Table 9A. Income and Cash Operating Summary; Solum Barley, 1998
COUNTY: Pima
CROP:
Solum Barley
AREA:
Marana
FARM: Pima County 98
ACRES:
1.0
YIELD:
3,000.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 40
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
3,000.00
Price/
Unit
$0.06
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
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/17/99
Budgeted
/Acre
$189.00
Total
/Acre
Your Farm
Budget
$189.00
____________
19.45
____________
____________
____________
14.71
____________
____________
12.27
____________
____________
____________
40.00
____________
7.98
____________
____________
9.18
10.26
14.71
4.07
8.20
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
7.98
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------94.40
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.20
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.08
0.15
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
0.20
____________
____________
0.22
____________
____________
____________
38.10
-------------38.53
____________
7.41
1.86
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$142.20
$46.80
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $40.00per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 228
Table 9B. Allocations of Ownership Costs; Solum Barley, 1998
COUNTY:Pima
CROP:
Solum Barley
AREA:
Marana
FARM: Pima County 98
WATER SOURCE:
Cortaro-Marana
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
3,000.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 41
$0.06 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$189.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/17/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$189.00
$142.20
$142.20
$46.80
1.48
7.11
4.27
-------------12.86
$46.80
1.48
7.11
4.27
-------------12.86
155.06
155.06
$33.94
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$33.94
8.44
4.44
-------------12.88
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$33.94
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($540.00 X 16.0% X 0.183)
Opportunity Interest on Land (100% X 6.0 X $540.00)
Water Assessment
15.87
15.87
32.40
40.00
-------------88.27
40.00
-------------Total Land Costs
55.87
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($21.93)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------68.73
11.38
-------------125.38
=============
=============
TOTAL COST
$210.93
$267.59
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($21.93)
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
$21.06
$0.05
$0.02
$0.07
($67.21)
($78.59)
$0.05
$0.04
$0.09
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 228
Table 9C. Variable Operating Costs; Solum Barley, 1998
COUNTY:Pima
CROP:
Solum Barley
AREA:
Marana
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
Nov
Nov
Nov
Dec
Dec
Dec
Apr
May
May
May
FARM: Pima County 98
ACRES:
1.0
YIELD:
3,000.0 Lb / Acre
---- Hours * ---Machine Labor
Apply Fert/Ground
Disk
List
Plant
Buck Rows
Irrigate
Prepare Ends
Harvest
Haul 0
Disk Residue 1 CW
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.075
0.225
0.237
0.225
0.023
0.023
Page 42
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.083
0.250
0.263
0.250
0.025
0.752
0.025
0.53
3.78
1.92
2.15
0.11
0.22
0.68
2.05
2.15
2.05
0.20
5.13
0.20
14.71
7.98
20.00
37.85
0.25
0.225
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/17/99
0.250
3.78
7.41
2.05
Tot. Cash
Times
15.92
5.82
4.08
12.18
0.32
25.13
0.43
37.85
0.25
5.82
Class
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
15.92
5.82
4.08
12.18
0.32
50.26
0.43
37.85
0.25
5.82
7.41
1.86
1.86
G
L
L
L
G
G
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
142.20
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.
A water assessment charge of
$40.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
27.90
Growing (G)
66.50
Harvest (H)
38.53
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
9.27
=============
Total (T)
$142.20
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.05
$0.06
$0.06
$0.07
$0.08 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
2,250.0
2,700.0
3,000.0
3,300.0
3,750.0
Break-even Yield
-27.22
-11.74
-1.42
8.90
24.39
-5.96
13.77
26.93
40.09
59.82
8.21
30.78
45.83
60.88
83.45
22.39
47.79
64.73
81.67
107.07
43.65
73.31
93.08
112.85
142.51
3,041.24 2,385.95
2,086.26
1,853.46
1,587.71
0.06
0.05
0.05
0.04
0.04
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 228
Table 9D. Resource and Cash Flow Requirements; Solum Barley, 1998
COUNTY:Pima
CROP:
Solum Barley
AREA:
Marana
Month *
Number
Irrigations
FARM: Pima County 98
ACRES:
1.0
YIELD:
3,000.0 Lb / Acre
Water
Applied
(inches)
NOV P
DEC P
1.0
MAR C
1.0
APR C
MAY C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
2.0
Total
Labor (Hrs)
8.0
8.0
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.60
1.03
0.75
0.03
0.25
Page 43
20.00
20.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/17/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
6.23
2.27
0.22
3.78
7.41
4.88
7.38
5.13
0.20
2.05
14.71
1.86
25.82
37.63
25.13
0.43
43.57
7.41
1.86
39.96
28.10
142.20
100.00
7.98
38.10
**
16.0
2.65
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
50.1
Total P
0.0
Total K
0.0
Total Labor
2.7
Total Water
16.0
EQUIPMENT REQUIREMENTS ( per Acre)
Fertilizer Broadcaster,
0.08 Hr
Offset Disk, 13.5'
0.02 Hr
Rowbuck, 10'
0.02 Hr
Tractor, 150 PTO HP
0.45 Hr
40.00
28.13
19.91
14.00
19.65
13.82
14.71
10.34
7.98
5.61
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
6.1 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
1.2 M BTU
Grain Drill, 14'
Offset Disk, 16.5'
Tractor, 70 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
46-00-00, Urea 46
109.00 Lb
Solum Barley
LABOR REQUIREMENT ( per Acre)
Irrigators
1.50 Hr
Tractor
0.22 Hr
0.45 Hr
0.25 Hr
40.00 Lb
Lister, 5 Bottom
Pickup Truck, 1/2 Ton
Tractor, 100 PTO HP,
Water, District
0.24 Hr
1.00 Hr
0.33 Hr
16.00 AI
1.15 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$40.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 228
Table 9E. Schedule of Operations; Solum Barley, 1998
COUNTY:Pima
CROP:
Solum Barley
AREA:
Marana
First
No.MonthTimes
1
2
3
4
5
6
7
8
9
10
Nov
Nov
Nov
Dec
Dec
Dec
Apr
May
May
May
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
FARM: Pima County 98
ACRES:
1.0
YIELD:
3,000.0 Lb / Acre
Operation
Apply Fert/Ground
Disk
List
Plant
Buck Rows
Irrigate
Prepare Ends
Harvest
Haul
Disk Residue
Pickup use 30 Mi/Ac
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
100 Fertilizer Broadcaster,
150 Offset Disk, 16.5'
100 Lister, 5 Bottom
70 Grain Drill, 14'
70 Rowbuck, 10'
100 Offset Disk, 13.5'
CST Combine Barley
CST Haul Grain
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Page 44
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/17/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
12.00 46-00-00, Urea 46
4.00
3.80
4.00 Solum Barley
40.00
1.33 Water, District
40.00
109.00 Lb 257.00 Tn
40.00 Lb
19.00 CW
8.00 AI
30.00 AF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
37.50 Ac
0.25 C
4.00
1.00
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 6 / 228