r
TEXAS HIGH PLAINS IV
SOIL RESOURCE AREA 4
Yoakum
r
Gaines
Terry
B-124KC 4)
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM
Z e r l e L . C a r p e n t e r , 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
HIGH PLAINS IV REGION
Projected for 1983
E d u c a t i o n a l p r o g r a m s c o n d u c t e d b y t h e Te x a s A g r i c u l t u r a l E x t e n s i o n S e r v i c e 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
socio-economic level, race, color, sex, religion or national origin.
C o o p e r a t i v e E x t e n s i o n W o r k i n A g r i c u l t u r e a n d H o m o E c o n o m i c s . T h e Te x a s A S M U n i v e r s i t y S y s t e m a n d t h e U n i t e d S t a t e s
Department of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May 6, 1914, as amended,
and June 30, 1914.
160
3-83,
New
ECO
7-2
153 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
COTTON, DRYLAND, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
1. GROSS RECEIPTS
COTTON LINT
COTTONSEED
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
*SD COTTON-UPLAND
♦HERBICIDE
HAIL INSURANCE
♦NITROGEN
♦PHOSPHATE
FERTILIZER APPLI
FUEL & LUBE—TRACTOR
EOUIPMENT
R E PA I R S T R A C T O R
EOUIPMENT
LABOR MACHINERY
EOUIPMENT
OTHER
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
GIN,BAG. TIES
CUSTOM HARV&HAUL
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
230.00
0.19
230.00
YOUR
ESTIMATE
$
110.40
16.78
48.30
175.48 $
5.00
3.50
3.50
0.120
$
6.75
6.00
12.00
4.20
4.20
2.00
9.40
2. 16
2. 10
1.62
7.51
3.43
7.00
3.21
71 .57 $
0.48
90.00
0.21
INPUT USE
15.00
1 .00
80.00
20.00
20.00
1 .00
1 .50
0.98
2.00
26.73
12.60
12.60
TOTAL VARIABLE COSTS
/|P\
LB.
TON
LB.
PROJECTED
$/UNIT
VALUE
LB.
ACRE
DOL.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
CWT.
CWT.
ACRE
0.45
6.00
0. 15
0.21
0.21
2.00
2.25
1 .75
ACRE
$
28.35
22.05
50.40 $
$
121.97 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 0.25/LB. COTTON LINT
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 $ 5 3 . 5 1 $ _
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EOUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
14.73
9.00
36.78
60.52 $
5. TOTAL PROJECTED COSTS
ACRE
$
182.49 $
$ 0 . 51/LB.
COTTON LINT
ACRE
$
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
-7.01 $
LAND (NET RENT) BASED ON 1/4 OF GROSS LESS 1/4 OF GINNING, BAGGING, AND
TIES. PRICE BASED ON LOAN RATE ADJUSTED FOR QUALITY. DEFICIENCY PAYMENT
BASED ON COMPLIANCE WITH GOVT SET ASIDE PROGRAM.
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.
153
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
COTTON. DRYLAND. TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
MACHINERY
OPERATION
SHREDDER 2R
MOLDBOARD 6B
PACKER
TANDEM DISC
HERB SPR/DISC
LISTER-PLNT8R
SAND FIGHTER
CULTIVATOR 8R
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3.56
1.47
53
2,41
61
2.37
5.51
3.34
DEC
FEB
FEB
MAR
MAY
MAY
MAY
JUNE
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
2.00
1.00
0.557
0.378
0.0
0. 146
0.0
0. 114
0. 151
0. 156
0.422
0.286
0.206
0. 110
0. 158
0.086
0. 115
0.118
3.95
4.39
0.03
1.49
0.01
1.14
0.54
1.21
2.79
1.89
0.0
0.73
0.0
0.57
0.76
0.78
1.502
1.502
12.76
7.51
,**3^l\
APPL. MACH
INPUT FIXED
COSTS COSTS
0.0
0.0
0.0
0.0
6.00
6.75
0.0
0.0
5.93
7.42
0.09
TOTAL
OPER.
COST
12.66
13.70
0. 13
4.40
2. 18
0. 16
1.62
1 .08
2.58
6. 17
10.08
2.37
4.57
12.75 2 1 . 0 6
54.08
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)
0.38
0.43
0.48
0.53
0.58
184.00
-14. 18
-7.56
-0.93
5.69
12.31
207.00
-7.01
0.44
7.90
15.35
22.80
230.00
0. 17
8.45
16.73
25.01
33.29
253.00
7.34
16.45
25.56
34.66
43.77
276.00
14.51
24.45
34.39
44.32
54.26
LB.
QUANTITY OF
COTTON LINT
NOTE; NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
154
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
COTTON, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
CATEGORY
GROSS RECEIPTS
COTTON LINT
COTTONSEED
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
PROJECTED
YIELD
UNIT
400.00
0.32
400.00
VARIABLE COSTS
INPUT USE
PREHARVEST COSTS
♦SD COTTON-UPLAND
22.50
♦NITROGEN
40.00
♦PHOSPHATE
30.00
FERTILIZER APPLI
1 .00
♦HERBICIDE
1 .00
HAIL INSURANCE
130.00
IRRIGATION WATER
10.00
FUEL & LUBE—TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR MACHINERY
1.74
IRRIGATION
0.50
EQUIPMENT
1. 12
OTHER
3.00
OPERATING CAPITAL
49.46
SUBTOTAL. PREHARVEST
HARVEST COSTS
24.20
GIN,BAG, TIES
CUSTOM HARV&HAUL
24.20
SUBTOTAL. HARVEST
TOTAL VARIABLE COSTS
PROJECTED YOUR
VALUE ESTIMATE
$/UNIT
LB.
TON
LB.
0.48
90.00
0.21
LB.
LB.
LB.
ACRE
LB.
DOL.
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
HOUR
DOL.
ACRE
0.45
0.21
0.21
2.00
7.00
0. 15
CWT.
CWT.
ACRE
5.00
5.00
3.50
3.50
0.120
$
10. 12
8.40
6.30
2.00
7.00
19.50
$
11 .94
2.47
30.40
2.74
2.23
4.50
8.69
2.50
3.92
10.50
5.94
139.15 $
$
54.45
42.35
96.80 $
$
235.95 $
2.25
1 .75
ACRE
192.00
28.80
84.00
304.80 $
BREAK-EVEN PRICE. VARIABLE COSTS $ 0.31/LB. COTTON LINT
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 $ 6 8 . 8 5 $ _
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
IRRIG.
E Q U I P.
10.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACIN
ACRE
5. TOTAL PROJECTED COSTS
ACRE
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
$
17.62
12.36
47.86
22. 10
99.95 $
$
335.90 $
2.21
$ 0 . 56/LB. COTTON LINT
ACRE
$
-31.10 $
LAND CHARGE BASED ON 1/4 OF GROSS LESS 1/4 OF FERT. GINNING. AND 50% OF
IRRIG FIXED COST. PRICE BASED ON LOAN RATE ADJUSTED FOR QUALITY. DEFICIENCY
PAYMENT BASED ON COMPLIANCE WITH GOVT SET ASIDE PROGRAM.
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.
154
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83.
