02190111 SOYBEANS, IRRIGATED. HIGH PLAINS I_J Estimated Costs, And Requirements Per Acre Of Soybeans, High Level Management Labor __, Fuel, Oil, ____ ^-*\ #. o+4~~ Item no«_^ Times uMr.a Tractor or TlfK p__ Fixed costs i Operation No# Date Qver Hours ^^ R Lub., Rep. Per Acre / (1) Per Acre Shred & Disc 1,12,,15 Nov 1 .20 .16 Chisel and Harrow 1,7,20 Dec 1 .31 .25 .09 .10 Offset Disc 1,13 Feb 1 .31 .25 .17 .36 Float 2,8 Mar 1 .63 .50 .16 .96 Apply and Incorp. Herb. 2,12, 23 Mar 2 .50 .40 .25 .46 List & Fert 1,11 Mar 1 .25 .20 .26 .41 Cultivate 2,4 Apr 1 .16 .13 .11 .15 Plant 1,11 May 1 .21 .17 .22 .34 Cultivate 2,4 June 1 .16 .13 ,11 .15 Water Furrow 2,24 July 1 .20 .16 .01 .02 2.93 2.35 $ 1.59 $ 3.38 $ 2.76 $ 4.50 5.52 9.00 TOTALS $ .21 $ .43 ^ ^ \ Irrigation: Preplant (2) Apr 1 .74 Postplant (2) JulyAug 3 1.47 TO TA L S 2.21 $ ' 8.28 $13.50 (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 Fropomici. 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 02190122 SOYBEANS, IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Soybeans, Typical Management om ib It t. e 1. Gross ,. receipts, .U „ nit Price from o. r n _Q 4u _ a n t iVt a or ylue Cost/Unit J Cost production: bu. $ 2.50 35 $ 87.50 2. Variable Costs: Pre-Harvest: Seed lb. Fertilizer (0-40-0) ac. Herbicide pt. 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, ^ \ .08 3.20 2.75 1.76 1.63 1.41 2.00 1.75 7.09 5.00 .085 Pre-Harvest Harvest: Custom ac. Haul bu. Subtotal, Harvest 5#oo .08 75 1 • 1.5 1 1.03 1.65 2.93 1.72 1 1 20.00 $ 41.76 1 15 $ $ Total Variable Costs 5.00 2.80 7.80 $ 49.56 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor Tractor Irrigation Land (Net $ 6.00 3.20 4.13 1.76 1.68 2.33 5.86 3.01 7.09 5.00 1.70 (1) (2) $ 37.94 ac. ac. Rent) hr. hr. ac. Total Fixed Costs 5 . To t a l C o s t s 6. Net Returns 3#76 1.98 1.46 11 . 5 5 25.76 1 1.03 1.65 1 1 $ 3.76 2.04 2.41 11.55 25.76 $ 45.52 $ 95.08 $ (8.30) jfPN 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 C«H,pen,.ivc Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of Agruulture cooperating. Distributed in furtherance of die Act, of Congress of May 8. 1914. as amended! and juneT?914 A ECO 6 02190121 SOYBEANS. IRRIGATED. HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Soybeans, Typical Management Labor Fuel, Oil, n . T0i ymeer s HHo- u„ _r s_ T O npoerroaHt inonn I tNeom Dna t, e ^ ^r a cH tro8r Lo ur bT. , . RVeap„ . F Pi xeer d Accor se t s (1) Per Acre Shred & Disc 1,12,15 Nov 1 .20 .16 $ .23 $ .47 Chisel and Harrow 1,7,20 Dec 1 .31 .25 .10 .11 Offset Disc 1,13 Feb 1 .31 .25 .19 .40 Float 2,8 Mar 1 .63 .50 .18 1.10 Apply and Incorp. Herb. 2,12,23 Mar 2 .50 .40 .28 .50 List & Fert 1 , 11 Mar 1 .25 .20 .29 .45 Cultivate 2,4 Apr 1 .16 .13 .12 .17 Plant 1,11 May 1 .21 .17 .24 .37 Cultivate 2,4 June 1 .16 .13 .12 .17 Water Furrow 2,24 July 1 .20 .16 .01 a92 2.93 2.35 $ 1.76 $ 3.76 TOTALS Irrigation: Preplant (2) Mar .74 $ 3.04 $ 4.95 Postplant (2) Jun-Aug 2 .98 4.05 6.60 1.72 $ 7.09 $11.55 TOTALS 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. AECQ 6 / ~ \ 02205x12 SUGAR BEETS, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Sugar Beets, High Level Management Price or -. . Va l u e Item Unit Gross receipts, from production: Beets (14% sugar) Pasture Tops To t a l V^ln>tt ton ac. Q-»t-t, or Cost $ 10.50 