r TEXAS ROLLING PLAINS II SOIL RESOURCE AREA 6 Lipscomb Roberts Hemphil Wheeler Donley Collings worth Hall r Child ress Motley Cottle Dickens King Kent Stonewal Scurry Fisher Mitchell Nolan Sterling Coke Knox Haskel Jones Taylor Runnels \ r Tom Green Concho B-124KC06) TEXAS AGRICULTURAL EXTENSION SERVICE . THE TEXAS A&M UNIVERSITY SYSTEM Z o r l e I . C o r p a n t o r , D i r e c t o r . C o l l e g e S t a t i o n . Te x a s r TEXAS CROP ENTERPRISE BUDGETS TEXAS ROLLING PLAINS II REGION Projected for 1985 E d u c a t i o n a l p r o g r a m s c o n d u c t e d b y t h e Te x a s A g r i c u l t u r a l E x t e n s i o n S e r v i c e s e r v e p e o p l e o f a l l a g e s r e g a r d l e s s o f socio-economic level, race, color, sex, religion or national origin. C o o p e r a t i v e E x t e n s i o n W o r k i n A g r i c u l t u r e a n d H o m e E c o n o m i c s , T h e Te x a s A a M U n i v e r s i t y S y s t e m a n d t h e U n i t e d S t a t e s Department of Agriculture cooperating. Distributed in furtherance of the Acts of Congress of May S, 1914, as amended, and June 30, 19 14. ISO • 12-84, New ECO 7-2 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84, 251 ALFALFA ESTABLISHMENT, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE C AT E G O RY PROJECTED YIELD UNIT 1. GROSS RECEIPTS ALFALFA H AY TOTAL PROJECTED RETURNS 1.00 PROJECTED VALUE $/UNIT 0.0 LB. LB. LB. APPL ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR DOL. ACRE 2.00 0.29 0.23 6.00 5.00 5.00 5.00 0. 140 $ ACRE $ ACRE $ 96.59 $ 3. INCOME ABOVE VARIABLE COSTS ACRE $ -96.59 $ 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EOUIPMENT IRRIGATION LAND-CASH RENT 1.00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE 5. TOTAL PROJECTED COSTS 6. NET PROJECTED RETURNS TOTAL VARIABLE COSTS $ 0.0 0.0 YOUR ESTIMATE ACRE 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 25.00 FERT (N) APPL'D 16.00 FERT (P) APPL'D 20.00 INSECTICIDE 1.00 I R R I G AT I O N WAT E R 4 . 0 0 FUEL & LUBE--TRACTOR EOUIPMENT IRRIGATION R E PA I R S T R A C T O R EOUIPMENT IRRIGATION LABOR MACHINERY 0.48 I R R I G AT I O N 0 . 4 0 EOUIPMENT 0.84 O P E R AT I N G C A P I TA L 2 9 . 4 4 SUBTOTAL. PREHARVEST HARVEST COSTS SUBTOTAL. HARVEST JPB!\ B-1241(C06) $ 50.00 4.64 4.60 6.00 2.58 1.94 11.50 0.90 0.75 0.96 2.40 2.00 4.20 4. 12 96.59 $ 0.0 $ $ 5.72 5.55 9.20 18.00 38.47 $ ACRE $ 135.05 $ ACRE $ -135.05 $ 18.00 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. C6.1 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 251 B-124KC06) ALFALFA ESTABLISHMENT, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE 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 CHISEL TANDEM DISC GRAIN DRILL GRAIN DRILL 2,44 JULY 3,40 AUG 2.58 SEPT 58 SEPT 1.00 1.00 0.50 0.50 TOTALS IRRIGATION APPLICATION WATER APPLICATION TOTALS 0.132 0.208 0. 