r
02000300
TEXAS HIGH PLAINS II
FOREWORD
r
The data contained in this report are based
on estimates and actual records of operations
within an area described as Texas High Plains
II. This area includes the "hardlands" or the
Pullman Clay Soils south of the Canadian River
in the Texas Panhandle. Variations in inputs
and returns exist among farms and managers.
However, these budgets should serve as useful
guides in planning and decision making for agri
culturalists concerned with the area described
above.
In order to analyze farm enterprises in Texas
High Plains II, certain basic assumptions were
necessary.
Farm size was assumed to be 1,150 acres for
irrigation and 3,000 acres for dryland. The
complement of equipment associated with this
farm size is shown on form 02000500.
r
Two different levels of management, typical
and high level, were assumed. High level man
agement was assumed to obtain higher yields
with the same fixed resources such as land and
irrigation water. In addition, the high level
manager made more efficient use of equipment
and utilized a more highly skilled labor supply
which resulted in lower machinery costs. Thus,
machinery and tractor costs for the typical man
ager were developed by multiplying high level
costs by a factor of 1.1 to differentiate between
the two levels of management. Budgets for irri
gated crops are based on the assumption of ade
quate water availability. No attempt was made
to impose a cropping pattern on these budgets
for the particular farm size.
Grazing data are estimated in pounds of gain.
Government payments were based on full allot
ments for each crop where applicable. No allow
ance was made for increased costs due to culti
vation of set aside acres since it was assumed that
benefits derived from clean tillage or planting
grazing crops on these acres would offset most
of these costs.
Labor was assumed to include the manager's
labor plus any additional labor necessary. Wage
rates for various jobs ranged from $1.50 to S2.00.
(See 02000400)
Land charge was estimated on the basis of
cash rent for irrigated land minus the fixed costs
on the pump and irrigation well. The cash lease
varied for different crops. (See 02000400)
Dryland rent was based on 14 of die gross
income for cotton and l/s of the gross for other
crops. The same percentage division was applied
to government payments for dryland.
It was assumed that government payments
would not be divided on irrigated land since the
operator would pay all variable costs for pro
ducing the crops.
02000400
TEXAS HIGH PLAINS II
r
Assumed Prices Paid And Received By Farmers
Item
Unit
Price
cwt.
cwt.
cwt.
cwt.
cwt.
bu.
cwt.
$ 4.50
19.50
15.00
21.00
8.00
2.50
50.00
30.00
21.00
20.00
30.00
20.00
Prices Paid 1/
r
Seed:
Rye
Cotton (Di-Syston treated)
Cotton (delinted)
Grain Sorghum
Soybean
Wheat (cleaned and treated)
Alfalfa
Corn
Forage Sorghum Ensilage
Sudan
Brome
Vetch
Custom Rates:
Combining soybeans
Combining wheat
Combining grain sorghum (dryland)
Combining grain sorghum (irrigated)
Sugar beet harvest and haul
Hay harvest, Swath, bale, haul
Corn, harvest, including haul
Windrow beet tops
Hauling:
Grain sorghum
Soybeans
Wheat
Chemical spraying (aerial)
Chemical spraying (ground)
Cotton ginning
Fuel and lubricants:
L.P. gas
Diesel fuel
Motor oil (heavy duty, detergent)
Lubricant (tube)
Fertilizer (bulk):
Nitrogen (anhydrous)
Nitrogen (granular)
Labor (except hoeing & irrigation)
Labor (irrigation)
Labor (hoeing)
cwt.
cwt.
cwt.
cwt.
cwt.
acre
acre
acre
cwt.
ton
bale
bu.
acre
5.00
3.50 2/
2.50
.10
2.25
.45
.20
5.00
cwt.
.10
bu.
.08
bu.
.05 3/
acre
1.25
acre
.75
s wt. bale 21.50 47
gal.
gal.
gal.
lb.
.11
.15^
1.05
.39
lb.
lb.
hour
hour
hour
.035
.075
2.00
1.75
1.50
r
New, 1972
02000400
TEXAS HIGH PLAINS II
Assumed Prices Paid And Received By Farmers
Item
Capital
Chemicals:
Pre-emergence herbicide
Methyl parathion
Malathion
Land Lease (cash rent)
General
Sugarbeets & vegetables
Alfalfa & permanent pasture
Hail insurance:
Wheat
Cotton
Corn
Grain Sorghum
Interest
Capital
Operating
Price
Unit
$
5 gal.
gal.
gal.
1
.08
110.00
5.25
11.00
ac.
ac.
ac.
35.00
50.00
40.00
$100
$100
$100
$100
14.00
13.00
9.45
7.15
.08
.085
$
$
Prices Received
Cotton
Cotton seed
Wheat
Grain sorghum
Alfalfa hay (standing in field)
Forage sorghum hay (baled, in stack)
Ensilage (corn) standing in field
Pasture grazing
Pasture grazing
Corn (grain)
Soybeans
Sugar beets
22 T @ 14%
20 T @ 12%
lb. Lint
ton
bu.
cwt.
ton
ton
ton
AUM
lb. gain
bu.
bu.
$
.20
60.00
1.30 5/
2.00 5/
20.00
25.00
5.50
8.00
.18
1.15
2.50
ton
ton
10.50
9.20
1/ These price assumptions are not to be interpreted as predictions or
prospective prices.
2/ $3.50 per acre plus $0.05 per bushel of yield over 20 bushels per acre.
3/ Hauling-combine to elevator $0.05/bu. + $0.05/bu./mi. over 5 miles.
4/ Ginning, $13.25; bagging and tying, $7.00 + Miscellaneous costs, $1.25.
5/ Does not include Government Payment which a farmer might receive for
participating in farm programs.
