Potato News E-zine
02-28-01
brought to you by
Teton Seed Marketing Association
Your one stop shop for seed potatoes
Hello
This issue if for all of us out there still wondering what price we need for our potatoes to make it another year. Gordon Harmon, a subscriber, has sent the following tables and information and I would like to thank him for the input of information. The potato industry is in a transition phase and if we don't all work together, the number of growers will be even fewer. I would like to reiterate a few lines that were on every page Gordon sent:
We're all in this together so don’t be afraid to get a good price for your potatoes, everyone else is and with counts at 50 cents a pound in the grocery stores lets ask the question – What else can you buy for 50 cents a pound?
Remember the price of potatoes is set by the grower. If you sell for $2.00 that sets the price at $2.00 If you won’t sell for less than $5.00 that will set the market at that price.
Don't cut yourselves short, potato growers should get what they need to survive and if we keep shooting ourselves in the foot it is hard to stay with the pack.
TTFN,
Wyatt
Potato Prices and Shipping Information
Upcoming Events
March 6, 2001 PMC Meeting Blackfoot 1:00
March 7-8, 2001 Valley Potato Expo, Alerus Center, Grand Forks, ND. Contact Mike Delisle at (218) 773-1234.
March 15-17, 2001 The National Potato Promotion Board annual meeting, Westin Hotel, Denver, CO. Contact NPPB at (303) 369-7783.
April 22-26, 2001 85th Annual Meeting of the Potato Association of America, World Golf Village Renaissance Resort, St. Augustine, Florida . Contact Shelby Tatlock, Conference Coordinator, University of Florida at mtatlock@gnv.ifas.ufl.edu. Or visit the PAA 2001 website at: www.ifas.ufl.edu/~conferweb/paa/Production Costs Estimating Tables
The following tables are from one of our newsletter readers Gordon Harmon. Gordon has a program that helps predict the production cost of potatoes. The first set of tables are assumed costs for production to get a total per acre and the next tables are the cost of production with the sale price per acre to break even depending on the sacks per acre and the price to sell at for a 12% profit. Please use these tables and if you would like to have the program get in contact with Gordon E-mail - harfarm@pcaxxess.net business phone/fax - 208-238-0997. He says it just takes a disk so if you think it would help your operation, get in contact with him.
We're all in this together so don’t be afraid to get a good price for your potatoes, everyone else is and with counts at 50 cents a pound in the grocery stores lets ask the question – What else can you buy for 50 cents a pound?
Remember the price of potatoes is set by the grower. If you sell for $2.00 that sets the price at $2.00 If you won’t sell for less than $5.00 that will set the market at that price.
|
COMMERCIAL POTATO COST OF PRODUCTION COMPARISON FOR SOUTH CENTERAL IDAHO: RUSSET BURBANK: NO STORAGE COSTS. | |||||
