PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82.
513
B - 1 2 4 1 ( C 11 )
SOYBEANS, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL HANAGEHENT
HACHINERY
OPERATION
TA N D E H D I S C T
TA N D E M D I S C T
RENTD.FERT. APPL1
LISTER-BEDDER T
S P R AY E R
T
TOOL BAR CULT. T
PLANTER
T
S P R AY E R
T
TOOL BAR CULT. T
TOOL BAR CULT. T
ITEM OPER
TIMES
NO. MONTH OVER
3,34
3,34
5,86
3f<*7
3,49
4,43
3,39
3,49
4,43
4,43
DEC
HAR
APR
APR
HAY
JUNE
JUNE
J U LY
J U LY
AUG
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
2.00
1.00
1.00
MACH
LABOR
LABOR MACHINE OPER
HOURS COSTS COSTS
HOURS
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.224
0.224
0.104
0.227
0.315
0.322
0.364
0.630
0.322
0.322
0.170
0.170
0.0
0.0
16.80
0.0
8.25
0.0
10.80
9.34
0.0
0.0
3.29
3.29
0.70
2.75
4.97
3.90
4.85
9.9 4
3-90
3.90
5-90
5.90
18.23
5.38
16.86
6.99
19.97
26.56
6.99
6.99
3.0 53
2.313
45. 19 4 1 . 4 8
119.77
0.079
0.172
0.239
0.244
0.276
0.477
0.244
0.244
1.60
1.60
0.27
1.61
2.22
1.65
2.68
4.44
1.65
1.65
1.01
1.01
0.47
1.02
1.42
1.45
1.64
2.83
1.45
1.45
19.36 13.74
RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHAHE-RENT
INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT
PRICE OF SOYBEANS
(DOLLARS)
7.38
4.92
5.53
6.15
6.76
-9.57
2.73
15.03
27.33
2.10
15.94
29.78
43.62
13.78
29.15
44.53
59.90
I
39.63 |
I
57.45 1
I
75.28 \
25.45
42.37
59.28
76.19
93.10 |
37. 13
55.58
74.03
92-48
11 0 . 9 3 |
BU.
20.00
22.50
QUANTITY OF
SOYBEANS
25.00
27.50
30.00
1
1
1
I
1
1
1
!
I
J
1
1
NOTE: NEGATIVE RETUHNS OVER VARIABLE COSTS HAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER HANAGEHENT
STRATEGIES.
514
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82.
B-1241 (C11)
SOYBEANS, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AHD RETUBNS PEB ACRE
HIGH LEVEL HANAGEHENT
PROJECTED
VALUE
S/UNIT
PROJECTED
YIELD
UNIT
CATEGORY
1. GROSS RECEIPTS
SOYBEANS
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦PHOSPHATE
♦POTASH
♦SEED
♦INNOCULANT
♦HERBICIDE
♦INSECTICIDE
FUEL & LUBE—TRACTOR
EQUIPHENT
R E PA I R S T R A C T O R
EQUIPHENT
LABOR HACHINERY
EQUIPHENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOH HAUL
SUBTOTAL, HARVEST
38.00
BU.
6.15
LB.
LB.
LB.
ACRE
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.27
0.15
0.24
1.35
8.25
4.67
YOUR
E55TIMATE
$
233.70
233.70 $
$
16.20
9.00
10.80
1.35
8.25
16.34
19.54
1.86
3.55
1 . 8 0 _16.71
3.46
5,T1
11 3 . 9 8 S
$
15.00
9.50
24.50 $
$
138.48 $
INPUT USE
60.00
60.00
45.00
1.00
1.00
3.50
3.71
0-77
28.37
1.00
38.00
4.50
4.50
0.180
15.00
0.25
ACRE
BU.
ACRE
ACRE
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS $ 3.64/BU. SOYBEANS
3.
INCOME
ABOVE
VA R I A E L E
COSTS
4. FIXED COSTS
DEPREC, INTEREST,TAXES 8 INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1.00
TO TA L
FIXED
COSTS
5- TOTAL PROJECTED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
$
45.00
9
5.22
$
37.87
7.54
4 5.&0
S 90.41 $.
$
228.89
S.
