MICROCOMPUTER CROP COST AND RETURN GENERATOR

Transcription

1 MICROCOMPUTER CROP AND RETURN GENERATOR BUDGET AREA... VALENCIA AND SOUTHERN BERNALILLO COUNT FARM SIZE ACRES IRRIGATION TYPE FLOOD NUMBER OF CROPS 5 VERSION 1.0 COPYRIGHT (C) 1984 by NEW MEXICO STATE UNIVERSITY BOARD OF REGENTS 1, /ACRE #REF! #REF! 2, /ACRE #REF! #REF! * ETURN TO LAND AND RISK MINUS (INTEREST RATE TIMES LAND VALUE TIMES ACREAGE) ** DIVIDED BY (MACHINERY AND EQUIPMENT VALUE PLUS LAND VALUE) Total 3, ========== Total per planted acre

2 TABLE 1. Acreage Summary, Valencia and Southern Bernalillo Counties, BUDGET AREA VALENCIA AND SOUTHERN BERNALILLO COUNTIES FARM SIZE. 30 ACRES IRRIGATION TYPE FLOOD NUMBER OF CROPS 5 WATER USE LAND USE AC.IN. ACREAGE SUMMARY: (ACRES) PER AC. AC.IN. ALFALFA ESTABLISHMENT 3.50 * ALFALFA OAT HAY SORGHUM HAY 5.00 * GREEN CHILE JALAPENOS DITCHES, HOMESTEAD 3.00 * DOUBLE-CROPPED ,258 ACRE FEET PER ACRE OF WATER RIGHTS 3.49 TABLE 2. Basic cost information for Valencia and Southern Bernalillo Counties, Item Labor Wage Rate: $/hour $7.50 Purchased Inputs: Fertilizer: Nitrogen (N) Phosphate (P205) $0.31 $0.24 Seed: Alfalfa Oats Green Chile Jalapenos Sorghum $4.00 $0.44 $16.00 $50.00 Baling wire Chile Sacks Canal water Energy: Butane Diesel fuel Gasoline Electricity Natural Gas $/sack $/acre $/gallon $/gallon $/gallon cents/kwhr $/MCF $0.18 $2.85 $2.70 $ $4.01 Employee Liability Insurance $/$1,000 wages $12.00 Employee Benefits percent/wages 12.00% Labor Downtime percent 25.00% Financial Rates: Operating Capital Interest Rate Land Interest Rate Equipment Interest Rate Real Interest Rate percent percent percent percent 5.50% 5.00% 5.50% 3.00% Land Taxes $ /acre (full value) Personal Property Tax Rate - NR - R $/$1,000 (Assessed Value) $32.53 $26.53 Supervision Factors Field Crop-Irrigation Field Crop-Equip & General Vegetable Crop-Irrigation Vegetable Crop-Equip & General $/labor hour $/labor hour $/labor hour $/labor hour $1.00 $0.50 $2.90 $1.00 Management Rate Field Crops Vegetable Crops percent/gr percent/toe 4.00% 10.00% TABLE 3. Overhead cost information for Valencia and Southern Bernalillo Counties, Item Electricity (Domestic & Shop) Telephone Accounting & Legal Misc. Supplies & Hand Tools Pickup and Auto miles 5,232 Insurance - general liability (non-employee) - fire/theft Property Taxes - non-planted land - other than land & machinery Building repairs and maintenance Dues, fees, publications Farmstead $0.500 per mile $57.15 $44.45 per month per month $686 $533 $191 $445 $2,616 $197 $165 $78 $135 $229 $127 $191 Total $5,591 Total per planted acre

