Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1999 B-1241 (C03) Cotton, Irrigated Texas Rolling Plains (3) 1999 Projected Costs and Returns per Acre GROSS INCOME Description ============================ COTTON LINT COTTONSEED Unit ==== lb. ton $ / Unit =========== 0.6200 115.0000 Quantity =========== Unit ==== $ / Unit =========== Total =========== 1.500 75.000 1.000 60.000 40.000 12.000 14.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 pint lb. acre lb. lb. lb. lb. acre acre acre acre lb. acre lb. acre acre Acre Acre Acre Acre Hour Hour 2.400 .280 3.500 .260 .120 .150 .600 5.300 3.500 10.000 3.500 6.250 3.500 6.250 3.500 9.000 3.60 21.00 3.50 15.60 4.80 1.80 8.40 5.30 3.50 10.00 3.50 6.25 3.50 6.25 3.50 9.00 8.20 20.56 3.84 12.72 13.69 3.36 =========== 171.87 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 63.00 36.75 =========== 99.75 ________ ________ 8.28 -0.10 =========== 279.80 ________ ________ 95.15 ________ Total GROSS Income VARIABLE COST Description ================================= PREHARVEST HERBICIDE FERTILIZER (N) FERTILIZER APPL. FERTILIZER (P) POTASH (K) SULFUR (S) SEED INSECTICIDE INSECTICIDE APPL INSECTICIDE INSECTICIDE APPL INSECTICIDE INSECTICIDE APPL INSECTICIDE INSECTICIDE APPL CROP INSURANCE Fuel & Lube - Machinery - Irrigation Repairs - Machinery - Irrigation Labor - Machinery - Irrigation Total PREHARVEST HARVEST GIN, BAGS, TIES STRIPPING 2.281 0.560 525.000 525.000 lb. lb. 6.001 6.000 .120 .070 Total HARVEST Interest Interest - OC Borrowed - Positive Cash 92.007 -2.169 Dol. Dol. 0.090 0.045 Total VARIABLE COST GROSS INCOME minus VARIABLE COST VARIABLE COST Description ================================= FIXED COST Description ================================= Machinery and Equipment Irrigation Land Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS Your Total Estimate =========== ======== 325.50 ________ 49.45 ________ =========== 374.95 ________ Quantity ========= 525.000 0.430 Quantity =========== Unit ==== Unit ==== Acre Acre Acre $ / Unit =========== ________ ________ ________ Total =========== Total =========== 28.09 49.02 120.00 =========== 197.11 ________ ________ ________ 476.90 ________ -101.95 ________ ________ 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 Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 11/20/99 HARVEST A COTTON LINT 525.0000 .0000 11/20/99 HARVEST A COTTONSEED .4300 .0000 Date ======== 01/10/99 01/15/99 02/15/99 03/01/99 03/15/99 03/15/99 03/15/99 03/15/99 03/15/99 03/30/99 04/10/99 04/15/99 05/10/99 05/10/99 05/31/99 06/25/99 07/10/99 07/10/99 07/15/99 07/20/99 08/08/99 08/10/99 08/10/99 08/20/99 08/20/99 08/20/99 08/30/99 08/30/99 11/10/99 11/20/99 11/20/99 11/30/99 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST O PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST M PREHARVEST O PREHARVEST M PREHARVEST E PREHARVEST G PREHARVEST O PREHARVEST E PREHARVEST G PREHARVEST E PREHARVEST G PREHARVEST E HARVEST E HARVEST G K Input Name Number of Units ========================= ============= SHREDDING 1.0000 DISCING-TANDEM 21 FT 1.0000 HERBICIDE COTTON 1.5000 CHISEL/SPRAY 25 FT 1.0000 FERTILIZER (N) 75.0000 FERTILIZER APPL. 1.0000 FERTILIZER (P) 60.0000 POTASH (K) 40.0000 SULFUR (S) 12.0000 CHISELING 25 FT 1.0000 LISTING 1.0000 IRRIGATION 6.0000 SEED COTTON 14.0000 PLANTING 1.0000 PICKUP TRUCK 3/4 TON 30.3000 CULTIVATING 9 ROW 1.0000 INSECTICIDE IRR1 1.0000 INSECTICIDE APPL 1.0000 CULTIVATING 9 ROW 1.0000 IRRIGATION 4.0000 DISCING-TANDEM 21 FT .0625 INSECTICIDE IRR2 1.0000 INSECTICIDE APPL 1.0000 IRRIGATION 4.0000 INSECTICIDE COTTON 1.0000 INSECTICIDE APPL 1.0000 INSECTICIDE COTTON 1.0000 INSECTICIDE APPL 1.0000 CROP INSURANCE IRR COT 1.0000 GIN, BAGS, TIES 525.0000 STRIPPING CUSTOM 525.0000 LAND CHARGE COTTONI 1.0000 B-1241 (C03) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C 25.00 N C 25.00 N Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 C V .00 .00 C V 25.00 C V 25.00 C V 25.00 C V .00 C V .00 .00 .00 .00 C V .00 .00 .00 .00 C V 25.00 C V 25.00 .00 .00 .00 C V 25.00 C V 25.00 .00 C V 25.00 C V 25.00 C V 25.00 C V 25.00 C V 25.00 C V 25.00 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.