Table 18A. Income and Cash Operating Summary; Spring Cantaloupes, Early, 1998
COUNTY: Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
Item
INCOME ⇒
Melons
Page 85
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
Unit
Quantity
Crtn
381.00
Price/
Unit
$12.90
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
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$4,914.90
51.00
58.52
9.59
179.71
41.90
30.23
0.18
18.94
27.48
Irrigation Water(excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Other Materials
20.01
168.00
386.20
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Total
/Acre
Your Farm
Budget
$4,914.90
____________
119.10
____________
____________
____________
____________
252.02
____________
____________
____________
____________
____________
46.43
____________
____________
____________
25.00
____________
574.21
____________
____________
____________
____________
-------------1016.76
____________
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
685.80
282.04
-------------967.84
____________
____________
7.64
33.16
____________
____________
=============
$2,025.40
$2,889.50
____________
===================
____________
____________
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 / 225
Table 18B. Allocations of Ownership Costs; Spring Cantaloupes, Early, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
Page 86
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
381.0 Ct / Acre PREVIOUS CROP:
Safflower
Item
TOTAL INCOME at
$12.90 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,914.90
$2,025.40
$2,889.50
5.45
101.27
60.76
-------------167.48
2,192.88
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,914.90
$2,025.40
5.45
101.27
60.76
-------------167.48
$2,722.02
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
2,192.88
6.99
TOTAL OWNERSHIP COST
-------------184.47
162.03
-------------407.24
=============
=============
TOTAL COST
$2,209.87
$2,432.64
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$2,705.03
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
$2,679.85
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$2,705.03
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
$2,722.02
29.47
12.70
-------------42.16
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$2,722.02
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
$2,889.50
$5.32
$0.48
$5.80
$2,644.29
$2,482.26
$5.32
$1.07
$6.38
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 225
Table 18C. Variable Operating Costs; Spring Cantaloupes, Early, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
May
May
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
List
Plant
Apply Mulch
Buck Rows
Irrigate
Remove Mulch
Cultivate
Apply Fert/Ground
Apply Insecticide/Air
Apply Fungicide/Air
Hand Weeding
Pollinate
Cut Melons 381 Ct
Haul, Custom 381 Ct
Disk Residue 381 Ct
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 87
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.450
0.150
0.450
0.450
0.500
0.167
0.500
1.000
5.72
2.44
6.51
4.50
4.87
1.63
4.87
9.75
0.180
0.225
0.360
0.150
0.023
0.200
0.250
0.800
0.333
0.025
0.667
0.333
0.250
0.286
1.43
2.02
4.62
0.89
0.10
1.95
2.44
7.80
3.25
0.24
6.50
3.25
2.44
2.79
3.00
0.150
0.225
0.257
1.24
1.50
2.93
52.35
50.24
386.20
2.78
63.68
16.20
0.18
4.75
75.00
15.00
590.55
95.25
0.180
1.000
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
0.200
1.94
7.64
282.04
1.95
Tot. Cash
Expense
Times
10.60
4.07
11.38
14.25
3.00
55.73
4.46
62.66
390.34
0.34
9.28
4.49
3.93
69.40
20.95
0.18
75.00
15.00
872.59
95.25
3.89
0.5
3.0
1.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
9.0
1.0
7.0
2.0
2.0
1.0
2.0
1.0
1.0
1.0
1.0
5.30
12.21
11.38
7.12
3.00
55.73
4.46
62.66
390.34
0.34
83.52
4.49
27.53
138.80
41.90
0.18
150.00
15.00
872.59
95.25
3.89
7.64
33.16
33.16
TOTAL CASH OPERATING EXPENSES (includes all times over):
55.16
118.52
896.46
=============
955.76
2025.40
Class
L
L
L
L
G
G
L
L
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
107.02
Growing (G)
909.74
Harvest (H)
967.84
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
40.80
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$9.67
$11.61
$12.90
$14.19
$16.13 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
285.8
342.9
381.0
419.1
982.69 1,535.62
1,390.44 2,053.95
1,662.27 2,399.51
1,934.11 2,745.07
1,904.23
2,496.29
2,891.00
3,285.71
2,272.85
