Table
8A. Income and Cash Operating Cost Summary, Grain Sorghum, 1996
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Item
INCOME ->
Grain
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), G
Unit
Quantity
Price
/Unit
Pound
3,600.00
$0.0682
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs & Maint.
Budgeted
/Acre
$245.52
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
$245.52
____________
44.91
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
58.26
14.49
31.79
11.98
29.73
13.12
16.61
150.48
129.03
21.45
7.56
____________
____________
__________
290.94
____________
7.56
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
24.34
20.58
Other Purchased Inputs & Services
Seed/Transplants
29
3.43
39.10
__________
46.03
____________
____________
____________
____________
____________
____________
____________
____________
10.57
5.23
==========
$352.78
(
$107.26)
____________
____________
============
____________
____________
3.43
3.50
1.63
1.87
8B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/23
Table
8B. Allocation of Ownership Costs; Grain Sorghum, 1996
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), G
— CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0682/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
30
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$245.52
|
352.77
(
$107.25)
|
(
$107.25)
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
3.71
|
3.71
Wells & Irrig. System
11.47
|
11.47
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
17.63
|
17.63
General Farm Maint. ( 3% of Tot. Oper. Exp.)
10.58
|
10.58
__________
|
__________
Total Cash Overhead Expenses
43.39
|
43.39
|
Total Cash Oper. & Over. Cost
396.17
|
396.17
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
150.65)
|
(
150.65)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
20.19
Wells & Irrig. System
|
43.73
Interest on Equity, Machinery & Vehicles
|
11.13
Wells & Irrig. System
|
21.99
|
__________
Total Capital Allocations
|
97.04
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>(
150.65)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
247.70)
____________
|
____________
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 —————————————————————————————————>(
156.52)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
269.17)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
28.22
__________
|
__________
TOTAL OWNERSHIP COST
49.26
|
190.13
==========
|
==========
TOTAL COST
$402.04
|
$542.91
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————>(
$156.52)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>(
$297.39)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$245.52
352.77
Lb)
$0.0979
$0.0136
$0.1116
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/23
$0.0979
$0.0528
$0.1508
Table
8C. Variable Operating Costs; Grain Sorghum, 1996
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Nov
Nov
Feb
Mar
Apr
Apr
Apr
Apr
Apr
May
Jun
Jun
Jul
Jul
Oct
Oct
Oct
Oct
Nov
Nov
Page
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
—— Hours * —— |
—————— Operating Costs ($/Acre*) ——————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials Total
Operation
Plow
Disk
Landplane
List
Apply Fert/Inject
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Irrigate
Apply Insecticide/Air
Cultivate
Apply Insecticide/Air
Prepare Ends
Combine Harvest
Field Transport
Haul
5 MI
Cut Stalks
Disk Residue
Pickup Use 40 Mi/Ac
Operating Interest at
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), G
0.360
0.129
0.900
0.225
0.150
0.022
0.150
0.225
0.150
0.400
0.143
1.000
0.250
0.167
0.025
0.704
0.167
0.250
0.167
0.279
0.164
0.182
0.022
0.025
0.180
0.200
0.164
0.129
1.330
0.183
0.143
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4.65
1.80
10.04
3.06
1.71
0.17
35.83
1.14
2.79
1.14
14.33
3.36
1.20
8.41
2.10
1.40
0.21
4.93
1.40
2.10
1.40
1.96
1.42
1.53
0.26
0.21
1.70
1.68
1.54
1.80
10.57
1.54
1.20
11.98
14.49
7.56
7.34
12.66
6.00
5.79
30.10
9.00
8.00%
8.76
TOTAL CASH OPERATING EXPENSES:
$194.27
$48.35
$61.20
$52.48
8.01
3.00
18.45
17.14
17.60
0.38
40.76
2.54
12.45
2.54
16.29
20.00
2.95
11.79
0.47
30.10
3.38
9.00
3.08
3.00
31
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
Times
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
8.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense
8.01
3.00
18.45
17.14
17.60
0.38
40.76
2.54
12.45
2.54
130.32
20.00
2.95
11.79
0.47
30.10
3.38
9.00
3.08
3.00
10.57
8.76
________
$356.30
Class
L
L
L
L
G
G
G
L
L
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)
$64.59
Growing (G)
226.34
Harvest (H)
42.95
Post Harvest (P)
3.08
Marketing (M)
0.00
Operating Overhead (O)
19.33
—————
Total (T)
$356.30
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
