Table 4A. Income and Cash Operating Summary; Spring Lettuce, 1998
COUNTY: Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
685.0 Ct / Acre
Item
INCOME ⇒
Lettuce
Page 17
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Unit
Quantity
Crtn
685.00
Price/
Unit
$6.48
CASH LAND PREPARATION AND GROWING EXPENSES (including sales tax)
Paid Labor (including benefits)
Tractor/Self Propelled
Irrigation
Other/ Contract
Chemicals and Custom Applications
Fertilizer
Insecticide
Herbicide
Other Chemicals
Farm Machinery and Vehicles
Diesel Fuel
Gasoline
Repairs and Maintenance
Water Assessment (See Note Below) **
Other Purchased Inputs &
Seed/Transplants
Other Services and Rentals
Budgeted
/Acre
$4,438.80
Total
/Acre
Your Farm
Budget
$4,438.80
____________
80.69
____________
____________
____________
____________
437.42
____________
____________
____________
____________
____________
73.63
____________
____________
____________
____________
347.46
____________
____________
____________
31.79
24.26
24.64
152.59
166.15
68.77
49.90
17.20
13.67
42.77
101.76
245.70
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
-------------939.20
____________
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%
1644.00
638.97
-------------2282.97
____________
____________
12.60
16.43
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$3,251.19
____________
$1,187.61
____________
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 / 174
Table 4B. Allocations of Ownership Costs; Spring Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
WATER SOURCE:
Yuma County Water
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
685.0 Ct / Acre PREVIOUS CROP:
Wheat, Winter
Item
TOTAL INCOME at
Page 18
$6.48 / Ct
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,438.80
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$4,438.80
$3,251.19
$3,251.19
$1,187.61
8.72
162.56
97.54
-------------268.82
$1,187.61
8.72
162.56
97.54
-------------268.82
3,520.01
3,520.01
$918.79
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$918.79
40.12
13.29
-------------53.41
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$918.79
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 ---------------------------------------->
$452.79
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$865.37
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
-------------734.82
260.10
-------------1,048.33
=============
=============
TOTAL COST
$3,986.01
$4,299.52
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$452.79
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
$4.75
$1.07
$5.82
$399.37
$139.28
$4.75
$1.53
$6.28
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 174
Table 4C. Variable Operating Costs; Spring Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Oct
Oct
Oct
Oct
Oct
Oct
Oct
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Nov
Dec
Dec
Dec
Dec
Dec
Dec
Jan
Jan
Jan
Jan
Jan
Mar
Mar
Mar
Apr
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
685.0 Ct / Acre
Rip
Disk
Laser Level
Make Borders
Preirrigate
Soil Fertility
Dust Control
Apply Fert/Ground
Apply Herbicide/Ground
List
Shape Beds
Plant
Set Sprinklers
Irrigate/Sec Sys
Remove Sprinklers
Make Ditches
Field Scouting
Apply Insecticide/Air
Irrigate/Run Fertilizer
Thinning
Cultivate
Apply Fungicide/Ground
Apply Insect./Ground
Bird Control
Make Ditches
Irrigate/Run Fertilizer
Hand Weeding
Knock Borders
Knock Ditches
Harvest, Load & Haul 685
Disk Residue 685 Ct
Pickup Use50 Mi/Acre
Operating Interest at 10.0
---- Hours * ---Machine Labor
Page 19
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.450
0.150
0.450
0.023
0.500
0.167
0.500
0.025
0.667
6.00
2.40
5.54
0.13
3.90
1.30
3.90
0.19
4.33
0.009
0.180
0.225
0.225
0.180
0.360
0.158
0.010
0.200
0.250
0.250
0.200
0.400
0.351
0.15
1.10
4.82
2.45
2.13
5.76
0.88
0.14
1.56
1.95
1.95
1.56
3.12
2.51
0.158
0.023
0.351
0.025
0.88
0.32
2.51
0.19
3.00
52.47
68.77
78.58
101.76
6.00
4.75
0.200
1.30
29.81
16.02
75.00
0.225
0.015
0.015
0.250
0.017
0.017
3.55
0.09
0.09
1.95
0.13
0.13
0.011
0.013
0.200
0.16
0.10
1.30
16.02
49.18
17.91
5.70
20.02
75.00
0.023
0.023
0.025
0.025
0.13
0.32
0.19
0.19
0.150
1.667
0.167
2.40
12.60
1.30
90.15
76.77
1644.00
638.97
9.90
3.70
9.44
0.32
4.33
3.00
0.30
55.13
75.54
4.40
82.27
110.64
3.39
3.39
0.51
6.00
34.56
17.32
75.00
21.52
49.40
18.12
5.70
0.26
21.32
75.00
0.32
0.51
2282.97
3.70
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
Times
1.3
4.0
1.0
1.0
2.0
1.0
170.0
1.0
1.0
1.0
1.0
1.0
1.0
10.0
1.0
1.0
2.0
1.0
4.0
2.0
1.0
1.0
3.0
1.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
16.43
Tot. Cash
Expense
12.87
14.82
9.44
0.32
8.67
3.00
50.82
55.13
75.54
4.40
82.27
110.64
3.39
3.39
0.51
12.00
34.56
69.28
150.00
21.52
49.40
54.37
5.70
0.51
21.32
75.00
0.32
0.51
2282.97
3.70
12.60
16.43
Class
L
L
L
G
G
G
G
G
G
L
L
L
G
G
G
G
G
G
G
G
G
G
G
G
G
G
G
G
G
H
L
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
1910.88
1173.39
*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.
