02075212 COTTON, DRYLAND, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Cotton, High Level Management Item C„o s. t. /. U nP irt i c e Unlt 1. Gross receipts from production: Lint lb. $ seed ton To t a l 2. Variable Costs: Pre-Harvest: Seed 1/ Fertilizer (30-0-0) Herbicide Insecticide (custom applied) Machinery Tractor (1) Tractor (2) Tractor (3) Labor, Tractor & Machinery Pickup & Miscellaneous Hail Insurance Interest on Op. Cap. Subtotal, Pre-Harvest Harvest Costs: Strip & haul Ginning, bagging & ties Subtotal, Harvest .20 60.00 $ oQr - ~n * i .t .y. $ 40.00 9.60 49.60 15.0 1 1.0 1.0 1.0 .77 .26 .03 1.32 1.0 .15 9.76 $ $ .15 2.25 3.13 2.25 1.06 1.48 1.28 .65 2.00 2.50 13.00 .085 cwt. bale .50 21.50 9.0 .4 $ lb. ac. Pt. ac. ac. h r. h r. hr. hr. ac. $100 200.0 Va lC u eo s to r .16 Total Variable Costs 2.25 2.25 3.13 2.25 1.06 1.14 .33 .02 2.64 2.50 1.95 .83 $ 20.35 4.50 8.60 $ 13.10 $ 33.45 $ 16.15 $ 1.68 1.39 .34 .02 16.53 $ 19.96 5. Total Costs $ 53.41 6. Net Returns $ (3.81) 7. Government Payment ($.15 per pound lint minus 1/3 rent) $ 20.00 8. Net Returns Including Government Payment $ 16.19 3. Income Above Variable Costs 4. Fixed Costs: Machine ry Tractor (1) Tractor (2) Tractor (3) Land (Rent) 2/ ac. hr. hr. hr. ac. 1.68 1.80 1.33 .72 16.53 Total Fixed Costs 1.0 .77 .26 .03 1.0 1/ Assumes plant 1.25 times 2/ 1/3 of crop O 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 02075211 COTTON, DRYLAND, HIGH PLAINS II ■ Estimated Costs, And Requirements Per Acre Of Cotton, High Level Management Operation Labor Fuel, Oil, __, I t e m n a t . _ Ti m e s n „ „ - f l Tr a c t o r o r T , « F i x e d c o s t s No. Date Over *™*9 Mach. Hrs. Lub., Rep. Per Acre (1) Per Acre Shred & Disc 1,12,15 Dec 1 .20 .16 Chisel 1,7 Feb 1 .25 List & Fert 1,11 Mar 1 Cultivate 2,4 Apr Plant 1,11 Sandfight Cultivate TOTALS .21 $ .43 .20 .OP .10 .25 .20 .26 .41 1 .16 .13 .11 .15 May 1.25 .26 .21 .27 .43 3,17 June 1 .04 .03 .01 .01 2,4 June 1 .16 .13 .11 .15 1.32 1.06 1.06 $ 1.68 $ $ * > 1 (1) Labor hours calculated at 1.25 times tractor hours except where noted by * - 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 > 02075222 COTTON. DRYLAND. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Cotton, Typical Management tI *t e. m _ , U ni ti t 1. 4 ^_ Gross receipts from production: Lint Seed Total 2. Variable Costs: Pre-Harvest: Seed 1/ Herbicide Insecticide (custom applied) Machinery Tractor (1) Tractor (2) Tractor (3) Labor, Tractor & Machinery Pickup & Miscellaneous Hail Insurance Interest on Op. Cap. Subtotal, Pre-Harvest Harvest Costs: Strip & haul Ginning, bagging & ties Subtotal, Harvest P r. i_c_e lb. ton lb. pt. ac. ac. o. r_ _ n Q.u. .a n t iVt ay l u e or Cost/Unit ^ J Cost $ .20 60.00 150.0 $ 30.00 .12 7.20 $ 37.20 $ .15 3.13 2.25 1.17 1.63 1.41 .72 2.00 2.50 13.00 .085 15.0 1.0 .33 1.0 .77 .26 .03 1.32 1.0 .10 7.66 cwt. bale .50 21.50 7.0 .3 hr. h r. h r. h r. ac. $100 Total Variable Costs 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Land (Rent) ac. 2/ hr. hr. hr. ac. 1.85 1.98 1.46 .79 12.40 Total Fixed Costs 5. Total Costs 6. Net Returns 7. Government Payment ($.15 per pound lint minus 1/3 rent) 8. Net Returns Including Government Payment 1.0 .77 .26 .03 1.0 2.25 3.13 .68 1.17 1.26 .37 .02 2.64 2.50 1.30 .65 $ 15.97 $ $ 3.50 6.45 9.95 $ 25.92 $ 11.30 $ 1.85 1.52 .38 .02 12.40 $ $ 16.17 $ 42.09 $ (4.89) $ 15.00 $ 10.11 1/ Assumes plant 1.25 times 21 1/3 of crop D e v e l o p e o b y E x t e n s i o n E o 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 JuSe 30. Sl4 AECO 6 02075221 COTTON. DRYLAND. