Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Acre
Sorghum for Hay - 100 Acres
North Texas Extension District - 4
Crop Acres
100
REVENUE
Sorghum Hay
Total Revenue
Quantity
5.00
Units
Roll
$/Unit
$75.00
Total
$375.00
$375.00
VARIABLE COSTS
Production Costs
Custom
Custom Bale
Custom Haul
Fertilizer
18-46-0
82-0-0
Seed
Forage Sorghum Seed
Machinery Labor
Tractors/Self-Propelled
Diesel Fuel
Tractors/Self-Propelled
Repairs & Maintenance
Tractors/Self-Propelled
Implements
Interest on Credit Line
Total Variable Costs
Planned Returns Above Variable Costs:
Breakeven Price to Cover Variable Costs
Quantity
Units
$/Unit
Total
FIXED COSTS
Machinery Depreciation
Tractors/Self-Propelled
Implements
Equipment Investment
Tractors/Self-Propelled
Implements
Rent-Dryland Crop
Total Fixed Costs
Total Specified Costs
Quantity
5
5
Roll
Roll
$28.00
$3.30
$140.00
$16.50
$14,000.00
$1,650.00
100
100
Pounds
Pounds
$0.36
$0.44
$36.00
$44.00
$3,600.00
$4,400.00
50
Pounds
$0.75
$37.50
$3,750.00
0.86
Hour
$10.00
$8.60
$860.00
4.51
Gallon
$3.50
$15.79
$1,578.50
Acre
Acre
$6.02
$16.35
4.75%
$6.02
$16.35
$4.54
$325.30
$49.70
$602.29
$1,634.70
$454.24
$32,529.74
$4,970.26
1
1
$65.06
Units
1
1
$65.76
$149.40
1
Roll
$/Unit
Total
Enterprise
Total
Acre
Acre
$5.82
$18.92
$5.82
$18.92
$582.43
$1,891.87
Dollars
Dollars
Acre
6.00%
6.00%
$25.00
$3.95
$8.96
$25.00
$62.65
$387.95
$394.55
$896.39
$2,500.00
$6,265.23
$38,794.97
($12.95)
($1,294.97)
Returns Above Specified Costs
Breakeven Price to Cover Total Costs
Enterprise
Total
$37,500.00
$37,500.00
Enterprise
Total
$77.59
Roll
Example Breakeven Prices
Example
Yield
Percent
75%
90%
100%
110%
125%
Example
Yield
Roll
3.75
4.50
5.00
5.50
6.25
Price Needed to Cover Price Needed to Cover
Example Variable Costs Example Total Costs
Own/Rent ShareTenant Own/Rent ShareTenant
$86.75
$86.75
$103.45
$103.45
$72.29
$72.29
$86.21
$86.21
$65.06
$65.06
$77.59
$77.59
$59.14
$59.14
$70.54
$70.54
$52.05
$52.05
$62.07
$62.07
Landlord
$0.00
$0.00
$0.00
$0.00
$0.00
Developed by Blake Bennet, Associate Professor and Extension Economist, Texas A&M AgriLife Extension Service.
Information presented is prepared solely as a general guide and not intended to recognize or predict the costs
and returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.