TEXAS ROLLING PLAINS I 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. Land 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. COTTON, ORYLANO, NARROW ROW, TEXAS ROLLING PLAINS I REGION ESTIMATED COSTS AND RETURNS PER ACRE O P E R AT I O N SHREDDER 2R TA N D E M D I S C MOLDBOARD 6B PICKUP 1/2 TON PICK.UP 1/2 TON CHISEL TA N D E M D I S C PICKUP 1/2 TON PICKUP 1/2 TON HERB SPR/DISC PICKUP 1/2 TON PICKUP 1/2 TON PICKUP 1/2 TON SAND FIGHTER PICKUP 1/2 TON PICKUP 1/2 TON PICKUP 1/2 TON COTTON TR 5BL T O TA L S ITEM NO. 5,56 4,40 3,47 10 10 3,44 4,40 10 10 4,61 10 10 10 4,51 10 10 10 10,63 D AT E Fl X.EP FUEL,OIL, M A C H I N E COSTS T I M E S LABOR L U B . , R E P. OVER HOURS HOURS PER ACRE PEP ACRE DEC DEC DEC DEC JAN JAN FEB FEB MAR MAR APR MAY JUNE JUNE J U LY SEPT NOV NOV 1 .00 1 .00 1 .00 0 .1 0 0.1 0 0 .70 2.00 0.10 0.10 1 .00 0. 1 0 0.10 0.10 1 .00 0.10 0.1 0 0.10 1 .00 0.557 0.208 0.378 0.125 0. 125 0.0 92 0.417 0. 125 0.125 0.2 08 0 .125 0.125 0.125 0.076 0.125 0. 125 0.125 0.422 0. 158 0.286 0.100 0.100 0.070 0.316 0.100 0.100 0.158 0.100 0.100 0. 100 0.057 0.100 0.100 0.100 1.79 1.19 3.12 0.4 0 0.4 0 0.80 2.39 0.40 0.40 1 .0 4 0.40 0.4 0 0.40 0 .44 0 .40 0.40 0.4 0 2.61 2.2 7 6.97 0.25 0.25 1 . 46 4.54 0.25 0.25 1.74 0.25 0.25 0_25 0.68 0.25 0.25 0.25 .2x222 - 2 x 1 2 2 -2x2* _0__2__ 15.58 23.68 3.386 2.618 » P R O J E C T I O N S F O R P L A N N I N G P U R P O S E S O N LY N O T T O B E U S E D W I T H O U T U P D AT I N G A F T E R 1 0 / 0 9 / 8 0 . r C O T T O N , D R Y L A N D , N A R R O W R O W, 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 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 PROJECTED CATEGORY 1. GROSS RECEIPTS COTTON LINT COTTONSEED YIELD UNIT 300 . 0 0 0 • 24 LB. TON RETURNS r B-124KC 5) VA R I A B L E C O S T S PREHARVEST COSTS S D C O T T O N - U P L A ND I N S E C T. C O T T O N MISC EXPENSE HERBI. COTTON CUS. STRIP F U E L & L U B E — T RACTOR E QUIPMENT R E P A I R S — — T RACTOR E QUIPMENT LABOR — — — M ACHINERY O P E R AT I N G C A P I TA L S U B T O T A L . P R EHARVEST HARVEST COSTS GIN,BAG, TIES E QUIPMENT E QUIPMENT L A B O R — — — M ACHINERY S U B T O T A L , H A RVEST INPUT 10 0 1 1 300 PHiLiESIEG S/UNIT VA L U E YOUR E S T I M AT E 0.70 210.00 10 0.00 2*x22 . $ 234.00 $ USE • • • • • 00 10 00 00 00 3 • 19 16 . 7 5 LB. * APPL DOL. ACRE LB. ACRE ACRE ACRE ACRE HOUR DOL. ACRE 0.30 4.50 1.00 6.00 0.06 3.00 0.45 1.00 6.00 18.00 7.99 3.02 1.40 2.32 5.0 0 15.93 0.14 2x2± S 61.46 $ : 41.0 0 5.0 0 $ 24.60 0.50 0.34 .UQO. 26.44 $ ACRE $ 87.90 3 . I N C O M E A B O V E VA R I A B L E C O S T S ACRE $ 1 46 . 1 0 $_. 