Projections for Planning Purposes Only Not to be Used without Updating after March 2, 1998 B-1241 (C03) Runner Peanuts, Dryland, Solid Planted Texas Rolling Plains (3) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ PEANUTS RUNNERS Quantity ========= 1.125 Unit ==== ton $ / Unit =========== 350.0000 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST NITROGEN PHOSPHORUS FERTILIZER APPL. HERBICIDE INSECTICIDE SEED FUNGICIDE Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery $ / Unit =========== Total =========== 20.000 40.000 1.000 1.500 1.000 60.000 1.000 lb. lb. acre pint pint lb. acre Acre Acre Hour .280 .260 3.500 4.000 11.660 .820 10.250 5.60 10.40 3.50 6.00 11.66 49.20 10.25 7.32 2.43 14.05 =========== 120.41 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 15.60 5.56 5.87 12.23 =========== 39.26 ________ ________ ________ ________ 5.27 =========== 164.94 ________ 2.342 0.780 2.039 - OC Borrowed ton Acre Acre Hour 55.422 Dol. Total VARIABLE COST Break-Even Price, Total Variable Cost $ 6.000 20.000 6.000 Unit ==== Acre Acre Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS 0.095 ________ ________ ________ 146.61 per ton of PEANUTS GROSS INCOME minus VARIABLE COST Break-Even Price, Total Cost $ ________ Unit ==== Total HARVEST FIXED COST Description ================================= Machinery and Equipment Land Your Estimate ======== ________ Quantity =========== Total PREHARVEST HARVEST DRYING Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery Interest Total =========== 393.75 =========== 393.75 228.81 ________ Total =========== 108.90 25.00 =========== 133.90 ________ ________ 298.84 ________ 94.91 ________ ________ 265.63 per ton of PEANUTS 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 March 2, 1998 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 11/02/98 HARVEST A PEANUTS RUNNERS 1.1250 .0000 Date ======== 02/02/98 03/02/98 03/14/98 03/14/98 03/14/98 03/23/98 05/02/98 06/23/98 06/23/98 06/29/98 08/02/98 10/28/98 11/09/98 11/09/98 11/14/98 11/15/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST E HARVEST M HARVEST M HARVEST D HARVEST G K Input Name Number of Units ========================= ============= DISCING-OFFSET 14 FT 1.0000 PLOWING 1.0000 NITROGEN PEANUT 20.0000 PHOSPHORUS 40.0000 FERTILIZER APPL. 1.0000 HERBICIDE PEANUT 1.5000 INSECTICIDE PEANUT 1.0000 SEED PEANUT 60.0000 PLANTING PEANUT 1.0000 PICKUP TRUCK 3/4 TON 40.0000 FUNGICIDE 1.0000 DIGGING PEANUT 1.0000 COMBINING PEANUT 1.0000 TRAILER PEANUT .0030 DRYING PEANUT .7800 LAND CHARGE PEANUT 1.0000 B-1241 (C03) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 Y Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 .00 .00 C V .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.