TEXAS DEEP EAST
r
FOREWORD
The enterprise budgets for Texas Deep East
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 insti
tution representatives, farm machinery dealers and
others knowledgeable of the area. Variation in
yields, production inputs and production practices
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.
The machinery inventory is applicable to both
r
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.
B-1241 (C 20)
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY 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 ENTERPRISE BUDGETS
DEEP EAST TEXAS REGION
Projected for 1982
Educational programs conducted by the Texas Agricultural Extension Service
s e r v e p e o p l e 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 origin.
Cooperative 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, 191U,
as amended*, and June 30', 1914.
500
1-82,
New
ECO
7-2'
951
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/17/82.
B-1241 (C20)
CORN, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
C AT E G O RY
PROJECTED
YIELD
UNIT
1. GROSS RECEIPTS
CORN
TOTAL PROJECTED RETURNS
70.00
2 . VA R I A B L E C O S T S I N P U T U S E
PREHARVEST COSTS
♦SEED CORN/GRAIN 0.25
♦NITROGEN
120.00
♦PHOSPHORUS
60.00
♦ P O TA S S I U M
60.00
♦HERB
PREMERGE
1.00
LIME
0.50
FUEL S LUBE—TRACTOR
EQUIPMENT
R E PA I R S T R A C T O R
EQUIPMENT
LABOR
MACHINERY
2.18
EQUIPMENT 0.63
O P E R AT I N G C A P I TA L 6 0 . 3 3
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM COMBINING '70.00
CUSTOM
HAUL70.00
SUBTOTAL, HARVEST
BU.
PROJECTED
VALUE
$/UNIT
2.70
YOUR
ESTIMATE
189.00
$ 189.00 $
BAGS
LBLB.
LB.
LB.
TON
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
67.90
0.29
0.27
0.15
2.45
25.00
16.97
34.80
16.20
9.00
2-45
12.50
12.40
1.52
2.42
1.56
4.50
9.80
4.50
2.83
0-180
10.86
$ 133.33 $.
BU.
BU.
ACRE
0.35
0.15
24.50
10.50
$ 35.00 $.
ACRE
$ 168.33 $m
$ 2.40/BU.
CORN
3. INCOME ABOVE VARIABLE COSTS
ACRE
$
4. FIXED COSTS
DEPREC.,INTEREST,TAXES S INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1-00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
21.93
17.42
15.00
15.00
$ 54.35 $.
5. TOTAL PROJECTED COSTS
ACRE
$ 222.68 $.
$ 3.18/BU,
CORN
ACBE
$ -33.68 $
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
20.67
$.
GOVERNMENT PAYMENTS NOT INCLUDED.
PREPARED BY WAYNE D. TAYLOR, TAEX, OVERTON, TEXAS.
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.
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/17/82
951
B-1241 (C20;
CORN, DBYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACHINERY
OPERATION
OFFSET DISC
TANDEM DISC
TANDEM DISC
RENT FERT APPLI.
TANDEM DISC
PLANTER
SPRAYER, HERB
ROLLING CULT.
RENT FERT APPLI.
ROLLING CULT.
MACH
LABOR
I T E M OPER
T I M E S LABOR MACHINE OPER
COSTS
COSTS
NO. MONTH OVER HOURS HOURS
3,34
3,38
3,38
3,86
3,38
3,48
62
3,58
3,86
3,58
NOV
NOV
FEB
MAR
MAR
MAR
MAR
APR
MAY
MAY
TOTALS
1.00
1.00
1.00
1.00
1.00
1.10
1.10
1.00
1.00
1.00
APPL. MACH
INPUT F I X E D
COSTS COSTS
TOTAL
OPERCOST
4.92
4.50
4.50
1.36
4.50
5.66
1.98
4.44
1.36
4.44
8.03
7.40
7.40
45.50
7.40
26.78
4.52
7.90
20.30
7.90
0.260
0.243
0.243
0.135
0.243
0.334
0.0
0.292
0.135
0.292
0.197
0.184
0.184
0.103
0.184
0.253
0.262
0.222
0. 103
0.222
1.94
1.80
1.80
0.92
1.80
2.64
0.09
2.15
0.92
2.15
1.17
1.09
1.09
0.6 1
1.09
1.50
0.0
1.32
0.6 1
1.32
0.0
0.0
0.0
42.60
0.0
16.97
2.45
0.0
17.40
0.0
2.179
1.913
16.21
9.80
79.42 37.69 143.12
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)
BU.
