=s ECONOMIC COSTS and RETURNS == Owner Budget by Stage. Quantity Unit $ / Unit Total

Transcription

1 Date of Printing : 10/26/95 =s ECONOMIC COSTS and RETURNS == Owner Budget by Stage Cotton, Picker, Dryland, Coastal Plain Texas Coastal Bend (District 11) GROSS INCOME Description COTTON LINT COTTONSEED GROSS Income VRIBLE COST Description I!SSSSSSSS85SSSSSSSSSSS PREHRVEST FERTILIZER HERBICIDE PRE-EM SEED CPROL BWE PROGRM SCOUTING INSECTICIDE PPL INSECTICIDE-FLE INSECTICIDE PPL INSECTICIDE-FLE INSECTICIDE-BOLL PIX INSECTICIDE PPL INSECTICIDE-BOLL INSECTICIDE PPL INSECTICIDE-BOLL INSECTICIDE PPL INSECTICIDE-BOLL INSECTICIDE PPL INSECTICIDE-BOLL INSECTICIDE PPL PIX INSECTICIDE-BOLL INSECTICIDE PPL INSECTICIDE PPL INSECTICIDE-BOLL INSECTICIDE-BOLL INSECTICIDE PPL Fuel & Lube - Machinery Repairs - Machinery L a b o r - M a c h i n e r y PREHRVEST HRVEST DEFOLINTS DEFOLINT PPL. PICK & MODULE GINNING Quantity Unit $ / Unit 6250 lb ton BSSSSSSSSSS 510 Quantity Unit $ / Unit SSSSBSSSSSS SSSS SS BSSSSSSSSSS 0.11 TON LBS lb QT CRE acre appl OZ appl OZ PT pint appl PT appl PT appl PT appl PT appl pint OZ appl appl PT OZ appl cre cre Hour Lb acre cwt LB HRVEST Interest Interest OC Borrowed Positive Cash Dol Dol VRIBLE COST GROSS INCOME minus VRIBLE COST FIXED COST Description Machinery and Equipment Land FIXED Cost of LL Cost NET PROJECTED RETURNS Unit cre cre SS8SSSSSS

2 Date of Printing : 10/26/95 == BUDGET DEFINITION Report == Data File : "CPKR96.BUD" Date Stage Type Product Name Number i Weight Cash Landlord Break of of of per Non- Share Even Production Prod. Units Head Cash Prod. SSS SSBSSBSS SSSS: ========================= ============= ssssssbssssss s s s s s s s s s s s s s s s s s s 09/09/96 HRVEST DEFICIENCY PMT. COTTON C N 09/09/96 HRVEST COTTONSEED C N 09/09/96 HRVEST COTTON LINT C N Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- o r S h a r e Production Input Units Cash Vari. ssssssss ssssssssssaassss SBSSS: ========================= SSSSSSSSSSSBS SSSS)s sssss =:======= 08/25/95 PREHRVEST M SHRED STLKS 150 HP /01/95 PREHRVEST M CHISEL 180HP /21/95 PREHRVEST M DISKING 20FT /16/95 PREHRVEST M FIELD CULTIVTOR 29 FT /16/95 PREHRVEST E FERTILIZER c V 25 11/16/95 PREHRVEST M PPLY FERT 8 ROW /16/95 PREHRVEST E HERBICIDE PRE-EM INCORP c V 11/16/95 PREHRVEST M HERBICIDE PPL. DISC /16/96 PREHRVEST M PICKUP TRUCK /4 TON /29/96 PREHRVEST E SEED COTTON 1800 c V 02/29/96 PREHRVEST M PLNTING 8R COTN /29/96 PREHRVEST E CPROL 100 c 0/01/96 PREHRVEST E BWE PROGRM /1/96 PREHRVEST G SCOUTING 100 c V 04/09/96 PREHRVEST H CULTIVTE 150 8R /14/96 PREHRVEST G INSECTICIDE PPL 100 c V 04/14/96 PREHRVEST E INSECTICIDE-FLE HOPPERS.2000 c V 04/24/96 PREHRVEST G INSECTICIDE PPL 100 c V 04/24/96 PREHRVEST E INSECTICIDE-FLE HOPPERS.2000 c V 05/07/96 PREHRVEST M CULTIVTE 150 8R /14/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 05/14/96 PREHRVEST E PIX.2500 c V 05/14/96 PREHRVEST G INSECTICIDE PPL 100 c V 05/18/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 05/18/96 PREHRVEST G INSECTICIDE PPL 100 c V 05/22/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 05/22/96 PREHRVEST G INSECTICIDE PPL 100 c V 06/12/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 06/12/96 PREHRVEST G INSECTICIDE PPL 100 c V 06/17/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 06/17/96 PREHRVEST G INSECTICIDE PPL 100 c V 06/22/96 PREHRVEST E PIX.2500 c V 06/22/96 PREHRVEST E INSECTICIDE-BOLL WORMS 400 c V 06/22/96 PREHRVEST G INSECTICIDE PPL 100 c V 06/27/96 PREHRVEST G INSECTICIDE PPL 100 c V 06/27/96 PREHRVEST E INSECTICIDE-BOLL WEEVILS 100 c V 07/01/96 PREHRVEST E INSECTICIDE-BOLL WORMS 400 c V 07/01/96 PREHRVEST G INSECTICIDE PPL 100 c V 08/04/96 HRVEST E DEFOLINTS PICKER.2000 c V.25 08/04/96 HRVEST G DEFOLINT PPL. 100 c V 08/19/96 HRVEST G PICK & MODULE COTTON c V 08/1/96 HRVEST G GINNING PICKER c V 25 09/14/96 K CROPLND 100 F

