Table 9A. Income and Cash Operating Summary; Sweet Corn, 1998
COUNTY: Pinal
CROP:
Corn, Sweet
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
81.3 Ct / Acre
Item
INCOME ⇒
Ears
Page 40
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Crtn
81.30
Price/
Unit
$9.76
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Budgeted
/Acre
$793.49
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/23/98
Total
/Acre
$793.49
____________
73.00
____________
____________
____________
233.62
____________
____________
____________
____________
47.55
____________
____________
____________
26.34
46.66
89.74
134.88
9.00
16.16
31.39
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Your Farm
Budget
122.83
120.15
117.15
3.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------597.16
____________
____________
____________
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
Other/Contract
250.22
____________
____________
____________
60.29
____________
____________
____________
____________
45.50
204.72
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
Other Materials
20.38
39.90
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
135.68
-------------446.18
7.71
18.68
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
____________
____________
===================
$1,069.72
____________
($276.23)
____________
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 / 179
Table 9B. Allocations of Ownership Costs; Sweet Corn, 1998
COUNTY:Pinal
CROP:
Corn, Sweet
AREA:
Maricopa
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
81.3 Ct / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 41
$9.76 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$793.49
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/23/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$793.49
$1,069.72
$1,069.72
($276.23)
8.91
53.49
32.09
-------------94.49
($276.23)
8.91
53.49
32.09
-------------94.49
1,164.21
1,164.21
($370.72)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($370.72)
56.68
22.06
-------------78.74
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($370.72)
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 ---------------------------------------->
($495.72)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
($449.47)
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
85.58
-------------219.49
-------------383.81
=============
=============
TOTAL COST
$1,289.21
$1,453.53
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($495.72)
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
($574.47)
$13.16
$2.70
$15.86
($660.04)
$13.16
$4.72
$17.88
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 179
Table 9C. Variable Operating Costs; Sweet Corn, 1998
COUNTY:Pinal
CROP:
Corn, Sweet
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Mar
Mar
Apr
Apr
Jun
Jun
Aug
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
81.3 Ct / Acre
---- Hours * ---Machine Labor
Rip
Disk
Soil Fertility
Apply Fert/Ground
List
Buck Rows
Preirrigate
Disk Ends
Apply Herbicide/Ground
Plant
Irrigate/Run Fertilizer
Cultivate
Apply Insect./Ground
Pick and Load
Haul 1
Disk Residue
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Page 42
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.225
0.225
0.250
0.250
3.44
4.01
2.05
2.05
0.090
0.225
0.045
0.100
0.250
0.050
0.333
0.050
0.667
0.400
0.667
0.167
0.88
3.02
0.43
0.82
2.05
0.41
2.27
0.41
5.46
3.28
4.55
1.14
10.00
0.556
0.250
54.14
6.15
4.01
7.71
3.00
0.045
0.600
0.360
0.150
0.57
8.90
5.87
1.66
34.98
22.33
9.00
117.15
17.25
4.75
4.500
0.500
0.225
1.000
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/23/98
229.66
20.56
2.05
17.73
135.68
Tot. Cash
Expense
Times
5.49
6.05
3.00
36.68
5.06
0.84
24.61
0.98
23.37
126.29
21.80
2.80
22.48
419.48
26.71
6.05
1.0
3.0
1.0
1.0
1.0
6.0
1.0
5.0
1.0
1.0
9.0
3.0
6.0
1.0
1.0
1.0
5.49
18.16
3.00
36.68
5.06
5.04
24.61
4.88
23.37
126.29
196.22
8.39
134.88
419.48
26.71
6.05
7.71
18.68
18.68
Class
L
L
G
G
L
G
G
G
G
L
G
G
G
H
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
109.02
301.00
50.18
580.79
1069.72
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)
161.06
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
436.09
446.18
0.00
0.00
26.39
=============
Total (T)
