Projections for Planning Purposes Only Not to be Used without Updating after December 15, 2000 B-1241 (C01&2) Peanuts, Spanish, Sprinkler Irrigated Texas High Plains 2001 Projected Costs and Returns per Acre GROSS INCOME Description ============================ PEANUTS SPANISH Quantity ========= 1.750 Unit ==== ton $ / Unit =========== 325.0000 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HERBICIDE NITROGEN PHOSPHATE FERTILIZER APPL. SEED INOCULANT INSECTICIDE+APPL FUNGICIDE & APPL FUNGICIDE & APPL FUNGICIDE & APPL HOEING Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation Total PREHARVEST HARVEST DIG AND SHAKE CUST HARV & HAUL DRYING - OC Borrowed - Positive Cash $ / Unit =========== Total =========== 1.000 40.000 40.000 1.000 80.000 1.000 1.000 1.000 1.000 1.000 1.000 acre lb. lb. acre lb. acre appl appl appl appl acre Acre Acre Acre Acre Hour Hour 11.250 .283 .210 5.250 .810 5.000 10.000 12.000 12.000 12.000 15.000 11.25 11.32 8.40 5.25 64.80 5.00 10.00 12.00 12.00 12.00 15.00 20.29 93.26 8.35 8.93 24.57 13.31 ----------335.73 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 17.50 70.00 43.75 ----------131.25 ________ ________ ________ 19.97 -0.13 =========== 486.82 ________ ________ 81.93 ________ Total =========== 84.71 85.19 75.00 =========== 244.90 ________ ________ ________ 731.72 ________ -162.97 ________ 3.071 1.664 1.000 1.750 1.750 acre ton ton 186.658 -2.978 Dol. Dol. GROSS INCOME minus VARIABLE COST Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS ________ Unit ==== Total VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Your Estimate ======== ________ Quantity =========== 8.000 8.000 17.500 40.000 25.000 Total HARVEST Interest Interest Total =========== 568.75 =========== 568.75 Unit ==== Acre Acre Acre 0.107 0.045 ________ ________ ________ ________ 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, 2000 Date B-1241 (C01&2) Stage Type Product Name Number Weight Cash Landlord Break of of of per NonShare Even Production Prod. Units Head Cash Prod. ======== ================ ===== ========================= ============= ============= ===== ======== ===== 10/30/01 HARVEST A PEANUTS SPANISH 1.7500 .0000 C .00 Y Date ======== 12/21/00 01/26/01 01/26/01 02/21/01 03/05/01 03/05/01 03/15/01 03/20/01 03/20/01 03/20/01 03/31/01 04/01/01 04/10/01 04/18/01 04/25/01 05/10/01 05/10/01 05/10/01 05/15/01 05/22/01 05/25/01 05/30/01 06/01/01 06/10/01 06/14/01 06/19/01 06/20/01 06/20/01 06/25/01 07/01/01 07/10/01 07/12/01 07/20/01 08/01/01 08/02/01 08/10/01 08/10/01 08/15/01 08/20/01 09/01/01 09/15/01 09/20/01 09/25/01 11/30/01 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST O PREHARVEST O PREHARVEST G PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST O PREHARVEST G PREHARVEST O PREHARVEST O PREHARVEST G PREHARVEST O PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST O HARVEST G HARVEST G HARVEST G K Input Name Number of Units ========================= ============= DISCING TANDEM 1.0000 PLOWING .5000 CHISELING .5000 DISCING TANDEM 1.0000 HERBICIDE PEANUT 1.0000 DISC & SPRAY 1.0000 SAND FIGHTING 1.0000 NITROGEN PEANUT 40.0000 PHOSPHATE PEANUT 40.0000 FERTILIZER APPL. PEANUT 1.0000 PICKUP TRUCK 3/4 TON 20.0000 SAND FIGHTING 1.0000 LISTING 1.0000 IRRIGATION 4.0000 ROD WEEDING 1.0000 PLANTING 1.0000 SEED PEANUT 80.0000 INOCULANT 1.0000 CULTIVATING ROLLING 1.0000 IRRIGATION 2.0000 SAND FIGHTING 1.0000 CULTIVATING ROLLING 1.0000 IRRIGATION 2.0000 SAND FIGHTING 1.0000 IRRIGATION 2.0000 IRRIGATION 2.0000 INSECTICIDE+APPL PEANUT 1.0000 FUNGICIDE & APPL PEANUT 1.0000 CULTIVATING 8 ROW 1.0000 IRRIGATION 2.0000 IRRIGATION 2.0000 FUNGICIDE & APPL PEANUT 1.0000 IRRIGATION 2.0000 IRRIGATION 2.0000 FUNGICIDE & APPL PEANUT 1.0000 IRRIGATION 2.0000 HOEING PEANUT 1.0000 SPOT SPRAYING 1.0000 IRRIGATION 2.0000 IRRIGATION 2.0000 DIG AND SHAKE PEANUTS 1.0000 CUST HARV & HAUL PEANUTS 1.7500 DRYING PEANUTS 1.7500 CASH-RENT PEANUTS 1.0000 Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 C V .00 .00 .00 C V .00 C V .00 C V .00 .00 .00 .00 .00 .00 .00 C V .00 C V .00 .00 .00 .00 .00 .00 .00 .00 .00 C V .00 C V .00 .00 .00 .00 C V .00 .00 .00 C V .00 .00 C V .00 .00 .00 .00 C V .00 C V .00 C V .00 C 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.