r
r
r
NORTH EAST TEXAS
SOIL RESOURCE AREA 11
B - 1 2 4 K C 11 )
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM
Zerle
L.
Carpenter,
Director
College
Station.
Te x a s
TEXAS CROP ENTERPRISE BUDGETS
NORTHEAST TEXAS REGION
Projected for 1984
j ^ r
Educational programs conducted by
regardless of socio-economic level,
t h o 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
race, color, sex, religion or national origin.
people
of
all
ages
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 n e E c o n o m i c s , T h e Te x a s A « M U n i v e r s i t y S y s t e m a n d t h e
United States Department of Agriculture cooperating. Distributed in furtherance of the Acts of Congress
of May 8, 1914, as acnonoed, and June 30, 1914.
150
•
1-84,
New
ECO
7-2
501
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84
B-1241(C11)
CORN, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
GROSS RECEIPTS
CORN
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
FUEL & 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 HARVEST
CUSTOM HAUL
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
85.00
85.00
BU.
BU.
2.95
0.48
$
YOUR
ESTIMATE
250.75
40.80
291.55 $
INPUT USE
120.00
80.00
80.00
0.25
0.60
2.73
0.63
28.77
85.00
85.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE. VARIABLE COSTS
LB.
LB.
LB.
BAGS
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
60.00
8.25
BU.
BU.
ACRE
0.30
0.25
ACRE
$
25.50
21.25
46.75 $
$
165.98 $
4.50
4.50
0.140
$
125.57 $
ACRE
ACRE
ACRE
ACRE
35.00
$
30.91
10.25
35.00
76.16 $
ACRE
$
242.14 $
ACRE
FIXED COSTS
DEPREC..INTEREST.TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT
1.00
TOTAL FIXED COSTS
TOTAL PROJECTED COSTS
BREAK-EVEN PRICE. TOTAL COSTS
$
30.00
20.00
12.00
15.00
4.95
12.32
1.45
3.21
1.13
12.30
2.83
4.03
119.23 $
$ 1 . 47/BU. CORN
INCOME ABOVE VARIABLE COSTS
NET PROJECTED RETURNS
PROJECTED
$/UNIT
VALUE
$
2 . 37/BU. CORN
ACRE
$
49.41 $
PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE..
DEFICIENCY PAYMENT BASED ON COMPLIANCE WITH GOVERNMENT
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.
501
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84,
B - 1 2 4 K C 11 )
CORN, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACHINERY
OPERATION
SHREDDER(4R) T
MB PL0W(4B) T
TANDEM DISC T
LISTER-BEDDER T
RENTD.FERT.APPL1
PLANTER
T
S P R AY E R
T
TANDEM DISC T
RENTD.FERT.APPL1
TOOL BAR CULT. T
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH 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
MAR
MAR
MAR
MAR
APR
MAY
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.00
1.00
1.00
0.277
0.571
0.224
0.227
0.104
0.303
0.378
0.224
0.104
0.322
0.210
0.432
0.170
0.172
0.079
0.230
0.286
0.170
0.079
0.244
2.734
2.071
1.89
4.05
1.10
1.56
0.26
2. 18
1.82
1.10
0.26
2.23
1.24
2.57
1.01
1.02
0.47
1.36
1.70
1.01
0.47
1.45
16.44 12.30
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.0
0.0
0.0
0.0
42.00
15.00
4.95
0.0
20.00
0.0
8.45
14.25
5.74
5.54
43.48
22.80
14.96
5.74
21.48
7.61
5.32
7.62
3.64
2.96
0.75
4.26
6.49
3.64
0.75
3.93
81.95 39.36 150.05
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)
2.36
2.65
2.95
3.24
3.54
68.00
36.49
56 .55
76.61
96.67
116.73
76.50
55.95
78.52
101.09
123.66
146.22
85.00
75.42
100.49
125.57
150.64
175.72
93.50
94.88
122.47
150.05
177.63
205.21
102.00
114.35
144.44
174.53
204.62
234.71
BU.