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Cotton, Typical Management Operation Labor _, Fuel, Oil, _____ . ^*\ Item n«hP Times Hours Tractor or L b R Fixed costs 1 m ^ O a t e a , * . . . H ours M a / > KHrs. H , . 0 l u d . , K e p .Per P oAcre < r A / 1 T. 0 / Mach. No. Over Per Acre (1) Shred & Disc 1,12,15 Dec 1 .20 .16 $ .23 Chisel 1,7 Feb 1 .25 .20 .10 .11 List & Fert 1,111 Mar 1 .25 .20 .29 .45 Cultivate 2,4 Apr 1 .16 .13 .12 .17 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 1.32 1.06 $ 1.17 TOTALS $ $ .47 1.85 /-*\ (1) Labor hours calculated at 1.25 times tractor hours except where noted by * 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 FORAGE SORGHUM FOR GRAZING, IRRIGATED. HIGH PLAINS II 02085112 Estimated Costs And Returns Per Acre Of Forage Sorghum For Grazing, High Level Management JpN Item Unit Price or Cost/Unit Quantity Value or Cost 540.0 $ 97.20 1. Gross receipts from production: Gain 2. Variable Costs: Seed Fertilizer (200-60-0) Herbicide 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 Interest on Op. Cap. lb. lb. ac. lb. ac. h r. h r. h r. h r. ac. $ $ .18 .20 11.80 2.00 .94 1.48 1.28 2.00 1.75 8.28 .085 20.0 1 .50 1.0 .61 1.26 2.38 2.21 1.0 18.58 Total Variable Costs $ 38.74 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Irrigation Land (Net Rent) 1/ $ 4.00 11.80 1.00 .94 .90 1.61 4.76 3.87 8.28 1.58 $ 58.46 ac. h r. h r. ac. ac. Total Fixed Costs 2.47 1.80 1.33 13.50 24.20 1.0 .61 1.26 1.0 1.0 $ 2.47 1.10 1.68 13.50 24.20 $ 42.95 5 . To t a l C o s t s $ 81.70 6. Net Returns $ 15.50 1/ $35/acre less 80% of irrigation fixed costs 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 02085111 FORAGE SORGHUM FOR GRAZING. IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Forage Sorghum For Grazing, High Level Management Labor Fuel, Oil, D a t e AT * 8 H o u r s t u u ° r L u b . , R e p . * « < e a < : o s i Operation No. Over *,* Mach. Hrs. ^"u*», *" Per Acre (1) Per Acre Shred & Disc Nov 1 .20 .16 Chisel, Harrow 1,7,20 Dec 1 .31 .25 .09 .10 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 May 1 .16 .13 .01 .03 Plant 2,14 May 1 .20 .16 .07 .28 Spray 2,23 May 1 .14 .11 .03 .04 Water Furrow 2,24 June 1 .20 .16 .01 .02 2.38 1.87 .94 $ 2.47 1,12,15 TOTALS $ $ .21 $ \ .43 Irrigation Preplant (2) Mar 1 .74 $ 2.76 $ 4.50 Postplant (2) Jun-Aug 3 1.47 5.52 9.00 2.21 $ 8.28 $13.50 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 inches acre 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 30, 1914. AECO 6 ^ * \ FORAGE SORGHUM FOR GRAZING. IRRIGATED. HIGH PLAINS II 02085122 Estimated Costs And Returns Per Acre Of Forage Sorghum For Grazing, Typical Management Item Unit Price or Cost/Unit lb. .18 lb. ac. lb. ac. h r. h r. h r. ac. ac. $ .20 9.25 2.00 1.32 1.63 1.41 2.00 7.09 5.00 .085 Quantity Value or Cost 405.0 $ 72.90 1. Gross receipts from production: Gain 2. Variable Costs: Seed Fertilizer (150-50-0) Herbicide Machinery Tractor (1) Tractor (2) Labor, Tractor & Machinery Irrigation Machinery Pickup & Miscellaneous Interest on Op. Cap. 20.0 1 .5 1.0 .61 1.26 2.29 1.0 1.0 18.51 Total