Table 3A. Income and Cash Operating Summary; Alfalfa Stand Establish, 1998
COUNTY: Yuma
CROP:
Alfalfa Hay
AREA:
Yuma Valley North
FARM: Yuma County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 10
WATER SOURCE:
Yuma County Water
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
Budgeted
/Acre
$0.00
69.96
6.51
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
13.56
16.01
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%
Total
/Acre
Your Farm
Budget
$0.00
____________
39.26
____________
____________
____________
76.47
____________
____________
____________
29.57
____________
____________
____________
0.00
____________
66.25
____________
____________
30.55
8.72
Chemicals and Custom Applications
Fertilizer
Herbicide
Other Purchased Inputs &
Seed/Transplants
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
1/25/99
-------------211.55
-------------0.00
____________
7.56
4.87
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
$223.97
($223.97)
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $62.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 8
Table 3B. Allocations of Ownership Costs; Alfalfa Stand Establish, 1998
COUNTY:Yuma
CROP:
Alfalfa Hay
AREA:
Yuma Valley North
Item
TOTAL INCOME at
Page 11
FARM: Yuma County 98
WATER SOURCE:
Yuma County Water
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:
1/25/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$0.00
$0.00
$223.97
$223.97
($223.97)
3.69
11.20
6.72
-------------21.61
($223.97)
3.69
11.20
6.72
-------------21.61
245.58
245.58
($245.58)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($245.58)
18.45
10.19
-------------28.65
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($245.58)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($1,314. X 16.0% X 0.132)
Opportunity Interest on Land (100% X 6.0 X $1,314.)
Water Assessment
27.79
27.79
78.84
62.00
-------------168.63
62.00
-------------Total Land Costs
89.79
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($335.38)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($274.23)
-------------111.40
17.92
-------------236.81
=============
=============
TOTAL COST
$335.38
$460.78
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($335.38)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
($442.86)
($460.78)
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 8
Table 3C. Variable Operating Costs; Alfalfa Stand Establish, 1998
COUNTY:Yuma
CROP:
Alfalfa Hay
AREA:
Yuma Valley North
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
Aug
Aug
Aug
Aug
Sep
Sep
Sep
Sep
Oct
Oct
Oct
FARM: Yuma County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
---- Hours * ---Machine Labor
Chisel
Disk
Apply Fert/Ground
Laser Level
Make Borders
Preirrigate
Finish Level
Irrigate
Mulch
Plant
Irrigate/Run Herbicide
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.450
0.225
0.150
0.900
0.600
0.450
0.225
0.300
1.000
0.500
0.250
0.167
1.000
0.667
0.270
0.500
0.267
0.250
0.333
0.270
Page 12
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
1/25/99
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
5.64
2.21
0.84
6.65
4.31
3.29
1.68
2.72
3.90
1.95
1.30
7.80
5.20
1.75
3.90
1.74
1.95
2.60
1.75
69.96
66.25
6.51
Times
9.54
4.16
72.11
14.45
9.52
1.75
7.19
1.74
3.63
71.57
8.26
1.0
2.0
1.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
1.0
7.56
4.87
Tot. Cash
Expenses
9.54
8.32
72.11
14.45
9.52
1.75
7.19
5.21
3.63
71.57
8.26
7.56
4.87
Class
L
L
G
L
G
G
L
G
L
L
G
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
223.97
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
$62.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
114.70
Growing (G)
96.85
Harvest (H)
0.00
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
12.42
=============
Total (T)
$223.97
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 8
Table 3D. Resource and Cash Flow Requirements; Alfalfa Stand Establish, 1998
COUNTY:Yuma
CROP:
Alfalfa Hay
AREA:
Yuma Valley North
Month *
Number
Irrigations
AUG C
SEP C
2.0
OCT C
2.0
NOV C
1.0
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
5.0
FARM: Yuma County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
10.0
10.0
5.0
Page 13
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.17
3.29
0.54
0.27
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
1/25/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
10.91
18.66
9.10
24.94
3.49
1.74
69.96
4.87
89.97
109.85
10.00
1.74
7.56
4.87
4.87
2.17
223.97
100.00
66.25
6.51
7.56
**
25.0
5.26
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
44.0
Total P
192.0
Total K
0.0
Total Labor
5.3
Total Water
25.0
37.13
16.58
76.47
34.14
66.25
29.58
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
17.5 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
2.8 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Blade Scraper, 10'
0.45 Hr
Fertilizer Broadcaster,
0.15 Hr
Offset Disk, 12'
0.45 Hr
Tractor, 70 PTO HP,
0.68 Hr
V-Ripper, 7 Shnk
0.45 Hr
Border Disk, Heavy Duty
Grain Drill, 12'
Pickup Truck, 1/2 Ton
Tractor, 100 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
400.00 Lb
Water, District
25.00 AI
Alfalfa Sd, Cert
LABOR REQUIREMENT ( per Acre)
Irrigators
1.34 Hr
39.26
17.53
Tractor
0.60
0.30
1.00
2.40
Hr
Hr
Hr
Hr
25.00 Lb
Drag Scraper, 10'
Laser, Complete System
Spring Tooth Renovator,
Tractor, 150 PTO HP,
0.90
0.90
0.22
0.45
Hr
Hr
Hr
Hr
EPTC
1.40 Pt
3.92 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$62.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 8
Table 3E. Schedule of Operations; Alfalfa Stand Establish, 1998
COUNTY:Yuma
CROP:
Alfalfa Hay
AREA:
Yuma Valley North
First
No.Month Times
FARM: Yuma County 98
ACRES:
1.0
YIELD:
0.0 Tn / Acre
Operation
1
2
3
4
Aug
Aug
Aug
Aug
1.0
2.0
1.0
1.0
Chisel
Disk
Apply Fert/Ground
Laser Level
5
6
7
8
9
10
11
Sep
Sep
Sep
Sep
Oct
Oct
Oct
1.0
1.0
1.0
3.0
1.0
1.0
1.0
Make Borders
Preirrigate
Finish Level
Irrigate
Mulch
Plant
Irrigate/Run Herbicide
Pickup use 30 Mi/Ac
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 7 Shnk
100 Offset Disk, 12'
70 Fertilizer Broadcaster,
100 Drag Scraper, 10'
Laser, Complete System
100 Border Disk, Heavy Duty
100 Blade Scraper, 10'
70 Spring Tooth Renovator, 16'
70 Grain Drill, 12'
Pickup Truck, 1/2 Ton
Page 14
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Winter
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.00
4.00
6.00 11-48-00, Dry
1.00
1.50
3.70
2.00
3.70
4.00
3.00
3.70
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
1/25/99
400.00 Lb 330.00 Tn
Water, District
5.00 AI
0.00 AF
Water, District
5.00 AI
0.00 AF
Alfalfa Sd, Cert
Water, District
EPTC
25.00 Lb 250.00 CW
5.00 AI
0.00 AF
1.40 Pt 35.08 Ga
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Irrigators
Tractor
Tractor
Irrigators
1.00
*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 1 / 8