Wheat,
Crop
Tractors,
Products
and
C7.37
Resources
C7.38
Resources
Land
C7.39
Resources
Perennial
C7.40
Crop
or
Resources
Improvements
Irrigation
C7.41
Resources
C7.42
Equipment
Machinery
C7.43
Cost
Report
Parameters
CENTRAL
TEXAS
C7.46
1
L7.1
Sheep
Production
L7.3
Goat
Production
L7.5
Budget
Products
TEXAS
Coastal
DISTRICT
Bermudagrass
Corn
C8.
Establishment,
Bermudagrass
H a y,
Dryland
H a y,
x11
Dryland
Dryland
Establishment,
Kleingrass
Dryland
Dryland
Pasture,
Silage,
Sorghum,
Kleingrass
L7
Report
Bermudagrass
Coastal
L7.
Production
Ranch
Coastal
C7.44
Report
DISTRICT
Cow-Calf
Livestock
CENTRAL
C7.36
Resources
Livestock
Budget
WEST
C7.35
Resources
Operation
Labor
Buildings
C7.32
Resources
Truck
Custom
C7.31
Equipment
Input
or
C7.29
Report
Implements
Operating
Auto
Dryland
Dryland
Dryland
.7
L7.9
1
C8.1
C8.3
C8.5
C8.7
C8.9
C 8 . 11
C8.13
Kleingrass
Native
Grass
Small
Runner
Runner
Grain
Peanuts,
Dryland,
Peanuts,
Spanish
Irrigated,
Spanish
Peanuts,
Skip-Row
Peaches,
Corn
Set
Tractors,
Auto
H a y,
Dryland
C8.33
Pasture,
Dryland
C8.35
C8.41
Third
Ye a r
C8.43
Products
Fifteenth
Ye a r s
after
Diversion
Production
after
for
Following
Ye a r s
Wheat
Continuous
with
Input
Equipment
Resources
Truck
Resources
xili
C8.47
C8.49
Payment
C8.51
Wheat
C8.53
Hay
Grain
C8.45
Wheat
C8.55
Sorghum
C8.57
Grazing
C8.59
Report
and
C8.39
Ye a r
Previous
without
Production,
Ye a r
Second
through
Production
Wheat
C8.37
First
Irrigated,
Land
C8.27
C8.31
Irrigated,
Production
or
Planting
C8.25
Plant
Irrigated,
Wheat
Operating
Plant
Solid
after
Implements
Solid
Dryland
Sorghum
Crop
C8.23
Irrigated,
Production
Sorghum
Planting
C8.29
Fourth
Aside
C8.21
Plant
Irrigated,
Cotton
C8.19
Planted
Skip-Row
Wheat,
Peaches,
C8.17
Solid
Sudangrass
Peaches,
C8.15
Dryland,
Sudan-Sorghum
Peaches,
Dryland
Solid
Irrigated,
Peanuts,
Dryland
Grazing,
Dryland,
Peanuts,
Dryland
Pasture,
for
Peanuts,
Runner
Runner
Pasture,
C8.61
•
C8.62
C8.67
C8.70
Custom
Operation
Resources
Labor
Resources
Livestock
C8.73
Resources
Perennial
C8.74
Crop
or
Resources
Improvements
Irrigation
Resources
Cost
Parameters
TEXAS
Dairy
Dairy
to
L8.
Production
(with
Production
Farrow
C8.79
Report
DISTRICT
Production
Feeder
Silage)
Hog
P1g
Production
Production
Market
C8.82
1
L8.1
Silage)
(without
Finishing
C8.76
C8.77
Report
Cow-Calf
Livestock
EAST
C8.75
Equipment
Machinery
Budget
CENTRAL
C8.72
Resources
Land
Buildings
C8.71
Hogs
L8.3
L8.5
L8.7
L8.9
L 8 . 11
Goat
Production
L8.13
Sheep
Production
L8.15
Stocker
Calf
Production
L8.17
Stocker
Calf
Production
L8.19
Products
TEXAS
Corn,
Report
DISTRICT
Dryland,
Sweet
Cotton,
Peanuts,
Peanuts,
Sorghum,
High
Corn
Dryland,
Dryland,
Irrigated,
Dryland,
x1v
C9.