30.00 22.0 1.0 $231.00 30.00 $261.00 .40 10.0 $ 4.00 10.80 4.70 28.00 2.14 1.51 1.89 6.24 6.44 13.50 13.80 5.00 4.17 $102.19 Variable Costs: r Pre-Harvest: Seed Fertilizer (80-100-0) Herbicide Insecticide (custom) Machinery Tractor (1) Tractor (2) Labor, Tractor & Machinery L a b o r, I r r i g a t i o n Labor, Hoe, Thin Irrigation Machinery Pickup & Miscellaneous Interest on Op. Cap. Subtotal, Pre-Harvest lb. ac. pt. ac. ac. h r. hr. hr. hr. hr. ac. ac. $ 10.80 3.13 4.00 2.14 1.48 1.28 2.00 1.75 1.50 13.80 5.00 .085 49.01 Harvest & Costs: Windrow tops (custom) Harvest & haul (custom) Subtotal Harvest Costs ac. ton 5.00 2.25 1.0 25.0 1.0 1.5 7.0 1.0 1.02 1.48 3.12 3.68 9.0 1.0 1.0 $ 54.50 $156.69 Total Variable Costs $104.31 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Irrigation Land (Net Rent) _/ $ 5.00 49.50 ac. h r. h r. ac. ac. 4.50 1.80 1.33 22.50 32.00 1.0 1.02 1.48 1.0 1.0 $ 4.50 2.66 1.97 22.50 32.00 $ 63.63 Total Fixed Costs 5 . To t a l C o s t s $220.32 6. Net Returns $ 40.68 7. Sugar Act Payment ton 8. Net Return including Sugar Act Payment 2.00 22.0 $ 44.00 $ 84.68 1 / $ 5 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 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, ami June 30, 1014. AECO (> 02205111 SUGAR BEETS, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Sugar Beets, High Level Management -Date _.. Shred & Disc 1,12,15 Nov 1 20 .16 $ .21 .43 Plow, Bust 1,6,21 Dec 1 41 .33 .16 .33 Tandem Disc 2,12 Jan 2 50 .40 .20 .40 Float 2,8 Jan 2 63 .50 .16 .90 List & Fert 1,11 Jan 1 25 .20 .26 .41 Shape, Plant 1,10, 11,19 Feb 1 41 .33 .66 1.10 Thin 2,22 Mar 1 25 .20 .15 .47 Cultivate 2,4 MarSept 3 ,47 .38 .34 .46 Operation Cultivate Hoeing & Thinning (1) Per Acre ^ JuneJuly TOTALS Irrigation: (2) Ti- L a b o r _ _ . _ . _ . , _F -u_e l.,_ .O, i l ,_ _ _ > _ , _ . _ , „ou„ Tractor^ ^. Fixed^osts ItNo. 2 9.00* 12.12 FebSept 3.68 2.50 $ 2.14 $ 4.50 $13.80 $22.50 (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 30, 1914. A ECO 6 \ 02205122 SUGAR BEETS, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Sugar Beets, Typical Management Item 1. Gross receipts, from production: Beets Pasture To p s Total 2. Variable Costs Pre-Harvest: Seed Fertilizer (80-60-0) Herbicide Insecticide (custom) Machinery Tractor (1) Tractor (2) Labor, Tractor & Machinery L a b o r, I r r i g a t i o n Labor, Hoe and Thin Irrigation, Machinery Pickup & Miscellaneous Interest on Op. Cap. Subtotal Pre-Harvest Harvest Costs Windrow Tops (custom) Harvest & haul (custom) Subtotal Harvest Costs Price or Cost/Unit Quantity ton ac. 9.20 30.00 20.0 1.0 $184.00 30.00 $214.00 $ lb. ac. Pt. ac. ac. h r. h r. h r. h r. h r. ac. ac. $ ac. ton .40 10.0 7.60 3.13 4.00 2.37 1.63 1.41 2.00 1.75 1.50 13.89 5.00 .085 1.0 1.5 7.0 1.0 47.31 5.00 2.25 20.0 1.02 1.48 3.12 3.19 9.0 1.0 1.0 1.0 Total Variable Costs 5.00 45.00 $ 50.00 $ $ 65.35 ac. h r. h r. ac. ac. 4.95 1.98 1.46 22.65 31.88 1.0 $ 1.02 1.48 1.0 1.0 Total Fixed Costs 4.95 2.02 2.16 22.65 31.88 $ 63.66 5. Total Costs $212.31 6. Net Returns $ 7. Sugar Act Payment jfP\ 4.00 7.60 4.70 28.00 2.37 1.66 2.09 6.24 5.58 13.50 13.89 5.00 4.02 $ 98.65 $148.65 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Irrigation Land (Net Rent) _/ Value or Cost Unit ton 8. Net return including Sugar Act Payment snt 2.00 20.0 1.69 $ 