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.
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©Texas A&M university
H Bend 14
CONTENTS
An
Introduction
to
the
Te x a s
Crop
and
Livestock
Budgets
Procedure
Te r m i n o l o g y
Used
1n
Budgets
Calculating
Annual
Capital
Requirements
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
Availability
4
Appendix
I.
Formulae
for
Estimating
Machinery
Cost
1
2
3
5
6
7
7
8
9
5
Tractor,
Machinery
and
Implement
Cost
Calculation
Field
Capacity
Calculation
Fuel
Requirement
and
Cost
Calculations
Lube
Cost
Calculation
Repair
and
Maintenance
Insurance
Depreciation
Interest
on
Investment
Note on Hours of Annual Use of Tractors, Machinery and Implements
9
9
10
10
10
11
11
11
12
Equipment
Fuel
Repair
Hired
Insurance
Depreciation
Interest
12
12
12
12
12
13
13
Auto
and
Fuel
Repair
Operator
Insurance,
Depredation
Interest
Breeding,
Livestock
Depredation
Interest
Building
Fuel
Repair
Labor
Property
Insurance
Depreciation
Interest
i
Operating
TEXAS
Cost
Calculation
Costs
Maintenance
Labor
and
on
Truck
and
Procedure
Calculations
Investment
Cost
Calculation
Maintenance
Labor
License,
and
on
Milking
Procedures
Calculations
Ta x e s
Investment
and
Working
Livestock
Insurance
(Purchased
Livestock)
on
Investment
Cost
or
Calculation
Utility
and
Procedure
Cost
Maintenance
Ta x
on
Capital
Cost
PA N H A N D L E
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
Corn
Furrow
Grain,
Grain,
Silage,
Silage,
Sprinkler
Irrigated,
Spanish,
Sorghum,
Furrow
Sorghum
Cont.
Sorghum,
Sorghum,
Soybeans,
Soybeans,
Furrow
Sprinkler
Furrow
for
H a y,
C1.9
C 1 . 11
C1.13
Gas)
C1.15
C1.17
Irrigated
C1.19
Irrigated
C1.21
C1.23
Gas)
Dryland
Continuous
(Natural
Irrigated,
C1.7
Gas)
(Natural
C1.25
C1.27
C1.29
Gas)
(Natural
Gas)
C1.31
C1.33
(Natural
Gas)
C1.35
Irrigated,
(Natural
Gas)
C1.37
Beets,
Wheat,
Gas)
Dryland
Irrigated,
C1.3
Irrigated,
Sprinkler
Wheat,
Sprinkler
Irrigated,
Continuous
Cont.
Sprinkler
Dryland,
Sugar
Continuous
Gas)
(Natural
Sorghum,
Sorghum,
Cont.
(Natural
Irrigated,
Florunner,
Forage
(Natural
Dryland
Forage
Forage
Gas)
(Natural
Irrigated,
C1.1
C1.5
(Natural
Irrigated,
Cotton
Peanuts,
Gas)
Dryland
Furrow
Sprinkler
Gas)
(Natural
Irrigated,
Furrow
Peanuts,
(Natural
B a r l e y,
B a r l e y,
for
Irri.
Irrigated
Wheat,
Furrow
Sprinkler
Irrigated,
Irrigated,
C1.39
Dryland
(Natural
(Natural
C1.41
Gas)
C1.43
Gas)
C1.45
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Wheat
Bud
C1.47
Rotation:
Wheat-Fallow-Wheat:
Conv
Till
Fallow
Bud
C1.49
M1n
Till
Wheat
Bud
C1.51
Min
Till
Fallow
Bud
C1.53
Rotation:
Rotation:
Wheat-Fallow-Wheat:
Wheat-Fa1
low-Wheat:
J ^
Set
Aside
-
Conventional
C1.55
-
Conventional
C1.57
for
Irrigated
Corn
Set
Aside
Land
for
Irrigated
Small
C1.59
Till
Fallow
C1.61
Rotation:
Wheat-Fallow-Sorghum:
Min
Till
Fallow
C1.63
Rotation:
Wheat-Fallow-Sorghum:
No
Till
Fallow
C1.65
Permanent
Pasture
Permanent
Pasture,
Establishment,
Sprinkler
Products
Irrlg
C1.67
(Natural
Gas)
C1.69
Irrlg.
