r
03000300
TEXAS HIGH PLAINS III
FOREWORD
r
Enterprise budgets were developed for all of
the crops that are produced ou at least 1 percent
of the cropped land in the mixed lands soil
resource area. This area includes Bailey. Borden,
Cochran, Dawson, Garza, Hockley, Lamb, Lub
bock and Lynn counties.
All budgets on irrigated crops reflect the
assumption of adequate supplies of underground
irrigation water to obtain optimum production.
All crops except corn were assumed irrigated
by sprinkler systems. Most of the com in this
area is produced in Lamb and Bailey counties;
hence, the budgets for corn are applicable spe
cifically to these two counties.
The enterprise budgets developed for High
Plains III were based on the following assumed
organizations.
Farm size
Cotton allotment
Feed grain base
Other cropland
r
Irrigated Dryland
(acres)
(acres)
800
1600
265
530
400
800
135
270
The machinery inventory (03000500) is ap
plicable to all situations since no difference in
equipment was found between high level and
average managers, and dryland units of approxi
mately twice the size of irrigated farms have
similar equipment inventories.
All calculations of government payments and
comments concerning set-aside requirements are
based on the 1971 farm program. All govern
ment payments indicated herein are net of nor
mal crop share rent.
Land charges were calculated as the landlords
share of the gross income less his proportionate
share of the variable inputs, if applicable, and
80 percent of the fixed cost on the irrigation
system. Normal crop share rentals in this area
provide for the landlord to pay a portion of the
cost of chemicals and the harvest on most crops.
The exceptions in these budgets are alfalfa and
permanent pasture where the landlord pays none
of the costs of the variable inputs. A flat land
charge of S20 per acre was used for the estab
lishment of both alfalfa and permanent pasture.
In one instance, permanent pasture typical man
agement, the land charge calculated as 14 of the
gross return less 80 percent of the fixed cost on
the irrigation system was negative. In this case,
a land charge of zero was used. The following
crop shares were assumed.
Crop
Cotton
Grain sorghum
Corn
Wheat
Forage sorghum
Soybeans
Alfalfa
Permanent pasture
Southern peas
Landlord's Share
Vs
V
a
Vs
V*
V
a
M
14
Vs
03000400
TEXAS HIGH PLAINS III
Assumed Prices Paid And Received By Farmers
C
Item
Unit
Price
cwt.
cwt.
bu.
cwt.
cwt.
cwt.
cwt.
cwt.
cwt.
bu.
cwt.
cwt.
$ 21.00
21.00
2.50
50.00
30.00
20.00
5.00
135.00
85.00
.50
33.00
15.50
Prices Paid
r
r
Seed:
Cotton
Grain Sorghum
Wheat
Alfalfa
Corn
Sorghum Sudan
Soybean
Switchgrass
Western Wheatgrass
Midland Bermuda (sprigs)
Castors
Southern Peas
Custom Rates:
Combining southern peas
Harvest castors
Combining wheat
Combining grain sorghum
Hay harvest
swath, bale, and haul
Hauling
grain sorghum, castors & southern peas
soybean
wheat
Chemical spraying
Cotton ginning
Fuel and lubricants:
Gasoline
L. P. gas
Diesel fuel
Motor oil (heavy duty detergent)
Lubricant
Fertilizer (bulk)
Nitrogen - anhydrous
Nitrogen - nitrate
Phosphorus
Potash
Labor (except hoeing)
Hoeing
Capital:
Chemicals:
Pre-emergence herbicide
Methyl parathion
Malathion
ac.
cwt.
ac.
cwt.
6.00
.75 2/
3.00 3/
.15 4/
bale
.45
cwt.
cwt.
.10
.08
.05
bu.
ac.
1.25
500//
grossI w t . b a l e 2 1 . 5 0
gal.
gal.
gal.
gal.
lb.
lb.
lb.
lb.
lb.
h r.
h r.
$
5 gal
gal.
gal.
.20
.11
.155
1.05
.39
.04
.08
.09
.05
2.00
1.50
.085
110.00
5.25
11.00
New, 1972
03000400
TEXAS HIGH PLAINS III
Assumed Prices Paid And Received By Farmers
^
Item
Unit
Hail Insurance:
Cotton - irrigated
Cotton - dryland
Grain Sorghum - irrigated
Grain Sorghum - dryland
Wheat - irrigated
Wheat - dryland
Corn
Soybeans
Price
$100
$100
$100
$100
$100
$100
$100
$100
$ 13.38
11.27
6.88
6.21
12.60
12.70
8.31
15.03
Prices Received
Cotton
Cotton Seed
Wheat
Grain Sorghum
Alfalfa hay
Forage sorghum hay
Ensilage - corn
Pasture grazing
Corn
Soybeans
Southern Peas
Castors
lb. lint
ton
bu
cwt.
ton
ton
ton
AUM
bu.
bu.
cwt.
cwt.
.20
60.00
1.30
2.00
20.00
20.00
5.50
12.00
1.15
2.50
6.00
5.50
5/
5/
5/
6/
55// " >
1/ These price assumptions are not to be interpreted as predictions or prospective
prices.
2/ Minimum charge of $10.00 per acre.
_3/ $3.00 per acre plus $0.05 per bushel of yield over 20 bushels per acre.
4/ Minimum charge of $3.50 per acre.
5/ Does not include government payment which a farmer might receive for participating
in farm programs.
6/ Sold standing in field to alfalfa cuber operator.
y-7*lk
s~®\
/ - ^
03000500
TEXAS HIGH PLAINS III
Estimated Machinery And Equipment Cost Per Hour Of Use
Machinery
Item and Size
Tractor, 100 HP
Tractor, 80 HP
Tractor, 45 HP
Shredder, 4R
Tandem Disk 13'
Moldboard Plow, 4B
Chisel 13'
Herbicide Spray Rig
Lister-Planter
Float
Flex Planter
Grain Drill, 16f
(2) Rolling
Cultivator 6R
(2) Sandfighter
Clod Buster
Tool Bar 6R
8-6 Wells & Equip. 5J
Cotton Stripper
(9) Cotton Trailers
Estimated
Item
New
"".""T^"
T o t a l Estimated
m
_
_ _ Depr.
_-.
N o . C o s . * » % * . Z ™ - D e p r . l / T o ' f « » ' P e r'erHWx.21
r.2/
Of Use
Of Use
Interest on
Investment
Per Hour 3/
Fuel, Oil
Lub., Rep.,
Per Hour 4/
1
2
3
4
5
6
7
8
9
10
11
12
$10,500
8,000
3,500
1,400
1,600
1,400
800
500
1,800
1,500
580
1,600
5
10
12
8
8
8
8
10
8
10
5
10
$5,492
5,304
3,500
1,044
1,194
1,044
597
400
1,343
1,194
375
1,274
5,000
8,000
7,200
1,500
2,000
1,600
1,600
2,000
1,000
1,000
1,000
1,200
$1.10
.66
.49
.70
.60
.65
.37
.20
1.34
1.19
.38
1.06
$ .62
.53
.23
.37
.32
.35
.20
.12
.72
.72
.16
.64
$ 1.48
1.38
.63
.59
.70
.49
.43
.26
1.28
.32
.39
.44
13
14
15
16
17
18
19
1,700
300
385
200
8
10
12
12
1,268
215
350
175
1,600
2,000
2,000
2,000
.79
.11
.18
.09
.43
.06
.10
.05
.91
.10
.05
.05
9,000
4,500
10
12
6,957
4,000
1,500
1,500
4.64
2.67
2.95
1.51
2.89
.74
1/ New cost less value at time of trade, or less salvage value.
2/ Assumes straight line depreciation.
31/ (Investment & Salvage) * 2 x .08 divided by annual hours of use.
4/ Fuel, oil lubrication, repair cost estimate taken from Bowers, Modern Concepts of Farm Machinery Management,
5/ See attached Irrigation Cost Analysis.
New, 1972
03000600
TEXAS HIGH PLAINS III
Yield Per Acre For Ty p i c a l And High Level Management
Crop
Unit
Alfalfa
tons
Corn
bu.
Corn Silage
Irrigated
Ty p i c a l H i g h L e v e l
6. 5
Dryland
Ty p i c a l H i g h L e v e l
8.5
100
140
-
-
tons
20
27
-
-
Cotton
lbs.
600
750
300
375
Forage Sorghum For
Grazing
AUM
Grain Sorghum
cwt.
Permanent Pasture
4. 5
6
2.5
-
55
67
12
18
AUM
6
12
-
-
Southern Peas
cwt.
-
-
5
-
Soybeans
bu.
35
42
-
-.
Wheat
bu.
35
50
18
22
^
New, 1972
03000700
TEXAS HIGH PLAINS III
Estimated Costs Of Irrigation Water
Per Acre Inch
Well
Depth
feet
GPM
150
75
200
Distribution
System
Power 1/
Source
h.m sprinkler electricity
Sidemove-tow e l e c t r i c i t y
100 h . m s p r i n k l e r e l e c t r i c i t y
skid tow line elect r i c i t y
150 h . m s p r i n k l e r e l e c t r i c i t y
250
400
600
800
250
skid tow line
side roll
furrow
side roll
s. propelled
furrow
side roll
s. propelled
furrow
side roll
s. propelled
furrow
300 s i d e r o l l
400
600
furrow
side roll
8. propelled
furrow
side roll
s. propelled
furrow
800 s i d e r o l l
s. propelled
furrow
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
electricity
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
n a t . gas
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
gas
gas
gas
gas
gas
gas
gas
gas
nat.
nat.
nat.
gas
gas
gas
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
Operating Fixed
Cost 2/ C o s t 3 /
dollars dollars
.77
1.07
.89
.97
.83 .
.91
.75
.42
.75
.42
.46
.75
1.13
.44
.74
1.63
1.91
. 2 11
.047
.37
.08
2.77
3.08
1.63
1.83
1.24
1.44
1.43
. 2 11
.063
. 2 11
.06.,
.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
.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
.063
.022
.123
.11
.04
.22
2.07
2.47
1.43
.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
.98
1.27
.98
.82
1.18
1.29
.73
1 . 11
1 . 11
1.22
.44
.66
.78
.50
.77
1.45
1.00
1.36
1.48
1.14
.46
.78
.92
1.15
1.25
1.37
.46
.81
.77
1.12
1.19
1.31
.46
.75
.79
1.47
1.57
1.01
1.33
1.45
1.16
.48
.80
1.15
.48
.78
1.14
.48
.77
1.13
.47
Labor
Labor
To t a l
Cost
Requirement Cost
hrs.
d o l l a r s dollars
.88
1.26
1.37
.81
1.24
1.36
.80
New, 1972
03000700
TEXAS HIGH PLAINS III
Estimated Costs Of Irrigation Water
Well
Distribution
Depthi GPM
System
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
500
600
800 s i d e r o l l
Power 1/
Source
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
s. propelled
furrow
n a t . gas
n a t . gas
n a t . gas
1000 s i d e r o l l
s. propelled
furrow
n a t . gas
n a t . gas
n a t . gas
Per Acre Inch
Labor To t a l
Fixed
Labor
Operating
Cost
Cost 2/ Cost 3/ Requirement Cost
hrs.
dollars dollars
dollars dollars
.83
.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
1.16
1.30
1.42
.50
.86
.063
.022
.123
.063
.022
.123
.063
.022
.123
.063
.022
.123
.86
1.47
1.59
1.02
.063
.022
.123
.11
.04
.22
2.44
2.84
1.80
1.45
1.56
1.00
.063
.022
.123
.11
.04
.22
2.45
2.84^
1.82
1.20
.52
.81
1.18
.52
.80
1.16
.50
.80
1.21
.56
.89
1.24
.60
1.56
1.67
1 . 11
1.40
1.52
.96
1.32
1.44
.88
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.
2]. Includes fuel, lubrication, maintenance and repair on well, pumping plant,
and distribution system.
J3/. 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.
ALFALFA ESTABLISHMENT, IRRIGATED, HIGH PLAINS III 03006112
Estimated Costs And Returns Per Acre Of Alfalfa Establishment, High Level Management
Ir t. e m . ,
U. .n i t
P r i c_e
o .r . . . . .~.
_.Q
_ _u a n t Vi tayl u e
or
Cost/Unit
^
J
Cost
1. No Income
2. Variable Costs:
Seed
lb.
$
.50
22
$
Fertilizer
(20-100-50)
ac.
13.10
1
Machinery
ac.
.80
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.3
Tractor
(3)
hr.
.63
.2
Labor,
Tractor
&
Machinery
hr.
2.00
2
Labor
Irrigation
hr.
