Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1998 B-1241 (C08) Sorghum after Wheat Central Texas (8) 1998 Projected Costs and Returns per Acre GROSS INCOME Description ============================ SORGHUM Quantity ========= 36.000 Unit ==== cwt $ / Unit =========== 4.3300 Total GROSS Income VARIABLE COST Description ================================= PREHARVEST FERT. 10-34-0 HERB, PRE-EMERGE LIQUID FERT. RIG FERT. 82-0-0 ANHYDROUS RIG SEED SORGHUM HERB, PRE-EMERGE INSECT. CROP INS 65/100 Fuel & Lube - Machinery Repairs - Machinery Labor - Machinery Your Estimate ======== ________ ________ Quantity =========== Unit ==== $ / Unit =========== Total =========== 150.000 1.000 1.000 100.000 1.000 7.000 1.000 1.000 1.000 lb. acre acre lb. acre lb. acre acre acre Acre Acre Hour .112 11.060 2.000 .110 2.000 .850 11.060 16.250 5.430 16.87 11.06 2.00 11.00 2.00 5.95 11.06 16.25 5.43 7.35 3.96 7.98 =========== 100.91 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ 14.00 9.00 =========== 23.00 ________ ________ 9.24 =========== 133.15 ________ 1.595 Total PREHARVEST HARVEST CUSTOM COMBINING CUSTOM HAULING 1.000 36.000 acre cwt. 5.001 14.000 .250 Total HARVEST Interest Total =========== 155.88 =========== 155.88 - OC Borrowed 76.378 Dol. Total VARIABLE COST Break-Even Price, Total Variable Cost $ 0.121 ________ ________ ________ 3.69 per cwt of SORGHUM GROSS INCOME minus VARIABLE COST 22.73 ________ Total =========== 38.73 25.00 =========== 63.73 ________ ________ Total of ALL Cost 196.89 ________ NET PROJECTED RETURNS -41.01 ________ FIXED COST Description ================================= Machinery and Equipment Land Unit ==== Acre Acre Total FIXED Cost Break-Even Price, Total Cost $ ________ 5.46 per cwt of SORGHUM 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, 1998 Date Stage Type Product Name Number Weight of of of per Production Prod. Units Head ======== ================ ===== ========================= ============= ============= 08/14/98 HARVEST A SORGHUM 36.0000 .0000 Date ======== 06/14/97 08/14/97 09/14/97 10/09/97 10/09/97 10/09/97 10/14/97 11/14/97 02/09/98 02/09/98 02/14/98 03/09/98 03/09/98 03/09/98 03/09/98 03/14/98 04/04/98 06/01/98 07/30/98 07/31/98 07/31/98 07/31/98 Stage Type of of Production Input ================ ===== PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST E PREHARVEST E PREHARVEST E PREHARVEST M PREHARVEST M PREHARVEST M PREHARVEST E HARVEST G HARVEST G K Input Name Number of Units ========================= ============= DISCING OFFSET 1.0000 DISCING TANDEM 1.0000 DISCING TANDEM 1.0000 LIQUID FERT. RIG 1.0000 FERT. 10-34-0 150.0000 HERB, PRE-EMERGE SORGHUM 1.0000 DISCING TANDEM 1.0000 SHAPING BEDS 1.0000 ANHYDROUS APPL. 1.0000 FERT. 82-0-0 100.0000 SHAPING BEDS 1.0000 PLANTING 1.0000 SEED SORGHUM TREATED 7.0000 HERB, PRE-EMERGE SORGHUM 1.0000 INSECT. SORG 1.0000 ROLLING 1.0000 CULTIVATING 1.0000 SPRAYING 1.0000 CROP INS 65/100 SORG 36 1.0000 CUSTOM COMBINING SORGHUM 1.0000 CUSTOM HAULING SORGHUM 36.0000 CASH RENT CROPLAND 1.0000 B-1241 (C08) Cash Landlord Break NonShare Even Cash Prod. ===== ======== ===== C 33.33 Y Cash Fixed Landlord Nonor Share Cash Vari. ===== ===== ======== .00 .00 .00 .00 C V 33.33 C V .00 .00 .00 .00 C V 33.33 .00 .00 C V .00 C V .00 C V 33.33 .00 .00 C V .00 C V 33.33 C V 33.33 C V 33.33 C 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.