r
TEXAS HIGH PLAINS IV
FOREWORD
C
The enterprise budgets for Texas High Plains
IV 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.
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 IV REGION
Assumed Prices Paid and Received by Farmers 1/
Unit
Price
Seed
Cotton (delinted)
Grain Sorghum
Wheat (cleaned and treated)
Alfalfa
Southern peas
cwt.
cwt.
bu.
cwt.
cwt.
$ 32.00
45.00
7.50
150.00
40.00
Custom rates
Cotton (harvest and haul)
Combining wheat (dryland)
Combining wheat (irrigated)
cwt.
acre
acre
Item
Prices paid (1977)
Combining grain sorghum (dryland)
Combining grain sorghum (irrigated)
acre
cwt.
1.00
7.50
7.50 + .10/bu
over 20 bu.
7.50
.30
Hauling
Grain sorghum
Wheat
cwt.
bu.
.20
.15
Chemical spraying (aerial)
Cotton ginning
acre
cwt.
2.50
1.25
Fuel lubricants
Gasoline
Diesel fuel
gal.
gal.
.50
.40
Fertilizer (bulk)
Nitrogen (anhydrous)
Nitrogen (liquid)
Phosphate
lb.
lb.
lb.
.10
.20
.16
Labor (except hoeing & irrigation)
Labor (irrigation)
Labor (hoeing)
hour
hour
hour
3.50
3.50
2.25
HIGH PLAINS IV
>#^s
-2-
Item
Unit
Price
Chemicals
Pre-emergence 1h e r b i c i d e
5 gal.
$130.00
Land Lease (cash r e n t )
General
acre
60.00
Hail Insurance
Wheat
Cotton
Grain Sorghum
$100
$100
$100
8.00
12.00
8.00
Interest
Capital
Operating
J^S
$
$
.08
.10
Price received (1977)
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 )
Southern Peas
lb. lint
ton
bu.
cwt.
ton
cwt.
.55
95.00
3.05
4.25
45.00
17.50
1/ These price assumptions are not to be interpreted as predictions or
prospective prices.
"~x
" >
TEXAS HIGH PLAINS IV REGION
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Tractor
2
Tractor
3
Tractor
4
Tractor
5
Pickup
1/2
ton
Rolling Cultivator TM
Cultivator 8R TM
Lister-Plntr 8R TM
Bed Planter 8R TM
Ta n d e m D i s c T M
Ta n d e m D i s c T M
Moldboard 6B TM
Sand Fighter TM
Packer
TM
Lister
8R
TM
Shredder 2R TM
Shredder 4R TM
Grain
Drill
TM
Item
No.
Purchase
Price
Estimated
Years of Use
2
3
4
5
10
31
34
37
39
40
41
47
51
53
55
56
57
58
$ 22,500
17,000
14,000
6,700
5,500
2,400
1,900
1,900
2,500
1,400
2,250
2,450
450
375
1,200
475
2,100
1,750
5
5
5
12
3
8
8
8
8
8
8
8
8
8
8
8
8
8
Estimated
Hours of Use
5000
3750
3000
3600
2100
1600
1600
1200
1600
1600
1600
1600
1920
960
1200
1200
1000
1000
Fixed Costs
Per Hour
$ 4.30
4.30
3.29
2.76
1.90
2.07
1.64
2.19
2.16
1.21
1.94
2.12
.77
.32
1.38
.65
2.90
2.52
Variable Costs
Per Hour
$ 5.09
3.89
2.80
2.20
4.26
.07
.05
.07
.07
.04
.06
.07
.03
.01
.05
.02
.09
.08
(continued)
"
^
)
Texas High Plains IV Region continued
Estimated Machinery and Equipment Cost Per Hour of Use
Machinery
Item and Size
Herb Spr/Disc TM
Rolling Cultivator HLM
Cultivator 8R HLM
List-Plntr 8R HLM
Bed Plntr 8R HLM
Tandem Disc HLM
Tandem Disc HLM
Moldboard 6B HLM
Sand Fighter HLM
Packer HLM
Lister 8R HLM
Shredder 2R HLM
Shredder 4R HLM
Grain Drill HLM
Herb Spr/Disc HLM
Item
No.