B-124KC 4)
COTTON. IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
MACHINERY
OPERATION
SHREDDER 4R
TANDEM DISC
MOLDBOARD 6B
PACKER
LISTER 8R
ROLLING CULT
BED PLANTER8R
HERB SPR/DISC
SAND FIGHTER
CULTIVATOR 8R
2,57
2,40
1.47
53
1,55
3,31
2,39
61
5,51
3,34
JAN
JAN
FEB
FEB
APR
MAY
MAY
MAY
MAY
JUNE
1.00
1.00
1.00
1.00
1.00
1.00
1 .50
1.50
1.00
2.00
TOTALS
IRRIGATION
APPLICATION
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.38
1.56
0.0
0.0
0.0
0.0
0.0
0.0
10. 12
7.00
0.0
0.0
3.73
2.64
7.42
0.09
1.70
1.87
3.55
0.23
0.54
5. 15
7.66
5.69
13.70
0.13
3.50
3.80
17. 19
7.26
1.19
9.14
8.69
17. 12 26.92
69.25
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTI- OVER HOURS HOURS COSTS COSTS
0.277
0.208
0.378
0.0
0. 114
0. 146
0.227
0.0
0.076
0.312
0.210
0. 158
0.286
0.206
0.086
0. 111
0. 172
0.237
0.057
0.236
2.55
2.01
4.39
0.03
1.23
1 .738
1 .760
16.51
APPL. ACRE LABOR
MONTH INCHES HOURS
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
APR
JUNE
JULY
TOTALS
1 .20
2.38
0.02
0.27
2.43
1.38
1 .04
1.89
0.0
0.57
0.73
1 . 14
0.0
IRRIG
4.00
3.00
3.00
0.200
0. 150
0. 150
0.0
0.0
0.0
13.96
10.47
10.47
1.00
0.75
0.75
0.0
0.0
0.0
8.84
6.63
6.63
23.80
17.85
17.85
10.00
0.500
0.0
34.90
2.50
0.0
22.10
59.50
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 L I N T
(DOLLARS)
0.38
0.43
0.48
0.53
0.58
320.00
-31.14
-19.62
-8.10
3.42
14.94
360.00
-19.48
-6.52
6.44
19.40
32.36
400.00
-7.81
6.59
20.99
35.39
49.79
440.00
3.85
19.69
35.53
51 .37
67.21
480.00
15.51
32.79
50.07
67.35
84.63
LB.
QUANTITY OF
COTTON LINT
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT. OR OTHER MANAGEMENT
STRATEGIES.
155 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83.
B-124KC 4)
GRAIN SORGHUM, DRYLAND, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
1. GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦GRAIN SORG. SEED
♦NITROGEN
FERTILIZER APPLI
FUEL & LUBE--TRACTOR
EOUIPMENT
R E PA I R S T R A C T O R
EOUIPMENT
LABOR MACHINERY
EQUIPMENT
OPERATING CAPITAL
SUBTOTAL. PREHARVEST
HARVEST COSTS
CUST HARV SORG D
CUSTOM HAUL
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
13.00
13.00
PROJECTED
$/UNIT
VALUE
CWT.
CWT.
4. 19
0.36
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.50
0.21
2.00
YOUR
ESTIMATE
$
54.47
4.68
59. 15 $
$
1.88
4.20
2.00
7.91
1.25
1.77
1.67
5.85
1.98
0.79
29.31 $
$
8.00
3.25
11 .25 $
$
40.56 $
INPUT USE
3.75
20.00
1.00
1. 17
0.57
6.59
1.00
13.00
TOTAL VARIABLE COSTS
ACRE
CWT.
ACRE
5.00
3.50
0. 120
8.00
0.25
ACRE
BREAK-EVEN PRICE. VARIABLE COSTS $ 2.76/CWT. GRAIN SORGHUM
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 8 . 5 9 $
FIXED COSTS
DEPREC..INTEREST.TAXES & INSUR
TRACTOR
EOUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
11.83
8.05
17.06
36.94 $
TOTAL PROJECTED COSTS
ACRE
$
77.50 $
BREAK-EVEN PRICE. TOTAL COSTS
NET PROJECTED RETURNS
$ 5.60/CWT. GRAIN SORGHUM
ACRE
$
-18.35
$
LAND CHARGE BASED ON LANDLORD'S SHARE 33% OF GROSS LESS 33% OF FERT AND
HAULING. PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE. DEFICIENCY
PAYMENT BASED ON COMPLIANCE WITH GOV'T SET ASIDE PROGRAM.
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.
1 5 5 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 02/22/83,
B-1241(C 4)
GRAIN SORGHUM, DRYLAND, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
MACHINERY
OPERATION
TANDEM DISC
MOLDBOARD 6B
PACKER
TANDEM DISC
LISTER-PLNT8R
CULTIVATOR 8R
SAND FIGHTER
MACH
LABOR
ITEM OPER
TIMES LABOR MACHINE OPER
NO. MONTH OVER HOURS HOURS COSTS COSTS
2 , 4 1 MAR
1 . 4 7 MAR
53 MAR
APR
MAY
MAY
2,41
1,37
3,34
5,51
JUNE
TOTALS
1.50
0.75
0.75
1.50
1.25
1 .00
2.00
0. 142
0.156
0. 151
0. 166
0.215
0. 155
0.166
0.108
0 . 11 8
0 . 11 5
2.23
3.29
0.03
2.23
1.62
1.21
0.54
1. 170
1 .041
11 . 1 5
0.219
0.284
0.0
0.219
1.09
1.42
0.0
1.09
0.71
0.78
0.76
5.85
APPL. MACH
INPUT FIXED
COSTS COSTS
0.0
0.0
0.0
0.0
TOTAL
OPER.
COST
3.27
5.56
0.07
3.27
2.50
2.58
1.08
6.60
10.27
1 .88 1 8 . 3 3
37.21
1.88
0.0
0.0
0. 10
6.60
6.71
4.57
2.37
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)
3.35
3.77
4. 19
4.61
5.03
10.40
- 11 . 8 0
-8.88
-5.96
-3.04
-0. 12
11 .70
-8.79
-5.50
-2.22
1 .07
4.35
13.00
-5.77
-2. 12
1.53
5.18
8.83
14.30
-2.75
1.26
5.27
9.29
13.30
15.60
0.26
4.64
9.02
13.40
17.78
CWT.
QUANTITY OF
GRAIN SORGHUM
^%\
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
^ %
156
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
GRAIN SORGHUM, IRRIGATED,TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
CATEGORY
PROJECTED
YIELD
UNIT
GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
35.00
35.00
CWT.
CWT.
PROJECTED
VALUE
$/UNIT
4. 19
0.36
$
VARIABLE COSTS
INPUT USE
PREHARVEST COSTS
♦GRAIN SORG. SEED
6.25
♦NITROGEN
100.00
♦PHOSPHATE
40.00
FERTILIZER APPLI
1.00
INSECTICIDE
1.00
IRRIGATION WATER
10.00
FUEL & LUBE--TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR
MACHINERY
1.17
IRRIGATION
0.50
0.77
EOUIPMENT
25.13
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUST HARV SORG D
1.00
CUSTOM HAUL
35.00
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
LB.
LB.
LB.
ACRE
APPL
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
ACRE
CWT.
ACRE
0.50
0.21
0.21
2.00
4.50
$
3. 13
21.00
8.40
2.00
4.50
5.00
5.00
3.50
0. 120
$
8.00
0.25
ACRE
146.65
12.60
159.25
YOUR
ESTIMATE
8.29
1.70
30.40
1 .87
1 .76
4.50
5.83
2.50
2.69
3.02
101.59
$
$
8.00
8.75
16.75 $
$
11 8 . 3 4 $
/^SSy
BREAK-EVEN PRICE, VARIABLE COSTS $ 3.02/CWT. GRAIN SORGHUM
3.
INCOME
ABOVE
VA R I A B L E
COSTS
FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND
NET
SHARE-RENT
IRRIG.
E Q U I P.
10.00
TO TA L
FIXED
COSTS
5. TOTAL PROJECTED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
ACRE
ACRE
ACRE
ACIN
ACRE
ACRE
ACRE
$
40.91
$.
$
12. 17
8.84
28.91
22. 10
72.01 $
$
190.36 $
2.21
$ 5.08/CWT. GRAIN SORGHUM
ACRE
$
- 3 1 . 11 $
LAND CHARGE BASED ON 33% OF GROSS LESS 33% OF FERT, HAULING AND 50% OF
IRRIG FIXED COST. PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE. DEFICIENCY
PAYMENT BASED ON COMPLIANCE WITH GOVT SET ASIDE PROGRAM.
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.
156
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83.
