Table
9A. Income and Cash Operating Cost Summary, Corn, 1996
COUNTY: Cochise
CROP:
Corn Grain
AREA:
Kansas Settlement
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
9,800.0 Lb/Acre
Item
INCOME ->
Grain
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
Unit
Quantity
Price
/Unit
Pound
9,800.00
$0.0557
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/Contract
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs & Maint.
Budgeted
/Acre
$545.86
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
8.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
——————————————————————————————————————————————————————————————
Notes: The above figures do not include ownership costs, see Table
Total
/Acre
Your Farm
Budget
$545.86
____________
44.45
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
153.35
89.48
45.44
18.43
24.98
10.30
14.68
171.98
147.46
24.51
29.61
____________
____________
__________
424.38
____________
29.61
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
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
19.68
22.85
1.93
Other Purchased Inputs & Services
Seed/Transplants
34
4.42
115.50
__________
124.43
____________
____________
____________
____________
____________
____________
____________
____________
13.22
7.10
==========
$569.12
(
$23.26)
____________
____________
============
____________
____________
4.42
4.51
2.10
2.41
9B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/25
Table
9B. Allocation of Ownership Costs; Corn, 1996
COUNTY: Cochise
CROP:
Corn Grain
AREA:
Kansas Settlement
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
9,800.0 Lb/Acre
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
— CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0557/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
35
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$545.86
|
569.11
(
$23.25)
|
(
$23.25)
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
3.27
|
3.27
Wells & Irrig. System
13.10
|
13.10
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
28.45
|
28.45
General Farm Maint. ( 3% of Tot. Oper. Exp.)
17.07
|
17.07
__________
|
__________
Total Cash Overhead Expenses
61.89
|
61.89
|
Total Cash Oper. & Over. Cost
631.01
|
631.01
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
85.15)
|
(
85.15)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
18.27
Wells & Irrig. System
|
49.98
Interest on Equity, Machinery & Vehicles
|
8.99
Wells & Irrig. System
|
25.14
|
__________
Total Capital Allocations
|
102.37
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>(
85.15)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
187.53)
___________
|
____________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($260 X 16% X .14112)
5.87
|
5.87
Opport. Inter. on Land (100% X 6.0% X $260)
|
15.60
—————
|
—————
Total Land Costs
5.87
|
21.47
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>(
91.02)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
209.00)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
45.52
__________
|
__________
TOTAL OWNERSHIP COST
67.76
|
231.27
==========
|
==========
TOTAL COST
$636.88
|
$800.39
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————>(
$91.02)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>(
$254.53)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$545.86
569.11
Lb)
$0.0580
$0.0069
$0.0649
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/25
$0.0580
$0.0235
$0.0816
Table
9C. Variable Operating Costs; Corn, 1996
COUNTY: Cochise
CROP:
Corn Grain
AREA:
Kansas Settlement
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Jan
Jan
Feb
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Jun
Jun
Jul
Jul
Aug
