258 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-1241(C 6) COTTON. IRRIGATED TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R MOLDBOARD 6B CHISEL TANDEM DISC HERB SPR/DISC LISTER 6R ROLLING CULT LISTER-PLNT6R SAND FIGHTER ROLLING CULT CULTIVATOR 6R CULTIVATOR 6R COTTON STR/BSK MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 5.56 2.47 2,44 3,40 61 3,54 3,30 3,36 3,51 3,30 2.33 2.33 3.64 JAN JAN JAN FEB FEB APR APR MAY JUNE JUNE JULY AUG NOV 1.00 0.50 0.50 1.00 1.00 1.00 1.00 1.40 1.00 1.00 1.00 2.00 1.00 TOTALS IRRIGATION APPLICATION 0.557 0.189 0.066 0.208 0.0 0.151 0.194 0.212 0.076 0.194 0.207 0.415 0.880 0.422 0.143 0.050 0.158 0.158 0 . 11 5 0.147 0.160 0.057 0.147 0.157 0.314 0.666 3.350 2.696 APPL. ACRE LABOR MONTH INCHES HOURS WATER APPLICATION WATER APPLICATION WATER APPLICATION APR JULY AUG TOTALS 1.37 1.74 0.63 1.47 0.01 0.99 1.40 1.53 0.54 1.40 1.76 3.52 8.67 2.79 0.95 0.33 1.04 0.0 0.76 0.97 1.06 0.38 0.97 1.04 2.07 4.40 25.05 16.75 APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 4.65 0.0 0.0 3.32 0.0 0.99 0.0 2.95 6.00 0.16 1.86 0.0 2.59 0.0 8.00 3.22 0.0 0.93 0.0 2.59 0.0 3.36 0.0 6.71 44.62 15.21 8.80 6.01 1.95 5.46 6.17 3.61 4.97 13.81 1.85 4.97 6. 16 12.31 72.91 58.62 48.55 148.97 IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS APPL. IRRIG INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS 6.00 4.00 4.00 0.600 0.400 0.400 4.023 2.682 2.682 18.68 12.45 12.45 3.00 2.00 2.00 0.0 0.0 0.0 13.32 8.88 8.88 35.00 23.33 23.33 14.00 1.400 9.387 43.59 7.00 0.0 31 .07 81.66 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 66 420.00 37.66 54.98 72.31 89.63 106 96 472.50 62.09 81.58 101.07 120.56 140 05 525.00 86.51 108.17 129.83 151.48 173 14 577.50 110.94 134.76 158.59 182.41 206 23 630.00 135.37 161.36 187.35 213.33 239 32 LB. QUANTITY OF COTTON LINT 259 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-1241(C 6) SORGHUM, DRYLAND TEXAS ROLLING PLAINS II 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 MISC EXPENSE FERT (N) APPL'D FERT (P) APPL'D 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 20.00 20.00 PROJECTED VALUE $/UNIT CWT. CWT. 4.75 0.82 LB. DOL. LB. LB. ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.60 1.00 0.27 0.23 $ YOUR ESTIMATE 95.00 16.40 111 .40 $ INPUT USE 3.00 1.00 32.00 40.00 2.20 1.01 12.52 1.00 20.00 TOTAL VARIABLE COSTS $ 1.80 1.00 8.64 9.20 9.52 2.33 2.96 1.98 10.99 5.04 1.63 55.08 $ ACRE CWT. ACRE 12.00 0.25 $ 12.00 5.00 17.00 $ ACRE $ 72.08 $ 5.00 5.00 0.130 BREAK-EVEN PRICE, VARIABLE COSTS $ 2.78/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 $ 3 9 . 3 2 $ 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EQUIPMENT LAND---NET SHARE-RENT CROP INSURANCE 1.00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE 5. TOTAL PROJECTED COSTS ACRE BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS 3.00 $ 21.48 10.54 24.27 3.00 59.29 $ $ 131.38 $ $ 5.75/CWT. GRAIN SORGHUM ACRE $ -19.98 $ LAND (NET RENT) BASED ON 33% OF GROSS INCOME LESS 33% OF FERTILIZER, HARVEST HAULING AND CROP INSURANCE. 