$1,069.72
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
61.0
73.2
81.3
89.4
101.6
Break-even Yield
$7.32
$8.78
$9.76
$10.74
$12.20 Break-even Price
-383.01
-335.27
-303.43
-271.60
-223.86
-293.74
-228.14
-184.41
-140.68
-75.08
-234.23
-156.73
-105.06
-53.39
24.11
-174.72
-85.32
-25.71
33.89
123.29
-85.45
21.80
93.31
164.82
272.07
158.80
115.58
97.83
84.81
70.69
13.60
11.90
11.05
10.36
9.52
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 179
Table 9D. Resource and Cash Flow Requirements; Sweet Corn, 1998
COUNTY:Pinal
CROP:
Corn, Sweet
AREA:
Maricopa
Month *
Number
Irrigations
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
81.3 Ct / Acre
Water
Applied
FEB C
1.0
MAR C
1.0
APR C
2.0
MAY C
2.0
JUN C
2.0
JUL C
2.0
Pickup Use30 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
10.0
Total
Labor (Hrs)
8.0
4.0
8.0
8.0
8.0
8.0
Page 43
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.15
1.42
1.60
1.87
36.99
1.58
22.33
11.17
22.33
22.33
22.33
22.33
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/23/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
20.26
10.68
2.60
2.60
61.26
3.92
7.71
15.10
10.69
6.51
6.51
255.59
6.60
43.98
6.08
29.90
29.90
47.63
47.63
3.00
18.68
104.69
189.26
66.09
66.09
531.99
89.98
7.71
18.68
50.18
4.69
1069.72
100.00
145.89
135.68
4.75
4.75
9.50
9.50
**
44.0
45.61
122.83
11.48
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
213.1
Total P
96.0
Total K
0.0
Total Labor
45.6
Total Water
44.0
109.03
10.19
301.00
28.14
205.12
19.18
281.57
26.32
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
48.1 Gal
Unleaded Gas
3.0 Gal
All Direct Energy
7.0 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Directed Spray Rig, 16
0.60 Hr
Offset Disk, 13.5'
0.23 Hr
Planter, Drill Type, 6 Row
0.36 Hr
Rowbuck, 10'
0.27 Hr
Tractor, 150 PTO HP
1.13 Hr
Fertilizer Broadcaster,
Offset Disk, 16.5'
Power Mulcher, 4 Rw
Tractor, 100 PTO HP
V-Ripper, 5 Shnk
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
200.00 Lb
Cypermethrin
12.00 Oz
Water, District
44.00 AI
32-00-00, URAN 32, Lqd
Methomyl
Wirebound Crates
54.00 Ga
12.00 Pt
80.00 Ct
Alachlor
Sweet Corn (Super
LABOR REQUIREMENT ( per Acre)
Irrigators
6.84 Hr
Other
30.00 Hr
Tractor
0.09
0.90
0.60
6.99
0.22
Hr
Hr
Hr
Hr
Hr
Lister, 5 Bottom
Pickup Truck, 1/2 Ton
Rolling Cultivator, 6 Rw
Tractor, 125 PTO HP
Vegetable Trailer Flat Bed
0.22
1.00
0.45
0.22
5.00
Hr
Hr
Hr
Hr
Hr
2.50 Pt
12.00 Lb
8.77 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 / 179
Table 9E. Schedule of Operations; Sweet Corn, 1998
COUNTY:Pinal
CROP:
Corn, Sweet
AREA:
Maricopa
First
No.MonthTimes
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
81.3 Ct / Acre
Operation
Page 44
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
1.0
3.0
1.0
1.0
1.0
6.0
1.0
5.0
1.0
Job Rate
Acres/Hr
TILLAGE: Conventional
SOIL:
Sandy-Loam
DATE:
11/23/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
4
5
6
7
8
9
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
Feb
10
11
Mar
Mar
Rip
150 V-Ripper, 5 Shnk
Disk
150 Offset Disk, 16.5'
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
100 Fertilizer Broadcaster,
List
125 Lister, 5 Bottom
Buck Rows
100 Rowbuck, 10'
Preirrigate
Disk Ends
100 Offset Disk, 13.5'
Apply Herbicide/Ground100 Directed Spray Rig, 16
Power Mulcher, 4 Rw
1.0 Plant
100 Planter, Drill Type, 6 Row
9.0 Irrigate/Run Fertilizer
4.00
4.00
12
13
Apr
Apr
3.0 Cultivate
6.0 Apply Insect./Ground
100 Rolling Cultivator, 6 Rw
CST Air Spray, 5 Gal Mix
14
Jun
1.0 Pick and Load
100 Vegetable Trailer Flat Bed
2.50 Sweet Corn (Super
1.50 Water, District
32-00-00, URAN 32,
6.00
Methomyl
Cypermethrin
0.20 Wirebound Crates
15
16
Jun
Aug
1.0 Haul
1.0 Disk Residue
Pickup use 30 Mi/Ac
100 Vegetable Trailer Flat Bed
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
1.80
4.00
1.00
Labor
Type
Tractor
Tractor
3.00 Ac
10.00 11-48-00, Dry
4.00
20.00
3.00 Water, District
20.00
1.50 Alachlor
200.00 Lb 330.00 Tn
8.00 AI
33.50 AF
2.50 Pt
27.18 Ga
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
12.00 Lb
9.21 Lb
4.00 AI 33.50 AF
6.00 Ga 173.00 Tn
Tractor
Irrigators
Irrigators
2.00 Pt 49.05 Ga
2.00 Oz 285.64 Ga
80.00 Ct
1.60 Ct
4.75 Ac
Tractor
Other
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
F 23 / 179