Variable Costs $ 39.59 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Irrigation Land (Net Rent) 1/ $ 4.00 9.25 1.00 1.32 .99 1.78 4.58 7.09 5.00 1.57 $ 33.31 ac. h r. h r. ac. ac. Total Fixed Costs 5 . To t a l C o s t s 6. Net Returns 2.71 1.98 1.46 11.55 25.76 1.0 .61 1.26 1.0 1.0 $ 2.71 1.21 1.84 11.55 25.76 $ 43.07 $ 82.66 $ (9.76) 1/ $35/acre less 80% of irrigation fixed costs Developed by Extension Economists-Management, TAES, TAMU. New, 1972 CiK,perativc Extension Work in Agriculture and Home Economics, Texas A&M University and the Uni.«_ <t„t^ i^r.^--_». -r Agriculture cooperating. Distributed in furtherance of the Acts of Congnss olM^i?M&*'^^J^TuT^ml A ECO 6 02085121 FORAGE SORGHUM FOR GRAZING, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Forage Sorghum For Grazing, Typical Management Labor Fuel, Oil, Item nfll._ Times Houra Tractor or Luh ' «_ ' Fixed costs Operation No. Date Over Ho/f" Mach. Hrs. L««>., Rep. per Acre (1) Per Acre Nov 1 .20 .16 Chisel, Harrow 1,7,20 Dec 1 .31 .25 .10 .11 Tandem Disc 2,12 Feb 1 .25 .20 .11 .22 Float 2,8 Mar 2 .63 .50 .19 1.06 List & Fert 1,11 Mar 1 .25 .20 .29 .45 Rod Weeder 2,16 May 1 .16 .13 .01 .03 Plant 2,14 May 1 .20 .16 .08 .31 Spray 2,23 May 1 .14 .11 .03 .04 Water Furrow 2,24 June 1 .20 .16 .01 .02 2.29 1.87 $ 1.04 $ 2.71 Shred & Disc 1,12,15 TOTALS $ .23 $ ^ .47 Irrigation: Preplant (2) Mar 1 .74 $ 3.04 $ 4.95 Postplant (2) Jun-Aug 2 .98 4.05 6.60 1.72 $ 7.09 $11.55 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 cost per hour estimated at 1.1 times the cost for high level manager due to reduced efficiency and increased repair cost. 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 ^ \ 02085222 FORAGE SORGHUM FOR GRAZING. DRYLAND. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Forage Sorghum For Grazing, Typical Management Item Unit Price or Cost/Unit lb. .18 lb. ac. h r. h r. h r. ac. ac. .20 .44 1.63 1.41 .72 2.00 2.50 .085 Quantity Value or Cost 1. Gross receipts from production: Gain 2. Variable Costs: Seed Machinery Tractor (1) Tractor (2) Tractor <3) Labor, Tractor & Machinery Pickup & Misc. Interest on Op. Cap. $ 50.0 5.0 1.0 .48 .36 .10 1.17 1.0 3.62 Total Variable Costs 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Land (Rent) 1/ Total Fixed Costs 5 . To t a l C o s t s 6. Net Returns ac. h r. h r. h r. ac. .89 1.98 1.46 .79 3.00 1.0 .48 .36 .10 1.0 $ 9.00 $ 1.00 .44 .78 .51 .07 2.34 2.50 .31 $ 7.95 $ 1.05 $ .89 .95 .53 .08 3.00 $ 5.45 $ 13.40 $ (4.40) _/ 1/3 of gross income Developed by Extension Economists-Management, TAES, TAMU. New, 1972 C<M.perat,ve Extension Work in Agriculture and Home Economies. Texas A&M University and the United States Department of Aguculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and JuSc 30. 1914 A ECO 6 Operation 02085221 FORAGE SORGHUM FOR GRAZING. DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Forage Sorghum For Grazing, Typical Management Labor _ _ . _ _ . , F u*e, l_, . O _ i.l , Times Hfmrfl Tractor or . - «^ Fixed costs Item Date Over H™*8 Mach. Hrs. L"b" ***' Per Acre No. (1) Per Acre Chisel 1,7 Feb-Apr 3 .60 .48 Tandem Disc 2,12 Apr 1 .25 .20 .11 .22 Plant 2,14 May 1 .20 .16 .08 .31 Harrow 3,20 June 1 .12 .10 .01 .03 1.17 .94 TOTALS $ $ .24 .44 $ $ .33 .89 (1) Labor hours calculated at 1.25 times tractor hours except where noted by *. ^ 