3 Date of Printing : 10/26/95 == ECONOMIC COSTS and RETURNS == Owner Budget by Stage Cotton, Stripper, Dryland, Coastal PLain Texas Coastal Bend (District 11) GROSS INCOME Description Quantity Unit $ / Unit COTTON LINT 6250 lb COTTONSEED ton GROSS Income 510 VRIBLE COST Description Quantity Unit $ / Unit SSSSBBSS8BSBBSSSSSS8SSSSS SSSSSSS === SSSSSSSSSSB BSSSSSSSSSS PREHRVEST FERTILIZER 0.11 TON HERBICIDE PRE-EM LBS SEED 180 lb CPROL 10 QT BWE PROGRM 10 CRE SCOUTING 10 acre 50 5 INSECTICIDE PPL 10 appl INSECTICIDE-FLE.200 OZ INSECTICIDE PPL 10 appl :50 INSECTICIDE-FLE.200 OZ INSECTICIDE-BOLL 10 PT PIX pint INSECTICIDE PPL 10 appl INSECTICIDE-BOLL 10 PT INSECTICIDE PPL 10 appl INSECTICIDE-BOLL 10 PT INSECTICIDE PPL 10 appl INSECTICIDE-BOLL 10 PT INSECTICIDE PPL 10 appl INSECTICIDE-BOLL 10 PT INSECTICIDE PPL 10 appl PIX pint INSECTICIDE-BOLL 40 OZ 20 8 INSECTICIDE PPL 10 appl INSECTICIDE PPL 10 appl INSECTICIDE-BOLL 10 PT INSECTICIDE-BOLL 40 OZ 20 8 INSECTICIDE PPL 10 appl Fuel & Lube - Machinery cre Repairs - Machinery cre.48 L a b o r - M a c h i n e r y 2.0 Hour PREHRVEST HRVEST DEFOLINTS Lb DEFOLINT PPL. 10 acre 0 DESICCNT qt DESICCNT PPL. 10 acre 0 STRIP & MODULE cwt GINNING 6250 LB HRVEST Interest OC Borrowed Dol Interest - Positive Cash Dol VRIBLE COST GROSS INCOME minus VRIBLE COST FIXED COST Description Machinery and Equipment Land FIXED Cost of LL Cost NET PROJECTED RETURNS Unit cre cre

