Table 3A. Income and Cash Operating Summary; Alfalfa Stand Establish, 1998
COUNTY: Maricopa
CROP:
Alfalfa Hay
AREA:
Salt River Project
FARM: Maricopa County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 10
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Quantity
0.00
Price/
Unit
$0.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$0.00
34.90
35.86
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
11.31
13.65
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
66.09
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
Total
/Acre
Your Farm
Budget
$0.00
____________
29.21
____________
____________
____________
70.76
____________
____________
____________
24.96
____________
____________
____________
0.00
____________
66.09
____________
____________
22.38
6.82
Chemicals and Custom Applications
Fertilizer
Herbicide
Other Purchased Inputs &
Seed/Transplants
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/2/99
-------------191.02
-------------0.00
____________
7.64
3.58
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
$202.25
($202.25)
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $20.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 4 / 8
Table 3B. Allocations of Ownership Costs; Alfalfa Stand Establish, 1998
COUNTY:Maricopa
CROP:
Alfalfa Hay
AREA:
Salt River Project
FARM: Maricopa County 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
0.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 11
$0.00 / Tn
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/2/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$0.00
$0.00
$202.25
$202.25
($202.25)
2.98
10.11
6.07
-------------19.16
($202.25)
2.98
10.11
6.07
-------------19.16
221.41
221.41
($221.41)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($221.41)
15.02
8.94
-------------23.96
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($221.41)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($619.00 X 16.0% X 0.141)
Opportunity Interest on Land (100% X 6.0 X $619.00)
Water Assessment
13.98
13.98
37.14
20.00
-------------71.12
20.00
-------------Total Land Costs
33.98
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($255.39)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($245.37)
-------------53.14
16.18
-------------130.42
=============
=============
TOTAL COST
$255.39
$332.67
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($255.39)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($316.49)
($332.67)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 4 / 8
Table 3C. Variable Operating Costs; Alfalfa Stand Establish, 1998
COUNTY:Maricopa
CROP:
Alfalfa Hay
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
FARM: Maricopa County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
---- Hours * ---Machine Labor
Rip
Plow
Apply Fert/Ground
Laser Level
Disk
Make Borders
Plant
Irrigate
Apply Insecticide/Air
Irrigate
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.214
0.257
0.180
0.900
0.170
0.045
0.300
0.238
0.286
0.200
1.000
0.189
0.050
0.333
0.400
Page 12
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
2.73
3.99
1.39
10.22
2.71
0.33
3.60
2.32
2.79
1.95
9.75
1.84
0.49
3.25
3.90
34.90
66.09
4.23
0.150
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/2/99
1.46
31.63
Times
5.05
6.77
38.24
19.96
4.55
0.81
72.94
3.90
35.86
1.46
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
7.64
3.58
Tot. Cash
Expenses
5.05
6.77
38.24
19.96
4.55
0.81
72.94
3.90
35.86
2.92
7.64
3.58
Class
L
L
G
L
L
G
L
G
G
G
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
202.25
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
$20.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
109.28
Growing (G)
81.74
Harvest (H)
0.00
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
11.22
=============
Total (T)
$202.25
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 4 / 8
Table 3D. Resource and Cash Flow Requirements; Alfalfa Stand Establish, 1998
COUNTY:Maricopa
CROP:
Alfalfa Hay
AREA:
Salt River Project
Month *
Number
Irrigations
Water
Applied
(inches)
AUG C
SEP C
0.5
OCT C
1.5
NOV C
0.5
DEC C
0.5
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
3.0
FARM: Maricopa County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Total
Labor (Hrs)
4.0
7.0
1.5
1.5
Page 13
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.52
1.81
0.52
0.08
0.08
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/2/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
6.72
16.44
1.80
5.11
17.60
5.04
0.73
0.73
66.53
33.05
33.05
3.58
11.83
137.85
39.88
0.73
0.73
7.64
3.58
7.81
3.86
202.25
100.00
4.23
7.64
**
14.0
3.00
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
22.0
Total P
96.0
Total K
0.0
Total Labor
3.0
Total Water
14.0
EQUIPMENT REQUIREMENTS ( per Acre)
Border Disk, 6' Disk
0.05 Hr
Grain Drill, 14'
0.30 Hr
Offset Disk, 18'
0.17 Hr
Tractor, 150 PTO HP,
1.54 Hr
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
200.00 Lb
Water, District
14.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
0.70 Hr
32.61
16.12
29.21
14.44
66.53
32.90
66.09
32.68
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
14.0 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
2.3 M BTU
Drag Scraper, 10'
Laser, Complete System
Pickup Truck, 1/2 Ton
V-Ripper, 7 Shnk
Alfalfa Sd, Cert
Tractor
0.90
0.90
1.00
0.21
Hr
Hr
Hr
Hr
25.00 Lb
Fertilizer Broadcaster,
Moldboard Plow, 5-16 2
Tractor, 100 PTO HP,
0.18 Hr
0.26 Hr
0.52 Hr
Imazethapyr
6.00 Oz
2.30 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$20.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 4 / 8
Table 3E. Schedule of Operations; Alfalfa Stand Establish, 1998
COUNTY:Maricopa
CROP:
Alfalfa Hay
AREA:
Salt River Project
First
No.MonthTimes
FARM: Maricopa County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Operation
1
2
3
4
Aug
Aug
Sep
Sep
1.0
1.0
1.0
1.0
Rip
Plow
Apply Fert/Ground
Laser Level
5
6
7
8
9
10
Sep
Sep
Sep
Sep
Sep
Oct
1.0
1.0
1.0
1.0
1.0
2.0
Disk
Make Borders
Plant
Irrigate
Apply Insecticide/Air
Irrigate
Pickup use 30 Mi/Ac
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 7 Shnk
150 Moldboard Plow, 5-16 2
100 Fertilizer Broadcaster,
150 Drag Scraper, 10'
Laser, Complete System
150 Offset Disk, 18'
100 Border Disk, 6' Disk
100 Grain Drill, 14'
CST Air Spray, 3 Gal Mix
Pickup Truck, 1/2 Ton
Page 14
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/2/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.20
3.50
5.00 11-48-00, Dry
1.00
5.30
20.00
3.00 Alfalfa Sd, Cert
2.50 Water, District
Imazethapyr
6.67 Water, District
1.00
Tractor
Tractor
Tractor
Tractor
200.00 Lb 330.00 Tn
25.00
8.00
6.00
3.00
Lb 250.00 CW
AI
0.00 AF
Oz 638.10 Ga
AI
0.00 AF
Labor
Type
Tractor
Tractor
Tractor
Irrigators
4.23 Ac
Irrigators
*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 4 / 8