Table 9A. Income and Cash Operating Summary; Fall Leaf Lettuce, 1998
COUNTY: Yuma
CROP:
Lettuce, Leaf
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
669.0 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 44
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
Unit
Quantity
Crtn
669.00
Price/
Unit
Budgeted
/Acre
$17.29
$11,567.01
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
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
Total
/Acre
Your Farm
Budget
$11,567.01
____________
165.53
____________
____________
____________
552.58
____________
____________
____________
____________
99.37
____________
____________
____________
380.28
____________
____________
____________
68.44
97.09
103.73
394.05
54.81
35.14
64.23
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
305.28
75.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------1197.76
____________
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
2007.00
638.23
-------------2645.23
____________
____________
12.60
18.41
____________
____________
=============
$3,873.99
$7,693.02
____________
===================
____________
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $31.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 227
Table 9B. Allocations of Ownership Costs; Fall Leaf Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Leaf
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
WATER SOURCE:
Yuma County Water
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
669.0 Ct / Acre PREVIOUS CROP:
Mixed Greens
Item
TOTAL INCOME at
Page 45
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$17.29 / Ct
$11,567.01
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$3,873.99
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$11,567.01
$3,873.99
$7,693.02
9.79
193.70
116.22
-------------319.71
$7,693.02
9.79
193.70
116.22
-------------319.71
4,193.69
4,193.69
$7,373.32
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$7,373.32
57.06
23.16
-------------80.23
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$7,373.32
RETURNS TO LAND, MANAGEMENT AND RISK --------------------------------------------------------------------------------------------->
435.00
435.00
31.00
31.00
--------------------------Total Land Costs
466.00
466.00
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$6,907.32
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$7,293.09
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
309.92
-------------785.71
-------------1,175.85
=============
=============
TOTAL COST
$4,659.69
$5,049.84
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$6,907.32
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
$6,827.09
$5.79
$1.17
$6.97
$6,517.17
$5.79
$1.76
$7.55
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 227
Table 9C. Variable Operating Costs; Fall Leaf Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Leaf
AREA:
Yuma Valley North
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Nov
Nov
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
669.0 Ct / Acre
---- Hours * ---Machine Labor
Plow
Disk
Laser Level
Make Borders
Preirrigate
Knock Borders
Apply Fert/Ground
List
Shape Beds
Plant
Set Sprinklers
Apply Insecticide/Air
Apply Herbicide/Air
Irrigate/Sec Sys
Remove Sprinklers
Make Ditches
Irrigate
Cultivate
Thinning
Apply Insect./Ground
Apply Fert/Side Dress
Harvest, Load & Haul 669
Disk Residue 669 Ct
Pickup Use50 Mi/Acre
Operating Interest at 10.0
0.900
0.600
0.450
0.180
0.180
0.450
0.300
0.180
0.360
0.158
Page 46
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
1.000
0.667
0.500
0.200
0.800
0.200
0.500
0.333
0.200
0.400
0.351
15.32
10.09
6.66
1.02
1.02
4.43
3.27
2.07
5.76
0.88
7.80
5.20
3.90
1.56
5.20
1.56
3.90
2.60
1.56
3.12
2.51
65.59
78.40
305.28
4.30
0.900
0.091
0.351
0.025
1.333
1.000
0.180
0.900
0.600
1.667
0.158
0.023
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
6.15
0.59
2.51
0.19
8.67
7.80
0.200
1.000
1.11
10.46
1.56
7.80
0.667
10.76
12.60
5.20
0.88
0.32
128.01
50.51
75.00
2007.00
29.81
38.14
638.23
23.12
15.29
10.56
2.58
5.20
2.58
73.91
5.87
82.03
314.16
3.39
128.01
54.81
0.59
3.39
0.51
8.67
13.95
75.00
32.48
56.40
2645.23
15.96
Tot. Cash
Expense
Times
1.0
3.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
2.0
1.0
5.0
1.0
1.0
10.0
1.0
1.0
2.0
1.0
1.0
1.0
23.12
45.87
10.56
2.58
5.20
2.58
73.91
5.87
82.03
314.16
3.39
256.02
54.81
2.95
3.39
0.51
86.65
13.95
75.00
64.96
56.40
2645.23
15.96
12.60
18.41
18.41
TOTAL CASH OPERATING EXPENSES (includes all times over):
114.04
163.39
2104.71
=============
1491.79
3873.99
Class
L
L
L
G
G
G
G
L
L
L
G
G
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 $31.00 per Acre is included as an ownership cost in Table B.