40.00 $ 41.69 _/ $50/acre less 80% of irrigation fixed costs Developeo by Extension Economists-Management, TAES, TAMU. New, 1972 CiK.peralive 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 02205121 SUGAR BEETS, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Sugar Beets, Typical Management Labor Fuel, Oil, I t e m » - . T i m e s _ , _ . - . „ T r a c t o r o r T. « _ _ F i x e d c o s t s Operation No Date Over H°£8 Mach. Hrs. ^'£>' »' *<=" Shred & Disc 1,12,15 Nov 1 .20 .16 $ .23 $ .47 Plow, Bust 1,6,21 Dec 1 .41 .33 .18 .36 Tandem Disc 2,12 Jan 2 .50 .40 .22 .44 Float 2,8 Jan 2 .63 .50 .18 .99 List & Fert 1,11 Jan 1 .25 .20 .29 .45 Shape, Plant 1,10, 11,19 Feb 1 .41 .33 .73 1.21 Thin 2,22 Mar 1 .25 .20 .17 .52 Cultivate 2,4 MarSept 3 .47 .38 .37 .51 JuneJuly 2 9.00* 2.50 $ 2.37 $ 4.95 $13.89 $22.65 Cultivate Hoeing & Thinning 12.12 TOTALS Irrigation: (2) FebSept 3.19 (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-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 ^ * \ 02225112 WHEAT FOR GRAIN, IRRIGATED, HIGH PLAINS II Estimated Costs And Return Per Acre Of Wheat For Grain, High Level Management Value or Price or Unit Quantity Item Cost Cost/Unit 1. Gross receipts from production: Wheat Grazing (Gain) To t a l 2. Variable Costs: Pre-Harvest: Seed Fertilizer (150-60-0) 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: Combine (custom) Hauling Subtotal, Harvest Costs bu. lb. $ 1.30 .18 50.00 250.00 $ 65.00 45.00 $110.00 bu. ac. lb. ac. ac. h r. h r. h r. ac. h r. h r. ac. $100 $ 2.25 10.05 2.50 2.25 .97 1.48 1.28 .65 8.28 2.00 1.75 5.00 14.00 .085 1.0 1.0 .50 1.0 1.0 .89 .61 .10 1.0 2.00 2.21 1.0 .40 22.85 $ 2.25 10.05 1.25 2.25 2.25 1.32 .78 .07 8.28 4.00 3.87 5.00 5.60 1.94 47.63 $ ac. bu. 4.50 .05 1.0 50.00 $ $ $ 54.63 Total Variable Costs $ 55.37 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor Tractor Tractor Irrigation Land (Net 4.50 2.50 7.00 (1) (2) (3) Rent) 1/ ac. hr. hr. hr. ac. ac. 1.92 1.80 1.33 .72 13.50 24.20 Total Fixed Costs 1.0 .89 .61 .10 1.0 1.0 $ 1.92 1.60 .81 .07 13.50 24.20 $ 42.10 5 . To t a l C o s t s $ 96.73 6. Net Returns $ 13.27 7. Government Payment ($1.20/bu x 50) 2/ $ 60.00 8. Net Returns Including Government Payment $ 73.27 _/ $35/acre less 80% of irrigation fixed costs 2/ Assume full allotment—no provisions made for set aside -Developed by Extension economists-Management, New, 1972 Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of Agiiculluie cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914. A ECO 6 0-_22->i.jJ. WHEAT FOR GRAIN, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grain, High Level Management Labor Fuel, Oil, I t e m , Date -.__._ Times „ Tractor or - - ' «__' Fixed costs Over No. Per Acre (1) Hours £3_!°IlrS! L^., Rep. *£TA™' Operation Tandem Disc 2,12 JuneJuly 2 .50 .40 Oneway 1,5 Aug 1 .31 .25 Fertilize 3 Aug 1 .13 .10 Tandem Disc 2,12 Aug 1 .25 Chisel Sweep 1,7 Aug 1 List 1 , 11 Aug Cultivate 2,4 Plant 2,14 (2) .20 $ .40 .16 .38 .20 .10 .20 .20 .16 .07 .10 1 .25 .20 .26 .41 Aug 1 .16 .13 .11 .15 Aug 1 .20 .16 .07 .28 2.00 1.60 .97 $ 1.92 $ 8.28 $13.50 TOTALS Irrigation: $ AugApr 4 2.21 $ ^ " \ (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 ^ 02225122 WHEAT FOR GRAIN, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Wheat For Grain, Typical Management