" ^
I
I
■ >
TEXAS HIGH PLAINS II
02000500
•
Estimated Machinery And Equipment Cost Per Hour Of Use
Machinery
Item and Size
Tractor, 100 HP
Tractor, 85 HP
Tractor, 45 HP
Rolling Cultivator
Oneway, 15'
4-Bottom Moldboard
Chisel, 13*
Float
Border Disc
Flex Planter, 6R
Lister-Planter, 6R
Tandem Disc. 13'
Offset Disc.
Grain Drill, 16'
Shredder, 4R
Rod Weeder, 6R
Sandfighter 8R
4-8" wells + Equip
Bedshaper
Harrow
Clod Buster
Beet Thinner, 6R
Herbicide Sprayer,
Tool
Bar.* 6R
_
1/
2/
3/
4/
5/
Item
No.
1
2
3
6R
4
5
Plow 6
7
8
9
10
11
12
13
14
15
16
17
18
5/
19
20
21
22
8R
23
24
-pH
.N_e w E
_ _s t i m a l - .
To t a l
Tvnira 1 Yr<3 .
Cost -"
Depr._/
Of Use
Estimated
Total Hrs.
Of Use
Depr.
Per Hr.2/
Interest on
Investment
Per Hour 2/
Fuel, Oil,
Lub., Rep . ,
Per Hr. _/
$10,500
8,000
3,500
1,700
1,800
1,400
800
1,500
200
580
1,800
1,400
2,000
1,600
1,400
325
300
5
8
12
8
10
8
8
10
10
5
8
8
8
10
8
5
10
$6,015
4,896
3,500
1,268
1,343
1,044
597
1,194
160
375
1,343
1,044
1,492
1,274
1,044
200
215
5,000
6,400
7,200
1,600
1,500
1,600
1,600
1,000
1,600
1,000
1,000
1,600
1,600
1,200
1,000
1,200
1,000
$1.20
.77
.49
.79
.90
.65
.37
1.19
.10
.38
1.34
.65
.93
1.06
1.04
.17
.21
$ .60
.56
.23
.43
.60
.35
.20
.72
.06
.16
.72
.35
.50
.64
.56
.08
.12
$1.48
1.28
.65
.91
.63
.49
.43
.32
.08
.39
1.28
.49
.69
.44
.77
.10
.30
800
300
385
1,800
500
200
12
12
12
10
10
12
675
250
350
1,500
400
175
1,600
1,600
2,000
1,000
2,000
2,000
.42
.16
.18
1.50
.20
.09
.28
.11
.10
.84
.12
.05
.30
.11
.05
.74
.26
.05
New cost less value at time of trade, or 1<BSS salvage value.
Assumes straight line depreciation.
(Investment + Salvage) •; 2 (8%) divid.=d by annual hours of use.
F u e l , o i l , l u b ]r i c a t i o n , repair cost estimate 1taken from Bowers. Modern Concepts of Farm Machine :ry Mgmt.
See attached I:r r i g a t i o n Cost Analysis
This complement sufficient for a two-section, above-average manager. Both machinery cost per hour and farm
size will be greater for typical management; machinery cost estimated a 1.1 times the cost for high level
manager
due to reduced efficiency ' and increased repair cost. N e w ,
5
1972
02000600
TEXAS HIGH PLAINS II
Yield Per Acre For Typical And High Level Management
■
Irrigated
Dryland
Typical High Level Typical High Level
Crop
Unit
Cotton
lbs.
500
600
150
Grain Sorghum
lbs.
6,500
7,500
1,700
Corn For Grain
bu.
110
140
Corn For Silage
tons
20
27
Forage Sorghum
for Grazing
lb. gain 405
540
Forage Sorghum
for Hay
tons
Soybeans
bu.
Alfalfa
tons
Sugar Beets
tons 20 @ 12%
Permanent Pasture
lb. gain 650
Wheat for Grain
bu.
37
45
15
25
Wheat for Grain
lb. gain 200
250
90
120
Wheat for Graze
lb gain 460
580
125
175
Annual Winter
Pasture
lb. gain 550
650
Life of Alfalfa
Stand
years
5
Life of Permanent
Pasture Stand
years
7
200
50
35
45
6
8
22 @ 14%
750
10
New, 1972
^
02000700
TEXAS HIGH PLAINS II
Estimated Costs Of Irrigation Water
Well
Distribution
System
Depth GPM
feet
Power _/
Source
Per Acre Inch
Labor
Labor
To t a l
Fixed
Operating
Cost
Cost 2/ Cost 3/ Requirement Cost
dollars dollars
hrs.
