Table 13A. Income and Cash Operating Cost Summary, Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 Lb/Acre
Item
Unit
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
INCOME ->
Lint
Pound
857.00
CottonSeed
Ton
0.69
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
$0.9400
114.6000
$805.58
79.07
$884.65
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
59
109.10
43.76
35.08
30.25
194.60
53.56
124.16
16.87
57.49
27.43
30.07
236.89
202.94
33.95
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
11.34
____________
____________
_________
609.42
____________
11.34
18.01
3.76
14.25
36.03
36.03
63.33
11.40
51.93
10.33
100.82
11.31
1.37
__________
241.20
21.01
10.68
==========
$882.30
$2.35
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
============
____________
____________
Notes: The above figures do not include ownership costs, see Table 13B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/27
Table 13B. Allocation of Ownership Costs; Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 Lb/Acre
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.9400/Lb + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
60
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$884.65
|
882.30
$2.34
|
$2.34
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
11.93
|
11.93
Wells & Irrig. System
14.97
|
14.97
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
44.11
|
44.11
General Farm Maint. ( 3% of Tot. Oper. Exp.)
26.47
|
26.47
________
|
_________
Total Cash Overhead Expenses
97.48
|
97.48
|
Total Cash Oper. & Over. Cost
979.78
|
979.78
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
95.13)
|
(
95.13)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
81.49
Wells & Irrig. System
|
63.69
Interest on Equity, Machinery & Vehicles
|
34.61
Wells & Irrig. System
|
31.15
|
_________
Total Capital Allocations
|
210.93
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK —————————————————————————>(
95.13)
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>(
306.07)
__________
|
__________
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 ———————————————————————————————>(
101.57)
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
333.51)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
70.58
_________
|
__________
TOTAL OWNERSHIP COST
103.91
|
406.44
=========
|
==========
TOTAL COST
$986.22
|
$1,288.74
RETURN TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>( $101.57)
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>( $404.09)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$884.65
882.30
Lb)
$0.9372
$0.1212
$1.0585
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/27
$0.9372
$0.4742
$1.4115
Table 13C. Variable Operating Costs; Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Jan
Jan
Jan
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
May
May
May
Jul
Jul
Jul
Jul
Jul
Sep
Oct
Oct
Oct
Oct
* NOTES:
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 Lb/Acre
Operation
Disk
Rip
Plow
Laser Level
Apply Herbicide/Ground
List
Buck Rows
Make Ditches
Preirrigate
Plant
Scratch
Irrigate
Disk Ends
Knock Ditches
Cultivate
Hand Weeding
Cultivate
Buck Rows
Make Ditches
Hand Weeding
Spike Furrows
Apply Herbicide/Ground
Apply Insecticide/Air
Apply Insecticide/Air
Prepare Ends
Apply Defoliant/Air
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Page
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
0.225
0.225
0.378
0.900
0.225
0.150
0.022
0.022
0.225
0.200
0.045
0.045
0.300
0.200
0.022
0.022
0.225
0.180
0.022
0.900
0.450
0.250
0.250
0.420
1.000
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
0.250
0.200
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.025 |
|
|
1.000 |
0.500 |
3.57
2.97
6.41
11.82
1.77
2.70
0.14
0.18
36.45
4.08
1.32
18.22
0.46
0.37
2.85
3.05
0.14
0.18
1.87
1.41
0.18
34.25
6.49
2.10
2.10
3.53
8.41
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
2.10
1.68
3.61
11.34
17.85
6.00
6.00
13.26
22.59
16.32
8.32
8.32
5.26
14.13
0.21
7.01
3.50
1.37