|
2000 |
PROJECTED 2001 |
DOLLAR CHANGE |
PERCENT CHANGE | ||
|
1. |
SEED CUT & TREATED |
$215.25 |
$192.65 |
($22.60) |
(10.50)% |
|
2. |
FERTILIZER |
$159.50 |
$207.35 |
$47.85 |
30.00% |
|
3. |
VAPAM |
$150.00 |
$150.00 |
$0.00 |
0.00% |
|
4. |
PESTICIDES |
$162.96 |
$171.11 |
$8.15 |
5.00% |
|
5. |
CUSTOM & CONSULTANTS |
$55.65 |
$66.85 |
$11.20 |
0.00% |
|
6. |
WATTER ASSESMENT |
$27.00 |
$27.00 |
$0.00 |
0.00% |
|
7. |
CROP INSURANCE |
$34.00 |
$34.00 |
$0.00 |
0.00% |
|
8. |
WATER & POWER |
$74.15 |
$92.89 |
$18.74 |
25.00% |
|
9. |
IRRIGATION REPAIRS |
$15.96 |
$16.76 |
$0.80 |
5.00% |
|
10. |
IRRIGATION LABOR |
$18.88 |
$19.61 |
$0.73 |
5.00% |
|
11. |
MACHINE & NON-MACHINE LABOR |
$128.75 |
$141.62 |
$12.87 |
10.00% |
|
12. |
FUEL & LUBE |
$49.44 |
$59.33 |
$9.89 |
20.00% |
|
13. |
MACHINERY REPAIRS |
$30.33 |
$31.85 |
$1.52 |
5.00% |
|
14. |
ORERATING INTEREST |
$41.52 |
$41.52 |
$0.00 |
0.00% |
|
15. |
EQUIP OWNERSHIP COST |
$195.08 |
$195.08 |
$0.00 |
0.00% |
|
16. |
LAND & IRRIG EQUIP |
$400.00 |
$400.00 |
$0.00 |
0.00% |
|
17. |
OVERHEAD |
$30.85 |
$30.58 |
($0.27) |
0.00% |
|
18. |
MANAGEMENT |
$77.20 |
$77.20 |
$0.00 |
0.00% |
|
TOTAL COST PER ACER |
$1,866.52 |
$1,955.40 |
$88.88 |
4.19% | |
|
ASSUMPTIONS |
|||||
|
1. |
SEED - $7.00 CWT X 23 CUT & TREAT |
= = |
$161.00 +$31.65 |
||
|
$192.65 |
|||||
|
2. |
FERTILIZER - $159.50 + 30% |
= |
$207.35 |
||
|
4. |
PESTICIDES - $162.96 + 5% |
= |
$171.11 |
||
|
8. |
WATER & POWER - $74.15 + 25% |
= |
$92.89 |
||
|
9. |
IRRIG REPAIRS - $15.96 + 5% |
= |
$16.76 |
||
|
10. |
IRRIG LABOR - $18.68 + 5% |
= |
$19.61 |
||
|
11. |
MACHINE HIRE - $128.75 + 10% (FUEL COST INCREASE) |
= |
$141.62 |
||
|
12. |
FUEL & LUBE - $49.44 + 20% |
= |
$59.33 |
||
|
13. |
MACHINERY REPAIRS - $30.33 + 5% |
= |
$31.85 |
||
|
The following are charts of SALES FOR PROFIT in the state of Idaho. | |||||
|
COST PER ACRE |
YIELD PER ACRE |
SALE PRICE PER CWT TO BREAK EVEN |
SALE PRICE PER CWT FOR PROFIT OF 12% | ||
|
$1,500.00 |
150 |
$10.00 |
$11.20 | ||
|
$1,500.00 |
175 |
$8.57 |
$9.60 | ||
|
$1,500.00 |
200 |
$7.50 |
$8.10 | ||
|
$1,500.00 |
225 |
$6.67 |
$7.47 | ||
|
$1,500.00 |
245 |
$6.12 |
$6.86 | ||
|
$1,500.00 |
275 |
$5.45 |
$6.11 | ||
|
$1,500.00 |
290 |
$5.17 |
$5.79 | ||
|
$1,500.00 |
300 |
$5.00 |
$5.60 | ||
|
$1,500.00 |
325 |
$4.62 |
$5.17 | ||
|
$1,500.00 |
350 |
$4.29 |
$4.80 | ||
|
$1,500.00 |
375 |
$4.00 |
$4.48 | ||
|
$1,500.00 |
400 |
$3.75 |
$4.20 | ||
|
$1,500.00 |
425 |
$3.53 |
$3.95 | ||
|
$1,500.00 |
450 |
$3.33 |
$3.73 | ||
|
$1,500.00 |
475 |
$3.16 |
$3.54 | ||
|
$1,500.00 |
500 |
$3.00 |
$3.36 | ||
|
$1,500.00 |
525 |
$2.86 |
$3.20 | ||
|
$1,500.00 |
550 |
$2.73 |
$3.05 | ||
|
COST PER ACRE |
YIELD PER ACRE |
SALE PRICE PER CWT TO BREAK EVEN |
SALE PRICE PER CWT FOR PROFIT OF 12% | ||
|
$1,600.00 |
150 |
$10.67 |
$11.95 | ||
|
$1,600.00 |
175 |
$9.14 |
$10.24 | ||
|
$1,600.00 |
200 |
$8.00 |
$8.96 | ||
|
$1,600.00 |
