Table 9A. Income and Cash Operating Summary; Safflower (Double Crop), 1998
COUNTY: Yuma
CROP:
Safflower
AREA:
Yuma Valley South
FARM: Yuma County 98
ACRES:
1.0
YIELD:
1.2 Tn / Acre
Item
INCOME ⇒
Unit
Seed
Ton
Page 41
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Rapini
Quantity
1.20
Price/
Unit
$390.45
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Herbicide
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$468.54
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
1/25/99
Total
/Acre
Your Farm
Budget
$468.54
____________
34.66
____________
____________
____________
24.21
____________
____________
____________
11.14
____________
____________
____________
0.00
____________
23.71
____________
____________
____________
9.09
25.57
20.28
3.93
3.76
7.39
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
19.48
4.23
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------93.73
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
1.95
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.86
1.47
Custom Harvest/Post Harvest
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
1.95
____________
____________
2.33
____________
____________
____________
5.00
-------------9.28
10.08
3.83
____________
=============
===================
$116.92
$351.62
____________
____________
____________
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $56.83 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 165
Table 9B. Allocations of Ownership Costs; Safflower (Double Crop), 1998
COUNTY:Yuma
CROP:
Safflower
AREA:
Yuma Valley South
Item
TOTAL INCOME at
Page 42
FARM: Yuma County 98
WATER SOURCE:
Yuma Irrigation District,
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
1.2 Tn / Acre PREVIOUS CROP:
Rapini
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$390.45 / Tn
$468.54
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$116.92
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
1/25/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$468.54
$116.92
$351.62
1.78
5.85
3.51
-------------11.14
$351.62
1.78
5.85
3.51
-------------11.14
128.06
128.06
$340.48
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$340.48
10.32
5.35
-------------15.67
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$340.48
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
56.83
-------------110.15
56.83
-------------Total Land Costs
70.73
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$269.75
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$324.81
-------------81.87
9.35
-------------146.32
=============
=============
$214.66
TOTAL COST
$198.79
$263.24
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$269.75
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
$205.30
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$97.43
$121.93
$219.36
$97.43
$68.22
$165.66
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 165
Table 9C. Variable Operating Costs; Safflower (Double Crop), 1998
COUNTY:Yuma
CROP:
Safflower
AREA:
Yuma Valley South
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
Jan
Jan
Jan
Feb
Feb
Feb
Jul
Jul
Jul
FARM: Yuma County 98
ACRES:
1.0
YIELD:
1.2 Tn / Acre
---- Hours * ---Machine Labor
Disk
Apply Herb. & Incorporate
List
Plant
Irrigate
Irrigate/Run Fertilizer
Combine Harvest
Haul, Custom 20 CW
Residue Disposal 20 CW
Pickup Use40 Mi/Acre
Operating Interest at 10.0
0.225
0.300
0.300
0.225
Page 43
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Rapini
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.333
0.333
0.250
0.562
0.562
2.33
3.67
2.69
2.45
1.95
2.60
2.60
1.95
3.65
3.65
3.93
19.48
10.14
4.23
5.00
0.225
1.333
0.250
2.33
10.08
1.95
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
1/25/99
Tot. Cash
Expenses
Times
4.28
10.20
5.29
23.88
3.65
13.79
4.23
5.00
4.28
1.0
1.0
1.0
1.0
5.0
2.0
1.0
1.0
1.0
4.28
