Table 11A. Income and Cash Operating Summary; Dry Onions, 1998
COUNTY: Maricopa
CROP:
Onions, Dry
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
957.0 Sk / Acre
Item
INCOME ⇒
Onions
Page 50
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
Unit
Quantity
Sack
957.00
Price/
Unit
$5.32
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
$5,091.24
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
7/16/99
Total
/Acre
Your Farm
Budget
$5,091.24
____________
118.45
____________
____________
____________
____________
191.45
____________
____________
____________
____________
52.44
____________
____________
____________
17.50
____________
944.17
____________
____________
____________
50.21
58.49
9.75
108.92
8.20
74.33
19.76
32.69
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
941.17
3.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------1324.03
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.49
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.18
0.29
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
0.49
____________
____________
0.47
____________
____________
____________
3148.53
890.58
-------------4040.08
15.29
66.49
____________
____________
=============
===================
$5,445.88
($354.64)
____________
____________
____________
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $20.00 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 / 31
Table 11B. Allocations of Ownership Costs; Dry Onions, 1998
COUNTY:Maricopa
CROP:
Onions, Dry
AREA:
Salt River Project
Item
TOTAL INCOME at
Page 51
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
957.0 Sk / Acre PREVIOUS CROP:
Sorghum Silage
$5.32 / Sk
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,091.24
$5,445.88
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
7/16/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,091.24
($354.64)
6.77
272.29
163.38
-------------442.44
$5,445.88
6.77
272.29
163.38
-------------442.44
5,888.32
5,888.32
($797.08)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($797.08)
36.71
17.89
-------------54.60
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($797.08)
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
13.98
Management Services (8% of Total Operation Expenses)
-------------476.42
435.67
-------------1,003.84
=============
=============
TOTAL COST
$5,922.31
$6,449.72
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($831.07)
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
($851.69)
13.98
37.14
20.00
-------------71.12
20.00
-------------Total Land Costs
33.98
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($831.07)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
TOTAL OWNERSHIP COST
($354.64)
$5.69
$0.50
$6.19
($922.81)
($1,358.48)
$5.69
$1.05
$6.74
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 31
Table 11C. Variable Operating Costs; Dry Onions, 1998
COUNTY:Maricopa
CROP:
Onions, Dry
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Jul
Jul
Aug
Aug
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Nov
Feb
Mar
Apr
May
May
May
Jun
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
957.0 Sk / Acre
---- Hours * ---Machine Labor
Rip
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
List
Plant
Apply Herbicide/Ground
Buck Rows
Irrigate
Disk Ends
Apply Herbicide/Ground
Cultivate
Apply Fert/Ground
Apply Insecticide/Air
Prepare Ends
Harvest 957 Sk
Field Grade 957 Sk
Haul, Custom 957 Sk
Disk Residue 957 Sk
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Page 52
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.450
0.150
0.450
0.450
0.500
0.167
0.500
0.500
5.57
2.39
6.35
5.40
4.87
1.63
4.87
4.87
0.180
0.225
0.900
0.225
0.045
0.200
0.250
2.000
0.250
0.050
0.400
0.050
0.250
0.250
0.333
1.03
1.97
13.02
1.13
0.19
1.95
2.44
19.50
2.44
0.49
3.90
0.49
2.44
2.44
3.25
3.00
0.045
0.225
0.225
0.300
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
7/16/99
0.26
1.13
1.46
3.35
48.22
941.17
65.35
1.17
8.98
30.35
3.97
4.23
0.045
0.050
0.47
0.49
0.150
2.000
0.167
2.24
15.29
1.63
2076.69
957.00
114.84
506.01
384.57
Tot. Cash
Expenses
Times
10.44
4.02
11.23
10.27
3.00
51.21
4.41
973.69
68.92
0.68
5.07
0.75
12.54
3.90
36.95
8.20
0.96
2582.70
1341.57
114.84
3.86
0.5
4.0
1.0
0.5
1.0
1.0
1.0
1.0
1.0
2.0
15.0
2.0
1.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
5.22
16.07
11.23
5.13
3.00
51.21
4.41
973.69
68.92
1.35
75.99
1.50
12.54
7.79
73.90
8.20
0.96
2582.70
1341.57
114.84
3.86
15.29
66.49
66.49
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
5445.88
Class
L
L
L
L
G
G
L
L
G
G
G
G
G
G
G
G
H
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 $20.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
1,019.62
Growing (G)
304.41
Harvest (H)
4,040.08
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
