Table
7A. Income and Cash Operating Cost Summary, Corn, 1996
COUNTY: Greenlee
CROP:
Corn Grain
AREA:
Duncan Valley
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
8,000.0 Lb/Acre
Item
INCOME ->
Page
Grain
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
25
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Pound
8,000.00
$0.0557
$445.60
$445.60
____________
44.63
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/Contract
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs & Maint.
20.36
22.35
1.93
319.47
202.07
54.49
62.91
26.47
11.98
14.49
34.15
29.97
4.18
Other Purchased Inputs & Services
Seed/Transplants
31.58
31.58
__________
456.30
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
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
9.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
Notes: The above figures do not include ownership costs, see Table
1.61
Your Farm
Budget
____________
____________
____________
85.50
__________
88.96
____________
____________
____________
____________
____________
____________
____________
____________
12.38
14.60
==========
$572.24
(
$126.64)
____________
____________
============
____________
____________
1.61
1.84
0.93
0.91
7B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/14
Table
7B. Allocation of Ownership Costs; Corn, 1996
COUNTY: Greenlee
CROP:
Corn Grain
AREA:
Duncan Valley
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
8,000.0 Lb/Acre
Page
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0557/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
26
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$445.60
|
572.24
( $126.64)
|
( $126.64)
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
2.90
|
2.90
Wells & Irrig. System
1.99
|
1.99
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
28.61
|
28.61
General Farm Maint. ( 3% of Tot. Oper. Exp.)
17.17
|
17.17
________
|
_________
Total Cash Overhead Expenses
50.67
|
50.67
|
Total Cash Oper. & Over. Cost
622.91
|
622.91
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
177.31)
|
(
177.31)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
16.37
Wells & Irrig. System
|
24.12
Interest on Equity, Machinery & Vehicles
|
8.59
Wells & Irrig. System
|
5.97
|
_________
Total Capital Allocations
|
55.04
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ——————————————————————————>(
177.31)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
232.36)
__________
|
___________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($480 X 16% X .06830)
5.24
|
5.24
Opport. Inter. on Land (100% X 6.0% X $480)
|
28.80
—————
|
—————
Total Land Costs
5.24
|
34.04
RETURNS TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>(
182.56)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
266.40)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
45.77
________
|
__________
TOTAL OWNERSHIP COST
55.91
|
185.54
========
|
==========
TOTAL COST
$628.16
|
$757.78
RETURN TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>( $182.56)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>( $312.18)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$445.60
572.24
Lb)
$0.0715
$0.0069
$0.0785
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/14
$0.0715
$0.0231
$0.0947
Table
7C. Variable Operating Costs; Corn, 1996
COUNTY: Greenlee
CROP:
Corn Grain
AREA:
Duncan Valley
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Jan
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Jun
Jun
Jun
Jul
Aug
Sep
Sep
Sep
Sep
Oct
Page