B-124KC 4)
GRAIN SORGHUM, IRRIGATED,TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
MACH
MACHINERY
OPERATION
TANDEM DISC
MOLDBOARD 6B
PACKER
TANDEM DISC
LISTER 8R
BED PLANTER8R
SAND FIGHTER
CULTIVATOR 8R
LABOR
ITEM OPER TIMES LABOR MACHINE OPER
NO. MONTH OVER HOURS HOURS COSTS COSTS
2,41
1,47
53
2.41
1.55
2,39
5,51
3,34
JAN
FEB
FEB
FEB
MAY
MAY
MAY
JUNE
1.00
0.90
0.90
1.00
1.00
1.25
1.00
1.00
TOTALS
IRRIGATION
APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
0. 146
0.340
0.0
0. 146
0 . 11 4
0.190
0.076
0. 156
1. 167
ACRE
LABOR
APPL.
MONTH INCHES HOURS
APR
JULY
AUG
TOTALS
0 . 11 0
0.258
0. 186
0 . 11 0
0.086
0. 144
0.057
1.49
3.95
0.03
0.73
1.70
0.0
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
2. 18
6.68
0.08
2. 18
1.70
2.96
0.54
2.58
4.40
12.33
0. 11
4.40
3.50
9.01
1 . 19
4.57
0.0
0.0
0.0
0.0
0.0
0. 118
1 .49
1 .23
1.98
0.27
1.21
0.73
0.57
0.95
0.38
0.78
1.070
11 . 6 5
5.83
3.13 18.90
39.51
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
IRRIG
3. 13
0.0
0.0
4.00
3.00
3.00
0.200
0. 150
0. 150
0.0
0.0
0.0
13.96
10.47
10.47
1.00
0.75
0.75
0.0
0.0
0.0
8.84
6.63
6.63
23.80
17.85
17.85
10.00
0.500
0.0
34.90
2.50
0.0
22. 10
59.50
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)
3.35
3.77
4. 19
4.61
5.03
28.00
-23.89
-16.03
-8. 17
-0.31
7.55
31.50
-15.77
-6.93
1.91
10.75
19.60
35.00
-7.66
2. 17
12.00
21.82
31 .65
38.50
0.46
11 . 2 7
22.08
32.89
43.69
42.00
8.58
20.37
32. 16
43.95
55.74
CWT.
QUANTITY OF
GRAIN SORGHUM
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
^"*%
157 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83
B-124KC 4)
WHEAT, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
GROSS RECEIPTS
WHEAT
WHEAT PASTURE
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
PROJECTED
YIELD
UNIT
25.00
200.00
25.00
VARIABLE COSTS
INPUT USE
PREHARVEST COSTS
♦SEED WHEAT
1 .20
♦NITROGEN
80.00
FERTILIZER APPLI
1.00
HAIL INSURANCE
110.00
IRRIGATION WATER
13.00
FUEL & LUBE--TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR MACHINERY
0.86
IRRIGATION
0.65
EQUIPMENT
0.77
OPERATING CAPITAL
47.76
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUST HARV WHEAT
1.00
CUSTOM HAUL
25.00
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
BU.
DAYS
BU.
BU.
LB.
ACRE
DOL.
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
ACRE
BU.
ACRE
PROJECTED
VALUE
S/UNIT
3.28
0.23
0.65
$
7.50
0.21
2.00
0. 15
9.00
16.80
2.00
16.50
$
$
12.50
3.00
15.50 $
$
132.29 $
12.50
0. 12
ACRE
82.00
46.00
16.25
144.25 $
5.85
1.70
39.52
1.45
2. 12
5.85
4.31
3.25
2.69
5.73
116.79 $
5.00
5.00
3.50
0. 120
YOUR
ESTIMATE
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.80/BU. WHEAT
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 $ 11 . 9 6 $ .
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND---NET SHARE-RENT
IRRIG.
E Q U I P.
13.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACIN
ACRE
5. TOTAL PROJECTED COSTS
ACRE
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
2.21
$
8.09
7.28
26.70
28.73
70.80 $
$
203.08 $
$ 5.63/BU. WHEAT
ACRE
$ -58.83 $
LAND CHARGE BASED ON 33% OF GROSS LESS 33% OF FERT, HAULING AND 50%
OF IRRIG FIXED COST. PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE.
DEFICIENCY PAYMENT BASED ON COMPLIANCE WITH GOVT SET ASIDE PROGRAM.
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.
1 5 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 BE USED WITHOUT UPDATING AFTER 02/22/83
B-1241(C 4)
WHEAT, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
MACH
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS
TANDEM DISC
MLBD ROLLOVER
TANDEM DISC
GRAIN DRILL
GRAIN DRILL
2
2
2
3
41
46
41
58
58
JULY
JULY
AUG
SEPT
SEPT
1
0
2
0
0
00
50
00
50
50
146
285
292
140
0
0.863
TOTALS
IRRIGATION
APPLICATION
0
0
0
0
0
APPL.
ACRE LABOR
MONTH INCHES HOURS
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
AUG
OCT
DEC
APR
TOTALS
4
3
3
3
00
00
00
00
0
0
0
0
200
150
150
150
0
0
0
0
0
110
216
221
106
106
1
3
2
1
0
49
14
97
24
30
0
1
1
0
0
73
43
46
70
0
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
0
0
0
9
0
0
0
0
00
0
2
3
4
2
0
18
97
36
02
72
4
8
8
12
1
4.31
9 . 0 0 13.26
35.73
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
0.760
0.0
0.0
0.0
0.0
13.00 0.650 0.0
9.15
13
10
10
10
96
47
47
47
1
0
0
0
00
75
75
75
0.0
0.0
0.0
0.0
8
6
6
6
.84
63
63
63
23
17
17
17
INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT
PRICE OF WHEAT
(DOLLARS)
QUANTITY OF
WHEAT
80
85
85
85
45.37 3.25 0.0 28.73 77.35
RESIDUAL RETURNS"AT ALTERNATIVE YIELDS AND PRICES
ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT
2.62
2.95
3.28
3.61
3.94
20.00
-36.29
-31.90
-27.50
- 2 3 . 11
-18.71
22.50
-31.01
-26.07
-21 . 12
-16.18
- 11 . 2 3
25.00
-25.73
-20.23
-14.74
-9.25
-3.75
27.50
-20.45
-14.40
-8.36
-2.32
3.73
30.00
-15.16
-8.57
-1 .98
4.62
11 .21
BU.
40
55
80
96
02
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
158 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83.
J ^
B-1241(C 4)
WHEAT. DRYLAND, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
1. GROSS RECEIPTS
WHEAT
WHEAT PASTURE
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦SEED WHEAT
HAIL INSURANCE
FUEL & LUBE--TRACTOR
EQUIPMENT
R E PA I R S T R A C T O R
EQUIPMENT
LABOR MACHINERY
EOUIPMENT
OPERATING CAPITAL
SUBTOTAL. PREHARVEST
HARVEST COSTS
CUST HARV WHEAT
CUSTOM HAUL
SUBTOTAL. HARVEST
PROJECTED
YIELD
UNIT
12.00
90.00
12.00
BU.
DAYS
BU.
PROJECTED
VALUE
$/UNIT
3.28
0.23
0.65
YOUR
ESTIMATE
$
39.36
20.70
7.80
67.86 $
$
3.75
3.00
2.81
1.54
0.69
1.27
2.16
2.45
0.30
17.98 $
$
12.50
1 .44
13.94 $
$
31 .92 $
INPUT USE
0.50
20.00
0.43
0.70
2.52
1.00
12.00
TOTAL VARIABLE COSTS
BU.
DOL.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
ACRE
BU.
ACRE
7.50
0. 15
5.00
3.50
0. 120
12.50
0. 12
ACRE
BREAK-EVEN PRICE. VARIABLE COSTS $ 0.28/BU. WHEAT
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 $ 3 5 . 9 4 $ _
/f^\
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
4.04
4.98
21 .92
30.93 $
5. TOTAL PROJECTED COSTS
ACRE
$
62.85 $
$ 2 . 86/BU.