140 0.0 0. 100 O. 158 0.106 0.106 1.32 1.52 1.04 0.0 0.66 1.04 0.70 0.0 0.480 0.470 3.89 2.40 APPL. ACRE LABOR MONTH INCHES HOURS OCT IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS 50.00 0.0 19 18 44 76 4. 16 5.74 54. 18 0.76 50.00 8.56 64.84 APPL. IRRIG INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS 4.00 0.400 2.682 12.45 2.00 0.0 9.20 23.65 4.00 0.400 2.682 12.45 2.00 0.0 9.20 23.65 C6.2 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84. 252 J*^ B-124KC06) ALFALFA, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY GROSS RECEIPTS ALFALFA HAY TOTAL PROJECTED RETURNS PROJECTED YIELD UNIT 6.00 VARIABLE COSTS INPUT USE PREHARVEST COSTS FERT (P) APPL'D 46.00 3.00 INSECTICIDE MISC EXPENSE 1.00 IRRIGATION WATER 20.00 FUEL & LUBE--TRACTOR EQUIPMENT IRRIGATION R E PA I R S T R A C TO R EOUIPMENT IRRIGATION LABOR MACHINERY 0.0 IRRIGATION 2.00 EOUIPMENT 0.98 -23.98 OPERATING CAPITAL SUBTOTAL, PREHARVEST HARVEST COSTS CUSTOM BALING 6.00 SUBTOTAL. HARVEST TOTAL VARIABLE COSTS TON LB. APPL DOL. ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR DOL. ACRE TON ACRE PROJECTED $/UNIT VALUE 105.00 $ 0.23 6.00 1.00 ACRE 630.00 630.00 $ 10.58 18.00 1.00 5.00 5.00 5.00 0. 140 $ 25.00 YOUR ESTIMATE 0.0 2.26 57.49 0.0 0.40 4.78 0.0 10.00 4.90 -3.36 106.06 $ $ 150.00 150.00 $ $ 256.06 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 42.68/TON ALFALFA 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 $ 3 7 3 . 9 4 $ . 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EOUIPMENT IRRIGATION LAND---NET SHARE-RENT E S TA B L I S H M E N T 6 Y 1 3 5 . 0 5 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE DOL. ACRE 5. TOTAL PROJECTED COSTS ACRE BREAK-EVEN PRICE, TOTAL COSTS 6. NET PROJECTED RETURNS 0.0 0. 17 $ 3. 16 45.99 148.97 22.96 221.08 $ $ 477.13 $ $ 79. 52/TON AL FALFA HAY ACRE LAND CHARGE IS 33% OF GROSS LESS 33% OF FERT. ESTABLISHMENT COSTS PRORATED OVER SIX YEARS. $ 152.87 $ INSECT., 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. C6.3 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 252 B-124KC06) ALFALFA, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE 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 0.0 0.0 TOTALS 4 4 4 4 4 00 00 00 00 00 20 00 0.0 0.0 IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS APPL. ACRE LABOR MONTH INCHES HOURS APR MAY JUNE JULY AUG 0.0 APPL. MACH INPUT FIXED COSTS COSTS 0.400 0.400 0.400 0.400 0.400 2 2 2 2 2 682 682 682 682 682 2.000 13 409 12 12 12 12 12 45 45 45 45 45 0.0 APPL. IRRIG INPUT FIXED COSTS COSTS 2.00 2.00 2.00 2.00 2.00 0.0 0.0 0.0 0.0 0.0 62 27 10.00 0.0 TOTAL OPER. COST 9 9 