61
66
69
72
74
75
76
82
86
88
90
91
92
93
96
Purchase
Price
$
550
2,400
1,900
1,900
2,500
1,400
2,250
2,450
450
375
1,200
475
2,100
1,750
550
Estimated
Years of Use
8
8
8
8
8
8
8
8
8
8
8
8
8
8
8
Estimated
Hours of Use
800
1600
1600
1200
1600
1600
1600
1600
800
1600
1200
1000
1000
960
800
Fixed Costs
Per Hour
$ .94
2.07
1.64
2.19
2.16
1.21
1.94
2.12
.77
.32
1.38
.65
2.90
2.52
.94
Variable Costs
Per: Hour
$
.03
.07
.05
.07
.07
.04
.06
.07
.03
.01
.05
.02
.09
.08
.03
ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND PETJRNS PER ACRE
TYPICAL MANAGEMENT (CENTER PIVOT SYSTEM)
UNIT
PRICE OR
COST/UNIT QUANTITY
VA L U E O R
COST
1, GPOSS RECEIPTS FRCM PRODUCTION
T O TA L
2 » VA R I A B L E C O S T S
PREHARVEST
SEED
FERT(20-I00-60)
MACHINERY
TRACTORS
I R R I G AT I O N M A C H I N E R Y
LABOR(TRA.CTOR & 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 E - H A R V E S T
0,0
LBS.
ACPE
*CPE
ACRE
ACRE
HOUR
HOUR
->OL«
1.50
27,90
2.19
3.72
21.90
3*50
3.50
0,10
22.00
1.00
1*00
1.00
1,00
U 7 6
0.50
24,72
33.00
27,90
2,19
3,72
21.90
6.17
1. 75
—2*41
99,09
s
$
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
99,09
$ -99,09
3 . I N C O M E A B O V E VA R I A B L E C O S T S
£
4. FIXEC COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
C O
ACRE
ACRE
ACRE
ACRE
2.70
3.64
2 4.70
4 7,65
1.00
1.00
1.00
1.00
2, 70
3,64
24, 70
—.£7*65
78.69
5 . T O TA L C O S T S
S 177,78
6. NET RETURNS
S--177. 78
LAND CHARGE BASED ON RATES IN REGION, S60/ACRE. LESS 50 PCT, OF
IRRIGATION FIXED CCSTS.
PREPARED BY MARVIN SARTIN, TAEX, LUBBOCK, TEXAS PROJECTED 1977
/ ~ \ ^ V
ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT (CENTER PIVOT SYSTEM)
O P E R AT I O N
MOLDBOARD 6B TM
PA C K E R
TM
PICKUP 1/2 TON
TA N O E M D I S C T M
TA N D E M D I S C T M
PICKUP 1/2 TON
GRAIN DRILL TM
P ICKUP I/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
T O TA L S
ITEM
NOo
2,47
53
10
3,41
3,41
10
4,58
10
10
10
D AT E
FUEL.CIL.
FIXED
T I M E S LABOR MACHINE L U B . . R E P.
CGSTS
HOURS
HOURS
PER ACRE PER ACRE
OVER
JUNE
JUNE
J U LY
AUG
AUG
AUG
SEPT
SEPT
OCT
NOV
1.00
1*00
0.10
1*00
1.00
0.10
1.00
OolO
0*10
0,1 0
0*480
0 . 0
0.125
3.165
3.165
0.125
0.327
0.125
0.125
0.320
0.307
0. 100
0.110
0.110
0.100
0.218
0.1 00
0.100
1.98
0.00
0.43
0 . 5 2
0.52
0.43
0.75
0.43
0«43
2.3 3
0.10
0 . 1 9
0.78
0.78
0.19
1.41
0.19
0.19
-2-125
_ fi _ t . l fi fi
-0*42
-2*12
1.762
1.565
5.90
6.34
LANO CHARGE BASED ON RATES IN REGION, S60/ACRE, LESS 50 PCT. OF
IRRIGATION FIXED COSTS.
