r
TEXAS HIGH PLAINS IV
SOIL RESOURCE AREA 4
Yoakum
c
Gaines
Terry
B-124KC 4)
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM
Zerle
L.
Carpenter,
Director
College
Station,
Te x a s
TEXAS CROP ENTERPRISE BUDGETS
TEXAS HIGH PLAINS IV REGION
Projected for 1984
jp^>
Educational programs conducted by
regardless of socio-economic level,
$***
t h e Te x a s A g r i c u l t u r a l E x t o 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
agos
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 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
United States Department of Agriculture cooperating. Distributed in furtherance of the Acts of Congress
of May S, 1914, as amended, and June 30, 1914.
150
•
1-84,
New
ECO
7-2
153 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
COTTON, DRYLAND, TEXAS HIGH PLAINS IV REGION
1984 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
EQUIPMENT
R E PA I R S T R A C T O R
EOUIPMENT
LABOR MACHINERY
EQUIPMENT
OTHER
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
GIN,BAG, TIES
CUSTOM HARV&HAUL
SUBTOTAL, HARVEST
PROJECTED
UNIT
YIELD
230.00
0.19
230.00
LB.
TON
LB.
PROJECTED
VALUE
$/UNIT
0.55
110.00
0.18
$
YOUR
ESTIMATE
126.50
20.51
41.40
188.41 $
INPUT USE
15.00
1.00
80.00
20.00
20.00
1.00
1.50
0.98
2.00
25.91
12.60
12.60
TOTAL VARIABLE COSTS
LB.
ACRE
DOL.
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
CWT.
CWT.
ACRE
0.45
6.00
0.15
0.23
0.21
2.20
5.00
3.50
3.50
0.120
2.25
1 .75
ACRE
$
6.75
6.00
12.00
4.60
4.20
2.20
8.54
2.16
2.39
1 .62
7.51
3.43
7.00
3 . 11
71 .51 $
$
28.35
22.05
50.40 $
$
121.91 $
BREAK-EVEN PRICE, VARIABLE COSTS $ 0.26/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 6 . 5 1 $ .
4. FIXED COSTS
DEPREC..INTEREST.TAXES & INSUR,
TRACTOR
EQUIPMENT
LAND—NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
16.30
8.80
40.02
65.12 $
5. TOTAL PROJECTED COSTS
ACRE
$
187.02 $
$
COTTON LINT
BREAK-EVEN PRICE. TOTAL COSTS
6. NET PROJECTED RETURNS
0 . 54/LB.
ACRE
$
1 .39 $
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.
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84.
153
B-124KC 4)
COTTON, DRYLAND, TEXAS HIGH PLAINS IV REGION
1984 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 . 11 5
0 . 11 8
3.77
4.19
0.03
1.42
0.01
1.09
0.52
1.16
2.79
1.89
0.0
0.73
0.0
0.57
0.76
0.78
1.502
1.502
12.19
7.51
/"^k
APPL. MACH
INPUT FIXED
COSTS COSTS
0.0
0.0
0.0
0.0
6.00
6.75
0.0
0.0
TOTAL
OPER.
COST
6.52
7.82
0.09
2.27
0.15
1.69
1.21
2.72
13.07
13.90
0.12
4.42
6.17
10.09
2.49
4.66
12.75 22.47
54.92
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
184.00
-8.29
-0.70
6.89
14.48
22.07
207.00
-0.38
8.15
16.69
25.23
33.77
230.00
7.52
17.01
26.49
35.98
45.47
253.00
15.42
25.86
36.29
46.73
57.17
276.00
23.32
34.71
46.09
57.48
68.86
LB.
QUANTITY OF
COTTON LINT
NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE
VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT
STRATEGIES.
•^fnv
154
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
COTTON, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 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
INPUT USE
VARIABLE COSTS
PREHARVEST COSTS
*SD COTTON-UPLAND
22.50
♦NITROGEN
40.00
30.00
♦PHOSPHATE
1.00
FERTILIZER APPLI
♦HERBICIDE
1.00
130.00
HAIL INSURANCE
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
1.12
EQUIPMENT
OTHER
3.00
47.97
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
24.20
GIN.BAG, TIES
CUSTOM HARV&HAUL
24.20
SUBTOTAL. HARVEST
TOTAL VARIABLE COSTS
LB.
TON
LB.
LB.
LB.
LB.
ACRE
LB.
DOL.
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
HOUR
DOL.
ACRE
CWT.
CWT.
ACRE
PROJECTED YOUR
VALUE ESTIMATE
$/UNIT
0.55
110.00
0.18
$
220.00
35.20
72.00
327.20 $
0.45
0.23
0.21
2.20
7.00
0.15
10.12
9.20
6.30
2.20
7.00
19.50
$
10.86
2.47
30.40
3.08
2.23
4.50
8.69
2.50
3.92
10.50
5.76
139.23 $
$
54.45
42.35
96.80 $
$
236.03 $
5.00
5.00
3.50
3.50
0.120
2.25
1.75
ACRE
BREAK-EVEN PRICE. VARIABLE COSTS $ 0.32/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 $ 9 1 . 1 7 $ _
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
$
$
19.31
12.08
53.26
22.10
106.76 $
$
342.79 $
2.21
0 . 59/LB. COTTON LINT
ACRE
$
-15.59 $
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.
J0^\
154
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84.
B-1241(C 4)
COTTON, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
M A C H A P P L . M A C H TO TA L
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR INPUT FIXED OPER.
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS COSTS COSTS COST
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
0.277
0.208
0.378
0.0
0 . 11 4
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
2.42
1.91
4.19
0.03
1.17
1.15
2.27
0.02
0.26
2.33
1 38
1 04
1 89
0 0
0 57
0 73
1 14
0 .0
0 .38
1 .56
0.0
0.0
0.0
0.0
0.0
0.0
10.12
7.00
0.0
0.0
3.90
2.77
7.82
0.09
1.83
2.02
3.68
0.23
0.61
5.43
7
5
13
0
3
3
17
7
1
9
71
73
90
12
57
90
22
25
24
32
1.738 1.760 15.77 8.69 17.12 28.39 69.97
I R R I G A P P L . I R R I G T O TA L
APPL. ACRE LABOR SYSTEM OPER. LABOR INPUT FIXED IRRIG
MONTH INCHES HOURS HOURS COSTS COSTS COSTS COSTS COSTS
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
APR 4.00
JUNE 3.00
J U LY 3 . 0 0
TOTALS
0.200 0.0
0.150 0.0
0.150 0.0
10.00 0.500 0.0
13.96
10.47
10.47
1.00
0.75
0.75
0.0
0.0
0.0
8 .84 23 .80
6.63 17.85
6.63 17.85
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 LINT
(DOLLARS)
0.44
0.49
0.55
0.60
0.66
320.00
-20.93
-7.73
5.47
18.67
31 .87
360.00
-8.01
6.84
21.69
36.54
51 .39
400.00
4.91
21.41
37.91
54.41
70.91
440.00
17.83
35.98
54.13
72.28
90.43
480.00
30.75
50.55
70.35
90.15
109.95
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 01/16/84.
f^
B-124KC 4)
GRAIN SORGHUM, DRYLAND, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
VARIABLE COSTS
PREHARVEST COSTS
♦GRAIN SORG. SEED
♦NITROGEN
FERTILIZER APPLI
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
CUST HARV SORG D
CUSTOM HAUL
SUBTOTAL, HARVEST
PROJECTED
YIELD
UNIT
13.00
13.00
CWT.