4 ss BUDGET DEFINITION Report == Data File : "CSTP96.BUDM Date of Printing : 10/26/95 Date Stage Type of of Production Prod. Product Name Number of Units Weight Cash Landlord Break p e r N o n - S h a r e E v e n Head Cash Prod. 09/09/96 HRVEST DEFICIENCY PMT. COTTON /09/96 HRVEST COTTONSEED /09/96 HRVEST COTTON LINT C 00 C 00 C 25 N 25 N 25 N Date Stage of Production 08/25/95 PREHRVEST 09/01/95 PREHRVEST 09/21/95 PREHRVEST 10/16/95 PREHRVEST 11/16/95 PREHRVEST 11/16/95 PREHRVEST 11/16/95 PREHRVEST 11/16/95 PREHRVEST 02/16/96 PREHRVEST 02/29/96 PREHRVEST 02/29/96 PREHRVEST 02/29/96 PREHRVEST 0/01/96 PREHRVEST 0/1/96 PREHRVEST 04/09/96 PREHRVEST 04/14/96 PREHRVEST 04/14/96 PREHRVEST 04/24/96 PREHRVEST 04/24/96 PREHRVEST 05/07/96 PREHRVEST 05/14/96 PREHRVEST 05/14/96 PREHRVEST 05/14/96 PREHRVEST 05/18/96 PREHRVEST 05/18/96 PREHRVEST 05/22/96 PREHRVEST 05/22/96 PREHRVEST 06/12/96 PREHRVEST 06/12/96 PREHRVEST 06/17/96 PREHRVEST 06/17/96 PREHRVEST 06/22/96 PREHRVEST 06/22/96 PREHRVEST 06/22/96 PREHRVEST 06/27/96 PREHRVEST 06/27/96 PREHRVEST 07/01/96 PREHRVEST 07/01/96 PREHRVEST 08/04/96 HRVEST 08/04/96 HRVEST 08/11/96 HRVEST 08/11/96 HRVEST 08/19/96 HRVEST 08/1/96 HRVEST 09/14/96 Type of Input Input Name Number of Units Cash Non- Cash Fixed or Vari. Landlord Share M M S H R E D S T L K S C H I S E L H P H P M D I S K I N G 2 0 F T M F I E L D C U L T I V T O R 2 9 F T E F E R T I L I Z E R C V M P P L Y F E R T 8 R O W E H E R B I C I D E P R E - E M I N C O R P C V. 0 0 M H E R B I C I D E P P L. D I S C M P I C K U P T R U C K / 4 T O N E S E E D C O T T O N C ' V. 0 0 M P L N T I N G 8 R C O T N E C P R O L C. 0 0 E G B W E P R O G R M S C O U T I N G C C V V M C U L T I V T E R G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - F L E H O P P E R S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - F L E H O P P E R S C V. 0 0 M C U L T I V T E R E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 E P I X C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E P I X C V. 0 0 E I N S E C T I C I D E - B O L L W O R M S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E I N S E C T I C I D E - B O L L W E E V I L S C V. 0 0 E I N S E C T I C I D E - B O L L W O R M S C V. 0 0 G I N S E C T I C I D E P P L C V. 0 0 E D E F O L I N T S S T R I P P E R C V G D E F O L I N T P P L C V E D E S I C C N T S T R I P P E R C V G D E S I C C N T P P L C V G S T R I P & M O D U L E C O T T O N C V G G I N N I N G S T R I P P E R C V K C R O P L N D F. 0 0

5 Date of Printing : 10/26/95 == ECONOMIC COSTS and RETURNS = Owner Budget by Stage Sorghum, Gulf Coast Texas Coastal Bend District (11) G R O S S I N C O M E D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t To t a l S O R G H U M c w t GROSS Income VRIBLE COST Description Quantity Unit $ / Unit SSSSSSSSSSSSSSSSSSBSSSSS SSSSSBSSSBS ssss SSSSS BSSSSSSSSSS PREHRVEST TRZINE 10 lb. 0 FERTILIZER TON MICRONUTRIENT gal SEED 60 lb SOIL INSECTICIDE gal FOLIR IRON 10 gal FOLIR IRON 10 gal Fuel & Lube - Machinery cre 10. Repairs Machinery cre.49 L a b o r - M a c h i n e r y Hour PREHRVEST Interest - OC Borrowed HRVEST Dol HRVEST ND HUL 80 CWT HRVEST SSSSSS T o t a l V R I B L E C O S T G R O S S I N C O M E m i n u s V R I B L E C O S T FIXED COST Description Unit M a c h i n e r y a n d E q u i p m e n t c r e Land cre 9.40 FIXED Cost 85.8 of LL Cost N E T P R O J E C T E D R E T U R N S