PREPARED BY MARVIN SARTIN, TAEX, LUBBOCK, TEXAS 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 8 11 0 C 4 3 0 2 4 7 0 0
ANNUAL CAPITAL MONTH 12
/*^^v
j ^ N
ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT (CENTER PIVOT SYSTEM)
UNI T
PRICE
OR
VA L U E
OP
COST/UNIT QUANTITY COST
GROSS RECEIPTS FROM PRODUCTION
TOTAL
2 . VA R I A B L E C O S T S
PREHARVEST
SEED
FERT(20-120-100)
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.
S U B T O TA L , P R E - H A R V E S T
0 . 0
LBS.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
1.50
36.20
2.18
3.0Q
21.90
3.50
3.50
0.10
22.00
1.00
1.00
1.00
I.00
1.55
0.50
2 7 . 11
33.00
36. 20
2. 18
3.09
21.90
5.4 3
1.75
2 - 11
$ 106.26
$
s
HARVEST COSTS
S U B T O TA L , H A R V E S T
106.26
TOTAL VARIABLE COST
$ -• 1 0 6 . 2 6
3. INCOME ABOVE VARIABLE COSTS
4. FIXEO COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINERY
LAND (NET RENT)
TOTAL FIXED COSTS
0 . 0
$
ACRE
ACRE
ACRE
ACRE
2.37
3.00
24.70
4 7.65
1
1
1
1
.
.
.
.
0
0
0
0
0
0
0
0
2.37
3.00
24.70
$
—±1-55
77.72
5. TOTAL COSTS
$ 183. 98
6. NET RETURNS
-183.93
L A N D C H A R G E B A S E D O N R A T E S I N R E G I C N , S 6 0 / A C R E , L E S S 5 0 P C T. 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 C B Y M A RV I N S A RT I N , TA E X , L U B B O C K , T E X A S P R O J E C T E D 1 9 7 7
JSP^V
ALFALFA EST AS., IRRIGATED, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT (CENTER PIVOT SYSTEM)
O P E R AT I O N
MCLOBOARO 6B HL4
PA C K E R
HLM
PICKUP 1/2 TON
TA N D E M D I S C H L M
TA N D E M D I S C H L M
PICKUP 1/2 TON
GRAIN DRILL HLM
PICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
ITEM
NO.
2,82
88
10
3,76
3,76
10
4,93
ID
10
10
/^^k
D AT E
FIXED
FUEL.OIL,
COSTS
T I M E S LABOR MACHINE L U B . , R E P .
HOURS
PER ACRE PER ACRE
OVER
HOURS
J U LY
J U LY
J U LY
AUG
AUG
AUG
SEPT
SEPT
OCT
NOV
1.00
1.00
0.10
1.00
1.00
0.10
1.00
0.10
0.10
0.10
T O TA L S
0.423
0 . 0
0.125
0.137
0.137
0.125
0.229
0.125
0.125
0.282
0.259
0.100
0.0 92
0.092
0.100
0.153
0.100
0.100
-1*125 _fi±lfifi
1.552
1.377
1
0
0
0
0
0
0
0
0
.
.
.
.
.
.
.
.
.
7
0
4
4
4
4
5
4
4
4
0
3
3
3
3
3
3
3
2.05
0 . 0 8
0 . 1 9
0.65
0 . 6 5
0 . 1 9
0,99
0 . 1 9
0 . 1 9
-0*42
_fi_12
5.27
5.37
/^B%.
