Table 9A. Income and Cash Operating Summary; Sudan Hay w/Sheep, 1998
COUNTY: La Paz
CROP:
Sudan Hay
AREA:
Parker CRIR
INCOME ⇒
FARM: LaPaz County 98
ACRES:
1.0
YIELD:
6.0 Tn / Acre
Page 42
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Item
Unit
Quantity
Price/
Unit
Sudan Hay
Grazing
Ton
Head Days
6.00
180.00
$100.00
$0.09
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$600.00
$16.20
Total
/Acre
Your Farm
Budget
$616.20
____________
____________
45.39
____________
____________
____________
92.86
____________
____________
____________
39.24
____________
____________
____________
0.00
____________
63.60
____________
____________
27.19
18.20
Chemicals and Custom Applications
Fertilizer
Herbicide
77.06
15.79
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
17.04
22.20
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
63.60
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------241.08
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
24.33
____________
____________
____________
69.67
____________
____________
____________
____________
9.01
15.32
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Other Materials
11.89
57.78
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
13.65
-------------107.65
7.69
24.81
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$381.23
$234.97
____________
____________
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $34.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 178
Table 9B. Allocations of Ownership Costs; Sudan Hay w/Sheep, 1998
COUNTY:La Paz
CROP:
Sudan Hay
AREA:
Parker CRIR
FARM: LaPaz County 98
WATER SOURCE:
CRIR Irrigation Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
6.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 43
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$100.00 / Tn
$616.20
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$381.23
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$616.20
$381.23
$234.97
11.60
19.06
11.44
-------------42.10
$234.97
11.60
19.06
11.44
-------------42.10
423.33
423.33
$192.87
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$192.87
71.44
15.74
-------------87.18
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$192.87
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 ---------------------------------------->
$8.37
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$105.69
Land Cost / Rent or Lease
Water Assessment
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------226.60
30.50
-------------344.27
=============
=============
TOTAL COST
$607.83
$725.50
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$8.37
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
$60.84
$37.77
$98.60
($78.81)
($109.30)
$60.84
$57.38
$118.22
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 178
Table 9C. Variable Operating Costs; Sudan Hay w/Sheep, 1998
COUNTY:La Paz
CROP:
Sudan Hay
AREA:
Parker CRIR
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Apr
May
May
May
May
Oct
FARM: LaPaz County 98
ACRES:
1.0
YIELD:
6.0 Tn / Acre
---- Hours * ---Machine Labor
Disk
Rip
List
Landplane
Disk Ends
Make Borders
Block Borders
Apply Herbicide/Ground
Apply Fert/Ground
Plant
Irrigate
Irrigate/Run Fertilizer
Swathing
Crimping
Baling
Roadsiding
Residue Disposal
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.360
0.300
0.180
0.900
0.011
0.023
0.011
0.090
0.113
0.180
0.150
0.180
0.180
0.075
0.237
1.000
Page 44
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.400
0.333
0.200
1.000
0.013
0.024
0.013
0.100
0.125
0.200
0.286
0.286
0.167
0.200
0.200
0.083
0.263
5.40
5.28
2.34
11.34
0.11
0.17
0.08
0.83
0.72
2.17
3.39
2.82
1.69
8.47
0.11
0.20
0.11
0.85
1.06
1.69
2.02
2.02
1.18
1.41
1.69
0.59
2.23
2.25
1.35
5.44
6.59
3.55
7.69
15.79
22.58
63.60
13.62
3.41
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
Tot. Cash
Expenses
Times
8.78
8.11
4.04
19.81
0.22
0.38
0.19
17.47
24.36
67.47
2.02
15.64
3.43
2.77
10.55
7.17
5.78
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
4.0
5.0
5.0
4.0
4.0
1.0
26.35
8.11
4.04
19.81
0.22
0.38
0.19
17.47
24.36
67.47
10.11
62.57
17.16
13.83
42.19
28.69
5.78
7.69
24.81
24.81
Class
L
L
L
L
G
G
G
G
G
L
G
G
H
H
H
H
P
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
