r
04000300
TEXAS HIGH PLAINS IV
FOREWORD
r
Enterprise budgets were developed for all
crops that are produced on at least 1 percent
of the cropped land in the sandylands soil re
source area. This area includes Gaines, Terry
and Yoakum counties.
All budgets on irrigated crops reflect the
assumption of adequate supplies of underground
irrigation water to obtain optimum production.
All crops were assumed irrigated with sideroll
sprinkler except alfalfa which was budgeted with
self-propelled center pivot systems.
The enterprise budgets developed for High
Plains IV were based on the following assumed
organizations.
Farm size
Cotton allotment
Feed grain base
Other cropland
Irrigated
(acres)
800
265
400
155
Dryland
(acres)
1600
530
800
270
The machinery inventory (04000500) is ap
plicable to all situations since no difference in
equipment was found between managerial levels,
and dryland units in the area have equipment
inventories comparable to irrigated farms of
about one-half their acreage.
r
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
normal crop share rent.
Land charges were calculated as the land
lord's share of the gross income less his propor
tionate 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 harvest on most crops.
The exceptions in these budgets are alfalfa and
permanent pasture where the landlord pays none
of the cost of variable inputs. A land charge of
§20 per acre was used for the establishment
of both alfalfa and permanent pasture. The
following crop shares were assumed:
Crop
Cotton
Grain sorghum
Wheat
Castors
Alfalfa
Permanent pasture
Southern peas
Landlord's Share
V
a
Vs
Vs
Vs
%
V
a
Vs
04000700
TEXAS HIGH PLAINS IV
Estimated Costs Of Irrigation Water
(
^
Well
Distribution
Depthi GPM
System
feet
f^
150
75
200
100 h . m s p r i n k l e r
skid tow line
150 h . m s p r i n k l e r
skid tow line
250 s i d e r o l l
furrow
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
800 s i d e r o l l
s. propelled
furrow
250
300
Power 1/
Source
h.m sprinkler electricity
Sidemove-tow e l e c t r i c i t y
Per Acre Inch
Labor
Labor
To t a l
Operating Fixed
Cost 2/ Cost 3/ Requirement Cost
Cost
dollars dollars
hrs.
id o l l a r s d o l l a r !
.77
1.07
1.63
1.91
.211
.047
.37
.08
2.77
3.08
electricity
elect r i c i t y
elect r i c i t y
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
.89
.97
.83
.91
.75
.42
.75
.42
.46
.75
1.13
.44
.74
1.11
.44
1.63
1.83
1.24
1.44
1.43
.98
1.27
.98
.82
1.18
1.29
.73
1 . 11
1.22
.66
.211
.063
.211
.063
.063
.123
.063
.123
.123
.063
.022
.123
.063
.022
.123
.37
.11
.37
.11
.11
.22
.11
.22
.22
. 11
.04
.22
.11
.04
.22
2.89
2.91
2.44
2.46
2.29
1.62
2.13
1.62
1.50
2.04
2.46
1.39
1.96
2.37
1.32
300 s i d e r o l l
furrow
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
.78
.50
.77
1.14
.46 •
.78
1.15
.46
1.45
1.00
1.36
1.48.
.92
1.25
1.37
.81
.063
.123
.063
.022
.123
.063
.022
.123
.11
.22
.11
.04
.22
. 11
.04
.22
2.34
1.72
2.24
2.66
1.60
2.14
2.56
1.49
800 s i d e r o l l
s. propelled
furrow
n a t . gas
n a t . gas
n a t . gas
.77
1.12
.46
1.19
1.31
.75
.063
.022
.123
. 11
.04
.22
2.07
2.47
1.43
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
.79
1.16
.48
.80
1.15
.48
.78
1.14
.48
.77
1.13
.47
1.47
1.57
1.01
1.33
1.45
.88
1.26
1.37
.81
1.24
1.36
.80
.063
.022
.123
.063
.022
.123
.063
.022
.123
.063
.022
.123
.11
.04
.22
. 11
.04
.22
.11
.04
.22
.11
.04
.22
2.37
2.77
1.71
2.24
2.64
1.58
2.15
2.55
1.51
2.12
2.53
1.49
400 s i d e r o l l
s. propelled
furrow
600 s i d e r o l l
s. propelled
furrow
800 s i d e r o l l
s. propelled
furrow
1000 s i d e r o l l
s. propelled
furrow
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
04000700
TEXAS HIGH PLAINS IV
Estimated Costs Of Irrigation Water
^ * \
Well
Distribution
Depth OPM System
350
400 side roll
s. propelled
furrow
600 side roll
s. propelled
furrow
800 side roll
s. propelled
furrow
1000 side roll
s. propelled
furrow
Per Acre Inch
P o w e r 1 / O p e r a t i n g F i x e d L a b o r L a b o r To t a l
Source Cost 2/ Cost 3/ Requirement Cost Cost
dollars dollars
hrs.
dollars dollars
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
nat.