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
8,000.0 Lb/Acre
Operation
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Plow
Disk
Landplane
Apply Herb. & Incorporate
Apply Fert/Ground
List
Buck Rows
Preirrigate
Apply Fert/Ground
Disk Ends
Mulch
Plant
Remove Cap
Apply Fert/Ground
Irrigate
Cultivate
Irrigate/Run Fertilizer
Apply Insecticide/Air
Prepare Ends
Combine Harvest
Field Transport
Drying
80.0 CW
Haul, Custom
80.0 CW
Disk Residue
Pickup Use 50 Mi/Ac
Operating Interest at 9.00%
0.360
0.180
0.225
0.129
0.075
0.180
0.022
0.150
0.022
0.150
0.180
0.090
0.129
0.125
0.022
0.150
0.129
1.670
0.400
0.200
0.250
0.143
0.083
0.200
0.050
0.704
0.167
0.025
0.167
0.400
0.100
0.143
0.279
0.125
0.279
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.025 |
|
0.167 |
|
|
0.143 |
4.99
2.32
2.26
1.91
0.68
1.88
0.19
7.59
2.13
0.28
1.28
2.40
0.77
1.76
3.79
1.26
3.79
3.36
1.68
2.10
1.20
0.70
1.68
0.39
5.92
1.40
0.21
1.40
3.08
0.84
1.20
2.35
1.05
2.35
62.91
33.08
55.91
50.59
83.32
29.76
11.74
6.00
0.28
0.21
1.56
1.40
45.50
20.00
20.00
1.96
12.38
1.20
15.16
TOTAL CASH OPERATING EXPENSES:
$74.82
$46.25
$112.66
$339.05
8.35
4.00
4.36
66.02
34.46
3.56
0.58
13.51
59.44
0.49
2.68
56.07
1.61
86.28
6.14
2.31
35.90
17.74
0.49
45.50
2.96
20.00
20.00
3.16
27
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
Times
1.0
1.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
6.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
8.35
4.00
4.36
66.02
34.46
3.56
1.74
13.51
59.44
0.49
2.68
56.07
1.61
86.28
36.84
2.31
35.90
35.48
0.49
45.50
2.96
20.00
20.00
3.16
12.38
15.16
________
$572.78
L
L
L
G
G
L
G
G
G
G
L
L
G
G
G
G
G
G
H
H
H
P
H
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)
$82.18
Growing (G)
374.09
Harvest (H)
68.95
Post Harvest (P)
20.00
Marketing (M)
0.00
Operating Overhead (O)
27.54
———————
Total (T)
$572.77
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
—————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.04
$0.05
$0.05
$0.06
$0.06
Break-even
|————————————————————————————————————————————————————————————————
-25%
6,000.0
|
-299.88
-249.75
-216.33
-182.91
-132.78
0.09
-10%
7,200.0
|
-263.10
-202.94
-162.84
-122.73
-62.58
0.07
Budgeted 8,000.0
|
-238.57
-171.73
-127.17
-82.61
-15.77
0.07
+10%
8,800.0
|
-214.05
-140.52
-91.51
-42.49
31.02
0.06
+25%
10,000.0
|
-177.26
-93.71
-38.01
17.68
101.23
0.05
Break-even Yield
| 15,782.41 12,402.28 10,852.73 9,647.38 8,269.67
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/14
Table
7D. Resource and Cash Flow Requirements; Corn, 1996
COUNTY: Greenlee
CROP:
Corn Grain
AREA:
Duncan Valley
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
8,000.0 Lb/Acre
Total
Labor (Hrs)
|
|
|
JAN C
FEB C
MAR C
1.0
8.0
APR C
MAY C
JUN C
3.0
12.0
JUL C
2.0
8.0
AUG C
1.0
4.0
SEP C
1.0
4.0
OCT C
NOV C
Pickup Use 50 Mi/Ac
Operating Interest at 9.0%
0.40
0.45
1.18
0.46
0.58
0.96
0.55
0.35
0.29
0.19
0.10
|
|
|
|
|
|
|
|
|
|
|
Total
%
5.54
Month *
Number
Irrig.
8.0
Water
Applied
(Inches)
36.0
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 100 PTO HP, MFWD
Landplane 12’X 45'
Fertilizer Broadcaster, Towed
Fertilizer Spreader, 28'
Fertilizer Injector, 6 Row
Tractor, 125 PTO HP, MFWD
MATERIALS REQUIREMENTS(/Acre)
Dicamba
Water, Pump
Phorate
LABOR REQUIREMENTS(/Acre)
Tractor
P = Previous Year
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
4.99
4.58
12.25
4.27
4.55
12.63
7.58
4.27
3.95
1.99
1.37
12.38
|
|
74.82
13.73
3.36
3.78
9.89
3.81
4.72
8.09
4.69
2.94
2.49
1.62
0.84
Natural Gas/Pumping
All Direct Energy
