Table 11A. Income and Cash Operating Summary; Sudan Hay (Double Crop), 1998
COUNTY: Yuma
CROP:
Sudan Hay
AREA:
Yuma Valley South
FARM: Yuma County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Item
INCOME ⇒
Unit
Hay
Ton
Page 51
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Durum
Quantity
5.00
Price/
Unit
$92.00
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
Budgeted
/Acre
$460.00
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
Total
/Acre
Your Farm
Budget
$460.00
____________
22.32
____________
____________
____________
87.08
____________
____________
12.47
____________
____________
____________
0.00
____________
15.90
____________
____________
9.32
13.00
87.08
4.80
7.68
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
15.90
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------137.77
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
17.74
____________
____________
____________
53.81
____________
____________
____________
____________
10.70
7.04
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Other Materials
7.93
45.88
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
13.09
-------------84.65
7.56
18.53
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$248.51
$211.49
____________
____________
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $12.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 177
Table 11B. Allocations of Ownership Costs; Sudan Hay (Double Crop), 1998
COUNTY:Yuma
CROP:
Sudan Hay
AREA:
Yuma Valley South
FARM: Yuma County 98
WATER SOURCE:
Yuma Irrigation District,
ACRES:
1.0
IRRIGATION SYSTEM: Flood Basin
YIELD:
5.0 Tn / Acre PREVIOUS CROP:
Wheat, Durum
Item
TOTAL INCOME at
Page 52
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$92.00 / Tn
$460.00
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$248.51
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$460.00
$248.51
$211.49
6.99
12.43
7.46
-------------26.87
$211.49
6.99
12.43
7.46
-------------26.87
275.38
275.38
$184.62
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$184.62
45.49
7.60
-------------53.09
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$184.62
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
12.50
-------------65.82
12.50
-------------Total Land Costs
26.40
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$158.23
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$131.53
-------------53.27
19.88
-------------165.66
=============
=============
$65.71
TOTAL COST
$301.77
$414.17
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$158.23
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
$45.83
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$49.70
$33.13
$82.83
$49.70
$10.65
$60.35
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 177
Table 11C. Variable Operating Costs; Sudan Hay (Double Crop), 1998
COUNTY:Yuma
CROP:
Sudan Hay
AREA:
Yuma Valley South
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
May
May
May
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Jul
Oct
FARM: Yuma County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
---- Hours * ---Machine Labor
Disk
Disk Ends
Make Borders
Apply Fert/Ground
Plant
Irrigate
Irrigate/Run Fertilizer
Swathing
Crimping
Baling
Roadsiding
Disk Residue
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.225
0.011
0.113
0.036
0.240
0.180
0.180
0.129
0.064
0.225
1.000
Page 53
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Durum
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.013
0.125
0.040
0.267
0.250
0.250
0.200
0.200
0.143
0.071
0.250
3.30
0.11
0.59
0.20
2.64
1.95
0.10
0.97
0.31
2.08
1.62
1.62
1.30
1.56
1.12
0.46
1.95
2.67
1.57
3.61
5.60
2.33
7.56
26.24
15.90
20.28
3.27
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
Tot. Cash
Expenses
Times
5.25
0.22
1.56
26.75
20.63
1.62
21.91
3.97
3.13
8.00
6.07
4.28
2.0
1.0
1.0
1.0
1.0
5.0
3.0
4.0
4.0
4.0
4.0
1.0
10.49
0.22
1.56
26.75
20.63
8.12
65.72
15.89
12.50
31.99
24.26
4.28
7.56
18.53
18.53
Class
L
G
G
G
L
G
G
H
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
