Tractors, Implements, and Equipment

Transcription

1 Crop Products Report Crop Product Name CORN-COASTAL UP. CORN-GULF COAST COTTON LINT COTTON RICE 1ST CROP LOAN RICE ND CROP LOAN RICE PREMIUM SORGHUM SOYBEANS Price Unit Weight Cash per of per Flow Unit Mes. Unit Row 1 = = = = = = = = ==== ========= ===== 30 bu bu lb ton ton ton ton cwt bu Tractors, Implements, and Equipment Description Tractor Tractor Tractor Tractor Tractor Tractor First Name Qualifying Name H o r s e p o w e r R a t i n g ( H p ) U s e f u l L i f e ( H r o r M i ) Fuel Type Remaining Life (Hr or Mi) Fuel Con. (Unit/Hr or /Mi) A n n u a l U s e ( H r o r M i ) Speed (Mi/h) Width (Ft) F i e l d E f fi c i e n c y { % ) C a p a c i t y ( A c / H r ) P o w e r U n i t M u l t i p l i e r L a b o r M u l t i p l i e r Current List Price ($) Salvage Value (%) Current Market Value ($) Lease Payment ($) A n n u a l L i c e n s e & Ta x { $ ) Annual Insurance ($) On Farm Hired Labor (Hr) Off Farm Parts & Labor ($} On Farm Owner Labor (Hr) Annual Use Base (Hr or Mi) Repair Coefficient # 1 Depreciation Factor #1 Years Owned Repair Coefficient # Depreciation Factor # C a p a c i t y ( D e f., C a l c. ) Fuel Use (Def.,Calc.) R fi M C a l c. ( # 1, # ) Lease Calc. (Hour,Year) 100 HP 15 HP 150 HP 180 HP 5 HP 40 HP Dl Dl Dl Dl Dl Dl , C C C C C 350, C Information presented is prepared solely as a generd guide and is not intended lo recognize or predict to costs and ntums from any one particular farm or ranch operation. These projections wen collected and developed by staff members of to Texas Agricultural Extension Service and approved for publication

2 Description First Name Qualifying Name H o r s e p o w e r R a t i n g ( H p ) U s e f u l L i f e ( H r o r M i ) Fuel Type Remaining Life (Hr or Mi) Fuel Con. (Unit/Hr or /Mi) A n n u a l U s e ( H r o r M i ) Speed (Mi/h) Width (Ft) F i e l d E f fi c i e n c y ( % ) C a p a c i t y ( A c / H r ) P o w e r U n i t M u l t i p l i e r L a b o r M u l t i p l i e r Current List Price ($) Salvage Value (%) Current Market Value ($) Lease Payment ($) A n n u a l L i c e n s e & Ta x ( $ ) Annual Insurance ($) On Farm Hired Labor (Hr) Off Farm Parts & Labor ($) On Farm Owner Labor (Hr) Annual Use Base (Hr or Mi) Repair Coefficient # 1 Depreciation Factor #1 Years Owned Repair Coefficient # Depreciation Factor # C a p a c i t y ( D e f., C a l c. ) Fuel Use (Def.,Calc.) R & M C a l c. ( t t l, # ) Lease Calc. (Hour,Year) Description First Name Qualifying Name H o r s e p o w e r R a t i n g ( H p ) U s e f u l L i f e ( H r o r M i ) Fuel Type Remaining Life (Hr or Mi) Fuel Con. (Unit/Hr or /Mi) A n n u a l U s e ( H r o r M i ) Speed (Mi/h) Width (Ft) F i e l d E f fi c i e n c y ( % ) C a p a c i t y ( A c / H r ) P o w e r U n i t M u l t i p l i e r L a b o r M u l t i p l i e r Current List Price ($) Tractor 75 HP 75 1 Dl C Implement Implement Implement Implement Implement Implement [ BBSS BBS CSS-t B 8B B B aaaaaaaaaaaaaaaa aaa,=,aaaaaaaaaaaa aaaaaaaaaaaaaaaa aaaaaaaaaaaaaaaa aaaaaaaaaelaaaaaa BLADE BROADCAST ER 13.5 FT 18 FT 0 FT 5 FT DOZER Information presented is pnpared solely as a generd guide and is not intended lo ncognize orpndicl to costs and ntums from any one particulafarm or ranch operation These projections wen collectedanddeveloped by staffmembers ofto Texas Agricultural Extension Service and approved for publication.