QUANTITY OF
CORN
502 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
CORN, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
J^^K
CATEGORY
1. GROSS RECEIPTS
CORN
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
FUEL & 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 HARVEST
CUSTOM HAUL
SUBTOTAL. HARVEST
PROJECTED
YIELD
UNIT
125.00
125.00
PROJECTED
VALUE
$/UNIT
BU.
BU.
2.95
0.48
$
YOUR
ESTIMATE
368.75
60.00
428.75 $
INPUT USE
160.00
80.00
80.00
0.25
1.00
2.62
0.63
25.08
125.00
125.00
TOTAL VARIABLE COSTS
LB.
LB.
LB.
BAGS
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
60.00
8.25
BU.
BU.
ACRE
0.30
0.25
4.50
4.50
0.140
$
ACRE
40.00
20.00
12.00
15.00
8.25
11.93
1.45
3.16
1.73
11.78
2.83
3.51
131.65 $
$
37.50
31.25
68.75 $
$
200.40 $
BREAK-EVEN PRICE. VARIABLE COSTS $ 1.12/BU. CORN
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 $ 2 2 8 . 3 5 $
FIXED COSTS
DEPREC, INTEREST. TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT 1.00
TO TA L
FIXED
COSTS
ACRE
ACRE
ACRE
ACRE
29.45
6.26
35.00 35.00
70.71 $.
$
TO TA L P R O J E C T E D C O S T S A C R E
$ 2 7 1 . 11 $ .
BREAK-EVEN PRICE. TOTAL COSTS $ 1.69/BU,
NET PROJECTED RETURNS ACRE
CORN
$ 157.64 $
PRICE BASED ON LOAN RATE ADJUSTED FOR STORAGE.
DEFICIENCY PAYMENT BASED ON COMPLIANCE WITH
GOVERNMENT 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.
/0^K
502
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
CORN. NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACHINERY
OPERATION
SHREDDER(4R) H
MB PL0W(4B) H
TANDEM DISC H
LISTER-BEDDER H
RENTD.FERT.APPL1
PLANTER
H
S P R AY E R
H
TANDEM DISC H
RENTD.FERT.APPL1
TOOL BAR CULT. H
/^%L
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
3,65
3,71
4.68
3,81
5,86
3,73
4,83
68
5,86
3,77
0.0
0.0
0.0
0.0
42.00
15.00
8.25
0.0
30.00
0.0
5.92
16.02
5.62
7.36
43.48
21.71
18.29
0.77
31.48
6.89
OCT
FEB
FEB
MAR
MAR
MAR
MAR
MAR
APR
MAY
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
1.71
4.69
1.21
2.16
0.26
1.94
2.17
0.18
0.26
2.02
1.00
3.00
1.02
1.40
0.47
1.12
2.01
0.0
0.47
1.31
16.59 11.78
3.21
8.33
3.39
3.81
0.75
3.66
5.87
0.59
0.75
3.56
95.25 33.91 157.53
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 CORN
(DOLLARS)
2.36
2.65
2.95
3.24
3.54
100.00
97.35
126.85
156.35
185.85
215.35
112.50
125.98
159.17
192.35
225.54
258.73
125.00
154.60
191.48
228.35
265.23
302.10
137.50
183.23
223.79
264.35
304.91
345.48
150.00
211.85
256.10
300.35
344.60
388.85
BU.
QUANTITY OF
CORN
503 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
COTTON. NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
GROSS RECEIPTS
COTTON LINT
COTTONSEED
DEFICIENCY PIHT.
TOTAL PROJECTE!D RETURNS
VARIABLE COSTS
PREHARVEST COS"rs
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
FUEL & LUBE- -TRACTOR
EQUIPMENT
-TRACTOR
EQUIPMENT
-MACHINERY
EQUIPMENT
OPERATING CAIPITAL
SUBTOTAL. IPREHARVEST
HARVEST COSTS
DEFOLIANT
STRIP & HAUL
GIN. BAG. TilES
SUBTOTAL. IHARVEST
PROJECTED
UNIT
YIELD
350.00
0.28
350.00
LB.
TON
LB.
