805 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/16/82. B-124 1 (C17) KLEINGRASS ESTABLISHMENT, DRYLAND, LOWER SOUTH CENTRAL TEXAS REGION 1982 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT 1. GROSS RECEIPTS PASTURE TOTAL PROJECTED RETURNS 2. VARIABLE COSTS PREHARVEST COSTS KLIENGRASS-SEED NITROGEN (DRY) PHOSPHATE HERBICIDE-KLIEN FUEL S LUBE—TRACTOR EQUIPMENT 1.00 ACRE PROJECTED VALUE S/UNIT 0.0 $ 0.0 0.0 YOUR ESTIMATE $ INPUT USE R E PA I R S T R A C T C R EQUIPHENT LABOR HACHINERY EQUIPHENT OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS SUBTOTAL, HARVEST 30.00 30.00 30.00 1.00 0.80 0.42 47.02 TOTAL VARIABLE COSTS BREAK-EVEN PRICE, VARIABLE COSTS LB. L3. L3. APPL ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.80 0.35 0.30 6.73 3.45 3.45 0.190 $ ACRE $ ACRE $ 24.00 10.50 9.00 6.73 3.38 1.06 0.43 1.14 2.75 1.45 8.93 69.37 S 0.0 s 69.37 $ $ 6 9 . 3 7 / A C R E PA S T U R E 3. INCOME ABOVE VARIABLE COSTS ACRE $ 4. FIXED COSTS DEPREC. ,INTEREST,TAXES 5 INSUR. TRACTOR EQUIPHENT LAND-CASH RENT 1-00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE 9 . 11 5.12 8.00 8.00 $ 22.24 $. 5. TOTAL PROJECTED COSTS ACRE $ BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS -69.37 91.61 $ $. S 91.61/ACRE PASTURE ACRE S -91.61 $ LAND CHARGE BASED CN FULL YEAR BASIS. INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE 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 DEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. 805 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/16/82. B-1241(C17) KLEINGRASS ESTABLISHMENT, DRYLAND, LOWER SOUTH CENTRAL TEXAS REGION 1982 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION CHISEL PLOW RLNG CULT 6R CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 4 , 3 2 FEB 4 , 3 4 FEE 4 , 4 4 FEE TOTALS 1.00 2.00 1.00 0.202 0.153 0.389 0.295 0.207 0.157 1.18 2.45 1. 19 0.70 1.34 0.72 0.798 4.82 2.75 0.605 APPL. MACH TOTAL INPUT FIXED OPER. COSTS COSTS COST 3.45 6.27 3.38 5.33 10.06 5.29 13.10 20.67 0.0 0.0 0.0 0.0 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE CCSTS LESS SHARE-RENT PRICE OF PASTURE (DOLLARS) 55.5 0 62.43 69.37 76.3 1 83.24 -23.37 -17.82 -12.27 -6.72 1 -1.17 1 -18.62 -12.38 -6.14 0 . 11 -13.87 -6.94 0.0 -9.12 -1.49 6.14 13.77 1 1 2 1.40 1 -4.37 3.95 12.27 20.60 28.92 ACRE 0.80 0.90 QUANTITY OF PASTURE 1.00 1.10 1.20 I 1 1 1 1 1 1 1 1 1 1 I 6.35 1 tI 6.94 13.87 l \ 1 NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONHENT, GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. ^ 806 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO EE USED WITHOUT UPDATING AFTER 02/16/82- B-1241 (C17) KLEINGRASS PASTURE, DRYLAND, LOWER SOUTH CENTRAL TEXAS REGION 198 2 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT 1. GROSS RECEIPTS PASTURE TOTAL PROJECTED RETURNS 2. VARIABLE COSTS PREHARVEST COSTS FUEL 5 LUBE—TRACTOR EQUIPMENT 1.00 PROJEt:ted YOUR SSTIHATE VALUE S/UNIT $ 0.0 0.0 $ 0.60 1.06 0.08 0.20 0.49 1.45 0- 17 4.04 $ ACRE $ 0.0 ACRE $ 4.04 S ACRE 0.0 $ INPUT USE R E PA I R S T R A C T O R EQUIPHENT LABOR HACHINERY EQUIPHENT OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS SUBTOTAL, HARVEST 0.14 0.42 0.90 TOTAL VARIABLE COSTS ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 3.45 3.45 0.190 S B R E A K - E V E N P R I C E , VA R I A B L E C O S T S S 4 . 0 4 / A C R E PA S T U R E 3. INCOME ABOVE VARIABLE COSTS 4. FIXED COSTS DEPREC. ,INTEREST,TAXES & INSUR. TRACTOR EQUIPHENT LAND-CASH RENT 1.00 P R O R AT E D E S TA B L 91.61 TOTAL FIXED COSTS 5. TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS -4.04 S ACRE ACRE 1.62 1.81 12.50 12.50 0.10 9. 16 $ 25.09 $. ACRE $ ACRE ACRE ACRE DOL. 29. 13 $. $ 29.13/ACRE PASTURE ACRE S -29. 13 $ ESTABLISHMENT COST PRORATED OVER 10 YEARS. INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE 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 DEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. 8 0 6 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 NOT TO BE USED WITHOUT UPDATING AFTER 02/16/82. B-1241 (C17) KLEINGRASS PASTURE, DRYLAND, LOWER SOUTH CENTRAL TEXAS REGION 1982 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 4R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR HOURS COSTS COSTS NO. MCNTH CVER HOURS 4 , 4 6 J U LY TOTALS 0.50 APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 0.142 0. 107 0.75 0.49 0.0 2.29 3.53 0.142 0.107 0.75 0-49 0.0 2. 29 3.53 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF PASTURE (DOLLARS) 3.23 3.64 4.04 4.45 4.85 ACRE QUANTITY OF PASTURE 0.80 | 1.04 1.37 1.69 2.0 1 \ 2.34 | 0.90 \ 0.12 0.48 0.85 1.21 1.57 J 1.00 j -0.81 -0.40 0.0 0.40 0.81 | 1- 10 | -1.74 -1.29 -0.85 -0.40 I 0.04 J 1.20 ] -2.66 -2. 18 -1.69 -1.21 -0.72 J .1 * > 807 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/15/82. B-1241 (C17) FORAGE SORGHUH HAY, DRYLAND, LOWER SOUTH CENTRAL TEXAS 1982 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY 1. GROSS RECEIPTS FOR. SORGHUM HAY TOTAL PROJECTED RETURNS 2. VARIABLE COSTS PREHARVEST COSTS FORAGE SORG. SD NITROGEN (DRY) PHOSPHATE FUEL S LUBE—TRACTOR EQUIPHENT R E PA I R S T R A C T O R EQUIPMENT LABOR MACHINERY EQUIPMENT OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS CUSTOM BAILING CUSTOH BALE HAUL SUBTOTAL, HARVEST PROJECTED YIELD UNIT 100.00 BALE PROJECTED VALUE S/UNIT 1.50 YOUR ESTIMATE $ 150.00 150.00 $ S 12.00 21.00 9.00 4.67 1.06 0.59 1.06 3.81 1.45 3.52 58.16 S $ 45.00 30.00 75.00 S 133.16 INPUT USE 20.00 60.00 30.00 1.10 0.42 18.52 100.00 100.00 TOTAL VARIABLE COSTS LB. LB. LB. ACHE ACRE ACRE ACRE HOUR HOUR DOL. ACRE BALE BALE ACRE 0.60 0.35 0.30 3.45 3.45 0.190 0.45 0.30 ACRE s s BREAK-EVEN PHICE, VARIABLE COSTS S 1.33/BALE FOR. SORGHUH HAY 3 . I N C O M E A B O V E VA R I A B L E C O S T S A C R E $ 1 6 . 