Level
Production,
Management
Dryland
L8.21
1
C9.1
C9.3
Typical
Management
C9.5
Typical
Management
C9.7
High
Level
Typical
Management
Management
C9.9
C 9 . 11
Sorghum,
Dryland,
Soybeans,
High
Dryland,
Southern
Peas
Coastal
Maintenance
Maintenance
C9.23
C9.25
C9.27
Clover
Establishment,
Dryland
C9.29
Arrowleaf
Clover
Establishment,
Dryland
C9.31
Coastal
Bermuda-Clover,
Pasture
Maintenance
C9.33
Common
Bermuda-Clover,
Pasture
Maintenance
C9.35
S-1
Clover
Pasture
Small
-
Ryegrass
Te m p o r a r y
Christmas
Christmas
Establishment
Maintenance
Grains
Summer
Tree
Tree
Winter
Production
Production
C9.39
Pasture
Pasture,
C9.37
C9.41
Dryland
C9.43
(Wholesale)
C9.45
(Choose
&
Cut)
C9.49
Peaches,
Dryland,
50
Trees/Acre,
1st
Ye a r
C9.53
Peaches,
Dryland,
50
Trees/Acre,
2nd
Ye a r
C9.55
Peaches,
Dryland,
50
Trees/Acre,
3rd
Ye a r
C9.57
Peaches,
Crop
Dryland,
50
Trees/Acre,
Products
and
Input
or
4th
to
15th
Report
Implements
Operating
Custom
C9.17
C9.21
Maintenance
Pasture,
C9.15
C9.19
Hay
Pasture,
C9.13
Crimson
Lovegrass
Auto
Dryland
Establishment
Pasture,
Bermudagrass
LA
Tractors,
Management
Bermudagrass
Bahiagrass
r
Management
Market),
Bermuda
Bermuda
Common
Typical
(Fresh
Coastal
Coastal
Level
Equipment
Resources
Truck
Resources
Operation
Resources
xv
Ye a r
C9.59
C9.61
C9.62
C9.68
C9.70
C9.71
Labor
Resources
Livestock
Resources
Land
C9.74
Crop
or
Resources
Improvements
Irrigation
Resources
C9.76
C9.77
Cost
Report
Parameters
TEXAS
Report
L9.1
Production
Stocker
Calf
L9.3
Production
L9.5
Contract
Broilers
L9.7
Contract
Broilers
L9.9
Contract
Broiler
Contract
Breeder
Breeder
Pullet
Products
CENTRAL
TEXAS
L 9 . 11
Production
L9.13
C10.
Dryland
Cotton,
Brazos
Sorghum,
Va l l e y
H a y,
Sorghum
C10.3
Dryland
Sorghum
Pasture,
Wheat,
Dryland
C10.9
Dryland
C 1 0 . 11
Establishment,
Bermudagrass
Bermudagrass
xv 1
C10.5
C10.7
Dryland
Bermudagrass
L9.15
1
C10.1
Dryland
Cotton,
Coastal
Production
Report
DISTRICT
Corn,
Coastal
C9.81
1
L9.
Production
Dairy
Coastal
C9.78
DISTRICT
Cow-Calf
Livestock
SOUTH
C9.75
Equipment
Machinery
Budget
EAST
C9.73
Resources
Perennial
Buildings
C9.72
H a y,
Pasture,
C10.13
Dryland
Dryland
Dryland
C10.15
C10.17
C10.19
/*^%
Winter
Crop
Pasture,
Products
Tractors,
Auto
and
Custom
Truck
C10.31
Resources
C10.32
Resources
C10.33
Resources
Land
C10.34
Resources
Perennial
Crop
Buildings
or
Improvements
Resources
C10.37
C10.38
Equipment
Machinery
C10.39
Cost
Report
Parameters
CENTRAL
TEXAS
P1g
Finishing
Stocker
Steer
Products
Cotton,
Production
L10.3
Hogs
L10.5
Production
L10.7
L10.9
C 11 . 1
Dryland
R1ce,
First
First
and
C10.43
1
L10.1
Report
DISTRICT
COAST
Rice,
L10.
