Projections for Planning Purposes Only Not to be Used without Updating after March 19, 1998 B-1241 (C01&02) Sorghum, Sprinkler Irrigated, (Sandy Soils) Texas High Plains 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ SORGHUM Quantity ========= 50.000 Unit ==== cwt. $ / Unit =========== 4.4000 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST FERTILIZER APPL. FERTILIZER (P) FERTILIZER (N) SEED HERBICIDE & APPL INSECTICIDE+APPL Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation Your Estimate ======== ________ ________ Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.000 60.000 120.000 6.000 1.000 1.000 acre lb. lb. lb. acre appl Acre Acre Acre Acre Hour Hour 3.000 .260 .210 1.250 12.000 8.000 3.00 15.60 25.20 7.50 12.00 8.00 9.50 30.06 2.29 5.15 17.12 6.69 =========== 142.11 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 2.445 0.961 7.000 6.960 Total PREHARVEST Interest - OC Borrowed HARVEST CUSTOM HARVEST CUSTOM HAULING Total =========== 220.00 =========== 220.00 ________ 67.352 Dol. 0.100 6.74 ________ 50.000 50.000 cwt. cwt. .300 .250 15.00 12.50 =========== 27.50 =========== 176.34 ________ ________ 43.66 ________ Total =========== 29.41 49.15 40.00 =========== 118.56 ________ ________ ________ Total of ALL Cost 294.90 ________ NET PROJECTED RETURNS -74.90 ________ Total HARVEST Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Total FIXED Cost Unit ==== Acre Acre Acre ________ ________ ________ 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. Projections for Planning Purposes Only Not to be Used without Updating after March 19, 1998 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 10/10/98 A SORGHUM 50.0000 .0000 Date ======== 12/01/97 12/15/97 02/15/98 03/15/98 03/31/98 04/01/98 04/01/98 04/01/98 05/01/98 05/15/98 05/15/98 05/16/98 05/25/98 06/01/98 06/10/98 06/10/98 07/01/98 07/15/98 07/15/98 08/15/98 10/10/98 10/10/98 10/10/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST G PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST O PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST O PREHARVEST G PREHARVEST O PREHARVEST O HARVEST G HARVEST G K Input Name ========================= SHREDDING CHISELING DISCING TANDEM DISCING TANDEM PICKUP TRUCK 3/4 TON FERTILIZER APPL. DRY FERTILIZER (P) FERTILIZER (N) DRY FIELD CULTIVATOR SEED SORG SAF PLANTING HERBICIDE & APPL SORGHUM IRRIGATION SAND FIGHTING CULTIVATING 8 ROW IRRIGATION IRRIGATION INSECTICIDE+APPL SORGHUM IRRIGATION IRRIGATION CUSTOM HARVEST SORGHUMI CUSTOM HAULING SORGHUMI CASH-RENT SORGHUMS Number of Units ============= 1.0000 .3000 1.0000 1.0000 35.0000 1.0000 60.0000 120.0000 1.0000 6.0000 1.0000 1.0000 3.0000 .5000 1.0000 3.0000 3.0000 1.0000 3.0000 3.0000 50.0000 50.0000 1.0000 B-1241 (C01&02) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 .00 C V .00 C V .00 C V .00 .00 C V .00 .00 C V .00 .00 .00 .00 .00 .00 C V .00 .00 .00 C V .00 C V .00 F .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.