Table 7A. Income and Cash Operating Summary; Spring Watermelons, 1998
COUNTY: Yuma
CROP:
Watermelons
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
21.2 Tn / Acre
Item
INCOME ⇒
Melons
Page 34
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Unit
Quantity
Price/
Unit
Ton
21.20
$156.92
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
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
$3,326.70
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/30/98
Total
/Acre
Your Farm
Budget
$3,326.70
____________
115.19
____________
____________
____________
____________
354.50
____________
____________
____________
112.13
____________
____________
____________
____________
399.23
____________
____________
____________
73.40
20.05
21.74
145.81
208.69
33.80
12.06
66.26
96.23
303.00
TOTAL CASH LAND PREPARATION AND GROWING EXPENSES
-------------981.05
____________
CASH HARVEST AND POST HARVEST EXPENSES
Paid Labor (including benefits)
Tractor/Self Propelled
1.30
Farm Machinery and Vehicles
Diesel Fuel
Repairs and Maintenance
0.86
1.49
Custom Harvest/Post Harvest
Other Materials
TOTAL HARVEST AND POST HARVEST EXPENSE
OPERATING OVERHEAD ⇒ PICKUP USE
OPERATING INTEREST AT 10.0%
1.30
____________
____________
2.35
____________
____________
____________
228.43
808.99
-------------1041.07
____________
____________
12.60
36.20
____________
____________
=============
TOTAL CASH OPERATING EXPENSES
RETURNS OVER CASH OPERATING EXPENSES
____________
===================
$2,070.92
____________
$1,255.79
____________
Notes: The above figures do not include ownership costs, see table B for detailed cost allocation.
** A water assessment charge of $31.00 per Acre is included as an ownership cost in Table B.
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 226
Table 7B. Allocations of Ownership Costs; Spring Watermelons, 1998
COUNTY:Yuma
CROP:
Watermelons
AREA:
Yuma Valley North
FARM: Yuma Vegetables 98
WATER SOURCE:
Yuma County Water
ACRES:
1.0
IRRIGATION SYSTEM: Flood Furrow
YIELD:
21.2 Tn / Acre PREVIOUS CROP:
Cotton, Upland
Item
TOTAL INCOME at
Page 35
-- CASH COST BASIS ($/ACRE) -Income and Costs
Net Returns
$156.92 / Tn
$3,326.70
TOTAL OPERATING EXPENSES
RETURN OVER CASH OPERATING EXPENSES
$2,070.92
CASH OVERHEAD EXPENSES
Taxes, Housing and Insurance, Farm Machinery
General and Office Overhead (5.0% of Total Operating Exp.)
General Farm Maintenance
(3.0% of Total Operating Exp.)
Total Cash Overhead Expenses
Total Cash Operating and Overhead Cost
RETURNS OVER CASH OPER. AND OVER. EXPENSES
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/30/98
-- TOTAL COST BASIS ($/ACRE) -Income and Costs
Net Returns
$3,326.70
$2,070.92
$1,255.79
11.90
103.55
62.13
-------------177.58
$1,255.79
11.90
103.55
62.13
-------------177.58
2,248.49
2,248.49
$1,078.21
CAPITAL ALLOCATIONS (100% Equity)
Capital Replacement, Machinery and Vehicles
Interest on Equity, Machinery and Vehicles
$1,078.21
60.12
16.84
-------------76.97
Total Capital Allocations
RETURNS TO LAND, CAPITAL, MANAGEMENT AND RISK -------------------------------->
$1,078.21
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 ---------------------------------------->
$612.21
RETURNS TO MANAGEMENT AND RISK ----------------------------------------------------------------------------------------------------->
$1,001.25
Land Cost / Rent or Lease
Water Assessment
Management Services ( 8% of Total Operation Expenses)
TOTAL OWNERSHIP COST
$535.25
165.67
-------------643.58
-------------886.22
=============
=============
TOTAL COST
$2,714.49
$2,957.13
RETURNS TO CAPITAL, MANAGEMENT AND RISK ---------------------------------------->
$612.21
RETURNS TO RISK (PROFITS) ----------------------------------------------------------------------------------------------------------------->
$369.57
BREAK-EVEN PRICE TO COVER OPERATING COST ( PER Lb )
BREAK-EVEN PRICE TO COVER OWNERSHIP COST
BREAK-EVEN PRICE TO COVER TOTAL COST
$97.68
$41.80
$139.49
$97.68
$30.36
$128.04
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 226
Table 7C. Variable Operating Costs; Spring Watermelons, 1998
COUNTY:Yuma
CROP:
Watermelons
AREA:
Yuma Valley North
No.