4. FIXED COSTS D E P R E C . . I N T E R E S T, T A X E S T R A C TO R EQUIPMENT LAND (NET SHARE-RENT) T O TA L F I X E D C O S T S ACRE ACRE ACRE ACRE 0 • 60 0 • 20 T O TA L VA R I A B L E C O S T S & INSUR BALE ACRE ACRE HOUR ACRE $ 14.16 9.53 . .22x2± . 75.92 $. 5 . T O TA L P R O J E C T E D C O S T S ACRE 163.82 $ 6. NET PROJECTED RETURNS ACRE 70.18 $ L A N D ( N E T R E N T ) B A S E D O N 1 / 4 O F G R O S S I N C O M E L E S S 1 / 4 O F I N S E C T. G I N - B A G - T I E S . Y I E L D B A S E D O N B R O A D C A S T P L A N T I N G I N 2 0 " R O W S . G O V T PAY M T N O T I N C L . ^ I N F O R M AT I O N P R E S E N T E D I S P R E PA R E D S O L E LY A S A G E N E R A L G U I D E L I N E A N D I S N O T INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROM ANY ONE PA R T I C U L A R F A R M O R R A N C H O P E R AT I O N . T H E S E P R O J E C T I O N S W E R E C O L L E C T E D A N D / O R D E V E L O P E D B Y S TA F F M E M B E R S O F T H E T E X A S A G R I C U LT U R A L E X T E N S I O N S E R V I C E A N D A P P R O V E D F O R P U B L I C AT I O N . COTTON, DRYLAND, NARROW ROW, TEXAS ROLLING PLAINS I REGION ESTIMATED COSTS AND RETURNS PER ACRE O P E R AT I O N ITEM NO. O AT E SHREDDER 2R TA N D E M D I S C MOLDBOARD 6B PICKUP 1/2 TON PICK.UP 1/2 TON CHISEL TA N D E M D I S C PICKUP 1/2 TON PICKUP 1/2 TON HERB SPR/DISC PICKUP 1/2 TON PICKUP 1/2 TON PICKUP 1/2 TON SAND FIGHTER PICKUP 1/2 TON PICKUP 1/2 TON PICKUP 1/2 TON COTTON TR 5BL 5.56 4,40 3,47 10 10 3,44 4 ,40 10 10 4,61 10 10 10 4,51 10 10 10 10,63 DEC DEC DEC DEC JAN JAN FEB FEB MAR MAR APR MAY JUNE JUNE J U LY SEPT NOV NOV T O TA L S TIMES OVER 1 .00 1 .00 1 .00 o .1 b 0.10 0 .70 2.00 0.10 0.10 1 .00 0. 1 0 0.10 0.10 1 .00 0.10 0.1 0 0 .1 0 1 .00 FUEL,OIL , FlXED LABOR M A C H I N E L U B . , R E P COSTS HOURS HOURS PER ACRE PER ACRE 0.557 0.208 0.3 78 0.125 0. 125 0.0 92 0.417 0. 125 0. 125 0.208 0 .125 0.125 0.125 0.0 76 0.125 0. 125 0 .125 0.422 0.15-8 0.286 0.100 0.100 0.070 0.316 0.100 0.100 0.158 0.100 0.100 0.100 0.057 0.100 0.100 0.100 1.79 1.19 3.1 2 0.40 0.4 0 0.80 2.39 0.40 0.40 1 .0 4 0.40 0 .4 0 0_40 0 .44 0 .40 0.4 0 0.4 0 2.61 2.27 6.97 0.25 0.25 1 . 46 4 . 5 4 0.25 0.25 1 .74 0.25 0.25 0_ 25 0.68 0 . 2 5 0.2 5 0.25 .2x222 - 2 x 1 2 2 -2x2± ______ 15.58 23.68 3.386 2.618 . c. PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 10/09/80. r COTTON. DRYLAND, (SOLID 40" ROWS) TEXAS ROLLING PLAINS I REGICN E S T I M AT E D C O S T S A N O R E T U R N S P E R A C R E ' " CATEGORY PROJECTED ________I____— Y°YR Y I E L D U N I T S / U N I T VA L U E E S T I M AT E 1. GROSS RECEIPTS COTTON LINT COTTONSEED TOTAL PROJECTED RETURNS r B-124KC 5) VARIABLE COSTS PREHARVEST COSTS SD COTTON-UPLA ND INSECT. COTTON MISC EXP COTTO N HERBI. COTTON FUEL & LUBE—T RACTOR E QUIPMENT REPAIRS———T RACTOR E QUIPMENT L A B O R — — — M ACHINERY OPERATING