Table 6A. Income and Cash Operating Summary; Grain Sorghum, 1998
COUNTY: Greenlee
CROP:
Sorghum(Milo), Grain
AREA:
Duncan Valley
FARM: Greenlee County 98
ACRES:
1.0
YIELD:
5,500.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 25
WATER SOURCE:
Duncan East, Nat Gas
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
5,500.00
Price/
Unit
$0.11
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$605.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
Total
/Acre
Your Farm
Budget
$605.00
____________
52.74
____________
____________
____________
84.25
____________
____________
____________
____________
23.58
____________
____________
____________
48.39
____________
____________
____________
10.02
____________
____________
36.37
16.36
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
71.53
10.76
1.97
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
9.96
13.62
Irrigation Water (excluding labor)
Natural Gas/Pumping
Repairs and Maintenance
42.81
5.57
Other Purchased Inputs &
Seed/Transplants
10.02
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------218.98
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
4.36
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
1.81
2.08
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
4.36
____________
____________
3.89
____________
____________
____________
79.50
-------------87.76
____________
10.09
15.16
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$331.99
$273.01
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 76
Table 6B. Allocations of Ownership Costs; Grain Sorghum, 1998
Page 26
COUNTY:Greenlee
FARM: Greenlee County 98
WATER SOURCE:
Duncan East, Nat Gas
CROP:
Sorghum(Milo), Grain ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
AREA:
Duncan Valley
YIELD:
5,500.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
$0.11 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$605.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$605.00
$331.99
$331.99
$273.01
3.32
3.31
16.60
9.96
-------------33.19
$273.01
3.32
3.31
16.60
9.96
-------------33.19
365.18
365.18
$239.82
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$239.82
17.45
33.99
8.96
8.73
-------------69.14
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$239.82
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($400.00 X 16.0% X 0.084)
Opportunity Interest on Land (100% X 6.0 X $400.00)
5.44
5.44
24.00
-------------29.44
-------------Total Land Costs
5.44
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$234.39
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------38.63
26.56
-------------158.32
=============
=============
TOTAL COST
$370.61
$490.31
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$234.39
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
$170.69
$0.06
$0.01
$0.07
$141.25
$114.69
$0.06
$0.03
$0.09
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 76
Table 6C. Variable Operating Costs; Grain Sorghum, 1998
COUNTY:Greenlee
FARM: Greenlee County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Duncan Valley
YIELD:
5,500.0 Lb / Acre
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Feb
Mar
Mar
Apr
Apr
Apr
Apr
May
May
May
Jun
Jun
Jun
Jun
Aug
Nov
Nov
Nov
Dec
Dec
---- Hours * ---Machine Labor
Rip
Disk
Landplane
Apply Fert/Ground
List
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Irrigate/Run Fertilizer
Apply Herbicide/Ground
Irrigate
Apply Insecticide/Air
Prepare Ends
Combine Harvest
Haul, Custom 70 CW
Cut Stalks 70 CW
Disk Residue 70 CW
Pickup Use40 Mi/Acre
Operating Interest at 10.0
0.300
0.180
0.257
0.060
0.180
0.030
0.150
0.257
0.150
0.450
0.150
Page 27
WATER SOURCE:
Duncan East, Nat Gas
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.333
0.200
0.286
0.067
0.200
0.033
0.629
1.670
0.286
0.167
0.500
0.314
0.167
0.211
2.51
1.76
2.18
0.45
1.54
0.22
12.10
1.06
3.28
1.06
4.01
6.05
1.25
6.05
2.73
1.64
2.34
0.55
1.64
0.27
5.15
13.68
2.34
1.37
4.09
2.57
1.37
1.73
0.033
0.29
0.27
38.09
10.02
33.44
1.97
4.23
0.030
62.00
17.50
0.450
0.180
1.333
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
0.500
0.200
3.60
1.76
10.09
4.09
1.64
6.53
Tot. Cash
Expenses
Times
5.23
3.40
4.53
39.08
3.17
0.49
17.25
14.73
15.64
2.43
8.11
42.06
4.58
7.78
10.76
0.56
62.00
17.50
7.69
3.40
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
1.0
1.0
1.0
1.0
1.0
1.0
10.47
3.40
4.53
39.08
3.17
0.49
17.25
14.73
15.64
2.43
8.11
42.06
4.58
38.88
10.76
0.56
62.00
17.50
7.69
3.40
10.09
15.16
15.16
Class
L
L
L
G
L
G
G
L
L
G
G
G
G
G
G
H
H
H