First
Month Operation
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Dec
Dec
Dec
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Jan
Feb
Mar
Mar
Mar
Mar
Mar
Mar
Apr
May
May
Jun
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
21.2 Tn / Acre
---- Hours * ---Machine Labor
Rip
Disk
Laser Level
Soil Fertility
Apply Fert/Ground
List
Shape Beds
Apply Herbicide/Ground
Plant
Make Ditches
Dust Control
Irrigate
Knock Ditches
Cultivate
Thinning
Apply Fert/Ground
Apply Insect./Ground
Incorporate Herbicide
Hand Weeding
Irrigate
Turn Vines
Irrigate/Run Fertilizer
Cut Melons 10.6 Ct
Haul, Custom 21.2 Tn
Residue Disposal 21.2 Tn
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Page 36
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
---- Operating Costs ($/ACRE *) Per Operation ---Fuel/Rps.
Labor Cust/Serv. Materials
Total
0.300
0.150
0.225
0.333
0.167
0.250
3.86
2.40
2.86
2.60
1.30
1.95
0.225
0.150
1.200
0.225
0.514
0.045
0.009
1.71
2.34
13.82
1.83
7.30
0.64
0.15
0.023
0.450
0.250
0.167
1.333
0.250
0.571
0.050
0.010
0.752
0.025
0.500
0.32
3.69
1.95
1.30
10.40
1.95
4.46
0.39
0.14
4.89
0.19
3.90
0.327
0.225
0.514
0.364
0.250
0.571
3.71
1.89
6.65
2.84
1.95
4.46
3.00
45.16
78.40
9.22
107.49
75.00
29.48
37.28
9.22
75.00
0.333
2.17
0.500
3.25
75.00
4.11
212.00
0.150
1.667
0.167
2.35
12.60
15.21
202.25
1.30
6.46
3.70
4.81
3.00
48.81
3.64
102.62
13.01
119.25
1.03
0.30
4.89
0.51
7.59
75.00
36.02
41.12
20.32
75.00
2.17
75.00
18.46
206.36
212.00
3.65
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/30/98
Times
1.3
2.0
2.0
1.0
1.0
1.0
1.0
1.0
1.0
7.0
150.0
1.0
7.0
6.0
1.0
2.0
3.0
1.0
1.0
4.0
2.0
2.0
4.0
1.0
1.0
36.20
Tot. Cash
Expense
8.40
7.41
9.62
3.00
48.81
3.64
102.62
13.01
119.25
7.18
44.84
4.89
3.59
45.52
75.00
72.05
123.36
20.32
75.00
8.67
150.00
36.92
825.42
212.00
3.65
12.60
32.83
Class
L
L
L
G
G
L
L
G
L
G
G
G
G
G
G
G
G
G
G
G
G
G
H
H
P
=============
TOTAL CASH OPERATING EXPENSES (includes all times over):
128.12
115.45
567.63
1259.72
2070.92
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)
249.78
Growing (G)
731.27
Harvest (H)
1,037.42
Post Harvest (P)
3.65
Marketing (M)
0.00
Operating Overhead (O)
48.80
=============
Total (T)
$2,070.92
SENSITIVITY OF THE NET REVENUES OVER TOTAL CASH EXPENSES ($/ACRE)
Prices ⇒
- 25%
- 10%
Budgeted
+ 10%
+ 25%
Yields
$117.69 $141.23
$156.92
$172.61
$196.15 Break-even Price
- 25%
15.9
- 10%
19.1
Budgeted
21.2
+ 10%
23.3
Break-even Yield
61.92
436.18
280.01
729.11
425.40
924.40
570.79 1,119.69
15.00
11.17
685.68
935.18 1,309.44
113.80
1,028.52
1,327.92 1,777.03
103.01
1,257.07
1,589.75 2,088.75
