Table 20A. Income and Cash Operating Summary; Beets, 1999
COUNTY: Maricopa
CROP:
Beets
AREA:
Salt River Project
FARM: Maricopa Vegetable
ACRES:
1.0
YIELD:
305.0 Ct / Acre
Item
INCOME ⇒
Beets
Page 95
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
Unit
Quantity
Crtn
305.00
Price/
Unit
$9.24
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Budgeted
/Acre
$2,818.20
Total
/Acre
Your Farm
Budget
$2,818.20
____________
139.01
____________
____________
____________
____________
112.24
____________
____________
____________
____________
50.72
____________
____________
____________
____________
15.83
____________
56.96
____________
____________
____________
55.16
81.42
2.44
Chemicals and Custom Applications
Fertilizer
Insecticide
Other Chemicals
83.45
17.85
10.94
Farm Machinery and Vehicles
Diesel Fuel
Gasoline
Repairs and Maintenance
20.44
0.91
29.37
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
8/9/99
53.96
3.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------374.77
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Other/Contract
97.48
____________
____________
1360.00
460.12
-------------1917.60
____________
____________
10.19
7.60
____________
____________
97.48
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
=============
$2,310.17
$508.03
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $10.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 12 / 12
Table 20B. Allocations of Ownership Costs; Beets, 1999
COUNTY:Maricopa
CROP:
Beets
AREA:
Salt River Project
Item
TOTAL INCOME at
Page 96
FARM: Maricopa Vegetable
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
305.0 Ct / Acre PREVIOUS CROP:
Watermelons
$9.24 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,818.20
$2,310.17
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
8/9/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,818.20
$508.03
5.88
115.51
69.31
-------------190.69
$2,310.17
$508.03
5.88
115.51
69.31
-------------190.69
2,500.86
2,500.86
$317.34
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$317.34
31.28
12.69
-------------43.97
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$317.34
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
160.00
160.00
10.00
10.00
--------------------------Total Land Costs
170.00
170.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$147.34
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$273.37
Land Cost / Rent or Lease
Water Assessment
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------360.69
184.81
-------------589.47
=============
=============
TOTAL COST
$2,670.86
$2,899.64
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$147.34
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
$7.57
$1.18
$8.76
$103.37
($81.44)
$7.57
$1.93
$9.51
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 12 / 12
Table 20C. Variable Operating Costs; Beets, 1999
COUNTY:Maricopa
CROP:
Beets
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Oct
Oct
Oct
Oct
Nov
Nov
Dec
Dec
Dec
Page 97
FARM: Maricopa Vegetable
ACRES:
1.0
YIELD:
305.0 Ct / Acre
---- Hours * ---Machine Labor
Plow
Disk
Landplane
Make Borders
Block Borders
Preirrigate
Knock Borders
List
Soil Fertility
Apply Fert/Ground
Shape Beds
Plant
Disk Ends
Buck Rows
Make Ditches
Irrigate
Apply Insect./Ground
Irrigate
Cultivate
Hand Weeding
Apply Fert/Ground
Apply Insect./Ground
Apply Insect./Ground
Irrigate
Harvest, Load & Haul 400
Process/Cooling 400 Ct
Disk Residue 400 Ct
Pickup Use40 Mi/Acre
Operating Interest at 10.0
0.450
0.225
0.225
0.090
0.090
0.180
0.225
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.500
0.250
0.250
0.100
0.100
0.800
0.200
0.250
6.35
3.22
2.82
0.48
