Table 5A. Income and Cash Operating Summary; Broccoli, 1998
COUNTY: Maricopa
CROP:
Broccoli
AREA:
Salt River Project
INCOME ⇒
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
448.0 Ct / Acre
Page 20
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Item
Unit
Quantity
Broccoli
Crtn
448.00
Price/
Unit
$6.67
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$2,988.16
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
7/16/99
Total
/Acre
Your Farm
Budget
$2,988.16
____________
168.17
____________
____________
____________
____________
243.29
____________
____________
____________
____________
85.69
____________
____________
____________
15.00
____________
484.97
____________
____________
____________
93.43
68.24
6.50
128.54
111.45
3.30
35.03
50.66
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
256.97
228.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------997.12
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
19.50
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
5.46
11.26
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
19.50
____________
____________
16.71
____________
____________
____________
1321.60
379.01
-------------1736.82
____________
____________
15.29
10.80
____________
____________
=============
$2,760.02
$228.14
____________
===================
____________
____________
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 11 / 14
Table 5B. Allocations of Ownership Costs; Broccoli, 1998
COUNTY:Maricopa
CROP:
Broccoli
AREA:
Salt River Project
Item
TOTAL INCOME at
Page 21
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
448.0 Ct / Acre PREVIOUS CROP:
Wheat, Winter
$6.67 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,988.16
$2,760.02
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
7/16/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,988.16
$228.14
9.38
138.00
82.80
-------------230.18
$2,760.02
9.38
138.00
82.80
-------------230.18
2,990.20
2,990.20
($2.04)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($2.04)
55.08
19.89
-------------74.97
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($2.04)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($619.00 X 16.0% X 0.141)
Opportunity Interest on Land (100% X 6.0 X $619.00)
Water Assessment
6.99
Management Services (8% of Total Operation Expenses)
-------------247.17
220.80
-------------561.51
=============
=============
TOTAL COST
$3,007.19
$3,321.54
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($19.03)
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
($77.01)
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($19.03)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
TOTAL OWNERSHIP COST
$228.14
$6.16
$0.55
$6.71
($112.57)
($333.38)
$6.16
$1.25
$7.41
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 14
Table 5C. Variable Operating Costs; Broccoli, 1998
COUNTY:Maricopa
CROP:
Broccoli
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Jul
Jul
Jul
Jul
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
Nov
Nov
Nov
Nov
Nov
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
448.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Plow
Disk
Laser Level
Apply Herbicide/Ground
List
Plant
Apply Insect./Ground
Buck Rows
Irrigate
Disk Ends
Thinning
Cultivate
Soil Fertility
Apply Fert/Ground
Apply Insect./Ground
Hand Weeding
Apply Fert/Ground
Apply Insect./Ground
Harvest 448 Ct
Field Transport 448 Ct
Haul, Custom 448 Ct
Disk Residue 448 Ct
Pickup Use60 Mi/Acre
Operating Interest at 10.0
0.225
0.450
0.225
0.450
0.225
0.225
0.600
0.150
0.045
Page 22
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
7/16/99
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
2.78
6.35
3.35
5.40
2.20
2.44
8.15
1.35
0.33
0.045
0.250
0.500
0.250
0.500
0.250
0.250
1.334
0.167
0.050
1.000
0.050
0.40
2.44
4.87
2.44
4.87
2.44
2.44
13.00
1.63
0.49
9.75
0.49
0.563
0.625
4.33
6.09
0.450
0.225
0.500
0.250
5.07
1.82
4.87
2.44
0.450
0.225
0.500
0.250
3.39
1.82
4.87
2.44
1.800
2.000
16.71
19.50
0.225
2.000
0.250
3.35
15.29
2.44
3.30
256.97
78.22
2.14
75.00
3.00
36.35
9.73
75.00
1232.00
27.92
13.79
379.01
89.60
Tot. Cash
Expenses
Times
5.22
11.23
5.79
10.27
7.94
4.87
278.13
81.19
0.82
11.89
0.89
75.00
10.42
3.00
46.30
13.98
75.00
36.18
18.05
1611.01
36.21
89.60
5.79
0.5
1.0
3.0
0.5
1.0
1.0
1.0
1.0
5.0
7.0
5.0
1.0
5.0
1.0
2.0
2.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
2.61
11.23
17.37
5.13
7.94
4.87
278.13
81.19
4.08
83.24
4.46
75.00
52.11
3.00
92.59
27.97
150.00
72.36
18.05
1611.01
36.21
89.60
5.79
15.29
10.80
10.80
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
2760.02
Class
L
L
L
L
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
H
H
H
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
325.13
Growing (G)
671.99
Harvest (H)
1,736.82
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
