Input Costs Trends for Arkansas Field Crops, AG -1291

Size: px
Start display at page:

Download "Input Costs Trends for Arkansas Field Crops, AG -1291"

Transcription

1 Input Costs Trends for Arkansas Field Crops, AG -1291

2 Input Costs Trends for Arkansas Field Crops, October 2013 AG-1291 Archie Flanders Department of Agricultural Economics and Agribusiness Northeast Research and Extension Center University of Arkansas Keiser, AR For questions and comments related to this report contact ext. 108 or University of Arkansas, United States Department of Agriculture and County Governments Cooperating. The Division of Agriculture offers its programs to all eligible persons regardless of race, color, national origin, religion, gender, age, disability, marital or veteran status, or any other legally protected status, and is an Affirmative Action/Equal Opportunity Employer.

3 Table of Contents Section Page Introduction 1 Input Costs for 2013 Field Crop Production 1 Trends in Prices for Primary Production Inputs 4 Changes in Costs per Acre due to Increasing Input Prices 5 Summary 7 References 7 Appendix 1 8 Appendix 2 9 Appendix 3 10 Appendix 4 11 Appendix 5 12 Appendix 6 13

4 Input Costs Trends for Arkansas Field Crops, Increasing input prices during have challenged farm profitability even during a period of favorable commodity prices. Relative prices among inputs are determinants of potential profitability for field crop production. Price increases for inputs with extensive application levels in a specified crop will decrease profits more for that crop than for crops with less extensive application levels. Input costs per unit of crop output is a useful measure for gauging profitability potential in relation to expected commodity prices for crops marketed. This report presents estimates of costs per acre for typical Arkansas methods of crop production, as well as trends in input prices for field crops. Input Costs for 2013 Field Crop Production Input prices applied to field rates of usage determine production costs. Crop enterprise budgets developed by the University of Arkansas include estimated costs per acre for field crops (University of Arkansas 2012). Budget costs represent the most generalized production practices for three irrigation scenarios: 1) surface, 2) center pivot, and 3) non-irrigated. For this report, aggregated 2012 production functions are developed for field crops as weighted averages of crop enterprise budgets. Weighted average crop enterprise budgets are presented in Table 1. Input price changes since December 2012 are applied so that costs are representative of the spring 2013 planting period (USDA-NASS 2013a). Irrigation energy costs are weighted by irrigation type, as well as diesel or electric power source (USDA-NASS 2010; USDA-NASS 2009). Rice weights are percentages of seed type planted based on information from Extension specialists. Appendixes 1 through Appendix 6 are weighted budgets for each field crop during Value of cottonseed sold as a by-product is assumed greater than post-harvest costs. Thus, postharvest costs are excluded from operating costs for cotton. Rice has the greatest operating costs of $656.95/acre. With post-harvest costs excluded for cotton, corn has the second greatest operating costs of $ Wheat has the lowest operating costs of $276.25/acre. Fixed costs are greatest for cotton with $133.84/acre and lowest for wheat with $42.58/acre. Adding fixed costs and operating costs leads to rice having the greatest total costs of production of $755.10/acre. Costs in Table 1 include levee construction for rice, but do not include any other activities related to land forming. Cotton total production costs are $15.27 greater than total costs for corn. Among the four major crops planted in the spring season, soybeans have the lowest total costs of production at $361.22/acre. Land costs are not included in Table 1. Operating costs in Table 1 consists of production inputs, repairs and other fees, and post-harvest expenses. Table 2 summarizes total costs with the three categories for operating costs. Production inputs include seeds, fertilizers, chemicals, custom applications, diesel fuel, electricity, supplies, surveying levees, and labor. Rice has the greatest costs of production inputs with $529.11/acre. Production inputs are lowest for wheat with $241.98/acre. Expected yields for 2013 are calculated as averages of Arkansas yields for (USDA- NASS 2013b). Dividing total costs by expected yields estimates total costs per yield unit in 1

5 Table 2. For example, corn prices received above $4.20/bu. represent revenue greater than total production costs, excluding land costs. Table 1. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Field Crops, 2013 Expense Cotton Corn Soybean Rice Sorghum Wheat Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Value of cottonseed sold deducted from cotton post-harvest expenses. 2 Estimated as 25% of pre-harvest and harvest machinery. 3 Does not include land cost. 2

6 Table 2. Summary of Weighted Average Crop Enterprise Budgets, per Acre, 2013 Expense Category Cotton Corn Soybean Rice Sorghum Wheat Production Inputs Repairs & Other Fees Post-Harvest Expenses Total Operating Expenses Fixed Costs Total Costs Unit Cost Value of cottonseed sold deducted from cotton post-harvest expenses. 2 Does not include land cost. 3 Total costs per lb. for cotton, all other are total cost per bu. Production inputs are presented by input type in Table 3. Seed is the greatest cost for soybeans, and seed cost for soybean production is $72.00/acre which is 27% of production inputs. Fertilizers are the greatest production input costs for corn, rice, grain sorghum, and wheat. Fertilizers are 49% of production inputs for corn and 56% of production inputs for grain sorghum. The percentage of production inputs represented by chemicals is greatest for cotton with 27% of production inputs. Diesel and electricity are greatest for rice due to energy requirements for irrigation. The capital intensive nature of crop production is indicated by the relatively low labor cost for all crops in Table 3. Table 3. Production Input Costs Details, Percent of Total Production Inputs, per Acre, 2013 Input Cotton Corn Soybean Rice Sorghum Wheat Seed Percent Fertilizers Percent Chemicals Percent Diesel & Electricity Percent Labor, Field Activities Percent Other Percent < Total Production Inputs Percent Totals may not sum due to rounding. 3

