Table 5A. Income and Cash Operating Summary; Sudan Hay, 1998
COUNTY: Mohave
CROP:
Sudan Hay
AREA:
Mohave Valley
FARM: Mohave County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 20
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Quantity
5.00
Price/
Unit
$115.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$575.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Total
/Acre
Your Farm
Budget
$575.00
____________
38.75
____________
____________
____________
183.09
____________
____________
27.72
____________
____________
____________
8.38
____________
____________
____________
15.75
____________
____________
20.55
18.20
183.09
12.11
15.61
Irrigation Water (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
7.48
0.90
Other Purchased Inputs &
Seed/Transplants
15.75
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------273.69
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
21.74
____________
____________
____________
66.29
____________
____________
____________
____________
9.01
12.73
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Other Materials
11.11
55.19
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
13.52
-------------101.55
7.56
40.79
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$423.59
$151.41
____________
____________
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 176
Table 5B. Allocations of Ownership Costs; Sudan Hay, 1998
COUNTY:Mohave
CROP:
Sudan Hay
AREA:
Mohave Valley
Item
TOTAL INCOME at
Page 21
FARM: Mohave County 98
WATER SOURCE:
Colorado River Pump,
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
5.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$115.00 / Tn
$575.00
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$423.59
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$575.00
$423.59
$151.41
9.82
0.41
21.18
12.71
-------------44.12
$151.41
9.82
0.41
21.18
12.71
-------------44.12
467.71
467.71
$107.29
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$107.29
61.52
2.49
14.21
0.96
-------------79.18
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$107.29
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 ---------------------------------------->
$98.92
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$28.11
-------------52.49
33.89
-------------196.15
=============
=============
($10.86)
TOTAL COST
$476.08
$619.75
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$98.92
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($44.75)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$84.72
$39.23
$123.95
$84.72
$10.50
$95.22
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 176
Table 5C. Variable Operating Costs; Sudan Hay, 1998
COUNTY:Mohave
CROP:
Sudan Hay
AREA:
Mohave Valley
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Apr
May
Jul
Aug
Aug
Aug
Aug
Oct
FARM: Mohave County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
---- Hours * ---Machine Labor
Disk
Landplane
Disk Ends
Make Borders
Block Borders
Apply Fert/Ground
Disk
Plant
Irrigate
Irrigate/Run Fertilizer
Swathing
Crimping
Baling
Roadsiding
Residue Disposal
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.360
0.900
0.011
0.023
0.011
0.113
0.225
0.180
0.150
0.180
0.180
0.075
0.237
1.000
Page 22
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.400
1.000
0.013
0.024
0.013
0.125
0.250
0.200
0.286
0.286
0.167
0.200
0.200
0.083
0.263
5.44
11.46
0.11
0.18
0.08
0.73
2.51
1.77
0.93
0.93
2.26
1.36
5.46
6.59
3.58
7.56
3.39
8.47
0.11
0.20
0.11
1.06
2.12
1.69
2.02
2.02
1.18
1.41
1.69
0.59
2.23
22.36
15.75
40.18
3.38
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Tot. Cash
Expenses
Times
8.83
19.93
0.22
0.38
0.19
24.15
4.63
19.22
2.95
43.13
3.44
2.78
10.54
7.18
5.81
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
4.0
4.0
4.0
4.0
4.0
1.0
17.66
19.93
0.22
0.38
0.19
24.15
4.63
19.22
14.77
172.54
13.77
11.12
42.14
28.72
5.81
7.56
40.79
40.79
Class
L
L
G
G
G
G
L
L
G
G
H
H
H
H
P
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