CAPI TAL SUBTOTAL. PR EHARVEST HARVEST COSTS GIN,BAG, TIES FUEL & LUBE—T RACTOR E QUIPMENT R E PA I R S — — — T RACTOR E QUIPMENT LABOR————M ACHINERY SUBTOTAL, HA RVEST 300 .00 0 .24 LB. TON 0.70 210.00 10 0.00 '_2±x33 $ 234.00 $_ INPUT USE 16.00 1 .00 1 .00 1 .00 3.43 19 .66 0 .60 0 .54 TOTAL VARIABLE COSTS rs 3. INCOME ABOVE VARIABLE COSTS LB. APPL ACRE ACRE ACRE ACRE ACRE ACRE HOUR DOL. ACRE BALE ACRE ACRE ACRE ACRE HOUR ACRE 0.3 0 4.80 4.50 4.50 5.0 0 5.0 0 6.0 0 6.00 8.9 1 3.0 2 1.57 2.54 5.0 0 17.15 0.14 2x12 $ 56.24 S 41.00 24.60 1.82 0.25 0 .34 1.8 0 5.0 0 2x13 $ 31.51 S ACRE $ 87.75 $ ACRE $ 146.25 $ 4. FIXED COSTS D E P R E C . , I N T E R E S T, TA X E S & I N S U R . TRACTOR EQUIPMENT LAND (NET SHARE-RENT) TOTAL FIXED COSTS ACRE ACRE ACRE ACRE 19.14 13.89 $ 90.40 $ 5. TOTAL PROJECTED COSTS ACRE $ 178.15 $ 6. NET PROJECTED RETURNS ACRE $ 55.85 $__. 21x21 L A N D ( N E T R E N T ) B A S E D O N 1 / 4 O F G R O S S I N C O M E L E S S 1 / 4 O F I N S E C T, G I N - B A G - T I E S GOVT PAYMT NOT INCL. r /FORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDELINE AND IS INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROM ANY ONE PARTICULAR FARM OR RANCH OPERATION. THESE PROJECTIONS WERE COLLECTED AND/OR DEVE_OPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. l.xus Agricultural Intension Service . The Texas A&M University System . Daniel C. Pfunnstiel, Director . College Station, Texas NOT COTTON, DRYLAND, (SOLID 40" ROWS) TEXAS ROLLING PLAINS I REGICN ESTIMATED COSTS AND RETURNS PER ACRE ITEM O P E R AT I O N NO. D AT E SHREDDER 2R TA N D E M D I S C MOLDBOARD 6B PICKUP 1/2 TON CHISEL PICKUP 1/2 TON PICKUP 1/2 TON TA N D E M D I S C HERB SPR/DISC PICKUP 1/2 TON LISTER-PLNT6R PICKUP 1/2 TON PICKUP 1/2 TON 5,56 4,40 3,47 DEC DEC LISTER-PLNT6R SAND FIGHTER C U LT I VAT O R 6 R C U LT I VAT O R 6 R PICKUP 1/2 TON PICKUP 1/2 TON PICKUP 1/2 TON COTTON STR/BSK PICKUP 1/2 TON COTTON TR 3BL 4,36 4,51 4,33 3,33 10 T O TA L S 10 3,44 10 10 4,40 61 10 4,36 10 10 10 10 4,64 10 10,62 DEC DEC JAN JAN FEB MAR MAR MAR APR APR M AY JUNE JUNE JUNE JUNE JUNE J U LY SEPT NOV NOV NOV T I M E S LABOR MACHINE OVER HOURS HOURS 1 .00 1 . 00 0 .JO 0.10 0 .70 0.10 0.10 2.00 1 .00 0.10 1 .00 0.10 0.1 0 1 .00 1 .00 1 .00 I .00 0.10 0.10 0.10 0 .50 O.IO 0.50 0.557 0 .208 0.113 0.125 0.0 92 0. 125 0. 125 0 .417 FUEL,OIL, FIXEO L U B . , R E P. COSTS PER ACRE PER ACRE .3x122 0.422 0.158 0.086 0.100 0.070 0.100 0. 100 0.316 0.158 0.100 0.115 0.100 0.100 0.115 0.057 0 . 157 0.157 0. 100 0.100 0.100 0.333 0.100 _0__076 _______ 2.61 2. 27 2.09 0.25 1 .46 0.25 0.25 4.54 0 . 16 0.25 1.81 0 . 2 5 0. 25 1 .81 0.68 2.73 3 . 5 3 0.25 0.25 0.25 6.51 0.25 0. 36 3.970 3.219 20.24 33.02 0 . 0 0. 125 0. 