Table
6A. Income and Cash Operating Cost Summary, Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
Item
Unit
Page
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Quantity
INCOME ->
Lint
Pound
890.00
Cottonseed
Ton
0.79
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs & Maint.
Budgeted
/Acre
Total
/Acre
$0.7200
114.6000
$640.80
90.53
$731.33
96.26
52.38
28.04
15.84
198.52
137.70
17.74
4.73
38.34
55.29
27.18
28.11
45.53
39.96
5.57
21.75
15.75
6.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Chemicals & Custom Applications
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
Cotton Ginning
Crop Assessments
Other Materials
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
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
Price
/Unit
Other Purchased Inputs & Services
Seed/Transplants
Other Services & Rentals
19
_________
417.35
24.11
11.21
12.90
21.77
21.77
68.28
14.76
53.52
2.67
78.53
5.07
0.01
_________
200.43
14.86
12.55
=========
$645.19
$86.14
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
============
____________
____________
6B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/11
Table
6B. Allocation of Ownership Costs; Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
Page
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.7200/Lb + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
20
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$731.33
|
645.18
$86.14
|
$86.14
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
11.47
|
11.47
Wells & Irrig. System
2.67
|
2.67
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
32.25
|
32.25
General Farm Maint. ( 3% of Tot. Oper. Exp.)
19.36
|
19.36
_________
|
_________
Total Cash Overhead Expenses
65.75
|
65.75
|
Total Cash Oper. & Over. Cost
710.94
|
710.94
RETURNS OVER CASH OPER. & OVER. EXPENSES.
20.38
|
20.38
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
79.54
Wells & Irrig. System
|
32.16
Interest on Equity, Machinery & Vehicles
|
37.21
Wells & Irrig. System
|
7.97
|
_________
Total Capital Allocations
|
156.87
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>
20.38
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>(
136.49)
_________
|
__________
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 —————————————————————————————————>
15.13
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
170.54)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
51.61
_________
|
_________
TOTAL OWNERSHIP COST
71.00
|
308.29
=========
|
=========
TOTAL COST
$716.19
|
$953.48
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————> $15.13
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>( $222.15)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$731.33
645.18
Lb)
$0.6232
$0.0797
$0.7029
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/11
$0.6232
$0.3464
$0.9696
Table
6C. Variable Operating Costs; Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Jan
Jan
Jan
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
May
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Sep
Oct
Oct
Oct
Oct
Oct
* NOTES:
Page
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
Operation
Disk
Plow
Rip
Laser Level
Landplane
Apply Fert/Ground
Apply Herb. & Incorporate
List
Buck Rows
Preirrigate
Disk Ends
Mulch
Plant
Remove Cap
Cultivate
Irrigate
Hand Weeding
Apply Fert/Ground
Cultivate
Apply Fert/Inject
Field Scouting
Cultivate
Apply Insecticide/Air
Apply Growth Regulator
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Haul, Custom
0.2 Mu
Cotton Ginning
26.2 Cs
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
0.180
0.600
0.600
0.900
0.450
0.150
0.150
0.180
0.030
0.030
0.300
0.225
0.150
0.450
0.150
0.300
0.300
0.225
0.900
0.450
0.200
0.667
0.667
1.000
0.500
0.167
0.167
0.200
0.033
0.630
0.033
0.333
0.250
0.167
0.500
0.314
1.667
0.167
0.333
0.333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.250 |
|
|
|
1.000 |
0.500 |
|
|
1.97
7.02
5.79
8.50
4.52
2.13
1.82
1.88
0.26
11.38
0.33
3.51
3.00
1.28
4.71
5.69
1.58
3.14
3.70
1.68
5.61