3 Operating Inputs Operating Input Price Unit Cash p e r o f F l o w Unit Measure Row,4D AMINE.77 lb. 45 0% PROTEIN cwt. 47 ATRAZINE HERB 3.00 lb. 45 BWE PROGRAM ACRE 55 CAPAROL 7.93 QT 45 DEFOLIANTS PICKER 51.5 Lb. 45 DEFOLIANTS STRIPPER 51.5 Lb. 45 DESICCANT STRIPPER 6.67 qt. 45 FERROUS SULFATE.14 lb. 45 FERTILIZER TON 44 FERTILIZER TON 44 FERTILIZER TON 44 FERTILIZER TON 44 FERTILIZER TON 44 FERTILIZER TON 44 FOLIAR IRON.90 gal 45 FUSILADE 6.9 PT 45 GRAMOXONE 4.88 PT 45 HAY roll 47 HERBICIDE HAY 3.01 pt. 45 HERBICIDE PRE-EM INCORP LBS. 45 INOCULANT SOYBEAN.486 OZ. 43 INSECTICIDE ALFALFA 6.00 appl 45 INSECTICIDE RICE 1.40 appl 45 INSECTICIDE-BOLL WEEVILS PT 45 INSECTICIDE-BOLL WORMS.00 OZ 45 INSECTICIDE-FLEA HOPPERS.73 OZ 45 LANNATE 5.89 PT 45 MARKETING 9.75 head 55 MICRONUTRIENT 5.00 gal 44 MISCELLANEOUS ALFALFA 1.00 acre 55 NITROGEN FERT.8 lb. 44 PASTURE IMPROV..6 acre 55 PHOSPHATE FERT.5 lb. 44 PHOSPHORUS FERT.5 lb. 44 PIX 1.50 pint 45 lb. 44 lb. 44 oz. 45 lb. 47 cwt. 55 SALT & MINERALS lb. 47 BUFFELGR 3.5 lb thou 43 lb. 43 lb 43 lb. 43 bu. 43 lb cwt lb lb SET ASIDE UPLAND ACRE 55 SOIL INSECTICIDE FURADAN gal 45 TREFLAN HERB 6.14 qt. 45 VET. MEDICINE 6.00 head 48 ZINC MICRONUT 1.50 lb. 45 ZINC CHELATE 1.13 pint 45 ZINC SULFATE.63 lb. 45 POTASH POTASSIUM, ALFALFA FERT FERT CORN COTTON HAYGRAZE PEANUT RICE SORGHUM WHEAT DRYLAND lb. lb. PYRETHROID -FORAGE SORG INSC KLEIN SOYBEANS lb. RANGE CUBES SET ASIDE OATS COAST ACRE SALES COMMISSION RICE Information presented is pnpand solely as a generd guide and is not intended to recognize orpndict to costs and returns from any om particular farm a- ranch operation These projections wen collected and developed by staff members of to Texas Agriculturd Extension Service and approved for publication

4 Auto and Truck Resources Description First Name Qualifying Name H o r s e p o w e r R a t i n g ( H p ) U s e f u l L i f e ( H r o r M i ) Fuel Type Remaining Life (Hr or Mi) Fuel Con. (Unit/Hr or /Mi) A n n u a l U s e ( H r o r M i ) Speed (Mi/h) Width (Ft) F i e l d E f fi c i e n c y ( % ) C a p a c i t y ( A c / H r ) P o w e r U n i t M u l t i p l i e r L a b o r M u l t i p l i e r Current List Price {$) Salvage Value (%) Current Market Value ($) Lease Payment ($) A n n u a l L i c e n s e & Ta x ( $ ) Annual Insurance ($) On Farm Hired Labor (Hr) Off Farm Parts & Labor ($) On Farm Owner Labor (Hr) Annual Use Base (Hr or Mi) R e p a i r C o e f fi c i e n t t t l Depreciation Factor #1 Years Owned Repair Coefficient 8 Depreciation Factor # C a p a c i t y ( D e f., C a l c. ) Fuel Use (Def.,Calc.) R & M C a l c. ( t t l, # ) Lease Calc. (Hour,Year) Auto or Truck PICKUP TRUCK 3/4 TON 84 GA Information presented is pnpand solely as a general guide md is not intended to ncognize orpndict to costs and ntums from any om particular farm or ranch operation These projections wen collected and developed by staff members of to Texas Agriculturd Extension Service and approved for publication.

