MP-1027
r
BUDGETS FOR TEXAS CROPS
FOREWORD
Enterprise budgets were developed by the Ex
tension economist-management. Twenty-two pro
duction regions were defined by major soil resource
areas. The regions have been identified as:
1. HP I (North High Plains)
2. HP II (High Plains Hard Land)
3. HP III (High Plains Mixed Land)
4. HP IV (High Plains Sandy Land)
5. RP I (Eastern Rolling Plains)
6. RP I I ( Wes t er n Rolling Plains )
7. EIP (El Paso)
Budget Development
Dryland and irrigated budgets were developed
in each region where applicable for each economi
cally important crop. Data for budget development
were acquired through interviews with selected pro
ducers, agricultural specialists, financial institu
tions, agri-business firms, county agricultural agents
and others. Area Extension agronomists made sig
nificant contributions in specifying production and
agronomic practices reflected in the budgets.
8. TP (Trans-Pecos)
9 . E P I ( We s t e r n E d w a r d s P l a t e a u )
10.
11 .
12.
13.
EP II (Eastern Edwards Plateau)
N E T ( N o r t h E a s t Te x a s )
WG (Winter Garden)
CT (Cross Timbers)
14. GP (Grand Prairie)
15. BP (Blackland Prairie)
16. EA (Edwards Aguifer)
1 7 . S T ( S o u t h Te x a s )
18.
19.
20.
21.
22.
CB (Coastal Bend)
R G V ( R i o G r a n d e Va l l e y )
E T ( E a s t Te x a s )
OC (Opper Coast)
MC (Middle Coast)
Budget Usage
These budgets will provide timely information
and guidelines for use by county agents in counsel
ing with producers on enterprises and enterprise
combinations. Agricultural financial institutions
will find them useful in evaluating enterprises and
determining the extent of credit needed by the pro
ducers. These data will also be useful to federal
and state agricultural agencies for interpreting
and evaluating farm programs and policies. These
budgets will provide basic data for use by research
ers, administrators and government officials in ana
lyzing and evaluating alternative policy considera
tion.
c
TEXAS HIGH PLAINS I
r
FOREWORD
The enterprise budgets for Texas High Plains
I Region are 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
C
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 1/
Item
Unit
Price
Prices paid (1977)
Seed
Grain Sorghum
Wheat (cleaned and treated)
Corn (for grain)
Corn (for silage)
Forage Sorghum
Custom rates
Combining corn
Combining wheat (dryland)
Combining wheat (irrigated)
Combining grain sorghum (dryland)
Combining grain sorghum (irrigated)
Corn Drying
Hauling
Corn
Grain sorghum
Wheat
lb.
bu.
lb.
lb.
lb.
.45
7.50
.90
.60
.35
bu.
.30
7.00
8.70
7.00
.30
.10
acre
acre
acre
cwt.
bu.
bu.
cwt.
bu.
.05
.10
.10
Fuel and lubricants
Gasoline
L.P. gas
Diesel fuel
Motor oil (heavy duty, detergent)
gal.
gal.
gal.
gal.
Fertilizer (bulk)
Nitrogen (anhydrous)
Nitrogen (granular)
Phosphorous
lb.
lb.
lb.
Labor (except hoeing)
Labor (hoeing)
hour
hour
Chemicals
Pre-emergence herbicide
Methyl parathion
Malathion
5 gal
gal.
gal.
140.00
5.25
11.00
Land Lease (cash rent)
acre
60.00
.40
.35
.40
2.40
.16
.30
.30
2.75
2.25
- 2 -
Item
Unit
Hail Insurance
Wheat
Price
$100
$
8.00
Interest
.10
Prices received (1977)
Wteat
Grain
Ensilage
Corn
bu.
Sorghum
(corn)
standing
(grain)
in
cwt.
fi e l d
bu.
ton
3.15
4.25
15.00
2.60
1 / T h e s e p r i c e a s s u m p t i o n s a r e n o t t o b e i n t e r p r e t e d a s p r e d i c t i o n s o r ■' ^ N
prospective
prices.
j
COPN FOR GRAIN, SPRINKLER IRRIGATED. TEXAS HIGH PLAIMS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
1 • GROSS RECEIPTS FROM PRODUCTION
CORN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FERT (N) APPL#D
FERT (P) APPL'D
HERBICIDE
INSECTICIDF
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABOR(TRACTOR & MACHINERY)
LABOR(IRRIGATION)
INTEREST ON OP. CAP.
SUBT3TAL, PRE-HARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
CUSTOM DRYING
SUBTOTAL. H A R V E S T
BU
LBS.
LBS.
LBS.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
PRICE
(JR
VA L U E
OR
COST/UNIT QUANTITY COST
$
2.60
125.00
_325_l__2
$ 325,00
0.90
0 . 11
0.16
8.75
1 5.00
3.49
6.43
48.34
4.50
4.00
0.1 0
18.50
150.00
40.00
1 .30
1 .00
1 .0 0
1 .00
1.00
2.97
0.96
37.51
16.74
16.50
6.40
8.75
1 5.00
3.49
6.43
48. 3*
13.38
3. 34
. 3 _ 75
142.63
0.30
0.0 5
0.10
125.00
125.00
125.00
$
BU.
BU.
BU.