381.23
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)
125.78
Growing (G)
115.30
Harvest (H)
101.87
Post Harvest (P)
5.78
Marketing (M)
0.00
Operating Overhead (O)
32.50
=============
Total (T)
$381.23
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$75.00
$90.00
$100.00
$110.00
$125.00 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Break-even Yield
4.5
5.4
6.0
6.6
7.5
-4.64
46.72
80.95
115.19
166.54
62.86
127.72
170.95
214.19
279.04
107.86
181.72
230.95
280.19
354.04
152.86
235.72
290.95
346.19
429.04
220.36
316.72
380.95
445.19
541.54
4.58
3.63
3.19
2.84
2.44
76.03
66.35
61.51
57.55
52.79
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 2 / 178
Table 9D. Resource and Cash Flow Requirements; Sudan Hay w/Sheep, 1998
COUNTY:La Paz
CROP:
Sudan Hay
AREA:
Parker CRIR
Month *
Number
Irrigations
FARM: LaPaz County 98
ACRES:
1.0
YIELD:
6.0 Tn / Acre
Water
Applied
(inches)
FEB C
MAR C
1.0
APR C
2.0
MAY C
1.0
JUN C
2.0
JUL C
2.0
AUG C
1.0
OCT C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
9.0
Total
Labor (Hrs)
4.0
8.0
4.0
8.0
8.0
4.0
Page 45
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.33
2.16
0.57
0.94
1.22
1.22
0.94
0.63
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
18.42
20.82
11.30
17.91
4.04
6.90
8.92
8.92
6.90
4.82
15.63
15.63
15.63
15.63
7.16
7.69
38.37
13.62
13.62
13.62
13.62
24.81
29.71
140.71
17.67
25.94
41.58
41.58
39.56
11.98
7.69
24.81
24.81
6.51
381.23
100.00
63.60
3.41
3.41
3.41
3.41
**
36.0
9.01
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
200.5
Total P
78.0
Total K
0.0
Total Labor
9.0
Total Water
36.0
116.60
30.58
69.72
18.29
92.86
24.36
77.25
20.26
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
35.3 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
5.3 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bale Wagon, SP PRC
0.30 Hr
Dbl. Offset Disk, 13'
0.01 Hr
Grain Drill, 14'
0.18 Hr
Lister, 7 Bottom
0.18 Hr
Tractor, 80 PTO HP,
1.02 Hr
Tractor, 175 PTO HP
0.30 Hr
Baler, 3 wire w/motor
Directed Spray Rig, 16
Hay Crimper
Offset Disk, 16.5'
Tractor, 100 PTO HP,
V-Ripper, 5 Shnk
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
150.00 Lb
Sudan Grass Sd
120.00 Lb
46-00-00, Urea 46
Twine, Plastic, 6500 '
LABOR REQUIREMENT ( per Acre)
Harvest
2.17 Hr
Irrigators
0.72
0.09
0.90
1.32
1.02
0.30
Hr
Hr
Hr
Hr
Hr
Hr
400.00 Lb
1.96 TF
2.57 Hr
Blade Scraper, 10'
Fertilizer Broadcaster,
Landplane 12'X 45'
Pickup Truck, 1/2 Ton
Tractor, 150 PTO HP,
Windrower, 14.0', HS, SC
Atrazine
Water, District
Tractor
0.03
0.11
0.90
1.00
2.40
0.75
Hr
Hr
Hr
Hr
Hr
Hr
5.00 Lb
36.00 AI
4.27 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 / 178
Table 9E. Schedule of Operations; Sudan Hay w/Sheep, 1998
COUNTY:La Paz
CROP:
Sudan Hay
AREA:
Parker CRIR
First
No.MonthTimes
FARM: LaPaz County 98
ACRES:
1.0
YIELD:
6.0 Tn / Acre
Operation
Page 46
WATER SOURCE:
CRIR Irrigation Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
4
5
6
7
8
9
10
11
12
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Apr
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
4.0
Disk
150 Offset Disk, 16.5'
Rip
175 V-Ripper, 5 Shnk
List
150 Lister, 7 Bottom
Landplane
150 Landplane 12'X 45'
Disk Ends
80 Dbl. Offset Disk, 13'
Make Borders
100 Blade Scraper, 10'
Block Borders
100 Blade Scraper, 10'
Apply Herbicide/Ground100 Directed Spray Rig, 16
Apply Fert/Ground
80 Fertilizer Broadcaster,
Plant
100 Grain Drill, 14'
Irrigate
Irrigate/Run Fertilizer
2.50
3.00
5.00
1.00
80.00
40.00
80.00
10.00
8.00
5.00
3.50
3.50
13
14
15
16
17
May
May
May
May
Oct
5.0
5.0
4.0
4.0
1.0
Swathing
Crimping
Baling
Roadsiding
Residue Disposal
Pickup use 30 Mi/Ac
6.00
5.00
5.00 Twine, Plastic, 6500 '
12.00
3.80
1.00
Windrower, 14.0', HS, SC
80 Hay Crimper
100 Baler, 3 wire w/motor
Bale Wagon, SP PRC
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/22/99
Atrazine
11-52-00, Dry
Sudan Grass Sd
Water, District
Water, District
46-00-00, Urea 46
5.00
150.00
120.00
4.00
4.00
100.00
Lb
2.98 Lb
Lb 284.00 Tn
Lb 50.00 CW
AI
0.00 AF
AI
0.00 AF
Lb 257.00 Tn
0.49 TF
6.57 TF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Irrigators
Harvest
Harvest
Tractor
Harvest
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 / 178