225 |
$7.11 |
$7.96 | ||
|
$1,600.00 |
245 |
$6.53 |
$7.31 | ||
|
$1,600.00 |
275 |
$5.82 |
$6.52 | ||
|
$1,600.00 |
290 |
$5.52 |
$6.18 | ||
|
$1,600.00 |
300 |
$5.33 |
$5.97 | ||
|
$1,600.00 |
325 |
$4.92 |
$5.51 | ||
|
$1,600.00 |
350 |
$4.57 |
$5.12 | ||
|
$1,600.00 |
375 |
$4.27 |
$4.78 | ||
|
$1,600.00 |
400 |
$4.00 |
$4.48 | ||
|
$1,600.00 |
425 |
$3.76 |
$4.21 | ||
|
$1,600.00 |
450 |
$3.56 |
$3.99 | ||
|
$1,600.00 |
475 |
$3.37 |
$3.77 | ||
|
$1,600.00 |
500 |
$3.20 |
$3.58 | ||
|
$1,600.00 |
525 |
$3.06 |
$3.42 | ||
|
$1,600.00 |
550 |
$2.91 |
$3.26 | ||
|
COST PER ACRE |
YIELD PER ACRE |
SALE PRICE PER CWT TO BREAK EVEN |
SALE PRICE PER CWT FOR PROFIT OF 12% | ||
|
$1,700.00 |
150 |
$11.33 |
$12.69 | ||
|
$1,700.00 |
175 |
$9.71 |
$10.88 | ||
|
$1,700.00 |
200 |
$8.50 |
$9.52 | ||
|
$1,700.00 |
225 |
$7.56 |
$8.47 | ||
|
$1,700.00 |
245 |
$6.94 |
$7.77 | ||
|
$1,700.00 |
275 |
$6.18 |
$6.92 | ||
|
$1,700.00 |
290 |
$5.86 |
$6.56 | ||
|
$1,700.00 |
300 |
$5.67 |
$6.35 | ||
|
$1,700.00 |
325 |
$5.23 |
$5.86 | ||
|
$1,700.00 |
350 |
$4.86 |
$5.44 | ||
|
$1,700.00 |
375 |
$4.53 |
$5.07 | ||
|
$1,700.00 |
400 |
$4.25 |
$4.76 | ||
|
$1,700.00 |
425 |
$4.00 |
$4.48 | ||
|
$1,700.00 |
450 |
$3.78 |
$4.23 | ||
|
$1,700.00 |
475 |
$3.58 |
$4.01 | ||
|
$1,700.00 |
500 |
$3.40 |
$3.81 | ||
|
$1,700.00 |
525 |
$3.24 |
$3.63 | ||
|
$1,700.00 |
550 |
$3.09 |
$3.46 | ||
|
COST PER ACRE |
YIELD PER ACRE |
SALE PRICE PER CWT TO BREAK EVEN |
SALE PRICE PER CWT FOR PROFIT OF 12% | ||
|
$1,866.00 |
150 |
$12.44 |
$13.93 | ||
|
$1,866.00 |
175 |
$10.66 |
$11.94 | ||
|
$1,866.00 |
200 |
$9.33 |
$10.45 | ||
|
$1,866.00 |
225 |
$8.29 |
$9.28 | ||
|
$1,866.00 |
245 |
$7.62 |
$8.53 | ||
|
$1,866.00 |
275 |
$6.79 |
$7.60 | ||
|
$1,866.00 |
290 |
$6.43 |
$7.20 | ||
|
$1,866.00 |
300 |
$6.22 |
$6.97 | ||
|
$1,866.00 |
325 |
$5.74 |
$6.43 | ||
|
$1,866.00 |
350 |
$5.33 |
$5.97 | ||
|
$1,866.00 |
375 |
$4.98 |
$5.58 | ||
|
$1,866.00 |
400 |
$4.67 |
$5.23 | ||
|
$1,866.00 |
425 |
$4.39 |
$4.92 | ||
|
$1,866.00 |
450 |
$4.15 |
$4.65 | ||
|
$1,866.00 |
475 |
$3.93 |
$4.40 | ||
|
$1,866.00 |
500 |
$3.73 |
$4.18 | ||
|
$1,866.00 |
525 |
$3.55 |
$3.98 | ||
|
$1,866.00 |
550 |
$3.39 |
$3.80 |
Potato Prices and Shipping Information
IDAHO FALLS Shipping Point Prices as of 02-JAN-2001 Provided by: Fruit and Vegetable Market News, Federal-State Market News Service, USDA.
http://www.ams.usda.gov/mnreports/IF_FV130.txtPotato Seed shipments.
http://www.ams.usda.gov/mnreports/WA_FV443.txtAMS USDA Market Repots
http://www.ams.usda.gov/fv/mncs/index.htmPotato Stocks
http://usda.mannlib.cornell.edu/reports/nassr/field/ppo-bb/2000 acreage "accepted" for seed potato certification – USA
http://www.rrtrade.org/mcspga/usacres.htm2000 total certified seed acres "accepted" - Canadian Provinces
http://www.rrtrade.org/mcspga/cdnacres.htmThis Potato Ezine is a service of Teton Seed Marketing Association.
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