Idaho Fresh Potato Packing Costs 2020 - 2023

Published online: Jul 06, 2023 Articles
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The Idaho Grower Shippers Association (www.idahoshippers.org/) has released its latest findings on costs related to potato packers in Idaho.

The overall goal of this project is to provide the Idaho potato packing and shipping industry with an unbiased and consistently calculated estimate of the cost of packing potatoes in Idaho, and to track the change in packaging costs per hundredweight over time.

Data was collected from packers with a voluntary online survey. The project was conducted by Eborn Agribusiness LLC and funded by the Idaho Grower Shippers Association.

Idaho Packing Costs

2020-2023 (estimate)

(% change per cwt)

 

                                                            2020-21           2021-22           2022-23e

Operating Costs                                 % change       % change       % change      

Packaging                                            23.6%              19.2%              13.7%

Labor & Management                         17.3%              9.5%                9.0%

Repairs & Shop Supplies                    6.6%                9.6%                12.1%

Chemicals                                            21.1%              22.5%              minus 12.0%

Scoop & Haul                                     7.0%                22.0%              0.8%

Other Operating                                  NA                  NA                  12.2%

Total Operating Costs                       18.2%             15.3%             10.2%

 

Ownership Costs

Overhead                                            NA                  NA                  21.0%

Interest                                                NA                  NA                  66.7%

Depreciation                                        NA                  NA                  41.5%

Total Ownership Costs                     NA                  NA                  30.0%

 

Total Packing Costs                          NA                  NA                  13.6%