CWT.
PROJECTED
VALUE
$/UNIT
4.70
0.82
YOUR
ESTIMATE
$
61. 10
10.66
71.76 $
LB.
LB.
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
5.00
3.50
0.120
$
1.88
4.60
2.20
7. 19
1.25
2.00
1.67
5.85
1.98
0.72
29.34 $
ACRE
CWT.
ACRE
10.00
0.25
$
10.00
3.25
13.25 $
ACRE
$
42.59 $
INPUT USE
3.75
20.00
1.00
1.17
0.57
5.99
1.00
13.00
TOTAL VARIABLE COSTS
0.50
0.23
2.20
BREAK-EVEN PRICE, VARIABLE COSTS $ 2.46/CWT. GRAIN SORGHUM
3. INCOME ABOVE VARIABLE COSTS
ACRE
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR
TRACTOR
EQUIPMENT
LAND—NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
12.98
7.87
21.09
41.94 $_
5. TOTAL PROJECTED COSTS
ACRE
84.53 $
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
$ 29.17 $
$ 5.68/CWT. GRAIN SORGHUM
ACRE
$
-12.77
$
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.
155
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
GRAIN SORGHUM, DRYLAND, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
MACHINERY
OPERATION
TANDEM DISC
MOLDBOARD 6B
PACKER
TANDEM DISC
LISTER-PLNT8R
CULTIVATOR 8R
SAND FIGHTER
MACH
ITEM OPER TIMES LABOR MACHINE OPER LABOR
NO. MONTH OVER HOURS HOURS COSTS COSTS
2,41
1.47
53
2,41
1,37
3,34
5.51
MAR
MAR
MAR
APR
MAY
MAY
JUNE
TOTALS
1.50
0.75
0.75
1.50
1.25
1.00
2.00
0.219
0.284
0.0
0.219
0. 142
0.156
0.151
0.166
0.215
0.155
0.166
0.108
0.118
0 . 11 5
2.13
3.14
0.03
2.13
1 .55
1 . 16
0.52
1.09
0.71
0.78
0.76
1.170
1.041
10.66
5.85
1.09
1.42
0.0
APPL. MACH
INPUT FIXED
COSTS COSTS
0.0
0.0
0.0
0.0
TOTAL
OPER.
COST
3.40
5.87
0.07
3.40
2.66
2.72
1.21
6.63
10.42
0.09
6.63
6.79
4.66
2.49
1.88 19.32
37.71
1 .88
0.0
0.0
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)
3.76
4.23
4.70
5.17
5.64
10.40
-7.65
-4.38
-1.10
2.17
5.45
11 . 7 0
-3.88
-0.20
3.49
7.17
10.86
13.00
- 0 . 11
3.98
8.08
12.17
16.27
14.30
3.66
8.17
12.67
17.17
21.67
15.60
7.43
12.35
17.26
22.17
27.08
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 01/16/84,
GRAIN SORGHUM, IRRIGATED,TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
/P*V
CATEGORY
1. GROSS RECEIPTS
GRAIN SORGHUM
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
PROJECTED
YIELD
UNIT
35.00
35.00
2. 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
1.17
LABOR MACHINERY
IRRIGATION
0.50
EQUIPMENT
0.77
23.88
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUST HARV SORG D
1.00
35.00
CUSTOM HAUL
SUBTOTAL, HARVEST
40^
B-124KC 4)
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIAEJLE COSTS
PROJECTED
$ / U N I T VA L U E
YOUR
ESTIMATE
CWT.
CWT.
4.70 164.50
0.82 28.70
$ 193.20 $
LB.
LB.
LB.
ACRE
APPL
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
0.50
3.13
0.23 23.00
0.21
8.40
2 . 20 2 . 20
4.50
4.50
5.00
5.00
3.50
0.120
$
ACRE
CWT.
ACRE
10.00 10.00
0.25
8.75
$ 18.75 $
ACRE
$ 121.87 $
7.53
1.70
30.40
2.11
1.76
4.50
5.83
2.50
2.69
2.87
103.12 $
$ 2 . 66/CWT. GRAIN SORGSHUM
3. INCOME ABOVE VARIABLE C0S1rs
ACRE
4. FIXED COSTS
DEPREC..INTEREST,TAXES iV INSUR.
TRACTOR
EQUIPMENT
LAND NET SHARE-RENT
IRRIG. EQUIP.
10.00
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACIN
ACRE
13.31
8.64
39.46
2.21 22.10
$ 83.51 $
5. TOTAL PROJECTED COSTS
ACRE
$ 205.38 $
BREAK-EVEN PRICE. TOTAL COSTS
6. NET PROJECTED RETURNS
$
71.33 $
$ 5.05/CWT. GRAIN SORGHUM
ACRE
$
-12.18
$
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.
J^v
156
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84,
B-1241(C 4)
GRAIN SORGHUM, IRRIGATED.TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
10 ACRE INCHES APPLIED
M A C H A P P L . M A C H TO TA L
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR INPUT FIXED OPER.
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS COSTS COSTS COST
TANDEM DISC
MOLDBOARD 6B
PACKER
TANDEM DISC
LISTER 8R
BED PLANTER8R
SAND FIGHTER
CULTIVATOR 8R
2 41 JAN
1 47 FEB
53 FEB
2 41 FEB
1 55 MAY
2 ,39 MAY
5 ,51 MAY
3 ,34 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
TOTALS
0.73
1.70
0.0
0.73
0.57
0.95
0.38
0.78
0.0
0.0
0.0
0.0
0.0
3.13
0.0
0.0
2.27
7.04
0.08
2.27
1.83
3.07
0.61
2.72
4 .42
12 51
0 11
4 42
3 57
9 04
1 24
4 66
11.13
5.83
3.13 19.88
39.97
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
0 . 11 0
0.258
0.186
0 . 11 0
0.086
0.144
0.057
0 . 11 8
1.167
1.070
APPL. ACRE LABOR
MONTH INCHES HOURS
APR 4.00
J U LY 3 . 0 0
AUG 3.00
42
77
03
42
17
90
26
16
0.146
0.340
0.0
0.146
0 . 11 4
0.190
0.076
0.156
0.200 0.0
0.150 0.0
0.150 0.0
10.00 0.500 0.0
1
3
0
1
1
1
0
1
13.96
10.47
10.47
1.00
0.75
0.75
0.0
0.0
0.0
8.84 23.80
6.63 17.85
6.63 17.85
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)
3.76
4.23
4.70
5.17
5.64
28.00
-10.48
-1.66
7.16
15.97
24.79
31.50
-0.32
9.60
19.52
29.44
39.35
35.00
9.83
20.85
31.87
42.90
53.92
38.50
19.98
3 2 . 11
44.23
56.36
68.48
42.00
30.14
43.36
56.59
69.82
83.04
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 01/16/84
B-1241(C 4)
WHEAT, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
1. GROSS RECEIPTS
WHEAT
WHEAT PASTURE
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
PROJECTED
YIELD
UNIT
25.00
200.00
25.00
2. 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
0.77
EQUIPMENT
OPERATING CAPITAL
47.81
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUST HARV WHEAT
1.00
CUSTOM HAUL
25.00
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS
BU.
