Table
5A. Income and Cash Operating Cost Summary, Alfalfa Hay w/ Sheep, 1996
COUNTY: Mohave
CROP:
Alfalfa Hay w/Graze
AREA:
Mohave Valley
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
7.0 Tn/Acre
Item
INCOME ->
Alfalfa
Grazing
Page
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Hay
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Ton
Head Days
7.00
200.00
$82.0000
0.0900
$574.00
18.00
$592.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Pump Energy - Elect.
Repairs & Maint.
21.37
2.19
19.18
196.21
86.98
43.85
65.38
2.15
1.25
0.91
21.33
19.20
2.13
Other Purchased Inputs & Services
Seed/Transplants
9.92
9.92
_________
250.98
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
8.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
Notes: The above figures do not include ownership costs, see Table
14
32.00
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
12.97
__________
118.75
____________
____________
____________
____________
____________
____________
____________
____________
____________
15.27
0.11
==========
$385.11
$206.89
____________
____________
============
____________
____________
5.36
26.64
73.79
22.95
50.84
5B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/ 6
Table
5B. Allocation of Ownership Costs; Alfalfa Hay w/ Sheep, 1996
COUNTY: Mohave
CROP:
Alfalfa Hay w/Graze
AREA:
Mohave Valley
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
7.0 Tn/Acre
Page
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Hay
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $ 82.0000/Tn + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
15
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$592.00
|
385.10
$206.89
|
$206.89
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
9.74
|
9.74
Wells & Irrig. System
0.94
|
0.94
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
19.25
|
19.25
General Farm Maint. ( 3% of Tot. Oper. Exp.)
11.55
|
11.55
_________
|
_________
Total Cash Overhead Expenses
41.48
|
41.48
|
Total Cash Oper. & Over. Cost
426.59
|
426.59
RETURNS OVER CASH OPER. & OVER. EXPENSES.
165.40
|
165.40
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
66.36
Wells & Irrig. System
|
5.76
Interest on Equity, Machinery & Vehicles
|
5.68
Wells & Irrig. System
|
2.23
Stand Establishment ( 3 Year Crop)
91.23
|
91.23
|
_________
Total Capital Allocations
91.23
|
171.25
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ———————————————————————————>
74.17
|
RETURNS TO LAND, MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————>(
5.85)
_________
|
___________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($510 X 16% X .10038)
8.19
|
8.19
Opport. Inter. on Land (100% X 6.0% X $510)
|
30.60
—————
|
—————
Total Land Costs
8.19
|
38.79
RETURNS TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————>
65.98
|
RETURNS TO MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————————————>(
44.64)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
30.80
__________
|
_________
TOTAL OWNERSHIP COST
140.90
|
282.34
==========
|
=========
