Table 11A. Income and Cash Operating Summary; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP:
Lettuce, Iceberg
AREA:
Salt River Project
FARM: Maricopa Veg
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Item
INCOME ->
Lettuce
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Potatoes, Early
Unit
Quantity
Crtn
212.00
Price/
Unit
$7.62
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
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
58
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
9/11/01
Budgeted
/Acre
$1,615.44
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
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
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $10.14 per Acre is included as an ownership cost in Table B.
Your Farm
Budget
$1,615.44
____________
156.36
____________
____________
____________
____________
344.21
____________
____________
____________
____________
____________
47.50
____________
____________
____________
45.12
93.69
17.55
88.26
196.08
55.53
4.33
17.82
29.68
10.00
179.47
101.47
78.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Total
/Acre
737.55
____________
____________
____________
____________
0.32
____________
____________
0.49
508.80
197.19
706.80
15.25
9.54
____________
____________
____________
____________
____________
____________
____________
____________
$1,469.14
$146.30
____________
____________
0.32
0.19
0.30
Table 11B. Allocations of Ownership Costs; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP: Lettuce, Iceberg
AREA:
Salt River Project
FARM: Maricopa Veg
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Item
TOTAL INCOME at
$7.62 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (
5.0% of Total Operating Exp.)
General Farm Maintenance
( 3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Potatoes, Early
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,615.44
$1,469.14
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
9/11/01
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,615.44
$1,469.14
$146.30
$146.30
5.48
73.46
44.07
5.48
73.46
44.07
123.01
1,592.15
123.01
1,592.15
$23.29
$23.29
30.53
14.21
Total Capital Allocations
44.74
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$23.29
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
59
Land Cost / Rent or Lease
Water Assessment **
200.00
10.14
200.00
10.14
Total Land Costs
210.13
210.13
RETURNS TO CAPITAL, MANAGEMENT AND RISK ----------------------------------------> ($186.85)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services (
8%
of Total Operation Expenses)
TOTAL OWNERSHIP COST
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
($231.59)
117.53
333.15
495.42
TOTAL COST
$1,802.29
$1,964.56
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($186.85)
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
Item
($21.45)
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$6.93
$1.57
$8.50
($349.12)
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$6.93
$2.34
$9.27
Table 11C. Variable Operating Costs; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP: Lettuce, Iceberg
AREA:
Salt River Project
60
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Jun
Jun
Jun
Aug
Aug
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Nov
Nov
Dec
FARM: Maricopa Veg
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Rip
Plow
Disk
Landplane
Soil Fertility
Apply Fert/Ground
List
Mulch
Plant
Apply Insect./Ground
Apply Herbicide/Ground
Set Sprinklers
Irrigate/Sprinkler
Remove Sprinklers
Buck Rows
Irrigate
Disk Ends
Apply Insect./Ground
Thinning
Cultivate/Side Dress
Apply Insect./Ground
Apply Insect./Ground
Irrigate/Run Fertilizer
Prepare Ends
Harvest, Load & Haul 212
Disk Residue 212 Ct
Pickup Use 60 Mi/Acre
Operating Interest at 10.0
---- Hours * ---Machine Labor
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Potatoes, Early
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.225
0.450
0.150
0.450
0.250
0.500
0.167
0.500
2.86
6.50
2.44
5.54
2.44
4.87
1.63
4.87
0.150
0.225
0.300
0.360
0.150
