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CONTENTS
An
Introduction
to
the
Te x a s
Crop
and
Livestock
Budgets
1
Procedure
2
Te r m i n o l o g y
Used
in
Budgets
.3
Calculating
Annual
Capital
Requirements
5
C a l c u l a t i n g M a c h i n e r y, E q u i p m e n t a n d L i v e s t o c k O w n e r s h i p C o s t s 6
Other
Information
Available
7
Limitations
7
Availability
.
8
Appendix
I.
Formulae
for
Estimating
Machinery
Cost4
9
Tractor,
Field
Fuel
Lube
Machinery
and
Implement
Cost
Calculation5
Capacity
Calculation
Requirement
and
Cost
Calculations
Cost
Calculation
Repair
Insurance
and
Maintenance
9
9
10
10
10
11
Depreciation
11
Interest
on
Investment
11
Note on Hours of Annual Use of Tractors, Machinery and Implements 12
'-yp-v
Equipment
Fuel
Repair
Hired
Insurance
Cost
and
Depredation
Interest
Auto
and
Fuel
Repair
Operator
Insurance,
Depredation
Interest
on
Truck
and
Procedure
Calculations
Cost
Calculation
on
Milking
Building
Fuel
Repair
Labor
Property
Insurance
Depreciation
Interest
Cost
or
Procedures
Calculations
Ta x e s
Investment
and
Working
Livestock
Insurance
(Purchased
Livestock)
on
Investment
Calculation
Utility
and
Procedure
Cost
Maintenance
Ta x
on
Capital
Cost
PA N H A N D L E
12
12
12
12
12
13
13
Investment
Maintenance
Labor
License,
and
Breeding,
Livestock
Depredation
Interest
Operating
TEXAS
Calculation
Costs
Maintenance
Labor
Investment
Calculation
Procedure
DISTRICT
13
13
13
14
14
14
14
15
15
15
15
15
15
15
16
16
16
16
16
16
C1.1
Alfalfa
Establishment,
Alfalfa,
Furrow
Furrow
Irrigated,
Winter
Winter
Corn
Corn
for
Corn
Furrow
Grain,
Grain,
Silage,
Irrigated,
Furrow
Irrigated,
Sprinkler
Irrigated,
Furrow
Irrigated,
Spanish,
Forage
Forage
Furrow
Cont.
Sorghum,
Sorghum,
Furrow
Sprinkler
Continuous
Cont.
Wheat,
Irrigated,
for
Gas)
C1.9
Gas)
Gas)
Sprinkler
Irrigated
C1.19
C1.21
Gas)
Dryland
(Natural
C1.27
Gas)
C1.29
Gas)
C1.31
C1.35
(Natural
Irrigated,
(Natural
^^
C1.33
Dryland
Irrigated,
C1.23
C1.25
Irrigated
Wheat,
Furrow
C1.17
(Natural
Irrigated,
C1.13
Irrigated
Continuous
Irrigated,
C 1 . 11
C1.15
(Natural
H a y,
Beets,
Wheat,
C1.7
Dryland
Dryland,
Sugar
Continuous
Sprinkler
Sorghum
Sorghum,
Cont.
(Natural
Sprinkler
^*%.
C1.3
Gas)
(Natural
(Natural
C1.1
C1.5
(Natural
Sorghum,
Sorghum,
Gas)
Dryland
Florunner,
Peanuts,
Forage
(Natural
Gas)
Dryland
Cotton
Peanuts,
(Natural
B a r l e y,
B a r l e y,
fpr
Irri.
