Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1999 B-1241 (C03) Alfalfa, Dryland Texas Rolling Plains (3) 1999 Projected Costs and Returns per Acre GROSS INCOME Description ============================ HAY ALFALFA Your Total Estimate =========== ======== 422.50 ________ =========== 422.50 ________ Quantity ========= 3.250 Unit ==== ton $ / Unit =========== 130.0000 Quantity =========== Unit ==== $ / Unit =========== Total =========== 20.000 50.000 1.000 12.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 lb. lb. acre lb. acre acre acre acre acre acre acre acre Acre Acre Hour .280 .260 3.500 .150 26.000 3.500 4.000 3.500 4.000 3.500 8.800 3.500 5.60 13.00 3.50 1.80 26.00 3.50 4.00 3.50 4.00 3.50 8.80 3.50 1.36 0.26 3.85 =========== 86.17 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 12.50 25.00 =========== 37.50 ________ ________ 3.50 7.40 =========== 10.90 ________ ________ 25.00 18.75 =========== 43.75 ________ ________ 2.02 -1.08 =========== 179.27 ________ ________ 243.23 ________ Total =========== 4.60 20.00 24.96 =========== 49.56 ________ ________ ________ Total of ALL Cost 228.83 ________ NET PROJECTED RETURNS 193.67 ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST FERTILIZER (N) FERTILIZER (P) FERTILIZER APPL. SULFUR (S) HERBICIDE HERBICIDE APPL. INSECTICIDE INSECTICIDE APPL INSECTICIDE INSECTICIDE APPL HERBICIDE HERBICIDE APPL. Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery Total PREHARVEST HARVEST CUSTOM BALING CUSTOM BALING Total HARVEST PREHARVEST INSECTICIDE APPL INSECTICIDE Total PREHARVEST HARVEST CUSTOM BALING CUSTOM BALING 0.642 0.500 1.000 1.000 1.000 1.000 0.750 ton ton acre acre ton ton 6.000 25.000 25.000 3.500 7.400 25.000 25.000 Total HARVEST Interest Interest - OC Borrowed - Positive Cash 22.483 -23.972 Dol. Dol. Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Land Perennial Crop Total FIXED Cost Unit ==== Acre Acre Acre 0.090 0.045 ________ ________ ________ ________ ________ ________ 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, 1999 Date ======== 06/15/99 07/20/99 08/25/99 09/28/99 Date ======== 02/15/99 02/15/99 02/15/99 02/15/99 03/15/99 03/15/99 03/15/99 03/15/99 04/10/99 04/10/99 05/25/99 05/25/99 05/31/99 06/15/99 07/20/99 08/01/99 08/01/99 08/25/99 09/28/99 09/30/99 09/30/99 Stage Type of of Production Prod. ================ ===== HARVEST A HARVEST A HARVEST A HARVEST A Stage Type of of Production Input ================ ===== PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST M HARVEST G HARVEST G PREHARVEST G PREHARVEST E HARVEST G HARVEST G PREHARVEST L PREHARVEST K Product Number Weight of per Units Head ========================= ============= ============= HAY ALFALFA .5000 .0000 HAY ALFALFA 1.0000 .0000 HAY ALFALFA 1.0000 .0000 HAY ALFALFA .7500 .0000 Input Name Name Number of Units ========================= ============= FERTILIZER (N) 20.0000 FERTILIZER (P) 50.0000 FERTILIZER APPL. 1.0000 SULFUR (S) 12.0000 HERBICIDE ALFALFA 1.0000 HERBICIDE APPL. 1.0000 INSECTICIDE ALF 1.0000 INSECTICIDE APPL 1.0000 INSECTICIDE ALF 1.0000 INSECTICIDE APPL 1.0000 HERBICIDE ALF 1.0000 HERBICIDE APPL. 1.0000 PICKUP TRUCK 3/4 TON 17.5000 CUSTOM BALING ALFALFA .5000 CUSTOM BALING ALFALFA 1.0000 INSECTICIDE APPL 1.0000 INSECTICIDE ALFALFA 1.0000 CUSTOM BALING ALFALFA 1.0000 CUSTOM BALING ALFALFA .7500 ALFALFA DRYLAND 1.0000 ALFALFA 1.0000 B-1241 (C03) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C .00 Y C .00 Y C .00 Y C .00 Y Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== C V .00 C V 33.00 C V 33.00 C V .00 C V 33.00 C V 33.00 C V .00 C V .00 C V .00 C V .00 C V .00 C V .00 .00 C V .00 C V .00 C V .00 C V .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.