Table 12A. Income and Cash Operating Cost Summary, Safflower, 1996
COUNTY: Pinal
CROP:
Safflower
AREA:
Maricopa
FARM: Pinal County Farm
ACRES:
1.0
YIELD:
1.0 Tn/Acre
Item
INCOME ->
Page
Seed
WATER SOURCE:
CAID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
52
TILLAGE: Conventional
SOIL:
Sandy Loam
DATE:
10/08/96
Unit
Quantity
Price
/Unit
Budgeted
/Acre
Total
/Acre
Ton
1.00
$200.0000
$200.00
$200.00
____________
45.57
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
____________
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals & Custom Applications
Fertilizers
Insecticides
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs & Services
Seed/Transplants
10.13
35.45
68.78
48.35
20.43
11.45
4.74
6.72
171.00
**
9.92
9.92
__________
306.73
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Farm Machinery and Vehicles
Diesel Fuel
Repairs & Maint.
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD->PICKUP USE
OPERATING INTEREST AT
8.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
3.99
Your Farm
Budget
____________
40.00
__________
48.52
____________
____________
____________
____________
____________
____________
____________
____________
10.25
7.56
===========
$373.05
(
$173.05)
____________
____________
============
____________
____________
3.99
4.52
2.01
2.52
Notes: The above figures do not include ownership costs, see Table 12B on Next Page for detailed cost allocation.
** A water assessment charge of $18.75/Acre is included in the ownership costs of Table 12B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 6/60
Table 12B. Allocation of Ownership Costs; Safflower, 1996
COUNTY: Pinal
CROP:
Safflower
AREA:
Maricopa
FARM: Pinal County Farm
ACRES:
1.0
YIELD:
1.0 Tn/Acre
Page
WATER SOURCE:
CAID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
- CASH COST BASIS ($/ACRE) Income & Costs
Net Returns
Item
TOTAL INCOME at $ 200.0000/Tn
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
|
|
53
TILLAGE: Conventional
SOIL:
Sandy Loam
DATE:
10/08/96
- TOTAL COST BASIS ($/ACRE) Income & Costs
Net Returns
|
$200.00
|
373.05
(
$173.05)
|
(
$173.05)
|
CASH OVERHEAD EXPENSES
|
Taxes, Housing & Insur., Farm Machinery
1.68
|
1.68
Gen. & Off. Overhead ( 5% of Tot. Oper. Exp.)
18.65
|
18.65
General Farm Maint. ( 3% of Tot. Oper. Exp.)
11.19
|
11.19
__________
|
__________
Total Cash Overhead Expenses
31.52
|
31.52
|
Total Cash Oper. & Over. Cost
404.57
|
404.57
RETURNS OVER CASH OPER. & OVER. EXPENSES.
(
204.57)
|
(
204.57)
|
CAPITAL ALLOCATIONS (100% Equity)
|
Capital Replacement, Machinery & Vehicles
|
9.54
Interest on Equity, Machinery & Vehicles
|
5.05
|
__________
Total Capital Allocations
|
14.59
RETURNS TO LAND, CAPITAL, MANAGEMENT & RISK —————————————————————————>(
204.57)
|
RETURNS TO LAND, MANAGEMENT & RISK ————————————————————————————————————————————————————————————————————>(
219.17)
__________
|
____________
LAND COSTS / OWNERSHIP (100% Equity)
|
Property Taxes ($372 X 16% X .16455)
9.79
|
9.79
Opport. Inter. on Land (100% X 6.0% X $372)
|
22.32
Water Assessment **
18.75
|
18.75
—————
|
—————
Total Land Costs
28.54
|
50.86
RETURNS TO MANAGEMENT, CAPITAL & RISK ———————————————————————————————>(
233.12)
|
RETURNS TO MANAGEMENT & RISK ——————————————————————————————————————————————————————————————————————————>(
270.03)
|
Management Services ( 8% of Tot. Oper. Exp.)