26.09
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$5.00
$6.00
$6.67
$7.34
$8.34 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
336.0
403.2
448.0
492.8
-644.12
-568.48
-518.05
-467.62
-307.96
-165.08
-69.82
25.43
-83.84
103.86
228.99
354.13
140.27
372.79
527.81
682.82
476.44
776.19
976.03
1,175.87
908.21
480.84
366.02
295.46
229.19
6.92
6.41
6.16
5.95
$2,760.02
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 14
Table 5D. Resource and Cash Flow Requirements; Broccoli, 1998
COUNTY:Maricopa
CROP:
Broccoli
AREA:
Salt River Project
Month *
Number
Irrigations
JUL C
AUG C
SEP C
3.0
OCT C
3.0
NOV C
1.0
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
7.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
448.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
18.0
18.0
6.0
Page 23
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.38
0.75
6.80
6.82
3.50
10.00
5.00
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
7/16/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
17.15
7.99
27.25
28.12
21.89
15.29
13.40
7.31
66.30
66.53
34.12
3.30
124.29
101.91
13.79
256.97
379.01
10.80
30.55
18.60
627.82
281.57
1775.40
15.29
10.80
1560.40
56.54
2760.02
100.00
153.00
75.00
1321.60
**
42.0
19.25
15.00
0.54
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
198.9
Total P
230.0
Total K
0.0
Total Labor
19.3
Total Water
42.0
117.69
4.26
187.67
6.80
243.29
8.81
635.98
23.04
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
50.1 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
7.7 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.60 Hr
Directed Spray Rig, 16
0.15 Hr
Fertilizer Broadcaster,
1.13 Hr
Moldboard Plow, 4-16 2
0.45 Hr
Pickup Truck, 1/2 Ton
2.00 Hr
Tractor, 70 PTO HP
1.80 Hr
Tractor, 150 PTO HP,
1.69 Hr
Cultivator, Sweep, 3 Rw
Drag Scraper, 14'
Laser, Complete System
Offset Disk, 10.5'
Planter, Stanhay, 2 Row
Tractor, 80 PTO HP
V-Ripper, 5 Shnk
2.81
0.22
0.22
0.23
0.60
5.89
0.11
MATERIALS REQUIREMENT ( per Acre)
18-46-00, Dry
500.00 Lb
Broccoli Seed (Hybrid)
90.00 Th
Methomyl
4.50 Pt
33-00-00, Amm. Nitrate,
BT
Trifluralin
330.00 Lb
4.00 Lb
1.00 Pt
LABOR REQUIREMENT ( per Acre)
Irrigators
7.00 Hr
Other
Hr
Hr
Hr
Hr
Hr
Hr
Hr
0.67 Hr
Directed Spray Rig, 8
Fert. Side Dress Unit,
Lister, 5 Bottom
Offset Disk, 16.5'
Rowbuck, 10'
Tractor, 100 PTO HP
Vegetable Trailer Flat Bed
Broccoli Boxes
Imidacloprid
Water, District
Tractor
0.67
0.90
0.22
0.90
0.23
1.05
1.80
Hr
Hr
Hr
Hr
Hr
Hr
Hr
448.00 Ct
16.00 Oz
42.00 AI
11.58 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.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 14
Table 5E. Schedule of Operations; Broccoli, 1998
COUNTY:Maricopa
CROP:
Broccoli
AREA:
Salt River Project
First
No.Month Times
1
2
3
4
Jul
Jul
Jul
Jul
0.5
1.0
3.0
0.5
5
6
7
Aug
Aug
Sep
1.0
1.0
1.0
8
9
10
11
12
13
14
15
16
17
18
19
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
Nov
1.0
5.0
7.0
5.0
1.0
5.0
1.0
2.0
2.0
2.0
2.0
1.0
20
21
22
23
Nov
Nov
Nov
Nov
1.0
1.0
1.0
1.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
448.0 Ct / Acre
Operation
Page 24
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
Rip
Plow
Disk
Laser Level
150 V-Ripper, 5 Shnk
150 Moldboard Plow, 4-16 2
150 Offset Disk, 16.5'
150 Drag Scraper, 14'
Laser, Complete System
Apply Herbicide/Ground 100 Fertilizer Broadcaster,
List
100 Lister, 5 Bottom
Plant
100 Planter, Stanhay, 2 Row
Bed Shaper, 4 Rw
Apply Insect./Ground
80 Directed Spray Rig, 16 Row
Buck Rows
80 Rowbuck, 10'
Irrigate
Disk Ends
80 Offset Disk, 10.5'
Thinning
CST Thinning
Cultivate
80 Cultivator, Sweep, 3 Rw
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
80 Fert. Side Dress Unit, 4Row
Apply Insect./Ground
80 Directed Spray Rig, 8 Row
Hand Weeding
CST Hand Weeding
Apply Fert/Ground
80 Fertilizer Broadcaster,
Apply Insect./Ground
80 Directed Spray Rig, 8 Row
Harvest
Field Transport
Haul, Custom
Disk Residue
Pickup use 60 Mi/Ac
CST Cut/Pack/Load Broccoli
70 Vegetable Trailer Flat Bed
CST Haul Broccoli
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
7/16/99
---------- Material Use and Cost ---------Name
Appl. Rate $ / Unit
Service Cost
$ / Unit
4.00
2.00
4.00
2.00
4.00 Trifluralin
4.00
1.50 Broccoli Seed (Hybrid)
6.00 Imidacloprid
20.00
1.00 Water, District
20.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
1.00 Pt
24.95 Ga
90.00 Th
2.70 Th
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Irrigators
Tractor
16.00 Oz 591.67 Ga
6.00 AI
4.29 AF
75.00 Ac
1.60
2.00 18-46-00, Dry
4.00 Methomyl
Tractor
250.00 Lb 275.00 Tn
1.50 Pt 49.05 Ga
3.00 Ac
Tractor
Tractor
75.00 Ac
2.00 33-00-00, Amm. Nitrate, 165.00 Lb 320.00 Tn
4.00 Methomyl
1.50 Pt 49.05 Ga
BT
4.00 Lb
0.96 Lb
Broccoli Boxes
448.00 Ct
0.80 Ct
0.50
4.00
0.50
Tractor
Tractor
2.75 Ct
Tractor
0.20 Ct
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 11 / 14