Table
6A. Income and Cash Operating Cost Summary, Alfalfa Silage w/Sheep, 1996
COUNTY: Maricopa
CROP:
Alfalfa Silage/Graze
AREA:
Salt River Project
FARM: Maricopa County Farm
ACRES:
1.0
YIELD:
20.0 Tn/Acre
Item
INCOME ->
Silage
Sheep
Page
WATER SOURCE:
SRP
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Silage/G
Unit
Quantity
Price
/Unit
Ton
Head Days
20.00
200.00
$35.0000
0.0900
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Irrigation
Chemicals & Custom Applications
Insecticides
Herbicides
Farm Machinery and Vehicles
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Budgeted
/Acre
$700.00
18.00
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
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:
Sandy-Loam
DATE:
09/23/96
Total
/Acre
Your Farm
Budget
$718.00
____________
____________
29.43
29.43
54.71
25.96
28.75
0.00
95.96
**
_________
180.10
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
19
33.36
____________
____________
____________
____________
____________
____________
____________
____________
____________
_________
85.51
____________
____________
____________
____________
____________
____________
____________
____________
9.91
0.46
=========
$275.98
$442.02
____________
____________
============
____________
____________
23.55
9.81
52.15
12.54
39.61
Notes: The above figures do not include ownership costs, see Table 6B on Next Page for detailed cost allocation.
** A water assessment charge of $20.34/Acre is included in the ownership costs of Table 6B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 5/24
Table
6B. Allocation of Ownership Costs; Alfalfa Silage w/Sheep, 1996
COUNTY: Maricopa
CROP:
Alfalfa Silage/Graze
AREA:
Salt River Project
FARM: Maricopa County Farm
ACRES:
1.0
YIELD:
20.0 Tn/Acre
Page
WATER SOURCE:
SRP
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Silage/G
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $ 35.0000/Tn + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/23/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$718.00
|
275.97
$442.02
|
$442.02
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
7.18
|
7.18
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
13.79
|
13.79
General Farm Maint. ( 3% of Tot. Oper. Exp.)
8.28
|
8.28
_________
|
_________
Total Cash Overhead Expenses
29.25
|
29.25
|
Total Cash Oper. & Over. Cost
305.23
|
305.23
RETURNS OVER CASH OPER. & OVER. EXPENSES.
412.76
|
412.76
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
50.14
Interest on Equity, Machinery & Vehicles
|
3.08
Stand Establishment ( 3 Year Crop)
106.44
|
106.44
|
_________
Total Capital Allocations
106.44
|
159.65
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>
306.32
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>
253.10
_________
|
__________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($702 X 16% X .12601)
14.15
|
14.15
Opport. Inter. on Land (100% X 6.0% X $702)
|
42.12
Water Assessment **
20.34
|
20.34
—————
|
—————
Total Land Costs
34.49
|
76.61
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>
271.82
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>
176.49
|
Management Services ( 8% of Tot. Oper. Exp.)
|
22.07
__________
|
__________
TOTAL OWNERSHIP COST
170.19
|
287.60
==========
|
==========
TOTAL COST
$446.17
|
$563.58
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————> $271.82
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>
$154.41
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$718.00
275.97
Tn)
$12.89
$8.50
$21.40
|
|
|
20
$12.89
$14.38
$27.27
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 5/24
Table
6C. Variable Operating Costs; Alfalfa Silage w/Sheep, 1996
COUNTY: Maricopa
CROP:
Alfalfa Silage/Graze
AREA:
Salt River Project
First
No. Month
1
2
3
4
5
6
7
Jan
Feb
Mar
Apr
Apr
Apr
Apr
FARM: Maricopa County Farm
ACRES:
1.0
YIELD:
20.0 Tn/Acre
Operation
Page
WATER SOURCE:
SRP
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Silage/G
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Apply Insecticide/Air
Irrigate
Irrigate/Run Herbicide
Apply Insecticide/Air
Swathing
Chopping
Field Transport
Pickup Use 40 Mi/Ac
Operating Interest at 8.00%
0.180
0.180
0.180
1.330
|
0.300 |
0.300 |
|
0.200 |
0.200 |
0.200 |
6.00
7.51
2.50
17.45
6.45
2.10
2.10
6.00
2.41
3.46
1.58
9.90
1.40
1.68
1.68
0.46
TOTAL CASH OPERATING EXPENSES:
$62.05
$62.72
$12.46
$138.66
13.51
4.60
19.55
12.45
3.81
5.14
3.26
