Table
8A. Income and Cash Operating Cost Summary, Wheat, 1996
COUNTY: Mohave
CROP:
Wheat, Winter
AREA:
Mohave Valley
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
4,800.0 Lb/Acre
Item
INCOME ->
Page
Grain
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Cotton, Upland
31
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Pound
4,800.00
$0.0581
$278.88
$278.88
____________
21.72
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation (excluding labor)
Pump Energy - Elect.
Repairs & Maint.
14.15
7.56
60.25
51.27
8.98
21.77
10.90
10.87
8.78
7.91
0.88
Other Purchased Inputs & Services
Seed/Transplants
15.12
15.12
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Custom Harvest/Post Harvest
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
Your Farm
Budget
____________
____________
__________
127.63
____________
46.30
__________
46.30
____________
____________
____________
7.63
3.50
==========
$185.07
$93.81
____________
____________
============
____________
____________
8B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/32
Table
8B. Allocation of Ownership Costs; Wheat, 1996
COUNTY: Mohave
CROP:
Wheat, Winter
AREA:
Mohave Valley
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
4,800.0 Lb/Acre
Page
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.0581/Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
32
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$278.88
|
185.06
$93.81
|
$93.81
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
2.40
|
2.40
Wells & Irrig. System
0.39
|
0.39
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
9.25
|
9.25
General Farm Maint. ( 3% of Tot. Oper. Exp.)
5.55
|
5.55
________
|
_________
Total Cash Overhead Expenses
17.59
|
17.59
|
Total Cash Oper. & Over. Cost
202.66
|
202.66
RETURNS OVER CASH OPER. & OVER. EXPENSES.
76.21
|
76.21
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
13.10
Wells & Irrig. System
|
2.38
Interest on Equity, Machinery & Vehicles
|
6.25
Wells & Irrig. System
|
0.92
|
_________
Total Capital Allocations
|
22.64
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ——————————————————————————>
76.21
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>
53.56
_________
|
____________
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 ————————————————————————————————>
68.02
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>
14.77
|
Management Services ( 8% of Tot. Oper. Exp.)
|
14.80
__________
|
_________
TOTAL OWNERSHIP COST
25.78
|
93.83
==========
|
=========
TOTAL COST
$210.85
|
$278.90
RETURN TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————> $68.02
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>(
$0.02)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$278.88
185.06
Lb)
$0.0385
$0.0053
$0.0439
|
|
|
$0.0385
$0.0195
$0.0581
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/32
Table
8C. Variable Operating Costs; Wheat, 1996
COUNTY: Mohave
CROP:
Wheat, Winter
AREA:
Mohave Valley
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Jan
Jan
Mar
Jun
Jun
Jul
Page
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
4,800.0 Lb/Acre
Operation
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Disk
Landplane
Plant
Apply Fert/Ground
Apply Herbicide/Ground
Disk
Make Borders
Irrigate
Irrigate/Run Fertilizer
Apply Herbicide/Ground
Combine Harvest
Haul, Custom
48.0 CW
Disk Residue
Pickup Use 30 Mi/Ac
Operating Interest at 8.00%
0.225
0.209
0.180
0.090
0.090
0.225
0.090
0.090
0.180
1.000
0.250
0.233
0.200
0.100
0.100
0.250
0.100
0.130
0.143
0.100
|
|
|
|
|
|
|
|
|
|
|
|
0.200 |
3.58
3.48
2.25
0.81
0.81
3.58
0.80
1.00
1.25
0.86
2.10
1.96
1.68
0.84
0.84
2.10
0.84
0.91
1.00
0.84
15.12
13.23
15.59
12.68
6.15
34.30
12.00
2.86
7.63
1.68
3.68
TOTAL CASH OPERATING EXPENSES:
$38.15
$21.69
$49.98
$75.37
5.68
5.44
19.05
14.88
17.24
5.68
1.64
1.91
14.93
7.85
34.30
12.00
4.54
33
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
Times
2.0
1.0
1.0
1.0
0.3
1.0
1.0
5.0
3.0
0.7
1.0
1.0
1.0
Tot. Cash
Expense Class
11.35
5.44
19.05
14.88
5.17
5.68
1.64
9.55
44.79
5.49
34.30
12.00
4.54
7.63
3.68
________
$185.19
L
L
L
G
G
L
G
G
G
G
H
H
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)
$46.05
Growing (G)
81.52
Harvest (H)
46.30
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
11.31
—————
Total (T)
$185.19
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
—————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.04
$0.05
$0.05
$0.06
$0.07
Break-even
|————————————————————————————————————————————————————————————————
-25%
3,600.0
|
-16.74
14.62
35.54
56.45
87.83
0.04
-10%
4,320.0
|
7.68
45.32
70.42
95.52
133.17
0.04
Budgeted 4,800.0
|
23.96
65.79
93.68
121.57
163.40
0.03
+10%
5,280.0
|
40.25
86.26
116.94
147.62
193.63
0.03
+25%
6,000.0
|
64.68
116.97
151.83
186.69
238.98
0.03
Break-even Yield
| 4,093.64 3,257.04 2,866.49 2,559.58 2,205.39
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/32
Table
8D. Resource and Cash Flow Requirements; Wheat, 1996
COUNTY: Mohave
CROP:
Wheat, Winter
AREA:
Mohave Valley
Month *
Number
Irrig.