WHEAT
ACRE
$
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
5.01 $
LAND CHARGE BASED ON LANDLORD'S SHARE 33% OF GROSS LESS 33% OF HAULING.
PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE. DEFICIENCY PAYMENT
BASED ON COMPLIANCE WITH GOV'T SET ASIDE PROGRAM.
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.
/rtP^v
1 5 8 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 02/22/83
B-124KC 4)
WHEAT, DRYLAND, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
MACHINERY
• OPERATION
TANDEM DISC
TANDEM DISC
GRAIN DRILL
GRAIN DRILL
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
2.41
2.41
3.58
58
JULY
AUG
SEPT
SEPT
TOTALS
1 .00
1 .00
0.50
0.50
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0. 146
0.146
0. 140
0.0
0. 110
0. 110
0. 106
0.106
1.49
1 .49
1.24
0.30
0.73
0.73
0.70
0.0
0.0
0.0
3.75
0.0
2.18
2. 18
2.02
0.72
4.40
4.40
7.71
1.02
0.432
0.433
4.52
2.16
3.75
7. 10
17.53
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 WHEAT
(DOLLARS)
2.62
2.95
3.28
3.61
3.94
9.60
3.68
5.79
7.90
10.01
12. 12
10.80
6.21
8.59
10.96
13.34
15.71
12.00
8.75
11 .39
14.02
16.66
19.30
13.20
11.29
14. 19
17.09
19.99
22.89
14.40
13.82
16.99
20.15
23.32
26.48
BU.
QUANTITY OF
WHEAT
151 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
ALFALFA ESTAB.. IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
CATEGORY
1. GROSS RECEIPTS
TOTAL PROJECTED RETURNS
PROJECTED
YIELD UNIT
2 . VA R I A B L E C O S T S I N P U T U S E
PREHARVEST COSTS
♦ALFALFA SEED
22.00
♦NITROGEN
20.00
♦PHOSPHATE
100.00
FERTILIZER APPLI
1.00
IRRIGATION WATER
17.00
FUEL & LUBE--TRACTOR
EOUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR
MACHINERY
0.92
I R R I G AT I O N 0 . 8 5
EOUIPMENT 0.42
O P E R AT I N G C A P I TA L 5 1 . 3 1
SUBTOTAL. PREHARVEST
HARVEST COSTS
SUBTOTAL, HARVEST
$
LB.
LB.
LB.
ACRE
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
1 .70
0.21
0.21
2.00
YOUR
ESTIMATE
0.0 $
37.40
4.20
21 .00
2.00
35
93
51 .68
1 .61
23
65
5.00
60
5.00
25
3.50
1 .47
O. 120
6. 16
$ 151.52 $
ACRE
$
ACRE
$ 151.52 $.
3. INCOME ABOVE VARIABLE COSTS
ACRE
$ -151.52 $
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1.00
IRR
EQUIP
(50%)
17.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACIN
ACRE
8.63
5.95
60.00
18.78
93.37 $
5. TOTAL PROJECTED COSTS
ACRE
$ 244.89 $_
6. NET PROJECTED RETURNS
ACRE
$ -244.89 $
TOTAL VARIABLE COSTS
/ ^ \
PROJECTED
$ / U N I T VA L U E
60.00
1 . 10
$
0.0 $
LAND CHARGE BASED ON $60/ACRE LESS 50 PCT. OF IRRIG. FIXED COSTS
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.
gm\
151
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83
B-124KC 4)
ALFALFA ESTAB., IRRIGATED. TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
,^Ul"sH|L
MACH
APPL.
MACH
TO TA L
M A C H I N E RY I T E M O P E R T I M E S L A B O R M A C H I N E O P E R L A B O R I N P U T F I X E D O P E R .
O P E R AT I O N N O . M O N T H O V E R H O U R S H O U R S C O S T S C O S T S C O S T S C O S T S C O S T
MLBD ROLLOVER
PACKER
TANDEM DISC
GRAIN DRILL
GRAIN DRILL
2,, 4 6
53
2 .40
2 ,58
58
JUNE
JUNE
AUG
AUG
AUG
1.00
1.00
1.00
0.50
0.50
TOTALS
IRRIGATION
APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
TOTALS
0.571
0.0
0.208
0.140
0.0
0.
0.
0.
0.
0.
432
206
158
106
106
6.29
0.03
2.01
1.41
0.30
2.85
0.0
1.04
0.70
0.0
0.0
0.0
0.0
37.40
0.0
7.95
0.09
2.64
2.03
0.72
17 . 0 9
0 .13
5 .69
41 .54
1.02
0.919
1 .009
10.04
4.60
37.40 13.43
65.47
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
7 ..73
5 ..52
5 ..52
3 3 .91
2 4 ,. 2 2
2 4 ,. 2 2
18.78
82.36
APPL.
ACRE LABOR
MONTH INCHES HOURS
AUG
SEPT
NOV
7 .00
5 .00
5 .00
0 .. 3 5 0
0 .. 2 5 0
0 .. 2 5 0
0.0
0.0
0.0
17.00 0.850 0.0
2 4 ,.43
17..45
17..45
1.75
1.25
1.25
59.33
4.25
0.0
0.0
0.0
0.0
>**>%
**B%K
152
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83. B-1241(C 4)
ALFALFA. IRRIGATED. TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
C AT E G O RY
PROJECTED
YIELD
UNIT
1. GROSS RECEIPTS
ALFALFA
H AY
TOTAL PROJECTED RETURNS
5.00
2. V A R I A B L E C O S T S I N P U T U S E
PREHARVEST COSTS
♦ P H O S P H AT E
100.00
FERTILIZER
APPLI
1.00
I R R I G AT I O N WAT E R 3 4 . 0 0
FUEL & LUBE—TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR
MACHINERY
0.0
I R R I G AT I O N 1 . 7 0
EQUIPMENT 0.49
O P E R AT I N G C A P I TA L 4 1 . 4 7
SUBTOTAL. PREHARVEST
HARVEST COSTS
SUBTOTAL. HARVEST
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE. VARIABLE COSTS
TON
50.00
LB.
ACRE
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
0.21
2.00
5.00
5.00
3.50
0. 120
$
ACRE
$
ACRE
$
ACRE
4. FIXED COSTS
DEPREC..INTEREST.TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1.00
IRR
EQUIP
(50%)
34.00
P R O R AT E D E S TA B L . 2 4 4 . 8 9
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACIN
DOL.
ACRE
5. TOTAL PROJECTED COSTS
ACRE
NET PROJECTED RETURNS
$
YOUR
ESTIMATE
250.00
250.00 $
21 .00
2.00
0.0
1 .08
103.36
0.0
0. 18
15.30
0.0
8.50
1 .71
4.98
158.11 $
0.0
$
158.11 $
$ 31 . 62/TON AL FALFA HtIY
3. INCOME ABOVE VARIABLE COSTS
BREAK-EVEN PRICE. TOTAL COSTS
PROJECTED
$/UNIT
VALUE
$
91 .89 $
$
0.0
1.34
60.00
37.57
34.98
133.89 $
$
292.00 $
60.00
1.10
0.14
$ 58.40/TON ALFALFA HAY
ACRE
$
-42.00
$
LAND CHARGE BASED ON $60/ACRE LESS 50 PCT. OF IRRIG. FIXED COSTS.
ESTABLISHMENT COST PRORATED OVER 7 YEARS. CROP SOLD STANDING IN FIELD.
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.
/#P»\
152
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 02/22/83.
B-124KC 4)
ALFALFA. IRRIGATED, TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
MACHINERY
OPERATION
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
TOTALS
IRRIGATION
APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
0.0
APPL. ACRE LABOR
MONTH INCHES HOURS
DEC
MAR
APR
MAY
JUNE
JULY
AUG
SEPT
TOTALS
2.00
2.00
2.00
4.00
6.00
6.00
6.00
6.00
34.00
0
0
0
0
0
0
0
0
0.0
0.0
0.0
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
100
100
100
200
300
300
300
300
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.98
6.98
6.98
13.96
20.94
20.94
20.94
20.94
1 700
0.0
118.66
APPL. MACH
INPUT FIXED
COSTS COSTS
0
0
0
1
1
1
1
1
0.0
0.0
APPL. IRRIG
INPUT FIXED
COSTS COSTS
50
50
50
00
50
50
50
50
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
8 50
0.0
TOTAL
OPER.
