Table 17A. Income and Cash Operating Summary; Carrots, 1998
COUNTY: Maricopa
CROP:
Carrots
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
915.0 Ct / Acre
Item
INCOME ⇒
Carrots
Page 80
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Unit
Quantity
Crtn
915.00
Price/
Unit
$3.33
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Budgeted
/Acre
$3,046.95
Total
/Acre
Your Farm
Budget
$3,046.95
____________
133.92
____________
____________
____________
____________
232.30
____________
____________
____________
____________
51.92
____________
____________
____________
45.75
____________
49.53
____________
____________
____________
46.93
68.46
18.52
Chemicals and Custom Applications
Fertilizer
Herbicide
Other Chemicals
68.53
66.32
97.46
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
21.26
30.66
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:
12/10/98
46.53
3.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------513.42
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.24
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.08
0.12
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
0.24
____________
____________
0.20
____________
____________
____________
1079.70
919.23
-------------1999.38
____________
____________
12.74
31.47
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$2,557.00
$489.95
____________
===================
____________
____________
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 / 16
Table 17B. Allocations of Ownership Costs; Carrots, 1998
COUNTY:Maricopa
CROP:
Carrots
AREA:
Salt River Project
Page 81
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
915.0 Ct / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
$3.33 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,046.95
$2,557.00
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,046.95
$2,557.00
$489.95
5.42
127.85
76.71
-------------209.98
$489.95
5.42
127.85
76.71
-------------209.98
2,766.98
2,766.98
$279.97
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$279.97
29.93
13.33
-------------43.27
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$279.97
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
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$262.98
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------226.97
204.56
-------------493.37
=============
=============
TOTAL COST
$2,783.97
$3,050.37
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$262.98
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
$236.70
$2.79
$0.25
$3.04
$201.14
($3.42)
$2.79
$0.54
$3.33
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 16
Table 17C. Variable Operating Costs; Carrots, 1998
COUNTY:Maricopa
CROP:
Carrots
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Jul
Jul
Jul
Jul
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Aug
Oct
Nov
Nov
Nov
Dec
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
915.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Plow
Disk
Laser Level
Soil Fertility
Apply Fert/Ground
List/Inject
Plant
Set Sprinklers
Irrigate/Sprinkler
Remove Sprinklers
Apply Herbicide/Ground
Buck Rows
Irrigate
Disk Ends
Cultivate
Apply Fert/Ground
Prepare Ends
Harvest 915 Ct
Haul, Custom 915 Ct
Disk Residue 915 Ct
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Page 82
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.450
0.450
0.225
0.450
0.500
0.500
0.250
0.500
7.11
6.51
3.43
5.55
4.87
4.87
2.44
4.87
0.112
0.225
0.450
0.158
0.125
0.250
1.000
0.350
0.091
0.350
0.100
0.050
0.800
0.050
0.250
0.286
0.025
1.13
3.51
3.39
0.90
1.22
2.44
9.75
3.41
0.89
3.41
0.97
0.49
7.80
0.49
2.44
2.79
0.24
3.00
0.158
0.090
0.045
0.045
0.225
0.257
0.023
0.90
0.77
0.34
0.41
1.90
3.47
0.21
38.18
97.46
46.53
66.32
5.72
15.18
915.00
164.70
0.150
1.667
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
0.167
2.29
12.74
919.23
1.63
Tot. Cash
Expense
Times
11.98
11.38
5.87
10.42
3.00
40.52
103.40
59.66
4.31
0.89
4.31
68.06
0.83
13.52
0.90
4.34
21.43
0.45
1834.23
164.70
3.91
0.5
1.0
3.0
0.5
1.0
1.0
1.0
1.0
1.0
3.0
1.0
1.0
4.0
8.0
3.0
4.0
2.0
1.0
1.0
1.0
1.0
5.99
11.38
17.60
5.21
3.00
40.52
103.40
59.66
4.31
2.66
4.31
68.06
3.30
108.14
2.70
17.37
42.87
0.45
1834.23
164.70
3.91
12.74
31.47
31.47
Class
L
L
L
L
G
G
L
L
G
G
G
G
G
G
G
G
G
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
70.91
128.11
1114.17
1243.81
2557.00
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
211.67
Growing (G)
301.74
Harvest (H)
1,999.38
