Projections for Planning Purposes Only Not to be Used without Updating after December 15, 2000 B-1241 (C01&2) Wheat, Dryland (Sandy Soils) Texas High Plains 2001 Projected Costs and Returns per Acre GROSS INCOME Description ============================ GRAZING DRYLAND WHEAT Quantity ========= 105.000 15.000 Unit ==== days bu. $ / Unit =========== 0.1500 3.0100 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST FERTILIZER (N) FERTILIZER (P) FERTILIZER APPL. SEED INSECTICIDE+APPL Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery $ / Unit =========== Total =========== 30.000 10.000 1.000 0.500 0.500 lb. lb. acre bu. acre Acre Acre Hour .272 .247 3.000 4.125 13.067 8.16 2.47 3.00 2.06 6.53 5.80 2.03 8.73 ----------38.79 ________ ________ ________ ________ ________ ________ ________ ________ 1.091 8.000 Dol. 0.107 2.48 ________ 1.000 15.000 acre bu. 12.000 .120 12.00 1.80 ----------13.80 =========== 55.07 ________ ________ 5.83 ________ Total =========== 17.15 15.00 =========== 32.15 ________ ________ 87.22 ________ -26.32 ________ GROSS INCOME minus VARIABLE COST Total of ALL Cost NET PROJECTED RETURNS ________ 23.171 Total VARIABLE COST Total FIXED Cost ________ Unit ==== Total HARVEST FIXED COST Description ================================= Machinery and Equipment Land Your Estimate ======== ________ ________ Quantity =========== Total PREHARVEST Interest - OC Borrowed HARVEST CUSTOM HARVEST CUSTOM HAULING Total =========== 15.75 45.15 =========== 60.90 Unit ==== 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 Stage Type of of Production Prod. ======== ================ ===== 12/15/00 A 01/15/01 A 02/15/01 A 03/15/01 A 06/01/01 HARVEST A Date ======== 08/01/00 09/01/00 09/06/00 09/06/00 09/06/00 09/15/00 09/15/00 01/31/01 03/01/01 06/01/01 06/01/01 06/01/01 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST G HARVEST G HARVEST G K Product Number Weight of per Units Head ========================= ============= ============= GRAZING DRYLAND 31.0000 .0000 GRAZING DRYLAND 31.0000 .0000 GRAZING DRYLAND 28.0000 .0000 GRAZING DRYLAND 15.0000 .0000 WHEAT 15.0000 .0000 Input Name Name Number of Units ========================= ============= CHISELING 1.0000 SWEEP PLOW 1.0000 FERTILIZER (N) DRY 30.0000 FERTILIZER (P) DRY 10.0000 FERTILIZER APPL. DRY 1.0000 DRILLING 2 DRILLS 1.0000 SEED WHEAT .5000 PICKUP TRUCK 3/4 TON 20.0000 INSECTICIDE+APPL WHEAT .5000 CUSTOM HARVEST WHEATD 1.0000 CUSTOM HAULING WHEAT 15.0000 CASH-RENT WHEATDS 1.0000 B-1241 (C01&2) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== N .00 N N .00 N N .00 N N .00 N C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 C V .00 C V .00 .00 C V .00 .00 C V .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.