———————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.05
$0.06
$0.06
$0.07
$0.08
Break-even
|———————————————————————————————————————————————————————————————
-25%
2,700.0 |
-206.69
-179.07
-160.65
-142.24
-114.62
0.12
-10%
3,240.0 |
-185.97
-152.83
-130.73
-108.63
-75.49
0.10
Budgeted 3,600.0 |
-172.16
-135.33
-110.78
-86.23
-49.40
0.09
+10%
3,960.0 |
-158.35
-117.84
-90.83
-63.82
-23.31
0.09
+25%
4,500.0 |
-137.63
-91.60
-60.91
-30.22
15.81
0.08
Break-even Yield
| 8,087.79 6,385.11 5,599.26 4,985.64 4,281.79
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/23
Table
8D. Resource and Cash Flow Requirements; Grain Sorghum, 1996
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Total
Labor (Hrs)
NOV P
DEC P
FEB C
MAR C
APR C
1.0
10.0
MAY C
JUN C
2.0
8.0
JUL C
3.0
12.0
AUG C
2.0
8.0
SEP C
1.0
4.0
OCT C
NOV C
Pickup Use 40 Mi/Ac
Operating Interest at 8.0%
0.27
0.27
1.00
0.25
1.18
0.29
0.55
1.01
0.55
0.27
0.14
0.40
Total
%
6.23
9.0
42.0
|
|
|
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), G
—————————————————————————
Purchased
Fuel, Oil
Water
& Repairs
|
|
|
|
|
|
|
|
|
|
|
|
Labor
Natural Gas/Pumping
All Direct Energy
1.59
0.28
0.23
0.30
0.18
MATERIALS REQUIREMENTS(/Acre)
Metolachlor
Grain Sorghum Sd
1.50 Pt
8.00 Lb
82-00-00, Anhyd. Ammmonia
Phorate
LABOR REQUIREMENTS(/Acre)
Tractor
3.30 Hrs
Irrigators
339.6
36.7
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 100 PTO HP, MFWD
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8 Row
Section Harrow, 3 Section
Grain Cart, 400 BU
* NOTE:
P = Previous Year
Moldboard Plow, 4-16 2 Way
Landplane 12’X 45'
Fertilizer Injector, 4 Row
Planter, 4 Row
Rotary Stalk Cutter, 4 Row
C = Current Year
11.98
14.49
——————————————————————————
Other
Purchases
Services
Total
8.72
5.51
5.51
18.45
17.14
67.52
8.77
50.73
63.59
32.57
16.29
18.00
18.44
10.57
8.72
46.72
13.66
341.82
100.00
3.78
3.78
12.66
5.79
5.50
6.00
15.50
11.00
48.35
14.14
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
16.3
Regular Gas
0.0
NonLead Gas
4.0
Hrs
Hrs
Hrs
Hrs
Hrs
Chemicals
2.28
2.28
8.41
2.10
9.00
2.46
3.91
7.40
3.91
1.96
1.22
3.41
194.27
56.83
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
65.6 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
6.2 Hrs
Total Water
42.0 AI
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
Operating Cost ($/Acre)
3.23
3.23
10.04
3.06
40.25
2.54
28.66
44.41
28.66
14.33
1.28
4.03
10.57
|
|
32
44.92
13.14
7.56
2.21
Gal
Gal
Gal
Therms
M BTU
0.36
0.90
0.15
0.23
0.16
Hrs
Hrs
Hrs
Hrs
Hrs
80.00 Lb
6.66 Lb
Tractor, 125 PTO HP, MFWD
Lister, 5 Bottom
Rowbuck, 10'
Rolling Cultivator, 4 Rw
Pickup Truck, 1/2 Ton
Water, Pump
Malathion
1.38
0.23
0.02
0.16
1.33
Hrs
Hrs
Hrs
Hrs
Hrs
42.00 AI
1.50 Pt
2.94 Hrs
N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 8/23
Table
8E
Schedule of Operations; Grain Sorghum, 1996
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
First
No. Month Times
1
2
3
4
Nov
Nov
Feb
Mar
1.0
1.0
1.0
1.0
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Apr
Apr
Apr
Apr
Apr
May
Jun
Jun
Jul
Jul
Oct
Oct
Oct
Oct
Nov
Nov
1.0
1.0
1.0
1.0
1.0
1.0
8.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
* NOTE:
Operation
Plow
Disk
Landplane
List
FARM: Cochise County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
100
125
125
125
Page
WATER SOURCE:
Ks NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), G
Job Rate
Acres/Hr
Moldboard Plow, 4-16 2
2.50
Offset Disk, 16.5'
7.00
Landplane 12’X 45'
1.00
Lister, 5 Bottom
4.00
Saddle Tk Sprayer, 2 Tk
Apply Fert/Inject
100 Fertilizer Injector, 4
6.00
Buck Rows
100 Rowbuck, 10'
40.00
Preirrigate
1.42
Mulch
100 Section Harrow, 3 Secti 6.00
Plant
100 Planter, 4 Row
4.00
Remove Cap
100 Section Harrow, 3 Secti 6.00
Irrigate
3.58
Apply Insecticide/Air
CST Air Apply Granules
Cultivate
100 Rolling Cultivator, 4 R 5.50
Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
Prepare Ends
100 Offset Disk, 16.5'
40.00
Combine Harvest
CST Combine Grain Sorgh
Field Transport
100 Grain Cart, 400 BU
5.00
Haul
CST Haul Grain
Cut Stalks
100 Rotary Stalk Cutter, 4
5.50
Disk Residue
125 Offset Disk, 16.5'
7.00
Pickup Use 40 Mi/Ac
Pickup Truck, 1/2 Ton
0.75
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/08/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Metolachlor
1.50 Pt
33
Labor
Type
Tractor
Tractor
Tractor
Tractor
60.84 Ga
82-00-00, Anhyd. A
80.00 Lb
345.00 Tn
Tractor
Tractor
Irrigator
Tractor
Tractor
Tractor
Irrigator
Water, Pump
10.00 AI
42.99 AF
Grain Sorghum Sd
8.00 Lb
90.00 CW
Water, Pump
Phorate
4.00 AI
6.66 Lb
42.99 AF
1.81 Lb
5.50 Ac
Malathion
1.50 Pt
29.42 Ga
6.00 Ac
Tractor
Tractor
17.50 Ac
Tractor
0.25 CW
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 8/23