B-1241
BUDGETS FOR TEXAS CROPS AND LIVESTOCK
INTRODUCTION
Enterprise budgets were developed by the Extension
economist-management for each of the fourteen Ex
tension Districts.
■e r a ■— ■— m e m i n
P mh; indie 1
arm
ram
• District Headquarters
©Texas A&M University
or.
Texas Agricultural Extension Service
Pecpte J/efyocg Peo/?& ■ -—_--_____-_.
scuthwest
wr
e District Headquarters
O Texas A&M University
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*
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5tal Bend 14
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South ti 2
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EXTENSION ECONOMIST-MANAGEMENT
Extension District
1 - Panhandle
Economist-Management
Dr. Stephen Amosson, 6500 Amarillo Blvd. West,
- -Amarillo, TX 79106 Phone: (806)359-5401
2 -South Plains
Dr. Jackie Smith, Route 3, Box 213AA,
Lubbock, TX 79401 Phone: (806)746-6101
3 - Rolling Plains
"Texas Agricultural Extension Service, Box 2159,
Vernon, TX 76384-2159 Phone: (817)552-9941
4 - North Central
Dr. Kenneth Stokes, 17360 Coit Road,
Dallas, TX 75252 Phone: (214)231-5362
5 - Northeast Texas
Dr. Greg Clary, P.O. Box 220,
Overton, TX 75684 Phone: (214)834-6191
6 - Far West Texas
Richard Patterson, Box 1298,
Fort Stockton, TX 79735 Phone: (915)336-8585
7 - West Central Texas
Texas Agricultural Extension Service,
7887 N. Highway 87,
San Angelo, TX 76901-9782 Phone: (915)653-4576
8 - Central Texas
Dr. Ashley Lovell, Route 2, Box 1,
Stephenville, TX 76401 Phone: (817)968-4144
9 - East Texas
Dr. Greg Clary, P.O. Box 220,
Overton, TX 75684 Phone: (214)834-6191
10 - South Central Texas
Dr. Gerald Cornforth, P.O. Box 2150,
Bryan, TX 77806-2150 Phone: (409)845-6800
11 - Upper Coast
Dr. Arthur Gerlow, P.O. Box 2150,
Bryan, TX 77806-2150 Phone: (409)845-6800
12 - South Texas
Dr. Merritt Taylor, 2401 E. Highway 83,
Weslaco, TX 78596 ^ Phone: (512)968-5581
13 - Southwest Texas
Jose G. Pena, Drawer 1849,
Uvalde, TX 78801
14 - Coastal Bend
K
Phone: (512)278-9151
Dr. Gary Kemph, Route 2, Box 589,
Corpus Christi, TX 78410 Phone: (512)265-9203
* These positions are not presently filled.
1
v > x
r
CONTENTS
An
Introduction
to
the
Te x a s
Crop
and
Livestock
Budgets
:
1
Procedure
»
'-'
•
•
•
Te r m i n o l o g y
Used
in
Budgets
_•
■
Calculating
Annual
Capital
Requirements
'"I
,i"V
""
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
Other
Information
Available
Limitations
;.
.
.
.
pj
2
3
5
6
7
7
Availability
Appendix
I.
8
9
Tractor,
Field
Fuel
Lube
Formulae
' . .4" . " .
Estimating
Machinery
Cost
5
Implement
Cost
Calculation
:-;.
.
.
Calculation
•
'
and
Cost
Calculations
Calculation
/.
10
Machinery
and
Capacity
Requirement
Cost
Repair
Insurance
for
and
Maintenance
-:
9
:
10
11
Depreciation
11
Interest
on
Investment
'
11
Note on Hours of Annual Use of Tractors, Machinery and Implements 12
Equipment
Fuel
Repair
Hired
Insurance
Depreciation
Interest
Auto
Fuel
and
Repair
Operator
Insurance,
Depreciation
Interest
Cost
and
on
Truck
and
Procedure
Calculations
Investment
Cost
Calculation
Maintenance
Labor
License,
and
on
Breeding,
Livestock
Depreciation
Interest
Milking
Building
Fuel
Repair
Labor
Property
Insurance
Depreciation
Interest
Cost
or
Operating
TEXAS
Calculation
Costs
Maintenance
Labor
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
Investment
Calculation
Procedure
DISTRICT
'
9
10
12
12
12
12
12
13
13
13
13
13
14
14
14
14
15
15
15
15
15
15
.15
16
.jg
-Ig
1g
1g
16
C1.1
Alfalfa
Establishment,
Alfalfa,
Furrow
Furrow
Irrigated,
Winter
Winter
Corn
Corn
for
Furrow
Grain,
Grain,
Corn
Furrow
Furrow
Spanish,
Furrow
Cont.