97.62
1,485.63
1,851.57 2,400.48
93.21
9.54
8.33
6.99
ARIZONA COOPERATIVE EXTENSION
Department of Ag and Resource Economics
University of Arizona
F 13 / 226
Table 7D. Resource and Cash Flow Requirements; Spring Watermelons, 1998
COUNTY:Yuma
CROP:
Watermelons
AREA:
Yuma Valley North
Month *
Number
Irrigations
DEC P
JAN C
1.0
FEB C
MAR C
2.0
APR C
2.0
MAY C
2.0
JUN C
Pickup Use50 Mi/Acre
Operating Interest at 10.0
Water Assessment
Total
%
7.0
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
21.2 Tn / Acre
Water
Applied
(inches)
Total
Labor (Hrs)
18.0
8.0
12.0
12.0
Page 37
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
-------------------------------------Purchased
Fuel, Oil
Water
and Repairs
1.10
3.66
1.88
3.48
1.65
1.78
0.62
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/30/98
Operating Costs ($/ACRE *) -------------------------------------Other
Labor
Chemicals
Purchases
Services
Total
8.90
60.01
4.68
29.92
4.73
2.93
4.35
12.60
5.85
55.93
4.63
28.57
8.98
8.10
3.39
144.05
96.23
38.70
44.69
89.78
37.28
606.74
202.25
36.20
14.75
359.22
84.31
247.19
133.40
878.90
304.35
12.60
36.20
567.63
24.41
2070.92
100.00
3.00
75.00
150.00
75.00
171.35
57.08
**
50.0
14.16
TOTAL RESOURCE REQUIREMENTS ( per Acre)
Total N
247.2
Total P
183.1
Total K
0.0
Total Labor
14.2
Total Water
50.0
128.12
6.19
354.50
17.12
905.22
43.71
TOTAL ENERGY REQUIREMENTS ( per Acre)
Diesel Fuel
44.8 Gal
Unleaded Gas
14.4 Gal
All Direct Energy
8.0 M BTU
EQUIPMENT REQUIREMENTS ( per Acre)
Bed Shaper, 4 Rw
1.20 Hr
Directed Spray Rig, 8
0.22 Hr
Fertilizer Injector, 3 Row
0.51 Hr
Lister, 5 Bottom
0.15 Hr
Pickup Truck, 1/2 Ton
1.67 Hr
Tractor, 80 PTO HP
4.48 Hr
Tractor, 150 PTO HP
0.15 Hr
V-Ripper, 7 Shnk
0.39 Hr
Blade Scraper, 10'
Fert. Side Dress Unit,
Flexi-Planter - 4 Units
Motor Grader, 12'
Saddle Tk Sprayer, 2 Tk 8
Tractor, 100 PTO HP
Tractor, 150 PTO HP,
MATERIALS REQUIREMENT ( per Acre)
10-34-00, Lqd
7.00 Ga
32-00-00, URAN 32, Lqd
30.00 Ga
Imidacloprid
16.00 Oz
Watermelon Seed (Hyb)
3.00 Th
11-52-00, Dry
Endosulfan
Water, District
LABOR REQUIREMENT ( per Acre)
Irrigators
3.09 Hr
115.45
6.19
Tractor
0.45
0.65
0.51
0.47
2.39
2.23
0.84
Hr
Hr
Hr
Hr
Hr
Hr
Hr
300.00 Lb
4.00 Pt
50.00 AI
9.58 Hr
Dbl. Gang Disk Cult, 1 Rw
Fertilizer Broadcaster,
Laser, Complete System
Offset Disk, 18'
Section Harrow, 3 Section
Tractor, 125 PTO HP
Truck, 5 Ton w/1000 Gal
20-00-00, Amm. Nitrate,
Fenvalerate
Watermelon Bins
Truck Driver
3.21
0.22
0.45
0.45
0.51
0.45
1.35
Hr
Hr
Hr
Hr
Hr
Hr
Hr
500.00 Lb
6.00 Pt
84.80 Ea
1.50 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 / 226