and
Input
or
Sprinkler
Report
Implements
C1.71
Equipment
Resources
Truck
C1.76
Resources
C1.77
Resources
C1.78
Resources
C1.79
Resources
Crop
or
C1.80
Resources
Improvements
Irrigation
C1.81
Resources
Equipment
Machinery
Cost
Report
C1.84
Report
DISTRICT
C1.87
L1.1
Cow-Calf
Summer
SOUTH
Budget
Stocker
Stocker
Products
PLAINS
Establishment,
Irrigated
i i i
C1.82
C1.83
Parameters
PA N H A N D L E
Winter
C1.72
C1.75
Resources
Operation
Perennial
Alfalfa
Conv
M1n
Land
\
-
Sorghum-Fallow-Wheat:
Livestock
Livestock
TEXAS
Grains
Rotation:
Labor
Budget
TEXAS
Crops
Land
Custom
Buildings
Dryland
Aside
Operating
Auto
for
Set
Crop
Tractors,
Land
Calf
Calf
L1.1
Budget
L1.3
Budget
L1.5
Report
DISTRICT
(Pivot)
L1.7
C2.1
C2.1
Alfalfa
H a y,
Corn,
Irrigated
Irrigated
Corn,
Cotton,
2X1,
Cotton,
2X1,
Furrow
Cotton,
Fresh
Grain
(Heavier
Dryland
Irrigated
Sprinkler
Irrigated
Sorghum,
Dryland
(Heavier
Sorghum,
Sorghum,
Set
Aside
-
Pivot
Land
Soybeans,
Wheat,
Wheat,
Wheat,
Dryland
Irrigated
Irrigated
Set
Crop
Tractors,
Auto
Custom
(Sandy
Te x t .
Truck
Resources
Operation
Resources
iv
Soil)
Wheat
Equipment
Resources
Soils)
Soils)
Report
and
C2.13
C2.15
C2.17
C2.19
C2.21
C2.23
C2.25
C2.27
C2.33
Soils)
for
C 2 . 11
C2.29
Soils)
Te x t u r e
(Heavier
C2.9
C2.31
Te x t u r e
Pivot
Land
Input
or
Crops
Irrigated
(Heavier
Pivot
Products
Operating
Soils)
Row
(Sandy
-
Aside
Implements
Soils)
Irrigated
(Heavier
-
Soil)
Te x t u r e d
Furrow
Irrigated
Soil)
Dryland
Dryland
Furrow
Irrigated
Te x t u r e d
Furrow
S u n fl o w e r s ,
Wheat,
Soils)
(Sandy
for
S u n fl o w e r s ,
Wheat,
Soils)
(Sandy
(Heavier
Irrigated
Soils)*
Pivot
Dryland
Irrigated
Soils)*
(Sandy
Center
Furrow
C2.7
Te x t u r e d
Potatoes,
Sorghum,
(Pivot)
(Sandy
Market
Grain
C2.5
Te x t u r e d
(Heavier
C2.3
(Furrow)
Irrigated
Dryland
Cotton,
(Pivot)
C2.35
C2.37
C2.39
C2.41
C2.43
C2.45
C2.47
C2.48
C2.50
C2.51
C2.52
Labor
Resources
Land
C2.53
Resources
Perennial
C2.54
Crop
Resources
Irrigation
Equipment
Machinery
Cost
Budget
TEXAS
Parameters
PA N H A N D L E
C2.56
Report
C2.57
Report
DISTRICT
C2.59
L1.1
Cow-Calf
Winter
Budget
Stocker
Summer
Livestock
TEXAS
C2.55
Calf
Stocker
Products
PLAINS
ROLLING
Alfalfa
Calf
Alfalfa,
Cotton,
Cotton,
Dryland
Dryland(2x1
(Solid
(2X2
Planting)
Cotton,
Guar.
Guar,
Sorghum,
Sorghum,
Dryland,
v
H a y,
L1.7
1
C3.1
C3.3
C3.5
C3.7
Establishment,
Dryland,
Dryland.
Sorghum,
C3.
