Table 8A. Income and Cash Operating Summary; Generic Squash, 1998
COUNTY: Pinal
CROP:
Squash, Summer
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
190.0 Ct / Acre
Item
INCOME ⇒
Squash
Page 35
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Crtn
190.00
Price/
Unit
$7.58
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Budgeted
/Acre
$1,440.20
Total
/Acre
Your Farm
Budget
$1,440.20
____________
104.10
____________
____________
____________
____________
93.92
____________
____________
____________
____________
46.60
____________
____________
____________
89.33
____________
560.14
____________
____________
____________
57.94
41.61
4.55
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
52.70
5.18
36.04
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
16.64
29.96
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
9/2/99
485.14
75.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------894.10
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Other/Contract
89.92
Farm Machinery and Vehicles
Gasoline
Repairs and Maintenance
Other Materials
36.46
41.30
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
89.92
____________
____________
77.76
____________
____________
____________
____________
191.33
-------------359.01
2.57
34.60
=============
$1,290.28
$149.92
____________
____________
____________
===================
____________
____________
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 / 75
Table 8B. Allocations of Ownership Costs; Generic Squash, 1998
COUNTY:Pinal
CROP:
Squash, Summer
AREA:
Maricopa
Item
TOTAL INCOME at
Page 36
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
190.0 Ct / Acre PREVIOUS CROP:
Cotton, Upland
$7.58 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,440.20
$1,290.28
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
9/2/99
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$1,440.20
$149.92
15.29
64.51
38.71
-------------118.52
$1,290.28
$149.92
15.29
64.51
38.71
-------------118.52
1,408.79
1,408.79
$31.41
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$31.41
68.54
34.37
-------------102.91
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$31.41
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
100.00
100.00
25.00
25.00
--------------------------Total Land Costs
125.00
125.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($93.59)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
($71.50)
Land Cost / Rent or Lease
Water Assessment
Management Services (8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------243.52
103.22
-------------449.65
=============
=============
TOTAL COST
$1,533.79
$1,739.92
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($93.59)
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
$6.79
$1.28
$8.07
($196.50)
($299.72)
$6.79
$2.37
$9.16
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 75
Table 8C. Variable Operating Costs; Generic Squash, 1998
COUNTY:Pinal
CROP:
Squash, Summer
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
May
Jun
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
190.0 Ct / Acre
---- Hours * ---Machine Labor
Rip
Plow
Disk
Landplane
Apply Fert/Ground
List
Plant
Apply Herbicide/Ground
Buck Rows
Irrigate
Disk Ends
Cultivate
Thinning
Apply Insect./Ground
Cultivate
Apply Fert/Ground
Harvest, Load & Haul
Disk Residue
Pickup Use10 Mi/Acre
Operating Interest at 10.0
0.300
0.900
0.180
0.225
0.090
0.300
0.600
0.225
0.045
0.023
0.900
0.225
0.900
0.900
5.000
0.150
0.333
Page 37
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.333
1.000
0.200
0.250
0.100
0.333
1.334
0.250
0.050
0.667
0.025
1.000
3.61
7.25
1.15
2.74
0.67
1.99
8.16
0.98
0.18
0.250
1.000
1.000
10.00
0.167
0.98
4.04
7.25
77.76
0.95
2.57
0.13
4.04
2.73
8.19
1.64
2.05
0.82
2.73
10.01
2.05
0.41
5.20
0.20
8.19
22.74
485.14
36.04
11.17
75.00
2.05
8.19
8.19
89.92
1.37
5.18
29.97
191.33
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
9/2/99
Tot. Cash
Expenses
Times
6.33
15.44
2.78
4.78
24.23
4.71
503.31
39.07
0.59
16.37
0.34
12.22
75.00
8.21
12.22
45.40
359.01
2.32
1.0
1.0
3.0
1.0
1.0
1.0
1.0
1.0
2.0
8.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
6.33
15.44
8.35
4.78
24.23
4.71
503.31
39.07
1.19
130.95
0.34
12.22
75.00
8.21
12.22
45.40
359.01
2.32
2.57
34.60
34.60
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
1,290.28
Class
L
L
L
L
G
L
L
G
G
G
G
G
G
G
G
G
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 $25.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
545.26
Growing (G)
348.84
Harvest (H)
359.01