3 TABLE 4. Equipment summary for a 30 acre, part-time farm, Valencia and Southern Bernalillo Counties, EQUIPMENT VARIABLE S S ANNUAL HOURS OF ITEM & SIZE FUEL, OIL, FUEL, OIL REPAIR NUMBER REPAIR DEPRECIATION TAXES VALUE LUBRICANT PER HR PER HR PER HR USE TRACTOR 51 1 $4,950 $593 $66 $11.67 $1.29 $539 $117 $12.90 PICKUP 1/2 TON 23 1 $19,000 $348 $17 $15.12 $0.76 $3,800 $206 $ BALER, PTO 2 WIRE 24 1 $1,600 $0 $4 $0.00 $0.15 $385 $42 $17.56 CULTIVATOR 2 ROW 3 1 $250 $0 $1 $0.00 $0.31 $33 $3 $ FT 8 1 $700 $0 $7 $0.00 $0.87 $93 $8 $12.52 LISTER 2 ROW 1 1 $250 $0 $0 $0.00 $0.31 $33 $3 $33.37 PLOW (FLIP) 2 WAY 14 1 $250 $0 $4 $0.00 $0.31 $33 $3 $2.62 BORDER $300 $0 $0 $0.00 $0.37 $40 $3 $ BED PLANTER 2 1 $150 $0 $0 $0.00 $0.07 $30 $2 $15.81 $27,450 $941 $100 $4,987 $385 EQUIPMENT LIST NEW USED YEARS EQUIP MAX FUEL LUBE ACCUM INTEREST VALUE VALUE LIFE CODE HOURS UNIT/HR COEF HOURS EXPENSE ITEM AGE TRACTOR PICKUP 1/2 TON BALER, PTO 2 WIRE CULTIVATOR 2 ROW FT LISTER 2 ROW PLOW (FLIP) 2 WAY BORDER BED PLANTER USAGE LIST SMALL ALFALFA GRAIN ALFALFA SORGHUM GREEN PER ACRE EST. HAY HAY HAY CHILE S JALPENOS hours per acre INTEREST PRORATION SMALL GREEN GREEN GRAIN SORGHUM CHILE CHILE ALFALFA HAY HAY HAY D. S. B. P dollars per acre ALFALFA ESTABLISHMENT ACRES: 3.5 PUMP WATER: POWER TIMES UNIT OVER RATE MACHINE CUSTOM PLOW LASER PLANE (CUSTOM) BORDER DRILL (CUSTOM) (PER ACRE) IRRIGATE (2X) ALFALFA HAY ACRES: 20 PUMP WATER: POWER TIMES MACHINE UNIT OVER RATE CUSTOM IRRIGATE (8X) SWATHER (CUSTOM) (PER ACRE) BALER, PTO (4X) SMALL GRAIN HAY ACRES: 5 PUMP WATER: POWER TIMES MACHINE UNIT OVER RATE CUSTOM PLOW (2X) BORDER DRILL (CUSTOM) (PER ACRE) 7.53 IRRIGATE (4X) SWATHER (CUSTOM) (PER ACRE) BALER, PTO SORGHUM HAY ACRES: 5 PUMP WATER: POWER TIMES MACHINE UNIT OVER RATE CUSTOM DRILL (CUSTOM) 7.53 IRRIGATE (4X) SWATHER (CUSTOM) (2X) BALER, PTO (2X) GREEN CHILE (DIRECT SEED) ACRES: 1 PUMP WATER: POWER TIMES MACHINE UNIT OVER RATE CUSTOM PLOW LASER PLANE (CUSTOM) LISTER PLANT/BED SHAPE CULTIVATOR (3X) THIN & HOE IRRIGATE (16X) HARVEST HAUL & SELL HALF TON JALAPENOS ACRES: 1 PUMP WATER: POWER TIMES MACHINE UNIT OVER RATE CUSTOM PLOW LASER PLANE (CUSTOM) LISTER PLANT/BED SHAPE CULTIVATOR (3X) THIN & HOE IRRIGATE (12X) HARVEST HAUL & SELL HALF TON ANNUAL REPAIR S AS A PERCENT OF NEW VALUE Hours of Use * * * * ** ** ** ** ** * Based on unpublished data of D. R. Hunt, Department of Agricultural Engineering, University of Illinois. ** Based on "Agricultural Machinery Data" in Agricultural Engineers Yearbook, Codes tractors 2 balers, combines, forage harvesters, windrowers, pickups 3 rotary hoe, disks, moldboard plows, chisels, field cultivators row cultivators, laser plane 4 harrows, wagons, floats, roto buck, drag, roller, water furrow, bed shaper 5 balewagons, cotton pickers, cotton strippers, corn pickers corn heads, forage equipment, rotary mowers, stalk choppers, feed wagons, farm trucks 6 rakes, cutterbar mower 7 baler w/ engine, manure spreader 8 planters, drills, seeding equipment, mounted sprayers 9 fertilizer distributing equipment

