Table 10A. Income and Cash Operating Summary; Romaine Lettuce, 1998
COUNTY: Yuma
CROP:
Lettuce, Romaine
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
568.0 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 49
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
Unit
Quantity
Crtn
568.00
Price/
Unit
$9.87
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
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Budgeted
/Acre
$5,606.16
Total
/Acre
Your Farm
Budget
$5,606.16
____________
168.65
____________
____________
____________
371.64
____________
____________
____________
____________
102.03
____________
____________
____________
711.00
____________
____________
____________
71.56
97.09
103.73
217.41
50.51
35.27
66.76
636.00
75.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
-------------1353.32
____________
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%
1704.00
764.64
-------------2468.64
____________
____________
12.60
20.72
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$3,855.27
____________
$1,750.89
____________
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 / 163
Table 10B. Allocations of Ownership Costs; Romaine Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Romaine
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
WATER SOURCE:
Yuma County Water
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
568.0 Ct / Acre PREVIOUS CROP:
Mixed Greens
Item
TOTAL INCOME at
Page 50
$9.87 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,606.16
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$5,606.16
$3,855.27
$3,855.27
$1,750.89
10.25
192.76
115.66
-------------318.67
$1,750.89
10.25
192.76
115.66
-------------318.67
4,173.94
4,173.94
$1,432.22
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$1,432.22
60.38
23.62
-------------84.00
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$1,432.22
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 ---------------------------------------->
$966.22
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$1,348.23
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operations Expenses)
TOTAL OWNERSHIP COST
308.42
-------------784.67
-------------1,177.09
=============
=============
TOTAL COST
$4,639.94
$5,032.35
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$966.22
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
$882.23
$6.79
$1.38
$8.17
$573.81
$6.79
$2.07
$8.86
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 163
Table 10C. Variable Operating Costs; Romaine Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Romaine
AREA:
Yuma Valley North
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
Aug
Aug
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Sep
Oct
Oct
Oct
Nov
Nov
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
568.0 Ct / Acre
---- Hours * ---Machine Labor
Plow
Disk
Laser Level
Make Borders
Preirrigate
Knock Borders
Apply Fert/Ground
List
Shape Beds
Apply Insecticide/Air
Plant
Set Sprinklers
Apply Herbicide/Ground
Irrigate/Sec Sys
Remove Sprinklers
Make Ditches
Irrigate
Cultivate
Thinning
Apply Insect./Ground
Apply Fert/Side Dress
Apply Insect./Ground
Harvest, Load & Haul 568
Disk Residue 568 Ct
Pickup Use50 Mi/Acre
Operating Interest at 10.0
0.900
0.600
0.450
0.180
0.180
0.450
0.300
0.180
1.000
0.667
0.500
0.200
0.800
0.200
0.500
0.333
0.200
Page 51
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
15.32
10.76
5.54
1.02
1.02
4.43
3.27
2.07
7.80
5.20
3.90
1.56
5.20
1.56
3.90
2.60
1.56
65.59
4.75
0.360
0.158
0.180
4.94
0.88
1.24
0.900
0.400
0.351
0.200
0.091
0.351
0.025
1.333
1.000
6.15
3.12
2.51
1.56
0.59
2.51
0.19
8.67
7.80
0.180
0.900
0.180
0.200
1.000
0.200
1.11
10.46
1.24
1.56
7.80
1.56
0.600
1.667
0.667
10.76
12.60
5.20
0.158
0.023
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
0.88
0.32
78.40
41.75
636.00
50.51
75.00
1704.00
79.51
38.14
6.50
764.64
23.12
15.96
9.44
2.58
5.20
2.58
73.91
5.87
82.03
46.50
644.06
3.39
53.31
0.59
3.39
0.51
8.67
13.95
75.00
82.17
56.40
9.30
2468.64
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
1.0
1.0
5.0
1.0
1.0
10.0
1.0
1.0
1.0
1.0
2.0
1.0
1.0
23.12
47.87
9.44
2.58
5.20
2.58
73.91
5.87
82.03
46.50
644.06
3.39
53.31
2.95
3.39
0.51
86.65
13.95
75.00
82.17
56.40
18.60
2468.64
15.96
12.60
20.72
20.72
Class
L
L
L
G
G
G
G
L
L
G
L
G
G
G
G
G
G
G
G
G
G
G
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
115.68
167.59
1804.47
1767.53
3855.27
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)
827.28
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
