Table
7A. Income and Cash Operating Cost Summary, Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
Item
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Unit
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
Quantity
INCOME ->
Lint
Pound
679.00
CottonSeed
Ton
0.66
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation Water (excluding labor)
Other Purchased Inputs & Services
Seed/Transplants
Other Services & Rentals
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
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Price
/Unit
Budgeted
/Acre
Total
/Acre
$0.9400
114.6000
$638.26
75.64
$713.90
67.21
35.32
6.66
25.23
164.04
41.07
92.71
30.26
44.83
19.41
25.42
132.00
16.56
7.56
9.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Chemicals & Custom Applications
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
Cotton Ginning
Crop Assessments
Other Materials
26
_________
424.64
7.52
4.02
3.50
32.04
32.04
33.48
5.10
28.38
2.05
79.88
9.02
0.70
__________
164.69
15.07
13.52
==========
$617.91
$95.99
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
============
____________
____________
7B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/14
Table
7B. Allocation of Ownership Costs; Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.9400/Lb + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
27
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$713.90
|
617.91
$95.98
|
$95.98
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
7.88
|
7.88
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
30.89
|
30.89
General Farm Maint. ( 3% of Tot. Oper. Exp.)
18.54
|
18.54
________
|
__________
Total Cash Overhead Expenses
57.31
|
57.31
|
Total Cash Oper. & Over. Cost
675.22
|
675.22
RETURNS OVER CASH OPER. & OVER. EXPENSES.
38.67
|
38.67
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
52.41
Interest on Equity, Machinery & Vehicles
|
23.13
|
__________
Total Capital Allocations
|
75.54
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ————————————————————————————>
38.67
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>(
36.87)
_________
|
_________
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 ——————————————————————————————————>
25.90
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
82.03)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
49.43
________
|
__________
TOTAL OWNERSHIP COST
70.08
|
227.45
========
|
==========
TOTAL COST
$687.99
|
$845.37
RETURN TO MANAGEMENT, CAPITAL & RISK ———————————————————————————————————> $25.90
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————> $131.47)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$713.90
617.91
Lb)
$0.7986
$0.1032
$0.9018
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/14
$0.7986
$0.3349
$1.1336
Table
7C. Variable Operating Costs; Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Mar
Apr
Apr
Apr
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Aug
Aug
Oct
Oct
Oct
Oct
Oct
* NOTES:
Page
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Operation
Rip
Plow
Landplane
Disk
Apply Herbicide/Ground
List
Disk Ends
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Cultivate
Hand Weeding
Soil Fertility
Field Scouting
Irrigate/Run Fertilizer
Irrigate
Apply Insect./Ground
Apply Insect./Ground
Apply Herbicide/Ground
Apply Insecticide/Air
Apply Insecticide/Air
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Haul, Custom
0.1 Mu
Cotton Ginning
20.0 Cs
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
0.360
0.400
0.257
0.225
0.150
0.180
0.011
0.022
0.300
0.225
0.129
0.300
0.164
0.090
0.090
0.225
0.450
0.250
0.400
0.444
0.286
0.250
0.167
0.200
0.013
0.025
0.900
0.333
0.250
0.143
0.333
0.182
2.000
0.450
0.450
0.100
0.100
0.250
0.500
0.278
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4.31
6.47
3.18
3.21
1.92
2.36
0.16
0.12
4.63
2.65
1.40
2.05
1.12
3.36
3.73
2.41
2.10
1.40
1.68
0.11
0.21
6.31
2.80
2.10
1.20
2.80
1.53