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 02086222 FORAGE SORGHUM FOR HAY, DRYLAND, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Forage Sorghum For Hay, Typical Management Item Unit Price or Cost/Unit Quantity Value or Cost 1.0 $ 25.00 5.0 1.0 .48 .36 .10 $ 1. Gross receipts from production: Hay ton $ 25.00 lb. ac. h r. h r. h r. h r. ac. .20 .44 2 . Va r i a b l e C o s t s : Pre-Harvest: Seed Machinery Tractor (1) Tractor (2) Tractor (3) Labor, Tractor & Machinery Pickup & Miscellaneous Interest on Op. Cap. Subtotal, Pre-Harvest , Harvest: Custom swath, bale & stack $ 1.63 1.41 .72 2.00 2.50 .085 1.17 1.0 3.82 .45 34.00 Total Variable Costs Total Fixed Costs 2.34 2.50 .31 7.95 $ 15.30 $ 23.25 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Land (Rent) _/ .44 .78 .51 .07 $ bale 1.00 ac. h r. h r. h r. ac. .89 1.98 1.46 .79 8.33 1.0 .48 .36 .10 1.0 $ 1.75 $ .89 .95 .53 .08 8.33 $ 18.22 5. Total Costs $ 41.47 6. Net Returns $(16.47) _/ 1/3 of gross income 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 AKricnltmc cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914. _____ A ECO 6 02086221 FORAGE SORGHUM FOR HAY. DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Forage Sorghum For Hay, Typical Management Labor Fuel, Oil, __,_ ,O. p e- a I t e m n _ „ a T i m e s u _ , . „ . o r LTu.b .D r a t i o n N o # D a t e Q v e r H o u r s 0H aTcrha#c tUo rrQ % , oRne pF. i xPeedr Ac corset s (1) Per Acre Chisel 1,7 Feb-Apr 3 .60 .48 .24 $ .33 Tandem Disc 2,12 Apr 1 .25 .20 .11 .22 Plant 2,14 May 1 .20 .16 .08 .31 Harrow 3,20 June 1 .12 .10 .01 .03 1.17 .94 .44 $ .89 TOTALS ^ (1) Labor hours calculated at 1.25 times tractor hours except where noted by * 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 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 \ 02095112 GRAIN SORGHUM. IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Grain Sorghum, High Level Management Item 1. Gross receipts from production: Grain Price or Cost/Unit Unit cwt. $ Quantity Value or Cost 2.00 75.0 $150.00 .21 15.15 2.90 2.25 1.48 1.28 1.55 2.00 1.75 10.12 5.00 .085 12.0 1 2.0 2.0 1.02 1.32 1.0 2.92 2.71 1.0 1.0 29.39 2.52 15.15 5.80 4.50 1.51 1.69 1.55 5.84 5.11 10.12 5.00 2.50 $ 61.29 75.0 $ 15.00 2. Variable Costs: Pre-Harves t: Seed Fertilizer (250-80-0) Herbicide Insecticide (custom applied) Tractor (1) Tractor (2) Machinery 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. Subtotal, Pre-Harvest Harvest: (custom-includes haul) f^ lb. ac, lb. ac. h r. h r. ac. h r, h r. ac, ac. $ cwt. .20 Total Variable Costs $ 76.29 3. Income Above Variable Costs $ 73.71 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Irrigation Land (Net Rent) 1/ ac. h r. h r. ac. ac. 3.35 1.80 1.33 16.50 21.80 Total Fixed Costs 5. Total Costs 6. Net Returns 7. Government Payments ($.29/bu x 134 bu x 50%) allotment 8. Net Returns Including Government Payment 1.0 1.02 1.32 1.0 1.0 $ 3.35 1.84 1.76 16.50 21.80 $ 45.25 $121.54 $ 28.46 $ 19.43 $ 47.89 _/ $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 (.oopennivc Extension Work in Agriculture and Home"Economics. Tew7A&MTuT^erSity and the United Stat7s Department of Agiiniltme cooperating. Distributed in furtherance c.r the Acts of Congress of May 8, 1914. as amended, and June 30. 