Value or Price or Unit Item Quantity Cost Cost/Unit 1. Gross receipts from production: Wheat Grazing (Gain) To t a l 2. Variable Costs: Pre-Harvest: Seed Fertilizer (100-40-0) Herbicide Insecticide (custom applied) 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 Pickup & Miscellaneous Hail Insurance Interest on Op. Cap. Subtotal, Pre-Harvest Harvest Costs: Combining (custom) Hauling (custom) Subtotal, Harvest Costs bu. lb, 1.30 .18 bu. ac. lb. ac. ac. h r. h r. h r. h r. h r. ac. $100 $ ac. bu. 2.25 6.70 2.50 2.25 1.08 1.63 1.41 .72 2.00 1.75 5.00 14.00 .085 4.35 .05 37.0 200.0 1.00 1.0 .50 1.0 1.0 .89 .61 .10 2.0 1.47 1.0 .175 18.50 $ 1.0 37.0 $ 2.25 6.70 1.25 2.25 1.08 1.45 .86 .07 4.00 2.57 5.00 2.45 1.57 38.58 $ $ Total Variable Costs 4.35 1.85 6.20 $ 44.78 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor Tractor Tractor Irrigation Land (Net $ 48.10 36.00 $ 84.10 $ 39.32 (1) (2) (3) Rent) 1/ ac. hr. hr. hr. ac. ac. 2.12 1.98 1.46 .79 11.55 25.76 Total Fixed Costs 1.0 .89 .61 .10 1.0 1.0 $ 2.12 1.76 .89 .08 11.55 25.76 $ 42.16 5 . To t a l C o s t s $ 86.95 6. Net Returns $ (2.84) 7. Government Payment ($1.20/bu x 37) 2/ $ 44.40 8. Net Returns Including Government Payment $ 41.56 1/ $35/acre less 80% of irrigation costs Assume full allotment—no provis EVELOPED BY EXTENSION ECONOMISTS-MANAGEMENT, e for set aside 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 02225121 WHEAT FOR GRAIN, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grain, Typical Management Labor Fuel, Oil, • Tt-f»m Times ,- Tractor or T __ r> Fixed costs "om Date VHV H°£8 Mach. Hrs. ^^ Per Acre Operation Tandem Disc 2,12 June July 2 .50 .40 $ .22 .18 .42 $ .44 Oneway 1,5 Aug 1 .31 .25 Fertilize 3 Aug 1 .13 .10 Tandem Disc 2,12 Aug 1 .25 .20 .11 .22 Chisel Sweep 1,7 Aug 1 .20 .16 .08 .11 List 1,11 Aug 1 .25 .20 .29 .45 Cultivate 2,4 Aug 1 .16 .13 .12 .17 Plant 2,14 Aug 1 .20 .16 .08 .31 2.00 1.60 $ 1.08 $ 2.12 $ 7.08 $11.55 TOTALS Irrigation: (2) Aug-Apr 3 1.47 /m\ (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. ^S 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 30, 1914. AECO 6 02225212 WHEAT FOR GRAIN, DRYLAND, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Wheat For Grain, High Level Management f^ Item Unit Price or Cost/Unit Quantity Value or Cost bu. lb. $ 1.30 25.0 120.0 $ 32.50 21.60 1. Gross receipts, from production: Grain Grazing .18 To t a l $ 54.10 2. Variable Costs: Pre-Harvest: Seed Fertilizer (30-0-0) Insecticide (custom applied) Machinery Tractor (1) Tractor (2) Labor, Tractor & Machinery Pickup & Miscellaneous Hail Insurance Interest on Op. Cap. Subtotal, Pre-Harvest Harvest Costs: Custom Combine Hauling Subtotal, Harvest lb. ac. ac. ac. h r. h r. h r. ac. $100 $ .038 1.05 2.25 .38 1.48 1.28 2.00 2.50 14.00 .085 45.0 .38 .21 2.10 2.50 1.61 1.0 .115 4.75 .40 $ 13.21 ac. bu. 3.75 .05 1.0 $ 25.0 $ 3.75 1.25 5.00 $ 18.21 3. Income Above Variable Costs Fixed Costs: Machinery Tractor (1) Tractor (2) Land (Rent) 1/ 1.71 1.05 2.25 1.00 1.05 Total Variable Costs 4. $ 1.0 1.0 1.0 .68 .16 $ 36.00 ac. h r. h r. ac. .78 1.80 1.33 18.03 Total Fixed Costs 1.0 .68 .16 1.0 $ .78 1.22 .21 18.03 $ 20.24 5 . To t a l C o s t s $ 38.45 6. Net Returns $ 15.65 7. Government payment ($1.20/bu x 25) 2/ $ 30.00 8. Net Returns Including Government Payment $ 45.65 ^ \ . 