5 Custom Operation Resources Custom Operation Price Unit Cash per of Flow ============ ===== Unit I-.:,n=== Measure ====== Row === BRUSH CLEARING 165 acre 4 COMBINING GRASS.75 acre 4 CUST AIR FERT. RICE 3.00 cwt. 4 CUST AIR HERB. RICE 3.85 cwt. 4 CUST AIR INSECT. RICE.50 cwt. 4 CUST AIR RICE 3.40 cwt. 4 CUSTOM BALING HAY Roll 4 CUSTOM HARVEST SOYBEANS 0.00 acre 4 CUSTOM HARVEST WHEAT acre 4 CUSTOM HAUL HAY.40 bale 4 CUSTOM HAUL PEANUTS.40 cwt. 4 CUSTOM HAUL SORGHUM.5 cwt. 4 CUSTOM HAUL SOYBEANS.06 bu. 4 CUSTOM HAUL WATMELON 3.5 cwt. 4 CUSTOM HAULING HAY.00 Roll 4 CUSTOM HAULING RICE.30 cwt. 4 CUSTOM HAULING WHEAT.5 bu. 4 CUSTOM PLANTING 5.08 acre 4 CUSTOM SPRIGGING 50. acre DEFOLIANT APPL acre 4 4 DESICCANT APPL acre 4 DESSICANT APPL acre DRYING DRYING CORN PEANUTS cwt. ton DRYING RICE.80 cwt. DRYING SORGHUM.075 cwt. 4 4 FERTILIZER APPL..75 acre 4 FUNGICIDE APPL..75 acre 4 GINNING 1.90 cwt. 4 GINNING PICKER.1080 LB. 4 GINNING STRIPPER.10 LB. 4 HAND HARVEST 6 acre 4 HARVEST & HAUL CORN HARVEST AND HAUL SORGHUM cwt. CWT 4 4 HAULING COTTON.0 cwt HAULING & MKTNG. 15 head 4 4 HERB APPL-GROUND.5 AC 4 HERBICIDE APPL acre 4 INSECTICIDE APPL.50 appl 4 MOW, RAKE, BALE.69 bale 4 PESTICIDE APPL acre 4 PICK & MODULE COTTON 3.0 cwt. 4 SCOUTING 5.00 acre 4 STRIP & MODULE COTTON.56 cwt. 4 Labor Resources Description O t h e r L a b o r O t h e r L a b o r Other Labor Other Labor First Name Qualifying Name C o s t o r v a l u e ( $ / H r ) To t a l W a g e B e n e fi t s ( % ) L a b o r T y p e ( A, B ) HIRED LABOR LIVESTOCK LABOR A A OPERATOR LABOR 5.75 B OPERATOR LABOR PICKUP 5.75 B Land Resources Description aaaaaaaaaaaaaaammmmtaaaaaaa First Name Qualifying Name Market Value () Property Tax ($/Ac) Appreciation Rate (%) Interest Rate (%) Annual Lease ($/Ac) App. Calcuations (Y,N) Land Land Land Land Land Land CASH-RENT COASTAL BERMUDA KLEINGR. HAY N 'LAND LAND -- CASH RENT LAND - CASH-RENT WHEATD N LAND CHARGE FORAGE N N 15 N Information presented is preparedsolely as a generd guide and Is not Intended to recognize orpndict to costs cad ntums from any one particular farm or ranch operation These projections wen collected and developed by staff members of to Texas Agriculturd Extension Service and approved for publication