PROJECTED
VALUE
$/UNIT
0.55
110.00
0.18
$
YOUR
ESTIMATE
192.50
30.80
63.00
286.30 $
INPUT USE
50.00
40.00
40.00
24.00
1.00
5.00
5.40
1.26
40.17
1.00
13.30
13.30
TOTAL VARIABLE COSTS
LB.
LB.
LB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
0.44
11 . 5 0
7.00
4.50
4.50
0.140
$
12.50
10.00
6.00
10.56
11.50
35.00
16.95
2.91
3.61
2.16
24.32
5.67
5.62
146.81 $
ACRE
CWT.
CWT.
ACRE
5.50
1.90
3.04
$
5.50
25.27
40.43
71.20 $
ACRE
$
218.01 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 0.35/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 . 2 9 $ _
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
52.77
11.63
45.59
110.00 $
5. TOTAL PROJECTED COSTS
ACRE
$
328.01 $
$
COTTON LINT
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
0 . 67/LB.
ACRE
$
-41.71 $
LAND RENT BASED ON 1/4 OF FERT, INSECT, AND GINNING. 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.
503
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
COTTON, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACHINERY
OPERATION
TOOL BAR CULT T
T
SHREDDER(4R)
TOOL BAR CULT T
RENTD.FERT.APPL1
MB PL0W(3B)
T
LISTER-BEDDER T
PLANTER
T
H
SPRAYER
TOOL BAR CULT T
SPRAYER
H
TOOL BAR CULT T
SPRAYER
H
SPRAYER
H
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3,44
4,31
3,44
4,86
4,38
3,47
4,39
5,83
4,43
5.83
4.43
5,83
5,83
NOV
NOV
FEB
MAR
MAR
MAR
APR
APR
MAY
MAY
JUNE
JUNE
JULY
TOTALS
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
0.214
0.277
0.214
0.104
0.756
0.227
0.364
0.372
0.322
0.744
0.322
0.744
0.744
0.162
0.210
0.162
0.079
0.573
0.172
0.276
0.282
0.244
0.564
0.244
0.564
0.564
5.404
4.094
1.50
1.32
1.50
0.47
3.71
1.56
1.86
1.03
1.57
2.06
1.57
2.06
2.06
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
22.27 24.32
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.0
2.67
0.0
5.60
2.67
0.0
28.50 1.28
0 . 0 10.59
0.0
2.96
10.56 5 . 4 9
11 .50 3 . 0 0
4.26
0.0
14.00 6 . 0 0
0.0
4.26
7.00 6.00
14.00 6 . 0 0
5.13
8.17
5.13
30.72
17.70
5.54
19.55
17.20
7.28
25.41
7.28
18.41
25.41
8 5 . 5 6 60.79 192.94
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)
0.44
0.49
0.55
0.60
0.66
280.00
-32.23
-20.68
-9.13
2.42
13.97
315.00
-19.20
-6.21
6.78
19.78
32.77
350.00
-6.18
8.26
22.70
37. 13
51.57
385.00
6.85
22.73
38.61
54.49
70.37
420.00
19.87
37.20
54.52
71.85
89.17
LB.
QUANTITY OF
COTTON LINT
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
504
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84,
B-1241(C11)
COTTON, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
GROSS RECEIPTS
COTTON LINT
COTTONSEED
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
FUEL & 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
DEFOLIANT
STRIP & HAUL
GIN, BAG, TIES
HAUL, COMP&EDUC
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
500.00
0.40
500.00
LB.
TON
LB.
0.55
110.00
0.18
$
YOUR
ESTIMATE
275.00
44.00
90.00
409.00 $
INPUT USE
50.00
40.00
40.00
24.00
1.00
3.00
5.39
0.91
31.30
1.00
19.00
19.00
1.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS
LB.
LB.
LB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
4.50
4.50
0.140
$
12.50
10.00
6.00
10.56
11 . 5 0
21.00
16.96
2.10
3.64
2.38
24.26
4.09
4.38
129.38 $
ACRE
CWT.
CWT.