Irrigated
Bermudagrass
Cotton,
L1.5
Irrigated
Bermudagrass
Cotton,
Budget
Dryland
Establishment,
Coastal
L1.3
Dryland
Alfalfa,
Coastal
Budget
Report
DISTRICT
Establishment,
Alfalfa
L1.1
Irrigated
C3.9
Irrigated
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
Tillage
C3.31
Wheat,
Wheat,
Crop
Tractors,
Dryland,
and
Truck
C3.41
C3.42
Resources
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
PLAINS
Farrow
to
Finish
Hog
P1g
Finishing
Calf
Budget
Stocker
Calf
CENTRAL
-
Pull
Bermudagrass
L3.5
Hogs
L3.7
Wheat
March
C4.
Establishment
Bermudagrass
with
1
Grazeout
Report
DISTRICT
Overseeded
L3.3
Production
Bermudagrass
vi
L3.1
Production
-
Bermudagrass
Coastal
Coastal
off
Budget
Products
TEXAS
Coastal
C3.52
1
L3.
Production
Feeder
Stocker
C3.50
Report
DISTRICT
Cow-Calf
Livestock
NORTH
C3.38
Resources
Operation
Livestock
Budget
TEXAS
C3.37
Resources
Labor
Buildings
C3.35
Equipment
Input
Custom
Tillage
Report
Implements
or
C3.33
Conservation
Products
Operating
Auto
Dryland
Hay
Pasture
Ryegrass
&
Clover
L3.9
L 3 . 11
L3.13
1
C4.1
C4.3
C4.5
C4.7
# ^
Sorghum
Set
Aside
Set
Corn
Corn
Cotton
after
Sorghum
Dress
C 4 . 11
Crop
C4.13
Nitrogen)
Nitrogen)
Control)
C4.19
(Full
Season
Insect
Control)
C4.21
Plant
C4.23
Dryland,
Solid
(Nitrogen
Sorghum
Fertilizer
after
Only)
Wheat
Wheat
or
Fertilizer
Fertilizer
Spring
Input
Management
C4.37
Grazing
C4.39
Only
C4.41
Grazing
Equipment
Resources
Truck
Resources
Operation
Resources
Resources
Livestock
Crop
or
vii
C4.48
C4.50
C4.51
C4.54
Resources
Improvements
C4.44
C4.53
Resources
Perennial
C4.43
C4.52
Resources
Land
C4.33
C4.35
with
and
Only
C4.31
Fertilizer
Report
Input
Labor
Buildings
High
Production,
Implements
Custom
J ^
&
Products
Operating
Auto
Nitrogen
Production
Wheat
Tractors,
No
Fall
Production,
Wheat
Crop
Fall
Production,
Wheat
C4.29
Production,
Production,
C4.25
C4.27
Soybeans
Wheat
C4.17
Insect
Wheat
Wheat
C4.15
Season
Peanuts,
after
Dress
Crop
(Early
Wheat
Spanish
Cover
Side
(Side
C4.9
Cover
with
(No
Wheat
Wheat
Hay
without
Land
Wheat
after
after
Cotton
Land
Aside
after
for
Resources
C4.55
C4.56
Irrigation
Equipment
Machinery
Cost
Budget
Trees/Acre,
1st
Ye a r
C4.61
Peaches,
Dryland,
50
Trees/Acre,
2nd
Ye a r
C4.63
Peaches,
Dryland,
50
Trees/Acre,
3rd
Ye a r
C4.65
Dryland,
50
Trees/Acre,
4th
to
15th
Ye a r
C4.67
Peaches,
Irrigated,100
Trees/Acre,
1st
Ye a r
C4.69
Peaches,
Irrigated,100
