Table 12A. Income and Cash Operating Summary; Spring Honeydews, 1998
COUNTY: Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
593.0 Ct / Acre
Item
INCOME ⇒
Melons
Page 55
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
Unit
Quantity
Crtn
593.00
Price/
Unit
$5.81
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$3,445.33
58.38
49.39
179.71
123.51
50.39
4.75
19.89
29.88
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
42.87
243.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Total
/Acre
Your Farm
Budget
$3,445.33
____________
107.77
____________
____________
____________
358.35
____________
____________
____________
____________
____________
49.76
____________
____________
____________
13.33
____________
285.87
____________
____________
____________
-------------815.09
____________
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
1067.40
846.58
-------------1913.98
____________
____________
7.64
12.75
____________
____________
=============
$2,749.46
$695.87
____________
===================
____________
____________
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 / 173
Table 12B. Allocations of Ownership Costs; Spring Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
Page 56
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
593.0 Ct / Acre PREVIOUS CROP:
Safflower
Item
TOTAL INCOME at
$5.81 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,445.33
$2,749.46
$695.87
5.55
137.47
82.48
-------------225.50
2,974.97
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,445.33
$2,749.46
5.55
137.47
82.48
-------------225.50
$470.36
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
2,974.97
6.99
TOTAL OWNERSHIP COST
-------------242.49
219.96
-------------523.40
=============
=============
TOTAL COST
$2,991.96
$3,272.87
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$453.37
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
$427.98
6.99
18.57
10.00
-------------35.56
10.00
-------------Total Land Costs
16.99
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$453.37
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
$470.36
30.85
11.53
-------------42.38
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$470.36
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
$695.87
$4.64
$0.41
$5.05
$392.42
$172.46
$4.64
$0.88
$5.52
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 173
Table 12C. Variable Operating Costs; Spring Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
May
May
Jun
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
593.0 Ct / Acre
---- Hours * ---Machine Labor
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
Apply Herbicide/Ground
Incorporate Herbicide
List
Shape Beds
Plant
Irrigate
Irrigate
Cultivate
Spike Furrows
Apply Fert/Ground
Thinning
Hand Weeding
Pollinate
Apply Insecticide/Air
Apply Insecticide/Air
Pick and Load 593 Ct
Haul 0
Disk Residue 593 Ct
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 57
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.150
0.450
0.450
0.167
0.500
0.500
2.44
6.51
4.50
1.63
4.87
4.87
0.180
0.225
0.225
0.225
0.180
0.360
0.200
0.250
0.250
0.250
0.200
0.400
0.667
0.267
0.250
0.250
0.286
1.43
1.15
2.71
2.02
1.73
3.08
1.95
2.44
2.44
2.44
1.95
3.90
6.50
2.60
2.44
2.44
2.79
3.00
0.225
0.225
0.257
1.50
1.43
2.93
52.35
50.39
78.22
42.87
0.95
63.68
75.00
75.00
15.00
4.75
4.75
919.15
148.25
0.180
1.000
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
0.200
1.94
7.64
17.97
22.57
846.58
1.95
4.07
11.38
9.37
3.00
55.73
53.98
5.14
4.46
81.90
49.85
6.50
3.55
3.93
3.87
69.40
75.00
75.00
15.00
22.72
27.32
1765.73
148.25
3.89
Tot. Cash
Expense
Times
1.0
2.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
14.0
6.0
3.0
2.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
4.07
22.76
4.69
3.00
55.73
53.98
5.14
4.46
81.90
49.85
13.00
49.73
23.60
11.61
138.80
75.00
150.00
15.00
22.72
27.32
1765.73
148.25
3.89
7.64
12.75
12.75
TOTAL CASH OPERATING EXPENSES (includes all times over):
57.98
107.19
1332.65
=============
1251.64
2749.46
Class
L
L
L
G
G
G
G
L
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 $10.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
171.61
Growing (G)
643.48
Harvest (H)
1,913.98
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
20.39
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$4.36
$5.23
$5.81
$6.39
$7.26 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
444.8
533.7
593.0
652.3
-332.88
-232.38
-165.38
-98.38
54.71
232.74
351.42
470.10
313.11
542.82
695.95
849.09
571.51
852.90
1,040.48
1,228.07
959.11
1,318.02
1,557.28
1,796.55