7 Trends in Prices for Primary Production Inputs Prices for the primary production inputs in Table 3 have increasing trends during (USDA-NASS 2013a). Price increases for nitrogen, potash and phosphate, as well as diesel follow similar trends in Figure 1. Fertilizers have their highest prices in 2008 before moderating. In 2013, nitrogen prices are 151% of the 2007 level, while potash and phosphate prices are 189% of the 2007 level. Diesel prices in 2012 were at the highest level since 2007 before declining slightly in Chemical prices in Figure 2 for insecticides, fungicides, and other chemicals have steadily trended upward. Fungicides and other chemical prices in 2013 are 142% of the 2007 level. Insecticide prices in 2013 are 124% of the 2007 level and herbicide prices are 116% of the 2007 level. Seed prices have increased for all crops in Figure 3. Corn seed prices have the greatest increase and are 204% of 2007 prices. Rice seed prices are 200% of the 2007 level, and seed prices for cotton planting are 180% of 2007 prices Index Year Nitrogen Potash & Phosphate Diesel Figure 1. Price Indexes for Major Fertilizers and Diesel, U.S., , 2007= Index Year Herbicide Insecticide Fungicides, Other Chemicals Figure 2. Price Indexes for Agricultural Chemicals, U.S., , 2007=1.0 4

8 Index Year Cotton Corn Soybean Rice Grain Sorghum Wheat, Winter Figure 3. Price Indexes for Seeds, Major U.S. Field Crops, , 2007=1.0 Changes in Costs per Acre due to Increasing Input Prices Price changes for all input items in crop enterprise budgets are available similarly to prices for primary production inputs presented in Figure 1 through Figure 3. Changes in annual costs per acre can be determined by applying price changes to input components which are 2013 costs in Table 1 based on crop enterprise budget application rates (USDA-NASS 2013a). Figure 4 presents costs per acre indexes during for production inputs in Table 3. All crops have 2013 production input costs at least 39% greater than 2007 levels. The greatest single year increase in production input costs for all crops occurred in Production input costs increases in 2013 are changed only slightly from 2012 costs. Soybean production costs in 2013 are 1.5% greater than in 2012, and rice production costs are 2.5% greater than the 2012 level. All other crops have production costs that are unchanged from 2012 or that have decreased by less than 1%. Figure 5 presents costs per acre indexes during for total costs in Table 2. Total costs for all crops, except for grain sorghum, are greatest in Grain sorghum total costs per acre are greatest in

9 Index Year Cotton Corn Soybean Rice Grain Sorghum Wheat, Winter Figure 4. Indexes for Production Inputs, Costs per Acre, , 2007= Index Year Cotton Corn Soybean Rice Grain Sorghum Wheat, Winter Figure 5. Indexes for Total Inputs, Costs per Acre, , 2007=1.0 6

10 Summary Increasing input prices during have challenged farm profitability even during a period of favorable commodity prices. Weighted average crop enterprise budgets with 2013 costs are developed for field crops produced in Arkansas. Rice has the greatest operating costs of $656.95/acre, and wheat has the lowest operating costs of $276.25/acre. Fixed costs are greatest for cotton with $133.84/acre and lowest for wheat with $42.58/acre. Adding fixed costs and operating costs leads to rice having the greatest total costs of production of $755.10/acre. Production inputs include seeds, fertilizers, chemicals, custom applications, diesel fuel, electricity, supplies, surveying levees, and labor. Rice has the greatest costs of production inputs with $529.11/acre. Production inputs are lowest for wheat with $241.98/acre. Seed cost for corn production is $117.69/acre which is 26% of production inputs. Soybeans have seed cost of $72.00/acre, or 27% of production inputs. Fertilizers are the greatest production input costs for corn, rice, grain sorghum, and wheat. Fertilizers are 49% of production inputs for corn and 56% of production inputs for grain sorghum. The percentage of production inputs for chemicals is greatest for cotton with 27% of production inputs. Diesel and electricity are greatest for rice due to energy requirements for irrigation. The capital intensive nature of crop production is indicated by the relatively low labor cost for all crops. References USDA-National Agricultural Statistics Service (NASS). 2013a. Agricultural Prices, USDA- NASS, Washington, DC. Available online at USDA-National Agricultural Statistics Service (NASS) Census of Agriculture Report, USDA-NASS, Washington, DC. Available online at USDA-National Agricultural Statistics Service (NASS) Farm and Ranch Irrigation Survey, USDA-NASS, Washington, DC. Available online at USDA-National Agricultural Statistics Service (NASS). 2013b. U.S. & All States Data-Crops, USDA-NASS, Washington, DC. Available online at University of Arkansas Crop Enterprise Budgets, AG-1283, Division of Agriculture, Cooperative Extension Service, Little Rock, AR, December

11 Appendices Appendix 1. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Cotton, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Value of cottonseed sold deducted from cotton post-harvest expenses. 2 Estimated as 25% of pre-harvest and harvest machinery. 3 Does not include land cost. 8

12 Appendix 2. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Corn, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Estimated as 25% of pre-harvest and harvest machinery. 2 Does not include land cost. 9

13 Appendix 3. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Soybean, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Estimated as 25% of pre-harvest and harvest machinery. 2 Does not include land cost. 10

14 Appendix 4. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Rice, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Estimated as 25% of pre-harvest and harvest machinery. 2 Does not include land cost. 11

15 Appendix 5. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Sorghum, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Estimated as 25% of pre-harvest and harvest machinery. 2 Does not include land cost. 12

16 Appendix 6. Weighted Average Crop Enterprise Budgets, per Acre, Arkansas Wheat, Expense Seed, Includes All Fees Nitrogen Phosphate (P2O5) Potash (K2O) Other Nutrients Herbicide Insecticide Other Chemicals Custom Chemical & Fertilizer Applications Diesel Fuel, Pre-Post Harvest Repairs and Maintenance, Pre-Post Harvest Diesel Fuel, Harvest Repairs and Maintenance, Harvest Irrigation Energy Cost Irrigation System Repairs & Maintenance Supplies (ex. polypipe, levee gates, other) Other Inputs, Survey Levees Labor, Field Activities Scouting/Consultant Fee Boll Weevil Eradication Fee Interest, Annual Rate for 6 Months Cotton: Hauling, Ginning; Grain: Drying Cotton: Warehousing; Other: Hauling Promotions, Boards, Classing Operating Costs Pre-Harvest and Harvest Machinery Irrigation Equipment Miscellaneous Overhead Fixed Costs Total Costs Estimated as 25% of pre-harvest and harvest machinery. 2 Does not include land cost. 13

Background & Assumptions

Background & Assumptions EBB2 SWWW 15 2015 Costs and Returns Estimate.. Southwestern Idaho: Treasure Valley Soft White Winter Wheat Ben Eborn Southwestern Idaho Background & Assumptions The University of Idaho s costs and returns