L A N D C H A R G E B A S E D O N R A T E S I N R E G I O N , S 6 0 / A C R E , L E S S 5 0 P C T. 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 O B Y M A RV I N S A RT I N , TA E X , L U B B O C K . T E X A S P R O J E C T E D 1 9 7 7
B U O 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
8 11 0 0 4 3 0 1
470
0
f * ^ v
ALFALFA, IRRIGATED. TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT (CENTER PIVOT SYSTEM)
UNIT
1. GROSS RECEIPTS FROM PRODUCTION
HAY
TOTAL
2. VARIABLE COSTS
PREHARVEST
FERT(0-100-60)
MACHINERY
I R R I G AT I O N M A C H I N E P 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 E - H A R V E S T
PRICF OR
COST/UNIT QUANTITY
VALUE QR
COST
S
TON
45.00
6.50
-22Z*50
$ 292.50
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
25.40
2.13
74.46
3.50
3.50
0.10
1.00
1.00
1.00
0.62
1.70
38.38
25.40
2. 13
74.46
2.19
5.95
2*2*
s 113.97
HARVEST COSTS
S U B T O TA L , H A R V E S T
$_
$
TOTAL VARIABLE COST
$ 11 3 . 9 7
$ 1 78.53
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTOPS
IRRIGATION MACHINEPY
PRORATED ESTAB. COST
LAND (NET RENT)
TOTAL FIXED COSTS
0 . 0
ACRE
ACRE
ACRE
ACRE
ACRE
0.95
0.0
83.98
17 6.63
31.14
1.00
1.00
1.00
0.14
1.00
0. 95
0.0
83.98
25.26
_-_ii__i4
$ 141.32
5 . T O TA L C O S T S
2 55.2 9
6. NET RETURNS
37.21
L A N D C H A R G E B A S E D O N L A N D L O R D ' S S H A R E ( 1 / 4 ) L E S S 5 0 P C T. O F I P R I G A T I O N
F I X E D C O S T S . E S TA B . C O S T P R O R AT E D C V E R 7 Y E A R S . C R O P S O L D I N F I E L D .
P R E PA R E C B Y M A RV I N S A RT I N , TA E X , L U B 3 0 C K , T E X A S P R O J E C T E D 1 9 7 7
10
A 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 V 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 (CENTER PIVOT SYSTEM)
O P E R AT I O N
PICKUP
PICKUP
PICKUP
PICKUP
PICKUP
NO.
FUEL,OIL,
FIXED
ITEM
TIMES
LABOR
MACHINE
L U B * . R E P.
COSTS
D AT E
OVER
HOURS
HOURS
PER
ACRE
PER
ACRE
1/2 TON
1/2 TON
1/2 TON
1/2 TON
1/2
TON
TO TA L S
10
10
10
10
10
MAR
MAY
JULY
SEPT
OCT
0.625
0.10
0.10
0.10
0.10
O.IO
0.125
0.125
0.125
0.125
-0*125
0.100
0.1 00
0.100
0.100
0.43
0.43
0.43
0.43
_fl±.lftfi
0.500
2.13
-0*43
0.19
0.19
0.19
0.19
-0*19
0.95
L A N D C H A R G E B A S E D O N L A N D L O R D ' S S H A R E ( 1 / 4 ) L E S S 5 0 P C T. O F I R R I G A T I O N
F I X E D C O S T S . E S TA B . C O S T P R O R AT E D O V E R 7 Y E A R S . C R O P S O L D I N F I E L D .
