r
TEXAS HIGH PLAINS III
FOREWORD
r
r
The enterprise budgets for Texas High Plains
III Region are based on estimates of yields, pro
duction input quantities, and production practices
which represent the best judgment of local produc
ers, county Extension agents-agriculture, financial
institution representatives, farm marchinery dealers
and others knowledgeable of the area. Variation
in yields, production inputs and production prac
tices should be expected for particular farms.
gets custom rates, primarily harvesting, were used
in lieu of the assumption that harvesting equip
ment was owned.
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
Land charges were based on the customary land
lord's crop share less his proportionate share of
certain production and harvesting inputs and a
percentage of fixed cost on the irrigation system
when applicable. A per acre land charge was made
when crop share was not used.
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.
TEXAS HIGH PLAINS I I I REGION
Assumed Prices Paid and Received by Farmers \J
I tern
Unit
Price
Prices paid (1976)
Seed
Cotton (delinted)
Grain Sorghum
Soybean
Wheat (cleaned and treated)
Alfalfa
Corn
Forage Sorghum
Pasture Seed
Southern Peas
Custom Rates
Cotton (harvest and hau!)
Combining soybeans
Combining wheat (dryland)
Combining wheat (irrigated)
Combining grain sorghum (dryland)
Combining grain sorghum (irrigated)
Combining southern peas
Corn, harvest, including haul
Drying corn
HauIing
Grain sorghum
Soybeans
Wheat
Southern peas
Chemical spraying (aerial)
Cotton ginning
Fuel and lubricants
Gasoline
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
FertiIizer (buIk)
Nitrogen (anhydrous)
Nitrogen (granular)
Labor (except hoeing & Irrigation)
Labor (irrigation)
Labor (hoeing)
cwt.
cwt.
cwt.
bu.
cwt.
cwt.
cwt.
lb.
cwt.
35.00
40.00
cwt.
acre
acre
acre
acre
cwt.
acre
bu.
bu.
I .00
12.00
7.50
12.00
7.50
.35
7.50
.50
.10
cwt.
bu.
bu.
cwt.
acre
cwt.
.20
.20
.15
.20
2.50
1.25
ga I .
gal .
gal .
gal .
.40
.35
.40
2.40
lb.
lb.
hour
hour
hour
. 16
.30
2.75
2.75
2.25
10.00
7.00
75.00
95.00
32.00
2.00
55.00
-2-
tem
ChemicaIs
P r e - e m e r g e n c e h e r b i c i d e Tr e fl a n
Methyl parathion
Ma lath ion
Land Lease (cash rent)
Genera I
Hai I i nsurance
Wheat
Cotton
Corn
Interest
Capital
Operati ng
Unit
Price
5 gal
gal .
gal .
140.00
5.25
I I .00
acre
50.00
$100
$100
$100
8.00
12.00
8.00
.08
.10
$
$
Prices received (1976)
Cotton
Cottonseed
Wheat
Grain Sorghum
A l f a l f a h a y ( s t a n d i n g i n fi e l d )
E n s i l a g e ( c o r n ) s t a n d i n g i n fi e l d
Pasture grazing
Corn (grain)
Soybeans
Southern Peas
lb. lint
ton
bu.
cwt.
ton
ton
lb. gain
bu.
bu.
cwt.
.40
90.00
3.75
4.50
40.00
15.00
.20
2.70
5.00
15.00
1/ These price assumptions are not to be interpreted as predictions or
prospective prices.