Production
Feeder
UPPER
C10.40
Report
DISTRICT
Cow-Calf
Livestock
TEXAS
C10.36
Resources
Irrigation
Budget
SOUTH
C10.35
Resources
Management
Crop
C10.29
Resources
Operation
Livestock
J^V
C10.24
Resources
Labor
^^
C10.23
Equipment
Input
or
C10.21
Report
Implements
Operating
Dryland
C 11 . 1
Crop
Second
C 11 . 3
Crop
C 11 . 5
Sorghum,
Dryland
C 11 . 7
Soybeans,
Dryland
C 11 . 9
Products
Report
xvii
C 11 . 11
Tractors,
Implements
Operating
Auto
Custom
and
Input
or
Truck
C 11 . 1 7
Resources
C 11 . 1 8
Resources
C 11 . 1 9
Equipment
Cost
Parameters
UPPER
COAST
Report
DISTRICT
C 11 . 2 3
L 11 . 1
L 11 . 1
Report
DISTRICT
Corn,
L 11 . 3
C12.1
Irrigated
Cotton,
C12.1
Dryland
Cotton,
C12.3
Irrigated
Sorghum
H a y,
Sorghum,
Sorghum,
Sorghum,
C 11 . 2 1
Production
Products
TEXAS
Forage
C 11 . 2 0
Report
Cow-Calf
Livestock
SOUTH
C 11 . 1 6
Resources
Irrigation
Dryland,
C12.7
C12.9
Irrigated
C 1 2 . 11
Tillage
Irrigated
Spanish,
Peanuts,
Dryland
Conservation
Spanish,
C12.13
C12.15
Dryland
C12.17
Irrigated
C12.19
Broccoli,
Irrigated
C12.21
Cabbage,
Irrigated
C12.23
Cantaloupes,
Carrots,
Irrigated
Irrigated
"**%
C12.5
Dryland
Soybeans,
Peanuts,
a^l
C 11 . 1 5
Resources
Operation
Land
Budget
TEXAS
C 11 . 1 2
Resources
Labor
Machinery
Equipment
C12.25
C12.27
a**±
Cucumbers,
XV111
Irrigated
C12.29
J
Honeydews,
Irrigated
Lettuce,
Irrigated
Ye l l o w
Bell
Irrigated
C12.35
Peppers,
Irrigated
C12.37
Peppers,
Spring
Irrigated
To m a t o e s ,
Watermelons,
Watermelons,
C12.39
Irrigated
C12.41
Dryland
C12.43
Irrigated
C12.45
Grapefruit
Establishment
-
Ye a r
1
(145
trees/acre)
C12.47
Grapefruit
Establishment
-
Ye a r
2
(145
trees/acre)
C12.49
Grapefruit
Establishment
-
Ye a r
3
(145
trees/acre)
C12.51
Grapefruit
Establishment
-
Ye a r
4
(145
trees/acre)
C12.53
Grapefruit,
JP^V
C12.33
Onions,
Jalapeno
Fresh
C12.31
Mature
Grove
(145
trees/acre)
C12.55
Oranges
Establishment
-
Ye a r
1
(200
trees/acre)
C12.57
Oranges
Establishment
-
Ye a r
2
(200
trees/acre)
C12.59
Oranges
Establishment
-
Ye a r
3
(200
trees/acre)
C12.61
Oranges
Establishment
-
Ye a r
4
(200
trees/acre)
C12.63
Oranges
-
Mature
Grove
(200
Plant
Type
Cane,
Grasses,
Bermuda
Irrigated
H a y,
Pasture,
Grass
Kleingrass
Irrigated
Irrigated
Irrigated
Establishment,
B u f fl e g r a s s ,
Dryland
Dryland
Establishment,
C12.65
C12.67
Establishment,
Grass
Bermuda
B u f fl e
.