9 9 9 20 20 20 20 20 0.0 TOTAL IRRIG COSTS 23 23 23 23 23 65 65 65 65 65 45 99 118 26 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT F>RICE OF ALFALFA HAY (DOLLARS) 84 0 0 94 50 105.00 115 50 126 00 4.80 93 12 126 89 160.66 194 42 228 19 | 5.40 116 84 154 83 192.82 230 80 268 79 | 6.00 140 56 182 77 224.98 267 19 309 40 | 6.60 164 27 210 70 257.14 303 57 350 00 j 7.20 187 99 238 64 289.30 339 95 390 60 ! TON QUANTITY OF ALFALFA HAY i C6.4 • PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 253 B-124KC06) COASTAL BERMUDA GRASS ESTABLISHMENT. IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE C AT E G O RY PROJECTED YIELD UNIT 1. GROSS RECEIPTS TOTAL PROJECTED RETURNS PROJECTED VALUE $/UNIT $ 2. V A R I A B L E C O S T S I N P U T U S E PREHARVEST COSTS SPRIGGING 1.00 FERT (N) APPL'D 30.00 FERT (P) APPL'D 21.00 HERBICIDE 1.00 I R R I G AT I O N WAT E R 8 . 0 0 FUEL & LUBE — TRACTOR EOUIPMENT IRRIGATION R E PA I R S T R A C T O R EQUIPMENT IRRIGATION LABOR MACHINERY 0.28 I R R I G AT I O N 0 . 8 0 EOUIPMENT 0.70 O P E R AT I N G C A P I TA L 4 9 . 8 6 SUBTOTAL. PREHARVEST HARVEST COSTS SUBTOTAL. HARVEST ACRE LB. LB. ACRE ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR DOL. ACRE 0.0 YOUR ESTIMATE $ 22.50 0.29 0.23 3.90 22.50 8.70 4.83 3.90 5.00 5.00 5.00 0.140 $ 1.53 1.62 23.00 0.50 0.72 1.91 1.39 4.00 3.50 6.98 85.07 $ ACRE $ ACRE $ 85.07 $ 3. INCOME ABOVE VARIABLE COSTS ACRE $ -85.07 $ 4. FIXED COSTS DEPREC..INTEREST.TAXES & INSUR. TRACTOR EQUIPMENT IRRIGATION TOTAL FIXED COSTS ACRE ACRE ACRE ACRE $ 3.30 3.72 18.40 25.42 $ 5. TOTAL PROJECTED COSTS ACRE $ 110.49 $ 6. NET PROJECTED RETURNS ACRE $ - 11 0 . 4 9 $ TOTAL VARIABLE COSTS 0.0 $ 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^\ C6.5 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 253 B-1241(C06) COASTAL BERMUDA GRASS ESTABLISHMENT, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION CHISEL TANDEM DISC MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 2,44 JAN 3,41 FEB 1.00 1.00 TOTALS IRRIGATION APPLICATION WATER APPLICATION WATER APPLICATION TOTALS TOTAL OPER. COST 0. 132 0. 146 0.100 0. 110 1.32 1. 15 0.66 0.73 0.0 0.0 2.19 2.58 4.16 4.45 0.277 0.210 2.47 1.39 0.0 4.76 8.62 APPL. IRRIG INPUT FIXED COSTS COSTS TOTAL IRRIG COSTS APPL. ACRE LABOR MONTH INCHES HOURS APR MAY APPL. MACH INPUT FIXED COSTS COSTS IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS 4.00 4.00 0.400 0.400 2.682 2.682 12.45 12.45 2.00 2.00 0.0 0.0 9.20 9.20 23.65 23.65 8.00 0.800 5.364 24.91 4.00 0.0 18.40 47.30 C6.6 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84. 