$ 6.02/BU. SOYBEANS
ACRE
$
4.81
S
INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS
NOT INTENDED TO RECOGNIZE OR PREDICT THE COSTS AHD RETUBNS FROM ANY
ONE PARTICULAR FARH OH RANCH OPERATION. THESE PROJECTIONS WERE
COLLECTED AND DEVELOPED BY STAPF HBHBERS OF THE TEXAS AGRICULTURAL
EXTENSION SERVICE AND APPROVED FOR PUBLICATION.
514
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USEE WITHOUT UPDATING AFTER 02/22/82.
B-1241(C11)
SOYBEANS, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACBE
HIGH LEVEL HANAGEHENT
MACHINEBY
OPERATION
TA N D E H D I S C H
TA H D E H D I S C H
RENTD.FERT-APPL1
LISTER-BEDDER H
S P R AY E R
H
TOOL BAR CULT. H
PLANTER
H
S P R AY E R
H
TOOL BAR CULT. H
S P R AY E R
H
TOOL BAR CULT. H
S P R AY E R
H
S P R AY E R
H
MACH
ITEH OPER TIMES LABOR HACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3,68
3,68
5,86
3,81
3,83
4,77
3,73
3,83
4,77
3,83
4,77
3,83
3,83
DEC
HAH
APR
APR
HAY
JUNE
JUNE
JOLY
JULY
AUG
AUG
SEPT
OCT
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.00
1.00
1.00
1.00
1.00
0.50
0.227
0.227
0.104
0.310
0.372
0.291
0.298
0.372
0.291
0.372
0.291
0.372
0.186
0.172
0.172
0.079
0.235
0.282
0.221
0.226
0.282
0.221
0.282
0.221
0.282
0. 141
3.713
2.813
1.72
1.72
0.27
2.22
2.64
1.49
2.38
2.64
1.49
2.64
1.49
2.64
1.32
1.02
1.02
0.47
1.40
1.67
1.31
1.34
1.67
1.31
1.67
1.31
1.67
0.84
24.67 16.71
APPL. HACH TOTAL
INPUT FIXED OPERCOSTS COSTS COST
0.0
0.0
25.20
0.0
8.25
0.0
12. 15
4.67
0.0
4.67
0.0
4.67
2.34
2-98
2.98
0.70
3.48
4.10
3.53
4.21
4.10
3.5 3
4.10
3.53
4.10
2.05
5.72
5.72
26.63
7.09
16.66
6.33
20.08
13.08
6.33
13.08
6.33
13.08
6.54
6 1 - 9 4 4 3 . 3 8 146.71
RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
INCOHE ABOVE VARIABLE COSTS LESS SHARE-RENT
PHICE OF SOYBEANS
(DOLLARS)
BU.
30.40
34.20
QUANTITY OF
SOYBEANS
38.00
41.80
45.60
_
1
J
I
1
I
|
!
|
I
I
JL
4.92
5.53
6.15
6.76
12.99
31.69
50.38
69.08
30.74
51-77
72.80
93.84
48.48
71-85
95.22
11 8 . 5 9
66.23
91.94
11 7 . 6 4
143.35
83.97
11 2 . 0 2
140.06
1 6 8 . 11
7.38
!
87. 77 |
I
114. 87 l
I
141, 96 J
I
169 06 J
I
196. 15 |
L
*Noiivoiiand aoa aaAoaddv aav aoiAaas aoisaaixa
ivani_jioiaf)V svxai aui ao saaauaw aavis la aaaoiaAaa onv aaioanoo
aaaa sNoiioaroaa asaai *Noiivaaao horvb ao Hava avmoiiava sno
any i.083 SNaniaa aav sisod ______ ioiaaaa ao azxaoooaa oi aaaasiai iON
si onv aains lYaanas v sv naios aaavaaaa si aaisasaaa aoiiVRaoaai
•aaanioai iON siNauiva iaauNaaAos
SNaniaa aaioaroad iaa *9
*$ 8£*i?i- $ aaov
Sisoo ivioi 'aoiaa aaAa-__vaaa
ivaH-i -na/u*i? $
$ 8£*U9l
$
$ 176*81?
00*0£
39*9
3£*3l
$
sisoo aaioaroad ivioi *s
aaov
00-0E
aaov
aaov
aaov
aaov
sisoo aaxia ivioi
iaaa Hsvo-aNVi
iaaudinOa
aoiovai
*a
•ansai
s saxYi'isaaaiNi'-Daadaa
sisoo aaxia *i?
