Table 10A. Income and Cash Operating Summary; Upland Cotton, 1998
COUNTY: Pima
CROP:
Cotton, Upland
AREA:
Marana
INCOME ⇒
FARM: Pima County 98
ACRES:
1.0
YIELD:
1,009.0 Lb / Acre
Item
Unit
Lint
Cottonseed
Pound
Ton
Page 45
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
1,009.00
0.88
Price/
Unit
$0.68
$133.60
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)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
Budgeted
/Acre
$686.12
$117.57
Total
/Acre
Your Farm
Budget
$803.69
____________
____________
62.28
____________
____________
____________
____________
139.50
____________
____________
____________
____________
____________
52.62
____________
____________
____________
____________
40.44
6.49
15.35
33.90
55.58
31.65
18.37
17.56
35.06
105.00
15.07
9.07
6.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
-------------374.48
21.38
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
5.65
48.56
Custom Harvest/Post Harvest
Cotton Ginning
Crop Assessment
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
9.80
____________
____________
____________
21.38
____________
____________
54.20
____________
____________
____________
8.47
81.61
7.21
1.67
-------------184.35
14.82
17.93
____________
____________
____________
____________
=============
===================
4.57
5.23
Chemicals and Custom Applications
Other Chemicals
____________
____________
____________
$591.58
$212.11
____________
____________
____________
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** 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 / 187
Table 10B. Allocations of Ownership Costs; Upland Cotton, 1998
COUNTY:Pima
CROP:
Cotton, Upland
AREA:
Marana
Item
TOTAL INCOME at
Page 46
FARM: Pima County 98
WATER SOURCE:
Cortaro-Marana
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
1,009.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
$0.68 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$803.69
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$803.69
$591.58
$591.58
$212.11
10.33
29.58
17.75
-------------57.66
$212.11
10.33
29.58
17.75
-------------57.66
649.24
649.24
$154.45
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$154.45
73.63
31.22
-------------104.84
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$154.45
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 ---------------------------------------->
$98.57
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------113.53
47.33
-------------298.10
=============
=============
TOTAL COST
$705.11
$889.68
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$98.57
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
$49.60
$0.47
$0.11
$0.58
($38.67)
($86.00)
$0.47
$0.30
$0.77
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 187
Table 10C. Variable Operating Costs; Upland Cotton, 1998
COUNTY:Pima
CROP:
Cotton, Upland
AREA:
Marana
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Apr
Apr
Apr
May
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Nov
Oct
Dec
Dec
Nov
Nov
FARM: Pima County 98
ACRES:
1.0
YIELD:
1,009.0 Lb / Acre
Rip
Plow
Landplane
Apply Herbicide/Ground
Disk
List
Disk Ends
Buck Rows
Preirrigate
Mulch
Plant
Remove Cap
Cultivate
Cultivate
Hand Weeding
Apply Herbicide/Ground
Irrigate
Field Scouting
Irrigate/Run Fertilizer
Apply Insecticide/Air
Apply Growth Regulator
Apply Insecticide/Air
Apply Defoliant/Air
Prepare Ends
Cotton, First Pick
Cotton, Make Modules
Haul, Custom .2 Mu
Cotton, Second Pick .2 Mu
Cotton Ginning 29.7 Cs
Cotton Classing 2 Ba
Crop Assessment 2 Ba
Cut Stalks 2 Ba
Disk Residue 2 Ba
Pickup Use60 Mi/Acre
Operating Interest at 10.0
---- Hours * ---Machine Labor
0.360
0.400
0.257
0.150
0.225
0.180
0.011
0.023
0.300
0.225
0.129
0.300
0.164
0.225
0.400
0.444
0.286
0.167
0.200
0.200
0.013
0.025
0.900
0.333
0.250
0.143
0.333
0.182
2.000
0.250
0.450
Page 47
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
5.13
6.95
3.70
2.13
3.78
2.67
0.18
0.20
4.87
4.06
1.42
3.11
1.69
3.75
3.28
3.64
2.34
1.37
1.64
1.64
0.11
0.20
6.14
2.73
2.05
1.17
2.73
1.49
12.97
2.05
3.68
13.46
30.00
9.07
18.19
15.00
6.00
0.450
3.07
4.23
4.23
4.75
4.75
0.023
0.450
0.300
0.025
0.500
0.333
0.38
31.05
3.57
0.20
3.41
2.73
0.333
20.70
2.27
81.61
2.54
7.21
0.180
0.300
2.000
0.200
0.333
2.65
5.03
14.82
26.30
14.55
14.14
13.65
16.63
1.67
5.94
0.300
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
1.64
2.73
8.41
10.59
6.04
16.96
5.41
4.30
0.29
0.40
36.14
7.59
15.18
2.59
5.83
3.18
12.97
23.99
18.68
6.00
29.37
18.78
18.37
18.40
21.38
0.58
34.46
7.97
5.94
22.97
81.61
2.54
7.21
4.28
7.76
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
3.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
0.8
1.0
1.0
1.0
1.0
1.0
17.93
Tot. Cash
Expenses
4.20
10.59
6.04
16.96
5.41
4.30
1.73
2.02
36.14
7.59
15.18
2.59
11.67
6.37
6.49
23.99
37.37
6.00
88.11
18.78
18.37
36.80
21.38
0.58
34.46
7.97
5.94
18.38
81.61
2.54
7.21
4.28
7.76
14.82
17.93
Class
L
L
L
G
L
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
H
H
H
H
H
H
P
M
M
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.
