Table 6A. Income and Cash Operating Summary; Upland Cotton, 1998
COUNTY: Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
INCOME ⇒
FARM: Mohave County 98
ACRES:
1.0
YIELD:
1,219.0 Lb / Acre
Item
Unit
Lint
Cottonseed
Pound
Ton
Page 25
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
1,219.00
1.08
Price/
Unit
$0.68
$114.60
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Irrigation Water (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Budgeted
/Acre
$828.92
$123.77
____________
____________
____________
____________
207.78
____________
____________
____________
____________
____________
34.16
____________
____________
____________
____________
____________
____________
13.97
12.07
-------------335.10
6.63
42.05
____________
____________
____________
____________
14.63
____________
____________
____________
19.20
____________
____________
48.67
____________
____________
____________
9.72
107.56
8.59
1.52
-------------209.89
15.12
24.14
____________
____________
____________
____________
=============
===================
6.86
7.78
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
67.11
12.47
1.50
19.20
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
____________
____________
14.31
19.86
9.07
3.00
Your Farm
Budget
$952.69
74.22
98.87
25.62
9.07
Chemicals and Custom Applications
Other Chemicals
Custom Harvest/Post Harvest
Cotton Ginning
Crop Assessment
Other Materials
Total
/Acre
24.70
20.16
22.25
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
$584.26
$368.43
____________
____________
____________
____________
____________
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 187
Table 6B. Allocations of Ownership Costs; Upland Cotton, 1998
COUNTY:Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
FARM: Mohave County 98
WATER SOURCE:
Colorado River Pump,
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
1,219.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 26
$0.68 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$952.69
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$952.69
$584.26
$584.26
$368.43
8.66
0.68
29.21
17.53
-------------56.08
$368.43
8.66
0.68
29.21
17.53
-------------56.08
640.34
640.34
$312.35
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$312.35
61.09
4.15
32.09
1.60
-------------98.93
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$312.35
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($510.00 X 16.0% X 0.102)
8.37
8.37
Opportunity Interest on Land (100% X 6.0 X $510.00)
30.60
--------------------------Total Land Costs
8.37
38.97
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$303.98
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------64.45
46.74
-------------240.72
=============
=============
TOTAL COST
$648.71
$824.98
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$303.98
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$0.38
$0.05
$0.43
$213.42
$174.45
$127.71
$0.38
$0.20
$0.58
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 187
Table 6C. Variable Operating Costs; Upland Cotton, 1998
COUNTY:Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Apr
Apr
Apr
May
May
May
Jun
Jun
Jun
Jul
Jul
Jul
Aug
Sep
Sep
Oct
Oct
Oct
Nov
Nov
Nov
Oct
Oct
Nov
Dec
Dec
Dec
FARM: Mohave County 98
ACRES:
1.0