COST
2
2
2
4
6
6
6
6
21
21
21
42
63
63
63
63
0.0
TOTAL
IRRIG
COSTS
9
9
9
19
29
29
29
29
37 57 164 73
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 ALFALFA HAY
(DOLLARS)
40.00
45.00
50.00
55.00
60.00
4.00
1 .89
21.89
41.89
61 .89
81 .89
4.50
21 .89
44.39
66.89
89.39
111 .89
5.00
41 .89
66.89
91.89
116.89
141 .89
5.50
61 89
89.39
116.89
144.39
171 .89
6.00
81 89
111.89
141.89
171.89
201 89
TON
QUANTITY OF
ALFALFA HAY
69
69
69
38
07
07
07
07
LISTING OF THE NAME SET AND PRICE VECTOR REGION NUMBER: 4 DATE: 022283
CODIi ITEM NAME
fV ^ - 68
13
14
17
70
71
73
76
81
90
93
94
103
107
146
153
170
177
179
181
186
188
211
215
/1^5S\2 1 o
C 219
269
270
274
275
291
330
392
393
395
396
397
409
ino
441
45i
462
465
466
485
509
5H
516
STOCKER STEERS
FEEDER STEERS
STEER CALVES
HEIFER CALVES
CULL COWS
DEFICIENCY PMT.
DEFICIENCY PMT.
GRAIN SORGHUM
WHEAT
ALFALFA HAY
DEFICIENCY PMT.
COTTON LINT
COTTONSEED
SALT 6 MIN.
COTTONSEED CAKE
DEATH LOSS
PASTURE RENT
HAY
RANGE IMPROVEMEN
WHEAT PASTURE
SEED WHEAT
GRAIN SORG. SEED
ALFALFA SEED
NITROGEN
PHOSPHATE
INSECTICIDE
HERBICIDE
CUST HARV WHEAT
CUST HARV SORG D
CUSTOM HAUL
CUSTOM HARV&HAUL
SD COTTON-UPLAND
FERTILIZER APPLI
MARKETING
MISC EXPENSE
FENCE REPAIR
WATER FACIL REPR
BARN REPAIR
VET & PROCESSING
VET MEDICINE
GIN,BAG, TIES
HAIL INSURANCE
PRORATED ESTABL.
IRRIG. EQUIP.
IRR EQUIP (50%)
HAULING & MKTG.
HERBICIDE
CUSTOM HAUL
CUSTOM HAUL
HEAD 6 = BALE
BU. 7 = ACRE
TON 8 « HOUR
u = D O Z . 9 = D AY S
5 = GAL. 10 = AUM
i=
NMOD
WHET
SORG
COTT
LIVE
LIVE
LIVE
7 YR
CPIV
CPIV
STOC
COTT
WHET
SORG
11
12
13
14
UNIT
PRICE
CWT.
CWT.
CWT.
CWT.
CWT.
BU.
CWT.
CWT.
BU.
TON
LB.
LB.
TON
LB.
LB.
DOL.
ACRE
BALE
ACRE
DAYS
BU.
LB.
LB.
LB.
LB.
APPL
LB.
ACRE
ACRE
CWT.
CWT.
LB.
ACRE
DOL.
DOL.
HEAD
HEAD
HEAD
DOL.
DOL.
CWT.
DOL.
DOL.
ACIN
ACIN
CWT.
ACRE
BU.
CWT.
64.75
62.50
67.50
60.75
36.50
0.65
O.36
4.19
3.28
50.00
0.21
0.48
90.00
0.07
0.10
259.00
2.25
2.00
0.64
0.23
7.50
0.50
1.70
0.21
0.21
4.50
7.00
12.50
8.00
0.25
1.75
0.45
2.00
1.00
1.00
2.70
1.30
1.55
1.00
1.00
2.25
0.15
0.14
2.21
1.10
0.75
6.00
0.12
0.25
=
=
=
=
ACIN
LB.
PINT
QT.
15
16
17
18
=
=
=
=
CODE ITEM NAME
CE
NMOD U M I T P R
*
*
'
'
DOL. 19
CWT. 20
OZ. 21
MILE 22
=
=
=
=
FEET
APPL
SQFT
LBGN
23
24
25
26
= CRTN
= CRAT
= BAGS
= TREE
27
28
29
30
=
=
=
=
Ei\CH
Gl»M
KltfH
M(: f
TABLE . DEFAULT PARAMETER VALUES AND DEFINITIONS
R E G I O N : 4 D AT E : 0 2 2 2 8 3
R O W PA R A M E T E R D E F I N I T I O N D E FA U LT VA L U E
1. PRICE PER GALLON OF GASOLINE 1.0500
2 . P R I C E P E R G A L L O N O F L . P. G A S 0 . 6 5 0 0
3. PRICE PER GALLON OF DIESEL 1.1000
4. PRICE PER KILOWATT HOUR OF ELECTRICITY 0.0400
5. PRICE PER 1000 CU. FT. OF NATURAL GAS 0.0
6.
NOMINAL
INTEREST
R AT E
0.1200
7. MACHINERY INSUR. RATE (AVERAGE INVESTMENT) 0.0100
8. MACHINERY TAX RATE (PURCHASE VALUE) 0.0050
9.
I R R I G AT I O N
SYSTEM
NUMBER
1.
1 0 . H O U R LY M A C H I N E RY WA G E R AT E 5 - 0 0
11 . H O U R LY O T H E R L A B O R WA G E R AT E 3 . 5 0
1 2 . H O U R LY I R R I G . / L I V E S T O C K WA G E R AT E 5 . 0 0
13. DEATH LOSS (PERCENT OF TOTAL RECEIPTS) 0.0
14. LIVESTOCK INSUR. RATE (AVERAGE INVESTMENT) 0.0100
15. EQUIPMENT INSUR. RATE (AVERAGE INVESTMENT) 0.0100
16. LIVESTOCK TAX RATE (AVERAGE VALUE) 0.0050
17. EQUIPMENT TAX RATE (AVERAGE VALUE) 0.0050
18. IRRIGATION LABOR MULTIPLIER (HRS/ACIN) 0.0500
19. FACTOR TO CONVERT MACHINE HRS TO TRACTOR HRS 1.1000
20. FACTOR TO CONVERT TRACTOR HRS TO LABOR HRS 1.2000
21. FACTOR TO CONVERT SELF-POWERED MACHINERY HRS
TO
LABOR
HRS
1.2500
22. LUBRICATION COST MULTIPLE OF MACHINERY
FUEL
COSTS
23.
I N F L AT I O N
R AT E
24. LUBRICATION COST MULTIPLE OF EQUIPMENT
FUEL
COSTS
0.1000
0.0
0.0500
LISTING OF ECONOMIC AND ENGINEERING DATA FOR MACHINERY IN REGION
1
2
COOE W I D T H
NO.
(FT)
TRACTOR
TRACTOR
TRACTOR
TRACTOR
TRACTOR
TRACTOR 4 WH [
ROLLING CULT
CULTIVATOR 8R
LISTER-PLNT8R
BEO PLANTER8R
TANDEM DISC
TANDEM DISC
MLBO ROLLOVER
MOLDBOARD SB
SAND FIGHTER
PACKER
LISTER 8R
SHREDDER 2R
SHREDOBR 4R
GRAIN DRILL
HERB SPR/OISC
1.
2.
3.
4.
S.
6.
31 .
34 .
37.
39 .
40.
41 .
46.
47 .
51 .
53.
SS.
56.
57.
SS.
61 .