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
4,800.0 Lb/Acre
Water
Applied
(Inches)
Total
Labor (Hrs)
DEC P
JAN C
1.0
4.0
FEB C
1.0
5.0
MAR C
2.0
9.0
APR C
3.0
13.0
MAY C
1.0
4.0
JUN C
JUL C
Pickup Use 30 Mi/Ac
Operating Interest at 8.0%
1.41
0.13
0.14
0.27
0.47
0.13
Total
%
2.76
8.0
Page
0.20
35.0
|
|
|
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Cotton, Upland
|
|
|
|
|
|
|
|
18.31
1.00
1.25
2.25
3.85
1.00
11.88
0.91
1.00
1.91
3.41
0.91
2.86
7.63
1.68
|
|
38.15
22.65
Offset Disk, 13.5'
Grain Drill, 16'
Directed Spray Rig,
LABOR REQUIREMENTS(/Acre)
Tractor
* NOTE:
P = Previous Year
1.68 Hrs
15.12
3.66
63.22
1.91
14.93
16.84
24.24
1.91
29.50
4.54
7.63
3.66
33.16
19.69
168.40
100.00
12.68
12.68
16.98
21.72
12.89
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Tractor, 100 PTO HP, MFWD
Blade Scraper, 10'
120.00 Lb
35.00 AI
17.91
29.50
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
10.1
Regular Gas
0.0
NonLead Gas
3.0
Electricity/Pumping
127.6
All Direct Energy
2.2
MATERIALS REQUIREMENTS(/Acre)
Milling Wheat Sd, Cert
Water, Pump
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
181.0 lbs
Total P
41.6 lbs
Total K
0.0 lbs
Total Labor
2.7 Hrs
Total Water
35.0 AI
1.06 Hrs
0.45 Hrs
0.09 Hrs
34
8 Row
11-52-00, Dry
82-00-00, Anhyd. Ammmonia
Irrigators
C = Current Year
60.25
35.78
15.12
8.97
Gal
Gal
Gal
KWH
M BTU
0.86 Hrs
0.18 Hrs
0.06 Hrs
80.00 Lb
210.00 Lb
Landplane 14’X 60'
Fertilizer Broadcaster, Towed
Pickup Truck, 1/2 Ton
0.21 Hrs
0.12 Hrs
1.00 Hrs
Trifluralin
2,4-d
4.50 Lb
2.80 Pt
1.08 Hrs
N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 4/32
Table
8E
Schedule of Operations; Wheat, 1996
COUNTY: Mohave
CROP:
Wheat, Winter
AREA:
Mohave Valley
First
No. Month Times
Operation
FARM: Mohave County Farm
ACRES:
1.0
YIELD:
4,800.0 Lb/Acre
Page
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
ColPum
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Cotton, Upland
1
2
3
4
5
6
7
8
9
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Jan
Jan
2.0
1.0
1.0
1.0
0.3
1.0
1.0
5.0
3.0
Disk
150
Landplane
150
Plant
100
Apply Fert/Ground
100
Apply Herbicide/Groun100
Disk
150
Make Borders
100
Irrigate
Irrigate/Run Fertiliz
Offset Disk, 13.5'
Landplane 14’X 60'
Grain Drill, 16'
Fertilizer Broadcaster,
Fertilizer Broadcaster,
Offset Disk, 13.5'
Blade Scraper, 10'
10
11
12
13
Mar
Jun
Jun
Jul
0.7
1.0
1.0
1.0
Apply Herbicide/Groun100
Combine Harvest
Haul, Custom
Disk Residue
150
Pickup Use 30 Mi/Ac
Directed Spray Rig, 8
CST Combine Wheat
CST Haul Grain
Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
* NOTE:
4.00
4.30
5.00
10.00
10.00
4.00
10.00
7.70
7.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/03/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
Milling Wheat Sd, 120.00 Lb
11-52-00, Dry
80.00 Lb
Trifluralin
15.00 Lb
Water, Pump
4.00 AI
Water, Pump
5.00 AI
82-00-00, Anhyd. A 70.00 Lb
10.00 2,4-d
4.00 Pt
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Irrigator
12.00 CW
315.00 Tn
0.99 Lb
3.01
3.01
345.00
11.71
35
AF
AF
Tn
Ga
Tractor
17.50 Ac
0.25 CW
5.00
1.00
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 4/32