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TEXAS ROLLING PLAINS I
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FOREWORD
The enterprise budgets for Texas Rolling Plains
I 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 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.
Laud charges were based on the customary land
lord's crop share less his proportionate share of
certain production and harvesting inputs. A per
acre land charge was made when crop share was
not used.
TEXAS ROLLING PLAINS I REGION
Assumed Prices Paid and Received by Farmers ]_/
I tern
Unit
Price
cwt.
cwt.
cwt.
cwt.
bu.
cwt.
cwt.
cwt.
$ 32.00
26.00
30.00
20.00
6.50
95.00
25.00
25.00
Prices paid (1976)
Seed
Cotton (di-system)
Cotton (delinted)
Grain Sorghum
Guar
Wheat (clean and treated)
Alfalfa
Forage Sorghum Si I age
Sudan
Ferti Ii zer
N i t r o g e n ( A n h y. )
Nitrogen (dry)
Phosphorous
lb.
lb.
lb.
Chemicals
Pre-emerge Herbicide
Methyl-Parathion
Ma lath ion
5 gal
gal .
gal .
Custom rates
Combining wheat
Combining grain sorghum
Combining Guar
Hay Harvest (mow, rake, bale, haul)
Ensilage (chop, haul, pack)
acre
acre
acre
bale
ton
7.50 2/
8.00 "
10.00
.65
4.50
HauIing
Grain sorghum
Guar
Wheat
Chemical spraying
cwt.
cwt.
bu.
acre
.20
.20
.10 3/
I .75 "
Hoeing Labor
Tr a c t o r, I r r i g a t i o n L a b o r
hour
hour
2.00
2.75
Cotton Ginning
bale
31 .00
Fuel and lubricants
Gasoline
L. P. Gas
ga
.21
.26
.21
35.00
8.50
12.75
.45
.30
-2-
tem
Diesel
Motor Oi I
Lubricant
Unit
Price
gal .
gal .
lb.
$
.36
2.20
.30
.095
Capital
Hail Insurance (wheat)
acre
3.00
lb.
cwt.
ton
bu.
cwt.
ton
ton
ton
ton
AUM
cwt.
.42
10.00
10.00
3.75
4.50
55.00
45.00
12.00
35.00
10.00
7.00
Prices received (1976)
Cotton
Guar
Cottonseed
Wheat
Grain sorghum
Alfalfa hay
Forage Sorghum hay
EnsIlage
Coastal hay
Pasture grazing
Potatoes
\J These price
prospective
2/ Plus 5<£/bu.
3/ Plus i<£/bu.
assumptions are not to be interpreted as predictions or
prices.
over 20 bu.
over 5 miles.
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TEXAS ROLLING PLAINS I REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Purchase
Price
$13,000
Tractor - 115 HP
11,500
Tractor - 100 HP
9,000
Tractor - 80 HP
4,025
Tractor - 45 HP
5,100
Pickup - 1/2 ton
1,296
Lister planter - 13 3 feet
1,944
Lister planter - 20 feet
1,080
Cultivator 4R - 13.3 feet
1,728
Cultivator 6R - 20 feet
1,728
Tandem disc - 13 feet
2,178
Tandem disc - 16 feet
864
Chisel - 13 feet
1,080
Chisel - 17 feet
1,512
Moldboard 4BTM - 5.3 feet
2,160
Moldboard 5BTM - 6.7 feet
378
Shredder 2R - 6.7 feet
1,512
Shredder 4R - 13.3 feet
1,404
Grain drill - 13.8 feet
1,728
Grain drill - 16.7 feet
3,888
Stripper - 6.6 feet
5,832
Stripper & basket - 6.6 feet
1,512
Oneway - 12 feet
324
Sandfighter 8R - 26.6 feet
1,836
Rolling cultivator 6R - 20 feet
864
Knife 4R - 13.3 feet
1,620
Float - 9 feet
Estimated
Years of Use
5
5
8
12
4
8
8
8
8
8
8
8
8
8
8
8
8
10
10
5
5
10
10
8
10
10
Estimated
Hours of Use
3750
3750
4800
3600
2000
1200
1200
1600
1600
1600
1600
1600
1600
1600
1600
1000
1000
1200
1200
1500
1500
1500
1000
1600
1200
1000
Fixed Costs
Per Hour
$3.35
2.97
2.39
1.82
2.42
1.45
2.19
.91
1.45
1.45
1.83
.73
.91
1.28
1.82
.51
2.04
.77
2.19
2.79
4.19
1.53
.49
1.55
1.09
2.46
Variable Costs
Per Hour
$5.18
4.55
3.16
2.18
1.40
.61
.91
.38
.61
.47
.59
.24
.29
.71
1.01
.18
.74
.51
.63
.91
1.36
.44
.14
.86
.05
.07
i
wi
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-4A L FA L FA E S TA B L I S H M E N T, D RY L A N D , T E X A S R O L L I N G P L A I N S I R E G I O N
URNS PER ACRE
ESTIMATED COSTS
T Y P I C A L MANAGEMENT
UNIT
$
$
U GROSS RECEIPTS FRCM PRODUCTION
TOTAL
2 . VA R I A B L E C O S T S
PREHARVEST
SEED
FERT(16-20-0)
MACHINERY
TRACTORS
LABORITRACTOR t MACHINERY)
I N T E R E S T O N O P. C A P.