151 0.125 0,125 0.151 0.0 76 0.207 0.207 0. 125 0 .125 0.125 0.440 0. 125 I .79 1.19 0.94 0 .40 0 .80 0.40 0.40 2.39 0 .01 0.40 0.90 0 .40 0.40 0.90 0 .44 1.15 1 .56 0.40 0.40 0 .40 3.82 0.40 - - . P R O J E C T I O N S F O R P L A N N I N G P U R P O S E S O N LY N O T T O B E U S E D W I T H O U T U P D AT I N G A F T E R 1 0 / 0 9 / 8 0 . B-124KC 5) GUAR, DRYLAND, TEXAS ROLLING PLAINS I 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 r C AT E G O RY PROJECTED* YIELD 1. GROSS RECEIPTS GUAR 7.00 TO TA L PROJECTED 2. r C W T. ' 15.00 RETURNS \ $ 05,00 105.00 YOUR E S T I M AT E $ VA R I A B L E COSTS INPUT USE PREHARVEST COSTS4 GUAR SEED 8.00 LB. 0.25 2.00 . MISC EXPENSE 1.00 DOL. 1.00 1.00 FUEL & LUBE—TRACTOR ACRE 6.81 EQUIPMENT ACRE 3.32 R E PA I RS-—-TRACTOR ACRE 1.29 [ EQUIPMENT ACRE 2.57 LABOR--*——MACHINERY 2.80 HOUR 5.0 0 14.00 O P E R AT I N G C A P I TA L 7.46 DOL, 0.14 ___1__£4 S U B TO TA L , PREHARVEST ACPE $ 32.04 $ H A RV E S T C O S T S CSTM HVST GUAR 1.00 ACRE 10.00 10.00 CSTM HAUL GUAR 7.00 CWt. 0,25 1.75 S U B TO TA L , HARVEST ACRE $ 11 . 7 5 $ ( TO TA L VA R I A B L E BPEAK*EVEN 3. £Bfl_i___CIJ_.D UNIT S/UNIT VA L U E INCOME COSTS PRICE, ABOVE VA P I A B L E VA R I A B L E ACRE COSTS $ $ COSTS 43.79 [ S 6 . 2 6 / C W T. ACRE $ 61.21 S 4. FIXED COSTS D E P R E C ^ . . I N T E R E S T, TA X E S & I N S U R . TRACTOR ACRE EQUIPMENT ACRE LAND (NET SHARE-RENT) ACRE TO TA L FIXED COSTS ACRE5. TO TA L PROJECTED BREAK-EVEN 6. NET fRICE, PROJECTED COSTS TO TA L COSTS RETURNS 13.04 8.22 - ^ . - 2 2 x 11 S 52.03 ACRE , $ S _ 95.82 ,__^__ _ ■ S__^ $ ; 1 3 . 6 9 / C W T. ACRE $ 9.18 $___ LAND CHARGE USES LANDLORD'S SHARE OF GROSS 33% LESS 33% OF HAUL AND HARVEST . r I N F O R M AT I O N P R E S E N T E D I S P R E PA R E D S O L E LY A $ A G E N E R A L G U I D E L I N E A N D I S N O T INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROM ANY ONE PA R T I C U L A R F A R M O R R A N C H O P E R AT I O N . T H E S E P R O J E C T I O N S W E R E C O L L E C T E D \ N D / O R D E V E L O P E D B Y S TA f F M E M B E R S O F T H E T E X A S A G R I C U LT U R A L E X T E N S I O N S E R V I C E A N D A P P R O V E D F O P P U B L I C AT I O N . GUAR, DRYLAND* TEXAS ROLLING PLAINS I REGION ESTIMATSD COSTS AND RETURNS PER ACRE ITEM NO. O P E R AT I O N MOLDBOARD 6B P I C K U P 1 / 2 TON CHISEL P I C K U P \ * 2 TQN P I C K U P 1 / 2 TON TA N D E M D I S C LISTER-PLNT6R P I C K U P 1 / 2 •TON . P I C K U P 1 / 2 • TO N SAND Fl'GHTER R O L L I N G C U LT P I C K U P 1 / 2 TON LISTER-OLNT6R R O L L I N G C U LT P I C K U P 1 / 2 TON C U LT I VAT O R 6 R P I C K U P 4 / 2 TON 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 T O TA L S 3 .47 10 3.44 10 10 3,40 4,36 10 10 4,51 4,30 _0 4,36 4,3 0 10 3,33 1.0 -0 no 19 .: D AT E DEC DEC JAN JAN FEB MAR MAR MAR APR MAY MAY MAY JUNE JUNE JUNE J U LY J U LY AUG SEPT QCT TIMES OVER FIXED FUEL,OIL. LABOR M A C H I N E L U B . , R E P . COSTS HOURS PER ACRE PER ACRE HOURS 0 .30 0.1 0 1 .40 0.10 0.10 0.30 1 .00 0.10 0.10 2.00 1 .00 0.10 1.10 1 .00 0.10 1 .00 0.10 0 . 