r
TEXAS NORTHEAST
FOREWORD
r
The enterprise budgets for Texas Northeast
Region are based on estimates of yields, production
input quantities, and production practices which
represent the best judgment of local producers,
county Extension agents-agriculture, financial in
stitution 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
glasses 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.
Crop share rental agreements do not exist to
any substantial degree. Land charges were, there
fore, calculated by using a fair market value times
an interest rate or a cash lease.
TEXAS AGRICULTURAL EXTENSIOH SERVICE . THE TEXAS ACM UNIVEHSITY SYSTEM
D a n i e l C - P f a n n s t i e l , D i r e c t o r - C o l l e g e S t a t i o n , Te x a s
TEXAS ENTEHPRISE BUDGETS
NORTHEAST TEXAS REGION
Projected for 1982
Educational programs conducted by the Texas Agricultural Extension Service
s e r v e p e o p l a o f a l l a g e s r e g a r d l e s s o f s o c i o - e c o n o m i c l e v e l , r a c e , c o l o r,
sex, religion or national originCooperative Extension Work in Agriculture and Home Economics, The Texas ASM
University System and the United States Department of Agriculture coopera
ting- Distributed in furtherance of the Acts of Congress of May 8, 1914,
as amended, and June 30, 1914.
500
1-82,
New
ECO
7-2
501
PROJECTIONS POR PLANNING PORPOSES ONLY
NOT TO BE USED WITHOUT UPDATING APTER 02/22/82.
B-1241 (Cl 1)
CORN, NORTHEAST TEXAS REGIOH
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
PROJECTED
YIELD
UNIT
1. GROSS RECEIPTS
CORN
TOTAL PROJECTS D RETURNS
2. VARIABLE COSTS
PREHARVEST COS TS
♦ NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
FUEL 6 LUBE--THACTOR
EQUIPHENT
-TRACTOR
EQOIPHEHT
-HACHINERY
EQOIPHENT
OPERATING CA P I TA 1
SUBTOTAL- PREHARVEST
HARVEST COSTS
CUSTOM HARVEST
CUSTOH HAUL
SUBTOTAL, HARVEST
85.00
PROJECTED
$ / U N I T VA L U E
YOUR
E« JTIHATE
BO.
2.80 _238.00
$ 238.00 $
LB.
LB.
LB.
LB.
ACRE
ACRE
ACHE
ACRB
ACRE
HOOR
HOUR
DOL.
ACRE
0.29
0.27
0.15
0.45
8.25
IHPOT USE
120.00
80.00
80.00
10.00
0.60
2-73
0.63
32.28
85.00
85-00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS
3. INCOME ABOVE VABIABLE COSTS
BO.
BU.
ACRE
0.45
0.25
$
ACRE
$
ACRE
ACRE
ACRE
ACHE
ACHE
5 . TOTAL PROJECTED COSTS
ACRE
6. NET PROJECTED RETUHNS
38.25
21-25
59.50 $
176.98
$
$ 2.08/BO. CORN
4 . PIXED COSTS
DEPREC-,INTEREST-TAXES 8 INSOR.
TRACTOR
EQUIPHENT
LAND-CASH
RENT
1.00
TOTAL FIXED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
34.80
21.60
12.00
4.50
4.95
13.68
1.52
2.40
1.09
4.50 12.30
4.50
2.83
0.180 5. OT
$ 11 7 . 4 8 $
$
61.02
$
i
$
27.62
11 . 6 7
35.00
74.29 $
$
251.28 $
35.00
$ 2.96/BO. CORN
ACRE
$
-13.28
$
GOVERNHENT PAYMENTS NOT INCLODED.
r
INFORHATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS
NOT INTENDED TO RECOGNIZE OH PREDICT THE COSTS AND RETURNS FROH ANY
ONE PARTICULAR ?ARH OH RANCH OPERATION. THESE PROJECTIONS WERE
COLLECTED AND DEVELOPED BY STAFF HEHBBRS OF THE TEXAS AGRICULTURAL
EXTENSION SERVICE AND APPROVED FOR PUBLICATION.