6 Description Land Land Land aaaaaaaaaaaaaaaaamt SB-I-I- aaaaaaaaaaaaaaaa aaaaaaaaaaaaaaaa aaaaaaaaaaaaaaaa First Name LAND CHARGE PASTURE PASTURE Qualifying Name RICE COASTAL OWNED Market Value ($/Ac) 400 Property Tax ($/Ac) 1.75 Appreciation Rate (%) Interest Rate (%) 3 Annual Lease ($/Ac) App. Calcuations (Y,N) N N N Irrigation Resources Description Bowls Dist. Sys. Dist. Sys. Mainline P o w e r P l a n t C o l., P i p e, S h a f t First Name Qualifying Name Horsepower Rating (Hp) Fuel Type Fuel Con. (Unit/Hr or /Mi) Usefull Life (Hr) Remaining Life (Hr) E f fi c i e n c y ( % ) H i r e d L a b o r p e r S e t ( H r ) Owner Labor per Set (Hr) Number of Sets Current List Price Salvage Percent Current Market Value Lease Payment On Farm Hired Labor Off Farm Parts & Labor <$) (%) ($) ($) (Hr) ($) On Farm Owner Labor (Hr) Annual Use Base (Hr) R & M Eng. Estimate (%) R fi M C a l c. ( t t l, t t ) Lease Calc. (Hour,Year) F u e l U s e ( D e f., C a l c. ) BOWLS FURROW SURFACE MAINLINE N A T U R A L G A S C O L U M N 55 NG Description First Name Qualifying Name H o r s e p o w e r R a t i n g ( H p ) Fuel Type Fuel Con. (Unit/Hr or /Mi) Usefull Life (Hr) Remaining Life (Hr) E f fi c i e n c y ( % ) H i r e d L a b o r p e r S e t ( H r ) Owner Labor per Set (Hr) Number of Sets Current List Price ($) Salvage Percent (%) Current Market Value ($) Lease Payment ($) On Farm Hired Labor (Hr) Off Farm Parts & Labor {$) On Farm Owner Labor (Hr) Annual Use Base (Hr) R fi M Eng. Estimate (%) R 6 M C a l c. ( # 1, # ) Lease Calc. (Hour,Year) F u e l U s e ( D e f., C a l c. ) Discharge Head DISCHARGE G e a r D r i v e W a t e r S o u r c e R I G H T A N G L E W E L L Information presentedis preparedsolely asa generdguide and is not tmendedtarecogniu a preset to costs and ntums from airy om particular These projections wen collectedanddevelopedby staffmembers ofthe Texas Agriculturd Extension Service and approved for publication

7 Machinery Cost Report Resource Name Unit Lube - - Va r i a b l e E x p e n s e s - ~ O p e r. 6 O p e r. C u s t o m R e p a i r M a n a g e. I n p u t O p e r. & M a i n t. L a b o r O f f F a r m» - - " a a a a a F i x e d E X p e n S 6 3 m a a m m T O t d l R e p a i r H o u r l y D e p r e c. A n n u a l T a x e s, E x p e n s e s & M a i n t. L e a s e t L e a s e L i c e n s e L a b o r I n t e r e s t 6 I n s u r. COMBINE BLADE BROADCAST ER CHISEL CHISEL COMBINE CULTIPACKER -36 DIGGER DRILL DRILL TANDEM TANDEM TANDEM FERT. SPREADER FERT. SPREADER FIELD FIELD GRAIN CART HARROWS HERB. APPLICATOR HERB. APPLICATOR LAND PLANE MOLDBOARD PLOW MOLDBOARD PLOW PICKER WHEELS PLANTER PLANTER PLANTER PLANTER PLANTER PLOW ROLLER ROLLER ROPE WICK SHREDDER SPRAYER SPRAYER SPRAYER SPRAYER SWEEP MULCHER CATTLE EQUIPMENT LEVEE BOX T-A SCALE SQUEEZE CHUTE STOCK SPRAYER STOCK TRAILER SUPPL. FEEDER TACK VET. EQUIPMENT PICKUP TRUCK 100 HP 15 HP ISO HP 180 HP 5 HP 40 HP 75 HP RICE 13.5 FT 18 FT 0 FT 5 FT DOZER 1 FT 0 FT PEANUT 1 ROW 13.3 FT 0 FT 5 FT ROLLING FIELD PEANUT 4 ROW 8 ROW OFFSET TANDEM ROW FT 10 FT 11 FT 0 FT 8 ROW 9 FT 0 FT 5 FT 6 FT 13.5 FT 18 FT 0 FT 8 ROW PEANUT LEVEE 0 FT 4 ROW 13 FT 13.5 FT 0 FT 5 FT HERB. $/Hr $/Hr 5/Hr 5/Hr S/Mi , , S FERT. SPREADER APPLY FERT 15 HP 0 FT FERT. SPREADER APPLY FERT 180 HP 8 R O W $ / A c 5 FT 8 R O W S / A C SPRAYER APPLY HERBICIDE ISO HP 5 FT SPRAYER APPLY IRON 150 HP 5 FT,63,, BEDDING 7 S H P S / A c 13.5 FT 13.5 FT,079,, ,, BEDDING BEDDING 150 HP 5 FT 150 BROW $/Ac 75 HP 18 FT 18 FT 091,, , Information presented is pnpand solely as a generdguide md is not intended to ncogmze orpndict to outs and ntarmfiom any om particularfann or rcmcji operation These projections wen collected and developed by staff members of the Texas Agriculturd Extension Service and approved for publication