DAYS
BU.
7.50
0.23
2.20
0.15
YOUR
ESTIMATE
80.00
46.00
28.75
154.75 $
BU.
LB.
ACRE
DOL.
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
5.00
5.00
3.50
0.120
$
5.32
1.70
39.52
1.61
2.12
5.85
4.31
3.25
2.69
5.74
118.22 $
ACRE
BU.
ACRE
12.50
0.12
$
12.50
3.00
15.50 $
ACRE
$
133.72 $
9.00
18.40
2.20
16.50
$ 2 . 36/BU. WHEAT
ACRE
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
6 . NET PROJECTED RETURNS
3.20
0.23
1.15
$
3 . INCOME ABOVE VARIABLE COSTS
BREAK-EVEN PRICE. TOTAL COSTS
PROJECTED
VALUE
$/UNIT
2.21
$
21.03 $
$
8.76
7 . 11
29.64
28.73
74.25 $
$
207.97 $
$ 5 . 33/BU. WHEAT
ACRE
$
-53.22 $
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.
157
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84,
B-1241(C 4)
WHEAT, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 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 , 4 1 J U LY 1 . 0 0 0 . 1 4 6 0 . 11 0 1 . 4 2 0 . 7 3 0 . 0
2 , 4 6 J U LY 0 . 5 0 0 . 2 8 5 0 . 2 1 6 3 . 0 2 1 . 4 3 0 . 0
2.00 0.292 0.221
2 . 8 4 1.46
0.0
2,41 AUG
1.20 0 . 7 0
9.00
3,58 SEPT 0 . 5 0 0.140 0.106
58 SEPT 0 . 5 0 0 . 0
0.106
0.30 0.0
0.0
TOTALS
IRRIGATION
APPLICATION
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
0.863
0.760 8.78
APPL. ACRE LABOR
MONTH INCHES HOURS
AUG
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
WATER APPLICATION
OCT
DEC
APR
TOTALS
4.00
3.00
3.00
3.00
0.200
0.150
0.150
0.150
2.27 4.42
4.15 8.59
4.54
8.84
2.15 13.06
0.70
1.01
4.31
9 . 0 0 13.81
35.91
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
0.0
0.0
0.0
0.0
13.00 0.650 0.0
13.96
10.47
10.47
10.47
1.00
0.75
0.75
0.75
0.0 8.84 23.80
0.0
6.63 17 85
0.0
6 . 6 3 17 85
0.0
6.63 17 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
INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT
PRICE OF WHEAT
(DOLLARS)
2.56
2.88
3.20
3.52
3.84
20.00
-31.36
-27.07
-22.78
-18.50
-14.21
22.50
-25.35
-20.52
-15.70
-10.87
-6.05
25.00
-19.33
-13.97
-8.61
-3.25
2. 11
27.50
-13.32
-7.42
-1.53
4.37
10.26
30.00
-7.31
-0.87
5.56
11.99
18.42
BU.
QUANTITY OF
WHEAT
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 01/16/84. B-1241(C 4)
JF=*s
WHEAT, DRYLAND. TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CATEGORY
1. GROSS RECEIPTS
WHEAT
WHEAT PASTURE
DEFICIENCY PMT.
TOTAL PROJECTED RETURNS
PROJECTED
YIELD
UNIT
$
$
3.75
3.00
2.56
1.54
0.77
1.27
2. 16
2.45
0.25
17.75 $
$
12.50
1.44
13.94 $
3.20
0.23
1.15
BU.
DOL.
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
DOL.
ACRE
7,.50
0,.15
ACRE
$
31.69 $
$ -0. 23/BU
WHEAT
3. INCOME ABOVE VARIABLE COSTS
ACRE
$
41.21 $
4. FIXED COSTS
DEPREC..INTEREST,TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND---NET SHARE-RENT
TOTAL FIXED COSTS
ACRE
ACRE
ACRE
ACRE
$
4.40
4.87
23.58
32.85 $
5. TOTAL PROJECTED COSTS
ACRE
$
64.54 $
$ 2 . 50/BU
WHEAT
ACRE
$
INPUT USE
0.50
20.00
0.43
0.70
2.09
1.00
12.00
TOTAL VARIABLE COSTS
BREAK-EVEN PRICE, VARIABLE COSTS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
BU.
DAYS
BU.
YOUR
ESTIMATE
38.40
20.70
13.80
72.90 $
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
EQUIPMENT
OPERATING CAPITAL
SUBTOTAL, PREHARVEST
HARVEST COSTS
CUST HARV WHEAT
CUSTOM HAUL
SUBTOTAL, HARVEST
12.00
90.00
12.00
PROJECTED
VALUE
$/UNIT
ACRE
BU.
ACRE
5,.00
3,.50
0 . "120
12,.50
0,.12
8.36 $
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.
i ^ N
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 01/16/84
B-124KC 4)
WHEAT, DRYLAND, TEXAS HIGH PLAINS IV REGION
1984 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 . 11 0
0 . 11 0
0.106
0.106
1 .42
1.42
1.20
0.30
0.73
0.73
0.70
0.0
0.0
0.0
3.75
0.0
2.27
2.27
2.15
0.70
4.42
4.42
7.81
1.01
0.432
0.433
4.35
2.16
3.75
7.39
17.65
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)
2.56
2.88
3.20
3.52
3.84
9.60
6.71
8.77
10.83
12.88
14.94
10.80
9.60
11.91
14.23
16.54
18.86
12.00
12.48
15.05
17.63
20.20
22.77
13.20
15.37
18.20
21.03
23.86
26.69
14.40
18.25
21.34
24.43
27.52
30.60
BU.
QUANTITY OF
WHEAT
151 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
ALFALFA ESTAB., IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
C AT E G O RY
1. GROSS RECEIPTS
PROJECTED
YIELD
UNIT
TOTAL PROJECTED RETURNS
YOUR
ESTIMATE
PROJECTED
$/UNIT
VALUE
$
0.0
$
2. V A 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
♦ 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 1 7 . 0 0
FUEL & LUBE—TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C T O R
EQUIPMENT
IRRIGATION
LABOR
MACHINERY
0.92
I R R I G AT I O N 0 . 8 5
EQUIPMENT 0.42
O P E R AT I N G C A P I TA L 5 1 . 3 4
SUBTOTAL, PREHARVEST
HARVEST COSTS
SUBTOTAL, HARVEST
LB.