254 B-1241(C06) COASTAL BERMUDAGRASS, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY 1. GROSS RECEIPTS COASTAL BERMUDA TOTAL PROJECTED RETURNS PROJECTED YIELD UNIT 7.00 2. VARIABLE COSTS INPUT USE PREHARVEST COSTS FERT (N) APPL'D 211.00 FERT (P) APPL'D 46.00 MISC EXPENSE 1.00 IRRIGATION WATER 16.00 FUEL & LUBE--TRACTOR EQUIPMENT IRRIGATION R E PA I R S T R A C T O R EQUIPMENT IRRIGATION LABOR MACHINERY 0.0 IRRIGATION 1.60 EOUIPMENT 0.70 OPERATING CAPITAL 21.86 SUBTOTAL. PREHARVEST HARVEST COSTS CUSTOM BALE HAUL 7.00 SUBTOTAL. HARVEST TOTAL VARIABLE COSTS BREAK-EVEN PRICE. VARIAEJLE COSTS TON YOUR ESTIMATE PROJECTED $ / U N I T VA L U E 60.00 420.00 $ 420.00 $ LB. LB. DOL. ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR DOL. ACRE 0.29 61.19 0.23 10.58 1.00 1.00 0.0 1.62 45.99 0.0 0.29 3.82 5.00 0.0 5.00 8.00 5.00 3.50 0.140 3.06 $ 139.05 $ TON ACRE 28.50 199.50 $ 199.50 $ ACRE $ 338.55 $ $ 48. 36/TON COASTAL BE:rmuda 3. INCOME ABOVE VARIABLE COS1rs ACRE 4. FIXED COSTS DEPREC..INTEREST.TAXES I!> INSUR. TRACTOR EOUIPMENT IRRIGATION LAND---NET SHARE-RENT ESTABLISHMENT 6Y 110.49 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE DOL. ACRE 0.0 2.26 36.79 49.08 0.17 18.78 $ 106.91 $ 5. TOTAL PROJECTED COSTS ACRE $ 445.46 $ BREAK-EVEN PRICE. TOTAL COSTS NET PROJECTED RETURNS $ 81.45 $ $ 63.64/TON COASTAL BERMUDA ACRE $ -25.46 $ LAND CHARGE IS 33% OF GROSS LESS 33% OF FERTILIZER AND HARVEST. ESTABLISHMENT COSTS PRORATED OVER TEN YEARS. 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. C6.7 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84, 254 B-124KC06) COASTAL BERMUDAGRASS. IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 0.0 TOTALS IRRIGATION APPLICATION WATER WATER WATER WATER APPLICATION APPLICATION APPLICATION APPLICATION 0.0 4.00 4.00 4.00 4.00 0.0 IRRIG SYSTEM OPER. LABOR HOURS COSTS COSTS APPL. ACRE LABOR MONTH INCHES HOURS APR MAY JUNE AUG 0.0 2.682 2.682 2.682 2.682 0.400 0.400 0.400 0.400 12.45 12.45 12.45 12.45 00 00 00 00 APPL. MACH INPUT FIXED COSTS COSTS 0.0 0.0 APPL. I R R I G INPUT FIXED COSTS COSTS 0.0 0.0 0.0 0.0 9.20 9.20 9.20 9.20 TOTAL OPER. COST 0.0 TOTAL IRRIG COSTS 23.65 23.65 23.65 23.65 16.00 1.600 10.728 49.82 8.00 0.0 36.79 94.61 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 COASTAL BERMUDA (DOLLARS) 48.00 54.00 60.00 66.00 72.00. 5.60 -42.20 -19.69 2.82 25.34 47.85 j 6.30 -33.06 -7.73 17.60 42.92 68.25 | 7.00 -23.91 4.23 32.37 60.51 88.65 | 7.70 -14.76 16. 19 47. 14 78. 10 109.05 j 8.40 -5.62 28.15 61 .92 95.68 129.45 j TON QUANTITY OF COASTAL BERMUDA NOTE: NEGATIVE RETURNS OVER VARIABLE COSTS MAY BE AVOIDABLE VIA CROP ABANDONMENT. GRAZE-OUT, OR OTHER MANAGEMENT STRATEGIES. C6.8 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84. 