4 TABLE 5. Alfalfa establishment, flood-irrigated, budgeted per acre costs and returns for a 30 acre part-time farm, Valencia and Southern Bernalillo Counties, Planting dates: August 15 - September 15 ITEM QUANTITY ALFALFA SEED $ LBS AC. IN. $80.00 $80.00 $0.00 SUB $80.00 $80.00 PREHARVEST OPERATIONS POWER UNIT RATE LABOR FUEL & LUBE REPAIRS PLOW LASER PLANE (CUSTOM) BORDER DRILL (CUSTOM) IRRIGATE (2X) 1.31 HR 0.05 HR 1.50 HR $32.50 $9.83 $0.38 $11.25 $15.29 $0.58 $2.10 $0.08 $20.33 $5.73 $47.54 $6.78 $32.50 $11.25 SUB 3.48 HR $ $26.10 $23.10 $3.52 $41.82 $ HR $0.31 $3.71 $3.13 $13.60 $3.71 $3.13 $0.31 $13.60 SUB 0.50 HR $0.31 $20.45 $20.76 OPERATING EXPENSES 3.98 HR $ $46.55 $23.10 $3.52 $41.82 $298.52

5 TABLE 6. Alfalfa hay, flood-irrigated, budgeted per acre costs and returns for a 30 acre part-time farm, Valencia and Southern Bernalillo Counties, Harvesting dates: June 1 - October 15 ITEM ALFALFA HAY GRAZING $ $10.00 YIELD 4.00 TONS (IN FIELD) 1.00 ACRE $ $10.00 $ QUANTITY PHOSPHATE (P2O5) WIRE ESTABLISHMENT: Principal : Interest $ LBS 30 LBS 6 YEARS 44 AC. IN. $21.60 $39.60 $49.75 $8.60 $21.60 $39.60 $49.75 $8.60 SUB $89.20 $58.36 $ PREHARVEST OPERATIONS POWER UNIT RATE LABOR FUEL & LUBE REPAIRS IRRIGATE (8X) 6.00 HR $45.00 $45.00 HARVEST OPERATIONS SWATHER (CUSTOM) BALER, PTO (4X) 1.08 HR $8.10 $12.60 $1.56 $32.90 $55.16 SUBO 1.08 HR $8.10 $12.60 $1.56 $32.90 $ HR $2.03 $0.97 $0.10 $34.94 $2.03 $0.97 $0.10 $34.94 SUB 0.27 HR $ $37.94 $ OPERATING EXPENSES 1.35 HR $ $91.04 $12.60 $1.56 $96.49 $ $ INTEREST ON EQUIPMENT ( 5.50% ) $2.62 $22.00 $ BUDGET SUMMARY GROSS RETURN VARIABLE OPERATING EXPENSES RETURN OVER VARIABLE EXPENSES EXPENSES LABOR AND MANAGEMENT CAPITAL S $ $96.49 $91.04 $24.63 $ $ (GROSS MARGIN) $ (RETURN TO CAPITAL, LABOR, LAND & RISK) $ (RETURN TO CAPITAL, LAND & RISK) $163.96