Trees/Acre,
2nd
Ye a r
C4.71
3rd
Ye a r
C4.73
Irrigated,
Irrigated,
100
100
Trees/Acre,
Trees/Acre,
4th-15th
C4.75
YEAR
C4.77
I R R I G AT E D ,
Pecans,
Irrigated,
1st
to
4th
Ye a r s
C4.79
Pecans,
Irrigated,
5th
to
9th
Ye a r s
C4.81
10th
to
20th
Ye a r s
C4.83
Irrigated,
E S TA B L I S H M E N T
Ye a r
PECANS,
Crop
Products
Report
Implements
Operating
and
Input
or
Custom
Equipment
Resources
Truck
Resources
Operation
Labor
Resources
Resources
Land
Crop
or
Resources
Resources
Equipment
Cost
Parameters
CENTRAL
Vi1i
C4.87
C4.88
C4.89
C4.92
C4.93
C4.94
Report
TEXAS
C4.86
C4.91
Improvements
Irrigation
C4.85
C4.90
Resources
Perennial
Budget
NORTH
C4.60
50
Pecans,
Machinery
Report
Dryland,
Peaches,
Buildings
C4.58
Peaches,
Peaches,
Auto
Report
Parameters
Peaches,
Tractors,
C4.57
Report
DISTRICT
C4.95
C4.96
L4.1
"***^^
^
Cow-Calf
Production
Improved
Pastures
40
Cow
Herd
L4.1
Cow-Calf Production Native Pastures 40 Cow Herd L4.3
Stocker Steers (Wheat Grazing Nov-Feb 120 Days) L4.5
Stocker Steers (Wheat Grazing Nov-May 210 Days) L4.7
Stocker
Calf
Dairy
Production
Dairy
Livestock
NORTHEAST
Production
(with
Silage)
C5.
Dryland
Cotton,
Coastal
C5.9
Establishment
Bermudagrass
Bermuda
Pasture,
L4.15
1
C5.7
Dryland
Bermuda
L4.13
C5.5
Dryland
Wheat,
L 4 . 11
C5.3
Dryland
Soybeans,
L4.9
C5.1
Dryland
Sorghum,
Coastal
Silage)
Report
DISTRICT
Corn,
Coastal
Pasture)
(without
Production
Products
TEXAS
(Native
Hay
Maintenance
C 5 . 11
C5.13
C5.15
Cstl Bermuda Pasture, Overseeded Clover & Ryegrass C5.17
Small
Grains
Christmas
Christmas
-
Ryegrass
Tree
Tree
Production
Production
Peaches,
Peaches,
Peaches,
^
Peaches,
Peaches,
Sixth
C5.19
(Wholesale)
C5.21
&
Cut)
Ye a r
C5.25
C5.29
Second
Ye a r
C5.31
Third
Ye a r
C5.33
Fourth
Ye a r
C5.35
Fifth
Ye a r
C5.37
through
ix
Pasture
(Choose
First
Peaches,
i
Winter
Twelfth
Ye a r s
C5.39
Crop
Tractors,
Products
Implements
Operating
Auto
Report
and
C5.46
Resources
Operation
Labor
C5.48
Resources
C5.49
Resources
Livestock
C5.50
Resources
Land
C5.51
Resources
Perennial
Crop
or
C5.52
Resources
Improvements
Irrigation
C5.53
Resources
C5.54
Equipment
Machinery
C5.55
Cost
Budget
NORTHEAST
Report
Parameters
TEXAS
Cow-Calf
with
Production
-
Products
TEXAS
WEST
C5.56
Report
DISTRICT
Production
Stocker
Livestock
FAR
C5.42
Resources
Truck
Custom
Buildings
Equipment
Input
or
C5.41
Winter
Winter
L5.
Pasture
C5.59
1
L5.1
Pasture
L5.3
C6.
