TEXAS HIGH PLAINS I
r
FOREWORD
The enterprise budgets for Texas High Plains
I Region arc based on estimates of yields, produc
tion input quantities, and production practices
which represent the best judgment of local produc
ers, county Extension agents-agriculture, financial
institution representatives, farm machinery dealers
and others knowledgeable of the area. Variation
in yields, production inputs and production prac
tices should be expected for particular farms.
Budgets for all major crops produced in the
area are included for two levels of management,
when applicable. Crop yields are directly related
to levels of management. These differences are due
largely to timing of operational practices which
may not be evident in the budgets.
The machinery inventory is applicable to both
typical and high level management. In some bud
r
gets custom rates, primarily harvesting, were used
in lieu of the assumption that harvesting equip
ment was owned.
Budgets for establishing permanent type pasture
grasses were prepared and used for prorating estab
lishment costs in the respective pasture and hay
budgets. Forage crops include expenses only be
cause it is expected that the income will be derived
from livestock enterprises.
Land charges were based on the customary land
lord's crop share less his proportionate share of
certain production and harvesting inputs and a per
centage of fixed cost on the irrigation system when
applicable. A per acre land charge was made when
crop share was not used.
TEXAS HIGH PLAINS I REGION
Assumed Prices Paid and Received by Farmers _]_/
tern
Unit
Price
Seed
Grain Sorghum
Soybean
Wheat (cleaned and treated)
Alfalfa
Corn (for grain)
Corn (for si I age)
Forage Sorghum
Sugar Beets
cwt.
cwt.
bu.
cwt.
cwt.
cwt.
cwt.
cwt.
$ 40.00
10.00
7.00
175.00
95.00
75.00
32.00
60.00
Custom rates
Combining soybeans
Combining wheat (dryland)
Combining wheat (irrigated)
Combining grain sorghum (dryland)
Combining grain sorghum (irrigated)
Sugar beets (harvest and haul)
Hay harvest, Swath, bale, haul
Corn (harvest and haul)
Drying corn
acre
acre
acre
acre
cwt.
ton
bale
bu.
bu.
12.00
7.50
12.00
7.50
.30
3.00
.60
.50
.10
Hauling
Grain sorghum
Soybeans
Wheat
Chemical spraying (aerial)
cwt.
bu.
bu.
acre
.20
.20
.15
2.50
Fuel and lubricants
Gasoli ne
L . P. g a s
Diesel fuel
M o t o r o i l ( h e a v y d u t y, d e t e r g e n t
gal
gal
gal
gal
.40
.35
.40
2.40
FertiIi zer (bulk)
Nitrogen (anhydrous)
Nitrogen (granular)
Phosphorous
Labor (except hoeing) ^
Labor (hoeing)
lb.
lb.
lb.
hour
hour
. 16
.30
.30
2.75
2.25
Prices paid (1976)
-2-
I tern
Chemicals
Pre-emergence herbicide
Methyl parathion
Ma lath Ion
Land Lease (cash rent)
HaiI insurance
Wheat
Corn
Grain Sorghum
Interest
Capital
Operating
Unit
Price
5 gal
gal .
gal .
acre
$140.00
5.25
I I .00
50.00
$100
$100
$100
8.00
8.00
8.00
.08
.10
Prices received (1976)
Wheat
Grain Sorghum
Alfalfa hay (standing In field)
Forage sorghum hay (baled)
Ensilage (corn) standing in field
Pasture grazing
Corn (grain)
Soybeans
Sugar beets (14$ sugar)
bu.
cwt.
ton
ton
ton
lb. galn
bu.
bu.
ton
3.75
4.50
40.00
45.00
15.00
.20
2.70
5.00
35.00
_/ These price assumptions are not to be interpreted as predicitons or
prospective prices.