3251.19
T
Table 4C. Variable Operating Costs; Spring Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
685.0 Ct / Acre
OPERATING COST SUMMARY BY CLASS
Land Preparation (L)
241.03
Growing (G)
Harvest (H)
Post Harvest (P)
Marketing (M)
Operating Overhead (O)
698.16
2,282.97
0.00
0.00
29.03
=============
Total (T)
$3,251.19
Page 20
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
- 25%
- 10%
Budgeted
+ 10%
+ 25%
$4.86
513.8
616.5
685.0
753.5
856.3
Break-even Yield
$5.83
$6.48
$7.13
-175.70
323.67
-18.78
580.46
85.84
751.65
190.45
922.85
347.37 1,179.64
656.58
979.95
1,195.54
1,411.12
1,734.49
989.49
1,379.44
1,639.42
1,899.39
2,289.34
1,488.85
1,978.68
2,305.24
2,631.79
3,121.62
305.13
253.03
201.44
628.80
384.24
$8.10 Break-even Price
5.20
4.89
4.73
4.61
4.45
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 174
Table 4D. Resource and Cash Flow Requirements; Spring Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
Month *
Number
Irrigations
OCT P
1.0
NOV P
6.0
DEC P
6.0
JAN C
1.5
FEB C
2.5
MAR C
APR C
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
17.0
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
685.0 Ct / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
10.0
10.0
3.0
4.5
7.5
Page 21
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
2.01
3.33
1.95
0.75
0.82
0.37
0.28
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
13.88
32.86
22.76
3.89
0.39
0.83
2.94
12.60
13.77
38.08
28.21
4.92
2.97
0.76
1.83
160.53
142.32
51.95
59.96
17.91
50.88
50.88
511.17
127.79
1.50
1.50
85.75
124.20
37.50
1315.20
328.80
16.43
29.15
283.85
329.92
184.96
100.83
1845.87
461.37
12.60
16.43
1910.88
58.77
3251.19
100.00
**
35.0
9.51
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
276.8
Total P
144.0
Total K
0.0
Total Labor
9.5
Total Water
35.0
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 6 Rw
0.18 Hr
Fertilizer Broadcaster,
0.18 Hr
Laser, Complete System
0.45 Hr
Offset Disk, 18'
0.98 Hr
Saddle Tk Sprayer, 2 Tk 8
0.41 Hr
Sprinkler Trailer
0.32 Hr
Tractor, 125 PTO HP
0.45 Hr
Truck, 5 Ton w/1000 Gal
1.53 Hr
MATERIALS REQUIREMENT ( per Acre)
11-48-00, Dry
300.00 Lb
Cypermethrin
6.00 Oz
Lettuce Cartons
685.00 Ct
Spinosad
6.00 Oz
Water, District
35.00 AI
LABOR REQUIREMENT ( per Acre)
Irrigators
3.73 Hr
90.15
2.77
76.77
2.36
432.67
13.31
740.72
22.78
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
22.2 Gal
Unleaded Gas
15.7 Gal
All Direct Energy
5.1 M BTU
Border Disk, 6' Disk
Fertilizer Injector, 4 Row
Lister, 5 Bottom
Pickup Truck, 1/2 Ton
Section Harrow, 3 Section
Tractor, 60 PTO HP
Tractor, 150 PTO HP
V-Ripper, 7 Shnk with
20-00-00, Amm. Nitrate,
Head Lettuce Sd
Methomyl
Spreader-activator
Tractor
0.05
0.22
0.22
1.67
0.22
0.54
0.22
0.58
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Hr
Drag Scraper, 10'
High Clearance Sprayer,
Motor Grader, 12'
Planter, Stanhay, 4 Row
Sled Cultivator, 4Rw
Tractor, 100 PTO HP
Tractor, 150 PTO HP,
125.00
160.00
6.00
6.40
Ga
Th
Pt
Oz
Benefin
Imidacloprid
Pronamide
Vinclozolin
4.08 Hr
Truck Driver
0.45
0.06
0.07
0.36
0.22
0.99
1.33
Hr
Hr
Hr
Hr
Hr
Hr
Hr
2.00
16.00
2.00
2.00
Pt
Oz
Lb
Lb
1.70 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 / 174
