Projections for Planning Purposes Only Not to be Used without Updating after December 15, 2000 B-1241 (C01&2) Forage Sorghum, Furrow Irrigated, (Natural Gas) Texas High Plains 2001 Projected Costs and Returns per Acre GROSS INCOME Description ============================ GRAZING SORGHUM Quantity ========= 300.000 Unit ==== lb. $ / Unit =========== 0.3500 Total GROSS Income VARIABLE COST Description ================================= FERTILIZER (N) FERTILIZER APPL. SEED Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation Interest - OC Borrowed Total of ALL Cost NET PROJECTED RETURNS ________ Unit ==== $ / Unit =========== Total =========== 150.000 1.000 20.000 lb. acre lb. Acre Acre Acre Acre Hour Hour Dol. .148 6.000 1.287 22.20 6.00 25.74 11.47 32.98 3.69 6.75 16.89 11.24 7.53 =========== 144.50 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ -39.50 ________ Total =========== 48.28 28.09 45.00 =========== 121.37 ________ ________ ________ 265.86 ________ -160.86 ________ 2.111 1.406 70.359 GROSS INCOME minus VARIABLE COST Total FIXED Cost Your Estimate ======== ________ Quantity =========== Total VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Irrigation Land Total =========== 105.00 =========== 105.00 Unit ==== Acre Acre Acre 8.000 8.000 0.107 ________ ________ 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. ======== ================ ===== ========================= ============= ============= ===== ======== ===== 09/20/01 A GRAZING SORGHUM 300.0000 .0000 N .00 Y Date Stage Type of of Production Input ======== ================ ===== 11/10/00 M 02/16/01 M 03/15/01 E 03/15/01 G 04/01/01 M 04/10/01 M 04/15/01 M 04/30/01 M 05/01/01 O 05/15/01 M 05/15/01 E 06/01/01 O 09/30/01 K Input Name Number of Units ========================= ============= SHREDDING 1.0000 CHISELING 1.0000 FERTILIZER (N) ANH3 150.0000 FERTILIZER APPL. ANH3 1.0000 DISCING TANDEM 1.0000 FLOATING 1.0000 BEDDING 1.0000 PICKUP TRUCK 3/4 TON 20.0000 IRRIGATION FURROW 6.0000 DRILLING 1 DRILL 1.0000 SEED SORGHUM 20.0000 IRRIGATION FURROW 4.0000 CASH-RENT SORGHUMF 1.0000 Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 C V .00 .00 .00 .00 .00 .00 .00 C V .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.