13.32
13.79
33.00
7.56
3.00
6.00
0.83
0.83
3.40
3.15
3.15
0.84
0.84
2.10
6.00
6.00
8.32
30.19
16.50
1.90
1.47
16.47
14.43
10.75
23.72
28.10
3.11
3.50
2.34
0.70
79.88
7.67
10.20
5.59
5.31
17.11
4.04
0.27
0.33
39.31
7.43
12.31
2.60
4.85
2.65
13.32
3.00
6.00
33.34
19.65
3.57
3.14
21.97
20.43
16.75
32.04
31.60
6.15
0.00
79.88
28
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Times
0.5
1.0
1.0
1.0
1.0
1.0
5.0
4.0
1.0
1.0
1.0
1.0
1.0
3.0
0.5
1.0
1.0
3.0
3.0
2.0
1.0
1.0
1.0
4.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
3.83
10.20
5.59
5.31
17.11
4.04
1.34
1.32
39.31
7.43
12.31
2.60
4.85
7.94
6.66
3.00
6.00
100.02
58.95
7.15
3.14
21.97
20.43
67.00
32.04
31.60
6.15
0.00
79.88
See next page for notes.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/14
L
L
L
L
G
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
P
Table
7C. Variable Operating Costs; Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
First
No. Month
30
31
32
33
Dec
Dec
Dec
Dec
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Operation
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Cotton Classing
1.4 Ba
Crop Assessment
1.4 Ba
Cut Stalks
Disk Residue
Pickup Use 60 Mi/Ac
Operating Interest at 9.00%
0.180
0.300
2.000
|
|
0.200 |
0.333 |
2.05
9.02
2.28
4.28
15.06
2.05
9.02
3.96
7.08
1.68
2.80
12.71
TOTAL CASH OPERATING EXPENSES:
$93.38
$74.69
$150.98
$298.01
29
Times
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
2.05
9.02
3.96
7.08
15.06
12.71
________
$617.05
M
M
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)
$55.80
Growing (G)
368.78
Harvest (H)
69.78
Post Harvest (P)
83.83
Marketing (M)
11.06
Operating Overhead (O)
27.77
—————
Total (T)
$617.05
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.70
$0.84
$0.94
$1.03
$1.17
Break-even
|———————————————————————————————————————————————————————————————
-25%
509.2
|
-216.86
-145.05
-97.18
-49.31
22.48
1.13
-10%
611.1
|
-169.76
-83.59
-26.15
31.29
117.45
0.98
Budgeted
679.0
|
-138.35
-42.62
21.20
85.03
180.77
0.90
+10%
746.9
|
-106.95
-1.64
68.56
138.77
244.08
0.84
+25%
848.7
|
-59.85
59.81
139.59
219.38
339.05
0.77
Break-even Yield
|
978.18
749.62
648.59
571.56
485.13
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/14
Table
7D. Resource and Cash Flow Requirements; Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Total
Labor (Hrs)
|
|
|
JAN C
0.3
3.6
FEB C
0.7
8.4
MAR C
APR C
MAY C
JUN C
2.0
12.0
JUL C
1.0
6.0
AUG C
2.0
12.0
SEP C
1.0
6.0
OCT C
NOV C
DEC C
JAN N
Pickup Use 60 Mi/Ac
Operating Interest at 9.0%
1.78
0.69
0.21
0.85
0.18
2.42
0.92
0.92
0.45
0.09
0.38
0.68
0.15
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
%
9.77
Month *
Number
Irrig.
7.0
Water
Applied
(Inches)
48.0
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
9.90
23.10
33.00
16.50
33.00
16.50
18.83
0.74
2.94
7.95
1.12
3.89
4.79
0.12
14.65
4.98
1.79
7.23
1.53
17.34
7.11
6.52
3.15
0.69
2.92
5.47
1.34
3.28
15.60
17.07
1.97
15.06
132.00
21.39
93.38
15.13
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
28.4
Regular Gas
0.0
NonLead Gas
6.0
All Direct Energy
4.7
2.58
0.26
0.18
0.30
0.79
0.45
0.18
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
V-Ripper, 5 Shnk
Offset Disk, 13.5'
Tractor, 70 PTO HP, MFWD
Planter, 6 Row
Saddle Tk Sprayer, 2 Tk 8 Row
Tractor, 80 PTO HP, MFWD
Pickup Truck, 1/2 Ton
MATERIALS REQUIREMENTS(/Acre)
Prometryn
Pima Cotton Sd + Fung
Chlorpyrifos
Acephate
Thidiazuron
5.00
12.00
0.25
0.50
0.40
Pt
Lb
Pt
Lb
Lb
Trifluralin
32-00-00, URAN 32, Lqd
Cyanazine
Lambdacyhalothrin
Endothall
* NOTE:
P = Previous Year
4.68 Hrs
0.50 Hrs
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Irrigators
C = Current Year
N = Next Year
13.79
12.71
57.18
28.83
4.73
22.74
2.65
76.20
64.56
107.27
53.16
44.07
58.81
65.85
3.31
15.06
12.71
150.97
24.46
617.12
100.00
7.56
18.96
30.16
49.63
21.51
23.72
74.74
12.11
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Landplane 12’X 45'
Lister, 7 Bottom
Power Mulcher, 6 Rw