Sorghum,
Sorghum,
Soybeans,
Furrow
Sprinkler
Furrow
Wheat,
Irrigated,
Gas)
C1.9
Gas)
Gas)
for
H a y,
Irrigated,
Furrow
Sprinkler
C1.17
Irrigated
C1.19
C1.21
Gas)
Dryland
(Natural
(Natural
Irrigated,
C1.29
Gas)
C1.31
Gas)
C1.33
C1.35
Dryland
C1.37
(Natural
(Natural
C1.25
C1.27
Irrigated
Irrigated,
C1.23
Gas)
(Natural
Wheat,
C1.13
Irrigated
Continuous
Irrigated,
C 1 . 11
C1.15
(Natural
Beets,
Wheat,
C1.7
Dryland
Irrigated,
Continuous
Cont.
Sprinkler
Dryland,
Sugar
Continuous
Sprinkler
Sorghum
Sorghum,
Cont.
(Natural
Sorghum,
Sorghum,
Forage
(Natural
Irrigated,
C1.3
Gas)
Dryland
Forage
Forage
(Natural
Irrigated,
C1.1
C1.5
(Natural
Irrigated,
Florunner,
Peanuts,
Gas)
Dryland
Cotton
Peanuts,
Gas)
(Natural
Irrigated,
Sprinkler
Silage,
(Natural
B a r l e y,
B a r l e y,
foir
Irr1.
Gas)
Gas)
C1.39
C1.41
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Wheat
Bud
C1.43
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Fallow
Bud
C1.45
Min
Till
Wheat
Bud
C1.47
M1n
Till
Fallow
Bud
C1.49
Rotation:
Rotation:
Set
Set
Wheat-Fallow-Wheat:
Wheat-Fallow-Wheat:
Aside
Aside
Land
Land
for
for
Dryland
Crops
-
Conventional
C1.51
Irrigated
Corn
-
Conventional
C1.53
11
Set
Aside
Land
for
Irrigated
Small
Conv
C1.55
Sorghum-Fallow-Wheat:
Min
Till
Fallow
C1.57
Rotation:
Wheat-Fallow-Sorghum:
M1n
Till
Fallow
C1.59
Rotation:
Wheat-Fallow-Sorghum:
No
Fallow
C1.61
Permanent
Pasture
Establishment,
Permanent
Pasture,
Sprinkler
Products
Tractors,
Custom
Sprinkler
Irrig
C1.63
(Natural
Gas)
C1.65
Irrig.
and
Input
or
Till
Report
Implements
Operating
C1.67
Equipment
Resources
Truck
C1.72
Resources
C1.73
Resources
Livestock
C1.74
Resources
Land
C1.75
Resources
Perennial
Buildings
or
Improvements
Resources
Cost
Parameters
PA N H A N D L E
Winter
Report
C1.81
Report
DISTRICT
C1.84
L1.1
Summer
SOUTH
Alfalfa
Stocker
Products
PLAINS
Establishment,
Alfalfa
Budget
Stocker
H a y,
Calf
Calf
Irrigated
Budget
L1.3
Budget
L1.5
(Sprinkler)
(Sprinkler)
Irrigated
111
L1.1
Report
DISTRICT
Irrigated
Furrow
C1.78
C1.79
Cow-Calf
Corn,
C1.77
Equipment
Machinery
Livestock
TEXAS
.76
Resources
Irrigation
Budget
TEXAS
C1
Crop
C1.68
C1.71
Resources
Operation
Labor
\
-
Rotation:
Crop
Auto
Grains
L1.7
C2.1
C2.1
C2.3
C2.5
Corn,
Cotton,
2X1,
Sprinkler
Dryland
Cotton,
2X1,
Irrigated
(Heavier
Dryland
Te x t u r e d
(Sandy
C2.7
Soils)*
Soils)*
a^^
C2.9
C 2 . 11
C o t t o n , F u r r o w I r r i g a t e d ( H e a v i e r Te x t u r e d S o i l s ) C 2 . 1 3
