Table 7A. Income and Cash Operating Summary; Fall Honeydews, 1998
COUNTY: Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
521.0 Ct / Acre
Item
INCOME ⇒
Melons
Page 30
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Unit
Quantity
Crtn
521.00
Price/
Unit
$6.72
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
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Budgeted
/Acre
$3,501.12
53.57
52.02
3.90
105.12
145.79
50.39
18.20
26.29
32.15
174.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Total
/Acre
Your Farm
Budget
$3,501.12
____________
109.49
____________
____________
____________
____________
301.30
____________
____________
____________
____________
44.49
____________
____________
____________
206.15
____________
____________
____________
-------------661.43
____________
CASH HARVEST AND POST HARVEST EXPENSES
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
937.80
743.79
-------------1681.59
7.64
8.43
____________
____________
=============
===================
$2,359.10
$1,142.02
____________
____________
____________
____________
____________
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 / 229
Table 7B. Allocations of Ownership Costs; Fall Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
Page 31
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
521.0 Ct / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
$6.72 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,501.12
$2,359.10
$1,142.02
5.14
117.95
70.77
-------------193.86
2,552.96
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,501.12
$2,359.10
5.14
117.95
70.77
-------------193.86
$948.16
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
2,552.96
6.99
TOTAL OWNERSHIP COST
-------------210.86
188.73
-------------458.30
=============
=============
TOTAL COST
$2,569.95
$2,817.40
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$931.17
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
$908.01
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$931.17
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
$948.16
27.98
12.16
-------------40.15
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$948.16
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
$1,142.02
$4.53
$0.40
$4.93
$872.45
$683.72
$4.53
$0.88
$5.41
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 229
Table 7C. Variable Operating Costs; Fall Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Jun
Jun
Jun
Jun
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Jul
Aug
Aug
Aug
Aug
Sep
Sep
Sep
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
521.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
List
Plant
Apply Herbicide/Ground
Apply Insect./Ground
Buck Rows
Irrigate
Cultivate
Plant Fertility
Irrigate/Run Fertilizer
Thinning
Apply Insecticide/Air
Hand Weeding
Apply Fert/Ground
Pollinate
Pick and Load 521 Ct
Haul, Custom 521 Ct
Disk Residue 521 Ct
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 32
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.225
0.150
0.450
0.450
0.250
0.167
0.500
0.500
2.86
2.44
6.51
5.55
2.44
1.63
4.87
4.87
0.180
0.225
0.360
0.225
0.180
0.045
0.200
0.250
0.800
0.250
0.200
0.050
0.667
0.250
1.43
2.02
5.06
1.20
0.92
0.19
1.95
2.44
7.80
2.44
1.95
0.49
6.50
2.44
3.00
0.225
1.50
34.90
32.15
50.39
24.44
6.00
0.667
6.50
30.35
75.00
4.23
75.00
0.257
0.286
2.93
0.200
1.94
7.64
56.45
2.79
39.87
15.00
807.55
130.25
0.180
1.000
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
743.79
1.95
Tot. Cash
Expense
Times
5.30
4.07
11.38
10.42
3.00
38.28
4.46
45.01
54.03
27.31
0.68
6.50
3.93
6.00
36.85
75.00
60.68
75.00
45.59
15.00
1551.34
130.25
3.89
0.5
2.0
1.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
5.0
7.0
9.0
1.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
2.65
8.14
11.38
5.21
3.00
38.28
4.46
45.01
54.03
27.31
3.41
45.52
35.40
6.00
36.85
75.00
121.35
75.00
45.59
15.00
1551.34
130.25
3.89
7.64
8.43
8.43
TOTAL CASH OPERATING EXPENSES (includes all times over):
52.66
108.96
1128.69
=============
1068.79
2359.10
Class
L
L
L
L
G
G
L
L
G
G
G
G
G
G
G
G
G
G
G
G
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
80.74
Growing (G)
580.70
Harvest (H)
1,681.59
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
16.07
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$5.04
$6.05
$6.72
$7.39
$8.40 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
390.8
468.9
521.0
573.1
29.65
171.29
265.71
360.14
