Table 16A. Income and Cash Operating Summary; Spring Lettuce, 1998
COUNTY: Pinal
CROP:
Lettuce, Iceberg
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
470.0 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 75
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Crtn
470.00
Price/
Unit
$8.72
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Other Chemicals
Budgeted
/Acre
$4,098.40
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/11/98
Total
/Acre
Your Farm
Budget
$4,098.40
____________
49.84
____________
____________
____________
938.22
____________
____________
____________
____________
____________
72.09
____________
____________
____________
____________
32.55
17.29
148.59
679.87
68.77
40.99
Farm Machinery and Vehicles
Diesel Fuel
Gasoline
Repairs and Maintenance
16.00
14.20
41.89
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Serv. and Rentals
84.00
272.46
101.76
170.70
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------1416.61
____________
____________
____________
____________
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%
1128.00
438.42
-------------1566.42
____________
____________
15.41
27.30
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$3,025.74
____________
$1,072.66
____________
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 / 174
Table 16B. Allocations of Ownership Costs; Spring Lettuce, 1998
COUNTY:Pinal
CROP:
Lettuce, Iceberg
AREA:
Maricopa
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
470.0 Ct / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 76
$8.72 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,098.40
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/12/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,098.40
$3,025.74
$3,025.74
$1,072.66
8.12
151.29
90.77
-------------250.17
$1,072.66
8.12
151.29
90.77
-------------250.17
3,275.91
3,275.91
$822.49
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$822.49
37.17
10.60
-------------47.77
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$822.49
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
Land Cost / Ownership (100% Equity)
Property Taxes ($447.00 X 16.0% X 0.169 )
Opportunity Interest on Land (100% X 6.0 X $447.00)
Water Assessment
6.08
6.08
13.41
12.50
-------------31.99
12.50
-------------Total Land Costs
18.58
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$803.91
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$742.73
242.06
-------------268.75
-------------571.99
=============
=============
TOTAL COST
$3,294.49
$3,597.73
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$803.91
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
$774.72
$6.44
$0.57
$7.01
$500.67
$6.44
$1.22
$7.65
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 174
Table 16C. Variable Operating Costs; Spring Lettuce, 1998
COUNTY:Pinal
CROP:
Lettuce, Iceberg
AREA:
Maricopa
No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
First
Month
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Nov
Nov
Nov
Nov
Nov
Nov
Dec
Dec
Dec
Dec
Dec
Dec
Jan
Jan
Jan
Jan
Jan
Feb
Mar
Mar
Mar
Apr
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
470.0 Ct / Acre
---- Hours * ---Operation
Machine Labor
Rip
0.225
0.250
Disk
0.150
0.167
Laser Level
0.450
0.500
Make Borders
0.060
0.067
Preirrigate
0.667
Soil Fertility
Dust Control
0.009
0.010
Apply Fert/Ground
0.180
0.200
Apply Herbicide/Ground
0.225
0.250
List
0.225
0.250
Shape Beds
0.180
0.200
Plant
0.360
0.400
Make Ditches
0.023
0.025
Irrigate/Run Fertilizer
0.200
Field Scouting
Apply Insecticide/Air
Thinning
Cultivate
0.225
0.250
Apply Fungicide/Ground
0.015