T O TA L VA R I A B L E C O S T
3 . I N C O M E A B O V E VA R I A B L F C O S T S
37.50
6.25
.-12*50
$
56.25
$
193.83
$
126.12
s
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RFNT)
TOTAL FIXED COSTS
s
ACRE
ACRF
ACRE
ACRE
4.03
5.66
29.1 3
45.44
1 .00
1 .00
1 .00
1.00
4.03
5.55
29. 13
____________
$
84.26
5. TOTAL COSTS
$ 283.14
6. NFT RETURNS
s
41 .«6
LAND CHARGE BASED ON $60 LESS 50% OF IRRIGATION FIXED COSTS.
PREPARED BY DR. RAY SAMMONS, TAEX. AMARILLO, TFXAS PROJECTED ."'577
CORN FOP GRAIN, SPRINKLER IRRIGATED, TEXAS HIGH PLAIMS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
ITFM
nr>ERAT ION
NO.
D AT E
SHRFDDER AR TM
PICKUP 1/2 TON
OFFSET DISC TM
CHISFL
TM
PICKUP 1/2 TON
OFFSET DISC TM
PICKUP 1/2 TON
LISTFR-PLNT6R TM
C U LT I VAT O R 6 R T M
°.CKU3 1/2 TON
niTKU3 1/2 TOM
PICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
2 ,, 5 7
10
2 ,, 4 2
2 ,, 4 4
JAN
JAN
10
2 ,, 4 2
10
3 ,, 3 6
2 ., 3 3
I C
MAR
MAR
MAR
APR
APR
M AY
M AY
M AY
10
10
JUNE
J U LY
10
10
AUG
SEPT
TIMES
OVER
1 .00
0.10
1 .00
2.00
0.10
1.50
0.10
1.00
1.00
0.10
0-10
0.10
0._0
0.10
^
FUEL,OIL,
FIXED
L A B O R M A C H I N E L U B . , R E P. C O S T S
HOURS HOURS PER ACRE PER ACRE
0.331
0.125
0.2 83
0.400
0.125
0.424
0.125
0.3 38
0. 198
0.125
0.125
0.125
0.125
0. 184
C. 100
0.157
0.222
0.100
0.236
0. 100
0.1 88
0.110
0.100
0. 100
0.100
0.100
1.14
0.43
0.97
1.38
0.43
1.46
0.43
0o89
0. 69
0.43
0.43
0.43
0.43
- 0 * 1 2 5 -Q-3.100
-Os.*l
1 .48
0.19
1 • 12
1.92
0. 19
1.67
0.19
1.29
0.70
0. 19
0. 19
0. 19
0. 1 9
^
T O TA L S
2. _»74
1 -897
C~ 92
9.69
L A N D C H A R G E B A S E D O N $ 6 0 L E S S 5 0 % O F I R R I G AT I O N F I X E D C O S T S .
P R E PA R E D B Y D R . R AY S A M M O N S , TA E X , A M A R I L L O , T E X A S P R O J E C T E D 1 9 7 7
B U D G F T I D E N T I F I C AT I O N N U M 3 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
\
"
~ )
TEXAS HIGH PLAINS I REGION
^
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor 2
Tractor 3
Tractor 4
Pickup 1/2 ton
Rolling Cultivator TM
Cultivator 6R TM
Cultivator 8R TM
Lister Plntr 6R TM
Tandem Disc TM
Offset Disc TM
Chisel TM
Rodweeder TM
Rodweeder TM
Sand Fighter TM
Rodweeder TM
Lister 6R TM
Shredder 4R TM
Grain Drill TM
Box Float TM
Herb Spr/Disc TM
Rolling Cultivator HLM
Item
No.
2
3
4
10
30
33
34
36
40
42
44
48
50
51
52
54
57
58
60
61
65
Purchase
Price
Estimated
Years of Use
$22,500
17,000
14,000
5,500
1,700
1,400
1,900
1,500
1,400
2,250
4,000
1,250
2,500
5
5
5
3
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
450
1.250
850
2,100
1,750
1,000
550
1,700
Estimated
Hours of Use
Fixed Costs
Per Hour
5000
3750
3000
2100
1600
1600
1600
1200
1600
1600
1600
1200
1920
1920
$ 4.30
4.30
3.29
1.90
1.47
1.21
1.64
1.73
1.21
1.94
3.45
1.44
1.70
960
1.79
1200
1000
1000
800
800
1600
Variable Costs
Per Hour
$ 5.09
3.89
2.80
4.26
.05
.04
.05
.06
.04
.06
.11
.05
.06
.03
.06
.03
.09
.08
.06
.03
.05
.77
.97
2.90
2.52
1.73
.94
1.47
(Continued)
Ul
TEXAS HIGH PLAINS I REGION
(continued)
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Rolling Cultivator HLM
Cultivator 6R HLM
Cultivator 8R HLM
Grain Drill HLM
Lister Plntr 6R HLM
Lister Plntr 8R HLM
Tandem Disc HLM
Tandem Disc HLM
Offset Disc HLM
Chisel HLM
Rodweeder HLM
Furrow Opener HL?£
Rodweeder HLM
Lister 6R HLM
Lister 8R HLM
Shredder 4R. HUtf
Grain Drill HIli
Float Box HLM
Herb Spr/Disc HUi
J
Item
No.