00*
$ 9S*i7£ $ aaov sisoo aiavia.A aAoav aaooNi *£
ivaafi -na/68*3 $ sisoo aiaviavA 'aoiad aaAa-svaaa
$ 17-7*51 l $
aaov
sisoo aiaviavA ivioi
s 00-£3 $
0O*8
03*0
oo-si oo-si
aaov
•na
aaov
$ 1?1?*36 $
5£"0l 061-0
£8*3 05*1?
8S*S OS'ti
•85*0
09*0
35*1
_.9*ft
I £*5 I £-5
00-13 83*0
Sl-0
— 00*9
08"0l _.3"0
03*£3 63-0
aaov
•ioa
BflOH
anoH
aaov
aaov
aaov
aaov
IddV
*a_
-a.
-a_
•ai
isiAavH "ivioians
invH woisno
aaiaRoo HOisno
SiSOO iS3AHVB
isaAavHaad '.vioians
TYild.O DNIiVaadO
iaaHdinOa
laaaiEOVH
aoavi
iKaaainOa
aoiovai
saivdaa
iaaaainOa
aoiovai—aeni s lana
aaioiioasai*
(aaivaai) aaas*
Qiiddv (__) iaaa
aiiaav (d) iaaa
Oiiddv (a) iaaa
sisoo isaAavuaaa
sisoo aiaviavA mz
00*017
oo-i
£S*/_S
£9"0
1?3*l
00*1
00"5_.
00*0t
00*01?
00*08
asn inaai
$ 00*051 $
Ofi-OSl SI*£
aiVHiisa
anoi
amvA iiNn/$
uaioaroad
-na
iiNn
00*01?
aian
aaioaroad
saaniaa aaioaroaa ivioi
ivaaa
siaiaoaa ssoas -i
laooaivo
iKaaasvNVH ivoiaii
aaov Had saaniaa onv sisoo aaioaroaa 3861
Hoisaa svxai isvaaiaoN 'ivaHi.
(uo) ii/31-a
-38/33/30 aaiav DNiivaan inoHiia aasn aa oi iON
iiao sasoaana sRiaavia aoa saoiioaroaa
SIS
j
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82.
515
B-1241 (C11)
WHEAT, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL HANAGEHENT
HACH
ITEH OPER TIHES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
HACHINERY
OPERATION
OFFSET DISC
OFFSET DISC
GRAIN DRILL
SPRAYER
T
T
T
4,32
4,32
4,42
5,49
SEPT
OCT
OCT
NOV
TOTALS
1.00
1.00
1.00
1.00
^
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
0.273 0.207 1.38 1.23 0.0 3.85 6.47
0.273 0.207 1.38 1.23 0.0 3.85 6.47
0.378 0.286 2.00 1.70 21.00 5.65 30.35
0 . 3 1 5 0 . 2 3 9 0 . 9 0 1 . 4 2 5 . 3 1 3 . 9 2 11 . 5 4
1.240 0.939 5.66 5.58 26.31 17.28 54.83
RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
INCOME ABOVE VARIABLE COSTS LESS SHAHE-HENT
PRICE OF WHEAT
(DOLLARS)
3.00
3.37
3.75
4.12
32.00 |
-17.84
-5.84
6.16
18.16
36.00 \
-6.64
6.86
20.36
33.86
I
4.56
19.56
34.56
49.56
44.00 I
15.76
32.26
48.76
65.26
48.00 1
26.96
44.96
62.96
80.96
4.50
BU.
QUANTITY OF
WHEAT
40.00
'.
30. 16 |
I
47.36 |
I
6 4.56 J
1
81.76 1
I
98.96 J
NOTE: NEGATIVE RETURNS OVEB VARIABLE COSTS HAY BE AVOIDABLE
VIA CROP ABANDONHENT, GRAZE-OUT, OR OTHER HANAGEHENT
STRATEGIES.
*>
•Noiivonaod aoa aaAoaaav onv aoiAaas aoiSNaixa
ivaniinoiaov svxai aHi ao saaaaaw aavis la aaaoiaAaa aav aaioanoo
aaa« saoiioaroad asaai 'aoiivaaao honyb ao uava avmoiiava aao
inv uoaa SNaniaa onv sisoo aHi ioiaaad ao aziNOooaa oi aaaaaiai iON
si aav aains ivaaaaD v sv naios aaavaaaa si aaiaasaaa aoiivnaoaNi
*aaanioai ioa siaawiva iaaHNaaAos
$ 06-£3
$
aaov
i v a [H«
•na/_.3*E $
saaniaB aaioaroaa i3N -9
sisoo ivioi 'aoiaa aaAa-__vaaa
$ 09*£9l
$
aaov
sisoo aaioaroaa ivioi *s
S 16*91
39 *£
63 "£t
$
aaov
aaov
aaov
sisoo aaxia lYiOi
iaaaainDa
aoiovai
•ansai 9 ssxvi'isaaaiai' *oaaaaa
sisoo aaxia *i?