BALE
ACRE
5.50
1.90
3.04
3.75
$
5.50
36. 10
57.76
3.75
103.11 $
ACRE
$
232.49 $
$
ACRE
FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND—NET SHARE-RENT
TOTAL FIXED COSTS
TOTAL PROJECTED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
0.25
0.25
0.15
0.44
11 . 5 0
7.00
0 . 20/LB. COTTON LINT
INCOME ABOVE VARIABLE COSTS
NET PROJECTED RETURNS
PROJECTED
VALUE
$/UNIT
$
176.51 $
ACRE
ACRE
ACRE
ACRE
$
52.58
8.57
75.43
136.58 $
ACRE
$
369.07 $
$ 0 . 47/LB. COTTON LINT
ACRE
$
39.93 $
LAND RENT BASED ON 1/4 OF GROSS LESS 1/4 OF FERT. INSECT, AND GINNING.
PRICE BASED ON LOAN RATE ADJUSTED FOR QUALTIY. DEFICIENCY PAYMENT
BASED ON COMPLIANCE WITH GOVERNMENT 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.
504
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84,
B - 1 2 4 K C 11 )
COTTON, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACHINERY
OPERATION
TOOL BAR CULT H
H
SHREDDER(4R)
TOOL BAR CULT H
RENTD.FERT.APPL1
MB PL0W(3B)
H
LISTER-BEDDER H
PLANTER
H
H
SPRAYER
TOOL BAR CULT H
H
SPRAYER
TOOL BAR CULT H
SPRAYER
H
SPRAYER
H
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3,78
4,65
3,78
4,86
4,72
3,81
4,73
5,83
4,77
5.83
4.77
5.83
5,83
NOV
NOV
FEB
MAR
MAR
MAR
APR
APR
MAY
MAY
JUNE
JUNE
JULY
TOTALS
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
0.194
0.222
0.194
0.104
0.884
0.310
0.298
0.372
0.291
0.744
0.291
0.744
0.744
0.147
0.168
0.147
0.079
0.670
0.235
0.226
0.282
0.221
0.564
0.221
0.564
0.564
5.392
4.085
1.36
1.26
1.36
0.47
4.29
2.16
1.71
1.03
1.42
2.06
1.42
2.06
2.06
0.87
1.00
0.87
0.47
3.98
1.40
1.34
1.67
1.31
3.35
1.31
3.35
3.35
22.65 24.26
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.0
2.42
0.0
3.44
0.0
2.42
2 8 . 5 0 1.28
0 . 0 11.75
3.81
0.0
10.56 4 . 7 0
11.50 3 . 0 0
3.86
0.0
14.00 6 . 0 0
0.0
3.86
7.00 6.00
0.0
6.00
4.65
5.69
4.65
30.72
20.02
7.36
18.31
17.20
6.59
25.41
6.59
18.41
11.41
71.56 58.54 177.01
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)
0.44
0.49
0.55
0.60
0.66
400.00
23.36
39.86
56.36
72.86
89.36
450.00
41.59
60.15
78.72
97.28
115.84
500.00
59.82
80.45
101.07
121.70
142.32
550.00
78.06
100.74
123.43
146.12
168.81
600.00
96.29
121.04
145.79
170.54
195.29
LB.
QUANTITY OF
COTTON LINT
/
^
5 0 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 01/18/84.
B - 1 2 4 1 ( C 11 )
GRAIN SORGHUM, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
PROJECTED
YIELD
UNIT
1. GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
FUEL & LUBE—TRACTOR
EQUIPMENT
R E PA I R S T R A C TO R
EQUIPMENT
LABOR
MACHINERY
EQUIPMENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM HARVEST
CUSTOM HAUL
SUBTOTAL. HARVEST
40.00
40.00
PROJECTED
VALUE
$/UNIT
CWT.
CWT.
4.75
0.82
YOUR
ESTIMATE
$
190.00
32.80
222.80 $
LB.
LB.
LB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
4.50
4.50
0.140
$
25.00
20.00
12.00
5.40
7.00
5.12
15.63
1.46
3.97
1.49
15.55
2.83
3.89
119.34 $
ACRE
CWT.
ACRE
15.00
0.25
$
15.00
10.00
25.00 $
ACRE
$
144.34 $
INPUT USE
100.00
80.00
80.00
7.20
1.00
1.00
3.46
0.63
27.78
1.00
40.00
TOTAL VARIABLE COSTS
0.25
0.25
0.15
0.75
7.00
5.12
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.79/CWT. GRAIN SORGHUM
3.