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
gas
.83
1.20
.52
.81
1.18
.52
.80
1.16
.50
.80
1.16
.50
1.56
1.67
1.11
1.40
1.52
.96
1.32
1.44
.88
1.30
1.42
.86
.063
.022
.123
.063
.022
.123
.063
.022
.123
.063
.022
.123
.11
.04
.22
.11
.04
.22
.11
.04
.22
. 11
.04
.22
2.50
2.91
1.85
2.32
2.74
1.70
2.23
2.64
1.60
2.21
2.62
1.58
800 side roll nat. gas
s. propelled nat. gas
furrow
nat.
gas
.86
1.21
.56
1.47
1.59
1.02
.063
.022
.123
. 11
.04
.22
2.44
2.84
1.80
600 1000 side roll nat. gas
s. propelled nat. gas
furrow
nat.
gas
.89
1.24
.60
1.45
1.56
1.00
.063
.022
.123
.11
.04
.22
2.45
2.84
1.82
500
1/. LP gas as a power source can be fit into this table by increasing the
-'• ^1di:tribu1io_Usys.:"0n' malntenan" -d -1-* - -". P-Ping Plant,
11
•
™ u £ i r i z i t Ts t r t £ d
lnterest
on
investraent
f°r
weii>
* - * ■■
* llir^t by,M?rvin ?• Sarti". A">a ta Management Specialist, Texas
Agricultural Extension Service, Lubbock, Texas; 5/7i;
*-'•
_
A L FA L FA , I R R I G AT E D . H I G H P L A I N S I V 0 4 0 U 5 11 2
Estimated Costs And Returns Per Acre Of Alfalfa, High Level Management
f ^
"!:
Unit
Colt^it
1. Gross receipts, from production:
Alfalfa
ton
$
*-tity
20.00
2. Variable Costs:
Fertilizer
(0-120-80)
ac.
14
80
Tractor
(3)
hr#
14'*°
.63
L a b o r, Tr a c t o r & M a c h i n e r y h r
2.00
Labor
Irrigation
hr[
2.00
Irrigation Machinery ac. in# 1#15
Interest
on
Op.
Cap.
mo.
#085
V^ueor
8.5
$170.00
1
.2
.3
.7
33
6
Total Variable Costs
$ 57.21
3. Income Above Variable Costs
4. Fixed Costs:
Tractor
(3)
T
I rnr d^ t i ° n C h a ragce#
La
Establishment Cost
$112.79
hr.
a ±c n# #
1/ ac.
J2
6 #1 33 3?
12.45
33
1
1
.2
j ^ \ To t a l F i x e d C o s t s
$ .14
45.21
6.33
12.45
$ 64.13
5. Total Costs
$121.34
6. Net Returns to Management
#
14.80
.13
.60
1.40
37.95
2.33
$ 48.66
^
1/ Based on stand remaining seven years.
feygioP-gp-BY
Extension
Economists-Management,
TA E S ,
TA M U .
New
lg72
C.K.pcraiivc Extension Work in Agriculture and Home Economics, Texas A&M University and the llni.~. <:. . ,. ? .
AR...,d,„.e eooperat.ng. ,..stribmed in furtherance of the Aets'of Congn^oVm^T 1914.t%tnaed!^l ^^14
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 V 0 4 0 0 5 111
EStlmated Cost8> **"* Requirements Per Acre Of Alfalfa, High Level Management
operation
t-
*£»
-._
Date
Labor
«^-
Hour,
Fuel,
££.°5r£
(1)
Fertilize
3
Mar
.25
M^-sep
u
Per
Oil,
U*..
„.
Rep.
,
"S*^"
Acre
.20
Irrigation: (2)
Postplant
^
^^
(1) Labor hours calculated at 1.25 times tractor hours except where noted by *.
(2) See attached irrigation cost sheet. Assumed at 600 nm 9™ « ».
ePa7iK_-o»r
im8ati0n'
«~*
-
S5£
^ t ^ a Ta c ^ i S
Developeo by Extension EcoNOMisTs-MnNaceMEiiT. TAES, TAMU.
«»w w wo acm oi oongtev of May 8. 1914. aa amended, and June SO. 1914.
AECO 6
T"
^m^
~
04005122
ALFALFA, IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Alfalfa, Typical Management
f^
Item
Unit
Price or
Cost/Unit
1. Gross receipts, from production:
Alfalfa
ton $ 20.00
2. Variable Costs:
Fertilizer (0-100-60)
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
ac.
h r.
h r.
h r.
ac. i n .
mo.
12.00
.63
2.00
2.00
1.15
.085
6.5 $130.00
.2
.3
.5
24
6
Total Variable Costs
3.
$ 12.00
.13
.60
1.00
27.60
1.76
$ 43.09
Income Above Variable Costs
4. Fixed Costs:
Tractor (3)
Irrigation
Land Charge
Establishment Cost 1/
Value or
Cost
Quantity
$ 86.91
h r.
ac. in.
ac.
ac.
Total Fixed Costs
5 . To t a l C o s t s
6. Net Returns to Management
.72
1.37
6.20
11.84
24
1
1
.2
$
.14
32.88
6.20
11.84
$ 51.06
$ 94.15
$ 35.85
/"^
1/ Based on stand remaining seven years.
ffo-EioPEp. by Extension Economists-Management, TAES, TAMU.
AECO 6
ALFALFA.
I R R I G AT E D .
HIGH
PLAINS
IV
°5
21
Estimated Costs, And Requirements Per Acre Of Alfalfa, Typical Management
Labor
Fuel,
Oil,
__,__
n
ne
f tr-a_t ni on n„ INt qe #m Dna. tf e
_ 0
T yi m
- e^ p .F iPx ee rd Accor set s
op
e re sH o« u« r„ s- „ mT^r.a cHtro8r. oL ru b. .. ,. R
(1)
Fertilize
3
Mar
1
Per
.25
Acre
.20
Irrigation: (2)
Postplant
Mar-Sep
8
.53*
$27.60
$32.88
(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, center
eac^irrigatJoL±rri8atl0n, natUral »" PUmP±n8 Unit' ^ 3 acre^ches at
Developed by Extension Economists-Managementf TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics Texaa AfcM tin.™*-..-. _._,_< .k, it_.i._^ «. .—^
. « A g n c u h u - . c o . p c r. U n g . D l m U m u i t a „ „ « _ « , „ « * £ ? ^ S S ^ e t t S f X _ a J _ _ ! 3 ! £ _ W S T S m !
AECO 6
^ " \
04006112
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Alfalfa Establishment, High Level Management
1. No Income
2. Variable Costs:
Seed
lb.