8 BEDDING 180 HP 5 FT 180 8ROW BEDDING 15 HP 0 FT CHISEL CHISEL 15 HP 0 FT S CHISEL CHISEL 75 HP 1 FT 1 FT CHISEL CHISEL 180 HP 0 FT 1B0HP COMBINE COMBINE 75 HP PEANUT PEANUTS COMBINE COMBINING RICE RICE CULTIPACKER CULTIPACK 15 HP S CULTIVATE 40 HP 1 ROW 1 ROW CULTIVATE 150 HP 5 FT 150 8R CULTIVATE 180 HP 5 FT 180 8R 5/Ac CULTIVATE 75 HP 13.3 FT 4 ROW CULTIVATE 15 HP 0 FT CULTIVATE 75 HP ROLLING ROLLING CULTIVATING HP FIELD FIELD S DIGGER DIG 75 HP PEANUT PEANUTS HP 4 ROW 4 ROW TANDEM ING 40 HP ROW ROW TANDEM ING 150 HP 0FT ING 15 HP ING 15 HP OFFSET OFFSET ING 75 HP TANDEM TANDEM TANDEM ING - TANDEM 15 HP DRILL DRILL 40 HP 10 FT HP FIELD 9 FT FIELD 9 FT FIELD FIELD 15 HP HARROWS HARROWING 40 HP GRAIN CART 75 HP Information presented is pnpand solely as a generd guide and is not intended to ncognize orpndict to costs and returns from any om particular farm or ranch operation These projections wen collected and developed by staff members of to Texas Agriculturd Extension Service and approved for publication

9 15 HP HERB. APPLICATOR 0 FT HERBICIDE APPL HP TANDEM SPRAYER 0 FT HERBICIDE APPL. DISC HP PICKER WHEELS PICKER WHEELS PICKUP TRUCK 3/4 TON S/Mi PICKUP TRUCK 3/4 TON S/mi HP LAND PLANE PLANING LAND HP PLANTER 18 FT PLANTING 1 ROW HP PLANTER 13.5 FT PLANTING 4 ROW HP PLANTER 0 FT PLANTING HP SPRAYER 5 FT PLANTER 8 ROW PLANTING 8R CORN HP PLANTER 8 ROW SPRAYER 5 FT PLANTING 8R COTN HP PLANTER 8 ROW PLANTING 8R SORG HP PLANTER PEANUT PLANTING PEANUTS HP MOLDBOARD PLOW PLOWING HP MOLDBOARD PLOW 6 FT PLOWING 6 FT HP 5/Ac PLOW LEVEE PLOWING LEVEES HP BLADE DOZER REBUILDING LEVEE HP ROLLER 0 FT ROLLING HP ROLLER 4 ROW ROLLING 4 ROW HP ROPE WICK ROPE WICK HP BROADCAST ER ING BROADCST HP SHREDDER 13 FT SHRED STALKS HP SHREDDER 13 FT SHRED STALKS 150 HP HP SPRAYER 13.5 FT SPRAYING 4 ROW HP SPRAYER 0 FT SPRAYING HP SWEEP MULCHER SWEEP/MULCH Information presented is pnpand solely as a generd guide and is not intended to ncognize orpndict to costs and returns from any om particular farm or ranch operation These projections wen collected and developed by staff members of to Texas Agricultural Extension Service and approved far publication

