Table
5A. Income and Cash Operating Cost Summary, Alfalfa Hay w/Sheep, 1996
COUNTY: La Paz
CROP:
Alfalfa Hay w/Graze
AREA:
Parker CRIR
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
7.6 Tn/Acre
Item
INCOME ->
Alfalfa
Grazing
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/26/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Ton
Head Days
7.60
200.00
$82.0000
0.0900
$623.20
18.00
$641.20
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs & Services
Seed/Transplants
39.01
0.33
38.68
100.46
28.01
56.56
15.90
0.30
0.14
0.16
19.79
**
3.31
3.31
_________
162.86
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
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
14
39.14
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
14.82
_________
123.77
____________
____________
____________
____________
____________
____________
____________
____________
____________
10.50
0.04
=========
$297.18
$344.02
____________
____________
============
____________
____________
13.93
25.21
69.82
18.98
50.83
Notes: The above figures do not include ownership costs, see Table 5B on Next Page for detailed cost allocation.
** A water assessment charge of $31.50/Acre is included in the ownership costs of Table 5B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/ 5
Table
5B. Allocation of Ownership Costs; Alfalfa Hay w/Sheep, 1996
COUNTY: La Paz
CROP:
Alfalfa Hay w/Graze
AREA:
Parker CRIR
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
7.6 Tn/Acre
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $ 82.0000/Tn + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
15
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/26/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$641.20
|
297.17
$344.02
|
$344.02
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
9.99
|
9.99
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
14.85
|
14.85
General Farm Maint. ( 3% of Tot. Oper. Exp.)
8.92
|
8.92
________
|
_________
Total Cash Overhead Expenses
33.76
|
33.76
|
Total Cash Oper. & Over. Cost
330.94
|
330.94
RETURNS OVER CASH OPER. & OVER. EXPENSES.
310.25
|
310.25
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
68.46
Interest on Equity, Machinery & Vehicles
|
4.68
Stand Establishment ( 3 Year Crop)
175.82
|
175.82
|
_________
Total Capital Allocations
175.82
|
248.96
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ————————————————————————>
134.43
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>
61.29
_________
|
__________
Land Cost / Rent or Lease
100.00
|
100.00
Water Assessment **
31.50
|
31.50
—————
|
—————
Total Land Costs
131.50
|
131.50
RETURNS TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————>
2.93
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
70.20)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
23.77
________
|
_________
TOTAL OWNERSHIP COST
341.08
|
438.00
========
|
=========
TOTAL COST
$638.26
|
$735.18
RETURN TO MANAGEMENT, CAPITAL & RISK ———————————————————————————————>
$2.93
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>(
$93.98)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$641.20
297.17
Tn)
$36.73
$44.88
$81.61
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/ 5
$36.73
$57.63
$94.36
Table
5C. Variable Operating Costs; Alfalfa Hay w/Sheep, 1996
COUNTY: La Paz
CROP:
Alfalfa Hay w/Graze
AREA:
Parker CRIR
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
Jan
Mar
Mar
Mar
Mar
Mar
Apr
Apr
May
Oct
Oct
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
7.6 Tn/Acre
Operation
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Irrigate
Swathing
Raking
Baling
Roadsiding
Irrigate/Run Fertilizer
Apply Herbicide/Air
Apply Insecticide/Air
Apply Insecticide/Air
Scratch
Plant
Pickup Use 40 Mi/Ac
Operating Interest at 9.00%
0.180
0.180
0.129
0.082
0.180
0.162
1.330
0.286
0.200
0.200
0.143
0.091
0.250
|
|
|
|
|
|
|
|
|
0.200 |
0.180 |
2.47
1.70
3.14
1.42
2.08
1.45
1.74
1.04
0.66
1.82
0.26
1.85
14.55
10.40
7.96
5.87
5.50
6.00
6.00
1.03
1.93
10.50
1.74
1.57
33.08
0.04
TOTAL CASH OPERATING EXPENSES:
$80.62
$78.19
$32.54
$105.87
2.34
3.92
3.44
6.03
2.08
16.37
15.90
13.96
11.87
2.77
36.58
16
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/26/96
Times
16.0
8.0
8.0
8.0
8.0
3.0
1.0
1.5
3.0
0.1
0.1
Tot. Cash
Expense Class
37.44
31.36
27.50
48.26
16.62
49.11
15.90
20.94
35.61
0.28
3.66
10.50
0.04
_______
$297.22
G
H
H
H
H
G
G
G
G
G
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.