More information

Paul Patterson Background and Assumptions

Paul Patterson Background and Assumptions 2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Alfalfa Hay Production Paul Patterson Background and Assumptions Magic Valley The University of Idaho s costs and returns estimates are

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Eastern Idaho: Lower Rainfall Dryland Feed Barley Ben Eborn and Terrell Sorensen Eastern Idaho Background and Assumptions The University of Idaho s costs and returns estimates

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Southcentral Idaho: Magic Valley Alfalfa Hay Production Ben Eborn Magic Valley Background and Assumptions The University of Idaho s costs and returns estimates are based

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Southcentral Idaho: Magic Valley Soft White Spring Wheat Ben Eborn, Steven Hines and Juliet Marshall. Magic Valley Background and Assumptions The University of Idaho s costs

More information

Paul Patterson, Steven Hines and Juliet Marshall. Background and Assumptions

Paul Patterson, Steven Hines and Juliet Marshall. Background and Assumptions 2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Spring Malting Barley Paul Patterson, Steven Hines and Juliet Marshall. Background and Assumptions Magic Valley The University of Idaho

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Southcentral Idaho: Magic Valley Hard Red Spring Wheat Ben Eborn, Steven Hines and Juliet Marshall. Magic Valley Background and Assumptions The University of Idaho s costs

More information

Background and Assumptions

Background and Assumptions 2013 Costs and Returns Estimate Southwest Idaho: Treasure valley Commercial Dry Beans Kathleen Painter Background and Assumptions Southwestern Idaho The University of Idaho s costs and returns estimates

More information

Crop Enterprise Budget Sugar Beets, Thick-Planted, Wheatland Area

Crop Enterprise Budget Sugar Beets, Thick-Planted, Wheatland Area Crop Enterprise Budget Sugar Beets, Thick-Planted, Wheatland Area John P. Hewlett, Farm/Ranch Management Extension Specialist Chris Bastian, Research Associate MP-72.3 University of Wyoming - August, 1994

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Southcentral Idaho: Magic Valley Alfalfa Hay Establishment with Oats Ben Eborn Magic Valley Background and Assumptions The University of Idaho s costs and returns estimates

More information

2013 INTRODUCTION AND USE GUIDELINES 2013 GEORGIA COTTON COSTS AND RETURN BUDGET ESTIMATES

2013 INTRODUCTION AND USE GUIDELINES 2013 GEORGIA COTTON COSTS AND RETURN BUDGET ESTIMATES INTRODUCTION AND USE GUIDELINES 2013 GEORGIA COTTON COSTS AND RETURN BUDGET ESTIMATES Don Shurley and Amanda Smith Department of Agricultural and Applied Economics University of Georgia March 2013 Annual

More information

2015 Costs and Returns Estimate Eastern Idaho: Alfalfa Hay Establishment in Grain Stubble Paul E. Patterson Background and Assumptions

2015 Costs and Returns Estimate Eastern Idaho: Alfalfa Hay Establishment in Grain Stubble Paul E. Patterson Background and Assumptions 2015 Costs and Returns Estimate Eastern Idaho: Alfalfa Hay Establishment in Grain Stubble Paul E. Patterson Background and Assumptions Eastern Idaho The University of Idaho s costs and returns estimates

More information

Background and Assumptions

Background and Assumptions 2013 Costs and Returns Estimate Southwest Idaho: Treasure Valley Field Corn: Roundup Ready Kathleen Painter, Jerry Neufeld, Neil Rimbey and Paul Patterson Southwestern Idaho The University of Idaho s costs

More information

Eastern Idaho. Paul E. Patterson and Juliet M. Marshall Background and Assumptions

Eastern Idaho. Paul E. Patterson and Juliet M. Marshall Background and Assumptions 2015 Costs and Returns Estimate Eastern Idaho: Soft White Spring Wheat Paul E. Patterson and Juliet M. Marshall Background and Assumptions Eastern Idaho The University of Idaho s costs and returns estimates

More information

Background and Assumptions

Background and Assumptions 2017 Costs and Returns Estimate Eastern Idaho Spring Malting Barley Ben Eborn, Terrell Sorensen and Jon Hogge Eastern Idaho Background and Assumptions The University of Idaho s costs and returns estimates

More information

MICROCOMPUTER CROP COST AND RETURN GENERATOR

MICROCOMPUTER CROP COST AND RETURN GENERATOR MICROCOMPUTER CROP AND RETURN GENERATOR BUDGET AREA... VALENCIA AND SOUTHERN BERNALILLO COUNT FARM SIZE.... 30.00 ACRES IRRIGATION TYPE FLOOD NUMBER OF CROPS 5 VERSION 1.0 COPYRIGHT (C) 1984 by NEW MEXICO

More information

Paul Patterson and Steven Hines Background and Assumptions

Paul Patterson and Steven Hines Background and Assumptions 2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Commercial Dry Beans Paul Patterson and Steven Hines Background and Assumptions Magic Valley The University of Idaho s costs and returns

More information

The Effect of the No-Burn Ban on the Economic Viability of Producing Bluegrass Seed in Select Areas of Washington State

The Effect of the No-Burn Ban on the Economic Viability of Producing Bluegrass Seed in Select Areas of Washington State Farm Business Management Reports EB1922E The Effect of the No-Burn Ban on the Economic Viability of Producing Bluegrass Seed in Select Areas of Washington State Herbert R. Hinman Alan Schreiber Online

More information

Enterprise Budget Cherries, Sweet, Fresh Market, High-Density, North Central Region AEB 0031, May 2012 Capital Typical Farm Machinery and Equipment

Enterprise Budget Cherries, Sweet, Fresh Market, High-Density, North Central Region AEB 0031, May 2012 Capital Typical Farm Machinery and Equipment Enterprise Budget Cherries, Sweet, Fresh Market, High-Density, North Central Region Tyler West¹, Rebecca Sullivan¹, Clark Seavert¹ and Lynn Long, 2 ¹Student, Instructor & Agricultural Economist, Department