1914. A ECO 6 02095111 GRAIN SORGHUM. IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Grain Sorghum, High Level Management Labor Fuel, Oil, ___, .O_p- ,e_r_a_t .i-o. -n* - N _ .o, # I t D em n a 4 . 0 T i m e s H „ _ . „ T r a c t o r o r T, B „ x er dA cc or se t s a t e Q v e r H o u r s j ^ . H r 8 - L u b . , R e p . FPi e (1) Per Acre Shred & Disc 1,12,15 Nov 1 .20 .16 $ .21 $ .43 Ta n d e m 1 .25 .20 .10 .20 Chisel, Harrow 1,7,20 Dec 1 .31 .25 .09 .10 Offset Disc Disc 2,12 Nov Feb 1 .31 .25 .17 .36 Feb 1 .25 .20 .10 .20 2 .63 .50 .16 .96 1 .25 .20 .26 .41 1 .16 .13 .11 .15 1 .16 .13 .01 .03 1 .20 .16 .33 .49 Water Furrow 2,24 June 1 .20 .16 .01 .02 2.92 2.34 $ 1.55 $ 3.35 Ta n d e m Disc Float List 2,12 2,8 & Fert Cultivate Rod 1,13 Weeder Mar 1 , 11 2,4 Apr 2,16 P l a n t S p r a y 1 , 11 , 23,10 Mar May May TOTALS Irrigation: Preplant (2) Mar 1 .74 $ 2.76 $ 4.50 Postplant (2) Jun-Aug 4 1.97 7.36 12.00 2.71 $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, fur row 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 30. 1914. AECO 6 ^ % 02095122 GRAIN SORGHUM, IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Grain Sorghum, Typical Management » - * E C_ o3snt /-U, .n i t* ~i«u t- y- . x .Vy 8 iC" !o s t" r 1. Gross receipts from production: Grain cwt. $ 2.00 2 . Va r i a b l e C o s t s : Pre-Harvest: Seed lb. Fertilizer (130-60-0) ac. Herbicide lb. Insecticide (custom applied) ac. Machinery ac. Tractor (1) hr. Tractor (2) hr. Labor, Tractor & Machinery hr. Labor, Irrigation hr. Irrigation Machinery ac. Pickup & Miscellaneous ac. Interest on Op. Cap. $ Subtotal, Pre-Harvest Harvest: (custom includes haul) cwt. 0^ 65.0 .21 9.35 2.90 2.25 1.71 1.63 1.41 2.00 1.75 9 . 11 5^00 .085 .20 $130.00 12.0 1 2.0 2.0 1.0 1.02 1.32 2.92 2.21 1.0 1.0 25.61 2.52 9.35 5.80 4.50 1.71 1.66 1.86 5.84 3.87 9.11 5.00 2.17 $ 53.39 65.0 $ 13.00 $ Total Variable Costs 3. Income Above 4. Fixed Costs: Machinery Tractor Tractor Irrigation Land (Net To t a l $ 66.39 (1) (2) ac# Va r i a b l e hr. hr. ac. Rent) 5. Net 63 1<0 $ 1.98 1.02 1.46 1.32 14.85 1.0 ac. 23.12 1.0 Costs To t a l 6. $ 3#69 1/ Fixed Costs § 3.69 2.02 1.93 14.85 23.12 45 61 Costs Returns 61 $U2#00 $ 18.00 7 . G o v e r n m e n t P a y m e n t s ( $ . 2 9 / b u . x 11 6 b u . x 5 0 % a l l o t m e n t ) $ 1 6 . 8 2 8. Net Returns Including Government Payment $ 34.82 ijpp\. _/ $35/acre less 80% of irrigation fixed costs Developed by Extension Economists-Management, TA E S , TA M U . New 1972 A ECO fi 02095121 GRAIN SORGHUM, IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Grain Sorghum, Typical Management Labor Fuel, Oil, ___, ,. ^4 Item no„__. Times ««„-_, Tractor or T . Po_ Fixed costs Operation H Date Qver Hours j^. Hr8. Lub., Rep. Per Acre (1) Per Acre Shred & Disc 1,12,15 Nov .20 .16 $ .23 $ .47 Ta n d e m D i s c 2 , 1 2 N o v .25 .20 .11 .22 Chisel, Harrow 1,7,20 Dec .31 .25 .10 .11 Offset Disc 1,13 Feb .31 .25 .1°- .40 Ta n d e m D i s c 2 , 1 2 F e b .25 .20 .11 .22 Float Mar .63 .50 .18 1.06 1 , 11 Mar .25 .20 .29 .45 2,4 Apr .16 .13 .12 .17 Rod Weeder 2,16 May .16 .13 .01 .03 P l a n t , S p r a y 1 , 11 , 23,10 May .20 .16 .36 .54 Water Furrow 2,24 Jun .20 .16 .01 .02 2.92 2.34 $ 1.71 $ 3.69 List 2,8 & Fert Cultivate TOTALS Irrigation: Preplant (2) Mar 1 .74 $ 3.04 $ 4.95 Postplant (2) Jun-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 cost per hour estimated a 1.1 times the cost for high level manager due to reduced efficiency and increased repair cost. 