150.0
125 .0
100.0
75 .0
40.0
225.0
26. 6
26. 6
26.6
26. 6
14.0
20.0
6 . 3
S.O
22.5
6 . 3
26. 6
6 . 6
13.3
13.S
14.O
3
LIST
PRICE
44350.
39550.
32600.
2 1IOO.
12 100.
68000.
45O0.
S200.
S250.
4500.
4500.
7SOO.
B500.
5000.
1000.
550.
2500.
1200.
3500.
4400.
650.
4
SPEEO
(MPH)
4
4
4
4
4
4
3
3
4
4
4
4
4
4
8
6
4
3
3
4
4
. 5
.S
. 5
.S
.5
. 5
. 5
. 5
. 5
. 5
. 5
.E
.S
. 5
. 0
. 0
. 6
. 7
. 7
. 0
. 5
5
FIELO
E F F.
0.88
0.88
0.88
0.88
0. 88
0.88
0. 80
0. 75
0 . 8 0
0. 60
0.83
0 . 8 3
0. 80
0 . 8 0
0 . 8 0
0.80
0.80
0 . 8 0
0. 80
0 . 7 2
0 . 6 3
6
RC1
1 .20
1 .20
1 .20
1 .20
1 .20
1 . 20
1 .OO
1 .OO
1 .00
0. 80
0. 85
0. 65
1 .00
1 .00
1 .00
0 . 8 0
1 .00
0. 60
0. 60
0.75
0. 65
7
ACE
(HRS)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
8
RC3
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
.60
. 60
. 60
. 60
. 60
. 60
. 80
. 80
.80
. 60
.80
.80
.30
.30
.80
.80
.80
.80
.80
.60
.60
D AT E : 0 2 2 2 8 3
9
ANNUA
HRS
500
600
SOO
300
300
600
200
100
150
100
200
200
200
100
100
200
ISO
125
12S
120
100
RFV1 RFV2
0
0
0
0
0
0
0
0
0
0
0
o
0
0
0
0
0
0
0
0
0
68
68
66
88
68
68
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
O
0
0
O
0
0
O
0
0
0
0
O
0
0
0
0
0
0
0
0
o
9 2
92
9 2
9 2
9 2
9 2
8 8
8 8
8 8
8 8
8 8
8 8
8 8
88
8 8
8 8
8 8
8 8
8 8
88
8 8
13
14
IS
PURCH FUEL LIFE
PRICE TVPE (HRS)
40100
35600
29340
18990
10890
S9400
4 SOO
4700
4750
4050
42S0
7200
5900
4500
900
460
2200
1 100
3300
4000
SOO
12000.
12000.
12O00.
12000.
12000.
12000.
2000.
2OO0.
2000.
1200.
2000.
2000.
2OO0.
2000.
7SO.
2000.
2000.
2000.
2000.
lOOO.
2000.
1S0
125
IOO
7 5
4 0
22S
O
o
0
o
0
0
0
0
0
0
o
0
0
30
0
B-124KL 4)
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM
Z e r l e L . C a r p e n t e r . O i r a c t o r . C o l l e g e S t a t i o n , Te x a s
/#^V
TEXAS ENTERPRISE BUDGETS
TEXAS HIGH PLAINS IV REGION
Projected for 1983
E d u c a t i o n a l p r o g r a m s c o n d u c t e d b y t h e Te x a s A g r i c u l t u r a l E x t e n s i o n S e r v i c e 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
socio-economic level, race, color, sex, religion or national origin.
C o o p e r a t i v e E x t e n s i o n W o r k i n A g r i c u l t u r e a n d H o m e E c o n o m i c s , T n e Te x a s A S M U n i v e r s i t y S y s t e m a n d t h e U n i t e d S t a t e s
Department of Agriculture cooperating. Distributed in furtherance of tne Acts of Congress of May 8, 1914. as amended,
and June 30, 1914.
ISO
3-83.
New
ECO
7-2
191 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/06/83
B-1241(L 4)
COW-CALF BUDGET TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER HEAD
300 COW HERD. JAN-FEB-MAR CALVING
INVESTMENT REOUIREMEENTS
PROJECTED
YOUR
NUMBER UNIT
SIZE
$/UNIT
VALUE ESTIMATE
BEEF COW RAISED
1..00 HEAD
1 .00
475.00
475.00
BEEF BULL PURCH.
0..04 HEAD
1 .00
873.44
34.94
BEEF HEIFER RAI.
1 .00
0.. 13 HEAD
400.00
50.00
HORSE
1 .00
0..01 HEAD
424.12
4.24
TOTAL LIVESTOCK INVESTMENT
$ 564.18 $
PRODUCTION
NUMBER
STEER CALVES
0..43
HEIFER CALVES
0..31
CULL COWS
0 . 11
TOTAL PROJECTED RETURNS
WGT. TOTAL
EACH UNITS UNIT
5.. 0 0
2 . 1 CWT.
4., 5 0
1 . 4 CWT.
9.. 0 0
1 . 0 CWT.
PROJECTED
RETURN
$/UNIT
67.50
145.12
60.75
84.75
36.50
36. 13
$ 266.01 $
OPERATING INPUTS
COTTONSEED CAKE
HAY
VET MEDICINE
RANGE IMPROVEMEN
SALT & MIN.
MISC EXPENSE
MARKETING
FENCE REPAIR
WATER FACIL REPR
BARN REPAIR
EOUIPMENT FUEL AND LUBE
EOUIPMENT REPAIR
INPUT USE
150.00
4.00
1 .00
18.00
30.00
3.00
5.00
1 .00
1 .00
1 .00
PROJECTED
COST
S/UNIT
0.10
15.00
2.00
8.00
1 .00
1.00
11 .52
0.64
UNIT
LB.
BALE
DOL.
ACRE
LB.
DOL.
DOL.
HEAD
HEAD
HEAD
0.07
1 .00
1 .00
2.70
1 .30
1 .55
TOTAL OPERATING COST
RESIDUAL RETURNS TO LAND, LABOR, CAPITAL, OWNERSHIP,
MANAGEMENT, AND PROFIT
CAPITAL INVESTMENT
ANNUAL OPERATING CAPITAL
EOUIPMENT INVESTMENT
LIVESTOCK INVESTMENT
TOTAL CAPITAL COST
UNIT
QUANTITY
INVESTED
10.22 DOL,
62.36 DOL.
564.18 DOL
RESIDUAL RETURNS TO LAND, LABOR,
AND PROFIT
OWNERSHIP COSTS (DEPRECIATION, TAXES. AND INSURANCE)
EOUIPMENT
LIVESTOCK
TOTAL OWNERSHIP COST
LABOR USE
OPERATOR LABOR COSTS
1 .46
6 .40
EOUIPMENT
LIVESTOCK
TOTAL LABOR COST
AND PROFIT
UNIT
HOUR
HOUR
RESIDUAL RETURNS TO LAND, MANAGEMENT. AND PROFIT
LAND
COSTS
INPUT
USE
$
1 .55
3.09
0.89
55.15 $
$
210.86 $
RATE OF PROJECTED
RETURN
COST
0. 140
1 .43
0. 140
8.73
0. 140
78.98
$
89.15 $
OWNERSHIP, MANAGEMENT,
RESIDUAL RETURNS TO LAND, LABOR, MANAGEMENT,
2. 10
3.00
5.00
2.70
1.30
RATE OF
RETURN
3.50
3.50
$
121.72 $
PROJECTED
COST
10.95
14.34
$
25.29 $
$
96.43 $
PROJECTED
COST
5. 12
22.40
$
27.52
$
68.90 $
UNIT
RATE OF PROJECTED
RETURN COST
2.25
56.25
PASTURE RENT
25.00
ACRE
56.25 $
TOTAL LAND COST
$
12.65 $
RESIDUAL RETURNS TO MANAGEMENT AND PROFIT
$
TOTAL PROJECTED COST OF PRODUCTION
$ 253.35 $
NATIVE RANGE, NO CREEP FEED, 86% CALF CROP. 12% REPLACEMENT RATE,
1% DEATH LOSS ON COWS, STOCKING RATE 25 ACRES/COW, 12 SECTION RANCH,
INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS NOT INTENDED TO RECOGNIZE OR PREDICT
THE COSTS ANO RETURNS FROM ANY ONE PARTICULAR FARM OR RANCH OPERATION. THESE PROJECTIONS WERE COLLECTED
AND OEVELOPED BY STAFF MEMBERS OF THE TEXAS AGRICULTURAL EXTENSION SERVICE ANO APPROVED FOR PUBLICATION.