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. 259 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-1241(C 6) SORGHUM, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R TANDEM DISC MOLDBOARD 6B CHISEL TANDEM DISC LISTER-PLNT6R LISTER-PLNT6R SAND FIGHTER ROLLING CULT CULTIVATOR 6R CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 5,56 3,40 2,47 2,44 3,40 3,36 3,36 3,51 3,30 2,33 2,33 DEC JAN JAN FEB MAR APR MAY JUNE JUNE JUNE AUG TOTALS 1.00 1.00 0.30 0.70 1.00 1.00 1.20 1.00 1.00 1.00 1.00 0.557 0.206 0. 113 0.092 0.208 0.151 0.181 0.076 0.194 0.207 0.207 0.422 0. 158 0.086 0.070 0.158 0 . 11 5 0.137 0.057 0.147 0.157 0.157 2.197 1.665 1.37 1.47 1.05 0.88 1.47 1.09 1.31 0.54 1.40 1.76 1.76 2.79 1.04 0.57 0.46 1.04 0.76 0.91 0.38 0.97 1.04 S^$k APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 1 .04 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.65 2.95 1.99 1.38 2.95 2.30 2.76 0.93 2.59 3.36 3.36 8.80 5.46 3.61 2.73 5.46 4.15 4.98 1.85 4.97 6.16 6.16 14.10 1 0 . 9 9 0.0 29.22 54.31 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 16.00 -9.40 -4.31 0.78 5.88 10.97 18.00 -3.55 2. 18 7.91 13.64 19.37 20.00 2.31 8.68 15.04 21.41 27.77 22.00 8.17 15. 17 22.17 29.17 36.17 24.00 14.02 21.66 29.30 36.94 44.57 CWT. QUANTITY OF GRAIN SORGHUM NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. 260 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-1241(C 6) SORGHUM, IRRIGATED TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE /^s CATEGORY GROSS RECEIPTS GRAIN SORGHUM DEFICIENCY PMT. TOTAL PROJECTED RETURNS PROJECTED YIELD UNIT 50.00 50.00 VARIABLE COSTS INPUT USE PREHARVEST COSTS ♦GRAIN SORG. SEED 6.00 FERT (N) APPL'D 40.00 FERT (P) APPL'D 20.00 1.00 MISC EXPENSE INSECTICIDE 1.00 IRRIGATION WATER 14.00 FUEL & LUBE—TRACTOR EQUIPMENT IRRIGATION R E PA I R S T R A C T O R EOUIPMENT IRRIGATION LABOR MACHINERY 2.23 IRRIGATION 1 .40 1.12 EQUIPMENT OTHER 2.00 OPERATING CAPITAL 21 .49 SUBTOTAL. PREHARVEST HARVEST COSTS CUSTOM HARVEST 1.00 CUSTOM HAUL 50.00 SUBTOTAL, HARVEST TOTAL VARIABLE COSTS CWT. CWT. PROJECTED YOUR VALUE ESTIMATE $/UNIT 4.75 0.82 $ 237.50 41.00 278.50 $ LB. LB. LB. DOL. ACRE ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR HOUR DOL. ACRE 0.60 0.27 0.23 1.00 3.00 3.60 10.80 4.60 1.00 3.00 5.00 5.00 5.00 5.00 0.130 $ 9.75 2.59 40.25 3.03 2. 10 3.34 11.16 7.00 5.60 10.00 2.79 120.62 $ ACRE CWT. ACRE 12.00 0.25 $ 12.00 12.50 24.50 $ ACRE $ 145.12 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 2.08/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 3 3 . 3 8 $ _ 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EOUIPMENT IRRIGATION LAND—NET SHARE-RENT CROP INSURANCE 1.00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE ACRE 5. TOTAL PROJECTED COSTS ACRE BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS $ 21.85 11.05 31.07 76.76 3.00 143.74 $ $ 288.86 $ 3.00 $ 4.96/CWT. GRAIN SORGHUM ACRE $ -10.36 $ LAND (NET RENT) BASED ON 33% OF GROSS LESS 33% OF FERT, INSECT, HARVEST, HAUL, AND CROP INSURANCE. 