$
.50
Fertilizer (20-120-100) ac. 17.40
Machinery
ac#
[76
Tractor
(1)
hr#
1AQ
Tractor
(2)
hr.
138
Labor, Tractor & Machinery hr. 2.00
Labor
Irrigation
hr.
2!00
Irrigation Machinery ac. in. l!l5
Interest
on
Op.
Cap.
mo.
]o85
22
1
1
.8
.9
1.9
.2
10
6
Total Variable Costs
$ 49.29
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
$ 11.00
17.40
.76
1.18
1.24
3.80
.40
11.50
2.01
$(49.29)
ac.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
5 . To t a l C o s t s
6. Net Cost of Establishment
1.70
1.72
1.19
1.37
20.00
1
.8
.9
10
1
$ 1.70
1.38
1.07
13.70
20.00
$ 37.85
$ 87.14
$ 87.14
Developed by Extension Economists-Management, TAES, TAMU.
(:«H,,Hrraiive Extension Work in Agriculture and Home Economics, Texas A&M University and the United «?,..■„._ iw w Te
A«.u,d,„re cooperating. Distributed in furtherance of the Acts of Congress oVXyT 1914. t^m^ed^and ^SbTS^ll.
AECO 6
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre
Of Alfalfa Establishment, High Level Management
Labor
Fuel,
Oil,
„o np ne „r H
A
n
I
t
e
m
n
w
i
T
i
m
e
s
u
.
„
„
T
r
a
c
t
o
r
o
r
.
.
.
a t i o n N o D a t e Q w e r H o u r s M g c h t H r 8 f L u b . R e^ p .F i Px ee rd Accor set s
(1)
Per
Acre
Moldboard
1,6,15 Jul
1
.63
.50
Tandem Disc
2,5
Aug
1
.31
Fertilize
2
Aug
1
Tandem Disc
195 Aug
Plant
2,12 Sep
.27
$ .64
.25
.18
.23
.25
.20
-
1
.31
.25
.18
.23
1
.38
.30
.13
.60
1.88
1.50
$ .76
$ 1.70
To t a l
$
'^S
I r r i g a t i o n : (2)
Preplant
Aug
1
.09*
$ 4.60
$ 5.48
Postplant
Sep-Nov
2
.13*
6.90
8.22
.22*
$11.50
$13.70
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, center
pivot 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 Ecoaomici. Texaa A&M University and the United State. Department
of Agnculture cooperating. Distributed in furtherance of the Acts of Congrea. of May 8. 1914. aa amended, and June SO. 1914.
AECO 6
/-B%
04006122
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Alfalfa Establishment, Typical Management
^em
Unit
^riCtt°5
Quantity
Cost/Unit
Va l u e
or
y
cost
x
1. No Income
2. Variable Costs:
Seed
lb.
$
.50
Fertilizer
(20-100-60)
ac.
13.60
Machinery
ac.
.76
Tractor
(1)
hr.
1.48
Tractor
(2)
hr.
1.38
Labor, Tractor & Machinery hr. 2.00
Labor
Irrigation
hr.
2.00
Irrigation
Machinery
ac.
in.
1.15
Interest
on
Op.
Cap.
mo.
.085
22
1
1
.8
.8
1.9
.2
10
6
Total Variable Costs
Total Fixed Costs
^
.76
1.18
1.10
3.80
.40
11.50
1.84
$ 45.18
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
$ 11.00
13.60
$(45.18)
ac.
h r.
h r.
ac. in.
ac.
1.70
1.72
1.19
1.37
20.00
1
10
1
.8
.8
$ 1.70
1.38
.95
13.70
20.00
$ 37.73
5 . To t a l C o s t s
$ 82.91
6. Net Cost of Establishment
$ 82.91
\
Developed by Extension Economists-Management, TAES, TAMU.
<:.M.,H...,iivt. Extension Work in Agriculture and Home Economies. Texas A&M University and the United State. Department of
A*,M tv «"!*««»»* l>'«r,buied in furtherance of the Acts of Congress of May 8. 1914. a. amended; and June 30. 11914
AECO fi
ALFALFA ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre
Of Alfalfa Establishment, Typical Management
04006121
Labor
Fuel, Oil,
n
a
f
fl
T
i
m
e
s
u
nF
, ,8- - MTar cahc.t oHr r so.r L. u b. - .RReeoP -F iPxeerd Accor es
Date Over H°U
Per Acre
(1)
Operation
Item
No.
Moldboard
1,6,15 Jul
1
.63
.50
Tandem Disc
2,5
Aug
1
.31
Fertilize
2
Aug
1
Tandem Disc
1,5
Aug
Plant
2,12 Sep
.27
$ .64
.25
.18
.23
.25
.20
-
1
.31
.25
.18
.23
1
.38
.30
.13
.60
1.88
1.50
$ .76
$ 1.70
To t a l
$
'^K
I r r i g a t i o n : (2)
Preplant
Aug
1
.09*
$ 4.60
$ 5.48
Postplant
Sep-Nov
2
.13*
6.90
8.22
.22*
$11.50
$13.70
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, center
pivot 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 Ecorwmia. 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
04045112
CASTORS, IRRIGATED, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Castors, High Level Management
Item
1. Gross receipts, from production:
Castors
Unit
cwt.
Price or
Cost/Unit
$ 5.50
Quantity
Value or
Cost
20
$110.00
.2
20
1
1
1
1.5
.8
.1
3
.8
13
.6
4
2.80
6.60
6.80
4.19
2.25
2.22
1.10
.06
6.00
1.60
10.14
5.02
1.38
$ 50.16
20
20
$ 15.00
2.00
$ 17.00
2. Variable Costs:
Pre-Harvest:
Custom Deep Break _/
Seed
Fertilizer (80-40-0)
Herbicide
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
j ^ N
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
hr.
h r.
ac. in.
