r
TEXAS NORTHEAST
FOREWORD
r
The enterprise budgets for Texas Northeast
Region are based on estimates of yields, production
input quantities, and production practices which
represent the best judgment of local producers,
county Extension agents-agriculture, financial in
stitution 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.
r
The machinery inventory is applicable to both
typical and high level management. In some bud
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.
Crop share rental agreements do not exist to
any substantial degree. Land charges were, there
fore, calculated by using a fair market value times
an interest rate or a cash lease.
NORTHEAST TEXAS REGION
Assumed Prices Paid and Received by Farmers ]_f
tern
Unit
Price
Price paid (1976)
Seed
Corn
Cotton
Grain Sorghum
Oats
Smal1 grnin
Rye grass
Southern peas
Soybeans
To m a t o p l a n t s
Watermelons
Wheat
Custom rates
Coastal sprigging (including sprigs)
Combi ni ng
corn
grain sorghum
oats
southern peas
wheat
Cotton strip and haul
Cotton, gin, bag, and ties
Hauli ng
corn
grain sorghum
oats
peas
watermelons
wheat
hay bali ng
lb.
lb.
lb.
lb.
lb.
lb.
lb.
lb.
doz.
lb.
acre
bu.
acre
acre
acre
acre
cwt.
cwt.
bu.
cwt.
bu.
cwt.
cwt.
bu.
bale
.43
.35
.42
.09
.13
.30
.55
.20
.60
3.00
.13
20.00
.20
8.00
8.00
8.00
8.00
I .25
I .50
. 10
.20
.06
.20
.30
.10
.45
-2-
tem
Chemicals
EertiI fzer
Nitrogen
Phosphorous
Potash
Simazine
2-4D
Milogard
TrefIan
Methylparathion
Sevin
Maiithion
Grazing grain per acre
Ty p i c a l
High level
Interest
Prices received (1976)
Coastal hay
typical management
high level management
Corn
Cotton
Cottonseed
Grain sorghum
Oats
Southern peas
Soybeans
Tomatoes
Watermelons
Wheat
Uni I
lb.
lb.
lb.
lb;
gal .
lb.
gal .
gal.
lb.
gal .
lb.
lb.
'rico
$
.74
.18
.08
4.50
9.00
2.50
28.50
5.25
1.52
1 1 .00
250
500
percent
.10
'
bale
bale
bu.
lb.
ton
cwt.
bu.
cwt.
bu.
carton
cwt.
bu.
1.15
1.30
2.50
.45
I 10.00
4.25
I .25
12.00
6.00
6.00
3.00
4.00
_]/ These price assumptions are not to be interpreted as predictions or
prospective prices.
'
>
^>
NORTHEAST TEXAS REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor - 100 HP
Tractor - 70 HP
Tractor - 50 HP
Pickup - 1/2 ton
Truck - 2 ton
Combine - 20 feet
Shredder 4R - 13.3 feet
Offset disc - 10 feet
Tandem disc - 12 feet
MB Plow 4B - 5.3 feet
Planter - 13.3 feet
Grain drill 10F - 10 feet
Tool bar cultivator - 13.3 f e e t
Rolling cultivator - 13.3 f e e t
Lister/bedder - 13.3 feet
Sprayer herbicide - 13.3 feet
Mist blow spray - 30 feet
Purchase
Price
$16,800
11,500
8,200
5,100
7,665
18,900
2,600
1,700
1,120
1,350
1,350
1,150
900
1,450
1,120
400
2,400
Estimated
Years of Use
8
8
10
4
15
10
8
8
8
8
8
10
8
8
8
8
5
Estimated
Hours of Use
6800
6800
7500
4400
4500
1100
1000
1200
1200
1400
480
1000
1200
1200
1400
800
1000
Fixed Costs
Per Hour
$ 3.22
2.20
1.63
1.12
3.29
27.96
3.60
1.95
1.29
1.32
3.87
1.78
1.03
1.66
1.10
.69
2.59
Variable Costs
Per Hour
$ 4.39
3.04
2.07
2.90
4.45
10.69
1.26
.62
.41
1.44
1.58
.50
.50
.81
.45
.22
1.04
-4-
COASTAL BERMUDAGRASS ESTABLISHMENT, DRYLAND, NORTHEAST TEXAS REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
VALUE OR
COST
PRICE OR
COST/UNIT QUANTITY
GROSS RECEIPTS FROM PRODUCTICN
TOTAL
VARIABLE COSTS
PREHARVEST
FERT( 60-40-40)
CUSTCM SPRIGGING
HERBICIDE
MACHINERY
TRACTORS
LABOR.TRACTOR £ MACHINERY)
I N T E R E S T O N O P. C A P.