LB.
LB.
ACRE
ACIN
ACRE
ACRE
ACRE
ACRE
ACRE
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
5.00
5.00
3.50
0.120
$
ACRE
$
ACRE
$
3 . INCOME ABOVE VARIABLE COSTS
ACRE
$ -151.72 $
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
$
9.30
5.82
60.00
18.78
93.90 $
5. TOTAL PROJECTED COSTS
ACRE
$
245.62 $
6 . NET PROJECTED RETURNS
ACRE
$ -245.62 $
TOTAL VARIABLE COSTS
1.70
0.23
0.21
2.20
60.00
1.10
37.40
4.60
21.00
2.20
5.77
0.93
51.68
1.79
2.23
7.65
4.60
4.25
1.47
6. 16
151.72 $
0.0
$
151.72 $
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.
151
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
ALFALFA ESTAB.. IRRIGATED. TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
MACH
MACHINERY ITEM OPER TIMES LABOR MACHINE OPER LABOR
OPERATION NO. MONTH OVER HOURS HOURS COSTS COSTS
MLBD ROLLOVER
PACKER
TANDEM DISC
GRAIN DRILL
GRAIN DRILL
2,,46
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. 432
0.,206
0. 158
0.,106
0.,106
6.03
0.03
1.91
1.36
0.30
2.85
0.0
1.04
0.70
0.0
0.0
0.0
0.0
37.40
0.0
8,.30
0,.09
2,.77
2 .12
0 .70
17,.19
0,.12
5,.73
41,.57
1,.01
0.919
1.009 9.64
4.60
37.40 13.99
65.62
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
APPL. IRRIG
INPUT FIXED
COSTS COSTS
TOTAL
IRRIG
COSTS
7.73
5.52
5.52
33 .91
24,.22
24..22
APPL. ACRE LABOR
MONTH INCHES HOURS
AUG
SEPT
NOV
7.00
5.00
5.00
APPL. MACH TOTAL
INPUT FIXED OPER.
COSTS COSTS COST
0.350
0.250
0.250
0.0
0.0
0.0
17.00 0.850 0.0
24.43
17.45
17.45
1.75
1.25
1.25
0.0
0.0
0.0
59.33 4.25 0.0 18.78 82.36
'**%,
152
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
ALFALFA, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER ACRE
CENTER PIVOT SYSTEM
CATEGORY
PROJECTED
YIELD
UNIT
GROSS RECEIPTS
ALFALFA HAY
TOTAL PROJECTED RETURNS
2 . VARIABLE COSTS
PREHARVEST COSTS
♦PHOSPHATE
FERTILIZER APPLI
IRRIGATION WATER
5.00
PROJECTED
VALUE
$/UNIT
TON
70.00
350.00
350.00
$
YOUR
ESTIMATE
$
INPUT USE
100.00
1.00
34.00
FUEL & LUBE—TRACTOR
EQUIPMENT
IRRIGATION
R E PA I R S T R A C TO R
EQUIPMENT
IRRIGATION
LABOR
MACHINERY
IRRIGATION
EQUIPMENT
OPERATING CAPITAL
LB.
ACRE
21.00
2.20
0.21
2.20
ACIN
ACRE
$
0.0
1.08
103.36
0.0
0.18
15.30
0.0
8.50
1.71
3.99
157.32
$
ACRE
$
0.0
$
ACRE
$
157.32
$
ACRE
ACRE
ACRE
ACRE
0.0
1.70
0.49
33.27
SUBTOTAL, PREHARVEST
HARVEST COSTS
SUBTOTAL, HARVEST
TOTAL VARIABLE COSTS
ACRE
HOUR
HOUR
HOUR
DOL.
ACRE
5.00
5.00
3.50
0.120
BREAK-EVEN PRICE, VARIABLE COSTS $ 31.46/TON ALFALFA HAY
3.
# ^
INCOME
ABOVE
VA R I A B L E
COSTS
4 . FIXED COSTS
DEPREC..INTEREST,.TAXES & INSUR.
TRACTOR
EQUIPMENT
LAND-CASH RENT
1.00
IRR EQUIP (50%)
34.00
PRORATED ESTABL.
245.62
TOTAL FIXED COSTS
TOTAL PROJECTED CO!5TS
BREAK-EVEN PRICE, TOTAL COSTS
6. NET PROJECTED RETURNS
ACRE
ACRE
ACRE
ACRE
ACIN
DOL.
ACRE
$
60., 0 0
1., 1 0
0.,14
ACRE
192.68
$.
$
0.0
1.32
60.00
37.57
35.09
133.97 $
$
291.30 $
$ 5 8 . 2 6 / TO N A L FA L FA H AY
ACRE
$
58.70
$
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.
JffiSSy
152
PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 01/16/84. B-1241(C 4)
ALFALFA, IRRIGATED, TEXAS HIGH PLAINS IV REGION
1984 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
0.0
0.0
APPL. MACH
INPUT FIXED
COSTS COSTS
0.0
IRRIG
SYSTEM OPER. LABOR
HOURS COSTS COSTS
0.0
0.0
APPL. IRRIG
INPUT FIXED
COSTS COSTS
2.00
2.00
2.00
4.00
6.00
6.00
6.00
6.00
0.100
0.100
0.100
0.200
0.300
0.300
0.300
0.300
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
0.50
0.50
0.50
1.00
1.50
1.50
1.50
1.50
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
34.00
1.700
0.0
118.66
8.50
0.0
TOTAL
OPER.
COST
2.21
2.21
2.21
4.42
6.63
6.63
6.63
6.63
0.0
TOTAL
IRRIG
COSTS
9.69
9.69
9.69
19.38
29.07
29.07
29.07
29.07
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)
56.00
63.00
70.00
77.00
84.00
4.00
66.68
94.68
122.68
150.68
178.68
4.50
94.68
126.18
157.68
189.18
220.68
5.00
122.68
157.68
192.68
227.68
262.68
5.50
150.68
189.18
227.68
266.18
304.68
6.00
178.68
220.68
262.68
304.68
346.68
TON
QUANTITY OF
ALFALFA HAY
LISTING OF THE NAME SET AND PRICE VECTOR REGION NUMBER: If DATE: 011784
j«P\,
CODE ITEM NAME
NMOD
UNIT
PRICE
6 STOCKER STEERS
8 FEEDER STEERS
13 STEER CALVES
}k HEIFER CALVES
17 CULL COWS
70 DEFICIENCY PMT.
71 DEFICIENCY PMT.
73 GRAIN SORGHUM
76 WHEAT
81 ALFALFA HAY
90 DEFICIENCY PMT.
93 COTTON LINT
Sk COTTONSEED
103 SALT 6 MIN.
107 COTTONSEED CAKE
146 DEATH LOSS
153 PASTURE RENT
170 HAY
177 RANGE IMPROVEMEN
179 WHEAT PASTURE
181 SEED WHEAT
186 GRAIN SORG. SEED
188 ALFALFA SEED
211 NITROGEN
215 PHOSPHATE
218 INSECTICIDE
219 HERBICIDE
269 CUST HARV WHEAT
270 CUST HARV SORG D
274 CUSTOM HAUL
275 CUSTOM HARV&HAUL
291 SD COTTON-UPLAND
330 FERTILIZER APPLI
392 MARKETING
393 MISC EXPENSE
395 FENCE REPAIR
396 WATER FACIL REPR
397 BARN REPAIR
409 VET 6 PROCESSING
410 VET MEDICINE
441 GIN,BAG. TIES
451 HAIL INSURANCE
462 PRORATED ESTABL.
465 IRRIG. EQUIP.
466 IRR EQUIP (50%)
485 HAULING & MKTG.
509 HERBICIDE
514 CUSTOM HAUL
516 CUSTOM HAUL
CWT.