21
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/23/96
Times
1.0
8.0
6.0
1.0
7.0
7.0
7.0
Tot. Cash
Expense Class
13.51
36.80
117.30
12.45
26.68
35.97
22.82
9.90
0.46
________
$275.89
G
G
G
G
H
H
H
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 $20.34/Acre included as ownership cost in Table 6B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$0.00
Growing (G)
180.06
Harvest (H)
85.46
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
10.36
—————
Total (T)
$275.89
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$26.25
$31.50
$35.00
$38.50
$43.75 Break-even
|———————————————————————————————————————————————————————————————
-25%
15.0
|
139.22
217.97
270.47
322.97
401.72
16.96
-10%
18.0
|
205.15
299.65
362.65
425.65
520.15
14.85
Budgeted
20.0
|
249.10
354.10
424.10
494.10
599.10
13.79
+10%
22.0
|
293.05
408.55
485.55
562.55
678.05
12.92
+25%
25.0
|
358.98
490.23
577.73
665.23
796.48
11.89
Break-even Yield
|
8.66
6.99
6.19
5.56
4.82
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 5/24
Table
6D. Resource and Cash Flow Requirements; Alfalfa Silage w/Sheep, 1996
COUNTY: Maricopa
CROP:
Alfalfa Silage/Graze
AREA:
Salt River Project
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Maricopa County Farm
ACRES:
1.0
YIELD:
20.0 Tn/Acre
Total
Labor (Hrs)
|
|
|
0.30
0.30
1.20
0.90
1.20
1.20
0.90
1.20
0.90
0.30
|
|
|
|
|
|
|
|
|
|
|
JAN C
FEB C
1.0
6.0
MAR C
1.0
6.0
APR C
2.0
12.0
MAY C
1.0
6.0
JUN C
2.0
12.0
JUL C
2.0
12.0
AUG C
1.0
6.0
SEP C
2.0
12.0
OCT C
1.0
6.0
NOV C
1.0
6.0
Pickup Use 40 Mi/Ac
Operating Interest at 8.0%
Water Assessment
Total
%
14.0
84.0
Page
WATER SOURCE:
SRP
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Silage/G
22
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/23/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
7.45
7.45
7.45
7.45
7.45
7.45
7.45
5.00
10.00
10.00
5.00
33.00
16.50
16.50
7.51
6.00
4.79
11.24
6.00
2.10
2.10
8.97
6.87
8.97
8.97
6.87
8.97
6.87
2.10
0.34
13.51
2.10
6.89
33.66
19.32
31.21
31.21
19.32
54.21
35.61
18.60
9.90
0.34
12.34
4.47
275.89
100.00
4.79
4.79
4.79
4.79
9.90
**
8.40
|
|
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
0.0 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
8.4 Hrs
Total Water
84.0 AI
96.00
34.79
62.05
22.49
62.79
22.76
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
14.3
Regular Gas
0.0
NonLead Gas
4.0
All Direct Energy
EQUIPMENT REQUIREMENTS(/Acre)
Windrower, 14.0', HS, SC
Forage Wagon PTO Unloader
1.26 Hrs
2.52 Hrs
Tractor, 100 PTO HP, MFWD
Tractor, 60 PTO HP, MFWD
MATERIALS REQUIREMENTS(/Acre)
Disulfoton
Dimethoate
1.00 Pt
1.50 Pt
Water, District
LABOR REQUIREMENTS(/Acre)
Irrigators
4.20 Hrs
Harvest
2.4
42.70
15.48
Gal
Gal
Gal
M BTU
1.26 Hrs
1.26 Hrs
84.00 AI
1.40 Hrs
* NOTE:
P = Previous Year C = Current Year
N = Next Year
** A water assessment charge of $20.34/Acre included as ownership cost in Table
Forage Harvester PTO WP6.2
Pickup Truck, 1/2 Ton
1.26 Hrs
1.33 Hrs
EPTC
8.40 Pt
Tractor
2.80 Hrs
6B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 5/24
Table
6E
Schedule of Operations; Alfalfa Silage w/Sheep, 1996
COUNTY: Maricopa
CROP:
Alfalfa Silage/Graze
AREA:
Salt River Project
First
No. Month Times
Page
FARM: Maricopa County Farm
ACRES:
1.0
YIELD:
20.0 Tn/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
1
2
3
Jan
Feb
Mar
1.0 Apply Insecticide/Air
8.0 Irrigate
6.0 Irrigate/Run Herbicid
4
5
6
Apr
Apr
Apr
7
Apr
1.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mi
7.0 Swathing
Windrower, 14.0', HS, S
7.0 Chopping
100 Forage Harvester PTO WP
Forage Wagon PTO Unload
7.0 Field Transport
60 Forage Wagon PTO Unload
Pickup Use 40 Mi/Ac
Pickup Truck, 1/2 Ton
WATER SOURCE:
SRP
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Silage/G
Job Rate
Acres/Hr
CST Air Spray, 3 Gal Mi
3.33
3.33
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
09/23/96
———— Material Use & Cost ———
Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Disulfoton
Water, District
Water, District
EPTC
Dimethoate
1.00
6.00
6.00
1.40
1.50
Pt
AI
AI
Pt
Pt
57.21
0.00
0.00
26.08
32.75
23
Ga
AF
AF
Ga
Ga
Labor
Type
6.00 Ac
Irrigator
Irrigator
6.00 Ac
5.00
5.00
Harvest
Tractor
5.00
0.75
Tractor
* NOTE: Machine times, labor times, and material rates are for one time over the designated acreage.
** A water assessment charge of $20.34/Acre included as ownership cost in Table 6B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 5/24