Table 6A. Income and Cash Operating Summary; Spring Lettuce, 1998
COUNTY: Cochise
CROP:
Lettuce, Iceberg
AREA:
Kansas Settlement
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
475.0 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 25
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Chile, Green
Unit
Quantity
Crtn
475.00
Price/
Unit
$8.81
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Budgeted
/Acre
$4,184.75
Total
/Acre
Your Farm
Budget
$4,184.75
____________
61.64
____________
____________
____________
506.95
____________
____________
____________
____________
52.01
____________
____________
____________
199.95
____________
____________
____________
276.60
____________
____________
____________
34.17
27.47
149.34
310.29
47.32
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
19.18
32.83
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs and Maintenance
170.84
29.11
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
126.60
150.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
-------------1097.15
____________
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%
1140.00
440.99
-------------1580.99
____________
____________
15.45
27.77
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$2,721.37
____________
$1,463.38
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 174
Table 6B. Allocations of Ownership Costs; Spring Lettuce, 1998
COUNTY:Cochise
CROP:
Lettuce, Iceberg
AREA:
Kansas Settlement
FARM: SE AZ Veg 98
WATER SOURCE:
Ks Settlement, NG
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
475.0 Ct / Acre PREVIOUS CROP:
Chile, Green
Item
TOTAL INCOME at
Page 26
$8.81 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,184.75
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,184.75
$2,721.37
$2,721.37
$1,463.38
5.05
17.16
136.07
81.64
-------------239.93
$1,463.38
5.05
17.16
136.07
81.64
-------------239.93
2,961.29
2,961.29
$1,223.46
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$1,223.46
28.88
63.89
13.53
32.58
-------------138.89
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$1,223.46
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
50.00
50.00
--------------------------Total Land Costs
50.00
50.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$1,173.46
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$1,084.57
Land Cost / Rent or Lease
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
217.71
-------------289.93
-------------646.52
=============
=============
TOTAL COST
$3,011.29
$3,367.89
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$1,173.46
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
$1,034.57
$5.73
$0.61
$6.34
$816.86
$5.73
$1.36
$7.09
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 174
Table 6C. Variable Operating Costs; Spring Lettuce, 1998
COUNTY:Cochise
CROP:
Lettuce, Iceberg
AREA:
Kansas Settlement
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Dec
Dec
Dec
Dec
Dec
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Feb
Mar
Mar
Apr
Apr
May
May
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
475.0 Ct / Acre
---- Hours * ---Machine Labor
Disk
Plow
Laser Level
Landplane
Apply Fert/Ground
Apply Herbicide/Ground
List
Shape Beds
Plant
Buck Rows
Irrigate
Irrigate
Disk Ends
Cultivate
Apply Fert/Ground
Thinning
Apply Insecticide/Air
Hand Weeding
Apply Insecticide/Air
Apply Insecticide/Air
Harvest 475 Ct
Disk Residue 475 Ct
Pickup Use60 Mi/Acre
Operating Interest at 10.0
0.225
0.321
0.900
0.225
0.075
0.112
0.180
0.138
0.333
0.023
0.023
0.300
0.150
Page 27
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Chile, Green
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.357
1.000
0.250
0.083
0.125
0.200
0.154
0.370
0.025
0.847
0.212
0.025
0.333
0.167
3.91
5.52
11.47
3.50
0.74
1.28
2.81
1.60
5.34
0.22
42.09
10.52
0.27
3.18
2.04
2.05
2.92
8.19
2.05
0.68
1.02
1.64
1.26
3.03
0.20
5.78
1.45
0.20
2.73
1.36
84.27
47.32
78.03
126.60
32.54
75.00
4.75
75.00
4.75
4.75
1140.00
0.225
2.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
0.250
4.04
15.45
22.18
29.67
40.31
440.99
2.05
5.96
8.44
19.66
5.55
85.69
49.62
4.45
80.89
134.97
0.42
47.88
11.97
0.48
5.91
35.94
75.00
26.93
75.00
34.42
45.06
1580.99
6.09
Tot. Cash
Expense
Times
3.0
1.0
0.3
0.5
1.0
1.0
1.0
1.0
1.0
3.0
1.0
15.0
2.0
3.0
2.0
1.0
4.0
1.0
1.0
2.0
1.0
1.0
17.88
8.44
5.90
2.78
85.69
49.62
4.45
80.89
134.97
1.27
47.88
179.54
0.96
17.72
71.89
75.00
107.71
75.00
34.42
90.13
1580.99
6.09
15.45
27.77
27.77
Class
L
L
L
L
G
G
L
L
L
G
G
G
G
G
G
G
G
G
G
G
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
268.47
61.64
1351.02
1040.24
2721.37
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.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
261.39
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
835.77
1,580.99
0.00
0.00
43.22
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