'
TEXAS HIGH PLAINS III REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor - 120 HP
Tractor - 100 HP
Tractor - 45 HP
Pickup - 1/2 ton
Rolling cultivator 6R - 20 f e e t
MB Plow 4B - 5.3 feet
Chisel - 13 feet
Float - 7 feet
Tandem disc - 13 feet
Grain drill - 16 feet
Shredder 4R - 13 feet
Sandfighter - 20 feet
Clod buster - 5.5 feet
Herb sprayer - 24 feet
Tool bar - 20 feet
Lister 8R - 27 feet
Lister plant 8R - 27 feet
Bed planter - 27 feet
Rolling cultivator 8R - 27 f e e t
Bed knife 8R - 27 feet
Shredder 2R - 6.7 feet
Purchase
Price
$16,600
12,000
4,000
5,100
1,900
1,550
900
1,650
1,750
1,750
1,550
350
450
550
235
1,800
3,000
2,000
2,040
1,000
378
Estimated
Years of Use
5
5
12
3
8
8
8
10
8
10
8
10
12
10
12
8
8
8
8
8
8
Estimated
Hours of Use
5000
5000
7200
2100
1280
1600
1600
1000
2000
1200
1000
2000
2004
2000
2004
1600
2000
2000
1200
800
1000
Fixed Costs
Per Hour
$3.11
2.37
.93
2.02
2.04
1.34
.78
2.55
1.20
2.26
2.14
.27
.38
.42
.20
1.54
2.07
1.37
2.33
1.72
.52
Variable Costs
Per Hour
$5.44
4.22
1.92
3.37
1 . 11
.72
.24
.66
.38
.63
.75
.08
.10
.12
.05
.63
.84
.56
1.27
.94
.18
,
\
-4A L FA L FA E S TA B , , I R R I G AT E D , T E X A S H I G H P L A I N S I I I
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
REGION
PRICE CR
C O S T / U N I T QUANTITY
VALUE OR
COST
1. GROSS RECEIPTS FRCM PRODUCTICN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FERT(20-100-0)
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORITRACTOR _ MACHINERY)
LABOR! IRRIGATICN)
INTEREST CN OP. CAP.
0.0
LBS.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL,
1.75
36.00
1.90
5.19
12.04
2.75
2.75
0.10
22.00
1.00
1.00
1.00
1.00
1.82
2.80
30.39
SUBTCTAL, PRE-HARVEST
38.50
36.00
1.90
5.19
12.04
4.99
7.70
____
$ 109.37
HARVEST CCSTS
SUBTOTAL, HARVEST
$
$
0.0
TOTAL VARIABLE COST
$
109.37
3. INCCME ABOVE VARIABLE COSTS
$ -■1 0 9 . 3 7
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
$
ACRE
ACRE
ACRE
ACRE
2.19
2.95
18.34
45.83
1.00
1.00
1.00
1.00
2.19
2.95
18.34
_______
69.31
5. TOTAL COSTS
$
6. NET RETURNS
$ -• 1 7 8 . 6 8
* LANO CHARGE BASED ON S55/ACRE LESS 50 PCT.
178.68
OF IRRIG. FIXED COSTS.
PROJECTED, 1976
-5ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
O P E R AT I O N
ITEM
NO.
MBPLOW
4B
CLOD
BUSTER
TA N D E M
DISC
FERT .APPLI,RENTD
GRAIN
DRILL
PICKUP
PICKUP
PICKUP
PICKUP
1,33
51
1,43
5,86
3,45
10
10
10
10
TOTALS
* LAND CHARGE BASED ON
^
DATE
FIXED
FUEL,OIL,
COSTS
TIMES LABOR MACHINE L U B . , R E P.
HOURS
PER ACRE PER ACRE
OVER
HCURS
JUNE
JUNE
AUG
AUG
AUG
AUG
OCT
NOV
DEC
1.00
1.00
1.00
1.00
1.00
O.lu
0.10
0.10
0.10
2.41
0.15
0.79
0.07
0.91
0.20
0.20
0.20
-Q*L22
0.475
0.404
0.159
0.064
0.179
0.100
0.100
0.100
______
3.44
0.04
I.10
0.15
1.02
0.34
0.34
0.34
-_*__
-0*20
1.816
1.682
7.10
5.14
0.712
0.0
0.239
0.097
0.269
0.125
0.125
0.125
1 5 5 / A C R E L E S S 5 0 P C T. C F I R R I G . F I X E D C O S T S .
PROJECTED, 1976
B U C G E T I D E N T I F I C AT I C N N U M B E R -— 8 1 1 0 0 3 4 0 2 3 2 0 0
A N N U A L C A P I TA L M O N T H 1 2
-6A L FA L FA , I R R I G AT E D , T E X A S H I G H P L A I N S I I I R E G I O N
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
I. GROSS RECEIPTS FRCM PRODUCTICN
HAY
TOTAL
VARIABLE COSTS
PREHARVEST
FERTC 0-80-40)
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORITRACTOR _ MACHINERY)
LABOR!IRRIGATION)
INTEREST CN OP. CAP.