d o l l a r s dollars
150
75
h.m sprinkler e l e c t r i c i t y
Sidemove-tow e l e c t r i c i t y
.77
1.07
1.63
1.91
.211
.047
.37
.08
2.77
3.08
200
100 h.m sprinkler e l e c t r i c i t y
skid tow line e l e c t r i c i t y
150 h.m sprinkler e l e c t r i c i t y
skid tow line electricity
n a t . gas
250 s i d e r o l l
furrow
n a t . gas
400 s i d e r o l l
n a t . gas
s. propelled n a t . gas
n a t . gas
furrow
600 s i d e r o l l
n a t . gas
s. propelled n a t . gas
furrow
n a t . gas
n a t . gas
800 s i d e r o l l
s. propelled n a t . gas
furrow
n a t . gas
.89
.97
.83
.91
.75
.42
.75
.42
.46
.75
1.13
.44
.74
1.11
.44
1.63
1.83
1.24
1.44
1.43
.98
1.27
.98
.82
1.18
1.29
.73
1.11
1.22
.66
.211
.063
.211
.063
.063
.123
.063
.123
.123
.063
.022
.123
.063
.022
.123
.37
.11
.37
.11
.11
.22
.11
.22
.22
.11
.04
.22
.11
.04
.22
2.89
2.91
2.44
2.46
2.29
1.62
2.13
1.62
1.50
2.04
2.46
1.39
1.96
2.37
1.32
250
300 s i d e r o l l
furrow
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
gas
gas
gas
gas
gas
gas
gas
gas
.78
.50
.77
1.14
.46
.78
1.15
.46
1.45
1.00
1.36
1.48
.92
1.25
1.37
.81
.063
.123
.063
.022
.123
.063
.022
.123
.11
.22
.11
.04
.22
.11
.04
.22
2.34
1.72
2.24
2.66
1.60
2.14
2.56
1.49
800 s i d e r o l l
s. propelled
furrow
n a t . gas
n a t . gas
n a t . gas
.77
1.12
.46
1.19
1.31
.75
.063
.022
.123
.11
.04
.22
2.07
2.47
1.43
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
.79
1.16
.48
.80
1.15
.48
.78
1.14
.48
.77
1.13
.47
1.47
1.57
1.01
1.33
1.45
.88
1.26
1.37
.81
1.24
1.36
.80
.063
.022
.123
.063
.022
.123
.063
.022
.123
.063
.022
.123
.11
.04
.22
. 11
.04
.22
. 11
.04
.22
.11
.04
.22
2.37
2.77
1.71
2.24
2.64
1.58
2.15
2.55
1.51
2.12
2.53
1.49
300
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
800 s i d e r o l l
s. propelled
furrow
1000 s i d e r o l l
s. propelled
furrow
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
New, 1972
02000700
TEXAS HIGH PLAINS II
Estimated Costs Of Irrigation Water
"
Well Distribution
Depth GPM System
Per Acre Inch
P o w e r 1 / O p e r a t i n g F i x e d L a b o r L a b o r To t a l
Source Cost 2/ Cost 3/ Requirement Cost Cost
hrs.
dollars dollars
dollars dollars
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
.83
1.20
.52
.81
1.18
.52
.80
1.16
.50
.80
1.16
.50
1.56
1.67
1.11
1.40
1.52
.96
1.32
1.44
.88
1.30
1.42
.86
063
022
123
063
022
,123
,063
.022
,123
.063
.022
.123
11
04
22
11
04
22
11
,04
,22
,11
.04
.22
2.50
2.91
1.85
2.32
2.74
1.70
2.23
2.64
1.60
2.21
2.62
1.58
500 800 side roll nat. gas
s. propelled nat. gas
furrow nat. gas
.86
1.21
.56
1.47
1.59
1.02
.063
.022
.123
.11
.04
.22
2.44
2.84
1.80
600 1000 side roll nat. gas
s. propelled nat. gas
furrow nat. gas
.89
1.24
.60
1.45
1.56
1.00
.063
.022
.123
.11
.04
.22
2.45
2.84
1.82
350
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
800 s i d e r o l l
s. propelled
furrow
1000 s i d e r o l l
s. propelled
furrow
>
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
_1/. LP gas as a power source can be fit into this table by increasing the
operating cost for self-propelled sprinklers by 1.65; by 1.80 for all other
sprinklers, and by 1.95 for furrow irrigation.
_/. Includes fuel, lubrication, maintenance and repair on well, pumping plant,
and distribution system.
3/. Includes depreciation and interest on investment for well, pumping plant,
and distribution system.
* Prepared by Marvin 0. Sartin, Area Farm Management Specialist, Texas
Agricultural Extension Service, Lubbock, Texas; 5/71.
~
02006112
ALFALFA ESTABLISHMENT, IRRIGATED. HIGH PLAINS II
E?*PH**S*.Costs And Returns Per Acre Of Alfalfa Establishment. High Level Management
T
t i U n ij t. .
P
r_t
_Q. _u a n t iVt ay l u e
or
I t fecm
_ r i c e _ _ . o„ r
Cost/Unit
x
J
Cost
1. No Income
2. Variable Costs:
Seed
lb.
$
Fertilizer
(20-80-0)
ac.
Machinery
ac.
Tractor
(1)
hr.
Tractor
(2)
hr.
Tractor
(3)
hr.
Labor, Tractor & Machinery hr.
Labor,
Irrigation
hr.
Irrigation
Machinery
ac.
Pickup,
Miscellaneous
ac.
Interest
on
Op.
Cap.
$
To t a l
3. Fixed Costs:
Machinery
Tractor
Tractor
Tractor
Irrigation
Land
(Net
Va r i a b l e
(1)
(2)
(3)
ac.
.50
7.10
.60
1.48
1.28
.65
2.00
1.75
6.44
5.00
.085
Costs
hr.
hr.
hr.
ac.
Rent)
1/
ac.
15
1
1.0
.33
1.16
.10
2.00
1.72
1.0
1.0
17.85
$
1.99
1.80
1.33
.72
10.55
11 . 5 6
Total Fixed Costs
$ 7.50
7.10
.60
.49
1.49
.07
4.00
3.01
6.44
5.00
1.52
37.22
1.0
.33
1.16
.10
1.0
1.0
$
1.99
.59
1.44
.07
10.55
11.56
$ 26.30
4. Total Establishment Costs
$ 63.50
5. Annual Establishment Costs (7 year life)
$
9.07
1/ $20/acre, 1/2 annual rental less 80% of irrigation fixed costs
D e v e l o p e o b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w, 1 9 7 2
C'K'peraiivc Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30, 1914.
AECO 6
Operation
02006111
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre
Of Alfalfa Establishment, High Level Management
Labor m Fuel, Oil, _____ __
I t e m „ „ « . „ Ti m e s u _ _ . _ - . Q Tr a c t o r o r T . „ _ _ _ F i x e d c o s t s
No. Date Over H™" Mach. Hrs. Lub., Rep. Per Acre
(1)
Per
Acre
Plow, Bust
1,6,21
July
1
.41
.33
Tandem Disc
2,12
Aug
2
.50
Float
2,8
Aug
2
Border
2,9
Aug
Fertilize
3
Plant
2,14
.16
$ .33
.40
.20
.40
.63
.50
.16
.96
1
.13
.10
.01
.02
Aug
1
.13
.10
Aug
1
.20
.16
.07
.28
2.00
1.59
.60
$ 1.99
$ 6.44
$10.55
TOTALS
Irrigation: (2)
Aug, Sept
Nov
3
1.72
$
$
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
Developeo by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30, 1914.