6 == BUDGET DEFINITION Report == Data File : "MIL096.BUO" Date of Printing : 10/26/95 Date Stage Type Product Name Number 1 height Cash Landlord Break of of of per Non- Share Even Production Prod. Units 1Head Cash Prod. 07/14/96 HRVEST SORGHUM C N 07/14/96 HRVEST DEFICIENCY PMT. SORGHUM C N Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- or Share Production Input Units Cash Vari. 08/16/95 PREHRVEST M SHRED STLKS 150 HP /21/95 PREHRVEST M DISKING 20FT /16/95 PREHRVEST M BEDDING 180 8R0W /01/95 PREHRVEST E TRZINE HERB 100 C V 10/01/95 PREHRVEST M PPLY HERBICIDE /11/95 PREHRVEST E FERTILIZER C V 11/11/95 PREHRVEST M PPLY FERT 8 ROW 100 ' 11/11/95 PREHRVEST E MICRONUTRIENT ZINC.1250 C V 01/16/96 PREHRVEST M BEDDING 180 8R0W /16/96 PREHRVEST M PICKUP TRUCK /4 TON /04/96 PREHRVEST E SEED SORGHUM 600 C V 0/04/96 PREHRVEST M PLNTING 8RSORG 100 0/04/96 PREHRVEST E SOIL INSECTICIDE FURDN.1250 C V 0/14/96 PREHRVEST E FOLIR IRON 100 0/14/96 PREHRVEST M. PPLY IRON 100 0/20/96 PREHRVEST M CULTIVTE 150 8R /14/96 PREHRVEST M PPLY IRON /14/96 PREHRVEST E FOLIR IRON /20/96 PREHRVEST M CULTIVTE 150 8R /14/96 HRVEST G HRVEST ND HUL SORGHUM 800 C V 07/14/96 HRVEST K CROPLND 100 F

7 Date of Printing : 10/26/95 -- ECONOMIC COSTS and RETURNS == Owner Budget by Stage Soybeans, Gulf Coast Texas Coastal Bend (District 11) GROSS INCOME Description SOYBENS Quantity Unit $ / Unit 00 bu GROSS Income VRIBLE COST Descriptiion Quantity Unit $ / Unit SSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSB SSSSSSSSSSB SS = = = = = = = = = = = S BSSBSSSSSS PREHRVEST TREFLN qt FERTILIZER TON FERTILIZER PPL. 10 acre SEED 500 lb INOCULNT 50 oz FUSILDE PT LNNTE PT INSECTICIDE PPL 10 appl GRMOXONE 10 PT DESSICNT PPL. 10 acre 0 Fuel & Lube - Mach.inery cre Repairs - Machiinery cre.04 L a b o r - M a c h iinery 2.40 Hour PREHRVEST Interest OC Borrowed HRVEST CUSTOM HRVEST CUSTOM HUL 8.01 Dol. 10 acre 00 bu HRVEST VRIBLE COST Break-Even Price, Variable Cost $ GROSS INCOME minus VRIBLE COST FIXED COST Description Machinery and Equipment Land.62 per bu. of SOYBENS Unit cre cre FIXED Cost Break-Even Price, Cost $ 6.54 per bu. of SOYBENS of LL Cost NET PROJECTED RETURNS

8 == BUDGET DEFINITION Report == Data File : "SOY96.BUD" Date of Printing : 10/26/95 Date Stage Type Product Name Number IWeight Cash Landlord Break of of of per Non- Share Even Production Prod. Units IHead Cash Prod. 08/1/96 HRVEST SOYBENS C. 0 0 Y Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- or Share Production Input Units Cash Vari. 08/15/95 PREHRVEST M SHRED STLKS /15/95 PREHRVEST H DISKING TNDEM 6 ROW /20/95 PREHRVEST M FIELD CULTIVTOR 6 ROW /15/95 PREHRVEST M BEDDING 6 ROW /1/96 PREHRVEST M HERBICIDE PPL /15/96 PREHRVEST E TREFLN HERB C V * 02/15/96 PREHRVEST M PICKUP TRUCK /4 TON /14/96 PREHRVEST M BEDDING 6 ROW 100 0/1/96 PREHRVEST E FERTILIZER C V 0/1/96 PREHRVEST G FERTILIZER PPL. 100 C V 0/1/96 PREHRVEST E SEED SOYBENS 5000 C V 0/1/96 PREHRVEST M PLNTING 6 ROW 100 0/1/96 PREHRVEST E INOCULNT SOYBEN 500 C V 04/19/96 PREHRVEST M CULTIVTE 6 ROW /1/96 PREHRVEST M CULTIVTE 6 ROW /19/96 PREHRVEST E FUSILDE /19/96 PREHRVEST M HERBICIDE PPL /14/96 PREHRVEST E LNNTE /14/96 PREHRVEST G INSECTICIDE PPL /11/96 PREHRVEST E GRMOXONE /11/96 PREHRVEST G DESSICNT PPL /1/96 HRVEST G CUSTOM HRVEST SOYBENS 100 C V 08/1/96 HRVEST G CUSTOM HUL SOYBENS 000 C V 08/1/96 K CROPLND 100 F