2.00
.6
Irrigation
Machinery
ac.
in.
.78
10
Interest
on
Op.
Cap.
mo.
.085
6
Total Variable Costs
$ 41.77
3. Income Above Variable Costs
$(41.77)
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge (rent)
To t a l
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
5.
Developed
Cost
by
Extension
1.74
1.72
1.19
.72
1.25
20.00
1
1.1
.3
.2
10
1
Costs
To t a l
Net
11 . 0 0
13.10
.80
1.63
.41
.13
4.00
1.20
7.80
1.70
Costs
Of
$
Economists-Management,
36.63
$
Establishment
TA E S ,
$ 1.74
1.89
.36
.14
12.50
20.00
78.40
$
TA M U .
78.40
New* 1972
<:iM.|ieiaiivtr Extension Work in Agriculture and Home Economics, Texas A&M University and the United Stales Department of
AKiiMiltiin- <«M»pcratiiij{. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30, 1914.
AECO 6
ALFALFA ESTABLISHMENT. IRRIGATED, HIGH PLAINS III ,
Estimated Costs, And Requirements Per Acre
Of Alfalfa Establishment, High Level Management
03006111
Operation
Labor
Fuel,
Oil,
_
Item „ _ Times „-...-.« Tractor or , . «__ Fixed costs
LNo.
S^ Date ^ Hours ^ h Hr8# Lub., Rep. Per Acre
(1)
Per
Acre
Moldboard
1,6,15 Jul
1
.75
.60
Tandem Disk
1,5
Aug
2
.62
.50
.35
.46
Fertilize
3
Aug
1
.25
.20
-
-
Plant
2,12 Aug
1
.38
.30
.13
.51
2.00
1.60
$ .80
$ 1.74
To t a l
$
.32
$
.77
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
$ 3.12
$ 5.00
Postplant
Sep-Oct
2
.38*
4.68
7.50
.63*
$ 7.80
$12.50
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches at
each postplant.
"**S
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
A L FA L FA , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 0 5 11 2
Estimated Costs And Returns Per Acre Of Alfalfa, High Level Management
I_t■e_m.
J0p*\
i i U n i -t ^
P_ r i c e . , . o r
1. Gross receipts, from production:
Alfalfa
ton
$
.Q
. .u. a n t iVt ay l u e
or
._
_ -. .
Cost/Unit
n
'
Cost
20.00
8.5
$170.00
2. Variable Costs:
Fertilizer
(0-120-60)
ac.
13.80
1
$
13.80
Tractor
(3)
hr.
.63
.2
.13
Labor,
Tractor
&
Machinery
hr.
2.00
.3
.60
Labor
Irrigation
hr.
2.00
2.1
4.20
Irrigation
Machinery
ac.
in.
.78
33
25.74
Interest
on
Op.
Cap.
mo.
.085
6
1.89
Total Variable Costs
$ 46.36
3. Income Above Variable Costs
$123.64
4. Fixed Costs:
Tractor (3)
Irrigation
Land Charge
Establishment Cost 1/
To t a l
5.
6.
h r.
ac.
ac.
Fixed
Returns
33
1
1
1.25
9.50
11.19
Costs
To t a l
Net
.72
ac. in.
.2
$
Management
.14
41.25
9.50
11.19
62.08
Costs
to
$
$108.44
$
61.56
Jp*\
1/ Based on stand lasting seven years.
New 1972
Olv-lopeo
by
Extension
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 .
»
t:.N.|H*iaiivc Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
AKiiniliuu- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO fi
A L FA L FA , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 0 5 111
Estimated Costs, And Requirements Per Acre Of Alfalfa, High Level Management
Operation
Labor
Fuel,
Item _>
_ _ Ti m e s „ Hou"
_ _ . Tr a£ch!°£rs!
c t o r o r . .L«b.
,_ '
Date
Over
No.
Per
(1)
Fertilize
Mar
Irrigation: (2)
M a r - S e p 11 2 . 0 8 *
.25
Oil,
«Rep.
_ _ ' F i x'^rAcre'
ed costs
Acre
.20
$25.74
$41.25
" ^ \
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation natural gas pumping unit and 3 acre-inches at each irrigation.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home Kwrnomfci. 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
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS III 03006122
Estimated Costs And Returns Per Acre Of Alfalfa Establishment, Typical Management
1. No Income
2. Variable Costs:
Seed
lb.
$
.50
22
$
Fertilizer
(20-100-0)
ac.
10.60
1
Machinery
ac.
.80
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.3
Tractor
(3)
hr.
.63
.2
Labor,
Tractor
&
Machinery
hr.
2.00
2
Labor
Irrigation
hr.
2.00
.6
Irrigation
Machinery
ac.
in.
.78
10
Interest
on
Op.
Cap.
mo.
.085
6
Total Variable Costs
$ 39.17
3. Income Above Variable Costs
0^
$(39.17)
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
To t a l
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
5.
[tevELOPeo
Cost
by
Extension
1.74
1.72
1.19
1
1.1
.3
.2
10
1
.72
1.25
20.00
Costs
To t a l
Net
11 . 0 0
10.60
.80
1.63
.41
.13
4.00
1.20
7.80
1.60
Costs
of
$
Economists-Management,
TA E S ,
.36
.14
12.50
20.00
36.63
$
Establishment
$ 1.74
1.89
75.80
$
TA M U .
75.80
W*
<:«M.,K-,.,.m. Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AK.u-..lim«. cooperat.ng. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, an^ June 30. To.4
A ECO 6
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS III
Estimated Costs, And Requirements Per Acre
Of Alfalfa Establishment, Typical Management
03006121
operation
Labor
Fuel,
Oil,
,
Item n-,.0 Times Hftlira Tractor or L h -^ Fixed costs
No. Date Over H°£8 Mach. Hrs. L£;»A^' Per Acre
Moldboard
1,6,15 Jul
1
.75
.60
Tandem Disk
1,5
Aug
2
.62
Fertilize
3
Aug
1
Plant
2,12 Aug
1
To t a l
.32
$ .77
.50
.35
.46
.25
.20
-
.38
.30
.13
.51
2.00
1.60
$ .80
$ 1.74
$
^
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
$ 3.12
$ 5.00
Postplant
Sep-Nov
2
.38*
4.68
7.50
.63*
$ 7.80
$12.50
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 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 Acta of Congress of May 8. 1914. aa amended, and June SO, 1914.
AECO 6
ALFALFA. IRRIGATED. HIGH PLAINS III 03005122
Estiniated Costs And Returns Per Acre Of Alfalfa, Typical Management
^it
1. Gross receipts, from production:
Alfalfa
ton
$
™?"
Quantity
*.!«
or"
Cost/Unit xu-Ufclty Cost
20.00
2. Variable Costs:
Fertilizer
(0-80-40)
ac.
9.20
Tractor
(3)
hr.
.63
Labor, Tractor & Machinery hr. 2.00
Labor
Irrigation
hr.
2.00
Irrigation Machinery ac. in. .78
Interest
on
Op.
Cap.
mo.
.085
6.5
$130.00
1
.2
.3
1.5
24
6
Total Variable Costs
$ 33.00
3. Income Above Variable Costs
4. Fixed Costs:
Tractor
(3)
Irrigation
ac.
Land
Charge
Establishment Cost
$ 9.20
.13
.60
3.00
18.72
1.35
$ 97.00
hr.
in.
ac.
1/ ac.
Total Fixed Costs
.72
1.25
8.50
10.83
24
1
1
.2
$ .14
30.00
8.50
10.83
$ 49.47
5. Total Costs
$ 82.47
6. Net Returns to Management
$ 47.53
1/ Based on stand remaining seven years.
U i . v s l o p - 0 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
<.«M.,H-.aim. Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AK.....lt...r cooperat.ng. D.str.buted in furtherance of the Act, of Congress ot May 8. 1914, as amended, ami JuSe SO. WI4
AECO f>
A L FA L FA , I R R I G AT E D . H I G H P L A I N S I I I 0 3 0 0 5 1 2 1
Estimated Costs, And Requirements Per Acre Of Alfalfa, Typical Management
operation
Labor ___ Fuel, Oil,
™
^
T
H
o
u
r
" -N oD. aOt ev e r« ^( -1 ) - M
o sua rcEshX.^JgH"- rS
* s^* . LLpuueb b
r. , . A'R.cer pR
e, e p ' .
Fertilize
3
Irrigation:
(2)
Mar
1
Mar-Sep
.25
8
*%?£?'
.20
1.51*
-
$18.72
$30.00
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, and 3 acre-inches at each irrigation.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home -Uxmornks, 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
^
C O R N F O R G R A I N , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 6 0 11 2
Estimated Costs And Returns Per Acre Of Corn For Grain, High Level Management
ipN
Ii t_e m
ii
U n• _i t.
P_r i c e
_ .u a n t V
or
. . .o r
_/ _ . * . _ Q
i t ay l u e
Cost/Unit
x
7
Cost
1. Gross receipts, from production:
Corn
bu.
$
1.15
140
$161.00
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.30
18
$
Insecticide
ac.
3.50
1
Fertilizer(160-60-0)
ac.
11 . 8 0
1
Herbicide
ac.
6.75
1
Machinery
ac.
2.50
1
Tractor
(1)
hr.
1.48
1.6
Tractor
(2)
hr.
1.38
1
Labor,
Tractor
&
Machinery
hr.
2.00
3.3
Labor,
Irrigation
hr.
2.00
2.7
Irrigation
Machinery
ac.
in.
.46
22
Crop
Insurance
$100
8.31
.8
Interest
on
Op.
Cap.
mo.
.085
4
Subtotal, Pre-Harvest
5.40
3.50
11 . 8 0
6.75
2.50
2.37
1.38
6.60
5.40
10.12
6.65
1.77
$ 64.24
Harvest:
Custom combine & haul
$ 28.00
bu.
.20
140
$ 92.24
Total Variable Costs
$ 68.76
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge (rent)
To t a l
ac. in.
Returns
.81
13.48
Costs
To t a l
Net
1
1.6
1
22
1
4.40
1.72
1.19
ac.
Fixed
5.
6.
ac.
h r.
h r.
$
$
39.64
Costs
to
4.40
2.75
1.19
17.82
13.48
$131.88
Management
$
29.12
7. Government Payment ($.32/bu. x yield x h allotment less rent)l/ $ 16.80
8.
Net
Return
Including
Government
Payment
$
45.92
1/ Based on planted acres. No allowance is made for set-aside acreage of 20 percent,
Assumes planting 100 percent of the allotment.
D i . 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
<:nnpeialive Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AKi,(.,U.ih- (CKijKrating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
A ECO fi
CORN FOR GRAIN, IRRIGATED, HIGH PLAINS III
03060111
Estimated Costs, And Requirements Per Acre Of Corn For Grain. High Level Management
Labor
Fuel,
Oil,
_
_
/g^
T
i
m
e
s
H
f
m
i
r
n
T
r
a
c
t
o
r
o
r
.
^
F
i
x
e
d
c
o
s
t
s
^ %J
Item
H
°
"
*
8
M
a
c
t
a
.
H
r
s
.
"
»
•
•
■
«
?
•
P
e
r
A
c
r
e
Date
Operation
Over
No.
(1)
Per
Acre
Shred & Disc
1,4,5
Dec
1
.41
.33
$ .40
$ .62
Tandem Disc
2,5
Dec
1
.31
.25
.18
.23
Chisel, Harrow
1,7
Jan
1
.31
.25
.32
.78
Tandem Disc
1,5
Feb
1
.31
.25
.18
.23
Float
2,10
Mar
2
.38
.30
.10
.57
L i s t & F e r t i l i z e 1,9
Mar
1
.38
.30
.38
.62
Cultivate
2,13
Apr
1
.19
.15
.14
.18
Plant & Inc.
Herbicide
1,8,9
Apr
1
.41
.33
.51
.79
Cultivate
2,13
May
2
.38
.30
.28
.36
Water furrow
1,16
May-Jun
1
.19
.15
.01
.02
3.27
2.61
$ 2.50
$ 4.40
To t a l
r i g a t i o n : (2)
Preplant
Mar
1
.74*
$ 2.76
$ 4.86
Postplant
Jun-Aug
4
1.97*
7.36
12.96
2.71*
$10.12
$17.82
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 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 Wort 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
s**\
CORN FOR GRAIN, IRRIGATED, HIGH PLAINS III 03060122
Estimated Costs And Returns Per Acre Of Corn For Grain, Typical Management
__^»
i. __. Price or n ...