AECO 6
^
\
02005il2
ALFALFA, IRRIGATED, HIGH PLAINS II
Estimated Costs And Returns Per Acre Of Alfalfa, High Level Management
T
I t _e m
1.
Gross
._.__
U .n i t
receipts,
from
2. Variable Costs:
Establishment
Fertilizer (0-100-0)
Tractor (3)
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Irrigation Machinery
Pickup, Miscellaneous
Interest on Op. Cap.
P r i c eC o s t o/ U
r nit rt
production:
ac.
ac.
h r.
h r.
h r.
ac.
ac .
$
ton
.Q u a n. .t i t y V a l u eC o s to r
$
9.07
8.00
.65
2.00
1.75
15.64
5.00
.085
20.00
8.0
$160.00
1.0
1.0
.10
.13
$ 9.07
8.00
4.17
7.30
15.65
5.00
1.54
1.0
1.0
18.14
Total Variable Costs
$ 46.88
3. Income Above Variable Costs
4. Fixed Costs:
Tractor (3)
Irrigation
Land (Net Rent) 1/
/
^
.07
.26
$113.12
h r.
ac.
ac.
Total Fixed Costs
.72
25.50
19.60
.10
1.0
1.0
$ .07
25.50
19.60
$ 45.17
5 . To t a l C o s t s
$ 92.05
6. Net Returns
$ 67.95
_/ $40/acre less 80% of irrigation fixed costs
D e v e l o p e o b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . j j e w 1 9 7 2
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
02005111
ALFALFA. IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre Of Alfalfa, High Level Management
Labor
Fuel,
Oil,
__,.
J
^*\
,O* p e. .r.a. t iI ot e
m
^
^
T
i
m
e
s
H
r
t
t
i
r
.
a
T
r
a
c
t
o
r
o
r
T
.
„
_
„
F
i
x
e
d
c
o
s
t
s
n N D a t e ^ H o u r s ^ ^ fl r 8 L u b . , R e p . P e r A c r e 1'
(1)
Fertilize
3
TO TA L
Irrigation:
Mar
1
_13
.13
(2)
MarSept
Per
Acre
.10
.10
8
4.17
$15.64
$25.50
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June SO, 1914.
AECO 6
02006122
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of Alfalfa Establishment, Typical Management
P r i ^c .e. . Po rri c_e_ o r _Q_ u _
.a_,n. t_i ,tVyaV laul eu e o( r
Cost/Unit Q<K«"xty Cost
tI ♦
t e -m_ . « - . U nni -t . - . * ._
1. No Income
2. Variable Costs:
Seed
Fertilizer (20-80-0)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Labor, Irrigation
Irrigation Machinery
Pickup, Miscellaneous
Interest on Op. Cap.
To t a l
3. Fixed Costs:
Machinery
Tractor
Tractor
Tractor
Irrigation
Land
(Net
lb.
ac.
ac.
h r.
h r.
h r.
h r.
h r.
ac.
ac.
$
Va r i a b l e
(1)
(2)
(3)
Rent)
$
ac.
.50
7.10
.67
1.63
1.41
.72
2.00
1.75
7.08
5.00
.085
Costs
hr.
hr.
hr.
ac.
_/
ac.
2.19
1.98
1.46
.79
11 . 5 5
10.76
15
1
1.0
.33
1.16
.13
2.0
1.72
1.0
1.0
14.77
$
$ 7.50
7.10
.67
.54
1.64
.09
4.00
3.01
7.08
5.00
1.56
38.19
1.0
.33
1.16
.13
1.0
1.0
Total Fixed Costs
$ 2.19
.65
1.69
.10
11.55
10.76
$ 26.94
4. Total Establishment Costs
$ 65.13
5. Annual Establishment Costs (5 year life)
$ 13.02
1/ $20/acre (1/2 annual rental) less 80% of irrigation fixed costs
D e v e l o p e o b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w 1 9 7 2
(•..operative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
02006121
ALFALFA ESTABLISHMENT, IRRIGATED, HIGH PLAINS II
Estimated Costs, And Requirements Per Acre Of Alfalfa. Typical Management
Labor
,
. _i l.,
F u e. l., _ O
Item n_*-o Times Hniirft Tractor or - . - Fixed costs
Operation
No. Date Over H°J™ Mach. Hrs. Lub--ReP- Per Acre
Per Acre
Plow, Bust
1,6,21
July
1
.41
.33
Tandem Disc
2,12
Aug
2
.50
Float
2,8
Aug
2
Border
2,9
Aug
Fertilize
3
Plant
2,14
.18
$ .36
.40
.22
.44
.63
.50
.18
1.06
1
.13
.10
.01
.02
Aug
1
.13
.10
Aug
1
.20
.16
.08
.31
2.00
1.59
.67
$ 2.19
$ 7.08
$11.55
TOTALS
Irrigation:
Aug-Sept
Nov
3
1.72
$
$
1
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
NOTE: Machinery costs per hour estimated at 1.1 times the cost for high level
manager due to decreased efficiency and increased repair costs.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
A ECO 6
"
>
02005122
ALFALFA, IRRIGATED. HIGH PLAINS II
r
Estimated Costs And Returns Per Acre Of Alfalfa, Typical Management
ITt *e. m
1.
Gross
it
U n -i t* .
receipts,
from
P
_Q. u
. a n t iVt ay l u e
or
_ r i c e / T To r
._
Cost/Unit
x
7
Cost
production:
ton
$
20.00
6
$120.00
1
1.0
.10
.13
3.19
1.0
1.0
20.94
$ 13.02
4.80
.07
.26
5.58
13.16
5.00
1.78
2. Variable Costs:
Establishment
ac.