SUBTOTAL, PRE-HARVEST
0.0
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
24.80
20.00
2.25
3.34
2.29
3.00
0.10
24.80
20.00
2.25
3.34
2.29
7.49
i.00
1.00
1.00
i.00
1.00
2.50
18.73
$
—..uaz
62.05
HARVEST COSTS
SUBTOTAL, HARVEST
$
$
0.0
TOTAL VARIABLE COST
$
62.05
$ -62.05
3. INCOME ABOVE VARIABLE COSTS
. FIXED COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
TOTAL FIXED COSTS
$
ACRE
ACRE
ACRE
1.83
1.73
5.00
1.00
1.00
1.00
1.83
1.73
8.56
5. TOTAL COSTS
70.61
6. NET RETURNS
$ -70.61
PROJECTED, 1976
TEXA
COASTAL BERMUDAGRASS ESTABLISHMENT, DRYLAND, NORTHEAST
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
O P E R AT I O N
ITEM
NO.
D AT E
TIMES LABOR
OVER HOURS
PTfKUP
10
SEPT
°*15
pJCKUP
10
OCT
0.15
R E N T D . F E R T. A P P L I 3 , 8 6 F E B i . 0 0
PfCKUP
10
FEB
Q.15
TA N D E M
DISC
2,38
MAR
I
.00
TA N D E M
DISC
2,38
APR
i.00
S P R AY E R , H E R B .
3,62
APR
1.00
pICKUp
10
APR
0.15
prcKUP
10
M AY
°'15
pICKUp
10
JUNE
0.15
R E N T D . F E R T. A P P L I 3 , 8 6 A U G 1 - 0 0
pICKUP
1°
AUG
°*15
TOTALS
MACHINE
HOURS
0. 155
°-194
0.155
0.194
0.079
0 . 11 8
0.155
0.194
0.173
0.259
0.173
0.259
0.258
0.388
0.155
0.194
0.155
°'194
0.155
0.194
0.079
0 . 11 8
______
-ft-i24
2.497
1.846
^
FUELtOIL, FIXED
L U B . , R E P. C O S T S
PER ACRE PER ACRE
_Q.--.-t5
0.17
0.17
0.15
0.17
0.68
0.68
0.68
0.17
0.17
0.17
0.15
_____
5.64
3.56
0.45
0.45
0.20
0.45
0.70
0.70
0.70
0.45
0.45
0.45
0.20
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 A N N U A L C A P I TA L M O N T H 8
8340110021100 0
-6COASTAL BERMUDAGRASS ESTABLISHMENT, DRYLAND, NORTHEAST TEXAS RFGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
UNIT
1. GROSS RECEIPTS FROM PRODUCTION
HAY
TOTAL
2 . VA R I A B L E C O S T S
PREHARVEST
FERT (180-80-80)
CUSTOM SPRIGGING
HERB, PREMERGE
MACHINERY
TRACTORS
LABOR(TRACTOR 6 MACHINERY)
I N T E R E S T C N O P. C A P.