9 Date of Printing : 10/26/95 == ECONOMIC COSTS and RETURNS == Ownership Budget By Residual Returns Cow-Calf Production, Partially Improved Pasture Texas Coastal Bend rea PR?.MTI2IcDeSCn"Pol«~* ^ ^ «d S, u c c B K F ' 1 2 H d C H t , T «D R r ^ «! S ' 2 H d 5 ' 5 0 C H t S T E E R C L V E S H d c w t I Ts i s o T o t a l G R O S S I n c o m e S = = = 1 4 = 9 4 OPERTING INPUT or CUSTOM OPERTION*' ~-==============8===s=8=== 5n* M«r!?uCripti0n Input Use Unit $ / Un't Cost 2 0 X P R O T E I N C w t JS J ; L. T & M I NU E. R, C L S r o l l l b V E T. M E D I C I N E h e a d i o O Fuel 5'J" R ^ i r 0. ' 5 R e p a, r. 0 6 OPERTING INPUT and CUSTOM OPERTION Costs 177^89 Residual returns to capital, ownership labor, land, management, and profit CPITL INVESTMENT Description Quantity Unit Rate of Cost Invested Return I n t e r e s t - I T E q u i t y D o l I n t e r e s t - O C E a r n e d D o l i n T o t a l C P I T L I N V E S T M E N T C o s t s " " " " " S u O Residual returns to ownership, labor, land, management, and profit 8.95 OWNERSHIP COST Description (Depreciation, Taxes, and Insurance) Cost M a c h i n e r y a n d E q u i p m e n t 1 5 L i v e s t o c k 1 6 ; 2 0 T o t a l O W N E R S H I P C o s t s = = = = = = 8 s = = s Residual returns to labor, land, management, and profit 6?40 LBOR COST Description input Use Unit verage Cost u U -. R a t e M a c h i n e r y a n d E q u i p m e n t H r o t h e r H r * 8 9 T o t a l L B O R C o s t s i l " ^ Residual returns to land, management, and profit """" LND COST Description input Use Unit Rate of Cost PSTURE.,... _. COSTL. - R e t u r n nnual Lease 10 cre PSTURE OWNED n n u a l T a x e s c r e I n t e r e s t - I T E q u i t y D o l T o t a l L N D C o s t s L 2 5 R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t " Projected Cost of Production

10 oo oo* 00' 00* 00* oooooo* oooooo* oooooo* oooooooooooo* oooooo* oooooo* oooooo* oooooooooooo* oooooooooooooooooooooooo* oooooo* oo oo- J i UB O J e q s J O pjoipuei paxij N qseo -uon qseo '9 '9 0000'I OOOO'I 0002"I 0529* 0S29* 0002*1 0529* OOOZ'l 0SZ9* 0002*1 0000*2 OOOO'I 0500* 052 r 0050* OOOO*I 0020* 0010' 0010' 0LO OO10' 0010* 0001' 0010* OOLO" 0Z90- OOOO'SOI sjiun jaqurin S1WNIN 9 IIVS S1WINIW 9 11VS -09V1 X0iSH H S1VHNIW 9 11VS NIIQW *1 H08V1 X01SH H S1VUNIH 9 11VS U08V1 *01Sn H S1WNIN 9 11VS HWI )(01SI1 H S1VUNIH 9 11VS U08V1 01SM H S1V8NIH 9 11VS 808V1 )(0iSn H S1VUNIH 9 11VS S08V1 X01SH H S1VHNIW 9 11VS NII0H '1 IJ08V1 «0iSI1 H NI10Hd X02 VH S1VUNIW 9 11VS H08V1 >01Sn H S1WNIM 9 1TVS VH NISlOHd %02 aoavi moissaii h S1VUNIH 9 11VS VH NI108d %02-08V1 X01SI1 H S1VUNIM 9 1TVS VH NI10Hd X02 H08V1 M0J.SI1 H QHK) anisvd x 1V1SV0 _nisvd > SU0H I aasiva U-IH J8 I ling J9 I aasiva MOD.8 I.0. "IddDS a!nwdin0 '1 a USWdS XD01S a xsvi a -1IV.i )I01S a 1HH Z0DS 0 1NVd NJ N inhdin0 111V a VW DNIXSOrt N NJ N NOl */ XMW1 dfwid H 96/H/U 96/H/ll 96/H/U 96/n/Ol 96/H/Ol 96/n/0l 96/H/60 96/W/60 96/H/80 96/*l/80 96/H/ZO 96/H/Z0 96/H/90 96/H/90 96/n/SO 96/H/SO 96/n/*0 96/*/l/*0 96/H/W) 96/Sl/ 0 96/SlV 0 96/n/ 0 96/*l/ 0 96/91/20 96/91/20 96/91/20 96/91/20 96/91/10 96/91/10 96/91/10 96/91/10 S6/91/21 56/91/21 56/91/21 56/91/21 S6/SL/LL 56/5 l/u S6/SL/LL S6/SI/U S6/SI/U S6/SI/U S6/SI/U ssssssssssasssbnssbasass sssss sssssosssrasssss =: sscsssss uoijonpojd auibn indui indu ce adi 6B1S e»eo N 00* N 00* N 00* 0000* 'S S 0000*009 *pojd qsbq peah U a j s i j s - u o n J 9 d jjbajg pjoipubi qseo iqbiafl 0021" 002 * 005*' sjiun jaqurin.8 SrtOD 11R S S1V &JIH 8 S1V H1S 8 auibn )onpojd pojd ± adi uo.uonpojd obb^s S6/SI/U S6/SI/U O^BQ 56/92/01 : Bu.uuud *o a*bq n(in8'96d1vti : aih *ne<] jjodaa NouiNiJsa isdons ==