-
501
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82,
B-1241 (C11)
CORN, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL HANAGEHENT
HACH
MACHINERY
OPERATION
SHREDDER(4R) T
MB PLOW (4 B) T
TA N D E M D I S C T
LISTER-BEDDER T
RENTD.FERT-APPL1
PLANTER
T
S P R AY E R
T
TA N D E M D I S C T
RENTD.FERT.APPL1
TOOL BAR CULT. T
ITEM OPER TIMES LABOR MACHINE OPER
LABOR
NO. HONTH OVER HOURS HOURS COSTS COSTS
3,31
3.37
4,34
3,47
5,86
3,39
4,49
4,34
5,86
3,43
OCT
FEB
FEB
MAR
HAR
HAR
MAR
HAR
APR
MAY
1.00
1.00
1-00
1.00
1.00
1.00
1.20
1.00
1.00
1.00
TOTALS
0.277
0.571
0.224
0.227
0.104
0.3 03
0.3 78
0.224
0.104
0.322
0.432
0. 170
0.172
0-079
0.230
0.2 86
0.170
0.079
0.244
2.734
2.071
0.210
1.94
4.16
1.15
1.61
0.27
2.23
1.91
1. 15
0.27
2.29
1.24
2-57
1.01
1-02
0.47
1.36
1.70
1.01
0.47
1.45
16.98 12.30
^
APPL. HACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.0
0.0
0.0
0.0
45.20
4-50
4.95
0.0
23.20
0.0
8.57
13.87
5.67
5. 38
46.63
12.14
14.89
5.67
24.63
7.33
5.39
7.14
3.50
2.75
0.70
4.0 4
6.33
3.50
0.70
3-59
7 7 - 8 5 37.64 144.77
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 CORN
(DOLLARS)
2.24
2-52
2.80
3.08
I
-12.76
6.28
25.32
44-36
76.50 1
0.33
21.75
43.17
64.59
85.00 I
13.42
37.22
61.02
84.82
93.50 |
26.51
52.69
78.87
105.05
39.60
68. 16
96.72
125.28
BU.
68.00
QUANTITY OF
CORN
102-00
I
1
*
"
3-36
I
63.40 J
I
86.01 J
1
108.62 J
I
131-23 |
1
153.84 J
, 1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS HAY BE AVOIDABLE
VIA CHOP ABANDONHENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
502
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE OSED WITHOUT UPDATING AFTER 0 2/22/82.
B-1241 (Cl 1)
COBN, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
PROJECTED
VALUE
S/UNIT
PROJECTED
YIELD
UNIT
1. GROSS RECEIPTS
CORN
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
FUEL 5 LUBE—THACTOR
EQOIPHENT
R E PA I R S T R A C T O R
EQOIPHENT
LABOR HACHINERY
EQOIPHENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM HARVEST
CUSTOM HAUL
SUBTOTAL, HARVEST
125.00
.
BU.
2.80
$
YOUR
E_5TIHATE
350.00
350.00 $
INPUT USE
160.00
80.00
80.00
10.00
1.00
2.62
0.63
31.85
125.00
125.00
TOTAL VARIABLE COSTS
<
0.29
0.27
0.15
0.45
8.25
LB.
LB.
LB.
LB.
ACRE
ACRE
ACHE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
4.50
4.50
0.180
0.45
0.25
BU.
BO.
ACRE
ACRE
$
46.40
21.60
12.00
4.50
8.25 —
13.24
1.52
2.36
1.68
11 . 7 8
2.83
5.73
131.91 $
$
56.25
31.25
87.50 $
$
219.41 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 1.76/BU. CORN
3.
INCOME
ABOVE
VA R I A B L E
COSTS
4. FIXED COSTS
DEPREC. ,INTEREST,TAXES S INSUR.
TRACTOR
EQUIPHENT
LAND.-CASH
RENT
1.00
TO TA L
FIXED
COSTS
5. TOTAL PHOJECTED COSTS
BREAK-EVEN PRICE', TOTAL COSTS
6. NET PROJECTED RETURNS
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
$
130.59
$
26.32
6.94
45.00
45-00
$ 78.25 $.
$
297.66
$.
$ 2.38/BU. CORN
ACRE
$
52.34
$
GOVEHNHENT PAYMENTS NOT INCLODED.
r
INFORHATION PRESENTED IS PREPARED SOLELY AS A GENERAL GOIDE AND IS
NOT INTENDED TO HECOGNIZE OR PREDICT THE COSTS AND RETORNS FROH ANY
ONE PARTICULAR FARH OR RANCH OPERATION. THESE PROJECTIONS WERE
COLLECTED AND DEVELOPED BY STAFF HEHBERS OF THE TEXAS AGRICULTURAL
EXTENSION SERVICE AND APPROVED FOR PUBLICATION.
502
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT OPDATING AFTER 02/22/82.