255 B-124KC06) COTTON, DRYLAND (SOLID 40" ROWS) TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY GROSS RECEIPTS COTTON LINT COTTONSEED DEFICIENCY PMT. TOTAL PROJECTED RETURNS VARIABLE COSTS PREHARVEST COSTS *SEED COTTON INSECTICIDE MISC. EXPENSE ♦HERBICIDE FUEL & LUBE--TRACTOR EQUIPMENT R E PA I R S T R A C T O R EQUIPMENT LABOR -MACHINERY EOUIPMENT OPERATING CAPITAL SUBTOTAL. PREHARVEST HARVEST COSTS GIN.BAG & TIES CONTRACT BROKER FUEL & LUBE--TRACTOR R E PA I R S T R A C T O R EQUIPMENT LABOR MACHINERY EQUIPMENT SUBTOTAL, HARVEST PROJECTED UNIT YIELD 300.00 0.24 300.00 PROJECTED YOUR VALUE ESTIMATE $/UNIT $ 159.00 21.60 57.00 237.60 $ 5.00 5.00 0. 140 $ 6.40 3.00 5.00 6.00 9.34 1.62 2.88 1.87 10.90 3.50 1.38 51.90 $ LB. TON LB. 0.53 90.00 0. 19 LB. APPL ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE 0.40 6.00 5.00 6.00 INPUT USE 16.00 0.50 1.00 1.00 2. 18 0.70 9.85 300.00 0.63 0.88 0.01 LB. BALE ACRE ACRE ACRE HOUR HOUR ACRE ACRE TOTAL VARIABLE COSTS 0.08 1 .25 5.00 5.00 $ 25.50 0.78 4.33 1.37 3.27 4.40 0.05 39.70 $ $ 91.59 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 0.04/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 $ 1 4 6 . 0 1 $ . gW*k 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 33.78 19.53 50.95 4.50 4.50 $ 108.77 $ 5. TOTAL PROJECTED COSTS ACRE $ 200.36 $ BREAK-EVEN PRICE. TOTAL COSTS $ 0 . 41/LB. COTTON LINT ACRE 6. NET PROJECTED RETURNS $ 37.24 $ LAND (NET RENT) BASED ON 1/4 OF GROSS LESS 1/4 OF INSECT. GINNING. BAGS TIES AND CROP INSURANCE. 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. /0^\ C6.9 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 255 B-1241(C06) COTTON, DRYLAND (SOLID 40" ROWS) TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R TANDEM DISC MOLDBOARD 6B CHISEL TANDEM DISC HERB SPR/DISC LISTER-PLNT6R LISTER-PLNT6R SAND FIGHTER CULTIVATOR 6R COTTON STR/BSK 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 61 3,36 3,36 3,51 3.33 3,64 DEC DEC DEC JAN MAR MAR APR JUNE JUNE JUNE NOV 1.00 1.00 0.30 0.70 2.00 1.00 1.00 1.00 1.00 2.00 1.00 TOTALS 0.557 0.208 0.113 0.092 0.417 0.0 0.151 0. 151 0.076 0.415 0.880 0.422 0. 158 0.086 0.070 0.316 0.158 0 . 11 5 0. 115 0.057 0.314 0.666 3.060 2.476 1 .42 1.52 1.09 0.92 3.04 0.01 1.13 1. 13 0.56 2.96 8.91 APPL. MACH INPUT FIXED COSTS COSTS 2.79 1.04 0.57 0.46 2.08 0.0 0.0 0.0 0.0 0.0 0.76 0.76 0.38 2.07 4.40 0.0 1.00 7.31 16.26 9.21 5.74 3.85 2.92 11 .48 6.18 4.36 10.76 1.94 12.35 29.57 1 2 . 4 0 47.94 98.36 0.0 22.72 15.30 TOTAL OPER. COST 6.00 6.40 0.0 0.0 0.0 5.00 3.18 2. 19 1.53 6.36 0.17 2.47 2.47 RESIDUAL RETURNS AT ALTERNATIVE YIELDS AND PRICES ADJUSTED FOR YIELD-RELATED COSTS AND CHANGES IN SHARE-RENT INCOME ABOVE VARIABLE COSTS LESS SHARE-RENT PRICE OF COTTON L I N T (DOLLARS) 0 42 0.48 0.53 0.58 240.00 44 27 53.81 63.35 72.89 270.00 57 74 68.47 79.20 89.93 100.67 | 300.00 71 20 83.13 95.05 106.98 11 8 . 