Projections for Planning Purposes Only Not to be Used without Updating after December 15, 2000 B-1241 (C01&2) Cont. Sorghum, Furrow Irrigated, (Natural Gas) Texas High Plains 2001 Projected Costs and Returns per Acre GROSS INCOME Description ============================ SORGHUM Quantity ========= 65.000 Unit ==== cwt. $ / Unit =========== 3.9600 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST FERTILIZER (N) FERTILIZER APPL. FERTILIZER (P) FERTILIZER APPL. SEED HERBICIDE+APPL. INSECTICIDE+APPL Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation $ / Unit =========== Total =========== 120.000 1.000 60.000 1.000 6.000 1.000 0.330 lb. acre lb. acre lb. acre appl Acre Acre Acre Acre Hour Hour .148 6.000 .247 3.000 1.287 16.752 13.800 17.76 6.00 14.82 3.00 7.72 16.75 4.55 12.33 59.36 4.80 12.16 15.46 20.24 ----------194.95 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 1.932 2.530 8.000 8.000 Dol. 0.107 9.92 ________ 65.000 65.000 cwt. cwt. .300 .250 19.50 16.25 ----------35.75 =========== 240.62 ________ ________ 16.78 ________ Total =========== 52.85 50.56 45.00 =========== 148.41 ________ ________ ________ 389.03 ________ -131.63 ________ GROSS INCOME minus VARIABLE COST Total of ALL Cost NET PROJECTED RETURNS ________ 92.672 Total VARIABLE COST Total FIXED Cost ________ Unit ==== Total HARVEST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Your Estimate ======== ________ Quantity =========== Total PREHARVEST Interest - OC Borrowed HARVEST CUSTOM HARVEST CUSTOM HAULING Total =========== 257.40 =========== 257.40 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 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. ======== ================ ===== ========================= ============= ============= ===== ======== ===== 10/10/01 A SORGHUM 65.0000 .0000 C 33.00 N Date ======== 12/01/00 12/15/00 02/15/01 03/15/01 04/01/01 04/01/01 04/01/01 04/01/01 04/10/01 04/15/01 05/10/01 05/20/01 05/20/01 05/20/01 05/25/01 05/31/01 06/15/01 07/15/01 07/15/01 08/15/01 10/10/01 10/10/01 10/10/01 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST G PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST G PREHARVEST O PREHARVEST O HARVEST G HARVEST G K Input Name ========================= SHREDDING CHISELING DISCING TANDEM DISCING TANDEM FERTILIZER (N) ANH3 FERTILIZER APPL. ANH3 FERTILIZER (P) DRY FERTILIZER APPL. BEDDING IRRIGATION FURROW ROD WEEDING SEED SORGHUM PLANT AND SPRAY HERBICIDE+APPL. SORGHUM FURROW OPENING PICKUP TRUCK 3/4 TON IRRIGATION FURROW INSECTICIDE+APPL SORGHUM IRRIGATION FURROW IRRIGATION FURROW CUSTOM HARVEST SORGHUMI CUSTOM HAULING SORGHUMI CASH-RENT SORGHUMF Number of Units ============= 1.0000 .3000 1.0000 1.0000 120.0000 1.0000 60.0000 1.0000 1.0000 6.0000 1.0000 6.0000 1.0000 1.0000 1.0000 20.0000 4.0000 .3300 4.0000 4.0000 65.0000 65.0000 1.0000 Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 C V .00 C V .00 C V .00 C V .00 .00 C V .00 .00 C V .00 .00 C V .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.