Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1998 B-1241 (C10) Spring Wheat, Irrigated Southwest (10) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ WHEAT SPRING Your Total Estimate =========== ======== 179.00 ________ =========== 179.00 ________ Quantity ========= 50.000 Unit ==== bu. $ / Unit =========== 3.5800 Quantity =========== Unit ==== $ / Unit =========== Total =========== 40.000 80.000 80.000 1.000 0.300 0.300 lb. lb. lb. ACRE APPL acre Acre Acre Acre Acre Hour Hour .230 .200 .160 6.200 10.000 3.500 9.20 16.00 12.80 6.20 3.00 1.05 7.26 20.62 1.75 10.15 14.85 3.66 =========== 106.55 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 17.50 12.50 =========== 30.00 ________ ________ 4.40 =========== 140.94 ________ 38.06 ________ Total =========== 8.00 23.53 42.80 30.00 =========== 104.33 ________ ________ ________ ________ Total of ALL Cost 245.27 ________ NET PROJECTED RETURNS -66.27 ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST PHOSPHATE NITROGEN (N32) SEED FED. CROP INS.* FUNGICIDE PESTICIDE APPL. Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation Total PREHARVEST HARVEST CUSTOM HARVEST CUSTOM HAULING 1.804 0.466 1.000 50.000 acre bu. 8.236 7.847 17.500 .250 Total HARVEST Interest - OC Borrowed 46.269 Dol. 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 0.095 ________ ________ ________ ________ 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 ======== ================ ===== ========================= ============= ============= 05/20/98 HARVEST A WHEAT SPRING 50.0000 .0000 Date ======== 08/15/97 11/15/97 11/20/97 11/20/97 11/25/97 11/25/97 12/10/97 12/10/97 12/10/97 12/15/97 01/31/98 02/15/98 02/20/98 02/20/98 03/15/98 04/15/98 05/20/98 05/20/98 05/31/98 05/31/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST O PREHARVEST M PREHARVEST O PREHARVEST E PREHARVEST G PREHARVEST O PREHARVEST O HARVEST G HARVEST G K E Input Name Number of Units ========================= ============= DISCING TANDEM 1.0000 BEDDING 6 ROW 1.0000 PHOSPHATE 40.0000 APPLY FERTILIZER 1.0000 APPLY FERTILIZER 1.0000 NITROGEN (N32) 80.0000 DRILLING 1.0000 SEED WHEAT 80.0000 FED. CROP INS.* WHEATI 1.0000 IRRIGATION 3.0000 PICKUP TRUCK 3/4 TON 20.0000 IRRIGATION 2.0000 FUNGICIDE WHEAT .3000 PESTICIDE APPL. WHEAT .3000 IRRIGATION 2.0000 IRRIGATION 3.0000 CUSTOM HARVEST WHEAT 1.0000 CUSTOM HAULING WHEAT 50.0000 LAND - CASH RENT WHEATI 1.0000 MISC ADMIN O/H .5000 B-1241 (C10) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 .00 .00 C V .00 .00 C V .00 C V .00 C V .00 .00 .00 C V .00 C V .00 .00 .00 C V .00 C V .00 F .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.