More information

Paul Patterson Background and Assumptions

Paul Patterson Background and Assumptions 2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Corn Silage: Grown Using Genetically Modified Seed Paul Patterson Background and Assumptions Magic Valley The University of Idaho s costs

More information

Background and Assumptions

Background and Assumptions EBB4-SU-17 2017 Costs and Returns Estimate Eastern Idaho: Bingham and Power Counties Sugarbeets Ben Eborn Eastern Idaho Background and Assumptions The University of Idaho s costs and returns estimates

More information

Crop Enterprise Budget Dry Beans, Powell Area

Crop Enterprise Budget Dry Beans, Powell Area Crop Enterprise Budget Dry Beans, Powell Area John P. Hewlett, Farm/Ranch Management Extension Specialist Jay Jenkins, Extension Educator Paul A. Burgener, Former Graduate Assistant Jim J. Jacobs, Professor,

More information

ECONOMIC ANALYSIS OF ALTERNATIVE IRRIGATED WHEAT ENTERPRISES, WALLA WALLA COUNTY, WASHINGTON

ECONOMIC ANALYSIS OF ALTERNATIVE IRRIGATED WHEAT ENTERPRISES, WALLA WALLA COUNTY, WASHINGTON Farm Business Management Reports EB1862 ECONOMIC ANALYSIS OF ALTERNATIVE IRRIGATED WHEAT ENTERPRISES, WALLA WALLA COUNTY, WASHINGTON Gayle S. Willett Walter J. Gary PREFACE Enterprise costs and returns

More information

Self-Propelled Machines FUEL RECORD PERF FUEL CONS LABOR LABOR PURCHASE SV R&M USEFUL ANNUAL

Self-Propelled Machines FUEL RECORD PERF FUEL CONS LABOR LABOR PURCHASE SV R&M USEFUL ANNUAL Table 1. Parameters Diesel Fuel (DI) Price......($/gal): 1.28 Electricity (EL) Price......($/kWh): 0.09 Gasoline (GA) Price........($/gal): 1.30 LP Gas (LP) Price.........($/gal): 0.70 Natural Gas (NG)

More information

Economic Impacts of the Safety Net Provisions in the 2012 Senate and House Farm Bills on AFPC s Representative Crop Farms

Economic Impacts of the Safety Net Provisions in the 2012 Senate and House Farm Bills on AFPC s Representative Crop Farms & RESEARCH Economic Impacts of the Safety Net Provisions in the 2012 Senate and House Farm Bills on AFPC s Representative Crop Farms Working Paper 12-2 July 2012 350 300 250 200 150 100 50 0 2011 2012

More information

Animal Science Info Series: AS-B-262 The University of Tennessee Agricultural Extension Service

Animal Science Info Series: AS-B-262 The University of Tennessee Agricultural Extension Service Animal Science Info Series: AS-B-262 The University of Tennessee Agricultural Extension Service COLD, WET, WINTER WEATHER INCREASES FEED NEEDS OF COW HERDS James B. Neel Professor Animal Science Cattle

More information

Crop Progress. Corn Mature Selected States [These 18 States planted 92% of the 2017 corn acreage]

Crop Progress. Corn Mature Selected States [These 18 States planted 92% of the 2017 corn acreage] Crop Progress ISSN: 00 Released October, 0, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United s Department of Agriculture (USDA). Corn Mature Selected s [These

More information

Estimated Costs and Returns for Establishing And Producing Asparagus in Washington in 2009

Estimated Costs and Returns for Establishing And Producing Asparagus in Washington in 2009 Farm Business Management Report Estimated Costs and Returns for Establishing And Producing Asparagus in Washington in 2009 J. Shannon Neibergs and Tim Waters Washington State University Extension Estimated

More information

Southwestern Idaho. The Model Farm. Production Practices

Southwestern Idaho. The Model Farm. Production Practices 2013 Costs and Returns Estimate Southwestern Idaho and Eastern Oregon: Treasure Valley Onions Mike Thornton, Neil R. Rimbey, and Kate Painter Background and Assumptions Southwestern Idaho The University

More information

2014 Organic Crop Planning Guide

2014 Organic Crop Planning Guide 2014 Organic Crop Planning Guide The Organic Crop Planning Guide is produced to help producers estimate their costs of producing various crops. Please remember that the Guide is an estimate and does not

More information

Abbreviated 156 Farm Record

Abbreviated 156 Farm Record MISSOURI HOWARD Form: FSA-156EZ See Page 3 for non-discriminatory Statements. United States Department of Agriculture Farm Service Agency Abbreviated 156 Farm Record FARM : Prepared : Crop Year : 4825

More information

CORN, GRAIN SORGHUM &WHEAT 2012 PLANNING BUDGETS

CORN, GRAIN SORGHUM &WHEAT 2012 PLANNING BUDGETS 1 CORN, GRAIN SORGHUM &WHEAT 2012 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2011-03 December 2011 i Foreword This report is designed to provide necessary

More information

CORN, GRAIN SORGHUM &WHEAT 2013 PLANNING BUDGETS

CORN, GRAIN SORGHUM &WHEAT 2013 PLANNING BUDGETS 1 CORN, GRAIN SORGHUM &WHEAT 2013 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2012-05 December 2012 i Foreword This report is designed to provide necessary

More information

RISK-RETURNS OF COTTON AND SOYBEAN ENTERPRISES FOR MISSISSIPPI COUNTY, ARK

RISK-RETURNS OF COTTON AND SOYBEAN ENTERPRISES FOR MISSISSIPPI COUNTY, ARK AAES Research Series 521 RISK-RETURNS OF COTTON AND SOYBEAN ENTERPRISES FOR MISSISSIPPI COUNTY, ARK.: A COMPARISON OF ALTERNATIVE MARKETING STRATEGIES WITHIN A WHOLE FARM FRAMEWORK G. Rodríguez, A. McKenzie,

More information

Seed Cotton Program Workshop

Seed Cotton Program Workshop Seed Cotton Program Workshop USDA FSA, LFBF, LSU AgCenter, Mississippi State University Extension Service Thursday, August 16, 2018 Oak Grove, LA Seed Cotton Program Workshop Program Overview and Farm