CWT.
CWT.
CWT.
CWT.
WHET BU.
SORG CWT.
CWT.
BU.
TON
COTT LB.
LB.
TON
LB.
LB.
DOL.
ACRE
BALE
ACRE
DAYS
BU.
LB.
LB.
LB.
LB.
APPL
LB.
ACRE
ACRE
CWT.
CWT.
LB.
ACRE
LIVE DOL.
LIVE DOL.
HEAD
HEAD
HEAD
DOL.
LIVE DOL.
CWT.
DOL.
7 YR DOL.
CPIV ACIN
CPIV ACIN
STOC CWT.
COTT ACRE
WHET BU.
SORG CWT.
70.00
63.00
75.75
61.25
36.50
1.15
0.82
4.70
3.20
70.00
0.18
0.55
110.00
0.07
0.10
280.00
2.25
2.00
0.64
0.23
7.50
0.50
1.70
0.23
0.21
4.50
7.00
12.50
10.00
0.25
1.75
0.45
2.20
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
1 ■ HEAD 6 * BALE
2
3
4
5
«
=
0
»
BU.
TON
DOZ.
GAL.
7 =
8 =
9 »
10 -
ACRE
HOUR
DAYS
AUM
11
12
13
14
= ACIN
= LB.
= PINT
= QT.
15 - DOL.
16 = CWT.
17 - OZ.
18 0 MILE
E
NMOD UNIT PRI C
ITEiVI NAME
CODE
•
•
oo—
orrr•o—
ro0v 1II
FEET
APPL
SQFT
LBGN
23
24
25
26
= CRTN 27 = CRAT 28 «
<= BAGS 29 » TREE 30 =
EJHCH
GIM
J
KVm
Ml:f
TABLE . DEFAULT PARAMETER VALUES AND DEFINITIONS
R E G I O N : 4 D AT E : 0 11 7 8 4
ROW
PARAMETER DEFINITION
sm^
DEFAULT VALUE
1. PRICE PER GALLON OF GASOLINE
1.0500
2. PRICE PER GALLON OF L.P. GAS
0.6500
3. PRICE PER GALLON OF DIESEL
1.0000
4. PRICE PER KILOWATT HOUR OF ELECTRICITY
0.0400
5. PRICE PER 1000 CU. FT. OF NATURAL GAS
0.0
6. NOMINAL INTEREST RATE
0.1200
7. MACHINERY INSUR. RATE (AVERAGE INVESTMENT)
0.0100
8. MACHINERY TAX RATE (PURCHASE VALUE)
0.0
9. IRRIGATION SYSTEM NUMBER
1.
10. HOURLY MACHINERY WAGE RATE
5.00
11. HOURLY OTHER LABOR WAGE RATE
3.50
•**3%v
12. HOURLY IRRIG./LIVESTOCK WAGE RATE
5.00
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)
0.0
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
0.1000
23- INFLATION RATE
0.0
24. LUBRICATION COST MULTIPLE OF EQUIPMENT
FUEL COSTS
0.0500
<**%
L I S T I N G O F E C O N O M I C A N D E N G I N E E R I N G D ATA F O R M A C H I N E R Y I N R E G I O N 4
MACHINE
TRACTOR
TRACTOR
TRACTOR
TRACTOR
TRACTOR
TRACTOR 4 WH OR
ROLLING CULT
CULTIVATOR SR
LISTER-PLNTSR
BED PLANTERSR
TANDEM DISC
TANOEM DISC
MLBD ROLLOVER
MOLDBOARD 8B
SANO FIGHTER
PACKER
LISTER SR
SHREDDER 2R
SHREODER 4R
GRAIN DRILL
HERB SPR/DISC
/fSN
00^\
1
2
CODE WIDTH
NO.
(FT)
3
LIST
PRICE
1 . 1BO.O
2. 126.0
3. 100.0
4.
7S.0
B.
40.0
B. 2 2 6 . 0
31 .
26. 6
34.
26.6
37.
26.6
39.
26.6
40.
14.0
41 .
20.0
48.
B.3
47.
8.0
B1 .
22. B
S3.
A.3
B6.
26.6
BB.
6.6
B7.
13.3
BB.
13.6
61 .
14.0
S02S0.
43778.
3740O.
24S00.
14428.
79878.
4SOO.
S200.
S2SO.
4S00.
4800.
7SOO.
BSOO.
6000.
1000.
SSO.
2800.
1200.
3BOO.
4400.
680.
4
5
6
SPEED F I E L D RC1
(MPH)
E F F.
4.6
4.8
4 .6
4.S
4.8
4.6
3.8
3.8
4.8
4.8
4 .6
4.8
4.8
4.6
8.0
S.O
4.6
3.7
3.7
4.0
4.6
0.86
0.88
O.SS
0.86
O.SS
O.SS
O.SO
0.7S
0.80
0. 60
0.S3
0.83
0.80
0.80
O.SO
0.80
O.SO
0.80
O.SO
0.72
0.83
1 .20
1 .20
1 .20
1 .20
1 .20
1 .20
1 .00
1 .00
1 .00
0.80
0.66
0.66
1 .00
1 .00
1 .00
0.60
1 .00
o.eo
0.60
0.7B
O.BB
7
AGE
(HRS)
0.
0.
0.
0.
0.
0.
0.
0.
0.
O.
0.
O.
O.
0.
0.
0.
0.
O.
O.
O.
0.
6
RC3
1 .60
1 .60
1 .60
1 .60
1 .60
1 .60
1 .80
1 .80
1 .80
1 .60
1 .SO
1 .SO
1 .30
1 .30
1 .SO
1 .80
1 .SO
1 .SO
1 .SO
1 .SO
1 .60
O AT E : 0 11 6 S 4
9
ANNUAL
HRS
IO
YEARS
OWNED
11
RFV1
12
RFV2
13
14
16
PURCH FUEL L I F E
PRICE TYPE! (HRS)
BOO.
600.
800.
300.
SOO.
600.
200.
100.
160.
100.
200.
200.
200.
100.
100.
200.
ISO.
126.
128.
120.
100.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
7.