P R E PA R E D B Y M A RV I N S A RT I N , TA E X , L U B B O C K , 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 8 1 0 0 4 6 0 2 4 7 0 0
A N N U A L C A P I TA L M O N T H 1 0
11
A L FA L FA , I R R I G AT E C , T E X A S H I G H P L A I N S I V 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 P A C R E
H I G H L E V E L M G M T. , ( C E N T E R P I V O T S Y S T E M )
UNIT
GROSS R E C E I P T S F R O M P R O D U C T I O N
H AY
T O TA L
2 * VA R I A B L E C O S T S
PREHARVEST
FERT(0-120-80)
MACHINERY
I R R I G AT I O N M A C H I N E R Y
LABCR(TRACTOR & MACHINERY)
L A B O R d 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 E - H A R V E S T
TON
PRICE OR
COST/UNIT
QUANTITY
45.00
6.50
$
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
31.40
2.13
89.79
3.50
3.50
0.10
__32t..§£
382.50
31.40
2. 13
89.79
2.19
7.17
1.00
1.00
1.00
0.62
2.C5
46.26
$
HARVEST COSTS
$
$
S U B T O TA L , H A R V E S T
±*32
1 3 T. 3 1
0.0
_ 137. 31
T O TA L VA R I A B L E C O S T
$ 245.19
3 . I N C O M E A B O V E VA R I A B L E C O S T S
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
P R O R AT E D E S TA B . C O S T
LAND (NET RENT)
T O TA L F I X E D C O S T S
VA L U E O R
COST
$
ACRE
ACRE
ACRE
ACRE
ACRE
0.95
0 . 0
101.27
181.26
44.99
0.95
1.00
1.00
1.00
0.14
1.00
0 . 0
101.27
25.92
—±4-99
s 173.12
5 . T O TA L C O S T S
$ 310.43
6. NET RETURNS
$
72.07
L A N D C H A R G E B A S E D C N L A N D L O R D ' S S H A R E ( 1 / 4 ) L E S S 5 0 P C T. O F I R R I G AT I O N
F I X E D C O S T S . E S TA B . C O S T P R O R AT E D O V E R 7 Y E A R S . C R O P S O L D I N F I E L D .
PROJECTED 1977
P R E PA R E D B Y M A R V I N S A R T I N , TA E X , L U B B O C K , T E X A S
12
ALFALFA. IRRIGATEC, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PER ACRE
HIGH LEVEL MGMT., (CENTER PIVOT SYSTEM)
O P E R AT I O N
P I C K U P 1 / 2 TON
PICKUP 1 / 2 TCN
P I C K U P 1 / 2 TON
P I C K U P 1 / 2 TON
P I C K U P 1 /2 TON
ITEM
NO.
10
10
10
10
10
D AT E
FIXED
F U E L • OIL.
COSTS
TIMES LABOR MACHINE LUBo , R E P.
PER
ACRE
P
E
R ACRE
HOURS
HOURS
OVER
MAR
MAY
J U LY
SEPT
OCT
OolO
0.10
0.10
0.10
0.10
TOTALS
___125 __a1Q.Q.
0 . 43
0 . 43
0 .43
0 .43
_--l4_3
-2*19
0.625 0.500
2.13
0.95
0.125
0.125
0.125
0. 125
0.100
0.100
0.100
0.100
D.19
0 . 1 9
0.19
0. 1 9
L A N D C H A R G E B A S E D O N L A N D L O R D ' S S H A R E ( 1 / 4 ) L E S S 5 0 P C T. O F I R R I G A T I O N
F I X E O C O S T S . E S TA B . C O S T P R O R AT E D O V E R 7 Y E A R S . C R O P S O L D I N F I E L D .
P R E PA R F D B Y M A RV I N S A RT I N , TA E X , L L B B O C K , 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 1 0
- 8 1 00 4901 4 70 0
■y^^^
13
COTTON, DRYLAND, TEXAS HIGH PLAINS IV 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
UNIT
GROSS RECEIPTS FROM PRODUCTICN
COTTON LINT
COTTONSEED
TOTAL
VARIABLE COSTS
PREHARVEST
SEED
FERT(20-20-0)
HERBICIDE
HAIL INSURANCE
MACHINERY
TRACTORS
LABOR(TRACTOR & MACHINERY)
OTHER LABOR
INTEREST ON OP. C A P.