56.00
63.00
QUANTITY OF
CORN
70.00
77.00
84.00
2.16
2-43
2.70
2.97
3.24
-40.37
-25-25
-10.13
4.99
20.11
-28.75
- 11 . 7 4
5.27
22.28
3 9.29
-17.13
1.77
20.67
39.57
58.4 7
-5.51
15.28
36.07
56.86
77.6 5
6.11
28.79
51.47
74.15
96-8 3
_
1
1
I
I
I
1
J
|
1
J
1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
952
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTEfi 02/17/82.
3-1241 (C20)
CORN, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
PROJECTED
YIELD
UNIT
CATEGORY
1. GROSS RECEIPTS
CORN
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦SEED CORN/GRAIN
♦NITROGEN
♦PHOSPHORUS
♦POTASSIUM
♦ HERB PREMERGE
LIME
FUEL S LUBE—TRACTOR
REPAIRS TRACTOR
EQUIPMENT
LA BO R HACHINERY
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM COMBINING
CUSTOM HAUL
SUBTOTAL, HARVEST
90.00
PROJECTED
VALUE
$/UNIT
BU.
2.70
$
YOUR
ESTIMATE
243.00
243.00 $*"_ — - _ _ - .
•
INPUT USE
0.25
160.00
80.00
80.00
1.00
1.00
2.18
78.26
90.00
90.00
TOTAL VARIABLE COSTS
BAGS
LB.
LB.
LB.
LB.
TON
ACRE
ACRE
ACRE
HOUR
DOL.
ACRE
67.90
0.29
0.27
0.15
2.45
25.00
BU.
BU.
ACRE
0.35
0.15
$
16.97
46.40
21.60
12.00
2-45
25.00
12.40
2.42
1.38
9-80
14.09
164.52 $
$
31.50
13.50
45-00 $
$
209.52 $
4.50
0.180
ACRE
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.33/BU. CORN
3.
INCOHE
ABOVE
VA R I A B L E
COSTS
4. FIXED COSTS
DEPREC,INTEREST,TAXES S 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
$
33.48
$
21.93
15.76
15.00
15.00
$ 52.69 $.
$
262.21
$.
$ 2.91/BO. CORN
ACRE
$
-19-21
$
GOVERNMENT PAYMENTS NOT INCLUDED.
PREPARED BY WAYNE D. TAYLOR, TAEX, OVERTON, TEXAS.
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-
952
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/17/82
B-1241 (C20)
CORN, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACH
MACHINERY
OPERATION
OFFSET DISC
TANDEM DISC
TANDEM DISC
TANDEM DISC
RENT FERT APPLI.
PLANTER
SPRAYER, HERB
ROLLING CULT.
RENT FERT APPLI.
ROLLING CULT-
ITEM OPER T I M E S LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3,34
3,38
3,38
3,38
3,86
3,48
62
3,58
3,86
3,58
NOV
NOV
FEB
MAR
MAR
MAR
MAR
APR
HAY
MAY
TOTALS
1.00
1.00
1.00
1.00
1.00
1. 10
1.10
1.00
1.00
1.00
APPL. MACH
INPUT F I X E D
COSTS COSTS
TOTAL
OPER.
COST
8.03
7.40
7.40
7.40
59.70
26.78
4.52
7.90
26. 10
7.90
0.260
0-243
0.243
0.243
0.135
0.334
0.0
0.292
0.135
0.292
0.197
0.184
0. 184
0. 184
0.103
0.253
0.262
0.222
0.103
0.222
1.94
1.80
1.80
1.80
0.92
2.64
0-09
2-15
0.92
2.15
1.17
1.09
1.09
1.09
0.61
1.50
0.0
1.32
0.61
1.32
0.0
0.0
0.0
0.0
56.80
16.97
2-45
0-0
23.20
0.0
4.92
4.50
4.50
4.50
1.36
5.66
1.98
4.44
1.36
4.44
2.179
1.913
16.21
9-80
99-42 37.69 163.12
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)
3.24
2.16
2.43
2.70
2.97
-45.00
-25.56
-6.12
13.32
-30.06
-8.19
13.68
35.55
-15.12
9.18
33.48
57.78
-0.18
26.55
53.28
80.01
106 74
14.76
43.92
73.08
102.24
131 40
BU.
QUANTITY OF
CORN
72.00 l
1
81.00 |
I
90.00 |
I
99.00 |
I
108.00 1
32 . 7 6 I
J
57 42 |
4
82 08 1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
•^
953
PROJECTIONS FOR PLANNING PURPO."