Table 7E. Schedule of Operations; Spring Watermelons, 1998
COUNTY:Yuma
CROP:
Watermelons
AREA:
Yuma Valley North
First
No.MonthTimes
FARM: Yuma Vegetables 98
ACRES:
1.0
YIELD:
21.2 Tn / Acre
Operation
Page 38
WATER SOURCE:
Yuma County Water
IRRIGATION SYSTEM: Flood Furrow
PREVIOUS CROP:
Cotton, Upland
Equipment/ Custom Oper
HP Self-Prop./ Implement
150 V-Ripper, 7 Shnk
150 Offset Disk, 18'
125 Blade Scraper, 10'
Laser, Complete System
Soil Fertility
CST Soil Analysis (Surface)
Apply Fert/Ground
80 Fertilizer Broadcaster,
List
150 Lister, 5 Bottom
Shape Beds
100 Bed Shaper, 4 Rw
Saddle Tk Sprayer, 2 Tk 8 Row
Apply Herbicide/Ground80 Directed Spray Rig, 8 Row
Plant
100 Flexi-Planter - 4 Units
Fertilizer Injector, 3 Row
Make Ditches
Motor Grader, 12'
Dust Control
Truck, 5 Ton w/1000 Gal Tank
Irrigate
Knock Ditches
Motor Grader, 12'
Cultivate
80 Dbl. Gang Disk Cult, 1 Rw
Thinning
CST Thinning
Apply Fert/Ground
80 Fert. Side Dress Unit, 4Row
Apply Insect./Ground
80 Saddle Tk Sprayer, 2 Tk 8
Incorporate Herbicide 100 Dbl. Gang Disk Cult, 1 Rw
Section Harrow, 3 Section
Saddle Tk Sprayer, 2 Tk 8 Row
Hand Weeding
CST Hand Weeding
Irrigate
Turn Vines
CST Hand Weeding
Irrigate/Run Fertilizer
Job Rate
Acres/Hr
---------- Material Use and Cost ---------- Service Cost
Name
Appl. Rate $ / Unit
$ / Unit
1
2
3
Dec
Dec
Dec
1.3 Rip
2.0 Disk
2.0 Laser Level
3.00
6.00
4.00
4
5
6
7
Jan
Jan
Jan
Jan
1.0
1.0
1.0
1.0
4.00 11-52-00, Dry
6.00
0.75 Imidacloprid
8
9
Jan
Jan
1.0
1.0
10
11
12
13
14
15
16
17
18
Jan
Jan
Jan
Jan
Jan
Feb
Mar
Mar
Mar
7.0
150.0
1.0
7.0
6.0
1.0
2.0
3.0
1.0
19
20
21
22
Mar
Mar
Mar
Apr
1.0
4.0
2.0
2.0
23
24
25
May
May
Jun
4.0 Cut Melons
1.0 Haul, Custom
1.0 Residue Disposal
Pickup use 50 Mi/Ac
CST Cut & Load Melons
CST Haul Watermelons
150 Offset Disk, 18'
Pickup Truck, 1/2 Ton
TILLAGE: Double Crop
SOIL:
Sandy-Loam
DATE:
11/30/98
Labor
Type
Tractor
Tractor
Tractor
3.00 Ac
4.00 Endosulfan
1.75 Watermelon Seed
10-34-00, Lqd
20.00
100.00
1.33 Water, District
40.00
2.00
300.00 Lb 284.00 Tn
Tractor
Tractor
Tractor
16.00 Oz 591.67 Ga
2.00 Pt 34.80 Ga
3.00 Th 30.26 Th
7.00 Ga 266.40 Tn
18.00 AI
Tractor
Tractor
Tractor
Truck
Irrigators
Tractor
Tractor
0.00 AF
75.00 Ac
2.75 20-00-00, Amm. Nitrate, 250.00 Lb 222.50 Tn
4.00 Fenvalerate
2.00 Pt 140.69 Ga
1.75 Endosulfan
2.00 Pt 34.80 Ga
Tractor
Tractor
Tractor
75.00 Ac
3.00 Water, District
0.20
2.00 Water, District
32-00-00, URAN 32,
Watermelon Bins
6.00
0.60
4.00 AI
0.00 AF
Irrigators
75.00 Ac
8.00 AI
0.00 AF
15.00 Ga 173.00 Tn
21.20 Ea
9.00 Ea
Irrigators
1.55 Ct
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 13 / 226