$100
mo.
cwt.
cwt.
14.00
.33
6.80
4.19
2.25
1.48
1.38
.63
2.00
2.00
.78
8.36
.085
.75
.10
Total Variable Costs
$ 67.16
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
$ 42.84
ac.
h r.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
3.50
1.72
1.19
.72
1.25
14.34
1
1. 5
«8
•1
13
1
$ 3.50
2.58
.95
.07
16.25
14.34
$ 37.69
5 . To t a l C o s t s
$104.85
6. Net Returns to Management
$ 5.15
1/ Assumes deep breaking every five years.
D e v e l o p e d b y E x t e n s i o n E c o n o m i s t s - M a n a g e m e n t , TA E S , TA M U . N e w, 1 9 7 2
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agi .culture cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30, 1914.
AECO 6
04045111
CASTORS. IRRIGATED, HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Castors, High Level Management
Operation
Labor
Labor
r u e x ,F u e l , uOni l ,
I t e m „ , _ T i m e s H r t floun
t^fl Tractor or , . R__ Fixed costs
N o . D a t e O v e r H ™ r 8 M a c h . H r s . L _ub.,
_ - - . . «Rep
*P- Per Acre
Per Acre
(1)
Shred & Disc
1,4,5 Dec
Moldboard
1,6
& 15
Feb
Tandem Disc
2,5
Apply & Inc.
Herbicide
.41
.33
$ .40
$ .62
.80
.50
.40
.22
.51
Jan-Feb
1.20
.38
.30
.21
.28
5,8
Mar
2
.63
.50
.48
.62
List & Fertilize 1,9
Apr
1
.38
.30
.38
.62
Cultivate
2,13
May
1
.19
.15
.14
.18
Plant
2,9
Jun
1.25
.39
.31
.40
.65
3,14
Jun
2
.12
.10
.02
.02
3.00
2.39
$ 2.25
$ 3.50
S a n d fi g h t
To t a l
/-""\
Irrigation: (2)
Preplant
May
1
.25*
$ 3.12
$ 5.00
Postplant
Jun-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, sprinkle
irrigation, natural gas pumping unit, 4 acre-inches preplant and 3 acre-inches
at
each
postplant.
Oevelqpeo by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Hone Bamonitcs. 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 30. 1914.
AECO 6
^\
04045122
CASTORS, IRRIGATED. HIGH PLAINS IV
f^
Estimated Costs And Returns Per Acre Of Castors, Typical Management
Item
1. Gross receipts, from production:
Castors
Unit
Price or
Cost/Unit
Value or
Cost
Quantity
cwt. $ 5.50
15
$ 82.50
ac.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
h r.
.14
20
1
1
1
1.6
.8
.1
3
.6
10
.4
4
$
2. Variable Costs:
Pre-Harvest:
Custom Deep Break 1/
Seed
Fertilizer (40-0-0)
Herbicide
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
ac. in.
$100
14.00
.33
1.60
4.19
2.26
1.48
1.38
.63
2.00
2.00
.78
mo.
8.36
.085
cwt.
cwt.
.75
.10
15
15
Total Variable Costs
6.00
1.20
7.80
3.34
1.09
$ 39.57
$ 11.25
1.50
$ 12.75
$ 30.18
ac.
h r.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
5 . To t a l C o s t s
6. Net Returns to Management
^
.06
$ 52.32
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Tractor (3)
Irrigation
Land Charge
1.96
6.60
1.60
4.19
2.26
2.37
1.10
3.51
1.72
1.19
.72
1.25
11.32
1
1.6
.8
.1
10
1
$
3.51
2.75
.95
.07
12.50
11.32
$ 31.10
$ 83.42
$
(.92)
\
1/ Assumes deep breaking every seven years.
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 ^ . 9 7 2
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Dena'rtmeluTf
A«r„„l«,„c. cooperating. D.stributed in furtherance of the Acts of Congress of May 8. 1914. as amended anT« j^e 30 1014
AECO fi
04045121
CASTORS, IRRIGATED. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Castors, Typical Management
Operation
Labor
Fuel,
Oil,
I t e m n a # . _ Ti m e s H o i l - n Tr a c t o r o r , . R F i x e d c o s t s
No. Date Over H^8 Mach. Hrs. L«b-.Rep. Per Acre
(1)
Per
Acre
Shred & Disc
1,4,5 Dec
Moldboard
1,6
& 15 Jan
1
.41
.33
$ .40
$ .62
.84 .53
.42
.23
.54
1.14 .35
.29
.21
.26
Tandem Disc
2,5
Apply & Inc.
Herbicide
1,5,8 Mar
.63
.50
.48
.62
List & Fertilize 1,9 Apr
.38
.30
.38
.62
Cultivate
Jan-Feb
2,13
May
.19
.15
.14
.18
2,9
Jun
1.25 .39
.31
.40
.65
2
.12
.10
.02
.02
3.00
2.40
$ 2.26
$ 3.51
Plant
Sandfight
3,14 Jun
Total
^
I r r i g a t i o n : (2)
Preplant
May
1
.25*
$ 3.12
$ 5.00
Postplant
Jun-Aug
2
.38*
4.68
7.50
.63*
$ 7.80
$12.50
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, 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 Acts of Congress of May 8. 1914. as amended, and June 50, 1914.
AECO 6
\
04155112
SOUTHERN PEAS, IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Southern Peas, High Level Management
Item
1. Gross receipts, from production:
Peas
Price or
Cost/Unit
Unit
cwt.
$
Value or
Cost
Quantity
6.00
17
$102.00
14.00
.2
20
1
1
1
1.2
.5
2.1
.6
10
4
$
2. Variable Costs:
Pre-Harvest
Custom Deep Break 1/
Seed
Fertilizer (40-80-0)
Herbicide
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
ac. in.
mo.
ac.
cwt.