^
)
1
^
TEXAS HIGH PLAINS I REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor - 100 HP
Tractor - 85 HP
Tractor - 45 HP
Pickup - 1/2 ton
Rolling cultivator - 20 feet
Chisel - 13 feet
Float - 7 feet
Lister-planter - 20 feet
Tandem disc - 13 feet
Offset disc - 13 feet
Grain drill - 16 feet
Shredder - 13 feet
Rod weeder - 20 feet
Harrow - 16 feet
Herb sprayer - 30 feet
Tool bar - 24 feet
Lister 6R - 20 feet
Purchase
Price
$12,350
9,410
4,120
5,100
2,000
940
1,760
2,120
1,650
2,350
1,880
1,650
380
350
590
235
1,000
Estimated
Years of Use
5
8
12
3
8
8
10
8
8
8
10
8
5
12
10
12
8
Estimated
Hours of Use
5000
6400
7200
2100
1600
1600
1000
1000
1600
1600
1200
1000
1200
1596
2000
2004
1600
Fixed Costs
Per Hour
Variable Co-:
Per Hour
$2.43
1.91
.95
2.02
1.72
.81
2.73
2.91
1.42
2.02
2.42
2.28
.35
.37
.45
.20
.86
$4.28
3.11
1.93
3.37
.94
.26
.71
1.19
.45
.67
.68
.80
.14
.10
.13
.05
.27
-4CORN FOR GRAIN, SPRINKLER IRRIGATED, TEXAS HIGH PLAINS 1 RFG
ESTIMATED COSTS AND RETURNS PER ACRF
TYPICAL MANAGEMENT
UNIT
GROSS RFCFIPTS FRCM PRODUCTION
CORN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FFRT{ 150-40-0)
HERBICIDE
INSFCTICIDF
INSFCT. APPLI.
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LA80R(TRACTOR £ MACHINERY)
LABOR(IRRIGATION)
INTEREST CN OP. CAP.
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
CUSTOM DRYING
SUBTOTAL, HARVEST
BU.
LBS.
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HCUR
HOUR
DOL.
PRICF OR
C O S T / U N I T QUANTITY
2.70
125.00
- 111 * 2 0
$ 337.5^
0.95
37.20
6.75
5.50
2.50
3.36
4.23
39.20
2.75
2.75
0.10
25.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
2.38
3.00
38.32
23.75
3 7.20
6.75
5.50
2.50
3.36
4.23
39.20
6.54
3.25
2*22
S 1 4 1 . 11
BU.
BU.
BU.
0.20
0.12
0.10
$
125.00
125.00
125.00
25.00
15.00
$
TOTAL VARIABLF CCST
_______
52.50
$ 193.61
3. INCOME ABOVF VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND ( NET RENT)
TOTAL FIXED COSTS
VALUF OR
COST
* 143.89
$
ACRE
ACRE
ACRE
ACRE
3.37
2.43
52.40
33.80
1.00
1.00
1.00
1.00
5. TOTAL COSTS
3.37
2.43
52.40
—22:22
* ^2.01
* 285.62
6. NET RETURNS
$ 51.88
LAND CHARGE BASED ON $60 LESS 50 % OF IRRIGATION FIXED COSTS,
PROJECTED, 1976
GIC
N R fiI C
i EI R V
I GE-C T.
L E VQE LE Q
5 ULI P.
AND
A SQ
S 2 M G M T. C O D F _
M A rCHHT.V n
CM
OD
MEP.N T_^_To ILRSIFG . i ZS~YQS TREFM
J JP
C OCMLP.
ANNUAL
C A P I TA L
MONTH
9
*
~~
THE TFXl INPUT CAPOS STORED WITH THIS BUDGET AR F AS FOLLOWS:
RFIX
0
0
33.800
1.000
END*
0
0
0.0
0.0
D AT E P R I N T E D : 1 2 / 0 3 / 7 5
-5-
C fl R N F O P G R A I N , S P R I N K L E R I R R I G AT E D , T ^ X A S H I G H P I A I N S I R F G H l f
ESTIMATED COSTS AND RFTURNS PER ACRI
TYPICAL MANAGEMENT
OPFRATION
SHREDDER
PICKUP
OFFSET DISC
PICKUP
ROLL IMG CULT .
PICKUP
ROD WEFDFR
LISTFP-PLANTER
HFRB SPRAYER
F r R T. A P P L I , R E N T D
PICKUP
PICKUP
PICKUP
PTCKUP
PICKUP
TOTAI S
FUFLfOILi FIXED
I T F M T I M E S L A B O R M A C H I N E L O B . , R E P. C O S T S
N O . D AT E O V E R H O U R S H O U R S P p R A C R F P ^ R A C R r
1,53
10
1,49
10
3,31
10
3,55
1,45
61
5,86
10
10
10
10
10
L.OO 0.245 0.163
0. 97
JAN
JAN
0.1 J 0.12 5 0.100
0. 34
2.00 0.4 7!
0.319
1.85
MAR
MAR
0.10 0.125 0.100
0. 3 4
APR
1.00 0.181 0.121
J. 56
APR
0.10 0.125 0.100
0. 3 4
M AY
1.00 0.146 0.0 93
0.38
0.9 7
M AY
1.00 0.231 0.154
M AY
1.00
0.0
0.121
0.02
1.00 0.097 0.064
0.15
M AY
M AY
0.10 0.125 0.100
0.34
JUNE 0.10 0.12 5 0.100
0.34
J U LY 0 . 1 0 0 . 1 2 5 0 . 1 0 0
0.34
AUG 0.10 0.125 0.100
0.34
SFPT 0.10 _£____ ______ _____
2.378
1.839
7.59
0.85
0.2 )
1.57
0.2H
0.4°
0.20
0.26
0.90
0.06
0.07
0. lo
0 . 20
0 . 20
0.20
-2:22
5.3!