66
68
69
70
71
72
75
76
77
79
85
86
87
89
90
92
93
95
96
Purchase
Price
Estimated
Years of Use
$ 2,400
1,400
1,900
3,000
1,500
1,900
1,400
2,250
2,250
4,000
1,250
1,200
1,250
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
c
850
1.200
2,100
1,750
1,000
550
J
Estimated
Sours of Use
Fixed Costs
Per Hour
1600
1600
1600
1200
1200
1200
1600
1600
1600
1600
1920
$ 2.07
1.21
1.64
3.45
1.73
2.19
1.21
1.94
1.94
3.45
800
960
2.07
1.79
1200
1200
1000
960
800
80C
.90
.97
1.38
2.90
2.52
1.73
.94
Variable Costs
Per Hour
$
.07
.04
.05
.11
.06
.07
.04
.06
.06
.11
.03
.07
.06
.03
.05
.09
.08
.06
.03
CORN FOR GRAIN, SPRINKLER IRRIGATED, TEXAS HIGH PLAINS i REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
UNIT
GROSS RECEIPTS FROM PRODUCTION
COPN
TOTAL
2. VARIABLE COSTS
OREHARVEST
SEED
FERT <N) APPL'D
FERT <P) APPL«D
INSFCTICIOF
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABORCTRACTOR & MACHINERY)
LABOR(IRRIGATION)
INTEREST ON OP. CAP.
SUBTOTAL, PRF-HARVEST
HARVEST COSTS
CUSTOM COMB INF
CUSTOM HAUL
CUSTOM DRYING
SUBTOTAL, HARVEST
BU.
LBS.
LBS.
LBS.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
PRICE
OR
VA L U E
OR
COST/JNIT QUANTITY COST
2.50
140.00
.361*2.2
364.00
0.90
0.1 1
0.16
20.00
3.48
5.7.5
58.01
4.50
4.00
0.1 0
20.00
180.00
40»00
I .OC
1 .00
1 .00
1 .00
2.69
I .15
39.74
13.00
19.80
6.40
20.00
3.48
5.75
58.01
12.12
4.61
t
BU.
BU.
BU.
0.30
0.05
0.10
42.00
7.00
140,00
140-00
140 .DL*
$
63.00
$ 215.14
TOTAL VARIABLE COST
$ 148.86
3. INCOME ABOVE VARIA8LE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
—2*9Z
$ 152.14
$
ACRE
ACRE
ACRE
ACRF
3.74
4.86
34.95
42.52
1.00
1 .00
I .00
1 *3 3
3.74
4.86
34.95
._4a*5a
$
86.07
5. TOTAL COSTS
$ 301.21
6. NFT RFTURNS
*
62.79
LAND CHARGE BASED ON $60 LESS 50% OF: I R R I G AT I O N F I X E D C O S T S .
PROJECTED 1977
PRFPARED BY DP. RAY SAMMONS, TAEX, . M A R I L L '3 , T E X A S
CORN FOR GRAIN, SPRINKLEP IRRIGATED, TEXAS HIGH PLAINS 1 REGTON
FSTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
OPERATION
HLM
SHREDDER 4R
CHISEL
HLM
PICKUP 1 / 2 T O N
OFFSET D I S C H L M
PICKUP 1 / 2 T O N
TANDEM D I S C H I M
PICKUP 1 / 2 T O N
L I S T- P L N T R 8 R HLM
CULTIVATOR6R HLM
PICKUP 1 / 2 TON
PICKUP 1 / 2 TON
PICKUP 1 / 2 TON
PICKUP 1 / 2 TON
PICKUP 1 / 2 TON
ITEM
NO.
2,92
2,79
10
2,77
10
2,76
10
2,72
2,68
10
10
10
10
10
DATE
FUEL.OIL, FIXED
TIMES LABOR MACHINF L U B . , R E ° . C O S T S
OVER HOURS HOURS
PER ACRE PER ACRE
JAN
JAN
JAN
MAR
MAR
APR
APR
MAY
MAY
MAY
JUNE
J U LY
AUG
SEPT
1 .00
2.00
0.10
2.00
0.10
1 .50
0.10
1 .00
1.00
0.10
0.10
0 .10
0.10
0. 10
T O TA L S
0. 155
0.196
0.100
0.262
0. 100
0. 137
0. 100
0.097
0.093
0.100
0.100
0.100
0.100
.__ 1.100
.->-l_!3
1 .25
1.69
0.19
1.86
0. 19
0. 98
0. 19
0.71
0.59
0.19
0. 19
0. 19
0. 19
.Q.i.12
2.693 1.741
9.23
8.60
0.279
0.353
0.125
0.471
0.125
0.247
0.125
0. 174
0. 168
0.125
0.125
0.125
0. 125
.0+125
0.96
1.22
0.43
1.62
0.43
0.85
0.43
0.60
0.57
0.43
0.43
0.43
0.43
L A N D C H A R G E B A S E D O N $ 6 0 L E S S 5 0 % O F I R R I G AT I O N F I X E D C O S T S .
P R E P A R E D B Y D P. R A Y S A M M O N S , T A E X , A M A R I L L O , T E X A S P R O J E C T E D 1 9 7 7
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 9
72 001501 170 0
^^%
CORN FOR GRAIN, FURROW IRRIGATED, TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
1. GROSS RECEIPTS FROM PRODUCTION
CORN
TOTAL
2. VARIABLE COSTS
PREHARVEST
SEFD
F E RT C 1 5 0 - 0 - 0 )
HERBICIDE
INSFCTICIDE
MACHINEPY
TRACTORS
IRRIGATION MACHINERY
LABOR(TRACTOR t MACHINERY)
LABOR( IRRIGATION)
INTEREST ON OP. CAP.
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
CUSTOM DRYING
SUBTOTAL. HARVEST
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
$
BU
LBS.
LBS.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
2.60
I IOoOO
0.90
0 . 11
8.75
1 5.00
4.79
8.38
37.87
4.50
4.00
Ot 10
18.60
150.00
1 .00
I .DO
1 .00
1 .00
1 .30
4.66
2.7 1
42.00
16.74
16.50
8.75
15.00
4.79
8.38
37.87
21 .07
10.82
±*Z0
$ 144.12
<J
BU.
