Table
6A. Income and Cash Operating Cost Summary, Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
Item
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Unit
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
INCOME ->
Lint
Pound
1,103.00
Cottonseed
Ton
0.97
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Other/Contract
Chemicals & Custom Applications
Fertilizers
Insecticides
Herbicides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation Water (excluding labor)
Other Purchased Inputs & Services
Seed/Transplants
Other Services & Rentals
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
9.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
Notes: The above figures do not include ownership costs, see Table
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Price
/Unit
Budgeted
/Acre
Total
/Acre
$0.7200
114.6000
$794.16
111.16
$905.32
66.52
43.22
6.66
15.77
0.88
130.87
40.17
60.43
30.26
45.13
19.69
25.44
115.50
18.07
9.07
9.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
Chemicals & Custom Applications
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
Cotton Ginning
Crop Assessments
Other Materials
19
__________
376.10
10.06
4.69
5.37
20.84
20.84
49.40
7.06
42.34
3.33
97.32
7.99
1.67
__________
190.62
15.07
13.04
==========
$594.82
$310.50
Your Farm
Budget
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
============
____________
____________
6B on Next Page for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
Table
6B. Allocation of Ownership Costs; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Page
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $
0.7200/Lb + 2nd Crop
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
20
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$905.32
|
594.81
$310.50
|
$310.50
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
9.45
|
9.45
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
29.74
|
29.74
General Farm Maint. ( 3% of Tot. Oper. Exp.)
17.84
|
17.84
_________
|
_________
Total Cash Overhead Expenses
57.03
|
57.03
|
Total Cash Oper. & Over. Cost
651.85
|
651.85
RETURNS OVER CASH OPER. & OVER. EXPENSES.
253.46
|
253.46
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
65.45
Interest on Equity, Machinery & Vehicles
|
28.75
|
_________
Total Capital Allocations
|
94.20
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK ——————————————————————————>
253.46
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>
159.26
_________
|
________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($540 X 16% X .14778)
12.76
|
12.76
Opport. Inter. on Land (100% X 6.0% X $540)
|
32.40
—————
|
—————
Total Land Costs
12.76
|
45.16
RETURNS TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>
240.70
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>
114.09
|
Management Services ( 8% of Tot. Oper. Exp.)
|
47.58
_________
|
_________
TOTAL OWNERSHIP COST
69.79
|
243.98
=========
|
=========
TOTAL COST
$664.61
|
$838.80
RETURN TO MANAGEMENT, CAPITAL & RISK —————————————————————————————————> $240.70
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>
$66.51
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$905.32
594.81
Lb)
$0.4384
$0.0632
$0.5017
|
|
|
$0.4384
$0.2212
$0.6596
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
Table
6C. Variable Operating Costs; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Apr
Apr
Apr
May
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Aug
Sep
Sep
Sep
Sep
Sep