More information

Corn Basis Information By Tennessee Crop Reporting District

Corn Basis Information By Tennessee Crop Reporting District UT EXTENSION THE UNIVERSITY OF TENNESSEE INSTITUTE OF AGRICULTURE AE 05-13 Corn Basis Information By Tennessee Crop Reporting District 1994-2003 Delton C. Gerloff, Professor The University of Tennessee

More information

-33- ESTIMATED COSTS AND RETURNS PER ACRE (SIDE ROLL SYSTEM) HIGH LEVEL MGMT. (10 ACRE INCHES APPLIED)

-33- ESTIMATED COSTS AND RETURNS PER ACRE (SIDE ROLL SYSTEM) HIGH LEVEL MGMT. (10 ACRE INCHES APPLIED) -33- ESTIMATED COSTS AND RETURNS PER ACRE (SIDE ROLL SYSTEM) HIGH LEVEL MGMT. ( ACRE INCHES APPLIED) FUEL,OIL, FIXED ITEM TIMES LABOR MACHINE LUB.,REP. COSTS OPERATION NO. DATE OVER HOURS HOURS PER ACRE

More information

RICE 2015 PLANNING BUDGETS

RICE 2015 PLANNING BUDGETS 1 RICE 2015 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2014-04 October 2014 i Foreword This report is designed to provide necessary planning data

More information

ORCHARD ECONOMICS: ESTABLISHING AND PRODUCING D ANJOU AND FRESH BARTLETT PEARS IN HOOD RIVER COUNTY

ORCHARD ECONOMICS: ESTABLISHING AND PRODUCING D ANJOU AND FRESH BARTLETT PEARS IN HOOD RIVER COUNTY AEB 0056 July 2016 ORCHARD ECONOMICS: ESTABLISHING AND PRODUCING D ANJOU AND FRESH BARTLETT PEARS IN HOOD RIVER COUNTY David Halliday, Clark Seavert and Steve Castagnoli Photo: A pear orchard at the base

More information

EM 8822-E October 2007 Orchard Economics: Establishing and Producing Medium-Density Pears in Hood River County

EM 8822-E October 2007 Orchard Economics: Establishing and Producing Medium-Density Pears in Hood River County EM 8822-E October 2007 Orchard Economics: Establishing and Producing Medium-Density Pears in Hood River County Clark F. Seavert, Jenny Freeborn, and Steve Castagnoli Orchard Economics: Establishing and

More information

CORN, GRAIN SORGHUM &WHEAT 2018 PLANNING BUDGETS

CORN, GRAIN SORGHUM &WHEAT 2018 PLANNING BUDGETS 1 CORN, GRAIN SORGHUM &WHEAT 2018 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2017-03 October 2017 2 i Foreword This report is designed to provide necessary

More information

PEANUTS 2019 PLANNING BUDGETS

PEANUTS 2019 PLANNING BUDGETS 1 PEANUTS 2019 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2018-07 October 2018 i Foreword This report is designed to provide necessary planning data

More information

SOYBEANS 2018 PLANNING BUDGETS

SOYBEANS 2018 PLANNING BUDGETS 1 SOYBEANS 2018 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2017-02 October 2017 i Foreword This report is designed to provide necessary planning data

More information

MATHEWS FARM TUNICA MISSISSIPPI 1130 ACRES (+/ ) TUNICA AND DESOTO COUNTY FOR SALE. List Price $6,100,000.

MATHEWS FARM TUNICA MISSISSIPPI 1130 ACRES (+/ ) TUNICA AND DESOTO COUNTY FOR SALE. List Price $6,100,000. MATHEWS FARM TUNICA MISSISSIPPI 1130 ACRES (+/ ) TUNICA AND DESOTO COUNTY FOR SALE List Price $6,100,000. FARM ACREAGE BREAKDOWN: Map Acres FSA Crop Acres Shop, bins, turn rows, and ditches Tract 1 Main

More information

Identifying Wheat Growth Stages

Identifying Wheat Growth Stages AGR-224 Identifying Wheat Growth Stages Carrie A. Knott, Plant and Soil Sciences University of Kentucky College of Agriculture, Food and Environment Cooperative Extension Service Identifying growth stages

More information

Economics and Competitiveness. Cost and Return Benchmarks for Crops and Forages. Brown Soil Zone

Economics and Competitiveness. Cost and Return Benchmarks for Crops and Forages. Brown Soil Zone Economics and Competitiveness 2015 Cost and Return Benchmarks for Crops and Forages Brown Soil Zone TABLE OF CONTENTS 2015 Brown Soil Zone OVERVIEW...1 CROPS Spring Wheat...2 FORAGES Roundup Ready Canola...5

More information

Corn, Grain Sorghum, and Wheat 2017 Planning Budgets

Corn, Grain Sorghum, and Wheat 2017 Planning Budgets Corn, Grain Sorghum, and Wheat 2017 Planning Budgets Contents Acknowledgments... 2 2017 Budget Committees... 2 2017 Planning Budgets... 3 Budgets for Agricultural Enterprises... 3 Methods and Procedures...

More information

BUILDING BUSINESS SUCCESS

BUILDING BUSINESS SUCCESS BUILDING BUSINESS SUCCESS Cost of Producing Fresh and Processing Blueberries in the Fraser Valley of British Columbia Spring 2016 The BUILDING BUSINESS SUCCESS enterprise budget series were developed to

More information

RICE 2018 PLANNING BUDGETS

RICE 2018 PLANNING BUDGETS 1 RICE 2018 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2017-04 October 2017 i Foreword This report is designed to provide necessary planning data

More information

Arkansas Retiree In-Migration: A Regional Analysis

Arkansas Retiree In-Migration: A Regional Analysis Community & Economic Development FSCDM5 Arkansas Retiree In-Migration: A Regional Analysis Wayne Miller Professor and Extension Economist Katy Elliott Extension Associate - Community and Economic Development

More information

Total llo7. '1'1 999 'IOo'l. J 2113 '155 72o o61 'I

Total llo7. '1'1 999 'IOo'l. J 2113 '155 72o o61 'I Ohio State Data- Census of Agriculture Table. Summary of Selected Economic Class Groups: [Classes - provide data comparable to the grouping identified as "commercial farms" in earlier census publications.