2,938.63
3,382.49
3,826.34
2,825.78
3,602.15
4,119.72
4,637.30
101.94
90.65
77.74
6.24
5.62
5.31
5.06
$2,025.40
Break-even Yield
148.02
116.44
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 225
Table 18D. Resource and Cash Flow Requirements; Spring Cantaloupes, Early, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
Month *
Number
Irrigations
FEB C
1.0
MAR C
2.0
APR C
3.0
MAY C
3.0
JUN C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
9.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
12.0
18.0
18.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
3.75
2.73
3.04
2.25
0.45
Page 88
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
10.00
15.00
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
32.21
5.65
4.33
1.46
3.87
7.64
62.68
22.75
19.25
8.94
4.39
82.58
63.68
80.06
16.20
406.21
3.00
33.16
586.68
92.08
283.39
531.17
491.28
7.64
33.16
141.02
141.02
169.75
348.55
342.00
896.46
44.26
2025.40
100.00
**
54.0
12.22
25.00
1.23
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
149.6
Total P
206.2
Total K
31.1
Total Labor
12.2
Total Water
54.0
118.52
5.83
242.52
11.97
688.25
33.98
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
23.5 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
3.6 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 6 Rw
0.36 Hr
Fertilizer Broadcaster,
0.18 Hr
Laser, Complete System
0.22 Hr
Mulch Layer, 1 Rw
0.15 Hr
Pickup Truck, 1/2 Ton
1.00 Hr
Saddle Tk Sprayer, 2 Tk 8
0.36 Hr
Tractor, 100 PTO HP,
1.46 Hr
V-Ripper, 5 Shnk
0.22 Hr
Cultivator, Sweep, 4 Rw
Fertilizer Injector, 4 Row
Lister, 5 Bottom
Offset Disk, 13.5'
Planter, Tool Bar 1 Row
Tractor, 50 PTO HP,
Tractor, 125 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
300.00 Lb
Cantaloupe Cartons
381.00 Ct
Fenvalerate
1.00 Pt
Water, District
54.00 AI
15-08-04, Lqd
Cantaloupe Sd
Plastic Mulch
LABOR REQUIREMENT ( per Acre)
Irrigators
6.00 Hr
55.16
2.72
Other
1.57
0.51
0.22
0.18
0.36
0.02
0.22
Hr
Hr
Hr
Hr
Hr
Hr
Hr
70.00 Ga
2.00 Lb
8.80 TF
0.98 Hr
Drag Scraper, 10'
Flat Trailer
Moldboard Plow, 4-16 2
Offset Disk, 18'
Rowbuck, 10'
Tractor, 70 PTO HP,
Tractor, 150 PTO HP,
0.22
0.15
0.45
0.45
0.02
1.87
1.13
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Bensulide
Endosulfan
Sulfur
6.00 Pt
3.00 Pt
0.25 Lb
Tractor
5.23 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 / 225
Table 18E. Schedule of Operations; Spring Cantaloupes, Early, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
First
No.Month Times
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
Operation
1
2
3
4
Feb
Feb
Feb
Feb
0.5
3.0
1.0
0.5
Rip
Disk
Plow
Laser Level
5
6
7
8
Feb
Feb
Feb
Feb
1.0
1.0
1.0
1.0
Soil Fertility
Apply Fert/Ground
List
Plant
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 5 Shnk
150 Offset Disk, 18'
150 Moldboard Plow, 4-16 2
125 Drag Scraper, 10'
Laser, Complete System
CST Soil Analysis (Surface)
100 Fertilizer Broadcaster,
100 Lister, 5 Bottom
100 Planter, Tool Bar 1 Row 80
Bed Shaper, 6 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
70 Mulch Layer, 1 Rw
9
Feb
1.0 Apply Mulch
10
11
12
Mar
Mar
Mar
1.0 Buck Rows
9.0 Irrigate
1.0 Remove Mulch
50 Rowbuck, 10'
13
14
15
Mar
Mar
Apr
7.0 Cultivate
2.0 Apply Fert/Ground
2.0 Apply Insecticide/Air
70 Cultivator, Sweep, 4 Rw
100 Fertilizer Injector, 4 Row
CST Air Spray, 5 Gal Mix
16
17
18
19
20
21
Apr
Apr
Apr
May
May
May
1.0
2.0
1.0
1.0
1.0
1.0
Apply Fungicide/Air
Hand Weeding
Pollinate
Cut Melons
Haul, Custom
Disk Residue
Pickup use 30 Mi/Ac
70 Flat Trailer
CST Hand Weeding
CST Bee Hive Rental
CST Cut & Load Melons
CST Haul Melons
100 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
Page 89
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
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
6.00
2.00
2.00
3.00 Ac
5.00 11-48-00, Dry
4.00
2.50 Cantaloupe Sd
Bensulide
300.00 Lb 330.00 Tn
2.00 Lb
6.00 Pt
9.46 Lb
38.12 Ga
6.00 Plastic Mulch
8.80 TF
41.50 TF
40.00
1.50 Water, District
6.00
6.00 AI
5.56 AF
4.00
3.50 15-08-04, Lqd
Fenvalerate
Endosulfan
Sulfur
Cantaloupe Cartons
5.00
1.00
35.00
0.50
1.50
0.25
Ga 310.00 Tn
Pt 140.69 Ga
Pt 34.80 Ga
Lb
0.69 Lb
381.00 Ct
0.70
Ct
Labor
Type
Tractor
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Tractor
Other
Tractor
Other
Tractor
Irrigators
Tractor
Other
Tractor
Tractor
4.75 Ac
75.00
15.00
1.55
0.25
Ac
Ac
Ct
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 / 225