6 TABLE 7. Small grain hay, flood-irrigated, budgeted per acre costs and returns for a 30 acre part-time farm, Valencia and Southern Bernalillo Counties, Planting dates: March 1 - May 1 Harvesting dates: June 15 - July 15 ITEM YIELD SMALL GRAIN HAY $ NS (IN FIELD) $ $ QUANTITY SEED WIRE $ LBS 25 LBS 24 AC. IN. $44.00 $33.00 $44.00 $33.00 SUB $ $ PREHARVEST OPERATIONS POWER UNIT RATE LABOR FUEL & LUBE REPAIRS PLOW (2X) BORDER DRILL (CUSTOM) IRRIGATE (4X) 1.31 HR 0.62 HR 0.05 HR 3.00 HR $7.53 $9.83 $4.65 $0.38 $22.50 $15.29 $7.23 $0.58 $2.10 $1.34 $0.08 $20.33 $15.76 $5.73 $47.54 $28.99 $6.78 $7.53 $22.50 SUB 4.98 HR $7.53 $37.35 $23.10 $3.52 $41.82 $ HARVEST OPERATIONS SWATHER (CUSTOM) BALER, PTO 0.27 HR $2.03 $3.15 $0.39 $8.22 $13.79 SUB 0.27 HR $2.03 $3.15 $0.39 $8.22 $ HR $0.47 $ $4.22 $4.73 $21.63 $2.62 $4.22 $4.73 $0.47 $2.62 $21.63 $ SUB 0.56 HR $ $30.57 $2.62 $ OPERATING EXPENSES 5.81 HR $ $69.94 $26.25 $3.92 $52.67 $ $44.84 INTEREST ON EQUIPMENT ( 5.50% ) $3.38 $34.80 $6.66 BUDGET SUMMARY GROSS RETURN VARIABLE OPERATING EXPENSES RETURN OVER VARIABLE EXPENSES EXPENSES LABOR AND MANAGEMENT CAPITAL S $ $52.67 $69.94 $38.18 $ $ $ $44.84 $6.66 (GROSS MARGIN) (RETURN TO CAPITAL, LABOR, LAND & RISK) (RETURN TO CAPITAL, LAND & RISK)

7 TABLE 8. Sorghum hay, flood-irrigated, budgeted per acre costs and returns for a 30 acre part-time farm, Valencia and Southern Bernalillo Counties, Planting dates: July 1 - July 31 Harvesting dates: August 10 - September 30 ITEM SORGHUM HAY GRAZING $ $5.00 YIELD 2.00 TONS (IN FIELD) 1.00 ACRE $ $5.00 $ QUANTITY SEED WIRE 35 LBS $ LBS $ AC. IN. $46.20 $22.44 SUB $96.64 $96.64 PREHARVEST OPERATIONS POWER UNIT FUEL & RATE LABOR LUBE REPAIRS DRILL (CUSTOM) IRRIGATE (4X) $ HR $22.50 $7.53 $22.50 SUB 3.31 HR $7.53 $24.83 $44.52 HARVEST OPERATIONS SWATHER (CUSTOM) (2X) BALER, PTO (2X) 0.27 HR $2.03 $3.15 $0.39 $8.22 $13.79 SUB 0.27 HR $2.03 $3.15 $0.39 $8.22 $ HR $1.09 $3.22 $0.32 $ $16.29 $2.62 $1.09 $3.22 $0.32 $2.62 $16.29 $ SUB 0.15 HR $ $20.60 $2.62 $ OPERATING EXPENSES 3.73 HR $ $47.45 $6.77 $1.06 $18.72 $ $19.63 INTEREST ON EQUIPMENT ( 5.50% ) $2.84 $10.60 $6.19 BUDGET SUMMARY GROSS RETURN VARIABLE OPERATING EXPENSES RETURN OVER VARIABLE EXPENSES EXPENSES LABOR AND MANAGEMENT CAPITAL S $ $18.72 $47.45 $13.44 $ $85.80 (GROSS MARGIN) $67.08 (RETURN TO CAPITAL, LABOR, LAND & RISK) $19.63 (RETURN TO CAPITAL, LAND & RISK) $6.19

