Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1998 B-1241 (C10) Winter Wheat, Irrigated Southwest (10) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ GRAZING* WHEAT WINTER Your Total Estimate =========== ======== 31.50 ________ 143.20 ________ =========== 174.70 ________ Quantity ========= 90.000 40.000 Unit ==== day bu. $ / Unit =========== 0.3500 3.5800 Quantity =========== Unit ==== $ / Unit =========== Total =========== 40.000 120.000 80.000 1.000 0.400 0.400 lb. lb. lb. ACRE APPL acre Acre Acre Acre Acre Hour Hour .230 .200 .160 6.200 10.000 3.500 9.20 24.00 12.80 6.20 4.00 1.40 8.16 18.56 1.96 9.13 16.53 3.29 =========== 115.24 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 17.50 10.00 =========== 27.50 ________ ________ 5.19 =========== 147.93 ________ 26.77 ________ Total =========== 8.00 26.18 38.52 30.00 =========== 102.70 ________ ________ ________ ________ Total of ALL Cost 250.63 ________ NET PROJECTED RETURNS -75.93 ________ 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 2.007 0.420 1.000 40.000 acre bu. 8.236 7.846 17.500 .250 Total HARVEST Interest - OC Borrowed 54.657 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 ======== 12/15/97 01/15/98 02/15/98 05/20/98 Date ======== 07/10/97 09/15/97 09/20/97 09/20/97 09/25/97 09/25/97 10/10/97 10/10/97 10/10/97 11/15/97 01/15/98 01/31/98 02/15/98 02/20/98 02/20/98 02/25/98 03/25/98 05/20/98 05/20/98 05/31/98 05/31/98 Stage Type of of Production Prod. ================ ===== HARVEST A HARVEST A HARVEST A HARVEST A Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST O PREHARVEST O PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST O PREHARVEST O HARVEST G HARVEST G K E Product Number Weight of per Units Head ========================= ============= ============= GRAZING* 30.0000 .0000 GRAZING* 30.0000 .0000 GRAZING* 30.0000 .0000 WHEAT WINTER 40.0000 .0000 Input Name Name Number of Units ========================= ============= DISCING TANDEM 1.0000 BEDDING 6 ROW 1.0000 PHOSPHATE 40.0000 APPLY FERTILIZER 1.0000 NITROGEN (N32) 120.0000 APPLY FERTILIZER 1.0000 SEED WHEAT 80.0000 DRILLING 1.0000 FED. CROP INS.* WHEATI 1.0000 IRRIGATION 3.0000 IRRIGATION 2.0000 PICKUP TRUCK 3/4 TON 20.0000 APPLY FERTILIZER 1.0000 FUNGICIDE WHEAT .4000 PESTICIDE APPL. WHEAT .4000 IRRIGATION 2.0000 IRRIGATION 2.0000 CUSTOM HARVEST WHEAT 1.0000 CUSTOM HAULING WHEAT 40.0000 LAND - CASH RENT WHEATI 1.0000 MISC ADMIN O/H .5000 B-1241 (C10) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 N C .00 N C .00 N C .00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 .00 C V .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.