9 0 j 330.00 84 67 97.78 11 0 . 9 0 124.02 137.14 | 360.00 98 13 11 2 . 4 4 126.75 141.06 155.37 j LB. QUANTITY OF COTTON LINT i C6.10 0.64 ■ 82.43 | • PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84. 256 #*=* B-1241(C06) COTTON, DRYLAND, NARROW ROW TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT GROSS RECEIPTS COTTON LINT COTTONSEED DEFICIENCY PMT. TOTAL PROJECTED RETURNS 300.00 0.24 300.00 VARIABLE COSTS PREHARVEST COSTS ♦SEED COTTON INSECTICIDE MISC. EXPENSE ♦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 GIN.BAG & TIES CUSTOM STRIP CONTRACT BROKER FUEL & LUBE--TRACTOR R E PA I R S T R A C T O R EQUIPMENT LABOR MACHINERY EQUIPMENT SUBTOTAL, HARVEST LB. TON LB. PROJECTED YOUR VALUE ESTIMATE $/UNIT 0.53 90.00 0. 19 $ 159.00 21.60 57.00 237.60 $ INPUT USE 10.00 0. 10 1.00 1.00 1.46 0.70 6.28 300.00 300.00 0.63 0. 15 0.01 TOTAL VARIABLE COSTS LB. APPL ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE LB. ACRE BALE ACRE ACRE ACRE HOUR HOUR ACRE ACRE 0.40 6.00 5.00 6.00 5.00 5.00 0.140 $ 0.08 0.06 1.25 4.00 0.60 5.00 6.00 5.81 1.62 1.77 1.29 7.32 3.50 0.88 37.78 $ 5.00 5.00 $ 25.50 18.00 0.78 0.74 0.23 0.21 0.76 0.05 46.28 $ $ 84.06 $ BREAK-EVEN PRICE, VARIABLE COSTS $ 0.02/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 $ 1 5 3 . 5 4 $ _ 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 4.50 $ 16.72 10.55 52.68 4.50 84.45 $ 5. TOTAL PROJECTED COSTS ACRE $ 168.51 $ BREAK-EVEN PRICE. TOTAL COSTS 6. NET PROJECTED RETURNS $ 0 . 30/LB. COTTON LINT ACRE $ 69.09 $ LAND (NET RENT) BASED ON 1/4 OF GROSS LESS 1/4 OF INSECT, GINNING, BAGS. TIES AND CROP INSURANCE. 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. C6.ll PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84. 256 B-124KC06) COTTON, DRYLAND. NARROW ROW TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE • MACHINERY OPERATION SHREDDER 2R TANDEM DISC MOLDBOARD 6B CHISEL TANDEM DISC HERB SPR/DISC SAND FIGHTER LISTER-PLNT6R 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 61 3.51 3,36 DEC DEC DEC JAN MAR MAR JUNE JUNE TOTALS 1.00 1.00 0.30 0.70 2.00 1.00 1.00 1.00 0.557 0.208 0. 113 0.092 0.417 0.0 0.076 0.151 0.422 0. 158 0.086 0.070 0.316 0. 158 0.057 0.115 1 .42 1.52 1.09 0.92 3.04 0.01 0.56 1. 13 2.79 1.04 0.57 0.46 2.08 1.615 1.381 9.72 8.07 APPL. MACH INPUT FIXED COSTS COSTS 0.0 0.0 0.0 0.0 0.0 TOTAL OPER. COST 0. 17 1.00 2.47 9.21 5.74 3.85 2.92 11.48 6. 18 1.94 8.36 1 0 . 0 0 21.89 49.68 0.0 6.00 0.0 0.38 0.76 4.00 5.00 3. 18 2. 19 1.53 6.36 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 COTTON L I N T (DOLLARS) QUANTITY OF COTTON LINT 0 64 0.42 0.48 0.53 0.58 240.00 50.08 59.62 69. 16 78.70 88 2 4 | 270.00 63.54 74.28 85.01 95.74 106 4 7 | 300.00 77.01 88.93 100.86 11 2 . 