Table 7A. Income and Cash Operating Summary; Grain Sorghum, 1998
COUNTY: Cochise
CROP:
Sorghum(Milo), Grain
AREA:
Kansas Settlement
FARM: Cochise County 98
ACRES:
1.0
YIELD:
3,200.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 30
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), Grain
Quantity
3,200.00
Price/
Unit
$0.11
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$352.00
Total
/Acre
Your Farm
Budget
$352.00
____________
43.73
____________
____________
____________
55.79
____________
____________
____________
____________
32.83
____________
____________
____________
147.33
____________
____________
____________
8.02
____________
____________
23.70
20.04
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
13.38
29.95
12.46
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
12.44
20.39
Irrigation Water (excluding labor)
Natural Gas/Pumping
Repairs and Maintenance
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
125.88
21.45
Other Purchased Inputs &
Seed/Transplants
8.02
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------287.70
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
3.34
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
1.44
1.97
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
3.34
____________
____________
3.42
____________
____________
____________
59.10
-------------65.86
____________
10.30
12.23
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$376.09
($24.09)
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 7 / 76
Table 7B. Allocations of Ownership Costs; Grain Sorghum, 1998
Page 31
COUNTY:Cochise
FARM: Cochise County 98
WATER SOURCE:
Ks Settlement, NG
CROP:
Sorghum(Milo), Grain ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
AREA:
Kansas Settlement
YIELD:
3,200.0 Lb / Acre PREVIOUS CROP:
Sorghum(Milo), Grain
Item
TOTAL INCOME at
$0.11 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
$376.09
$376.09
($24.09)
3.75
12.65
18.80
11.28
-------------46.48
($24.09)
3.75
12.65
18.80
11.28
-------------46.48
422.57
422.57
($70.57)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
($70.57)
21.00
47.08
11.24
24.00
-------------103.32
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($70.57)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($368.00 X 16.0% X 0.144)
Opportunity Interest on Land (100% X 6.0 X $368.00)
8.54
8.54
22.08
-------------30.62
-------------Total Land Costs
8.54
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($79.11)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------55.02
30.09
-------------210.51
=============
=============
TOTAL COST
$431.11
$586.60
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($79.11)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
($173.90)
$0.12
$0.02
$0.13
($204.51)
($234.60)
$0.12
$0.07
$0.18
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 7 / 76
Table 7C. Variable Operating Costs; Grain Sorghum, 1998
COUNTY:Cochise
FARM: Cochise County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Kansas Settlement
YIELD:
3,200.0 Lb / Acre
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Nov
Nov
Feb
Mar
Apr
Apr
Apr
Apr
Apr
May
Jun
Jun
Jul
Jul
Oct
Oct
Oct
Oct
Nov
Nov
---- Hours * ---Machine Labor
Plow
Disk
Landplane
List
Apply Fert/Inject
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Irrigate
Apply Insecticide/Air
Cultivate
Apply Insecticide/Air
Prepare Ends
Combine Harvest
Field Transport
Haul 5
Cut Stalks 36 CW
Disk Residue 36 CW
Pickup Use40 Mi/Acre
Operating Interest at 10.0
0.360
0.129
0.900
0.225
0.150
0.022
Page 32
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), Grain
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.400
0.143
1.000
0.250
0.167
0.025
0.704
0.167
0.250
0.167
0.279
5.33
2.00
11.88
3.40
1.66
0.16
35.08
1.07
2.89
1.07
14.03
3.28
1.17
8.19
2.05
1.37
0.20
4.80
1.37
2.05
1.37
1.90
0.164
0.182
1.36
1.49
0.023
0.025
0.35
0.20
0.180
0.200
1.61
1.64
0.164
0.129
1.333
0.183
0.143
1.46
2.00
10.30
1.50
1.17
0.150
0.225
0.150
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
12.46
13.38
8.02
4.58
15.32
4.23
5.82
50.10
9.00
Tot. Cash
Expenses
Times
8.60
3.18
20.07
17.91
16.40
0.37
39.88
2.44
12.96
2.44
15.94
19.90
2.85
10.05
0.56
50.10
3.24
9.00
2.96
3.18
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
8.60
3.18
20.07
17.91
16.40
0.37
39.88
2.44
12.96
2.44
127.48
19.90
2.85
10.05
0.56
50.10
3.24
9.00
2.96
3.18
10.30
12.23
12.23
Class
L
L
L
L
G
G
G
L
L
G
G
G
G
G
H
H
H
H
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
