Table 5A. Income and Cash Operating Summary; Dry Onions, 1998
COUNTY: Pinal
CROP:
Onions, Dry
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
954.0 Sk / Acre
Item
INCOME ⇒
Onions
Page 20
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Sack
954.00
Price/
Unit
$5.38
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Chemicals and Custom Applications
Fertilizer
Herbicide
Budgeted
/Acre
$5,132.52
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
Total
/Acre
Your Farm
Budget
$5,132.52
____________
73.48
____________
____________
____________
____________
240.20
____________
____________
____________
54.45
____________
____________
____________
36.63
30.03
6.82
109.18
131.02
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
17.82
36.63
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Serv. and Rentals
132.00
946.40
943.40
3.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------1446.52
____________
____________
____________
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
0.41
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.18
0.37
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
0.41
____________
____________
0.56
____________
____________
____________
2632.00
746.24
-------------3379.21
____________
____________
15.41
65.91
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$4,907.05
____________
$225.47
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $25.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 31
Table 5B. Allocations of Ownership Costs; Dry Onions, 1998
COUNTY:Pinal
CROP:
Onions, Dry
AREA:
Maricopa
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
954.0 Sk / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 21
$5.38 / Sk
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,132.52
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/12/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,132.52
$4,907.05
$4,907.05
$225.47
5.98
245.35
147.21
-------------398.55
$225.47
5.98
245.35
147.21
-------------398.55
5,305.60
5,305.60
($173.08)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($173.08)
34.46
13.80
-------------48.26
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($173.08)
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($447.00 X 16.0% X 0.169) 12.15
Opportunity Interest on Land (100% X 6.0 X $447.00)
Water Assessment
12.15
26.82
25.00
25.00
--------------------------Total Land Costs
37.15
63.97
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($210.23)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
($285.31)
392.56
-------------435.70
-------------903.34
=============
=============
TOTAL COST
$5,342.75
$5,810.39
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($210.23)
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
($221.34)
$5.14
$0.46
$5.60
($677.87)
$5.14
$0.95
$6.09
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 31
Table 5C. Variable Operating Costs; Dry Onions, 1998
COUNTY:Pinal
CROP:
Onions, Dry
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Oct
Oct
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Dec
Feb
Apr
May
May
May
Jun
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
954.0 Sk / Acre
---- Hours * ---Machine Labor
Disk
Plow
List
Buck Rows
Preirrigate
Soil Fertility
Disk Ends
Apply Fert/Ground
Plant
Apply Herbicide/Ground
Irrigate
Cultivate
Apply Fert/Ground
Prepare Ends
Harvest 800 Sk
Field Grade 800 Sk
Haul, Custom 800 Sk
Disk Residue 800 Sk
Pickup Use60 Mi/Acre
Operating Interest at 10.0
0.225
0.321
0.300
0.045
Page 22
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.250
0.357
0.333
0.050
0.800
4.01
5.47
4.02
0.26
2.05
2.92
2.73
0.41
5.46
24.00
3.00
0.045
0.180
0.900
0.225
0.225
0.300
0.045
0.050
0.200
2.000
0.250
0.400
0.250
0.333
0.050
0.31
1.09
14.87
1.54
2.37
3.97
0.57
0.41
1.64
15.01
2.05
2.73
2.05
2.73
0.41
48.34
943.40
65.51
12.00
30.42
1736.00
800.00
96.00
0.150
2.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
0.167
3.24
15.41
1.37
71.50
73.89
424.00
322.24
Tot. Cash
Expense
Times
6.05
8.40
6.75
0.67
29.46
3.00
0.72
51.06
973.29
69.10
14.73
4.41
37.12
0.98
2160.00
1122.24
96.00
4.61
3.0
1.0
1.0
3.0
1.0
1.0
2.0
1.0
1.0
2.0
9.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
18.16
8.40
6.75
2.02
29.46
3.00
1.43
51.06
973.29
138.19
132.57
4.41
74.24
0.98
2160.00
1122.24
96.00
4.61
15.41
65.91
65.91
Class
L
L
L
G
G
G
G
G
L
G
G
G
G
H
H
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
2700.91
2060.76
4907.05
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 $25.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