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. 260 PROJECTIONS FOR PLANNING PURPOSES ONLY N O T T O B E U S E D W I T H O U T U P D AT I N G A F T E R 0 1 / 2 3 / 8 4 . B - 1 2 4 1 ( C 6 ) SORGHUM, IRRIGATED TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R MOLDBOARD 6B CHISEL TANDEM DISC LISTER-PLNT6R ROLLING CULT LISTER-PLNT6R SAND FIGHTER ROLLING CULT CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 5,56 2,47 2,44 3,40 3,36 3,30 3,36 3,51 3,30 2,33 FEB MAR MAR MAR APR MAY JUNE JUNE JUNE JULY 1.00 0.50 0.50 1.00 1.00 1.00 1.20 1.00 1.00 2.00 TOTALS IRRIGATION APPLICATION WATER APPLICATION WATER APPLICATION WATER APPLICATION 0.557 0.189 0.066 0.208 0.151 0.194 0. 181 0.076 0. 194 0.415 0.422 0.143 0.050 0.158 0 . 11 5 0.147 0.137 0.057 0.147 0.314 2.233 1 .691 APPL. ACRE LABOR MONTH INCHES HOURS APR JULY AUG TOTALS 1.37 1.74 0.63 1.47 1.09 1 .40 1.31 0.54 1.40 3.52 2.79 0.95 0.33 1.04 0.76 0.97 0.91 0.38 0.97 2.07 /^Wk APPL. MACH INPUT FIXED COSTS COSTS 0.0 0.0 0.0 0.0 0.0 0.0 3.60 0.0 0.0 0.0 TOTAL OPER. COST 4.65 3.32 0.99 2.95 2.30 2.59 2.76 0.93 2.59 6.71 8.80 6.01 1.95 5.46 4.15 4.97 8.58 1.85 4.97 12.31 1 4 . 4 8 11 . 1 6 3.60 29.80 59.04 IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS APPL. I R R I G INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS 6.00 4.00 4.00 0.600 0.400 0.400 4.023 2.682 2.682 18.68 12.45 12.45 3.00 2.00 2.00 0.0 0.0 0.0 13.32 8.88 8.88 35.00 23.33 23.33 14.00 1 .400 9.387 43.59 7.00 0.0 31.07 81.66 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT ■•WEcSf INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF GRAIN SORGHUM (DOLLARS) 3.80 4.27 4.75 5.22 5.70 40.00 -4.48 8.25 20.98 33.71 46.44 45.00 10.16 24.48 38.80 53.13 67.45 50.00 24.80 40.71 56.63 72.54 88.45 55.00 39.44 56.94 74.45 91 .95 109.46 60.00 54.08 73.18 92.27 111 . 3 7 130.46 CWT. QUANTITY OF GRAIN SORGHUM NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. 261 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-124KC 6) GUAR, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY GROSS RECEIPTS GUAR TOTAL PROJECTED RETURNS VARIABLE COSTS PREHARVEST COSTS ♦GUAR SEED MISC EXPENSE ♦HERBICIDE FUEL & LUBE—TRACTOR EQUIPMENT R E PA I R S T R A C T O R EOUIPMENT LABOR— MACHINERY EQUIPMENT OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS CUSTOM HARVEST CUSTOM HAUL SUBTOTAL, HARVEST PROJECTED YIELD UNIT 6.60 CWT. PROJECTED VALUE $/UNIT 1.00 $ YOUR ESTIMATE 6.60 6.60 $ INPUT USE 8.00 1.00 1.00 1.29 0.70 8.22 1 .00 6.60 TOTAL VARIABLE COSTS LB. DOL. ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.30 1.00 6.00 5.00 5.00 0.130 $ 2.40 1.00 6.00 6.81 1.62 2.20 1.41 6.44 3.50 1.07 32.44 $ ACRE CWT. ACRE 12.00 0.25 $ 12.00 1 .65 13.65 $ ACRE $ 46.09 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 6.98/CWT. GUAR 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 13.78 6.75 -2.33 18.20 $. 