TOTAL COST
$526.01
|
$667.45
RETURN TO MANAGEMENT, CAPITAL & RISK ——————————————————————————————————>
$65.98
|
RETURN TO RISK (PROFITS) ————————————————————————————————————————————————————————————————————————————————>( $75.45)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$592.00
385.10
Tn)
$52.44
$20.12
$72.57
|
|
|
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/ 6
$52.44
$40.33
$92.77
Table
5C. Variable Operating Costs; Alfalfa Hay w/ Sheep, 1996
COUNTY: Mohave
CROP:
Alfalfa Hay w/Graze
AREA:
Mohave Valley
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
Jan
Feb
Apr
Apr
Apr
Apr
Apr
Apr
Jun
Jul
Sep
Oct
Oct
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
7.0 Tn/Acre
Operation
Page
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Hay
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Irrigate
Irrigate/Run Fertilizer
Swathing
Raking
Baling
Roadsiding
Apply Herbicide/Air
Apply Insecticide/Air
Irrigate/Run Fertilizer
Rerun Borders
Apply Insecticide/Air
Renovate
Plant
Pickup Use 60 Mi/Ac
Operating Interest at 8.00%
0.180
0.129
0.180
0.082
0.090
0.180
0.300
2.000
0.161
0.161
0.200
0.143
0.200
0.091
0.161
0.100
0.200
0.333
|
|
|
|
|
|
|
|
|
|
|
|
|
1.25
1.25
2.54
1.58
4.95
1.47
1.13
1.13
1.40
1.00
1.40
0.77
1.25
0.76
1.13
0.84
2.14
2.50
15.26
1.68
2.80
11.90
1.85
5.90
6.00
20.79
15.02
15.56
8.32
3.09
33.08
0.15
TOTAL CASH OPERATING EXPENSES:
$112.46
$53.38
$46.59
$172.61
16
2.38
14.28
3.94
2.58
8.20
2.24
32.69
21.02
17.94
1.60
11.41
3.82
38.38
Times
10.0
6.0
7.0
7.0
7.0
7.0
2.0
1.0
1.0
1.0
2.0
0.3
0.3
Tot. Cash
Expense Class
23.80
85.68
27.59
18.09
57.39
15.66
65.38
21.02
17.94
1.60
22.82
1.15
11.52
15.26
0.15
________
$385.05
G
G
H
H
H
H
G
G
G
G
G
G
L
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.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$11.51
Growing (G)
239.38
Harvest (H)
118.73
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
15.41
—————
Total (T)
$385.04
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
—————————————————————————————————————————————————————————————————————————————————————
Yields
|
$61.50
$73.80
$82.00
$90.20
$102.50
Break-even
|————————————————————————————————————————————————————————————————
-25%
5.2
|
-32.49
32.08
75.13
118.18
182.75
67.68
-10%
6.3
|
14.27
91.76
143.42
195.08
272.57
59.23
Budgeted
7.0
|
45.45
131.55
188.95
246.35
332.45
55.00
+10%
7.7
|
76.62
171.33
234.47
297.61
392.32
51.54
+25%
8.7
|
123.39
231.01
302.76
374.51
482.14
47.39
Break-even Yield
|
5.97
4.68
4.09
3.63
3.11
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/ 6
Table
5D. Resource and Cash Flow Requirements; Alfalfa Hay w/ Sheep, 1996
COUNTY: Mohave
CROP:
Alfalfa Hay w/Graze
AREA:
Mohave Valley
Total
Labor (Hrs)
|
|
|
JAN C
1.0
5.0
FEB C
2.0
10.0
MAR C
1.0
5.0
APR C
2.0
10.0
MAY C
2.0
10.0
JUN C
2.0
10.0
JUL C
1.0
5.0
AUG C
2.0
10.0
SEP C
2.0
10.0
OCT C
1.0
5.0
NOV C
1.0
5.0
Pickup Use 60 Mi/Ac
Operating Interest at 8.0%
0.16
0.32
0.16
0.95
0.95
0.95
0.89
0.95
0.95
0.95
0.16
|
|
|
|
|
|
|
|
|
|
|
Total
%
7.43
Month *
Number
Irrig.
