Table 6A. Income and Cash Operating Summary; Watermelons, 1998
COUNTY: Pinal
CROP:
Watermelons
AREA:
Maricopa
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
17.0 Tn / Acre
Item
INCOME ⇒
Melons
Page 25
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Unit
Quantity
Price/
Unit
Ton
17.00
$123.00
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Budgeted
/Acre
$2,091.00
Total
/Acre
Your Farm
Budget
$2,091.00
____________
87.74
____________
____________
____________
138.42
____________
____________
____________
____________
52.21
____________
____________
____________
43.38
44.36
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
73.92
25.19
39.30
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
19.32
32.89
Irrigation Water (excluding labor)
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
TILLAGE: Conventional
SOIL:
Sandy-loam
DATE:
11/23/98
181.46
631.09
88.09
543.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------1090.91
____________
____________
____________
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
163.78
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
33.78
89.16
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
163.78
____________
____________
122.94
____________
____________
____________
170.00
486.54
-------------943.27
____________
____________
15.41
40.17
____________
____________
=============
$2,089.76
$1.24
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $25.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 213
Table 6B. Allocations of Ownership Costs; Watermelons, 1998
COUNTY:Pinal
CROP:
Watermelons
AREA:
Maricopa
FARM: Pinal Vegetables 98
WATER SOURCE:
Maricopa-Stanfield Irrig.
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
17.0 Tn / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 26
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$123.00 / Tn
$2,091.00
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$2,089.76
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Conventional
SOIL:
Sandy-loam
DATE:
11/23/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$2,091.00
$2,089.76
$1.24
15.51
104.49
62.69
-------------182.69
$1.24
15.51
104.49
62.69
-------------182.69
2,272.45
2,272.45
($181.45)
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
($181.45)
105.61
20.36
-------------125.96
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
($181.45)
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 ---------------------------------------->
($306.45)
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
($307.41)
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
167.18
-------------307.69
-------------600.84
=============
=============
TOTAL COST
$2,397.45
$2,690.59
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
($306.45)
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
($432.41)
$122.93
$18.10
$141.03
($599.59)
$122.93
$35.34
$158.27
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 213
Table 6C. Variable Operating Costs; Watermelons, 1998
COUNTY:Pinal
CROP:
Watermelons
AREA:
Maricopa
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Dec
Dec
Dec
Dec
Dec
Dec
Jan
Jan
Jan
Jan
Feb
Feb
Feb
Mar
Apr
Apr
Apr
Apr
Apr
Jun
Jun
Jun
Jul
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
17.0 Tn / Acre
---- Hours * ---Machine Labor
Rip
Disk
Landplane
List
Buck Rows
Preirrigate
Disk Ends
Plant
Soil Fertility
Apply Fert/Ground
Irrigate
Cultivate
Thinning
Hand Weeding
Apply Fert/Ground
Pollinate
Turn Vines
Irrigate/Run Fertilizer
Apply Insecticide/Air
Cut Melons
Load Produce
Haul, Custom 17 Tn
Disk Residue 17 Tn
Pickup Use60 Mi/Acre
Operating Interest at 10.0
0.450
0.225
0.225
0.300
0.045
0.045
0.300
0.500
0.250
0.250
0.333
0.050
0.500
0.050
0.333
Page 27
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
5.56
4.01
3.47
3.80
0.26
0.57
3.24
4.09
2.05
2.05
2.73
0.41
3.41
0.41
2.73
39.30
13.96
88.09
3.00
0.300
0.257
0.333
0.400
0.286
3.15
1.93
2.73
2.73
2.34
29.15
