Table 7A. Income and Cash Operating Summary; Grain Sorghum (Dbl. Crop), 1998
COUNTY: Yuma
CROP:
Sorghum(Milo), Grain
AREA:
Yuma Valley North
FARM: Yuma County 98
ACRES:
1.0
YIELD:
3,200.0 Lb / Acre
Item
INCOME ⇒
Unit
Grain
Pound
Page 30
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Quantity
3,200.00
Price/
Unit
$0.11
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$352.00
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
Total
/Acre
Your Farm
Budget
$352.00
____________
30.42
____________
____________
____________
115.60
____________
____________
____________
____________
13.32
____________
____________
____________
0.00
____________
10.07
____________
____________
14.82
15.60
90.79
13.65
11.16
5.27
8.05
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
10.07
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------169.40
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
1.30
2.16
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
1.73
5.84
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
3.47
____________
____________
____________
7.57
____________
____________
____________
11.75
-------------22.79
____________
7.56
9.15
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$208.90
$143.10
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $31.00 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 / 77
Table 7B. Allocations of Ownership Costs; Grain Sorghum (Dbl. Crop), 1998
Page 31
COUNTY:Yuma
FARM: Yuma County 98
WATER SOURCE:
Yuma County Water
CROP:
Sorghum(Milo), Grain ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
AREA:
Yuma Valley North
YIELD:
3,200.0 Lb / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
$0.11 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$352.00
$208.90
$208.90
$143.10
3.13
10.44
6.27
-------------19.84
$143.10
3.13
10.44
6.27
-------------19.84
228.74
228.74
$123.26
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$123.26
20.04
9.19
-------------29.24
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$123.26
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
13.90
13.90
39.42
31.00
-------------84.32
31.00
-------------Total Land Costs
44.90
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$78.36
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------64.74
16.71
-------------150.11
=============
=============
TOTAL COST
$273.64
$359.01
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$78.36
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
$94.02
$0.07
$0.02
$0.09
$9.71
($7.01)
$0.07
$0.05
$0.11
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 77
Table 7C. Variable Operating Costs; Grain Sorghum (Dbl. Crop), 1998
COUNTY:Yuma
FARM: Yuma County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Yuma Valley North
YIELD:
3,200.0 Lb / Acre
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Aug
Jul
Jul
Aug
Aug
Aug
Nov
Nov
Nov
Nov
Nov
---- Hours * ---Machine Labor
Disk
Make Borders
Apply Fert/Ground
Irrigate/Run Fertilizer
Knock Borders
Disk
Plant
Make Borders
Apply Herbicide/Air
Apply Insecticide/Air
Rerun Borders
Cultivate
Irrigate
Combine Harvest
Haul, Custom 47 CW
Knock Borders 47 CW
Cut Stalks 47 CW
Disk Residue 47 CW
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.300
0.113
0.075
0.090
0.150
0.150
0.113
Page 32
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.333
0.125
0.083
0.400
0.100
0.167
0.167
0.125
2.95
0.59
0.42
0.49
1.05
1.82
0.59
2.60
0.97
0.65
2.60
0.78
1.30
1.30
0.97
45.16
15.21
10.07
4.30
4.23
0.090
0.150
0.300
0.100
0.167
0.400
0.333
0.47
1.03
0.100
0.167
0.333
0.49
1.43
2.95
7.56
6.14
0.78
1.30
2.60
2.16
11.75
0.090
0.150
0.300
1.000
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
0.78
1.30
2.60
6.86
9.42
Tot. Cash
Expenses
Times
5.55
1.56
46.23
17.81
1.26
2.35
13.19
1.56
11.16
13.65
1.25
2.34
2.60
8.30
11.75
1.26
2.73
5.55
1.0
1.0
1.0
3.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
1.0
1.0
1.0
5.55
1.56
46.23
53.43
2.53
2.35
13.19
1.56
11.16
13.65
1.25
2.34
7.80
8.30
11.75
1.26
2.73
5.55
7.56
9.15
9.15
Class
L
G
G
G
G
L
L
G
G
G
G
G
G
H
H
G
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
208.90
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