17.0
Water
Applied
(Inches)
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
7.0 Tn/Acre
85.0
MATERIALS REQUIREMENTS(/Acre)
Water, Pump
Trifluralin
Methomyl
LABOR REQUIREMENTS(/Acre)
Irrigators
* NOTE:
P = Previous Year
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Hay
17
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
1.25
2.50
1.25
13.04
13.04
13.04
12.55
13.04
13.04
13.19
1.25
15.26
|
|
112.46
30.21
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
223.8 lbs
Total P
38.8 lbs
Total K
0.0 lbs
Total Labor
7.4 Hrs
Total Water
85.0 AI
EQUIPMENT REQUIREMENTS(/Acre)
Windrower, 14.0', HS, SC
Baler, 3 wire w/motor
Offset Disk, 13.5'
Page
1.13
2.26
1.13
6.83
6.83
6.83
6.54
6.83
6.83
7.04
1.13
1.26 Hrs
1.26 Hrs
0.05 Hrs
85.00 AI
40.00 Lb
1.00 Pt
Tractor, 100 PTO HP, MFWD
Bale Wagon, SP PRC
Seeder, Broadcast
2.74 Hrs
32-00-00, URAN 32, Lqd
Disulfoton
Alfalfa Sd, Cert
C = Current Year
Harvest
35.81
48.25
11.90
23.81
18.09
53.36
14.33
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
22.4
Regular Gas
0.0
NonLead Gas
6.0
Electricity/Pumping
309.9
All Direct Energy
4.9
0.14
2.38
16.66
2.38
69.03
21.72
75.47
32.84
45.53
56.45
32.00
2.38
15.26
0.14
33.78
9.07
372.25
100.00
11.90
149.76
40.23
1.85
1.85
1.85
1.85
1.85
1.85
11.77
22.89
6.14
11.50
5.50
16.64
Gal
Gal
Gal
KWH
M BTU
2.40 Hrs
0.57 Hrs
0.09 Hrs
60.00 Ga
2.00 Pt
4.50 Lb
3.80 Hrs
Rake, 9.5' LH AND RH
Border Disk, 6' Disk
Pickup Truck, 1/2 Ton
Twine, Plastic, 6500 ‘
10-34-00, Lqd
0.90 Hrs
0.09 Hrs
2.00 Hrs
3.43 TF
10.00 Ga
Tractor
N = Next Year
0.90 Hrs
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/ 6
Table
5E
Schedule of Operations; Alfalfa Hay w/ Sheep, 1996
COUNTY: Mohave
CROP:
Alfalfa Hay w/Graze
AREA:
Mohave Valley
First
No. Month Times
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
7.0 Tn/Acre
Page
Operation
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Alfalfa Hay
1
2
Jan 10.0 Irrigate
Feb 6.0 Irrigate/Run Fertiliz
3
4
5
6
7
8
9
Apr
Apr
Apr
Apr
Apr
Apr
Jun
7.0
7.0
7.0
7.0
2.0
1.0
1.0
Swathing
Raking
100
Baling
100
Roadsiding
Apply Herbicide/Air
Apply Insecticide/Air
Irrigate/Run Fertiliz
Windrower, 14.0', HS, S
Rake, 9.5' LH AND RH
Baler, 3 wire w/motor
Bale Wagon, SP PRC
CST Air Apply Granules
CST Air Spray, 3 Gal Mi
10
11
12
13
Jul
Sep
Oct
Oct
1.0
2.0
0.3
0.3
Rerun Borders
100
Apply Insecticide/Air
Renovate
100
Plant
100
Pickup Use 60 Mi/Ac
Border Disk, 6' Disk
CST Air Spray, 5 Gal Mi
Offset Disk, 13.5'
Seeder, Broadcast
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
* NOTE:
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
6.20 Water, Pump
6.20 Water, Pump
32-00-00, URAN 32,
5.00
7.00
5.00 Twine, Plastic, 65
11.00
Trifluralin
Disulfoton
6.20 Water, Pump
10-34-00, Lqd
10.00
Methomyl
5.00
3.00 Alfalfa Sd, Cert
0.50
5.00 AI
5.00 AI
10.00 Ga
0.49 TF
20.00
2.00
5.00
10.00
Lb
Pt
AI
Ga
18
3.01 AF
3.01 AF
205.00 Tn
Irrigator
Irrigator
Harvest
Harvest
Harvest
Tractor
3.60 TF
0.99
57.21
3.01
260.00
Labor
Type
Lb
Ga
AF
Tn
5.50 Ac
6.00 Ac
0.50 Pt
47.16 Ga
8.32 Ac
15.00 Lb
210.00 CW
Irrigator
Tractor
Tractor
Tractor
Machine times, labor times, and material rates are for one time over the designated acreage.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/ 6