8 TABLE 9. Green chile, flood-irrigated, budgeted per acre costs and returns for a 30 acre part-time Valencia and Southern Bernalillo Counties, Planting dates: April 10 - May 1 Harvesting dates: August 1 - October 15 ITEM GREEN CHILE RED CHILE $7.50 $0.90 YIELD BUSHELS (22 LBS PER BUSHEL) LBS $2, $ $2, QUANTITY CHILE SEED $ LBS $ $ NITROGEN (N) $ LBS $40.30 $40.30 HERBICIDE (GRANULAR) $ X/ACRE $35.06 $35.06 INSECTICIDE (GRANULAR) $ X/ACRE $19.65 $19.65 SACKS $ EACH $67.50 $ AC. IN. SUB $ $ POWER FUEL & PREHARVEST OPERATIONS UNIT RATE LABOR LUBE REPAIRS PLOW LASER PLANE (CUSTOM) LISTER PLANT/BED SHAPE CULTIVATOR (3X) THIN & HOE IRRIGATE (16X) 1.31 HR 0.54 HR HR 1.62 HR HR HR $9.83 $4.05 $ $12.15 $ $90.00 $15.29 $6.30 $18.90 $2.10 $0.87 $2.60 $20.33 $24.99 $38.92 $47.54 $36.20 $ $72.57 $ $90.00 SUB HR $ $47.73 $6.91 $ $ HARVEST OPERATIONS HARVEST HAUL & SELL HALF TON HR HR $ $ $ $15.20 $ $ $ SUB HR $ $ $15.20 $ $1, HR $17.83 $45.17 $ $ $45.17 $ $17.83 $ SUB 6.02 HR $ $ $ OPERATING EXPENSES HR $ $1, $ $22.11 $ $3, ($737.32) INTEREST ON EQUIPMENT ( 5.50% ) $10.53 $ ($1,722.25) BUDGET SUMMARY GROSS RETURN VARIABLE OPERATING EXPENSES RETURN OVER VARIABLE EXPENSES EXPENSES LABOR AND MANAGEMENT CAPITAL S $ $ $1, $ $2, $1, $1, ($737.32) ($1,722.25) (GROSS MARGIN) (RETURN TO CAPITAL, LABOR, LAND & RISK) (RETURN TO CAPITAL, LAND & RISK)

9 TABLE 10. Jalapenos, flood-irrigated, budgeted per acre costs and returns for a 30 acre, part-time Valencia and Southern Bernalillo Counties, Planting dates: April 10 - May 1 Harvesting dates: August 1 - October 15 ITEM YIELD JALAPENOS $ TONS $3, $3, QUANTITY JALAPENO SEED NITROGEN (N) PHOSPHATE (P205) HERBICIDE (GRANULAR) INSECTICIDE (GRANULAR) SACKS $50.00 $0.31 $0.24 $35.06 $19.65 $ LBS 150 LBS 75 LBS 1 X/ACRE 1 X/ACRE 10 EACH 48 AC. IN. $ $46.50 $18.00 $35.06 $19.65 $10.00 $ $46.50 $18.00 $35.06 $19.65 $10.00 SUB $ $ PREHARVEST OPERATIONS POWER UNIT RATE LABOR FUEL & LUBE REPAIRS PLOW LASER PLANE (CUSTOM) LISTER PLANT/BED SHAPE CULTIVATOR (3X) THIN & HOE IRRIGATE (16X) 1.31 HR 0.54 HR 2.00 HR 1.62 HR HR HR $9.83 $4.05 $15.00 $12.15 $ $90.00 $15.29 $6.30 $23.34 $18.90 $2.10 $0.87 $2.73 $2.60 $20.33 $24.99 $57.42 $38.92 $47.54 $36.20 $98.49 $72.57 $ $90.00 HARVEST OPERATIONS SUB HR $ $71.06 $9.64 $ $ HARVEST (CUSTOM) HAUL & SELL HALF TON 3.00 HR $1, $22.50 $45.36 $2.28 $17.42 $1, $87.56 SUB 3.00 HR $2, $45.36 $2.28 $17.42 $2, HR $27.91 $13.29 $ $ $13.29 $ $27.91 $ SUB 1.77 HR $ $ $ OPERATING EXPENSES HR $ $3, $ $11.92 $ $3, ($658.59) INTEREST ON EQUIPMENT ( 5.50% ) $9.78 $ BUDGET SUMMARY GROSS RETURN VARIABLE OPERATING EXPENSES RETURN OVER VARIABLE EXPENSES EXPENSES LABOR AND MANAGEMENT CAPITAL S $ $ $3, $ $3, $2, $2, ($658.59) ($878.63) (GROSS MARGIN) (RETURN TO CAPITAL, LABOR, LAND & RISK) (RETURN TO CAPITAL, LAND & RISK)

