Projections for Planning Purposes Only Not to be Used without Updating after April 21, 1998 B-1241 (C12) SOYBEANS, IRRIGATED South Texas District (12) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ SOYBEANS Quantity ========= 35.000 Unit ==== bu. $ / Unit =========== 6.6400 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HERB, PREMERGE SEED INOCULANT PHOSPHATE IRRIGATION FOLIAR FEED INSECTICIDE PESTICIDE APPL. Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery - Irrigation Your Estimate ======== ________ ________ Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.000 60.000 35.000 30.000 3.000 1.000 1.000 1.000 appl lb. appl lb. AcIn appl appl acre Acre Acre Hour Hour 9.000 .280 1.100 .300 9.000 3.000 2.600 4.500 9.00 16.80 38.50 9.00 27.00 3.00 2.60 4.50 4.43 1.74 8.02 9.75 =========== 134.34 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 24.50 =========== 24.50 ________ 17.45 =========== 176.28 ________ 1.068 1.500 Total PREHARVEST HARVEST HARVEST & HAUL 35.000 bu. 7.503 6.500 .700 Total HARVEST Interest Total =========== 232.40 =========== 232.40 - OC Borrowed 145.382 Dol. Total VARIABLE COST Break-Even Price, Total Variable Cost $ 0.120 ________ ________ ________ 5.03 per bu. of SOYBEANS GROSS INCOME minus VARIABLE COST 56.12 ________ Total =========== 30.23 70.00 =========== 100.23 ________ ________ Total of ALL Cost 276.52 ________ NET PROJECTED RETURNS -44.12 ________ FIXED COST Description ================================= Machinery and Equipment Land Unit ==== Acre Acre Total FIXED Cost Break-Even Price, Total Cost $ ________ 7.90 per bu. of SOYBEANS 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 April 21, 1998 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 12/20/98 HARVEST A SOYBEANS 35.0000 .0000 Date ======== 02/05/98 02/10/98 02/15/98 02/18/98 02/20/98 02/20/98 02/20/98 02/20/98 03/10/98 04/15/98 04/15/98 04/25/98 05/10/98 05/10/98 05/12/98 05/15/98 06/12/98 06/15/98 07/20/98 07/31/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST O HARVEST G K Input Name ========================= SHREDDING 4 ROW DISCING-OFFSET 13 FT BEDDING 6 ROW HERB, PREMERGE SEED SOYBEAN INOCULANT SOYBEANS PHOSPHATE PLANTING IRRIGATION CULTIVATING 6 ROW FOLIAR FEED SOYBEANS DITCHING INSECTICIDE SOYBEANS PESTICIDE APPL. DITCHING IRRIGATION DITCHING IRRIGATION HARVEST & HAUL SOYBEANS CASH-RENT SOYBEANS Number of Units ============= 1.0000 1.0000 1.0000 1.0000 60.0000 35.0000 30.0000 1.0000 1.0000 1.0000 1.0000 .0100 1.0000 1.0000 .0100 1.0000 .0100 1.0000 35.0000 1.0000 B-1241 (C12) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 Y Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 C V .00 C V .00 C V .00 C V .00 .00 .00 .00 C V .00 .00 C V .00 .00 .00 .00 .00 .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.