0.66
O. 66
0.68
O. 68
0.68
0.68
0.60
0. 60
0. 60
0. 80
0. 80
0.60
O. 60
0. 60
0.60
0.60
0. 60
0.60
0. 60
O.BO
0.60
0.92
0.92
0.92
O.S2
0.92
0.92
O.SS
O.SS
O.SS
O.S8
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
O.SS
46228.
39400.
33660.
22080.
12BSO.
71S90.
4600.
4700.
4760.
4080.
4260.
7200.
S900.
4BOO.
900.
4SO.
2200.
11 0 0 .
3300.
4000.
BOO.
3.
3.
3.
3.
3.
3.
O.
O.
o.
o.
o.
o.
o.
o.
0.
0.
0.
o.
0.
0.
o.
16
HP
12000. ISO.
12000. 126.
1 2 0 0 0 . IOO.
12000.
78.
12000.
40.
12000. 2 2 6 .
2000.
0.
2000.
0.
2000.
0.
1200.
0.
20OO.
0.
20O0.
0.
2000.
0.
2000.
O.
7SO.
O.
2000.
O.
2000.
O.
2000.
O.
2000.
O.
lOOO.
30.
2000.
0.
B-124KL 4)
TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM
Zerle
L.
Carpenter,
Director
College
Station,
Te x a s
-jf^V
TEXAS LIVESTOCK ENTERPRISE BUDGETS
TEXAS HIGH PLAINS IV REGION
Projected for 1984
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
egardless of socio-economic level, race, color, sox, religion or national origin.
people
of
all
ages
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 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
United States Department of Agriculture cooperating. Distributed in furtnorance of the Acts of Congress
of May S, 19t4, as amended, and June 30, 19 14.
ISO
•
1-64,
Nom
ECO
7-2
191 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 12/21/83
J^N
B-1241(L 4)
COW-CALF BUDGET TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER HEAD
300 COW HERD. JAN-FEB-MAR CALVING
INVESTMENT REQUIREME■NTS
PROJECTED
YOUR
NUMBER U N I T S I Z E
VALUE ESTIMATE
$/UNIT
BEEF COW RAISED
1,.00 H E A D 1 .00
475.00
475.00
BEEF BULL PURCH.
873.44
34.94
0 ,.04 H E A D 1 .00
BEEF HEIFER RAI.
0 ,.13 H E A D 1 .00
400.00
50.00
424.12
4.24
HORSE
0 ,.01 H E A D 1 .00
TOTAL LIVESTOCK INVESTMENT
$ 564.18 $
PRODUCTION
NUMBER
STEER CALVES
0 . 43
HEIFER CALVES
0 .,31
CULL COWS
0 . 11
TOTAL PROJECTED RETURNS
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
TOTAL OPERATING COST
WGT. TOTAL
EACH UNITS UNIT
5., 0 0 2 . 1 CWT.
4., 5 0
1 . 4 CWT.
9., 0 0
1 . 0 CWT.
INPUT USE
150.00
4.00
1.00
18.00
30.00
3.00
5.00
1.00
1.00
1.00
UNIT
LB.
BALE
DOL.
ACRE
LB.
DOL.
DOL.
HEAD
HEAD
HEAD
PROJECTED
RETURN
$/UNIT
75.75
162.86
61.25
85.44
36.13
36.50
$ 284.44 $
PROJECTED
$/UNIT
COST
0.10
15.00
2.00
8.00
1.00
1.00
11.52
0.64
0.07
2.10
1.00
3.00
5.00
1.00
2.70
2.70
1.30
1.30
1.55
1.55
3.09
0.89
55.15 $
$
RESIDUAL RETURNS TO LAND, LABOR., CAPITAL, OWNERSHIP,
MANAGEMENT, AND PROFIT
CAPITAL INVESTMENT
ANNUAL' OPERATING CAPITAL
EOUIPMENT INVESTMENT
LIVESTOCK INVESTMENT
TOTAL CAPITAL COST
QUANTITY UNIT RATE OF PROJECTED
INVESTED
RETURN
COST
8.69
DOL.
0.120
1.04
62.36
DOL.
0.120
7.48
564.18
DOL.
0.120
67.70
76.23 $
$
RESIDUAL RETURNS TO LAND, LABOR, OWNERSHIP, MANAGEMENT,
AND PROFIT
OWNERSHIP COSTS (DEPRECIATION. TAXES, AND INSURANCE)
EQUIPMENT
LIVESTOCK
TOTAL OWNERSHIP COST
RESIDUAL RETURNS TO LAND, LABOR, MANAGEMENT, AND PROFIT
EQUIPMENT
LIVESTOCK
TOTAL LABOR COST
$ 229.30 i.
1.46
6.40
RATE OF
RETURN
HOUR 3.50
HOUR 3.50
RESIDUAL RETURNS TO LAND, MANAGEMENT, AND PROFIT
153.07 $
PROJECTED
COST
10.64
14.34
$
24.98 $
$
128.09 $
PROJECTED
COST
5.12
22.40
$
27.52 $
$
100.57 $
PROJECTED
COST
56.,25
PA S T U R E
RENT
25.00
ACRE
56,,25 $
TOTAL LAND COST
$
44, 32 $
RESIDUAL RETURNS TO MANAGEMENT AND PROFIT
$
TOTAL PROJECTED COST OF PRODUCTION
$ 240..12 $
NATIVE RANGE, NO CREEP FEED, 86% CALF CROP, 12% REPLACEMENT RATE,
1% DEATH LOSS ON COWS, STOCKING RATE 25 ACRES/COW, 12 SECTION RANCH,
LAND COSTS
INPUT USE UNIT
$
RATE OF
RETURN
2.25
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
ANO DEVELOPED 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 12/21/83.
COW-CALF BUDGET TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER HEAD
SOO COW HERO, JAN-FEB-MAR CALVING
1
JAN
2
FEB
3
MAR
4
APR
6
MAY
6
JUN
7
JUL
8
AUG
9
SEP
IO
OCT
11
NOV
12
DEC
AVER. ANNUAL CAPITAL
1.36
2 . 18
2.32
2.47
2.68
3.69
(DOLLARS)
3.73
4.00
14.42
0 05
0.09
0.67
TOTAL
6.69
LABOR REOUIREMENTS
MACHINERY LABOR
EOUIPMENT LABOR
LIVESTOCK LABOR
O.O
0.12
O.88
0 .O
0 . 12
0 . 55
0.0
0. 12
O.BO
0.0
0. 12
0.50
0.0
0. 12
O.BO
O.O
0. 12
0. 65
(HOURS)
O.O
O.O
0. 12
O. 12
0.66
O.BO
O.O
0.12
O.SO
0 0
0 12
0 SO
O.O
0.12
O.SO
O.O
0. 12
0.50
TOTAL
O.O
1 .46
6. 40
0.67
0 . 67
0.62
0.62
0.62
0.77
O.B2
0 62
O. 62
0.62
7.66
TOTAL LABOR
EOUIPMENT FIXED ANO VARIABLE
EOUIPMENT
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS « EOUIPMENT
PICKUP TRUCK
BEEF COW RAISED
BEEF BULL PURCH.