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
77.7
10.0
Moldboard Plow, 4-16 2 Way
Dbl. Offset Disk, 16'
Lister, 5 Bottom
Section Harrow, 3 Section
Rolling Cultivator, 6 Rw
Pickup Truck, 1/2 Ton
5.00 Pt
36.00 AI
10.00 Lb
2.61 Hrs
Cyanazine
46-00-00, Urea 46
32-00-00, URAN 32, Lqd
C = Current Year
Other
95.99
86.61
71.63
29.76
23.48
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
15.16
8.36
8.37
118.13
104.17
103.01
50.48
47.75
7.21
30.68
36.86
2.21
12.38
15.16
84.66
15.54
544.78
100.00
9.48
22.11
12.00
24.25
33.25
46.25
8.48
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
11.8
Regular Gas
0.0
NonLead Gas
5.0
2.23
0.23
0.08
0.15
0.13
0.13
28
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
496.2 lbs
Total P
104.0 lbs
Total K
0.0 lbs
Total Labor
5.5 Hrs
Total Water
36.0 AI
* NOTE:
Page
307.47
56.44
31.58
5.79
Gal
Gal
Gal
Therms
M BTU
0.36
0.13
0.18
0.24
0.13
1.67
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
1.00 Qt
300.00 Lb
95.00 Ga
0.28 Hrs
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8 Row
Rowbuck, 10'
Planter, 4 Row
Grain Cart, 400 BU
11-52-00, Dry
Field Corn Sd
Chlorpyrifos
0.35
0.13
0.07
0.18
0.15
Hrs
Hrs
Hrs
Hrs
Hrs
200.00 Lb
32.00 Th
4.00 Pt
Irrigators
N = Next Year
2.66 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/14
Table
7E
Schedule of Operations; Corn, 1996
COUNTY: Greenlee
CROP:
Corn Grain
AREA:
Duncan Valley
First
No. Month Times
Operation
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
8,000.0 Lb/Acre
Page
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Corn Grain
Job Rate
Acres/Hr
Jan
Feb
Feb
Mar
1.0
1.0
1.0
1.0
5
6
7
Mar
Mar
Mar
1.0 Apply Fert/Ground
1.0 List
3.0 Buck Rows
Moldboard Plow, 4-16 2
2.50
Offset Disk, 16.5'
5.00
Landplane 12’X 45'
4.00
Dbl. Offset Disk, 16'
7.00 Dicamba
Saddle Tk Sprayer, 2 Tk
Cyanazine
100 Fertilizer Broadcaster, 12.00 11-52-00, Dry
100 Lister, 5 Bottom
5.00
100 Rowbuck, 10'
40.00
8
9
10
11
12
Mar
Apr
Apr
Apr
Apr
1.0
1.0
1.0
1.0
1.0
Preirrigate
Apply Fert/Ground
Disk Ends
Mulch
Plant
100
100
100
100
13
14
15
16
17
Apr
Apr
Jun
Jun
Jun
1.0
1.0
6.0
1.0
1.0
Remove Cap
100 Section Harrow, 3 Secti
Apply Fert/Ground
100 Fertilizer Injector, 6
Irrigate
Cultivate
100 Rolling Cultivator, 6 R
Irrigate/Run Fertiliz
18
19
20
21
22
23
24
Jul
Aug
Sep
Sep
Sep
Sep
Oct
2.0
1.0
1.0
1.0
1.0
1.0
1.0
Apply Insecticide/Air
Prepare Ends
100
Combine Harvest
Field Transport
100
Drying
Haul, Custom
Disk Residue
125
Pickup Use 50 Mi/Ac
* NOTE:
Plow
100
Disk
100
Landplane
100
Apply Herb. & Incorpo100
Fertilizer Spreader, 28
Offset Disk, 16.5'
Section Harrow, 3 Secti
Planter, 4 Row
CST Air Spray, 3 Gal Mi
Offset Disk, 16.5'
CST Combine Wheat
Grain Cart, 400 BU
CST Dry Corn
CST Haul Grain
Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
———— Material Use & Cost ———
Service Cost
Name
Appl. Rate
$/Unit
$/Unit
1
2
3
4
5.00 Pt
1.00 Qt
200.00 Lb
1.42 Water, Pump
8.00
6.00 46-00-00, Urea 46 300.00
40.00
6.00
5.00 Field Corn Sd
32.00
Phorate
10.00
10.00
7.00 32-00-00, URAN 32, 70.00
3.58 Water, Pump
4.00
8.00
3.58 Water, Pump
4.00
32-00-00, URAN 32, 25.00
Chlorpyrifos
2.00
40.00
29
Labor
Type
Tractor
Tractor
Tractor
Tractor
85.76 Ga
25.26 Ga
315.00 Tn
AI
Lb
11.38 AF
355.00 Tn
Th
Lb
0.94 Th
1.81 Lb
Ga
AI
205.00 Tn
11.38 AF
AI
Ga
Pt
11.38 AF
205.00 Tn
44.73 Ga
Tractor
Tractor
Tractor
Other
Irrigator
Tractor
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Irrigator
Tractor
Irrigator
6.00 Ac
Tractor
17.50 Ac
6.00
Tractor
0.25 Tn
0.25 CW
7.00
0.60
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
F10/14