$31.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
26.64
Growing (G)
142.76
Harvest (H)
20.05
Post Harvest (P)
2.73
Marketing (M)
0.00
Operating Overhead (O)
16.71
=============
Total (T)
$208.90
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$0.08
$0.10
$0.11
$0.12
$0.14 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
2,400.0
2,880.0
3,200.0
3,520.0
4,000.0
Break-even Yield
-2.38
33.80
57.92
82.05
118.23
37.22
81.32
110.72
140.13
184.23
63.62
113.00
145.92
178.85
228.23
90.02
144.68
181.12
217.57
272.23
129.62
192.20
233.92
275.65
338.23
2,431.55 1,994.89
1,781.59
1,609.50
1,405.81
0.08
0.07
0.06
0.06
0.05
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 77
Table 7D. Resource and Cash Flow Requirements; Grain Sorghum (Dbl. Crop), 1998
COUNTY:Yuma
FARM: Yuma County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Yuma Valley North
YIELD:
3,200.0 Lb / Acre
Month *
Number
Irrigations
JUN C
1.0
JUL C
2.0
AUG C
1.0
SEP C
2.0
NOV C
DEC C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
6.0
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
12.0
6.0
12.0
Page 33
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.04
1.36
0.67
0.80
0.47
0.47
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
4.44
3.94
1.50
7.60
9.56
4.68
5.20
3.42
3.42
5.50
5.50
7.56
60.37
46.70
10.07
9.15
72.41
78.80
6.18
5.20
11.67
12.05
7.56
9.15
29.43
14.09
208.90
100.00
8.53
8.62
3.13
**
36.0
4.80
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
192.3
Total P
156.0
Total K
0.0
Total Labor
4.8
Total Water
36.0
28.45
13.62
33.88
16.22
107.07
51.25
10.07
4.82
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
9.0 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
1.6 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Blade Scraper, 10'
0.27 Hr
Fertilizer Broadcaster,
0.08 Hr
Pickup Truck, 1/2 Ton
1.00 Hr
Tandem Disk, 12'
0.15 Hr
Border Disk, 6' Disk
Flail Stalk Cutter, 4 Row
Planter, Drill Type, 6 Row
Tractor, 70 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-52-00, Dry
300.00 Lb
Disulfoton
1.00 Pt
32-00-00, URAN 32, Lqd
Grain Sorghum Sd
LABOR REQUIREMENT ( per Acre)
Harvest
0.33 Hr
Irrigators
0.32
0.15
0.15
1.11
Hr
Hr
Hr
Hr
45.00 Ga
10.00 Lb
2.40 Hr
Combine, Sm. Gr., PL20,
Offset Disk, 12'
Rolling Cultivator, 6 Rw
Tractor, 100 PTO HP,
Dicamba
Water, District
Tractor
0.30
0.60
0.15
0.75
Hr
Hr
Hr
Hr
0.50 Pt
36.00 AI
2.07 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$31.00 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 / 77
Table 7E. Schedule of Operations; Grain Sorghum (Dbl. Crop), 1998
COUNTY:Yuma
FARM: Yuma County 98
CROP:
Sorghum(Milo), Grain ACRES:
1.0
AREA:
Yuma Valley North
YIELD:
3,200.0 Lb / Acre
First
No.Month Times
Operation
Page 34
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
Jun
Jun
Jun
Jun
1.0
1.0
1.0
3.0
Disk
Make Borders
Apply Fert/Ground
Irrigate/Run Fertilizer
100 Offset Disk, 12'
70 Border Disk, 6' Disk
70 Fertilizer Broadcaster,
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Jun
Jul
Jul
Aug
Jul
Jul
Aug
Aug
Aug
Nov
Nov
Nov
Nov
Nov
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
1.0
1.0
1.0
Knock Borders
Disk
Plant
Make Borders
Apply Herbicide/Air
Apply Insecticide/Air
Rerun Borders
Cultivate
Irrigate
Combine Harvest
Haul, Custom
Knock Borders
Cut Stalks
Disk Residue
Pickup use 30 Mi/Ac
70 Blade Scraper, 10'
70 Tandem Disk, 12'
70 Planter, Drill Type, 6 Row
70 Border Disk, 6' Disk
CST Air Spray, 5 Ga w/ Herb.
CST Air Spray, 3 Gal Mix
70 Border Disk, 6' Disk
70 Rolling Cultivator, 6 Rw
Combine, Sm. Gr., PL20, 155
CST Haul Grain
70 Blade Scraper, 10'
100 Flail Stalk Cutter, 4 Row
100 Offset Disk, 12'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
3.00
8.00
12.00 11-52-00, Dry
2.50 Water, District
32-00-00, URAN 32,
10.00
6.00
6.00 Grain Sorghum Sd
8.00
Dicamba
Disulfoton
10.00
6.00
2.50 Water, District
3.00
Tractor
Tractor
Tractor
Irrigators
300.00 Lb 284.00 Tn
6.00 AI
0.00 AF
15.00 Ga 173.00 Tn
10.00 Lb
6.00 AI
Tractor
Tractor
Tractor
Tractor
95.00 CW
0.50 Pt 103.50 Ga
1.00 Pt 71.08 Ga
Labor
Type
4.30 Ac
4.23 Ac
Tractor
Tractor
Irrigators
Harvest
0.00 AF
0.25 C
10.00
6.00
3.00
1.00
Tractor
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 1 / 77