Cost/Unit
Quantlty
Unlt
1. Gross receipts, from production:
Corn
bu.
$
1.15
100
Va l u e o r
Cost
$ 11 5 . 0 0
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.30
18
$
Insecticide
ac.
3.50
1
Fertilizer
(80-40-0)
ac.
6.80
1
Herbicide
ac.
6.75
1
Machinery
ac.
2.36
1
Tractor
(1)
hr.
1.48
1.6
Tractor
(2)
hr.
1.38
.9
Labor,
Tractor
&
Machinery
hr.
2.00
3.1
Labor
Irrigation
hr.
2.00
2.2
Irrigation
Machinery
ac.
in.
.46
18
Crop
Insurance
$100
8.31
.6
Interest
on
Op.
Cap.
mo.
.085
4
Subtotal, Pre-Harvest
5.40
3.50
6.80
6.75
2.36
2.37
1.24
6.20
4.40
8.28
4.99
1.48
$ 53.77
Harvest:
Custom Combine and Haul
$ 20.00
bu.
100
.20
Total Variable Costs
$ 73.77
3. Income Above Variable Costs
$ 41.23
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge (rent)
To t a l
Fixed
5.
6.
ac.
h r.
h r.
ac. in.
ac.
Returns
1
1.,6
«9
18
1
Costs
To t a l
Net
4.22
1.72
1.19
.81
7.83
$
30.45
Costs
to
$ 4.22
2.75
1.07
14.58
7.83
$104.22
Management
$
10.78
7. Government Payment ($.32/bu. x yield x h of allotment less rent)!./ $ 12.00
8.
Net
Return
Including
Government
Payment
$
22.78
1/ Based on planted acres. No allowance is made for set-aside acreage of 20
percent. Assumes planting 100 percent of allotment.
O c v e i . 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
<:.M.|H-.:iiiv<- Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
Ag.Milium- ".operating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30, 1914.
A ECO 6
CORN FOR GRAIN, IRRIGATED, HIGH PLAINS III 03060121
Estimated Costs, And Requirements Per Acre Of Corn For Grain, Typical Management
Operation
Labor m Fuel, Oil, __.__ .
I t e m n a t . _ T i m e s H o i i r fl T r a c t o r o r , . R F i x e d c o s t s
N o . D a t e O v e r H ™ * 8 M a c h . H r s . L « b - » R e P - Per
p - Acre
l,™
(1)
Per
Acre
Shred & Disc
1,4,5 Dec
1
.41
.33
$ .40
$ .62
Tandem Disc
2,5
Dec
1
.31
.25
.18
.23
Jan
1
.31
.25
.32
.78
Chisel, Harrow 1,7
Tandem Disc
1,5
Feb
1
.31
.25
.18
.23
Float
2,10 Mar
2
.38
.30
.10
.57
Mar
1
.38
.30
.38
.62
Cultivate
2,13 Apr
1
.19
.15
.14
.18
Plant & Inc.
Herbicide
1,8,9 Apr
1
.41
.33
.51
.79
Cultivate
2,13 May
1
.19
.15
.14
.18
Water Furrow
1,16 May
1
.19
.15
.01
.02
3.08
2.46
$ 2.36
$ 4.22
.74*
$ 2.76
$ 4.86
1.48*
5.52
9.72
2.22*
$ 8.28
$14.58
List & Fertilize 1,9
To t a l
Irrigation: (2)
Preplant
Mar
Postplant
May-Aug
Total
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 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 Wort 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
CORN FOR SILAGE, IRRIGATED, HIGH PLAINS III 03065112
Estimated Costs And Returns Per Acre Of Corn For Silage, High Level Management
Item
Unit
■■. . _/ t„ _. ,u. . P r i c e Qour a _
n -t .i t _y , _ . _ _ _ V a l u e_ .o r
Cost/Unit
'
Cost
_
1. Gross receipts, from production:
ton
Silage
$
5.50
27
$148.50
2 . Va r i a b l e C o s t s :
Seed
lb.
.30
25
$
Insecticide
ac.
3.50
1
Fertilizer
(210-60-0)
ac.
13.80
1
Herbicide
ac.
6.75
Machinery
ac.
2.50
1
Tractor
(1)
hr.
1.48
1.6
Tractor
(2)
hr.
1.38
1
Labor,
Tractor
&
Machinery
hr.
2.00
3.3
Labor
Irrigation
hr.
2.00
2.7
Irrigation
Machinery
ac.
in.
.46
22
Crop
Insurance
$100
8.31
.7
Interest
on
Op.
Cap.
mo.
.085
4
Total Variable Costs
$ 67.61
3. Income Above Variable Costs
( j ^
$ 80.89
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge (rent)
To t a l
6.
ac.
h r.
h r.
ac. in.
ac.
Fixed
5.
Returns
4.40
1.72
1.19
.81
16.85
1
1.6
1
22
1
Costs
To t a l
Net
7.50
3.50
13.80
6.75
2.50
2.37
1.38
6.60
5.40
10.12
5.82
1.87
$ 4.40
2.75
1.19
17.82
16.85
$
43.01
Costs
to
$ 11 0 . 6 2
Management
$
37.88
7. Government Payment ($.32/bu. x yield x h allotment less rent)]./ $ 16.80
8.
Net
Return
Including
Government
Payment
$
54.68
1/ Based on planted acres. No allowance is made for set-aside acreage of 20
percent. Assumes planting 100 percent of the allotment.
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
( oi.|H-.:iiiv«- Extension Work in Agriculture and Home Economics, Texas A&M University and the United Stales Department of
Akin ilium- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June SO, 1914.
AECO 6
CORN FOR SILAGE, IRRIGATED, HIGH PLAINS III
03065111
Estimated Costs, And Requirements Per Acre
Of Corn For Silage, High Level Management
Labor
_,
Fuel,
Oil,
Item
n
i l T.Maa cThr .a cHt o
D-a*t.e- T
Oivmeer s HH
™r *t 8
r sr . oLr " b, , \.R ej ^p "F iPxeerd Accor se t s
No.
(1)
Per
Acre
Operation
Shred & Disc 1,4,5 Dec
1
.41
.33
$ .40
Ta n d e m D i s c 2 , 5 D e c
1
.31
.25
.18
.23
Chisel, Harrow 1,7 Jan
1
.31
.25
.32
.78
Ta n d e m D i s c 1 , 5 F e b
1
.31
.25
.18
.23
Float
Mar
2
.38
.30
.10
.57
List & Fertilize 1,9 Mar
1
.38
.30
.38
.62
Cultivate
2,13
Apr
1
.19
.15
.14
.18
Plant & Inc.
Herbicide
1,8,9
Apr
1
.41
.33
.51
.79
May
2
.38
.30
.28
.36
Water Furrow 1,16 May
1
.19
.15
.01
.02
3.27
2.61
$ 2.50
$ 4.40
Cultivate
2,10
2,13
To t a l
$ .62 .
I r r i g a t i o n : (2)
Preplant
Mar
1
.74*
$ 2.76
$ 4.86
Postplant
May-Aug
4
1.97*
7.36
12.96
2.71*
$10.12
$17.82
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 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 Wort 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
^
\
CORN FOR SILAGE, IRRIGATED, HIGH PLAINS III 03065122
Estimated Costs And Returns Per Acre Of Corn For Silage, Typical Management
ltcm
iC
. o .s. t. /. U nPi rt i c e
Unit
1. Gross receipts, from production:
Silage
ton
$
5.50
o r Qr«t a n. ." .t y V a l u e ^o r
20
$ 11 0 . 0 0
2 . Va r i a b l e C o s t s :
Seed
lb.
.30
23
$
Insecticide
ac.
3.50
1
Fertilizer
(180-60-0)
ac.
12.60
1
Herbicide
ac.
6.75
1
Machinery
ac.
2.36
1
Tractor
(1)
hr.
1.48
1.6
Tractor
(2)
hr.
1.38
.9
Labor,
Tractor
&
Machinery
hr.
2.00
3.1
Labor
Irrigation
hr.
2.00
2.2
Irrigation
Machinery
ac.
in.
.46
18
Crop
Insurance
$100
8.31
.6
Interest
on
Op.
Cap.
mo.
.085
4
Total Variable Costs
$ 61.28
3. Income Above Variable Costs
$ 48.72
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge (rent)
To t a l
6.
ac.
h r.
h r.
ac. in.
ac.
Fixed
5.
To t a l
Net
4.22
1.72
1.19
.81
10.13
1
1.6
.9
18
1
Costs
Costs
Returns
6.90
3.50
12.60
6.75
2.36
2.37
1.24
6.20
4.40
8.28
4.99
1.69
to
$ 4.22
2.75
1.07
14.58
10.13
$
32.75
$
Management
94.03
$
15.97
7. Government Payment ($.32/bu. x yield x \ allotment less rent)l/ $ 12.00
8.
Net
Return
Including
Government
Payment
$
27.97
J ^ \
1/ Based on planted acres. No allowance is made for set-aside acreage of 20
percent. Assumes planting 100 percent of the allotment.
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.|x-iaiivc Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
AgiMtiliim- cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June 30, 1914.
A ECO fi
CORN FOR SILAGE, IRRIGATED, HIGH PLAINS III
Estimated Costs, And Requirements Per Acre
Of Corn For Silage, Typical Management
Times
Over
Labor
Hours
(1)
Tr a c t o r o r
Mach. Hrs.
03065121
Fuel, Oil,
Lub., Rep.
Per Acre
Fixed costs
Per Acre
Operation
Item
No.
Shred & Disc
1,4,5 Dec
.41
.33
$ .40
$ .62
Tandem Disc
2,5
Dec
.31
.25
.18
.23
Chisel, Harrow 1,7
Jan
.31
.25
.32
.78
Tandem Disc
1,5
Feb
.31
.25
.18
.23
Float
2,10 Mar
.38
.30
.10
.57
Mar
.38
.30
.38
.62
Cultivate
2,13 Apr
.19
.15
.14
.18
Plant & Inc.
Herbicide
1,8,9 Apr
.41
.33
.51
.79
Cultivate
2,13 May
.19
.15
.14
.18
Water Furrow
1,16 May-Jun
.19
.15
.01
.02
3.08
2.46
$ 2.36
$ 4.22
List & Fertilize 1,9
Date
To t a l
/"*^
^^\
I r r i g a t i o n : (2)
Preplant
Mar
1
.74*
$ 2.76
$ 4.86
Postplant
Jun-Aug
3
1.48*
5.52
9.72
2.22*
$ 8.28
$14.58
To t a l
(1) Labor hours calculated at 1.25 tiftes tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, furrow
irrigation, natural gas pumping unit, 6 acre-inches preplant and 4 acre-inches ^_^.
at
each
postplant.
,
1
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
C O T T O N , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 7 5 11 2
Estimated Costs And Returns Per Acre Of Cotton, High Level Management
item
1.
2.
Gross receipts, from production:
Cotton lint
Cotton seed
To t a l
Variable Costs:
Pre-Harvest:
Seed
Fertilizer (60-40-0)
Herbicide
Insecticide
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Strip
Strip Labor
Ginning
Subtotal, Harvest
Unit
lb.
ton
lb.
ac.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
h r.
ac. in.
$100
mo.
ac.
h r.
bale
Price or
Cost/Unit
Quantity
$
750
.20
60.00
.21
6.00
4.19
2.50
2.44
1.48
1.38
.63
2.00
2.00
.78
13.38
.085
1.82
2.00
21.50
.6
Value or
Cost
$150.00
36.00
$186.00
30
1
1
1
1
1.3
1.2
.1
3.3
.8
13
.9
4
$ 6.30
6.00
4.19
2.50
2.44
1.92
1.66
1
1
1.5
$ 1.82
2.00
32.25
$ 36.07
.06
6.60
1.60
10.14
12.04
1.57
$ 57.02
Total Variable Costs
$ 93.09
Income Above Variable Costs
$ 92.91
Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
ac.
h r.
h r.
h r.
ac.
ac.
9.58
1.72
1.19
.72
16.25
22.27
1
1.3
1.2
.1
1
1
$ 9.58
2.24
1.43
.07
16.25
22.27
Total Fixed Costs
$ 51.84
Total Costs
$144.93
Net Returns to Management
$ 41.07
Government Payment ($.15/lb x yield less rent)l/
$ 84.37
Net Return Including Government Payment
$125.44
1/ Based on planted acres. No allowance is made for set-aside 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
<:«.«.|K-.aiive Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agin ilium? cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
A ECO 6
C O T T O N , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 7 5 111
Estimated Costs, And Requirements Per Acre Of Cotton, High Level Management
Operation
Labor
_,
Fuel,
Oil,
Item nal._ Times Ho„_. Tractor or , . -^ Fixed costs
No. Date Over H^8 Mach. Hrs. w*.fHep. Per Acre
(1)
Per
Acre
Shred & Disc
1,4,5 Dec
Moldboard
1,6,15 Jan
Chisel
2.7
Jan.