More information

RICE 2017 PLANNING BUDGETS

RICE 2017 PLANNING BUDGETS 1 RICE 2017 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2016-04 October 2016 i Foreword This report is designed to provide necessary planning data

More information

2010 Budgets for Horticultural Crops Grown on a Half Acre. by Roger Wilson Farm Management / Enterprise Budget Analyst

2010 Budgets for Horticultural Crops Grown on a Half Acre. by Roger Wilson Farm Management / Enterprise Budget Analyst 2010 Budgets for Horticultural Crops Grown on a Half Acre by Roger Wilson Farm Management / Enterprise Budget Analyst Budgeting Assumptions Everyone's situation is different so no budget is accurate for

More information

Wheat Outlook July 24, 2017 Volume 26, Number 44

Wheat Outlook July 24, 2017 Volume 26, Number 44 Today s Newsletter Market Situation Crop Progress 1 Weather 1 Grain Use 5 Market Situation Crop Progress. The U.S. spring wheat crop condition index this week is down only one point to 277 with 96% of

More information

Analyzing the Impacts of Biofuel Mandates on World-Wide Grain, Livestock, and Oilseed Sectors

Analyzing the Impacts of Biofuel Mandates on World-Wide Grain, Livestock, and Oilseed Sectors Analyzing the Impacts of Biofuel Mandates on World-Wide Grain, Livestock, and Oilseed Sectors Richard Stillman, Jim Hansen, Ralph Seeley, Dave Kelch, Agapi Somwaru, and Edwin Young United States Department

More information

lb. lb. lb. lb. lb. lb. lb. lb.

lb. lb. lb. lb. lb. lb. lb. lb. r r TEXAS NORTHEAST FOREWORD The enterprise budgets for Texas Northeast Region are based on estimates of yields, production input quantities, and production practices which represent the best judgment

More information

COTTON 2010 PLANNING BUDGETS

COTTON 2010 PLANNING BUDGETS 1 COTTON 2010 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2009-02 December 2009 i Foreword This report is designed to provide necessary planning data

More information

Virginia Basis Tables for Corn, Soybeans, and Wheat

Virginia Basis Tables for Corn, Soybeans, and Wheat VIRGINIA POL VTECHNIC INSTn U 11~. UNIVERSITY LIBRARIES Agricultural and Applied Economics Virginia Basis Tables for Corn, Soybeans, and Wheat David E. Kenyon* Introduction Futures prices determined at

More information

Budgets: 2007 planning budgets

Budgets: 2007 planning budgets R5 Ranch Budgets: 2007 planning budgets Anywhere UR, Eastern Oregon File: Ray & Reba Barlow User: Bart Eleveld FINPACK Printed 10/30/2008 3:33:50 PM Crop Budget No. 1 2 3 Crop Wheat, Cash Winter Barley,

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update Corn Crop Condition Percent of Acreage Rated Good or Excellent 85 80 75 70 65 60 55 50 45 The U.S. corn crop was rated 69% good-to-excellent on September 23, up 1% from week-ago,

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update We would like to welcome you to another season of Doane s Weekly Crop Weather Update Progress Chartbook. The goal is to provide a quick visual overview of a number of the key gauges

More information

EM 8773-REVISED July 2009 Berry Economics: Establishing and Producing Marion Blackberries in the Willamette Valley

EM 8773-REVISED July 2009 Berry Economics: Establishing and Producing Marion Blackberries in the Willamette Valley EM 8773-REVISED July 2009 Berry Economics: Establishing and Producing Marion Blackberries in the Willamette Valley James W. Julian, Clark F. Seavert, Bernadine C. Strik, and Diane Kaufman Berry Economics:

More information

Partial budgets for cover crops in Midwest row crop farming

Partial budgets for cover crops in Midwest row crop farming Partial budgets for cover crops in Midwest row crop farming A. Plastina, F. Liu, W. Sawadgo, F. Miguez, and S. Carlson. Conservation Infrastructure (CI) - Cover Crops Working Group Iowa Farm Bureau Federation

More information

CRP HEL CRP Ortho Imagery. Tract Cropland Total: acres

CRP HEL CRP Ortho Imagery. Tract Cropland Total: acres United States Department of Agriculture Madison County, Iowa 17 4.09 23 1.26 6 10.74 14 2.89 12 1.7 1 18.02 230TH LN T 347 3 34 4.65 13 2.81 2 11.4 ELMWOOD AVE 16 3 6.49 18 6.5 1.59 21 2.35 8.76 24 11

More information

COTTON 2008 PLANNING BUDGETS

COTTON 2008 PLANNING BUDGETS 1 COTTON 2008 PLANNING BUDGETS Mississippi State University Department of Agricultural Economics Budget Report 2007-01 December 2007 i Foreword This report is designed to provide necessary planning data

More information

THE HISTORICAL BASIS RECORD FOR GRAIN AND SOYBEANS IN DELAWARE; MARKETING YEARS 1996/97 to 2000/01. Philip L. Towle Carl L. German U. C.

THE HISTORICAL BASIS RECORD FOR GRAIN AND SOYBEANS IN DELAWARE; MARKETING YEARS 1996/97 to 2000/01. Philip L. Towle Carl L. German U. C. THE HISTORICAL BASIS RECORD FOR GRAIN AND SOYBEANS IN DELAWARE; MARKETING YEARS 1996/97 to 2000/01 Philip L. Towle Carl L. German U. C. Toensmeyer May 31, 2002 University of Delaware College of Agriculture

More information

2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Russet Burbank Potatoes: Production and Storage Costs

2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Russet Burbank Potatoes: Production and Storage Costs 2015 Costs and Returns Estimate Southcentral Idaho: Magic Valley Russet Burbank Potatoes: Production and Storage Costs Paul E. Patterson Background and Assumptions Magic Valley The University of Idaho

More information

Impact of Alternative Property and Sales Tax Policies on Texas Representative Cotton Farms

Impact of Alternative Property and Sales Tax Policies on Texas Representative Cotton Farms Agricultural & Food Policy Center at Texas A&M University Impact of Alternative Property and Sales Tax Policies on Texas Representative Cotton Farms AFPC Briefing Paper 04-5 December 2004 This work was

