Table 16A. Income and Cash Operating Summary; Spring Cantaloupe, Late, 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 75
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
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$4,914.90
47.75
58.52
6.34
179.71
41.90
4.93
18.11
26.68
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
20.01
168.00
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
____________
112.60
____________
____________
____________
____________
226.54
____________
____________
____________
____________
44.79
____________
____________
____________
25.00
____________
188.01
____________
____________
____________
-------------596.94
____________
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
18.86
____________
____________
=============
===================
$1,591.27
$3,323.63
____________
____________
____________
____________
____________
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 / 230
Table 16B. Allocations of Ownership Costs; Spring Cantaloupe, Late, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
Page 76
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
$1,591.27
$3,323.63
5.22
79.56
47.74
-------------132.52
1,723.79
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,914.90
$1,591.27
5.22
79.56
47.74
-------------132.52
$3,191.11
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
1,723.79
6.99
TOTAL OWNERSHIP COST
-------------149.51
127.30
-------------335.89
=============
=============
TOTAL COST
$1,740.78
$1,927.17
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$3,174.12
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
$3,150.60
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$3,174.12
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
$3,191.11
28.51
12.00
-------------40.51
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$3,191.11
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
$3,323.63
$4.18
$0.39
$4.57
$3,115.04
$2,987.73
$4.18
$0.88
$5.06
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 230
Table 16C. Variable Operating Costs; Spring Cantaloupe, Late, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
May
May
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
List
Plant
Buck Rows
Irrigate
Cultivate
Apply Fert/Ground
Apply Insecticide/Air
Apply Fungicide/Air
Hand Weeding
Pollinate
Harvest 381 Ct
Haul, Custom 381 Ct
Disk Residue 381 Ct
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 77
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
---- Operating Costs ($/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
0.023
0.200
0.250
0.800
0.025
0.667
0.250
0.286
1.43
2.02
5.06
0.10
1.95
2.44
7.80
0.24
6.50
2.44
2.79
3.00
0.225
0.257
1.50
2.93
52.35
20.01
2.78
4.75
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
63.68
16.20
0.18
282.04
1.95
Tot. Cash
Expense
Times
10.60
4.07
11.38
14.25
3.00
55.73
4.46
32.87
0.34
9.28
3.93
69.40
20.95
4.93
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
9.0
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
32.87
0.34
83.52
27.53
138.80
41.90
4.93
150.00
15.00
872.59
95.25
3.89
7.64
18.86
18.86
TOTAL CASH OPERATING EXPENSES (includes all times over):
52.96
112.07
886.91
=============
539.33
1591.27
Class
L
L
L
L
G
G
L
L
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)
77.23
Growing (G)
519.70
Harvest (H)
967.84
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
26.50
=============
Total (T)
$1,591.27
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$9.67
$11.61
$12.90
$14.19
$16.13 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
285.8
342.9
381.0
419.1
476.3
Break-even Yield
1,416.87
1,824.62
2,096.45
2,368.29
2,776.04
1,969.79
2,488.13
2,833.69
3,179.25
3,697.58
2,338.41
2,930.47
3,325.18
3,719.88
4,311.94
2,707.03
3,372.81
3,816.67
4,260.52
4,926.31
3,259.96
4,036.32
4,553.90
5,071.48
5,847.85
87.16
68.57
60.03
53.38
45.78
4.72
4.35
4.17
4.02
3.85
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 230
Table 16D. Resource and Cash Flow Requirements; Spring Cantaloupe, Late, 1998
COUNTY:Maricopa
CROP:
Cantaloupes
AREA:
Salt River Project
Month *
Number
Irrigations
FEB C
1.0
MAR C
2.0
APR C
3.0
MAY C
3.0
JUN C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
9.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
381.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
12.0
18.0
18.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.62
3.19
3.04
2.25
0.45
Page 78
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
10.00
15.00
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
23.16
12.50
4.33
1.46
3.87
7.64
48.42
38.59
11.73
8.94
4.39
52.35
63.68
80.06
16.20
20.01
141.02
141.02
3.00
17.16
126.93
134.78
280.62
531.17
491.28
7.64
17.16
886.91
55.74
1591.27
100.00
174.50
348.55
342.00
**
54.0
11.55
25.00
1.57
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
149.6
Total P
206.2
Total K
31.1
Total Labor
11.6
Total Water
54.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.36 Hr
Fertilizer Broadcaster,
0.18 Hr
Lister, 5 Bottom
0.22 Hr
Offset Disk, 18'
0.45 Hr
Rowbuck, 10'
0.02 Hr
Tractor, 100 PTO HP,
1.46 Hr
V-Ripper, 5 Shnk
0.22 Hr
52.96
3.33
112.07
7.04
212.29
13.34
302.05
18.98
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
22.4 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
3.5 M BTU
Cultivator, Sweep, 4 Rw
Fertilizer Injector, 4 Row
Moldboard Plow, 4-16 2
Pickup Truck, 1/2 Ton
Tractor, 50 PTO HP,
Tractor, 125 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
300.00 Lb
Cantaloupe Sd
2.00 Lb
Sulfur
0.25 Lb
15-08-04, Lqd
Endosulfan
Water, District
LABOR REQUIREMENT ( per Acre)
Irrigators
6.00 Hr
Other
1.57
0.51
0.45
1.00
0.02
0.22
Hr
Hr
Hr
Hr
Hr
Hr
70.00 Ga
3.00 Pt
54.00 AI
0.65 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.
Drag Scraper, 10'
Laser, Complete System
Offset Disk, 13.5'
Planter, Drill Type, 4 Row
Tractor, 70 PTO HP,
Tractor, 150 PTO HP,
Cantaloupe Cartons
Fenvalerate
Tractor
0.22
0.22
0.18
0.36
1.57
1.13
Hr
Hr
Hr
Hr
Hr
Hr
381.00 Ct
1.00 Pt
4.90 Hr
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 230
Table 16E. Schedule of Operations; Spring Cantaloupe, Late, 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
Mar
1.0
1.0
1.0
1.0
Soil Fertility
Apply Fert/Ground
List
Plant
9
10
11
12
13
Mar
Mar
Mar
Mar
Apr
1.0
9.0
7.0
2.0
2.0
Buck Rows
Irrigate
Cultivate
Apply Fert/Ground
Apply Insecticide/Air
14
15
16
17
18
19
Apr
Apr
Apr
May
May
May
1.0
2.0
1.0
1.0
1.0
1.0
Apply Fungicide/Air
Hand Weeding
Pollinate
Harvest
Haul, Custom
Disk Residue
Pickup use 30 Mi/Ac
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, Drill Type, 4 Row
Bed Shaper, 4 Rw
50 Rowbuck, 10'
70 Cultivator, Sweep, 4 Rw
100 Fertilizer Injector, 4 Row
CST Air Spray, 5 Gal Mix
CST Air Spray, 5 Gal Mix
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 79
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
40.00
1.50 Water, District
4.00
3.50 15-08-04, Lqd
Fenvalerate
Endosulfan
Sulfur
Cantaloupe Cartons
5.00
1.00
300.00 Lb 330.00 Tn
2.00 Lb
9.46 Lb
6.00 AI
5.56 AF
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
Irrigators
Tractor
Tractor
4.75 Ac
4.75
75.00
15.00
1.55
0.25
Ac
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 / 230