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 ^ \ 02095222 GRAIN SORGHUM. DRYLAND. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Grain Sorghum, Typical Management Item 1. Gross receipts from production: Grain 2. Variable Costs: Pre-Harvest Costs: Seed Fertilizer (30-0-0) Herbicide Machinery Tractor (1) Tractor (2) Tractor (3) Labor, Tractor & Machinery Pickup & Miscellaneous Interest on Op. Cap. Subtotal, Pre-Harvest Harvest: Custom Combine Haul Subtotal, Harvest Unit Price or Cost/Unit cwt. $ 2.00 15.0 lb. ac. lb. ac. h r. h r. h r. h r. ac. .21 1.05 3.0 1 $ .44 1.63 1.41 .72 2.00 2.50 .085 1.0 .48 .36 .10 1.17 1.0 4.10 .44 .78 .51 .07 2.34 2.50 .35 $ 8.67 ac. cwt, 3.50 .10 1.0 5.0 $ Quantity Value or Cost $ 30.00 .63 1.05 3.50 1.50 $ 5.00 Total Variable Costs $ 13.67 Income Above Variable Costs $ 16.33 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Land (Rent) 1/ ac. h r. h r. h r. ac. .89 1.98 1.46 .79 10.00 Total Fixed Costs 5 . To t a l C o s t s 6. Net Returns 7. Government Payment ($.29/bu. x 50% of allotment) 8. Net Returns Including Government Payment 1.0 .48 .36 .10 1.0 $ .89 .95 .53 .08 10.00 $ 12.45 $ 26.12 $ 3.88 $ 3.92 $ 7.80 f^ 1/ 1/3 of gross income Developed by Extension Economists-Management, TAES, TAMU. . _, New, 1972 (,.opcra«.ve Extension Work in Agriculture and Home Economics. Texas A&M University and the United States DcpartnieTuTf Axru-ulime cooperating. D.str.buted in furtherance or the Acts of Congress of May 8. 1914. as amended, and June 30 1914. A ECO r> 02095221 GRAIN SORGHUM, DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Grain Sorghum. Typical Management Labor Fuel, Oil, Item _ Times H Tractor or Lb R Fixed costs O p e r a t i o n * " « _No. "" Date "r Mach. Hrs. ^u'* «*-" per Acre Over (1) Per Acre Chisel 1,7 Feb--Apr 3 .60 .48 Tandem 2,12 Apr 1 .25 .20 .11 .22 Plant 2,14 May 1 .20 .16 .08 .31 Harrow 3,20 Jun 1 .12 .10 .01 .03 1.17 .94 TOTALS $ $ .24 .44 $ $ .33 .89 (1) Labor hours calculated at 1.25 times tractor hours except where noted by * 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, 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 ^ " \ 02171112 PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Permanent Pasture Establishment, High Level Management /^N Item Unit Price or Cost/Unit Quantity Value or Cost 1. No Income 2. Variable Costs: Seed: Brome Alfalfa Fertilizer (200-80-0) Machinery Tractor (1) Tractor (2) 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. Capital lb. lb. ac. ac. h r. h r. h r. h r. h r. ac. ac. $ $ .30 .50 13.40 .60 1.80 1.33 .72 2.00 1.75 6.44 5.00 .085 15 5 1.0 1.0 .33 $ 4.50 2.50 13.40 1.16 1.54 .10 2.0 Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) 1/ .07 4.00 3.01 6.44 5.00 1.77 1.72 1.0 1.0 20.83 Total Variable Costs 3. .60 .59 $ 43.42 ac. h r. h r. h r. ac. ac. 1.99 1.80 1.33 .72 10.50 11.60 1.0 .33 $ .59 1.16 1.54 .10 1.0 1.0 Total Fixed Costs 1.99 .07 10.50 11.60 $ 26.29 4. Total Establishment Costs $ 69.71 5. Annual Establishment Costs (10 year life) $ 6.97 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 CiK.