7 8 124 7 1 ! 330.00 90.47 103.59 11 6 . 7 1 129.82 142 94 | 103.93 11 8 . 2 4 132.55 146.86 161 17 j LB. i 360.00 i j ^■^L C6.12 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 257 COTTON, DRYLAND, (2X2 PLANTING PATTERN) TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY PROJECTED YIELD UNIT GROSS RECEIPTS COTTON LINT COTTONSEED DEFICIENCY PMT. TOTAL PROJECTED RETURNS 250.00 0.20 250.00 VARIABLE COSTS PREHARVEST COSTS ♦SEED COTTON INSECTICIDE MISC. EXPENSE ♦HERBICIDE FUEL & LUBE--TRACTOR EOUIPMENT 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 FUEL & LUBE--TRACTOR R E PA I R S T R A C T O R EOUIPMENT LABOR MACHINERY EQUIPMENT SUBTOTAL. HARVEST LB. TON LB. PROJECTED $ / U N I T VA L U E 0.53 90.00 0.19 $ YOUR ESTIMATE 132.50 18.00 47.50 198.00 $ INPUT USE 8.00 0.50 1.00 1.00 2.37 0.91 11.49 250.00 0.52 0.88 0.01 TOTAL VARIABLE COSTS LB. APPL ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR DOL. ACRE LB. BALE ACRE ACRE ACRE HOUR HOUR ACRE ACRE BREAK-EVEN PRICE. VARIA BLE COSTS r B-1241(C06) 0.40 6 .00 5.00 6.00 5.00 5.00 0.140 $ 3.20 3.00 5.00 6.00 11.32 2.10 3.65 2.01 11 . 8 7 4.55 1.61 54.31 $ 0.08 21.25 1.25 0.65 4.33 1.37 3.27 5.00 4.40 5.00 0.05 $ 35.32 $ $ 89.63 $ $ 0 . 10/LB. COTTON LUJT INCOME ABOVE VARIABLE COSTS ACRE $ 108.37 $ FIXED COSTS DEPREC.,INTEREST.TAXES & INSUR. TRACTOR EQUIPMENT LAND NET SHARE-RENT CROP INSURANCE 1.00 TOTAL FIXED COSTS ACRE ACRE ACRE ACRE ACRE 36.23 20.74 42.15 4.50 4.50 $ 103.63 $ TOTAL PROJECTED COSTS ACRE $ 193.26 $ BREAK-EVEN PRICE. TOTAL COSTS NET PROJECTED RETURNS $ 0 . 51/LB. COTTON LIf>JT ACRE $ 4.74 $ LAND (NET RENT) BASED ON 1/4 OF GROSS LESS 1/4 OF INSECT. GINNING. BAGS, TIES, AND CROP INSURANCE. 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. C6.13 PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 257 B-124KC06) COTTON, DRYLAND, (2X2 PLANTING PATTERN) TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE MACHINERY OPERATION SHREDDER 2R TANDEM DISC MOLDBOARD 6B CHISEL TANDEM DISC HERB SPR/DISC LISTER 6R LISTER-PLNT6R SAND FIGHTER ROLLING CULT CULTIVATOR 6R CULTIVATOR 6R CULTIVATOR 6R COTTON STR/BSK MACH ITEM OPER TIMES LABOR MACHINE OPER LABOR NO. MONTH OVER HOURS HOURS COSTS COSTS 5,56 3,40 2.47 2.44 2,40 61 3,54 3.36 3,51 3,30 2,33 2,33 2,33 3.64 DEC DEC JAN JAN MAR MAR APR MAY JUNE JUNE JUNE JULY AUG NOV TOTALS 1.00 1.00 0.30 0.70 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.557 0.208 0. 113 0.092 0.208 0.0 0. 151 0. 151 0.076 0. 194 0.207 0.207 0.207 0.880 0.422 0.158 0.086 0.070 0.158 0.158 0. 115 0. 115 0.057 0. 147 0. 157 0. 157 0. 157 0.666 3.254 2.623 1.42 1.52 1.09 0.92 1.90 0.01 1.03 1. 