0.67
0.333
0.250
0.500
0.025
0.025
0.025
3.571
0.200
2.381
0.500
20.00
0.500
0.200
0.200
0.800
2.45
1.69
1.52
0.14
0.09
0.12
0.95
1.97
4.87
2.44
2.44
0.97
0.97
7.80
1.95
2.44
3.00
0.300
0.225
0.225
0.022
0.022
0.022
0.180
0.450
0.100
0.450
0.180
0.180
0.94
2.92
2.05
5.03
0.94
0.94
3.25
2.44
4.87
0.24
0.24
0.24
34.81
1.95
23.21
4.87
58.16
4.87
1.95
1.95
7.80
25.29
16.89
5.95
3.33
53.96
5.95
9.17
1360.00
0.225
1.333
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
8/9/99
10.00
0.250
3.22
10.19
97.48
2.44
460.12
Tot. Cash
Expenses
Times
11.23
5.66
5.25
1.45
1.65
7.80
2.90
4.41
3.00
63.86
4.13
60.36
0.39
0.34
0.36
34.81
8.84
32.38
7.79
2.05
35.20
19.78
8.84
11.13
1360.00
557.60
5.66
1.0
3.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
11.23
16.98
10.51
1.45
1.65
7.80
2.90
4.41
3.00
63.86
4.13
60.36
0.39
0.34
0.36
34.81
8.84
32.38
15.59
2.05
35.20
19.78
8.84
22.26
1360.00
557.60
5.66
10.19
7.60
7.60
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
2310.17
Class
L
L
L
G
G
G
G
L
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
H
P
L
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
113.27
Growing (G)
261.50
Harvest (H)
1,360.00
Post Harvest (P)
557.60
Marketing (M)
0.00
Operating Overhead (O)
17.79
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$6.93
$8.32
$9.24
$10.16
$11.55 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
228.8
274.5
305.0
335.5
-245.66
-216.25
-196.64
-177.04
71.39
164.21
226.09
287.96
282.76
417.85
507.91
597.97
494.12
671.48
789.73
907.97
811.17
1,051.94
1,212.46
1,372.97
610.93
193.56
132.99
101.29
74.62
8.00
7.72
7.57
7.46
$2,310.17
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 12 / 12
Table 20D. Resource and Cash Flow Requirements; Beets, 1999
COUNTY:Maricopa
CROP:
Beets
AREA:
Salt River Project
Month *
Number
Irrigations
JUN C
JUL C
1.0
AUG C
SEP C
1.0
OCT C
1.0
NOV C
1.0
DEC C
1.0
Pickup Use40 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
5.0
FARM: Maricopa Vegetable
ACRES:
1.0
YIELD:
305.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
5.0
18.0
12.0
4.0
4.0
Page 98
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.45
1.75
0.58
4.15
24.28
1.00
11.05
9.17
3.33
3.33
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
8/9/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
16.77
8.96
4.14
1.88
14.81
0.94
3.22
10.19
14.14
17.06
5.68
40.42
41.73
9.75
107.72
7.60
30.90
29.02
67.99
96.26
113.83
19.97
1934.40
10.19
7.60
1370.60
59.33
2310.17
100.00
3.00
58.16
53.96
48.13
5.95
460.12
1360.00
**
43.0
44.26
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
160.5
Total P
184.0
Total K
0.0
Total Labor
44.3
Total Water
43.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.22 Hr
Crew Bus, 44 Passenger
0.10 Hr
Fertilizer Injector, 4 Row
0.45 Hr
Moldboard Plow, 4-16 2
0.45 Hr
Pickup Truck, 1/2 Ton
1.33 Hr
Saddle Tk Sprayer, 2 Tk 8
0.54 Hr
Tractor, 100 PTO HP,
0.99 Hr
MATERIALS REQUIREMENT ( per Acre)
18-46-00, Dry
400.00 Lb
Boxes & Supplies
458.00 Ct
Water, District
43.00 AI
LABOR REQUIREMENT ( per Acre)
Hand Weeders
20.00 Hr
Packer-Loader
10.00 Hr
15.83
0.69
60.92
2.64
236.50
10.24
112.24
4.86
514.08
22.25
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
25.3 Gal
Unleaded Gas
4.7 Gal
All Direct Energy
4.1 M BTU
Blade Scraper, 10'
Cultivator, Sweep, 4 Rw
Landplane 12'X 45'
Offset Disk, 13.5'
Planter, Planet Jr, 4 Row
Tractor, 50 PTO HP,
Tractor, 150 PTO HP,
32-00-00, URAN 32, Lqd
Chlorothalonil
Irrigators
Tractor
0.11
0.90
0.45
0.90
0.22
0.86
1.80
Hr
Hr
Hr
Hr
Hr
Hr
Hr
25.00 Ga
2.00 Pt
8.35 Hr
5.66 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of $10.00 per Acre is included as an ownership cost in Table B.