NOT TO BE USED WITHOUT UPDATING AFT]
.3...
02/17/82-
3-1241 (C20;
COTTON, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
PROJECTED
YOUR
CATEGORY
PROJECTED
YIELD
UNIT
ESTIMATE
S/UNIT sTKLTTE
1. GROSS RECEIPTS
COTTON LINT
260.00 LB.
0.57 148.20
COTTONSEED
0.21 TON
100.00 21.00
TOTAL PROJECTED RETURNS
$ 1 b y. 2 U $
2. VARIABLE COSTS
INPUT USE
PREHARVEST COSTS
♦SD COTTON-UPLAND
24.00 LB.
0.35
8.40
0.29 14.50
♦NITROGEN
50.00 LB0.27
8.10
♦PHOSPHORUS
30.00 LB- .
♦POTASSIUM
20.00 LB.
0.15
3.00
♦HERB PMERGE EAR
1.50 PINT
4.94
7.41
♦HERB PMERGE LATE
0 . 8 7 LB.
7.96
6.93
♦HERB POST EMERGE
0 . 1 6 PINT
9.59
1.53
♦INSECT EARLY
2.00 PINT
2.33
4.66
INSET APPL EAR
2.00 APPL
3.50
7.00
♦INSEC MID SEAS
0 . 0 3 GAL.
19.80
0.62
INST APP HD SEAS
1.00 APPL
3.00
3.00
♦BACTERIACIDE
2.00 LB.
9.71 19.42
BACT. APPL.
2.00 APPL
3.50
7.00
FUEL S LUBE—TRACTOR
ACRE
14.00
ACRE
1.69
EQUIPMENT
R E PA I R S T R A C T O R
ACRE
2.61
ACRE
1.85
EQUIPMENT
LABOR MACHINERY
2.56 HOUR
4 . 5 0 11 . 5 1
0 . 7 0 HOUR
4.50
3.15
EQUIPMENT
OPERATING CAPITAL
44.44 DOL.
0.180
8.00
ACRE
$ 134.38 $ "
SUBTOTAL, PREHARVEST
HARVEST COSTS
DESICCANT
1.00 APPL
12.87 12.87
DEFOLIANT
1.00 APPL
4.16
4.16
CUST CTTN STRIP
260.00
LBm
0
.
0
9
2
3.40
• 0-52 BALE
45.00 23.40
GIN, BAG, TIES
FUEL 5 LUBE—TRACTOR
ACRE
0.0
ACRE
0.51
EQUIPMENT
R E PA I R S T R A C T O R
ACRE
0.0
ACRE
0.06
EQUIPMENT
LABOR MACHINERY
0.0
HOUR
4.50
0.0
0.21 HOUR
4.50
0-94
EQUIPHENT
ACRE
$~ 6b.J4 5
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
ACRE
$ 199.73 $
BREAK-EVEN PRICE, VARIA BLE COSTS $ 0 . 69/LB. COTTON LIBIT
3. INCOME ABOVE VARIABLE COS TS
ACRE
$ -30.53 $
4. FIXED COSTS
DEPREC,INTEREST,TAXES 5 INSUR.
THACTOR
ACRE
26.15
ACRE
25.12
EQUIPHENT
LAND NET SHARE-RENT
ACRE
19.63
TOTAL FIXED COSTS
ACRE
$ /U. 89 $
5- TOTAL PROJECTED COSTS
ACRE
$ 270.61 $
BREAK-EVEN PRICE, TOTAL COSTS
$ 0 . 96/LB. COTTON LI*IT
6. NET PROJECTED RETURNS
ACRE
$ -101.41 $
LAND CHARGE BASED ON LANDLORD'S SHARE OF 1/4 OF GROSS LESS 1/4 OF
FERTILIZER, INSECTICIDE, AND GINNING. GOVERNMENT PAYMENTS NOT INCLUDED,
PREPARED BY WAYNE D. TAYLOR, TAEX, OVERTON, TEXAS.
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.
953
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/17/82
B-1241 (C20)
COTTON, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
HACHINERY
OPERATION
SHREDDER (4R)
OFFSET DISC
LISTER-BEDDER
RENT FERT APPLI,
ROLLING CULT.
SPRAYER, HERB
ROW DISC
PLANTER
SPRAYER, HERB
ROLLING CULT.