|
29.84
__________
|
__________
TOTAL OWNERSHIP COST
60.06
|
126.82
==========
|
==========
TOTAL COST
$433.12
|
$499.87
RETURN TO MANAGEMENT, CAPITAL & RISK ————————————————————————————————>(
$233.12)
|
RETURN TO RISK (PROFITS) ——————————————————————————————————————————————————————————————————————————————>(
$299.87)
BREAK-EVEN PRICE TO COVER OPERATING COST (PER
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$200.00
373.05
Tn)
$373.05
$60.06
$433.12
|
|
|
$373.05
$126.82
$499.87
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 6/60
Table 12C. Variable Operating Costs; Safflower, 1996
COUNTY: Pinal
CROP:
Safflower
AREA:
Maricopa
First
No. Month
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Feb
Jun
Jul
Jul
Jul
Jul
Jul
FARM: Pinal County Farm
ACRES:
1.0
YIELD:
1.0 Tn/Acre
Operation
WATER SOURCE:
CAID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
—— Hours * — | ———————— Operating Costs ($/Acre*) ————————
Machine
Labor | Fuel/Rps. Labor Cust/Ser. Materials
Total
Apply Fert/Ground
Disk
List
Mulch
Plant
Buck Rows
Irrigate
Irrigate/Run Fertilizer
Apply Insecticide/Air
Prepare Ends
Combine Harvest
Haul, Custom
20.0 CW
Cut Stalks
Residue Disposal
Pickup Use 40 Mi/Ac
Operating Interest at 8.00%
0.075
0.225
0.237
0.300
0.225
0.022
0.022
0.180
0.225
1.330
0.083
0.250
0.263
0.333
0.250
0.025
0.562
0.562
|
|
|
|
|
|
|
|
|
0.025 |
|
|
0.200 |
0.250 |
0.46
2.54
2.70
3.30
2.33
0.13
0.70
2.10
2.21
2.80
2.10
0.21
3.94
3.94
26.25
9.92
6.00
19.00
30.05
4.22
0.25
0.21
35.00
5.00
1.74
2.54
10.25
1.68
2.10
7.47
TOTAL CASH OPERATING EXPENSES:
* NOTES:
Page
$26.23
$49.57
$59.47
$237.71
27.41
4.64
4.91
6.10
14.35
0.34
22.94
33.99
10.22
0.46
35.00
5.00
3.42
4.64
54
TILLAGE: Conventional
SOIL:
Sandy Loam
DATE:
10/08/96
Times
1.0
1.0
1.0
1.0
1.0
1.0
7.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense Class
27.41
4.64
4.91
6.10
14.35
0.34
160.58
67.98
20.44
0.46
35.00
5.00
3.42
4.64
10.25
7.47
_________
$372.98
G
L
L
L
L
G
G
G
G
H
H
H
P
P
O
O
T
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 $18.75/Acre included as ownership cost in Table 12B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
$30.00
Growing (G)
276.74
Harvest (H)
40.45
Post Harvest (P)
8.05
Marketing (M)
0.00
Operating Overhead (O)
17.72
—————
Total (T)
$372.97
|
|
|
|
|
|
|
|
|
|
|
SENSITIVITY OF NET REVENUES OVER TOTAL CASH EXPENSES ($/Acre)
Prices ->
|
-25%
-10%
Budgeted
+10%
+25%
————————————————————————————————————————————————————————————————————————————————————
Yields
|
$150.00
$180.00
$200.00
$220.00
$250.00 Break-even
|———————————————————————————————————————————————————————————————
-25%
0.7
|
-248.34
-225.84
-210.84
-195.84
-173.34
481.13
-10%
0.9
|
-233.12
-206.12
-188.12
-170.12
-143.12
409.02
Budgeted
1.0
|
-222.97
-192.97
-172.97
-152.97
-122.97
372.97
+10%
1.1
|
-212.82
-179.82
-157.82
-135.82
-102.82
343.48
+25%
1.2
|
-197.60
-160.10
-135.10
-110.10
-72.60
308.08
Break-even Yield
|
3.19
2.46
2.14
1.89
1.61
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 6/60
Table 12D. Resource and Cash Flow Requirements; Safflower, 1996
COUNTY: Pinal
CROP:
Safflower
AREA:
Maricopa
FARM: Pinal County Farm
ACRES:
1.0
YIELD:
1.0 Tn/Acre
Total
Labor (Hrs)
|
|
|
DEC P
0.4
2.4
JAN C
0.6
3.6
FEB C
1.0
6.0
MAR C
1.0
6.0
APR C
2.0
12.0
MAY C
2.0
12.0
JUN C
2.0
12.0
JUL C
AUG C
Pickup Use 40 Mi/Ac
Operating Interest at 8.0%
Water Assessment
1.01
0.75
0.56
0.56
1.12
1.12
1.12
0.35
0.12
|
|
|
|
|
|
|
|
|
Total
%
6.73
Month *
Number
Irrig.