SUBTOTAL, PRE-HARVEST
P R I C E O R VA L U E O R
COST/UNIT QUANTITY COST
TON
40.00
6.50
ACRE
ACRE
ACRE
ACRE
HCUR
HOUR
DOL.
32.00
2.36
0.33
20.64
2.75
2.75
0.10
1.00
1.00
1.00
1.00
0.97
4.80
26.14
-220*22
% 260.00
32.00
2.36
0.33
20.64
2.67
13.20
______
73.31
HARVEST CCSTS
SUBTOTAL, HARVEST
$
$
TOTAL VARIABLE COST
$ 73.81
$ 186.19
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
PRORATED ESTAB. COST
LANO INET RENT)
TOTAL FIXED COSTS
0.0
ACRE
ACRE
ACRE
ACRE
ACRE
1.41
0.18
31.44
178.68
39.28
l.CO
1.00
1.00
0.14
1.00
1.41
0.18
31.44
25.55
—22:Z2
S
97.87
5. TOTAL COSTS
$ i71.67
6. NET RETURNS
$
88.33
* LAND CHARGE BASED ON S55/ACRE LESS 5 0 P C T. O F I R R I G . F I X E D C O S T S .
* ESTABLISHMENT CCST PRORATED OVER 7 Y E A R S . C R C P S C L D S TA N D I N G I N
PROJECTED, 1976
FIELD.
-7-
ALFALFA, IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
OPERATICN
FERT.APPLI,RENTD
PICKUP
PICKUP
PICKUP
PICKUP
P ICKUP
PICKUP
PICKUP
TOTALS
ITEM
NO.
3,86
10
10
10
10
10
10
10
DATE
FUEL.OIL, FIXED
TIMES LABOR MACHINE LUB.,REP. COSTS
OVER HOURS HOURS PER ACRE PER ACRE
MAR
MAR
MAY
JUNE
J U LY
AUG
SEPT
OCT
1.00
0.10
0.10
0.10
0.10
0.10
0.10
0.10
0.064
0.100
0.100
0.100
0.100
0.100
0.100
-Q*L25 _ _ _ _ _ _
0.33
0.34
0.34
0.34
0.34
0.34
0.34
_____
-0*22
0.972 0.764
2.68
1.59
C.097
0.125
0.125
0.125
0.125
0.125
0.125
0.18
0.20
0.20
0.20
0.20
0.20
0.20
* LAND CHARGE BASED ON S55/ACRE LESS 50 PCT. OF 1RRIG. FIXED COSTS.
* ESTABLISHMENT CCST PRORATED OVER 7 YEARS. CROP SOLD STANDING IN
FIELD.
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 8 1 0 0 3 6 0 2 3 2 0 0
ANNUAL CAPITAL MCNTH 10
-8ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
UNIT
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
1. GROSS RECEIPTS FRCM PRODUCTICN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FERTI20-ICC-50)
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORITRACTOR _ MACHINERY)
LABCRI IRR IGATION)
I N T E R E S T C N O P. C A P.
SUBTOTAL, PRE-HARVEST
0.0
LBS.
ACRE
ACRE
ACRE
ACRE
HCUR
HOUR
DOL.
1.75
46.00
1.90
5.19
12.04
2.75
2.75
0.10
22.00
1.00
1.00
1.00
1.00
1.82
2.80
33.92
38.50
46.00
1.90
5.19
12.04
4.99
7.70
______
$ " 11 9 . 7 2
HARVEST COSTS
SUBTOTAL, HARVEST
$
$
TOTAL VARIABLE CCST
$ 11 9 . 7 2
$ - 11 9 . 7 2
3. INCCME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
0.0
$
ACRE
ACRE
ACRE
ACRE
2.19
2.95
18.34
45.83
1.00
1.00
1.00
1.00
2.19
2.95
18.34
.-±2*22
69.31
5. TOTAL COSTS
$ 189.03
6. NET RETURNS
$-- 1 8 9 . 0 3
* LANC CHARGE BASED CN S55/ACRE LESS 50 PCT. OF IRRIG. FIXED COSTS.
PROJECTED, 1976
ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED CCSTS ANO RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
OPERATION
MBPLOW 4B
CLCD BUSTER
PICKUP
TANDEM DISC
F E R T. A P P L I , R E N T D
GRAIN DRILL
PICKUP
PICKUP
PICKUP
TOTALS
ITEM
NO.