5.67
5.07
9.94
20.23
7.48
4.10
0.35
0.39
41.80
17.52
2.83
20.48
0.88
0.79
5.65
15.49
22.77
0.35
0.39
19.59
3.97
16.35
28.59
22.32
0.39
13.58
22.45
41.26
11.36
61
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Times
1.0
1.0
1.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
1.0
11.0
6.0
1.0
3.0
1.0
3.0
4.0
4.0
1.0
1.0
1.0
2.0
3.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
5.67
5.07
9.94
10.11
7.48
4.10
0.35
0.39
41.80
17.52
2.83
225.28
5.25
0.79
16.94
15.49
68.30
1.41
1.57
19.59
3.97
16.35
57.18
66.96
0.39
13.58
22.45
41.26
11.36
See next page for notes.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/27
L
L
L
L
G
L
G
G
G
L
G
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
H
Table 13C. Variable Operating Costs; Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
First
No. Month
30
31
32
33
34
35
36
37
Nov
Oct
Dec
Oct
Oct
Dec
Nov
Dec
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 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, Second Pick
Haul, Custom
0.1 Mu
Cotton, Rood
Cotton Ginning
25.2 Cs
Cotton Classing
1.7 Ba
Crop Assessment
1.7 Ba
Cut Stalks
Disk Residue
Pickup Use 80 Mi/Ac
Operating Interest at 8.00%
0.600
0.180
0.200
0.200
2.670
0.667 |
|
0.200 |
|
|
|
0.222 |
0.222 |
22.84
4.67
27.51
7.76
3.87
100.82
2.57
11.31
3.81
4.95
7.76
2.19
1.68
100.82
2.57
11.31
1.94
3.08
21.00
1.87
1.87
16.31
TOTAL CASH OPERATING EXPENSES:
$378.70 $127.04
$185.41
$196.66
62
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
Times
0.8
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
22.01
7.76
3.87
100.82
2.57
11.31
3.81
4.95
21.00
16.31
________
$887.81
H
H
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)
$57.35
Growing (G)
551.93
Harvest (H)
122.67
Post Harvest (P)
104.63
Marketing (M)
13.88
Operating Overhead (O)
37.31
—————
Total (T)
$887.81
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.70
$0.84
$0.94
$1.03
$1.17 Break-even
|———————————————————————————————————————————————————————————————
-25%
642.7
|
-374.37
-283.74
-223.32
-162.91
-72.28
1.28
-10%
771.3
|
-319.92
-211.17
-138.67
-66.16
42.58
1.11
Budgeted
857.0
|
-283.62
-162.79
-82.23
-1.67
119.16
1.03
+10%
942.7
|
-247.32
-114.40
-25.79
62.81
195.73
0.96
+25%
1,071.2
|
-192.88
-41.83
58.86
159.55
310.60
0.88
Break-even Yield
| 1,526.63 1,145.35
981.86
859.22
723.64
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/27
Table 13D. Resource and Cash Flow Requirements; Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
Month *
Number
Irrig.
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 Lb/Acre
Water
Applied
(Inches)
Total
%
12.0
|
|
|
0.92
0.96
1.51
0.75
3.30
1.40
4.25
0.74
0.72
0.85
0.93
0.89
|
|
|
|
|
|
|
|
|
|
|
|
12.94
10.70
60.07
21.90
24.89
43.89
42.77
37.22
37.08
23.80
27.72
14.71
21.00
7.74
8.13
11.23
5.91
23.27
10.88
29.77
5.37
5.16
5.96
6.54
7.17
17.26
|
|
378.70
42.65
127.11
14.31
65.0
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
40.1
Regular Gas
0.0
NonLead Gas
8.0
Natural Gas/Pumping
All Direct Energy
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Moldboard Plow, 4-16 2 Way
Laser Trailer
Disk-Lister, 6 Rw
Blade Scraper, 10'
Dbl. Offset Disk, 13'
Cotton Picker, 2 Row
Rotary Stalk Cutter, 4 Row
2.45
0.38
0.45
0.15
0.18
0.47
1.38
0.20
MATERIALS REQUIREMENTS(/Acre)
Pendimethalin
32-00-00, URAN 32, Lqd
Acephate
Sodium Chlorate
1.00
45.00
3.35
2.00
* NOTE:
P = Previous Year
63
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
159.3 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
17.2 Hrs
Total Water
65.0 AI
LABOR REQUIREMENTS(/Acre)
Tractor
Harvest
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Total
Labor (Hrs)
JAN C
FEB C
MAR C
2.0
15.0
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
2.0
10.0
OCT C
NOV C
DEC C
Pickup Use 80 Mi/Ac
Operating Interest at 8.0%
Page
Dbl. Offset Disk, 16'
Drag Scraper, 14'
Tractor, 80 PTO HP, MFWD
Rowbuck, 10'
Planter, 6 Row
Rolling Cultivator, 6 Rw
Module Builder
Pickup Truck, 1/2 Ton
Pt
Ga
Lb
Ga
Water, Pump
Cyanazine
Lambdacyhalothrin
