Table 3A. Income and Cash Operating Summary; Alfalfa Stand Establish, 1998
COUNTY: Mohave
CROP:
Alfalfa Hay
AREA:
Mohave Valley
FARM: Mohave County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 10
WATER SOURCE:
Colorado River Pump,
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
Total
/Acre
Your Farm
Budget
$0.00
____________
22.71
____________
____________
____________
47.74
____________
____________
____________
23.54
____________
____________
____________
4.66
____________
____________
____________
73.71
____________
____________
18.14
4.56
Chemicals and Custom Applications
Fertilizer
Herbicide
28.63
19.11
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
10.56
12.98
Irrigation Water (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
4.16
0.50
Other Purchased Inputs &
Seed/Transplants
73.71
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%
-------------172.35
-------------0.00
____________
7.56
3.60
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
$183.52
($183.52)
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 8
Table 3B. Allocations of Ownership Costs; Alfalfa Stand Establish, 1998
COUNTY:Mohave
CROP:
Alfalfa Hay
AREA:
Mohave Valley
FARM: Mohave County 98
WATER SOURCE:
Colorado River Pump,
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
0.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 11
$0.00 / Tn
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$0.00
$0.00
$183.52
$183.52
($183.52)
2.91
0.23
9.18
5.51
-------------17.81
($183.52)
2.91
0.23
9.18
5.51
-------------17.81
201.33
201.33
($201.33)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
($201.33)
14.98
1.38
11.90
0.53
--------------
Total Capital Allocations
($201.33)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($510.00 X 16.0% X 0.102)
Opportunity Interest on Land (100% X 6.0 X $510.00)
8.37
8.37
30.60
-------------38.97
-------------Total Land Costs
8.37
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($209.70)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($230.13)
-------------26.19
14.68
-------------100.27
=============
=============
TOTAL COST
$209.70
$283.78
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($209.70)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($269.10)
($283.78)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 8
Table 3C. Variable Operating Costs; Alfalfa Stand Establish, 1998
COUNTY:Mohave
CROP:
Alfalfa Hay
AREA:
Mohave Valley
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
Aug
Aug
Aug
Aug
Aug
Sep
Sep
Sep
Oct
Oct
Oct
FARM: Mohave County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
---- Hours * ---Machine Labor
Plow
Disk
Laser Level
Landplane
Make Borders
Preirrigate
Apply Fert/Ground
Disk
Plant
Scratch
Irrigate
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.300
0.225
0.900
0.450
0.090
0.075
0.150
0.300
0.113
1.000
0.333
0.250
1.000
0.500
0.100
0.323
0.083
0.167
0.333
0.125
0.161
Page 12
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
4.72
3.38
10.41
7.08
1.03
2.33
0.59
2.26
1.58
0.86
1.16
7.56
2.82
2.12
8.47
4.24
0.85
2.28
0.70
1.42
2.82
1.06
1.14
28.63
19.11
73.71
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Times
7.54
5.50
18.88
11.32
1.88
4.61
29.92
22.78
78.11
1.92
2.30
1.0
1.0
0.3
0.7
2.0
1.0
1.0
1.0
1.0
1.0
2.0
3.60
Tot. Cash
Expenses
7.54
5.50
5.66
7.92
3.76
4.61
29.92
22.78
78.11
1.92
4.61
7.56
3.60
Class
L
L
L
L
G
G
G
L
L
G
G
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
183.52
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)
127.53
Growing (G)
44.83
Harvest (H)
0.00
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
11.16
=============
Total (T)
$183.52
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 8
Table 3D. Resource and Cash Flow Requirements; Alfalfa Stand Establish, 1998
COUNTY:Mohave
CROP:
Alfalfa Hay
AREA:
Mohave Valley
Month *
Number
Irrigations
AUG C
SEP C
1.0
OCT C
1.0
NOV C
1.0
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Total
%
3.0
FARM: Mohave County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
10.0
5.0
5.0
20.0
EQUIPMENT REQUIREMENTS ( per Acre)
Blade Scraper, 10'
0.18 Hr
Drag Scraper, 10'
0.27 Hr
Laser, Complete System
0.27 Hr
Seeder, Broadcast
0.30 Hr
Tractor, 150 PTO HP,
1.44 Hr
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.33
0.91
0.39
0.16
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
16.08
6.76
3.06
1.16
7.56
2.79
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
21.1
Total P
99.8
Total K
0.0
Total Labor
2.8
Total Water
20.0
Page 13
10.16
7.22
3.05
1.14
35.76
18.87
22.71
11.75
47.74
47.74
26.01
3.60
26.24
137.70
6.11
2.30
7.56
3.60
3.60
1.96
183.52
100.00
75.98
75.98
41.40
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
12.6 Gal
Unleaded Gas
3.0
Gal
Electric / Pumping
72.9 KWH
All Direct Energy
2.4 M BTU
Cultipacker, 13'
Fertilizer Broadcaster,
Moldboard Plow, 5-16 2
Tractor, 70 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
192.00 Lb
Trifluralin
20.00 Lb
Alfalfa Sd, Cert
Water, Pump
LABOR REQUIREMENT ( per Acre)
Irrigators
0.65 Hr
Tractor
0.11
0.08
0.30
0.30
Hr
Hr
Hr
Hr
27.00 Lb
20.00 AI
Dbl. Offset Disk, 13'
Landplane 14'X 60'
Pickup Truck, 1/2 Ton
Tractor, 100 PTO HP,
Oat Seed
0.38
0.31
1.00
0.19
Hr
Hr
Hr
Hr
15.00 Lb
2.14 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 8
Table 3E. Schedule of Operations; Alfalfa Stand Establish, 1998
COUNTY:Mohave
CROP:
Alfalfa Hay
AREA:
Mohave Valley
First
No.MonthTimes
FARM: Mohave County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Operation
1
2
3
Aug
Aug
Aug
1.0 Plow
1.0 Disk
0.3 Laser Level
4
5
6
7
8
9
Aug
Aug
Sep
Sep
Sep
Oct
0.7
2.0
1.0
1.0
1.0
1.0
10
11
Oct
Oct
1.0 Scratch
2.0 Irrigate
Pickup use 30 Mi/Ac
Landplane
Make Borders
Preirrigate
Apply Fert/Ground
Disk
Plant
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
Job Rate
Acres/Hr
150 Moldboard Plow, 5-16 2
150 Dbl. Offset Disk, 13'
150 Drag Scraper, 10'
Laser, Complete System
150 Landplane 14'X 60'
150 Blade Scraper, 10'
3.00
4.00
1.00
100 Fertilizer Broadcaster,
150 Dbl. Offset Disk, 13'
70 Seeder, Broadcast
100 Cultipacker, 13'
Pickup Truck, 1/2 Ton
Page 14
2.00
10.00
3.10
12.00
6.00
3.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
Labor
Type
Tractor
Tractor
Tractor
Water, Pump
11-52-00, Dry
Trifluralin
Alfalfa Sd, Cert
Oat Seed
8.00
6.20 Water, Pump
1.00
10.00
192.00
20.00
27.00
15.00
AI
2.79 AF
Lb 284.00 Tn
Lb
0.91 Lb
Lb 250.00 CW
Lb 18.00 CW
5.00 AI
2.79 AF
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
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 3 / 8