526.03
2,468.64
0.00
0.00
33.32
=============
Total (T)
$3,855.27
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
426.0
- 10%
511.2
Budgeted
568.0
+ 10%
624.8
Break-even Yield
$7.40
$8.88
$9.87
$10.86
-86.79
543.90
173.60
930.43
347.20 1,188.12
520.80 1,445.81
454.40
306.11
964.36
1,434.99
1,748.74
2,062.49
251.42
1,384.82
1,939.54
2,309.36
2,679.17
213.30
$12.34 Break-even Price
2,015.52
2,696.37
3,150.28
3,604.19
173.79
7.61
7.06
6.79
6.57
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 163
Table 10D. Resource and Cash Flow Requirements; Romaine Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Romaine
AREA:
Yuma Valley North
Month *
Number
Irrigations
AUG C
SEP C
9.0
OCT C
4.0
NOV C
3.0
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
16.0
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
568.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
23.5
16.0
12.0
Page 52
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Mixed Greens
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.33
10.18
6.93
4.67
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
31.91
48.02
12.62
10.53
12.60
37.76
96.39
19.58
13.86
236.25
130.64
20.72
69.67
1096.41
162.84
2493.03
12.60
20.72
1804.47
46.81
3855.27
100.00
636.00
79.75
764.64
1704.00
**
51.5
24.11
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
209.8
Total P
207.0
Total K
0.0
Total Labor
24.1
Total Water
51.5
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
0.18 Hr
Drag Scraper, 10'
0.45 Hr
Lister, 5 Bottom
0.30 Hr
Motor Grader, 12'
0.02 Hr
Planter, Stanhay, 4 Row
0.36 Hr
Tractor, 60 PTO HP
3.65 Hr
Tractor, 125 PTO HP
0.45 Hr
MATERIALS REQUIREMENT ( per Acre)
18-46-00, Dry
450.00 Lb
Imidacloprid
16.00 Oz
Romaine lettuce box
568.00 Ct
Water, District
51.50 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
14.94 Hr
115.68
3.00
167.59
4.35
366.89
9.52
1400.64
36.33
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
45.6 Gal
Unleaded Gas
5.0 Gal
All Direct Energy
7.0 M BTU
Border Disk, 6' Disk
Fert. Side Dress Unit,
Manual Spray Rig, 150 g
Offset Disk, 16.5'
Saddle Tk Sprayer, 2 Tk 8
Tractor, 80 PTO HP
Tractor, 150 PTO HP
46-00-00, Urea 46
Methomyl
Romaine Lettuce Seed
Tractor
0.36
1.35
0.18
2.40
0.72
0.36
3.30
Hr
Hr
Hr
Hr
Hr
Hr
Hr
280.00 Lb
4.00 Pt
800.00 Th
Cultivator, Sweep, 4 Rw
Laser, Complete System
Moldboard Plow, 3-16 2
Pickup Truck, 1/2 Ton
Sprinkler Trailer
Tractor, 100 PTO HP
Bensulide
Permethrin
Spinosad
1.80
0.45
0.90
1.67
0.32
0.48
Hr
Hr
Hr
Hr
Hr
Hr
10.00 Pt
2.00 Pt
16.00 Oz
9.18 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 / 163
Table 10E. Schedule of Operations; Romaine Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Romaine
AREA:
Yuma Valley North
First
No.MonthTimes
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
568.0 Ct / Acre
Operation
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, 16.5'
125 Drag Scraper, 10'
Laser, Complete System
60 Border Disk, 6' Disk
1.00
1.50
2.00
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
Sep
1.0 Apply Insecticide/Air
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
CST Air Spray, 5 Gal Mix
11
12
Sep
Sep
1.0 Plant
1.0 Set Sprinklers
80 Planter, Stanhay, 4 Row
60 Sprinkler Trailer
13
14
15
Sep
Sep
Sep
1.0 Apply Herbicide/Ground60 Saddle Tk Sprayer, 2 Tk 8
5.0 Irrigate/Sec Sys
1.0 Remove Sprinklers
60 Sprinkler Trailer
16
17
18
19
20
21
Sep
Sep
Sep
Sep
Oct
Oct
22
23
24
Oct
Nov
Nov
1.0
10.0
1.0
1.0
1.0
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
2.0 Apply Insect./Ground
1.0 Harvest, Load & Haul
1.0 Disk Residue
Pickup use 50 Mi/Ac
Page 53
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
60 Saddle Tk Sprayer, 2 Tk 8
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
5.00
1.25 Water, District
5.00
2.00 18-46-00, Dry
3.00
5.00 Imidacloprid
Methomyl
Permethrin
2.50 Romaine Lettuce Seed
5.70
5.00 Bensulide
11.00 Water, District
5.70
40.00
0.75 Water, District
1.00
Labor
Type
Tractor
Tractor
Tractor
6.00 AI
Tractor
Irrigators
Tractor
Tractor
Tractor
Tractor
0.00 AF
450.00 Lb 275.00 Tn
16.00 Oz 591.67 Ga
2.00 Pt 49.05 Ga
2.00 Pt 108.50 Ga
800.00 Th
0.75 Th
10.00 Pt
1.10 AI
38.12 Ga
0.00 AF
4.00 AI
0.00 AF
4.75 Ac
Tractor
Tractor
Irrigators
Tractor
Irrigators
Tractor
Irrigators
Tractor
Irrigators
Tractor
75.00 Ac
5.00 Spinosad
1.00 46-00-00, Urea 46
16.00 Oz 600.00 Ga
280.00 Lb 257.00 Tn
5.00 Methomyl
Romaine lettuce box
1.50
0.60
1.00 Pt
568.00 Ct
49.05 Ga
1.27 Ct
Tractor
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 / 163