Cane
Ratoon
Bermuda
trees/acre)
Dryland
C12.69
C12.71
C12.73
C12.75
C12.77
C12.79
C12.81
JP^N
Kleingrass
Pasture,
xix
Dryland
C12.83
Crop
Tractors,
Products
Implements
Operating
Auto
Report
and
C12.90
Resources
Operation
Labor
C12.92
Resources
C12.93
Resources
Livestock
C12.95
Resources
Land
C12.96
Resources
Perennial
C12.97
Crop
or
Resources
Improvements
Irrigation
C12.98
Resources
C12.99
Equipment
Machinery
Budget
SOUTH
C12.86
Resources
Truck
Custom
Buildings
Equipment
Input
or
C12.85
Cost
Report
Parameters
TEXAS
Cow-Calf
Livestock
SOUTHWEST
Unimproved
Production,
Cow-Calf
1/3
Production,
Bermuda
Coastal
Coastal
Coastal
Coastal
Pasture
Forage
H a y,
Pasture
For
Grazing,
Grazing,
Irrigated
Irrigated
Establishment,
For
Dryland
Dryland
Pasture,
H a y,
L12.1
L12.3
L12.5
L12.7
C13.1
Establishment,
Bermuda
Sorghum
Oats
Country
Pasture
Pasture,
Bermuda
Coastal
Improved
Establishment,
Pasture,
Bermuda
Brush
Report
DISTRICT
Bermuda
Bermuda
C12.104
L12.1
Improved
Products
TEXAS
Coastal
C12.101
Report
DISTRICT
Production,
Cow-Calf
C12.100
Irrigated
Irrigated
Irrigated
Irrigated
C13.1
C13.3
C13.5
C13.7
C13.9
C 1 3 . 11
C13.13
C13.15
•'-=%
Forage
Sorghum
H a y,
Dryland
C13.17
Forage
Sorghum
Corn
for
H a y,
Silage,
Corn,
Corn
Irrigated
Irrigated
Dryland
for
Food,
C13.19
C13.21
C13.23
Irrigated
C13.25
Cotton,
Irrigated,
Long
Season
Va r i e t i e s
C13.27
Cotton,
Irrigated,
Short
Season
Va r i e t i e s
C13.29
Dryland,
Short
Season
Va r i e t i e s
C13.31
Cotton,
Sorghum,
Dryland
C13.33
Irrigated
C13.35
Dryland
C13.37
Irrigated
C13.39
Sorghum,
Guar,
Guar,
Peanuts,
Florunner,
Irrigated
C13.41
Spanish,
Dryland
C13.43
Peanuts,
Soybeans,
Irrigated
Winter
Wheat,
Winter
Irrigated
C13.47
Dryland
C13.49
Irrigated
C13.51
Wheat,
Dryland
C13.53
Beets,
Irrigated
C13.55
Wheat,
Spring
Wheat,
Spring
Processed
Cabbage,
Irrigated
Cantaloupes,Irrigated
Carrots,
Carrots,
Irrigated
Cucumbers,
Cucumbers
Irrigated
(Pickles),
C13.57
C13.59
Irrigated
Processed
C13.45
Irrigated
C13.61
C13.63
C13.65
C13.67
Lettuce,
Irrigated
C13.69
Onions,
Irrigated
C13.71
xx 1
Fresh
Market
Processed
Pecan
Pecan
Spinach,
Spinach,
Orchard,
Orchard,
Irrigated
Irrigated
Establishment
Pre-Production
C13.73
Phase
C13.75
Phase
( Ye a r s
C13.77
1-4)
C13.79
P e c a n O r c h a r d , E a r l y P r o d u c t i o n P h a s e ( Ye a r s 5 - 9 ) C 1 3 . 8 1
Pecan
Orchard,
Operational
Phase
( Ye a r s
10-20)
C13.83
P e c a n O r c h a r d , E a r l y P r o d u c t i o n P h a s e ( Ye a r s 5 - 9 ) C 1 3 . 8 5
Pecan
Crop
Operational
and
Custom
C13.87
C13.89
C13.90
Resources
Truck
C13.94
Resources
Operation
Labor
C13.96
Resources
C13.97
Resources
Livestock
C13.98
Resources
Land
C13.99
Resources
Perennial
Crop
or
C13.100
Resources
Improvements
Management
C13.101
Resources
C13.102
Resources
Irrigation
C13.103
Equipment
Machinery
Budget
SOUTHWEST
10-20)
Equipment
Input
or
( Ye a r s
Report
Implements
Operating
Buildings
Phase
Products
Tractors,
Auto
Orchard,
Cost
C13.104
Report
Parameters
TEXAS
Cow-Calf
Report
DISTRICT
Production,
Cow-Calf
Unimproved
Production,
Cow-Calf
C13.106
1/3
Production,
Brush
Improved
Improved
C13.109
L13.1
Country
Pasture
Pasture
L13.1
L13.3
L13.5
Sheep
Production
L13.7
Goat
Production
L13.9
xxli
Livestock
TEXAS
Products
C O A S TA L
Alfalfa
Establishment,
Alfalfa,
Dryland,
Dryland,
Corn,
Set
Coastal
L 1 3 . 11
C14.1
Claypan/Blackland
Claypan/Blackland
Claypan/Blackland
Sorghum,
Winter
Report
DISTRICT
BEND
Claypan/Black
Wheat,
Aside
Dryland,
Land,
Bermudagrass
land
Estab.
