Table 3A. Income and Cash Operating Summary; Alfalfa Stand Establish, 1998
COUNTY: Pinal
CROP:
Alfalfa Hay
AREA:
Maricopa
FARM: Pinal County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 10
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Quantity
0.00
Price/
Unit
$0.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
Budgeted
/Acre
$0.00
30.10
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
12.26
18.86
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
66.25
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
Your Farm
Budget
$0.00
____________
35.72
____________
____________
____________
30.10
____________
____________
31.12
____________
____________
____________
60.00
____________
66.25
____________
____________
22.93
12.79
Chemicals and Custom Applications
Fertilizer
Other Purchased Inputs &
Seed/Transplants
Total
/Acre
-------------223.19
-------------0.00
____________
7.71
3.06
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
$233.95
($233.95)
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $19.80 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 8
Table 3B. Allocations of Ownership Costs; Alfalfa Stand Establish, 1998
COUNTY:Pinal
CROP:
Alfalfa Hay
AREA:
Maricopa
Item
TOTAL INCOME at
Page 11
FARM: Pinal County 98
WATER SOURCE:
Central Arizona
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
0.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
$0.00 / Tn
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$0.00
$0.00
$233.95
$233.95
($233.95)
3.27
11.70
7.02
-------------21.99
($233.95)
3.27
11.70
7.02
-------------21.99
255.93
255.93
($255.93)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($255.93)
17.46
8.54
-------------26.00
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($255.93)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($447.00 X 16.0% X 0.169)
Opportunity Interest on Land (100% X 6.0 X $447.00)
Water Assessment
12.15
12.15
26.82
19.80
-------------58.77
19.80
-------------Total Land Costs
31.95
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($287.89)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($281.93)
-------------53.94
18.72
-------------125.47
=============
=============
TOTAL COST
$287.89
$359.42
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($287.89)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($340.70)
($359.42)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 8
Table 3C. Variable Operating Costs; Alfalfa Stand Establish, 1998
COUNTY:Pinal
CROP:
Alfalfa Hay
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
FARM: Pinal County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
---- Hours * ---Machine Labor
Disk
Rip
Apply Fert/Ground
Laser Level
Make Borders
Mulch
Plant
Irrigate
Irrigate
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.225
0.600
0.075
0.900
0.045
0.225
0.225
1.000
0.250
0.667
0.083
1.000
0.050
0.250
0.250
1.124
0.375
Page 12
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
3.92
7.76
0.42
10.71
0.53
1.64
2.22
2.05
5.46
0.68
8.19
0.41
2.05
2.05
7.67
2.56
30.10
66.25
36.00
12.00
Times
5.97
13.22
31.20
18.90
0.94
3.68
70.52
43.67
14.56
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
7.71
3.06
Tot. Cash
Expenses
11.94
13.22
31.20
18.90
0.94
3.68
70.52
43.67
29.12
7.71
3.06
Class
L
L
G
L
G
L
L
G
G
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
233.95
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
$19.80 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
118.26
Growing (G)
104.93
Harvest (H)
0.00
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
10.77
=============
Total (T)
$233.95
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 8
Table 3D. Resource and Cash Flow Requirements; Alfalfa Stand Establish, 1998
COUNTY:Pinal
CROP:
Alfalfa Hay
AREA:
Maricopa
Month *
Number
Irrigations
FARM: Pinal County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Water
Applied
(inches)
AUG C
SEP C
1.0
OCT C
1.0
NOV C
0.5
DEC C
0.5
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
3.0
Total
Labor (Hrs)
8.0
8.0
2.0
2.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.92
2.51
0.87
0.19
0.19
Page 13
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
24.00
24.00
6.00
6.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
11.68
18.33
1.11
7.51
19.51
6.14
1.28
1.28
30.10
3.06
19.19
125.07
64.37
7.28
7.28
7.71
3.06
3.06
1.31
233.95
100.00
33.13
33.13
7.71
**
20.0
4.67
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
22.0
Total P
104.0
Total K
0.0
Total Labor
4.7
Total Water
20.0
EQUIPMENT REQUIREMENTS ( per Acre)
Border Disk, Heavy Duty
0.05 Hr
Fertilizer Broadcaster,
0.08 Hr
Offset Disk, 16.5'
0.45 Hr
Tractor, 100 PTO HP,
0.22 Hr
V-Ripper, 5 Shnk
0.60 Hr
60.00
25.65
38.82
16.59
35.72
15.27
30.10
12.87
66.25
28.32
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
16.1 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
2.6 M BTU
Cultipacker, 13'
Grain Drill, 14'
Pickup Truck, 1/2 Ton
Tractor, 125 PTO HP
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
200.00 Lb
Alfalfa Sd, Cert
LABOR REQUIREMENT ( per Acre)
Irrigators
1.87 Hr
Tractor
0.22
0.22
1.00
1.54
Hr
Hr
Hr
Hr
25.00 Lb
Drag Scraper, 10'
Laser, Complete System
Tractor, 70 PTO HP,
Tractor, 150 PTO HP
Water, District
0.90
0.90
0.30
0.45
Hr
Hr
Hr
Hr
20.00 AI
2.80 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$19.80 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 8
Table 3E. Schedule of Operations; Alfalfa Stand Establish, 1998
COUNTY:Pinal
CROP:
Alfalfa Hay
AREA:
Maricopa
First
No.Month Times
FARM: Pinal County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Operation
1
2
3
4
Aug
Aug
Sep
Sep
2.0
1.0
1.0
1.0
Disk
Rip
Apply Fert/Ground
Laser Level
5
6
7
8
9
Sep
Sep
Sep
Sep
Sep
1.0
1.0
1.0
1.0
2.0
Make Borders
Mulch
Plant
Irrigate
Irrigate
Pickup use 30 Mi/Ac
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 Offset Disk, 16.5'
125 V-Ripper, 5 Shnk
70 Fertilizer Broadcaster,
125 Drag Scraper, 10'
Laser, Complete System
125 Border Disk, Heavy Duty
100 Cultipacker, 13'
70 Grain Drill, 14'
Pickup Truck, 1/2 Ton
Page 14
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.00
1.50
12.00 11-52-00, Dry
1.00
20.00
4.00
4.00 Alfalfa Sd, Cert
0.89 Water, District
2.67 Water, District
1.00
200.00 Lb 284.00 Tn
25.00 Lb 250.00 CW
12.00 AI 36.00 AF
4.00 AI 36.00 AF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Irrigators
*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 5 / 8