248.51
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
$12.50 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
35.40
Growing (G)
102.37
Harvest (H)
84.65
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
26.09
=============
Total (T)
$248.51
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$69.00
$82.80
$92.00
$101.20
$115.00 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Break-even Yield
3.8
4.5
5.0
5.5
6.3
40.42
79.47
105.51
131.54
170.60
92.17
141.57
174.51
207.44
256.85
126.67
182.97
220.51
258.04
314.35
161.17
224.37
266.51
308.64
371.85
212.92
286.47
335.51
384.54
458.10
2.97
2.35
2.06
1.84
1.58
58.22
51.34
47.90
45.08
41.70
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 1 / 177
Table 11D. Resource and Cash Flow Requirements; Sudan Hay (Double Crop), 1998
COUNTY:Yuma
CROP:
Sudan Hay
AREA:
Yuma Valley South
Month *
Number
Irrigations
MAY C
JUN C
2.0
JUL C
2.0
AUG C
2.0
SEP C
2.0
OCT C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
8.0
FARM: Yuma County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
12.0
12.0
12.0
12.0
Page 54
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Durum
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.64
0.81
1.11
1.11
1.11
0.86
TILLAGE: Double Cropped
SOIL:
Sandy-Loam
DATE:
1/25/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
7.29
2.85
13.45
13.45
13.45
15.79
7.56
4.98
5.64
7.69
7.69
7.69
6.39
26.24
20.28
20.28
20.28
18.53
12.27
50.62
44.69
44.69
44.69
25.44
7.56
18.53
18.53
7.46
248.51
100.00
15.90
3.27
3.27
3.27
3.27
**
48.0
5.65
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
228.9
Total P
72.0
Total K
0.0
Total Labor
5.7
Total Water
48.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bale Wagon, SP PRC
0.26 Hr
Fertilizer Broadcaster,
0.04 Hr
Offset Disk, 13.5'
0.24 Hr
Tractor, 70 PTO HP,
0.67 Hr
Windrower, 14.0', HS, SC
0.72 Hr
73.84
29.71
40.06
16.12
87.08
35.04
28.99
11.67
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
16.4 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
2.7 M BTU
Baler, 3 wire w/motor
Grain Drill, 12'
Offset Disk, 16.5'
Tractor, 100 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
150.00 Lb
Sudan Grass Sd
30.00 Lb
32-00-00, URAN 32, Lqd
Water, District
LABOR REQUIREMENT ( per Acre)
Harvest
1.08 Hr
Irrigators
0.52
0.24
0.45
1.20
Hr
Hr
Hr
Hr
60.00 Ga
48.00 AI
2.00 Hr
Border Disk, 6' Disk
Hay Crimper
Pickup Truck, 1/2 Ton
Tractor, 150 PTO HP,
0.11
0.72
1.00
0.45
Hr
Hr
Hr
Hr
Baling Twine (6500')
1.88 TF
Tractor
2.57 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$12.50 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 / 177
Table 11E. Schedule of Operations; Sudan Hay (Double Crop), 1998
COUNTY:Yuma
CROP:
Sudan Hay
AREA:
Yuma Valley South
First
No.MonthTimes
FARM: Yuma County 98
ACRES:
1.0
YIELD:
5.0 Tn / Acre
Operation
Page 55
WATER SOURCE:
Yuma Irrigation District,
IRRIGATION SYSTEM: Flood Basin
PREVIOUS CROP:
Wheat, Durum
Equipment/ Custom Oper
HP Self-Prop./ Implement
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
1
2
3
4
5
6
7
May
May
May
Jun
Jun
Jun
Jul
2.0
1.0
1.0
1.0
1.0
5.0
3.0
Disk
Disk Ends
Make Borders
Apply Fert/Ground
Plant
Irrigate
Irrigate/Run Fertilizer
150 Offset Disk, 16.5'
100 Offset Disk, 13.5'
70 Border Disk, 6' Disk
70 Fertilizer Broadcaster,
100 Grain Drill, 12'
4.00
80.00
8.00
25.00
3.75
4.00
4.00
8
9
10
11
12
Jul
Jul
Jul
Jul
Oct
4.0
4.0
4.0
4.0
1.0
Swathing
Crimping
Baling
Roadsiding
Disk Residue
Pickup use 30 Mi/Ac
Windrower, 14.0', HS, SC
100 Hay Crimper
70 Baler, 3 wire w/motor
Bale Wagon, SP PRC
100 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
5.00
5.00
7.00 Baling Twine (6500')
14.00
4.00
1.00
11-48-00, Dry
Sudan Grass Sd
Water, District
Water, District
32-00-00, URAN 32,
150.00
30.00
6.00
6.00
20.00
Lb 330.00 Tn
Lb 50.00 CW
AI
0.00 AF
AI
0.00 AF
Ga 173.00 Tn
0.47 TF
6.57 TF
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Irrigators
Harvest
Tractor
Tractor
Harvest
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 / 177