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/06/83.
COW-CALF BUDGET TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS ANO RETURNS PER HEAD
300 COW HERO. JAN-FEB-MAR CALVING
4
APR
5
MAY
6
JUN
2.32
2.47
2.66
3.69
O o
0 12
0 .55
0 .0
0.0
O. 1 2 0 . 1 2
0.55 O.SO
0.0
0. 12
0.50
0.0
0.12
0.5O
0.0
O. 12
• 0.65
o .67
0 67
0. 62
0. 62
0.77
1
JAN
3
FEB
AVER. ANNUAL CAPITAL
1 .36
2.15
LABOR REQUIREMENTS
MACHINERY LABOR
EOUIPMENT LABOR
LIVESTOCK LABOR
TOTAL LABOR
3
MAR
0.62
7
JUL
8
AUG
0.77
1C
OCT
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS a EOUIPMENT
PICKUP TRUCK
BEEF COW RAISED
BEEF BULL PURCH.
BEEF HEIFER RAI.
HORSE
CODE
1
2
3
4
5
6
10
51
54
55
95
DEPR
40
280
50
250
45
125
1057
O
134
0
50
OO
OO
OO
OO
OO
OO
14
O
37
O
25
INT .
30.SO
216.60
38.50
192.50
34.65
183.75
866.00
66.50
122.26
SS.00
59 .38
INS.
TAX
2.20
15.40
2. 75
13.75
2.48
13. 13
63.29
4.75
8.73
4.00
4.24
1 . 10
7.70
1 .37
6.87
1 .24
6.56
31 .64
2.37
4.37
2.00
2.12
REPAIR
12
DEC
0 . 05
0.09
0.57
TOTAL
10.22
O.O
0.12
O.SO
0.0
0 12
0.50
0 0
0 12
0 50
0.0
0. 12
O.SO
0.0
0.12
O.SO
TOTAL
- O.O
1 .46
6. 40
0. 62
0.62
0 62
0.62
0. 62
7.86
EOUIPMENT FIXED AND VARIABLE COSTS PER YEAR
EOUIPMENT
11
NOV
2 68
(DOLLARS
3.73
4.00 •
(HOURS)
0.0
0. 12
0. 65
i
SEP
HOURS
LABOR
ALLOC
0.0
74 . 10
2.00
0.67
0.0
618.70
1 1 .20
0. 67
0.0
92. 62
2.00
0. 67
0.0
463.12
12.SO
0.67
4. SO
O. 67
0.0
83.36
0.0
328.44
6. 26
3 .OO
7 3 . 5 0 Z038.07 1 7 9 5 . S O 7 0 0 . 0 0
0.0
73. 62
0.0
O.O
O.O
269.76
O.O
O.O
0.0
0.0
0.0
62. OO
O.O
O.O
O.O
1 15.99
0.010
O.OIO
0.010
0.010
0.010
0.010
0.002
I .OOO
O.O40
0. 125
0.010
FUEL
0.0
2. OO
1 1 .20
0.0
2.00
0.0
12.50
0.0
4 .SO
0.0
6.25
0.0
2S2.00 1470.00
O.O
O.O
O.O
O.O
O.O
0.0
O.O
0.0
LUB
TOTAL
OWN.
TOTAL
OPER.
(.*>
SELECTED EOUIPMENT COMPLEMENT INFORMATION
EOUIPMENT
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS 6 EOUIPMENT
PICKUP TRUCK
BEEF COW RAISED
BEEF BULL PURCH.
BEEF HEIFER RAI.
HORSE
12346
6
78
9
10
C O D E S I 2 E U N I T T Y P E L I S T P U R C H L I F E S A LV. R E PA I R F U E L
NO.
PRICE
PRICE
(YRS)
(XLP)
(%LP)
USE
FEET
FEET
FEET
GAL .
DOL .
FEET
TON
HEAD
HEAO
HEAD
HEAD
2
2
2
2
2
2
2
1
1
1
1
400.
28O0.
SOO.
1250.
450.
2500.
10500.
47S.
1075.
400.
600.
400.
2600.
800.
2500.
490.
2500.
9500.
476 .
1075 .
400.
600.
lO.
10.
10.
10.
10.
20.
7.
8.
4.
10.
8.
0
0
0
0
0
0
0
1
0
1
0
o
0
0
0
0
0
20
00
so
00
33
0.17 1400.0
ANNUAL ANNUAL XXXXXX XXXXXX
LABOR USE
0.7
0.7
0.7
0.7
3.0
7OO.0
0.0
0.0
0.0
0.0
O.O
O.O
0.0
0.0
0.0
0.0
0.0
0.0
O.O
O.O
0.0
0.0
O.O
O.O
0.0
0.0
0.0
0.0
0.0
0.0
O.O
O.O
O.O
0.0
0.0
0.0
0.0
0.0
1.00
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
O.O
1 9 2 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 01/06/83.
B-1241U 4)
STOCKER CALF BUDGET TEXAS HIGH PLAINS IV REGION
1983 PROJECTED COSTS AND RETURNS PER HEAD
PURCHASE NOV 1, SELL MARCH 10
INVESTMENT REOUIREME:nts
PROJECTED
YOUR
VALUE ESTIMATE
$/UNIT
424.12
0.42
$
0.42 $
NUMBER UNIT SIZE
HORSE
0. 0 0 H E A D 1 .00
TOTAL LIVESTOCK INVESTMENT
PRODUCTION
NUMBER
FEEDER STEERS
1.00
TOTAL PROJECTED RETURNS
W G T. TO TA L
EACH UNITS UNIT
6.00
6 . 0 CWT.
PROJECTED
RETURN
$/UNIT
62.50
375.00
$ 375.00
OPERATING INPUTS
STOCKER STEERS
DEATH LOSS
WHEAT PASTURE
HAY
VET & PROCESSING
SALT & MIN.
MISC EXPENSE
HAULING & MKTG.
FENCE REPAIR
INPUT USE
4.00
0.03
130.00
4.00
5.00
8.00
4.00
6.00
1.00
PROJECTED
$/UNIT
COST
64.75
259.00
259.00
7.77
0.23
29.90
2.00
8.00
1.00
5.00
0.07
0.56
1 .00
4.00
0.75
4.50
2.70
2.70
1 .54
0.28
$ 323.25 $
UNIT
CWT.
DOL.
DAYS
BALE
DOL.
LB.
DOL.
CWT.
HEAD
EOUIPMENT FUEL AND LUBE
EOUIPMENT REPAIR
TOTAL OPERATING COST
RESIDUAL RETURNS TO LAND. LABOR, CAPITAL, OWNERSHIP,
MANAGEMENT, AND PROFIT
CAPITAL INVESTMENT
ANNUAL OPERATING CAPITAL
EOUIPMENT INVESTMENT
LIVESTOCK INVESTMENT
TOTAL CAPITAL COST
QUANTITY
INVESTED
95.99
9.71
0.42
UNIT
DOL.
DOL.
DOL.
