Table 12A. Income and Cash Operating Cost Summary, Edible Dry Beans (CP), 1996
COUNTY: Cochise
CROP:
Beans, Pinto
AREA:
Stewart
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
18.8 CW/Acre
Item
INCOME ->
Unit
Beans
Hundred Lbs
Page
WATER SOURCE:
StewNG
IRRIGATION SYSTEM: Center Pivot w/
PREVIOUS CROP:
Wheat, Durum
Quantity
18.80
Price
/Unit
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Herbicides
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Pump Energy - Elect.
Natural Gas/Pumping
Repairs & Maint.
$22.9200
Other Purchased Inputs & Services
Seed/Transplants
Other Services & Rentals
Budgeted
/Acre
$430.90
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
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
8.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/25/96
Total
/Acre
Your Farm
Budget
$430.90
____________
12.43
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
11.91
0.52
95.31
43.69
17.90
33.72
17.75
7.09
10.66
127.30
24.77
79.34
23.18
44.90
41.90
3.00
__________
297.67
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
49
9.81
____________
____________
____________
____________
192.70
__________
225.49
____________
____________
____________
____________
____________
____________
____________
____________
____________
2.64
2.85
==========
$528.65
(
$97.75)
____________
____________
============
____________
____________
4.20
5.61
22.98
6.07
16.91
Notes: The above figures do not include ownership costs, see Table 12B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/35
Table 12B. Allocation of Ownership Costs; Edible Dry Beans (CP), 1996
COUNTY: Cochise
CROP:
Beans, Pinto
AREA:
Stewart
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
18.8 CW/Acre
Page
WATER SOURCE:
StewNG
IRRIGATION SYSTEM: Center Pivot w/
PREVIOUS CROP:
Wheat, Durum
— CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $ 22.9200/CW
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
50
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/25/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$430.90
|
528.65
(
$97.75)
|
(
$97.75)
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
5.91
|
5.91
Wells & Irrig. System
11.23
|
11.23
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
26.43
|
26.43
General Farm Maint. ( 3% of Tot. Oper. Exp.)
15.86
|
15.86
________
|
________
Total Cash Overhead Expenses
59.43
|
59.43
|
Total Cash Oper. & Over. Cost
588.08
|
588.08
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
157.18)
|
(
157.18)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
40.93
Wells & Irrig. System
|
43.05
Interest on Equity, Machinery & Vehicles
|
16.11
Wells & Irrig. System
|
33.07
|
________
Total Capital Allocations
|
133.15
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>(
157.18)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
290.34)
___________
|
____________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($260 X 16% X .14112)
2.93
|
2.93
Opport. Inter. on Land (100% X 6.0% X $260)
|
7.80
—————
|
—————
Total Land Costs
2.93
|
10.73
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>(
160.12)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
301.07)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
42.29
