Table 14A. Income and Cash Operating Summary; Sweet Corn, Spring, 1998
COUNTY: Maricopa
CROP:
Corn, Sweet
AREA:
Salt River Project
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
224.0 Ct / Acre
Item
INCOME ⇒
Ears
Page 65
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
Unit
Quantity
Crtn
224.00
Price/
Unit
$4.06
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$909.44
Total
/Acre
Your Farm
Budget
$909.44
____________
99.14
____________
____________
____________
132.20
____________
____________
____________
27.09
____________
____________
____________
10.00
____________
107.86
____________
____________
29.08
70.06
Chemicals and Custom Applications
Fertilizer
Insecticide
64.79
67.40
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
10.91
16.17
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
12/10/98
107.86
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------376.29
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
97.48
204.72
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
17.94
44.58
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
302.20
____________
____________
____________
62.52
____________
____________
____________
379.01
-------------743.73
____________
5.10
5.26
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
$1,130.38
($220.94)
____________
===================
____________
____________
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 / 180
Table 14B. Allocations of Ownership Costs; Sweet Corn, Spring, 1998
COUNTY:Maricopa
CROP:
Corn, Sweet
AREA:
Salt River Project
Page 66
FARM: Maricopa Veg 98
WATER SOURCE:
Salt River Project
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
224.0 Ct / Acre PREVIOUS CROP:
Sorghum Silage
Item
TOTAL INCOME at
$4.06 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$909.44
$1,130.38
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
12/10/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$909.44
$1,130.38
($220.94)
8.35
56.52
33.91
-------------98.78
($220.94)
8.35
56.52
33.91
-------------98.78
1,229.17
1,229.17
($319.73)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($319.73)
55.39
23.05
-------------78.44
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($319.73)
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
13.98
37.14
20.00
-------------71.12
20.00
-------------Total Land Costs
33.98
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($353.71)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------132.77
90.43
-------------338.78
=============
=============
TOTAL COST
$1,263.15
$1,469.16
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($353.71)
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
($398.17)
$5.05
$0.59
$5.64
($469.29)
($559.72)
$5.05
$1.51
$6.56
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 180
Table 14C. Variable Operating Costs; Sweet Corn, Spring, 1998
COUNTY:Maricopa
CROP:
Corn, Sweet
AREA:
Salt River Project
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
May
May
Jun
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
224.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Disk
Apply Fert/Ground
List
Disk Ends
Buck Rows
Preirrigate
Plant
Cultivate
Apply Fert/Ground
Irrigate
Apply Insecticide/Air
Pick and Haul
Unload Produce
Disk Residue
Pickup Use20 Mi/Acre
Operating Interest at 10.0
0.225
0.225
0.090
0.225
0.045
0.045
0.360
0.180
0.300
Page 67
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.250
0.100
0.250
0.050
0.050
1.587
0.400
0.200
0.333
0.800
2.86
3.30
0.72
2.02
0.48
0.19
20.00
1.000
0.250
62.52
4.76
1.56
2.49
2.44
2.44
0.97
2.44
0.49
0.49
15.47
3.90
1.95
3.25
7.80
34.90
107.87
4.75
9.000
0.225
0.667
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
12/10/98
3.30
5.10
292.45
9.75
2.44
29.90
1.43
6.48
379.01
Tot. Cash
Expense
Times
5.30
5.74
36.59
4.46
0.97
0.68
15.47
116.52
3.51
35.63
9.23
11.23
733.98
9.75
5.74
1.0
1.0
1.0
1.0
5.0
6.0
1.0
1.0
3.0
1.0
7.0
6.0
1.0
1.0
1.0
5.30
5.74
36.59
4.46
4.86
4.09
15.47
116.52
10.53
35.63
64.59
67.40
733.98
9.75
5.74
5.10
5.26
5.26
Class
L
L
G
L
G
G
G
L
G
G
G
G
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