10 Budget Parameters Report Parameter Name Value Unit of Measure Description DIESEL DIESEL BTU ELECTRICITY ELECTRICITY BTU GASOLINE GASOLINE BTU HIRED LABOR HIRED LABOR IRR INR IRITB IRITE IROCB IROCE IRPCF ITI LP GAS LP GAS BTU LUBE MULTI NATURAL GAS NATURAL GAS BTU OWNER LABOR OWNER LABOR IRR PTR GAL. Cost of Diesel Fuel B T U E n e r g y o f D i e s e l F u e l KWH Cost of Electricity B T U E l e c t r i c i t y e n e r g y 1.1 GAL. Cost of Gasoline B T U E n e r g y o f G a s o l i n e HOUR Hired Repair and Maintence Labor Rate HOUR Hired Irrigation Operation Labor 10 % Insurance Rate, % of Market value % I n t e r e s t R a t e, I n t e r m e d i a t e Te r m B o r r o w % I n t e r e s t R a t e, I n t e r m e d i a t e Te r m E q u i t y 10.5 % Interest Rate, Operating Capital Borrow. 5.5 % Interest Rate, Operating Capital Equity 30 % Interest Rate, Positive Cash Flow 10 % Interest Rate, Investment Capital 10 GAL. Cost of LP Gas B T U. E n e r g y o f L P G a s N O N E L u b e M u l t i p l i e r MCF Cost of Natural Gas B T U E n e r g y o f N a t. G a s p e r f t 3 o r T h e r % O w n e r R e p a i r a n d M a i n t e n a n c e L a b o r R a t e % O w n e r I r r i g a t i o n O p e r a t i o n L a b o r % P e r s o n a l P r o p e r t y Ta x R a t e Information pnsented is pnpand solely as a general guide and is not intended to ncognize or predict to costs and ntums from any om particular farm or ranch operation These projections wen collected and developed by staff members of to Texas Agricultural Extension Service and approved for publication

11 Educatiol programs conducted by the Texas Agricultural Extension Service serve people of all ages regardless of socio-economic level, race, color, sex or tiol origin. Cooperative Extension Work in Agriculture and Home Economics, The Texas A&M University System and the United States Department of Agriculture cooperating. Distributed in furtherance of the acts of Congress of May 8, 1914, as amended, and June 30, , New ECO 7-

12 o Texas Agricultural Extension Service The Texas A&M University System B-141(C11) Texas Crop Enterprise Budgets Texas Coastal Bend District / n / Va s h - \ _ ington / Fayette VAustin 1 Colorado y*0 Lavaca ^f Wharton \ y/^/^dewitt Karnes \/Ss^\ Victoria JacksonyMatagorda ^*^\ Go,iad Sal*^^ ^jfr \ B e e 7 ^ e ^ X ^ l a s N < f S a n N j S Patricio 1 Nueces 1 Projected for 1996 Dr. Lawrence L. Falconer, District 11 Extension Economist-Magement The Texas Agricultural Extension Service Zerle L. Carpenter, Director The Texas A&M University System College Station, Texas

13 INTRODUCTION This document contains the prelimiry enterprise budgets for the 1996 crop year. The enterprise shown those for corn, cotton, grain sorghum and soybeans. The cow-calf enterprise budget is also included. The budgets in this handout are based on prelimiry information regarding output prices and government, policy announcements for the 1996 crop year. These district average budgets have been updated to reflect input prices expected to be seen for the 1996 crop year. Also, the initial assessment for the boll weevil eradication program has been included in the cotton budgets. As written, these budgets contain no set-aside provisions and no deficiency payments, in line with current market conditions. However, adoption by Congress of the "Freedom to Farm" legislation would change the outlook regarding the receipt of moneys based on historical deficiency payments. The fil projected budgets for District 11 will be generated in early 1996, upon completion of the Farm Bill. Note to users : Fertilizer levels shown in the budgets are in units per acre. For example, refers to 75 units of N and 15 units of P per acre. Prices for fertilizer in this case are shown on a per ton basis of a formulation.

14 Date of Printing : 10/6/95 == ECONOMIC COSTS and RETURNS == Owner Budget by Stage Corn, Coastal Upland 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 CORN-COASTAL UP. 75 bu T o t a l G R O S S I n c o m e VA R I A B L E C O S T 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 PREHARVEST FERTILIZER TON A T R A Z I N E l b % thou S O I L I N S E C T I C I D E g a l FOLIAR IRON 1 gal FOLIAR IRON 1 gal F u e l & L u b e - M a c h i n e r y A c r e R e p a i r s L a b o r - - M a c h i n e r y A c r e M a c h i n e r y H o u r Total PREHARVEST Interest - OC Borrowed Dol Interest - Positive Cash Dol HARVEST HARVEST & HAUL 4 cwt Total HARVEST 9.40 =========== Total VARIABLE COST 1.39 GROSS INCOME minus VARIABLE COST FIXED COST Description Unit Total ================================= ssss Machinery and Equipment Acre 4.16 Land Acre Total FIXED Cost Total of ALL Cost N E T P R O J E C T E D R E T U R N S

