Table 3A. Income and Cash Operating Summary; Alfalfa Stand Establish, 1998
COUNTY: Graham
CROP:
Alfalfa Hay
AREA:
Safford Valley
FARM: Graham County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 10
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Quantity
0.00
Price/
Unit
$0.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
2/4/99
Budgeted
/Acre
$0.00
29.96
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
14.55
24.55
Other Purchased Inputs &
Seed/Transplants
CASH HARVEST AND POST HARVEST EXPENSES
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
$0.00
____________
36.74
____________
____________
____________
____________
29.96
____________
____________
39.10
____________
____________
____________
5.01
____________
____________
____________
65.94
____________
____________
4.63
0.38
65.94
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
Your Farm
Budget
26.90
9.50
0.34
Chemicals and Custom Applications
Fertilizer
Irrigation Water (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
Water Assessment (See Note Below) **
Total
/Acre
-------------176.75
-------------0.00
____________
7.57
4.28
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
$188.60
($188.60)
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $12.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 8
Table 3B. Allocations of Ownership Costs; Alfalfa Stand Establish, 1998
COUNTY:Graham
CROP:
Alfalfa Hay
AREA:
Safford Valley
FARM: Graham County 98
WATER SOURCE:
Surface/Pump
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
0.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 11
$0.00 / Tn
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
2/4/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$0.00
$0.00
$188.60
$188.60
($188.60)
4.08
1.80
9.43
5.66
-------------20.97
($188.60)
4.08
1.80
9.43
5.66
-------------20.97
209.57
209.57
($209.57)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
($209.57)
22.83
3.40
8.33
1.23
-------------35.79
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($209.57)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($600.00 X 16.0% X 0.093)
Opportunity Interest on Land (100% X 6.0 X $600.00)
Water Assessment
4.46
4.46
18.00
12.50
-------------34.96
12.50
-------------Total Land Costs
16.96
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($226.54)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($245.36)
-------------37.94
15.09
-------------106.81
=============
=============
TOTAL COST
$226.54
$295.42
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($226.54)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($280.33)
($295.42)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 8
Table 3C. Variable Operating Costs; Alfalfa Stand Establish, 1998
COUNTY:Graham
CROP:
Alfalfa Hay
AREA:
Safford Valley
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
Jul
Aug
Aug
Aug
Sep
Sep
Sep
Sep
Sep
FARM: Graham County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
---- Hours * ---Machine Labor
Disk
Plow
Landplane
Apply Fert/Ground
Plant
Disk Ends
Buck Rows
Irrigate
Irrigate
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.300
0.900
0.273
0.225
0.300
0.045
0.045
1.000
0.333
1.000
0.303
0.250
0.330
0.050
0.100
0.403
0.607
Page 12
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
2/4/99
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
4.47
14.90
2.32
1.69
3.47
0.67
0.33
5.56
7.57
2.73
8.19
2.48
2.05
2.70
0.41
0.75
2.75
4.14
29.96
65.94
Times
7.19
23.09
4.80
33.70
72.11
1.08
1.08
2.75
9.70
3.0
1.0
2.0
1.0
1.0
1.0
1.0
2.1
0.9
4.28
Tot. Cash
Expenses
21.58
23.09
9.60
33.70
72.11
1.08
1.08
5.78
8.73
7.57
4.28
Class
L
L
L
G
L
G
G
G
G
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
188.60
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
$12.50 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
126.39
Growing (G)
50.36
Harvest (H)
0.00
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
11.85
=============
Total (T)
$188.60
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 8
Table 3D. Resource and Cash Flow Requirements; Alfalfa Stand Establish, 1998
COUNTY:Graham
CROP:
Alfalfa Hay
AREA:
Safford Valley
Month *
Number
Irrigations
JUL C
AUG C
SEP C
2.0
OCT C
1.0
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
3.0
FARM: Graham County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
12.0
6.0
Page 13
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.33
2.52
1.41
0.46
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
2/4/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
4.47
30.16
7.81
1.67
7.57
2.73
20.65
10.20
3.17
4.28
7.19
80.78
83.94
4.84
7.57
4.28
4.28
2.27
188.60
100.00
29.96
65.94
**
18.0
4.73
51.68
27.40
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
22.0
Total P
104.0
Total K
0.0
Total Labor
4.7
Total Water
18.0
29.96
15.89
65.94
34.96
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
19.1 Gal
Unleaded Gas
3.0 Gal
Electric / Pumping
59.7 KWH
All Direct Energy
3.2 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Fertilizer Broadcaster,
0.22 Hr
Moldboard Plow, 3-16 2
0.90 Hr
Rowbuck, 10'
0.05 Hr
Tractor, 150 PTO HP
0.90 Hr
Grain Drill 12' W/Fert Box
Offset Disk, 13.5'
Tractor, 100 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
200.00 Lb
Water, Pump
5.40 AI
Alfalfa Sd, Cert
LABOR REQUIREMENT ( per Acre)
Irrigators
1.39 Hr
36.74
19.48
Other
0.30 Hr
0.95 Hr
1.12 Hr
25.00 Lb
0.05 Hr
Landplane 12'X 45'
Pickup Truck, 1/2 Ton
Tractor, 125 PTO HP
Water, District
Tractor
0.55 Hr
1.00 Hr
0.95 Hr
12.60 AI
3.28 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$12.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 8
Table 3E. Schedule of Operations; Alfalfa Stand Establish, 1998
COUNTY:Graham
CROP:
Alfalfa Hay
AREA:
Safford Valley
First
No.MonthTimes
FARM: Graham County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Operation
1
2
3
4
5
6
7
Jul
Aug
Aug
Aug
Sep
Sep
Sep
3.0
1.0
2.0
1.0
1.0
1.0
1.0
Disk
Plow
Landplane
Apply Fert/Ground
Plant
Disk Ends
Buck Rows
8
9
Sep
Sep
2.1 Irrigate
0.9 Irrigate
Pickup use 30 Mi/Ac
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
125 Offset Disk, 13.5'
150 Moldboard Plow, 3-16 2
100 Landplane 12'X 45'
100 Fertilizer Broadcaster,
100 Grain Drill 12' W/Fert Box
125 Offset Disk, 13.5'
100 Rowbuck, 10'
Pickup Truck, 1/2 Ton
Page 14
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
2/4/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
3.00
1.00
3.30
4.00 11-52-00, Dry
3.00 Alfalfa Sd, Cert
20.00
20.00
2.50 Water, District
1.60 Water, Pump
1.00
200.00 Lb 284.00 Tn
25.00 Lb 250.00 CW
6.00 AI
6.00 AI
0.00 AF
11.12 AF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Other
Irrigators
Irrigators
*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 8 / 8