.16
8.80
4.19
1.49
1.48
1.38
2.00
2.00
.78
.085
6.00
.10
1
17
$
6.00
1.70
7.70
$ 44.87
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
.69
4.20
1.20
7.80
1.02
$ 37.17
$
Total Variable Costs
2.80
3.20
8.80
4.19
1.49
1.78
$ 57.13
ac.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
2.31
1.72
1.19
1.25
17.11
1
1.2
.5
10
1
$
2.31
2.06
.60
12.50
17.11
$ 34.58
5 . To t a l C o s t s
$ 79.45
6. Net Returns to Management
$ 22.55
1/ Assumes deep breaking every five years.
D c 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
(i.op,-raiivr Extension Work in Agriculture and Home Economics. Texas A&M University and the United StaYcs'lVc^riniciitTf
AgiiMilitm- cooperating. Distributed in furtherance or the Acts of Congress of May 8, 1914. as amended, and June 30. 1«U4.
AECO fi
04155111
SOUTHERN PEAS, IRRIGATED, HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Southern Peas, High Level Management
operation
Item
No.
Moldboard
1,6,15 Feb
Tandem Disc
2,5 Jan-Feb
Date
Labor
Fuel,
Oil,
„.
T i m e s u r t l i r. a T r a c t o r o r . . „ _ _ F i x e d c o s t s
Over H^8 Mach. Hrs. ^ub.., Rep. Per Acre
(1)
Per
Acre
.8
.50
.40
$ .20
$ .40
1.2
.38
.30
.21
.28
Mar
1
.31
.25
.24
.31
List & Fertilize 1,9 Apr
1
.38
.30
.38
.62
Cultivate
May
1
.19
.15
.14
.18
Jun
1
.31
.25
.32
.52
2.07
1.65
$ 1.49
$ 2.31
Apply & Inc.
Herbicide
Plant
1,5,8
2,13
1,9
To t a l
^ * \
Irrigation: (2)
Preplant
Jun
1
.25*
$ 3.12
$ 5.00
Postplant
Jul-Aug 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.
Developcd by Extension Economists-Manaceheht, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Emnomici. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acta of Congress of May 8, 19J4, as amended, and! June SO. 1914.
AECO 6
04155122
SOUTHERN PEAS, IRRIGATED, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Sourthern Peas, Typical Management
Item
1. Gross receipts, from production:
Peas
Unit
cwt.
Price
or
0
.
Va l u e
or
Cost/Unit ^Uan X y Cost
$ 6.00
13
$ 78.00
.14
20
1
1
1
1.2
.4
2.1
.6
10
4
1.96
3.20
6.80
4.19
1.52
1.78
.55
4.20
1.20
7.80
.94
$ 34.14
1
13
$
2. Variable Costs:
Pre-Harvest:
Custom Deep Break 1/
Seed
Fertilizer (30-60-0)
Herbicide
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
Subtotal, Pre-Harvest
jj^fcy
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
lb.
ac.
ac.
ac.
h r.
h r.
h r.
h r.
ac. in.
mo.
ac;
cwt.
14.00
.16
6.80
4.19
1.52
1.48
1.38
2.00
2.00
.78
.085
6.00
.10
$
Total Variable Costs
$ 41.44
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
$ 36.56
ac.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
^
6.00
1.30
7.30
2.43
1.72
1.19
1.25
9.90
1
1. 2
•4
10
1
$
2.43
2.06
.48
12.50
9.90
$ 27.37
5 . To t a l C o s t s
$ 68.81
6. Net Returns to Management
$ 9.19
^
1/ Assumes deep breaking every seven years
Developedby Extension Economists-Management, TAES, TAMU.
Omperaiivc Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
AKiiiitltiiie cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1014.
AECO f>
S O U T H E R N P E A S . I R R I G AT E D . H I G H P L A I N S I V 0 4 1 5 5 1 2 1
Estimated Costs, And Requirements Per Acre Of Southern Peas, Typical Management
Labor
Fuel
Oil
I 5N.oe.m u D
a
t
e
T
l
m
e
8
H
o
u
r
s
T
r
a
c
t
o
r
o
r
.
,
'
a t e O v e r H o " * 8 M a c h . H r s . L u b . , R.e p' . FPi xeer d Accor es t s
(1)
Per
Acre
Operation
Moldboard
1,6,15
Feb
.84
.53
Ta n d e m D i s c 2 , 5 J a n - F e b 1 . 1 4 . 3 5
Apply & Inc.
Herbicide
.23
.54
.29
.21
.26
Mar
1
.31
.25
.24
.31
List & Fertilize 1,9 Apr
1
.38
.30
.38
.62
Cultivate
May
1
.19
.15
.14
.18
Jun
1
.31
.25
.32
.52
2.07
1.66
$ 1.52
$ 2.43
Plant
1,5,8
.42
2,13
1,9
To t a l
^
\
I r r i g a t i o n : (2)
Preplant
Jun
1
.25*
$ 3.12
$ 5.00
Postplant
Jul-Aug
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
attach postplant?1 ^ ^^ "^ * acre-lnches PrePlant **d 3 acre-inches ^
Developed by Extension Economists-Management, TAES, TAMU.
artment
1914.
AECO 6
04170112
PERMANENT PASTURE, IRRIGATED, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Permanent Pasture, High Level Management
( * "
r ft-! -m. n .
U
_U■ .n.l .t _ • .
P or isct e/ U n i to r
C
1. Gross receipts, from production:
Grazing
AUM
$
12.00
f tQ - ^ t V
i t ay l u e
10
2. Variable Costs:
Fertilizer
(150-80-0)
ac.