YIELD:
1,219.0 Lb / Acre
Disk
Soil Fertility
Apply Fert/Ground
Disk
Laser Level
Landplane
Apply Herb. & Incorporate
List
Buck Rows
Preirrigate
Disk Ends
Mulch
Plant
Irrigate
Remove Cap
Apply Herbicide/Ground
Apply Herbicide/Ground
Cultivate
Cultivate
Irrigate/Run Fertilizer
Hand Weeding
Apply Insecticide/Air
Apply Insecticide/Air
Apply Herbicide/Ground
Apply Insecticide/Air
Prepare Ends
Apply Defoliant/Air
Apply Defoliant/Air
Cotton, First Pick
Cotton, Make Modules
Cotton, Second Pick
Cotton, Make Modules
Haul 6
Cotton Ginning 35.9 Cs
Cotton Classing 2.4 Ba
Crop Assessment 2.4 Ba
Cotton, Rood 2.4 Ba
Cut Stalks 2.4 Ba
Disk Residue 2.4 Ba
Pickup Use60 Mi/Acre
Operating Interest at 10.0
---- Hours * ---Machine Labor
0.300
0.333
Page 27
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
4.36
2.82
3.00
0.090
0.225
0.300
0.209
0.180
0.113
0.023
0.023
0.225
0.150
0.100
0.180
0.180
0.150
0.150
0.100
0.250
0.333
0.233
0.200
0.125
0.025
0.500
0.025
0.250
0.167
0.294
0.111
0.200
0.200
0.167
0.167
0.294
3.000
1.06
3.27
3.47
3.29
2.95
1.49
0.18
1.86
0.33
4.25
1.97
1.40
0.74
1.52
1.52
1.39
1.37
1.16
0.85
2.12
2.82
1.97
1.69
1.06
0.21
3.54
0.21
2.12
1.42
2.08
0.94
1.69
1.69
1.42
1.42
2.08
20.16
14.91
19.57
19.13
9.07
7.87
10.15
20.09
4.23
4.23
0.180
0.200
1.16
1.69
0.011
0.013
0.08
0.11
0.900
0.450
0.450
0.225
1.000
0.500
0.500
0.250
36.91
5.10
18.46
2.55
4.23
2.25
10.89
8.15
24.55
4.75
4.75
6.03
3.67
7.07
4.24
3.54
2.12
1.35
0.34
6.69
107.56
3.02
8.59
0.180
0.100
0.225
2.000
0.200
0.111
0.250
2.09
0.98
3.27
15.12
1.69
0.94
2.12
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Times
7.18
3.00
16.81
5.39
6.29
5.26
24.22
2.55
0.39
5.40
0.55
25.50
12.46
3.48
1.68
11.09
13.37
2.81
2.78
23.33
20.16
6.48
15.12
11.00
28.78
0.19
10.78
8.42
43.98
10.69
21.99
5.01
6.69
107.56
3.02
8.59
3.78
1.92
5.39
1.0
1.0
1.0
1.0
0.3
0.7
1.0
1.0
4.0
1.0
5.0
1.0
1.0
7.0
1.0
0.2
0.2
1.0
2.0
2.0
1.0
1.0
1.0
0.3
3.0
1.0
1.0
1.0
1.0
1.0
0.2
0.5
1.0
1.0
1.0
1.0
0.3
1.0
1.0
24.14
Tot. Cash
Expenses
7.18
3.00
16.81
5.39
1.89
3.68
24.22
2.55
1.55
5.40
2.73
25.50
12.46
24.33
1.68
2.22
2.67
2.81
5.57
46.67
20.16
6.48
15.12
3.30
86.33
0.19
10.78
8.42
43.98
10.69
4.40
2.50
6.69
107.56
3.02
8.59
1.14
1.92
5.39
15.12
24.14
Class
L
G
G
L
L
L
G
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
H
H
H
H
P
M
M
H
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
*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.
584.25
T
Table 6C. Variable Operating Costs; Upland Cotton, 1998
COUNTY:Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
FARM: Mohave County 98
ACRES:
1.0
YIELD:
1,219.0 Lb / Acre
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
64.04
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
271.06
88.80
109.48
11.61
39.26
=============
Total (T)
$584.25
Page 28
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
914.3
1,097.1
1,219.0
1,340.9
1,523.8
Break-even Yield
$0.51
$0.61
$0.68
$0.75
$0.85 Break-even Price
-63.32
-1.55
39.63
80.81
142.58
29.93
110.35
163.97
217.58
298.00
92.10
184.95
246.86
308.76
401.61
154.27
259.56
329.75
399.94
505.23
247.52
371.46
454.09
536.71
660.65
1,101.70
846.20
732.88
646.34
549.07
0.58
0.51
0.48
0.45
0.42
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 3 / 187