|,eraiivc Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of Agriculime cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 19H. A ECO 6 02171111 PERMANENT PASTURE. IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Permanent Pasture, High Level Management Labor Fuel, Oil, ___. I t e m ~ _ T i m e s U n t t r a T r a c t o r o r T, _ K P o T _ F i x e d c o s t s No. Date Over H°"™ Mach. Hrs. L"b.,Rep. Per Acre (1) Per Acre Operation 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 $10.50 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. 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 ^ 02170112 PERMANENT PASTURE. IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Permanent Pasture, High Level Management Item Unit Price or Cost/Unit Quantity Value or Cost 750 $135.00 1. Gross receipts, from production: Gain 2 . Va r i a b l e C o s t s : Establishment Fertilizer (250-80-0) Tractor (3) Labor, Tractor L a b o r, I r r i g a t i o n Irrigation Machinery Pickup & Miscellaneous Interest on Op. Cap. lb. ac. ac. h r. h r. h r. ac. ac. $ .18 6.97 15.15 .65 2.00 1.75 15.64 5.00 .085 1.0 1.0 .10 .13 4.17 1.0 1.0 25.20 Total Variable Costs $ 52.54 3. Income Above Variable Costs 4. Fixed Costs: Tractor (3) Irrigation Land (Net Rent) 1/ $ 6.97 15.15 .07 .26 7.30 15.64 5.00 2.14 $ 82.46 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 $ 97.71 6. Net Returns $ 37.83 1/ $40/acre less 80% of irrigation fixed costs 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. AECO 6 Operation Fertilize 02170111 PERMANENT PASTURE. IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Permanent Pasture, High Level Management Labor Fuel, Oil, I t e m ~ _ . Ti m e s „ « - . - Tr a c t o r o r , „ K B - n r i Fixed x e a ccosts osi So? Date oier *£™ Mach. Hre. *&.'£*' Per *cw .13 3 .10 Irrigation: Pre-season (2) Durring Season (2) Totals Mar 1 .74 $ 2.76 $ 4.50 7 3.43 12.88 21.00 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. Oeveloped 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 30, 1914. AECO 8 \ i ■ ■ .,'<■" • on 02170122 PERMANENT PASTURE, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Permanent Pasture, Typical Management Item „ . Price Cost/Unit Unit or n .... Quantlty Va l u e or Cost 1. Gross receipts, from production: Gain lb. 2. Variable Costs: Es t ab lishment Fertilizer (100-40-0) Tractor (3) Labor, Tractor L a b o r, I r r i g a t i o n Irrigation Machinery Pickup & Miscellaneous Interest on Op. Cap. $ .18 ac. ac. h r. h r. h r. ac. ac. $ 650 9.55 6.70 .72 2.00 1.75 13.16 5.00 .085 $ 11 7 . 0 0 1.0 1.0 .10 .13 3.19 1.0 1.0 20.16 Total Variable Costs i ^ 9.55 6.70 .07 .26 5.58 13.16 5.00 1.71 $ 42.03 $ 74.97 3. Income Above Variable Costs 4. Fixed Costs: Tractor (3) Irrigation Land (Net Rent) 1/ $ h r. ac. ac. Total Fixed Costs .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 $ 86.40 6. Net Returns $ 30.60 1/ $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 . 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. AECO 6 02170121 PERMANENT PASTURE, IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Permanent Pasture, Typical Management Item No. Operation Fertilize Date 3 Times Over Labor Hours (1) .13 Tr a c t o r o r Mach. Hrs. Fuel, Oil, Lub., Rep. Per Acre Fixed costs Per Acre ^ \ .10 Irrigation: Pre-season (2) Durring Season (2) Totals Mar .74 $ 3.04 $ 4.95 2.45 10.12 16.50 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. 