Cotton,
Sprinkler
Irrigated
(Sandy
Soils)
C2.15
G r a i n S o r g h u m , D r y l a n d ( H e a v i e r Te x t u r e d S o i l ) C 2 . 1 7
Grain
Sorghum,
Dryland
(Sandy
Soil)
C2.19
S o r g h u m , F u r r o w I r r i g a t e d ( H e a v i e r Te x t u r e d S o i l s ) C 2 . 2 1
Sorghum,
Sprinkler
Set
Aside
Irrigated
Land
Soybeans,
for
S u n fl o w e r s ,
Soils)
Crops
Irrigated
(Heavier
Dryland
(Sandy
C2.25
C2.29
Irrigated
Te x t u r e
C2.23
C2.27
Dryland
Furrow
Dryland
Wheat,
Row
Furrow
S u n fl o w e r s ,
Wheat,
(Sandy
C2.31
Soils)
Soils)
C2.33
^
^
C2.35
W h e a t , F u r r o w I r r i g a t e d ( H e a v i e r Te x t u r e S o i l s ) C 2 . 3 7
Wheat,
Sprinkler
Irrigated
(Sandy
Soils)
C2.39
W h e a t , C e n t e r P i v o t I r r i g a t e d ( H e a v i e r Te x t . S o i l ) C 2 . 4 1
Set
Crop
Tractors,
Custom
and
Input
or
for
Equipment
Resources
Truck
Resources
Operation
Resources
Resources
Land
Wheat
Report
Implements
Labor
Perennial
Land
Products
Operating
Auto
Aside
Resources
Crop
Resources
IV
C2.43
C2.45
C2.46
C2.48
C2.49
C2.50
C2.51
C2.52
C2.53
/
/
^
Irrigation
Equipment
Machinery
Budget
TEXAS
Cost
C2.54
Report
Parameters
PA N H A N D L E
DISTRICT
Report
L1
Cow-Calf
Winter
Livestock
TEXAS
Calf
Stocker
Products
PLAINS
ROLLING
Alfalfa
Calf
Alfalfa,
jF^
Coastal
Bermudagrass
Cotton,
Cotton,
Dryland,
Guar,
Guar,
Sorghum,
Sorghum,
Sorghum,
Dryland,
Wheat,
Wheat,
Products
(Solid
(2X2
Planting)
Cotton,
Crop
C3.
Dryland,
L1.7
1
C3.1
C3.3
C3.5
C3.7
Establishment,
Dryland,
Dryland(2x1
L1.5
Irrigated
H a y,
Dryland
Cotton,
Budget
Irrigated
Bermudagrass
Cotton,
L1.3
Dryland
Alfalfa,
Coastal
Budget
Dryland
Establishment,
C2.57
1
L1.1
Report
DISTRICT
Establishment,
Alfalfa
.
Budget
Stocker
Summer
C2.55
Irrigated
C3.9
Irrigated
C 3 . 11
40"
Rows)
C3.13
Row
C3.15
Pattern)
C3.17
Narrow
Planting
Conservation
Tillage
C3.19
Irrigated
C3.21
Dryland
C3.23
Irrigated
C3.25
Dryland
C3.27
Irrigated
C3.29
Conservation
Tillage
Dryland
Conservation
Report
C3.31
C3.33
Tillage
C3.35
C3.37
Tractors.
Implements
Operating
Auto
and
Input
or
Custom
Truck
C3.42
Resources
C3.43
Resources
C3.44
Resources
Land
C3.45
Resources
Perennial
C3.46
Crop
or
Resources
Improvements
Irrigation
C3.47
Resources
C3.48
Equipment
Machinery
C3.49
Cost
Report
Parameters
ROLLING
PLAINS
Farrow
to
Finish
Hog
P1g
Finishing
Calf
Budget
Stocker
Calf
CENTRAL
-
Pull
off
Budget
Products
TEXAS
Alfalfa
Bermudagrass
L3.5
Hogs
L3.7
Wheat
Grazeout
C4.