Tilled,
-
C14.3
C14.5
Claypan/Blackland
Clean
C14.1
Upland
Claypan/Blackland
C14.7
C14.9
C 1 4 . 11
C14.13
Coastal Bermuda Pasture, Dryland-Claypan/Blackland C14.15
Kleingrass Establ1shmt., Dryland-Claypan/Blackland C14.17
Kleingrass
Pasture,
Corn,
Cotton,
Rice,
Coastal
Dryland,
Aside
Clean
Sorghum
Peanuts,
Plain
C14.23
Plain
C14.25
Coastal
C14.27
Plain
Dryland
C14.29
C14.31
Dryland,
Rio
Grande
Plain
C14.33
Irrigated,
R1o
Grande
Plain
C14.35
R1o
Sorghum
B u f fl e g r a s s
Tilled,
C14.19
C14.21
Plain
Pasture,
Watermelons,
B u f fl e g r a s s
Coastal
Coastal
Land
Peanuts,
Plain
Coastal
Irrigated,
Sorghum,
Set
Dryland
Grande
Pasture,
Estab.,
Pasture,
Dryland,
Dryland
Dryland
Rio
-
Plain
Rio
Grande
Grande
C14.37
C14.39
Plain
C14.41
Plain
C14.43
Coastal Bermuda Establishment - Rio Grande Plain C14.45
Coastal Bermuda Pasture, Dryland-R1o Grande Plain C14.47
\
Kleingrass
Establishment,
XX111
Dryland
C14.49
Kleingrass
Crop
Tractors,
Products
and
Input
or
Custom
Resources
C14.62
C14.63
C14.64
Resources
Crop
or
C14.65
Resources
Improvements
Irrigation
C14.66
Resources
Equipment
Cost
Parameters
C O A S TA L
Cow-Calf
Budget
C14.61
Resources
Perennial
Livestock
C14.60
Resources
Land
Budget
TEXAS
C14.54
Resources
Operation
Livestock
Machinery
Equipment
Truck
Products
1/4
Improved
Report
Index
xx iv
C14.69
Report
DISTRICT
BEND
C14.67
C14.68
Report
Production,
C14.51
C14.53
Resources
Labor
Buildings
Dryland
Report
Implements
Operating
Auto
Pasture,
Pasture
C14.73
L14.1
L14.1
L14.3
11
r
AN INTRODUCTION TO THE TEXAS CROP AND LIVESTOCK BUDGETS*
Estimating the production costs and returns of farm enterprises for planning purposes is a
difficult, but important, task. Timely and accurate cost of production estimates are necessary:
(a) to make input use decisions, and to arrange for operating capital requirements, (b) for
enterprise selection, (c) to estimate the potential profitability of capital investment decisions,
and (d) to develop marketing strategies and assess their impact on costs and returns.
Budgeting is a deceivingly simple tool which can be used for analysis of problems ranging
from day-to-day detailed choices to major questions about the size and type of farm business.
Budgeting, as a management tool, is the testing and estimation of likely outcomes from
decisions before they are implemented. Enterprise budgets are both a product of and the basic
building block for the planning process.
The Texas Crop and Livestock Budgets are projected enterprise budgets jointly prepared by
the Texas Agricultural Extension Service (TAEX) and the Texas Agricultural Experiment Station
(TAES) to assist farmers and ranchers in estimating "real" economic costs and returns of
production, in current dollars. The information presented in the budgets is prepared as a
management planning guideline and therefore is not intended to recognize or predict the costs
and returns from any particular farm or ranch operation. It is suggested that users modify the
budgets to fit their individual situations by making changes in yields, input levels, prices and
other factors. A column titled "Your Estimate" is provided on each budget to make
modifications convenient Furthermore, the expiration date on each budget indicates updating is
necessary.
* Prepared by Robert H. Jenson, Assistant for Management Analysis, Department of
Agricultural Economics, Texas A&M University, College Station, February, 1986. This paper is
designed to accompany the distribution of the Texas Crop and Livestock Budgets (TAEX) and
is reviewed and updated annually.
1 Alternative procedures are mixed in their method of handling the impact of inflation on
costs, or attempt to estimate nominal cash costs of production either before or after relevant
taxes. In fact, most budgets are a mixed bag of nominal, real, before-tax, after-tax, cash
and non-cash concepts and procedures.