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, a* amended, and June 30, 1914. A ECO 6 ^ \ 02171122 PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS II f^ Estimated Costs And Returns Per Acre Of Permanent Pasture Establishment, Typical Management Item Unit Price or Cost/Unit Quantity Value or Cost 15 5 1.0 1.0 .33 1.16 .10 2.0 1.72 1.0 1.0 19.14 $ 4.50 2.50 9.25 .67 .54 1.64 .08 4.00 3.01 7.08 5.00 1.63 1. No Income 2. Variable Costs: Seed: Brome Alfalfa Fertilizer (150-50-0) Machinery Tractor .(1) Tractor (2) 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. lb. lb. ac. ac. h r. h r. h r. h r. h r. ac. ac. $ $ .30 .50 9.25 .67 1.63 1.41 .79 2.00 1.75 7.08 5.00 .085 Total Variable Costs 3. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) _/ $ 39.90 ac, h r, h r. h r. ac. ac, 2.19 1.98 1.46 .79 11.55 10.76 1.0 .33 1.16 .10 1.0 1.0 Total Fixed Costs $ 2.19 .65 1.69 .08 11.55 10.76 $ 26.92 4. Total Establishment Costs $ 66.82 5. Annual Establishment Costs (7 year life) $ 9.55 1/ $20/acre (1/2 annual rental) less 80% of irrigation fixed costs. Developeo 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 die Acts of Congress of May 8. 1914. as amended, and June 30, 1914. A ECO 6 02171121 PERMANENT PASTURE, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Permanent Pasture, Typical Management Times Item No. Operation Labor (1) Fuel, Oil, Mach. Hrs. Per Acre Plow & Bust 1,6,21 July 1 .41 .33 Tandem Disc 2,12 Aug 2 .50 .40 .22 .44 Float 2,8 Aug 2 .63 .50 .18 1.06 Border 2,9 Aug 1 .13 .10 .01 .02 Fertilize 3 Aug 1 .13 .10 Plant 2,14 Aug 1 .20 .16 .08 .31 2.00 1.59 .67 $ 2.19 $ 7.08 $ 11 . 5 5 TOTALS Irrigation: (2) Aug-Sept Nov 3 1.72 $ $ .18 Fixed costs Per Acre $ .36 (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 m a n a g e r d u e t o r e d u c e d e f fi c i e n c y a n d i n c r e a s e d r e p a i r c o s t . 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. " > 02190112 SOYBEANS. IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Soybeans, High Level Management Ltem 1. Gross receipts, from production: Unit bu, Price or Cost/Unit $ 2.50 Quantity Va l u e o r Cost 45 $112.50 75 1 1.5 1 $ 6.00 3.20 4.13 1.59 1.52 2 . 11 5.86 3.87 8.28 5.00 1.77 2 . Va r i a b l e C o s t s : Pre-Harvest: Seed Fertilizer (0-40-0) Herbicide Machinery Tractor (1) Tractor (2) L a b o r, Tr a c t o r & M a c h i n e r y L a b o r, I r r i g a t i o n Irrigation Machinery Pickup, Miscellaneous Interest on Op. Cap. lb. ac. pt. ac. h r. h r. h r. h r. ac. ac. $ .08 3.20 2.75 1.59 1.48 1.28 2.00 1.75 8.28 5.00 .085 1.03 1.65 2.93 2.21 1 1 20.78 Subtotal, Pre-Harvest Harvest Cus torn Haul $ 43.33 ac. bu. 5.00 .08 1 45 Subtotal, Harvest $ To t a l Va r i a b l e C o s t s $ 60.57 ac. hr. h r. ac. ac. To t a l F i x e d C o s t s 5 . To t a l C o s t s 6. Net Returns ^ 8.60 $ 51.93 3 . I n c o m e A b o v e Va r i a b l e C o s t s 4. Fixed Costs Machinery Tractor (1) Tractor (2) Irrigation Land (Net Return) _/ $ 5.00 3.60 3.38 1.80 1.33 13.50 24.76 1 1.03 1.65 1 1 3.38 1.85 2.20 13.50 24.76 $ 45.69 $ 97.62 $ 14.88 N 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 Developeo_by Extension Economists-Management, TAES, TAMU. New, 1972 <UN.|x..r.iivc Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of Agiiclimc «Mmerai..,g. D.s.nbu.ed in furtherance of the Act, of Congress of May 8. 1914. as amended, and j2e X 19M A ECO 6