INCOME
ABOVE
VA R I A B L E
COSTS
ACRE
$
78.46
$.
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR,
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
40.08
13.85
42.24
96.17 $
5. TOTAL PROJECTED COSTS
ACRE
$
240.51 $
BREAK-EVEN PRICE. TOTAL COSTS
6. NET PROJECTED RETURNS
$ 5.19/CWT. GRAIN SORGHUM
ACRE
$
-17.71
$
LAND RENT BASED ON 30% OF GROSS LESS 30% OF FERT, HARVEST, HAUL.
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.
yff$BS\
505
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
GRAIN SORGHUM, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACHINERY
OPERATION
T
MB PL0W(3B)
T
SHREDDER(4R)
MB PL0W(3B)
T
LISTER-BEDDER T
LISTER-BEDDER T
RENTD.FERT.APPL1
SPRAYER
T
PLANT-CULT
T
TOOL BAR CULT T
T
SPRAYER
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3.38
4,31
3.38
3,47
3,47
5,86
4,49
58
4,43
4,49
AUG
AUG
SEPT
SEPT
DEC
MAR
MAR
MAR
APR
JUNE
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.20
1.00
1.30
0.756
0.277
0.756
0.227
0.227
0.104
0.378
0.0
0.322
0.409
0.573
0.210
0.573
0.172
0.172
0.079
0.286
0.286
0.244
0.310
3.457
2.905
5.27
1.32
5.27
1.56
1.56
0.26
1.82
0.27
1.57
1.97
3.40
1.24
3.40
1.02
1.02
0.47
1.70
0.0
1.45
1.84
20.86 15.55
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.0
0.0
0.0
0.0
0.0
57.00
7.00
5.40
0.0
5.12
18.47
8.17
18.47
5.54
5.54
58.48
17.01
8.13
7.28
15.96
9.80
5.60
9.80
2.96
2.96
0.75
6.49
2.46
4.26
7.03
74.52 52.12 163.06
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)
3.80
4.27
4.75
5.22
5.70
32.00
-14.86
-4.22
6.42
17.06
27.70
36.00
-2.62
9.35
21.32
33.29
45.26
40.00
9.62
22.92
36.22
49.52
62.82
44.00
21.85
36.48
51.11
65.74
80.37
48.00
34.09
50.05
66.01
81.97
97.93
CWT.
QUANTITY OF
GRAIN SORGHUM
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
5 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 01/18/84.
B - 1 2 4 1 ( C 11 )
GRAIN SORGHUM, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
PROJECTED
YIELD
UNIT
YOUR
ESTIMATE
PROJECTED
VALUE
$/UNIT
1. GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦NITROGEN
♦PHOSPHATE
♦POTASH
♦SEED
♦HERBICIDE
♦INSECTICIDE
60.00
60.00
4.75
0.82
285.00
49.20
334.20 $
$
INPUT USE
160.00
80.00
80.00
7.20
1.00
2.00
FUEL & LUBE—TRACTOR
EQUIPMENT
R E PA I R S T R A C T O R
EQUIPMENT
CWT.
CWT.
LABOR MACHINERY
EQUIPMENT
OPERATING CAPITAL
4.04
0.63
28.48
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUSTOM HARVEST
CUSTOM HAUL
1.00
60.00
LB.
LB.
LB.
LB.
ACRE
APPL
ACRE
ACRE
ACRE
ACRE
HOUR
TOTAL VARIABLE COSTS
40.00
20.00
12.00
5.40
7.00
10.24
18.23
1 .46
4.68
4.50
4.50
0.140
$
1 .83
18.17
2.83
3.99
145.83 $
CWT.
ACRE
15.00
0.25
$
15.00
15.00
30.00 $
ACRE
$
175.83 $
HOUR
DOL.
ACRE
SUBTOTAL, HARVEST
0.25
0.25
0.15
0.75
7.00
5.12
ACRE
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.11/CWT. GRAIN SORGHUM
y^BSy
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 5 8 . 3 7 $ .
