Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
Alfalfa, Full Season, Baled - 7.5 Ton Goal, Flood Irrigated, El Paso Irrigation District Far West Extension District - 6
Crop Acres
122 Acres
122
REVENUE
Alfalfa Hay - 3X4
Total Revenue
Quantity
7.50
Units
Ton
$/Unit
$243.00
Total
$1,822.50
$1,822.50
VARIABLE COSTS
Production Costs
Fertilizer
Fertilizer 11-52-0
Custom
Soil Test
Custom Apply Fertilizer
Herbicide
Trifluralin
Pursuit
Crop Oil Concentrate
Insecticide
Warrior Z
Intrepid
Irrigation
Water Cost
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Gasoline
Pickup/General Use Equipment
Repairs & Maintenance
Pickup/General Use Equipment
Tractors/Self-Propelled
Implements
Interest on Credit Line
Total Variable Costs
Planned Returns Above Variable Costs:
Breakeven Price to Cover Variable Costs
Quantity
Units
$/Unit
Total
FIXED COSTS
Machinery Depreciation
Pickup/General Use Equipment
Tractors/Self-Propelled
Implements
Equipment Investment
Pickup/General Use Equipment
Tractors/Self-Propelled
Implements
Allocated Establishment Cost
Trans Pecos Irrigated Land
Total Fixed Costs
Total Specified Costs
73
Pound
$0.34
$24.82
$3,028.04
0.5
1
Each
Acre
$5.00
$4.00
$2.50
$4.00
$305.00
$488.00
2
5
5
Pint
Ounce
Pint
$3.13
$2.65
$2.03
$6.26
$13.25
$10.15
$763.72
$1,616.50
$1,238.30
7.04
2.31
Ounce
Ounce
$1.36
$1.67
$9.57
$3.86
$1,168.08
$470.64
48.00
AcreInch
$1.75
$84.00
$10,248.00
2.48
Hour
$12.00
$29.76
$3,630.72
13.49
Gallon
$2.15
$29.00
$3,538.43
1
Acre
$7.04
$7.04
$859.36
1
1
1
Acre
Acre
Acre
$1.61
$14.29
$2.09
6.50%
$1.61
$14.29
$2.09
$5.44
$247.64
$1,574.86
$196.20
$1,743.04
$254.72
$663.50
$30,212.23
$192,132.77
Total
Enterprise
Total
$33.02
Quantity
Units
1
1
1
$40.20
$282.65
$64.99
1
1
Ton
$/Unit
Acre
Acre
Acre
$6.03
$26.25
$5.45
$6.03
$26.25
$5.45
$735.75
$3,202.59
$664.74
Dollars
Dollars
Dollars
Acre
Acre
6.50%
6.50%
6.50%
$104.83
$40.00
$2.61
$18.37
$4.22
$104.83
$40.00
$207.77
$455.41
$318.83
$2,241.41
$515.36
$12,789.26
$4,880.00
$25,347.94
$55,560.18
$1,367.09
$166,784.82
Returns Above Specifiied Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$222,345.00
$222,345.00
Enterprise
Total
$60.72
Ton
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Ton
5.63
6.75
7.50
8.25
9.38
Price Needed to Cover Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$44.03
$44.03
$80.96
$80.96
$36.69
$36.69
$67.47
$67.47
$33.02
$33.02
$60.72
$60.72
$30.02
$30.02
$55.20
$55.20
$26.42
$26.42
$48.58
$48.58
Landlord
$0.00
$0.00
$0.00
$0.00
$0.00
Developed by Rob Hogan, Associate Professor and Extension Economist, Texas A&M AgriLife Extension.
Information presented is prepared solely as a general guide and not intended to recognize or predict the costs
and returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.