19.20
Weed
Control
ac.
3.00
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
$120.00
$ 19.20
1
1
3.00
.6
.8
1.5
24
6
Total Variable Costs
1 ^
.38
1.60
3.00
18.72
1.95
$ 47.85
3. Income Above Variable Costs
4. Fixed Costs:
Tractor (3)
Irrigation
Land Charge
Establishment Cost 1/
^o r
$ 72.15
h r.
ac. in.
ac.
ac.
.72
1.25
6.00
10.29
Total Fixed Costs
.6
24
1
1
$
.43
30.00
6.00
10.29
$ 46.72
5. Total Costs
$ 94.57
6. Net Returns to Management
$ 25.43
1/ Net Cost of establishment prorated over five years.
D l v e l o h 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
(oopeKMive Extension Work in Agriculture and Home Economics. Texas A&M University and the United State. Department of
AK I,,,c ""J™""* l>.«"bu,ed in furtherance of the Acts of Congress of May 8.'1914. a, amended anTl JuKjilJ
AECO r>
operation
Fertilize
PERMANENT PASTURE, IRRIGATED, HIGH PLAINS IV 04170111
Estimated Costs, And Requirements Per Acre
Of Permanent Pasture, High Level Management
Labor
Fuel,
Oil,
.<^\
Item -~ _. Times « Tractor or , . 0__.___ Fixed costs 1
^ Date ^8 Hours ^ Hr8# Lub., Rep. Per Acre )
(1)
Per
Acre
3
Apr-Sep
3
.75
.60
Irrigation: (2)
Postplant
Apr-Sep
8
1.51*
$18.72
$30.00
/~S
(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, TAMd.
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
04170122
PERMANENT PASTURE, IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Permanent Pasture, Typical Management
Item
Unit
1. Gross receipts, from production:
Grazing
AUM
2. Variable Costs:
Fertilizer (100-60-0)
Weed Control
Tractor (3)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
ac.
ac.
h r.
h r.
h r.
ac. in.
mo.
Price or
Cost/Unit
$ 12.00
13.40
1.50
.63
2.00
2.00
.78
.085
6.5 $ 78.00
$ 13.40
1
1
1
15
6
$ 31.12
3. Income Above Variable Costs
^
^
1.50
.25
1.00
2.00
11.70
1.27
.4
.5
Total Variable Costs
4. Fixed Costs:
Tractor (3)
Irrigation
Land Charge
Establishment Cost 1/
Value or
Cost
Quantity
$ 46.88
h r.
ac. in.
ac.
ac.
.72
1.25
4.50
12.08
Total Fixed Costs
.4
15
1
1
$
.29
18.75
4.50
12.08
$ 35.62
5 . To t a l C o s t s
$ 66.74
6. Net Returns to Management
$ 11.26
1/ Net cost of establishment prorated over five years.
- 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 :.H.,K..:.iiv«. Extension Work in Agriculture and Home Economics. Texas A&M University and the United Slates Departure^.
AKiMilium- <ooj.crai.iig. Distributed in furtherance of the Acts of Congress ol May 8. 1914. as amended, and June 30. 1914.
AECO r»
PERMANENT PASTURE, IRRIGATED. HIGH PLAINS IV 04170121
Estimated Costs, And Requirements Per Acre
Of Permanent Pasture, Typical Management
Labor
Fuel,
Oil,
„J
-4 Item r,^^ Times ««.,-- Tractor or . . R_n Fixed costs
operation N Date ^ Hours ^^ Hrs# Lub., Rep. Per Acre
(1)
Per
Acre
Fertilize
3
Apr-Sep
2
.50
.40
Irrigation: (2)
Postplant
Apr-Sep
5
.95*
$ 11 . 7 0
$18.75
(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 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
PERMANENT PASTURE ESTABLISHMENT, IRRIGATED, HIGH PLAINS IV
04171112
Estimated Costs And Returns Per Acre Of Permanent
Pasture Establishment, High Level Management
^
Item
Unit
1. Gross receipts, from production:
Grazing
AUM
2. Variable Costs:
Sprigs
Fertilizer (150-80-0)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
bu.
ac.
ac.
h r.
h r.
h r.
h r.
ac. i n .
mo.
Price or
Cost/Unit
Quantity
$ 12.00
.50
19.20
.63
1.48
1.38
2.00
2.00
.78
.085
$ 36.00
24
1
1
.8
.5
1.5
1
16
6
Total Variable Costs
$ 12.00
19.20
.63
1.18
.69
3.00
2.00
12.48
2.18
$ 53.36
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
Value or
Cost
$(17.36)
ac.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
1.10
1.72
1.19
1.25
11.00
1
16
1
.8
.5
$ 1.10
1.38
.60
20.00
11.00
$ 34.08
5 . To t a l C o s t s
$ 87.44
6. Net Cost of Establishment
$ 51.44
Olveloped by Extension Economists-Management, TAES, TAMU.
<:«..|H-iaiive Extension Work in Agriculture and Home Economics, Texas A&M University and the United States Department of
Agnnili....- cooperating. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 30. 1914
AECO 6
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV 04171111
Estimated Costs, And Requirements Per Acre Of Permanent
Pasture Establishment, High Level Management
Operation
Labor
-.