4. FIXED COSTS
DEPREC, INTEREST.TAXES & INSUR,
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
TOTAL FIXED COSTS
5. TOTAL PROJECTED COSTS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
ACRE
ACRE
ACRE
ACRE
$
46.30
8.28
69.66
124.24 $
ACRE
$
300.06 $
$ 4.18/CWT. GRAIN SORGHUM
ACRE
$
34.14
$
LAND RENT BASED ON 30% OF GROSS LESS 30% OF FERT. HARVEST. HAUL.
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.
yf^x
506
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84
B-1241(C11)
GRAIN SORGHUM, NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACHINERY
OPERATION
MB PL0W(3B)
H
H
SHREDDER(4R)
MB PL0W(3B)
H
LISTER-BEDDER H
LISTER-BEDDER H
RENTD.FERT.APPL1
SPRAYER
H
PLANT-CULT
T
RENTD.FERT.APPL1
TOOL BAR CULT H
SPRAYER
H
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
3,72
4,65
3,72
3.81
3,81
5,86
4,83
58
5,86
4,77
4,83
AUG
AUG
SEPT
SEPT
DEC
MAR
MAR
MAR
APR
APR
JUNE
TOTALS
1.00
1.00
1.00
1.00
1.00
1.00
1.20
1.20
1.00
1.00
1.30
0.884
0.222
0.884
0.310
0.310
0.104
0.447
0.0
0.104
0.291
0.484
0.670
0.168
0.670
0.235
0.235
0.079
0.338
0.286
0.079
0.221
0.367
4.039
3.346
6 . 11
1 .26
6 . 11
2.16
2.16
0.26
2.17
0.27
0.26
1.42
2.35
3.98
1.00
3.98
1.40
1.40
0.47
2.01
0.0
0.47
1.31
2.18
2 4 . 5 1 18.17
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0 . 0 10.83
0.0
3.44
0 . 0 10.83
0.0
3.81
0.0
3.81
47.00 0.75
7 . 0 0 5.87
5 . 4 0 2.46
25.00 0.75
0.0
3.86
5.12 6.36
20.92
5.69
20.92
7.36
7.36
48.48
17.04
8.13
26.48
6.59
16.00
89.52 52.77 184.97
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)
3.80
4.27
4.75
5.22
5 70
48.00
12.11
28.07
44.03
59.99
75 95
54.00
30.46
48.42
66.37
84.33
102 .28
60.00
48.81
68.76
88.71
108.66
128 61
66.00
67.17
89.11
111.06
133.00
154 .95
72.00
85.52
109.46
133.40
157.34
181 .28
CWT.
QUANTITY OF
GRAIN SORGHUM
507 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS ESTABLISHMENT), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
PROJECTED
YIELD
UNIT
1 . GROSS RECEIPTS
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
FERT (N) APPL'D
FERT (P) APPL'D
FERT (K) APPL'D
♦SPRIGS
♦HERBICIDE
FUEL & 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
SUBTOTAL, HARVEST
PROJECTED
VALUE
$/UNIT
$
0.0
YOUR
ESTIMATE
$
INPUT USE
60.00
40.00
40.00
1.00
1.00
0.76
1.05
25.76
LB.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0,.25
0 .25
0 .15
15 .00
5,.50
4 .50
4 .50
0. 140
$
15.00
10.00
6.00
15.00
5.50
2.37
2.43
0.45
0.60
3.44
4.72
3.61
69.12 $
0.0
$
ACRE
$
ACRE
$
69.12 $
3. INCOME ABOVE VARIABLE COSTS
S
ACRE
$
-69.12 $
4. FIXED COSTS
INSUR.
DEPREC..INTEREST,TAXES &i INSUR
TRACTOR
EQUIPMENT
LAND-CASH RENT
1.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
7.82
6.27
20.00
34.09 $
5. TOTAL PROJECTED COSTS
ACRE
$
103.22 $
6. NET PROJECTED RETURNS
ACRE
$ -103.22 $
TOTAL VARIABLE COSTS
2 0 .00
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.
