Table 11A. Income and Cash Operating Cost Summary, Corn (Spring), 1996
COUNTY: La Paz
CROP:
Corn Grain
AREA:
Parker CRIR
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
9,400.0 Lb/Acre
Item
INCOME ->
Grain
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
48
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/02/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Pound
9,400.00
$0.0557
$523.58
$523.58
____________
40.31
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
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 Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs & Services
Seed/Transplants
21.70
4.60
14.01
177.44
111.72
54.28
11.45
28.97
13.54
15.43
0.00
**
27.64
27.64
_________
274.35
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
9.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
2.48
Your Farm
Budget
____________
87.00
_________
92.19
____________
____________
____________
____________
____________
____________
____________
____________
____________
7.88
7.22
==========
$381.65
$141.93
____________
____________
============
____________
____________
2.29
0.19
2.72
1.24
1.48
Notes: The above figures do not include ownership costs, see Table 11B on Next Page for detailed cost allocation.
** A water assessment charge of $31.50/Acre is included in the ownership costs of Table 11B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/30
Table 11B. Allocation of Ownership Costs; Corn (Spring), 1996
COUNTY: La Paz
CROP:
Corn Grain
AREA:
Parker CRIR
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
9,400.0 Lb/Acre
Page
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0557/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
49
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/02/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$523.58
|
381.65
$141.92
|
$141.92
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
3.32
|
3.32
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
19.08
|
19.08
General Farm Maint. ( 3% of Tot. Oper. Exp.)
11.45
|
11.45
_________
|
________
Total Cash Overhead Expenses
33.85
|
33.85
|
Total Cash Oper. & Over. Cost
415.50
|
415.50
RETURNS OVER CASH OPER. & OVER. EXPENSES.
108.07
|
108.07
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
18.20
Interest on Equity, Machinery & Vehicles
|
7.33
|
________
Total Capital Allocations
|
25.52
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK —————————————————————————>
108.07
|
RETURNS TO LAND, MANAGEMENT & RISK —————————————————————————————————————————————————————————————————————>
82.54
_________
|
__________
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 ———————————————————————————————>(
23.42)
|
RETURNS TO MANAGEMENT & RISK ———————————————————————————————————————————————————————————————————————————>(
48.95)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
30.53
__________
|
_________
TOTAL OWNERSHIP COST
165.35
|
221.41
==========
|
=========
TOTAL COST
$547.00
|
$603.06
RETURN TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>(
$23.42)
|
RETURN TO RISK (PROFITS) ———————————————————————————————————————————————————————————————————————————————>(
$79.48)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$523.58
381.65
Lb)
$0.0406
$0.0175
$0.0581
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/30
$0.0406
$0.0235
$0.0641
Table 11C. Variable Operating Costs; Corn (Spring), 1996
COUNTY: La Paz
CROP:
Corn Grain
AREA:
Parker CRIR
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Jan
Jan
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Apr
Apr
May
May
Jul
Jul
Jul
Jul
Aug
Page
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
9,400.0 Lb/Acre
Operation
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Disk
Rip
Apply Herbicide/Ground
List
Apply Fert/Ground
Mulch
Disk Ends
Make Borders
Block Borders
Preirrigate
Knock Borders