1,010.12
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
436.39
3,379.22
0.00
0.00
81.32
=============
Total (T)
$4,907.05
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
$4.03
$4.84
$5.38
$5.92
715.5 -1,176.33
858.6 -1,105.81
954.0 -1,058.79
1,049.4 -1,011.77
1,192.5
-941.25
-598.93
-412.92
-288.91
-164.91
21.10
-213.99
49.01
224.34
399.67
662.67
170.95
510.94
737.59
964.25
1,304.23
748.36
1,203.83
1,507.47
1,811.11
2,266.58
3,102.33 1,176.27
831.93
643.55
480.38
Break-even Yield
$6.73 Break-even Price
5.68
5.32
5.14
5.00
4.82
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 31
Table 5D. Resource and Cash Flow Requirements; Dry Onions, 1998
COUNTY:Pinal
CROP:
Onions, Dry
AREA:
Maricopa
Month *
Number
Irrigations
OCT P
NOV P
2.0
DEC P
1.0
JAN C
1.0
FEB C
1.0
MAR C
2.0
APR C
3.0
MAY C
JUN C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
10.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
954.0 Sk / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
12.0
4.0
4.0
4.0
8.0
12.0
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
0.86
4.33
0.95
0.50
0.73
1.13
1.25
Page 23
36.00
12.00
12.00
12.00
24.00
36.00
0.17
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/11/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
9.28
25.64
6.58
3.05
3.90
3.90
0.56
4.97
35.89
10.65
6.95
5.46
5.46
3.14
3.18
15.41
1.37
100.25
51.92
65.91
14.25
1144.18
81.15
22.00
51.78
63.78
39.70
3404.34
4.55
15.41
65.91
2700.91
55.04
4907.05
100.00
943.40
3.00
772.34
2632.00
30.42
30.42
**
44.0
9.92
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
252.4
Total P
212.0
Total K
0.0
Total Labor
9.9
Total Water
44.0
132.00
2.69
71.50
1.46
73.89
1.51
213.01
4.34
1715.74
34.96
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
23.7 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
4.0 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.90 Hr
Fertilizer Injector, 4 Row
0.60 Hr
Offset Disk, 13.5'
0.05 Hr
Offset Disk, 8'
0.09 Hr
Rowbuck, 10'
0.14 Hr
Tractor, 100 PTO HP
1.77 Hr
Tractor, 175 PTO HP
0.15 Hr
Cultivator, Sweep, 4 Rw
Lister, 5 Bottom
Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Saddle Tk Sprayer, 2 Tk 8
Tractor, 125 PTO HP
MATERIALS REQUIREMENT ( per Acre)
10-53-00, Dry
400.00 Lb
DCPA
20.00 Lb
Water, District
44.00 AI
32-00-00, URAN 32, Lqd
Onion Bags 50# Mesh
0.22
0.30
0.67
2.00
0.45
0.30
Hr
Hr
Hr
Hr
Hr
Hr
Fertilizer Broadcaster,
Moldboard Plow, 4-16 2
Offset Disk, 21'
Planter/Gramor, 4 Bd,8
Tractor, 60 PTO HP
Tractor, 150 PTO HP
0.18
0.32
0.15
0.90
0.86
1.00
60.00 Ga
800.00 Sk
Burlap Sacks
Onion Seed (Pelletized)
800.00 Sk
1000.00 Th
LABOR REQUIREMENT ( per Acre)
Irrigators
4.40 Hr
Other
1.00 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of $25.00 per Acre is included as an ownership cost in Table B.
Tractor
Hr
Hr
Hr
Hr
Hr
Hr
4.52 Hr
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 31
Table 5E. Schedule of Operations; Dry Onions, 1998
COUNTY:Pinal
CROP:
Onions, Dry
AREA:
Maricopa
First
No.MonthTimes
1
2
3
4
5
6
7
8
9
Oct
Oct
Nov
Nov
Nov
Nov
Nov
Nov
Nov
3.0
1.0
1.0
3.0
1.0
1.0
2.0
1.0
1.0
10
11
12
13
14
15
16
17
18
Nov
Nov
Dec
Feb
Apr
May
May
May
Jun
2.0
9.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
954.0 Sk / Acre
Operation
Disk
Plow
List
Buck Rows
Preirrigate
Soil Fertility
Disk Ends
Apply Fert/Ground
Plant
Page 24
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 Offset Disk, 16.5'
150 Moldboard Plow, 4-16 2
125 Lister, 5 Bottom
60 Rowbuck, 10'
CST Soil Analysis (Surface)
60 Offset Disk, 8'
60 Fertilizer Broadcaster,
100 Planter/Gramor, 4 Bd,8
Bed Shaper, 4 Rw
Apply Herbicide/Ground60 Saddle Tk Sprayer, 2 Tk 8
Irrigate
Cultivate
100 Cultivator, Sweep, 4 Rw
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Prepare Ends
100 Offset Disk, 13.5'
Harvest
CST Cut/Top/Field Sack Dry
Field Grade
CST Grade/Size/Pack Onions
Haul, Custom
CST Field Haul Dry Onions
Disk Residue
175 Offset Disk, 21'
Pickup use 60 Mi/Ac
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
2.80
3.00
20.00
1.25 Water, District
8.00 AI
Labor
Type
Tractor
Tractor
Tractor
Tractor
Irrigators
36.00 AF
3.00 Ac
20.00
5.00 10-53-00, Dry
400.00 Lb 228.00 Tn
1.00 Onion Seed (Pelletized)1000.00 Th
0.89 Th
4.00 DCPA
2.50 Water, District
4.00
3.00 32-00-00, URAN 32,
20.00
Burlap Sacks
Onion Bags 50# Mesh
6.00
0.50
10.00 Lb
4.00 AI
Tractor
Tractor
Tractor
Other
Tractor
Irrigators
Tractor
Tractor
Tractor
6.18 Lb
36.00 AF
30.00 Ga 173.00 Tn
800.00 Sk
800.00 Sk
0.50 Sk
0.38 Sk
2.17 Sk
1.00 Sk
0.12 Sk
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 23 / 31