5. TOTAL PROJECTED COSTS ACRE 64.29 $ BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS $ -39.49 $ $ 9.74/CWT. GUAR ACRE $ -57.69 $ LAND CHARGE USES LANDLORD'S SHARE OF GROSS 33% LESS OF HARVEST AND HAUL. 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. 261 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84 B-124KC 6) GUAR, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION TANDEM DISC LISTER-PLNT6R HERB SPR/DISC SAND FIGHTER LISTER-PLNT6R ROLLING CULT CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 2,40 3,36 61 3,51 3,36 3,30 2,33 MAY MAY MAY MAY JUNE JUNE JULY TOTALS 2.00 1.00 1.00 2.00 1. 10 1.00 1.00 0.417 0.151 0.0 0.151 0.166 0.194 0.207 0.316 0 . 11 5 0.158 0 . 11 5 0.126 0.147 0.157 3.61 1.09 0.01 1.08 1.20 1.40 1 .76 0.76 0.83 0.97 1.04 1.287 1.133 10.17 6.44 2.08 0.76 0.0 APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 0.0 5.79 2.30 0.16 1.85 2.53 2.59 3.36 11 . 4 9 4.15 6.17 3.69 6.97 4.97 6.16 8 . 4 0 18.58 43.59 0.0 0.0 6.00 2.40 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 GUAR (DOLLARS) 0.80 0.90 1.00 1.10 1.20 5.28 -38.54 -38.18 -37.83 -37.47 -37.12 5.94 -38.29 -37.89 -37.50 -37.10 -36.70 6.60 -38.05 -37.61 -37.17 -36.72 -36.28 7.26 -37.81 -37.32 -36.83 -36.35 -35.86 7.92 -37.56 -37.03 -36.50 -35.97 -35.44 CWT. QUANTITY OF GUAR ■*s^f NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. /!a%s 262 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84. B-1241(C 6) GUAR. IRRIGATED TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY 1. GROSS RECEIPTS GUAR TOTAL PROJECTED RETURNS PROJECTED YIELD UNIT 15.00 2. VARIABLE COSTS INPUT USE PREHARVEST COSTS ♦GUAR SEED 8.00 MISC EXPENSE 1 .00 ♦HERBICIDE 1.00 IRRIGATION WATER 10.00 FUEL & LUBE—TRACTOR EOUIPMENT IRRIGATION R E PA I R S T R A C T O R EQUIPMENT IRRIGATION LABOR MACHINERY 1 .63 IRRIGATION 1.00 EQUIPMENT 1.40 OTHER 2.00 OPERATING CAPITAL 24.62 SUBTOTAL, PREHARVEST HARVEST COSTS CUSTOM HARVEST 1.00 CUSTOM HAUL 15.00 SUBTOTAL, HARVEST TOTAL VARIABLE COSTS PROJECTED VALUE $/UNIT CWT. 1.00 $ LB. DOL. ACRE ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR HOUR DOL. ACRE 0.30 1.00 6.00 ACRE CWT. ACRE 15.00 15.00 $ 2.40 1.00 6.00 8.73 3.23 28.75 2.82 2.09 2.39 8.15 5.00 7.00 10.00 3.20 90.76 $ 5.00 5.00 5.00 5.00 0. 130 $ 12.00 0.25 ACRE YOUR ESTIMATE $ 12.00 3.75 15.75 $ $ 106.51 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 7.10/CWT. GUAR INCOME ABOVE VARIABLE COSTS ACRE $ -91.51 $ FIXED COSTS DEPREC..INTEREST,TAXES & INSUR, TRACTOR EQUIPMENT IRRIGATION LAND NET SHARE-RENT TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE $ 17.42 10.80 22.20 -0.25 50.17 $ TOTAL PROJECTED COSTS ACRE $ 156.68 $ BREAK-EVEN PRICE, TOTAL COSTS NET PROJECTED RETURNS $ 10.45/CWT. GUAR ACRE $ -141.68 $ LAND CHARGE USES LANDLORD'S SHARE OF GROSS 33% LESS 33% OF HARVEST AND HAUL. 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. 