BU.
BU.
0.30
0.0 5
0.10
33.00
5.50
1 i.0.00
i 1 0 _, 0 0
11 0 . 0 0
$
TOTAL VARIABLE COST
$
92.38
$
ACRE
ACRE
ACRE
ACRE
5.24
9.27
19.63
50.18
t .00
5.24
9.2 7
1 9.63
.._52._t.i2
84.33
1 900
1.00
1.00
5. TOTAL COSTS
6. NET RETURNS
19.50
$ 193.62
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TPACTORS
IRRIGATIOM MACHINERY
LAND (NFT PENT)
TOTAL FIXED COSTS
-255*10
i 286.00
277.94
$
8.06
LAND CHARGE BASED ON $60 LESS 50% OF IRRIGATION FIXED COSTS.
PREPARED BY DP. RAY SAMMONS, TAEX, AMARILLO. TEXAS PROJECTED 1977
CORN FOR GRAIN, FURROW IRRIGATED, TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
ITEM
O P E R AT I O N
NO,
D AT E
SHREDDER 4R TM
TANDEM D I S C
TM
PICKUP 1 / 2 T O N
TM
CHISFL
PICKUP 1 / 2 T O N
PT CKUP 1 / 2 T O N
OFFSET D I S C
TM
TANDEM D I S C
TM
PICKUP 1 / 2 T O N
BOX
F L O AT
TM
LI STEP 6 R
TM
°ICKUP 1/2 TON
PODWEEDER
TM
L I S T F R -• P L N T 6 R T M
HFRB SPP/DISC TM
PICKUP 1 / 2 T O N
R O L L I N G C U LT T M
P TCKU° 1 / 2 T O N
PICKUP 1/2 TON
PICKUP 1 / 2 T O N
PICKU° 1 / 2 TO N
PICKUP 1 / 2 T O N
3,57
4,40
NOV
T O TA L S
10
3,44
10
10
3,42
3,40
10
3,60
3.54
10
3.48
3,36
3,61
10
3,30
10
10
10
10
10
FUEL,OIL,
FIXFD
T I M E S LABOR M A C H I N E L U B . , R E = > . C O S T S
OVER
HOURS
HOJPS PER ACRE PER ACRE
100
100
100
100
0.88
0.53
0.43
0.53
0.43
0.43
0.74
0.74
0.43
1. 71
0.67
C.43
0.52
0.89
0.74
0.43
0.52
0.43
0 . 4 3
0.43
0.43
1.48
0.81
0. 19
0.96
0. 19
0. 19
1 . 11
1 .00
0. 19
2. 49
0.88
0. 19
0.72
1.29
0.96
0. 19
0.73
0.19
0. 19
0. 19
0. 19
c . i o -1*125
-O^IOO
_-Ui3
_£._12
4.682
2.937
13. 17
14.51
0.331
0. 283
0.125
0. 200
0. 125
0.125
0. 283
0.283
0.125
0.653
0.258
0. 125
0.1 98
0.338
0.283
0.125
0. 198
0.125
0.125
0. 125
0. 125
0.184
0. 157
0.100
0.1 1 1
0. 100
0.100
0. 157
0.157
0. 100
C.36 3
0.143
0. 100
0.110
0.183
0. 157
0. 100
AUG
1 .00
1.00
0.10
1.00
0.10
0.10
1 .00
1 .00
0.10
2.00
1 .00
0. 10
I .00
1 .00
1 .00
0.10
1 .00
0.10
0.10
0.10
0.10
S E P T.
NOV
NOV
DEC
DEC
JAN
FEB
FFB
FEB
MAR
MAR
MAR
APR
APR
APR
APR
M AY
M AY
JUNE
J U LY
o. no
0.
0.
0.
0.
L A N D C H A R G E B A S E D O N $ 6 0 L E S S 5 0 % O F I R R I G AT I O N F I X E D C O S T S .
D R E P A R F D B Y D P. R A Y S A M M O N S , T A E X , A M A R I L L O , T E X A S P R O J E C T E D 1 9 7 7
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 6 0 2 1 2 0 0
A N N U A L C A P I TA L M O N T H 9
^
\
CORN FOR GRAIN, FURROW IRRIGATED, TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LFVEL MANAGEMENT
UNIT
GROSS RECEIPTS FROM PRODUCTION
COPN
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FEPT (N) APPL'D
HERBICIDE
INSECTICIDE
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABOR(TRACTOR & MACHINERY)
LABOR(IRRIGATION)
INTEREST ON OP. CAP.
SUBTOTAL, PRE-HARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOM HAUL
CUSTOM DPYING
SUBTOTAL, HARVEST
BU
LBS.
LBS.
ACRF
ACRF
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
PRICE
OR
VA L J E
OR
COST/UNIT QUANTITY COST
$
2.60 140.00 -25±*01
0.90
0.1 1
8.75
20.00
4.7S
7.40
44.76
4.50
4.00
0.10
364.03
$
22.50
19.80
8.75
20.00
4.78
7.40
44.76
1 9.25
12.79
4^83
I 54. 86
25.30
160.30
I .00
1 .00
1 .00
1 .00
1.30
4.23
3.20
4-8.31
$
BU.
BU*
BU.