RATE OF
RETURN
0. 140
0. 140
0. 140
«
RESIDUAL RETURNS TO LAND, LABOR, OWNERSHIP. MANAGEMENT,
AND PROFIT
OWNERSHIP COSTS (DEPRECIATION, TAXES. AND INSURANCE)
EQUIPMENT
LIVESTOCK
TOTAL OWNERSHIP COST
$
O P E R AT O R * L A B O R C O S T S L A B O R U S E U N I T
0.70
1 .50
HOUR
HOUR
51.75 $
PROJECTED
COST
13.44
1 .36
0.06
$
14.86 $
$
36.89 $
PROJECTED
COST
1 .82 _
0.06 _
$ 1 .87 $
RESIDUAL RETURNS TO LAND. LABOR, MANAGEMENT, AND PROFIT $
EQUIPMENT
LIVESTOCK
TOTAL LABOR COST
$
35.01 $
RATE OF PROJECTED
RETURN COST
3.50
2.46
3.50
5.25
$
7.71 $
RESIDUAL RETURNS TO LAND. MANAGEMENT. AND PROFIT
$
2 7 .30 $
RESIDUAL RETURNS TO MANAGEMENT AND PROFIT
$
2 7 .30 $
TOTAL PROJECTED COST OF PRODUCTION
$
347 . 7 0 $
PRIMARILY GRAZING OF WHEAT PASTURE. STOCKING RATE OF 1 HEAD/ACRE.
130 DAYS GRAZING, 3% DEATH LOSS, HIGH GOOD GRADE.
INFORMATION PRESENTED IS PREPARED SOLELY AS A GENERAL GUIDE AND IS HOT INTENDEO 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.
yjgPN
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/06/83.
STOCKER CALF BUDGET TEXAS HIGH PLAINS IV REGION
1983 PROJECTEO COSTS AND RETURNS PER HEAD
PURCHASE NOV 1. SELL MARCH 10
3
MAR
7
JUL
0.00
AV E R . A N N U A L C A P I TA L 2 5 . 5 2 2 6 . 2 5
LABOR REOUIREMENTS
MACHINERY LABOR
EOUIPMENT LABOR
LIVESTOCK LABOR
TOTAL LABOR
0.34
O,, 3 3
0 . 11
O.O
0.0
0.0
0.49
O,, 4 8
0.19
0.00
0.00
0.00
(DOLLARS)
0.00
0.00
(HOURS)
0.0
0.00
0.0
O.O
0.00
0.00
9
SEP
10
OCT
11
NOV
O.OO
0.23
23.74
TOTAL
95.99
0.0
0.00
0.0
0.0
O.OO
0 .. 0
0.0
0.15
0.38
0.34
TOTAL
O.O
0.70
1 .50
0.53
0.49
2.20
0 . 00 0 ,, 0 0
EOUIPMENT FIXED AND VARIABLE COSTS PER YEAR
EOUIPMENT
CODE
HAYRACK-FEEDER
STOCK TRAILER
STOCK SPRAYER
TACK
PICKUP TRUCK
HORSE
1DEPR
I N T.
INS.
TA X
4 0 ,, OO
2 8 0 .. 0 0
2 5 0 ,. 0 0
4 6 ,. OO
10S7,. 14
5 0 .. 25
3 0 .80
215 .80
192 . 5 0
34 . 6 5
8 8 6 .. OO
S9 . 3 8
2,. 2 0
15.. 4 0
13 . 7 5
2.. 4 8
63.. 29
4.. 2 4
1 . 10
7 .70
6.. 8 7
1 ..24
31 ,.64
2 ,. 12
R E PA I R
2.. 0 0
11 . 2 0
12 . 5 0
4,. 5 0
252.. 0 0
O. 0
FUEL
0
0
0
0
1470
0
.0
.0
.0
.0
.00
.0
LUB
TOTAL
OWN.
12
DEC
T O TA L H O U R S
OPER. LABOR
ALLOC
o.. 6 7
o.. 67
o..67
0,, OOI
0,, 0 0 1
0,, OOI
0,, 0 0 1
0.. 0 0 1
0.. 0 0 1
0.0
74 . 10
2 . OO
0.0
5 1 8 ,. 7 0
11 . 2 0
0.0
4 6 3 ,. 12
12 .SO
0.0
8 3 .. 3 6
4 .SO
7 3 . 5 0 2038 . 0 7 1795 .BO
O.O
1 16..99
0 ,. 0
0 .. 67
7 0 0 .. 0 0
0 .. 0
(X)
SELECTED EOUIPMENT COMPLEMENT INFORMATION
EQUIPMENT
HAYRACK-FEEDER
STOCK TRAILER
STOCK SPRAYER
TACK
PICKUP TRUCK
HORSE
I
2
3
4
5
CODE SIZE UNIT TYPE LIST
NO.
PRICE
1.
2.
4.
S.
to.
9S.
16 .
24.
150.
1.
1.
1.
FEET
FEET
GAL .
DOL .
TON
HEAD
2.
4O0.
2.
2800.
2.
12S0.
2.
450.
2 . 10SOO.
1.
600.
P U R C H L I F E S A LV. R E PA I R F U E L
PRICE (YRS) (XLP) (XLP) USE
4O0.
2SO0.
25O0.
450.
95O0.
GOO.
10.
10.
10.
10.
7.
6.
0 ., 0
0 .. 0
0 .. 0
0 .. 0
0 .. 2 0
0 .. 3 3
ANNUAL ANNUAL XXXXXX XXXXXX
LABOR USE
0 ,.08
0.0
0.7
0 ,.04
0.0
0.7
0 ,. 10
0.0
0.7
0 .. 10
0.0
0.7
0 .. 17 1 4 0 0 . O 7 0 0 . 0
0. O
O.O
O.O
0.0
^
JF^S
LISTING OF ECONOMIC AND ENGINEERING DATA FOR EOUIPMENT IN REGION
EOUIPMENT NAME CODE SIZE UNIT TYPE
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS 8 EOUIPMENT
FARROWING HOUSE
NURSERY
FINISHING FLOOR
PICKUP TRUCK
MILL a STORAGE
WATER SYSTEM
BEEF COW RAISED
BEEF BULL PURCH.
BEEF HEIFER RAI.
SOW PURCHASED
BOAR PURCHASED
HORSE
yfpfe*^
3.
4.
5
6
7
8
9
10
.
.
.
.
.
.
14
150
1
7500
491
171
1280
11.
12.
51 .
5
8
7
7
9
4
6
2
4
5
.
.
.
.
.
0
1
19
19
19
5
IS
19
21
21
21
3
15
15
2
2
2
2
2
2
2
2
2
2
2
2
1
1
1
1
1
1
5
LIST
PRICE
400.
2800.
SOO.
12S0.
4S0.
2500.
45550.
34SOO.
81620.
10500.
2500.
1667 .
47S .
107S .
400.
ISO.
SOO.
600.
6
PURCH.
PRICE
400.
2800.
SOO.
2500.
450.
2500.
4S550.
34500.
61620.
9500.
2500.
1667.
475.
1075.
4O0.
150.
SOO.
600.
7
LIFE
(YRS)
10.
10.
10.
10.
10.
20.
10.
10.
10.
7.
10.
10.
6.
4.
10.
2.
2.
8.
D AT E : 0 1 0 6 8 3
8
S A LV.
(XLP)
9
io
R E PA I R F U E L
(XLP)
USE
ANNUAL ANNUAL
LABOR USE XXXXXX XXXXXX
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
O.O
0.20
0 . 0
0 . 0
1 .00
0.50
1 .00
O.SO
0.15
0.33
O.OS
0.O4
0 . 0 4
0. 10
0. lO
0 . 0 5
0.01
0.01
O.OI
O.17
O.OI
0.01
O.O
0 . 0
0 . 0
O.O
O.O
0 . 0
0.7
0.7
0.7
0.7
0.7
3.0
30.0
23.0
38.0
700.0
8.0
8.0
O.O
0.0
0.0
O.O
0.0
0.0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
0 . 0
O.O
1400.0
O.O
O.O
O.O
O.O
0 . 0
O.O
O.O
0 . 0
O.O
0.0
0.0
0.0
0.0
0.0
O.O
0.0
O.O
0.0
0.0
0.0
0.0
0.0
0.0
O.O
0.0
0.0
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
0.0
O.O
O.O
0.0
O.O
O.O
O.O
O.O
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.oo
0.0
O.O
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
O.O
0.0
0.0
0.0
O.O
O.O