262 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84 B-1241(C 6) GUAR, IRRIGATED TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION MOLDBOARD 6B CHISEL TANDEM DISC HERB SPR/DISC ROLLING CULT SAND FIGHTER LISTER-PLNT6R ROLLING CULT CULTIVATOR 6R CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 2,47 2,44 2,40 61 3,30 3,51 3,36 3,30 2,33 2,33 JAN JAN MAY MAY MAY JUNE JUNE JULY JULY AUG 0.50 0.50 1.00 1.00 1.00 2.00 1.40 1.00 1.00 1.00 TOTALS 0.189 0.066 0.208 0.0 0.194 0.151 0.212 0.194 0.207 0.207 0.143 0.050 0.158 0.158 0.147 0 . 11 5 0.160 0.147 0.157 0.157 1.74 0.63 1.81 0.01 1.630 1.393 13.14 0.97 0.76 1.06 0.97 1.04 1.04 0.0 0.0 6.01 1.95 5.74 6.17 4.97 3.69 8.21 4.97 6.16 6.16 8.15 8 . 4 0 24.34 54.02 SYSTEM OPER. LABOR HOURS COSTS COSTS APPL. I R R I G INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS 0.0 IRRIG IRRIGATION APPLICATION WATER APPLICATION WATER APPLICATION APPL. ACRE LABOR MONTH INCHES HOURS MAY AUG TOTALS 0.0 0.0 0.0 TOTAL OPER. COST 3.32 0.99 2.90 0.16 2.59 1.85 3.22 2.59 3.36 3.36 1 .40 1.08 1.53 1.40 1 .76 1.76 0.95 0.33 1.04 APPL. MACH INPUT FIXED COSTS COSTS 6.00 2.40 0.0 0.0 0.0 6.00 4.00 0.600 0.400 4.023 2.682 18.68 12.45 3.00 2.00 0.0 0.0 13.32 8.88 35.00 23.33 10.00 1.000 6.705 31.13 5.00 0.0 22.20 58.33 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF GUAR (DOLLARS) 0.80 0.90 1.00 1.10 1.20 12.00 -94.38 -93.57 -92.77 -91.96 -91.16 13.50 -93.82 -92.92 -92.01 -91.11 -90.21 15.00 -93.27 -92.27 -91.26 -90.26 -89.25 16.50 -92.72 -91.61 -90.51 -89.40 -88.30 18.00 -92.17 -90.96 -89.75 -88.55 -87.34 CWT. QUANTITY OF GUAR NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. ^ ^ 2 6 3 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 02/16/84. B-1241(C 6) HYBRID FORAGE HAY, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT GROSS RECEIPTS HYB. SORGHUM HAY TOTAL PROJECTED RETURNS VARIABLE COSTS PREHARVEST COSTS SORGHUM SEED FERT (N) APPL'D 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 BALE HAUL SUBTOTAL, HARVEST TON 3.00 YOUR ESTIMATE PROJECTED VALUE $/UNIT 60.00 $ 180.00 180.00 $ $ 2.40 10.80 8.83 1.62 2.74 1.75 10.26 3.50 0.67 42.57 $ TON ACRE 28.50 $ 85.50 85.50 $ ACRE $ 128.07 $ INPUT USE 10.00 40.00 2.05 0.70 5. 19 3.00 TOTAL VARIABLE COSTS LB. LB. ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.24 0.27 5.00 5.00 0. 130 BREAK-EVEN PRICE, VARIABLE COSTS $ 42.69/TON HYB. SORGHUM HAY INCOME ABOVE VARIABLE COSTS FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EOUIPMENT LAND NET SHARE-RENT E S TA B L I S H M E N T 6 Y 1 0 7 . 8 5 TO TA L FIXED COSTS TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS NET PROJECTED RETURNS ACRE ACRE ACRE ACRE DOL. ACRE 51.93 $ 0.17 $ ACRE 19.90 9.20 27.62 18.33 75.05 $. $ 203.13$ $ 67.71/TON HYB. SORGHUM HAY ACRE $ -23.13 $ LAND CHARGE IS 33% OF GROSS LESS 33% OF FERTILIZER AND HARVEST 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. fpP^v 263 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 02/16/84. B-124KC 6) HYBRID FORAGE HAY, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R TANDEM DISC MOLDBOARD 6B CHISEL TANDEM DISC LISTER-PLNT6R LISTER-PLNT6R SAND FIGHTER ROLLING CULT CULTIVATOR 6R CULTIVATOR 6R MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 5.56 3.40 2,47 2,44 3,40 3,36 3,36 3,51 3,30 2,33 2,33 DEC JAN JAN JAN MAR MAR MAY MAY MAY JUNE JULY TOTALS 1.00 1.00 0.30 0.70 0.30 1.00 1.20 1.00 1.00 1.00 1.00 0.557 0.208 0 . 