A water assessment charge of $31.50/Acre included as ownership cost in Table 5B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$3.65
Growing (G)
159.27
Harvest (H)
123.73
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
10.54
—————
Total (T)
$297.21
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$61.50
$73.80
$82.00
$90.20
$102.50 Break-even
|———————————————————————————————————————————————————————————————
-25%
5.7
|
84.26
154.37
201.11
247.85
317.96
46.71
-10%
6.8
|
135.81
219.94
276.03
332.12
416.25
41.64
Budgeted
7.6
|
170.18
263.66
325.98
388.30
481.78
39.10
+10%
8.3
|
204.54
307.37
375.92
444.48
547.30
37.03
+25%
9.5
|
256.09
372.94
450.84
528.74
645.59
34.54
Break-even Yield
|
3.83
3.01
2.63
2.34
2.01
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/ 5
Table
5D. Resource and Cash Flow Requirements; Alfalfa Hay w/Sheep, 1996
COUNTY: La Paz
CROP:
Alfalfa Hay w/Graze
AREA:
Parker CRIR
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
7.6 Tn/Acre
Total
Labor (Hrs)
|
|
|
0.28
1.17
1.17
1.17
1.20
1.20
1.20
1.20
1.24
0.28
0.28
|
|
|
|
|
|
|
|
|
|
|
JAN C
1.0
4.0
MAR C
2.0
9.0
APR C
2.0
9.0
MAY C
2.0
9.0
JUN C
2.0
8.0
JUL C
2.0
8.0
AUG C
2.0
8.0
SEP C
2.0
8.0
OCT C
2.0
8.0
NOV C
1.0
4.0
DEC C
1.0
4.0
Pickup Use 40 Mi/Ac
Operating Interest at 9.0%
Water Assessment
Total
%
19.0
79.0
MATERIALS REQUIREMENTS(/Acre)
Water, District
Trifluralin
Chlorpyrifos
LABOR REQUIREMENTS(/Acre)
Irrigators
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
17
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/26/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
8.73
8.73
8.73
8.73
8.73
8.73
8.73
9.02
3.12
8.34
4.17
4.17
2.08
8.78
8.78
8.78
9.05
9.05
9.05
9.05
9.38
2.08
2.08
9.34
23.72
23.17
5.87
5.87
1.85
1.85
1.85
1.85
1.85
1.85
1.85
5.16
0.03
2.08
28.70
51.58
54.53
31.50
31.50
19.63
22.75
31.90
6.25
6.25
10.50
0.03
32.53
10.94
297.19
100.00
8.50
12.00
6.00
6.00
10.50
**
10.43
|
|
19.80
6.66
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
20.4 lbs
Total P
69.9 lbs
Total K
0.0 lbs
Total Labor
10.4 Hrs
Total Water
79.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Windrower, 14.0', HS, SC
Baler, 3 wire w/motor
Tractor, 100 PTO HP, MFWD
Page
80.62
27.12
78.15
26.29
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
19.7
Regular Gas
0.0
NonLead Gas
4.0
All Direct Energy
1.44 Hrs
1.03 Hrs
0.02 Hrs
79.00 AI
10.00 Lb
0.00 Pt
5.33 Hrs
3.2
67.97
22.87
18.13
6.09
Gal
Gal
Gal
M BTU
Tractor, 70 PTO HP, MFWD
Bale Wagon, SP PRC
Grain Drill, 16'
2.49 Hrs
0.66 Hrs
0.02 Hrs
Rake, 9.5' LH AND RH
Section Harrow, 4 Section
Pickup Truck, 1/2 Ton
Twine, Plastic, 6500 ‘
Carbofuran
Alfalfa Sd, Cert
3.92 TF
1.50 Pt
1.50 Lb
10-34-00, Lqd
Chlorpyrifos
Harvest
3.47 Hrs
Tractor
* NOTE: P = Previous Year C = Current Year
N = Next Year
** A water assessment charge of $31.50/Acre included as ownership cost in Table
1.44 Hrs
0.02 Hrs
1.33 Hrs
18.00 Ga
3.00 Pt
5B.
1.64 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/ 5
Table
5E
Schedule of Operations; Alfalfa Hay w/Sheep, 1996
COUNTY: La Paz
CROP:
Alfalfa Hay w/Graze
AREA:
Parker CRIR
First
No. Month Times
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
7.6 Tn/Acre
Operation
Equipment/Custom Oper.
HP
Self-Prop./Implem.
1
2
3
4
5
6
Jan 16.0 Irrigate
Mar 8.0 Swathing
Windrower, 14.0', HS, S
Mar 8.0 Raking
70 Rake, 9.5' LH AND RH
Mar 8.0 Baling
70 Baler, 3 wire w/motor
Mar 8.0 Roadsiding
Bale Wagon, SP PRC
Mar 3.0 Irrigate/Run Fertiliz
7
8
9
Apr
Apr
May
1.0 Apply Herbicide/Air
1.5 Apply Insecticide/Air
3.0 Apply Insecticide/Air
10
11
Oct
Oct
0.1 Scratch
0.1 Plant
Pickup Use
CST Air Apply Granules
CST Air Spray, 3 Gal Mi
CST Air Spray, 3 Gal Mi
70 Section Harrow, 4 Secti
100 Grain Drill, 16'
40 Mi/Ac
Pickup Truck, 1/2 Ton
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/26/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
3.50 Water, District
4.00 AI
5.00
5.00
7.00 Twine, Plastic, 65 0.49 TF
11.00
4.00 Water, District
5.00 AI
10-34-00, Lqd
6.00 Ga
Trifluralin
10.00 Lb
Carbofuran
1.00 Pt
Chlorpyrifos
1.00 Pt
Chlorpyrifos
0.00 Pt
5.00
5.56 Alfalfa Sd, Cert
15.00 Lb
0.75
18
0.00 AF
Irrigator
Harvest
Tractor
Harvest
Harvest
Irrigator
3.60 TF
0.00
260.00
0.99
60.67
44.73
39.03
AF
Tn
Lb
Ga
Ga
Ga
210.00 CW
Labor
Type
5.50 Ac
6.00 Ac
6.00 Ac
Tractor
Tractor
* NOTE: Machine times, labor times, and material rates are for one time over the designated acreage.
** A water assessment charge of $31.50/Acre included as ownership cost in Table 5B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/ 5