Paraquat
5.65 Hrs
2.03 Hrs
C = Current Year
Irrigators
16.31
12.71
1.43
185.41
20.88
887.88
100.00
11.34
17.85
17.85
70.02
38.91
16.32
19.39
183.95
20.72
Gal
Gal
Gal
537.5
60.3
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
0.68
0.55
0.14
12.00
12.00
6.00
72.22
44.46
22.43
20.68
22.44
82.64
27.80
66.01
72.62
154.56
93.50
64.56
122.04
79.26
44.45
21.00
16.31
3.61
Therms
M BTU
0.23
0.45
0.99
0.11
0.23
1.50
0.45
2.67
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
V-Ripper, 7 Shnk
Laser Receiver, Mast
Saddle Tk Sprayer, 2
Tractor, 100 PTO HP,
Cultipacker, 13'
Furrow Spike, 4 Rw
Rood, 3 Row W/Basket
65.00
2.00
15.36
0.50
AI
Qt
Oz
Pt
Pima Cotton Sd + Fung
Bifenthrin
Endothall
Module Tarps
4.32 Hrs
0.23
0.45
1.01
2.13
0.20
0.23
0.18
System
Tk 8 Row
MFWD
Cleaner
18.00
7.68
2.00
26.00
Hand Weeders
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Lb
Oz
Pt
CW
N = Next Year
5.27 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F16/27
Table 13E
Schedule of Operations; Pima Cotton Salome/Wenden, 1996
COUNTY: La Paz
CROP:
Cotton, Pima
AREA:
Salome/Wenden
First
No. Month Times
1
2
3
4
Jan
Jan
Jan
Feb
1.0
1.0
1.0
0.5
FARM: Salome Area (LaPaz)
ACRES:
1.0
YIELD:
857.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
Disk
Rip
Plow
Laser Level
150
150
150
150
5
6
7
8
9
10
11
12
13
14
15
16
17
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 11.0 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 Cultivate
150
18
19
20
21
22
23
May
May
Jul
Jul
Jul
Jul
4.0
4.0
1.0
1.0
1.0
2.0
24
Jul
3.0 Apply Insecticide/Air
25
26
27
Sep
Oct
Oct
1.0 Prepare Ends
1.0 Apply Defoliant/Air
1.0 Apply Defoliant/Air
28
29
30
31
32
33
34
35
36
37
Oct
Oct
Nov
Oct
Dec
Oct
Oct
Dec
Nov
Dec
* NOTE:
Page
Buck Rows
80
Make Ditches
100
Hand Weeding
Spike Furrows
100
Apply Herbicide/Groun 80
Apply Insecticide/Air
WATER SOURCE:
McMulN
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Job Rate
Acres/Hr
Dbl. Offset Disk, 16'
4.00
V-Ripper, 7 Shnk
4.00
Moldboard Plow, 4-16 2
2.40
Drag Scraper, 14'
1.00
Laser Receiver, Mast Sy
Laser Trailer
Saddle Tk Sprayer, 2 Tk 4.00
Disk-Lister, 6 Rw
6.00
Rowbuck, 10'
40.00
Blade Scraper, 10'
40.00
1.31
Planter, 6 Row
4.00
Cultipacker, 13'
5.00
3.10
Dbl. Offset Disk, 13'
20.00
Blade Scraper, 10'
20.00
Rolling Cultivator, 6 R 3.00
0.43
Rolling Cultivator, 6 R 4.50
Saddle Tk Sprayer, 2 Tk
Rowbuck, 10'
40.00
Blade Scraper, 10'
40.00
0.34
Furrow Spike, 4 Rw
4.00
Saddle Tk Sprayer, 2 Tk 5.00
CST Air Spray, 3 Gal Mi
CST Air Spray, 3 Gal Mi
64
TILLAGE: Conventional
SOIL:
Clay-Loam
DATE:
10/02/96
———— Material Use & Cost ———
Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Labor
Type
Tractor
Tractor
Tractor
Tractor
Pendimethalin
1.00 Pt
27.52 Ga
Water, Pump
10.00 AI
Pima Cotton Sd + F 18.00 Lb
43.73 AF
60.00 CW
Water, Pump
5.00 AI
43.73 AF
32-00-00, URAN 32, 15.00 Ga
205.00 Tn
Cyanazine
Bifenthrin
Acephate
Lambdacyhalothrin
Acephate
100 Blade Scraper, 10'
40.00
CST Air Spray, 5 Gal Mi
Endothall
CST Air Spray, 5 Gal Mi
Sodium Chlorate
Paraquat
1.0 Cotton, First Pick
Cotton Picker, 2 Row
1.00
1.0 Cotton, Make Modules 100 Module Builder
2.00 Module Tarps
0.8 Cotton, Second Pick
Cotton Picker, 2 Row
1.50
1.0 Haul, Custom
CST Haul Cotton Modules
1.0 Cotton, Rood
100 Rood, 3 Row W/Basket Cl 5.00
1.0 Cotton Ginning
CST Gin Pima Cotton
1.0 Cotton Classing
CST Class Cotton, HVI
1.0 Crop Assessment
CST Pima (Low Elev)
1.0 Cut Stalks
100 Rotary Stalk Cutter, 4
4.50
1.0 Disk Residue
150 Dbl. Offset Disk, 13'
4.50
Pickup Use 80 Mi/Ac
Pickup Truck, 1/2 Ton
0.38
2.00
3.84
0.67
5.12
0.67
Qt
Oz
Lb
Oz
Lb
25.26
511.12
9.23
234.04
9.23
Ga
Ga
Lb
Ga
Lb
Tractor
Tractor
Tractor
Tractor
Irrigator
Tractor
Tractor
Irrigator
Tractor
Tractor
Tractor
Hand Weed
Tractor
Tractor
Tractor
Hand Weed
Tractor
Tractor
6.00 Ac
6.00 Ac
Tractor
2.00 Pt
2.00 Ga
0.50 Pt
20.05 Ga
6.08 Ga
20.73 Ga
26.00 CW
0.05 CW
8.32 Ac
8.32 Ac
Harvest
Harvest
Harvest
60.00 Mu
Tractor
4.00 Cs
1.50 Ba
6.60 Ba
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
F16/27