423.59
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)
61.44
Growing (G)
212.25
Harvest (H)
95.74
Post Harvest (P)
5.81
Marketing (M)
0.00
Operating Overhead (O)
48.35
=============
Total (T)
$423.59
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$86.25 $103.50
$115.00
$126.50
$143.75 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Break-even Yield
3.8
4.5
5.0
5.5
6.3
-51.57
-2.12
30.85
63.82
113.28
13.12
75.51
117.10
158.70
221.09
56.24
127.26
174.60
221.95
292.97
99.37
179.01
232.10
285.20
364.84
164.05
256.63
318.35
380.07
472.65
4.53
3.59
3.16
2.81
2.42
100.00
86.72
80.08
74.65
68.13
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 176
Table 5D. Resource and Cash Flow Requirements; Sudan Hay, 1998
COUNTY:Mohave
CROP:
Sudan Hay
AREA:
Mohave Valley
Month *
Number
Irrigations
MAR C
APR C
MAY C
1.0
JUN C
1.0
JUL C
3.0
AUG C
2.0
SEP C
2.0
OCT C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Total
%
9.0
FARM: Mohave County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
4.0
4.0
12.0
8.0
8.0
36.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.40
2.03
0.29
0.29
0.86
1.87
1.22
0.91
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
5.44
22.28
0.93
0.93
2.79
33.22
17.54
19.26
7.56
7.86
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
582.8
Total P
78.0
Total K
0.0
Total Labor
7.9
Total Water
36.0
Page 23
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
3.39
17.16
2.02
2.02
6.07
13.80
8.92
7.11
109.96
25.96
60.49
14.28
22.36
80.36
40.18
40.18
183.09
43.22
40.79
8.83
77.55
2.95
2.95
89.22
93.96
70.02
29.75
7.56
40.79
40.79
9.63
423.59
100.00
15.75
6.76
3.38
3.38
29.27
6.91
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
27.8 Gal
Unleaded Gas
3.0 Gal
Electric / Pumping
131.3 KWH
All Direct Energy
4.7 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bale Wagon, SP PRC
0.30 Hr
Dbl. Offset Disk, 13'
0.24 Hr
Landplane 12'X 45'
0.90 Hr
Seeder, Brillion
0.18 Hr
Tractor, 150 PTO HP,
1.86 Hr
Baler, 3 wire w/motor
Fertilizer Broadcaster,
Offset Disk, 16.5'
Tractor, 80 PTO HP,
Windrower, 14.0', HS, SC
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
150.00 Lb
Sudan Grass Sd
30.00 Lb
32-00-00, URAN 32, Lqd
Water, Pump
LABOR REQUIREMENT ( per Acre)
Harvest
1.80 Hr
Irrigators
0.72
0.11
0.96
1.02
0.60
Hr
Hr
Hr
Hr
Hr
160.00 Ga
36.00 AI
2.57 Hr
Blade Scraper, 10'
Hay Crimper
Pickup Truck, 1/2 Ton
Tractor, 100 PTO HP,
0.03
0.72
1.00
0.98
Hr
Hr
Hr
Hr
Baling Twine (6500')
1.96 TF
Tractor
3.49 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 / 176
Table 5E. Schedule of Operations; Sudan Hay, 1998
COUNTY:Mohave
CROP:
Sudan Hay
AREA:
Mohave Valley
First
No.Month Times
FARM: Mohave County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Operation
Page 24
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
4
5
6
7
8
9
10
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Apr
May
Jul
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
4.0
Disk
Landplane
Disk Ends
Make Borders
Block Borders
Apply Fert/Ground
Disk
Plant
Irrigate
Irrigate/Run Fertilizer
150 Offset Disk, 16.5'
150 Landplane 12'X 45'
80 Dbl. Offset Disk, 13'
100 Blade Scraper, 10'
100 Blade Scraper, 10'
80 Fertilizer Broadcaster,
100 Dbl. Offset Disk, 13'
80 Seeder, Brillion
2.50
1.00
80.00
40.00
80.00
8.00
4.00
5.00
3.50
3.50
11
12
13
14
15
Aug
Aug
Aug
Aug
Oct
4.0
4.0
4.0
4.0
1.0
Swathing
Crimping
Baling
Roadsiding
Residue Disposal
Pickup use 30 Mi/Ac
Windrower, 14.0', HS, SC
80 Hay Crimper
100 Baler, 3 wire w/motor
Bale Wagon, SP PRC
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
6.00
5.00
5.00 Baling Twine (6500')
12.00
3.80
1.00
11-52-00, Dry
Sudan Grass Sd
Water, Pump
Water, Pump
32-00-00, URAN 32,
150.00 Lb 284.00 Tn
30.00
4.00
4.00
40.00
Lb 50.00
AI
2.79
AI
2.79
Ga 173.00
0.49 TF
CW
AF
AF
Tn
6.57 TF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Irrigators
Harvest
Harvest
Tractor
Harvest
Tractor
*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 / 176