SUBTOTAL, P R E - H A R V E S T
HARVEST COSTS
GIN, BAG, TIES
CUSTOM HARV&HAUL
S U B T O TA L , H A R V F S T
L8So
TON
0.55
95.00
265.00
0.19
145.75
—13-05
$ 163.80
LBS.
ACRE
ACRE
DOL.
ACRE
ACRE
HOUR
HOUR
DOL.
0.32
6.20
3.50
0.12
3.9 3
6.89
3.50
2.25
0.10
15.00
1.00
1.00
50.00
1.00
1.00
2.41
2.00
18.54
4.80
6.20
3. 50
6.00
3. 93
6.89
11 . 9 3
4. 50
1*55
49.61
$
C W T.
C W T.
1.25
1.00
11 . 6 6
11 . 6 6
T O TA L VA R I A B L E C O S T
14.57
__ilj_6§
S 26.2 3
•6 75.84
3 . I N C O M E A B O V E VA R I A B L E C O S T S
FIXED COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
T O TA L F I X E D COSTS
VALUE OR
COST
PRICE OR
COST/UNIT QUANTITY
S
87.96
$
ACRE
ACRE
ACRE
4.55
7.01
35. 76
1.00
1.00
1.00
4,55
7.01
25*13
$ 47,32
5 . T O TA L C O S T S
S 123.16
6. NET RETURNS
S 40.64
LAND CHARGE BASED ON LANDLORD'S SHARE (1/4) OF GROSS INCOME LESS 1/4 OF
FERTILIZER AND GINNING.
P R E PA R E D B Y M A RV I N S A RT I N , TA E X , L U B B O C K . T E X A S P R O J E C T E D 1 9 7 7
14
C O T TO N . D RY L A N D , T E X A S H I G H P L A I N S I V R E G I O N
ESTIMATED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
ITEM
OPERATION
NO.
DATE
SHREDDER 2R TM
P I C K U P 1 / 2 TO N
MCLDBOARO 6B TM
PA C K E R
TM
PICKUP 1/2 TON
TA N D E M D I S C T M
PICKUP 1/2 TON
PICKUP 1/2 TON
LISTER-PLNT8R TM
HERB SPR/DISC TM
SAND FIGHTER TM
PICKUP 1/2 TON
CULTIVATOR 8R TM
PICKUP 1/2 TON
P ICKUP I /2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
4 ,, 5 6
10
2 .47
53
10
3 ,41
10
10
3 .37
61
5 ,51
10
4,34
10
10
10
10
DEC
JAN
FEB
FEB
FEB
MAR
MAR
APR
MAY
MAY
MAY
MAY
TOTALS
JUNE
JUNE
J U LY
SEPT
NOV
^ ^ \
FUEL,OIL. FIXED
TIMES LABOR M A C H I N E L U B . , R E P. C O S T S
HOURS PER ACRE PER ACRE
OVER HOURS
1.00
0.10
1.50
1.50
0.10
1.50
0.10
0.10
1.88
1.88
2.00
0.10
1.00
0.10
0.10
0.10
0.10
0.370
0.100
0.480
0.461
0.100
0.165
0.100
0.100
0.265
0.295
0.157
0.100
0.0 86
0.100
0.1 00
0.100
1.25
0.43
2.96
0.00
0.43
0.78
0.43
0.43
1.26
0.01
0. 42
0.43
0. 29
0.43
0.43
0.43
1.70
0.19
3.49
0.1 5
0.19
1.17
0.19
0. 19
1 .94
0.23
0.64
0.19
0.48
0.19
0.1 9
0. 19
__a.l_5 _ 0 , . l fl g
-0*±2
___12
3. 1 79
10.82
11 .56
0.556
0.125
0.719
0 . 0
0.125
0.247
C.125
0.125
0.398
0 . 0
0.235
0.125
0.129
0.125
0.125
0.125
3.410
LAND CHARGE BASED ON LANDLORD'S SHARE (1/4) OF GROSS INCOME LESS 1/4 OF
FERTILIZER AND GINNING.