739.37
417.41
323.50
264.08
207.04
5.11
4.79
4.64
4.51
$2,749.46
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 173
Table 12D. Resource and Cash Flow Requirements; Spring Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
Month *
Number
Irrigations
FEB C
MAR C
5.0
APR C
6.0
MAY C
5.0
JUN C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
16.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
593.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
18.0
12.0
10.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.37
4.02
2.64
1.83
0.20
Page 58
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
5.00
8.33
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
24.81
15.04
5.73
2.86
1.90
7.64
47.20
31.46
19.11
7.47
1.95
102.74
141.90
81.65
22.57
42.87
423.29
423.29
3.00
75.00
169.75
539.35
532.80
12.75
177.75
306.27
281.24
1003.87
959.94
7.64
12.75
1332.65
48.47
2749.46
100.00
**
40.0
11.06
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
149.6
Total P
206.2
Total K
31.1
Total Labor
11.1
Total Water
40.0
13.33
0.48
107.19
3.90
348.86
12.69
889.45
32.35
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
24.6 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
3.8 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.18 Hr
Disk-Lister, 4 Rw
0.22 Hr
Fertilizer Injector, 4 Row
0.51 Hr
Lister, 5 Bottom
0.22 Hr
Offset Disk, 18'
0.15 Hr
Saddle Tk Sprayer, 2 Tk 8
0.18 Hr
Tractor, 70 PTO HP,
2.03 Hr
Tractor, 150 PTO HP,
1.05 Hr
Cultivator, Sweep, 4 Rw
Drag Scraper, 10'
Furrow Spike, 4 Rw
Moldboard Plow, 4-16 2
Pickup Truck, 1/2 Ton
Tractor, 25 PTO HP
Tractor, 100 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
300.00 Lb
Bensulide
10.00 Pt
Honeydew Seeds
2.00 Th
Waxed Cartons
593.00 Ct
15-08-04, Lqd
Endosulfan
Imidacloprid
LABOR REQUIREMENT ( per Acre)
Irrigators
5.07 Hr
57.98
2.11
Tractor
1.35
0.22
0.67
0.90
1.00
0.36
1.50
Hr
Hr
Hr
Hr
Hr
Hr
Hr
70.00 Ga
1.00 Pt
16.00 Oz
Directed Spray Rig, 8
Fertilizer Broadcaster,
Laser, Complete System
Offset Disk, 13.5'
Planter, Drill Type, 4 Row
Tractor, 50 PTO HP,
Tractor, 125 PTO HP,
Benomyl
Fenvalerate
Water, District
0.22
0.18
0.22
0.18
0.36
0.22
0.22
Hr
Hr
Hr
Hr
Hr
Hr
Hr
1.00 Lb
2.00 Pt
40.00 AI
5.99 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 / 173
Table 12E. Schedule of Operations; Spring Honeydews, 1998
COUNTY:Maricopa
CROP:
Honeydew Melons
AREA:
Salt River Project
First
No.Month Times
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
593.0 Ct / Acre
Operation
Page 59
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Safflower
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 Offset Disk, 18'
150 Moldboard Plow, 4-16 2
125 Drag Scraper, 10'
Laser, Complete System
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
100 Fertilizer Broadcaster,
Apply Herbicide/Ground 50 Directed Spray Rig, 8 Row
Incorporate Herbicide 100 Disk-Lister, 4 Rw
List
100 Lister, 5 Bottom
Shape Beds
100 Bed Shaper, 4 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
Plant
25 Planter, Drill Type, 4 Row
Irrigate
Irrigate
Cultivate
70 Cultivator, Sweep, 4 Rw
Spike Furrows
70 Furrow Spike, 4 Rw
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Thinning
CST Thinning
Hand Weeding
CST Hand Weeding
Pollinate
CST Bee Hive Rental
Apply Insecticide/Air
CST Air Spray, 5 Gal Mix
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
Feb
Feb
Feb
1.0 Disk
2.0 Plow
0.5 Laser Level
6.00
2.00
2.00
4
5
6
7
8
9
Feb
Feb
Feb
Feb
Feb
Mar
1.0
1.0
1.0
1.0
1.0
1.0
5.00 11-48-00, Dry
4.00 Bensulide
4.00
4.00
5.00 Imidacloprid
10
11
12
13
14
15
16
17
18
19
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
1.0
2.0
14.0
6.0
3.0
2.0
1.0
2.0
1.0
1.0
20
May
1.0 Apply Insecticide/Air
CST Air Spray, 5 Gal Mix
21
22
23
May
May
Jun
1.0 Pick and Load
1.0 Haul
1.0 Disk Residue
Pickup use 30 Mi/Ac
CST Cut & Load Melons
CST Haul Melons
100 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
2.50
1.50
3.75
4.00
4.00
3.50
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
12/10/98
Labor
Type
Tractor
Tractor
Tractor
Honeydew Seeds
Water, District
Water, District
15-08-04, Lqd
Benomyl
Fenvalerate
Fenvalerate
Endosulfan
Waxed Cartons
5.00
1.00
300.00 Lb 330.00 Tn
10.00 Pt 38.12 Ga
3.00 Ac
16.00 Oz 591.67 Ga
2.00 Th
6.00 AI
2.00 AI
20.27 Th
0.00 AF
5.71 AF
Tractor
Irrigators
Irrigators
Tractor
Tractor
Tractor
35.00 Ga 310.00 Tn
1.00
1.00
1.00
1.00
593.00
Lb 17.35 Lb
Pt 135.94 Ga
Pt 135.94 Ga
Pt 34.80 Ga
Ct
1.35 Ct
Tractor
Tractor
Tractor
Tractor
Tractor
75.00
75.00
15.00
4.75
Ac
Ac
Ac
Ac
4.75 Ac
1.55 Ct
0.25 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 / 173