Table
9A. Income and Cash Operating Cost Summary, Grain Sorghum, 1996
COUNTY: Pima
CROP:
Sorghum(Milo), Grain
AREA:
Marana
FARM: Pima County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Item
INCOME ->
Grain
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
37
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Pound
3,600.00
$0.0682
$245.52
$245.52
____________
27.03
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation Water (excluding labor)
Other Purchased Inputs & Services
Seed/Transplants
14.06
12.97
46.45
35.71
10.74
16.92
7.19
9.73
82.50
11.34
11.34
_________
184.25
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
9.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
Notes: The above figures do not include ownership costs, see Table
1.79
Your Farm
Budget
____________
44.70
_________
48.92
____________
____________
____________
____________
____________
____________
____________
____________
7.53
3.78
==========
$244.49
$1.03
____________
____________
============
____________
____________
1.79
2.43
1.22
1.21
9B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/20
Table
9B. Allocation of Ownership Costs; Grain Sorghum, 1996
COUNTY: Pima
CROP:
Sorghum(Milo), Grain
AREA:
Marana
FARM: Pima County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0682/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
38
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$245.52
|
244.48
$1.03
|
$1.03
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
2.19
|
2.19
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
12.22
|
12.22
General Farm Maint. ( 3% of Tot. Oper. Exp.)
7.33
|
7.33
________
|
________
Total Cash Overhead Expenses
21.74
|
21.74
|
Total Cash Oper. & Over. Cost
266.23
|
266.23
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
20.71)
|
(
20.71)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
12.25
Interest on Equity, Machinery & Vehicles
|
5.96
|
________
Total Capital Allocations
|
18.21
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ——————————————————————————>(
20.71)
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>(
38.92)
__________
|
__________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($540 X 16% X .14778)
12.76
|
12.76
Opport. Inter. on Land (100% X 6.0% X $540)
|
32.40
—————
|
—————
Total Land Costs
12.76
|
45.16
RETURNS TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>(
33.47)
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
84.09)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
19.55
__________
|
_________
TOTAL OWNERSHIP COST
34.51
|
104.68
==========
|
=========
TOTAL COST
$278.99
|
$349.17
RETURN TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>( $33.47)
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>( $103.65)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$245.52
244.48
Lb)
$0.0679
$0.0095
$0.0774
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/20
$0.0679
$0.0290
$0.0969
Table
9C. Variable Operating Costs; Grain Sorghum, 1996
COUNTY: Pima
CROP:
Sorghum(Milo), Grain
AREA:
Marana
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Oct
Oct
Oct
Nov
Dec
Page
FARM: Pima County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Operation
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Disk
List
Plant
Disk Ends
Buck Rows
Apply Herbicide/Ground
Irrigate
Cultivate
Irrigate/Run Fertilizer
Prepare Ends
Combine Harvest
Haul, Custom
50.0 CW
Cut Stalks
Disk Residue
Pickup Use 30 Mi/Ac
Operating Interest at 9.00%
0.225
0.180
0.225
0.022
0.022
0.113
0.164
0.011
0.180
0.300
1.000
0.250
0.200
0.250
0.025
0.050
0.125
0.294
0.182
0.300
0.013
|
|
|
|
|
|
|
|
|
|
|
|
0.200 |
0.333 |
3.21
2.36
2.65
0.31
0.09
0.96
1.12
0.16
2.10
1.68
2.10
0.21
0.39
1.05
2.06
1.53
2.10
0.11
11.34
10.74
13.75
31.60
32.20
12.50
2.28
4.28
7.53
1.68
2.80
3.78
TOTAL CASH OPERATING EXPENSES:
$26.88
$28.82
$48.48
$140.28
5.31
4.04
16.09
0.52
0.48
12.75
15.81
2.65
33.70
0.27
32.20
12.50
3.96
7.08
39
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Times
1.0
1.0
1.0
3.0
3.0
1.0
4.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
5.31
4.04
16.09
1.57
1.44
12.75
63.24
5.30
67.40
0.27
32.20
12.50
3.96
7.08
7.53
3.78
_______
$244.46
L
L
L
G
G
G
G
G
G
H
H
H
P
L
O
O
T
* NOTES: Machine and labor hours and operating cost are for one time over the designated acreage. The ‘Tot. Cash Expense’
column and the ‘TOTAL CASH OPERATING EXPENSES:’ row include all operations, all times over. Classes are defined below.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$32.53
Growing (G)
151.69
Harvest (H)
44.96
Post Harvest (P)
3.95
Marketing (M)
0.00
Operating Overhead (O)
11.31
—————
Total (T)
$244.46
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.05
$0.06
$0.06
$0.07
$0.08
Break-even
|———————————————————————————————————————————————————————————————
-25%
2,700.0
|
-94.12
-66.50
-48.09
-29.68
-2.05
0.08
-10%
3,240.0
|
-73.84
-40.70
-18.60
3.49
36.63
0.07
Budgeted 3,600.0
|
-60.32
-23.49
1.05
25.60
62.43
0.06
+10%
3,960.0
|
-46.80
-6.29
20.71
47.72
88.23
0.06
+25%
4,500.0
|
-26.52
19.51
50.20
80.89
126.92
0.05
Break-even Yield
| 5,206.08 4,091.66 3,580.68 3,183.15 2,728.73
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/20
Table
9D. Resource and Cash Flow Requirements; Grain Sorghum, 1996
COUNTY: Pima
CROP:
Sorghum(Milo), Grain
AREA:
Marana
Total
Labor (Hrs)
|
|
|
JUN C
1.0
5.0
JUL C
2.0
10.0
AUG C
2.0
10.0
SEP C
1.0
5.0
OCT C
NOV C
DEC C
Pickup Use 30 Mi/Ac
Operating Interest at 9.0%
1.19
1.03
0.66
0.29
0.01
0.10
0.43
|
|
|
|
|
|
|
Total
%
3.73
Month *
Number
Irrig.
