Pumpkin Production R. Allen Straw Area Specialist SW VA AREC Virginia Cooperative Extension Pumpkin Production Economics Irrigation Marketing No-Till Considerations Variety Selection Disease control pH Insect Control Fertility Weed Control Planting Date(s) Wildlife Control Plant Spacing Harvesting Pollination Post-Harvest Handling Production Costs Variable Costs $920 – Seed 1,500 $50/M $75 – Fertilizer-100-100-100 $750/ton $375 – Lime 1 ton $20/ton $20 – Hive Rental 1 hive $50/hive $50 – Equipment $150 Production Costs (cont.) Variable Costs (cont.) – Herbicides $75 Roundup Weathermax @ 1 qt/A $15 Command 4EC @ 1 pint/A $14 Curbit 3EC @ 2 qt/A $19 Gramoxone Max @ 1 pint/A $10 80-20 Surfactant @ 0.25% v/v <$1 Select 2EC @ 8 fl oz/A $12 COC @ 1% v/v $4 Production Costs (cont.) Variable Costs (cont.) – Fungicides $116 Cabrio @ 12 oz/A (4 appl.) $68 Bravo @ 1 qt/A (4 appl.) $48 Insecticides $164 Admire 2F @ 1 pt/A $72 Asana XL @ 9.6 fl oz/A (4 appl.) $29 Thiodan 3EC @ 1 qt/A (4 appl.) $35 Lannate LV @ 1 qt/A (2 appl.) $28 Production Costs (cont.) Labor 100 hr/A $9/hr $900 Land 1 A $75/A $75 Fixed Costs $300 – Equipment $300 Interest $100 – Short Term @ 7% $25 – Long Term @ 8% $75 Total Costs $2,500 Pumpkin Economics – Past ($/lb) Yield / 20,000 22,500 25,000 27,500 30,000 Price 0.08 1,600 1,800 2,000 2,200 2,400 0.09 1,800 2,025 2,250 2,475 2,700 0.10 2,000 2,250 2,500 2,750 3,000 0.11 2,200 2,475 2,750 3,025 3,300 0.12 2,400 2,700 3,000 3,300 3,600 Pumpkin Economics – Present ($/pumpkin) Yield / 1,000 1,100 1,200 1,300 1,400 Price 1.00 1,000 1,100 1,200 1,300 1,400 1.25 1,250 1,375 1,500 1,625 1,750 1.50 1,500 1,650 1,800 1,950 2,100 1.75 1,750 1,925 2,100 2,275 2,450 2.00 2,000 2,200 2,400 2,600 2,800 Break Even Prices / Production Given a price of: Given production of: – $1.50 / pumpkin – 1,500 pumpkins/A – $1.75 / pumpkin – 1,750 pumpkins/A – $2.00 / pumpkin – 2,000 pumpkins/A To break even you To break even you need to produce: need to receive: – 1,693 pumpkins/A – $1.69 / pumpkin – 1,451 pumpkins/A – $1.45 / pumpkin – 1,270 pumpkins/A – $1.27 / pumpkin Marketing Considerations Wholesale Retail – Advantages – Advantages Large volume Higher price Greater acreage – Disadvantages Greater efficiency Less volume Economy of scale – Less acreage lower production Less efficient costs Higher production – Disadvantages costs Lower price Direct Sales to Chain Stores
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