Gas)
C1.37
Gas)
C1.39
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Wheat
Bud
C1.41
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Fallow
Bud
C1.43
Rotation: Wheat-Fa1 low-Wheat: Min Till Wheat Bud C1.45
Rotation:
Set
Set
Set
Wheat-Fa1
Aside
Aside
Aside
Land
Land
Land
low-Wheat:
for
for
Min
Till
Fallow
Bud
C1.47
Dryland
Crops
-
Conventional
C1.49
Irrigated
Corn
-
Conventional
C1.51
for
Irrigated
11
Small
Grains
-
Conv
C1.53
j
0 y \
Rotation:
Sorghum-Fallow-Wheat:
M1n
Till
Fallow
C1.55
Rotation:
Wheat-Fallow-Sorghum:
Min
Till
Failow
C1.57
Rotation:
Wheat-Fallow-Sorghum:
No
Till
Fallow
C1.59
Permanent
Pasture
Establishment,
Sprinkler
Irrig
C1.61
Permanent Pasture, Sprinkler Irrig. (Natural Gas) . . C1.63
Crop
Tractors,
Products
Implements
Operating
Auto
Report
and
Input
or
Resources
C1.72
Resources
C1.73
Resources
Perennial
Crop
or
C1.74
Resources
Improvements
Irrigation
C1.75
Resources
Equipment
Machinery
Cost
Parameters
PA N H A N D L E
Winter
Report
C1.78
Report
DISTRICT
C1.80
L1.1
Budget
Stocker
Summer
Calf
Stocker
Calf
Products
SOUTH
Alfalfa
Establishment,
Alfalfa
H a y,
Irrigated
Irrigated
Corn,
L1.1
Budget
L1.3
Budget
L1.5
Report
DISTRICT
PLAINS
Furrow
C1.76
C1.77
Cow-Calf
Livestock
TEXAS
C1.71
Resources
Land
Budget
TEXAS
C1.70
Resources
Livestock
C1.66
C1.69
Resources
Operation
Labor
Buildings
Equipment
Truck
Custom
01.65
(Sprinkler)
(Sprinkler)
Irrigated
L1.7
C2.1
C2.1
C2.3
C2.5
JflPN
Corn,
Sprinkler
111
Irrigated
C2.7
Cotton,
2X1,
Dryland
Cotton,
Cotton,
2X1,
Furrow
Cotton,
Grain
Dryland
Irrigated
Sprinkler
Sorghum,
Grain
Sorghum,
(Heavier
Sorghum,
Dryland
Aside
Dryland
Wheat,
Wheat,
Wheat,
Crop
Tractors,
Custom
Irrigated
Aside
Land
and
Input
or
(Sandy
Resources
Resources
Operation
Resources
Resources
Land
Soils)
C2.15
C2.17
C2.19
C2.21
C2.23
C2.25
C2.33
C2.35
C2.37
C2.39
C2.41
C2.43
C2.45
C2.46
C2.48
C2.49
C2.50
C2.51
Resources
Crop
Soil)
Wheat
Equipment
Truck
Soils)
Te x t .
for
C2.13
C2.31
Soils)
Te x t u r e
(Heavier
C 2 . 11
C2.27
Soils)
Report
Implements
Labor
Perennial
Irrigated
Products
Operating
Auto
(Heavier
C2.9
C2.29
Te x t u r e
(Sandy
Irrigated
Set
Crops
Irrigated
(Heavier
Dryland
Pivot
Soils)
Irrigated
Furrow
Sprinkler
Center
Soils)
Dryland
Dryland
Furrow
Soil)
Soil)
Row
Furrow
S u n fl o w e r s ,
Wheat,
Te x t u r e d
(Sandy
for
S u n fl o w e r s ,
Wheat,
Soils)
Te x t u r e d
Irrigated
Soybeans,
Soils)
(Sandy
(Heavier
Land
Soils)*
(Sandy
(Heavier
Irrigated
Soils)*
Te x t u r e d
Irrigated
Sprinkler
Set
(Sandy
(Heavier
Sorghum,
Furrow
Te x t u r e d
C2.52
Resources
C2.53
A*%K
Irrigation
Equipment
1v
C2.54
Machinery
Cost
Budget
TEXAS
Parameters
PA N H A N D L E
Report
C2.55
Report
DISTRICT
C2.57
L1.1
Cow-Calf
Winter
Stocker
Summer
Livestock
TEXAS
Budget
Calf
Stocker
Products
PLAINS
ROLLING
Alfalfa
Calf
Irrigated
Dryland
Cotton,
(Solid
Dryland,
Dryland,
Dryland(2x1
(2X2
Planting)
Cotton,
Guar,
Guar,
Sorghum,
Sorghum,
Sorghum,
Dryland,
Wheat,
Wheat,
H a y,
Irrigated
C3.1
C3.5
C3.9
C 3 . 11
Rows)
C3.13
Row
C3.15
Pattern)
C3.17
40"
Narrow
Planting
Conservation
Tillage
C3.19
Irrigated
C3.21
Dryland
C3.23
Irrigated
C3.25
Dryland
C3.27
Irrigated
C3.29
Conservation
Conservation
Products
L1.7
1
Irrigated
Tillage
Dryland
Dryland,
L1.5
C3.7
Establishment,
Bermudagrass
L1.3
C3.3
Irrigated
Bermudagrass
Cotton,
Crop
Dryland
Establishment,
Coastal
Cotton,
C3.