13.02
Fertilizer
(0-60-0)
ac.
4.80
Tractor
(3)
hr.
.72
Labor,
Tractor
&
Machinery
hr.
2.00
Labor,
Irrigation
hr.
1.75
Irrigation
Machinery
ac.
13.16
Pickup,
Miscellaneous
ac.
5.00
Interest
on
Op.
Cap.
$
.085
To t a l Va r i a b l e C o s t s
$ 43.67
3 . I n c o m e A b o v e Va r i a b l e C o s t s
$ 76.33
4. Fixed Costs:
r
Tractor
Irrigation
Land
(Net
Total Fixed Costs
(3)
ac.
rent)
1/
hr.
ac.
.79
21.45
22.84
.10
1.0
1.0
$
.08
21.45
22.84
$ 44.37
5 . To t a l C o s t s
$ 88.04
6. Net Returns
$ 31.96
1 / $ 4 0 / a c r e l e s s 8 0 % o f i r r i g a t i o n fi x e d c o s t s
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w 1 9 7 2
Coo.pcn.live Ex'cnsion Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
02005121
ALFALFA. IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre Of Alfalfa, Typical Management
Labor
Fuel,
Oil,
.. n „., Item n-4._ Times «__„,.__ Tractor or T . „___, Fixed costs
Operation No# Date Qver Hours m^. Hrs. Lub., Rep. Per Acre
(1)
Per
Acre
Fertilize
3
TO TA L
Irrigation:
Mar
1
JL3
.13
(2)
MarSept
.10
.10
6
3.19
$13.16
$21.45
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and ,-—^
4
acre
inches
at
each
postplant.
]
NOTE: Machinery cost per hour estimated at 1.1 times the cost for high level
manager due to reduced efficiency and increased repair cost.
Developed by Extension Economists-Hanacement, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 80, 1914.
AECO 6
02060112
CORN FOR GRAIN. IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of
Corn For Grain, High Level Management
Item
1. Gross receipts from production:
Grain
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (180-60-0)
Herbicide (custom)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Irrigation Machinery
Pickup & Miscellaneous
Crop Insurance
Iterest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Custom, includes haul
sj^\
Unit
bu.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
ac.
ac.
$100
$
bu.
Price or
Cost/Unit
$ 1.15
.30
11.10
6.75
1.55
1.48
1.28
2.00
1.75
10.12
5.00
9.45
.085
.20
Quantity
Value or
Cost
140.0
$161.00
25.0
1.0
1.0
1.0
1.02
1.32
2.92
2.70
1.0
1.0
.80
31.06
140.0
Total Variable Costs
$ 28.00
$ 92.76
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land (Net Rent) 1/
$ 7.50
11.10
6.75
1.55
1.51
1.69
5.84
3.50
10.12
5.00
7.56
2.64
$ 64.76
$ 68.24
ac.
h r.
h r.
ac.
ac.
3.35
1.80
1.33
16.50
21.80
1.0
1.02
1.32
1.0
1.0
Total Fixed Costs
$
3.35
1.84
1.76
16.50
21.80
$ 45.25
5 . To t a l C o s t s
$138.01
6. Net Returns
$ 22.99
7. Government Payments ($.32/bu. x 140 bu. x 50% allot.)
$ 22.40
8. Net Return Including Government Payment 2/
$ 45.39
_/ $35/acre less 80% of irrigation fixed costs
2/ Based on planted acres. No allowance made for set-aside acreage of 20%
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . ^ N e w, 1 9 7 2
(•.•operative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
AECO 6
02060111
CORN FOR GRAIN. IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre
Of Corn For Grain, High Level Management
Labor __ Fuel, Oil, _. ,
IlmeB
Hours
Tractor
^b., Rep. *£***
costs
Over ,"Z
Mach.
Hrs. or*■»■"'•.»■»*•
per Acre
(1)
Per
Acre
Item
No.
Date
Shred & Disc
1,12,15
Nov
1
.20
.16
$ .21
$ .43
Tandem Disc
2,12
Nov
1
.25
.20
.10
.20
Chisel,Harrow
1,7,20
Dec
1
.31
.25
.09
.10
Offset Disc
1,13
Feb
1
.31
.25
.17
.36
Tandem Disc
2,12
Feb
1
.25
.20
.10
.20
Float
2,8
Mar
2
.63
.50
.16
.96
List & Fert
1,11
Mar
1
.25
.20
.26
.41
Rod Weeder
2,16
Apr
1
.16
.13
.01
.03
Plant & Incorp.
Herbicide
1,11
23,10
Apr
1
.20
.16
.33
.49
Cultivate
2,4
May
1
.16
.13
.11
.15
Water Furrow
2,24
May
1
.20
.16
.01
.02
2.92
2.34
$ 1.55
$ 3.35
Operation
TOTALS
~
\
Igation:
Preplant (2)
Postplant (2)
TOTALS
Mar
1
.74
$ 2.76
$ 4.50
June-Aug 4
1.96
7.36
12.00
2.70
$10.12
$16.50
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well, furrow
irrigation, natural gas pumping unit; 6 acre inches preplant and 4 acre s~\
inches
at
each
postplant.
)
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Hone Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 80, 1914.
A*CO 6
02060122
CORN FOR GRAIN, IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of
Corn For Grain, Typical Management
Item
Unit
Price or
Cost/Unit
Quantity
Value or
Cost
$ 1.15
110
$126.50
.30
25
1
1
1
$ 7.50
10.05
6.75
1.71
1.66
1.86
5.84
3.87
9.11
5.00
5.67
2.51
1. Gross receipts, from production:
Grain
bu.
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (150-60-0)
Herbicide (Custom)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Irrigation Machinery
Pickup, Miscellaneous
Crop Insurance
Interest on Op. Capital
j ^ \
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
ac.
ac.
