Table 12A. Income and Cash Operating Cost Summary, Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
Item
Unit
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
INCOME ->
Lint
Pound
1,280.00
Cottonseed
Ton
1.17
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs & Maint.
Budgeted
/Acre
Total
/Acre
$0.7200
114.6000
$921.60
134.08
$1,055.68
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
8.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Price
/Unit
Other Purchased Inputs & Services
Seed/Transplants
53
102.93
39.86
35.08
27.98
163.61
42.85
103.88
16.87
53.18
24.97
28.21
225.96
193.58
32.38
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
12.10
____________
____________
__________
557.77
____________
12.10
18.01
3.76
14.25
30.87
30.87
63.33
11.40
51.93
15.42
112.94
9.22
1.89
__________
251.68
21.01
9.70
==========
$840.17
$215.51
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
============
____________
____________
Notes: The above figures do not include ownership costs, see Table 12B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/20
Table 12B. Allocation of Ownership Costs; Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.7200/Lb + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
54
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$1,055.68
|
840.16
$215.51
|
$215.51
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
11.47
|
11.47
Wells & Irrig. System
14.27
|
14.27
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
42.00
|
42.00
General Farm Maint. ( 3% of Tot. Oper. Exp.)
25.21
|
25.21
_________
|
_________
Total Cash Overhead Expenses
92.95
|
92.95
|
Total Cash Oper. & Over. Cost
933.12
|
933.12
RETURNS OVER CASH OPER. & OVER. EXPENSES.
122.55
|
122.55
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
79.38
Wells & Irrig. System
|
60.75
Interest on Equity, Machinery & Vehicles
|
31.18
Wells & Irrig. System
|
29.72
|
_________
Total Capital Allocations
|
201.03
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————> 122.55
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>(
78.48)
________
|
_________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($350 X 16% X .11487)
6.43
|
6.43
Opport. Inter. on Land (100% X 6.0% X $350)
|
21.00
—————
|
—————
Total Land Costs
6.43
|
27.43
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————> 116.11
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
105.91)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
67.21
_________
|
__________
TOTAL OWNERSHIP COST
99.39
|
388.63
=========
|
==========
TOTAL COST
$939.56
|
$1,228.80
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————> $116.11
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>( $173.12)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$1,055.68
840.16
Lb)
$0.5516
$0.0776
$0.6292
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/20
$0.5516
$0.3036
$0.8552
Table 12C. Variable Operating Costs; Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Jan
Jan
Jan
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
May
May
May
Jul
Jul
Jul
Jul
Sep
Oct
Oct
Oct
Nov
Oct
* NOTES:
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
Operation
Disk
Rip
Plow
Landplane
Apply Herbicide/Ground
List
Buck Rows
Make Ditches
Preirrigate
Plant
Scratch
Irrigate
Disk Ends
Knock Ditches
Cultivate
Hand Weeding
Apply Fert/Ground
Buck Rows
Make Ditches
Hand Weeding
Apply Herbicide/Ground
Apply Insecticide/Air
Apply Insecticide/Air
Prepare Ends
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Cotton, Second Pick
Haul, Custom
0.2 Mu
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
0.225
0.225
0.378
0.257
0.225
0.150
0.022
0.022
0.225
0.200
0.045
0.045
0.300
0.200
0.022
0.022
0.180
0.250
0.250
0.420
0.286
0.250
0.167
0.025
0.025
0.763
0.250
0.180
0.323
0.050
0.050
0.333
2.326
0.222
0.025
0.025
2.941
0.200
0.022
0.025
0.900
0.450
0.600
1.000
0.500
