Table 6A. Income and Cash Operating Summary; Barley, 1998
COUNTY: Pinal
CROP:
Barley
AREA:
Maricopa
FARM: Pinal County 98
ACRES:
1.0
YIELD:
4,900.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 25
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
4,900.00
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:
2/18/99
Budgeted
/Acre
$308.70
Total
/Acre
Your Farm
Budget
$308.70
____________
26.58
____________
____________
____________
67.47
____________
____________
13.71
____________
____________
____________
96.00
____________
34.34
____________
____________
9.18
17.40
67.47
4.80
8.90
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
34.34
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------238.10
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.20
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.14
0.25
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
0.20
____________
____________
0.39
____________
____________
____________
68.10
-------------68.70
____________
7.71
9.76
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$324.26
($15.56)
____________
===================
____________
____________
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 / 10
Table 6B. Allocations of Ownership Costs; Barley, 1998
COUNTY:Pinal
CROP:
Barley
AREA:
Maricopa
FARM: Pinal County 98
WATER SOURCE:
Central Arizona
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
4,900.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 26
$0.06 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$308.70
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$308.70
$324.26
$324.26
($15.56)
1.53
16.21
9.73
-------------27.47
($15.56)
1.53
16.21
9.73
-------------27.47
351.73
351.73
($43.03)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($43.03)
8.78
4.58
-------------13.36
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($43.03)
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 ---------------------------------------->
($74.98)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------59.42
25.94
-------------125.54
=============
=============
TOTAL COST
$383.68
$449.80
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($74.98)
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
($56.39)
$0.07
$0.01
$0.08
($115.16)
($141.10)
$0.07
$0.03
$0.09
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 10
Table 6C. Variable Operating Costs; Barley, 1998
COUNTY:Pinal
CROP:
Barley
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
Nov
Nov
Nov
Dec
Dec
Dec
Feb
Mar
May
May
May
Jun
Page 27
FARM: Pinal County 98
ACRES:
1.0
YIELD:
4,900.0 Lb / Acre
---- Hours * ---Machine Labor
Apply Fert/Ground
Disk
List
Plant
Buck Rows
Irrigate
Irrigate/Run Fertilizer
Irrigate
Prepare Ends
Combine Harvest
Haul, Custom 51 CW
Disk Residue 51 CW
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.075
0.225
0.237
0.225
0.022
0.023
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.083
0.250
0.263
0.250
0.025
0.750
0.450
0.450
0.025
0.42
3.92
3.10
2.22
0.12
0.39
0.68
2.05
2.15
2.05
0.20
5.12
3.07
3.07
0.20
33.87
34.34
24.00
34.80
18.00
55.35
12.75
0.225
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
0.250
3.92
7.71
2.05
Tot. Cash
Expenses
Times
34.97
5.97
5.26
38.61
0.32
29.12
37.87
21.07
0.60
55.35
12.75
5.97
1.0
1.0
1.0
1.0
1.0
1.0
2.0
2.0
1.0
1.0
1.0
1.0
34.97
5.97
5.26
38.61
0.32
29.12
75.74
42.14
0.60
55.35
12.75
5.97
7.71
9.76
9.76
Class
G
L
L
L
G
G
G
G
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
324.26
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)