Dryland
Alfalfa,
Cotton,
Budget
Report
DISTRICT
Alfalfa.
Coastal
Budget
Establishment,
Alfalfa
L1.1
C3.31
C3.33
Tillage
Report
C3.35
C3.37
0y^
Tractors,
Implements
and
v
Equipment
C3.38
Operating
Auto
Input
or
Resources
Truck
Custom
C3.43
Resources
C3.44
Resources
Land
C3.45
Resources
Perennial
Crop
or
C3.46
Resources
Improvements
Irrigation
C3.47
Resources
C3.48
Equipment
Machinery
C3.49
Cost
Report
Parameters
ROLLING
Farrow
to
Finish
Hog
P1g
Finishing
Calf
Budget
Stocker
CENTRAL
-
Calf
Pull
Alfalfa
Bermudagrass
Hogs
L3.7
Wheat
Grazeout
C4.
Ye a r
Ye a r
Establishment
Bermudagrass
Land
with
without
Hay
Pasture
Ryegrass
for
vi
March
Second
Sorghum
Aside
L3.5
Bermudagrass
Overseeded
L3.3
Production
-
Bermudagrass
.Coastal
Production
First
Hay
Coastal
L3.1
Report
DISTRICT
Hay
Alfalfa
Set
off
Budget
Products
TEXAS
Coastal
C3.52
L3.1
Production
Feeder
Stocker
C3.50
Report
DISTRICT
PLAINS
Cow-Calf
Livestock
NORTH
C3.42
Resources
Livestock
Budget
TEXAS
Resources
Operation
Labor
Buildings
C3.41
Diversion
&
Clover
Hay
Payment
1
L3.9
L 3 . 11
L3.13
1
C4.1
C4.3
C4.5
C4.7
C4.9
C 4 . 11
C4.13
04.15
Corn
Production
Sorghum
Production
Cotton
Cotton
after
Wheat
Production,
Peanuts,
C4.27
Grazing
C4.29
Only
Solid
Plant
C4.40
C4.42
Resources
C4.43
Resources
C4.44
Resources
Land
C4.45
Resources
Perennial
Crop
or
C4.46
Resources
Improvements
Irrigation
C4.47
Resources
C4.48
Equipment
Machinery
Cost
C4.49
Report
Parameters
C4.33
C4.36
Resources
Operation
C4.31
C4.35
Resources
Livestock
Budget
C4.25
Equipment
Truck
C4.23
Crop
Grazing
and
Labor
Buildings
C4.21
Row
Dryland,
Input
Custom
Wheat
Report
Implements
or
C4.19
Control)
with
C4.17
Wheat
Continuous
Continuous
Products
Operating
Insect
after
Production,
Spanish
Auto
Season
Production
Wheat
Tractors,
after
Production,
Wheat
Crop
(Full
Wheat
after
Production
Wheat
Wheat
after
C4.50
Report
C4.52
Peaches,
Dryland,
50
Trees/Acre,
1st
Ye a r
C4.53
Peaches,
Dryland,
50
Trees/Acre,
2nd
Ye a r
C4.55
Peaches,
Dryland,
50
Trees/Acre,
3rd
Ye a r
C4.57
Peaches,
Dryland,
Peaches,
50
Trees/Acre,
Irrigated,100
vii
4th
Trees/Acre,
to
15th
1st
Ye a r
Ye a r
C4.59
C4.61
Peaches,
Irrigated,100
Peaches,
Peaches,
Crop
Irrigated,
100
100
Trees/Acre,
and
Custom
C4.63
3rd
Ye a r
C4.65
4th-15th
Ye a r
C4.67
C4.69
Equipment
Input
or
Ye a r
Report
Implements
Operating
2nd
Trees/Acre,
Products
Tractors,
Auto
Irrigated,
Trees/Acre,
C4.70
Resources
Truck
C4.71
Resources
Operation
C4.72
Resources
C4.73
Labor
Resources
C4.74
Land
Resources
04.75
Buildings
or
Improvements
Irrigation
C4.77
Cost
Report
Parameters
CENTRAL
TEXAS
Cow-Calf
Production
Cow-Calf
C4.78
Report
DISTRICT
Improved
Production
Native
L4.