11 Date of Printing : 11/11/96 == ECONOMIC COSTS and RETURNS = Owner Budget by Stage Soybeans, Gulf Coast Texas Coastal Bend (District 11) GROSS INCOME Description SOYBENS GROSS Income VRIBLE COST Description PREHRVEST TREFLN FERTILIZER FERTILIZER PPL. SEED INOCULNT FUSILDE LNM.'.TE If ICIDE PPL G...ONE DESSICNT PPL. Fuel % Lube - Machinery Repairs - Machinery L a ^ o r - M a c h i n e r y Quantity Unit $ / Unit 00 bu Quantity Unit $ / Unit qt TON 10 acre 500 lb. 50 oz PT PT 10 appl 10 PT 10 acre cre cre 2.40 Hour <?EHRVEST In HRv Cl CL e s t - O C B o r r o w e d D o l J M H R V E S T a c r e HUL 00 bu Tot* RVEST BLE COST Bre n Price, Variable Cost $.70 per bu. of SOYBENS GROSS E minus VRIBLE COST 76.4 FIXEO description Unit Mac Lar / a n d E q u i p m e n t c r e cre " D Cost Bre-- en Price, Cost $ 6.61 per bu. of SOYBENS FIXED C T Description Tota C }<st NET P ^ KETURNS Unit sssssssss I f^y

12 Date of Printing : 0/18/96 Coastal Bermudagrass Hay & Grazing ( Cuttings) Coastal " '>J (District 11) GROSS INCOME Description GRZING HY COSTL Quantity Unit $ / Unit UM 60 Roll GROSS Income 192 VRIBLE COST Description ========================== PREHRVEST NITROGEN PHOSPHTE POTSH FERTILIZER PPL. 2,4D MINE HERB PPL-GROUND Q u a n t i t y U n i t 600 lb. 200 lb. 400 lb. 10 acre lb. 10 C $ / Unit PREHRVEST HRVEST CUSTOM BLING CUSTOM HULING HRVEST PREHRVEST NITROGEN FERTILIZER PPL. PREHRVEST HRVEST CUSTOM BLING CUSTOM HULING HRVEST PREHRVEST NITROGEN FERTILIZER PPL Roll Roll lb acre Roll Roll lb acre PREHRVEST HRVEST CUSTOM BLING CUSTOM HULING Roll Roll HRVEST I n t e r e s t - O C B o r r o w e d D o l VRIBLE COST Break-Even Price, Variable Cost $ per Roll of HY GROSS INCOME minus VRIBLE COST FIXED COST Description Unit 8.68 Land FIXED Cost cre Break-Even Price, Cost $ 1.84 per Roll of HY of LL Cost NET PROJECTED RETURNS dtsut^s C«rO # - ^ Ip4 <r^ -*f <rts -41