LAND CHARGE BASED ON $60 LFSS 50 % GF IRRIGATION FIXED COSTS
PROJECTED, 1976
B U D G E T I D E N T I F I C AT I O N N U M B E R 7 2 0 0 1 5 0 2 1 7 0 0
A N N U A L C A P I TA L M O N T H 9
-6OOKN Fnp GRAIN. SPI
I R R I G AT E D , T E X A S H I G H P L A I N S 1 R F G I O I
E S T I M AT F D C O S T S A M D R ' F T U P N S P E R A C » E
HIGH LEVL MANAGEMENT
PRICE OR
UNI T COST/UNIT QUANT ITY
GROSS RECEIPTS FROM
C OR N
T O TA l
VA L U E O R
COST
PRODUCTION
BU.
2.70
I 40.0^
_______
4 3 78.00
0 . ° 5
43.60
6.75
5.50
2.50
3.35
3.8 7
47.04
2.7 5
2.75
O.IO
2 5.00
1.00
1.0 0
l.OO
1.00
1.0 0
l.OO
1.00
2.23
3.60
41.96
23. 75
43.60
6. 75
5. 50
2.50
3.35
3.37
4 7.04
6.14
9. on
0.20
0. I 2
0.10
I 4 0.00
140.00
140.0 0
VAR I ATIE COSTS
PRFHARVFST
SEEO
FERT( 180-40-0)
HE«8IC IDE
INSFCTIC IDE
I N S E C T. A P P L I .
MACHINERY
T R A C TO R S
I R R I G AT I O N M A C H I N E R Y
LABOR(TRACTOR £ MACHINFRY)
LABOR! I PR IGATI 0M>
I N T E R E S T C N C P. C A P.
LBS.
ACRF
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
S U B T O TA L , P R E - H A R V E S T
H A RV E S T C O S T S
C U S TO M C O M B I N E
C U S TOM H A N I
CUSTOM DRYING
S U B T O TA L ,
BU.
BU.
BU.
HARVEST
TOTAL VARI ABIE COST
_x2_
% 156.59
28 .00
L6 .80
_______
$ 58.80
*
3. INCOME ABOVE VARIABLE COSTS
215.39
$ 162.61
4 . FIXED COSTS
MACHINERY
TRACTORS
IRP IGATIQN MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
3.34
2.21
6 2.88
28.56
1.00
3.34
2.21
1.00
1.00
l.oo
62.38
*
5 . T O TA L C O S T S
6. MET RFTURNS
—22*22
96.9P
$
312.37
*
65
.63
L A N D C H A R G E B A S F D O N * 6 0 L E S S 5 J * O F I R R I G AT I O N F I X F D C n S T S ,
PROJECTED, 1976
" M A C H . C O M P. _ 1 I R I G . S Y S T E M 2 P R I C E V E C T. Q E Q U I P. C O M P. n
-2
THE TFXI INPUT CAPOS STORED WITH THIS 3UDGFT AR F AS FOLIOWS'
HFIX
0
0
28.560
I.000
END*
0
0
0.0
0.0
O AT F P R I N T E D : 1 2 / 0 3 / 7 5
(_*r_TYr^
FNTFRPKISE
Z2-A
«EGION
_1
IRIG.
LEVEL
2
LAND
CLASS
0
M G M T.
CODE
1
-7-
C O R N F O R G R A I N , S P R I N K L E R I R R I G AT E D , T E X A S H I G H P L A I N S
E S T I M AT E D C O S T S A N D R E T U R N S P E P A C R F
HIGH LEVEL MANAGEMENT
OPERAT ION
SHREDDFR
PICKUP
OFFSET DISC
PICKUP
R O L L I N G C U L T.
PICKUP
LI STER-PLANTFR
H E R B S P R AY F P
F F R T. A P P L I , R E N T D
PICKUP
PTCKUP
PICKUP
PICKUP
PICKUP
T O TA L S
I TEM
NO.