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
497.56
Growing (G)
700.19
Harvest (H)
2,645.23
Post Harvest (P)
0.00
Marketing (M)
0.00
Operating Overhead (O)
31.01
Total (T)
=============
$3,876.1
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$12.97
$15.56
$17.29
$19.02
$21.61 Break-even Price
- 25%
- 10%
Budgeted
+ 10%
501.8
602.1
669.0
735.9
Break-even Yield
3,291.62 4,592.91
4,196.12 5,757.67
4,799.13 6,534.18
5,402.13 7,310.69
136.56
106.05
5,460.43
6,798.70
7,690.88
8,583.06
6,327.96
7,839.73
8,847.58
9,855.43
7,629.25
9,401.28
10,582.6
11,763.9
92.30
81.71
69.71
6.41
6.00
5.79
5.63
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 227
Table 9D. Resource and Cash Flow Requirements; Fall Leaf Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Leaf
AREA:
Yuma Valley North
Month *
Number
Irrigations
AUG C
SEP C
9.0
OCT C
4.0
NOV C
3.0
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
16.0
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
669.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
23.5
16.0
12.0
Page 47
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.33
9.98
6.73
4.67
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
24.85
52.30
11.41
10.53
12.60
13.06
102.21
33.02
13.86
450.51
97.77
18.41
37.91
989.60
142.20
2669.62
12.60
18.41
2104.71
54.33
3873.99
100.00
305.28
79.30
638.23
2007.00
**
51.5
23.71
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
209.8
Total P
207.0
Total K
0.0
Total Labor
23.7
Total Water
51.5
114.04
2.94
548.28
14.15
943.51
24.35
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
45.4 Gal
Unleaded Gas
5.0 Gal
All Direct Energy
6.9 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.18 Hr
Cultivator, Sweep, 4 Rw
1.80 Hr
Lister, 5 Bottom
0.30 Hr
Motor Grader, 12'
0.02 Hr
Pickup Truck, 1/2 Ton
1.67 Hr
Sprinkler Trailer
0.32 Hr
Tractor, 150 PTO HP
3.75 Hr
Blade Scraper, 10'
Fert. Side Dress Unit,
Manual Spray Rig, 150 g
Offset Disk, 12'
Planter, Stanhay, 4 Row
Tractor, 60 PTO HP
MATERIALS REQUIREMENT ( per Acre)
18-46-00, Dry
450.00 Lb
Boxes for Leaf Lettuce
669.00 Ct
Methomyl
4.00 Pt
Water, District
51.50 AI
46-00-00, Urea 46
Imidacloprid
Permethrin
LABOR REQUIREMENT ( per Acre)
Irrigators
14.94 Hr
163.45
4.22
Tractor
0.45
1.35
0.36
1.80
0.36
3.29
Hr
Hr
Hr
Hr
Hr
Hr
280.00 Lb
16.00 Oz
16.00 Pt
Border Disk, 6' Disk
Laser, Complete System
Moldboard Plow, 3-16 2
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8
Tractor, 100 PTO HP
Bensulide
Leaf Lettuce Sd (coated)
Spinosad
0.36
0.45
0.90
0.60
0.18
0.84
Hr
Hr
Hr
Hr
Hr
Hr
10.00 Pt
800.00 Th
12.00 Oz
8.78 Hr
*NOTE: P = Previous Year C = Current Year N = Next Year
** A water assessment charge of $31.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 227
Table 9E. Schedule of Operations; Fall Leaf Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Leaf
AREA:
Yuma Valley North
First
No.Month Times
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
669.0 Ct / Acre
Operation
1
2
3
Aug
Aug
Sep
1.0 Plow
3.0 Disk
1.0 Laser Level
4
5
6
7
8
9
Sep
Sep
Sep
Sep
Sep
Sep
1.0
1.0
1.0
1.0
1.0
1.0
10
11
Sep
Sep
1.0 Plant
1.0 Set Sprinklers
12
Sep
2.0 Apply Insecticide/Air
13
14
15
Sep
Sep
Sep
1.0 Apply Herbicide/Air
5.0 Irrigate/Sec Sys
1.0 Remove Sprinklers
16
17
18
19
20
21
Sep
Sep
Sep
Sep
Oct
Oct
22
23
Nov
Nov
1.0
10.0
1.0
1.0
2.0
1.0
Make Borders
Preirrigate
Knock Borders
Apply Fert/Ground
List
Shape Beds
Make Ditches
Irrigate
Cultivate
Thinning
Apply Insect./Ground
Apply Fert/Side Dress
1.0 Harvest, Load & Haul
1.0 Disk Residue
Pickup use 50 Mi/Ac
Page 48
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
Equipment/ Custom Oper
HP Self-Prop./ Implement
Job Rate
Acres/Hr
150 Moldboard Plow, 3-16 2
150 Offset Disk, 12'
150 Blade Scraper, 10'
Laser, Complete System
60 Border Disk, 6' Disk
1.00
1.50
2.00
60 Border Disk, 6' Disk
60 Fert. Side Dress Unit, 4Row
100 Lister, 5 Bottom
100 Bed Shaper, 4 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
100 Planter, Stanhay, 4 Row
60 Sprinkler Trailer
CST Air Spray, 5 Ga w/ Herb.
60 Sprinkler Trailer
Motor Grader, 12'
60 Cultivator, Sweep, 4 Rw
CST Thinning
60 Manual Spray Rig, 150 g on
60 Cultivator, Sweep, 4 Rw
Fert. Side Dress Unit, 4Row
CST Harvest Leaf Lettuce
150 Offset Disk, 16.5'
Pickup Truck, 1/2 Ton
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
Labor
Type
Tractor
Tractor
Tractor
5.00
1.25 Water, District
5.00
2.00 18-46-00, Dry
3.00
5.00 Imidacloprid
2.50 Leaf Lettuce Sd
5.70
Methomyl
Permethrin
Bensulide
11.00 Water, District
5.70
40.00
0.75 Water, District
1.00
6.00 AI
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
0.00 AF
450.00 Lb 275.00 Tn
16.00 Oz 591.67 Ga
800.00 Th
2.00
8.00
10.00
1.10
0.36 Th
Pt 49.05 Ga
Pt 108.50 Ga
Pt 38.12 Ga
AI
0.00 AF
4.00 AI
Tractor
Tractor
Irrigators
4.30 Ac
Irrigators
Tractor
Irrigators
Tractor
Irrigators
Tractor
0.00 AF
75.00 Ac
5.00 Spinosad
1.00 46-00-00, Urea 46
Boxes for Leaf Lettuce
1.50
0.60
6.00 Oz 600.00 Ga
280.00 Lb 257.00 Tn
669.00 Ct
0.90
Ct
Tractor
Tractor
3.00 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 13 / 227