Border Disk, 6' Disk
Fert. Side Dress Unit,
Lister, 5 Bottom
Offset Disk, 8'
Rowbuck, 10'
Tractor, 70 PTO HP,
0.27
0.30
0.22
0.02
0.02
1.44
Hr
Hr
Hr
Hr
Hr
Hr
Beet Seed
PARATHION/METHYL,4E,5
9.00 Lb
4.50 Pt
Other
0.25 Hr
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 12 / 12
Table 20E. Schedule of Operations; Beets, 1999
COUNTY:Maricopa
CROP:
Beets
AREA:
Salt River Project
First
No.Month Times
FARM: Maricopa Vegetable
ACRES:
1.0
YIELD:
305.0 Ct / Acre
Operation
Page 99
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Oct
Oct
Oct
Oct
1.0
3.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
Plow
Disk
Landplane
Make Borders
Block Borders
Preirrigate
Knock Borders
List
Soil Fertility
Apply Fert/Ground
Shape Beds
Plant
Disk Ends
Buck Rows
Make Ditches
Irrigate
Apply Insect./Ground
Irrigate
Cultivate
Hand Weeding
Apply Fert/Ground
Apply Insect./Ground
150 Moldboard Plow, 4-16 2
150 Offset Disk, 13.5'
150 Landplane 12'X 45'
70 Border Disk, 6' Disk
100 Blade Scraper, 10'
23
24
25
26
27
Nov
Nov
Dec
Dec
Dec
1.0
2.0
1.0
1.0
1.0
Apply Insect./Ground
Irrigate
Harvest, Load & Haul
Process/Cooling
Disk Residue
Pickup use 40 Mi/Ac
50 Saddle Tk Sprayer, 2 Tk 8
70 Border Disk, 6' Disk
100 Lister, 5 Bottom
CST Soil Analysis (Surface)
50 Fert. Side Dress Unit, 4Row
100 Bed Shaper, 4 Rw
70 Planter, Planet Jr, 4 Row
70 Offset Disk, 8'
50 Rowbuck, 10'
70 Blade Scraper, 10'
50 Saddle Tk Sprayer, 2 Tk 8
70 Cultivator, Sweep, 4 Rw
Crew Bus, 44 Passenger
100 Fertilizer Injector, 4 Row
50 Saddle Tk Sprayer, 2 Tk 8
CST Harvest Beets
150 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
8/9/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.00
4.00
4.00
10.00
10.00
1.25 Water, District
5.00
4.00
5.00 AI
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
0.00 AF
3.00 Ac
3.00
4.00
4.00
40.00
40.00
40.00
0.28
5.00
0.42
2.00
0.05
2.00
5.00
18-46-00, Dry
Beet Seed
Water, District
Water, District
32-00-00, URAN 32,
Chlorothalonil
5.00
1.25 Water, District
0.10 Boxes & Supplies
4.00
0.75
400.00 Lb 275.00 Tn
9.00 Lb
5.67 Lb
18.00 AI
1.50 Pt
12.00 AI
0.00 AF
30.00 Ga
9.17 AF
25.00
1.50
2.00
1.50
4.00
Ga 173.00 Tn
Pt 30.00 Ga
Pt 41.37 Ga
Pt 30.00 Ga
AI 10.00 AF
458.00 Ct
0.95
Ct
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Irrigators
Tractor
Hand
Tractor
Tractor
3.40 Ct
Tractor
Irrigators
Packer-Loa
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 12 / 12