SUBTOTAL, PRE-HARVEST
VALUE OR
COST
PRICE OR
C O S T / U N I T QUANTITY
LBS.
ACRE
ACRE
ACRE
HOUR
DOL.
0.95
8.56
1.71
2.96
2.75
0,09
0.0
20.00
1.00
1*00
1.00
1.44
8.38
19.00
8.56
1.71
2.96
3.95
_ _ _ _ fl fl
36.98
HARVEST COSTS
SUBTOTAL, HARVEST
$
$
0.0
TOTAL VARIABLE COST
$
36.98
$ -36.98
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
TOTAL FIXED COSTS
$
ACRE
ACRE
ACRE
1.71
2.04
200.00
1.71
2.04
. _ _ _ i fl G
11 . 7 5
1.00
1.00
0.04
5 . TO TA L C O S T S
$
48.72
6. NET RETURNS
$ -48.72
PROJECTEO, 1976
-5-
ALFALFA ESTABLISHMENT, ORYLAND, TEXAS ROLLING PLAINS I REGION
ESTIMATED OSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
O P E R AT I O N
ITEM
NO.
D AT E
TIMES LABGR
OVER HOURS
FUEL,OIL, FIXED
MACHINE LUB. , REP. COSTS
PER ACRE PER ACRE
HOURS
0.193
CHISEL
13'
2,36
J U LY
1.00
0o290
0.100
PICKUp
10
J U LY
O.LO
0eL25
0.159
TA N D E M D l S C - 1 3 ' 2 , 3 4 A U G 1 . 0 0 0 . 2 3 9
O.iOO
pICKUP
10
AUG
OolO
0.125
0.064
F F R T. A P P L I , R E N T D 3 , 8 6 S E P T 1 . 0 0 0 . 0 9 7
0.208
G R A I N D R I L L 1 3 1 C 3 , 4 4 S E P T 1 . 0 0 0 . 3 11
0.100
P!CKUP
10
SEPT
0.10
0.125
__..1QQ
pICKUp
10
OCT
0.10
-Q*L2S
TOTALS
1.437 1.025
0.94
0.37
0.24
0.89
0.37
0.83
0.24
0.80
0.24
0.19
0.96
0.24
,0*11
-Q*2±
4.67
3.75
1.10
0.37
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 1 2
- 811005002 500 0
-6A L FA L FA , D RY L A N D , T E X A S R O L L I N G P L A I N S I R E G I O N
ESTIMATEO COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
L. GRCSS RECEIPTS FROM PRODUCTION
HAY
TOTAL
TON
2 . VARIABLE COSTS
PREHARVEST
FERTI0-20-0)
MACHINERY
TRACTORS
LABOR(TRACTOR £ MACHINERY)
I N T E R E S T C N C P. C A P.
SUBTOTAL, PRE-HARVEST
ACRE
ACRE
ACRE
HOUR
DOL.
HARVEST CCSTS
CUSTOM HARVEST
SUBTOTAL, HARVEST
BALE
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
55.00
2.50
$
4.20
2.23
0.24
2.75
0.09
4.
FIXED COSTS
MACHINERY
TRACTORS
PRORATED ESTAB. COST
LAND (NET RENT)
TOTAL FIXED COSTS
..0*22
$"
9.22
$
0.65
-51*10
82.00
$~
53.30
$
62.52
25.008
TON
$
ACRE
ACRE
ACRE
ACRE
5 . TOTAL COSTS
6 . BREAKEVEN PRICE, TOTAL COSTS
4.20
2.23
0.24
2.33
1.00
1.00
1.00
0.85
2.32
TOTAL VARIABLE COST
3 . BREAKEVEN PRICE, VARIABLE CCSTS
-Lll*50
$ 137.50
TON
1.45
0.19
48.72
26.40
1.00
1.00
0.17
1.00
1.45
0.19
8.14
-22*±Q
$"
36.17
$
98.69
39.476
LAND CHARGE USES LANDLORD SHARE OF GROSS (1/3) LESS 1/3 OF FERTILIZER
AND HARVEST.