Table 6D. Resource and Cash Flow Requirements; Upland Cotton, 1998
COUNTY:Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
Month *
Number
Irrigations
FEB C
0.5
MAR C
0.5
APR C
2.0
MAY C
1.0
JUN C
2.0
JUL C
2.0
AUG C
1.0
SEP C
1.0
OCT C
NOV C
DEC C
JAN N
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Total
%
10.0
FARM: Mohave County 98
ACRES:
1.0
YIELD:
1,219.0 Lb / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
4.0
4.0
12.0
6.0
11.0
11.0
6.0
6.0
60.0
Page 29
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.03
0.92
1.04
0.92
3.64
0.65
0.29
0.33
0.62
1.01
0.40
0.18
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
10.90
10.07
8.14
6.65
3.07
2.91
1.40
1.82
16.80
25.97
6.96
2.13
15.12
11.03
8.36
7.43
8.00
7.43
24.74
4.67
2.08
2.40
4.52
7.42
3.17
1.53
111.93
19.16
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
166.2
Total P
98.5
Total K
0.0
Total Labor
11.0
Total Water
60.0
EQUIPMENT REQUIREMENTS ( per Acre)
Blade Scraper, 10'
0.01 Hr
Directed Spray Rig, 8
0.13 Hr
Fertilizer Injector, 6 Row
0.22 Hr
Laser, Complete System
0.09 Hr
Offset Disk, 13.5'
1.05 Hr
Rolling Cultivator, 6 Rw
0.52 Hr
Saddle Tk Sprayer, 2 Tk 8
0.18 Hr
Tractor, 70 PTO HP,
0.05 Hr
MATERIALS REQUIREMENT ( per Acre)
10-34-00, Lqd
12.00 Ga
Acephate
2.01 Lb
Fluazifop
0.10 Pt
Module Tarps
28.99 C
Sodium Chlorate
2.50 Ga
Upl Cotton Sd+NU-Flow
12.00 Lb
Cotton Picker, 2 Row
Drag Scraper, 10'
Flail Stalk Cutter, 4 Row
Lister, 7 Bottom
Pickup Truck, 1/2 Ton
Rood, 3 Row W/Basket
Section Harrow, 3 Section
Tractor, 100 PTO HP,
LABOR REQUIREMENT ( per Acre)
Hand Weeders
3.00 Hr
Tractor
3.72 Hr
Harvest
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
81.74
13.99
17.24
26.81
9.57
3.61
20.09
35.68
49.10
30.57
3.67
196.34
33.61
3.00
24.14
39.50
44.30
34.78
17.68
47.90
51.72
61.03
43.77
65.48
97.24
37.94
3.66
15.12
24.14
183.65
31.43
584.25
100.00
9.07
0.54
0.91
0.07
10.59
1.81
8.46
8.46
8.98
39.93
62.93
27.75
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
25.0 Gal
Unleaded Gas
6.0 Gal
Electric / Pumping
218.8 KWH
All Direct Energy
5.0 M BTU
11-52-00, Dry
Bifenthrin
Mepiquat Chloride
Prometryn
Tribufos
Water, Pump
0.99
0.09
0.10
0.11
2.00
0.05
0.10
1.03
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Cultivator, Sweep, 6 Rw
Fertilizer Broadcaster,
Landplane 14'X 60'
Module Builder
Planter, Drill Type, 4 Row
Rowbuck, 10'
Tractor, 60 PTO HP,
Tractor, 150 PTO HP,
0.15
0.09
0.15
0.56
0.15
0.09
0.56
1.71
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Hr
100.00
11.52
0.31
4.60
1.00
60.00
Lb
Oz
Pt
Pt
Pt
AI
32-00-00, URAN 32, Lqd
Cytokinin
Methyl Parathion
Pyritiodac-sodium
Trifluralin
40.00
5.00
1.13
0.08
1.00
Ga
Oz
Pt
Oz
Pt
1.10 Hr
Irrigators
3.15 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 / 187
Table 6E. Schedule of Operations; Upland Cotton, 1998
COUNTY:Mohave
CROP:
Cotton, Upland
AREA:
Mohave Valley
First
No.MonthTimes
1 Feb
1.0
2 Feb
1.0
3 Feb
1.0
4 Feb
1.0
5 Feb
0.3
FARM: Mohave County 98
ACRES:
1.0
YIELD:
1,219.0 Lb / Acre
WATER SOURCE:
Colorado River Pump,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Page 30
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/3/99
Equipment/ Custom Oper
Job Rate
---------- Material Use and Cost ---------- Service Cost Labor
HP Self-Prop./ Implement
Acres/Hr
Name
Appl. Rate $ / Unit
