Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1999 B-1241 (C1&2) Corn for Grain, Sprinkler Irrigated, (Natural Gas) Texas High Plains 1999 Projected Costs and Returns per Acre GROSS INCOME Description ============================ CORN Unit ==== bu. $ / Unit =========== 2.5500 Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.000 1.000 200.000 60.000 1.000 75.000 1.000 0.350 1.000 1.000 acre acre lb. lb. acre lb. acre bags acre acre Acre Acre Acre Acre Hour Hour 18.000 6.000 .120 .260 3.000 .220 13.500 80.000 18.000 13.500 18.00 6.00 24.00 15.60 3.00 16.50 13.50 28.00 18.00 13.50 4.85 39.01 1.80 6.87 9.97 8.91 =========== 227.52 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 0.090 7.98 ________ .120 .280 24.00 56.00 =========== 80.00 =========== 315.49 ________ ________ 194.51 ________ Total =========== 17.56 65.53 70.00 =========== 153.09 ________ ________ ________ 468.59 ________ 41.41 ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HERBICIDE+APPL. FERTILIZER APPL. FERTILIZER (N) FERTILIZER (P) FERTILIZER APPL. FERTILIZER (N) INSECTICIDE+APPL SEED HERBICIDE+APPL. INSECTICIDE+APPL Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation 1.425 1.280 7.000 6.964 Total PREHARVEST Interest - OC Borrowed HARVEST DRYING HARVEST & HAUL 88.628 200.000 200.000 Dol. bu. bu. Total HARVEST Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS Your Total Estimate =========== ======== 510.00 ________ =========== 510.00 ________ Quantity ========= 200.000 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 February 13, 1999 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 09/20/99 HARVEST A CORN 200.0000 .0000 Date ======== 01/15/99 02/10/99 02/20/99 03/20/99 04/10/99 04/15/99 04/15/99 04/15/99 04/15/99 04/15/99 04/20/99 05/10/99 05/10/99 05/15/99 05/20/99 05/25/99 06/15/99 06/30/99 07/10/99 07/25/99 08/01/99 08/15/99 09/20/99 09/20/99 09/20/99 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST G PREHARVEST G PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST M PREHARVEST O PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST O PREHARVEST O PREHARVEST G PREHARVEST O HARVEST G HARVEST G K Input Name Number of Units ========================= ============= SHREDDING 1.0000 DISCING OFFSET 1.0000 CHISELING 1.0000 IRRIGATION 2.0000 HERBICIDE+APPL. CORN 1.0000 FERTILIZER APPL. ANH3 1.0000 FERTILIZER (N) ANH3 200.0000 FERTILIZER (P) DRY 60.0000 FERTILIZER APPL. DRY 1.0000 FERTILIZER (N) LIQUID 75.0000 INSECTICIDE+APPL CORN 1.0000 SEED CORNGR. .3500 PLANTING 12 ROW 1.0000 IRRIGATION 2.0000 HERBICIDE+APPL. CORN 1.0000 CULTIVATING 12 ROW 1.0000 IRRIGATION 4.0000 PICKUP TRUCK 3/4 TON 20.0000 IRRIGATION 4.0000 IRRIGATION 4.0000 INSECTICIDE+APPL CORN 1.0000 IRRIGATION 4.0000 DRYING CUSTOM 200.0000 HARVEST & HAUL CORN 200.0000 CASH-RENT CORN 1.0000 B-1241 (C1&2) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 .00 .00 C V .00 .00 .00 .00 .00 .00 C V .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.