11 3 0.092 0.062 0.151 0. 181 0.076 0.194 0.207 0.207 0.422 0. 158 0.086 0.070 0.047 0.115 0.137 0.057 0.147 0.157 0.157 2.051 1.554 APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 2.79 1.04 0.57 0.46 0.31 0.76 0.91 0.38 0.97 1.04 1.04 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.65 2.95 1.99 1.38 0.89 2.30 2.76 0.93 2.59 3.36 3.36 8.80 5.46 3.61 2.73 1.64 4.15 4.98 1.85 4.97 6.16 6.16 13.07 10.26 0.0 27.16 50.49 1 .37 1.47 1.05 0.88 0.44 1.09 1.31 0.54 1.40 1.76 1.76 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 HYB. SORGHUM HAY (DOLLARS) 48.00 54.00 60.00 66.00 72.00 2.40 -7.65 1.99 11.64 21 .29 30.94 2.70 -3.73 7.12 17.97 28.83 39.68 3.00 0. 19 12.25 24.31 36.37 48.43 3.30 4. 10 17.37 30.64 43.90 57. 17 3.60 8.02 22.50 36.97 51 .44 65.91 TON QUANTITY OF HYB. SORGHUM HAY NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT, GRAZE-OUT. OR OTHER MANAGEMENT STRATEGIES. 264 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84 B-1241(C 6) WHEAT, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE 0^*\ CATEGORY 1. GROSS RECEIPTS WHEAT WHEAT PASTURE DEFICIENCY PMT. TOTAL PROJECTED RETURNS 2. VARIABLE COSTS PREHARVEST COSTS ♦SEED WHEAT FERT (N) APPL'D FERT (P) APPL'D INSECTICIDE MISC EXPENSE 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 22.00 130.00 22.00 YOUR ESTIMATE BU. DAYS BU. 3.20 0.28 1 .15 $ 70.40 36.40 25.30 132.10 $ BU. LB. LB. APPL DOL. ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 7.80 0.27 0.23 4.50 1 .00 5.00 5.00 0. 130 $ 7.80 4.32 4.60 4.50 1.00 4.86 0.39 1.65 0.76 2.32 0.84 0.52 33.56 $ ACRE BU. ACRE 12.00 0.15 $ 12.00 3.30 15.30 $ ACRE $ 48.86 $ INPUT USE 1.00 16.00 20.00 1.00 1.00 0.46 0. 17 4.03 1.00 22.00 TOTAL VARIABLE COSTS BREAK-EVEN PRICE. VARIABLE COSTS $ -0. 58/BU. WHEAT 3. INCOME ABOVE VARIABLE COSTS ACRE 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EQUIPMENT LAND NET SHARE-RENT CROP INSURANCE 1.00 TOTAL FIXED COSTS 5. TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS PROJECTED VALUE $/UNIT $ 83.24 $ ACRE ACRE ACRE ACRE ACRE 3.00 $ 8.96 3.68 33. 13 3.00 48.77 $ ACRE $ 97.63 $ $ 1 . 63/BU. WHEAT ACRE $ 34.47 $ LAND (NET RENT) BASED ON 33% OF GROSS LESS 33% OF FERT, INSECT, HARVEST AND 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. 264 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/23/84 B-1241(C 6) WHEAT, DRYLAND TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION CHISEL CHISEL CHISEL GRAIN DRILL GRAIN DRILL GRAIN DRILL GRAIN DRILL MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 6,44 6,44 6,44 6,58 58 58 58 JUNE JULY AUG SEPT SEPT SEPT SEPT TOTALS 1.00 1.00 1.00 0.25 0.25 0.25 0.25 y ^ k APPL. MACH INPUT FIXED COSTS COSTS TOTAL OPER. COST 0. 