* NOTES:
Page
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Operation
Rip
Plow
Landplane
Apply Herbicide/Ground
Disk
List
Disk Ends
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Cultivate
Hand Weeding
Apply Herbicide/Ground
Irrigate
Soil Fertility
Field Scouting
Irrigate/Run Fertilizer
Apply Insect./Ground
Apply Insect./Ground
Apply Insecticide/Air
Apply Insecticide/Air
Apply Defoliant/Air
Prepare Ends
Cotton, First Pick
Cotton, Make Modules
Haul, Custom
0.2 Mu
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
0.360
0.400
0.257
0.150
0.225
0.180
0.011
0.022
0.300
0.225
0.129
0.300
0.164
0.225
0.090
0.090
0.022
0.450
0.300
0.400
0.444
0.286
0.167
0.200
0.200
0.013
0.050
0.900
0.333
0.250
0.143
0.333
0.182
2.000
0.250
0.450
0.450
0.100
0.100
0.025
0.500
0.333
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4.31
6.47
3.18
1.85
3.21
2.36
0.16
0.12
4.63
2.65
1.40
2.05
1.12
3.40
3.36
3.73
2.41
1.40
1.68
1.68
0.11
0.39
6.31
2.80
2.10
1.20
2.80
1.53
13.32
2.10
3.78
13.79
33.00
9.07
16.47
16.50
3.00
6.00
0.83
0.83
3.15
0.84
0.84
6.00
6.00
8.32
29.89
1.90
1.47
14.43
12.32
12.51
0.31
28.10
3.73
0.21
3.50
2.80
1.67
7.67
10.20
5.59
17.04
4.89
4.04
0.27
0.51
39.31
7.43
13.82
2.60
4.85
2.65
13.32
21.97
20.28
3.00
6.00
33.04
3.57
3.14
20.43
18.32
20.83
0.52
31.60
8.20
0.00
21
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Times
0.5
1.0
1.0
1.0
1.0
1.0
6.0
5.0
1.0
1.0
1.0
1.0
2.0
2.0
0.5
1.0
2.0
1.0
1.0
3.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
3.83
10.20
5.59
17.04
4.89
4.04
1.60
2.55
39.31
7.43
13.82
2.60
9.69
5.30
6.66
21.97
40.56
3.00
6.00
99.12
3.57
3.14
20.43
36.64
20.83
0.52
31.60
8.20
0.00
See next page for notes.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
L
L
L
G
L
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
H
Table
6C. Variable Operating Costs; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
First
No. Month
30
31
32
33
34
35
Nov
Oct
Dec
Dec
Nov
Nov
Page
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Operation
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Cotton, Second Pick
Cotton Ginning
32.4 Cs
Cotton Classing
2.2 Ba
Crop Assessment
2.2 Ba
Cut Stalks
Disk Residue
Pickup Use 60 Mi/Ac
Operating Interest at 9.00%
0.300
0.180
0.300
2.000
0.333 |
|
|
|
0.200 |
0.333 |
18.73
2.33
21.06
97.32
3.33
7.99
3.96
7.08
97.32
3.33
7.99
2.28
4.28
15.06
1.68
2.80
12.85
TOTAL CASH OPERATING EXPENSES:
$109.60
$76.56
$156.81
$251.62
22
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
Times
0.8
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
16.85
97.32
3.33
7.99
3.96
7.08
15.06
12.85
________
$594.59
H
P
M
M
P
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)
$56.89
Growing (G)
319.18
Harvest (H)
77.99
Post Harvest (P)
101.27
Marketing (M)
11.31
Operating Overhead (O)
27.91
—————
Total (T)
$594.59
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$0.54
$0.64
$0.72
$0.79
$0.90
Break-even
|———————————————————————————————————————————————————————————————
-25%
827.2
|
-100.22
-10.88
48.67
108.23
197.58
0.66
-10%
992.7
|
-39.47
67.73
139.21
210.68
317.89
0.57
Budgeted 1,103.0
|
1.02
120.15
199.56
278.98
398.10
0.53
+10%
1,213.3
|
41.52
172.56
259.92
347.28
478.31
0.50
+25%
1,378.7
|
102.28
251.18
350.45
449.72
598.63
0.46
Break-even Yield
| 1,100.20
850.15
738.29
652.44
555.54
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
Table
6D. Resource and Cash Flow Requirements; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
Month *
Number
Irrig.