11.17
75.00
75.00
0.300
0.333
2.94
2.73
20.43
15.00
75.00
0.400
2.73
4.23
6.000
4.000
13.33
42.34
54.59
4.01
15.41
2.05
15.22
8.37
160.82
170.00
0.225
2.000
0.250
TILLAGE: Conventional
SOIL:
Sandy-loam
DATE:
11/23/98
Tot. Cash
Expense
Times
9.66
6.05
5.52
45.83
0.67
17.37
0.98
94.05
3.00
35.03
13.90
4.27
75.00
75.00
26.10
15.00
75.00
17.95
12.60
160.82
96.25
170.00
6.05
1.0
2.0
2.0
1.0
5.0
1.0
5.0
1.0
1.0
1.0
9.0
6.0
1.0
2.0
1.0
1.0
4.0
6.0
2.0
3.0
3.0
1.0
1.0
9.66
12.11
11.04
45.83
3.36
17.37
4.88
94.05
3.00
35.03
125.07
25.62
75.00
150.00
26.10
15.00
300.00
107.72
25.19
486.54
290.79
170.00
6.05
15.41
40.17
40.17
TOTAL CASH OPERATING EXPENSES (includes all times over):
193.75
251.52
761.58
=============
886.04
2089.76
Class
L
L
L
L
G
G
G
L
G
G
G
G
G
G
G
G
G
G
G
H
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 $25.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
178.74
Growing (G)
912.17
Harvest (H)
943.27
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
55.58
Total (T)
=============
$2,089.76
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$92.25 $110.70
$123.00
$135.30
$153.75 Break-even Price
- 25%
12.8
- 10%
15.3
Budgeted
17.0
+ 10%
18.7
Break-even Yield
-665.99
-572.55
-510.25
-447.96
31.48
-430.75
-290.26
-196.60
-102.94
20.91
-273.93
-102.07
12.50
127.07
17.09
-117.10
86.12
221.60
357.08
14.45
118.13
368.40
535.25
702.09
11.73
144.48
129.67
122.26
116.20
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 213
Table 6D. Resource and Cash Flow Requirements; Watermelons, 1998
COUNTY:Pinal
CROP:
Watermelons
AREA:
Maricopa
Month *
Number
Irrigations
DEC P
1.0
JAN C
FEB C
3.0
MAR C
3.0
APR C
5.0
MAY C
4.0
JUN C
JUL C
Pickup Use60 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
16.0
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
17.0 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
5.0
12.0
12.0
20.0
16.0
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.38
0.72
1.59
1.77
3.19
1.80
52.10
0.25
Page 28
13.96
33.50
33.50
55.83
44.67
TILLAGE: Conventional
SOIL:
Sandy-loam
DATE:
11/23/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
22.51
6.82
17.36
13.84
22.01
11.32
80.56
3.92
15.41
36.24
5.86
27.89
20.67
37.91
26.33
94.57
2.05
39.30
29.15
88.09
36.91
24.59
483.41
40.17
112.01
132.92
153.75
143.01
396.84
261.14
828.54
5.97
15.41
40.17
761.58
36.44
2089.76
100.00
3.00
75.00
75.00
244.23
154.23
170.00
**
65.0
63.80
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
189.9
Total P
92.0
Total K
0.0
Total Labor
63.8
Total Water
65.0
181.46
8.68
193.75
9.27
251.52
12.04
571.50
27.35
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
69.9 Gal
Unleaded Gas
6.0 Gal
All Direct Energy
10.4 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Cultivator, Sweep, 4 Rw
1.54 Hr
Lister, 5 Bottom
0.30 Hr
Pickup Truck, 1/2 Ton
2.00 Hr
Saddle Tk Sprayer, 2 Tk 8
0.30 Hr
Tractor, 70 PTO HP
1.84 Hr
Tractor, 150 PTO HP,
0.45 Hr
Fert. Side Dress Unit,
Offset Disk, 13.5'
Planter, Planet Jr, 4 Row
Tractor, 50 PTO HP,
Tractor, 100 PTO HP
V-Ripper, 5 Shnk
0.60
0.23
0.30
18.00
0.83
0.45
MATERIALS REQUIREMENT ( per Acre)
18-46-00, Dry
200.00 Lb
BT
4.00 Pt
Watermelon Bins
51.00 Ea
32-00-00, URAN 32, Lqd
DCPA
Watermelon Seed (OP)
24.00 Ga
6.00 Lb
3.00 Th
LABOR REQUIREMENT ( per Acre)
Cutter
12.00 Hr
Tractor
25.30 Hr
129.96
6.22
Irrigators
Hr
Hr
Hr
Hr
Hr
Hr
6.50 Hr
Landplane 12'X 45'
Offset Disk, 16.5'
Rowbuck, 10'
Tractor, 60 PTO HP
Tractor, 150 PTO HP
Vegetable Trailer Flat Bed
46-00-00, Urea 46
Water, District
Loader/Watermelons
0.45
0.67
0.23
0.53
1.13
18.00
Hr
Hr
Hr
Hr
Hr
Hr
150.00 Lb
65.00 AI
20.00 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.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 23 / 213
Table 6E. Schedule of Operations; Watermelons, 1998
COUNTY:Pinal
CROP:
Watermelons
AREA:
Maricopa
First
No.Month Times
FARM: Pinal Vegetables 98
ACRES:
1.0
YIELD:
17.0 Tn / Acre
Operation
Page 29
WATER SOURCE:
Maricopa-Stanfield Irrig.