Pastures
Pastures
40
40
04.79
1
Cow
Herd
L4.1
Cow
Herd
L4.3
Stocker
Calf
Production
(Wheat
Grazing
Nov-Feb)
L4.5
Stocker
Calf
Production
(Wheat
Grazing
Nov-May)
L4.7
Pasture)
L4.9
Stocker
Calf
Dairy
Production
Production
Dairy
Production
(without
Silage)
(with
Silage)
L 4 . 11
L4.13
Production
L4.15
Goat
Production
L4.17
Pig
Market
Farrow
(Native
Sheep
Feeder
Livestock
C4.76
Equipment
Machinery
Budget
NORTH
Resources
to
Finishing
Products
Production
L4.19
Hogs
L4.21
Hog
Report
v 11 i
Production
L4.23
L4.25
A^)l.
#^
NORTHEAST
TEXAS
Corn,
DISTRICT
Typical
Corn,
High
Cotton,
Level
High
Sorghum,
Sorghum,
Management
Management
Typical
Management
Level
Bermudagrass
Bermudagrass
H a y,
C5.1
Management
Level
High
Coastal
Coastal
Management
Typical
Cotton,
05.1
C5.3
C5.5
C5.7
C5.9
Management
C 5 . 11
Establishment
C5.13
Typical
Management
C5.15
C o a s t a l B e r m u d a g r a s s H a y, H i g h L e v e l M a n a g e m e n t C 5 . 1 7
Soybeans,
Typical
Soybeans,
Wheat
|
Wheat
High
Level
Production,
Production,
High
Management
Management
Typical
Management
Level
Management
Southern
Coastal
Coastal
Small
Yuchi
Christmas
Christmas
Tree
Peaches,
Peaches,
Peaches,
Grains
C5.33
Pasture
Establishment
Sixth
&
Cut)
Ye a r
C5.37
C5.41
C5.45
Second
Ye a r
C5.47
Third
Ye a r
C5.49
Fourth
Ye a r
C5.51
Fifth
Ye a r
C5.53
through
ix
C5.35
(Wholesale)
(Choose
First
Peaches.
C5.29
C5.31
Production
Peaches,
C5.27
Pasture
Production
Peaches,
C5.23
Bermudagrass-Clover
Clover
Tree
C5.21
C5.25
Peas
Bermudagrass
C5.19
Twelfth
Ye a r s
C5.55
Crop
Tractors,
Products
Implements
Operating
Auto
Report
and
C5.62
Resources
Operation
C5.64
Resources
Labor
C5.65
Resources
Livestock
C5.66
Resources
Land
C5.67
Resources
Perennial
C5.68
Crop
or
Resources
Improvements
Irrigation
C5.69
Resources
C5.70
Equipment
Machinery
C5.71
Cost
Budget
NORTHEAST
Parameters
TEXAS
Cow-Calf
Dairy
Production
Dairy
with
Report
DISTRICT
C5.75
L5.1
Production
Purchased
with
Raised
Feeder
Pig
Market
Hog
Light
C5.72
Stocker
Stocker
Broiler
Contract
Breeder
Products
TEXAS
DRYLAND
Replacement
L5.5
Replacement
L5.7
L5.9
Production
L 5 . 11
Calf
Production
L5.13
Calf
Production
L5.15
Broilers
Contract
COTTON,
L5.3
Production
Contract
WEST
L5.1
Production
Production
Heavy
Report
Lease
Cow-Calf
Livestock
FAR
C5.58
Resources
Truck
Custom
Buildings
Equipment
Input
or
C5.57
-
L5.17
Breeder
Production
L5.19
Pullet
Production
L5.21
Report
DISTRICT
Southern
High
Plains
L5.23
06.1
(2X1)
06.1
SET
ASIDE
COTTON,
SET
Crop
Tractors,
I R R I G AT E D
ASIDE
BUDGET
Pump
Area
C6.5
-
Pecos
Va l l e y
Pump
Area
C6.7
C6.9
Equipment
Truck
C6.10
C6.12
Resources
Operation
C6.13
Resources
C6.14
Resources
C6.15
Resources
Land
C6.16
Resources
or
C6.17
Improvements
Management
Resources
C6.18
Resources
Irrigation
C6.19
Equipment
Machinery
Cost
WEST
Report
DISTRICT
Sorghum,
Coastal
Hybrid
Bermudagrass
Sudan-Sorghum
Kleingrass
Pasture,
Establishment,
Bermudagrass
Coastal
Pasture,
H a y,
Hay
Establishment,
x1
C7.