1 0 0.10 0 . 11 3 0.125 0.184 0.125 0 .125 0 .062 0. 151 0 .125 0.125 0.151 0. 194 0.125 0.166 0.194 0.125 0.207 0 .125 0.125 0.125 0.086 0.100 0.139 0.100 0.100 0.047 ( - . 11 5 0.100 a.115 d. 147 0.100 0.126 0.147 0.100 0.157 0.100 0. 100 0.100 0.94 0.40 1 .59 0.40 0.4d 0 .48 0.90 0.40 0 .40 0.89 1.15 0 .40 0.99 1.15 0.40 1 .56 0 .40 0.40 0.40 2.09 0. 25 2.92 0.25 0.25 0.92 1 .81 0.25 0.25 1 .36 1 .96 0 . 2 5 1.99 1.96 0.25 3 . 5 3 0.25 0.25 0.25 0 . 1 0 .- 2 x 1 2 2 -2x122 -2xA2 -2x22 2.800 _,IS0 14.00 21.26 d.ioo . ^ _ PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 10/09/80. r ALFALFA ESTABLISHMENT, DRYLAND, TEXAS ROLLING PLAINS I REGION ESTIMATED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT VARIABLE COSTS PREHARVEST COSTS ALFALFA SEED FERT (N) APPL'D FERT (P ) APPL•D FUEL & LUBE—TRACTOR EQUIPMENT R E PA I R S — T R A C T O R EQUIPMENT LABOR———MACHI NERY OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS SUBTOTAL, HARVEST YOUR ESTIMATE e____>____;i__j_.__ S/UNIT GROSS RECEIRTJS. TOTAL PROJE<_T__> RETURNS r B-124KC 5) VA L U E $ 0.0 $ INPUT USE 20 .00 16 .00 20 .00 1 .04 10 .89 LB. LB. LB. ACRE ACRE ACRE ACRE HOUR DOL. ACRE 1 .30 0.26 0.28 5.00 0.14 _ $ 26.00 4.16 5.60 3.12 1.21 0.61 1 .45 5.22 1x22 48.89 $ ACRE $ TOTAL VARIABLE COSTS ACRE $ 48.89 $ INCOME ABOVE VARIABLE COSTS ACRE $ -48.89 $ 0.0 $ 4 . FIXED COSTS DEPREC.,INTEREST,TAXES & INSUR. TRACTOR EQUIPMENT LAND (NET SHARE-RENT) TOTAL FIXED COSTS ACRE ACRE ACRE ACRE $ 5. TOTAL PROJECTED COSTS ACRE $ 73.72 $ 6 . NET PROJECTED RETURNS ACRE $ -73.72 $ 6.23 3.59 _. . - 1 2 x 2 2 24.82 $ INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDELINE AND IS NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND 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. r ALFALFA ESTABLISHMENT, DRYLAND, TEXAS ROLLING PLAINS I REGION ESTIMATED COSTS AND RETURNS PER ACRE • O P E R AT I O N CHISEL PICKUP 1/2 TON CHISEL PICKUP 1/2 TON GRAIN DRILL PICKUP 1/2 TON PICKUP 1/2 TON # T O TA L S ITEM NO. 3,44 10 3,44 10 3,58 10 10 D AT E J U LY J U LY AUG AUG SEPT SEPT OCT " FIXED FUEL.OIL, COSTS T I M E S LABOR M A C H I N E L U B . , R E P . P E R ACRE HOURS HOURS P E R A C R E OVER 1.00 0.10 1.00 0.1 0 1 .00 0.10 2. 0. 2. 0. 4. 0. > 09 25 09 25 66 25 0.132 0.125 0.132 0.125 0.280 0.125 0.100 0.100 0.100 0.100 0.212 0. 100 1 .1 4 0.40 1.14 0.4 0 2.53 0.40 0 . 1 0 ._o_______i -2x122 -2x±2 -2x22 1 .043 0.81 1 6.39 9.82 - _