96.36
399.69
33.76
600.57
1130.38
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)
137.13
Growing (G)
239.16
Harvest (H)
743.73
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
10.36
=============
Total (T)
$1,130.38
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$3.05
$3.65
$4.06
$4.47
$5.07 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
168.0
201.6
224.0
246.4
280.0
Break-even Yield
-360.99
-355.77
-352.29
-348.81
-343.59
-258.68
-232.99
-215.87
-198.75
-173.07
-190.47
-151.15
-124.93
-98.71
-59.39
-122.26
-69.30
-33.98
1.33
54.29
-19.95
53.48
102.43
151.38
224.81
2,491.44
506.42
330.74
245.56
177.13
5.19
4.81
4.62
4.46
4.27
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 11 / 180
Table 14D. Resource and Cash Flow Requirements; Sweet Corn, Spring, 1998
COUNTY:Maricopa
CROP:
Corn, Sweet
AREA:
Salt River Project
Month *
Number
Irrigations
FEB C
1.0
MAR C
2.0
APR C
2.0
MAY C
3.0
JUN C
Pickup Use20 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
8.0
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
224.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
8.0
8.0
8.0
12.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.64
12.93
1.90
33.45
0.25
Page 68
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Sorghum Silage
10.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
12/10/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
11.84
9.31
2.18
62.71
3.22
5.10
35.88
29.74
10.72
320.91
2.44
34.90
29.90
6.48
32.42
5.26
82.62
176.81
24.14
830.80
5.66
5.10
5.26
33.76
2.99
1130.38
100.00
107.86
379.01
4.75
23.75
**
36.0
51.17
10.00
0.88
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
123.2
Total P
96.0
Total K
0.0
Total Labor
51.2
Total Water
36.0
EQUIPMENT REQUIREMENTS ( per Acre)
Fert. Side Dress Unit,
0.30 Hr
Offset Disk, 13.5'
0.67 Hr
Rolling Cultivator, 4 Rw
0.54 Hr
Tractor, 100 PTO HP,
1.44 Hr
Vegetable Trailer Flat Bed
9.00 Hr
96.36
8.52
399.69
35.36
103.70
9.17
486.87
43.07
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
35.7 Gal
Unleaded Gas
2.0 Gal
All Direct Energy
5.2 M BTU
Fertilizer Broadcaster,
Pickup Truck, 1/2 Ton
Rowbuck, 10'
Tractor, 150 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
200.00 Lb
Sweet Corn Seed + Fung.
12.00 Lb
46-00-00, Urea 46
Water, District
LABOR REQUIREMENT ( per Acre)
Irrigators
7.19 Hr
Other
0.09
0.67
0.27
0.67
Hr
Hr
Hr
Hr
220.00 Lb
36.00 AI
21.00 Hr
Lister, 5 Bottom
Planter, Drill Type, 4 Row
Tractor, 50 PTO HP,
V-Ripper, 5 Shnk
Methomyl
Wirebound Crates
Tractor
0.22
0.36
9.57
0.22
Hr
Hr
Hr
Hr
6.00 Pt
224.00 Ct
12.98 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 / 180
Table 14E. Schedule of Operations; Sweet Corn, Spring, 1998
COUNTY:Maricopa
CROP:
Corn, Sweet
AREA:
Salt River Project
First
No.Month Times
FARM: Maricopa Veg 98
ACRES:
1.0
YIELD:
224.0 Ct / Acre
Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
May
1.0
1.0
1.0
1.0
5.0
6.0
1.0
1.0
3.0
1.0
7.0
6.0
1.0
Rip
Disk
Apply Fert/Ground
List
Disk Ends
Buck Rows
Preirrigate
Plant
Cultivate
Apply Fert/Ground
Irrigate
Apply Insecticide/Air
Pick and Haul
14
15
May
Jun
1.0 Unload Produce
1.0 Disk Residue
Pickup use 20 Mi/Ac
Page 69
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, 13.5'
100 Fertilizer Broadcaster,
100 Lister, 5 Bottom
100 Offset Disk, 13.5'
50 Rowbuck, 10'
100 Planter, Drill Type, 4 Row
100 Rolling Cultivator, 4 Rw
50 Fert. Side Dress Unit, 4Row
Job Rate
Acres/Hr
4.00
4.00
10.00
4.00
20.00
20.00
0.63
2.50
5.00
3.00
1.25
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
12/10/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
11-48-00, Dry
Water, District
Sweet Corn Seed +
CST Air Spray, 5 Gal Mix
50 Vegetable Trailer Flat Bed
46-00-00, Urea 46
Water, District
Methomyl
0.10 Wirebound Crates
150 Offset Disk, 13.5'
Pickup Truck, 1/2 Ton
1.00
4.00
1.50
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
Tractor
Irrigators
200.00 Lb 330.00 Tn
8.00 AI
12.00 Lb
220.00
4.00
1.00
224.00
0.00 AF
8.50 Lb
Lb 257.00 Tn
AI
4.29 AF
Pt 49.05 Ga
Ct
1.60 Ct
Labor
Type
4.75 Ac
Tractor
Other
Other
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 / 180