Table 4E. Schedule of Operations; Spring Lettuce, 1998
COUNTY:Yuma
CROP:
Lettuce, Iceberg
AREA:
Yuma Valley North
First
No.MonthTimes
1
2
3
3
4
5
6
7
8
9
Oct
Oct
Oct
1.0
2.0
1.0
170.0
1.0
1.0
10 Nov
11 Nov
1.0
1.0
12 Nov
13 Nov
1.0
1.0
16
17
18
19
Nov
Dec
Dec
Dec
20 Dec
21 Dec
Operation
1.3 Rip
4.0 Disk
1.0 Laser Level
Oct
Oct
Oct
Oct
Nov
Nov
14 Nov
15 Nov
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
685.0 Ct / Acre
1.0
2.0
1.0
4.0
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Wheat, Winter
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 7 Shnk with
150 Offset Disk, 18'
125 Drag Scraper, 10'
Laser, Complete System
60 Border Disk, 6' Disk
Make Borders
Preirrigate
Soil Fertility
CST Soil Analysis (Surface)
Dust Control
Truck, 5 Ton w/1000 Gal Tank
Apply Fert/Ground
60 Fertilizer Broadcaster,
Apply Herbicide/Ground150 Saddle Tk Sprayer, 2 Tk 8
Offset Disk, 18'
Section Harrow, 3 Section
List
100 Lister, 5 Bottom
Shape Beds
100 Saddle Tk Sprayer, 2 Tk 8
1
Bed Shaper, 6 Rw
Plant
100 Planter, Stanhay, 4 Row
Set Sprinklers
60 Sprinkler Trailer
10.0 Irrigate/Sec Sys
1.0 Remove Sprinklers
Make Ditches
Field Scouting
Apply Insecticide/Air
Irrigate/Run Fertilizer
60 Sprinkler Trailer
Motor Grader, 12'
CST Scout For Insects
CST Air Spray, 5 Gal Mix
22 Dec
23 Jan
CST Thinning
100 Sled Cultivator, 4Rw
Fertilizer Injector, 4 Row
1.0 Apply Fungicide/GroundHigh Clearance Sprayer, 18
3.0 Apply Insect./Ground
High Clearance Sprayer, 18
24 Jan
25 Jan
26 Jan
1.0 Bird Control
2.0 Make Ditches
1.0 Irrigate/Run Fertilizer
CST Bird Control
Motor Grader, 12'
27
28
29
30
31
1.0
1.0
1.0
1.0
1.0
CST Hand Weeding
60 Border Disk, 6' Disk
Motor Grader, 12'
CST Harvest-Load-Haul
150 Offset Disk, 18'
Pickup Truck, 1/2 Ton
Jan
Mar
Mar
Mar
Apr
2.0 Thinning
1.0 Cultivate
Hand Weeding
Knock Borders
Knock Ditches
Harvest, Load & Haul
Disk Residue
Pickup use 50 Mi/Ac
Page 22
Job Rate
Acres/Hr
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/27/98
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
2.00
6.00
2.00
Labor
Type
Tractor
Tractor
Tractor
40.00
1.50 Water, District
10.00 AI
Tractor
Irrigators
0.00 AF
3.00 Ac
100.00
5.00 11-48-00, Dry
4.00 Benefin
Pronamide
4.00
5.00 Imidacloprid
Spreader-activator
2.50 Head Lettuce Sd
5.70
11.00 Water, District
5.70
Truck
Tractor
Tractor
300.00 Lb 330.00 Tn
2.00 Pt
9.08 Ga
2.00 Lb 23.36 Lb
Tractor
Tractor
16.00 Oz 591.67 Ga
1.60 Oz 13.50 Ga
160.00 Th
0.60 Th
0.00 AI
Tractor
Tractor
Irrigators
0.00 AF
Tractor
Irrigators
Tractor
40.00
Spinosad
5.00 Water, District
20-00-00, Amm. Nitrate,
6.00 Oz 600.00 Ga
3.00 AI
0.00 AF
20.00 Ga 155.00 Tn
4.00 20-00-00, Amm. Nitrate,
20.00 Ga 155.00 Tn
6.00 Ac
4.75 Ac
Irrigators
75.00 Ac
60.00 Vinclozolin
60.00 Methomyl
Cypermethrin
Spreader-activator
2.00
2.00
2.00
1.60
Tractor
Lb 23.20 Lb
Pt 49.05 Ga
Oz 285.64 Ga
Oz 13.50 Ga
Tractor
Tractor
5.70 Ac
80.00
5.00 Water, District
20-00-00, Amm. Nitrate,
Tractor
Irrigators
3.00 AI
0.00 AF
25.00 Ga 155.00 Tn
75.00 Ac
40.00
40.00
Tractor
Tractor
Lettuce Cartons
6.00
0.60
685.00 Ct
0.88
Ct
2.40 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 / 174