Establishment,
Bermudagrass
Bermudagrass
L6.1
Dryland
Bermudagrass
Coastal
C6.23
L6.1
Production
Products
TEXAS
Coastal
C6.21
Report
DISTRICT
Cow-Calf
Coastal
C6.20
Report
Parameters
TEXAS
CENTRAL
C6.3
Va l l e y
Resources
Livestock
Livestock
WEST
Plains
Pecos
Input
or
High
-
and
Labor
Budget
FAR
Southern
Report
Implements
Custom
Buildings
-
Products
Operating
Auto
BUDGET
and
L6.3
1
C7.1
Dryland
C7.3
Dryland
C7.5
Irrigated
C7.7
Irrigated
Irrigated
Grazing
Dryland
C7.9
C 7 . 11
C7.13
C7.15
Kleingrass
Pasture,
Oats,
Dryland
Small
Spanish
Grain
Peanuts,
for
Irrigated,
Cotton,
Crop
Tractors,
Auto
Solid
Planting
Wheat,
Dryland
C7.29
Report
and
C7.31
Equipment
C7.32
Resources
Truck
C7.35
Resources
Operation
C7.36
Resources
C7.37
Resources
C7.38
Resources
Land
•
C7.39
Resources
Crop
or
C7.40
Resources
Improvements
Irrigation
C7.41
Resources
Equipment
Machinery
Cost
Parameters
CENTRAL
TEXAS
C7.44
Report
DISTRICT
Production
C7.46
L7.1
L7.1
Sheep
Production
L7.3
Goat
Production
L7.5
Ranch
Budget
Products
TEXAS
Coastal
C7.42
C7.43
Report
Cow-Calf
Livestock
CENTRAL
C7.23
C7.27
or
Perennial
C7.21
Irrigated
Input
Livestock
Budget
WEST
Grazing
Cotton,
Labor
Buildings
C7.19
C7.25
Implements
Custom
C7.17
Dryland
Products
Operating
Dryland
L7.7
Report
DISTRICT
Bermudagrass
xii
Establishment,
L7.9
08.1
Dryland
C8.1
Coastal
Bermudagrass
Coastal
Bermudagrass
Corn
H a y,
Pasture,
Silage,
Dryland
Establishment,
Kleingrass
H a y,
Kleingrass
Native
Runner
Dryland
Grain
for
Peanuts,
Dryland
Pasture,
Dryland
Grazing,
Dryland,
Dryland
Solid
C8.3
C8.5
C8.7
C8.9
Dryland
Pasture,
Grass
Small
Dryland
Dryland
Sorghum,
Kleingrass
Dryland
Planted
C 8 . 11
C8.13
C8.15
C8.17
C8.19
C8.21
Runner Peanuts, Dryland, Skip-Row Planting C8.23
Runner
Peanuts,
Irrigated,
Solid
Plant
C8.25
Runner Peanuts, Irrigated, Skip-Row Planting C8.27
{
Spanish
Peanuts.
Dryland,
Spanish
Peanuts,
Solid
Irrigated,
Sudan-Sorghum
Sudangrass
C8.31
C8.33
Pasture,
Dryland
C8.35
Dryland
Irrigated,
Peaches,
Plant
Dryland
Irrigated,
Peaches,
Solid
C8.29
H a y,
Wheat,
Peaches,
Plant
Irrigated,
First
C8.37
Ye a r
C8.39
Second
Ye a r
C8.41
Third
Ye a r
C8.43
P e a c h e s , I r r i g a t e d , F o u r t h t h r o u g h F i f t e e n t h Ye a r s C 8 . 4 5
C o r n P r o d u c t i o n a f t e r P r e v i o u s Ye a r s W h e a t C 8 . 4 7
Cotton
Set
Aside
Production
Land
Sorghum
without
after
Diversion
Production
Sorghum
xiii
for
after
Wheat
C8.49
Payment
C8.51
Wheat
Hay
C8.53
C8.55