$ / Unit
Type
Disk
150 Offset Disk, 13.5'
3.00
Tractor
Soil Fertility
CST Soil Analysis (Surface)
3.00 Ac
Apply Fert/Ground
150 Fertilizer Broadcaster,
10.00 11-52-00, Dry
100.00 Lb 284.00 Tn
Tractor
Disk
150 Offset Disk, 13.5'
4.00
Tractor
Laser Level
150 Drag Scraper, 10'
3.00
Tractor
Laser, Complete System
6 Feb
0.7 Landplane
150 Landplane 14'X 60'
4.30
Tractor
7 Feb
1.0 Apply Herb. &
150 Saddle Tk Sprayer, 2 Tk 8
5.00 Trifluralin
1.00 Pt 24.95 Ga
Tractor
Offset Disk, 13.5'
Prometryn
4.00 Pt 31.04 Ga
8 Feb
1.0 List
150 Lister, 7 Bottom
8.00
Tractor
9 Feb
4.0 Buck Rows
100 Rowbuck, 10'
40.00
Tractor
10 Feb
1.0 Preirrigate
2.00 Water, Pump
8.00 AI
2.79 AF
Irrigators
11 Mar
5.0 Disk Ends
150 Offset Disk, 13.5'
40.00
Tractor
12 Mar
1.0 Mulch
150 Rolling Cultivator, 6 Rw
4.00 10-34-00, Lqd
12.00 Ga 266.40 Tn
Tractor
Fertilizer Injector, 6 Row
13 Apr
1.0 Plant
100 Planter, Drill Type, 4 Row
6.00 Upl Cotton Sd+NU-Flow 12.00 Lb 72.00 Lb
Tractor
14 Apr
7.0 Irrigate
3.40 Water, Pump
6.00 AI
2.79 AF
Irrigators
15 Apr
1.0 Remove Cap
100 Section Harrow, 3 Section
9.00
Tractor
16 May
0.2 Apply Herbicide/Ground100 Directed Spray Rig, 8
5.00 Fluazifop
0.50 Pt 120.00 Ga
Tractor
17 May
0.2 Apply Herbicide/Ground100 Directed Spray Rig, 8
5.00 Pyritiodac-sodium
0.40 Oz 24.17 Oz
Tractor
18 May
1.0 Cultivate
100 Cultivator, Sweep, 6 Rw
6.00
Tractor
19 Jun
2.0 Cultivate
100 Rolling Cultivator, 6 Rw
6.00
Tractor
20 Jun
2.0 Irrigate/Run Fertilizer
3.40 Water, Pump
5.00 AI
2.79 AF
Irrigators
32-00-00, URAN 32,
20.00 Ga 173.00 Tn
21 Jun
1.0 Hand Weeding
0.50
Hand
22 Jul
1.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mix
Methyl Parathion
0.13 Pt 27.50 Ga
4.23 Ac
Mepiquat Chloride
0.06 Pt 107.75 Ga
Cytokinin
1.00 Oz 28.55 Qt
23 Jul
1.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mix
Methyl Parathion
1.00 Pt 27.50 Ga
4.23 Ac
Mepiquat Chloride
0.25 Pt 107.75 Ga
Cytokinin
4.00 Oz 28.55 Qt
24 Jul
0.3 Apply Herbicide/Ground70 Directed Spray Rig, 8 Row
5.00 Prometryn
2.00 Pt 31.04 Ga
Tractor
25 Aug
3.0 Apply Insecticide/Air
CST Air Spray, 3 Gal Mix
Bifenthrin
3.84 Oz 549.00 Ga
4.23 Ac
Acephate
0.67 Lb 10.31 Lb
26 Sep
1.0 Prepare Ends
100 Blade Scraper, 10'
80.00
Tractor
27 Sep
1.0 Apply Defoliant/Air
CST Air Spray, 5 Gal Mix
Tribufos
1.00 Pt 45.92 Ga
4.75 Ac
28 Oct
1.0 Apply Defoliant/Air
CST Air Spray, 5 Gal Mix
Sodium Chlorate
2.50 Ga
1.40 Ga
4.75 Ac
29 Oct
1.0 Cotton, First Pick
Cotton Picker, 2 Row
1.00
Harvest
30 Oct
1.0 Cotton, Make Modules 60 Module Builder
2.00 Module Tarps
25.77 C
0.05 CW
Tractor
31 Nov
0.2 Cotton, Second Pick
Cotton Picker, 2 Row
2.00
Harvest
32 Nov
0.5 Cotton, Make Modules 60 Module Builder
4.00 Module Tarps
6.44 C
0.05 CW
Tractor
33 Nov
1.0 Haul
CST Haul Cotton Modules
35.00Mu
34 Oct
1.0 Cotton Ginning
CST Gin Upland Cotton
3.00 Cs
35 Oct
1.0 Cotton Classing
CST Class Cotton, HVI
1.25 Ba
36 Nov
1.0 Crop Assessment
CST Upland (Low Elev)
3.55 Ba
37 Dec
0.3 Cotton, Rood
100 Rood, 3 Row W/Basket
5.00
Tractor
38 Dec
1.0 Cut Stalks
100 Flail Stalk Cutter, 4 Row
9.00
Tractor
39 Dec
1.0 Disk Residue
150 Offset Disk, 13.5'
4.00
Tractor
Pickup use 60 Mi/Ac
Pickup Truck, 1/2 Ton
0.50
*NOTES: Machine times, labor times, and material rates are for one time over the designated acreage.
Operation