A water assessment charge of
$40.00 per Acre is included as an ownership cost in Table B.
591.58
T
Table 10C. Variable Operating Costs; Upland Cotton, 1998
COUNTY:Pima
CROP:
Cotton, Upland
AREA:
Marana
FARM: Pima County 98
ACRES:
1.0
YIELD:
1,009.0 Lb / Acre
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
61.08
Growing (G)
313.39
Harvest (H)
88.71
Post Harvest (P)
85.89
Marketing (M)
9.74
Operating Overhead (O)
32.75
=============
Total (T)
$591.58
Page 48
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.51
$0.61
$0.68
$0.75
$0.85 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
756.8
908.1
1,009.0
1,109.9
1,261.3
Break-even Yield
-161.26
-111.72
-78.70
-45.67
3.86
-84.07
-19.09
24.22
67.54
132.51
-32.61
42.66
92.83
143.01
218.28
18.85
104.41
161.45
218.48
304.04
96.04
197.03
264.36
331.69
432.69
1,249.45
952.58
822.32
723.40
612.83
0.72
0.63
0.59
0.55
0.51
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 6 / 187
Table 10D. Resource and Cash Flow Requirements; Upland Cotton, 1998
COUNTY:Pima
CROP:
Cotton, Upland
AREA:
Marana
Number
Irrigations
0.1
0.5
0.4
Month *
JAN C
FEB C
MAR C
APR C
MAY C
JUN C
2.0
JUL C
2.0
AUG C
1.0
SEP C
OCT C
NOV C
DEC C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
6.0
FARM: Pima County 98
ACRES:
1.0
YIELD:
1,009.0 Lb / Acre
Water
Applied
(inches)
1.2
6.0
4.8
12.0
12.0
6.0
Total
Labor (Hrs)
1.57
0.51
0.37
0.53
0.86
2.47
1.08
0.47
0.16
0.50
0.56
0.44
Page 49
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
3.00
21.37
15.00
0.80
12.00
0.18
7.61
8.95
30.00
6.03
30.00
2.44
15.00
0.20
6.94
20.77
22.00
9.52
14.82
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
12.69
13.46
50.53
3.56
19.36
2.56
14.75
4.34
4.54
16.48
7.06
4.54
20.55
17.87
20.40
6.00
80.29
8.20
34.94
4.23
79.81
3.28
52.74
13.73
84.95
1.16
16.63
0.17
14.10
39.00
3.68
1.00
36.21
61.66
4.17
0.50
25.67
52.35
3.51
26.07
39.09
14.82
17.93
17.93
**
42.0
9.51
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
119.4
Total P
0.0
Total K
0.0
Total Labor
9.5
Total Water
42.0
105.00
17.75
72.08
12.18
138.18
23.36
10.75
1.82
143.94
24.33
591.58
100.00
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
34.3 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
5.5 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Cotton Picker, 5 Row
0.69 Hr
Lister, 7 Bottom
0.18 Hr
Offset Disk, 13.5'
0.07 Hr
Planter, Drill Type, 6 Row
0.22 Hr
Rotary Stalk Cutter, 4 Row
0.18 Hr
Section Harrow, 3 Section
0.13 Hr
Tractor, 125 PTO HP
0.65 Hr
Cultivator, Sweep, 6 Rw
Module Builder
Offset Disk, 16.5'
Power Mulcher, 6 Rw
Rowbuck, 10'
Tractor, 80 PTO HP,
Tractor, 150 PTO HP
MATERIALS REQUIREMENT ( per Acre)
32-00-00, URAN 32, Lqd
33.75 Ga
Cyanazine
1.00 Qt
Mepiquat Chloride
1.00 Pt
Thidiazuron
0.20 Lb
Upl Cotton Sd+NU-Flow
12.00 Lb
Acephate
Endosulfan
Module Tarps
Tribufos
Water, District
LABOR REQUIREMENT ( per Acre)
Hand Weeders
1.00 Hr
Tractor
5.50 Hr
121.65
20.56
Harvest
0.22
0.30
0.55
0.30
0.11
0.30
2.19
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Landplane 12'X 45'
Moldboard Plow, 5-16 2
Pickup Truck, 1/2 Ton
Rolling Cultivator, 6 Rw
Saddle Tk Sprayer, 2 Tk 8
Tractor, 100 PTO HP
V-Ripper, 5 Shnk
0.26
0.40
2.00
0.93
