Table 7A. Income and Cash Operating Summary; Spring Cantaloupe, 1998
COUNTY: Pinal
CROP:
Cantaloupes
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Item
INCOME ⇒
Melons
Page 30
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Crtn
212.00
Price/
Unit
$11.03
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
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$2,338.36
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/23/98
Total
/Acre
Your Farm
Budget
$2,338.36
____________
90.94
____________
____________
____________
____________
180.16
____________
____________
____________
42.12
____________
____________
____________
40.99
45.52
4.44
129.65
50.51
16.26
25.86
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
111.67
263.06
20.06
243.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------687.94
____________
____________
____________
____________
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%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
418.60
157.30
-------------575.90
____________
____________
7.71
19.99
____________
____________
=============
$1,291.54
$1,046.82
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $12.50 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 172
Table 7B. Allocations of Ownership Costs; Spring Cantaloupe, 1998
COUNTY:Pinal
CROP:
Cantaloupes
AREA:
Maricopa
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
212.0 Ct / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 31
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$11.03 / Ct
$2,338.36
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$1,291.54
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/23/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,338.36
$1,291.54
$1,046.82
4.99
64.58
38.75
-------------108.31
$1,046.82
4.99
64.58
38.75
-------------108.31
1,399.85
1,399.85
$938.51
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$938.51
27.64
12.08
-------------39.72
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$938.51
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Rent or Lease
Land Cost / Ownership (100% Equity)
Property Taxes ($447.00 X 16.0% X 0)
Opportunity Interest on Land (100% X 6.0 X $447.00)
Water Assessment
100.00
100.00
12.50
12.50
--------------------------Total Land Costs
112.50
112.50
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$826.01
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$786.29
103.32
-------------220.81
-------------363.86
=============
=============
TOTAL COST
$1,512.35
$1,655.40
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$826.01
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
$898.79
$6.09
$1.04
$7.13
$682.96
$6.09
$1.72
$7.81
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 172
Table 7C. Variable Operating Costs; Spring Cantaloupe, 1998
COUNTY:Pinal
CROP:
Cantaloupes
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
May
May
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
212.0 Ct / Acre
---- Hours * ---Machine Labor
Disk
Plow
Laser Level
Soil Fertility
Apply Fert/Ground
Apply Herbicide/Ground
Incorporate Herbicide
List
Plant
Buck Rows
Irrigate
Disk Ends
Cultivate
Apply Fert/Ground
Thinning
Hand Weeding
Apply Fert/Ground
Pollinate
Pick and Load 212 Ct
Haul, Custom 360 Ct
Disk Residue 360 Ct
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 32
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.150
0.450
0.450
0.167
0.500
1.000
2.39
6.35
4.37
1.37
4.09
7.51
0.180
0.225
0.225
0.225
0.360
0.023
0.200
0.250
0.250
0.250
0.800
0.025
0.667
0.025
0.250
0.286
1.39
1.42
2.25
1.97
4.98
0.10
1.64
2.05
2.05
2.05
6.01
0.20
4.55
0.20
2.05
2.34
3.00
0.023
0.225
0.257
0.14
1.46
2.87
34.98
50.51
20.06
11.17
54.71
75.00
75.00
0.257
0.286
2.87
2.34
39.96
15.00
328.60
90.00
0.180
1.000
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/23/98
0.200
1.89
7.71
1.64
50.80
90.94
157.30
3.76
10.44
11.87
3.00
38.01
53.98
4.30
4.02
31.04
0.30
15.72
0.34
3.51
59.93
75.00
75.00
45.18
15.00
485.90
90.00
3.53
Tot. Cash
Expense
Times
2.0
1.0
0.5
1.0
1.0
1.0
1.0
1.0
1.0
6.0
10.0
6.0
6.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
7.51
10.44
5.94
3.00
38.01
53.98
4.30
4.02
31.04
1.81
157.18
2.04
21.03
59.93
75.00
150.00
45.18
15.00
485.90
90.00
3.53
7.71
19.99
19.99
TOTAL CASH OPERATING EXPENSES (includes all times over):
681.59
=============
469.19
1291.54
Class
L
L
L
G
G
G
G
L
L
G
G
G
G
G
G
G
G
G
H
H
L
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 $12.50 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
62.47
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