B-1241(C11)
CORN, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETORNS PER ACRE
HIGH LEVEL HANAGEMENT
HACHINERY
OPERATION
SHREDDER (4R) H
HB PLOW (4B) H
TA N D E M D I S C H
LISTER-BEDDER H
RENTD.FERT.APPL 1
PLANTER
H
S P R AY E R
H
TA N D E M D I S C H
RENTD.FERT.APPL1
TOOL BAR CULT. H
MACH
I T E H OPER
TIMES LABOR MACHINE OPER
LABOR
NO. MONTH OVER
HOURS
HOURS COSTS COSTS
3,65
3,71
4,68
3,81
5,86
3,73
4,83
68
5,86
3,77
OCT
FEB
FEB
HAR
HAR
HAR
HAR
HAR
APR
HAY
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.00
1.00
1.00
0.222
0.667
0.227
0.310
0.104
0.248
0.447
0.0
0.104
0.291
0. 168
0.505
0.172
0.235
0.079
0.188
0.338
0.172
0.079
0.221
2.619
2.156
1.75
4.81
1.27
2.22
0.27
1.98
2.28
0.18
0.27
2.07
1.00
3.00
1.02
1.40
0.47
1. 12
2.01
0.0
0.47
1.31
1 7 . 1 0 11 . 7 8
INPUT FIXED
COSTS COSTS
OPER.
COST
0.0
0.0
0.0
0.0
45-20
4.50
8-25
0.0
34.80
0.0
5.82
15.46
5. 48
7.09
46.63
11. 11
17-88
0.88
36.23
6.63
3.07
7.65
3.20
3.48
0.70
3.5 1
5.35
0.70
0.70
3.25
9 2 . 7 5 31.59 153.23
RESIDUAL RETORNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
INCOME ABOVE VARIABLE COSTS LESS SHARE-BENT
PRICE OF CORN
(DOLLARS)
BU.
QUANTITY OF
CORN
I
100.00 J
1
112.50 f
\
125.00 I
I
137.50 I
I
150.00 |
2.24
2.52
2.80
3.08
22.09
50.09
78.09
106.09
134.09 J
41.34
72.84
104.34
135.84
167.3
60.59
95.59
130.59
165.59
2 0 0 . 59
79.84
118.34
156.84
195.34
99.09
141.09
183.09
225.09
2 3 3 . 84 |
I
2 6 7 . 09 |
L
3.36
I
503
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82-
B-1241 (C11)
COTTON, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
GROSS RECEIPTS
COTTON LINT
COTTONSEED
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
FUEL S LUBE—TRACTOR
EQUIPMENT
R EP A IR S TRACTOR
EQUIPHENT
LABOR HACHINERY
EQUIPMENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
DEFOLIANT
STRIP 5 HAUL
GIN, BAG. TIES
HAUL, COMP5EDUC
SUBTOTAL, HARVEST
PROJECTED
YIELD UNIT
350.00
0.28
PROJECTED
YOUR
ESTIMATE
— VAT U E
LB.
TON
0.57
90.00
199.50
25.20
LB.
LBLB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOLACRE
0.29
0.27
0.15
0.50
10.45
4.68
14.50
10.80
6.00
12.00
10.45
28.08
18.82
3.04
2.74
2.08
24.32
5.67
8.72
77_TT
INPUT USE
50.00
40.00
40.00
24.00
1.00
6.00
5.40
1.26
48.45
1.00
13.30
13.30
0.73
ACRE
CWT.
CWT.
BALE
ACRE
4.50
4.50
0.180
6.05
1-90
2-3 5
3.75
ACRE
TOTAL VARIABLE COSTS
_r
6.05
25.27
37.90
2-74
TT7-9F
$ 219.17 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 0.55/LB. COTTON LINT
3.
INCOME
ABOVE
VA R I A B X E
COSTS
ACRE
$
5.53
$
4. FIXED COSTS
DEPREC. .INTEREST,TAXES 6 INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT
1.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
5. TOTAL PROJECTED COSTS
ACRE
$ 314.76 $.
$ 0.8 3/LB.
COTTON LINT
ACRE
$ -90.06 $
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
35.00
$'
47.75
12.83
3 5.QO "
'.b__8 $■
GOVERNMENT PAYHENTS NOT INCLUDED.
INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS
NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS AND RETURNS FROH 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.
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOOT UPDATING AFTER 02/22/82.
503
B-1241 (Cl 1)
COTTON, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACHINERY
OPERATION
TOOL BAR CULT.
