Table 5A. Income and Cash Operating Summary; Barley, 1998
COUNTY: Graham
CROP:
Barley
AREA:
Safford Valley
FARM: Graham County 98
ACRES:
1.0
YIELD:
5,500.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 20
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
5,500.00
Price/
Unit
$0.06
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Chemicals and Custom Applications
Fertilizer
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
Budgeted
/Acre
$346.50
Total
/Acre
Your Farm
Budget
$346.50
____________
36.71
____________
____________
____________
____________
58.49
____________
____________
15.40
____________
____________
____________
13.35
____________
____________
____________
44.31
____________
____________
8.45
25.76
2.50
58.49
5.49
9.91
Irrigation Water (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
12.34
1.01
44.31
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------168.25
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.41
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.23
0.44
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
0.41
____________
____________
0.67
____________
____________
____________
69.90
-------------70.98
____________
7.57
6.47
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$253.27
$93.23
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $25.00 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 / 10
Table 5B. Allocations of Ownership Costs; Barley, 1998
COUNTY:Graham
CROP:
Barley
AREA:
Safford Valley
FARM: Graham County 98
WATER SOURCE:
Surface/Pump
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
5,500.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 21
$0.06 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$346.50
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$346.50
$253.27
$253.27
$93.23
1.90
4.81
12.66
7.60
-------------26.97
$93.23
1.90
4.81
12.66
7.60
-------------26.97
280.24
280.24
$66.26
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$66.26
10.77
9.06
5.70
3.28
-------------28.82
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$66.26
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
8.93
8.93
36.00
25.00
-------------69.93
25.00
-------------Total Land Costs
33.93
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$32.33
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------60.90
20.26
-------------145.98
=============
=============
TOTAL COST
$314.17
$399.25
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$32.33
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
$37.44
$0.05
$0.01
$0.06
($32.49)
($52.75)
$0.05
$0.03
$0.07
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 10
Table 5C. Variable Operating Costs; Barley, 1998
COUNTY:Graham
CROP:
Barley
AREA:
Safford Valley
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Mar
Mar
Jun
Jun
Jun
Jul
Page 22
FARM: Graham County 98
ACRES:
1.0
YIELD:
5,500.0 Lb / Acre
---- Hours * ---Machine Labor
Disk
Landplane
Plant
Disk Ends
Buck Rows
Irrigate
Irrigate
Irrigate/Run Fertilizer
Irrigate/Run Fertilizer
Prepare Ends
Combine Harvest
Haul, Custom 54 CW
Disk Residue 54 CW
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.300
0.273
0.300
0.030
0.030
0.045
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.333
0.300
0.666
0.033
0.066
0.403
0.606
0.538
0.806
0.050
4.47
2.32
3.47
0.45
0.22
5.56
7.42
0.67
2.73
2.46
5.00
0.27
0.50
2.75
4.14
3.67
5.50
0.41
82.40
20.40
20.40
56.40
13.50
0.300
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
0.333
4.47
7.57
2.27
Tot. Cash
Expenses
Times
7.19
4.78
90.87
0.72
0.71
2.75
9.70
24.07
33.32
1.08
56.40
13.50
6.74
1.0
1.0
1.0
1.0
1.0
4.0
2.0
0.7
0.3
1.0
1.0
1.0
1.0
7.19
4.78
90.87
0.72
0.71
11.00
19.39
16.85
9.99
1.08
56.40
13.50
6.74
7.57
6.47