Ye a r
Ye a r
Establishment
Bermudagrass
Overseeded
Sorghum
vi
March
Second
Bermudagrass
with
for
L3.3
Production
-
Bermudagrass
Coastal
Production
First
Hay
Coastal
L3.1
Report
DISTRICT
Hay
Alfalfa
Coastal
C3.52
1
L3.
Production
Feeder
Stocker
C3.50
Report
DISTRICT
Cow-Calf
Livestock
NORTH
C3.41
Resources
Operation
Livestock
Budget
TEXAS
C3.38
Resources
Labor
Buildings
Equipment
Hay
Pasture
Ryegrass
&
Hay
Clover
1
L3.9
L 3 . 11
L3.13
1
C4.1
C4.3
C4.5
C4.7
C4.9
C 4 . 11
C4.13
Set
^
Aside
Land
without
Diversion
Payment
C4.15
Wheat
C4.17
\
Corn
Production
Corn
Production
Sorghum
after
Cotton
Production
after
Production
Production,
Spanish
and
C4.23
.....
C4.25
C4.29
Grazing
C4.31
Only
Solid
Plant
C4.42
C4.44
Resources
C4.45
C4.46
Resources
C4.47
Resources
Perennial
Crop
or
C4.48
Resources
Improvements
Irrigation
C4.49
Resources
C4.50
Equipment
Machinery
Cost
C4.51
Report
Parameters
C4.35
C4.38
Resources
Land
C4.33
C4.37
Resources
Operation
C4.27
Crop
Equipment
Truck
Livestock
Budget
.'
Resources
Labor
Buildings
with
Dryland,
Input
Custom
C4.21
Report
Implements
or
Row
Grazing
Products
.....
Continuous
Continuous
Peanuts,
C4.19
.
Wheat
after
Production,
?..'..
Wheat
Wheat
Production,
Wheat
Auto
after
Production
Wheat
Operating
Wheat
Cotton
Wheat
Tractors,
after
Production
Wheat
Crop
after
C4.52
Report
C4.54
Peaches,
Dryland,
50
Trees/Acre,
1st
Ye a r
C4.55
Peaches,
Dryland,
50
Trees/Acre,
2nd
Ye a r
C4.57
Peaches,
Dryland,
50
Trees/Acre,
3rd
Ye a r
C4.59
i^B\
vii
Peaches,
Dryland,
to
15th
Ye a r
C4.61
Trees/Acre,
1st
Ye a r
C4.63
Peaches,
Irrigated,100
Trees/Acre,
2nd
Ye a r
C4.65
3rd
Ye a r
C4.67
Irrigated,
Irrigated,
PECANS,
100
100
Trees/Acre,
Trees/Acre,
I R R I G AT E D ,
E S TA B L I S H M E N T
Ye a r
C4.69
YEAR
C4.71
I R R I G AT E D ,
1ST
TO
4TH
YEAR
C4.73
PECANS.
I R R I G AT E D ,
5TH
TO
9TH
YEAR
C4.75
Crop
I R R I G AT E D ,
10TH
Products
Tractors,
4th-15th
PECANS,
PECANS.
and
Input
or
20TH
YEAR
.
C4.77
C4.79
Equipment
C4.80
Resources
Truck
Custom
TO
Report
Implements
Operating
C4.81
Resources
Operation
C4.82
Resources
Labor
C4.83
Resources
Land
C4.84
Resources
or
C4.85
Improvements
Irrigation
Resources
C4.86
Equipment
Machinery
Budget
NORTH
4th
Irrigated,100
Peaches,
Buildings
Trees/Acre,
Peaches,
Peaches,
Auto
50
C4.87
Cost
Report
Parameters
CENTRAL
Cow-Calf
Cow-Calf
Report
DISTRICT
TEXAS
Production,
Improved
Production,
Native
C4.88
Pastures
Pastures
40
40
C4.89
L4.1
Cow
Herd
L4.1
Cow
Herd
L4.3
Stocker
Steers,
(Wheat
Grazing,
Nov-Feb,
120
Days)
L4.5
Stocker
Steers,
(Wheat
Grazing,
N o v - M a y,
210
Days)
L4.7
Stocker
Dairy
Dairy
Calf
Production,
Production,
Production,
viii
(Native
(without
(with
Pasture)
L4.9
Silage)
L 4 . 11
Silage)
L4.13
f**-
Sheep
Production
L4.15
Goat
Production
L4.17
Feeder
P1g
Production
Market
Farrow
Livestock
NORTHEAST
to
Hogs
Finishing
Products
TEXAS
Hog
Production
C5.
