Proso Millet
Cost-Return Budget
Estimated Returns per Acre
Estimated Yield/Acre (lbs.) 1,500
Price (per pound) $ 0.090
Freight cost (per pound) $ 0.010
Net price (per pound) $ 0.080
Estimated Total Returns/Acre       $ 120.00
Estimated Operating Costs/Acre
Seed $ 7.00
Fertilizer $ 15.00
Crop Chemicals $ 5.00
Insecticide $ 5.00
Machinery fuel, oil, repair $ 15.22
Machinery hire and services $ 8.00
Labor $ 19.10
Misc. $ 4.00
Operating interest (9% for 6 months) $ 3.52
Total Operating Costs/Acre $ 81.84
Estimated Ownership Cost/Acre
Machinery depreciation $ 19.00
Real estate taxes, depreciation, and interest (or rent)
Total Ownership Costs/Acre $ 19.00
Estimated Total Costs/Acre $ 100.84
Estimated Production Costs/Acre Excluding Land Charges $ 100.84
Net Return over Operating and Machinery Costs,   $ 19.16
Excluding Land Charges (per acre)      
Note: Fertilizer costs were based on 23¢ per pound nitrogen (prior to recent price increases)