1/ 1/3 of gross income _/ Assume full allotment—no provisions made for set aside 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. A ECO 6 Operation Chisel 02225211 WHEAT FOR GRAIN, DRYLAND, HI(3_ PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grain, High Level Management Labor Fuel, Oil, Item nal_ Times „____.. Tractor or , . ^ Fixed costs No. Date Over H?"*8 Mach. Hrs. L«»>., Rep. Per ^^ (1) Per Acre 1,7 Jun- Aug 3 .60 .48 $ .21 $ .30 Tandem Disc 1,12 Sept 1 .25 .20 .10 .20 Plant 2,14 Sept 1 .20 .16 .07 .28 1.05 .84 TOTALS $ .38 $ .78 ^ * \ (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 4_ad Home Economics, Texas A&M University and the United States Department of Agriculture cooperating. Distributed in JMrtherance of the Acts of Congress of May 8, 1914. as amended, and June 30, 1914. AECO 6 \ 02225222 WHEAT FOR GRAIN, DRYLAND. HIGH PLAINS LE f^ Estimated Costs And Returns Per Acre Of Wheat For Grain, Typical Management Itei" Unlt i i C _o ta_t _/ U Pn ri ti c e o r Q n ^ .t .i .t y V a l u e ^o r 1. Gross receipts, from production: Grain Grazing bu. $ lb. To t a l 1.30 .18 15.00 90.00 $ $ 19.50 16.20 35.70 2. Variable Costs: J*3»\ Pre-Harvest: Seed lb. .038 Machinery ac. .42 Tractor (1) hr. 1.63 Tractor (2) hr. 1.41 Labor, Tractor & Machinery hr. 2.00 Pickup & Miscellaneous ac. 2.50 Hail Insurance $100 14.00 Interest on Op. Cap. $ .085 Subtotal, Pre-Harvest 45.00 1.0 .85 .20 1.05 1.0 .085 4.79 $ Harvest Costs: Custom Combine Haul bu. Subtotal, Harvest 1.0 15.00 $ ac. 3.50 .05 $ Total Variable Costs 3.50 .75 4.25 $ 14.25 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Land (Rent) 1.71 .42 1.39 .28 2.10 2.50 1.19 .41 $ 10.00 $ 21.45 ac. hr. hr. 1/ ac. .86 1.98 1.46 11 . 9 0 Total Fixed Costs 1.0 .85 .20 1.0 $ .86 1.68 .29 11.90 $ 14.73 5 . To t a l C o s t s $ 28.98 6. Net Returns $ 7. Government Payments ($1.20/bu. x 15) 2/ $ 18.00 8. Net Returns Including Government $ 25.92 6.72 JL/ 1/3 of gross income 2/ Assumes full allotment—provisions made for set aside 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 C<»opcraiive 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 02225221 WHEAT FOR GRAIN, DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grain, Typical Management Labor Operation Chisel Fuel, Oil, „_, lN £ *o .^ t eO v™e°rf H■■o u rM s * 2c S «2 d cAcre osts h t. o £H r st . L upbe. ,r RAe cp r. e F i x ePer JunAug 3 ,60 .48 Ta n d e m D i s c 1 , 1 2 Sept 1 .25 .20 .11 .22 Plant Sept 1 .20 .16 .08 .31 1.05 .84 TOTALS 1,7 2,14 $ $ .23 .42 $ $ .33 .86 (1) Labor hours calculated at 1.25 times tractor ftours 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 HotqeEconomics, Tex*s A&M yniveraity 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 6 02230112 WHEAT FOR GRAZING, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Wheat For Grazing. High Level Management P r i c e o r _ - . . . _ _ Va l u e o r ""» U»" Cost/Unit Quantlty Cost 1. Gross receipts, from production: Gain lb. $ .18 580 $104.40 2. Variable Costs: Seed bu. 2.50 1.5 $ Fertilizer (250-80-0) ac. 15.10 1.0 Machinery ac. .97 1.0 Tractor (1) hr. 1.48 .61 Tractor <2) hr. 1.28 .89 Tractor (3) hr. .65 .20 Labor, Tractor & Machinery hr. 2.00 2.13 Labor, Irrigation hr. 1.75 2.71 Irrigation Machinery ac. 10.12 1.0 Pickup & Miscellaneous ac. 5.00 1.0 