5.61
8.41
4.20
1.40
1.40
1.68
0.28
5.30
0.28
2.80
2.10
1.40
4.20
2.64
14.02
1.40
2.80
2.80
32.81
4.73
15.75
39.05
32.92
6.00
2.35
2.10
6.00
8.32
8.32
34.88
6.77
25.30
16.47
13.45
8.41
4.20
0.01
78.53
3.65
12.63
11.40
16.91
8.72
36.34
7.95
3.56
0.54
16.68
0.61
6.31
20.85
2.68
8.91
8.33
14.02
42.03
5.94
39.42
6.00
4.45
31.30
24.79
21.77
43.29
10.97
0.01
78.53
21
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
Times
2.0
0.5
0.5
0.3
0.7
1.0
1.0
1.0
3.0
1.0
4.0
1.0
1.0
1.0
1.0
6.0
2.0
1.0
1.0
2.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
7.30
6.32
5.70
5.07
6.11
36.34
7.95
3.56
1.62
16.68
2.43
6.31
20.85
2.68
8.91
49.98
28.04
42.03
5.94
78.84
6.00
8.91
31.30
24.79
21.77
43.29
10.97
0.01
78.53
See next page for notes.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/11
L
L
L
L
L
G
G
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
P
Table
6C. Variable Operating Costs; Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
First
No. Month
30
31
32
33
34
35
Nov
Dec
Dec
Dec
Jan
Jan
Page
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
Operation
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Cotton, Second Pick
Cotton, Rood
Cotton Classing
1.8 Ba
Crop Assessment
1.8 Ba
Cut Stalks
Disk Residue
Pickup Use 60 Mi/Ac
Operating Interest at 9.00%
0.600
0.300
0.450
0.180
2.000
0.667 |
0.333 |
|
|
0.500 |
0.200 |
23.25
3.84
5.61
2.80
28.86
6.64
2.67
5.07
8.40
3.65
2.67
5.07
4.20
1.97
14.85
4.20
1.68
13.96
TOTAL CASH OPERATING EXPENSES:
$183.95
$120.33
$128.87
$213.41
22
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
Times
0.8
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
23.09
6.64
2.67
5.07
8.40
3.65
14.85
13.96
________
$646.56
H
H
M
M
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.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$64.86
Growing (G)
352.44
Harvest (H)
105.75
Post Harvest (P)
86.92
Marketing (M)
7.74
Operating Overhead (O)
28.81
———————
Total (T)
$646.56
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.54
$0.64
$0.72
$0.79
$0.90
Break-even
|———————————————————————————————————————————————————————————————
-25%
667.5
|
-236.00
-163.91
-115.85
-67.79
4.29
0.89
-10%
801.0
|
-193.97
-107.47
-49.79
7.87
94.38
0.78
Budgeted
890.0
|
-165.96
-69.84
-5.76
58.31
154.43
0.72
+10%
979.0
|
-137.94
-32.21
38.27
108.76
214.49
0.68
+25%
1,112.5
|
-95.92
24.22
104.32
184.42
304.57
0.62
Break-even Yield
| 1,417.20 1,055.19
901.64
787.11
661.13
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/11
Table
6D. Resource and Cash Flow Requirements; Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
JAN C
FEB C
MAR C
1.0
12.0
APR C
MAY C
1.0
6.0
JUN C
1.0
6.0
JUL C
2.0
12.0
AUG C
2.0
12.0
SEP C
OCT C
NOV C
DEC C
JAN N
Pickup Use 60 Mi/Ac
Operating Interest at 9.0%
Total
%
7.0
|
|
|
Total
Labor (Hrs)
1.06
0.81
1.03
0.78
0.81
1.46
2.94
2.29
48.0
14.31
|
|
MATERIALS REQUIREMENTS(/Acre)
16-20-00, Dry
Upland Cotton Sd+Fung
Chlorpyrifos
Sodium Chlorate
LABOR REQUIREMENTS(/Acre)
Tractor
Harvest
* NOTE:
P = Previous Year
10.35
7.85
15.34
8.13
10.40
17.05
18.02
11.38
8.97
6.87
8.66
6.58
6.85
12.30
24.76
19.30
17.56
36.04
10.81
6.17
14.85
7.01
8.69
4.48
5.89
183.95
28.44
Natural Gas/Pumping
All Direct Energy
250.00
20.00
2.00
2.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
103.7
16.4
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Offset Disk, 12'
Drag Scraper, 10'
Landplane 12’X 45'
Tandem Disk, 12'
Power Mulcher, 4 Rw
Sled Cultivator, 4Rw
Cotton Picker, 2 Row
Rotary Stalk Cutter, 2 Row
Lb
Lb
Pt
Ga
Trifluralin
20-0-0-40, Nitro-Sul
Mepiquat Chloride
Paraquat
7.56 Hrs
1.53 Hrs
C = Current Year
Irrigators
13.95
19.32
47.53
28.73
30.46
17.25
107.32
107.00
30.68
24.79
62.04
99.70
30.89
12.05
14.85
13.95
128.87
19.93
646.59
100.00
32.81
4.73
15.75
120.37
18.61
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
38.4
Regular Gas
0.0
NonLead Gas
6.0
6.24
0.30
0.27
0.15
0.09
0.15
0.60
0.30
23
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
215.8 lbs
Total P
89.6 lbs
Total K
0.0 lbs
Total Labor
14.3 Hrs