S U B TO TA L , P R E - H A RV E S T
HAWVCST COSTS
CUSTOM BALING
SUBTOTAL, HARVEST
PRICE OR
COST/UNIT
I
BALE
1.15
70.00
$"
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
64.00
20.00
8.25
2.02
3.05
3.00
0.10
1.09
1.00
1.00
1.00
1.00
2.05
37.28
BALE
0.45
70.00
4. FI XED COST'S
MACHINERY
TRACTORS
LAND (NET RENT)
TOTAL FIXED COSTS
80.50
_______
U.50
S 144.45
»AL£
2.064
1*32
_._*0
ACRE
55.. TGHTtfli- COSTS
6b.. BW5BKEVEN PRICE, TOT AIL OTSTS
._a____
69.76
20.00
8.25
2.02
3.05
6. 14
_±I.
11 2 * 9 5
$"
TOTfAL VARIABLE COST'
3. BREAKEVEN PRICE, VARIABLE COSTS-
VALUE OR
COST
QUANTITY
1.00
1.00
i.oo
1.32
2.30
__QQ
8.62
153.07
ffAH-g
2.187
PROJECTED, 1976
-7-
COASTAL BERMUDAGRASS ESTABLISHMENT, DRYLAND, NORTHEAST TEXAS REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
OPERATION
PICKUP
PICKUP
PICKUP
PICKUP
R E N T D . F E R T. A P P L I
SPRAYER,HERB.
PICKUP
TANDEM DISC
PICKUP
TANDEM DI SC
R E N T D . F E R T. A P P L I
PICKUP
R E N T D . F E R T. A P P L I
TOTALS
ITEM
NO.
10
10
10
10
3,86
3,62
10
1,38
10
1,38
3,86
10
3, 86
DATE
TIMES LABOR MACHINE
OVER
HOURS
HOURS
SEPT
OCT
NOV
JAN
FEB
FEB
FEB
MAR
MAR
APR
APR
MAY
AUG
0.09
0 . 11 2
0.0 90
0.09
0 . 11 2
0.0 90
0.0 90
0.09
0 . 11 2
0.09
0 . 11 2
0.090
1.00
0 . 11 8
0.079
1.00
0.388
0.258
0.09
0 . 11 2
0.090
1.00
0.2 59
0.173
0.09
0 . 11 2
0.090
0.259
0.173
1.00
1.00
0 . 11 8
0.079
0.09
0 . 11 2
0.090
1.00 ______ ______
2.046
1.469
FUEL,OIL,
FIXED
LUB. ,REP.
COSTS
PER ACRE PER ACRE
0.26
0.26
0.26
0.26
0.20
0.70
0.26
0.98
0.26
0.98
0.20
0.26
_____
0.10
0.10
0.10
0.10
0.15
0.68
O.iO
0.89
0.10
0.89
0.15
0.10
_____
5.07
3.62
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 3 4 0 11 0 0 111 0 0 0
A N N U A L C A P I TA L M O N T H 8
^
-8-
COASTAL BERMUDAGRASS HAY, DRYLAND, NORTHEAST TEXAS REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
PRICE
OR
VA L U E
OR
UNIT COST/UNIT 'QUANTITY COST
1. GROSS RECEIPTS FROM PRODUCTION
HAY
TOTAL
2. VARIABLE COSTS
PREHARVEST
FERT (240-100-10
MACHINERY
TRACTORS
LABOR!TRACTOR £ MACHINERY)
INTEREST CN OP. CAP.
BALE
1.15
210.00
ACRE
ACRE
ACRE
HOUR
DOL.