E S TA B L I S H M E N T C O S T S P R O R AT E D O V E R S I X Y E A R S . P R O J E C T E D , 1 9 7 6
A L FA L FA , D R Y L A N D , T E X A S R O L L I N G P L A I N S I R t G I O N
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
OPERATICN
FERToAPPL I,RENTD
PICKUP
PI CK UP
PICKUP
PICKUP
PICKUP
PICKUP
TOTALS
ITEM
NO,
3, 86
10
10
10
10
10
10
^
C'ATE
FIXED
FUEL, OIL,
COSTS
TIMES LABOR MACHINE LU Bo , R EP .
PER
ACRE
PER ACRE
HOURS
OVER HOURS
APR
APR
MAY
JUNE
J U LY
AUG
SEPT
1.00
0.10
OolO
0.10
0.10
0*10
0.10
0*097
0.125
0*123
0.125
0.125
0.125
Jl*.L25
0*847
0.064
O.iOO
0.100
OolOO
0.100
0.100
-QaLOQ
0.24
0«37
0.37
0.37
0.37
0.37
0.19
0o24
0o24
0.24
0.24
0.24
-0*21
-Q*.2±
0.664
2.47
1.64
LANO CHARGE USES LANDLORD SHARE OF GRCSS (1/3) LESS 1/3 OF FERTILIZER
AND HARVEST.
PROJECTED, 1976
ESTABLISHMENT COSTS PRORATED CVER SIX YEARSo
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 1 0 0 5 0 0 2 5 0 0 0
A N N U A L C A P I TA L M O N T H 9
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-8A L FA L FA E S TA B L I S H M E N T, D RY L A N D , T E X A S R O L L I N G P L A I N S I R E G I O N
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
VALUE OR
COST
PRICE OR
UNIT COST/UNIT QUANTITY
L. GROSS RECEIPTS FRCM PRODUCTICN
TOTAL
2. VARIABLE COSTS
PREHARVEST
SEED
FERT( 16-20-0)
MACHINERY
TRACTORS
LABOR(TRACTOR 6 MACHINERY)
I N T E R E S T C N O P. C A P.
SUBTOTAL, PRE-HARVEST
0.0
LBS.
ACRE
ACRE
ACRE
HOUR
DOL.
0.95
8.56
1.73
2.31
2.75
0.09
19.00
8.56
1.73
2.81
3.62
20.00
1.00
1.00
1.00
1.31
8.34
____Z2
36.51
HARVEST COSTS
SUBTOTAL, HARVEST
$
%
0.0
TOTAL VARIABLE COST
$
36.51
s
-36.51
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
TOTAL FIXED COSTS
$
ACRE
ACRE
ACRE
1.77
1.91
200.00
1.77
1.91
SxOO
11 . 6 9
1.00
1.00
0.04
5 . TO TA L C O S T S
$
48.20
6. NET RETURNS
$ -48.20
PROJECTED, 1976
-9-
ALFALFA ESTABLISHMENT, DRYLAND, TEXAS ROLLING PLAINS I REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
OPERATION
CHISEL 17«
PICKUP
OFFSET DISC
PICKUP
F E R T. A P P L I , R E N T D
GRAIN DRILL 16«8
PICKUP
PICKUP
TO TA L S
ITEM
NO.
It37
10
1» 59
10
3,86
3,45
10
10
DATE
FIXED
FUEL,OIL,
L
U
B
.
,
R
E
P.
COSTS
TIMES LABOR MACHINE
HOURS
PER ACRE PER ACRE
OVER
HOURS
J U LY
J U LY
AUG
AUG
SEPT
SEPT
SEPT
OCT
1.00
0.10
1.00
0.10
1.00
1.00
0.10
0.10
0.148
0.100
0.159
0.100
0.064
0.172
0.100
0.96
0.37
1.09
0.37
0.24
0.76
0.37
0.73
0.24
0.94
0.24
0.19
0.87
0.24
. 0 * L 2 5 -Q-.1QQ
- 0 * 11
..Q*2±
0.943
4.54
3.69
0.222
0.125
0.239
0.125
0.097
0.257
0ol25
1.315
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 11 0 0 5 0 0 1 5 0 0 0
ANNUAL CAPITAL MONTH 12
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