Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1998 B-1241 (C11) Corn, Irrigated Southwest (10) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ CORN FOOD Unit ==== bu. $ / Unit =========== 2.9900 Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.000 70.000 175.000 22.600 1.000 1.000 1.000 ACRE lb. lb. M appl acre acre Acre Acre Acre Acre Hour Hour 19.500 .230 .200 1.600 8.500 15.000 3.500 19.50 16.10 35.00 36.16 8.50 15.00 3.50 13.31 26.39 3.21 11.63 22.28 4.02 =========== 214.59 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HAIL INSURANCE* PHOSPHATE NITROGEN SEED INSECTICIDE HERBICIDE HERBICIDE APPL. Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation 2.705 0.512 8.237 7.847 Total PREHARVEST Interest - OC Borrowed HARVEST CUSTOM HARVEST CUSTOM HAULING Your Total Estimate =========== ======== 343.85 ________ =========== 343.85 ________ Quantity ========= 115.000 ________ 103.283 Dol. 0.095 9.81 ________ 1.000 125.000 acre bu. 27.000 .140 27.00 17.50 =========== 44.50 =========== 268.91 ________ ________ 74.94 ________ Total =========== 16.50 46.59 44.82 50.00 =========== 157.91 ________ ________ ________ ________ Total of ALL Cost 426.81 ________ NET PROJECTED RETURNS -82.96 ________ Total HARVEST Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= MISC ADMIN O/H Machinery and Equipment Irrigation Land Total FIXED Cost Unit ==== ACRE 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 February 13, 1998 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 08/10/98 HARVEST A CORN FOOD 115.0000 .0000 Date ======== 08/15/97 08/22/97 08/27/97 10/15/97 11/15/97 12/15/97 12/31/97 01/20/98 02/01/98 02/05/98 02/05/98 02/07/98 02/25/98 02/25/98 02/25/98 04/01/98 04/15/98 05/04/98 05/10/98 05/10/98 05/17/98 05/26/98 06/09/98 06/20/98 06/30/98 07/01/98 08/10/98 08/10/98 08/10/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST E PREHARVEST G PREHARVEST O PREHARVEST O PREHARVEST O PREHARVEST O E PREHARVEST O HARVEST G HARVEST G K Input Name Number of Units ========================= ============= SHREDDING 1.0000 DISC OFFSET 12 FT 1.0000 DISC OFFSET 12 FT .2000 DISC OFFSET 12 FT 1.0000 BEDDING 6 ROW 1.0000 CULTIVATING 6ROW ROLLING 1.0000 PICKUP TRUCK 3/4 TON 20.0000 IRRIGATION 1.7000 HAIL INSURANCE* CORN 1.0000 PHOSPHATE 70.0000 APPLY FERTILIZER 1.0000 NITROGEN 175.0000 SEED CORNFOOD 22.6000 PLANTING 6 ROW 1.0000 INSECTICIDE CORN 1.0000 CULTIVATING 6ROW ROLLING 1.0000 CULTIVATING 6ROW ROLLING 1.0000 IRRIGATION 1.7000 HERBICIDE CORN 1.0000 HERBICIDE APPL. 1.0000 IRRIGATION 1.7000 IRRIGATION 1.7000 IRRIGATION 2.0000 IRRIGATION 2.0000 MISC ADMIN O/H 1.0312 IRRIGATION 2.0000 CUSTOM HARVEST CORNFI 1.0000 CUSTOM HAULING CORN 125.0000 LAND - CASH RENT CORNFOOD 1.0000 B-1241 (C11) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 .00 .00 .00 C V .00 C V .00 C V .00 .00 C V .00 C V .00 .00 C V .00 .00 .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 F .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.