0.225
0.158
0.167
0.250
0.333
0.800
0.167
0.250
0.350
1.000
0.350
0.050
0.667
0.050
0.167
0.93
2.90
2.62
4.74
1.01
1.39
0.90
1.63
2.44
3.25
7.80
1.63
2.44
3.41
9.75
3.41
0.49
6.50
0.49
1.63
3.00
0.158
0.045
0.045
0.150
0.90
0.27
0.34
1.01
43.34
101.47
78.00
55.53
1.25
30.21
75.00
0.300
0.015
0.015
0.030
0.333
0.017
0.017
0.943
0.033
4.33
0.09
0.09
0.49
3.25
0.17
0.17
9.19
0.32
14.98
17.13
19.40
19.98
508.80
0.150
2.000
0.167
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
9/11/01
2.44
15.25
1.63
197.19
Tot. Cash
Expenses
Times
5.29
11.37
4.07
10.42
3.00
45.89
5.33
5.86
114.01
80.64
59.37
4.31
9.75
4.31
0.76
7.75
0.83
32.85
75.00
22.55
17.38
19.65
29.17
0.81
705.99
4.07
0.5
1.0
3.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
6.0
1.0
2.0
4.0
3.0
1.0
1.0
2.0
2.0
3.0
1.0
1.0
1.0
1.0
9.54
TOTAL CASH OPERATING EXPENSES (includes all times over):
Class
2.65
11.37
12.20
5.21
3.00
45.89
5.33
5.86
114.01
80.64
59.37
4.31
58.49
4.31
1.51
31.01
2.49
32.85
75.00
45.10
34.76
58.96
29.17
0.81
705.99
4.07
15.25
9.54
L
L
L
L
G
G
L
L
L
G
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
L
1469.14
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 $10.14 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
160.71
Growing (G)
576.84
Harvest (H)
706.80
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
24.79
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ->
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$5.72
$6.86
$7.62
$8.38
$9.52 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
159.0
190.8
212.0
233.2
-363.98
-288.26
-237.79
-187.31
-182.24
-70.18
4.53
79.24
-61.08
75.21
166.07
256.94
60.07
220.60
327.62
434.64
241.81
438.69
569.93
701.18
311.87
210.71
173.25
147.10
119.94
$1,469.14
Break-even Yield
8.00
7.23
6.84
6.52
Table 11D. Resource and Cash Flow Requirements; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP: Lettuce, Iceberg
AREA:
Salt River Project
Month *
Number
Irrigations
Water
Applied
(inches)
JUN C
AUG C
SEP C
7.0
OCT C
3.0
NOV C
1.0
DEC C
Pickup Use 60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
11.0
FARM: Maricopa Veg
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Total
Labor (Hrs)
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.96
0.83
10.60
2.76
0.75
0.17
12.0
18.0
6.0
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Potatoes, Early
5.00
5.00
12.80
9.04
17.69
5.20
0.83
2.44
15.25
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
9/11/01
Operating Costs ($/ACRE *)
-------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
9.35
8.13
103.33
26.92
7.31
1.63
43.34
215.00
85.88
9.54
22.15
63.51
512.49
123.00
719.13
4.07
15.25
9.54
596.34
40.59
1468.67
100.00
101.47
3.00
75.00
197.19
508.80
**
36.0
16.07
10.00
0.68
61
TOTAL RESOURCE REQUIREMENTS (per Acre)
Total N
192.3
Total P
156.0
Total Labor
16.1
Total Water
36.0
63.25
4.31
156.67
10.66
344.22
23.43
298.66
20.33
TOTAL ENERGY REQUIREMENTS (per Acre)
Diesel Fuel
21.2 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
3.7 M BTU
EQUIPMENT REQUIREMENTS (per Acre)
Bed Shaper, 4 Rw
0.36 Hr
Drag Scraper, 14'
0.22 Hr
High Clearance Sprayer,
0.07 Hr
Moldboard Plow, 4-16 2
0.45 Hr
Pickup Truck, 1/2 Ton
2.00 Hr
Rowbuck, 10'
0.09 Hr
Tractor, 100 PTO HP,
0.60 Hr
Cultivator, Sweep, 6 Rw
Fert. Side Dress Unit,
Laser, Complete System
Offset Disk, 10.5'
Planter, Stanhay, 4 Row
Sprinkler Trailer
Tractor, 150 PTO HP,
0.60
0.60
0.22
0.14
0.36
0.32
1.64
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Directed Spray Rig, 8
Fertilizer Broadcaster,
Lister, 5 Bottom
Offset Disk, 18'
Power Mulcher, 4 Rw
Tractor, 60 PTO HP
V-Ripper, 5 Shnk
MATERIALS REQUIREMENT (per Acre)
11-52-00, Dry
300.00
Esfenvalerate
15.00
Lettuce Cartons
212.00
Spinosad
6.00
32-00-00, URAN 32, Lqd
Head Lettuce Sd
Methomyl
Surfactant (spreader)
45.00
160.00
10.00
2.00
Ga
Th
Pt
Pt
BT
Imidacloprid
Pronamide
Water, District
Lb
Oz
Ct
Oz
LABOR REQUIREMENT (per Acre)
Irrigators
9.61 Hr
Other
1.80 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of $10.14 per Acre is included as an ownership cost in Table B.