Total (T)
625.47
575.90
0.00
0.00
27.70
=============
$1,291.54
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
159.0
190.8
212.0
233.2
Break-even Yield
$8.27
$9.93
$11.03
$12.13
$13.79 Break-even Price
169.26
345.94
463.73
581.52
432.33
661.62
814.48
967.35
607.71
872.07
1,048.32
1,224.56
783.08
1,082.53
1,282.16
1,481.78
1,046.15
1,398.20
1,632.91
1,867.61
128.53
99.04
85.90
75.84
64.51
7.21
6.46
6.09
5.78
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 172
Table 7D. Resource and Cash Flow Requirements; Spring Cantaloupe, 1998
COUNTY:Pinal
CROP:
Cantaloupes
AREA:
Maricopa
Month *
Number
Irrigations
FEB C
MAR C
4.0
APR C
3.0
MAY C
3.0
JUN C
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
10.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
16.0
12.0
12.0
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.28
4.58
2.91
2.35
0.20
Page 33
44.67
33.50
33.50
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/23/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
19.62
15.51
4.46
1.65
1.85
7.71
39.16
30.58
12.55
7.01
1.64
85.00
54.22
39.96
20.06
78.65
78.65
3.00
75.00
165.00
205.00
213.60
19.99
146.78
240.04
255.47
325.81
295.74
7.71
19.99
681.59
52.77
1291.54
100.00
**
40.0
12.33
111.67
8.65
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
101.9
Total P
152.6
Total K
28.3
Total Labor
12.3
Total Water
40.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.36 Hr
Drag Scraper, 10'
0.22 Hr
Laser, Complete System
0.22 Hr
Offset Disk, 10.5'
0.14 Hr
Offset Disk, 18'
0.30 Hr
Rowbuck, 10'
0.14 Hr
Tractor, 100 PTO HP,
1.68 Hr
MATERIALS REQUIREMENT ( per Acre)
10-10-05, Lqd
30.00 Ga
Bensulide
10.00 Pt
Water, District
40.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
6.67 Hr
50.80
3.93
90.94
7.04
179.18
13.87
177.36
13.73
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
21.4 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
3.3 M BTU
Cultivator, Sweep, 4 Rw
Fertilizer Broadcaster,
Lister, 5 Bottom
Offset Disk, 12'
Pickup Truck, 1/2 Ton
Tractor, 50 PTO HP,
Tractor, 125 PTO HP,
11-48-00, Dry
Cantaloupe Cartons
Other
1.35
0.18
0.22
0.22
1.00
0.28
0.22
Hr
Hr
Hr
Hr
Hr
Hr
Hr
200.00 Lb
212.00 Ct
0.65 Hr
Directed Spray Rig, 8
Fertilizer Injector, 4 Row
Moldboard Plow, 4-16 2
Offset Disk, 13.5'
Planter, Drill Type, 4 Row
Tractor, 70 PTO HP,
Tractor, 150 PTO HP,
15-08-04, Lqd
Cantaloupe Sd
Tractor
0.22
0.51
0.45
0.18
0.36
1.57
0.75
Hr
Hr
Hr
Hr
Hr
Hr
Hr
30.00 Ga
2.00 Lb
5.01 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of
$12.50 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 / 172
Table 7E. Schedule of Operations; Spring Cantaloupe, 1998
COUNTY:Pinal
CROP:
Cantaloupes
AREA:
Maricopa
First
No.Month Times
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
212.0 Ct / Acre
Operation
Page 34
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 Offset Disk, 18'
150 Moldboard Plow, 4-16 2
125 Drag Scraper, 10'
Laser, Complete System
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
100 Fertilizer Broadcaster,
Apply Herbicide/Ground 70 Directed Spray Rig, 8 Row
Incorporate Herbicide 100 Offset Disk, 12'
List
100 Lister, 5 Bottom
Plant
100 Planter, Drill Type, 4 Row
Bed Shaper, 4 Rw
Buck Rows
50 Rowbuck, 10'
Irrigate
Disk Ends
50 Offset Disk, 10.5'
Cultivate
70 Cultivator, Sweep, 4 Rw
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Thinning
CST Thinning
Hand Weeding
CST Thinning
Apply Fert/Ground
100 Fertilizer Injector, 4 Row
Pollinate
CST Bee Hive Rental
Pick and Load
CST Cut & Load Melons
Haul, Custom
CST Haul Melons
Disk Residue
100 Offset Disk, 13.5'
Pickup use 30 Mi/Ac
Pickup Truck, 1/2 Ton
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/23/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
Feb
Feb
Feb
2.0 Disk
1.0 Plow
0.5 Laser Level
6.00
2.00
2.00
4
5
6
7
8
9
Feb
Feb
Feb
Feb
Feb
Mar
1.0
1.0
1.0
1.0
1.0
1.0
5.00 11-48-00, Dry
4.00 Bensulide
4.00
4.00
2.50 Cantaloupe Sd
10
11
12
13
14
15
16
17
18
19
20
21
Mar
Mar
Mar
Mar
Mar
Mar
Apr
Apr
Apr
May
May
May
6.0
10.0
6.0
6.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
Labor
Type
Tractor
Tractor
Tractor
Other
3.00 Ac
40.00
1.50 Water, District
40.00
4.00
3.50 15-08-04, Lqd
200.00 Lb 330.00 Tn
10.00 Pt 38.12 Ga
2.00 Lb
9.46 Lb
4.00 AI
33.50 AF
Tractor
Tractor
Tractor
Tractor
Tractor
Other
Tractor
Irrigators
Tractor
Tractor
Tractor
30.00 Ga 310.00 Tn
75.00 Ac
75.00 Ac
3.50 10-10-05, Lqd
Cantaloupe Cartons
5.00
1.00
30.00 Ga 251.33 Tn
212.00 Ct
0.70
Ct
Tractor
15.00 Ac
1.55 Ct
0.25 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 23 / 172