Fuel,
Oil,
nj
I t e m n fl t e T i m e s H o n r A T r a c t o r o r . . P o n F i x e d c o s t s
No. Date Over Ho^8 Mach. Hrs. Lub. t Rep. Per Acre
(1)
Per
Acre
Moldboard
1,6,15 Feb
1
.63
.50
Tandem Disc
2,5
Feb
1
.31
Fertilize
2
Mar
1
Tandem Disc
1,5
Apr
1
To t a l
$
.27
$ .64
.25
.18
.23
.25
.20
-
.31
.25
.18
.23
1.50
1.20
$ .63
$ 1.10
Irrigation: (2)
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
May-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 Work in Agriculture and Home Economic*. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acta of Congress of May 8. 1914. as amended, and JuneSo"wi4
AECO 6
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Permanent
Pasture Establishment, Typical Management
Item
Unit
1. Gross receipts, from production:
Grazing
AUM
2. Variable Costs:
Sprigs
Fertilizer (100-60-0)
Machinery
Tractor (1)
Tractor. (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Interest on Op. Cap.
bu.
ac.
ac.
h r.
h r.
h r.
h r.
ac. i n .
mo.
3.
Price or
Cost/Unit
Quantity
$ 12.00
.50
13.40
.63
1.48
1.38
2.00
2.00
.78
.085
04171122
Value or
Cost
$ 24.00
24
1
1
.8
.5
1.5
1
16
6
$ 12.00
13.40
.63
1.18
.69
3.00
2.00
12.48
1.93
Total Variable Costs
$ 47.31
Income Above Variable Costs
$(23.31)
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
ac.
h r.
h r.
ac. in.
ac.
Total Fixed Costs
1.10
1.72
1.19
1.25
14.00
1
.8
.5
16.
1
$ 1.10
1.38
.60
20.00
14.00
$ 37.08
5 . To t a l C o s t s
$ 84.39
6. Net Cost of Establishment
$ 60.39
Developed by Extension Economists-Management, TAES, TAMU.
<:,H.,H-.:.tive Exiension 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.
AECO fi
PERMANENT PASTURE ESTABLISHMENT. IRRIGATED. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Permanent
Pasture Establishment, Typical Management
operation
04171121
Labor
Fuel,
Oil,
__.__
.
Item ,- __ Times « Tractor or . . «„.. Fixed costs
4«~ Date ££• Hours ^ „r8 Lub. Rep. per Acre
(1)
Per
Acre
Moldboard
1,6,15 Feb
1
.63
.50
Tandem Disc
2,5
Feb
1
.31
Fertilize
2
Mar
1
Tandem Disc
1,5
Mar
1
To t a l
.27
$ .64
.25
.18
.23
.25
.20
-
.31
.25
.18
.23
1.50
1.20
$ .63
$ 1.10
$
Irrigation: (2)
Preplant
Apr
1
.25*
$ 3.12
$ 5.00
Postplant
May-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 /_-_5^
at
each
postplant.
^
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economirs. 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 SO. 1914.
AECO 6
04225112
WHEAT, IRRIGATED. HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Wheat, High Level Management
Item
Price or
Cost/Unit
Unit
1. Gross receipts, from production:
Grain
Grazing
To t a l
bu.
AUM
$ 1.30
12.00
Value or
Cost
Quantity
35 $
1.5
45.50
18.00
$ 63.50
.2
1.2
1
1
.8
.5
1.5
1
16
.2
8
$
2. Variable Costs:
f^
Pre-Harvest:
Custom Deep Break 1/
Seed
Fertilizer (50-0-0)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
ac.
bu.
ac.
ac.
h r.
h r.
h r.
h r.
ac. in,
$100
mo.
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
bu.
14.00
2.50
2.00
.65
1.48
1.38
2.00
2.00
.78
10.20
.085
3.75
.05
1
35
.69
3.00
2.00
12.48
2.04
1.69
$ 31.53
$
3.75
1.75
5.50
$ 37.03
3. Income Above Variable Costs
Fixed Costs:
Machinery
Tractor
Tractor
Irrigation
Land
.65
1.18
$
Total Variable Costs
2.80
3.00
2.00
(1)
(2)
ac.
Charge
$ 26.47
ac.
br.
hr.
ac.
in.
1.12
1.72
1.19
1.25
2.67
1
16
1
.8
.5
Total Fixed Costs
$
1.12
1.38
.60
20.00
2.67
$ 25.77
5 . To t a l C o s t s
$ 62.80
6. Net Returns to Management
$
7. Government Payment ($1.57/bu x yield less rent)2/
$ 36.67
8. Net Return Including Government Payment
$ 37.37
.70
1/ Assumes deep breaking every five years.
2/ Based on planted acres. No allowance is made for required set-aside
acreage of 75%.
Developed by Extension Economists-Management, TAES, TAMU.
Cooperative Extension Work in Agriculture and Home Economics, Texas A&M University and the United States DcpartnicmTf
Agiiiiiltiiie ".operating. Distributed in furtherance or the Acts of Congress of May 8. 1914. as amended, ami June 30. 1914.
AECO f.
04225111
WHEAT, IRRIGATED, HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Wheat, High Level Management
Labor
Fuel,
Oil,
Item Times >. Tractor or . . « Fixed costs
operation xg~ Date ™ Hours «« Hrs- Lub. Rep. per Acre
(1)
Ta n d e m
Disc
Fertilize
Ta n d e m
P1*nt
2
1,5
Aug
Disc
2,12
To t a l
Jul 2 2
1,5
Sep
1.50
Per
.63
.63
. .50
50
1
.25
.20
A1u g
1
.31
. 3.25
1
1 1
1.20
/~%
Acre
$ $
..36
36
$
.46
-
. 2 5 .18 . 1 8
.31. 3 1
.25 . 2 5
.11. 1 1
$
.65
$
.23
.43
1.12
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
Postplant
Oct-Apr
4
.76*
Total
1.01*
$
3.12
9.36
$12.48
$
5.00
15.00
$20.00
(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, 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 Acts of Congress of May 8, 1914. as amended, and June 50. 1914.
AECO 6
04225122
WHEAT, IRRIGATED, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Wheat, Typical Management
Item
Gross receipts, from production:
Grain
Grazing
To t a l
Unit
Price
or
Cost/Unit
bu
AUM
$ 1.30
12.00
ac.
bu.
ac.
ac.
h r.
h r.
h r.
h r.