0.30
0.05
0.10
42.00
7.00
14 0.00
i ^ O . j -
140.00
$
TOTAL VARIABLE COST
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
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
LAND (NET RENT)
T O TA L F I X E D C O S T S
$
.__1___l22
63.03
ii
227.36
$
136.1*
$
ACRE
ACRE
ACRE
ACRE
4.87
8.19
23.20
48.40
1 .00
4.87
8. 19
23.20
1,00
1.3 0
_* -00
.-±2**0
3
312.52
5 . T O TA L C O S T S
6. NET RETURNS
L A N D C H A R G E B A S E D O N $ 6 0 L E S S 5 0 % 3 F I R R I G AT I O N F I X E D
P R E P A R F D B Y D P. R A Y S A M M O N S , T A F X * A M A R I L L O , T E X A S
84.66
$
51 .48
:C:3TSPR-;JFCTED 1977
12
CORN FOP GRAIN, FURROW IRRIGATED, TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
^*^\
FUEL.OIL, FIXED
ITEM
O P E R AT I O N
NO.
SHREDDER 4R HLM
TA N D E M D I S C H L M
PICKUP 1/2 TON
CHISEL
HLM
PICKUP 1/2 TON
PICKUP 1/2 TON
OFFSFT DISC HLM
TA N D E M D I S C H L M
PICKUP 1/2 TON
B O X R . O AT H L M
LISTER
6P
HLM
PICKUP 1/2 TON
PODWEEDEP HLM
LT S T- P L N T R 6 R H L M
HERB SPR/DISCHLM
PICKUP 1/2 TON
R O L L I N G C U LT H L M
P!CKU=» 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
"ICKUP 1/2 TON
PICKUP 1/2 TON
3,92
3,75
D AT E
T I M E S LABOR MACHINE
OVER
HOURS
HOURS
COSTS
L U B . , R E P.
PER ACRE PER ACRE
—■-■•-—-»—■——'«•——'——"""■"
T O TA L S
10
3,79
10
10
3,77
3,75
10
3,95
3,89
10
4,87
3,71
3,96
10
3,65
10
10
10
10
10
NOV
NOV
NOV
DEC
DEC
JAN
FEB
FEB
FEB
MAR
MAR
MAR
APR
APR
APR
APR
M AY
M AY
I .00
2.00
0.10
1 .00
0.10
0.10
1 .00
1 .00
0.10
2.00
1 .00
0.10
1 .00
I .00
1.00
0.10
1 .00
o.io
JUNE
J U LY
0.1C
0. 10
AUG
o.io
SEPT
0.10
0.155
0.262
0.100
0.098
0. 100
0.100
0.131
0.131
0. 100
0.314
0.110
0.100
0.100
0.129
0.086
0. 100
0.0 97
0.100
0.100
0. 100
0. 100
0.74
1.23
0.43
0.47
0.43
0.43
0.62
0.62
0.43
1.49
0.52
0.43
0.34
0.61
0.40
0.43
0.46
0.43
0.43
0.43
0.43
1.25
1.66
0. 19
0.84
0.19
0.19
0.93
0.83
0.19
2.16
0.67
0.19
0.57
0.89
0.52
0. 19
0.64
0. 19
0. 19
0.19
0. 19
- 0 _ . ! £ 5 _Q*i2a
-0*±2
_2xl2
12.18
13.06
0.279
0.471
0.125
3. 177
0. 125
0.125
0.235
0.235
0. 125
0.566
0.198
0.125
0.180
0.232
0. 155
0.125
0.175
0.125
0.125
0. 125
0.125
4.278
2.713
^X
LAND CHARGE BASFD ON $60 LESS 50% OF IRRIGATION FIXED COSTS.
PREPARED BY DR. RAY SAMMONS. TAEX, AMARILLO, TEXAS PROJECTED 1977
BUDGFT IDENTIFICATION NUMBER--— 72 001701 120 0
ANNUAL CAPITAL MONTH 9
^
\
13
CORN FOR SILAGE, FURROW IRRIGATED, TEXAS HIGH PLAINS
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
1 REGI UN
j0^\
UNIT
GROSS RECEIPTS F R O M P R O D U C T I O N
CORN SILAGF
TOTAL
2.
VA R I A B L E C O S T S
PPEHARVEST
SEED
FERT (N) APPL'D
FERT (P) APPL'D
HERBICIDE
MACHINERY
TRACTORS
I R R I G AT I O N M A C H I N E R Y
LABOR<TRACTOR & MACHINERY)
L A B O R ! I R R I G AT I O N )
I N T E R E S T O N O P. C A P.
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
$
TON
1 5.00
18.00
$
LBS.
LBS.
LBS.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
0.60
0.1 1
0.19
8.75
4,79
8*t;9
37.87
4.50
4*00
0*10
15.00
19.80
11 . 4 0
8.75
4.79
8.53
37.87
21 .07
10.82
3.97
142.05
25.00
180.00
60.00
1 iOO
1 .30
1 .00
1.00
4.68
2.71
39.57
SUBTOTAL. PRE-HARVEST
HARVEST COSTS
SUBTOTAL
HARVEST
$
TOTAL VARIABLE COST
270.00
0.0
$ 142.05
3. INCOME ABOVE VARIABLE COSTS
£
4 . FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
Si
ACRE
ACRE
ACRE
ACRE
5.28
9.46
19.63
50.18
1
1
!
I
.00
.00
.00
.3 0
127.95
5.28
9.45
19.63
.____S_.l1-_
$
84.56
5. TOTAL COSTS
$ 225.61
6. NET RETURNS
$
43.39
LAND CHARGE BASED ON $60 _ESS 50% OF IRRIGATION FIXED COSTS*
CROP SOLD STANDING IN FIELD.