Sep
Sep
Sep
Sep
Sep
Oct
Operation
Page
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
9,800.0 Lb/Acre
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
—— Hours * —— |
—————— Operating Costs ($/Acre*) ——————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials Total
Plow
0.360
Disk
0.129
Landplane
0.225
Apply Herb. & Incorporate
0.129
Apply Fert/Ground
0.075
List
0.180
Buck Rows
0.022
Preirrigate
Disk Ends
0.022
Mulch
0.150
Plant
0.180
Remove Cap
0.090
Apply Fert/Ground
0.129
Irrigate
Cultivate
0.125
Irrigate/Run Fertilizer
Apply Insecticide/Air
Prepare Ends
0.022
Combine Harvest
Field Transport
0.450
Haul, Custom
98.0 CW
Elevator Handlin
98.0 CW
Drying
98.0 CW
Disk Residue
0.129
Pickup Use 50 Mi/Ac
1.670
Operating Interest at 8.00%
TOTAL CASH OPERATING EXPENSES:
0.400
0.143
0.250
0.143
0.083
0.200
0.050
0.704
0.025
0.167
0.400
0.100
0.143
0.333
0.125
0.279
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.025 |
|
0.500 |
|
|
|
0.143 |
4.65
1.80
2.51
1.79
0.61
2.08
0.17
35.83
0.26
1.14
2.54
0.69
1.64
17.91
1.15
14.33
3.36
1.20
2.10
1.20
0.70
1.68
0.39
4.93
0.21
1.40
3.08
0.84
1.20
2.33
1.05
1.96
18.43
33.08
39.56
32.60
11.90
11.74
6.00
0.26
0.21
4.25
4.20
42.00
24.50
24.50
24.50
1.80
13.21
1.20
9.65
$214.66
$48.83
$137.15
$170.95
8.01
3.00
4.61
21.42
34.39
3.76
0.56
40.76
0.47
2.54
45.18
1.53
35.44
20.24
2.20
28.19
17.74
0.47
42.00
8.45
24.50
24.50
24.50
3.00
36
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
Times
1.0
2.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
1.0
1.0
1.0
1.0
6.0
1.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense
8.01
6.01
4.61
21.42
34.39
3.76
1.68
40.76
0.47
2.54
45.18
1.53
35.44
121.44
2.20
56.38
35.48
0.47
42.00
8.45
24.50
24.50
24.50
3.00
13.21
9.65
_________
$571.59
Class
L
L
L
G
G
L
G
G
G
L
L
G
G
G
G
G
G
H
H
H
H
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)
$73.11
Growing (G)
351.18
Harvest (H)
75.42
Post Harvest (P)
24.50
Marketing (M)
24.50
Operating Overhead (O)
22.86
—————
Total (T)
$571.59
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
———————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.04
$0.05
$0.05
$0.06
$0.06
Break-even
|————————————————————————————————————————————————————————————————
-25%
7,350.0 |
-233.44
-172.03
-131.09
-90.15
-28.74
0.07
-10%
8,820.0 |
-190.69
-117.00
-67.87
-18.75
54.94
0.06
Budgeted 9,800.0 |
-162.19
-80.31
-25.73
28.85
110.73
0.05
+10%
10,780.0 |
-133.70
-43.63
16.40
76.45
166.52
0.05
+25%
12,250.0 |
-90.95
11.39
79.62
147.85
250.20
0.04
Break-even Yield | 15,377.91 11,945.65 10,398.41 9,206.01 7,854.91
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/25
Table
9D. Resource and Cash Flow Requirements; Corn, 1996
COUNTY: Cochise
CROP:
Corn Grain
AREA:
Kansas Settlement
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
9,800.0 Lb/Acre
Total
Labor (Hrs)
JAN C
FEB C
MAR C
APR C
0.7
7.0
MAY C
0.3
3.0
JUN C
2.0
10.0
JUL C
3.0
14.0
AUG C
2.0
9.0
SEP C
1.0
5.0
OCT C
NOV C
Pickup Use 50 Mi/Ac
Operating Interest at 8.0%
0.54
0.39
0.47
0.79
0.79
0.79
0.94
0.68
0.38
0.49
0.10
Total
%
6.40
9.0
48.0
|
|
|
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 100 PTO HP, MFWD
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8 Row
Rowbuck, 10'
Fertilizer Injector, 6 Row
Pickup Truck, 1/2 Ton
MATERIALS REQUIREMENTS(/Acre)
Butylate
Water, Pump
82-00-00, Anhyd. Ammmonia
* NOTE:
P = Previous Year
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
—————————————————————————
Purchased
Fuel, Oil
Water
& Repairs
|
|
|
|
|
|
|
|
|
|
|
6.46
4.31
4.65
27.13
15.14
36.97
50.15
32.67
18.34
4.37
1.26
13.21
|
|
214.66
39.23
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
240.4 lbs
Total P
104.0 lbs
Total K
0.0 lbs