Tandem Disc
1,5
Feb
Apply & Inc.
Herbicide
2,5,8 Mar
1
.41
.33
$ .40
$ .62
.5
.38
.30
.16
.39
.5
.16
.13
.06
.07
1
.31
.25
.18
.23
2
.69
.55
.47
.60
Mar
1
.38
.30
.38
.62
Cultivate
2.13 May
1
.19
.15
.14
.18
Plant
2 , 11 M a y
1.5
.47
.38
.49
.78
Sandfight
3.14 Jun
2
.12
.10
.02
.02
Cultivate
1,13 Jun
1
.19
.15
.14
.18
3.30
2.64
$ 2.44
$ 3.69
.50
$ 1.82
$ 5.89
List & Fertilize 1 . 8
To t a l
18,▶19
Nov
1
1.00*
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
Jun-Aug
3
.57*
7.02
11.25
.82*
$10.14
$16.25
Strip
I r r i g a t i o n : (2)
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at
each
postplant.
^^\
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home Econcmtcs. Texas ASM 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
C O T T O N , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 7 5 1 2 2
Estimated Costs And Returns Per Acre Of Cotton, Typical Management
Item
1.
Gross receipts, from production:
Cotton Lint
Cotton Seed
To t a l
Variable Costs:
Pre-Harvest:
Seed
Fertilizer (60-40-0)
Herbicide
Insecticide
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Strip Machinery
Strip Labor
Ginning
Subtotal, Harvest
Unit
Price or
Cost/Unit
Quantity
lb.
ton
$
600
.20
60.00
.5
Value or
Cost
$120.00
30.00
$150.00
lb.
ac .
ac.
ac.
ac.
h r.
h r.
h r.
h r.
h r.
ac. in.
$100
mo.
.21
6.00
4.19
2.50
2.53
1.48
1.38
.63
2.00
2.00
.78
13.28
.085
30
1
1
1
1
1.7
1
.4
3.9
.8
13
.8
4
6.30
6.00
4.19
2.50
2.53
2.52
1.38
.25
7.80
1.60
10.14
10.62
1.58
$ 57.41
ac.
h r.
1.82
2.00
21.50
1
1
1.2
$ 1.82
2.00
25.80
$ 29.62
bale
Total Variable Costs
$ 87.03
Income Above Variable Costs
$ 62.97
Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge (rent)
ac.
h r.
h r.
h r.
ac. in.
ac.
9.79
1.72
1.19
.72
1.25
14.87
1
1.7
1
.4
13
1
$ 9.79
2.92
1.19
.29
16.25
14.87
Total Fixed Costs
$ 45.31
Total Costs
$132.34
Net Returns to Management
$ 17.66
Government Payment ($.15/lb. x yield less rent)l/
$ 67.50
Net Return Including Government Payment
$ 85.16
1/ Based on planted acres. No allowance is made for set aside-acreage of 20%.
D i . 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
<:o..,H-i:.iiv<- Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AKiiiiiltiiif cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
A ECO 6
C O T T O N . I R R I G AT E D . H I G H P L A I N S I I I 0 3 0 7 5 1 2 1
Estimated Costs, And Requirements Per Acre Of Cotton, Typical Management
Operation
Labor
Fuel,
Oil,
Item n«_«-__ Ti m e s U r tl .- o Tr a c to r o r , . « _ _ _ , Fi x e d c o s ts
N o . D a t e O v e r H ° " ™ M a c h . H r s . L " b " * * * - Per
* — Acre
a—
(1)
Per
Acre
Shred & Disc
1,4,5
Moldboard
1,6,15 Jan
Chisel
2,7
Jan
Tandem Disc
1,5
Feb
Fertilize
3
Tandem Disc
Dec
1
.41
.33
.75
.56
.25
.40
$ .62
.45
.24
.58
.08
.06
.03
.04
1
.31
.25
.18
.23
Mar
1
.35
.28
-
1,5
Mar
1
.31
.25
.18
.23
Apply & Inc.
Herbicide
2,5,8
Mar
2
.69
.55
.47
.60
List
1,9
Apr
1
.38
.30
.38
.62
Plant
2,11
May
1.50
.47
.38
.49
.78
Sandfight
3,14
Jun
2
.12
.10
.02
.02
Cultivate
1,13
Jun
1
.19
.15
.14
.18
3.87
3.10
$ 2.53
$ 3.90
.50
$ 1.82
$ 5.89
To t a l
Strip
18,19
$
Nov
1
1.00*
Apr
1
.25*
$ 3.12
$ 5.00
3
.57*
7.02
11.25
.82*
$10.14
$16.25
^
\
Irrigation: (2)
Preplant
Postplant
To t a l
Jun-Aug
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches at.*^
each
postplant.
\
Developed by Extension Economists-Management., TAES, TAMU.
Cooperative Extension Wort 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
COTTON, DRYLAND, HIGH PLAINS III 03075212
Estimated Costs And Returns Per Acre Of Cotton, High Level Management
Item
1.
2.
Gross receipts, from production:
Lint
Cottonseed
To t a l
Variable Costs:
Pre-Harvest
Seed
Fertilizer (20-20-0)
Herbicide
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Strip Labor
Machinery
Ginning
Subtotal, Harvest
Unit
lb.
ton
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
$100
mo.
Price or
Cost/Unit
«-**. Vac„Vr
$
375 $
.3
.20
60.00
.21
2.60
3.50
1.60
1.48
1.38
.63
2.00
11.27
.085
18
1
1
1
1
75.00
18.00
$ 93.00
$ 3.78
2.60
3.50
1.60
1.48
.5
.3
2.1
.5
4
.69
.19
4.20
5.63
.67
$ 24.34
h r.
ac.
bale
2.00
1.82
21.50
1
1
.8
Total Variable Costs
$ 45.36
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
ac
.
Tractor
(1)
hr.
Tractor
(2)
hr.
Tractor
(3)
hr.
Land
Charge
(rent)
ac.
$ 2.00
1.82
17.20
$ 21.02
$ 47.64
8.20
1.72
1.19
.72
16.47
Total Fixed Costs
1
1
1
.5
.3
$ 8.20
1.72
.60
.22
16.47
$ 27.21
5 . To t a l C o s t s
$ 72.57
6. Net Returns to Management
$ 20.43
7. Government Payment ($.15/lb x yield less rent) 17
$ 42.19
8. Net Return Including Government Payment
$ 62.62
1/ Based on planted acres. No allowance is made for required set-aside acreage
of 20 percent.
O l 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
<:.M.,H-,aiiv«- Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales DcpartmenTof
Aki..ilium- «K.jH.ratmg. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
C O T T O N , D R Y L A N D . H I G H P L A I N S I I I 0 3 0 7 5 2 11
Estimated Costs, And Requirements Per Acre Of Cotton, High Level Management
Operation
Labor
__
Fuel,
Oil,
Item Date Times Hourr Tractor or . . „._ Fixed costs
Mach. Hrs. L"b••**** Per Acre
Per Acre
Shred & Disc
1,4,5
Dec
1
.41
.33
$ .40
$ .62
Chisel
1,7
Feb
1
.31
.25
.11
.14
L i s t & F e r t i l i z e 2,9
Mar
1.25
.47
.38
.48
.62
Cultivate
2,13
Apr
.50
.10
.08
.07
.09
Plant
1,9
May
1.50
.46
.37
.47
.76
Spray Herbicide
3,8
Jun
1
.25
.20
.05
.06
Sandfight
2,3,14 Jun
2
.13
.10
.02
.02
2.13
1.71
$ 1.60
$ 2.31
.50
$ 1.82
$ 5.89
To t a l
Strip
18,19 Nov
1.00*
^
\
^
\
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
^
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
COTTON, DRYLAND, HIGH PLAINS III 03075222
Estimated Costs And Returns Per Acre Of Cotton, Typical Management
Item
1.
Unit
_
Gross receipts, from piroduction:
Lint
Cottonseed
Total
. . . _. ._. .
lb.
ton
2. Variable Costs:
Pre-Harvest:
Seed
Herbicide
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Strip Labor
Machinery
Ginning
Subtotal, Harvest
P r i. c. e o rQ un a n. .t .i t yV a l u e o r
Cost/Unit
Cost
$ .20
60.00
300 $
.2
lb.
ac.
ac.
h r.
h r.
h r.
h r.
$100
mo.
.21
3.50
1.80
1.48
1.38
.63
2.00
11.27
.085
18
1
1
1.3
.2
.3
2.1
.4
4
$ 3.78
3.50
1.80
1.92
.28
.19
4.20
4.51
.57
$ 20.75
h r.
ac.
bale
2.00
1.82
21.50
1
1
$ 2.00
1.82
12.90
$ 16.72
.6
Total Variable Costs
$ 37.47
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
(1)
Tractor
(2)
Tractor
(3)
Land
Charge
60.00
12.00
$ 72.00
$ 34.53
ac.
hr.
hr.
hr.
ac.
8.20
1.72
1.19
.72
15.94
Total Fixed Costs
1
1.3
.2
.3
1
$ 8.20
2.24
.24
.22
15.94
$ 26.84
5. Total Costs
$ 64.31
6. Net Returns to Management
$ 7.69
7. Government Payment ($.15/lb x yield less rent)l/
$ 33.75
8. Net Return Including Government Payment
$ 41.44
1/ Based on planted acres. No allowance is 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
< .M.|K-i:itiv»- Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
AKiiniltim- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
COTTON. DRYLAND. HIGH PLAINS III 03075221
Estimated Costs, And Requirements Per Acre Of Cotton, Typical Management
operation
^
Shred
Disc
&
Chisel
List
££8
Plant
Spray
11
.31. 3 1
.25 . 2 5
Mar
1.25
.471 . 2 5
.38. 4 7
To t a l
18,19
1,9
Apr
1.41 . 4 1 .33
.33
.50. 5 0 .10
11.50
.50
May
3,8
1 J u n .25 1
2,3,14
J u n2
2 .13
2.13
1.71
$
2.13
Nov
1
. 1 0.08
.46 . 4 6
1.00*
.08
.37 . 3 7
. 1 3.10
.48
1.60
1.71
.62
.14
.62
.07 . 0 7
.09
.47. 4 7
.76
. 2 0 .05 . 0 5
.10
$
$
.11. 1 1
. 3 8.48
costs
Per Acre
$$ . 4. 04 0
..20
25
.50
Oil,
»_> Fixed
Pe^Acre'
Feb
Herbicide
S a n d fi g h t
gg^S^.
D1e c
2,13
1,9
Hours
Fuel,
or , _.
1,4,5
Fertilize
Cultivate
Strip
Date
1,7
&
Labor
.. Tractor
Tf«»tn Times
.02 . 0 2
$ 1.60$
1.82
.06
.02
2.31
$
5.89
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
^
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home l-conomlcs, Texas ASM 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
\
FORAGE SORGHUM FOR GRAZING, IRRIGATED, HIGH PLAINS III 03085112
Estimated Costs And Returns Per Acre Of
Forage Sorghum For Grazing, High Level Management
rI t* e- _m_ - .
UI n. -i .t 4 . .
_ P r i c e. „
1. Gross receipts, from production:
Grazing
AUM
$
or . n
or
Q. u. .a n t iVt ay l u e
Cost/Unit
^
J
Cost
12.00
6
$
72.00
2. Variable Costs:
Seed
lb.
.20
6
$
1.20
Fertilizer
(180-60-0)
ac.
12.60
1
12.60
Machinery
ac.
1.53
1
1.53
Tractor
(1)
hr.
1.48
1.4
2.07
Tractor
(2)
hr.
1.38
.5
.69
Tractor
(3)
hr.
.63
.1
.06
Labor,
Tractor
&
Machinery
hr.
2.00
2.4
4.80
Labor
Irrigation
hr.
2.00
.8
1.60
Irrigation
Machinery
ac.
in.
.78
13
10.14
Interest
on
Op.
Cap.
mo.
.085
4
.98
Total Variable Costs
$ 35.67
3. Income Above Variable Costs
$ 36.33
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
To t a l
5.