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 5 Shnk
150 Offset Disk, 16.5'
150 Landplane 12'X 45'
100 Lister, 5 Bottom
Saddle Tk Sprayer, 2 Tk 8 Row
60 Rowbuck, 10'
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
4
Dec
Dec
Dec
Dec
1.0
2.0
2.0
1.0
Rip
Disk
Landplane
List
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Dec
Dec
Jan
Jan
Jan
Jan
Feb
Feb
Feb
Mar
Apr
Apr
Apr
Apr
5.0
1.0
5.0
1.0
1.0
1.0
9.0
6.0
1.0
2.0
1.0
1.0
4.0
6.0
Buck Rows
Preirrigate
Disk Ends
Plant
Soil Fertility
Apply Fert/Ground
Irrigate
Cultivate
Thinning
Hand Weeding
Apply Fert/Ground
Pollinate
Turn Vines
Irrigate/Run Fertilizer
19
20
21
Apr
Jun
Jun
2.0 Apply Insecticide/Air
3.0 Cut Melons
3.0 Load Produce
CST Air Spray, 3 Gal Mix
50 Vegetable Trailer Flat Bed
2.50 Water, District
32-00-00, URAN 32,
BT
0.25 Watermelon Bins
0.15
22
23
Jun
Jul
1.0 Haul, Custom
1.0 Disk Residue
Pickup use 60 Mi/Ac
CST Haul Watermelons
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
4.00
0.50
100 Offset Disk, 13.5'
100 Planter, Planet Jr, 4 Row
CST Soil Analysis (Surface)
70 Fert. Side Dress Unit, 4Row
70 Cultivator, Sweep, 4 Rw
CST Thinning
CST Hand Weeding
60 Fert. Side Dress Unit, 4Row
CST Bee Hive Rental
CST Hand Weeding
TILLAGE: Conventional
SOIL:
Sandy-loam
DATE:
11/23/98
2.00
4.00
4.00
3.00 DCPA
20.00
2.00 Water, District
20.00
3.00 Watermelon Seed (OP)
6.00 Lb
6.18 Lb
5.00 AI
33.50 AF
3.00 Th
27.70 Th
Labor
Type
Tractor
Tractor
Tractor
Tractor
Tractor
Irrigators
Tractor
Tractor
3.00 Ac
3.00 18-46-00, Dry
2.50 Water, District
3.50
200.00 Lb 275.00 Tn
4.00 AI 33.50 AF
Tractor
Irrigators
Tractor
75.00 Ac
75.00 Ac
3.00 46-00-00, Urea 46
150.00 Lb 257.00 Tn
Tractor
15.00 Ac
75.00 Ac
4.00
4.00
2.00
17.00
AI 33.50 AF
Ga 173.00 Tn
Pt 31.57 Ga
Ea
9.00 Ea
Irrigators
4.23 Ac
Cutter
Tractor
Loader/Wat
10.00 Tn
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 / 213