507
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84
B - 1 2 4 K C 11 )
HAY PRODUCTION (COASTAL BERMUDAGRASS ESTABLISHMENT), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACH
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS
TANDEM DISC
SPRAYER
TOTALS
T 4,34 MAR
T 5.49 APR
2.00 0.449 0.340
1.00 0.315 0.239
2.20
0.86
2.02
1.42
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
15.00
5.50
7.28
3.81
26.49
11.58
0 . 7 6 3 0 . 5 7 8 3 . 0 5 3 . 4 4 2 0 . 5 0 11 . 0 8 3 8 . 0 7
508
#*^
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
CATEGORY
PROJECTED
YIELD
UNIT
GROSS RECEIPTS
HAY
TOTAL PROJECTED RETURNS
VARIABLE COSTS
PREHARVEST COSTS
FERT (N) APPL'D
FERT (P) APPL'D
FERT (K) APPL'D
♦HERBICIDE
FUEL & 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 BALING
CUSTOM HAULING
SUBTOTAL, HARVEST
210.00
YOUR
ESTIMATE
PROJECTED
VALUE
$/UNIT
BALE
2.00
$
420.00
420.00 $
LB.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
5.50
4.50
4.50
0.140
$
60.00
25.00
19.50
2.75
0.32
1.13
0.07
0.22
0.71
2.20
-2.88
109.02 $
BALE
BALE
ACRE
0.45
0.30
$
94.50
63.00
157.50 $
ACRE
$
266.52 $
INPUT USE
240.00
100.00
130.00
0.50
0.16
0.49
-20.58
210.00
210.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS $ 1.27/BALE HAY
INCOME ABOVE VARIABLE COSTS
FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT 1.00
P R O R AT E D E S TA B L 1 0 3 . 2 2
TOTAL FIXED COSTS
TOTAL PROJECTED COSTS
BREAK-EVEN PRICE. TOTAL COSTS
NET PROJECTED RETURNS
ACRE
$ 153.48 $
ACRE
ACRE
ACRE
DOL.
ACRE
1.14
2.17
20.00
20.00
0.10
10.32
$ 33.63 $.
ACRE
$
300.15
$.
$ 1.43/BALE HAY
ACRE
$
11 9 . 8 5
$
ESTABLISHMENT COST PRORATED OVER 10 YEARS. HAY SOLD 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.
508
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84,
B - 1 2 4 K C 11 )
HAY PRODUCTION (COASTAL BERMUDAGRASS). NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
TYPICAL MANAGEMENT
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
MACHINERY
OPERATION
S P R AY E R
T
5,49 M A R 0 . 5 0
TOTALS
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
0.157
0.119
0.43
0.71
2.75
1.90
5.79
0.157
0.119
0.43
0.71
2.75
1.90
5.79
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 HAY
(DOLLARS)
1.60
1.80
2.00
2.20
2.40
168.00
33.78
67.38
100.98
134.58
168.18
189.00
51 .63
89.43
127.23
165.03
202.83
210.00
69.48
111.48
153.48
195.48
237.48
231.00
87.33
133.53
179.73
225.93
272.13
252.00
105.18
155.58
205.98
256.38
306.78
BALE
QUANTITY OF
HAY
'**%
509 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS ESTABLISHMENT), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
I. GROSS RECEIPTS
HAY
TOTAL PROJECTED RETURNS
>. VARIABLE COSTS
PREHARVEST COSTS
FERT (N) APPL'D
FERT (P) APPL'D
FERT (K) APPL'D
♦SPRIGS
♦HERBICIDE
FUEL & 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 BALING
CUSTOM HAULING
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
70.00
PROJECTED
$/UNIT
VALUE
BALE
2.00
LB.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
15.00
5.50
YOUR
ESTIMATE
$
140.00
140.00 $
$
45.00
20.00
12.00
15.00
5.50
3.09
1.46
0.83
0.69
3.71
2.84
6.64
116.76 $
BALE
BALE
ACRE
0.45
0.30
$
31.50
21.00
52.50 $
ACRE
$
169.26 $
INPUT USE
180.00
80.00
80.00
1.00
1.00
0.83
0.63
47.41
70.00
70.00
TOTAL VARIABLE COSTS
4.50
4.50
0.140
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.42/BALE HAY
3. INCOME ABOVE VARIABLE COSTS
ACRE
$ -29.26 $
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH
RENT
1.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
20.00
$
7.83
3.28
20.00
31.11 $
5. TOTAL PROJECTED COSTS
ACRE
$
200.36 $
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
$ 2 . 86/BALE HAY
ACRE
$
-60.36 $
HAY SOLD 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.