6.0
Water
Applied
(Inches)
FARM: Pima County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
30.0
MATERIALS REQUIREMENTS(/Acre)
Grain Sorghum Sd
32-00-00, URAN 32, Lqd
LABOR REQUIREMENTS(/Acre)
Tractor
* NOTE:
P = Previous Year
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
13.75
27.50
27.50
13.75
9.59
2.64
0.40
0.16
1.14
5.42
7.53
|
|
82.50
35.90
26.88
11.70
9.59
7.82
4.76
2.06
0.11
0.84
3.64
All Direct Energy
Hrs
Hrs
Hrs
Hrs
10.74
17.85
17.85
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
1.7
46.44
20.21
Bromoxynil
1.50 Pt
Irrigators
1.85 Hrs
C = Current Year
11.34
4.93
33.78
14.70
229.77
100.00
M BTU
0.60
0.23
0.11
0.18
1.89 Hrs
3.78
55.01
55.81
50.51
15.81
15.27
16.98
9.06
7.53
3.78
Gal
Gal
Gal
Offset Disk, 13.5'
Planter, 6 Row
Tractor, 100 PTO HP, MFWD
Rotary Stalk Cutter, 4 Row
12.00 Lb
30.00 Ga
11.34
15.00
15.00
28.82
12.54
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
9.7
Regular Gas
0.0
NonLead Gas
3.0
0.96
0.55
0.07
0.33
40
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
106.2 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
3.7 Hrs
Total Water
30.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Tractor, 70 PTO HP, MFWD
Rowbuck, 10'
Rolling Cultivator, 6 Rw
Page
Hrs
Hrs
Hrs
Hrs
Lister, 7 Bottom
Tractor, 50 PTO HP, MFWD
Directed Spray Rig, 8 Row
Pickup Truck, 1/2 Ton
Water, District
0.18
0.07
0.11
1.00
Hrs
Hrs
Hrs
Hrs
30.00 AI
N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/20
Table
9E.
Schedule of Operations; Grain Sorghum, 1996
COUNTY: Pima
CROP:
Sorghum(Milo), Grain
AREA:
Marana
First
No. Month Times
Operation
Page
FARM: Pima County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
1
2
3
4
5
Jun
Jun
Jun
Jun
Jun
1.0
1.0
1.0
3.0
3.0
Disk
List
Plant
Disk Ends
Buck Rows
6
7
8
9
Jun
Jun
Jul
Jul
1.0
4.0
2.0
2.0
Apply Herbicide/Groun100 Directed Spray Rig, 8
Irrigate
Cultivate
70 Rolling Cultivator, 6 R
Irrigate/Run Fertiliz
10
11
12
13
14
Oct
Oct
Oct
Nov
Dec
1.0
1.0
1.0
1.0
1.0
Prepare Ends
150 Offset Disk, 13.5'
Combine Harvest
CST Combine Grain Sorgh
Haul, Custom
CST Haul Grain
Cut Stalks
150 Rotary Stalk Cutter, 4
Disk Residue
150 Offset Disk, 13.5'
Pickup Use 30 Mi/Ac
Pickup Truck, 1/2 Ton
* NOTE:
150
150
70
150
50
Offset Disk, 13.5'
Lister, 7 Bottom
Planter, 6 Row
Offset Disk, 13.5'
Rowbuck, 10'
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
4.00
5.00
4.00 Grain Sorghum Sd
40.00
40.00
12.00 Lb
8.00 Bromoxynil
1.50
3.40 Water, District
5.00
5.50
3.33 Water, District
5.00
32-00-00, URAN 32, 15.00
80.00
41
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Tractor
Irrigator
Tractor
Irrigator
90.00 CW
Pt
AI
54.57 Ga
33.00 AF
AI
Ga
33.00 AF
205.00 Tn
Labor
Type
Tractor
17.50 Ac
0.25 CW
5.00
3.00
1.00
Tractor
Tractor
Machine times, labor times, and material rates are for one time over the designated acreage.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/20