Water
Applied
(Inches)
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Total
Labor (Hrs)
|
|
|
1.59
0.51
0.37
0.52
0.86
2.71
1.10
0.50
0.15
0.49
0.55
0.43
|
|
|
|
|
|
|
|
|
|
|
|
JAN C
0.1
1.2
FEB C
0.5
6.0
MAR C
0.4
4.8
APR C
MAY C
JUN C
2.0
12.0
JUL C
2.0
12.0
AUG C
1.0
6.0
SEP C
OCT C
NOV C
DEC C
Pickup Use 60 Mi/Ac
Operating Interest at 9.0%
Total
%
6.0
42.0
9.83
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 150 PTO HP, MFWD
Landplane 12’X 45'
Lister, 7 Bottom
Power Mulcher, 6 Rw
Rolling Cultivator, 6 Rw
Cotton Picker, 4 Row
Rotary Stalk Cutter, 4 Row
MATERIALS REQUIREMENTS(/Acre)
Prometryn
Upl Cotton Sd+NU-Flow ND
LABOR REQUIREMENTS(/Acre)
Tractor
Hand Weeders
* NOTE:
P = Previous Year
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
23
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
3.30
16.50
13.20
18.80
0.71
0.16
6.66
6.12
6.15
2.13
0.12
6.31
19.10
19.94
8.34
15.06
33.00
33.00
16.50
|
|
115.50
19.42
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
119.4 lbs
Total P
0.0 lbs
Total K
0.0 lbs
Total Labor
9.8 Hrs
Total Water
42.0 AI
Acephate
Thidiazuron
Page
109.60
18.43
13.21
3.66
2.63
4.45
7.25
20.38
8.59
3.54
1.19
3.78
4.29
3.60
5.0
12.86
49.10
20.87
15.99
15.65
17.91
93.54
85.78
70.19
38.23
62.81
53.93
42.73
15.06
12.86
156.82
26.37
594.64
100.00
4.54
4.54
25.00
36.06
38.03
12.51
76.59
12.87
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
31.0
Regular Gas
0.0
NonLead Gas
6.0
All Direct Energy
13.79
125.39
21.09
9.00
6.00
12.00
18.05
38.93
29.20
30.78
0.17
1.00
0.50
10.75
1.80
Gal
Gal
Gal
M BTU
2.61
0.26
0.18
0.30
0.93
0.69
0.18
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
V-Ripper, 5 Shnk
Saddle Tk Sprayer, 2 Tk 8 Row
Tractor, 70 PTO HP, MFWD
Planter, 6 Row
Cultivator, Sweep, 6 Rw
Tractor, 80 PTO HP, MFWD
Pickup Truck, 1/2 Ton
0.18
0.56
1.44
0.23
0.23
0.30
2.00
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
Moldboard Plow, 5-16 2 Way
Offset Disk, 13.5'
Rowbuck, 10'
Section Harrow, 3 Section
Directed Spray Rig, 16 Row
Module Builder
5.00
12.00
0.50
0.50
0.20
Pt
Lb
Pt
Lb
Lb
Trifluralin
Cyanazine
Chlorpyrifos
Lambdacyhalothrin
Endothall
1.00
1.00
0.25
6.40
0.75
Pt
Qt
Pt
Oz
Pt
Water, District
32-00-00, URAN 32, Lqd
Endosulfan
Acephate
Module Tarps
Other
Harvest
0.13 Hrs
0.77 Hrs
5.70 Hrs
1.00 Hrs
C = Current Year
N = Next Year
0.40
0.61
0.11
0.13
0.18
0.30
42.00
33.75
2.00
1.34
31.88
Irrigators
Hrs
Hrs
Hrs
Hrs
Hrs
Hrs
AI
Ga
Pt
Lb
CW
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
2.25 Hrs
Table
6E. Schedule of Operations; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
First
No. Month Times
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Page
Operation
Equipment/Custom Oper.
HP
Self-Prop./Implem.