83.60
1.45
0.39
3.00
0.10
1.00
1.00
1.00
0.86
25.03
$
2__Q
90.53
$
BALE
0.45
210.00
$
_______
94.50
$ 185.03
TOTAL VARIABLE COST
3 . B R E A K E V E N P R I C E , VA R I A B L E C O S T S
BALE
4. FIXED COSTS
MACHINERY
TRACTORS
PRORATEO ESTAB. COST
LAND (NET RENT)
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
0.881
$
0.56
0.31
69.77
10.00
1.00
1.00
0.07
1.00
0.56
0.31
4.88
_______
$ 15.75
$ 200.78
5. TOTAL COSTS
6 . B R E A K E V E N P R I C E , TO TA L C O S T S
83.60
1.45
0.39
2.58
$
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM BALING
SUBTOTAL, HARVEST
_______
$ 241.50
BALE
0.956
* E S TA B L I S H M E N T C O S T P R O R AT E D O V E R 1 5 Y E A R S . H E R B I C I D E AT S 2 . 2 5 / A C R E
EVERY
OTHER
YEAR.
PROJECTED,
1976
-9-
COASTAL BERMUDAGRASS HAY, DRYLAND, NORTHEAST TEXAS REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
OPERATION
PICKUP
R E N T D . F E R T. A P P L I
PICKUP
PICKUP
R E N T D . F E R T. A P P L I
PICKUP
PICKUP
ITEM
NO.
10
3,86
10
10
3,86
10
10
DATE
TIMES LABOR MACHINE
OVER
HOURS
HOURS
AUG
FEB
FEB
APR
MAY
MAY
JUNE
0.10
I.00
0.10
0.10
1.00
0.10
0.10
TOTALS
0.125
0 . 11 8
0.125
0.125
0 . 11 8
0.125
FUEL,OIL , F I X E D
LUB.,REP . C O S T S
PER ACRE PER ACRE
___12_
0.100
0.079
0.100
0.100
0.079
0.100
______
0.29
0.20
0.29
0.29
0.20
0.29
___2_
0 . 11
0.15
0 . 11
0 . 11
0.15
0 . 11
_____
0.861
0.657
1.84
0.86
* E S TA B L I S H M E N T COST PRORATED OVER 1 5 Y E A R S . H E R B I C I D E AT •5 2 . 2 5 / A C R E
EVERY OTHER YEAR .
PROJECTED, 1976
BUDGET IDENTIFICATICN NUMBER
- 8 3 6 0 11 0 0 2 111 0 0
-10COASTAL BERMUDAGRASS HAY, DRYLAND, NORTHEAST TEXAS REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
PRICE
OR
VA L U E
OR
UNIT COST/UNIT QUANTITY COST
1. GROSS RECEIPTS FRCM PRODUCTION
HAY
TOTAL
VARIABLE COSTS
PREHARVEST
FERT (300-100-20
HERBICIDE
MACHINERY
TRACTORS
LABOR!TRACTOR t MACHINERY)
I N T E R E S T C N O P. C A P.
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM BALING
SUBTOTAL, HARVEST
BALE
1.15
300.00
ACRE
ACRE
ACRE
ACRE
HOUR
DOL.
63.60
2.25
2.09
1.23
3.00
0.10
1.00
1.00
1.00
1.00
1.62
24.46
$
2__5
$
BALE
0.45
300.00
_______
$ 135.00
$ 2 11 . 4 6
3 . B R E A K E V E N P R I C E , VA R I A B L E C O S T S B A L E
ACRE
ACRE
ACRE
ACRE
5. TOTAL COSTS
6. BREAKEVEN PRICE, TOTAL COSTS
63.60
2.25
2.09
1.23
4.85
$ 76.46
TOTAL VARIABLE COST
4. FIXED COSTS
MACHINERY
TRACTORS
PRORATED ESTAB. COST
LAND (NET RENT)
TOTAL FIXED COSTS
_______
$ 345.00
0.705
0.96
0.97
70.39
10.00
1.00
1.00
0.07
1.00
0.96
0.97
4.93
_______
$ 16.85
$ 228.31
BALE
* ESTABLISHMENT COST PRORATED OVER 15 YEARS.
0.761
PROJECTED, 1976