0.667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.57
2.97
6.41
3.38
1.77
2.70
0.14
0.18
43.73
4.08
1.32
18.22
0.46
0.37
2.85
3.05
0.14
0.18
1.41
2.10
2.10
3.53
2.41
2.10
1.40
0.21
0.21
5.35
2.10
1.51
2.26
0.42
0.42
2.80
15.49
1.87
0.21
0.21
19.59
1.68
0.18
0.21
34.25
6.49
22.84
7.01
3.50
4.67
3.61
12.10
14.28
6.00
6.00
13.26
16.32
23.62
8.32
7.12
1.89
11.58
5.67
5.07
9.94
5.79
7.48
4.10
0.35
0.39
49.08
18.28
2.83
20.48
0.88
0.79
5.65
15.49
19.20
0.35
0.39
19.59
16.35
22.32
29.62
0.39
15.44
41.26
11.88
27.51
11.58
55
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Times
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
10.0
6.0
1.0
3.0
1.0
3.0
4.0
4.0
1.0
1.0
2.0
2.0
1.0
2.0
1.0
1.0
0.8
1.0
Tot. Cash
Expense Class
5.67
5.07
9.94
5.79
7.48
4.10
0.35
0.39
49.08
18.28
2.83
204.80
5.25
0.79
16.94
15.49
57.59
1.41
1.57
19.59
16.35
44.64
59.24
0.39
30.88
41.26
11.88
22.01
11.58
See next page for notes.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/20
L
L
L
L
G
L
G
G
G
L
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
H
H
Table 12C. Variable Operating Costs; Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
First
No. Month
30
31
32
33
34
35
Dec
Oct
Oct
Dec
Nov
Dec
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
Operation
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Cotton, Rood
Cotton Ginning
37.6 Cs
Cotton Classing
2.6 Ba
Crop Assessment
2.6 Ba
Cut Stalks
Disk Residue
Pickup Use 80 Mi/Ac
Operating Interest at 8.00%
0.180
0.200
0.200
2.670
0.200 |
|
|
|
0.222 |
0.222 |
2.19
1.68
3.87
112.94
3.84
9.22
3.81
5.04
112.94
3.84
9.22
1.94
3.17
21.00
1.87
1.87
15.84
TOTAL CASH OPERATING EXPENSES:
$363.45
$120.89
$194.06
$167.82
56
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Times
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
3.87
112.94
3.84
9.22
3.81
5.04
21.00
15.84
_______
$846.22
H
P
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)
$53.88
Growing (G)
503.79
Harvest (H)
121.87
Post Harvest (P)
116.75
Marketing (M)
13.05
Operating Overhead (O)
36.84
—————
Total (T)
$846.21
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.54
$0.64
$0.72
$0.79
$0.90 Break-even
|———————————————————————————————————————————————————————————————
-25%
960.0
|
-264.89
-161.21
-92.09
-22.97
80.70
0.81
-10%
1,152.0
|
-198.96
-74.55
8.39
91.33
215.75
0.71
Budgeted 1,280.0
|
-155.01
-16.77
75.38
167.54
305.78
0.66
+10%
1,408.0
|
-111.06
40.99
142.37
243.75
395.81
0.61
+25%
1,600.0
|
-45.13
127.66
242.86
358.06
530.86
0.56
Break-even Yield
| 1,731.45 1,317.16 1,135.96
998.59
845.26
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/20
Table 12D. Resource and Cash Flow Requirements; Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
Total
Labor (Hrs)
|
|
|
0.92
0.75
1.51
0.75
3.30
1.40
4.00
0.74
0.39
0.85
0.93
0.89
|
|
|
|
|
|
|
|
|
|
|
|
JAN C
FEB C
MAR C
2.0
17.0
APR C
1.0
5.0
MAY C
1.0
5.0
JUN C
2.0
10.0
JUL C
2.0
10.0
AUG C
2.0
10.0
SEP C
1.0
5.0
OCT C
NOV C
DEC C
Pickup Use 80 Mi/Ac
Operating Interest at 8.0%
Total
%
11.0
62.0
16.48
MATERIALS REQUIREMENTS(/Acre)
Pendimethalin
32-00-00, URAN 32, Lqd
Acephate
Merphos
LABOR REQUIREMENTS(/Acre)
Tractor
Harvest
* NOTE:
P = Previous Year
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
12.94
8.17
67.35
21.90
24.89
43.89
40.90
37.22
18.86
23.80
27.72
14.81
21.00
|
|
363.45
42.94
7.74
6.33
11.23
5.91
23.27
10.88
27.67
5.37
2.89
5.96
6.54
7.17
Natural Gas/Pumping
All Direct Energy
1.00
36.00
1.34
3.00
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Dbl. Offset Disk, 16'
Landplane 12’X 45'
Disk-Lister, 6 Rw
Blade Scraper, 10'
Dbl. Offset Disk, 13'
Module Builder
Pickup Truck, 1/2 Ton
Pt
Ga
Lb
Pt
Water, Pump
Cyanazine
Fenpropathrin
Module Tarps
5.19 Hrs
2.03 Hrs
C = Current Year
Irrigators
N = Next Year
15.84
20.68
18.11
90.67
27.80
62.44
69.05
148.05
94.53
21.75
125.75
86.36
44.22
21.00
15.84
194.06
22.93
846.26
100.00
3.61
12.10
14.28
14.28
67.48
39.94
12.00
12.00
14.23
120.94