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
44.21
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$2.50
$3.00
$3.33
$3.66
$4.16 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
686.3
823.5
915.0
1,006.5
-333.93
-291.06
-262.47
-233.89
8.85
120.28
194.57
268.86
237.37
394.51
499.26
604.02
465.89
668.73
803.96
939.18
808.67
1,080.07
1,261.00
1,441.93
1,755.23
675.35
478.92
371.01
277.29
2.98
2.85
2.78
2.73
$2,557.00
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 16
Table 17D. Resource and Cash Flow Requirements; Carrots, 1998
COUNTY:Maricopa
CROP:
Carrots
AREA:
Salt River Project
Month *
Number
Irrigations
JUL C
AUG C
5.0
SEP C
2.0
OCT C
2.0
NOV C
2.0
DEC C
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
11.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
915.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
27.0
12.0
12.0
12.0
Page 83
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.50
5.70
2.05
2.44
1.91
0.17
2.50
10.00
10.00
15.75
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
22.01
22.12
2.59
5.60
3.61
2.24
12.74
26.36
64.57
11.21
13.51
10.83
1.63
31.47
48.37
348.16
23.80
44.29
2044.30
3.87
12.74
31.47
1114.17
43.57
2557.00
100.00
209.44
46.53
3.00
15.18
15.18
919.23
1079.70
**
63.0
13.76
38.25
1.50
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
154.2
Total P
60.0
Total K
0.0
Total Labor
13.8
Total Water
63.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.45 Hr
Fertilizer Broadcaster,
0.11 Hr
Lister, 5 Bottom
0.22 Hr
Offset Disk, 16.5'
0.82 Hr
Saddle Tk Sprayer, 2 Tk 8
0.09 Hr
Tractor, 60 PTO HP
0.32 Hr
Tractor, 150 PTO HP,
1.50 Hr
MATERIALS REQUIREMENT ( per Acre)
16-20-00, Dry
300.00 Lb
Carrot Seed (Raw/Hybrid)
200.00 Th
Water, District
63.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
7.02 Hr
70.91
2.77
128.11
5.01
239.80
9.38
965.76
38.38
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
26.4 Gal
Unleaded Gas
5.0 Gal
All Direct Energy
4.3 M BTU
Cultivator, Sweep, 4 Rw
Fertilizer Injector, 4 Row
Moldboard Plow, 4-16 2
Pickup Truck, 1/2 Ton
Sprinkler Trailer
Tractor, 80 PTO HP
Tractor, 175 PTO HP,
32-00-00, URAN 32, Lqd
Dichloropropene
Other
0.90
0.74
0.45
1.67
0.32
1.78
0.22
Hr
Hr
Hr
Hr
Hr
Hr
Hr
30.00 Ga
9.00 Ga
1.90 Hr
Drag Scraper, 14'
Laser, Complete System
Offset Disk, 10.5'
Rowbuck, 10'
Subsoiler, Heavy Duty, 7
Tractor, 100 PTO HP
Boxes & Supplies
Linuron
Tractor
0.22
0.22
0.16
0.18
0.22
0.85
Hr
Hr
Hr
Hr
Hr
Hr
915.00 Ct
1.00 Ga
4.84 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 / 16
Table 17E. Schedule of Operations; Carrots, 1998
COUNTY:Maricopa
CROP:
Carrots
AREA:
Salt River Project
First
No.MonthTimes
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
915.0 Ct / Acre
Operation
Rip
Plow
Disk
Laser Level
Page 84
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
Jul
Jul
Jul
Jul
0.5
1.0
3.0
0.5
5
6
7
Aug
Aug
Aug
1.0 Soil Fertility
1.0 Apply Fert/Ground
1.0 List/Inject
8
Aug
1.0 Plant
175 Subsoiler, Heavy Duty, 7
150 Moldboard Plow, 4-16 2
150 Offset Disk, 16.5'
150 Drag Scraper, 14'
Laser, Complete System
CST Soil Analysis (Surface)
100 Fertilizer Broadcaster,
100 Lister, 5 Bottom
Fertilizer Injector, 4 Row
80 Bed Shaper, 4 Rw
9
Aug
1.0 Set Sprinklers
60 Sprinkler Trailer
10
11
Aug
Aug
3.0 Irrigate/Sprinkler
1.0 Remove Sprinklers
60 Sprinkler Trailer
12
13
14
15
16
17
18
19
20
21
Aug
Aug
Aug
Aug
Aug
Oct
Nov
Nov
Nov
Dec
1.0
4.0
8.0
3.0
4.0
2.0
1.0
1.0
1.0
1.0
Apply Herbicide/Ground80 Saddle Tk Sprayer, 2 Tk 8
Buck Rows
80 Rowbuck, 10'
Irrigate
Disk Ends
80 Offset Disk, 10.5'
Cultivate
80 Cultivator, Sweep, 4 Rw
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Prepare Ends
80 Offset Disk, 10.5'
Harvest
CST Harvest Carrots
Haul, Custom
CST Haul Carrots
Disk Residue
150 Offset Disk, 16.5'
Pickup use 50 Mi/Ac
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.00
2.00
4.00
2.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
3.00 Ac
8.00 16-20-00, Dry
4.00 Dichloropropene
300.00 Lb 240.67 Tn
9.00 Ga 10.24 Ga
Tractor
Tractor
2.00 Carrot Seed
200.00 Th
0.22 Th
11.00 Water, District
5.70
5.00 AI
0.00 AF
10.00 Linuron
20.00
1.25 Water, District
20.00
4.00
3.50 32-00-00, URAN 32,
40.00
Boxes & Supplies
1.00 Ga
62.71 Ga
6.00 AI
11.44 AF
Tractor
Other
Irrigators
Other
Irrigators
Irrigators
Other
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
5.70
6.00
0.60
15.00 Ga 173.00 Tn
915.00 Ct
0.95
Ct
1.00 Ct
0.18 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 / 16