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
To t a l
Net
Returns
2.57
1.72
1.19
.72
1.25
6.80
1
1.4
.5
.1
13
1
Costs
Costs
to
$
28.70
$
Management
$ 2.57
2.41
.60
.07
16.25
6.80
64.37
$
7.63
Jp*\
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
<:.M.,K-.;,.iv.- Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
AK.....H...C «H.perau„g. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended! and June 30.^14
A ECO 6
FORAGE SORGHUM FOR GRAZING. IRRIGATED. HI(3H PLAINS III
Estimated Costs, And Requirements Per Acre
Of Forage Sorghum For Grazing, High Level Management
Times
Over
03085111
Labor
Fuel,
Oil,
_.
.
h a™. ."^ oM a
T cr ahc. t oHr r so.r ^, - .. t e«P„ - FPi xeerd Accor set s
H
(1)
Per
Acre
operation
Item
No.
Shred & Disc
1,4,5 Dec
.41
.31
$ .40
$ .62
Moldboard
1,6,15 Feb
.75
.60
.32
.77
Tandem Disc
2,5
Feb
.31
.25
.18
.23
Mar
.38
.30
.38
.62
Cultivate
1.13 Apr
.19
.15
.14
.18
Plant
2 , 11 M a y
.31
.25
.10
.14
Sandfight
3.14 May
.06
.05
.01
.01
2.41
1.91
$ 1.53
$ 2.57
List & Fertilize 1,9
Date
To t a l
^S
Irrigation: (2)
Preplant
Mar
1
.25*
$ 3.12
$ 5.00
Postplant
May-Aug
3
.57*
7.02
11.25
.82*
$10.14
$16.25
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches at
each
postplant.
/^S
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
FORAGE SORGHUM FOR GRAZING, IRRIGATED, HIGH PLAINS III 03085122
Estimated Costs And Returns Per Acre Of
Forage Sorghum For Grazing, Typical Management
Ucm
• io s_ t_/ .U P
l uoeg to r
C
n ri ti c e o r /Q%^«t .l .t _y ■ . _ . V a C
Unit
1. Gross receipts, from production:
Grazing
AUM
$
12.00
4.5
$
2 . Va r i a b l e C o s t s :
Seed
lb.
.20
6
$
Fertilizer
ac.
8.80
1
Machinery
ac.
1.57
1
Tractor
(1)
hr.
1.48
1.2
Tractor
(2)
hr.
1.38
.8
Tractor
(3)
hr.
.63
.3
Labor,
Tractor
&
Machinery
hr.
2.00
2.7
Labor
Irrigation
hr.
2.00
.8
Irrigation
Machinery
ac.
in.
.78
13
Interest
on
Op.
Cap.
mo.
.085
4
Total Variable Costs
$ 21.32
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
5.
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
To t a l
Net
Returns
1.20
8.80
1.57
1.78
1.10
.19
5.40
1.60
10.14
.90
$ 32.68
3. Income Above Variable Costs
To t a l
54.00
2.62
1.72
1.19
.72
1.25
2.07
1
1.2
.8
.3
13
1
Costs
Costs
to
$
24.17
$
Management
$ 2.62
2.06
.95
.22
16.25
2.07
56.85
$
(2.85)
jj^s
D i . 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
<:.K.,K-iativ«- Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Aginnltim- 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 III
Estimated Costs, And Requirements Per Acre
Of Forage Sorghum For Grazing, Typical Management
03085121
operation
Labor
Fuel, Oil,
I t e m „ Dat
, _ _ T i m e s h "louri
™ Tractor or TT
"' 1 9 Fixed costs
N r t D a t e O v e r ^ f 8 M a c h . H r s . L « «_ub.,
> . , RRep
ep. Per Acre
No.
Per Acre
(1)
Shred & Disc
1,4,5
Dec
.41
.33
$ .40
$ .62
Moldboard
1,6,15 Feb
.75
.60
.32
.77
Tandem Disc
2,5
Feb
.31
.25
.18
.23
Fertilize
3
Mar
.31
.25
Tandem Disc
2,5
Mar
.31
.25
.18
.23
List
1,9
Apr
.25
.20
.38
.62
Plant
2,11
May
.31
.25
.10
.14
Sandfight
3,14
May
.06
.05
.01
.01
2.71
2.18
$ 1.57
$ 2.62
To t a l
^ * \
Irrigation: (2)
Preplant
Mar
1
.25*
$ 3.12
$ 5.00
Postplant
May-Aug 3
.57*
7.02
11.25
.82*
$10.14
$16.25
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at
each
postplant.
^^\
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
FORAGE SORGHUM FOR GRAZING, DRYLAND, HIGH PLAINS III 03085222
Estimated Costs And Returns Per Acre Of
Forage Sorghum For Grazing, Typical Management
Ii t. e m
ii
U ,n_i t
P r _i c e
1. Gross receipts, from production:
Grazing
AUM
$
. .u a n t V
or
_o. r. - , . _ _/ . « _ _ _ Q
i tayl u e
Cost/Unit
x
J
Cost
12.00
2.5
$
30.00
2. Variable Costs:
Seed
lb.
.20
2
$
Fertilizer
(40-0-0)
ac.
1.60
1
Machinery
ac.
1.19
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.3
Tractor
(3)
hr.
.63
.1
Labor,
Tractor
&
Machinery
hr.
2.00
1.8
Interest
on
Op.
Cap.
mo.
.085
4
Total Variable Costs
$ 9.14
3. Income Above Variable Costs
$ 20.86
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Land Charge
To t a l
5.
6.
ac.
h r.
h r.
h r.
ac.
Fixed
To t a l
Net
Returns
.40
1.60
1.19
1.63
.41
.06
3.60
.25
1.79
1.72
1.19
.72
9.47
1
1.1
.3
.1
1
Costs
Costs
to
$
13.58
$
Management
$ 1.79
1.89
.36
.07
9.47
22.72
$
7.28
D i . v e i . 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
(:.M.,K-i.iiivt. Extension Work in Agriculture and Home Economics, Texas A&M University and the United States DcpartmenTof
AK.H..Iimr cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
FORAGE SORGHUM FOR GRAZING, DRYLAND, HIGH PLAINS III
Estimated Costs, And Requirements Per Acre
Of Forage Sorghum For Grazing, Typical Management
Labor
m
Fuel,
Oil,
I t e m r Date
. . . . . . T i m e s Hours
u T r a c t o r o r . . . Lub.,
. ' - .Rep
__ Fixed costs
Per Acre
Over
Mach. Hrs.
No.
Per Acre
(1)
Operation
Chisel
03085221
Mar
2
.63
.50
$ .22
$ .29
Apr
1
.31
.25
.18
.23
List & Fertilize 1,9 Apr
1
.38
.30
.38
.62
Plant
1.25 .39
.31
.40
.64
1
.06
.05
.01
.01
1.77
1.41
$ 1.19
$ 1.79
Ta n d e m
S a n d fi g h t
To t a l
1,7
2,5
1,9
3,14
May
Jun
^ %
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
~
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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.
A ECO 6
)
G R A I N S O R G H U M , I R R I G AT E D , H I G H P L A I N S I I I 0 3 0 9 5 11 2
Estimated Costs And Returns Per Acre Of Grain Sorghum, High Level Management
Item
Unit
_
„
. _. „ P r i c .e„ o r _
Q u a_ n. _t i t yV a l u e o r
Cost/Unit
x
7
Cost
1. Gross receipts, from production:
Grain
cwt.
$
2.00
67
$134.00
2. Variable Costs
Pre-Harvest:
Seed
lb.
.21
10
$
Fertilizer
(130-60-0)
ac.
10.60
1
Herbicide
ac.
2.50
1
Insecticide
ac.
4.50
1
Machinery
ac.
1.72
1
Tractor
(1)
hr.
1.48
1.5
Tractor
(2)
hr.
1.38
.7
Tractor
(3)
hr.
.63
.1
Labor,
Tractor
&
Machinery
hr.
2.00
2.9
Labor
Irrigation
hr.
2.00
1
Irrigation
Machinery
ac.
in.
.78
16
Crop
Insurance
$100
6.88
.7
Interest
on
Op.
Cap.
mo.
.085
4
Subtotal, Pre-Harvest
2.10
10.60
2.50
4.50
1.72
2.22
.97
.06
5.80
2.00
12.48
4.82
1.41
$ 51.18
Harvest:
Combine
Haul
Subtotal, Harvest
$ 10.05
6.70
$ 16.75
cwt.
cwt.
.15
.10
67
67
Total Variable Costs
$ 67.93
3. Income Above Variable Costs
$ 66.07
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
ac.
h r.
h r.
h r.
ac. in.
ac.
To t a l
Fixed
5.
6.
Returns
1
1. 5
a 7
•,1
16
1
Costs
To t a l
Net
2.81
1.72
1.19
.72
1.25
17.22
$ 2.81
2.58
.83
.07
20.00
17.22
$
43.51
Costs
to
$ 111 . 4 4
Management
$
22.56
7. Government Payment ($.52/cwt. x yield of h of allotment less rent)l/ $ 11.62
8.
Net
Returns
Including
Government
Payment
$
34.18
y 1/ Based on planted acreage. Does not consider required set-aside acreage of 20
percent. Assumes planting 100 percent of the allotment.
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, T A E S , T A M U . N e w 1 9 7 2
<:.«.|H-,.,iiv,- Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
Auni ilium- numerating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
GRAIN SORGHUM, IRRIGATED, HIGH PLAINS III 03095111
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, High Level Management
Operation
Item
" _ : No.
*" Date
Labor
Fuel,
Oil,
Ti m e s u o u r 8 Tr a c t o r o r . , « _ . _ F i x e d c o s t s
Mach. Hrs. L"b••AKcp* Per Acre
Over
Per Acre
Shred & Disc 1,4,5 Dec
1
.41
.33
$ .40
$ .62
Moldboard 1,6,15 Feb
1
.75
.60
.32
.77
Ta n d e m D i s c 2 , 5 F e b
1
.31
.25
.18
.23
List & Fertilize 1,9 Mar
1
.38
.30
.38
.62
Cultivate
Apr
1
.19
.15
.14
.18
May
1
.31
.25
.10
.14
Jun
1
.06
.05
.01
.01
Spray Herbicide 2,8 Jun
1
.25
.20
.05
.06
Cultivate
1
.19
.15
.14
.18
2.85
2.28
$ 1.72
$ 2.81
Plant
1,13
2 , 11
S a n d fi g h t
3,14
1,13
Jun
To t a l
•^\
Irrigation: (2)
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
Jun-Aug 4
.76*
9.36
15.00
1.01*
$12.48
$20.00
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre*-inches
at each postplant.
Developed by Extension Economists-Management^ TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home Economics, Texas A&M University and the United Sates Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June SO, 1914.
AECO 6
GRAIN SORGHUM, IRRIGATED, HIGH PLAINS III 03095122
Estimated Costs And Returns Per Acre Of Grain Sorghum, Typical Management
,U, c. .m, „
. .U. .n.i t
PriC
c eo s t / Uonr i t
1. Gross receipts, from production:
Grain
cwt.
$
n
Q <f "c «. t> t " y V a l u e C o s to r
2.00
55
$ 11 0 . 0 0
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.21
10
$
Fertilizer
(60-040-0)
ac.
6.00
1
Herbicide
ac.
2.50
1
Insecticide
ac.
4.50
1
Machinery
ac.
1.76
1
Tractor
(1)
hr.
1.48
1.3
Tractor
(2)
hr.
1.38
1
Tractor
(3)
hr.
.63
.3
Labor,
Tractor
&
Machinery
hr.
2.00
3.2
Labor
Irrigation
hr.
2.00
.8
Irrigation
Machinery
ac.
in.
.78
13
Crop
Insurance
$100
6.88
.6
Interest
on
Op.
Cap.
mo.
.085
4
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
cwt.
cwt.
.15
.10
8.25
5.50
$ 13.75
55
55
$
Total Variable Costs
$ 57.58
3. Income Above Variable Costs
$ 52.42
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge (rent)
To t a l
Fixed
5.
6.
To t a l
Net
ac.
h r.
h r.
h r.
ac. in.
ac.
2.86
1.72
1.19
.72
1.25
14.75
Costs
to
1
1. 3
1
•3
13
1
$
Costs
Returns
2.10
6.00
2.50
4.50
1.76
1.92
1.38
.19
6.40
1.60
10.14
4.13
1.21
$ 43.83
$
37
51
$
Management
2.86
2.24
1.19
.22
16.25
14.75
95.09
$
14.91
7. Government Payment ($.52/cwt. x yield x h allotment less rentU/ $ 9.54
8.
Net
Return
Including
Government
Payment
$
24.45
1/ Based on planted acreage. Does not consider required set-aside acreage of 20
percent. Assumes planting 100 percent of the allotment.
