Table 8A. Income and Cash Operating Summary; Sweet Corn, 1998
COUNTY: Cochise
CROP:
Corn, Sweet
AREA:
Kansas Settlement
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
112.0 Ct / Acre
Item
INCOME ⇒
Ears
Page 35
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
Unit
Quantity
Crtn
112.00
Price/
Unit
$8.12
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
$909.44
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/27/98
Total
/Acre
Your Farm
Budget
$909.44
____________
53.13
____________
____________
____________
195.33
____________
____________
____________
____________
40.40
____________
____________
____________
168.38
____________
____________
____________
116.60
____________
____________
24.71
28.41
82.87
103.50
8.96
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
14.43
25.97
Irrigation (excluding labor)
Natural Gas/Pumping
Repairs and Maintenance
143.86
24.51
Other Purchased Inputs &
Seed/Transplants
116.60
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------573.83
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
250.22
____________
____________
____________
45.92
____________
____________
____________
____________
45.50
204.72
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Other Materials
14.66
31.27
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
189.06
-------------485.19
7.73
8.57
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
____________
____________
===================
$1,075.32
____________
($165.88)
____________
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 / 179
Table 8B. Allocations of Ownership Costs; Sweet Corn, 1998
COUNTY:Cochise
CROP:
Corn, Sweet
AREA:
Kansas Settlement
FARM: SE AZ Veg 98
WATER SOURCE:
Ks Settlement, NG
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
112.0 Ct / Acre PREVIOUS CROP:
Watermelons
Item
TOTAL INCOME at
Page 36
$8.12 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$909.44
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/27/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$909.44
$1,075.32
$1,075.32
($165.88)
6.94
14.45
53.77
32.26
-------------107.42
($165.88)
6.94
14.45
53.77
32.26
-------------107.42
1,182.74
1,182.74
($273.30)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
($273.30)
46.64
53.80
15.64
27.43
-------------143.51
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($273.30)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
50.00
50.00
--------------------------Total Land Costs
50.00
50.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($323.30)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
($416.82)
Land Cost / Rent or Lease
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
86.03
-------------157.42
-------------386.96
=============
=============
TOTAL COST
$1,232.74
$1,462.28
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($323.30)
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
($466.82)
$9.60
$1.41
$11.01
($552.84)
$9.60
$3.46
$13.06
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 179
Table 8C. Variable Operating Costs; Sweet Corn, 1998
COUNTY:Cochise
CROP:
Corn, Sweet
AREA:
Kansas Settlement
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
May
Jul
Jul
Jul
Aug
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
112.0 Ct / Acre
---- Hours * ---Machine Labor
Disk
Apply Fert/Ground
Chisel
List
Buck Rows
Preirrigate
Disk Ends
Plant
Irrigate
Apply Herbicide/Ground
Irrigate/Run Fertilizer
Cultivate
Apply Insect./Ground
Pick and Load
Haul 1
Disk Residue
Pickup Use30 Mi/Acre
Operating Interest at 10.0
0.180
0.075
0.214
0.180
0.023
0.023
0.180
0.180
0.150
0.075
4.500
0.500
0.225
1.000
Page 37
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/27/98
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.200
0.083
0.238
0.200
0.025
0.333
0.025
0.200
0.333
0.200
0.333
0.167
0.083
10.00
0.556
0.250
3.23
0.94
3.31
2.44
0.22
14.03
0.27
2.95
14.03
2.04
14.03
1.67
1.00
41.25
4.67
4.04
7.73
1.64
0.68
1.95
1.64
0.20
2.73
0.20
1.64
2.27
1.64
2.27
1.14
0.68
235.66
14.55
2.05
37.45
116.60
8.96
15.14
12.94
189.06
Tot. Cash
Expense
Times
4.87
39.07
5.26
4.07
0.42
16.76
0.48
121.19
16.30
12.64
31.44
2.81
14.62
465.97
19.22
6.09
2.0
1.0
1.0
1.0
4.0
1.0
4.0
1.0
8.0
1.0
3.0
3.0
8.0
1.0
1.0
2.0
9.74
39.07
5.26
4.07
1.69
16.76
1.91
121.19
130.43
12.64
94.33
8.43
116.93
465.97
19.22
12.17
7.73
8.57
8.57
Class
L
G
L
L
G
G
G
L
G
G
G
G
G