Total Labor
6.4 Hrs
Total Water
48.0 AI
LABOR REQUIREMENTS(/Acre)
Tractor
Page
1.80
0.43
0.13
0.07
0.13
1.67
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Labor
2.87 Hrs
Cyanazine
Field Corn Sd
32-00-00, URAN 32, Lqd
C = Current Year
Other
Chemicals
4.57
3.31
3.97
5.86
6.20
5.72
6.62
4.88
2.75
4.15
0.84
51.51
12.77
29.79
388.1
41.3
——————————————————————————
Other
Purchases
Services
Total
9.66
11.02
7.62
60.12
54.65
71.86
42.68
104.15
49.46
28.84
91.76
2.11
13.21
9.66
112.66
20.59
547.15
100.00
8.88
20.73
35.38
11.90
12.00
7.75
83.25
48.87
8.93
Moldboard Plow, 4-16 2 Way
Landplane 12’X 45'
Fertilizer Broadcaster, Towed
Section Harrow, 3 Section
Rolling Cultivator, 6 Rw
5.00 Pt
48.00 AI
180.00 Lb
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
Operating Cost ($/Acre)
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
13.7
Regular Gas
0.0
NonLead Gas
5.0
Natural Gas/Pumping
All Direct Energy
37
141.35
25.83
29.61
5.41
Gal
Gal
Gal
Therms
M BTU
0.36
0.23
0.08
0.24
0.13
Hrs
Hrs
Hrs
Hrs
Hrs
1.00 Qt
30.00 Th
20.00 Ga
0.28 Hrs
Tractor, 125 PTO HP, MFWD
Dbl. Offset Disk, 16'
Lister, 5 Bottom
Planter, 6 Row
Grain Cart, 400 BU
11-52-00, Dry
Phorate
Chlorpyrifos
0.79
0.13
0.18
0.18
0.45
Hrs
Hrs
Hrs
Hrs
Hrs
200.00 Lb
6.00 Lb
4.00 Pt
Irrigators
N = Next Year
3.26 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/25
Table
9E
Schedule of Operations; Corn, 1996
COUNTY: Cochise
CROP:
Corn Grain
AREA:
Kansas Settlement
First
No.Month Times
Page
Operation
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
9,800.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
1
2
3
4
Jan
Jan
Feb
Mar
1.0
2.0
1.0
1.0
5
6
7
Mar
Mar
Mar
1.0 Apply Fert/Ground
1.0 List
3.0 Buck Rows
Moldboard Plow, 4-16 2
Offset Disk, 16.5'
Landplane 12’X 45'
Dbl. Offset Disk, 16'
Saddle Tk Sprayer, 2 Tk
100 Fertilizer Broadcaster,
125 Lister, 5 Bottom
100 Rowbuck, 10'
8
9
10
11
Apr
Apr
Apr
Apr
1.0
1.0
1.0
1.0
Preirrigate
Disk Ends
Mulch
Plant
100 Offset Disk, 16.5'
100 Section Harrow, 3 Secti
100 Planter, 6 Row
12
13
14
15
16
Apr
Apr
Jun
Jun
Jul
1.0
1.0
6.0
1.0
2.0
Remove Cap
100 Section Harrow, 3 Secti
Apply Fert/Ground
100 Fertilizer Injector, 6
Irrigate
Cultivate
100 Rolling Cultivator, 6 R
Irrigate/Run Fertiliz
17
18
19
20
21
22
23
24
Jul
Aug
Sep
Sep
Sep
Sep
Sep
Oct
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Job Rate
Acres/Hr
Plow
100
Disk
125
Landplane
125
Apply Herb. & Incorpo100
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
2.50
7.00
4.00
7.00 Butylate
Cyanazine
12.00 11-52-00, Dry
5.00
40.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
5.00 Pt 17.98 Ga
1.00 Qt 25.26 Ga
200.00 Lb 315.00 Tn
1.42 Water, Pump
10.00 AI 42.99 AF
40.00
6.00
5.00 Field Corn Sd
30.00 Th
0.94 Th
Phorate
6.00 Lb
1.58 Lb
10.00
7.00 82-00-00, Anhyd. A 180.00 Lb 345.00 Tn
3.00 Water, Pump
5.00 AI 42.99 AF
8.00
3.58 Water, Pump
4.00 AI 42.99 AF
32-00-00, URAN 32, 10.00 Ga 205.00 Tn
Chlorpyrifos
2.00 Pt 44.73 Ga
40.00
Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
Prepare Ends
100 Offset Disk, 16.5'
Combine Harvest
CST Combine Corn
Field Transport
100 Grain Cart, 400 BU
Haul, Custom
CST Haul Grain
Elevator Handling
CST Elevator Handling
Drying
CST Dry Corn
Disk Residue
125 Offset Disk, 16.5'
Pickup Use 50 Mi/Ac
Pickup Truck, 1/2 Ton
——————————————————————————————————————————————————————————————
* NOTE: Machine times, labor times, and material rates are for
38
Tractor
Tractor
Tractor
Other
Irrigator
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Irrigator
Tractor
Irrigator
6.00 Ac
Tractor
17.50 Ac
2.00
Tractor
0.25 CW
0.25 CW
0.25 CW
7.00
0.60
Tractor
one time over the designated acreage.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/25