Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1999 B-1241 (L1&2) Forage Sorghum, Dryland Texas High Plains 1999 Projected Costs and Returns per Acre GROSS INCOME Description ============================ GRAZING SORGHUM Unit ==== lb. $ / Unit =========== 0.3000 Quantity =========== Unit ==== $ / Unit =========== Total =========== 5.000 lb. Acre Acre Hour Dol. 1.250 6.25 3.98 1.46 9.29 1.02 =========== 22.00 Total GROSS Income VARIABLE COST Description ================================= SEED Fuel & Lube Repairs Labor Interest - Machinery Machinery Machinery OC Borrowed 1.327 11.284 Total VARIABLE COST Break-Even Price, Total Variable Cost $ Unit ==== Acre Acre Total FIXED Cost Break-Even Price, Total Cost $ Total of ALL Cost NET PROJECTED RETURNS 7.001 0.090 ________ ________ ________ ________ ________ ________ 0.22 per lb. of GRAZING GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Land Your Total Estimate =========== ======== 30.00 ________ =========== 30.00 ________ Quantity ========= 100.000 8.00 ________ Total =========== 15.43 20.00 =========== 35.43 ________ ________ 57.43 ________ -27.43 ________ ________ 0.57 per lb. of GRAZING 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 A GRAZING SORGHUM 100.0000 .0000 Date Stage Type of of Production Input ======== ================ ===== 02/15/99 M 04/20/99 M 05/15/99 E 05/15/99 M 06/30/99 M 06/30/99 K Input Name Number of Units ========================= ============= CHISELING 1.0000 DISCING TANDEM 1.0000 SEED SORGHUM 5.0000 DRILLING 1 DRILL 1.0000 PICKUP TRUCK 3/4 TON 20.0000 CASH-RENT SORGHUMD 1.0000 B-1241 (L1&2) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== N .00 Y Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 .00 .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.