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
331.99
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)
55.34
Growing (G)
163.63
Harvest (H)
80.06
Post Harvest (P)
7.69
Marketing (M)
0.00
Operating Overhead (O)
25.25
=============
Total (T)
$331.99
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.08
$0.10
$0.11
$0.12
$0.14 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
4,125.0
4,950.0
5,500.0
6,050.0
6,875.0
Break-even Yield
30.27
85.16
121.76
158.36
213.26
98.33
166.84
212.51
258.19
326.70
143.70
221.29
273.01
324.74
402.32
189.08
275.74
333.51
391.29
477.95
257.14
357.41
424.26
491.11
591.39
3,670.19 2,940.96
2,596.97
2,325.02
2,009.39
0.08
0.07
0.06
0.06
0.05
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 76
Table 6D. Resource and Cash Flow Requirements; Grain Sorghum, 1998
COUNTY:Greenlee
FARM: Greenlee County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Duncan Valley
YIELD:
5,500.0 Lb / Acre
Month *
Number
Irrigations
FEB C
MAR C
APR C
1.0
MAY C
JUN C
2.0
JUL C
2.0
AUG C
2.0
NOV C
DEC C
Pickup Use40 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
7.0
Water
Applied
(inches)
Total
Labor (Hrs)
12.0
12.0
12.0
12.0
Page 28
WATER SOURCE:
Duncan East, Nat Gas
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.67
0.49
0.93
2.12
1.19
0.42
0.42
0.03
0.70
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
5.02
3.94
14.30
5.40
17.35
12.10
12.10
0.29
5.36
10.09
5.45
3.98
7.61
17.38
9.76
3.46
3.46
0.27
5.73
15.16
10.47
7.92
60.00
32.80
62.53
15.55
26.31
80.06
11.09
10.09
15.16
98.89
29.79
331.99
100.00
38.09
10.02
35.41
6.53
4.23
79.50
**
48.0
6.97
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
212.0
Total P
60.0
Total K
0.0
Total Labor
7.0
Total Water
48.0
EQUIPMENT REQUIREMENTS ( per Acre)
Fertilizer Broadcaster,
0.06 Hr
Offset Disk, 12'
0.39 Hr
Rotary Stalk Cutter, 2 Row
0.45 Hr
Section Harrow, 3 Section
0.30 Hr
V-Ripper, 5 Shnk
0.60 Hr
85.95
25.89
57.10
17.20
80.02
24.10
10.02
3.02
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
15.4 Gal
Unleaded Gas
4.0 Gal
Nat Gas/Pumping
103.7 Therms
All Direct Energy
13.0 M BTU
Landplane 12'X 45'
Pickup Truck, 1/2 Ton
Rowbuck, 10'
Sled Cultivator, 4Rw
MATERIALS REQUIREMENT ( per Acre)
16-20-00, Dry
300.00 Lb
Dimethoate
2.00 Pt
2,4-d
Grain Sorghum Sd
LABOR REQUIREMENT ( per Acre)
Irrigators
2.00 Hr
Tractor
0.26
1.33
0.03
0.45
Hr
Hr
Hr
Hr
1.00 Pt
10.00 Lb
Lister, 5 Bottom
Planter, Drill Type, 4 Row
Saddle Tk Sprayer, 2 Tk 8
Tractor, 100 PTO HP,
82-00-00, Anhyd.
Water, Pump
0.18
0.26
0.15
3.12
Hr
Hr
Hr
Hr
200.00 Lb
48.00 AI
4.97 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 76
Table 6E. Schedule of Operations; Grain Sorghum, 1998
COUNTY:Greenlee
FARM: Greenlee County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Duncan Valley
YIELD:
5,500.0 Lb / Acre
First
No.Month Times
Operation
Page 29
WATER SOURCE:
Duncan East, Nat Gas
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
5
6
7
8
9
10
11
12
Feb
Mar
Mar
Apr
Apr
Apr
Apr
May
May
May
Jun
Jun
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Rip
Disk
Landplane
Apply Fert/Ground
List
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Irrigate/Run Fertilizer
100 V-Ripper, 5 Shnk
100 Offset Disk, 12'
100 Landplane 12'X 45'
100 Fertilizer Broadcaster,
100 Lister, 5 Bottom
100 Rowbuck, 10'
13
14
15
16
17
18
19
20
Jun
Jun
Aug
Nov
Nov
Nov
Dec
Dec
1.0
5.0
1.0
1.0
1.0
1.0
1.0
1.0
Apply Herbicide/Ground 100 Saddle Tk Sprayer, 2 Tk 8
Irrigate
Apply Insecticide/Air
CST Air Spray, 3 Gal Mix
Prepare Ends
100 Offset Disk, 12'
Combine Harvest
CST Combine Wheat
Haul, Custom
CST Haul Grain
Cut Stalks
100 Rotary Stalk Cutter, 2 Row
Disk Residue
100 Offset Disk, 12'
Pickup use 40 Mi/Ac
Pickup Truck, 1/2 Ton
100 Section Harrow, 3 Section
100 Planter, Drill Type, 4 Row
100 Section Harrow, 3 Section
100 Sled Cultivator, 4Rw
Job Rate
Acres/Hr
3.00
5.00
3.50
15.00
5.00
30.00
1.59
6.00
3.50
6.00
2.00
3.18
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/4/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
16-20-00, Dry
12.00 AI
12.10 AF
Grain Sorghum Sd
10.00 Lb
95.00 CW
Water, Pump
82-00-00, Anhyd.
6.00 2,4-d
4.75 Water, Pump
Dimethoate
30.00
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
Irrigators
300.00 Lb 240.67 Tn
Water, Pump
6.00
200.00
1.00
6.00
2.00
AI 12.10 AF
Lb 317.00 Tn
Pt 14.92 Ga
AI 12.10 AF
Pt 24.75 Ga
Labor
Types
Tractor
Irrigators
4.23 Ac
Tractor
37.50 Ac
0.25 C
2.00
5.00
0.75
Tractor
Tractor
*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 9 / 76