10.20
5.29
23.88
18.26
27.59
4.23
5.00
4.28
10.08
3.83
3.83
Class
L
G
L
L
G
G
H
H
P
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
116.92
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
$56.83 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
33.45
Growing (G)
56.04
Harvest (H)
9.23
Post Harvest (P)
4.28
Marketing (M)
0.00
Operating Overhead (O)
13.91
=============
Total (T)
$116.92
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$292.84 $351.40
$390.45
$429.50
$488.06 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Break-even Yield
0.9
1.1
1.2
1.3
1.5
150.58
201.27
235.06
268.85
319.53
203.30
264.52
305.34
346.16
407.38
238.44
306.69
352.19
397.70
465.95
273.58
348.86
399.05
449.23
524.52
326.29
412.11
469.33
526.54
612.37
0.37
0.30
0.27
0.25
0.22
125.52
106.48
96.96
89.17
79.82
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 165
Table 9D. Resource and Cash Flow Requirements; Safflower (Double Crop), 1998
COUNTY:Yuma
CROP:
Safflower
AREA:
Yuma Valley South
Month *
Number
Irrigations
DEC P
JAN C
FEB C
1.0
MAR C
1.0
APR C
2.0
MAY C
1.0
JUN C
2.0
JUL C
AUG C
Pickup Use40 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
7.0
FARM: Yuma County 98
ACRES:
1.0
YIELD:
1.2 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
6.0
12.0
6.0
12.0
Page 44
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Rapini
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.13
1.04
0.56
0.56
1.12
0.56
1.12
0.13
0.13
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
1/25/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
1.23
9.92
1.17
1.17
10.08
0.97
8.12
3.65
3.65
7.30
3.65
7.30
0.97
0.97
3.93
10.14
9.74
9.74
3.83
11.94
31.71
13.79
3.65
17.45
3.65
7.30
11.37
2.14
10.08
3.83
13.06
11.17
116.92
100.00
10.14
9.23
**
42.0
5.35
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
70.8
Total P
0.0
Total K
0.0
Total Labor
5.3
Total Water
42.0
23.55
20.14
24.21
20.71
19.48
16.66
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
6.0 Gal
Unleaded Gas
4.0
Gal
All Direct Energy
1.3 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Lister, 7 Bottom
0.30 Hr
Planter, Drill Type, 4 Row
0.22 Hr
Tractor, 100 PTO HP,
1.05 Hr
Offset Disk, 13.5'
Saddle Tk Sprayer, 2 Tk 8
MATERIALS REQUIREMENT ( per Acre)
32-00-00, URAN 32, Lqd
20.00 Ga
Water, District
42.00 AI
Safflower Sd
LABOR REQUIREMENT ( per Acre)
Irrigators
3.93 Hr
36.61
31.31
Tractor
0.75 Hr
0.30 Hr
35.00 Lb
Pickup Truck, 1/2 Ton
Tractor, 70 PTO HP,
1.33 Hr
0.22 Hr
Trifluralin
1.20 Pt
1.42 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$56.83 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 / 165
Table 9E. Schedule of Operations; Safflower (Double Crop), 1998
COUNTY:Yuma
CROP:
Safflower
AREA:
Yuma Valley South
First
No.Month Times
FARM: Yuma County 98
ACRES:
1.0
YIELD:
1.2 Tn / Acre
Operation
1
2
Jan
Jan
1.0 Disk
1.0 Apply Herb. &
3
4
5
6
Jan
Feb
Feb
Feb
1.0
1.0
5.0
2.0
7
8
9
Jul
Jul
Jul
1.0 Combine Harvest
1.0 Haul, Custom
1.0 Residue Disposal
Pickup use 40 Mi/Ac
List
Plant
Irrigate
Irrigate/Run Fertilizer
Equipment/ Custom Oper
HP Self-Prop./ Implement
100 Offset Disk, 13.5'
100 Saddle Tk Sprayer, 2 Tk 8
Offset Disk, 13.5'
100 Lister, 7 Bottom
70 Planter, Drill Type, 4 Row
CST Air Spray, 3 Gal Mix
CST Haul Grain
100 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Page 45
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Rapini
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
1/25/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.00
3.00 Trifluralin
3.00
4.00 Safflower Sd
1.78 Water, District
1.78 Water, District
32-00-00, URAN 32,
1.20 Pt
35.00
6.00
6.00
10.00
Tractor
Tractor
24.73 Ga
Lb 52.50
AI
0.00
AI
0.00
Ga 173.00
Labor
Type
Tractor
Tractor
Irrigators
Irrigators
CW
AF
AF
Tn
4.23 Ac
0.25 C
4.00
0.75
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 / 165