6.47
Class
L
L
L
G
G
G
G
G
G
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
253.27
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
$25.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
109.58
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
58.67
70.98
0.00
0.00
14.04
=============
Total (T)
$253.27
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
4,125.0
4,950.0
5,500.0
6,050.0
6,875.0
Break-even Yield
$0.05
$0.06
$0.06
$0.07
$0.08 Break-even Price
-40.79
-12.45
6.43
25.32
53.66
-1.81
34.32
58.41
82.50
118.63
24.18
65.51
93.06
120.61
161.94
50.17
96.69
127.71
158.73
205.25
89.15
143.47
179.68
215.90
270.22
5,312.64 4,166.28
3,642.32
3,235.42
2,771.08
0.06
0.05
0.05
0.04
0.04
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 8 / 10
Table 5D. Resource and Cash Flow Requirements; Barley, 1998
COUNTY:Graham
CROP:
Barley
AREA:
Safford Valley
Month *
Number
Irrigations
DEC P
1.0
JAN C
1.0
MAR C
2.0
APR C
2.0
MAY C
1.0
JUN C
JUL C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
7.0
FARM: Graham County 98
ACRES:
1.0
YIELD:
5,500.0 Lb / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
6.0
14.0
12.0
6.0
Page 23
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.18
1.18
1.08
0.93
0.46
0.05
0.33
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
7.69
7.69
3.89
3.34
1.67
0.67
4.47
7.57
8.78
8.78
7.39
6.33
3.17
0.41
2.27
19.04
19.04
20.40
22.15
22.15
6.47
57.67
57.67
31.68
9.67
4.83
61.87
15.85
7.57
6.47
76.37
30.15
232.27
100.00
60.79
9.11
**
44.0
5.22
36.98
14.60
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
148.0
Total P
60.0
Total K
0.0
Total Labor
5.2
Total Water
44.0
EQUIPMENT REQUIREMENTS ( per Acre)
Grain Drill 12' W/Fert Box
0.30 Hr
Pickup Truck, 1/2 Ton
1.00 Hr
Tractor, 125 PTO HP
0.68 Hr
37.12
14.66
58.49
23.09
44.31
17.50
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
7.5 Gal
Unleaded Gas
3.0 Gal
Electric / Pumping
159.3 KWH
All Direct Energy
2.0 M BTU
Landplane 12'X 45'
Rowbuck, 10'
MATERIALS REQUIREMENT ( per Acre)
16-20-00, Dry
300.00 Lb
Water, District
29.60 AI
82-00-00, Anhyd.
Water, Pump
LABOR REQUIREMENT ( per Acre)
Irrigators
3.78 Hr
Other
0.27 Hr
0.03 Hr
122.00 Lb
14.40 AI
0.37 Hr
Offset Disk, 13.5'
Tractor, 100 PTO HP,
Barley Sd, Cert
Tractor
0.68 Hr
0.60 Hr
175.00 Lb
1.08 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$25.00 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 / 10
Table 5E. Schedule of Operations; Barley, 1998
COUNTY:Graham
CROP:
Barley
AREA:
Safford Valley
First
No.MonthTimes
FARM: Graham County 98
ACRES:
1.0
YIELD:
5,500.0 Lb / Acre
Operation
Page 24
WATER SOURCE:
Surface/Pump
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
Dec
Dec
Dec
1.0 Disk
1.0 Landplane
1.0 Plant
125 Offset Disk, 13.5'
100 Landplane 12'X 45'
100 Grain Drill 12' W/Fert Box
4
5
Dec
Dec
1.0 Disk Ends
1.0 Buck Rows
125 Offset Disk, 13.5'
100 Rowbuck, 10'
6
7
8
Dec
Dec
Mar
4.0 Irrigate
2.0 Irrigate
0.7 Irrigate/Run Fertilizer
9
Mar
0.3 Irrigate/Run Fertilizer
10
11
12
13
Jun
Jun
Jun
Jul
1.0
1.0
1.0
1.0
Prepare Ends
Combine Harvest
Haul, Custom
Disk Residue
Pickup use 30 Mi/Ac
125 Offset Disk, 13.5'
CST Combine Barley
CST Haul Grain
125 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
3.00
3.30
3.00 Barley Sd, Cert
16-20-00, Dry
30.00
30.00
2.48 Water, District
1.65 Water, Pump
1.86 Water, District
82-00-00, Anhyd.
1.24 Water, Pump
82-00-00, Anhyd.
20.00
175.00 Lb 24.00 CW
300.00 Lb 240.67 Tn
6.00
6.00
8.00
122.00
8.00
122.00
Labor
Type
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Other
Irrigators
Irrigators
Irrigators
AI
0.00 AF
AI 11.12 AF
AI
0.00 AF
Lb 317.00 Tn
AI 11.12 AF
Lb 317.00 Tn
Irrigators
Tractor
37.50 Ac
0.25 C
3.00
1.00
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 / 10