0.017
Apply Insect./Ground
0.015
0.017
Bird Control
Make Ditches
0.011
0.013
Irrigate/Run Fertilizer
0.200
Hand Weeding
Apply Insect./Ground
0.015
0.017
Knock Borders
0.023
0.025
Knock Ditches
0.023
0.025
Harvest, Load & Haul 470
Disk Residue 470 Ct
0.150
0.167
Pickup Use60 Mi/Acre
2.000
Operating Interest at 10.0
Page 77
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/11/98
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
3.44
2.05
5.49
2.67
1.36
4.04
4.61
4.09
8.71
0.34
0.55
0.88
4.55
15.00
19.55
3.00
3.00
0.16
0.16
1.76
1.64
52.47
55.87
3.54
2.05
68.77
74.36
2.43
2.05
4.48
2.06
1.64
78.58
82.28
5.73
3.28
101.76
110.77
0.32
0.20
0.52
1.36
25.02
26.38
6.00
6.00
4.75
29.81
34.56
75.00
75.00
1.84
2.05
3.89
0.09
0.14
39.92
40.14
0.09
0.14
113.84
114.06
5.70
5.70
0.16
0.10
0.26
1.36
25.02
26.38
75.00
75.00
0.09
0.14
78.58
78.80
0.13
0.20
0.33
0.32
0.20
0.52
1128.00
438.42 1566.42
2.67
1.36
4.04
15.41
27.30
Times
1.3
4.0
2.0
1.0
2.0
1.0
170.0
1.0
1.0
1.0
1.0
1.0
1.0
5.0
2.0
3.0
1.0
1.0
1.0
3.0
1.0
2.0
1.0
1.0
2.0
1.0
1.0
1.0
1.0
Tot. Cash
Expense
7.13
16.15
17.42
0.88
39.10
3.00
26.72
55.87
74.36
4.48
82.28
110.77
0.52
131.92
12.00
103.69
75.00
3.89
40.14
342.17
5.70
0.52
26.38
75.00
157.60
0.33
0.52
1566.42
4.04
15.41
27.30
Class
L
L
L
G
G
G
G
G
G
L
L
L
G
G
G
G
G
G
G
G
G
G
G
G
G
G
G
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
88.47
49.84
1340.25
1548.14
3025.74
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)
242.26
Growing (G)
1,174.35
Harvest (H)
1,566.42
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
42.71
=============
Total (T)
$3,025.74
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$6.54
$7.85
$8.72
$9.59
$10.90 Break-even Price
- 25%
352.5
- 10%
423.0
Budgeted
470.0
+ 10%
517.0
Break-even Yield
-328.89
-102.79
47.95
198.69
455.05
132.18
450.50
662.71
874.93
323.23
439.56
819.35
1,072.55
1,325.75
270.91
746.94
1,188.21
1,482.39
1,776.57
233.17
1,208.01
1,741.49
2,097.15
2,452.81
192.86
7.47
6.78
6.44
6.16
Table 16D. Resource and Cash Flow Requirements; Spring Lettuce, 1998
COUNTY:Pinal
CROP:
Lettuce, Iceberg
AREA:
Maricopa
Month *
Number
Irrigations
Water
Applied
(inches)
OCT P
1.0
NOV P
1.0
DEC P
1.0
JAN C
2.5
FEB C
2.5
MAR C
APR C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
8.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
470.0 Ct / Acre
Total
Labor (Hrs)
5.0
5.0
3.0
7.5
7.5
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.96
2.82
0.98
0.95
0.84
0.39
0.28
Page 78
15.00
15.00
9.00
22.50
22.50
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/11/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
18.85
26.47
13.69
9.46
0.48
0.91
3.20
15.41
8.69
21.40
9.08
5.02
3.10
0.78
1.77
199.82
115.57
183.70
232.46
192.42
50.88
50.88
349.77
87.68
1.50
1.50
90.50
53.95
37.50
1082.88
45.12
27.30
44.04
315.07
288.72
274.63
296.04
1626.76
137.77
15.41
27.30
1340.25
44.29
3025.74
100.00
**
28.0
8.21
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
267.0
Total P
144.0
Total K
0.0
Total Labor
8.2
Total Water
28.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.18 Hr
Fertilizer Broadcaster,
0.18 Hr
Lister, 5 Bottom
0.22 Hr
Pickup Truck, 1/2 Ton
2.00 Hr
Section Harrow, 4 Section
0.22 Hr
Tractor, 70 PTO HP
0.22 Hr
Truck, 5 Ton w/1000 Gal
1.53 Hr
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
300.00 Lb
Cypermethrin
6.00 Oz
Lettuce Cartons
470.00 Ct
Spreader-activator
9.60 Oz
Water, District
28.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
2.53 Hr
84.00
2.78
88.47
2.92
49.84
1.65
923.97
30.54
539.21
17.82
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
21.1 Gal
Unleaded Gas
16.7 Gal