423.53
643.94
790.88
937.82
686.11
959.04
1,140.99
1,322.95
948.70
1,274.14
1,491.11
1,708.07
1,342.57
1,746.79
2,016.27
2,285.76
374.39
240.58
194.29
162.94
131.18
4.96
4.67
4.53
4.41
$2,359.10
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 229
Table 7D. Resource and Cash Flow Requirements; Fall Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
Month *
Number
Irrigations
JUN C
JUL C
4.0
AUG C
4.0
SEP C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
8.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
521.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
20.0
20.0
Page 33
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.66
4.77
3.85
0.95
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
20.28
12.79
8.60
3.36
7.64
33.50
43.46
27.56
4.39
34.90
105.18
96.31
56.45
32.15
743.79
**
40.0
11.23
52.66
2.23
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
158.2
Total P
126.0
Total K
15.0
Total Labor
11.2
Total Water
40.0
108.96
4.62
292.84
12.41
775.94
32.89
3.00
81.00
94.23
942.03
8.43
91.73
274.58
226.70
1750.02
7.64
8.43
1128.69
47.84
2359.10
100.00
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
22.5 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
3.5 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.36 Hr
Drag Scraper, 14'
0.22 Hr
Laser, Complete System
0.22 Hr
Offset Disk, 13.5'
0.18 Hr
Planter, Drill Type, 4 Row
0.36 Hr
Tractor, 50 PTO HP,
0.63 Hr
Tractor, 150 PTO HP,
1.09 Hr
Cultivator, Sweep, 4 Rw
Fertilizer Broadcaster,
Lister, 5 Bottom
Offset Disk, 18'
Rowbuck, 10'
Tractor, 70 PTO HP,
V-Ripper, 5 Shnk
MATERIALS REQUIREMENT ( per Acre)
10-10-05, Lqd
30.00 Ga
Abamectin
10.00 Oz
Endosulfan
2.00 Pt
Water, Pump
40.00 AI
11-48-00, Dry
Bensulide
Honeydew Seeds
Waxed Cartons
LABOR REQUIREMENT ( per Acre)
Irrigators
5.34 Hr
Other
2.02
0.18
0.22
0.30
0.23
2.02
0.11
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Directed Spray Rig, 8
Fertilizer Injector, 4 Row
Moldboard Plow, 4-16 2
Pickup Truck, 1/2 Ton
Saddle Tk Sprayer, 2 Tk 8
Tractor, 100 PTO HP,
200.00
10.00
1.50
521.00
Lb
Pt
Th
Ct
32-00-00, URAN 32, Lqd
Bifenthrin
Imidacloprid
0.40 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.
Tractor
0.18
0.26
0.45
1.00
0.22
1.20
Hr
Hr
Hr
Hr
Hr
Hr
30.00 Ga
10.00 Oz
5.00 Oz
5.49 Hr
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 229
Table 7E. Schedule of Operations; Fall Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
First
No.Month Times
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
521.0 Ct / Acre
Operation
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
Jun
Jun
Jun
Jun
0.5
2.0
1.0
0.5
Rip
Disk
Plow
Laser Level
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
100 Fertilizer Broadcaster,
List
100 Lister, 5 Bottom
Plant
100 Planter, Drill Type, 4 Row
Bed Shaper, 4 Rw
Apply Herbicide/Ground 50 Saddle Tk Sprayer, 2 Tk 8
Apply Insect./Ground
50 Directed Spray Rig, 8 Row
Buck Rows
50 Rowbuck, 10'
Irrigate
Cultivate
70 Cultivator, Sweep, 4 Rw
Plant Fertility
CST Plant Tissue Anal.(Petiole)
Irrigate/Run Fertilizer
5
6
7
8
Jun
Jun
Jun
Jul
1.0
1.0
1.0
1.0
9
10
11
12
13
14
15
Jul
Jul
Jul
Jul
Jul
Jul
Jul
1.0
1.0
5.0
7.0
9.0
1.0
1.0
16
17
Jul
Aug
1.0 Thinning
2.0 Apply Insecticide/Air
CST Thinning
CST Air Spray, 3 Gal Mix
18
19
20
21
22
23
Aug
Aug
Aug
Sep
Sep
Sep
1.0
1.0
1.0
1.0
1.0
1.0
CST Hand Weeding
100 Fertilizer Injector, 4 Row
CST Bee Hive Rental
CST Cut & Load Melons
CST Haul Melons
100 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Hand Weeding
Apply Fert/Ground
Pollinate
Pick and Load
Haul, Custom
Disk Residue
Pickup use 30 Mi/Ac
Page 34
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
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
4.00
6.00
2.00
2.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
3.00 Ac
5.00 11-48-00, Dry
4.00
2.50 Honeydew Seeds
4.00 Bensulide
5.00 Imidacloprid
20.00
1.50 Water, Pump
4.00
1.50 Water, Pump
32-00-00, URAN 32,
Bifenthrin
Endosulfan
Abamectin
200.00 Lb 330.00 Tn
1.50 Th
20.27 Th
10.00 Pt 38.12 Ga
5.00 Oz 591.67 Ga
5.00 AI
0.00 AF
6.00 Ac
5.00 AI
0.00 AF
30.00 Ga 173.00 Tn
5.00 Oz 549.00 Ga
1.00 Pt 34.80 Ga
5.00 Oz 706.00 Ga
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Tractor
Irrigators
Tractor
Irrigators
75.00 Ac
4.23 Ac
75.00 Ac
3.50 10-10-05, Lqd
Waxed Cartons
5.00
1.00
30.00 Ga 251.33 Tn
521.00 Ct
1.35
Ct
15.00 Ac
1.55 Ct
0.25 Ct
Tractor
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 / 229