Plant
Remove Cap
Cultivate
Irrigate/Run Fertilizer
Cultivate
Hand Weeding
Apply Insecticid
Apply Insecticid
Prepare Ends
Combine Harvest
Haul
50 MI
Drying
4.5 Tn
Cut Stalks
Pickup Use 30 Mi/Ac
Operating Interest at 9.00%
0.188
0.265
0.090
0.225
0.113
0.162
0.011
0.022
0.011
0.022
0.180
0.082
0.200
0.161
0.011
0.237
1.000
0.208
0.294
0.100
0.250
0.125
0.180
0.013
0.025
0.013
0.129
0.025
0.200
0.091
0.222
0.200
0.179
0.667
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.013 |
|
|
|
0.263 |
3.00
4.74
0.89
3.13
1.53
1.54
0.11
0.18
0.09
0.14
2.60
0.53
1.90
1.53
1.81
2.56
0.87
2.18
1.09
1.57
0.11
0.22
0.11
0.94
0.22
1.74
0.79
1.93
1.45
1.56
4.60
11.45
27.88
18.64
27.64
7.25
6.00
6.00
0.12
11.66
21.30
0.09
41.00
23.50
22.50
2.47
7.87
2.29
7.21
TOTAL CASH OPERATING EXPENSES:
$39.56
$42.76
$94.21
$205.12
4.81
7.30
13.21
5.31
30.50
3.11
0.22
0.40
0.20
19.58
0.36
31.98
1.32
3.83
8.70
3.09
4.60
17.66
27.30
0.21
41.00
23.50
22.50
4.76
50
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/02/96
Times
3.0
1.0
1.0
1.0
1.0
1.0
3.0
3.0
3.0
1.0
3.0
1.0
1.0
1.0
9.0
1.0
1.0
1.0
2.0
2.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
14.44
7.30
13.21
5.31
30.50
3.11
0.66
1.21
0.60
19.58
1.08
31.98
1.32
3.83
78.30
3.09
4.60
11.66
42.60
0.43
41.00
23.50
22.50
4.76
7.87
7.21
________
$381.65
L
L
G
L
G
L
G
G
G
G
G
L
G
G
G
G
G
G
G
H
H
H
P
P
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 11B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$62.13
Growing (G)
212.24
Harvest (H)
64.92
Post Harvest (P)
27.25
Marketing (M)
0.00
Operating Overhead (O)
15.08
—————
Total (T)
$381.65
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.04
$0.05
$0.05
$0.06
$0.06 Break-even
|———————————————————————————————————————————————————————————————
-25%
7,050.0
|
-64.09
-5.18
34.07
73.34
132.25
0.05
-10%
8,460.0
|
-19.01
51.66
98.78
145.91
216.59
0.04
Budgeted 9,400.0
|
11.03
89.56
141.92
194.28
272.82
0.04
+10%
10,340.0
|
41.08
127.47
185.06
242.66
329.05
0.03
+25%
11,750.0
|
86.15
184.32
249.77
315.22
413.39
0.03
Break-even Yield
| 9,054.87 7,178.68 6,307.41 5,624.73 4,839.11
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/30
Table 11D. Resource and Cash Flow Requirements; Corn (Spring), 1996
COUNTY: La Paz
CROP:
Corn Grain
AREA:
Parker CRIR
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
9,400.0 Lb/Acre
Total
Labor (Hrs)
|
|
|
JAN C
FEB C
1.0
7.0
MAR C
2.0
8.0
APR C
2.0
8.0
MAY C
2.0
8.0
JUN C
2.0
8.0
JUL C
1.0
4.0
AUG C
Pickup Use 30 Mi/Ac
Operating Interest at 9.0%
Water Assessment
0.71
1.26
0.78
1.32
0.40
0.41
0.21
0.26
|
|
|
|
|
|
|
|
Total
%
5.37
Month *
Number
Irrig.
10.0
Water
Applied
(Inches)
43.0
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
51
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/02/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
10.74
13.22
2.95
2.05
0.12
0.12
2.47
7.87
6.18
10.85
6.29
9.73
2.90
3.00
1.55
2.29
57.97
14.49
14.49
47.45
35.79
7.25
7.22
16.92
109.68
23.73
26.27
50.35
38.91
72.42
4.76
7.87
7.22
70.72
19.74
358.15
100.00
27.64
63.50
**
|
|
39.56
11.04
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
341.2 lbs
Total P
90.0 lbs
Total K
0.0 lbs
Total Labor
5.3 Hrs
Total Water
43.0 AI
42.79
11.94
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
15.2
Regular Gas
0.0
NonLead Gas
3.0
All Direct Energy
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
V-Ripper, 5 Shnk
Lister, 7 Bottom
Tractor, 80 PTO HP, MFWD
Border Disk, 6' Disk
Offset Disk, 13.5'
0.79
0.27
0.23
0.18
0.07
0.02
MATERIALS REQUIREMENTS(/Acre)
Atrazine
46-00-00, Urea 46
Permethrin
5.00 Lb
100.00 Lb
16.00 Oz
LABOR REQUIREMENTS(/Acre)
Tractor
Page
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
2.76 Hrs
Offset Disk, 16.5'
Tractor, 100 PTO HP, MFWD
Fertilizer Spreader, 28'
Dbl. Offset Disk, 13'
Planter, 6 Row
Flail Stalk Cutter, 4 Row
00-45-00, Treble Super.