PREPARFD BY DR. RAY SAMMONS, TAEX, AMARILLO, TEXAS PROJECTED 1977
14
C O R N F O R S I L A G E , F U R R O W I R R I G AT E D , T F X A S H I G H P L A I N S 1 R E G I O N
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 R A C R E
TYPICAL MANAGEMENT
O P E R AT I O N
SHREDDER 4R
TM
TA N D F M D I S C
TM
P I C K U P 1 / 2 TO N
TM
CHISEL
PICKUP 1/2 TON
PICKUP 1/2 TON
OFFSET D I S C
TM
TANDFM D I S C T M
PICKUP 1/2 TON
R O X F L O AT
TM
LISTER 6R
TM
P I C K U P 1 / 2 TON
RODWEEDER
TM
LISTER-PL NT 6R TM
H E R B S P R / D I S C TM
PICKUP 1/2 TON
R O L L I N G C U LT T M
PICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
DICKUP 1/2 TON
PICKUP 1/2 TON
T O TA L S
ITEM
NO.
3,57
3,40
10
3,44
10
10
3,42
3,40
10
3,60
3,54
10
3,52
3, 36
3,61
10
3,30
10
10
10
10
10
D AT E
FUEL.OIL,
FIXED
T I M E S L A B O R M A C H I N E L U B . , R E P. C O S T S
OVER HOURS HOURS PER ACRE PER ACRE
NOV
NOV
NOV
DEC
DEC
JAN
FEB
FEB
FEB
MAR
MAR
MAR
APR
APR
APR
APR
M AY
MAY
JUNE
J U LY
AUG
SEPT
l.OC
I .00
0.10
1 .00
0.10
0.10
1 .00
1.00
0.10
2.00
1 .00
0.10
1 .00
1 .00
1 .00
0.10
1 .00
0.10
0.1«
0.10
0.10
0.10
a.331
0.283
0.125
0.200
0 .125
0. 125
0.283
0.283
0.125
0 .653
0.258
0. 125
0.198
0.338
0.283
3. 125
0.198
0.125
0.125
0. 125
0. 125
0.184
0.157
0. 100
0 . 111
0.100
0. 100
0.157
0.157
0. 100
0.363
0. 143
0.100
. 0 * 111
0.88
0.74
0.43
0.53
0.43
0.43
0.74
0.74
0.43
1.71
0.67
0.43
0.52
0.89
0.74
0.43
0.52
0.43
0.43
0.43
0.43
_0__i.il
.2x125
-Q-.19
4.682
2.937
13.37
14. 74
o. no
0.188
0.157
0. 100
0 . 11 0
0.100
0.100
0.100
0. 103
1.48
1.00
0.19
0.96
0.19
0.19
1 . 11
1 .00
0. 19
2.49
0.88
0. 19
0.76
1. 29
0.96
0.19
0.73
0. 19
0. 19
0. 19
0. 19
L A N D C H A R G E B A S E D O N $ 6 0 L E S S 5 0 % O F I R R I G AT I O N F I X E D C O S T S .
C R O P S O L D S TA N D I N G I N F I E L O .
P R E PA R E D B Y D R . R AY S A M M O N S , TA E X , A M A R I L L O , T E X A S P R O J E C T E D 1 9 7 7
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 3 0 0 1 6 0 2 1 2 0 0
A N N U A L C A P I TA L M O N T H 9
^ ^ \
<f^a\
15
C O R N F O R S T L A G E . F U R R O W I R R I G AT E D , T E X A S H I G H P L A I N S
1 REGION
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 R A C R E
HIGH LEVEL MANAGEMENT
UNIT
1. GROSS RFCEIPTS FROM PRODUCTION
CORN SILAGE
TOTAL
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
$
TON
1 5.50
24. 3 0
.322*051
$ 372.00
2. VARIABLE COSTS
PREHARVEST
SEED
FERT (N) APPL'D
FERT (P) APPL'D
HERBICIDE
MACHINEPY
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 & MACHINERY)
L A B O R ! I R R I G AT I O N )
I N T E R E S T O N O P. C A P *
S U B T O TA L , P R F - H A R V E S T
LBS.
LBS.
LBS.
ACRE
ACRE
ACRF
ACRE
HOUR
HOUR
DOL •
0.60
0.1 1
0.19
8.75
4.35
6.8*
44.76
4.50
4.00
0.10
-
25.30
200.00
60.00
1 .33
1 .00
1.00
1 .00
3.87
3.20
42.55
15.00
22.00
1 1 ,40
8.75
4.35
6.81
44.76
17.43
i2.79
**25
$ 147.55
HARVEST COSTS
S U B T O TA L , H A R V E S T
$
$
T O TA L VA R I A B L E C O S T
$ 147.55
£ 224.45
3 . I N C O M E A B O V E VA R I A B L E C O S T S
s
4. FlXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
0.3
ACRE
ACRE
ACRE
ACRE
4.54
7.51
23.20
48.40
4.54
7.51
23.20
1 .00
1 .00
1.00
1.00
$
.-±2*±1
83.65
5. TOTAL COSTS
231.20
6. NET RETURNS
$ 140.80
LAND CHARGE BASED ON $60 LESS 50% OF IRRIGATION FIXED COSTS.
CROP SOLD STANDING IN FIELD.
PREPARED BY DR. RAY SAMHONS, TAEX, AMARILLO, TEXAS PROJECTED 1977
16
CORN FOR SILAGE, FURROW IRRIGATED, TEXAS HIGH PLAINS
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LFVEL MANAGEMENT
ITEM
NO.