PROJECTED 1977
PREPARED BY MARVIN SARTIN, TAEX, LUBBOCK, TEXAS
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 9 3 0 0 4 0 0 2 4 0 0 0
A N N U A L C A P I TA L M O N T H 11
15
j0^\
COTTON, DRYLANO, TEXAS HIGH PLAINS IV RFGION
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
I. GROSS RECEIPTS FROM FRODUCTION
COTTON LINT
COTTONSEED
T O TA L
LBS.
TON
2 . VA R I A B L E C O S T S
PREHARVEST
SEED
FFPT(20-20-0)
HERBICIDE
HAIL INSURANCE
MACHINERY
TRACTORS
LABCR(TRACTOR & MACHINERY)
OTHER LABOR
I N T E R E S T O N O P. C A P,
S U B T O TA L , P R E - H A R V E S T
LBS.
ACRE
ACRE
DOL.
ACRE
ACRE
HOUR
HOUR
OOL.
HARVEST COSTS
GIN, BAG, TIES
CUSTOM HARV6HAUL
S U B T O TA L , H A R V E S T
PRICE
OR
VA L U E
OR
COST/UNIT
QUANTITY
COST
0.55
95.00
300.00
0.19
$
0.32
6.20
3.50
0.12
3.91
6.07
3.50
2.25
0.10
—13*05
133.05
15.00
1.00
1.00
55.00
1.00
1.00
3.06
2.00
17.75
4. 80
6.20
3.50
6.60
3.91
6.07
10.71
4.50
l±ll
$
48.0/
$
CWT.
CWT.
1.25
1.00
13.20
13.20
T O TA L VA R I A B L E C O S T
16.50
—12*20
$
29.70
$
77.77
% 105.28
3 . I N C O M E A B O V E VA R I A B L E C O S T S
4. FIXEO COSTS
MACHINERY
TRACTORS
LAND (NET RENT)
T O TA L F I X E D C O S T S
165.00
$
ACRE
ACRE
ACRE
4.00
5.90
40.09
1.00
1.00
1.00
4.00
5.90
$
—±0-09
49.98
5 . T O TA L C O S T S
$
127.75
6. NET RETURNS
$
55.30
LAND CHARGE BASED ON LANDLORD'S SHARE (1/4) OF GROSS INCOME LESS 1/4 OF
FERTILIZER AND GINNING.
P R E PA R E D B Y M A RV I N S A RT I N , TA E X , L U B B O C K , T E X A S P R O J E C T E D 1 9 7 7
jfP^s
16
/^^\
COTTON, ORYLAND, TEXAS HIGH PLAINS IV 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
O P E R AT I O N
SHREDDER 2R HLM
PICKUP 1/2 TON
MCLOBOARD 6B HLM
PA C K E R
HLM
PICKUP 1/2 TON
TA N D E M D I S C H L *
PICKUP 1/2 TON
PICKUP 1/2 TON
L I S T- P L N T R 8 R H L M
HERB SPR/DISCHLM
PICKUP 1/2 TON
SANOFIGHTER HLM
C U LT I VAT O R 8 R T M
PICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
PICKUP 1/2 TON
ITEM
NO.
4,91
10
2,82
88
10
3,76
10
10
2,72
96
10
5,86
4,34
10
10
10
10
D AT E
FUEL,OIL,
FIXED
COSTS
T I M E S L A 3 0 R MACHINE L U B . , R E P.
PER ACRE PER ACRE
OVER
HOURS
HOURS
JAN
JAN
FEB
FEB
FEB
MAR
MAR
APR
MAY
MAY
MAY
JUNE
JUNE
JUNE
AUG
OCT
NOV
1.00
0.469
0.313
0.100
0.10
0.125
1.50
0.635
0.423
1.50
0 . 0
0.3 88
0.10
0.125
0.100
0
.