0.38
1.04
0.18
Hr
Hr
Hr
Hr
Hr
Hr
Hr
1.34
2.00
31.88
0.95
42.00
Lb
Pt
C
Pt
AI
Acephate
Lambdacyhalothrin
Prometryn
Trifluralin
0.50
6.40
5.00
1.00
Lb
Oz
Pt
Pt
Irrigators
2.25 Hr
0.77 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 / 187
Table 10E. Schedule of Operations; Upland Cotton, 1998
COUNTY:Pima
CROP:
Cotton, Upland
AREA:
Marana
First
No.Month Times
FARM: Pima County 98
ACRES:
1.0
YIELD:
1,009.0 Lb / Acre
Operation
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
Jan
Jan
Jan
Jan
0.5
1.0
1.0
1.0
Rip
150 V-Ripper, 5 Shnk
Plow
150 Moldboard Plow, 5-16 2
Landplane
150 Landplane 12'X 45'
Apply Herbicide/Ground 150 Saddle Tk Sprayer, 2 Tk 8
5
6
7
8
9
10
11
12
13
14
15
16
Jan
Jan
Jan
Jan
Jan
Apr
Apr
Apr
May
Jun
Jun
Jun
1.0
1.0
6.0
5.0
1.0
1.0
1.0
1.0
2.0
2.0
0.5
1.0
17
18
19
Jun
Jun
Jun
Disk
150 Offset Disk, 16.5'
List
150 Lister, 7 Bottom
Disk Ends
150 Offset Disk, 13.5'
Buck Rows
100 Rowbuck, 10'
Preirrigate
Mulch
125 Power Mulcher, 6 Rw
Plant
125 Planter, Drill Type, 6 Row
Remove Cap
125 Section Harrow, 3 Section
Cultivate
100 Rolling Cultivator, 6 Rw
Cultivate
100 Rolling Cultivator, 6 Rw
Hand Weeding
Apply Herbicide/Ground 150 Cultivator, Sweep, 6 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
2.0 Irrigate
1.0 Field Scouting
CST Scout For Insects
3.0 Irrigate/Run Fertilizer
20
Jul
1.0 Apply Insecticide/Air
21
22
Aug
Aug
1.0 Apply Growth Regulator CST Air Spray, 3 Gal Mix
2.0 Apply Insecticide/Air
CST Air Spray, 5 Gal Mix
23
Sep
1.0 Apply Defoliant/Air
CST Air Spray, 5 Gal Mix
24
25
26
27
28
29
30
31
32
33
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 Offset Disk, 16.5'
Cotton Picker, 5 Row
80 Module Builder
CST Haul Cotton Modules
Cotton Picker, 5 Row
CST Gin Upland Cotton
CST Class Cotton, HVI
CST Upland (Low Elev)
150 Rotary Stalk Cutter, 4 Row
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Prepare Ends
Cotton, First Pick
Cotton, Make Modules
Haul, Custom
Cotton, Second Pick
Cotton Ginning
Cotton Classing
Crop Assessment
Cut Stalks
Disk Residue
Pickup use 60 Mi/Ac
Page 50
WATER SOURCE:
Cortaro-Marana
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
CST Air Spray, 3 Gal Mix
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/5/99
---------- Material Use and 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
1.11 Water, District
3.00
4.00 Upl Cotton Sd+NU-Flow
7.00
3.00
5.50
0.50
4.00 Prometryn
Cyanazine
2.22 Water, District
2.50 Pt
1.00 Pt
Tractor
Tractor
Tractor
Tractor
31.04 Ga
24.95 Ga
12.00 AI
30.00 AF
12.00 Lb
72.00 Lb
2.50 Pt
1.00 Qt
6.00 AI
31.04 Ga
30.50 Ga
30.00 AF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
Tractor
Hand
Tractor
Tractor
6.00 Ac
2.22 Water, District
32-00-00, URAN 32,
Endosulfan
Acephate
Mepiquat Chloride
Lambdacyhalothrin
Acephate
Thidiazuron
Tribufos
40.00
2.00
3.00 Module Tarps
6.00
11.25
2.00
0.50
1.00
3.20
0.67
0.20
0.95
31.88
AI 30.00 AF
Ga 173.00 Tn
Pt 34.80 Ga
Lb 10.31 Lb
Pt 107.75 Ga
Oz 278.75 Ga
Lb
9.00 Lb
Lb 56.16 Lb
Pt 38.82 Ga
C
Irrigators
4.23 Ac
4.23 Ac
4.75 Ac
4.75 Ac
Tractor
Harvest
Tractor
0.05 CW
35.00Mu
3.00
Harvest
2.75 Cs
1.25 Ba
3.55 Ba
5.00
3.00
0.50
Tractor
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 / 187