Table 3A. Income and Cash Operating Summary; Red Chiles, 1998
COUNTY: Greenlee
CROP:
Chile, Red
AREA:
Duncan Valley
FARM: Greenlee County 98
ACRES:
1.0
YIELD:
2,000.0 Lb / Acre
Item
INCOME ⇒
Unit
Red Chile
Pound
Page 10
WATER SOURCE:
Duncan East, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Quantity
2,000.00
Price/
Unit
$0.50
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Hand
Irrigation
Other/ Contract
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Irrigation (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
Budgeted
/Acre
$1,000.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
Total
/Acre
Your Farm
Budget
$1,000.00
____________
288.88
____________
____________
____________
____________
____________
127.30
____________
____________
____________
____________
55.69
____________
____________
____________
____________
____________
____________
39.25
217.00
31.77
0.85
74.56
39.09
13.65
20.59
35.11
64.73
59.12
5.60
Other Purchased Inputs &
Seed/Transplants
180.56
180.56
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------717.16
____________
____________
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
29.00
11.38
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
9.53
51.45
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
40.37
____________
____________
____________
60.98
____________
____________
____________
60.00
10.02
-------------171.37
____________
____________
20.19
28.61
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$937.33
____________
$62.67
____________
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 9 / 162
Table 3B. Allocations of Ownership Costs; Red Chiles, 1998
COUNTY:Greenlee
CROP:
Chile, Red
AREA:
Duncan Valley
FARM: Greenlee County 98
WATER SOURCE:
Duncan East, Electric
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
2,000.0 Lb / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 11
$0.50 / Lb
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,000.00
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,000.00
$937.33
$937.33
$62.67
9.70
3.45
46.87
28.12
-------------88.13
$62.67
9.70
3.45
46.87
28.12
-------------88.13
1,025.46
1,025.46
($25.46)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
($25.46)
67.80
24.88
24.06
9.10
-------------125.83
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($25.46)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
50.00
50.00
--------------------------Total Land Costs
50.00
50.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($75.46)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
($151.30)
Land Cost / Rent or Lease
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------138.13
-------------338.95
=============
=============
TOTAL COST
$1,075.46
$1,276.28
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($75.46)
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
($201.30)
74.99
$0.47
$0.07
$0.54
($276.28)
$0.47
$0.17
$0.64
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 162
Table 3C. Variable Operating Costs; Red Chiles, 1998
COUNTY:Greenlee
CROP:
Chile, Red
AREA:
Duncan Valley
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
First
Month
Jan
Jan
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
Jun
Jun
Jun
Jul
Aug
Aug
Sep
Oct
Oct
Oct
Dec
Dec
FARM: Greenlee County 98
ACRES:
1.0
YIELD:
2,000.0 Lb / Acre
Operation
Plow
Rip
Apply Fert/Ground
Disk
Landplane
List
Buck Rows
