Projections for Planning Purposes Only Not to be Used without Updating after December 15, 1999 B-1241 (C1&2) Soybeans, Roundup Ready, Sprinkler Irr., Nat. Gas Texas High Plains 2000 Projected Costs and Returns per Acre GROSS INCOME Description ============================ SOYBEANS Your Total Estimate =========== ======== 213.50 ________ =========== 213.50 ________ Quantity ========= 50.000 Unit ==== bu. $ / Unit =========== 4.2700 Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.000 60.000 45.000 1.000 0.500 acre lb. lb. acre acre Acre Acre Acre Acre Hour Hour 14.000 .420 .265 14.000 10.240 14.00 25.20 11.92 14.00 5.12 7.30 28.96 6.03 5.50 10.30 7.13 ----------135.46 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 0.096 5.83 ________ .300 15.00 ----------15.00 =========== 156.29 ________ 57.21 ________ Total =========== 51.83 52.43 45.00 =========== 149.25 ________ ________ ________ Total of ALL Cost 305.54 ________ NET PROJECTED RETURNS -92.04 ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HERBICIDE+APPL. SEED FERTILIZER (P) HERBICIDE+APPL. INSECTICIDE+APPL Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation 1.471 1.024 7.001 6.961 Total PREHARVEST Interest - OC Borrowed HARVEST HARVEST & HAUL 60.570 Dol. 50.000 bu. Total HARVEST Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Unit ==== Acre Acre Acre Total FIXED Cost Date Stage of Production Type of Prod. Product Name Number of Units Weight per Head Cash NonCash ________ ________ ________ ________ Landlord Break Share Even Prod. 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 December 15, 1999 B-1241 (C1&2) ======== ================ ===== ========================= ============= ============= ===== ======== ===== 09/30/00 HARVEST A SOYBEANS 50.0000 .0000 C .00 Y Date ======== 12/10/99 12/20/99 12/30/99 02/15/00 03/15/00 03/15/00 05/14/00 05/14/00 05/14/00 05/20/00 06/05/00 06/25/00 07/01/00 07/15/00 08/01/00 08/15/00 08/15/00 09/30/00 09/30/00 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST G PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST O PREHARVEST M PREHARVEST G PREHARVEST O PREHARVEST O PREHARVEST O PREHARVEST O PREHARVEST G HARVEST G K Input Name ========================= SHREDDING CHISELING PICKUP TRUCK 3/4 TON FIELD CULTIVATOR FIELD CULTIVATOR HERBICIDE+APPL. SOYBEAN1 PLANTING 12 ROW SEED SOYBEAN FERTILIZER (P) DRY IRRIGATION CULTIVATING ROLLING HERBICIDE+APPL. SOYBEAN1 IRRIGATION IRRIGATION IRRIGATION IRRIGATION INSECTICIDE+APPL SOYBEANS HARVEST & HAUL SOYBEAN CASH-RENT SOYBEANS Number of Units ============= 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 60.0000 45.0000 4.0000 4.0000 1.0000 3.0000 3.0000 3.0000 3.0000 .5000 50.0000 1.0000 Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 .00 C V .00 .00 C V .00 C V .00 .00 .00 C V .00 .00 .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.