$100
$
10.05
6.75
1.71
1.63
1.41
2.00
1.75
9.11
5.00
9.45
.085
1.02
1.32
2.92
2.21
1
1
.6
29.51
Subtotal, Pre-Harvest
Harvest:
Custom includes haul
$ 61.53
bu.
.20
110
Total Variable Costs
$ 83.53
3. Income Above Variable Costs:
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land (Net Rent) 1/
$ 22.00
$ 42.97
ac.
hr.
h r.
ac.
ac.
3.69
1.98
1.46
14.85
23.12
Total Fixed Costs
1
1. 02
1. 32
1
1
$ 3.69
2.02
1.93
14.85
23.12
$ 45.61
5 . To t a l C o s t s
$129.14
6. Net Returns
$ (2.64)
7. Government Payments ($.32/bu. x 1
bu. x 50% allot.)
8. Net return including Government Payment
tent
$ 17.60
$ 14.96
1 / $ 3 5 / a c r e l e s s 8 0 % o f i r r i g a t i o n fi x e d c o s t s
Developed by Extension Economists-Management,
TAES, TAMU.
.
_
Nf>w,
1972
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
02060121
CORN FOR GRAIN, IRRIGATED, HIGH PLAINS II
Estimated Costs, And Requirements Per Acre
Of Corn For Grain, Typical Management
Labor
Fuel,
Oil,
Item tv-....
Times u~..„_. Tractor or T._»_ ' » " Fixed costs
Date
No.
Over
Per Acre
(1)
Operation
Shred & Disc
1,12,15
Nov
1
.20
.16
$ .23
$ .47
Tandem Disc
2,12
Nov
1
.25
.20
.11
.22
Chisel,Harrow
1,7,20
Dec
1
.31
.25
.10
.11
Offset Disc
1,13
Feb
1
.31
.25
.19
.40
Tandem Disc
2,12
Feb
1
.25
.20
.11
.22
Float
2,8
Mar
2
.63
.50
.18
1.06
List & Fert
1,11
Mar
1
.25
.20
.29
.45
Rod Weeder
2,16
Apr
1
.16
.13
.01
.03
Plant & Incorp. Herb.
1,11
23,10
Apr
1
.20
.16
.36
.54
Cultivate
2,4
May
1
.16
.13
.12
.17
Water Furrow
2,24
May
1
.20
.16
.01
.02
2.92
2.34
$ 1.71
$ 3.69
TOTALS
Irrigation:
Preplant (2)
Mar
1
.74
$ 3.04
$ 4.95
Postplant (2)
Mav-Aug
3
1.47
6.07
9.90
2.21
$ 9.11
$14.85
TOTALS
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and 4
acre inches at each postplant.
NOTE: Machinery costs per hour estimated at 1.1 times the cost for high level
manager due to decreased efficiency and increased repair costs.
Developeo by Extension Economists-Management,, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Tews A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 80. 1914.
AECO 6
/ ~ \
02065112
CORN FOR SILAGE. IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of
Corn For Silage, High Level Management
Itera
Unlt
C .o. s t_/ _U.n iPt r i c e Co jr- mr tt i t. y. .
V a l Cu oe s to r
1. Gross receipts from production:
Silage,
in
fi e l d
ton
$
5.50
27.0
$148.50
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (180-60-0)
Herbicide (custom)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor, Irrigation
Irrigation Machinery
Pickup & Miscellaneous
Crop Insurance
Interest on Op. Cap.
Subtotal,
3.
Income
Above
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land (Net Rent) 1/
lb.
ac.
ac.
ac.
h r.
h r.
.30
11.10
6.75
1.55
1.48
1.28
hr.
2.00
h r.
1.75
ac.
10.12
ac.
5.00
$100
9.45
$
.085
Pre-Harvest
Va r i a b l e
ac.
h r.
h r.
ac.
ac.
Total Fixed Costs
Costs
3.35
1.80
1.33
16.50
21.80
25.0
1.0
1.0
1.0
1.02
1.32
2.92
2.70
1.0
1.0
.65
31.06
$ 7.50
11.10
6.75
1.55
1.51
1.69
5.84
3.50
10.12
5.00
6.14
2.64
63.34
$
85.16
1.0
1.02
1.32
1.0
1.0
$ 3.35
1.84
1.76
16.50
21.80
$
$ 45.25
5. Total Costs
$108.59
6. Net Returns
$ 39.91
1/ $35/acre less 80% of irrigation fixed costs
_/ Planted on acres outside government program
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w 1 9 7 2
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
A ECO 6
02065111
CORN FOR SILAGE, IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre
Of Corn For Silage, High Level Management
Labor
Fuel,
Oil,
Fixed costs
Per Acre
Item
No.
Date
Times
Over
Shred & Disc
1,12,15
Nov
1
.20
.16
$ .21
$ .43
Tandem Disc
2,12
Nov
1
.25
.20
.10
.20
Chisel,Harrow
1,7,20
Dec
1
.31
.25
.09
.10
Offset Disc
1,13
Feb
1
.31
.25
.17
.36
Tandem Disc
2,12
Feb
1
.25
.20
.10
.20
Float
2,8
Mar
2
.63
.50
.16
.96
List & Fert
1,11
Mar
1
.25
.20
.26
.41
Rod Weeder
2,16
Apr
1
.16
.13
.01
.03
Plant & Incorp. Herb.
1,11
23,10
Apr
1
.20
.16
.33
.49
Cultivate
2,4
May
1
.16
.13
.11
.15
Water Furrow
2,24
May
1
.20
.16
.01
.02
2.92
2.34
$ 1.55
$ 3.35
Operation
TOTALS
H?u"
£ch!°£rs!
Lub**•
(1)
Per
Acre
Irrigation:
Preplant (2)
Mar
1
.74
$ 2.76
$ 4.50
Postplant (2)
Jun-Aug
4
1.96
7.36
12.00
2.70
$10.12
$16.50
TOTALS
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work In Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. aa amended, and June 80. 1914.