BEEF HEIFER RAI.
HORSE
COOE DEPR
1
2
3
4
8
6
10
81
B4
SB
98
4O.O0
26O.O0
SO.OO
28O.O0
45.00
125.00
1057.14
O.O
134.37
O.O
BO. 28
I N T.
INS.
26 . 4 0
184 . 6 0
33 .OO
168 .OO
29 . 7 0
1B7 . 8 0
7B9 . 4 3
87 . 0 0
104 . 8 1
46 . 0 0
SO . 6 6
2.20
15.40
2.76
13.75
2.48
13. 13
63.29
4.78
8.73
4.00
4.24
TAX
O.O
O.O
O.O
O.O
O.O
O.O
0.0
2.37
4.37
2.00
2. 12
0.77
0.82
EOSTS PER YEAR
R E PA I R F U E L
2.00
0.0
11 .20
O.O
2.00
O.O
12.80
O.O
4.80
O.O
6.26
O.O
252.OO 1470.OO
O.O
0.0
0.0
O.O
O.O
0.0
O.O
0.0
HOURS
LABOR
ALLOC
(.X)
0
88 BO
2 OO
O.B7
0
480 2 0
11 2 0
0.67
0
85 78
2 .OO
0.67
0
428 78
12 SO
0.67
0
7 7 17
4 SO
0.67
0
295 B2
6.25
3.00
BO 1879 88 1795 . S O 7 0 0 . 0 0
0
64 12
0.0
0.0
0
282 29
0 .O
O.O
0
84 OO
O. 0
O.O
0
107 51
O. 0
O.O
O.OIO
O.OIO
O.OIO
O.OIO
O.OIO
O.OIO
0.002
I.OOO
0.040
0. 128
O.OIO
11
12
13
14
ANNUAL ANNUAL XXXXXX XXXXXX
LABOR
USB
IB
E F F.
LUB
0
0
0
0
0
0
73
0
0
0
0
TOTAL
OWN.
TOTAL
OPER.
SELECTED EOUIPMENT COMPLEMENT INFORMATION
EOUIPMENT
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS t EOUIPMENT
PICKUP TRUCK
BEEF COW RAISEO
BEEF BULL PURCH.
BEEF HEIFER RAI.
HORSE
1
2
3
4
COOE SIZE UNIT TYPE
NO.
1.
16. FEET
2.
24. FEET
3.
14. FEET
4.
ISO. GAL.
6.
1. OOL.
6 . 7BOO. FEET
IO.
1 . TON
61 .
1. HEAO
64.
1. HEAD
86.
1. HEAD
98.
1. HEAO
2.
2
2
2
2
2
2
1
1
1
1
6
LIST
PRICE
6
PURCH
PRICE
400.
2 SOO.
800.
1280.
480.
2800.
10600.
475.
1075.
400.
600.
400.
2600.
BOO.
2BOO.
4BO.
2BOO.
9 SOO.
475.
107B.
400.
600.
7
8
L I F E S A LV.
(YRS) (XLP)
IO.
10.
10.
IO.
10.
20.
7.
6.
4.
IO.
a.
0.0
O.O
O.O
O.O
O.O
0.0
0.20
1 .OO
O.BO
1 .OO
0.33
9
10
REPAIR FUEL
(XLP) USE
0.06
0.0
0.04
0.0
0.04
0.0
O. IO
0.0
O.IO
0.0
O.OB
0.0
0.17 1400.0
O.O
0.0
0.0
0.0
O.O
0.0
0.0
0.0
0.7
0.7
0.7
0.7
0.7
3.0
700.0
O.O
O.O
O.O
0.0
O
O
0
O
0
0
0
0
0
0
0
O
O
O
O
0
0
0
0
0
0
0
0.0
O.O
O.O
O.O
O.O
O.O
0.0
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
0.0
O.O
1 .OO
0.0
0.0
O.O
O.O
O.O
0.0
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
O.O
■^S.
192 PROJECTIONS FOR PLANNING PURPOSES ONLY
NOT TO BE USED WITHOUT UPDATING AFTER 12/21/83,
B-1241(L 4)
STOCKER CALF BUDGET TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER HEAD
PURCHASE NOV 1, SELL MARCH 10
INVESTMENT REQUIREME■NTS
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
OPERATING INPUTS
STOCKER STEERS
DEATH LOSS
WHEAT PASTURE
HAY
VET & PROCESSING
SALT & MIN.
MISC EXPENSE
HAULING & MKTG.
FENCE REPAIR
EQUIPMENT FUEL AND LUBE
EQUIPMENT REPAIR
TOTAL OPERATING COST
WGT. TOTAL
EACH UNITS UNIT
6.00
6 . 0 CWT.
INPUT USE
4.00
0.03
130.00
4.00
5.00
8.00
4.00
6.00
1.00
UNIT
CWT.
DOL.
DAYS
BALE
DOL.
LB.
DOL.
CWT.
HEAD
PROJECTED
YOUR
VALUE ESTIMATE
$/UNIT
424.12
0.42
0.42 $
$
PROJECTED
RETURN
$/UNIT
378.OO
63.00
$ 378.00 *
PROJECTED
COST
$/UNIT
70.00
280.00
8.40
280.00
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
$ 344.89 $
RESIDUAL RETURNS TO LAND, LABOR, CAPITAL, OWNERSHIP,
MANAGEMENT, AND PROFIT
CAPITAL INVESTMENT
ANNUAL OPERATING CAPITAL
EQUIPMENT INVESTMENT
LIVESTOCK INVESTMENT
TOTAL CAPITAL COST
QUANTITY
INVESTED
104.75
9.71
0.42
UNIT
DOL.
DOL.
DOL.
RATE OF
RETURN
0.120
0.120
0.120
RESIDUAL RETURNS TO LAND, LABOR, OWNERSHIP, MANAGEMENT,
AND PROFIT
OWNERSHIP COSTS (DEPRECIATION, TAXES, AND INSURANCE)
EQUIPMENT
LIVESTOCK
TOTAL OWNERSHIP COST
$
33.11 $
PROJECTED
COST
12.57
1. 17
0.05
13.79 $
$
$
19.33 $
PROJECTED
COST
1.77
0.06
$
1.83 $
RESIDUAL RETURNS TO LAND. LABOR, MANAGEMENT, AND PROFIT
$
OPERATOR LABOR COSTS
PROJECTED
COST
2.46 __
5.25 __
$ 7.71 $_
EQUIPMENT
LIVESTOCK
TOTAL LABOR COST
LABOR USE UNIT RATE OF
RETURN
0.70 HOUR 3.50
1.50 HOUR 3.50
17.50 $
RESIDUAL RETURNS TO LAND. MANAGEMENT, AND PROFIT
$
9.,79 $
RESIDUAL RETURNS TO MANAGEMENT AND PROFIT
$
9,.79 $
TOTAL PROJECTED COST OF PRODUCTION
$
368,.21 $
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 SUIOE ANO IS NOT INTENOED 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 12/21/63.
