Table 10A. Income and Cash Operating Cost Summary, Grain Sorghum (Dbl. Crop), 1996
COUNTY: Graham
CROP:
Sorghum(Milo), Grain
AREA:
Safford Valley
FARM: Graham County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Item
INCOME ->
Grain
Page
WATER SOURCE:
Both
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Barley
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)
Pump Energy - Elect.
Repairs & Maint.
Water Assessment (See Note Below) **
Other Purchased Inputs & Services
Seed/Transplants
Budgeted
/Acre
$245.52
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
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 Cropped
SOIL:
Sandy-Loam
DATE:
10/14/96
Total
/Acre
Your Farm
Budget
$245.52
____________
56.45
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
33.74
22.71
44.60
27.17
8.57
8.86
39.53
19.49
20.03
15.41
14.48
0.92
**
9.45
____________
____________
____________
__________
165.44
____________
9.45
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
41
2.80
39.10
__________
45.00
____________
____________
____________
____________
____________
____________
____________
____________
9.91
2.65
==========
$223.00
$22.52
____________
____________
============
____________
____________
2.80
3.10
1.62
1.48
Notes: The above figures do not include ownership costs, see Table 10B on Next Page for detailed cost allocation.
** A water assessment charge of $17.50/Acre is included in the ownership costs of Table 10B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 9/18
Table 10B. Allocation of Ownership Costs; Grain Sorghum (Dbl. Crop), 1996
COUNTY: Graham
CROP:
Sorghum(Milo), Grain
AREA:
Safford Valley
FARM: Graham County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Page
WATER SOURCE:
Both
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Barley
— CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0682/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
42
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
10/14/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$245.52
|
222.99
$22.52
|
$22.52
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
4.04
|
4.04
Wells & Irrig. System
4.51
|
4.51
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
11.14
|
11.14
General Farm Maint. ( 3% of Tot. Oper. Exp.)
6.69
|
6.69
________
|
________
Total Cash Overhead Expenses
26.38
|
26.38
|
Total Cash Oper. & Over. Cost
249.38
|
249.38
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
3.86)
|
(
3.86)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
22.57
Wells & Irrig. System
|
8.03
Interest on Equity, Machinery & Vehicles
|
9.70
Wells & Irrig. System
|
3.06
|
________
Total Capital Allocations
|
43.36
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————>(
3.86)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
47.22)
_________
|
_________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($660 X 16% X .10016)
5.28
|
5.28
Opport. Inter. on Land (100% X 6.0% X $660)
|
19.80
Water Assessment **
17.50
|
17.50
—————
|
—————
Total Land Costs
22.78
|
42.58
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————>(
26.65)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
89.81)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
17.83
________
|
________
TOTAL OWNERSHIP COST
49.17
|
130.17
=========
|
========
TOTAL COST
$272.17
|
$353.17
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————>(
$26.65)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>( $107.65)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$245.52
222.99
Lb)
$0.0619
$0.0136
$0.0756
|
|
|
$0.0619