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.,K-.atiVf Extension Work in Agriculture and Home Economics, Texas A&M University and the United Stales Detriment of
AK.....I.„... looperat.iig. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended am, June 30. Si4
A ECO fi
GRAIN SORGHUM, IRRIGATED, HIGH PLAINS III 03095121
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, Typical Management
Labor
Fuel,
Oil,
Tt-»m Times .. Tractor or - . *>-.-. Fixed
N" o ?
> Date o£r H°£9 mSS. Hr8. L^;'A^- Per
Operation
Shred
&
Disc
Moldboard
Ta n d e m
Disc
List
1,9
Plant
Apr
2 , 11
Herbicide
.31
1
.25
1
Jun
.5
Cultivate
1,13
Jul
1
3.15
.31
Jun
3,14
To t a l
2.53
.60
$
.62
.32
.77
.25
.18
.23
.25
.18
.23
.20
.31
S a n d fi g h t
.40
.25
1
2,8
$
.31
Mar
May
.33
.75
1
1
2,5
.41
1
Feb
Mar
Disc
1
Feb
2,5
3
Ta n d e m
Dec
1,6,15
Fertilize
Spray
1,4,5
/^s.
costs \
Acre )
1
.19
$
.25
.25
.06
.38
.62
.10
.20
.14
.05
.06
.05
.01
.01
.15
.14
.18
1.76
$
2.86
/-*\
I r r i g a t i o n : (2)
Preplant
Mar-Apr
1
.25*
Postplant
Jun-Aug
3
.57*
7.02
.82*
$10.14
To t a l
$
3.12
$
5.00
11 . 2 5
$16.25
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-Inches preplant and 3 acre-inches
at
each
postplant.
^^
Developeo by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
GRAIN SORGHUM, DRYLAND, HIGH PLAINS III 03095212
Estimated Costs And Returns Per Acre of Grain Sorghum, High Level Management
Ir t. e. m
it
U n ,i .t .
P0 r i c e
1. Gross receipts, from production:
Grain
cwt.
$
.„ or
. .Q. .u a n t V
or
._n
_
i tay l u e
Cost/Unit
^
'
Cost
2.00
18
$
36.00
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.21
2.5
$
Fertilizer
(40-20-0)
ac.
3.40
1
Herbicide
ac.
2.50
1
Machinery
ac.
1.20
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.3
Tractor
(3)
hr.
.63
.1
Labor,
Tractor
&
Machinery
hr.
2.00
1.8
Crop
Insurance
$100
6.21
.2
Interest
on
Op.
Cap.
mo.
.085
4
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
cwt.
3.50
.10
1
18
$
$
Total Variable Costs
$ 15.72
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Land Charge
ac.
h r.
h r.
h r.
ac.
Fixed
5.
6.
To t a l
Net
3.50
1.80
5.30
$ 20.28
3. Income Above Variable Costs:
To t a l
.53
3.40
2.50
1.20
1.63
.41
.06
3.60
1.24
.41
$ 14.98
Costs
Costs
Returns
1
1.,1
•,3
a,1
1
1.80
1.72
1.19
.72
8.27
to
$
$
12.39
$
Management
1.80
1.89
.36
.07
8.27
32.67
$
3.33
7. Government Payment ($.52/cwt. x yield x h allotment less rent)]./ $ 3.12
8.
Net
Return
Including
Government
Payment
$
6.45
1/ Based on planted acres. No allowance is made for required set-aside acreage of
20 percent. Assumes planting 100 percent of the allotment.
O i . 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
<...,.,K.,:,.iv<. Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Dc'partm^nTof
AK.«..lt.m- cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June 30, 1914.
A ECO 6
GR AIN SOR G H U M , D RY L A N D , H I G H P L A I N S I I I 0 3 0 9 5 2 11
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, High Level Management
Labor
Fuel,
Oil,
Tu_rr .a
tTr
oaarccho
xPi*xecerud Atccuorae
I t e m , xDate
_ _ . _ Ti m e s «u
„_
to
sit s
H. o
s. c M
. rr H,or sru. . _* *.>*«-' ..*«*_.P' *r F
Over
No.
Per Acre
(1)
Operation
Chisel
Mar
2
.63
.50
$ .22
$ .29
Apr
1
.31
.25
.18
.23
List & Fertilize 1,9 Apr
1
.38
.30
.38
.62
Plant
May
1.25 .39
.31
.40
.64
Jun
2
.13
.10
.02
.02
1.84
1.46
$ 1.20
$ 1.80
Ta n d e m
S a n d fi g h t
To t a l
1,7
2,5
1,9
2,3,14
^
\
/*m\
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
GRAIN SORGHUM, DRYLAND, HIGH PLAINS III 03095222
Estimated Costs And Returns Per Acre Of Grain Sorghum, Typical Management
|pN
Itura
C„ o .s_t _/ U P
n ir ti c e
Unlt
1. Gross receipts, from production:
Grain
cwt.
$
2.00
o r* - »n t i .t ., _
12
V a l Cu oe s to r
$
24.00
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.21
2.5
$
Fertilizer
(20-0-0)
ac.
.80
1
Herbicide
ac.
2.50
1
Machinery
ac.
1.20
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.3
Tractor
(3)
hr.
.63
.1
Labor,
Tractor
&
Machinery
hr.
2.00
1.8
Crop
Insurance
$100
6.21
.1
Interest
on
Op.
Cap.
mo.
.085
4
.53
.80
2.50
1.20
1.63
.41
.06
3.60
.62
.32
$ 11.67
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
cwt.
1
12
3.50
.10
$
$
3.50
1.20
4.70
Total Variable Costs
$ 16.37
3.
Income Above Variable Costs
$
7.63
4.
Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Land Charge
$
1.80
1.89
.36
.07
5.33
ac.
h r.
h r.
h r.
ac.
To t a l
Fixed
5.
6.
Costs
To t a l
Net
$
Costs
Returns
1
1.,1
s,3
•,1
1
1.80
1.72
1.19
.72
5.33
to
9.45
$
Management
25.82
$
(1.82)
7. Government Payment ($.52/cwt. x yield x h allotment less rent)l/ $ 2.08
8.
j ^ \
Net
Return
Including
Government
Payment
$
.26
1/ Based on planted acres. No allowance is made for required set-aside of 20
percent. Assumes planting 100 percent of the allotment.
Di.vei.opeo
by
Extension
Economists-Management,
TA E S ,
TA M U .
New
1972
<:..o,Hi:.tivr Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
AKni ilium- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
A ECO G
GRAIN SORGHUM, DRYLAND, HIGH PLAINS III 03095221
Estimated Costs, And Requirements Per Acre Of Grain Sorghum, Typical Management
Labor
Fuel, Oil,
Fixed costs
X _ _ T ° * t e « ~ H o u r s ^ . ° H r s ! « - *Per
• • Acre
"5» PerA^re
(1)
Operation
Mar
2
.63
.50
Ta n d e m D i s c 2 , 5 A p r
1
.31
.25
.18
.23
List & Fertilize 1,9 Apr
1
.38
.30
.38
.62
Plant
May
1.25
.39
.31
.40
.64
Jun
2
.13
.10
.02
.02
1.84
1.46
$ 1.20
$ 1.80
Chisel
S a n d fi g h t
To t a l
^y
1,7
1,9
2,3,14
$
.22
$
.29
^
\
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
/~s\
Developed by Extension Economists-Management^ TAES, TAMU.
Cooperative Extension Wort 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, 19.4.
AECO 6
S O U T H E R N P E A S . D RY L A N D . H I G H P L A I N S I I I 0 3 1 5 5 2 2 2
Estimated Costs And Returns Per Acre Of Southern Peas, Typical Management
f^
Item
Unit
_
t. i_ __ _ .
1. Gross receipts, from production:
Peas
cwt.
6.00
.P_r i c e Qour a n- .t i t.y . t
Cost/Unit
J
5
$
V_ a l u e f co r
Cost
30.00
2 . Va r i a b l e C o s t s :
Pre-Harvest:
Seed
lb.
Fertilizer
(20-20-0)
ac.
Machinery
ac.
Tractor
(1)
hr.
Tractor
(2)
hr.
Labor, Tractor & Machinery hr.
Interest
on
Op.
Cap.
mo.
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
cwt.
.155
2.60
1.48
1.48
1.38
2.00
.085
12
1
1
1. 1
.6
2. 1
4
$ 1.86
2.60
1.48
1.63
.83
4.20
.36
$ 12.96
6.00
.10
1
5
$ 6.00
.50
$ 6.50
Total Variable Costs
$ 19.46
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
(1)
Tractor
(2)
Land
Charge
Total Fixed Costs
$ 10.54
ac.
hr.
hr.
ac.
2.18
1.72
1.19
6.97
1
1. 1
•6
1
$ 2.18
1.89
.71
6.97
$ 11.75
5 . To t a l C o s t s
$ 31.21
6. Net Returns to Management
$ (1.21)
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
t:.K.pe.aim. Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AK..<..li...r «M,peraii..g. Distributed in furtherance of die Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
S O U T H E R N P E A S , D RY L A N D , H I G H P L A I N S I I I 0 3 1 5 5 2 2 1
Estimated Costs, And Requirements Per Acre Of Southern Peas, Typical Management
operation
Labor
Fuel,
Oil,
Item _.__._
„ » __.
» » " Tractor
_ _ _ h .or
0 £ ,r e__,_
! ^ b' . « R' e Fixed
p . - ~ costs
—■
Date Times
Over
No.
(1)
Per
Acre
Chisel
1,7
Mar
2
.63
.50
$ .22
$ .29
Tandem Disc
2,5
Apr
1
.31
.25
.18
.23
L i s t & F e r t i l i z e 1,9
Apr
1
.38
.30
.38
.62
Cultivate
2,13
May
1
.19
.15
.14
.18
Plant
1,9
Jun
1
.41
.33
.42
.68
Cultivate
2,13
Jul
1
.19
.15
.14
.18
2.11
1.68
$ 1.48
$ 2.18
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
/*^|
PERMANENT PASTURE ESTABLISHMENT, IRRIGATED, HIGH PLAINS III 03171112
Estimated Costs And Returns Per Acre Of
Permanent Pasture Establishment, High Level Management
"~
Unit
Cost/Unit
Price
or ~ _.__
Quantity
Va l u e o r
Cost
1. Gross receipts, from production:
Grazing
AUM
$
12.00
2.5
$
2. Variable Costs:
Seed
lb.
1.35
4
$
Fertilizer
(80-60-0)
ac.
11 . 8 0
1
Herbicide
ac.
5.50
1
Machinery
ac.
.78
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.5
Tractor
(3)
hr.
.63
.2
Labor,
Tractor
&
Machinery
hr.
2.00
1.8
Labor
Irrigation
hr.
2.00
1
Irrigation
Machinery
ac.
in.
.78
16
Interest
on
Op.
Cap.
mo.
.085
6
3. Income Above Variable Costs
$(15.88)
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
5.
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
Cost
1.66
1.72
1.19
.72
1.25
20.00
1
1.1
.5
.2
16
1
Costs
To t a l
Net
5.40
11 . 8 0
5.50
.78
1.63
.69
.13
3.60
2.00
12.48
1.87
$ 45.88
Total Variable Costs
To t a l
30.00
Costs
of
$
44.29
$
Establishment
$ 1.66
1.89
.60
.14
20.00
20.00
90.17
$
60.17
D l 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
( iH.|H-i:itiv<- Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
A^.Milium- cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914, as amended, and June 30, 1914.
A ECO 6
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS III
Estimated Costs, And Requirements Per Acre Of Permanent
Pasture Establishment, High Level Management
03171111
Operation
Labor
Fuel,
Oil,
„.
I t e m n . * . _ _ Ti m e s u _ - . _ - . _ _ Tr a c t o r o r , _ . „ _ „ F i x e d c o s t s
No. Date Over H™*8 Mach. Hrs. L«*..Rep. Per Acre
(1)
Per
Acre
Moldboard
1,6,15 Mar
1
.75
.60
Tandem Disc
1,5
Apr
2
.62
Fertilize
2
Apr
1
Plant
2,12 May
Weed Control
3
May
.32
$ .77
.50
.35
.46
.25
.20
-
1
.31
.25
.11
1
.25
.20
—
2.18
1.75
To t a l
$
^
\
^
\
.43
$ .78
$ 1.66
Irrigation: (2)
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
May-Sep
4
.76*
9.36
15.00
1.01*
$12.48
$20.00
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at each postplant.