1,53
10
1,49
10
3,31
10
1 ,45
61
5,86
10
10
10
10
10
D AT E
JAN
JAN
MAR
MAR
APR
APR
MAY
MAY
MAY
MAY
JUNF
J U LY
AUG
SEPT
TIMFS
OVFR
LABOR MACHINE
H OU R S
HOURS
L.OO
0.10
2.00
0.10
1.00
0.10
1.00
1.00
1.00
0.10
0.10
0.10
0 .10
0.10
0.245
0.125
0.478
0. 125
J . 181
0.125
0.231
0 . u
0.097
0.12 5
0.125
0.125
0.125
0. L63
0.100
0.319
0. LOO
0. 121
0. 100
0. 154
0. 121
0.064
0.100
0.100
0. 100
0. 100
___ia_
2.231
I RFGinh
FIXED
FUEL, OIL,
COSTS
LUB. , REP.
PER ACRF PER AC.pf
r» 97
0. Rr>
0.20
1.57
0.20
0.48
0 . 20
O.00
0.06
0.07
0.20
0.20
0.20
0.20
______
0.34
1.85
0.34
J.56
0.34
0.97
0.02
0. 15
0.34
0.34
0.34
0.34
_____
___Z_
1. 741
7.21
5.^5
LAND CHARGE BASFD ON $60 LESS 50 % OF IRRIGATION FIXFD COSTS,
PROJECTED,
BUDGET IDENTIFICATION NUMBER— - 7 2 0 0 1 5 0 1 1 7 0 0
ANNUAL CAPITAL MONTH 9
1976
-8CORN FOP GRAIN, FURROW IRRIGATE D t T E X A S H I G H P L A I N S L R E G I O N
FSTIMATFD COSTS AND RETURNS PER ACRF
TYPICAL MANAGEMENT
UNIT
PRIC.F OR
COST/UNIT QUANTITY
VALUE OR
COST
L. GROSS RFC EI PTS FROM PRODUCTIGN
CORN
TOTAL
BU.
VARIABLE COSTS
PREHARVEST
SEFD
FERTI 150-0-0)
HFR3ICIDE
INSECTICIDE
I N S E C T. A P P L I .
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORITRACTOR £ MACHINFRY)
LABOR!IRR IGATION)
INTEREST CN OP. CAP.
SUBTOTAL, PRF-HARVEST
harvest costs
custom ccmrine
custom haul
custom drying
subtotal,
LBS.
ACREACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HCUR
DOL.
2.70
11 0 . 0 ^
_______
$ 297.00
0.9 5
24.00
6.75
5.50
2.50
5.35
9.64
21.34
2.75
2.75
0.10
25.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
4.9 2
4.40
41.47
23.75
24.00
6. 75
5.50
2.50
5.35
9.64
21.34
13.54
12. 10
BU.
BU.
BU.
HARVEST
0.20
0.12
0.10
11 0 . 0 0
11 0 . 0 0
11 0 . 0 0
TOTAL VAPIABLE COST
$
22.00
13.20
_______
$ 46.20
* 174.31
3. INCCME ABOVE VARIABLE COSTS
$ 122.19
4. FI XFD COSTS
MACHINFRY
TRACTORS
IPRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXFD COSTS
ACRF
ACRE
ACRE
ACRE
7.6 3
5.79
3 5.20
42.40
$
1.00
1.00
1.00
1.00
5. TOTAL COSTS
7.68
5.79
35.20
_______
$ 91.07
$ 265.83
6. NET RETURNS
LAND CHARGE BASED ON $60 LESS 50
_*1_
$ 12 8.61
$
31.12
35 OF IRRIGATION FIXED COSTS,
PROJFCTED, 1976
COUNTY _2 ENTERPRISE _2__ REGION 01
MACH. COMP. __ IRIG. SYSTEM i_ PR ICE vIRIG. LEVEL _ LANC CLASS 0 MGMT. CODE 2
V E C T. Q E Q U I P. C O M P. _ 2
A N N U A L C A P I TA L M O N T H 9
THE TEX1 INPUT
RFIX
0
0
END*
0
0
D AT E P R T N T F D :
CAPDS STORFD WITH THIS
42.400
1.000
0.0
o. o
12/03/75
BUDGET ARE AS FOLLOWS
CORN FOP GRAIN, »=URRQW IRPIGATED, TEXAS HIGH PLAINS I REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
OPERAT ION
SHREDDER
TANDEM D I S C
TANDEM D I S C
PICKUP
I TEM
NO.
It 53
47
3,47
10
1, o
HARROW
PICKUP
PICKUP
OFFSET O I S C
TANDEM D I S C
PICKUP
F L O AT
LT S T E R 6 - R
PICKUP
ROD WFEDER
L I S T E R -- P L A N T F R
H E R B S P R AY E R
PTCKUP
R O L L I N G C U L T.