Interest on Op. Cap. $ .085 23.06 $ 48.07 Total Variable Costs 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) 1/ To t a l Fixed 5. To t a l 6. Net 3.75 15.10 .97 .90 1.14 .13 4.26 4.74 10.12 5.00 1.96 $ 56.33 ac. h r. h r. h r. ac. ac. 1.92 1.80 1.33 .72 16.50 21.80 1.0 .61 .89 .20 1.0 1.0 Costs $ 1.92 1.10 1.18 .14 16.50 21.80 42.64 Costs $ 90.72 Returns $ 13.68 JL/ $35/acre less 80% of irrigation fixed costs O 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. A ECO 6 02230111 Operation Tandem Disc WHEAT FOR GRAZING, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grazing. High LpvaT ManagPinAniLabor __ Fuel, Oil, I t e m n n 4 . A Ti m e s « « „ , . „ Tr a c t o r o r T l l K „ _ _ F i x e d c o s t s No. Date Over H™*s Mach. Hrs. h"h'\***• Per Acre (1) Per Acre 2,12 JuneJuly 2 .50 .40 $ .20 $ .40 .16 .38 Oneway 1,5 Aug 1 .31 .25 Fertilize 3 Aug 1 .13 .10 Tandem Disc 2,12 Aug 1 .25 .20 .10 .20 Chisel Sweep 1,7 Aug 1 .20 .16 .07 .10 List 1 , 11 Aug 1 .25 .20 .26 .41 Cultivate 2,4 Aug 1 .16 .13 .11 .15 Plant 2,14 Aug 1 .20 .16 .07 .28 Fertilize 3 Mar 1 .13 .10 2.13 1.70 $ .97 $ 1.92 $10.12 $16.50 TOTALS Irrigation: (2) Aug-May 5 2.21 * ^ \ (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 SO, 1914. AECO 6 /^% 02230122 WHEAT FOR GRAZING, IRRIGATED, HIGH PLAINS II J^N Esj:imated Costs And Returns Per Acre Of Wheat For Grazing. Typical Management o ru a nn t l. t. y. V a l C u eo s to r Item Unlt C o„ s t. /_U nPi tr i c e Q 1. Gross receipts, from production: Gain lb. $ .18 460 $ 82.80 2. Variable Costs: Seed bu. 2.50 1.5 $ Fertilizer (100-40-0) ac. 6.70 1.0 Insecticide (custom) ac. 2.50 1.0 Machinery ac. 1.08 1.0 Tractor <1) hr. 1.63 .61 Tractor (2) hr. 1.41 .89 Tractor (3) hr. .72 .10 Labor, Tractor & Machinery hr. 2.00 2.13 Labor, Irrigation hr. 1.75 2.21 Irrigation Machinery ac. 9 . 11 1.0 Pickup & Miscellaneous ac. 5.00 1.0 Interest on Op. Cap. $ .085 19.30 Total Variable Costs # ^ $ 40.23 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) 1/ To t a l Fixed 5. To t a l 6. Net 3.75 6.70 2.50 1.08 .99 1.26 .07 4.26 3.87 9 . 11 5.00 1.64 $ 42.57 ac. h r. h r. h r. ac. ac. 2.12 1.98 1.46 .79 14.85 23.73 1.0 .61 .89 .10 1.0 1.0 Costs Costs Returns $ $ $ 2.12 1.21 1.30 .08 14.85 23.73 43.29 83.52 $ (.72) _/ $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 (-♦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 02230121 WHEAT FOR GRAZING, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grazing, Typical Management Labor Fuel, Oil, _. . 4 I t e m n a < _ 0 T i m e s n f t l l T . f t T r a c t o r o r . j ^ F i x O p e r a t i o n N o D a t e Q v e r H o u r s ^ ^ H r s # L u b . , R e p . p ee rd Accorset s Per Acre (1) Tandem Disc 2,12 June July 2 .50 .40 Oneway 1,5 Aug 1 .31 .25 Fertilize 3 Aug 1 .13 .10 Tandem Disc 2,12 Aug 1 .25 Chisel Sweep 1,7 Aug 1 List 1,11 Aug Cultivate 2,4 Plant 2,14 .22 $ .44 .18 .42 .20 .11 .22 .20 .16 .08 .11 1 .25 .20 .29 .45 Aug 1 .16 .13 .12 .17 Aug 1 .20 .16 .08 .31 2.13 1.70 $ 1.08 $ 2.12 $ 9.11 $14.85 TOTALS Irrigation: (2) $ Aug-Apr 4 2.21 (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 ,/*"\ 02230212 WHEAT FOR GRAZING, DRYLAND, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Wheat For Grazing, High Level Management Item Unit Price or Cost/Unit Quantity Value or Cost lb. $ 175.0 $ 31.50 