13 ~ BUDGET DEFINITION Report == Data File : "HY-96.BUD" Date of Printing : 0/18/96 Date Stage Type Product Name Number 1height Cash Landlord Break of of of per Non- Share Even Production Prod. Units 1Head Cash Prod. ssssssss ssssssssssssssss ===== =---_=========== ========= ============= ====:========= SSS.======= sssss 05/0/96 HRVEST h.'.i COSTL N Y 07/15/96 HRVEST HY COSTL N Y 08/01/96 HRVEST GZING N N 10/20/96 HRVEST HY COSTL N Y Date Stage Type I nput Name Number Cash Fixed Landlord of of of Non- o r S h a r e Production Input Units Cash Vari. 04/01/96 PREHRVEST E ;-.::-. o.zn FERT 6000 C V 04/01/96 PREHRVEST E '...-,,re FERT 2000 C V 04/01/96 PREHRVEST E t'.;. _.. i FERT 4000 C V 04/01/96 PREHRVEST G FE.-il.LlZER PPL. 100 C V 04/15/96 PREHRVEST E 2, -MINE.7500 C V 04/15/96 PREHRVEST G HL-GROUND 100 C V 05/0/96 HRVEST G..-. BLING HY C V 05/0/96 HRVEST G C.., HULING HY C V 06/01/96 PREHRVEST E N FERT 6000 C V 06/01/96 PREHRVEST G F'...iLIZER PPL. 100 C V 07/15/96 HRVEST G CS..-l BLING HY 200 C V 07/15/96 HRVEST G CJ-::-L>i HULING HY 200 C V 09/01/96 PREHRVEST E III'".'.Hi-; FERT 6000 C V 09/01/96 PREHRVEST G f:-\::l:2er appl. 100 C V 10/20/96 HRVEST C C- ;... BLING HY C V 10/20/96 HRVEST G ULING HY C V 10/0/96 HRVEST K.. BERMUD HY 100 N F

14 Date of Printing : 0/06/96 Coastal Bermi.dacrass Hay '(4 Cuttings) Coasto'. j (District 11) GROSS INCOME Description SBSSSSSSSSSSSSSSS HY COSTL GROSS Income Quantity Unit $ / Unit 70 Roll VRIBLE COST Description Quantity Unit $ / Unit SSSSS88SSSSSSS8SSSSSSSS=S===== ====SS = SSSSSSSSSSB SSSSSSSSSSS PREHRVEST NITROGEN 600 lb PHOSPHTE 200 lb POTSH 400 lb FERTILIZER PPL. 10 acre HERBICIDE HY 1.0 pt HERB PPL-GROUND 10 C PREHRVEST 5.1 HRVEST CUSTOM BLING Roll CUSTOM HULING Roll 20 5 HRVEST PREHRVEST NITROGEN 600 lb FERTILIZER PPL. 10 acre PREHRVEST 16.4 HRVEST CUSTOM BLING 20 Roll CUSTOM HULING 20 Roll 20 4 HRVEST 7 PREHRVEST NITROGEN 600 lb FERTILIZER PPL. 10 acre PREHRVEST 16.4 HRVEST CUSTOM BLING 10 Roll CUSTOM HULING 10 Roll 20 2 CUSTOM BLING Roll CUSTOM HULING Roll 20 HRVEST Interest - OC Borrowed VRIr.Lt COST Break-Even Price, Variab! GROSS INCOME minus VRIBLE COST FIXED COST Description Land FIXED Cost Break-Even Price, Cost * of LL c *t NET PROJECT,,,.ETURNS Dol " t $ per Roll of HY Unit cre 2.09 per Roll of HY