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
264.02
301.75
8.57
500.98
1075.32
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)
152.43
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
421.40
485.19
0.00
0.00
16.30
=============
Total (T)
$1,075.32
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
84.0
100.8
112.0
123.2
140.0
Break-even Yield
$6.09
$7.31
$8.12
$8.93
$10.15 Break-even Price
-315.93
-260.92
-224.26
-187.59
-132.59
-213.61
-138.15
-87.84
-37.53
37.93
-145.41
-56.30
3.10
62.51
151.61
-77.20
25.55
94.05
162.55
265.29
25.11
148.32
230.46
312.60
435.81
180.50
131.56
111.41
96.62
80.58
9.85
8.68
8.09
7.61
7.04
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 10 / 179
Table 8D. Resource and Cash Flow Requirements; Sweet Corn, 1998
COUNTY:Cochise
CROP:
Corn, Sweet
AREA:
Kansas Settlement
Month *
Number
Irrigations
MAR C
1.0
APR C
2.0
MAY C
3.0
JUN C
3.0
JUL C
3.0
AUG C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Total
%
12.0
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
112.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
4.0
8.0
12.0
12.0
12.0
48.0
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.28
1.12
1.55
1.05
37.24
0.50
23.95
33.46
44.21
42.58
108.13
3.96
7.73
42.74
264.02
24.55
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
181.3
Total P
106.0
Total K
0.0
Total Labor
42.7
Total Water
48.0
Page 38
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/27/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
11.39
8.51
11.24
15.18
253.37
2.05
301.74
28.06
37.45
8.96
15.14
30.28
103.50
195.33
18.16
8.57
0.80
1075.32
100.00
189.06
305.65
28.43
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
37.2 Gal
Unleaded Gas
3.0 Gal
Nat Gas/Pumping
388.1 Therms
All Direct Energy
44.4 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Directed Spray Rig, 16
0.18 Hr
Offset Disk, 12'
0.09 Hr
Planter, Drill Type, 6 Row
0.18 Hr
Sprayer, Air Blast 500
0.60 Hr
Tractor, 125 PTO HP
0.25 Hr
Vegetable Trailer Flat Bed
5.00 Hr
Fertilizer Broadcaster,
Offset Disk, 16.5'
Rolling Cultivator, 6 Rw
Tractor, 70 PTO HP
Tractor, 150 PTO HP
MATERIALS REQUIREMENT ( per Acre)
11-53-00, Dry
200.00 Lb
Methomyl
16.00 Pt
Wirebound Crates
112.00 Ct
32-00-00, URAN 32, Lqd
Sweet Corn (Super
45.00 Ga
12.00 Lb
Alachlor
Water, Pump
Other
30.00 Hr
Tractor
LABOR REQUIREMENT ( per Acre)
Irrigators
4.16 Hr
8.57
72.79
167.53
70.59
88.04
654.06
6.01
7.73
8.57
116.60
0.08
0.81
0.45
5.00
1.02
Hr
Hr
Hr
Hr
Hr
Lister, 5 Bottom
Pickup Truck, 1/2 Ton
Rowbuck, 10'
Tractor, 100 PTO HP
V-Ripper, 5 Shnk
0.18
1.00
0.09
1.59
0.21
Hr
Hr
Hr
Hr
Hr
2.50 Pt
48.00 AI
8.57 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 / 179
Table 8E. Schedule of Operations; Sweet Corn, 1998
COUNTY:Cochise
CROP:
Corn, Sweet
AREA:
Kansas Settlement
First
No.MonthTimes
FARM: SE AZ Veg 98
ACRES:
1.0
YIELD:
112.0 Ct / Acre
Operation
Page 39
WATER SOURCE:
Ks Settlement, NG
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Watermelons
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
5
6
7
8
9
10
11
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
Apr
May
2.0
1.0
1.0
1.0
4.0
1.0
4.0
1.0
8.0
1.0
3.0
Disk
150 Offset Disk, 16.5'
Apply Fert/Ground
125 Fertilizer Broadcaster,
Chisel
150 V-Ripper, 5 Shnk
List
125 Lister, 5 Bottom
Buck Rows
100 Rowbuck, 10'
Preirrigate
Disk Ends
100 Offset Disk, 12'
Plant
100 Planter, Drill Type, 6 Row
Irrigate
Apply Herbicide/Ground100 Directed Spray Rig, 16
Irrigate/Run Fertilizer
12
13
14
May
Jul
Jul
3.0 Cultivate
8.0 Apply Insect./Ground
1.0 Pick and Load
100 Rolling Cultivator, 6 Rw
100 Sprayer, Air Blast 500
70 Vegetable Trailer Flat Bed
15
16
Jul
Aug
1.0 Haul
2.0 Disk Residue
Pickup use 30 Mi/Ac
70 Vegetable Trailer Flat Bed
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
5.00
12.00
4.20
5.00
40.00
3.00
40.00
5.00
3.00
5.00
3.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/27/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
11-53-00, Dry
Water, Pump
Sweet Corn (Super
Water, Pump
Alachlor
Water, Pump
32-00-00, URAN 32,
6.00
12.00 Methomyl
0.20 Wirebound Crates
1.80
4.00
1.00
200.00 Lb 355.00 Tn
4.00 AI
12.00
4.00
2.50
4.00
15.00
42.09 AF
Lb
9.21
AI 42.09
Pt 27.18
AI 42.09
Ga 173.00
2.00 Pt
112.00 Ct
Lb
AF
Ga
AF
Tn
49.05 Ga
1.60 Ct
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Irrigators
Irrigators
Tractor
Tractor
Other
Tractor
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 / 179