Table 3A. Income and Cash Operating Summary; Fall Lettuce, 1998
COUNTY: Pima
CROP:
Lettuce, Iceberg
AREA:
Marana
FARM: Pima Vegetables 98
ACRES:
1.0
YIELD:
210.2 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 10
WATER SOURCE:
Marana, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Crtn
210.20
Price/
Unit
$14.74
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
$3,098.35
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
Total
/Acre
Your Farm
Budget
$3,098.35
____________
77.07
____________
____________
____________
270.41
____________
____________
____________
____________
50.70
____________
____________
____________
162.59
____________
____________
____________
400.80
____________
____________
____________
40.71
36.35
126.81
63.16
80.45
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
16.02
34.68
Irrigation (excluding labor)
Pump Energy - Electric
Repairs and Maintenance
145.30
17.29
Other Purchased Inputs &
Seed/Transplants
Other Serv. and Rentals
100.80
300.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------961.57
____________
CASH HARVEST AND POST HARVEST EXPENSES
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT10.0%
1020.00
392.70
-------------1412.70
____________
____________
14.82
10.58
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$2,399.68
____________
$698.67
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F6 / 71
Table 3B. Allocations of Ownership Costs; Fall Lettuce, 1998
COUNTY:Pima
CROP:
Lettuce, Iceberg
AREA:
Marana
FARM: Pima Vegetables 98
WATER SOURCE:
Marana, Electric
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
210.2 Ct / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 11
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$14.74 / Ct
$3,098.35
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$2,399.68
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
Wells and Irrigation System
General and Office Overhead (5.0%of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/12/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,098.35
$2,399.68
$698.67
5.47
12.35
119.98
71.99
-------------209.79
$698.67
5.47
12.35
119.98
71.99
-------------209.79
2,609.47
2,609.47
$488.88
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Wells and Irrigation System
Interest on Equity, Machinery and Vehicles
Wells and Irrigation System
$488.88
31.78
35.02
11.81
19.23
-------------97.84
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$488.88
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($540.00 X 16.0% X 0.183)
Opportunity Interest on Land (100% X 6.0 X $540.00)
15.87
15.87
32.40
-------------48.27
-------------Total Land Costs
15.87
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$473.01
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$342.77
191.97
-------------225.66
-------------547.88
=============
=============
TOTAL COST
$2,625.34
$2,947.55
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$473.01
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
$391.04
$11.42
$1.07
$12.49
$150.79
$11.42
$2.61
$14.02
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F6 / 71
Table 3C. Variable Operating Costs; Fall Lettuce, 1998
COUNTY:Pima
CROP:
Lettuce, Iceberg
AREA:
Marana
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
Jun
Jun
Jun
Jul
Jul
Jul
Jul
Jul
Aug
Aug
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Nov
Nov
Dec
FARM: Pima Vegetables 98
ACRES:
1.0
YIELD:
210.2 Ct / Acre
---- Hours * ---Machine Labor
Disk
Plow
Landplane
Apply Fert/Ground
Apply Herbicide/Ground
Buck Rows
Shovel Ends
Preirrigate
Disk Ends
List
Plant
Irrigate
Roll Beds
Thinning
Apply Insecticide/Air
Cultivate
Apply Fert/Ground
Hand Weeding
Apply Insecticide/Air
Harvest 425 Ct
Make Ditches 425 Ct
Disk Residue 425 Ct
Pickup Use60 Mi/Acre
Operating Interest at 10.0
0.225
0.360
0.257
0.075
0.225
0.023
0.011
0.225
0.300
0.129
Page 12
WATER SOURCE:
Marana, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.400
0.286
0.083
0.250
0.025
0.067
1.000
0.013
0.250
0.333
0.599
0.143
3.84
5.85
3.28
0.70
2.99
0.12
29.45
0.12
4.09
4.81
14.72
0.79
2.05
3.28
2.34
0.68
2.05
0.20
0.46
6.82
0.11
2.05
2.73
4.09
1.17
86.63
80.45
100.80
75.00
4.23
0.300
0.300
0.333
0.333
2.13
3.91
0.500
0.200
3.22
2.73
2.73
20.09
75.00
4.23
1020.00
0.045
0.180
2.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
0.28
3.07
14.82
4.09
1.64
228.12
77.07
9.37
392.70
Tot. Cash
Expense
Times
5.88
9.13
5.62
88.00
85.49
0.33
0.46
36.27
0.23
6.14
108.33
18.81
1.96
75.00
7.45
4.86
26.72
75.00
13.60
1412.70
4.37
4.71
2.0
1.0
2.0
1.0
1.0
2.0
2.0
1.0
2.0
1.0
1.0
7.0
1.0
1.0
3.0
3.0
2.0
3.0
3.0
1.0
1.0
1.0
11.77
9.13
11.23
88.00
85.49
0.66
0.91
36.27
0.45
6.14
108.33
131.67
1.96
75.00
22.35
14.59
53.45
225.00
40.81
1412.70
4.37
4.71
14.82
10.58
10.58
Class
L
L
L
G
G
G
G
G
G
L
L
G
L
G
G
G
G
G
G
H
L
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
1355.96
738.53
2399.68
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)
153.27
Growing (G)
808.31
Harvest (H)
1,412.70
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
25.40
=============
Total (T)
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$11.06
$13.27
$14.74
$16.21
$18.42 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
157.6
189.2
210.2
231.2
-318.46
-181.80
-90.69
0.41
30.10
236.48
374.06
511.64
262.48
515.33
683.89
852.46
494.86
794.18
993.73
1,193.28
843.42
1,212.46
1,458.48
1,704.50
231.12
153.05
124.92
105.52
85.59
13.08
12.02
11.49
11.05
$2,399.68
Break-even Yield
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F6 / 71
Table 3D. Resource and Cash Flow Requirements; Fall Lettuce, 1998
COUNTY:Pima
CROP:
Lettuce, Iceberg
AREA:
Marana
Month *
Number
Irrigations
JUN C
JUL C
1.0
AUG C
1.0
SEP C
2.0
OCT C
2.0
NOV C
2.0
DEC C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Total
%
8.0
FARM: Pima Vegetables 98
ACRES:
1.0
YIELD:
210.2 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
12.0
6.0
12.0
12.0
12.0
54.0
WATER SOURCE:
Marana, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.19
1.74
1.31
2.35
1.86
1.70
0.20
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
12.75
42.40
28.67
46.12
41.39
39.55
3.02
14.82
10.35
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
196.6
Total P
240.0
Total K
0.0
Total Labor
10.3
Total Water
54.0
Page 13
7.66
18.23
9.63
16.51
9.54
13.86
1.64
228.72
9.53
77.07
3.21
10.58
20.41
227.10
139.10
180.07
248.23
1554.71
4.66