Field Corn Sd
Methomyl
Irrigators
2.4
177.44
49.54
27.64
7.71
Gal
Gal
Gal
M BTU
0.56
1.26
0.11
0.03
0.18
0.24
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
200.00 Lb
28.00 Th
5.00 Pt
1.96 Hrs
Tractor, 175 PTO HP
Directed Spray Rig, 16 Row
Rolling Cultivator, 6 Rw
Blade Scraper, 10'
Section Harrow, 4 Section
Pickup Truck, 1/2 Ton
Water, District
82-00-00, Anhyd. Ammmonia
0.27
0.09
0.52
0.10
0.08
1.00
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
43.00 AI
360.00 Lb
Hand Weeders
* NOTE:
P = Previous Year C = Current Year
N = Next Year
** A water assessment charge of $31.50/Acre included as ownership cost in Table 11B.
0.67 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/30
Table 11E
Schedule of Operations; Corn (Spring), 1996
COUNTY: La Paz
CROP:
Corn Grain
AREA:
Parker CRIR
First
No. Month Times
Operation
FARM: LaPaz County Farm
ACRES:
1.0
YIELD:
9,400.0 Lb/Acre
Page
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
BIA
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
1
2
3
4
5
6
7
8
9
10
Jan
Jan
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
3.0
1.0
1.0
1.0
1.0
1.0
3.0
3.0
3.0
1.0
Disk
150
Rip
175
Apply Herbicide/Groun100
List
150
Apply Fert/Ground
100
Mulch
100
Disk Ends
80
Make Borders
100
Block Borders
100
Preirrigate
Offset Disk, 16.5'
V-Ripper, 5 Shnk
Directed Spray Rig, 16
Lister, 7 Bottom
Fertilizer Spreader, 28
Rolling Cultivator, 6 R
Dbl. Offset Disk, 13'
Blade Scraper, 10'
Blade Scraper, 10'
11
12
13
14
15
Feb
Feb
Mar
Mar
Mar
3.0
1.0
1.0
1.0
9.0
Knock Borders
80
Plant
100
Remove Cap
80
Cultivate
100
Irrigate/Run Fertiliz
Border Disk, 6' Disk
Planter, 6 Row
Section Harrow, 4 Secti
Rolling Cultivator, 6 R
16
17
18
19
Apr
Apr
May
May
1.0
1.0
1.0
2.0
Cultivate
100 Rolling Cultivator, 6 R
Hand Weeding
Apply Insecticide/Air
CST
Apply Insecticide/Air
CST
20
21
22
23
24
Jul
Jul
Jul
Jul
Aug
2.0
1.0
1.0
1.0
1.0
Prepare Ends
100 Offset Disk, 13.5'
Combine Harvest
CST Combine Corn
Haul
CST Haul Grain
Drying
CST Dry Corn
Cut Stalks
100 Flail Stalk Cutter, 4 R
Pickup Use 30 Mi/Ac
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
52
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/02/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Uni
$/Unit
4.80
3.40
10.00 Atrazine
5.00 Lb
2.18 Lb
4.00
8.00 00-45-00, Treble S 200.00 Lb 265.50 Tn
5.60
80.00
40.00
76.90
7.80 Water, District
7.00 AI
0.00 AF
46-00-00, Urea 46 100.00 Lb 355.00 Tn
40.00
5.00 Field Corn Sd
28.00 Th
0.94 Th
11.00
4.50
5.00 Water, District
4.00 AI
0.00 AF
82-00-00, Anhyd. A 40.00 Lb 345.00 Tn
5.60
1.50
Permethrin
8.00 Oz 177.72 Ga
Permethrin
4.00 Oz 177.72 Ga
Methomyl
2.50 Pt 47.16 Ga
80.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Tractor
Tractor
Tractor
Tractor
Irrigator
Tractor
Hand Weed
6.00
6.00
Irrigator
17.50 Ac
0.25 CW
5.00 Tn
3.80
1.00
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 11B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 3/30