Preirrigate
Disk Ends
Mulch
Plant
Remove Cap
Irrigate
Cultivate
Apply Herbicide/Ground
Thinning
Hand Weeding
Cultivate
Irrigate/Run Fertilizer
Apply Insecticide/Air
Prepare Ends
Harvest
Load Produce
Haul, Custom 1 Tn
Cut Stalks 1 Tn
Disk Residue 1 Tn
Pickup Use80 Mi/Acre
Operating Interest at 10.0
---- Hours * ---Machine Labor
0.321
0.357
0.300
0.333
0.150
0.167
0.225
0.250
0.225
0.250
0.180
0.200
0.023
0.050
0.424
0.023
0.025
0.225
0.250
0.225
0.250
0.180
0.200
0.279
0.225
0.250
0.150
0.167
25.00
0.500
0.150
0.167
0.333
0.023
1.500
1.500
0.025
3.334
1.667
0.164
0.129
2.667
0.182
0.143
Page 12
WATER SOURCE:
Duncan East, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
5.47
2.92
8.39
4.58
2.73
7.31
1.59
1.37
36.21
39.16
3.29
2.05
5.34
3.01
2.05
5.05
2.48
1.64
4.12
0.22
0.38
0.59
6.94
3.47
10.41
0.19
0.20
0.39
3.35
2.05
5.40
4.51
2.05
192.75
199.30
1.68
1.64
3.32
4.62
2.28
6.91
2.48
2.05
4.53
1.55
1.37
13.65
16.57
204.72
204.72
4.09
4.09
1.66
1.37
3.02
5.78
2.73
19.18
27.68
4.75
22.15
26.90
0.30
0.20
0.50
47.10
26.05
73.15
12.95
14.75
10.02
37.72
60.00
60.00
1.81
1.49
3.30
2.29
1.17
3.46
20.19
28.61
Tot. Cash
Expense
8.39
7.31
39.16
10.68
10.11
4.12
2.95
10.41
1.57
5.40
199.30
3.32
69.08
18.12
16.57
204.72
12.28
9.07
55.37
26.90
0.50
73.15
37.72
60.00
3.30
3.46
20.19
28.61
Times
1.0
1.0
1.0
2.0
2.0
1.0
5.0
1.0
4.0
1.0
1.0
1.0
10.0
4.0
1.0
1.0
3.0
3.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
Class
L
L
G
L
L
L
G
G
G
L
L
G
G
G
G
G
G
G
G
G
H
H
H
H
P
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
203.24
327.60
93.36
313.13
937.33
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)
248.77
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
468.39
171.37
3.30
0.00
48.80
=============
Total (T)
$937.33
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
1,500.0
- 10%
1,800.0
Budgeted
2,000.0
+ 10%
2,200.0
Break-even Yield
$0.38
$0.45
$0.50
$0.55
-333.57
-246.85
-189.04
-131.23
2,654.02
-221.07
-111.86
-39.04
33.77
2,107.25
-146.07
-21.85
60.96
143.77
1,852.78
-71.07
68.15
160.96
253.77
1,653.15
$0.63 Break-even Price
41.43
203.15
310.96
418.77
1,423.14
0.60
0.51
0.47
0.43
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 162
Table 3D. Resource and Cash Flow Requirements; Red Chiles, 1998
COUNTY:Greenlee
CROP:
Chile, Red
AREA:
Duncan Valley
Month *
Number
Irrigations
JAN C
FEB C
MAR C
1.0
APR C
1.0
MAY C
2.0
JUN C
2.0
JUL C
2.0
AUG C
4.0
SEP C
1.0
OCT C
DEC C
Pickup Use80 Mi/Acre
Operating Interest at 10.0
Total
%
13.0
FARM: Greenlee County 98
ACRES:
1.0
YIELD:
2,000.0 Lb / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
6.0
4.0
8.0
8.0
8.0
18.0
4.0
56.0
WATER SOURCE:
Duncan East, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.19
0.87
0.62
0.90
0.88
27.05
1.47
1.89
0.30
5.00
0.32
13.07
6.93
10.62
14.21
15.75
20.93
11.26
22.43
4.91
58.91
4.02
20.19
40.51
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
216.7
Total P
38.8
Total K
0.0
Total Labor
40.5
Total Water
56.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 6 Rw
0.22 Hr
Flat Trailer
1.50 Hr
Moldboard Plow, 4-16 2
0.32 Hr
Pickup Truck, 1/2 Ton
2.67 Hr
Rolling Cultivator, 6 Rw
1.35 Hr
Saddle Tk Sprayer, 2 Tk 8
0.15 Hr
Tractor, 100 PTO HP
2.13 Hr
V-Ripper, 5 Shnk
0.30 Hr
MATERIALS REQUIREMENT ( per Acre)
10-34-00, Lqd
10.00 Ga
BT
2.00 Lb
Dicamba
1.00 Pt
Page 13
203.23
21.68
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
7.70
5.05