________
|
________
TOTAL OWNERSHIP COST
62.36
|
245.61
========
|
========
TOTAL COST
$591.02
|
$774.27
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————>(
$160.12)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>(
$343.37)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$430.90
528.65
CW)
$28.11
$3.31
$31.43
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/35
$28.11
$13.06
$41.18
Table 12C. Variable Operating Costs; Edible Dry Beans (CP), 1996
COUNTY: Cochise
CROP:
Beans, Pinto
AREA:
Stewart
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Jul
Jul
Jul
Jul
Aug
Jul
Aug
Aug
Aug
Oct
Oct
Oct
Oct
Oct
Nov
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
18.8 CW/Acre
Page
WATER SOURCE:
StewNG
IRRIGATION SYSTEM: Center Pivot w/
PREVIOUS CROP:
Wheat, Durum
—— Hours * —— |
—————— Operating Costs ($/Acre*) ——————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials Total
Operation
Irrigate
Disk
Plant
Irrigate/Run Herbicide
Cultivate
Soil Fertility
Irrigate/Run Fertilizer
Irrigate
Apply Fungicide/Air
Dig
Windrow
Combine Harvest
Haul
40 MI
Cleaning
18.8 CW
Disk Residue
Pickup Use 10 Mi/Ac
Operating Interest at 8.00%
0.300
0.225
0.225
0.002
0.333
0.250
0.002
0.250
0.002
0.002
0.225
0.225
0.720
0.225
0.330
0.250
0.250
0.800
0.250
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.44
4.16
3.64
3.44
2.66
0.01
2.80
2.10
0.01
2.10
3.44
3.44
0.01
0.01
2.83
2.44
17.71
2.10
2.10
5.61
64.16
17.90
3.00
4.29
6.00
10.86
117.50
75.20
3.12
2.64
2.10
4.09
TOTAL CASH OPERATING EXPENSES:
$170.68
$22.08
$211.79
$125.23
3.45
6.96
69.90
21.35
4.76
3.00
7.74
3.45
16.86
4.93
4.54
23.32
117.50
75.20
5.22
51
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/25/96
Times
1.0
2.0
1.0
1.0
1.0
1.0
5.0
30.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense
3.45
13.92
69.90
21.35
4.76
3.00
38.70
103.53
33.72
4.93
4.54
23.32
117.50
75.20
5.22
2.64
4.09
_______
$529.78
Class
G
L
L
G
G
G
G
G
G
H
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)
$89.04
Growing (G)
208.51
Harvest (H)
150.28
Post Harvest (P)
75.20
Marketing (M)
0.00
Operating Overhead (O)
6.73
—————
Total (T)
$529.77
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
———————————————————————————————————————————————————————————————————————————————————
Yields
|
$17.19
$20.62
$22.92
$25.21
$28.65 Break-even
|——————————————————————————————————————————————————————————————
-25%
14.1
|
-231.02
-182.55
-150.23
-117.91
-69.44
33.57
-10%
16.9
|
-216.37
-158.20
-119.42
-80.64
-22.47
29.97
Budgeted
18.8
|
-206.60
-141.97
-98.88
-55.79
8.84
28.17
+10%
20.6
|
-196.83
-125.74
-78.34
-30.94
40.15
26.70
+25%
23.5
|
-182.18
-101.39
-47.53
6.33
87.12
24.94
Break-even Yield
|
58.56
35.24
27.85
23.02
18.26
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/35
Table 12D. Resource and Cash Flow Requirements; Edible Dry Beans (CP), 1996
COUNTY: Cochise
CROP:
Beans, Pinto
AREA:
Stewart
Month *
Number
Irrig.
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
18.8 CW/Acre
Water
Applied
(Inches)
Total
Labor (Hrs)
JUL C
2.0
1.8
AUG C
18.0
16.2
SEP C
17.0
15.3
OCT C
NOV C
Pickup Use 10 Mi/Ac
Operating Interest at 8.0%
0.92
0.28
0.03
1.30
0.25
Total
%
2.79
37.0
33.3
|
|
|
|
|
MATERIALS REQUIREMENTS(/Acre)
Water, Pump
EPTC
