PROJECTICNS FOR PLANNING PURPOSES ONLY NOT TO BE USEO WITHOUT UPDATING AFTER 11/05/80. B-124MC21) SOYBEANS. DRYLAND, TEXAS MIDDLE GULF COAST 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 PROJECTED YIELD UNIT CATEGORY GROSS RECEIPTS SOYBEANS T O TA L P R O J E C T E O R E T U R N S VA R I A B L E C O S T S PREHARVEST COSTS SOYBEAN SEED N fc P fc K FUNGICIDE HERBICIDE INSECTICIDE CUST AIR INSECT FUEL 6 LUBE—TRACTCR EQUIPMENT REPAIRS——TRACTOR EQUIPMENT LABOR———MACHI NERY O P E R AT I N G C A P I TA L S U B T O TA L . P R E H A R V E S T HARVEST COSTS D RY & S TO R A G E HAUL S U B T O TA L , H A R V E S T 30.00 3. INCOME S 60.00 0.50 1 .00 0.50 1 .00 2.50 4.32 32.93 30.00 30.00 LB. ACRE ACRE ACRE ACRE ACRE ACRE ACRE ACRE ACRE HOUR DOL. ACRE 0.22 21.60 180.00 180.00 S_ ! BU. BU. ACRE 0.30 0.21 13.20 10.80 9.30 7.93 6.56 6.25 8.92 7.97 2.77 5.26 21.88 9.30 15.86 6.56 2.50 5.06 0.10 104.14 S. 9.00 . _i3Q 15.50 $. ACRE PRICE, ABOVE 6.00 BU. YOUR E S T I M AT E INPUT USE T O TA L VA R I A B L E C O S T S BREAK-EVEN PROJECTED S/UNIT VA L U E VA R I A B L E VA R I A B L E COSTS COSTS 4. FIXEO COSTS D E P R E C . I N T E R E S T, T A X E S f c I N S U R . T R A C TO R EQUIPMENT LAND I NET SHARE-RENTI TOTAL FIXED COSTS S 11 9 . 4 4 S . 3.98/BU. ACRE ACRE ACRE ACRE ACRE 5. TOTAL PROJECTED COSTS S 60.56 S. 9.38 _ 22.55 ■ I___f S_ 175.32 S_. BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS 4.68 S_ LAND RENT BASED ON 14* OF GROSS INCOME LESS 14% OF DRYING ANO STORAGE ___w_«. PREPAREO BY DR. AUTHUR GERLOW, TAEX, BRYAN, TEXAS INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDELINE ANO IS NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS ANO RETURNS FROM ANY ONE PARTICULAR FARM OR RANCH OPERATION, THESE PROJECTIONS WERE COLLECTED AND/OR DEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION, / " SOYBEANS, DRYLAND. TEXAS MIDDLE GULF COAST REGION ESTIMATED COSTS AND RETURNS PER ACRE HIGH LEVEL MANAGEMENT OPERATION COMBINE- SORG. GRAIN CART PICKUP OFF SET D I S K ROLLING C U LT PICKUP ROLLING C U L T DISK TANOEM PICKUP DISK TANDEM PICKUP PICKUP ROLLING C U LT SPIKE T HARROW PLANTER 6R CULTIPACKER PICKUP ITEM NO. 19 92 11 4,50 4,58 11 4,58 4,34 11 4,34 11 11 4,56 7,33 7,52 7,76 C U LT I VAT O R 4 R 11 57 11 57 11 11 11 PICKUP 11 CULTIVATOR 4R PICKUP PICKUP PICKUP PICKUP T O TA L S CATE NOV NOV NOV DEC CEC OEC JAN JAN JAN FEB FEB APR MAY MAY MAY MAY MAY JUNE JUNE J U LY J U LY AUG SEPT OCT FUEL.OIL, FIXED TIMES LABOR MACHINE LUB..REP. COSTS OVER HOURS HOURS PER ACRE PER ACRE 1.00 0.351 1.00 0 . 0 0.10 0.125 2.00 0.390 1 . 0 0 0.191 0.10 0.125 1 . 0 0 0.191 1.0 0 0.193 0.10 0.125 1.00 0.193 0.20 0.250 0 . 1 0 0.125 2 . 0 0 0.382 1 .00 0.183 1.00 0.189 1.00 0.198 O.IO 0.125 2.00 0.0 0.125 0.10 1.00 0.0 0 . 2 2 0.275 0 . 2 2 0.275 0.1 0 0 . 1 2 5 0 . 1 5 .2*13T 0.281 0,42 6 0,100 0.296 0,145 0,100 0.145 0.146 0.100 0.146 0.200 0.100 0.289 0.139 0.143 0.150 0.100 0.317 0.10 0 0.159 0.22 0 0.220 0.100 0.150 2.13 1 2 . 11 -2*32 -2*32 4.324 4.273 24.93 31.94 0.08 0.54 3.20 1.36 0.54 1.36 1.36 0.54 1.36 1.07 0.54 2.72 O.Q 2 1.29 0.93 0.54 0.22 0.54 0 . 11 1.18 1.18 0.54 0.26 0.20 4.38 1.37 0.20 1.37 1.52 0.20 1.52 0.39 0.20 2.74 0.60 1.69 0.76 0.20 0.44 0.20 0.22 0.43 0.43 0.20 ^