9.0
Water
Applied
(Inches)
54.0
WATER SOURCE:
CAID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
55
TILLAGE: Conventional
SOIL:
Sandy Loam
DATE:
10/08/96
————————————————————————
Operating Cost ($/Acre)
————————————————————————
Purchased
Fuel, Oil
Other
Water
& Repairs
Labor
Chemicals
Purchases
Services
Total
7.60
11.40
19.00
19.00
38.00
38.00
38.00
7.51
3.94
8.18
5.88
3.94
3.94
7.88
7.88
7.88
2.94
1.05
3.25
1.27
10.25
18.38
7.88
11.05
4.96
4.96
7.48
46.63
34.07
33.99
22.94
56.93
45.88
66.31
46.20
2.32
10.25
7.48
59.48
15.94
372.98
100.00
11.05
8.43
12.00
40.00
**
|
|
171.00
45.84
TOTAL RESOURCES REQUIREMENTS(/Acre)
Total N
132.0 lbs
Total P
40.0 lbs
Total K
0.0 lbs
Total Labor
6.7 Hrs
Total Water
54.0 AI
26.23
7.03
49.57
13.28
TOTAL ENERGY REQUIREMENTS(/Acre)
Diesel Fuel
7.0
Regular Gas
0.0
NonLead Gas
4.0
All Direct Energy
EQUIPMENT REQUIREMENTS(/Acre)
Tractor, 70 PTO HP, MFWD
Offset Disk, 13.5'
Power Mulcher, 4 Rw
Rotary Stalk Cutter, 4 Row
0.32
0.47
0.30
0.18
MATERIALS REQUIREMENTS(/Acre)
16-20-00, Dry
82-00-00, Anhyd. Ammmonia
200.00 Lb
122.00 Lb
LABOR REQUIREMENTS(/Acre)
Tractor
Page
Hrs
Hrs
Hrs
Hrs
1.68 Hrs
1.4
Fertilizer Broadcaster, Towed
Tractor, 100 PTO HP
Planter, 4 Row
Pickup Truck, 1/2 Ton
Safflower Sd
Dimethoate
Irrigators
56.79
15.23
9.92
2.66
Gal
Gal
Gal
M BTU
0.08
0.24
0.23
1.33
Hrs
Hrs
Hrs
Hrs
18.00 Lb
2.00 Pt
Tractor, 100 PTO HP, MFWD
Lister, 5 Bottom
Rowbuck, 10'
Water, District
0.95 Hrs
0.24 Hrs
0.02 Hrs
54.00 AI
5.06 Hrs
* NOTE:
P = Previous Year C = Current Year
N = Next Year
** A water assessment charge of $18.75/Acre included as ownership cost in Table 12B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 6/60
Table 12E.
Schedule of Operations; Safflower, 1996
COUNTY: Pinal
CROP:
Safflower
AREA:
Maricopa
First
No. Month Times
Page
FARM: Pinal County Farm
ACRES:
1.0
YIELD:
1.0 Tn/Acre
Operation
Equipment/Custom Oper.
HP
Self-Prop./Implem.
1
2
3
4
5
6
7
8
Dec
Dec
Dec
Dec
Dec
Dec
Dec
Feb
1.0
1.0
1.0
1.0
1.0
1.0
7.0
2.0
Apply Fert/Ground
70
Disk
100
List
100
Mulch
100
Plant
70
Buck Rows
70
Irrigate
Irrigate/Run Fertiliz
Fertilizer Broadcaster,
Offset Disk, 13.5'
Lister, 5 Bottom
Power Mulcher, 4 Rw
Planter, 4 Row
Rowbuck, 10'
9
10
11
12
13
14
Jun
Jul
Jul
Jul
Jul
Jul
2.0
1.0
1.0
1.0
1.0
1.0
Apply Insecticide/Air
Prepare Ends
100
Combine Harvest
Haul, Custom
Cut Stalks
100
Residue Disposal
100
Pickup Use 40 Mi/Ac
CST Air Spray, 3 Gal Mi
Offset Disk, 13.5'
CST Combine Safflower
CST Haul Grain
Rotary Stalk Cutter, 4
Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
WATER SOURCE:
CAID
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Job Rate
Acres/Hr
12.00
4.00
3.80
3.00
4.00
40.00
1.78
1.78
TILLAGE: Conventional
SOIL:
Sandy Loam
DATE:
10/08/96
———— Material Use & Cost ——— Service Cost
Name
Appl. Rate
$/Unit
$/Unit
16-20-00, Dry
200.00 Lb
250.00 Tn
Safflower Sd
18.00 Lb
52.50 CW
Water, District
Water, District
82-00-00, Anhyd. A
Dimethoate
6.00
6.00
61.00
1.00
AI
AI
Lb
Pt
38.00
38.00
345.00
32.13
56
AF
AF
Tn
Ga
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigator
Irrigator
6.00 Ac
40.00
Tractor
35.00 Ac
0.25 CW
5.00
4.00
0.75
Tractor
Tractor
* NOTE: Machine times, labor times, and material rates are for one time over the designated acreage.
** A water assessment charge of $18.75/Acre included as ownership cost in Table 12B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag & Resource Economics
The University of Arizona
F 6/60