81.78
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$3.99
$4.79
$5.32
$5.85
$6.65 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
717.8 -1,571.64
861.3 -1,604.89
957.0 -1,627.05
1,052.7 -1,649.22
-998.88
-917.57
-863.37
-809.16
-617.03
-459.36
-354.24
-249.13
-235.19
-1.15
154.88
310.91
337.57
686.17
918.57
1,150.97
-6,068.13 2,481.32
1,279.51
862.00
578.74
6.18
5.85
5.69
5.56
$5,445.88
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 31
Table 11D. Resource and Cash Flow Requirements; Dry Onions, 1998
COUNTY:Maricopa
CROP:
Onions, Dry
AREA:
Salt River Project
Month *
Number
Irrigations
Water
Applied
(inches)
JUL P
AUG P
OCT P
3.0
NOV P
3.0
DEC P
2.0
JAN C
2.0
FEB C
2.0
MAR C
2.0
APR C
1.0
MAY C
JUN C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
15.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
957.0 Sk / Acre
Total
Labor (Hrs)
9.0
9.0
6.0
6.0
6.0
6.0
3.0
Page 53
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.58
0.75
4.42
1.67
0.80
1.05
1.18
1.13
0.45
5.00
7.50
5.00
0.17
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
7/16/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
7.57
9.05
21.12
4.04
5.69
7.31
43.06
16.25
7.80
10.24
11.53
11.05
4.39
1.46
3.62
3.35
0.47
2.24
15.29
122.56
941.17
30.35
34.32
66.49
3222.25
59.17
5445.88
100.00
3.00
4.23
890.58
1.63
13.26
16.36
1135.91
27.79
12.80
11.70
45.50
52.95
4.86
4039.11
3.86
15.29
66.49
3148.53
**
45.0
12.20
17.50
0.32
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
252.4
Total P
212.0
Total K
0.0
Total Labor
12.2
Total Water
45.0
68.21
1.25
118.94
2.18
187.22
3.44
1831.76
33.64
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
24.7 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
4.2 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.90 Hr
Drag Scraper, 14'
0.22 Hr
Laser, Complete System
0.22 Hr
Offset Disk, 10.5'
0.09 Hr
Offset Disk, 18'
0.60 Hr
Rowbuck, 10'
0.09 Hr
Tractor, 100 PTO HP,
1.77 Hr
Cultivator, Sweep, 4 Rw
Fertilizer Broadcaster,
Lister, 5 Bottom
Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Tractor, 50 PTO HP,
Tractor, 150 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
10-53-00, Dry
400.00 Lb
Burlap Sacks
957.00 Sk
Onion Seed (Pelletized)
1000.00 Th
32-00-00, URAN 32, Lqd
DCPA
PARATHION/METHYL,4E,5
LABOR REQUIREMENT ( per Acre)
Irrigators
6.00 Hr
Other
0.45
0.18
0.22
0.05
2.00
0.63
1.65
Hr
Hr
Hr
Hr
Hr
Hr
Hr
60.00 Ga
10.00 Lb
1.00 Pt
1.00 Hr
Directed Spray Rig, 8
Fertilizer Injector, 4 Row
Moldboard Plow, 4-16 2
Offset Disk, 16.5'
Planter/Gramor, 4 Bd,8
Tractor, 70 PTO HP,
V-Ripper, 5 Shnk
Bromoxynil
Onion Bags 50# Mesh
Water, District
Tractor
0.45
0.60
0.45
0.15
0.90
0.63
0.22
Hr
Hr
Hr
Hr
Hr
Hr
Hr
1.00 Pt
957.00 Sk
45.00 AI
5.20 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of $20.00 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 / 31
Table 11E. Schedule of Operations; Dry Onions, 1998
COUNTY:Maricopa
CROP:
Onions, Dry
AREA:
Salt River Project
First
No.Month Times
1
2
3
4
Jul
Jul
Aug
Aug
0.5
4.0
1.0
0.5
5
6
7
8
Oct
Oct
Oct
Oct
1.0
1.0
1.0
1.0
9
10
11
12
13
14
15
16
17
18
19
20
21
Oct
Oct
Oct
Oct
Oct
Nov
Feb
Mar
Apr
May
May
May
Jun
1.0
2.0
15.0
2.0
1.0
2.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
957.0 Sk / Acre
Operation
Rip
Disk
Plow
Laser Level
Page 54
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 5 Shnk
150 Offset Disk, 18'
150 Moldboard Plow, 4-16 2
150 Drag Scraper, 14'
Laser, Complete System
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
70 Fertilizer Broadcaster,
List
100 Lister, 5 Bottom
Plant
100 Planter/Gramor, 4 Bd,8
Bed Shaper, 4 Rw
Apply Herbicide/Ground 50 Directed Spray Rig, 8 Row
Buck Rows
50 Rowbuck, 10'
Irrigate
Disk Ends
50 Offset Disk, 10.5'
Apply Herbicide/Ground 50 Directed Spray Rig, 8 Row
Cultivate
70 Cultivator, Sweep, 4 Rw
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Apply Insecticide/Air
CST Air Spray, 3 Gal Mix
Prepare Ends
100 Offset Disk, 13.5'
Harvest
CST Cut/Top/Field Sack Dry
Field Grade
CST Grade/Size/Pack Onions
Haul, Custom
CST Field Haul Dry Onions
Disk Residue
150 Offset Disk, 16.5'
Pickup use 60 Mi/Ac
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
7/16/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.00
6.00
2.00
2.00
Tractor
Tractor
Tractor
Tractor
5.00 10-53-00, Dry
400.00 Lb 228.00 Tn
4.00
1.00 Onion Seed (Pelletized)1000.00 Th
0.89 Th
4.00
20.00
2.50
20.00
4.00
4.00
3.00
Labor
Type
DCPA
10.00 Lb
6.18 Lb
Water, District
3.00 AI
4.67 AF
Bromoxynil
1.00 Pt
67.93 Ga
32-00-00, URAN 32,
30.00 Ga 173.00 Tn
1.00 Pt 30.00 Ga
3.00 Ac
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
4.23 Ac
20.00
Tractor
Burlap Sacks
Onion Bags 50# Mesh
6.00
0.50
957.00 Sk
957.00 Sk
0.50 Sk
0.38 Sk
2.17 Sk
1.00 Sk
0.12 Sk
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 / 31