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
1
2
3
4
Jan
Jan
Jan
Jan
0.5
1.0
1.0
1.0
Rip
150
Plow
150
Landplane
150
Apply Herbicide/Groun150
V-Ripper,
Moldboard
Landplane
Saddle Tk
5
6
7
8
Jan
Jan
Jan
Jan
1.0
1.0
6.0
5.0
Disk
List
Disk Ends
Buck Rows
Offset Disk, 13.5'
Lister, 7 Bottom
Offset Disk, 13.5'
Rowbuck, 10'
9
10
11
12
13
14
15
16
Jan
Apr
Apr
Apr
May
Jun
Jun
Jun
1.0
1.0
1.0
1.0
2.0
2.0
0.5
1.0
Preirrigate
Mulch
150
Plant
70
Remove Cap
150
Cultivate
70
Cultivate
70
Hand Weeding
Apply Herbicide/Groun150
Power Mulcher, 6 Rw
Planter, 6 Row
Section Harrow, 3 Secti
Rolling Cultivator, 6 R
Rolling Cultivator, 6 R
17
18
19
20
Jun
Jun
Jun
Jun
2.0
1.0
1.0
3.0
Irrigate
Soil Fertility
Field Scouting
Irrigate/Run Fertiliz
CST Soil Analysis (Surf
CST Scout For Insects
21
Jun
1.0 Apply Insect./Ground
70
22
Jun
1.0 Apply Insect./Ground
70
23
Jul
1.0 Apply Insecticide/Air
24
Aug
2.0 Apply Insecticide/Air
25
Sep
1.0 Apply Defoliant/Air
26
27
28
29
30
31
32
33
34
35
Sep
Sep
Sep
Sep
Nov
Oct
Dec
Dec
Nov
Nov
1.0
1.0
1.0
1.0
0.8
1.0
1.0
1.0
1.0
1.0
150
150
150
70
Prepare Ends
150
Cotton, First Pick
Cotton, Make Modules 80
Haul, Custom
Cotton, Second Pick
Cotton Ginning
Cotton Classing
Crop Assessment
Cut Stalks
150
Disk Residue
150
5 Shnk
Plow, 5-16 2
12’X 45'
Sprayer, 2 Tk
Job Rate
Acres/Hr
Cultivator, Sweep, 6 Rw
Saddle Tk Sprayer, 2 Tk
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
2.50
2.25
3.50
6.00 Prometryn
Trifluralin
4.00
5.00
80.00
40.00
2.50 Pt
1.00 Pt
1.11 Water, District
3.00
4.00 Upl Cotton Sd+NU-F
7.00
3.00
5.50
0.50
4.00 Prometryn
Cyanazine
2.22 Water, District
24
Tractor
Tractor
Tractor
Tractor
30.00 Ga
30.06 Ga
12.00 AI
33.00 AF
12.00 Lb
72.00 CW
2.50 Pt
1.00 Qt
6.00 AI
30.00 Ga
25.26 Ga
33.00 AF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Other
Irrigator
Tractor
Tractor
Tractor
Tractor
Tractor
Hand Weed
Tractor
Tractor
3.00 Ac
6.00 Ac
2.22 Water, District
32-00-00, URAN 32,
Saddle Tk Sprayer, 2 Tk 10.00
Directed Spray Rig, 16
Saddle Tk Sprayer, 2 Tk 10.00 Chlorpyrifos
Directed Spray Rig, 16
CST Air Spray, 3 Gal Mi
Endosulfan
Acephate
CST Air Spray, 3 Gal Mi
Lambdacyhalothrin
Acephate
CST Air Spray, 5 Gal Mi
Thidiazuron
Endothall
Offset Disk, 13.5'
40.00
Cotton Picker, 4 Row
2.00
Module Builder
3.00 Module Tarps
CST Haul Cotton Modules
Cotton Picker, 4 Row
3.00
CST Gin Upland Cotton
CST Class Cotton, HVI
CST Upland (Low Elev)
Rotary Stalk Cutter, 4
5.00
Offset Disk, 13.5'
3.00
6.00 AI
11.25 Ga
0.50 Pt
33.00 AF
205.00 Tn
28.93 Ga
0.25 Pt
44.73 Ga
2.00
0.50
3.20
0.67
0.20
0.75
Pt
Lb
Oz
Lb
Lb
Pt
31.88 CW
36.50
9.23
234.04
8.78
50.21
20.05
Ga
Lb
Ga
Lb
Lb
Ga
Irrigator
Tractor
Tractor
6.00 Ac
6.00 Ac
8.32 Ac
Tractor
Harvest
Tractor
0.05 CW
0.00 Mu
Harvest
3.00 Cs
1.50 Ba
3.60 Ba
Tractor
Tractor
NOTES at the bottom of the next page.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 7/12
Table
6E. Schedule of Operations; Upland Cotton, 1996
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
First
No. Month Times
* NOTE:
FARM: Pima County Farm
ACRES:
1.0
YIELD:
1,103.0 Lb/Acre
Equipment/Custom Oper.
HP
Self-Prop./Implem.
Operation
Pickup Use
Page
60 Mi/Ac
Pickup Truck, 1/2 Ton
WATER SOURCE:
C-MID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Job Rate
Acres/Hr
25
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
10/14/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
0.50
Labor
Type
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 7/12