15 == BUDGET DEFINITION Report == Data File : "CORNCU96.BUD" Date of Printing : 10/6/95 Date Stage Type Product Name Number Iheight Cash Landlord Bre of of of per Non- Share Evei Production Prod. Units IHead Cash Pro ======== ================ =====: ======================== ============= sssss========= sssss ======== ===: 07/19/96 HARVEST A CORN-COASTAL UP C N 07/19/96 HARVEST A DEFICIENCY PMT. CORN 70 0 C N Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- o r!share Production Input Units Cash Vari. ======== ================ sssss ================SSBSSSSSS sssssssssssss ssss;s sssss =:======= 07/6/95 PREHARVEST M ING 0FT /01/95 PREHARVEST M BEDDING 180 8R0U /01/95 PREHARVEST M BEDDING 180 8R0W /15/95 PREHARVEST E FERTILIZER c V /15/95 PREHARVEST M APPLY FERT 8 ROW /15/95 PREHARVEST M BEDDING 180 8R0U /15/95 PREHARVEST E ATRAZINE HERB /15/95 PREHARVEST M APPLY HERBICIDE /16/96 PREHARVEST M PICKUP TRUCK 3/4 TON /5/96 PREHARVEST E CORN 0 c V.00 0/5/96 PREHARVEST M PLANTING 8R CORN /5/96 PREHARVEST E SOIL INSECTICIDE FURADAN.150 c V.00 03/14/96 PREHARVEST E FOLIAR IRON /14/96 PREHARVEST H APPLY IRON /19/96 PREHARVEST M CULTIVATE 180 8R /09/96 PREHARVEST E FOLIAR IRON /09/96 PREHARVEST M APPLY IRON /14/96 PREHARVEST M CULTIVATE 180 8R /19/96 K CROPLAND 10 F.00 07/4/96 HARVEST G HARVEST & HAUL CORN 40 c V 33.00

16 Date of Printing : 10/6/95 == ECONOMIC COSTS and RETURNS == Owner Budget by Stage Corn, Gulf Coast Texas Coastal Bend District (11) GROSS INCOME Description CORN-GULF COAST Total GROSS Income VARIABLE COST Description PREHARVEST FERTILIZER ATRAZINE ' SOIL INSECTICIDE FOLIAR IRON FOLIAR IRON Fuel & Lube - Machinery Repairs - Machinery L a b o r M a c h i n e r y Total PREHARVEST Interest OC Borrowed Interest Positive Cash HARVEST HARVEST & HAUL Total HARVEST Total VARIABLE COST Quantity 75 luantity -SSSS33BSS Unit bu. $ / Unit 30 Total Unit $ / Unit Total TON lb. thou gal gal gal Acre Acre Hour Dol. Dol cwt GROSS INCOME minus VARIABLE COST FIXED COST Description Machinery and Equipment Land Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS Unit Acre Acre 10.5 Total

17 BUDGET DEFINITION Report Data File : "C0RNGC96.BUD" Date of Printing : 10/6/95 Date Stage Type Product Name Number IHeight Cash Landlord Break of of of per Non- Share Even Production Prod. Units IHead Cash Prod. 07/19/96 HARVEST A CORN-GULF COAST C N 07/19/96 HARVEST A DEFICIENCY PMT. CORN 70 0 C N Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- o r!share Production Input Units Cash Vari. s sssss s:~ 07/6/95 PREHARVEST M ING 0FT /01/95 PREHARVEST M BEDDING 180 8R0U /01/95 PREHARVEST M BEDDING 180 8R0W /15/95 PREHARVEST E FERTILIZER C V /15/95 PREHARVEST M APPLY FERT 8 ROW /15/95 PREHARVEST M BEDDING 180 8R0W /15/95 PREHARVEST E ATRAZINE HERB /15/95 PREHARVEST M APPLY HERBICIDE /16/96 PREHARVEST M PICKUP TRUCK 3/4 TON /5/96 PREHARVEST E CORN 0 C V.00 0/5/96 PREHARVEST M PLANTING 8RCORN /5/96 PREHARVEST E SOIL INSECTICIDE FURADAN.150 C V.00 03/14/96 PREHARVEST E FOLIAR IRON /14/96 PREHARVEST M APPLY IRON /19/96 PREHARVEST M CULTIVATE 180 8R /09/96 PREHARVEST E FOLIAR IRON /09/96 PREHARVEST M APPLY IRON /14/96 PREHARVEST M CULTIVATE 180 8R /19/96 K CROPLAND 10 F.00 07/4/96 HARVEST G HARVEST & HAUL CORN 40 C V 33.00