Table 7A. Income and Cash Operating Summary; Grain Sorghum (Spring), 1998
COUNTY: La Paz
CROP:
Sorghum(Milo), Grain
AREA:
Parker CRIR
FARM: LaPaz County 98
ACRES:
1.0
YIELD:
3,200.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 30
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
3,200.00
Price/
Unit
$0.11
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$352.00
Total
/Acre
Your Farm
Budget
$352.00
____________
39.71
____________
____________
____________
66.25
____________
____________
____________
____________
30.54
____________
____________
____________
0.00
____________
11.08
____________
____________
22.74
16.97
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
40.99
13.65
11.61
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
12.76
17.78
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
11.08
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------147.58
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
1.42
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.61
0.86
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
1.42
____________
____________
1.46
____________
____________
____________
59.10
-------------61.98
____________
7.69
9.48
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$226.72
$125.28
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $34.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 79
Table 7B. Allocations of Ownership Costs; Grain Sorghum (Spring), 1998
Page 31
COUNTY:La Paz
FARM: LaPaz County 98
WATER SOURCE:
CRIR Irrigation Project
CROP:
Sorghum(Milo), Grain ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
AREA:
Parker CRIR
YIELD:
3,200.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
$0.11 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
$226.72
$226.72
$125.28
3.84
11.34
6.80
-------------21.98
$125.28
3.84
11.34
6.80
-------------21.98
248.70
248.70
$103.30
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$103.30
20.75
9.12
-------------29.87
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$103.30
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
150.00
150.00
34.50
34.50
--------------------------Total Land Costs
184.50
184.50
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($81.20)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$73.43
Land Cost / Rent or Lease
Water Assessment
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------206.48
18.14
-------------254.49
=============
=============
TOTAL COST
$433.20
$481.21
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($81.20)
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
$0.07
$0.06
$0.14
($111.07)
($129.21)
$0.07
$0.08
$0.15
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 79
Table 7C. Variable Operating Costs; Grain Sorghum (Spring), 1998
COUNTY:La Paz
FARM: LaPaz County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Parker CRIR
YIELD:
3,200.0 Lb / Acre
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
Apr
Jul
Jul
Aug
Aug
---- Hours * ---Machine Labor
Disk
Rip
List
Make Borders
Irrigate/Run Fertilizer
Knock Borders
Disk
Plant
Make Borders
Apply Herbicide/Air
Apply Insecticide/Air
Rerun Borders
Cultivate
Irrigate
Combine Harvest
Haul, Custom 36 CW
Cut Stalks 36 CW
Disk Residue 36 CW
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.300
0.300
0.180
0.113
0.090
0.150
0.150
0.113
Page 32
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.333
0.333
0.200
0.125
0.400
0.100
0.167
0.167
0.125
4.73
5.28
2.34
0.83
0.68
1.37
2.14
0.67
2.82
2.82
1.69
1.06
2.83
0.85
1.42
1.42
1.06
10.25
11.08
4.75
4.23
0.090
0.150
0.100
0.167
0.400
0.53
1.15
0.85
1.42
2.83
50.10
9.00
0.150
0.300
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
0.167
0.333
1.46
4.73
7.69
1.42
2.82
6.86
9.42
Tot. Cash
Expenses
Times
7.55
8.11
4.04
1.89
13.08
1.53
2.79
14.64
1.73
11.61
13.65
1.38
2.56
2.83
50.10
9.00
2.88
7.55
2.0
1.0
1.0
1.0
4.0
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
15.10
8.11
4.04
1.89
52.31
4.58
2.79
14.64
1.73
11.61
13.65
1.38
2.56
5.66
50.10
9.00
2.88
7.55
7.69
9.48
9.48
Class
L
L
L
G
G
G
L
L
G
G
G
G
G
G
H
H
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