$ i8*ot? $ aaov sisoo aiaviavA aAoav awooNi *£
ivaHa *na/£6*3 s sisoo aiaviavA -.aoiaa aaAa-_.vaaa
$
69*91?l $
aaov
$
00*53 $
OO'Ot 03*0
otrsi
oo-si
aaov
*na
aaov
69*131 $
SO'll 081*0
03"3 OS'U
80 "9 05*17
08*0
59*0
81 *l
30*5
IE *5 l£*S
00*13 83*0
00*31 Sl*0
09-13 £3*0
08-17E 63*0
aaov
"ioa
anoH
an oh
aaov
aaov
aaov
aaov
_aav
-a.
*a*i
-ai
-ai
$
—
sisoo aiaviavA TViOi
00-os
00*1
6£*19
6t?"0
S£*l
00*1
00*S_.
00*08
00*08
00*031
asn indNi
$ 0S-..81 $
0£mLQl S/.*£
aiYRiisa
anoi
anivA iian/$
. aaioaroaa
-
*na
ilNO
00*05
aian
aaioaroaa
isaABVH "ivioians
invH HOisno
aaiaHoo HOisno
SiSOO iSaAHVH
isaAavHaaa 'ivioians
iviiavo sNiivaaao
iaaa a 1 no a
l a a a i H D V H a o a v.
iaaaainOa
aoiovai saivdaa
iNaaainoa
aoiovai—aani 9 .ana
aaiDiioasai*
(aaivaai) aaas*
a.iaav (__) iaaa
aiiddv (a) iaaa
a«iaav (a) iaaa
Sisoo isaABVHaad
sisoo aiaviavA *3
saaniaa aaioaroad ivioi
iVaHH
siaiaoaa ssoas -i
laosaivo
iNauasvNvu __.A2_ hdih
aaov aad SNaniaa onv sisoo aaioaroaa 3861
Noioaa svxai isvaHiaoa 'ivaHM
(uo) 11?31-a
"38/33/30 aaiav sNiivaan inoHiia aasn aa oi ion
i i n o s a s o a a n a o N i N N Y. d a o a s a o i i o a r o a a 9 i s
J
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/82.
516
B-1241 (C1 1)
WHEAT, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACH
LABOR
I T E M OPER
TIMES LABOR MACHINE OPER
HOURS
COSTS
COSTS
NO. MONTH OVER
HOURS
MACHINERY
OPERATION
OFFSET DISC
OFFSET DISC
GRAIN DRILL
SPRAYER
H
H
H
H
4,66
4,66
4,76
5,83
AUG
SEPT
OCT
NOV
TOTALS
1.00
1.00
1.00
1.00
-I
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.295
0.295
0.389
0.372
0.223
0.223
0.295
0.282
1.59
1.59
2.06
1.08
1.33
1.33
1-75
1-67
0.0
0.0
21.00
5-31
3.85
3.85
5.05
2-86
6.77
6-77
2 9.86
10-92
1.350
1.023
6.33
6.08
26.31 15.62
54-33
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 WHEAT
(DOLLARS)
3.00
BU.
QUANTITY OF
WHEAT
3.37
3.75
4.12
4.50
_
!
40.00 1
!
45.00 |
J
50.00 1
I
55.00 |
.
60.00 1
~
-24.69
-9.69
5.31
20.31
35.31 I
-10.69
6.18
23.06
39.93
56.81 I
3.31
22.06
40.81
59.56
78.31 J
17.31
37.93
58.56
79.18
99.81 |
31.31
53.81
76.31
98.81
121.31 J
1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER HANAGEHENT
STRATEGIES.
517
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/32.