132 0.132 0.132 0.070 0.0 0.0 0.0 0.100 0.100 0.100 0.053 0.053 0.053 0.053 2.09 2.09 2.09 0.92 0.0 0.0 0.0 0.66 0.66 0.66 0.35 0.0 0.0 0.0 0.0 0.0 0.0 7.80 0.0 0.0 0.0 3.12 3. 12 3. 12 1.71 0.36 0.36 0.36 5.87 5.87 5.87 10.79 0.36 0.36 0.36 0.465 0.511 7.21 2.32 7 . 8 0 12. 17 29.50 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 WHEAT (DOLLARS) 2.56 2.88 3.20 3.52 3.84 17.60 30.18 33.96 37.73 41.50 45.28 19.80 35.43 39.68 43.92 48.17 52.41 22.00 40.68 45.39 50.11 54.83 59.55 24.20 45.93 51. 11 56.30 61.49 66.68 26.40 51.17 56.83 62.49 68.15 73.81 BU. QUANTITY OF WHEAT ''*% ^ ^ H 270 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/24/84. B-1241(C 6) COTTON, DRYLAND (2 X 1 PLANTING PATTERN), CONSERVATION TILLAGE TEXAS ROLLING PLAINS II 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 ♦SEED COTTON ♦GUTHION MISC. EXPENSE ♦SURFLEN FERT (N) APPL'D FERT (P) APPL'D ♦ROUNDUP AERIAL APPLIC ♦HIRED SPOT SPRAY 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 GIN,BAG & TIES CONTRACT BROKER R E PA I R S T R A C T O R EQUIPMENT LABOR MACHINERY EQUIPMENT SUBTOTAL, HARVEST PROJECTED YIELD UNIT 325.00 0.26 325.00 LB. TON LB. PROJECTED $ / U N I T VA L U E YOUR ESTIMATE 0.55 178.75 11 0 . 0 0 2 8 . 6 0 0.18 58.50 $ 265.85 $ INPUT USE 10.00 1.00 1.00 2.00 20.00 30.00 0.50 2.00 1.00 1.48 1.00 36.83 325.00 0.52 0.0 0.01 TOTAL VARIABLE COSTS BREAK-EVEN PRICE, VARI4iBLE COSTS LB. PINT ACRE LB. LB. LB. GAL. ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.40 4.00 2.43 2.43 5.00 5.00 14.50 23.00 0.27 5.40 0.23 6.90 68.60 34.30 4.00 8.00 4.00 4.00 8.42 1 .73 2.51 4.51 5.00 7.41 5.00 5.00 0.130 4.79 $ 127.40 $ LB. BALE ACRE ACRE HOUR HOUR ACRE 0.08 27.62 1.25 0.65 0.0 0.06 5.00 0.0 5.00 0.05 $ 28.38 $ ACRE $ 155.79 $ $ 0 . 21/LB. COTTON LIt>JT 3. INCOME ABOVE VARIABLE COS;ts ACRE 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EQUIPMENT LAND NET SHARE-RENT CROP INSURANCE 1.00 ACRE ACRE ACRE ACRE 18.30 15.44 57.66 4.50 4.50 $ 95.91 $_ ACRE $ TOTAL PROJECTED COSTS BREAK-EVEN PRICE, TOTAL COSTS NET PROJECTED RETURNS $ 11 0 . 0 6 $ 251.69 $_ $ 0.51/LB. COTTON LINT ACRE $ 14.16 $ LAND (NET RENT) BASED ON 1/4 OF GROSS INCOME LESS 1/4 OF INSECTICIDE GINNING, BAGS, AND TIES. AND CROP INSURANCE. 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. 00&>\ 2 7 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 01/24/84. B-1241(C 6) COTTON, DRYLAND (2 X 1 PLANTING PATTERN), CONSERVATION TILLAGE' TEXAS ROLLING PLAINS II 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 CHISEL FIELD CULTIVATOR CONSERV. PLANTER CULTIVATOR 6R COTTON STR/BSK 1 .66 1 ,35 1 ,65 1.33 3 .64 JAN APR MAY JULY NOV TOTALS 1 .00 1 .00 1 .00 1 .00 1 .00 0.159 0 . 