SPRAYER, HERB
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. HONTH OVER HOURS HOURS COSTS COSTS
4,32
3,34
3,60
3,86
3,58
62
4,42
3,48
62
3,58
62
OCT
NOV
NOV
FEB
FEB
FEB
HAR
APR
APR
JUNE
JUNE
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1-20
0.25
3.00
1.00
0.245
0.260
0.227
0.135
0.292
0.0
0.157
0-364
0.0
0.877
0.0
0.186
0.197
0.172
0.103
0.222
0.239
0.119
0.276
0.060
0.665
0.239
1.30
1.94
1.66
0.92
2.15
0.08
0.80
2.88
0.02
6.44
0.08
1.10
1.17
1.02
0.61
1.32
0.0
0.71
1.64
0.0
3.95
0.0
A P P L . H A C H TO TA L
INPUT FIXED OPER.
COSTS COSTS COST
0.0
8.91
0.0
4.92
0.0
3.28
25-60 1.36
0.0
4.44
7.41 1.80
0.0
2.40
8.40 6.18
6.93 0.45
0 . 0 13.32
1.53 1 . 8 0
11.31
8.03
5.96
28.50
7.90
9.29
3.90
19.09
7.39
23.71
3.41
2 . 5 5 9 2 . 4 7 5 1 8 . 2 6 11 . 5 1 4 9 - 8 7 4 8 . 8 6 1 2 8 . 5 1
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
PRICE OF COTTON LINT
(DOLLARS)
0.46
0.51
0.57
0.63
-81.72
-72.83
-63.94
-55.04
-46.15 J
-77.05
-67.05
-57.04
-47.04
-37.04 1
-72.38
-61.27
-50.15
-39.04
-27.92 |
-67.71
-55.49
-43.26
-31.03
-18.81 l
-63.04
-49.71
-36.37
-23.03
-9.69 ]
0.6 8
LB.
QUANTITY OF
COTTON LINT
I
208.00 J
1
234.00
i
260.00 1
1
286.00 1
1
312.00 1
1
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER HANAGEHENT
STRATEGIES.
954
PROJECTIONS FOR PLANNING PURPOSES ONLY rt„
NOT TO BE USED WITHOUT UPDATING AFTER 02/17/82.
B-1241 (C20)
GRAIN SORGHUM, DRYLAND, DEEP EAST TEXAS REGION
1982 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
1. GROSS RECEIPTS
GRAIN SORGHUM
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦GRAIN SORG. SEED
♦NITROGEN
♦PHOSPHORUS
♦POTASSIUM
♦PRE-EMERGE HERB
♦POST-EMERGE HERB
♦INSECTICIDE
INSECT APPL
FUEL 5 LUBE—TRACTOR
EQUIPMENT
R E PA I R S T R A C T O R
EQUIPMENT
LABOR MACHINERY
EQUIPMENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM COMBINE
CUSTOH HAUL
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
PROJECTED
YIELD
UNIT
26.00 CWT.
INPUT USE
8.00
80.00
40.00
40.00
0-75
0.25
0.25
0.25
1.73
0.63
21.42
1.00
26.00
PROJECTED YOUR
TALUE ESTIMATE
4.75
123.50
123-bU $
LB.
LB.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
ACRE
CWT.
ACRE
0.62
0.29
0.27
0.15
4.94
3.00
2.88
3.50
4.50
4.50
0-180
18.00
0.25
ACRE
4.96
23.20
10.80
6.00 '
J. 10
0.75
U. 12
0.«8
9.52
i.t.2
1. /9
1-40 "
7.80
2-aj
$
$
"'
3m HD
18.00
b.bU
24.bU $
$ 104.22 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 4.01/CWT- GRAIN SORGHUH
3.
INCOME
ABOVE
VA R I A B L E
4. FIXED COSTS
DEPREC-,INTEREST,TAXES o INSUR.
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
5. TOTAL PROJECTED COSTS
3REAK-EVEN PRICE, TOTAL COSTS
6- NET PROJECTED RETURNS
COSTS
ACRE
$
19-28
$
ACRE
ACRE
ACRE
ACRE
$"
ACRE
$ 164.12 $
17-68
19.12
23.10
■5?T9T. $'
$ 6.31/CWT. GRAIN SORGHUM
ACRE
$
-40.62
$^
LAND CHARGE BASED ON LANDLORD'S SHARE OF 3055 OF GROSS LESS 3095 OF
FERTILIZER AND HAULING. GOVERNMENT PAYMENTS NOT INCLUDED.
PREPARED BY WAYNE D. TAYLOR, TAEX, OVERTON, TEXAS.
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.