B-1241 (C11)
SOUTHERN PEAS, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETUHNS PER ACRE
TYPICAL HANAGEHENT
CATEGORY
1 . GROSS RECEIPTS
SOUTHERN PEAS
TOTAL PROJECTED RETUHNS
2. VARIABLE COSTS
PREHARVEST COSTS
FERT (N) APPL'D
FERT (P) APPL'D
FERT (K) APPL'D
♦SEED
FUEL 5 LUBE—TRACTOR
EQUIPHENT
R E PA I R S T R A C T O R
EQUIPHENT
LABOR HACHINERY
EQUIPHENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM COHBINE
CUSTOM HAUL
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
8.00
CWT.
YOUR
ESTIMATE
VALUE
20.00
$
160.00
160.00 $
$
5-80
10.80
6.00
11 . 4 0
7-33
1.69
0.92
0.83
7.72
3.15
0-89
56-54 $
$
15.00
2.40
17.40
$
73.94 $
INPUT USE
20.00
40.00
40.00
30.00
1.72
0.70
4.94
1.00
8.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE. VARIABLE COSTS
LB.
LB.
LB.
LB.
0.29
0.27
0.15
0.38
ACRB
ACRB
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
ACRE
CWT.
ACRE
$
15-00
0.30
s"
9 . 24/CWT. SOUTHERN PEAS
ACRE
4. FIXED COSTS
DEPREC. ,INTEREST,TAXES & INSUR.
TRACTOR
EQUIPHENT
TOTAL FIXED COSTS
5 . TOTAL PROJECTED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
4.50
4-50
0. 180
ACRE
3. INCOME ABOVE VARIABLE COSTS
6. NET PROJECTED RETURNS
PROJE CTED •
S/UNIT
S
86.06 $
ACRE
ACRE
ACHE
$
18.9.3
5.94
24.87 $
ACRE
$
98.81 $
$ 12.35/CWT. SOUTHERN PEAS
ACHE
$
61.
19
$
INFORHATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS
NOT INTENDED TO RECOGNITE OH PREDICT THE COSTS AND RETURNS FROH ANY
ONE PARTICULAR FARH OH RANCH OPERATION. THESE PROJECTIONS WERE
COLLECTED AND DEVELOPED BY STAFF HEHBERS OF THE TEXAS AGRICULTURAL
EXTENSION SERVICE AND APPROVED FOR PUBLICATION-
5 1 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
N O T TO 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 0 2 / 2 2 / 8 2 . B - 1 2 4 1 ( C 11 )
SOUTHERN PEAS, NORTHEAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL HANAGEHENT
M A C H A P P L . M A C H TO TA L
HACHINERY ITEH OPER TIMES LABOR MACHINE OPER LABOR INPUT FIXED OPER.
OPERATION NO. MCNTH OVER HOURS HOURS COSTS COSTS COSTS COSTS COST
TA N D E M D I S C T
PA N D E M D I S C T
T O O L B A R C U LT.
PLANTER T 4,39
I * O O L B A R C U LT.
TO TA L S
4,34 APR 1.00 0-224 0.170 1.15 1.01 0.0 3.50 5.67
4 , 3 4 H AY 1 . 0 0 0 . 2 2 4 0 . 1 7 0 1 . 1 5 1 . 0 1 0 . 0 3 . 5 0 5 . 6 7
T 4,43 JUNE 1.00 0.322 0.244 1.65 1.45 0.0 3.90 6.99
J U N E 1 . 0 0 0 . 3 0 3 0 . 2 3 0 1 . 6 3 1 . 3 6 11 . 4 0 4 . 3 3 1 8 - 7 2
T 4 , 4 3 J U LY 2 - 0 0 0 . 6 4 3 0 . 4 8 7 3 . 3 0 2 . 8 9 0 - 0 7 . 7 9 1 3 . 9 8
1.717
1.300
8.88
7.72
11 . 4 0
23.03
51.03
RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
INCOME ABOVE VARIABLE COSTS LESS SHARE-HENT
PRICE OF SOUTHERN PEAS
(DOLLARS)
16.00
18.00
20.00
22.00
24.00
28.94
41.74
54.54
67.34
I
80.14 !
41.50
55.90
70.30
84.70
54.06
70.06
86.06
102.06
99.10 |
.
118.06 J
66.62
84.22
101.82
11 9 . 4 2
137.02 J
79.18
98.38
11 7 . 5 8
136.78
155.98 J
~
CWT.
6.40
I
I
1
7.20 1
QUANTITY OF
SOUTHERN PEAS
I
I
8.00 !
!
8.80 1
1
9.60
1
1
I
" >