11 0 0.126 0.207 0.880 0.121 0.083 0.095 0.157 0.666 1.482 1.123 1 1 1 2 8 APPL. MACH TOTAL INPUT FIXED OPER. COSTS COSTS COST 82 14 50 02 67 0.80 0.55 0.63 1.04 4.40 0.0 3.04 0.0 2.80 4.00 3.28 0.0 4.18 0.0 15.21 5.66 4.50 9.41 7.24 28.28 15 15 7.41 4.00 28.53 55.08 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) 0.44 0.49 0.55 0.60 0.66 260.00 -4.68 6.04 16.77 27.49 38.22 292.50 10.45 22.52 34.58 46.65 58.71 325.00 25.59 39.00 52.40 65.81 79.21 357.50 40.73 55.47 70.22 84.97 99.71 390.00 55.86 71.95 88.04 104.13 120.21 LB. QUANTITY OF COTTON LINT /^% NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT. GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. **&%. 271 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/24/84. B-1241(C 6) SORGHUM, DRYLAND, CONSERVATION TI.LLAGE TEXAS ROLLING PLAINS II REGION 1984 PROJECTED COSTS AND RETURNS PER ACRE JP»V CATEGORY PROJECTED YIELD UNIT GROSS RECEIPTS GRAIN SORGHUM DEFICIENCY PMT. TOTAL PROJECTED RETURNS VARIABLE COSTS PREHARVEST COSTS ♦GRAIN SORG. SEED MISC EXPENSE FERT (N) APPL'D FERT (P) APPL'D ♦INSECTICIDE ♦ROUNDUP ♦HIRED SPOT SPRAY FUEL & LUBE—TRACTOR EQUIPMENT R E PA I R S T R A C T O R EOUIPMENT LABOR MACHINERY EQUIPMENT OPERATING CAPITAL SUBTOTAL. PREHARVEST HARVEST COSTS CUSTOM HARVEST CUSTOM HAUL SUBTOTAL, HARVEST 35.00 35.00 YOUR ESTIMATE PROJECTED $ / U N I T VA L U E CWT. CWT. 4.75 166.25 0.82 28.70 $ 194.95 $ LB. DOL. LB. LB. ACRE GAL. ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.60 1.80 1.00 1.00 0.27 8.64 0.23 9.20 3.00 6.00 68.60 17.15 4.00 4.00 2.80 2.44 0.79 1.27 5.00 1.98 5.00 6.54 0.130 2.28 $ 65.90 $ ACRE CWT. ACRE 12.00 12.00 0.25 8.75 $ 20.75 $ INPUT USE 3.00 1.00 32.00 40.00 2.00 0.25 1.00 0.40 1 .31 17.57 1.00 35.00 TOTAL VARIABLE COSTS BREAK-EVEN PRICE. VARI*lBLE COSTS ACRE $ 86.65 $ $ 1 . 66/CWT. GRAIN SORC3HUM INCOME ABOVE VARIABLE COS;ts ACRE $ 108.30 $ FIXED COSTS DEPREC..INTEREST.TAXES & INSUR. TRACTOR EQUIPMENT LAND NET SHARE-RENT CROP INSURANCE 1.00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE 5.75 6.46 56.50 3.00 3.00 $ 71.71 $ TOTAL PROJECTED COSTS ACRE $ 158.36 $ BREAK-EVEN PRICE, TOTAL COSTS NET PROJECTED RETURNS $ 3.70/CWT. GRAIN SORGHUM ACRE $ 36.59 $ LAND (NET RENT) BASED ON 33% OF GROSS INCOME LESS 33% OF HARVEST, HAULING, AND CROP INSURANCE. 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$^>\ 271 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 01/24/84, B-124KC 6) SORGHUM, DRYLAND, CONSERVATION TILLAGE TEXAS ROLLING PLAINS II 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 APPL. MACH TOTAL INPUT FIXED OPER. COSTS COSTS COST CHISEL 1,66 NOV 1.00 0.159 0.121 1.82 0.80 F I E L D C U LT I VAT O R 1 , 3 5 A P R 1 . 0 0 0 . 11 0 0 . 0 8 3 1 . 1 4 0 . 5 5 CONSERV. PLANTER 1,65 JUNE 1.00 0.126 0.095 1.50 0.63 0.0 3.04 5.66 0.0 2.80 4.50 7.80 3.28 13.21 TOTALS 0.395 0.299 4.46 1.98 7.80 9.13 23.36 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 28.00 9.03 17.95 26.86 35.77 44.68 31.50 19.28 29.31 39.33 49.36 59.38 35.00 29.53 40.67 51.81 62.95 74.08 38.50 39.78 52.03 64.28 76.54 88.79 42.00 50.03 63.39 76.76 90.12 103.49 CWT. QUANTITY OF GRAIN SORGHUM <•*% ■^*s