226.72
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
$34.50 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
52.22
Growing (G)
95.36
Harvest (H)
59.10
Post Harvest (P)
2.88
Marketing (M)
0.00
Operating Overhead (O)
17.17
=============
Total (T)
$226.72
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.08
$0.10
$0.11
$0.12
$0.14 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
2,400.0
2,880.0
3,200.0
3,520.0
4,000.0
Break-even Yield
-10.76
19.55
39.75
59.95
90.25
28.84
67.07
92.55
118.03
156.25
55.24
98.75
127.75
156.75
200.25
81.64
130.43
162.95
195.47
244.25
121.24
177.95
215.75
253.55
310.25
2,570.39 2,037.80
1,790.47
1,596.68
1,373.66
0.09
0.08
0.07
0.07
0.06
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 79
Table 7D. Resource and Cash Flow Requirements; Grain Sorghum (Spring), 1998
COUNTY:La Paz
FARM: LaPaz County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Parker CRIR
YIELD:
3,200.0 Lb / Acre
Month *
Number
Irrigations
FEB C
MAR C
1.0
APR C
3.0
MAY C
2.0
JUL C
AUG C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
6.0
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
18.0
12.0
Page 33
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
1.32
0.96
1.57
0.80
17.91
4.86
2.36
11.22
7.57
11.60
5.66
0.60
6.87
7.69
5.08
10.25
36.77
10.25
9.48
29.13
33.75
59.71
15.91
29.55
41.50
7.69
9.48
77.56
34.21
226.72
100.00
11.08
8.98
29.55
29.55
**
36.0
5.25
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
200.1
Total P
0.0
Total K
0.0
Total Labor
5.3
Total Water
36.0
39.69
17.51
41.12
18.14
57.27
25.26
11.08
4.89
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
16.3 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
2.6 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Blade Scraper, 10'
0.27 Hr
Flail Stalk Cutter, 4 Row
0.15 Hr
Planter, Drill Type, 6 Row
0.15 Hr
Tractor, 80 PTO HP,
0.35 Hr
Tractor, 175 PTO HP
0.30 Hr
Border Disk, 6' Disk
Lister, 7 Bottom
Rolling Cultivator, 6 Rw
Tractor, 100 PTO HP,
V-Ripper, 5 Shnk
MATERIALS REQUIREMENT ( per Acre)
82-00-00, Anhyd.
244.00 Lb
Grain Sorghum Sd
11.00 Lb
Dicamba
Water, District
LABOR REQUIREMENT ( per Acre)
Irrigators
2.40 Hr
Tractor
0.32
0.18
0.15
0.83
0.30
Hr
Hr
Hr
Hr
Hr
0.50 Pt
36.00 AI
Dbl. Offset Disk, 16'
Pickup Truck, 1/2 Ton
Tandem Disk, 12'
Tractor, 150 PTO HP,
0.90
1.00
0.15
1.08
Hr
Hr
Hr
Hr
Disulfoton
1.00 Pt
2.85 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$34.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 79
Table 7E. Schedule of Operations; Grain Sorghum (Spring), 1998
COUNTY:La Paz
FARM: LaPaz County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Parker CRIR
YIELD:
3,200.0 Lb / Acre
First
No.Month Times
Operation
Page 34
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
5
Feb
Feb
Feb
Feb
Mar
2.0
1.0
1.0
1.0
4.0
Disk
Rip
List
Make Borders
Irrigate/Run Fertilizer
150 Dbl. Offset Disk, 16'
175 V-Ripper, 5 Shnk
150 Lister, 7 Bottom
100 Border Disk, 6' Disk
6
7
8
9
10
11
12
13
14
15
16
17
18
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
Apr
Jul
Jul
Aug
Aug
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
Knock Borders
Disk
Plant
Make Borders
Apply Herbicide/Air
Apply Insecticide/Air
Rerun Borders
Cultivate
Irrigate
Combine Harvest
Haul, Custom
Cut Stalks
Disk Residue
Pickup use 30 Mi/Ac
100 Blade Scraper, 10'
100 Tandem Disk, 12'
100 Planter, Drill Type, 6 Row
80 Border Disk, 6' Disk
CST Air Spray, 5 Gal Mix
CST Air Spray, 3 Gal Mix
80 Border Disk, 6' Disk
80 Rolling Cultivator, 6 Rw
CST Combine Grain Sorghum
CST Haul Grain
100 Flail Stalk Cutter, 4 Row
150 Dbl. Offset Disk, 16'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
3.00
3.00
5.00
8.00
2.50 Water, District
82-00-00, Anhyd.
10.00
6.00
6.00 Grain Sorghum Sd
8.00
Dicamba
Disulfoton
10.00
6.00
2.50 Water, District
Tractor
Tractor
Tractor
Tractor
Irrigators
6.00 AI
0.00 AF
61.00 Lb 317.00 Tn
11.00 Lb
6.00 AI
Tractor
Tractor
Tractor
Tractor
95.00 CW
0.50 Pt 103.50 Ga
1.00 Pt 71.08 Ga
Labor
Type
4.75 Ac
4.23 Ac
Tractor
Tractor
Irrigators
0.00 AF
37.50 Ac
0.25 C
6.00
3.00
1.00
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 2 / 79