Developed by Extension Economists-Management,. TAES, TAMU.
Cooperative Extension Wort 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
PERMANENT PASTURE, IRRIGATED, HIGH PLAINS III 03170112
Estimated Costs And Returns Per Acre Of Permanent Pasture, High Level Management
f^
lt°m
Unit
l uoe_ co r
C■oI s _t /_U. n Pi tr i c e o0r - ^r it t y_ . . V a C
1. Gross receipts, from production:
Grazing
AUM
$
12.00
12
$144.00
2. Variable Costs:
Fertilizer (100-80-0)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
ac.
h r.
h r.
h r.
ac. in.
mo.
15.20
1.38
2.00
2.00
.78
.085
1
Total Variable Costs
$ 45.82
3. Income Above Variable Costs
4. Fixed Costs:
Tractor (2)
Irrigation
Establishment Cost 1/
Land Charge
15.20
.55
1.00
3.80
23.40
1.87
.4
.5
1.9
30
6
$ 98.18
h r.
ac. in.
ac.
ac.
Total Fixed Costs
1.19
1.25
8.60
6.00
.4
30
1
1
$
.48
37.50
8.60
6.00
$ 52.58
5. Total Costs
$ 98.40
6. Net Returns to Management
$ 45.60
1/ Based on stand remaining seven years.
D i . 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
(o..,K-i;itivi- Extension Work in Agriculture and Home Economics. Texas A&M University and the United States DcpartmcnTof
AKiiiiiliuie cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30. 1914.
A ECO 6
PERMANENT PASTURE, IRRIGATED. HIGH PLAINS III 03170111
Estimated Costs, And Requirements Per Acre
Of Permanent Pasture, High Level Management
operation
Fertilize
Irrigation:
Labor
Fuel,
Oil,
/^^
TM»m Times .. Tractor or . . «_..___ Fixed costs 1
X^m Date ™ Hours ^h. Hrs. L«b.,Rep. Per Acre )
(1)
Per
Acre
2
Apr-Jul
(2)
Apr-Sep
2
.50
10
.40
1.89*
$
23.40
$
37.50
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, and 3 acre-inches at each irrigation.
Developed by Extension Economists-Management,. TAES, TAMU.
Cooperative Extension Wort 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.
A ECO 6
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS III 03171122
Estimated Costs And Returns Per Acre Of
Permanent Pasture Establishment, Typical Management
..
f^
I^»
Ualt
__.
Price
cost/iteit
1. Gross receipts, from production:
Grazing
ADM
$
or
n
_
._
Va l u e
o«»«»txty
12.00
2.5
$
2. Variable Costs:
Seed
lb.
1.35
4
$
Fertilizer
(50-40-0)
ac.
7.60
1
Herbicide
ac.
5.50
1
Machinery
ac.
.78
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.5
Tractor
(3)
hr.
.63
.2
Labor,
Tractor
&
Machinery
hr.
2.00
1.8
Labor
Irrigation
hr.
2.00
1
Irrigation
Machinery
ac.
in.
.78
16
Interest
on
Op.
Cap.
mo.
.085
6
Total Variable Costs
6.
ac.
h r.
h r.
h r.
ac. in.
ac.
Fixed
5.
Cost
1.66
1.72
1.19
.72
1.25
20.00
1
1.1
.5
.2
16
1
Costs
To t a l
Net
30.00
5.40
7.60
5.50
.78
1.63
.69
.13
3.60
2.00
12.48
1.69
$(11.50)
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
To t a l
Cost
$ 41.50
3. Income Above Variable Costs
f^
or
Costs
of
$
44.29
$
Establishment
$ 1.66
1.89
.60
.14
20.00
20.00
85.79
$
55.79
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.|K-iaiivf Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
A«...ilium- cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914.
A ECO 6
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS III
Estimated Costs, And Requirements Per Acre Of Permanent
Pasture Establishment, Typical Management
03171121
Operation
Labor
Fuel, Oil,
Item --._.._ Times „_____ Tractor or . __,_ " »__' Fixed costs
Per Acre
Ho. D»te SmT »»«" „_ch. Hrs. "?'• »?'
(1)
Per
Acre
Moldboard
1,6,15 Mar
1
.75
.60
Tandem Disc
1,5
Apr
2
.62
.50
.35
.46
Fertilize
2
Apr
1
.25
.20
-
-
Plant
2,12 May
1
.31
.25
. 11
.43
Weed Control
3
1
.25
.20
—
—
2.18
1.75
May
To t a l
$
.32
$
^ * \
.77
$ .78
$ 1.66
Irrigation: (2)
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
May-Sep 4
.76*
9.36
15.00
1.01*
$12.48
$20.00
To t a l
^
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
\
PERMANENT PASTURE, IRRIGATED. HIGH PLAINS III 03170122
Estimated Costs And Returns Per Acre Of Permanent Pasture, Typical Management
f^
Item
Unit
. .s t _
Co
/ U_ n. i t P r i c e Qo«r a »r tt i . y. . .
1. Gross receipts from production:
Grazing
AUM
$
2. Variable Costs:
Fertilizer (50-40-0)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
12.00
ac.
h r.
h r.
h r.
ac. in.
mo.
6
7.60
1.38
2.00
2.00
.78
.085
$
72.00
1
$
.4
.5
1.3
21
6
$ 42.68
3. Income Above Variable Costs
^
^
7.60
.55
1.00
2.60
16.38
1.19
$ 29.32
Total Variable Costs
4. Fixed Costs:
Tractor (2)
Irrigation
Establishment Cost 1/
Land Charge
V a lCu oe _ co r
h r.
ac. in.
ac.
ac.
Total Fixed Costs
1.19
1.25
7.97
.5
$
21
1
1
.60
26.25
7.97
-
$ 34.82
5 . To t a l C o s t s
$ 64.14
6. Net Returns to Management
$
7.86
1/ Based on stand remaining seven years.
U i . v e i . 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
Cim>|k-ialive Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
Af-iiiuliim- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30. 1914.
AECO fi
PERMANENT PASTURE. IRRIGATED. HIGH PLAINS III 03170121
Estimated Costs, And Requirements Per Acre
Of Permanent Pasture, Typical Management
Labor
Fuel,
Oil,
,o»p e- r. a -t .i -oj .n. N
I toe #m Dnae t. e^ (Thi m
e
s
U
r
t
„
o
T
r
a
c
t
o
r
o
r
.
.
.
u
^ r H o u r s ^ ^ H r 8 # L u b . , R e_ p„ . F Pi xeer d Accor se t s
(1)
Per
Acre
Fertilize
Irrigation:
2
Apr-Jul
(2)
2
Apr-Sep
.50
7
.40
1.32
$16.38
$26.25
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached Irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, and 3 acre-inches at each irrigation.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
S O Y B E A N S , I R R I G AT E D , H I G H P L A I N S I I I 0 3 1 9 0 11 2
Estimated Costs And Returns Per Acre Of Soybeans, High Level Management
^
lttm
\
Unit
1. Gross receipts, from production:
Soybeans
bu.
C .o. s t_/ ,U_n_i t P r i c e Qo ur a rnt t "_y . .
$
2.50
42
V a lCu oe s to r
$105.00
2. Variable Costs:
Pre-Harvest:
Seed
lb.
Fertilizer
(0-40-0)
Herbicide
ac.
Machinery
ac.
Tractor
(1)
Tractor
(2)
Labor,
Tractor
&
Labor
Irrigation
Irrigation
Machinery
Crop
Insurance
Interest
on
Op.
Subtotal, Pre-Harvest
.05
65
$
ac.
3.60
1
4.13
1
2.03
1
hr.
1.48
1.3
hr.
1.38
1.1
Machinery
hr.
2.00
3
hr.
2.00
.8
ac.
in.
.78
13
$100
15.03
.5
Cap.
mo.
.085
4
Harvest:
Combine
Haul
Subtotal, Harvest
il^N
bu.
bu.
42
42
.09
.05
$ 56.24
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
6.
ac.
h r.
h r.
ac. in.
ac.
Fixed
To t a l
Net
Returns
3.78
2.10
5.88
$ 48.76
3. Income Above Variable Costs
5.
$
$
Total Variable Costs
To t a l
3.25
3.60
4.13
2.03
1.92
1.52
6.00
1.60
10.14
7.51
1.18
$ 42.88
1
1. 3
1. 1
13
1
3.03
1.72
1.19
1.25
9.85
Costs
Costs
to
$
3.03
2.24
1.31
16.25
9.85
32.08
$
Management
$
81.64
$
23.56
/ ^ \
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
(«M.|K-iaiive Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AKiiniliute cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
S O Y B E A N S , I R R I G AT E D , H I G H P L A I N S I I I 0 3 1 9 0 111
Estimated Costs, And Requirements Per Acre Of Soybeans, High Level Management
operation
Labor
Fuel,
Oil,
_.
.
I t e m „ „Date
_ Ti m e s H r t i i r. a Tr a c t o r o r , h R e _ F i x e d c o s t s
Over H™" Mach. Hrs. L"b-»ReP- Per Acre
No.
(1)
Per
Acre
Shred & Disc
1,4,5 Dec
Moldboard
1,6,15 Jan
Chisel
2,7
Jan
Tandem Disc
1,5
Feb
Apply & Inc.
Herbicide
1
.41
.33
$ .40
$ .62
.5
.38
.30
.16
.39
.5
.16
.13
.06
.07
1
.31
.25
.18
.23
2,5,8 Mar
2
.69
.55
.47
.60
List & Fertilize 1,9 Mar
1
.38
.30
.38
.62
Cultivate
Apr
1
.19
.15
.14
.18
May
1
.31
.25
.10
.14
Jun
1
.19
.15
.14
.18
3.02
2.41
$ 2.03
$ 3.03
Plant
2,13
2 , 11
Cultivate
1,13
To t a l
^
\
^*\
Irrigation: (2)
Preplant
May
1
.25*
$ 3.12
$ 5.00
Postplant
May-Aug
3
.57*
7.02
11.25
.82*
$10.14
$16.25
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home Economics, Texas A&M University and the United Stales Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
SOYBEANS, IRRIGATED, HIGH PLAINS III 03190122
Estimated Costs And Returns Per Acre Of Soybeans, Typical Management
/I^N
'a-
C „o s .t / P
U rni ict e
Unlt
1. Gross receipts, from production:
Soybeans
bu.
$
or
2.50
/»_■.' t l. t. y, . -
35
$
V a lCu oe s to r
87.50
2. Variable Costs:
Pre-Harvest:
Seed
lb.
.05
65
$
3.25
Fertilizer
ac.
3.60
1
3.60
Herbicide
ac.
4.13
1
4.13
Machinery
ac.
2.08
1
2.08
Tractor
(1)
hr.
1.48
1.5
2.22
Tractor
(2)
hr.
1.38
1
1.38
Labor,
Tractor
&
Machinery
hr.
2.00
3.1
6.20
Labor
Irrigation
hr.
2.00
.8
1.60
Irrigation
Machinery
ac.
in.
.78
13
10.14
Crop
Insurance
$100
15.03
.4
6.01
Interest
on
Op.
Cap.
mo.
.085
4
1.15
$ 41.76
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
f ^
bu.
bu.
.09
.05
35
35
$ 46.66
Total Variable Costs
$ 40.84
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
To t a l
5.
6.
^
ac.
h r.
h r.
ac. in.
ac.
Fixed
To t a l
Net
Returns
3.15
1.75
$ 4.90
$
1
1.5
1
13
1
3.19
1.72
1.19
1.25
5.71
Costs
Costs
to
$
3.19
2.58
1.19
16.25
5.71
28.92
$
Management
$
75.58
$
11 . 9 2
\
Developed by Extension Economists-Management, TAES, TAMU.
Ompciaiive Extension Work in Agriculture and Home Economics. Texas A&M University and the United Stales Department of
AKin.ilime cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
S O Y B E A N S , I R R I G AT E D . H I G H P L A I N S I I I 0 3 1 9 0 1 2 1
Estimated Costs, And Requirements Per Acre Of Soybeans, Typical Management
operation
Item -_
L^m Date
Shred & Disc
1,4,5 Dec
Moldboard
1,6,15 Jan
Chisel
2,7
Tandem Disc
1,5
Apply & Inc.