6.10
8.39
11.54
215.09
8.33
16.38
2.49
43.87
2.66
327.60
34.95
28.61
20.77
48.19
16.72
215.35
27.29
249.67
19.59
104.07
7.40
172.80
6.68
20.19
28.61
93.36
9.96
937.33
100.00
36.21
12.19
180.56
13.65
60.51
4.75
10.02
122.55
13.08
190.58
20.33
60.00
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
39.5 Gal
Unleaded Gas
8.0 Gal
Electric / Pumping
884.9 KWH
All Direct Energy
9.5 M BTU
Chili Harvester, SP 2 Row
Landplane 12'X 45'
Offset Disk, 12'
Planter, Drill Type, 6 Row
Rotary Stalk Cutter, 4 Row
Section Harrow, 3 Section
Tractor, 125 PTO HP
32-00-00, URAN 32, Lqd
Carbofuran
Water, Pump
1.50
0.45
0.54
0.22
0.16
0.18
1.53
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Directed Spray Rig, 8
Lister, 7 Bottom
Offset Disk, 16.5'
Power Mulcher, 4 Rw
Rowbuck, 10'
Tractor, 60 PTO HP
Tractor, 150 PTO HP
58.00 Ga
7.00 Lb
56.00 AI
Boxes & Supplies
Chile Pepper Sd (OP)
0.15
0.18
0.15
0.22
0.11
1.59
0.75
Hr
Hr
Hr
Hr
Hr
Hr
Hr
10.00 Ct
5.00 Lb
LABOR REQUIREMENT ( per Acre)
Hand Weeders
Tractor
26.50 Hr
8.33 Hr
Irrigators
3.88 Hr
Other
1.79 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 9 / 162
Table 3E. Schedule of Operations; Red Chiles, 1998
COUNTY:Greenlee
CROP:
Chile, Red
AREA:
Duncan Valley
First
No.MonthTimes
FARM: Greenlee County 98
ACRES:
1.0
YIELD:
2,000.0 Lb / Acre
Operation
Page 14
WATER SOURCE:
Duncan East, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
Jan
Jan
Feb
1.0 Plow
1.0 Rip
1.0 Apply Fert/Ground
150 Moldboard Plow, 4-16 2
150 V-Ripper, 5 Shnk
100 Saddle Tk Sprayer, 2 Tk 8
4
5
6
7
Feb
Feb
Feb
Mar
2.0
2.0
1.0
5.0
Disk
Landplane
List
Buck Rows
125 Offset Disk, 12'
125 Landplane 12'X 45'
125 Lister, 7 Bottom
100 Rowbuck, 10'
8
9
10
11
Mar
Mar
Mar
Apr
1.0
4.0
1.0
1.0
Preirrigate
Disk Ends
Mulch
Plant
12
13
14
15
16
17
18
19
Apr
Apr
May
Jun
Jun
Jun
Jul
Aug
1.0
10.0
4.0
1.0
1.0
3.0
3.0
2.0
20
21
22
Aug
Sep
Oct
1.0 Apply Insecticide/Air
1.0 Prepare Ends
1.0 Harvest
CST Air Spray, 5 Gal Mix
100 Offset Disk, 16.5'
Chili Harvester, SP 2 Row
23
24
25
26
Oct
Oct
Dec
Dec
1.0
1.0
1.0
1.0
60 Flat Trailer
CST Haul Red Chiles
100 Rotary Stalk Cutter, 4 Row
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
60 Offset Disk, 12'
125 Power Mulcher, 4 Rw
125 Bed Shaper, 6 Rw
Planter, Drill Type, 6 Row
100 Section Harrow, 3 Section
Remove Cap
Irrigate
Cultivate
100 Rolling Cultivator, 6 Rw
Apply Herbicide/Ground100 Directed Spray Rig, 8
Thinning
Hand Weeding
Cultivate
100 Rolling Cultivator, 6 Rw
Irrigate/Run Fertilizer
Load Produce
Haul, Custom
Cut Stalks
Disk Residue
Pickup use 80 Mi/Ac
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/25/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.80
3.00
6.00 32-00-00, URAN 32,
10-34-00, Lqd
4.00
4.00
5.00
40.00
2.36 Water, Pump
40.00
4.00
4.00 Chile Pepper Sd (OP)
Carbofuran
5.00
3.58 Water, Pump
4.00
6.00 Dicamba
0.04
2.00
6.00
3.00 Water, Pump
32-00-00, URAN 32,
BT
40.00
0.60
0.60 Boxes & Supplies
Tractor
Tractor
Tractor
20.00 Ga 173.00 Tn
10.00 Ga 266.40 Tn
6.00 AI
13.87 AF
5.00 Lb
7.00 Lb
34.23 Lb
1.65 Lb
4.00 AI
13.87 AF
Tractor
Tractor
Tractor
Tractor
Other
Irrigators
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
Hand
Hand
Tractor
Irrigators
1.00 Pt 103.50 Ga
5.00 AI 13.87 AF
19.00 Ga 173.00 Tn
2.00 Lb 10.50 Lb
10.00 Ct
0.95
Labor
Type
4.75 Ac
Tractor
Tractor
Other
Tractor
Ct
60.00 Tn
5.50
7.00
0.38
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 9 / 162