8 4 $ 4. FIXED COSTS DEPREC,INTEREST,TAXES & INSUR. TRACTOR ACRE EQUIPMENT ACRE LAND-CASH RENT 1.00 ACRE 15.00 TO TA L FIXED COSTS ACRE $' 5. TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS ACRE 12.60 8.53 15.00 36.13 S 169.29 $ $ 1.69/BALE FOR. SORGHUH HAY ACRE $ -19.29 $ INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROM ANY ONE PARTICULAR FARfl OR RANCH OPERATION. THESE PROJECTIONS WERE COLLECTED AND DEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. 8 0 7 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 NOT TO 3E USED WITHOUT UPDATING AFTER 02/15/82. B-1241 (C17) FORAGE SORGHUH HAY, DRYLAND, LOWER SOUTH CENTRAL TEXAS 1982 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION RLNG CULT 6R OFFSET DISC DITCHER BLADE HACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 4 , 3 4 M AY 4 , 3 8 M AY 4 , 4 8 M AY TOTALS 2.00 1.00 1.00 A P P L . M A C H T O TA L INPUT FIXED OPER. COSTS COSTS COST 2.45 1.34 1.25 0.73 2-50 1-74 0.0 6.27 10.06 O.C 4.41 6.39 0.0 9.32 13.56 1.103 0.836 6.20 3.81 0.0 20.00 30.01 0.389 0.210 0.504 0.295 0.159 0.382 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF FOR. SORGHUM HAY (DOLLARS) ' 1.20 BALE I 80.00 I 1.50 1.65 1.80 ~ -22.16 -10-16 1.84 13.84 25.84 | -17.66 -4. 16 9.34 22.84 36.3 4 | 100.00 I -13.16 1.84 16.84 31.84 46.84 1 110.00 I -8.66 7.84 24.34 40.84 57.34 | I ! -4.16 13.84 31.84 49.84 67.84 1 I 90.00 I QUANTITY OF 1.35 I I 120.00 I NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER HANAGEMENT STRATEGIES. ^ 803 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/15/82. B-1241 (C17) GRAIN SORGHUM, DRYLAND, LOWER SOUTH CENTRAL TEXAS 1982 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY 1. GROSS RECEIPTS GRAIN SORGHUH TOTAL PROJECTED RETURNS 2. VARIABLE COSTS PREHARVEST COSTS ♦GRAIN SORG.SEED *INSECTICIDE-GS PESTICIDE APPL. FUEL 6 LUBE—TRACTOR EQUIPHENT R E PA I R S T R A C TO R EQUIPHENT PROJECTED YIELD UNIT 18.00 CWT. PROJECTED VALUE S/UNIT 4.65 INPUT USE LABOR HACHINERY EQUIPHENT OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS CUS HARV SORG D HAUL GRAIN SORG SUBTOTAL, HARVEST 6.00 2.00 2.00 1.57 0.98 4.76 18.00 18.00 TOTAL VARIABLE COSTS YOUR ESTIMATE $ 83.70 83.70 $ $ 3.60 6.42 7.00 6.65 2.47 0.85 2.38 5.42 3.38 0.91 39.08 . LB. APPL ACRE ACRE ACHE ACRE ACRE HOUR HOUR DOL. ACRE CWT. CWT. ACRE 0.60 3.21 3.50 3.45 3.45 0.190 0.35 0.25 !