55.81
Growing (G)
182.29
Harvest (H)
68.70
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
17.47
=============
Total (T)
$324.26
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.05
$0.06
$0.06
$0.07
$0.08 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
3,675.0
4,410.0
4,900.0
5,390.0
6,125.0
Break-even Yield
-134.45
-110.03
-93.75
-77.47
-53.04
-99.73
-68.36
-47.44
-26.53
4.84
-76.57
-40.57
-16.57
7.43
43.43
-53.42
-12.79
14.30
41.38
82.02
-18.69
28.88
60.60
92.32
139.90
7,721.17 6,011.59
5,238.36
4,641.37
3,963.77
0.08
0.07
0.07
0.06
0.06
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 5 / 10
Table 6D. Resource and Cash Flow Requirements; Barley, 1998
COUNTY:Pinal
CROP:
Barley
AREA:
Maricopa
Month *
Number
Irrigations
FARM: Pinal County 98
ACRES:
1.0
YIELD:
4,900.0 Lb / Acre
Water
Applied
(inches)
NOV P
DEC P
0.4
JAN C
0.6
FEB C
1.0
MAR C
1.5
APR C
1.5
MAY C
JUN C
DEC C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
5.0
Total
Labor (Hrs)
3.2
4.8
6.0
9.0
9.0
Page 28
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.30
0.72
0.59
0.45
0.67
0.67
0.03
0.25
0.01
9.60
14.40
18.00
27.00
27.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
3.72
4.83
1.17
0.39
3.92
0.06
7.71
2.44
5.51
4.20
3.07
4.61
4.61
0.20
2.05
0.10
16.93
16.93
9.76
23.10
54.05
36.94
37.87
48.41
31.61
8.40
44.97
0.16
7.71
9.76
77.85
24.01
324.26
100.00
17.17
17.17
16.80
16.80
7.80
60.05
**
32.0
3.70
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
183.8
Total P
95.4
Total K
0.0
Total Labor
3.7
Total Water
32.0
EQUIPMENT REQUIREMENTS ( per Acre)
Fertilizer Broadcaster,
0.08 Hr
Offset Disk, 16.5'
0.47 Hr
Tractor, 70 PTO HP,
0.32 Hr
MATERIALS REQUIREMENT ( per Acre)
11-53-00, Dry
180.00 Lb
Water, District
32.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
2.55 Hr
96.00
29.61
21.81
6.73
26.79
8.26
67.47
20.81
34.34
10.59
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
6.5 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
1.3 M BTU
Grain Drill, 14'
Pickup Truck, 1/2 Ton
Tractor, 125 PTO HP
82-00-00, Anhyd.
Tractor
0.22 Hr
1.00 Hr
0.24 Hr
200.00 Lb
Lister, 5 Bottom
Rowbuck, 10'
Tractor, 150 PTO HP
Barley Sd, Cert
0.24 Hr
0.02 Hr
0.47 Hr
135.00 Lb
1.15 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 / 10
Table 6E. Schedule of Operations; Barley, 1998
COUNTY:Pinal
CROP:
Barley
AREA:
Maricopa
First
No.MonthTimes
FARM: Pinal County 98
ACRES:
1.0
YIELD:
4,900.0 Lb / Acre
Operation
1
2
3
4
5
6
7
Nov
Nov
Nov
Dec
Dec
Dec
Feb
1.0
1.0
1.0
1.0
1.0
1.0
2.0
Apply Fert/Ground
Disk
List
Plant
Buck Rows
Irrigate
Irrigate/Run Fertilizer
8
9
10
11
12
Mar
May
May
May
Jun
2.0
1.0
1.0
1.0
1.0
Irrigate
Prepare Ends
Combine Harvest
Haul, Custom
Disk Residue
Pickup use 30 Mi/Ac
Page 29
WATER SOURCE:
Central Arizona
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
70 Fertilizer Broadcaster,
150 Offset Disk, 16.5'
125 Lister, 5 Bottom
70 Grain Drill, 14'
70 Rowbuck, 10'
150 Offset Disk, 16.5'
CST Combine Barley
CST Haul Grain
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
12.00
4.00
3.80
4.00
40.00
1.33
2.22
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
2/18/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
11-53-00, Dry
180.00 Lb 355.00 Tn
Barley Sd, Cert
135.00 Lb
Water, District
Water, District
82-00-00, Anhyd.
2.22 Water, District
40.00
8.00
6.00
100.00
6.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Irrigators
24.00 CW
AI 36.00 AF
AI 36.00 AF
Lb 317.00 Tn
AI 36.00 AF
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 5 / 10