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
37.17
=============
Total (T)
$1,290.28
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$5.68
$6.82
$7.58
$8.34
$9.48 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
+ 25%
142.5
171.0
190.0
209.0
237.5
Break-even Yield
-380.28
-269.70
-195.99
-122.27
-11.70
-218.26
-75.28
20.04
115.36
258.34
-110.24
54.34
164.06
273.78
438.37
-2.23
183.96
308.08
432.21
618.39
159.80
378.39
524.11
669.84
888.43
240.51
186.01
161.59
142.84
121.67
8.35
7.26
6.72
6.27
5.73
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 75
Table 8D. Resource and Cash Flow Requirements; Generic Squash, 1998
COUNTY:Pinal
CROP:
Squash, Summer
AREA:
Maricopa
Month *
Number
Irrigations
FEB C
MAR C
APR C
2.0
MAY C
3.0
JUN C
3.0
Pickup Use10 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
8.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
190.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
8.0
12.0
12.0
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.08
1.87
4.96
5.80
17.37
Page 38
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
22.33
33.50
33.50
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
9/2/99
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
16.56
11.29
17.79
15.55
63.16
2.57
17.06
14.38
40.09
33.59
88.91
22.74
34.60
56.36
510.81
226.40
120.91
338.64
2.57
34.60
109.60
8.49
1,290.28
100.00
485.14
71.19
75.00
38.27
153.06
**
32.0
32.08
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
115.5
Total P
62.4
Total Labor
32.1
Total Water
32.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.60 Hr
Fertilizer Broadcaster,
0.09 Hr
Lister, 5 Bottom
0.30 Hr
Offset Disk, 10.5'
0.02 Hr
Pickup Truck, 1/2 Ton
0.33 Hr
Tractor, 50 PTO HP,
3.26 Hr
Tractor, 150 PTO HP,
0.52 Hr
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
130.00 Lb
DCPA
5.00 Lb
Water, District
32.00 AI
LABOR REQUIREMENT ( per Acre)
Cutter
14.00 Hr
Tractor
7.07 Hr
89.33
6.92
126.93
9.84
194.02
15.04
93.93
7.28
676.47
52.43
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
21.9 Gal
Unleaded Gas
28.5 Gal
All Direct Energy
6.6 M BTU
Cultivator, Sweep, 3 Rw
Flat Trailer
Manual Spray Rig, 150 g
Offset Disk, 8'
Planter, Drill Type, 4 Row
Tractor, 70 PTO HP,
V-Ripper, 5 Shnk
46-00-00, Urea 46
Diazinon
Irrigators
Truck Driver
1.80
5.00
0.45
0.69
0.60
1.89
0.30
Hr
Hr
Hr
Hr
Hr
Hr
Hr
220.00 Lb
1.50 Pt
5.34 Hr
5.00 Hr
Fert. Side Dress Unit,
Landplane 12'X 45'
Moldboard Plow, 3-16 2
Pickup Truck, 1 Ton
Rowbuck, 10'
Tractor, 100 PTO HP,
Boxes & Supplies
Summer Squash
Other
0.90
0.22
0.90
5.00
0.09
0.69
Hr
Hr
Hr
Hr
Hr
Hr
190.00 Ct
12.00 Lb
0.67 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.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 75
Table 8E. Schedule of Operations; Generic Squash, 1998
COUNTY:Pinal
CROP:
Squash, Summer
AREA:
Maricopa
First
No.Month Times
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
190.0 Ct / Acre
Operation
1
2
3
4
5
6
7
Feb
Feb
Feb
Feb
Feb
Mar
Mar
1.0
1.0
3.0
1.0
1.0
1.0
1.0
8
9
10
11
12
13
14
15
16
17
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
May
1.0
2.0
8.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
18
Jun
1.0 Disk Residue
Pickup use 10 Mi/Ac
Equipment/ Custom Oper
HP Self-Prop./ Implement
Rip
Plow
Disk
Landplane
Apply Fert/Ground
List
Plant
150 V-Ripper, 5 Shnk
70 Moldboard Plow, 3-16 2
70 Offset Disk, 8'
150 Landplane 12'X 45'
100 Fertilizer Broadcaster,
70 Lister, 5 Bottom
100 Planter, Drill Type, 4 Row
Bed Shaper, 4 Rw
Apply Herbicide/Ground 50 Manual Spray Rig, 150 g on
Buck Rows
50 Rowbuck, 10'
Irrigate
Disk Ends
50 Offset Disk, 10.5'
Cultivate
50 Cultivator, Sweep, 3 Rw
Thinning
CST Thinning
Apply Insect./Ground
50 Manual Spray Rig, 150 g on
Cultivate
50 Cultivator, Sweep, 3 Rw
Apply Fert/Ground
50 Fert. Side Dress Unit, 4Row
Harvest, Load & Haul Pickup Truck, 1 Ton
70 Offset Disk, 8'
Pickup Truck, 1/2 Ton
Page 39
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
9/2/99
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
3.00
1.00
5.00
4.00
10.00 11-48-00, Dry
3.00
1.50 Summer Squash
4.00 DCPA
20.00
1.50 Water, District
40.00
1.00
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Tractor
Other
Tractor
Tractor
Irrigators
Tractor
Tractor
130.00 Lb 330.00 Tn
12.00 Lb
38.14 Lb
5.00 Lb
6.80 Lb
4.00 AI
33.50 AF
1.50 Pt
26.06 Ga
Labor
Type
75.00 Ac
4.00 Diazinon
1.00
1.00 46-00-00, Urea 46
0.07 Boxes & Supplies
6.00
3.00
220.00 Lb 257.00 Tn
190.00 Ct
0.95 Ct
Tractor
Tractor
Tractor
Truck
Cutter
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 / 75