10 TABLE 11. Summary of per acre costs and returns for a 30 acre part-time farm, Valencia and Southern Bernalillo Counties, ALFALFA ALFALFA SMALL SORGHUM GREEN ESTABLISHMENT HAY GRAIN HAY HAY CHILE JALAPENOS TONS TONS TONS BU/LB TONS PRIMARY YIELD PRIMARY $ $ $ $7.50 $ GOVERNMENT PAYMENTS $0.00 $0.00 $0.00 $0.00 $0.00 SECOND INCOME $10.00 $0.00 $5.00 $ $0.00 GROSS RETURN $ $ $ $2, $3, CASH OPERATING EXPENSES SEED $80.00 $44.00 $46.20 $ $ FERTILIZER $21.60 $40.30 $64.50 CHEMICALS $54.71 $54.71 CROP OTHER $39.60 $33.00 $22.44 $67.50 $10.00 FUEL, OIL & LUBRICANTS-EQUIPMENT $23.10 $12.60 $26.25 $6.77 $ $ FUEL-IRRIGATION REPAIRS $3.52 $1.56 $3.92 $1.06 $22.11 $11.92 CUSTOM CHARGES $ $30.86 $30.86 $2.62 $2.62 $0.31 $ $ $ $ $ CASH EXPENSES $ $ $ $ $ $ RETURN OVER CASH EXPENSES ($210.15) $ $ $83.18 $1, $2, EXPENSES $41.82 $91.25 $50.05 $16.10 $ $ EXPENSES $ $ $ $ $1, $ ($251.98) $ $ $67.08 $1, $2, LABOR AND MANAGEMENT S $46.55 $91.04 $69.94 $47.45 $1, $3, ($298.52) $ $44.84 $19.63 ($737.32) ($658.59) CAPITAL S $2.62 $3.38 $2.84 $10.53 $9.78 INTEREST ON EQUIPMENT INVESTMENT $22.00 $34.80 $10.60 $ $ CAPITAL S $0.00 $24.63 $38.18 $13.44 $ $ ($298.52) $ $6.66 $6.19 ($1,722.25) ($878.63)

11 TABLE 12. Whole farm summary, Valencia and Southern Bernalillo Counties, ALFALFA HAY CROP GRAZING SMALL GRAIN HAY CROP SORGHUM HAY CROP GRAZING GREEN CHILE GREEN RED JALPENOS CROP ACRES 5.00 ACRES 5.00 ACRES 1.00 ACRES 1.00 ACRES $14,000 $200 $2,188 $1,600 $25 $2,063 $360 $3,300 GROSS RETURN $23,735 CASH OPERATING EXPENSES SEED FERTILIZER CHEMICALS CROP OTHER FUEL, OIL & LUBRICANTS-EQUIPMENT FUEL-IRRIGATION REPAIRS CUSTOM CHARGES $993 $537 $109 $0 $1,147 $896 $965 $0 $103 $1,278 $141 $5,644 0 CASH EXPENSES $11,812 RETURN OVER CASH EXPENSES $11,923 EXPENSES $1,698 EXPENSES $13,511 $10,224 LABOR AND MANAGEMENT S $7,576 $2,648 CAPITAL S INTEREST ON EQUIPMENT INVESTMENT $104 $1,852 CAPITAL S $1,956 $693 RETURN RETURN ON LAND VALUE TO RISK* INVESTMENT** $5,000 /ACRE ($3,807) 1.49% $6,500 /ACRE ($5,157) 1.19% $8,000 /ACRE ($6,507) 0.99% $9,500 /ACRE ($7,857) 0.85% $11,000 /ACRE ($9,207) 0.74% $12,500 /ACRE ($10,557) 0.66% * MINUS (INTEREST RATE TIMES LAND VALUE TIMES ACREAGE) ** DIVIDED BY (MACHINERY AND EQUIPMENT VALUE PLUS LAND VALUE)