$ ACRE s 6.30 4.50 10.80 $ 49.88 S BREAK-EVEN PRICE, VARIABLE COSTS $ 2.77/CWT. GRAIN SORGHUH 3. INCOHE ABOVE VARIABLE COSTS 4. FIXED COSTS DEPREC.,INTEREST,TAXES 6 INSUR. TRACTOR EQUIPHENT LAND-CASH RENT 1.00 TO TA L FIXED COSTS 5. TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS r ACRE ACRE ACRE ACRE ACRE $ 15.00 33.82 $ 17.95 13.40 15.00 46.35 $. ACRE 96.23 $ S 5.35/CWT. GRAIN SORGHUH ACRE $ -12.53 $ INFORHATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROM ANY ONE PARTICULAR FARH OR RANCH OPERATION. THESE PROJECTIONS WERE COLLECTED AND DEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/15/82 803 B-1241 (C17) GRAIN SORGHUM, DRYLAND, LOWER SOUTH CENTRAL. TEXAS 1982 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 4R CHISEL PLOW CHISEL PLOW PLANTER 6R OFFSET DISC CULTIVATOR 6R ROTOVATOR 4R ROTOVATOR 4R HACH LABOR I T E M OPER TIMES LABOR MACHINE OPER COSTS COSTS NO. MONTH OVER HOURS HOURS 4,46 4,32 4,33 4,36 4,38 4,44 4,42 4,42 OCT OCT NOV HAR MAR MAR APR HAY TOTALS 1.00 0.50 1.00 1.00 1.00 1.25 1.00 0.50 ^ APPL. MACH INPUT F I X E D COSTS COSTS TOTAL OPER. COST 0.283 0.101 0.168 0.202 0.210 0.259 0.233 0 . 11 6 0.214 0.076 0.127 0.153 0.159 0.196 0.176 0.088 1.51 0.59 1.00 1.36 1.25 1.49 1.60 0-80 0.98 0.35 0.58 0.70 0.73 0.89 0.80 0-40 0-0 0.0 0.0 3.60 0.0 0.0 0.0 0.0 4.58 1.73 2.95 4.27 4.41 4.23 4.36 2.18 7.06 2.66 4.53 9.92 6.39 6.61 6.76 3.38 1.572 1.191 9.59 5.42 3.60 28.70 47.31 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF GRAIN SORGHUM (DOLLARS) 3.72 4-18 4.65 5 . 11 5.5 8 5.85 12.55 19.24 25.94 32.64 | 11.47 19.00 26.53 34.07 41.60 J 17.08 25.45 33.8 2 42.19 50.56 I 22.70 31.91 41.11 50.32 59.53 j 28.32 38.36 4 8.40 58.45 68.49 | CWT. QUANTITY OF GRAIN SORGHUM 1 14.40 1 ! 16.20 1 I 18.00 1 1 19.80 1 1 21-60 1 1 809 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/15/82. B-1241 (C17) GRAIN SORGHUM, IRRIGATED, LOWER SOUTH CENTRAL TEXAS REGION 1982 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED PROJECTED YOUR YIELD UNIT VALUE ESTIMATE 1. GROSS RECEIPTS GRAIN SORGHUM 45.00 CWT. 4.65 209.25 TOTAL PROJECTED RETURNS $" TOTTTd S* 2. VARIABLE COSTS INPUT USE PREHARVEST COSTS ♦GRAIN SORG.SEED 6 . 0 0 LB. 0.60 3.60 NITROGEN (DRY) 36.00 LB. 0.35 12.60 PHOSPHATE 36.00 LB. 0.30 10.80 ♦ HERBICIDE-GS 1.00 ACRE 5.59 5.59 ♦INSECTICIDE-GS 2 . 0 0 APPL 3.21 6.42 ' PESTICIDE APPL. 2.00 ACRE 3.50 7.00 ; IRRIGATION WATER 14.00 ACIN FUEL 5 LUBE—THACTOR ACRE 8.70 EQUIPMENT ACRE 2.47 IRRIGATION ACRE 31.22 " R E PA I R S T R A C T O R ACRE 1 . 11 " ACRE EQUIPMENT 3.05 IRRIGATION ACHE 10.50 LABOR HACHINERY 2 . 