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update Corn Crop Condition Percent of Acreage Rated Good or Excellent 85 80 75 70 65 60 55 50 45 Corn condition this week is the same as the last two weeks in the good/excellent category,

More information

EM 8878-E October 2007 Vineyard Economics: Establishing and Producing Wine Grapes in Hood River County

EM 8878-E October 2007 Vineyard Economics: Establishing and Producing Wine Grapes in Hood River County EM 8878-E October 2007 Vineyard Economics: Establishing and Producing Wine Grapes in Hood River County Clark F. Seavert, Jenny Freeborn, and Steve Castagnoli Vineyard Economics: Establishing and Producing

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update The next will be published November 13, 2018, due to the Veteran s Day holiday on Monday. Corn Harvesting Progress 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 9/9 9/16 9/23 9/30 10/7

More information

P R O J E C T I O N S F O R P L A N N I N G P U R P O S E S O N LY N O T T O B E U S E O W I T H O U T U P O AT 1 N G A F T E R 11 / 0 5 / 8 0.

P R O J E C T I O N S F O R P L A N N I N G P U R P O S E S O N LY N O T T O B E U S E O W I T H O U T U P O AT 1 N G A F T E R 11 / 0 5 / 8 0. ^ P R O J E C T I O N S F O R P L A N N I N G P U R P O S E S O N LY N O T T O B E U S E O W I T H O U T U P O AT 1 N G A F T E R 11 / 0 5 / 8 0. B-124KC17) K L E I N G R A S S PA S T U R E. O R Y L A

More information

C O W - C A L F P R O D U C T I O N T E X A S B L A C K L A N D S R E G I O N E S T I M AT E D C O S T S A N D R E T U R N S P E R C C W

C O W - C A L F P R O D U C T I O N T E X A S B L A C K L A N D S R E G I O N E S T I M AT E D C O S T S A N D R E T U R N S P E R C C W r r TEXAS I5LACKLAND FOREWORD The enterprise budgets for Texas Blackland Region are based on estimates of yields, production input quantities, and production practices which represent the best judgment

More information

COTTON, DRYLAND, EDWARDS PLATEAU II REGION ESTIMATED COSTS AND RETURNS PER ACRE,

COTTON, DRYLAND, EDWARDS PLATEAU II REGION ESTIMATED COSTS AND RETURNS PER ACRE, COTTON, DRYLAND, EDWARDS PLATEAU II REGION ESTIMATED COSTS AND RETURNS PER, FUEL.OIL, FIXED ITEM TIMES LABOR MACHINE LUB.,REP. COSTS OPERATION NO, DATE OVER HOUPS HOURS PER PER SHREDDER 2R TM 4,56 DEC

More information

COTTON. IRRIGATED. TEXAS HIGH PLAINS III REGION ESTIMATED COSTS AND RETURNS PER ACRE (SPRINKLERSl PREPLANT PLUS ONE POSTPLANT UNIT

COTTON. IRRIGATED. TEXAS HIGH PLAINS III REGION ESTIMATED COSTS AND RETURNS PER ACRE (SPRINKLERSl PREPLANT PLUS ONE POSTPLANT UNIT 12 COTTON. IRRIGATED. TEXAS HIGH PLAINS III REGION ESTIMATED COSTS AND RETURNS PER ACRE (SPRINKLERSl PREPLANT PLUS ONE POSTPLANT UNIT P R I C E O R V A L U E O R COST/UNIT QUANTITY COST GROSS RECEIPTS

More information

The World Bank Agriculture Investment and Market Development Project (P143417)

The World Bank Agriculture Investment and Market Development Project (P143417) Public Disclosure Authorized AFRICA Cameroon Agriculture Global Practice IBRD/IDA Investment Project Financing FY 2015 Seq No: 6 ARCHIVED on 22-Dec-2016 ISR26129 Implementing Agencies: MINADER Public Disclosure

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update Corn Crop Condition Percent of Acreage Rated Good or Excellent 85 80 75 70 65 60 55 50 45 As of September 9, USDA rates the crop at 68% good to excellent. The rating is up one point

More information

Landscape Effects on Pest Management Clint Allen Ryan Jackson USDA-ARS-SIMRU

Landscape Effects on Pest Management Clint Allen Ryan Jackson USDA-ARS-SIMRU Landscape Effects on Pest Management Clint Allen Ryan Jackson USDA-ARS-SIMRU Clint Allen Ryan Jackson USDA-ARS-SIMRU MS crop acreage harvested 7 Corn Cotton Peanuts Rice Sorghum Soybean Sweetpotato 6 5

More information

2012 Crop Year Fertilizer Report

2012 Crop Year Fertilizer Report 2012 Crop Year Fertilizer Report This report is based on the tonnage of fertilizer reported from licensed dealers that has been either distributed OR sold in Minnesota. Fertilizer can be reported as distributed

More information

Economic, Productive & Financial Performance Of Alberta Cow/Calf Operations

Economic, Productive & Financial Performance Of Alberta Cow/Calf Operations Benchmarks for Cattlemen Economics & Competitiveness Economic, Productive & Financial Performance Of Cow/Calf Operations Moist Mixed land Production Year - 1999 Nov-03 Foreword This AgriProfit$ & Returns

More information

Economic, Productive & Financial Performance Of Alberta Cow/Calf Operations

Economic, Productive & Financial Performance Of Alberta Cow/Calf Operations Benchmarks for Alberta Cattlemen Economics & Competitiveness Economic, Productive & Financial Performance Of Alberta Cow/Calf Operations Comparing: Southern Alberta Total, Southern Alberta Low Cost, and

More information

The World Bank Agriculture Investment and Market Development Project (P143417)

The World Bank Agriculture Investment and Market Development Project (P143417) Public Disclosure Authorized AFRICA Cameroon Agriculture Global Practice IBRD/IDA Investment Project Financing FY 2015 Seq No: 5 ARCHIVED on 17-Jun-2016 ISR23928 Implementing Agencies: MINADER Public Disclosure

More information

10:42 AM Sample Winery with Vineyard. 01/02/16 Profit & Loss Accrual Basis January through December 2016