All Direct Energy
5.1 M BTU
Border Disk, 6' Disk
High Clearance Sprayer,
Motor Grader, 12'
Planter, Stanhay, 4 Row
Sled Cultivator, 4Rw
Tractor, 100 PTO HP
V-Ripper, 5 Shnk
0.08
0.09
0.07
0.36
0.22
2.07
0.29
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Drag Scraper, 14'
Laser, Complete System
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8
Tractor, 60 PTO HP
Tractor, 150 PTO HP
20-00-00, Amm. Nitrate,
Head Lettuce Sd
Pronamide
Thiodicarb
120.00
160.00
2.00
6.00
Ga
Th
Lb
Ga
Benefin
Imidacloprid
Spinosad
Vinclozolin
3.98 Hr
Truck Driver
Tractor
0.90
0.90
0.98
0.41
0.08
1.04
Hr
Hr
Hr
Hr
Hr
Hr
2.00
48.00
18.00
2.00
Pt
Oz
Oz
Pt
1.70 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 / 174
Table 16E. Schedule of Operations; Spring Lettuce, 1998
COUNTY:Pinal
CROP:
Lettuce, Iceberg
AREA:
Maricopa
First
No.Month Times
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
470.0 Ct / Acre
Operation
1.3 Rip
4.0 Disk
2.0 Laser Level
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1
2
3
Oct
Oct
Oct
4
5
6
7
8
9
Oct
Oct
Oct
Oct
Nov
Nov
1.0
2.0
1.0
170.0
1.0
1.0
10
11
Nov
Nov
1.0
1.0
12
13
14
Nov
Nov
Dec
1.0
1.0
5.0
Make Borders
Preirrigate
Soil Fertility
CST Soil Analysis (Surface)
Dust Control
Truck, 5 Ton w/1000 Gal Tank
Apply Fert/Ground
100 Fertilizer Broadcaster,
Apply Herbicide/Ground 100 Saddle Tk Sprayer, 2 Tk 8
Offset Disk, 16.5'
Section Harrow, 4 Section
List
100 Lister, 5 Bottom
Shape Beds
100 Saddle Tk Sprayer, 2 Tk 8
Bed Shaper, 4 Rw
Plant
100 Planter, Stanhay, 4 Row
Make Ditches
Motor Grader, 12'
Irrigate/Run Fertilizer
15
16
17
18
19
20
Dec
Dec
Dec
Dec
Dec
Jan
2.0
3.0
1.0
1.0
1.0
3.0
Field Scouting
CST Scout For Insects
Apply Insecticide/Air
CST Air Spray, 5 Gal Mix
Thinning
CST Thinning
Cultivate
70 Sled Cultivator, 4Rw
Apply Fungicide/GroundHigh Clearance Sprayer, 18
Apply Insect./Ground
High Clearance Sprayer, 18
21
22
23
Jan
Jan
Jan
1.0 Bird Control
2.0 Make Ditches
1.0 Irrigate/Run Fertilizer
CST Bird Control
Motor Grader, 12'
24
25
Jan
Feb
1.0 Hand Weeding
2.0 Apply Insect./Ground
CST Hand Weeding
High Clearance Sprayer, 18
26
27
28
29
Mar
Mar
Mar
Apr
1.0
1.0
1.0
1.0
60 Border Disk, 6' Disk
Motor Grader, 12'
CST Harvest-Load-Haul
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
Knock Borders
Knock Ditches
Harvest, Load & Haul
Disk Residue
Pickup use 60 Mi/Ac
Page 79
150 V-Ripper, 5 Shnk
150 Offset Disk, 16.5'
100 Drag Scraper, 14'
Laser, Complete System
60 Border Disk, 6' Disk
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/11/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
4.00
6.00
2.00
Labor
Type
Tractor
Tractor
Tractor
15.00
1.50 Water, District
5.00 AI
Tractor
Irrigators
36.00 AF
3.00 Ac
100.00
5.00 11-48-00, Dry
4.00 Benefin
Pronamide
4.00
5.00 Imidacloprid
16.00 Oz 591.67
Spreader-activator
1.60 Oz 13.50
2.50 Head Lettuce Sd
160.00 Th
0.60
40.00
5.00 Water, District
3.00 AI 36.00
20-00-00, Amm. Nitrate, 20.00 Ga 155.00
Spinosad
4.00
60.00 Vinclozolin
60.00 Thiodicarb
Cypermethrin
Spreader-activator
Truck
Tractor
Tractor
300.00 Lb 330.00 Tn
2.00 Pt
9.08 Ga
2.00 Lb 23.36 Lb
Tractor
Tractor
Irrigators
AF
Tn
6.00 Oz 600.00 Ga
2.00
2.00
2.00
1.60
Tractor
Tractor
Ga
Ga
Th
6.00 Ac
4.75 Ac
75.00 Ac
Tractor
Tractor
Tractor
Pt 150.63 Ga
Ga 51.38 Ga
Oz 285.64 Ga
Oz 13.50 Ga
5.70 Ac
80.00
5.00 Water, District
20-00-00, Amm. Nitrate,
Tractor
Irrigators
3.00 AI 36.00 AF
20.00 Ga 155.00 Tn
75.00 Ac
60.00 Imidacloprid
Spreader-activator
40.00
40.00
Lettuce Cartons
6.00
0.50
16.00 Oz 591.67 Ga
1.60 Oz 13.50 Ga
Tractor
Tractor
Tractor
470.00 Ct
0.88
Ct
2.40 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 / 174