.25
6 Blueberry U-Pick 8.69% 50.50
7 Blueberry Fresh 7.53% S1.20
8 Grapes Muscadine 6.48% $900.00
9 Peach/Nectarine -4.13X $12.00
10 Pecans 0.81% S0.75
11 Wheat
12 Oats
13 Rye
14 Peanuts Contract
15 Peanuts no Con.
16 Soybeans
17 Alfalfa 4.07% $100.00
18 Cows/100hd/250ac
19 Forestry 1.13% $430.55
20 Foliaae


CMD MENU

0 E F G


Quar


Net Operating
ntity Receipts Cost

323 $2,019 $647
4000 $2,000 $1,100
4000 $4,800 $4,000
5 $4,500 53,332
430 55,160 54,737
1000 S750 $629
so
so
$0

0so
so
SO

4 $400 $250
SO
7.05 $3,035 $2
SO


(Outf low
1985

(5,000)
(5,201)
(5,201)
(5,991)
(4,337)
(1,709)





(1,000)

(3,120)








The flows may be varied, especially during the productive years, to reflect cost, price, and
yield variations. Also, an estimated "terminal value" (selling price) at the end of the
investment period is needed. This value will vary depending on the crop, location, and market
demand. The value of an acre that can product citrus or blueberries is higher than that of
an acre which can produce only corn. Tax implications should be taken into consideration,
especially when evaluating longer-term investments. Risk is not formally taken into
consideration. The selling price of blueberries, being a thin market, is much more volatile
than, say citrus -- a market with relatively strong demand. A sensitivity analysis is easily
performed, for example to change price to reflect what a flooded market would bring for the
product (sometimes $0.00). Production and financial feasibility must be coupled with a well
established marketing plan. Buyers for the product should be targeted and a good
relationship should be intact before proceeding with production.



FIGURE 11. IRR/Table (Con't)
i iI


AM5: (,0) U


A

Commodity

Citrus
Blueberry U-Pick
Blueberry Fresh
Grapes Muscadine
Peach/Nectarine
Pecans
Wheat
Oats
Rye
Peanuts Contract
Peanuts no Con.
Soybeans
Alfalfa
Cows/00hd/250ac
Forestry
Pnh I(a


8 AI AJ AK AL AN


IRR
9.20%
10.10%
8.41%
10.51%
3.74%
0.58





2.23%


2018

1,372
900
800
1,168
423
121


2019

1,372
900
800
1,168
423
121


2020

1,372
900
800
1,168
423
121


2021 2022

5,000
2,000
2,000
2,000
2,000
2,000


95 95 95 2,000


2.43% (2) (2) 3,570 2,000


__ liege


READY













APPENDIX (Sample Output)








Total Cost per Acre $2,201.25


Estimated Establishment Cost/Acre For Rabbiteye Blueberries,
North Florida, 1985
Item Unit Quantity Price Value Your cost
Item Unit Quantity Price Value Your cost
------------------------------ aaaaam----aaaaaaaaaaaaaaaamaaaaaaaaaaaaaaaaaaa


Variable Expenses:
Fertilizer (4-6-8 Azalea
special or equivalent)
Ammonium sulfate
Blueberry plants
(6' x 12')
Peat moss
Mulch
Herbicides
Insect and disease
control
Machinery costs:
Fuel
Repairs
Truck, pickup
Irrigation (a)
Labor





Interest on cash expenses
Total variable expenses
Fixed costs:
Machinery
Truck, pickup
Irrigation
Land charge
General overhead


cwt.
cwt.

each
bales
ton
acre

acre

gal.
acre
mile
acre
hour


6
0.5

600
20
3
1


7.10
8.00

2.00
8.00
20.00
42.00


1 18.00


36
1
200
1
15


1.05
25.00
0.12
45.00
4.00


$ 1718.40


acre
mile
acre
$
$


1
200
1
800
1873.06


72.00
0.15
90.00
10%
31


Total fixed costs

Total costs


42.60
4.00


1200.00
160.00
60.00
42.00

18.00
0.00
37.80
25.00
24.00
45.00
60.00
0.00
0.00
0.00
0.00
0.00
% 154.66
$1,873.06


72.00
30.00
90.00
80.00
56.19
0.00
0.00
0.00
0.00
0.00
$328.19

$2,201.25
mminmm.,...-=.==.=.=


(a) Costs based on trickle irrigation system.


Prepared by: Timothy D. Hewitt, Area Economist, Food and Resource
Economics Department, University of Florida, ARC, Marianna


Rabbiteye Blueberries








Rabbiteye Blueberries Total Cost per J

Estimated Cost/Acre For Producing Rabbiteye
North Florida, 1985 (In Development Stage)


=cre $620.11

Blueberries,


Item Unit Quantity Price Value Your cost
Item Unit Quantity Price Value Your cost
---------------- M------ W------------------------------ M-----------


Variable Expenses:
Fertilizer (4-6-8 Azalea
special or equivalent)
Ammonium sulfate
Herbicides
Insect and disease
control
Machinery costs:
Fuel
Repairs
Truck, pickup
Irrigation (a)
Labor
Pruning







Interest on cash expenses
Total variable expenses
Fixed costs:
Machinery
Truck, pickup
Irrigation
Land charge
General overhead


Total fixed costs

Total costs


cwt.
cwt.
acre

acre

gal.
acre
mile
acre
hour
hour







$


acre
mile
acre
$
$


7 7.10
0.5 8.00
1 28.00

1 22.00


32
1
200
1
12
10


316.30


1
200
1
800
344.767


1.0
22.0
0.1
45.0
4.0
4.0


5


49.70
4.00
28.00

22.00

33.60


0 22.00
2 24.00
)0 45.00
0 48.00
)0 40.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
9% 28.47
$344.77


65.00 65.00
0.15 30.00
90.00 90.00
10% 80.00
3% 10.34
0.00
0.00
0.00
0.00
0.00
$275.34

$620.11


(a) Costs based on trickle irrigation system.