$0.0361
$0.0981
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 9/18
Table 10C. Variable Operating Costs; Grain Sorghum (Dbl. Crop), 1996
COUNTY: Graham
CROP:
Sorghum(Milo), Grain
AREA:
Safford Valley
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Aug
Aug
Aug
Sep
Nov
Nov
Dec
Dec
FARM: Graham County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
Page
WATER SOURCE:
Both
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Barley
—— Hours * — |
———— Operating Costs ($/Acre*) ————
Machine Labor | Fuel/Rps. Labor Cust/Ser. Materials Total
Operation
Disk
List
Disk Ends
Buck Rows
Preirrigate
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Apply Fert/Ground
Irrigate
Irrigate
Apply Herbicide/Ground
Cultivate
Irrigate
Irrigate
Apply Insecticide/Air
Combine Harvest
Haul, Custom
36.0 CW
Cut Stalks
Disk Residue
Pickup Use 40 Mi/Ac
Operating Interest at 8.00%
0.300
0.225
0.030
0.030
0.300
0.300
0.180
0.450
0.300
0.333
0.250
0.033
0.033
0.667
1.000
0.333
0.333
0.200
0.500
0.333
0.538
0.806
0.300
0.300
0.300
1.330
0.333
0.403
0.606
0.333
0.333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.59
2.35
0.36
0.26
14.01
3.51
4.00
1.54
4.50
3.70
9.34
2.80
2.10
0.28
0.28
4.67
7.01
2.80
2.80
1.68
4.20
2.80
3.77
5.65
9.45
27.17
6.00
3.00
7.00
2.86
2.80
2.82
4.25
8.57
30.10
9.00
3.10
3.59
9.90
2.80
2.80
2.92
TOTAL CASH OPERATING EXPENSES:
$67.94
$59.24
$48.02
$48.05
6.39
4.45
0.64
0.54
4.67
21.02
6.31
16.25
3.22
8.70
33.67
3.77
14.99
8.86
5.80
2.82
11.25
8.57
30.10
9.00
5.90
6.39
43
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
10/14/96
Tot. Cash
Expense
Times
1.0
1.0
4.0
3.0
0.7
0.3
1.0
1.0
1.0
2.0
1.0
0.7
0.3
1.0
2.0
2.8
1.2
1.0
1.0
1.0
1.0
1.0
6.39
4.45
2.56
1.62
3.27
6.31
6.31
16.25
3.22
17.41
33.67
2.64
4.50
8.86
11.61
7.90
13.50
8.57
30.10
9.00
5.90
6.39
9.90
2.92
_________
$223.25
Class
L
L
G
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
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.
A water assessment charge of $17.50/Acre included as ownership cost in Table 10B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$39.79
Growing (G)
125.62
Harvest (H)
39.10
Post Harvest (P)
5.90
Marketing (M)
0.00
Operating Overhead (O)
12.82
—————
Total (T)
$223.25
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
——————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.05
$0.06
$0.06
$0.07
$0.08
Break-even
|——————————————————————————————————————————————————————————————
-25%
2,700.0 |
-73.89
-46.27
-27.86
-9.44
18.17
0.07
-10%
3,240.0 |
-53.02
-19.87
2.21
24.31
57.45
0.06
Budgeted 3,600.0 |
-39.11
-2.28
22.26
46.82
83.64
0.06
+10%
3,960.0 |
-25.19
15.31
42.32
69.32
109.83
0.05
+25%
4,500.0 |
-4.32
41.70
72.39
103.08
149.12
0.05
Break-even Yield
| 4,611.91 3,646.69 3,200.18 2,851.09 2,450.17
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 9/18
Table 10D. Resource and Cash Flow Requirements; Grain Sorghum (Dbl. Crop), 1996
COUNTY: Graham
CROP:
Sorghum(Milo), Grain
AREA:
Safford Valley
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Graham County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
JUN C
1.0
12.0
JUL C
1.0
8.0
AUG C
2.0
12.0
SEP C
2.0
12.0
OCT C
NOV C
DEC C
Pickup Use 40 Mi/Ac
Operating Interest at 8.0%
Water Assessment
1.44
2.88
1.62
0.92
0.03
Total
%
7.58
6.0
|
|
|
Total
Labor (Hrs)
44.0
0.66
MATERIALS REQUIREMENTS(/Acre)
Water, District
82-00-00, Anhyd. Ammmonia
LABOR REQUIREMENTS(/Acre)
Tractor
Operating Cost ($/Acre)
Labor
11.12
25.19
10.47
4.20
0.36
11.11
23.38
12.38
6.50
0.28
6.69
9.90
5.60
Chemicals
44
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