376.09
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)
68.33
Growing (G)
219.38
Harvest (H)
62.90
Post Harvest (P)
2.96
Marketing (M)
0.00
Operating Overhead (O)
22.53
=============
Total (T)
$376.09
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.08
$0.10
$0.11
$0.12
$0.14 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
2,400.0
2,880.0
3,200.0
3,520.0
4,000.0
Break-even Yield
-161.63
-131.91
-112.09
-92.28
-62.56
-122.03
-84.39
-59.29
-34.20
3.44
-95.63
-52.71
-24.09
4.52
47.44
-69.23
-21.03
11.11
43.24
91.44
-29.63
26.49
63.91
101.32
157.44
5,010.33 3,956.12
3,469.46
3,089.41
2,653.42
0.15
0.13
0.12
0.11
0.10
Table 7D. Resource and Cash Flow Requirements; Grain Sorghum, 1998
COUNTY:Cochise
FARM: Cochise County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Kansas Settlement
YIELD:
3,200.0 Lb / Acre
Month *
Number
Irrigations
NOV P
DEC P
FEB C
MAR C
APR C
1.0
MAY C
JUN C
2.0
JUL C
3.0
AUG C
2.0
SEP C
1.0
OCT C
NOV C
Pickup Use40 Mi/Acre
Operating Interest at 10.0
Total
%
9.0
Water
Applied
(inches)
Total
Labor (Hrs)
10.0
8.0
12.0
8.0
4.0
42.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.27
0.27
1.00
0.25
1.19
0.29
0.56
1.02
0.56
0.28
0.24
0.47
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
3.67
3.67
11.88
3.40
39.42
2.52
28.06
43.46
28.06
14.03
1.31
4.11
10.30
6.40
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
65.6
Total P
0.0
Total K
0.0
Total Labor
6.4
Total Water
42.0
Page 33
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), Grain
2.22
2.22
8.19
2.05
8.77
2.39
3.81
7.20
3.81
1.90
1.19
3.32
193.88
51.55
47.07
12.52
12.46
13.38
12.23
5.89
5.89
20.07
17.91
65.57
8.92
51.77
60.71
31.87
15.94
36.50
32.53
10.30
12.23
80.14
21.31
376.09
100.00
4.01
4.01
15.32
5.82
4.58
4.23
34.00
25.10
46.98
12.49
8.02
2.13
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
17.8 Gal
Unleaded Gas
4.0 Gal
Nat Gas/Pumping
339.6 Therms
All Direct Energy
36.9 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Fertilizer Injector, 4 Row
0.15 Hr
Lister, 5 Bottom
0.22 Hr
Pickup Truck, 1/2 Ton
1.33 Hr
Rotary Stalk Cutter, 4 Row
0.16 Hr
Section Harrow, 3 Section
0.30 Hr
Grain Cart, 400 BU
Moldboard Plow, 4-16 2
Planter, Drill Type, 4 Row
Rowbuck, 10'
Tractor, 100 PTO HP,
0.18
0.36
0.22
0.02
1.21
MATERIALS REQUIREMENT ( per Acre)
82-00-00, Anhyd.
80.00 Lb
Metolachlor
1.50 Pt
Grain Sorghum Sd
Phorate
8.00 Lb
6.66 Lb
LABOR REQUIREMENT ( per Acre)
Irrigators
2.94 Hr
Tractor
3.30 Hr
Hr
Hr
Hr
Hr
Hr
Landplane 12'X 45'
Offset Disk, 16.5'
Rolling Cultivator, 4 Rw
Saddle Tk Sprayer, 2 Tk 8
Tractor, 125 PTO HP
Malathion
Water, Pump
0.90
0.28
0.16
0.22
1.76
Hr
Hr
Hr
Hr
Hr
1.50 Pt
42.00 AI
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 7 / 76
Table 7E. Schedule of Operations; Grain Sorghum, 1998
COUNTY:Cochise
FARM: Cochise County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Kansas Settlement
YIELD:
3,200.0 Lb / Acre
First
No.Month Times
Operation
1
2
3
4
Nov
Nov
Feb
Mar
1.0
1.0
1.0
1.0
Plow
Disk
Landplane
List
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
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
Cut Stalks
Disk Residue
Pickup use 40 Mi/Ac
Page 34
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum(Milo), Grain
Equipment/ Custom Oper
HP Self-Prop./ Implement
125 Moldboard Plow, 4-16 2
125 Offset Disk, 16.5'
125 Landplane 12'X 45'
125 Lister, 5 Bottom
Saddle Tk Sprayer, 2 Tk 8 Row
100 Fertilizer Injector, 4 Row
100 Rowbuck, 10'
100 Section Harrow, 3 Section
100 Planter, Drill Type, 4 Row
100 Section Harrow, 3 Section
CST Air Apply Granules 50lbs
100 Rolling Cultivator, 4 Rw
CST Air Spray, 3 Gal Mix
125 Offset Disk, 16.5'
CST Combine Grain Sorghum
100 Grain Cart, 400 BU
CST Haul Grain
100 Rotary Stalk Cutter, 4 Row
125 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.50
7.00
1.00
4.00 Metolachlor
6.00
40.00
1.42
6.00
4.00
6.00
3.58
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
1.50 Pt
Labor
Type
Tractor
Tractor
Tractor
Tractor
63.00 Ga
82-00-00, Anhyd.
80.00 Lb 317.00 Tn
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Irrigators
Water, Pump
10.00 AI
42.09 AF
Grain Sorghum Sd
8.00 Lb
95.00 CW
Water, Pump
Phorate
4.00 AI
6.66 Lb
42.09 AF
2.18 Lb
4.58 Ac
Malathion
1.50 Pt
29.42 Ga
4.23 Ac
5.50
Tractor
40.00
Tractor
37.50 Ac
5.00
Tractor
0.25 C
5.50
7.00
0.75
Tractor
Tractor
*NOTES: Machine times, labor times, and material rates are for one time over the designated acreage.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 7 / 76