AECO 6
^
\
02065122
CORN FOR SILAGE, IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of
Corn For Silage, Typical Management
^
\
Item
Unit
Price or
Cost/Unit
ton
$ 5.50
Quantity
Value or
Cost
1. Gross receipts from production:
S i l a g e , i n fi e l d
2 . Va r i a b l e C o s t s :
Seed
Fertilizer (180-60-0)
Herbicide (custom)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Irrigation Machinery
Pickup & Miscellaneous
Crop Insurance
Interest on Op. Cap.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
ac.
ac.
$100
$
.30
11.10
6.75
1.71
1.63
1.41
2.00
9 . 11
5.00
9.45
.085
20.0
25.0
1.0
1.0
1.0
1.02
1.32
2.92
1.0
1.0
.50
27.20
Total Variable Costs
7.50
11.10
6.75
1.71
1.66
1.86
5.84
9.11
5.00
4.72
2.51
$ 61.63
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land (Net Rent) _/
$110.00
$ 48.37
ac.
h r.
h r.
ac.
ac.
3.69
1.98
1.46
14.85
23.12
Total Fixed Costs
1.0
1.02
1.32
1.0
1.0
$ 3.69
2.02
1.93
14.85
23.12
$ 45.61
5 . To t a l C o s t s
$107.24
6. Net Returns 2/
$ 2.76
_/ $35/acre less 80% of irrigation fixed costs
2/ Planted on acres outside the government program
Developeo by Extension Economists-Management, TAES, TAMU
N e w, 1 9 7 2
(-•operative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June SO, 1914.
AFCCl fi
02065121
CORN FOR SILAGE, IRRIGATED. HIGH PLAINS II
Estimated Costs, And Requirements Per Acre
Of Corn For Silage, Typical Management
Labor
Fuel,
Oil,
___
I t e m - , . _ , T i m e s « , _ _ „ _ _ _ T r a c t o r o r T. , D o „ F i x e d c o s t s
No. Date Over H°?" Mach. Hrs. Lub., Rep. per Acr£
(1)
Per
Acre
Operation
Shred & Disc
1,12,15
Nov
1
.20
.16
$ .23
$ .47
Tandem Disc
2,12
Nov
1
.25
.20
.11
.22
Chisel, Harrow 1,7,20
Dec
1
.31
.25
.10
.11
Offset Disc
1,13
Feb
1
.31
.25
.19
.40
Tandem Disc
2,12
Feb
1
.25
.20
.11
.22
Float
2,8
Mar
2
.63
.50
.18
1.06
List & Fert
1,11
Mar
1
.25
.20
.29
.45
Rod Weeder
2,16
Apr
1
.16
.13
.01
.03
Plant & Incorp. Herb.
1,11
23,10
Apr
1
.20
.16
.36
.54
Cultivate
2,4
May
1
.16
.13
.12
.17
Water Furrow
2,24
May
1
.20
.16
.01
.02
2.92
2.34
$ 1.71
TOTALS
$ 3.69
Irrigation:
Preplant (2)
Postplant (2)
TOTALS
Mar
1
.74
$ 3.04
$ 4.95
May-Aug 3
1.47
6.07
9.90
2.21
$ 9 . 11
$14.85
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
(2) See attached irrigation cost sheet. Assumed at 800 gpm, 250 feet well,
furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
NOTE: Machinery costs per hour estimated at 1.1 times the cost for high level
manager due to decreased efficiency and increased repair costs.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
*
>
02075112
COTTON, IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of Cotton, High Level Management
Item
1. Gross receipts from production:
Lint
Seed
To t a l
2. Variable Costs:
Pre-Harvest:
Seed 1/
Fertilizer (60-40-0)
Herbicide
Insecticide (custom applied)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation Machinery
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest Costs:
Strip & Haul
Ginning
Subtotal, Harvest
Unit
lb.
ton
Price or
Cost/Unit
Quantity
.20
60.00
600.0
.47
$120.00
28.20
$148.20
$
.15
5.30
3.13
2.25
1.65
1.48
1.28
.65
8.28
2.00
1.75
5.00
13.00
.085
38.0
1
1.5
1.0
1.0
1.02
1.32
.03
1.0
2.96
2.21
1.0
.75
27.82
5.70
5.30
4.70
2.25
1.65
1.51
1.69
.02
8.28
5.92
3.87
5.00
9.75
2.37
$ 58.01
cwt.
bale
.50
21.50
26.0
1.2
$ 13.00
lb.
ac.
pt.
ac.
ac.
h r.
h r.
h r.
ac.
h r.
h r.
ac.
$100
$
Total Variable Costs
$
25.80
$ 38.80
$ 96.81
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land (Net Rent)
Value or
Cost
$ 51.39
ac.
h r.
h r.
h r.
ac.
ac.
Total Fixed Costs
3.48
1.80
1.33
.72
13.50
24.20
1.0
1.02
1.32
.03
1.0
1.0
$
3.48
1.84
1.76
.02
13.50
24.20
$ 44.80
5 . To t a l C o s t s
$141.61
6. Net Returns
$ 6.59
7. Government Payment ($.15 x 600 lb lint/A)
$ 90.00
8. Net Returns Including Government Payment
$ 96.59
JL/ Assumes cotton planted 1.25 times
2/ $35/acre less 80% of irrigation fixed costs
D e v e l o p e o b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w, 1 9 7 2
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Arts of Congress of May 8, 1914. as amended, and June SO. 1914.
A ECO 6
V-.U/_»_._..
COTTON, IRRIGATED. HIGH PLAINS I I
Estimated Costs, And Requirements Per Acre Of Cotton, High Level Management
Item
No.
Date
Times
Over
Labor
Hours
Shred & Disc
1,12,15
Dec
1
.20
.16
Chisel
1,7
Dec
1
.25
Offset Disc
1,13
Feb
1
Float
2,8
Mar
Apply & Incorp. herb.