509
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84,
B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS ESTABLISHMENT). NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACH
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS
TANDEM DISC
SPRAYER
H 3,68 MAR
H 5,83 APR
TOTALS
2.00 0.453 0.343
1.00 0.372 0.282
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
3.36 2.04 15.00 6.30 26.70
1 . 0 3 1 . 6 7 5 . 5 0 3 . 0 0 11 . 2 0
0.825 0.625 4.39 3.71 20.50 9.30 37.90
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 HAY
(DOLLARS)
1.60
1.80
2.00
2.20
2.40
56.00
-69.16
-57.96
-46.76
-35.56
-24.36
63.00
-63.21
-50.61
-38.01
-25.41
-12.81
70.00
-57.26
-43.26
-29.26
-15.26
-1.26
77.00
-51.31
-35.91
-20.51
- 5 . 11
10.29
84.00
-45.36
-28.56
- 11 . 7 6
5.04
21.84
BALE
QUANTITY OF
HAY
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
""*%
510 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/18/84. B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
CATEGORY
1. GROSS RECEIPTS
HAY
TOTAL PROJECTED RETURNS
2. VARIABLE COSTS
PREHARVEST COSTS
♦FERT (N) APPL'D
♦FERT (P) APPL'D
♦FERT (K) APPL'D
♦HERBICIDE
FUEL & 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 BALING
CUSTOM HAULING
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
300.00
YOUR
ESTIMATE
PROJECTED
VALUE
$/UNIT
BALE
2.00
LB.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
0.25
0.25
0.15
5.50
4.50
4.50
0.140
$
75.00
25.00
30.00
5.50
0.76
1.62
0.16
0.36
1.67
3.15
-4.52
138.70 $
BALE
BALE
ACRE
0.45
0.30
$
135.00
90.00
225.00 $
ACRE
$
363.70 $
$
600.00
600.00 $
INPUT USE
300.00
100.00
200.00
1.00
0.37
0.70
-32.32
300.00
300.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE. VARIABLE COSTS $ 1.21/BALE 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 $ 2 3 6 . 3 0 $
/0£\
FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT 1.00
P R O R AT E D E S TA B L 6 0 . 3 6
TOTAL FIXED COSTS
TOTAL PROJECTED COSTS
BREAK-EVEN PRICE. TOTAL COSTS
NET PROJECTED RETURNS
ACRE
ACRE
ACRE
DOL.
ACRE
ACRE
2.70
2.30
20.00 20.00
0.10
6.04
31.04 $_
$
$
394.74
$.
$ 1.32/BALE HAY
ACRE
$
205.26
$
ESTABLISHMENT COST PRORATED OVER 10 YEARS. HAY SOLD 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.
5 1 0 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 01/18/84. B-1241(C11)
HAY PRODUCTION (COASTAL BERMUDAGRASS), NORTHEAST TEXAS REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
HIGH LEVEL MANAGEMENT
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
MACHINERY
OPERATION
S P R AY E R
H
APPL. MACH
INPUT FIXED
COSTS COSTS
TOTAL
OPER.
COST
5,83 M A R 1 . 0 0 0 . 3 7 2
0.282
1.03
1.67
5.50
3.00
11.20
0.372
0.282
1.03
1.67
5.50
3.00
11.20
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 HAY
(DOLLARS)
1.60
1.80
2.00
2.20
2.40
240.00
65.30
113.30
161.30
209.30
257.30
270.00
90.80
144.80
198.80
252.80
306.80
300.00
116.30
176.30
236.30
296.30
356.30
330.00
141.80
207.80
273.80
339.80
405.80
360.00
167.30
239.30
311.30
383.30
455.30
BALE
QUANTITY OF
HAY
.^%