SHREDDER (4R) T
TOOL BAR CULT. T
RENTD.FERT.APPL1
HB PLOW(3B) T
LISTER-BEDDER T
PLANTER
T
S P R AY E R
H
TOOL BAR CULT. T
S P R AY E R
H
TOOL BAR CnLT- T
S P R AY E R
H
S P R AY E R
H
MACH
I T E M OPER
TIMES LABOR MACHINE OPER LABOR
NO. MCNTH OVER
HOURS
HOURS COSTS COSTS
3,44
<*_ 31
3,44
4,86
4,38
3,47
4,39
5,83
4,43
5,83
4,43
5,83
5,83
NOV
NOV
FEE
HAR
MAR
HAR
APR
APR
MAY
MAY
JUNE
JUNE
JOLY
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.00
1.00
2-00
1.00
2.00
2.00 '
0T2T4"
0.277
0.214
0.104
0.756
0.2 27
0.3 64
0.3 72
0.322
0.744
0.322
0.744
0.744
0.162
0.210
0.162
0.079
0.573
0.172
0.276
0.2 82
0.244
0.564
0.244
0.564
0.564
1.54
1.39
1.54
0.50
3.90
1.61
1.95
1.08
1.65
2.15
1.65
2.15
2.15
0.96
1.24
0.96
0.47
3.40
1.02
1.64
1.67
1.45
3.35
1.45
3.35
3.35
A P P L . H A C H TO TA L
INPUT FIXED OPER.
COSTS COSTS COST
0.0
0-0
0-0
31.30
0.0
0.0
12.00
10.45
0.0
9.36
0.0
9.36
9.36
2.45
5.6 5
2.45
1.14
9.83
2.75
5.20
2.86
3.90
5.71
3.90
5.71
5.71
4.96
8.28
4.96
33.41
17. 13
5.38
20-79
16-06
6.99
20.58
6.99
20.58
20.58
5.404 4.094 23.26 24.32 81.83 57.26 186.67
TOTALS
RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT
LB.
QUANTITY OF
COTTON LINT
0.46
PRICE OF COTTON LINT
(DOLLARS)
0.51
0.57
0.63
0.68
280.00
-58.15
-42.19
-26.23
-10-27
5.69 |
315.00
-46.26
-28.31
-10.35
7.60
25.56
350.00
-34.37
-14.42
5.53
25.48
4 5.43
385.00
-22-48
-0.54
21.41
43.35
65.30
420.00
-10.60
13.34
37.28
61.22
85.16 |
1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER HANAGEHENT
STRATEGIES.
^
504
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82.
B-1241 (C11)
COTTON, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
1. GROSS RECEIPTS
COTTON LINT
COTTONSEED
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
FUEL & LUBE—TRACTOR
EQUIPHENT
R E PA I R S T R A C T O R
EQUIPMENT
LABOR HACHINERY
EQUIPHENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
DEFOLIANT
STRIP & HAUL
GIN, BAG. TIES
HAUL, COMP.EDUC
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
PROJECTED
YIELD UNIT
500.00
0.40
PROJECTED
"57UHTT" VIITUE
YOUR
ESTIMATE
LB.
TON
0.57 285.00
90.00 36.00 '
$—3_T_UTJ $'
LB.
LBLB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOLACRE
0.29
0.27
0.15
0.50
10.45
4.68
INPUT USE
50.00
40.00
40.00
24.00
1.00
6.00
5.39
0.91
42.76
1.00
19.00
19.00
1.00
4.50
4.50
0.180
14.50
10.80
6.00
12.00
10.45
28.08
18.82
2.20
2.75
2. 32
24.26
4.09
7.70
"
"
"
*
"
'
"
'
$—TTnrra $'
ACRE
CWT.
CWT.
BALE
ACRE
6.05
6.05
1.90 36.10 "
2.85
54.15
'
3.75
3.75
'
$—nJU71_3 $"
ACRE
$ 244.03 $.
BREAK-EVEN PRICE, VARIABLE COSTS $ 0.42/LB.
COTTON LINT
$
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
76.97
$
4. FIXED COSTS
DEPREC. .INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
5. TOTAL PROJECTED COSTS
ACRE
$ 341.07 $.
$ 0.61/LB-
COTTON LINT
ACRE
$ -20.07 $
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
47.58
9.46
40.00 40.00 '
$
"977137
$*
GOVERNMENT PAYHENTS NOT INCLUDED.
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 FARH OR RANCH OPERATION. THESE PROJECTIONS WERE
COLLECTED AND DEVELOPED BT STAFF MEMBERS OF THE TEXAS AGRICULTURAL
EXTENSION SERVICE AND APPROVED FOR PUBLICATION.