Dryland
Cotton,
C5.7
Peas
C5.9
Production,
Dryland
Bermudagrass
Bermudagrass
H a y,
C5.5
Dryland
Southern
Wheat
L4.25
1
C5.3
Dryland
Soybeans,
L4.23
C5.1
Dryland
Sorghum,
Coastal
L4.21
Report
DISTRICT
Corn,
Coastal
L4.19
C 5 . 11
Establishment
Typical
Management
C5.13
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
Coastal
Bermudagrass
Yuchi
Coastal
Small
Clover
Grains
Christmas
Tractors,
f^-
Custom
Tree
Tree
Winter
Production
Production
Pasture
(Wholesale)
(Choose
&
and
Input
Equipment
Resources
Truck
Resources
Operation
Resources
1x
C5.19
C5.21
Maintenance
Report
Implements
or
Pasture
Ryegrass
Products
Operating
Auto
-
Maintenance
Establishment
Bermudagrass-Clover
Christmas
Crop
Pasture
Cut)
C5.23
C5.25
C5.27
C5.31
C5.35
C5.36
C5.40
C5.42
C5.43
Labor
Resources
Livestock
Resources
Land
C5.45
Resources
Perennial
Buildings
C5.44
C5.46
Crop
or
Resources
Improvements
Irrigation
Resources
C5.49
Cost
Budget
NORTHEAST
Report
C5.50
Report
DISTRICT
C5.53
L5.1
Parameters
TEXAS
Cow-Calf
Cow-Calf
Production-No
Production-Limited
Summer
Dairy
Dairy
Production
with
with
L5.5
Production
L5.7
Raised
Replacement
L5.9
Replacement
L 5 . 11
Purchased
P1g
Production
L5.13
Market
Hog
Production
L5.15
Breeder
Contract
Pullet
Broiler
Breeder
Products
TEXAS
SOUTHERN
HIGH
Upland
VA L L E Y
Production
SET
ASIDE
Cotton,
PUMP'AREA
ASIDE
Report
and
C6.1
BUDGET
Irrigated
SET
Equipment
L5.21
L5.23
C6.1
Dryland
PLAINS
L5.17
L5.19
Report
DISTRICT
Products
Implements
Production
Broilers
Cotton,
Tractors,
Production
L5.3
Calf
Contract
PECOS
Pasture
L5.1
Feeder
Contract
WEST
Pasture
Winter
Calf
Stocker
Production
Winter
Grazed
Stocker
Winter
Crop
C5.48
Equipment
Machinery
Livestock
FAR
C5.47
BUDGET
C6.3
C6.5
C6.7
C6.9
C6.10
0*^
Operating
Auto
Input
or
Truck
Custom
Resources
Operation
Labor
or
C6.15
C6.16
C6.17
Improvements
Resources
Equipment
Cost
WEST
Cow-Calf
C6.20
Report
DISTRICT
C6.22
L6.1
Production
L6.1
Products
CENTRAL
TEXAS
Sorghum,
C6.18
C6.19
Report
Parameters
TEXAS
C6.13
C6.14
Resources
Machinery
f
.'
Resources
Irrigation
Livestock
WEST
•
Resources
Land
Budget
FAR
C6.12
Resources
Livestock
Buildings
Resources
Report
DISTRICT
Dryland
L6.3
C7.1
C7.1
Coastal Bermudagrass Establishment, Dryland C7.3
Coastal
Bermudagrass
Pasture,
Dryland
C7.5
Coastal Bermudagrass Establishment, Irrigated C7.7
Coastal
Bermudagrass
Coastal
Hybrid
Bermudagrass
Sudan-Sorghum
Kleingrass
Irrigated
and
Grazing
Dryland
Dryland
Dryland
Grain
Peanuts,
for
Irrigated,
Cotton,
V
Hay
Pasture,
Oats,
Small
H a y,
Irrigated
Establishment,
Kleingrass
Spanish
Pasture,
Dryland
Cotton,
Irrigated
x1
C 7 . 11
C7.13
C7.15
C7.17
C7.19
Grazing
Solid
C7.9
Planting
C7.21
C7.23
C7.25
Cl.21