14.82
10.58
1355.96
56.51
2399.68
100.00
166.47
100.80
29.75
38.84
9.37
244.43
10.19
392.70
493.50
20.57
87.69
158.46
1099.23
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
23.7 Gal
Unleaded Gas
6.0 Gal
Electric / Pumping
2730.7 KWH
All Direct Energy
13.4 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Roller, 4 Rw
0.13 Hr
Disk-Lister, 6 Rw
0.22 Hr
Fertilizer Broadcaster,
0.08 Hr
Offset Disk, 10.5'
0.02 Hr
Planter/Gramor, 4 Bd,8
0.30 Hr
Tractor, 60 PTO HP
0.05 Hr
Tractor, 125 PTO HP
0.74 Hr
Bed Shaper, 4 Rw
Fert. Side Dress Unit,
Landplane 12'X 45'
Offset Disk, 16.5'
Rolling Cultivator, 4 Rw
Tractor, 70 PTO HP
Tractor, 150 PTO HP
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
500.00 Lb
Cypermethrin
12.00 Oz
Methomyl
1.50 Pt
32-00-00, URAN 32, Lqd
Head Lettuce Sd
Pronamide
LABOR REQUIREMENT ( per Acre)
Irrigators
5.33 Hr
Tractor
0.30
0.60
0.51
0.63
0.90
1.07
0.99
Hr
Hr
Hr
Hr
Hr
Hr
Hr
40.00 Ga
160.00 Th
2.00 Lb
Blade Scraper, 10'
Fert. Side Dress Unit,
Moldboard Plow, 4-16 2
Pickup Truck, 1/2 Ton
Rowbuck, 10'
Tractor, 100 PTO HP
Benefin
Lettuce Cartons
Water, Pump
0.05
0.22
0.36
2.00
0.05
1.22
Hr
Hr
Hr
Hr
Hr
Hr
2.00 Pt
425.00 Ct
54.00 AI
4.97 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F6 / 71
Table 3E. Schedule of Operations; Fall Lettuce, 1998
COUNTY:Pima
CROP:
Lettuce, Iceberg
AREA:
Marana
First
No.MonthTimes
FARM: Pima Vegetables 98
ACRES:
1.0
YIELD:
210.2 Ct / Acre
Operation
Page 14
WATER SOURCE:
Marana, Electric
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
4
5
Jun
Jun
Jun
Jul
Jul
2.0
1.0
2.0
1.0
1.0
Disk
150 Offset Disk, 16.5'
Plow
150 Moldboard Plow, 4-16 2
Landplane
125 Landplane 12'X 45'
Apply Fert/Ground
100 Fertilizer Broadcaster,
Apply Herbicide/Ground100 Fert. Side Dress Unit,
6
7
8
9
10
11
Jul
Jul
Jul
Aug
Aug
Aug
2.0
2.0
1.0
2.0
1.0
1.0
Buck Rows
Shovel Ends
Preirrigate
Disk Ends
List
Plant
12
13
14
15
16
17
18
19
20
21
22
Aug
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Nov
Nov
Dec
7.0
1.0
1.0
3.0
3.0
2.0
3.0
3.0
1.0
1.0
1.0
Irrigate
Roll Beds
Thinning
Apply Insecticide/Air
Cultivate
Apply Fert/Ground
Hand Weeding
Apply Insecticide/Air
Harvest
Make Ditches
Disk Residue
Pickup use 60 Mi/Ac
60 Rowbuck, 10'
100 Offset Disk, 10.5'
125 Disk-Lister, 6 Rw
100 Bed Shaper, 4 Rw
Planter/Gramor, 4 Bd,8 Line/Be
70 Bed Roller, 4 Rw
CST Thinning
CST Air Spray, 3 Gal Mix
70 Rolling Cultivator, 4 Rw
100 Fert. Side Dress Unit,
CST Hand Weeding
CST Air Spray, 3 Gal Mix
CST Harvest-Load-Haul
70 Blade Scraper, 10'
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.00
2.50
3.50
12.00 11-48-00, Dry
4.00 Benefin
Pronamide
40.00
15.00
1.00 Water, Pump
80.00
4.00
3.00 Head Lettuce Sd
1.67 Water, Pump
7.00
Methomyl
39.28 AF
160.00 Th
0.60 Th
6.00 AI
39.28 AF
0.50 Pt
49.05 Ga
3.00
3.00 32-00-00, URAN 32,
20.00 Ga 173.00 Tn
Cypermethrin
Lettuce Cartons
4.00 Oz 285.64 Ga
425.00 Ct
0.88 Ct
20.00
5.00
0.50
Tractor
Tractor
Tractor
Tractor
Tractor
500.00 Lb 330.00 Tn
2.00 Pt 14.95 Ga
2.00 Lb 23.36 Lb
12.00 AI
Labor
Type
Tractor
Irrigators
Irrigators
Tractor
Tractor
Tractor
Irrigators
Tractor
75.00 Ac
4.23 Ac
Tractor
Tractor
75.00 Ac
4.23 Ac
2.40 Ct
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
F6 / 71