1. Gross receipts, from production: Gain .18 2 . Va r i a b l e C o s t s : Pre-Harvest: Seed Fertilizer (30-0-0) Insecticide (custom applied) Machinery Tractor (1) Tractor (2) Labor, Tractor & Machinery Pickup & Miscellaneous Interest on Op. Cap. lb. ac. ac. ac. h r. h r. h r. ac. $ .038 1.05 2.25 .78 1.48 1.28 2.00 2.50 .085 45.0 1.0 1.0 1.0 .68 .16 1.05 1.0 5.80 Total Variable Costs 4. Fixed Costs Machinery Tractor (1) Tractor (2) Land (Rent) Total Fixed Costs 1.71 1.05 2.25 .78 1.00 .21 2.10 2.50 .49 $ 12.09 3. Income Above Variable Costs ^^PN $ $ 19.41 1/ ac. hr. hr. ac. .78 1.80 1.33 10.50 1.0 .68 .16 1.0 .78 1.22 .21 10.50 $ 12.71 5 . To t a l C o s t s $ 24.80 6. Net Returns $ 6.70 ,^\ 1/ 1/3 of gross income Developed by Extension Economists-Management, TAES, TAMU. New, 1972 (:«M.pcrativc 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 fi OZZJUZll WHEAT FOR GRAZING, DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grazing, High Level Management Labor Fuel, Oil, _riJ .. «^4_- Item nQ„__, Times Hrtlliro Tractor or T . Po„ Fixed costs Operation No Date 0yer Hours ^^ Hrs # Lub., Rep. per Acre (1) Per Acre Chisel 1,7 Jun-■Aug 3 .60 .48 Tandem Disc 1,12 Aug 1 .25 .20 .10 .20 Plant 2,14 Aug 1 .20 .16 .07 .28 1.05 .84 TOTALS $ $ .21 .38 $ $ .30 .78 (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. aa amended, and June 30. 1914. AECO 6 02230222 WHEAT FOR GRAZING, DRYLAND, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Wheat For Grazing, Typical Management _... „ *^» _^ Price Unlt or ~ Cost/Unit fc.fc Va l u e Q»ant.ty or Cost 1. Gross receipts, from production: Gain lb. $ .18 125.0 lb. ac. h r. h r. h r. ac. .038 .42 1.63 1.41 2.00 2.50 .085 $ 22.50 2. Variable Costs: Pre-Harvest Costs: Seed Machinery Tractor <1) Tractor (2) Labor, Tractor & Machinery Pickup & Miscellaneous Interest on Op. Cap. $ 45.0 1.0 .68 .16 1.05 1.0 4.16 Total Variable Costg Total Fixed Costs 1.71 .42 1.11 .23 2.10 2.50 .35 $ 8.67 $ 13.83 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Land (Rent) _/ $ ac. h r. h r. ac. .86 1.98 1.46 7.50 1.0 .68 .16 1.0 $ .86 .59 .23 7.50 $ 9.18 5 . To t a l C o s t s $ 17.85 6. Net Returns $ 4.65 1/ 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 Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914. A ECO 6 02230221 WHEAT FOR GRAZING, DRYLAND, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Wheat For Grazing, Typical Management Operation Item No. Labor Fuel, Oil, T i m e sH™*8 .. Tractor or - . «__ Fixed costs Date 6ver~ Mach. Hrs. hx*b'> Atep" Per Acre Per Acre 1,7 Jun-•Aug 3 .60 .48 Tandem Disc 1,12 Aug 1 .25 .20 .11 .22 Plant 2,14 Aug 1 .20 .16 .08 .31 1.05 .84 TOTALS $ $ .23 .33 Chisel .42 $ $ .86 ^ v (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 SO. 1914. AECO 6 ^ * \ 02240112 ANNUAL WINTER PASTURE, IRRIGATED, HIGH PLAINS II Estimated Costs And Returns Per Acre Of Annual Winter Pasture, High Level Management #FN' _ »» it _.. Price or n ... Cost/Unit Quantlty Unlt Va l u e o r Cost 1. Gross receipts from production: Gain lb. $ .18 650 $ 11 7 . 0 0 2. Variable Costs: Seed: Rye lb. .045 100 $ 4.50 Vetch lb. .20 30 6.00 Fertilizer (150-80-0) ac. 11 . 6 5 1.0 11 . 