15 Date of Printing : 0/06/96 BUDGET DEFINITION Report == Data File : "HY4-96.BUD" Date Stage Type Product Name Nuttier! Weight Cash Landlord Break of of of per Non- Share Even Production Prod. Units IHead Cash Prod. SSSSSSSS ========= = = = = = = " T =======8========= ============= ssss:sss SSSSS s S SSSSS 05/15/96 HRVEST h.. COSTL N Y 06/15/96 HRVEST ;. y COSTL N Y 09/01/96 HRVEST r. -. y COSTL N Y 10/20/96 HRVEST \ :.. ( COSTL N Y Date Stage Type I nput Name Number Cash Fixed Landlord of of of Non- o r S h a r e Production Input Units Cash Vari. ===== :::: --=======sss = sssssssssssss ssss:b S I:====== 04/01/96 Pk- E.-.- -: -_< FERT 6000 C V 04/01/96 P>. E. '... fe FERT 2000 c V 04/01/96 Pk, r E y... FERT 4000 c V 04/01/96 PR\ T G ;... i : IZER PPL. 100 c V 04/15/96 PR r E :.: HY 1 c V 04/15/96 P,T G...rl -GROUND 100 c V 05/15/96 G. LING HY c V 05/15/96 T G. HULING HY c V 05/20/96 EST E. _N FERT 6000 c V 0 5 / 2 0 / 9 6 r E S T G IZER PPL. 100 c V 0 6 / 1 5 / 9 6 H > r G C. :.'. BLING HY 200 c V 06/15/96 H T G C ; HULING HY 200 c V 08/01/96 PKr. fst E FERT 6000 c V 08/01/96 PP T g r. ;._JR PPL. 100 c V 09/01/96 h G Z LING HY 100 c V 09/01/9* G..ULING HY 100 c V 10/20/9 1} -/iling HY V * 10/20/9,,.ULING HY c V 10/0/9c;.< _. -ERMUD HY 100 N F

16 GROSS INCOME Description ============================ HY COSTL GROSS Income Coastal Bermudagrass Hay (5 Cuttings) Coastal Bend (District 11) Quantity Unit $ / Unit Roll 000 SSSSSSSS VRIBLE COST Description Quantity Unit $ / Unit PREHRVEST NITROGEN PHOSPHTE POTSH FERTILIZER PPL. HERBICIDE HY HERB PPL-GROUND PREHRVEST HRVEST CUSTOM BLING CUSTOM HULING 600 lb. 200 lb. 400 lb. 10 acre 1.0 pt. 10 C Roll Roll i SSSSSSSS HRVEST PREHRVEST NITROGEN FERTILIZER PPL. 600 lb. 10 acre PREHRVEST HRVEST CUSTOM BLING CUSTOM HUL!.. CUSTOM BLI... CUSTOM HUL! 20 Roll 20 Roll Roll Roll HRVEST PREHRVEST NITROGEN FERTILIZER PPL. 600 lb. 10 acre PREHRVEST HRVEST CUSTOM BLING CUSTOM HULING CUSTOM BLING CUSTOM HULING 10 Roll 10 Roll Roll Roll HRVEST Interest OC Borrowed Dol VRIBLE COST Break-Even Price, Variable Cost $ per Roll of HY GROSS INCOME minus VRIBLE COST FIXED COST Description Unit Land FIXED Cost cre Break-Even Price, Cost $ per Roll of HY of LL Cost NET PROJECTED RETURNS

17 == BUDGET DEFINITION Report == Data File : "HYS-96.BUD" Date of Printing : 0/05/96 Date Stage Type of of Production Prod. Product Name Number of Units Weight Cash Landlord Break p e r N o n - S h a r e E v e n Head Cash Prod. 05/15/96 HRVEST HY 06/15/96 HRVEST HY 07/15/96 HRVEST HY 09/15/96 HRVEST HY 10/15/96 HRVEST HY COSTL COSTL COSTL COSTL COSTL Date Stage of Production 04/01/96 PREHRVEST 04/01/96 PREHRVEST 04/01/96 PREHRVEST 04/01/96 PREHRVEST 04/15/96 PREHRVEST 04/15/96 PREHRVEST 05/15/96 HRVEST 05/15/96 HRVEST 05/20/96 PREHRVEST 05/20/96 PREHRVEST 06/15/96 HRVEST 06/15/96 HRVEST 07/15/96 HRVEST 07/15/96 HRVEST 07/20/96 PREHRVEST 07/20/96 PREHRVCST 09/15/96 HRVES. 09/15/96 HRVEST 10/15/96 HRVEST 10/15/96 HRVEST 10/0/96 HRVEST Type of Input Input Name E NITROGEN E PHOSPHTE E POTSH G FERTILIZER PPL. E HERBICIDE HY G HERB PPL-GROUND G CUSTOM BLING G CUSTOM HULING E NITROGEN G FERTILIZER PPL. G CUSTOM BLING G CUSTOM HULING G CUSTOM BLING G CUSTOM HULING E NITROGEN G FERTILIZER PPL. G CUSTOM BLING G CUSTOM HULING G CUSTOM BLING G CUSTOM HULING K COSTL BERMUD FERT FERT FERT HY HY FERT HY HY HY HY FERT HY HY HY HY HY Nunber Cash Fixed Landlord o f N o n - o r S h a r e U n i t s C a s h Va r i