Chlorothalonil
LABOR REQUIREMENTS(/Acre)
Irrigators
* NOTE:
P = Previous Year
Labor
Dbl. Offset Disk, 16'
Bean Knife Rig - 3 Pt/8 Row
Combine Pickup Regular Head
0.07 Hrs
Pinto Bean Sd
Trifluralin
C = Current Year
Tractor
40.16
23.72
19.43
22.24
4.19
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
14.6
Regular Gas
0.0
NonLead Gas
1.0
Electricity/Pumping
307.5
Natural Gas/Pumping
208.0
All Direct Energy
24.0
33.30 AI
3.50 Pt
4.00 Pt
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/25/96
——————————————————————————
Other
Purchases
Services
Total
Chemicals
7.73
2.35
0.24
9.81
2.10
170.68
32.20
1.73 Hrs
0.23 Hrs
0.72 Hrs
52
Operating Cost ($/Acre)
18.84
64.60
58.49
22.98
3.12
2.64
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
93.4 lbs
Total P
75.9 lbs
Total K
0.0 lbs
Total Labor
2.7 Hrs
Total Water
33.3 AI
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 125 PTO HP, MFWD
Cultivator, Sweep, 6 Rw
Combine, Sm. Gr., PL20, 190 Bu
WATER SOURCE:
StewNG
IRRIGATION SYSTEM: Center Pivot w/
PREVIOUS CROP:
Wheat, Durum
—————————————————————————
Purchased
Fuel, Oil
Water
& Repairs
|
|
|
|
|
Page
83.31
15.72
41.90
41.90
7.90
3.00
6.00
6.00
192.70
4.08
111.63
96.67
84.16
225.49
5.22
2.64
4.08
211.78
39.96
529.90
100.00
Gal
Gal
Gal
KWH
Therms
M BTU
0.83 Hrs
0.23 Hrs
0.72 Hrs
70.00 Lb
1.50 Pt
1.92 Hrs
Planter, 6 Row
Bean Rod/Windrower 10 Row
Pickup Truck, 1/2 Ton
18-46-00, Dry
32-00-00, URAN 32, Lqd
0.23 Hrs
0.23 Hrs
0.33 Hrs
165.00 Lb
18.00 Ga
Harvest
N = Next Year
0.80 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/35
Table 12E
Schedule of Operations; Edible Dry Beans (CP), 1996
COUNTY: Cochise
CROP:
Beans, Pinto
AREA:
Stewart
First
No. Month Times
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
18.8 CW/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
1
2
3
Jul
Jul
Jul
1.0 Irrigate
2.0 Disk
1.0 Plant
4
Jul
1.0 Irrigate/Run Herbicid
5
6
7
Aug
Jul
Aug
1.0 Cultivate
125 Cultivator, Sweep, 6 Rw
1.0 Soil Fertility
CST Soil Analysis (Surf
5.0 Irrigate/Run Fertiliz
8
9
10
11
12
13
14
15
Aug
Aug
Oct
Oct
Oct
Oct
Oct
Nov
* NOTE:
30.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
125 Dbl. Offset Disk, 16'
125 Planter, 6 Row
Page
WATER SOURCE:
StewNG
IRRIGATION SYSTEM: Center Pivot w/
PREVIOUS CROP:
Wheat, Durum
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/25/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
475.00 Water, Pump
3.00
4.00 Pinto Bean Sd
18-46-00, Dry
475.00 Water, Pump
EPTC
Trifluralin
4.00
0.90 AI
70.00
165.00
0.90
3.50
1.50
Lb
Lb
AI
Pt
Pt
33.32 AF
57.00
257.00
33.32
26.08
30.06
53
Labor
Type
Irrigator
Tractor
Tractor
CW
Tn
AF
Ga
Pt
Irrigator
Tractor
3.00 Ac
475.00 Water, Pump
0.90 AI
32-00-00, URAN 32, 3.60 Ga
Irrigate
475.00 Water, Pump
0.90 AI
Apply Fungicide/Air
CST Air Spray, 3 Gal Mi
Chlorothalonil
2.00 Pt
Dig
125 Bean Knife Rig - 3 Pt/8
4.00
Windrow
125 Bean Rod/Windrower 10 R
4.00
Combine Harvest
Combine, Sm. Gr., PL20,
1.25
Haul
CST Haul Dry Beans
Cleaning
CST Clean Dry Beans
Disk Residue
125 Dbl. Offset Disk, 16'
4.00
Pickup Use 10 Mi/Ac
Pickup Truck, 1/2 Ton
3.00
33.32
205.00
33.32
41.37
AF
Tn
AF
Ga
Irrigator
Irrigator
6.00 Ac
Tractor
Tractor
Harvest
6.25 CW
4.00 CW
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 8/35