Herbicide
Labor
Fuel, Oil,
Times ™ Tractor or , . «^„ Fixed costs ^k
£™B Hours ^^ Hr8# Lub., Rep. per Acre ^
Per Acre
(1)
1
.41
.33
$ .40
$ .62
.75
.56
.45
.24
.58
Jan
1.25
.08
.06
.03
.04
Feb
1
.31
.25
.18
.23
2,5,8 Mar
2
.69
.55
.47
.60
List & Fertilize 1,9 Mar
1
.38
.30
.38
.62
Cultivate
Apr
1
.19
.15
.14
.18
May
1
.31
.25
.10
.14
Jun
1
.19
.15
.14
.18
3.12
2.49
$ 2.08
$ 3.19
Plant
2,13
2 , 11
Cultivate
1,13
To t a l
I r r i g a t i o n : (2)
Preplant
Mar
1
.25*
$ 3.12
$ 5.00
Postplant
May-Aug
3
.57*
7.02
11.25
.82*
$10.14
$16.25
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at each postplant.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort in Agriculture and Home Economict, 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
W H E AT. I R R I G AT E D , H I G H P L A I N S I I I 0 3 2 2 5 11 2
Estimated Costs And Returns Per Acre Of Wheat, High Level Management
Unit
Price or
Cost/Unit
bu.
AUM
$ 1.30
12.00
Item
1.
Gross receipts, from production:
Wheat
Grazing
To t a l
Value or
Cost
Quantity
50
2.5
$ 65.00
30.00
$ 95.00
2. Variable Costs:
Pre-Harvest:
Seed
bu.
2.50
1.5
$
Fertilizer
(100-40-0)
ac.
7.60
1
Machinery
ac.
.89
1
Tractor
(1)
hr.
1.48
1.1
Tractor
(2)
hr.
1.38
.4
Tractor
(3)
hr.
.63
.3
Labor,
Tractor
&
Machinery
hr.
2.00
2.2
Labor
Irrigation
hr.
2.00
1
Irrigation
Machinery
ac.
in.
.78
16
Crop
Insurance
$100
12.60
.3
Interest
on
Op.
Cap.
mo.
.085
8
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
bu.
1
50
4.50
.05
$
$
$ 48.62
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
ac.
h r.
h r.
h r.
6.
7.
8.
Government
Net
.72
ac.
Payment
to
Including
x
50
bu.
Government
less
1.66
1.89
.48
.22
20.00
10.80
35.05
$
Management
($1.57
$
$
Costs
Returns
Return
1.25
10.80
Costs
To t a l
Net
1
1.,1
s,4
«,3
16
1
1.66
1.72
1.19
ac. in.
Fixed
5.
4.50
2.50
7.00
$ 46.38
Total Variable Costs
To t a l
3.75
7.60
.89
1.63
.55
.19
4.40
2.00
12.48
3.78
2 . 11
$ 39.38
81.43
$
13.57
rent)l/
Payment
$
$
52.36
65.93
1/ Based on planted acres. No allowance is made for set-aside acreage of 75%.
O t . 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
CiHi|H-i:itive Extension Work in Agriculture and Home Economics, Texas A&M University and the United Stales Department of
A^iMilium- cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30. 1914.
AECO f>
W H E A T. I R R I G A T E D . H I G H P L A I N S I I I 0 3 2 2 5 1 1 1
Estimated Costs, And Requirements Per Acre Of Wheat, High Level Management
Labor
Fuel,
Oil,
,o)pneprIa. tfl iHo on n NIot >
e mD an t- et - p0 yTei rm H
e so uHr so ^r ^ T H
r ar c8 t>o rL uo br . ,. R
. eBp .F ipx ee rd Accor se t s
(1)
Per
Acre
Tandem Disc
1,5
Moldboard
1,6,15 Jul
Chisel
2,7
Jul
Tandem Disc
1,5
Jul
Fertilize
3
Tandem Disc
1,5
Drill
1
.31
.25
$ .18
$ .23
.5
.38
.30
.16
.39
.5
.16
.13
.06
.07
1
.31
.25
.18
.23
Aug
1
.31
.25
-
Aug
1
.31
.25
.18
.23
2,12 Aug
1
.38
.30
.13
.51
2.16
1.73
$ .89
$ 1.66
Jun
To t a l
/*%
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
$ 3.12
$ 5.00
Postplant
Oct-Apr
4
.76*
9.36
15.00
1.01*
$12.48
$20.00
To t a l
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches ^^
at
each
postplant.
^
Developed by Extension Economists-Management, TAES, TAMU.
ZrEtZZZ
ExteMion
J*0* *» Agriculture
Home Economic.
Texas
A&M University
the United
States Department
of
Agriculture
cooperating.
Distributed and
in furtherance
of the Act.
of Congress
of Mayand
8. 1914.
a. amended.
^.mJBITSu!
AECO 6
03225122
WHEAT. IRRIGATED. HIGH PLAINS III
Estimated Costs And Returns Per Acre Of Wheat, Typical Management
/f^\
item
Gross receipts, from production:
Grain
Grazing
To t a l
Unit
Price or
Cost/Unit
bu.
AUM
$ 1.30
12.00
35
2.5
$ 45.50
30.00
$ 75.50
bu.
ac.
ac.
h r.
h r.
h r.
h r.
2.50
6.80
1.5
1
1
1.2
.4
.3
2.3
.8
13
.2
8
3.75
6.80
.94
1.78
.55
.19
4.60
1.60
10.14
2.52
1.86
$ 34.73
1
35
$
Quantity
Value or
Cost
2. Variable Costs:
Pre-Harvest:
Seed
Fertilizer (80-40-0)
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
hr.
ac. in.
$100
mo.
ac.
bu.
.94
1.48
1.38
.63
2.00
2.00
.78
12.60
.085
3.75
.05
$
$ 40.23
Total Variable Costs
$ 35.27
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
3.75
1.75
5.50
ac.
h r.
h r.
h r.
1.82
1.72
1.19
ac. in.
1.25
8.06
ac.
.72
Total Fixed Costs
1
1. 2
•,4
,3
13
1
4
$
1.82
2.06
.48
.22
16.25
8.06
$ 28.89
5 . To t a l C o s t s
$ 69.12
6. Net Returns to Management
$ 6.38
7. Government Payment ($1.57/bu. x yield less rent)l/
$ 36.65
8. Net Return Including Government Payment
$ 43.03
jpN
1/ Based on planted acres. No allowance is made for set-aside acreage of 75%.
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
Oiopeialive Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
Agiii ultme cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
W H E A T, I R R I G A T E D , H I G H P L A I N S I I I 0 3 2 2 5 1 2 1
Estimated Costs, And Requirements Per Acre Of Wheat, Typical Management
Item ~
^
Date
operation
Ta n d e m
Disc
Moldboard
1,5
1,6,15
Chisel
2,7
Jul
Ta n d e m
Disc
1,5
Fertilize
Ta n d e m
Drill
3
2,12
To t a l
Jul
1
Jul
.75
Jul
1
Jul
Aug
1
Fuel,
Oil,
or ... „„ Fixed
Hr8^••^
Per
.25
1
.18
.45
.08
.06
.31
$
.24
___
costs ^\
Acre
^
.23
.58
.03
.04
.25
.18
.23
.25
.18
.23
.25
1
.31
.38
1.81
$
.56
.31
1,5
2.26
.31
.25
Jul
Disc
Labor
_, Tractor
Hours
^^
Times
£™a
$
.30
.13
.94
.51
$
1.82
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
Postplant
Oct-Apr
3
.57*
7.02
.82*
$10.14
To t a l
$
3.12
$
5.00
11 . 2 5
$16.25
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 GPM, 250 feet well, sprinkler
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at each postplant.
Developeo by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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
W H E AT. D R Y L A N D . H I G H P L A I N S I I I 0 3 2 2 5 2 1 2
Estimated Costs And Returns Per Acre Of Wheat, High Level Management
Ito"
Unlt
_n
. i t P r i c e Qour a nr tt i t y. . .
C o• is t /• U
Gross receipts, from production:
Wheat
Grazing
bu.
AUM
22
$ 1.30
12.00
V a lC
uo
e s to r
$ 28.60
6.00
$ 34.60
.5
2. Variable Costs:
Pre-Harvest:
Seed
bu.
2.50
.7
$
Fertilizer
(20-0-0)
ac.
.80
1
Machinery
ac.
.53
1
Tractor
(1)
hr.
1.48
.8
Tractor
(2)
hr.
1.38
.1
Tractor
(3)
hr.
.63
.3
Labor,
Tractor
&
Machinery
hr.
2.00
1.5
Crop
Insurance
$100
12.70
.1
Interest
on
Op.
Cap.
mo.
.085
8
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
bu.
1
22
3.10
.05
$
$
Total Variable Costs
$ 21.04
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Land Charge
ac.
h r.
h r.
h r.
ac.
Fixed
5.
6.
To t a l
Net
1
.96
1.72
1.19
1
6.98
.12
.22
6.98
$
9.66
$
Management
.96
1.38
i
Costs
to
$
,8
,1
s,3
i
.72
Costs
Returns
3.10
1.10
4.20
$ 13.56
3. Income Above Variable Costs
To t a l
1.75
.80
.53
1.18
.14
.19
3.00
1.27
.50
$ 9.36
23.22
$
11 . 3 8
7. Government Payment ($1.57/bu. x 22 bu. less rent)l/ $ 23.03
8.
Net
Return
Including
Government
Payment
$
34.41
1/ Based on planted acres. No allowance is made for set aside acreage of 75%.
D l 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.M.|K-tative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agin nil me cooperating. Distributed in furtherance of die Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
W H E A T. D R Y L A N D . H I G H P L A I N S I I I 0 3 2 2 5 2 1 1
Estimated Costs, And Requirements Per Acre Of Wheat, High Level Management
Labor __. _ Fuel, Oil, p. 0, __nl.n
Operation
x No.
sr
Dat
»~
Tandem Disc
1.5
Jul
Chisel
2,7
Jul
Tandem Disc
1,5
Aug
Fertilize
3
Plant
1,12
To t a l
Sir/
1
■* «
KVs!
.31
.25
.16
1
Aug
Sep
**:•*••
Per Acre
W-s"
.18
$ .23
.13
.06
.07
.31
.25
.18
.23
1
.35
.28
-
1
.31
.25
.11
.43
1.44
1.16
$ .53
$ .96
.5
$
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
^
Developed by Extension Economists-Management^ TAES, TAMU.
Cooperative Extension Wort in Agriculture and Hotfee 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
)
W H E A T. D R Y L A N D . H I G H P L A I N S I I I 0 3 2 2 5 2 2 2
Estimated Costs And Returns Per Acre Of Wheat, Typical Management
Item
1. Gross receipts, from production:
Grain
Grazing
To t a l
Unit
Price or
Cost/Unit
bu.
AUM
$ 1.30
12.00
Quantity
18
.5
Value or
Cost
$ 23.40
6.00
$ 29.40
2. Variable Costs:
Pre-Harvest
Seed
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
bu.
ac.
h r.
h r.
h r.
$100
mo.
2.50
.53
1.48
1.38
2.00
12.70
.085
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
bu.
3.00
.05
.7
1
.8
.1
1.1
.1
8
1
18
$
$
3.00
.90
3.90
$ 11.37
Total Variable Costs
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Land Charge
$ 1.75
.53
1.18
.14
2.20
1.27
.40
$ 7.47
$ 18.03
ac.
h r.
h r.
ac.
.96
1.72
1.19
7.52
Total Fixed Costs
1
.8
.1
$
.96
1.38
.12
7.52
$
9.98
1
5 . To t a l C o s t s
$ 21.35
6. Net Returns to Management
$
7. Government Payment ($1.57/bu. x 18 >u.
bu. less r e n t ) ] . /
$ 18.85
8. Net Return Including Government Payment
oent
$ 26.90
8.05
J£P\
1/ Based on planted acres. No allowance is made for set-aside acreage of 75%.
Developed by Extension Economists-Management, TAES, TAMU.
New, 1972
<:.n.|>ei:itive Extension Work in Agriculture and Home Economics, Texas A&M University and the United Stales Department of
At-1 null me cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June SO, 1914.
AECO 6
W H E A T, D R Y L A N D , H I G H P L A I N S I I I 0 3 2 2 5 2 2 1
Estimated Costs, And Requirements Per Acre Of Wheat, Typical Management
Labor
Fuel, Oil,
Fixed costs
operation
xsr — sr »— izsr**?. Per-_;-^- -~
Acre
Tandem Disc
1,5
Jul
Chisel
2,7
Jul
Tandem Disc
1,5
Aug
Plant
1,12 Sep
To t a l
1
.18
.23
.13
.06
.07
.31
.25
.18
.23
.31
.25
.11
.43
1.09
.88
$ .53
$ .96
.31
.25
.16
1
1
.5
$
" " ^
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
^
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Wort 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