0 6 HOUR 3.4 5 7.09 * IRRIGATION 14.00 HOUR 3.45 48.30 0.98 HOUR EQUIPHENT 3.45 3.38 OPERATING CAPITAL 26.88 DOL. 0.190 _ 5.11 $** SUBTOTAL, PREHARVEST ACRE r 166.93 HARVEST COSTS CUS HARV SORG D 45.00 CWT. 0.35 15.75 HAUL GRAIN SORG 45.00 CWT. 0.25 11.25 SUBTOTAL, HARVEST ACRE $" "271 U $" TOTAL VARIABLE COSTS ACRE $ 193.93 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 4.31/CWT. GRAIN SORGHUM 3. INCOHE ABOVE VARIABLE COSTS ACRE S 15.32 S 4. FIXED COSTS DEPREC.INTEREST,TAXES C INSUH. TRACTOR EQUIPHENT IRRIGATION LAND-CASH RENT 1.00 TOTAL FIXED COSTS 5. TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS LAND CHARGE BASED ON CURRENT CASH RENT ACRE ACRE ACRE ACRE ACRE ACRE 23.47 18.90 35.14 ' 30.00 30.00 $' '7TT775T $' S 301.44 $ $ 6.70/CWT- GRAIN SORGHUM ACRE $ -92.19 $ PRICE IN REGION. INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE 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 DEVELOPED BY STAFF HEHBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE AND APPROVED FOR PUBLICATION. r PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/15/82. 809 B-1241 (C17) GRAIN SORGHUH, IRRIGATED, LOWER SOUTH CENTRAL TEXAS REGION 1982 PROJECTED COSTS AND RETURNS PER ACRE - MACHINERY OPERATION MOLDBOARD PLOW CHISEL PLOW PLANTER 6H HERB SPRAYR 6R PLANTER 6R OFFSET DISC CULTIVATOR 6R OFFSET DISC OFFSET DISC HACH LABOR I T E M OPER T I H E S LABOR HACHINE OPER COSTS COSTS MONTH OVER HOURS HOURS NO. 4,31 4,33 4,36 4,47 4,36 4,38 4,44 4,38 4,38 OCT NOV DEC MAR MAR MAR HAR APR MAY 0.50 1.00 1.00 1,00 1.00 2,00 1.00 1.00 1.00 TOTALS I R R I G AT I O N APPLICATION WATER APPLICATION WATER APPLICATION WATER APPLICATION TOTALS TOTAL OPER. COST 0.226 0.168 0.202 0.209 0.202 0.421 0.207 0.210 0.210 0.171 0.127 0.153 0.159 0.153 0.319 0.157 0.159 0.159 1.54 1.00 1.36 1 . 11 1.36 2.50 1.19 1.25 1.25 0.78 0.58 0.70 0.72 0.70 1.45 0.72 0.73 0.73 C O 0.0 0.0 5.59 3.60 0.0 0.0 0.0 0.0 4.33 2-95 4.27 2.89 4.27 8.82 3.38 4.41 4.41 6.65 4.53 6.32 10.32 9.92 12.77 5.29 6.39 6.39 2.055 1.557 12.57 7.09 9.19 39.72 68.57 IRRIG SYSTEH OPER. LABOR HOURS COSTS COSTS APPL. I R R I G INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS LABOR APPL. ACRE 10NTH INCHES HOURS FEB APR MAY A P P L . MACH INPUT FIXED COSTS COSTS 6.000 4.000 4.000 0.0 0.0 0.0 17.88 20.70 11 . 9 2 1 3 . 8 0 11 . 9 2 1 3 . 8 0 0.0 0.0 0.0 15.06 10.04 10.04 53.64 35.76 35.76 14.00 14.000 0.0 41.72 0.0 35. 14 125.16 6.00 4.00 4.00 48.30 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOHE ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF GRAIN SORGHUM (DOLLARS) 3.72 4.18 4.65 5 . 11 5.58 CWT. QUANTITY OF GRAIN SORGHUH 36.00 1 1 -54.61 -37.87 -21.13 -4.39 12.35 : 40.50 1 -40.57 -21.74 -2.91 15.93 34.76 | -26.53 -5.61 15.32 36.24 57.17 | -12.49 10.53 33.54 56.56 79.58 I 1.55 26.66 51.77 76.88 101.99 | 1 45.00 1 1 49.50 1 1 54.00 I 1 NOTE: NEGATIVE RETUHNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONHENT, GRAZE-OUT, OR OTHER HANAGEHENT STRATEGIES. >