L5.5
1
Report
DISTRICT
COTTON,DRYLAND-Per Ground Acre Costs & Returns 2X1 C6.1
SOUTHERN
HIGH
PLAINS
SET
ASIDE
BUDGET
C6.3
C O T TO N , I R R I G AT E D - P e r G r o u n d A c r e C o s t s & R e t u r n s C 6 . 5
PECOS
Crop
Labor
AREA
and
Input
or
SET
ASIDE
Report
Implements
Operating
Custom
PUMP
Products
Tractors,
Auto
VA L L E Y
Equipment
Resources
Truck
Operation
Resources
Resources
Resources
BUDGET
C6.7
C6.9
C6.10
C6.12
C6.13
C6.14
C6.15
Livestock
Resources
Land
Buildings
Resources
or
C6.17
Improvements
Irrigation
Resources
C6.19
Cost
WEST
Report
Parameters
TEXAS
Coastal
Coastal
Establishment,
Bermudagrass
Bermudagrass
Coastal
Hybrid
Pasture,
Establishment,
Bermudagrass
Coastal
Pasture,
Bermudagrass
Sudan-Sorghum
Kleingrass
H a y,
Hay
Pasture,
Oats,
Spanish
Grain
Peanuts,
Irrigated,
Cotton,
Wheat,
Tractors,
Operating
Products
Implements
C7.5
Irrigated
C7.7
Grazing
Dryland
Dryland
for
Input
Grazing
Solid
C 7 . 11
C7.13
C7.15
C7.17
Planting
C7.21
C7.23
Dryland
C7.25
Irrigated
C7.27
Dryland
C7.29
Equipment
Resources
xi
C7.9
C7.19
Report
and
C7.3
Dryland
Dryland
Cotton,
Crop
Dryland
Irrigated
and
L6.3
1
C7.1
Irrigated
Establishment,
Kleingrass
Small
C7.
Dryland
Bermudagrass
C6.22
1
L6.1
Report
DISTRICT
Sorghum,
Coastal
L6.
Production
Products
TEXAS
CENTRAL
C6.20
Report
DISTRICT
Cow-Calf
Livestock
WEST
C6.18
Equipment
Machinery
Budget
FAR
C6.16
C7.31
C7.32
C7.35
Auto
or
Truck
Custom
Operation
Labor
C7.38
Resources
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
L7.1
Production
L7.3
Goat
Production
L7.5
Budget
Coastal
Coastal
Report
Bermudagrass
Corn
C8.
Establishment,*
Bermudagrass
H a y,
Silage,
Kleingrass
Dryland
Kleingrass
H a y,
Grass
for
Peanuts,
xi i
Dryland
Dryland
Pasture,
Grazing,
Dryland,
Solid
L7.9
1
C8.1
C8.3
C8.5
C8.7
C8.9
Dryland
Pasture,
Grain
Dryland
Dryland
Establishment,
Kleingrass
Dryland
Dryland
Pasture,
Sorghum,
Native
L7.7
DISTRICT
Bermudagrass
Runner
C7.46
1
Sheep
Products
TEXAS
Small
L7.
Production
Ranch
Coastal
C7.44
Report
DISTRICT
Cow-Calf
Livestock
CENTRAL
C7.37
Resources
Land
Budget
WEST
C7.36
Resources
Livestock
Buildings
Resources
Dryland
Dryland
Planted
C 8 . 11
C8.13
C8.15
C8.17
C8.19
C8.21
i^--.
Runner
Peanuts,
Runner
Runner
Dryland,
Peanuts,
Peanuts,
Spanish
Irrigated,
Irrigated,
Peanuts,
Spanish
Skip-Row
Peanuts,
Skip-Row
Irrigated,
Solid
Plant
C8.31
H a y,
Dryland
C8.33
Pasture,
Dryland
C8.35
Irrigated,
Production
Cotton
Set
Aside
Land
Sorghum
Tractors,
Auto
Custom
Labor
Livestock
Land
without
Production
C8.43
Fifteenth
Ye a r s
after
Wheat
Production
Following
Wheat
Production,
Wheat
and
Input
Payment
C8.51
C8.53
Hay
C8.55
with
Resources
Resources
Operation
Resources
Resources
Resources
Resources
xi 1 i
C8.47
C8.49
Sorghum
C8.57
Grazing
C8.59
Equipment
Truck
C8.45
Wheat
Report
Implements
Ye a r s
Sorghum
Grain
Continuous
Products
or
Ye a r
Diversion
for
Operating
Third
after
Sorghum
Crop
C8.41
Previous
Production
C8.39
Ye a r
through
after
Ye a r
Second
Irrigated,
Fourth
C8.37
First
Irrigated,
Peaches,
C8.27
C8.29
Dryland
Peaches,
Corn
Planting
C8.25
Plant
Wheat,
Irrigated,
Plant
Solid
Sudangrass
Peaches,
Solid
C8.23
Dryland,
Sudan-Sorghum
Peaches,
Planting
C8.61
C8.62
C8.69
C8.72
C8.73
C8.74
C8.75
C8.76