10:42 AM Sample Winery with Vineyard. 01/02/16 Profit & Loss Accrual Basis January through December 2016 10:42 AM Sample Winery with Vineyard Ordinary Income/Expense Income 410000 TRADE SALES 0.00 420000 RETAIL SALES 0.00 450000 EVENT 0.00 480100 BULK WINE SALES 0.00 490000 Bad Debt Expense 0.00 Total Income

More information

2010 Crop Year Fertilizer Report

2010 Crop Year Fertilizer Report 2010 Crop Year Fertilizer Report This report is based on the tonnage of fertilizer reported from licensed dealers that has been either distributed OR sold in Minnesota 1. Each registrant under section

More information

1996 Alfalfa Seed Enterprise Budget, Walla Walla County, Washington

1996 Alfalfa Seed Enterprise Budget, Walla Walla County, Washington Farm Business Management Reports EB1375 1996 Alfalfa Seed Enterprise Budget, Walla Walla County, Washington Walter J. Gary Gayle S. Willett COOPERATIVE EXTENSION Washington State ~University - 1996 ALFALFA

More information

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 10, 2013

World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts. Lockup Briefing April 10, 2013 World Agricultural Outlook Board Interagency Commodity Estimates Committee Forecasts Lockup Briefing World Wheat Production Country or Region estimate 2012/13 previous month Million Tons Percent Percent

More information

The Talking Farm Treasurer's Report and Financial Statements (for internal use only) June 30, 2016

The Talking Farm Treasurer's Report and Financial Statements (for internal use only) June 30, 2016 Treasurer's Report and Financial Statements (for internal use only) June 30, 2016 Table of Contents: Treasurer's Report 1 Page: Financial Statements: Statements of Financial Position 2 Statements of Activities

More information

PROJECTED S/UNIT VALUE GROSS RECEIPTS COTTON LINT LB COTTONSEED 0.28 TON TOTAL PROJECTED RETURNS $ 308.

PROJECTED S/UNIT VALUE GROSS RECEIPTS COTTON LINT LB COTTONSEED 0.28 TON TOTAL PROJECTED RETURNS $ 308. 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 EXTENSION

More information

SPRING WHEAT, DRYLAND, TEXAS EDWARDS AQUIFER REGION ESTIMATED COSTS AND RETURNS PER ACRE TYPICAL MANAGEMENT UNIT

SPRING WHEAT, DRYLAND, TEXAS EDWARDS AQUIFER REGION ESTIMATED COSTS AND RETURNS PER ACRE TYPICAL MANAGEMENT UNIT 40 SPRING WHEAT, DRYLAND, TEXAS EDWARDS AQUIFER REGION ESTIMATED COSTS AND RETURNS PER TYPICAL MANAGEMENT UNIT P R I C E O R V A L U E O R COST/UNIT QUANTITY COST 1 GROSS RECEIPTS FROM PRODUCTION WHEAT

More information

U.S. Baseline Lamb Cost of Production Model

U.S. Baseline Lamb Cost of Production Model U.S. Baseline Lamb Cost of Production Model LMIC WORKING GROUP: Coordinator: Bridger Feuz, University of Wyoming Member Cooperators: Tim Petry, North Dakota State University; David Anderson, Texas A&M

More information

Do More Inputs Increase Soybean Yield AND Profitability?

Do More Inputs Increase Soybean Yield AND Profitability? Do More Inputs Increase Soybean Yield AND Profitability? - David Marburger*, Bryson Haverkamp, Randy Laurenz, John Orlowski, Eric Wilson, Shaun Casteel, Chad Lee, Seth Naeve, Emerson Nafziger, Kraig Roozeboom,

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update This is our last for the 2018 planting, growing and harvesting seasons. USDA will publish their Crop Progress Report again in April 2019, and we will continue our coverage sometime

More information

Weather and Climate Risks and Effects on Agriculture

Weather and Climate Risks and Effects on Agriculture Weather and Climate Risks and Effects on Agriculture Dr. Eric Snodgrass Official Journal of the Fluid Fertilizer Foundation Vol. 26, No. 2, Issue #100 DOWNLOAD Summary: So, what do we need to watch for?

More information

Near Sledge, Mississippi. Please call to arrange a private viewing

Near Sledge, Mississippi. Please call to arrange a private viewing $3,958,000.00 $1,685,000 ($4,010/Acre) ($3,539/Acre) Precision Leveled Cropland 936.7 Total Acres - 598.39 Cropland Acres - 32.54 CRP Acres - 252.7 Timberland Acres (5) Irrigation Wells CRP Income: $6,500

More information

Purdue University Industry Report

Purdue University Industry Report Purdue University Industry Report SET-Yampa White River Economic Modeling Specialists, Int. www.economicmodeling.com Page 1/14 Region Info - SET-Yampa White River Three counties region of SET in Colorado.

More information

Major Nutrients Trends and some Statistics

Major Nutrients Trends and some Statistics Environmental Factors Nutrients K. Raja Reddy Krreddy@pss.msstate.edu Environmental and Cultural Factors Limiting Potential Yields Atmospheric Carbon Dioxide Temperature (Extremes) Solar Radiation Water

More information

Wheat Outlook September 9, 2017 Volume 26, Number 56

Wheat Outlook September 9, 2017 Volume 26, Number 56 Today s Newsletter Market Situation Crop Progress 1 Weather 2 Grain Use 4 Commitment of Traders 5 Marketing Strategies 218 Wheat Marketing Plan 7 Market Situation Crop Progress. Spring wheat harvest has

More information

Linear Programming and Marginal Analysis

Linear Programming and Marginal Analysis 337 22 Linear Programming and Marginal Analysis This chapter provides a basic overview of linear programming, and discusses its relationship to the maximization and minimization techniques used for the

More information

North Dakota Lignite Energy Industry s Contribution to the State Economy

North Dakota Lignite Energy Industry s Contribution to the State Economy Agricultural Economics Miscellaneous Report No. 186 May 2000 North Dakota Lignite Energy Industry s Contribution to the State Economy Randal C. Coon, and F. Larry Leistritz* Department of Agricultural

More information

Crop / Weather Update

Crop / Weather Update Crop / Weather Update Corn Crop Condition Percent of Acreage Rated Good or Excellent 85 80 75 70 65 60 55 50 45 In its weekly Crop Progress Report for September 16, the USDA stated the 18-state average

More information