10/14/96
———————————————————————
Other
Purchases
Services
Total
30.03
9.45
2.91
22.23
94.05
22.85
19.27
0.64
26.50
12.29
9.90
2.91
35.41
16.80
210.65
100.00
6.00
8.57
26.50
**
|
|
67.94
32.25
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
123.0 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
7.5 Hrs
Total Water
44.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 100 PTO HP, MFWD
Rowbuck, 10'
Section Harrow, 3 Section
Rotary Stalk Cutter, 4 Row
WATER SOURCE:
Both
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Barley
———————————————————————
Purchased
Fuel, Oil
Water
& Repairs
|
|
|
|
|
|
|
Page
59.25
28.12
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
19.3
Regular Gas
0.0
NonLead Gas
4.0
Electricity/Pumping
146.0
All Direct Energy
3.6
3.92
0.09
0.18
0.30
Hrs
Hrs
Hrs
Hrs
30.80 AI
150.00 Lb
4.35 Hrs
Offset Disk, 13.5'
Power Mulcher, 4 Rw
Cultivator, Sweep, 4 Rw
Pickup Truck, 1/2 Ton
Water, Pump
Atrazine
Irrigators
38.60
18.32
9.45
4.48
Gal
Gal
Gal
KWH
M BTU
0.72
0.30
1.50
1.33
Hrs
Hrs
Hrs
Hrs
13.20 AI
1.25 Lb
Lister, 5 Bottom
Planter, 4 Row
Fertilizer Injector, 4 Row
Grain Sorghum Sd
Carbaryl
0.23 Hrs
0.30 Hrs
0.30 Hrs
10.00 Lb
2.00 Lb
3.24 Hrs
* NOTE:
P = Previous Year C = Current Year
N = Next Year
** A water assessment charge of $17.50/Acre included as ownership cost in Table 10B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 9/18
Table 10E
Schedule of Operations; Grain Sorghum (Dbl. Crop), 1996
COUNTY: Graham
CROP:
Sorghum(Milo), Grain
AREA:
Safford Valley
First
No. Month Times
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Aug
Aug
Aug
Sep
Nov
Nov
Dec
Dec
1.0
1.0
4.0
3.0
0.7
0.3
1.0
1.0
1.0
2.0
1.0
0.7
0.3
1.0
2.0
2.8
1.2
1.0
1.0
1.0
1.0
1.0
Operation
FARM: Graham County Farm
ACRES:
1.0
YIELD:
3,600.0 Lb/Acre
WATER SOURCE:
Both
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Barley
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Disk
100
List
100
Disk Ends
100
Buck Rows
100
Preirrigate
Preirrigate
Mulch
100
Plant
100
Remove Cap
100
Cultivate
100
Apply Fert/Ground
100
Irrigate
Irrigate
Apply Herbicide/Groun
Cultivate
100
Irrigate
Irrigate
Apply Insecticide/Air
Combine Harvest
Haul, Custom
Cut Stalks
100
Disk Residue
100
Pickup Use 40 Mi/Ac
Page
Job Rate
Acres/Hr
3.00
4.00
30.00
30.00
1.50
0.99
Power Mulcher, 4 Rw
3.00
Planter, 4 Row
3.00
Section Harrow, 3 Secti 5.00
Cultivator, Sweep, 4 Rw 2.00
Fertilizer Injector, 4
3.00
1.86
1.24
CST Air Spray, 3 Gal Mi
Cultivator, Sweep, 4 Rw 3.00
2.48
1.65
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
10/14/96
—— Material Use & Cost ——
Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Offset Disk, 13.5'
Lister, 5 Bottom
Offset Disk, 13.5'
Rowbuck, 10'
CST Combine Grain Sorgh
CST Haul Grain
Rotary Stalk Cutter, 4
Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Water, District
Water, Pump
12.00 AI
12.00 AI
0.00 AF
14.00 AF
Grain Sorghum Sd
10.00 Lb
90.00 CW
82-00-00, Anhyd. A 150.00 Lb
Water, District
8.00 AI
Water, Pump
8.00 AI
Atrazine
1.25 Lb
Water, District
Water, Pump
Carbaryl
6.00 AI
6.00 AI
2.00 Lb
45
345.00
0.00
14.00
2.18
Tn
AF
AF
Lb
Labor
Type
Tractor
Tractor
Tractor
Tractor
Irrigator
Irrigator
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Irrigator
6.00 Ac
Tractor
Irrigator
Irrigator
0.00 AF
14.00 AF
4.08 Lb
17.50 Ac
0.25 CW
3.00
3.00
0.75
Tractor
Tractor
* NOTE: Machine times, labor times, and material rates are for one time over the designated acreage.
** A water assessment charge of $17.50/Acre included as ownership cost in Table 10B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 9/18