1,33
51
10
1,43
5,86
3,45
10
10
10
DATE
TIMES LABOR MACHINE
OVER
HCURS
HOURS
J U LY
J U LY
J U LY
AUG
AUG
AUG
AUG
SEPT
OCT
1.00
0.712
0.475
1.00 o.O
0.404
0.10
0.125
0.100
1.00
0.239
0.159
1.00
0.097
0.064
1.00
0.269
0.179
0.10
0.100
0.125
0.10
0.125
0.100
0.10 ______ ___!__
1.816
1.682
FUEL,OIL,
FIXED
LUB., REP.
COSTS
PER ACRE PER ACRE
3-44
0.04
0.34
I. 10
0.15
1.02
0.34
0.34
_____
2.41
0.15
0.20
0.79
0.07
0.91
0.20
0.20
-2*22
7.10
5.14
* LAND CHARGE BASED ON $55/ACRE LESS 50 PCT. CF IRRIG. FIXED COSTS.
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 8 11 0 0 3 4 0 1 3 2 0 0
ANNUAL CAPITAL MONTH 12
-10LFALFA, IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
UNIT
1. GROSS RECEIPTS FRCM PRODUCTION
HAY
TOTAL
VARIABLE COSTS
PREHARVEST
FERTIC-12C-6C)
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORITRACTOR _ MACHINERY)
LABOR(IRRIGATION)
INTEREST CN OP. CAP.
SUBTOTAL, PRE-HARVEST
VALUE OR
COST
PRICE OR
COST/UNIT QUANTITY
TCN
40.00
8.50
ACRE
ACRE
ACRE
ACRE
HGUR
HOUR
DOL.
48.00
2.36
0.15
29.24
2.75
2.75
0.10
1.00
1.00
1.00
1.00
0.97
6.80
36.44
________
$ 340.00
48.00
2.36
0. 15
29.24
2.67
18.70
_-_*__
104.76
HARVEST CCSTS
SUBTCTAL, HARVEST
$
$
TOTAL VARIABLE COST
$ 104. 76
$ 235.24
3. INCCME ABCVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
PRORATED ESTAB. COST
LAND (NET RENT)
TOTAL FIXED COSTS
0.0
$
ACRE
ACRE
ACRE
ACRE
ACRE
1.41
0.07
44.54
189.03
32.73
1.41
0.07
44. 54
27.03
____!_
105.78
$ 210.55
5. TOTAL COSTS
$ 129.45
6. NET RETURNS
* LAND CHARGE BASED ON 155/ACRE LESS 50 PCT.
* ESTABLISHMENT COSTS PRGRATED CVER 7 YEARS
* S O L D S TA N D I N G I N F I E L D TO C U B E R .
1.00
1.00
1.00
0.14
1.00
OF IRRIG.
FIXED COSTS.
PROJECTED, 1976
-11ALFALFA, IRRIGATED, TEXAS HIGH PLAINS III REGION
ESTIMATED CCSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
OPERAT ICN
F E R T. A P P L I , R E N T D
PICKUP
PICKUP
PICKUP
PICKUP
PICKUP
PICKUP
PICKUP
TOTALS
ITEM
NO.
5,86
10
10
10
10
10
10
10
FIXED
FUEL,OIL,
COSTS
LUB.PEP
PER ACRE PER ACRE
DATE
TIMES LABCP MACHINE
OVER
HOURS
HOURS
MAR
MAR
MAY
JUNE
J U LY
AUG
SEPT
OCT
0.064
l.CO 0.097
0.125
0.100
0.10
0.100
0.10 0.125
0.100
0.10
0.125
0.100
0.10 0.125
0.100
0.10 0.125
0.125
0.100
0.10
0 . 1 0 _ _ _ _ _ _ _______
0.15
0.34
0.34
0.34
0.34
0.34
0.34
_____
-0*22
0.972 0.764
2.50
1.48
0.07
0.20
0.20
0.20
0.20
0.20
0.20
* LAND CHARGE BASED ON S55/ACRE LESS 50 PCT. CF IRRIG. FIXED COSTS.
* ESTABLISHMENT CCSTS PRORATED OVER 7 YEARS. PROJECTED, 1976
* SOLD STANDING IN FIELD TO CUBER.
BUDGET IDENTIFICATION NUMBER 81 003901 320 0
ANNUAL CAPITAL MONTH 10
^