Tractor
0.30
0.38
0.22
0.63
0.30
1.88
0.11
Hr
Hr
Hr
Hr
Hr
Hr
Hr
10.00
16.00
2.00
36.00
Lb
Oz
Lb
AI
4.66 Hr
Table 11E. Schedule of Operations; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP: Lettuce, Iceberg
AREA:
Salt River Project
First
No. Month Times
FARM: Maricopa Veg
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Operation
WATER SOURCE:
Salt River Project
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Potatoes, Early
Equipment/ Custom Oper
HP Self-Prop./ Implement
62
Jun
Jun
Jun
Aug
0.5
1.0
3.0
0.5
Rip
Plow
Disk
Landplane
150 V-Ripper, 5 Shnk
150 Moldboard Plow, 4-16 2
150 Offset Disk, 18'
150 Drag Scraper, 14'
Laser, Complete System
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
60 Fertilizer Broadcaster,
List
150 Lister, 5 Bottom
Mulch
60 Power Mulcher, 4 Rw
Plant
60 Planter, Stanhay, 4 Row
Bed Shaper, 4 Rw
Apply Insect./Ground
60 Directed Spray Rig, 8 Row
Apply Herbicide/Ground 60 Fertilizer Broadcaster,
Set Sprinklers
60 Sprinkler Trailer
Aug
Aug
Aug
Sep
Sep
1.0
1.0
1.0
1.0
1.0
Sep
Sep
Sep
1.0
1.0
1.0
Sep
Sep
6.0 Irrigate/Sprinkler
1.0 Remove Sprinklers
Sep
Sep
Sep
Sep
Sep
Sep
2.0
4.0
3.0
1.0
1.0
2.0
Sep
2.0 Apply Insect./Ground
60 Offset Disk, 10.5'
60 Directed Spray Rig, 8 Row
CST Thinning
100 Fert. Side Dress Unit,
Cultivator, Sweep, 6 Rw
High Clearance Sprayer, 18
Oct
3.0 Apply Insect./Ground
High Clearance Sprayer, 18
Oct
1.0 Irrigate/Run Fertilizer
Nov
Nov
Dec
1.0 Prepare Ends
1.0 Harvest, Load & Haul
1.0 Disk Residue
Pickup use 60 Mi/Ac
Buck Rows
Irrigate
Disk Ends
Apply Insect./Ground
Thinning
Cultivate/Side Dress
60 Sprinkler Trailer
60 Rowbuck, 10'
150 Offset Disk, 18'
CST Harv/pack/haul Lettuce
150 Offset Disk, 18'
Pickup Truck, 1/2 Ton
Job Rate
Acre/Hr
----------
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
9/11/01
Material Use and Cost ---------Name
Appl. Rate $ / Unit
Service Cost
$ / Unit
4.00
2.00
6.00
2.00
Labor
Type
Tractor
Tractor
Tractor
Tractor
3.00 Ac
6.00 11-52-00, Dry
4.00
3.00
2.50 Head Lettuce Sd
6.00 Imidacloprid
4.00 Pronamide
5.70
1.00 Water, District
5.70
20.00
1.50 Water, District
20.00
6.00 Spinosad
300.00 Lb
273.33 Tn
Tractor
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Tractor
Other
Irrigators
Tractor
Other
Tractor
Irrigators
Tractor
Tractor
160.00 Th
0.60 Th
16.00 Oz
2.00 Lb
588.40 Ga
26.27 Lb
1.00 AI
0.00 AF
6.00 AI
2.50 AF
6.00 Oz
609.67 Ga
15.00 Ga
170.80 Tn
Tractor
2.00
2.00
1.00
5.00
2.00
2.00
6.00
15.00
48.94
0.96
16.40
107.50
48.94
0.96
10.00
170.80
Tractor
75.00 Ac
3.00 32-00-00, URAN 32,
60.00 Methomyl
BT
Surfactant (spreader)
60.00 Esfenvalerate
Methomyl
BT
1.06 Water, District
32-00-00, URAN 32,
30.00
Lettuce Cartons
6.00
0.50
*NOTES: Machine times, labor times, and material rates are for one time over the designated acreage.
Pt
Lb
Pt
Oz
Pt
Lb
AI
Ga
Ga
Lb
Ga
Ga
Ga
Lb
AF
Tn
Tractor
Irrigators
Tractor
212.00 Ct
0.88 Ct
2.40 Ct
Tractor
Table 11F. Operations Calendar; Fall Iceberg Lettuce, 2001
COUNTY: Maricopa
CROP:
Lettuce, Iceberg
AREA:
Salt River Project
FARM: Maricopa Veg
ACRES: 1.0
YIELD:
212 Ct/Acre
63
No.
Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
* NOTE:
Rip
Plow
Disk
Landplane
Soil Fertility
Apply Fert/Ground
List
Mulch
Plant
Apply Insect/Ground
Apply Herbicide/Ground
Set Sprinklers
Irrigate/Sprinkler
Remove Sprinklers
Buck Rows
Irrigate
Disk Ends
Apply Insect/Ground
Thinning
Cultivate/Side Dress
Apply Insect/Ground
Apply Insect/Ground
Irrigate/Run Fertilizer
Prepare Ends
Harvest, Load & Haul
Disk Residue
P = Previous Year C = Current Year
WATER SOURCE:
IRRIGATION SYSTEM:
PREVIOUS CROP:
SRP
Flood Furrow
Potatoes, Early
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
09/17/2001
----------------------------------------Month and Times Operation Performed ----------------------------------------------Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
0.5 c
1.0 C
2.0 C
1.0 C
0.5 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
6.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
2.0 C
1.0 C
1.0 C
1.0 C
1.0 C
1.0 C
2.0 C
1.0 C
1.0 C
1.0 C
1.0 C
N = Next Year