13 0.56 1 .45 1.85 1.85 1.85 8.91 2.79 1.04 0.57 0.46 1.04 0.0 0.76 0.76 0.38 0.97 1.04 1.04 1.04 4.40 25.52 16.27 APPL. MACH INPUT FIXED COSTS COSTS 0.0 0.0 0.0 0.0 0.0 5.00 3. 18 2. 19 1.53 3.22 6 . 0 0 0. 17 0.0 2.01 3 . 2 0 2.47 0.0 1.00 0.0 2.80 0.0 3.70 0.0 3.70 0.0 3.70 2 1 . 2 5 16.26 TOTAL OPER. COST 9.21 5.74 3.85 2.92 6. 16 6. 18 3.80 7.56 1.94 5.23 6.59 6.59 6.59 50.82 3 0 . 4 5 50.92 123. 16 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) 0.42 0.48 0.53 0.58 0.64 200.00 23.90 31.85 39.80 47.75 55.70 225.00 35. 12 44.07 53.01 61.96 70.90 250.00 46.34 56.28 66.22 76. 16 86.09 275.00 57.56 68.50 79.43 90.36 101.29 300.00 68.78 80.71 92.63 104.56 11 6 . 4 8 LB. QUANTITY OF COTTON LINT C6.14 ^B^, PROJECTIONS FOR PLANNING PURPOSES ONLY NOT TO BE USED WITHOUT UPDATING AFTER 11-17-84 258 B-124KC06) COTTON, IRRIGATED TEXAS ROLLING PLAINS II REGION 1985 PROJECTED COSTS AND RETURNS PER ACRE CATEGORY GROSS RECEIPTS COTTON LINT COTTONSEED DEFICIENCY PMT. TOTAL PROJECTED RETURNS PROJECTED YIELD UNIT 525.00 0.42 525.00 VARIABLE COSTS INPUT USE PREHARVEST COSTS ♦SEED COTTON 20.00 FERT (N) APPL'D 20.00 FERT (P) APPL'D 20.00 MISC. EXPENSE 1.00 ♦HERBICIDE 1.00 GLEAN 4.00 IRRIGATION WATER 14.00 FUEL & LUBE--TRACTOR EQUIPMENT IRRIGATION R E PA I R S T R A C T O R EQUIPMENT IRRIGATION LABOR MACHINERY 2.47 IRRIGATION 1.40 EQUIPMENT 0.98 OTHER 2.00 OPERATING CAPITAL 44.31 SUBTOTAL, PREHARVEST HARVEST COSTS 525.00 ♦GIN.BAG & TIES CONTRACT BROKER 1 .09 FUEL & LUBE--TRACTOR R E PA I R S T R A C T O R EQUIPMENT LABOR MACHINERY 0.88 EQUIPMENT 0.01 SUBTOTAL. HARVEST TO TA L VA R I A B L E COSTS PROJECTED YOUR VALUE ESTIMATE S/UNIT LB. TON LB. 0.53 90.00 0. 19 LB. LB. LB. ACRE ACRE OZ. ACIN ACRE ACRE ACRE ACRE ACRE ACRE HOUR HOUR HOUR HOUR DOL. ACRE 0.40 0.29 0.23 5.00 6.00 14.50 LB. BALE ACRE ACRE ACRE HOUR HOUR ACRE ACRE $ 8.00 5.80 4.60 5.00 6.00 58.00 5.00 5.00 5.00 5.00 0.140 $ 0.08 1.25 5.00 5.00 $ $ 278.25 37.80 99.75 415.80 $ 11.60 2.26 40.25 3.71 2. 18 3.34 12.35 7.00 4.90 10.00 6.20 191.20 $ 44.62 1.36 4.33 1.37 3.27 4.40 0.05 59.40 $ 250.60 $. BREAK-EVEN PRICE. VARIABLE COSTS $ 0.22/LB. COTTON LINT 3. INCOME ABOVE VARIABLE COSTS ACRE 4. FIXED COSTS DEPREC..INTEREST,TAXES & INSUR. TRACTOR EQUIPMENT I R R I G AT I O N LAND---NET SHARE-RENT CROP INSURANCE 1.00 TO TA L FIXED COSTS ACRE ACRE ACRE ACRE ACRE ACRE 5 . TO TA L P R O J E C T E D C O S T S A C R E BREAK-EVEN PRICE. TOTAL COSTS $ 165.20 $ 37.33 21.46 32.19 74.23 4.50 4.50 $ 169.71 $; $ 420.31 $ $ 0.54/LB. COTTON LINT 6. NET PROJECTED RETURNS ACRE $ -4.51 $ LAND (NET RT) BASED ON 1/4 OF GROSS LESS 1/4 OF FERT, INSECT, GINNING, BAGS, TIES AND CROP INSURANCE. PRICE BASED ON LOAN RATE ADJUSTED FOR QUALITY. DEFICIENCY PAYMENT BASED ON COMPLIANCE W/ 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^PN C6.15