14.29
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
37.6
Regular Gas
0.0
NonLead Gas
8.0
2.26
0.38
1.01
1.91
0.20
1.38
0.20
57
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
127.7 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
16.4 Hrs
Total Water
62.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Moldboard Plow, 4-16 2 Way
Saddle Tk Sprayer, 2 Tk 8 Row
Tractor, 100 PTO HP, MFWD
Cultipacker, 13'
Cotton Picker, 2 Row
Rotary Stalk Cutter, 4 Row
Page
153.82
18.18
0.95
0.76
0.19
13.99
1.65
80.82
51.35
22.05
512.7
57.4
Gal
Gal
Gal
Therms
M BTU
0.43
0.26
0.15
0.18
0.27
0.45
2.67
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
V-Ripper, 7 Shnk
Tractor, 80 PTO HP, MFWD
Rowbuck, 10'
Planter, 6 Row
Rolling Cultivator, 6 Rw
Rood, 3 Row W/Basket Cleaner
62.00
2.00
16.00
36.00
AI
Qt
Oz
CW
Upl Cotton Sd+NU-Flow ND
Lambdacyhalothrin
Methyl Parathion
3.99 Hrs
0.23
0.99
0.11
0.23
1.50
0.18
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
16.00 Lb
10.24 Oz
8.00 Pt
Hand Weeders
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/20
5.27 Hrs
Table 12E
Schedule of Operations; Upland Cotton Vicksbg/Salome, 1996
COUNTY: La Paz
CROP:
Cotton, Upland
AREA:
Salome/Wenden
First
No. Month Times
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
1,280.0 Lb/Acre
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Jan 1.0 Disk
150
Jan 1.0 Rip
150
Jan 1.0 Plow
150
Feb 1.0 Landplane
150
Feb 1.0 Apply Herbicide/Groun 80
Feb 1.0 List
150
Feb 1.0 Buck Rows
80
Feb 1.0 Make Ditches
100
Mar 1.0 Preirrigate
Mar 1.0 Plant
150
Mar 1.0 Scratch
80
Mar 10.0 Irrigate
Apr 6.0 Disk Ends
80
Apr 1.0 Knock Ditches
100
Apr 3.0 Cultivate
100
May 1.0 Hand Weeding
May 3.0 Apply Fert/Ground
150
18
19
20
21
22
May
May
Jul
Jul
Jul
4.0
4.0
1.0
1.0
2.0
23
Jul
2.0 Apply Insecticide/Air
24
25
26
27
28
29
30
31
32
33
34
35
Sep
Oct
Oct
Oct
Nov
Oct
Dec
Oct
Oct
Dec
Nov
Dec
1.0
2.0
1.0
1.0
0.8
1.0
1.0
1.0
1.0
1.0
1.0
1.0
* NOTE:
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
Dbl. Offset Disk, 16'
V-Ripper, 7 Shnk
Moldboard Plow, 4-16 2
Landplane 12’X 45'
Saddle Tk Sprayer, 2 Tk
Disk-Lister, 6 Rw
Rowbuck, 10'
Blade Scraper, 10'
Job Rate
Acres/Hr
Planter, 6 Row
Cultipacker, 13'
Dbl. Offset Disk, 13'
Blade Scraper, 10'
Rolling Cultivator, 6 R
Rolling Cultivator, 6 R
Saddle Tk Sprayer, 2 Tk
80 Rowbuck, 10'
100 Blade Scraper, 10'
Buck Rows
Make Ditches
Hand Weeding
Apply Herbicide/Groun 80 Saddle Tk Sprayer, 2 Tk
Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
Prepare Ends
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Cotton, Second Pick
Haul, Custom
Cotton, Rood
Cotton Ginning
Cotton Classing
Crop Assessment
Cut Stalks
Disk Residue
Pickup Use 80 Mi/Ac
Page
CST Air Spray, 3 Gal Mi
100 Blade Scraper, 10'
CST Air Spray, 5 Gal Mi
Cotton Picker, 2 Row
100 Module Builder
Cotton Picker, 2 Row
CST Haul Cotton Modules
100 Rood, 3 Row W/Basket Cl
CST Gin Upland Cotton
CST Class Cotton, HVI
CST Upland (Low Elev)
100 Rotary Stalk Cutter, 4
150 Dbl. Offset Disk, 16'
Pickup Truck, 1/2 Ton
4.00
4.00
2.40
3.50
4.00
6.00
40.00
40.00
1.31
4.00
5.00
3.10
20.00
20.00
3.00
0.43
4.50
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Pendimethalin
1.00 Pt
27.52 Ga
Water, Pump
12.00 AI
Upl Cotton Sd+NU-F 16.00 Lb
43.73 AF
72.00 CW
Water, Pump
43.73 AF
5.00 AI
2.00
5.12
0.67
8.00
4.00
Qt 25.26 Ga
Oz 234.04 Ga
Lb
9.23 Lb
Oz 171.54 Ga
Pt 23.54 Ga
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Tractor
Tractor
Irrigator
Tractor
Tractor
Tractor
Hand Weed
Tractor
32-00-00, URAN 32, 12.00 Ga 205.00 Tn
40.00
40.00
0.34
5.00 Cyanazine
Lambdacyhalothrin
Acephate
Fenpropathrin
Methyl Parathion
40.00
Merphos
1.00
2.00 Module Tarps
1.50
58
Tractor
Tractor
Hand Weed
Tractor
6.00 Ac
6.00 Ac
Tractor
1.50 Pt
36.14 Ga
36.00 CW
0.05 CW
8.32 Ac
Harvest
Harvest
Harvest
60.00 Mu
5.00
Tractor
3.00 Cs
1.50 Ba
3.60 Ba
4.50
4.50
0.38
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
F16/20