14.00
2.50
1.60
_
.
Va l u e
or
an 1 y Cost
30 $
1.5
39.00
18.00
$ 57.00
.14
1.2
1
1
.8
.5
1.5
.8
13
.2
8
$
1
30
$
2. Variable Costs:
Pre-Harvest:
Custom Deep Break 1/
Seed
Fertilizer (40-0-0)
Machinery
Tractor (1)
Tractor (2)
Labor, Tractor & Machinery
Labor Irrigation
Irrigation Machinery
Crop Insurance
Interest on Op. Cap.
Subtotal, Pre-Harvest
Harvest:
Combine
Haul
Subtotal, Harvest
ac. in.
$100
.65
1.48
1.38
2.00
2.00
.78
mo.
10.20
.085
ac.
bu.
3.50
.05
.69
3.00
1.60
10.14
2.04
1.47
$ 27.33
3.50
1.50
5.00
$ 32.33
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor (1)
Tractor (2)
Irrigation
Land Charge
.65
1.18
$
Total Variable Costs
1.96
3.00
1.60
$ 24.67
ac.
h r.
h r.
ac. in.
ac.
1.12
1.72
1.19
1.25
3.80
Total Fixed Costs
1
.8
.5
$
1.12
1.38
.60
13
1
15.25
3.80
$ 23.15
5 . To t a l C o s t s
$ 55.48
6. Net Returns to Management
$
7. Government Payment ($1.57/bu x yield less rent)2/
$ 31.42
8. Net Return Including Government Payment
$ 32.94
1.52
1/ Assumes deep breaking every seven years.
2/ Based on planted acres. No allowance made for set-aside acreage of 75%.
Developeo^by Extension Economists-Management, TAES, TAMU.
New, 1972
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department of
AgiiMilhne cooperating. Distributed in furtherance of the Acts of Congress of May 8, 1914, as amended, and June 30. 1914.
AECO r>
04225121
WHEAT, IRRIGATED. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Wheat, Typical Management
Operation
Labor Fuel, Oil, __,. .
I t e m n * t - _ » T l m e s H o u r * 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"b •• ***' Per Acre
Tandem Disc
1.5
Jul
2
.63
.50
$ .36
Fertilize
2
Aug
1
.25
.20
-
Tandem Disc
1,5
Aug
1
.31
.25
.18
.23
Plant
2,12
Sep
1
.31
.25
.11
.43
1.50
1.20
$ .65
$ 1.12
(1)
To t a l
Per
^
\
Acre
$ .46
I r r i g a t i o n : (2)
Preplant
Aug
1
.25*
$ 3.12
$ 5.00
Postplant
Oct-Apr
3
.57*
7.02
11.25
.82*
$10.14
$16.25
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, sprinkler
irrigation, natural gas pumping unit, 4 acre-Inches preplant and 3 acre-inches
at
each
postplant.
^^\
Developed by Extension Economists-Manacement, TAES, TAHU.
Cooperative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States Department
of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 8.1914. as amended, and June 80. 1914.
AECO 6
04225212
WHEAT, DRYLAND, HIGH PLAINS IV
Estimated Costs And Returns Per Acre Of Wheat, Typical Management
Item
Unit
1. Gross receipts, from production:
Grain
Grazing
To t a l
bu.
AUM
Price or
Cost/Unit
$ 1.30
12.00
Value or
Cost
Quantity
12
.4
$ 15.60
4.80
$ 20.40
.5
$
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.
Harvest:
Combine
Haul
Subtotal, Harvest
ac.
bu.
2.50
.53
1.48
1.38
2.00
11.15
.085
1
.5
.4
1.1
.1
8
$
3.00
.05
1
12
$
$
Total Variable Costs
(1)
(2)
Charge
3.00
.60
3.60
$ 10.35
3. Income Above Variable Costs
4. Fixed Costs:
Machinery
Tractor
Tractor
Land
1.25
.53
.74
.55
2.20
1.12
.36
6.75
$ 10.05
ac.
hr.
hr.
ac.
.96
1.72
1.19
5.60
Total Fixed Costs
1
.5
.4
$
.96
.86
.48
5.60
$
7.90
1
5 . To t a l C o s t s
$ 18.25
6. Net Returns to Management
$
7. Government Payment ($1.57/bu x yield less rent)l/
$ 12.56
8. Net Return Including Government Payment
$ 14.71
2.15
JL/ Based on planted acres. No allowance is made for required set-aside acreage
of 75%,
Developed by Extension Economists-Management, TAES, TAMU.
CoojHiative Extension Work in Agriculture and Home Economics. Texas A&M University and the United States -New-^.1972
Department of
Agiinilime coopciating. Distributed in furtherance of the Acts of Congress of May 8, 1914. as amended, and June 30. 1914.
AECO f>
04225211
WHEAT, DRYLAND. HIGH PLAINS IV
Estimated Costs, And Requirements Per Acre Of Wheat, Typical Management
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°?" Mach. Hrs. L^.,Rep. Per Acre
(1)
Per
Acre
Tandem Disc
1,5
Jul
Chisel
2,13
Jul
Tandem Disc
1,5
Aug
Plant
2,12
Sep
To t a l
1
.31
.25
.16
1
1
.5
.18
.23
.13
.06
.07
.31
.25
.18
.23
.31
.25
. 11
.43
1.09
.88
.53
$ .96
$
$
(1) Labor hours calculated at 1.25 times tractor hours except where noted by
^
Developed by Extension Economists-Management, TAES, TAMU.
of Agriculture cooperaung. Distributed in furtherance of the Acts of Congress of May 8. 1914. as amended, and June 80. 1914.
AECO 6