TOOL BAR
PICKUP
PICKUP
PICKUP
PICKUP
P ICKUP
57
10
10
1,49
3,47
10
3,39
1 ,65
10
3,55
1,45
61
10
3,31
3,63
10
10
10
10
10
D AT E
NOV
NOV
NOV
NOV
DEC
DEC
DEC
JAN
EFq
FEB
FEB
MAR
MAR
MAR
APR
APR
APR
APR
MAY
MAY
MAY
JUNE
J U LY
AUG
SEPT
LABOR MACHINE
HOURS
HOURS
I .00
1.00
1.00
0.10
1.00
1.00
0.10
0.10
1 .00
1.00
0.10
2.00
1.00
0 .10
1.00
1.00
1.00
0.245
0 . 0
0.239
0.125
0 . 0
0 . 0
0.125
0.125
0.2 39
0.2 39
0.125
1.759
0.146
0.125
0. 146
0.231
0 . 0
0. 125
0.181
0.122
0.125
0.125
0.125
0.125
0.163
0. 159
0.159
0.100
0.0
0. 139
0. 100
0. 100
0.159
0. 159
0.100
1.173
0.098
0. 100
0.098
0.1*4
0.121
0. 100
0.121
0.081
0. 100
0.100
0.100
0. 100
0.9 7
0.07
0.67
0 . 3 4
0 . 0
0.01
0.34
0.34
0.92
0.67
0.34
5.21
0.53
0.34
0.33
0.97
0.02
0.34
0.56
0.31
0.34
0.34
0.34
0.34
0.35
0.2 3
0.59
0.20
0 . 0
0.05
0.20
0.20
0.79
0.5 0
0.20
5.39
0.37
0.20
0.26
0.90
0.06
0.2O
0.48
0.20
0. 20
O.20
0.20
0.2O
J1:LZ2
______
_____
___2_
4.923
3.334
14.99
13.47
o.io
1.00
I .00
O.LO
0.10
0.10
0.10
0.10
T O TA L S
LAND CHARGE
RASED ON
FIXFD
FUFL,OIL,
COSTS
L U B . , R E P.
PFR ACRF PER ACRE
TIMES
OVER
$60 LESS 50
% C F I R R I G AT I O N F I X E D C O S T S ,
PROJECTED, 1976
B U D G E T I D E N T I F I C AT I C N N U M B E R 7 2 0 0 1 6 0 2 11 0 0
A N N U A L C A P I TA L M O N T H 9
-10CORN FOR GRAIN, FURROW IRRIGATED, TEXAS HIGH PLAINS 1
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
UNIT
I. GROSS RECEIPTS FRCM PRODUCTION
CORN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FFRT( 180-0-0)
HERBICIDE
INSECTICIDE
INSFCT. APPLI.
MACHINERY
TRACTORS
IRR IGATION MACHINERY
LABORITRACTOR £ MACHINFRY)
LABOR( IRRIGATION)
INTEREST ON OP. CAP.
BU.
LBS.
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HCUR
DOL.
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
CUSTOM DRYING
SUBTOTAL, HARVEST
REGION
PRICE OR
C O S T / U N I T QUANTITY
2.70
140.00
_______
$ 378.00
0.95
36.45
6.7 5
5.50
2.50
5.40
10.6 3
25.22
2.75
2.75
0.10
25.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
5.21
5.20
48.97
23.75
36.45
6. 75
5.50
2.50
5.40
10.63
25.22
14.34
14.30
___Q
$ 149.73
0.20
0.12
0.10
140.00
140.00
140.00
$
BU.
BU.
BU.
TOTAL VARIABLF COST
28.00
16.30
_______
$" 5 8 . 8 0
$ 203.53
3. IMCOMF ABOVF VARIABLE COSTS
$ 169.47
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FT XFO COSTS
VALUE OP
COST
$
ACRE
ACRE
ACRE
ACRE
7.83
6.36
41.60
39.20
1.00
1.00
1.00
1.00
5. TOTAL COSTS
7.83
6.36
41.60
_______
.$" 9 4 . 9 9
$ 303.53
6. NET RETURNS
$
74.47
LAND CHARGE BASFD ON $60 LESS 50 S OF IRRIGATION FIXED COSTS,
PROJECTED, 1976
MA
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A N N U A L C A P I TA L M O N T H 9
THE TFX1 INPUT CARDS STORED WITH THIS BUDGFT ARE AS FOLLOWS*
RFIX
0
0
39.200
1.000
FND*
0
0
0.0
0.0
D AT E P R I N T F D : 1 2 / 0 3 / 7 5