6 5 Machinery ac. .87 1.0 .87 Tractor (1) hr. 1.48 .76 1.13 Tractor (2) hr. 1.28 .69 .88 Tractor (3) hr. .65 .13 .09 Labor, Tractor & Machinery hr. 2.00 1.75 3.50 Labor, Irrigation hr. 1.75 2.94 5.15 Irrigation Machinery ac. 12.05 1.0 12.05 Pickup & Miscellaneous ac. 5.00 1.0 5.00 Interest on Op. Capital $ .085 25.41 2.16 Total Variable Costs $ 52.98 r^ 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) 1/ To t a l Fixed 5. To t a l 6. Net $ 64.02 ac. h r. h r. h r. ac. ac. 1.72 1.80 1.33 .72 19.65 19.28 1.0 .76 .69 .13 1.0 1.0 Costs $ $ 1.72 1.37 .92 .09 19.65 19.29 43.03 Costs $ 96.01 Returns $ 20.99 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 <:<H.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. A ECO 6 U_._:<tux-.x Operation ANNUAL WINTER PASTURE, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Annual Winter Pasture, High Level Management _.«__.«_ Fuel, Oil, Labor Item -. Times _» Tractor or TllK p__ Fixed costs l«T Date Sve^ H°£8 Mach. Hrs. ^ £*' Per Acre Ta n d e m D i s c 2 , 1 2 July 1 .25 .20 $ .10 $ .20 Oneway Aug 1 .31 .25 .16 .38 Ta n d e m D i s c 2 , 1 2 Aug 1 .25 .20 .10 .20 Chisel (Sweeps)1,7 Aug 1 .20 .16 .07 .10 List & apply F e r t i l i z e r 1 , 11 Aug 1 .25 .20 .26 .41 Cultivate Aug 1 .16 .13 .11 .15 Plant (Drill) 2,14 Aug 1 .20 .16 .07 .28 Fertilize Mar 1 .13 .10 1.75 1.40 $ .87 $ 1.72 $12.05 $19.65 1,5 2,4 3 TOTALS Irrigation: (2) Aug-Jun 6 2.94 ^ (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 ^ \ 02240122 ANNUAL WINTER PASTURE, IRRIGATED. HIGH PLAINS II Estimated Costs And Returns Per Acre Of Annual Winter Pasture, Typical Management ^ ^ Item C ,o. s t_/ _U .n i Pt r i c e Unlt oQru ar nt t i. t y. _ V a lCu oe s to r 1. Gross receipts from production: Gain lb. $ .18 550.0 $ 2. Variable Costs: Seed: Rye lb. .045 100.0 $ Vetch lb. .20 30.0 Fertilizer (150-80-0) ac. 11 . 6 5 1.0 Machinery ac. .97 1.0 Tractor (1) hr. 1.63 .76 Tractor (2) hr. 1.41 .86 Tractor (3) hr. .72 .13 Labor, Tractor & Machinery hr. 2.00 1.75 Labor, Irrigation hr. 1.75 1.96 Irrigation Machinery ac. 8.10 1.0 Pickup & Miscellaneous ac. 5.00 1.0 Interest on Op. Cap. $ .08 22.85 Total Variable Costs To t a l Fixed 5. To t a l 6. Net 4.50 6.00 11 . 6 5 .97 1.24 1.21 .09 3.50 3.43 8.10 5.00 1.83 $ 47.52 3. Income Above Variable Costs 4. Fixed Costs: Machinery Tractor (1) Tractor (2) Tractor (3) Irrigation Land (Net Rent) 1/ 99.00 $ 51.48 ac. h r. h r. h r. ac. ac. 1.0 .76 .86 .13 1.0 1.0 1.90 1.98 1.46 .79 13.20 24.44 Costs Costs Returns $ $ $ 1.90 1.51 1.26 .10 13.20 24.44 42.41 89.93 $ 9.07 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 CiM.pcrativc 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. AFCO « 02240121 ANNUAL WINTER PASTURE, IRRIGATED, HIGH PLAINS II Estimated Costs, And Requirements Per Acre Of Annual Winter Pasture, Typical Management Item No. Operation Date Times Over Labor Hours (1) Tr a c t o r o r Mach. Hrs. Fuel, Oil, Lub., Rep. Per Acre Fixed costs Per Acre Tandem Disc 2,12 July 1 25 .20 .11 .22 Oneway 1,5 Aug 1 31 .25 .18 .42 Tandem Disc 2,12 Aug 1 25 .25 .20 . 11 .22 Chisel (Sweeps) 1,7 Aug 1 .20 .16 .08 .11 List & apply Fertilizer 1,11 Aug 1 .25 .20 .29 .45 Cultivate 2,4 Aug 1 .16 .13 .12 .17 Plant (Drill) 2,14 Aug 1 .20 .16 .08 .31 Fertilize 3 Mar 1 .13 .10 1.75 1.40 $ .97 $ 1.90 $ 8.10 $13.20 TOTALS Irrigation: (2) Aug-Jun 4 1.96 - > ■ > (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 dy 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 ~ >