Total Water
48.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 100 PTO HP, MFWD
V-Ripper, 5 Shnk
Laser Trailer
Saddle Tk Sprayer, 2 Tk 8 Row
Rowbuck, 10'
Section Harrow, 3 Section
Fertilizer Injector, 4 Row
Rood, 3 Row W/Basket Cleaner
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
|
|
|
|
|
|
|
|
|
|
|
|
|
0.83
1.03
0.53
0.70
Page
71.97
58.22
6.00
6.00
16.47
13.45
8.32
24.03
54.97
15.60
197.65
30.57
15.76
2.43
Gal
Gal
Gal
Therms
M BTU
0.66
0.27
0.32
0.15
0.30
1.20
1.38
0.45
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Moldboard Plow, 3-16 2 Way
Laser Receiver, Mast System
Fertilizer Spreader, 28'
Lister, 5 Bottom
Planter, 4 Row
Directed Spray Rig, 16 Row
Module Builder
Pickup Truck, 1/2 Ton
1.20
30.00
1.00
0.25
Pt
Ga
Pt
Pt
Water, Pump
18-06-00, Lqd
Ethephon
Module Tarps
1.88 Hrs
0.30
0.27
0.15
0.18
0.23
0.15
0.45
2.00
48.00
60.00
1.00
0.10
Hand Weeders
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
AI
Ga
Qt
CW
N = Next Year
3.33 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F10/11
Table
6E
Schedule of Operations; Upland Cotton, 1996
COUNTY: Greenlee
CROP:
Cotton, Upland
AREA:
Duncan Valley
First
No. Month Times
FARM: Greenlee County Farm
ACRES:
1.0
YIELD:
890.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
1
2
3
4
Jan
Jan
Jan
Feb
2.0
0.5
0.5
0.3
5
6
7
Feb
Feb
Mar
0.7 Landplane
100
1.0 Apply Fert/Ground
100
1.0 Apply Herb. & Incorpo100
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
May
Jun
Jun
Jun
Jun
Jun
Jun
Jul
1.0
3.0
1.0
4.0
1.0
1.0
1.0
1.0
6.0
2.0
1.0
1.0
2.0
1.0
2.0
1.0
24
25
Sep
Oct
1.0 Apply Growth Regulato
1.0 Apply Defoliant/Air
26
27
28
29
30
31
32
33
34
35
Oct
Oct
Oct
Oct
Nov
Dec
Dec
Dec
Jan
Jan
1.0
1.0
1.0
1.0
0.8
1.0
1.0
1.0
1.0
1.0
* NOTE:
Disk
Plow
Rip
Laser Level
100
100
100
100
List
100
Buck Rows
100
Preirrigate
Disk Ends
100
Mulch
100
Plant
100
Remove Cap
100
Cultivate
100
Irrigate
Hand Weeding
Apply Fert/Ground
100
Cultivate
100
Apply Fert/Inject
100
Field Scouting
Cultivate
100
Apply Insecticide/Air
Cotton, First Pick
Cotton, Make Modules
Haul, Custom
Cotton Ginning
Cotton, Second Pick
Cotton, Rood
Cotton Classing
Crop Assessment
Cut Stalks
Disk Residue
Pickup Use 60 Mi/Ac
Page
WATER SOURCE:
DEastN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Job Rate
Acres/Hr
Offset Disk, 12'
5.00
Moldboard Plow, 3-16 2
1.50
V-Ripper, 5 Shnk
1.50
Drag Scraper, 10'
1.00
Laser Receiver, Mast Sy
Laser Trailer
Landplane 12’X 45'
2.00
Fertilizer Spreader, 28
6.00
Saddle Tk Sprayer, 2 Tk
6.00
Tandem Disk, 12'
Lister, 5 Bottom
5.00
Rowbuck, 10'
30.00
1.59
Offset Disk, 12'
30.00
Power Mulcher, 4 Rw
3.00
Planter, 4 Row
4.00
Section Harrow, 3 Secti
6.00
Sled Cultivator, 4Rw
2.00
3.18
0.60
Directed Spray Rig, 16
6.00
Sled Cultivator, 4Rw
3.00
Fertilizer Injector, 4
3.00
CST Scout For Insects
Sled Cultivator, 4Rw
4.00
CST Air Spray, 3 Gal Mi
CST Air Spray, 5 Gal Mi
CST Air Spray, 5 Gal Mi
Cotton Picker, 2 Row
100 Module Builder
CST Haul Cotton Modules
CST Gin Upland Cotton
Cotton Picker, 2 Row
100 Rood, 3 Row W/Basket Cl
CST Class Cotton, HVI
CST Upland (High Elev)
100 Rotary Stalk Cutter, 2
100 Offset Disk, 12'
Pickup Truck, 1/2 Ton
24
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/04/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Labor
Type
Tractor
Tractor
Tractor
Tractor
16-20-00, Dry
Trifluralin
250.00 Lb
1.20 Pt
Water, Pump
12.00 AI
11.38 AF
Upland Cotton Sd+F
20.00 Lb
75.00 CW
6.00 AI
11.38 AF
20-0-0-40, Nitro-S
30.00 Ga
261.00 Tn
18-06-00, Lqd
30.00 Ga
190.00 Tn
Water, Pump
Tractor
Tractor
Tractor
250.00 Tn
30.06 Ga
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Hand Weed
Tractor
Tractor
Tractor
6.00 Ac
Tractor
Chlorpyrifos
Mepiquat Chloride
Ethephon
Sodium Chlorate
Paraquat
2.00
1.00
1.00
2.00
0.25
Pt
Pt
Qt
Ga
Pt
44.73
103.28
62.74
6.08
20.73
Ga
Ga
Ga
Ga
Ga
6.00 Ac
8.32 Ac
8.32 Ac
1.00
2.00
Harvest
Tractor
Module Tarps
0.10 CW
0.05 CW
0.00 Mu
3.00 Cs
1.50
3.00
Harvest
Tractor
1.50 Ba
2.85 Ba
2.00
5.00
0.50
Tractor
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
F10/11