STOCKER CALF BUDGET TEXAS HIGH PLAINS IV REGION
1984 PROJECTED COSTS AND RETURNS PER HEAO
PURCHASE NOV 1, SELL MARCH 10
2
FEB
4
APR
6
MAY
AV E R . A N N U A L C A P I TA L 2 7 . 3 3 2 6 . 0 8
LABOR REOUIREMENTS
MACHINERY LABOR
EOUIPMENT LABOR
LIVESTOCK LABOR
TOTAL LABOR
0 ., 0
0 ., 16
0 ., 3 4
O,,o
0., 15
0,, 3 3
0.49
0.46
6
JUN
0.00
7
JUL
O.OO
O.OO
9
SEP
(OOLLARS)
0.00
O.OO
O.OO
O.OO
O.OO
EOUIPMENT FIXED AND VARIABLE COSTS PER YEAR
EOUIPMENT
CODE
HAYRACK-FEEDER
STOCK TRAILER
STOCK SPRAYER
TACK
PICKUP TRUCK
HORSE
DBPR
I N T.
INS.
TA X
1
40.OO
26.40
2.20
2 280.00 184.60 15.40
4 250.OO 16S.OO 13.75
6
45.OO
29.70
2.48
IO 1087.14 789.43 63.29
98
80.26
60.89
4.24
R E PA I R
FUEL
2.00
O.O
11 .20
O.O
12.50
O.O
4.50
0.0
282.00 1470.00
O.O
O.O
IO
OCT
11
NOV
12
DEC
TOTAL
26.35 104.76
0.23 2B.BS
(HOURS)
O.O
O ,, 0
0 . OO O ,.OO
0.0
O .. 0
O.O
O.OO
0.19
6
AUG
LUB.
0 ,. 0
o .oo
o.. 0
o.o
O.OO
o.o
o.,©
o,, 15
o., 3 8
0 .. 0
0 ,, IB
0 ,,34
TOTAL
0.0
0.70
1 .50
O.OO
0,OO
O.BS
0.49
2.20
TOTAL
OWN.
T O TA L H O U R S
OPER. LABOR
O.O
68.60
2.00
O.O
460.20
11 .20
O.O
428.78
12.50
O.O
77. 17
4. BO
7 3 . 5 0 1 8 7 9 . 8 6 1796.SO
O.O 107.61
O.O
0.87
O.B7
0.67
0.67
700.OO
O.O
ALLOC
(.X)
OOI
OOI
,001
OOI
OOI
OOI
SELECTED EOUIPMENT COMPLEMENT INFORMATION
EOUIPMENT
HAYRACK-FEEDER
STOCK TRAILER
STOCK SPRAYER
TACK
PICKUP TRUCK
HORSE
1
COOE
NO.
1.
2.
4.
8.
10.
95.
2
3
i
4
5
s i z e UNIT TYIPE LIST
PRICE
16.
24.
180.
1.
1.
1.
FEET
FEET
6AL.
OOL.
TON
HEAD
2
2
2
2
2
1
PURCH
PRICE
400.
400.
2800. 28O0.
1260. 2800.
450.
450.
10500. 9500.
BOO. 600.
7
8
9
IO
L I F E S A LV. R E PA I R F U E L
(YRS) (XLP) (XLP) USE
10.
10.
10.
7.
OS
,04
O.O
0.20
, IO
, IO
, 17
O.O
1400.0
O.O
11
12
13
14
ANNUAL ANNUAL XXXXXX XXXXXX
LABOR USE
0.7
0.7
0.7
0.7
700.0
O.O
O.O
O.O
O.O
0.0
O.O
0.0
18
EFF.
0.0
O.O
O.O
o.o
1 .oo
o.o
o.o
0.0
LISTING OF ECONOMIC AND ENGINEERING DATA FOR EOUIPMENT IN REGION
1
EOUIPMENT NAME
HAYRACK-FEEDER
STOCK TRAILER
GRAIN TRAILER
STOCK SPRAYER
TACK
PENS S EOUIPMENT
FARROWING HOUSE
NURSERY
FINISHING FLOOR
PICKUP TRUCK
MILL S STORAGE
WATER SYSTEM
BEEF COW RAISED
BEEF BULL PURCH.
BEEF HEIFER RAI.
SOW PURCHASED
BOAR PURCHASEO
HORSE
2
3
S
LIST
CODE S I Z E UNIT T Y P E P R I C E
1.
1 6 . 19 .
2.
2 4 . 19 .
3.
1 4 . 19.
4.
ISO.
S.
5.
1. IS.
6 . 7SOO. 19.
7.
491 . 21 .
6.
171 . 21 .
9 . 12SO 21 .
10.
3.
11.
IS.
12.
15.
51 .
1.
54.
1.
SB.
1.
72.
1.
74.
0
1.
96.
1
1.
4
2
2
2
2
2
2
2
2
2
2
2
2
6
PURCH.
PRICE
400.
400.
2S00.
2800.
SOO.
500.
1250.
2S00.
4S0.
450.
2500.
2500.
4 S 5 S 0 . 4SSB0.
3 4 5 O 0 . 34SOO.
S1620. 81620.
lOSOO.
SSOO.
2500.
26O0.
1667.
1667.
475.
47S.
1075.
1075.
400.
400.
ISO.
150.
SOO.
SOO.
SOO.
600.
7
S
L I F E SALV
(YRS) (XLP
10.
10.
10.
10.
10.
20.
10.
10.
10.
7.
10.
10.
S.
4.
10.
2.
2.
6.
0
0
0
0
.
.
.
.
0
0
0
0
o.o
0.0
o.o
0.0
0.0
0.20
o.o
0.0
1 .oo
O.SO
1 .00
O.SO
0. IS
0.33
DATE :'1221 S3
REPAIR FUEL
(XLP) USE
OB
04
04
10
10
05
01
01
01
17
01
Ol
O
o
o
o
o
o
0.0
o.o
o.o
o.o
0.0
0.0
o.o
o.o
0.0
1400.0
0.0
0.0
o.o
0
0
0
0
.
.
.
.
0
0
0
0
o.o
11
12
13
14
ANNUAL ANNUAL
LABOR USE XXXXXX XXXXXX
0.7
0.7
0.7
0.7
0.7
3.0
30.O
23.O
38.0
700.0
S.O
S.O
O.O
O.O
o.o
o.o
o.o
o.o
O.O
O.O
O.O
O.O
O.O
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
o.o
o.o
O.O
O.O
O.O
O.O
O.O
O.O
0.0
o.o
o.o
o.o
0.0
0.0
0.0
0.0
0.0
0.0
1.oo
o.o
o.o
o.o
o.o
o.o
o.o
o.o
o.o
o.o
o.o
o.o
o.o
O.O
0.0
0.0
o.o
16
E F F.
o.o
o.o
o.o
o.o
o.o
o.o
0.0
o.o
o.o
o.o
o.o
0.0
o.o
o.o
o.o
o.o
o.o
o.o