OPERATION
SHREDDER 4R
TA N D E M D I S C
PICKUP
CHISEL
1/2
HLM
HLM
T ON
HLM
P I C K U P 1 / 2 T ON
P I C K U O 1 / ? . T ON
OFFSET DISC
HLM
TA N D F M D I S C
HLM
PICKUP 1/2
B O X F L O AT
T ON
HL M
LISTFR 8R
HLM
P I C K U P 1 / 2 T ON
RODWEEDER
HLM
LT S T- P L N T R 6 R HLM
H E R B S P R / D I S CHLM
P I C K U P 1 / 2 T ON
P O L L I N G C U LT HLM
P I C K U P 1 / 2 T ON
PICKUP
PICKUP
PICKUP
1/2
1/2
1/2
T ON
T ON
T ON
NOV
NOV
NOV
DEC
3 , 7 9
10
10
DEC
JAN
FFB
3 , 7 7
3 , 7 5
FFB
FEB
MAR
MAR
MAR
APR
10
3 , 9 5
3 , 9 0
10
3 , 8 7
3,71
3 , 9 6
APP
APR
A°R
M AY
M AY
10
3,65
10
10
10
JUNE
JULY
SEPT
10
1 .00
1 .00
0.10
1 .00
0.10
0.10
1 .00
1 .00
0.10
2.00
1 .00
0.10
1 .00
1 .00
1 .00
0.10
1 .00
0.10
0.10
0.10
0.10
TO TA L S
0. 155
0.131
0.100
0.0 98
0.100
0.100
0. 1 31
0.131
0.100
0.314
0.086
0. 100
0.100
0.129
0.086
0. 100
0.097
0. 100
0.100
0. 100
0 . 7 4
0 . 6 2
0 . 4 3
.1*125
.2x122
-0*±2
_2xl2
2.458
11 . 1 6
12.05
LAND CHARGE 8ASFD ON $60 LESS 50% OF
C R O P S O L D S TA N D I N G I N F I F L D .
P R E PA R E D
BY
DR.
R AY
SAMMONS.
TA E X .
I D E N T I F I C AT I O N
ANNUAL
C A P I TA L
MONTH
NUMBER-—
9
^%.
0. 279
0.235
0.125
0.177
0.125
0.125
0. 235
0.235
0.125
0.566
0. 155
0. 125
0.180
0.232
0.155
0.125
0. 175
0.125
0.125
0.125
3.874
BUDGET
REGION
FUEL.OI-. FIXED
TIMES LABOR MACHINE LUB.,RFP. COSTS
OVER HOURS HOURS PER ACRE PER ACRE
DATE
3,92
3,75
10
1
0 . 4 7
0 . 4 3
0.4 3
0 . 6 2
0 . 6 2
0.4 3
1 . 4 9
0.41
0 . 4 3
0 . 4 7
0 . 6 1
0 . 4 0
0 .
0 .
0 .
0 .
C .
I R R I G AT I O N
FIXED
AMARILLO.
TEXAS
723001701
120
0
4
4
4
4
4
3
6
3
3
3
1 . 2 5
0 .
0.
0 .
0.
0.
8 3
19
8 4
19
19
0 . 9 3
0 . 8 3
0.
2.
0 .
0 .
0 .
19
16
5 6
1 9
6 9
0 . 8 9
0 . 5 2
0. 19
0 .
0.
0 .
0.
^ X
6 4
19
1 9
19
COSTS.
PROJECTED
1977
17
FORAGE SORGHUM. DRYLAND, TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMFNT
UNIT
1. GROSS RECEIPTS FROM PRODUCTION
GRAZING
T O TA L
2. VARIABLE COSTS
PREHARVEST
SEED
MACHINERY
TRACTORS
LABOR(TRACTOR & MACHINERY)
INTEREST ON OP. CAP.
PRICE
OR
VA L U E
OR
COST/UNIT QUANTITY COST
$
LBS.
0.30
50.00
15A03
$ 15.00
LBS.
ACRE
ACRE
HOUR
DOL.
0.35
2.18
2.94
4.5C
0.10
5.00
1 .00
1.33
1.76
2.56
1 .75
2.18
2.94
7.91
S U B T O TA L , O R E - H A R V E S T
HARVEST COSTS
SUBTOTAL, HARVEST
TOTAL VARIABLE COST
3. INCOME ABOVE VARIABLE COSTS
/^X
4. FIXED COSTS
MACHINERY
TRACTORS
LAND (NET PENT)
TOTAL FIXED COSTS
2x26
£
15.03
$
$
0.0
$
15.03
$
-0.03
$
ACRE
ACRE
ACRE
2.53
3.24
4.95
$
2.53
3.24
4X95
10.72
5 . T O TA L C O S T S
$
25.76
6. NFT RETURNS
$ -10.76
LAND CHARGE BASED ON 33% OF GROSS IMC3ME.
PREPARED BY DR. RAY SAMMONS. TAEX, AMARILLO, TEXAS
1 .00
1 .00
1.00
PROJECTED 1977
FORAGE SORGHUM, DRYLAND, TEXAS HIGH PLAINS 1 REGION
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 R A C R E
TYPICAL MANAGEMENT
O P E R AT I O N
CHISEL
TM
PICKUP 1/2 TON
PICKUP 1/2 TON
CHISEL
TM
TA N D E M D I S C T M
GRAIN DRILL TM
DICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
ITEM
NO.
3,44
10
10
3,44
3,40
3,58
10
10
10
^
FIXEO
FUEL,OIL,
LABOR MACHINE L U B . , R E P.