Prepared by: Timothy D. Hewitt, Area Economist, Food and Resource
Economics Department, University of Florida, ARC, Marianna


I








Total Cost per Acre $2,300.94


Estimated Cost/Acre For Producing Rabbiteye Blueberries,
North Florida, 1985 (Pick Your Own)*(During Productive Years)
Item Unit Quantity Price Value Your cost
Item Unit Quantity Price Value Your cost
----------------------------------------------------------------------


Variable Expenses:
Fertilizer (4-6-8 Azalea
special or equivalent)
Ammonium sulfate
Herbicides
Insect and disease
control
Machinery costs:
Fuel
Repairs
Truck, pickup
Irrigation (a)
Labor
Pruning
Advertising
Miscellaneous (b)






Interest on cash expenses
Total variable expenses
Fixed costs:
Machinery
Truck, pickup
Irrigation
Land charge
Interest on selling
stand and fencing
General overhead
Recapture of establish-
ment and development
costs (c)
Total fixed costs


Total costs


cwt.
cwt.
acre

acre

gal.
acre
mile
acre
hour
hour
acre
acre


7.10
8.00
28.00


56.80
8.00
28.00


1 23.00 .23.00


25
1
200
1
150
20
1
1


$ 1079.05


acre
mile
acre
$


1
200
1
800


$ 250
$ 1176.164


1.05 26.25
18.00 18.00
0.12 24.00
45.00 45.00
4.00 600.00
4.00 80.00
50.00 50.00
120.00 120.00
0.00
0.00
0.00
0.00
0.00
0.00
9% 97.11
$1,176.16


51.50
0.15
90.00
10%


51.50
30.00
90.00
80.00


12% 30.00
3% 35.28


1 807.99 807.99
$1,124.77

$2,300.94


Break-even Prices at Various Yields
----------------M----------------- -m------M-----


Yield (lbs./acre)

4000
4250
4500
4750
5000
5250
5500


Price ($/lb.)
------------------
$0.58
$0.54
$0.51
$0.48
$0.46
$0.44
$0.42


--m--------m ---e----------------- ---------.------


Rabbiteye Blueberries







Total Cost per Acre $7,224.72


Estimated Cost/Acre For Producing Rabbiteye Blueberries,
North Florida, 1985 (Fresh Market)*(During Productive Years)

Item Unit Quantity Price Value Your cost
----------------------------------------------------------------------


Variable Expenses:
Fertilizer (4-6-8 Azalea
special or equivalent)
Ammonium sulfate
Herbicides
Insect and disease
control
Machinery costs:
Fuel
Repairs
Truck, pickup
Irrigation (a)
Labor
Pruning
Interest on non-harvest
variable expenses
Contract piecework
Flats
Market preparation
and shipping



Total variable expenses
Fixed costs:
Machinery
Truck, pickup
Irrigation
Land charge
General overhead
Recapture of establish-
ment and development
costs (b)


Total fixed costs

Total costs


cwt.
cwt.
acre

acre

gal.
acre
mile
acre
hour
hour

$
pints
each


7.10
8.00
28.00


1 23.00


28
1
400
1
14
20

394.7
10,000
850


each 10,000


1.05
20.50
0.12
45.00
4.00
4.00

9%
0.25
1.20


56.80
8.00
28.00

23.00


29.40
20.50
48.00
45.00
56.00
80.00

35.52
2500.00
1020.00


0.20 200


$5,95


acre
mile
acre
$
$


40

80
5950.22


0.00
0.00
0.00
0.00
.0.22


1 58.00 58.00
'0 0.15 60.00
1 90.00 90.00
0 10% 80.00
;3 3% 178.51
0.00
0.00
1 807.99 807.99
0.00
0.00
$1,274.50

$7,224.72


Break-even Prices at Various Yields

Yield (Ibs./acre) Price ($/lb.)

5000 $1.44
5250 $1.38
5500 $1.31
5750 $1.26
6000 $1.20
6250 $1.16
6500 $1.11
-------------------------------------------------


Rabbiteye Blueberries








Blueberries, North Florida, 1985


U-Pick
Price (S/lb.) $0.60
Yield (Ibs./acre) 4000
------- ---------
Receipts 2,400.00
Cost 2,300.94
Net/acre $99.06
Not/acre $99.06


FRESH
$1.30
5000
------------
6,500.00
7,224.72
($724.72)
($724.72)


Crop Budgeting Time-Saver
***************************************************************
** Developed by Timothy D. Hewitt, in cooperation w/FARM Lab. **
************************************************************** *









































































COOPERATIVE EXTENSION SERVICE. UNIVERSITY OF FLORIDA. INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES. G.L.
Zachariah. director, in cooperation with the United States Department of Agriculture. publishes this information to further the purpose of the
May 8 and June 30, 1914 Acts of Congress; and is authorized to provide research, educational information and other services only to
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rates or copies for out-of-state purchasers is available from C.M. Hinton. Publications Distribution Center. IFAS Building 664 University of
Florida, Gainesville. Florida 32611. Before publicizing this publication, editors should contact this address to determine availability.


U4 ....I




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