$6.61
356.3
427.5
475.0
522.5
$7.93
$8.81
$9.69
$11.01 Break-even Price
27.63
498.41
261.26
826.20
417.02 1,044.73
572.78 1,263.26
812.27
1,202.83
1,463.21
1,723.58
1,126.12
1,579.46
1,881.68
2,183.90
1,596.91
2,144.40
2,509.39
2,874.39
208.07
179.26
148.43
6.53
6.00
5.73
5.51
$2,721.37
Break-even Yield
347.83
247.91
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 174
Table 6D. Resource and Cash Flow Requirements; Spring Lettuce, 1998
COUNTY:Cochise
CROP:
Lettuce, Iceberg
AREA:
Kansas Settlement
Month *
Number
Irrigations
DEC P
JAN C
3.0
FEB C
3.0
MAR C
5.0
APR C
4.0
MAY C
1.0
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Total
%
16.0
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
475.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
18.0
9.0
15.0
12.0
3.0
57.0
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Chile, Green
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.12
2.95
1.41
1.39
0.85
0.49
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
24.60
79.26
40.73
50.54
42.09
14.75
15.45
8.20
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
270.3
Total P
238.5
Total K
0.0
Total Labor
8.2
Total Water
57.0
Page 28
15.89
23.37
7.79
6.81
4.08
3.70
267.42
9.83
61.64
2.27
84.27
157.88
32.54
66.53
132.48
440.99
473.70
17.41
27.77
124.76
387.11
156.06
213.13
197.65
1599.44
15.45
27.77
1351.02
49.64
2721.37
100.00
126.60
567.59
20.86
75.00
89.25
19.00
1140.00
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
24.6 Gal
Unleaded Gas
6.0 Gal
Nat Gas/Pumping
460.9 Therms
All Direct Energy
50.3 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.14 Hr
Fert. Side Dress Unit,
0.30 Hr
Laser, Complete System
0.27 Hr
Offset Disk, 12'
0.05 Hr
Pickup Truck, 1/2 Ton
2.00 Hr
Rowbuck, 10'
0.07 Hr
Tractor, 125 PTO HP
0.27 Hr
Blade Scraper, 10'
Fertilizer Broadcaster,
Lister, 5 Bottom
Offset Disk, 13.5'
Planter, Stanhay, 4 Row
Saddle Tk Sprayer, 2 Tk 8
Tractor, 150 PTO HP
MATERIALS REQUIREMENT ( per Acre)
11-53-00, Dry
450.00 Lb
Chlorpyrifos
12.00 Pt
Imidacloprid
16.00 Oz
Spinosad
6.00 Oz
46-00-00, Urea 46
Cypermethrin
Lettuce Cartons
Water, Pump
LABOR REQUIREMENT ( per Acre)
Irrigators
4.03 Hr
Tractor
0.27
0.08
0.18
0.67
0.33
0.14
1.51
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Directed Spray Rig, 16
Landplane 12'X 45'
Moldboard Plow, 4-16 2
Offset Disk, 16.5'
Rolling Cultivator, 4 Rw
Tractor, 100 PTO HP
480.00
20.00
475.00
57.00
Lb
Oz
Ct
AI
Benefin
Head Lettuce Sd
Methomyl
0.11
0.11
0.32
0.22
0.90
1.97
Hr
Hr
Hr
Hr
Hr
Hr
3.00 Pt
200.00 Th
8.00 Pt
4.17 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 174
Table 6E. Schedule of Operations; Spring Lettuce, 1998
COUNTY:Cochise
CROP:
Lettuce, Iceberg
AREA:
Kansas Settlement
First
No.Month Times
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
475.0 Ct / Acre
Operation
1
2
3
Dec
Dec
Dec
3.0 Disk
1.0 Plow
0.3 Laser Level
4
5
6
7
8
Dec
Dec
Jan
Jan
Jan
0.5
1.0
1.0
1.0
1.0
9
10
11
12
13
14
15
16
17
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Feb
Mar
1.0
3.0
1.0
15.0
2.0
3.0
2.0
1.0
4.0
18
19
20
21
22
Mar
Apr
Apr
May
May
1.0
1.0
2.0
1.0
1.0
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Chile, Green
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 Offset Disk, 13.5'
150 Moldboard Plow, 4-16 2
125 Blade Scraper, 10'
Laser, Complete System
Landplane
150 Landplane 12'X 45'
Apply Fert/Ground
100 Fertilizer Broadcaster,
Apply Herbicide/Ground 100 Directed Spray Rig, 16
List
150 Lister, 5 Bottom
Shape Beds
100 Bed Shaper, 4 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
Plant
100 Planter, Stanhay, 4 Row
Buck Rows
100 Rowbuck, 10'
Irrigate
Irrigate
Disk Ends
100 Offset Disk, 12'
Cultivate
100 Rolling Cultivator, 4 Rw
Apply Fert/Ground
100 Fert. Side Dress Unit,
Thinning
CST Thinning
Apply Insecticide/Air
CST Air Spray, 5 Gal Mix
Hand Weeding
Apply Insecticide/Air
Apply Insecticide/Air
Harvest
Disk Residue
Pickup use 60 Mi/Ac
CST Hand Weeding
CST Air Spray, 5 Gal Mix
CST Air Spray, 5 Gal Mix
CST Harvest-Load-Haul
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Page 29
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.00
2.80
1.00
Tractor
Tractor
Tractor
4.00
12.00 11-53-00, Dry
8.00 Benefin
5.00
6.50 Imidacloprid
2.70
40.00
1.18
4.72
40.00
3.00
6.00
Labor
Type
Head Lettuce Sd
Water, Pump
Water, Pump
46-00-00, Urea 46
Methomyl
Cypermethrin
Spinosad
Chlorpyrifos
Lettuce Cartons
4.00
0.50
Tractor
Tractor
Tractor
Tractor
Tractor
450.00 Lb 355.00 Tn
3.00 Pt 14.95 Ga
16.00 Oz 591.67 Ga
200.00 Th
0.60 Th
12.00 AI
3.00 AI
42.09 AF
42.09 AF
Tractor
Tractor
Irrigators
Irrigators
Tractor
Tractor
Tractor
240.00 Lb 257.00 Tn
2.00 Pt 39.45 Ga
5.00 Oz 285.64 Ga
6.00 Oz 600.00 Ga
6.00 Pt 50.95 Ga
475.00 Ct
0.88 Ct
75.00 Ac
4.75 Ac
75.00
4.75
4.75
2.40
Ac
Ac
Ac
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 10 / 174