2,12,23
List & Fert
Operation
a)
Tr a c t o r p r
Mach. Hr9,
Fuel, Oil,
Lub., Rep.
Per Acre
fi x e d c o s t s
Per Acre
.21
$ .43
.20
.09
.10
.31
f25
.17
.36
2
,63
.50
,16
.96
Mar
1
.50
.40
.25
.46
1,11
Mar
1
.25
.20
.26
.41
Cultivate
2,4
May
1
.16
.13
.11
.15
Plant
1,11
May
1.25
,26
.21
.27
.43
Sandfight
3,17
June
1
.04
.03
.01
.01
Cultivate
2,4
June
1
.16
.13
.11
.15
Water Furrow
2,24
July
1
.20
.16
.01
.02
2.96
2.37
$ 1 .65
$ 3.48
TOTALS
$
Irrigation:
Preplant (2)
Apr
1
.74
$ 2 .76
$ 4.50
Postplant (2)
JulAug
3
1.47
$ 5 .52
$ 9.00
(1) Labor hours calculate*! at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet, Assumed at 800 gpm, 250 feet well, furrow
irrigation, natural gas pumping unit; 6 acre inches preplant and 4 acre inches
at each postplant.
Developed by Extension Econom>sJs-Ma^8-menTj, TAES, Tjqu,
Cooperative Extension Work in AsSiUnw w4 Btiml^mfa' Tcm A&M University and tne Unite* States Department
of Agriculture cooperating. Distributed in furtherance of the Acts pf Congress of May 8.1914. a* amended, and June 80, 1914.
AECO 6
^
02075122
COTTON. IRRIGATED. HIGH PLAINS II
Estimated Costs And Returns Per Acre Of Cotton, Typical Management
Item
1.
2.
Gross receipts from production:
Lint
Seed
To t a l
Variable Costs:
Pre-Harvest:
Seed 1/
Fertilizer (60-40-0)
Herbicide
Insecticide (custom applied)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation Machinery
Labor, Tractor & Machinery
L a b o r, I r r i g a t i o n
Pickup & Miscellaneous
Hail Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest Costs:
Strip & haul
Ginning
Subtotal, Harvest
Unit
lb.
ton
lb.
ac.
pt.
ac.
ac.
h r.
hr.
hr.
ac.
h r.
h r.
ac.
Price or
Cost/Unit
$
.20
60.00
500.0
.4
.15
38.0
5.30
3.13
2.25
1.83
1.63
1.41
1
1.5
1.0
1.0
.72
.03
1.0
$
7.09
2.00
1.75
5.00
13.00
.085
cwt.
bale
21.50
$100
Quantity
.50
Income Above Variable Costs
4.
Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land (Net Rent) 2/
$100.00
24.00
$124.00
$
1.02
1.32
2.96
1.72
1.0
50.0
25.42
22.0
1.0
5.70
5.30
4.70
2.25
1.83
1.66
1.86
.02
7.09
5.92
3.01
5.00
6.50
2.16
$ 53.00
$ 11.00
21.50
$ 32.50
Total Variable Costs
3.
Value or
Cost
$ 85.50
$ 38.50
ac.
h r.
h r.
3.83
1.98
1.46
1.0
3.83
2.02
1.93
ac.
ac.
.79
1.02
1.32
11.55
25.76
.03
1.0
1.0
11.55
25.76
hr.
$
.02
Total Fixed Costs
$ 45.11
5.
Total Costs
$130.61
6.
Net Returns
6 (fi.fi-n
7. Government Payment (500#/A x .115/lb.)
$ 75.00
8. Net Returns Including Government Payment
$ 68.39
1/ Assumes cotton planted 1.25 times
2/ $35/acre less 80% of irrigation fixed costs
Developed by Extension Economists-Management, TAES, TAMU.
New, 1972
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
AECO 6
02075121
COTTON, IRRX^ATED-, HIGH PLAINS XI
Estimated Costs, And Requirements Per Acre Of Cotton, Typical Management
Operation
•Labor
Item
No.
Fuel,
Oil,
•*«%.
£TrB < 1*«
__«__!
«•."*• WsST" J
)
**er
Acre
Shred & Disc
1,12,,15
Dec
1
.20
.16
$ .23
$ .47
Chisel
1,7
Dec
1
.25
v20
.10
.11
Offset Disc
1,13
Feb
1
.31
.25
.19
.40
Float
2,8
Mar
2
.63
.50
.28
.51
Apply & Incorp. Herb.
2,12, 23
Mar
1
,50
.40
.18
1.06
List & Fert
1,11
Mar
1
.25
.20
.29
.45
Cultivate
2,4
May
1
.16
.13
.12
.16
Plant
1 , 11
May 1.,25
.26
.21
.30
.47
Sandfight
3,17
June
1
.04
.03
.01
.01
Cultivate
2,4
June
1
.16
.13
.12
.17
Water Furrow
2,24
July
1
.20
.16
.01
.02
2.96
2.37
$ 1.83
$ 3.83
TOTALS
Irrigation:
Preplant (2)
Apr
Postplant (2)
June-
Aug
TOTALS
1
.74
$ 3.04
$ 4.95
2
.98
$ 4.05
$ 6.60
1.72
$ 7.09
$11.55
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 800 gptn, 250 feet well,
Furrow irrigation, natural gas pumping unit; 6 acre inches preplant and
4 acre inches at each postplant.
NOTE: Machinery cost per hour estimated at 1.1 times the cost for high
level manager due to reduced efficiency and increased repair cost.
Developed
by
Extension
Economists-Management,.
TA E S ,
TA M U .
_^
Cooperative Extension Work in Agriculture and fiotnfc _U*ntrfaics, Texas A&M University and die United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congtea of May 8. 1914. as amended, and June _0. 1914.
AECO 6