COSTS
HOURS
PER ACRE PER ACRE
HOURS
D AT E
TIMES
OVER
FEB
FFB
MAR
APR
APR
MAY
MAY
JUNF
AUG
1 .00
0.200
0.10
0. 125
0.10
0.125
1 .00
0.200
1 .00
0.283
1 .00
0.449
0.10
0.125
0.10
0.125
0 . 1 0 .- 2 x 1 2 5
0.111
0.100
0.100
0.1 1 1
0. 157
0.249
0. 100
0.100
0.53
0.43
0.4 3
0.53
0.74
1. 19
0.43
0.43
0.96
0.19
0. 19
0.96
1 .00
1.91
0.19
0. 19
-2x122
-0**3
-2x12
1.757
1.129
5. 12
5.77
TOTAL S
\
y*^S\
LAND CHARGE BASED ON 33% OF GROSS INCOME.
O R E PA R F D B Y D R . R AY S A M M O N S , TA E X , A M A R I L L O , T E X A S
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 9
PROJECTED 1977
871001002 100 0
^ S
19
FORAGE SORGHUM, FURROW IRRIGATED. TEXAS HIGH PLAINS 1 REGION
ESTIMATED COSTS AMD RETURNS PER ACRE
TYPICAL MANAGEMENT
UNIT
PRICE
OR
VA L U E
DR
COST/UNIT QUANTITY COST
GROSS RECEIPTS FPOM PRODUCTION
TOTAL
">. VARIABLE COSTS
PREHARVEST
SEED
FERT (N) APPL"D
HERBICIDE
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LABOR(TRACTOR F, MACHINERY)
LABOR!IRRIGATION)
INTEREST ON OP. CAP.
SUBTOTAL, ORE-HARVEST
0.0
S
7.00
16.50
4.38
3.92
5.31
24.10
1 4.27
6.89
2x39
84.74
HARVEST COSTS
SUBTOTAL, HARVEST
$
$
0 . 0
TOTAL VARIABLE COST
$
84. 74
LBS.
LBS.
LBS.
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
0.35
0 . 11
8.75
3.92
5.31
24.10
4.50
4.00
0.10
20.30
1 50.00
0.50
1 .30
1.0 0
1.00
3.1 7
1.72
23.39
3. INCOME ABOVE VARIABLE COSTS
4. FlXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINEPY
LAND (NET RENT)
TOTAL FIXED COSTS
$ -84.74
$
ACRF
ACRE
ACRE
ACRE
4.28
5.85
12.49
33.75
4.23
5.85
12.49
1 .30
I.00
1.00
1 .00
$
.-21*15
56.37
5. TOTAL COSTS
$
6. NET RETURNS
$•«• 1 4 1 . 1 2
141.12
LAND CHARGE BASED ON $40 LESS 50% OF I R R I G A T I O N F I X E D C O S T S .
PROJECTED 1977
PREPARED BY DR. RAY SAMMONS, TAEX, A M A R I L L O , T E X A S
20
F O R A G E S O R G H U M , F U R R O W I R R I G AT F 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 R A C R E
TYPICAL MANAGEMENT
O P F R AT I O N
SHREDDER 4P TM
TA N D E M D I S C T M
PICKUP 1/2 TON
CHISEL
TM
PICKUP 1/2 TON
TA N D E M D I S C T M
PICKUP 1/2 TON
BOX
F L O AT
TM
LISTER
6R
TM
PICKUP 1/2 TON
RODWEEDER
TM
GRAIN DRILL TM
PICKUP 1/2 TON
PTCKUP 1/2 TON
PICKUP 1/2 TON
OICKUP 1/2 TON
PICKUP 1/2 TOM
ITEM
NO.
3,57
40
10
3.44
10
3, 40
10
3,60
3,54
10
3,52
3,58
10
10
10
10
10
D AT E
NOV
NOV
NOV
DEC
DEC
FEB
FEB
MAR
MAR
MAR
M AY
MAY
M AY
JUNE
J U LY
AUG
SEPT
T O TA L S
1 REGION
FUEL,OIL,
FIXED
T I M E S L A B O R M A C H I N E L U B . , R E P. C O S T S
OVER HOURS HOURS PER ACRE PER ACRE
1 .00
1 .00
0.331
0.0
0. 125
0.200
0.125
0.283
0.125
0.326
0.258
0.125
0.198
3.449
0.125
0.125
0.125
0. 125
o . i c -_xi£5
0.100
0.100
0.88
0.01
0.43
0.53
0.4 3
0.74
0.43
0.86
0.67
0.43
0.52
1. 19
0.43
0.43
0.43
0.43
.2x122
.2x43
-2x12
3.170
2.193
9.23
10.13
o.io
1 .00
0.10
1 .00
0.10
1 .00
1 .00
0.10
1 .00
1 .00
0.10
n.10
0.10
0.10
0.184
0.157
0. 100
0 . 111
0.100
0.157
0.100
0. 181
0.143
0.100
0.1 10
0.249
0. 100
0.100
1.48
0.19
0. 19
0.96
3. 19
1.00
0.19
1.25
0.88
0. 19
C.76
1.91
0.19
0.19
0. 19
0.19
L A N D C H A R G E B A S F D O N $ 4 0 L E S S 5 0 % O F I R R I G AT I O N F I X E D C O S T S .
P R E P A R E D B Y D P. R A Y S A M M O N S , T A E X , A M A R I L L O , T E X A S
PROJECTED 1977
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 9
" ^ \
871001402 120 0
^^\