2
0
6
0.137
1.50
0.100
0.10
0.125
0
.100
0.10
0.125
1.88
0.273
0.182
1.88
0 . 0
0.162
0.10
0.125
0.100
2.00
0.222
0.148
1.00
0.129
0.086
0.10
0.125
0.100
0.10
0.125
0.100
0.10
0.125
0.100
0 . 1 0 _dt.li_.__ _ _ i . l fl f t
T O TA L S
3.059
2.740
1.06
0 . 4 3
2.62
0.00
0.43
0 . 6 5
0 . 4 3
0 . 4 3
1.13
0.00
C.43
0.39
0 . 2 9
0.43
0 . 4 3
0 . 4 3
1.44
3.19
3.08
0.13
0.19
0.97
0.19
0.19
I .34
0 . 1 5
0.19
0.61
0.48
0.19
0.19
0.19
-0-42
_S±12
9.96
9.90
LAND CHARGE BASED ON LANDLORD'S SHARE (1/4) OF GROSS INCOME LESS 1/4 OF
FERTILIZER AND GINNING.
P R E PA R E D B Y M A RV I N S A RT I N , TA E X , L U B B O C K , 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 11
93
004001
400
0
^*5*\
17
j ^ N
COTTON. IRRIGATEC, TEXAS HIGH PLAINS IV REGION
ESTIMATED COSTS AND RETURNS PFP ACRE (SIDEROLL SYSTEM)
TYPICAL MANAGEMENT (7 ACRE INCHES APPLIED)
UNIT
1. GROSS RECEIPTS FROM PRODUCTION
COTTON LINT
COTTONSEEO
TOTAL
2. VARIABLE COSTS
PREHARVEST
SEED
F E RT C 4 0 - 3 0 - 0 )
HERBICIDE
HAIL INSURANCE
MACHINERY
TRACTORS
I R R I G AT I O N M A C H I N E R Y
LASOR(TRACTOR & MACHINERY)
L A 8 0 R ( I R R I G AT I O N )
OTHER LABOR
I N T E R E S T O N O P. C A P.
PRICE OR
COST/UNIT QUANTITY
LBS.
TON
0.55
95.00
400.00
0.28
220.00
_______
$ 246.60
LBS.
ACRE
ACRE
DOL.
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
0.32
10.55
3.50
0.12
4.78
5.58
13.30
3.50
3.50
2.25
0.10
18.00
1.00
1.00
70.00
1.00
1.00
1.00
3.13
0.70
3.00
29.23
5.76
10.55
3.50
8.40
4. 78
5.58
13.30
10. 94
2.45
6.75
$
SUBTOTAL. PRE-HARVEST
HARVEST COSTS
GIN, BAG, TIES
CUSTOM HARV&HAUL
SUBTOTAL. HARVEST
2*92
74.93
$
C W T.
C W T.
1.25
1.00
22.00
17.60
17.60
$
- 11 * 3 0
39.60
$ 11 4 . 5 3
TOTAL VARIABLE COST
s 132.07
3. INCOME ABOVE VARIABLE COSTS
4. FIXED COSTS
MACHINERY
TRACTORS
IRRIGATION MACHINEPY
LAND (NET RENT)
TOTAL FIXED COSTS
VALUE OR
COST
$
ACRE
ACRE
ACRE
ACRE
4.94
5.56
11.90
47.56
1.0
1.0
1.0
1.0
4.94
5.56
11 . 9 0
0
0
0
0
$
—±1-53
69. 96
5. TOTAL COSTS
$ 1 84.49
6. NET RETURNS
s
6 2 . 11
LAND CHARGE B A S E D O N L A N D L O R D ' S S H A R E ( 1 / 4 ) O F G R O S S I N C O M E L E S S 1 / 4 O F
F E R T I L I Z E R . G I N N I N G . A N D 5 0 P E R C E N T O F I R R I G AT I O N F I X E O C O S T S .
P R E PA R E D B Y M A R V I N S A R T I N . T A E X , L U B B O C K , T E X A S P R O J E C T E D 1 9 7 7