Rolling Cultivator, 6 Rw
Cotton Picker, 4 Row
Rotary Stalk Cutter, 4 Row
LABOR REQUIREMENTS(/Acre)
Tractor
Harvest
30
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
|
|
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
122.1 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
9.7 Hrs
Total Water
48.0 AI
Page
157.77
25.57
0.07
0.35
0.28
8.26
1.33
3.00
6.00
18.00
12.00
16.31
39.94
43.02
Gal
Gal
Gal
M BTU
0.18
0.58
1.38
0.23
0.50
0.25
2.00
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Moldboard Plow, 5-16 2 Way
Directed Spray Rig, 16 Row
Rowbuck, 10'
Section Harrow, 3 Section
Cultivator, Sweep, 6 Rw
Module Builder
1.00
34.50
1.00
12.80
1.00
Pt
Ga
Qt
Oz
Pt
Water, District
3.60 Hrs
Endosulfan
Acephate
Module Tarps
0.40
0.42
0.09
0.13
0.23
0.25
48.00
1.00
2.00
2.00
13.33
Hand Weeders
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
AI
Pt
Pt
Lb
CW
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/14
1.00 Hrs
Table
7E. Schedule of Operations; Pima (ELS) Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Pima
AREA:
Marana
First
No. Month Times
FARM: Pima County Farm
ACRES:
1.0
YIELD:
679.0 Lb/Acre
Page
Operation
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Pima
1
2
3
4
5
Jan
Jan
Jan
Jan
Jan
0.5
1.0
1.0
1.0
1.0
6
7
8
Jan
Jan
Jan
1.0 List
5.0 Disk Ends
4.0 Buck Rows
9
10
11
12
13
14
15
16
17
18
Jan
Mar
Apr
Apr
Apr
Jun
Jun
Jun
Jun
Jun
1.0
1.0
1.0
1.0
1.0
3.0
0.5
1.0
1.0
3.0
19
20
Jun
Jun
3.0 Irrigate
2.0 Apply Insect./Ground
21
Jun
22
Jul
23
Aug
70 Saddle Tk Sprayer, 2 Tk
Directed Spray Rig, 16
1.0 Apply Insect./Ground 70 Saddle Tk Sprayer, 2 Tk
Directed Spray Rig, 16
1.0 Apply Herbicide/Groun150 Cultivator, Sweep, 6 Rw
Saddle Tk Sprayer, 2 Tk
1.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
24
Aug
4.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
25
Oct
1.0 Apply Defoliant/Air
CST Air Spray, 5 Gal Mi
26
27
28
29
30
31
32
33
Oct
Oct
Oct
Oct
Dec
Dec
Dec
Dec
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
* NOTE:
Rip
150
Plow
150
Landplane
150
Disk
150
Apply Herbicide/Groun150
V-Ripper, 5 Shnk
Moldboard Plow, 5-16 2
Landplane 12’X 45'
Offset Disk, 13.5'
Directed Spray Rig, 16
Job Rate
Acres/Hr
150 Lister, 7 Bottom
150 Offset Disk, 13.5'
70 Rowbuck, 10'
Preirrigate
Mulch
150
Plant
70
Remove Cap
150
Cultivate
70
Cultivate
70
Hand Weeding
Soil Fertility
Field Scouting
Irrigate/Run Fertiliz
Power Mulcher, 6 Rw
Planter, 6 Row
Section Harrow, 3 Secti
Rolling Cultivator, 6 R
Rolling Cultivator, 6 R
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
2.50
2.25
3.50
4.00
6.00 Prometryn
Trifluralin
5.00
80.00
40.00
2.50 Pt
1.00 Pt
1.11 Water, District
12.00 AI
3.00
4.00 Pima Cotton Sd + F 12.00 Lb
7.00
3.00
5.50
0.50
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
30.00 Ga
30.06 Ga
Tractor
Tractor
Tractor
Other
Irrigator
Tractor
Tractor
Tractor
Tractor
Tractor
Hand Weed
33.00 AF
60.00 CW
CST Soil Analysis (Surf
CST Scout For Insects
Cotton, First Pick
Cotton Picker, 4 Row
Cotton, Make Modules 80 Module Builder
Haul, Custom
CST Haul Cotton Modules
Cotton Ginning
CST Gin Pima Cotton
Cotton Classing
CST Class Cotton, HVI
Crop Assessment
CST Pima (Low Elev)
Cut Stalks
150 Rotary Stalk Cutter, 4
Disk Residue
150 Offset Disk, 13.5'
Pickup Use 60 Mi/Ac
Pickup Truck, 1/2 Ton
31
3.00 Ac
6.00 Ac
2.22 Water, District
6.00 AI 33.00 AF
32-00-00, URAN 32, 11.50 Ga 205.00 Tn
2.22 Water, District
6.00 AI 33.00 AF
10.00
0.50 Pt 28.93 Ga
Irrigator
10.00 Chlorpyrifos
44.73 Ga
Tractor
Pt 30.00 Ga
Qt 25.26 Ga
Pt 36.50 Ga
Lb
9.23 Lb
Oz 234.04 Ga
Lb
8.78 Lb
Lb 50.21 Lb
Pt 20.05 Ga
Tractor
0.25 Pt
4.00 Prometryn
Cyanazine
Endosulfan
Acephate
Lambdacyhalothrin
Acephate
Thidiazuron
Endothall
2.00
3.60 Module Tarps
2.50
1.00
2.00
0.50
3.20
0.50
0.40
1.00
13.33 CW
Irrigator
Tractor
6.00 Ac
6.00 Ac
8.32 Ac
Harvest
Tractor
0.05 CW
0.00
4.00
1.50
6.60
5.00
3.00
0.50
Mu
Cs
Ba
Ba
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 7/14