Texas Coastal Bend District

Transcription

1 I Texas Agricultural Extension Service W The Texas A&M University System B-1241(C11) Texas Crop Enterprise Budgets Texas Coastal Bend District Wash ington Fayette Austin Colorado Lavaca Wharton Karnes DeWitt Jackson Y Matagorda San Patricio mm ii;v.;v Nueces Projected for 1997 Dr. Lawrence L. Falconer, District 11 Extension Economist-Management The Texas Agricultural Extension Service Zei le L. Carpenter, Director The Texas A&M University System College Station, Texas

2 INTRODUCTION This document contains the preliminary enterprise budgets for major row crops in the Coastal Bend for the 1997/98 crop year. The enterprise budgets included are those for corn, picker cotton, stripper cotton, grain sorghum and soybeans. ENTERPRISE BUDGET NOTES Feed grain prices used in these budgets represent a consensus forecast of local grain handlers for the 1997 harvest period. Cotton prices are based on adjusting the current October 1997 futures prices for average Coastal Bend basis levels. These budgets contain no set-asides or deficiency payments, in line with the FAIR Act of Because of the decoupling of market transition payments from planting requirements in the FAIR Act, market transition payments are also excluded from these budgets. These budgets are based primarily on the use of 8 row equipment, with tractor sizes ranging from 150 to 225 horsepower depending on the field operation. Diesel fuel prices are budgeted at $0.81 per gallon. Labor is budgeted at $5.75 per hour. Budgeted interest rates on operating capital are 10.5%. All harvest operations are based on custom rates. Ginning costs include charges for bagging, ties and classing fees. Boll weevil eradication assessments are included in the cotton budgets for the 1997/1998 crop year. These budgets assume that the producer will treat for boll weevils in addition to program treatments. In this case, the producer would possibly be eligible for up to $7.50 per acre under current program guidelines. This credit is not included in the budgets. Fertilizer prices were held constant at 1996 levels, based on forecasts of local suppliers. Prices for other inputs reflect the high end of ranges of consensus forecasts by local suppliers and custom operators.

3 Date of Printing : 09/23/96 == ECONOMIC COSTS and RETURNS == Owner Budget by Stage Corn, Coastal Upland Texas Coastal Bend District (11) GROSS INCOME Description CORN-COASTAL UP. GROSS Income VARIABLE COST Description Q u a n t i t y U n i t $ / U n i t 700 bu Q u a n t i t y U n i t $ / U n i t PHOSPHATE ATRAZINE SEED SOIL INSECTICIDE FOLIAR IRON FOLIAR IRON Fuel & Lube - Machinery R e p a i r s - M a c h i n e r y L a b o r - M a c h i n e r y 75.0 lb lb lb thou gal 1 0 gal 1 0 gal Hour Interest - OC Borrowed Interest - Positive Cash & HAUL Dol. Dol cwt VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description Unit Machinery and Equipment Land FIXED Cost of ALL Cost NET PROJECTED RETURNS 12.98

4 == BUDGET DEFINITION Report == Data File : "CORNCU97.BUD" Date of Printing : 09/23/96 Date Stage Type Product Name Number! Weight Cash 1 of of of per Non- Production Prod. Units Head Cash 07/19/97 A CORN-COASTAL UP C Share Even Prod. 33 Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- or Share Production Input Units Cash Vari. ======== ================ ===== ================:========= ============= ==== = ===== ======== 07/25/96 M DISKING 20FT /31/96 M BEDDING 180 8ROW /30/96 M BEDDING 180 8ROW /14/96 E FERT 7500 C V 33 11/14/96 M APPLY FERT 8 ROW /14/96 E PHOSPHATE FERT 3000 c V 33 12/14/96 M BEDDING 180 8ROW /14/96 E ATRAZINE HERB /14/96 M APPLY HERBICIDE /15/97 M PICKUP TRUCK 3/4 TON /24/97 E SEED CORN 2000 c V 02/24/97 M PLANTING 8R CORN /24/97 E SOIL INSECTICIDE FURADAN.1250 c V 03/14/97 E FOLIAR IRON /14/97 M APPLY IRON /19/97 M CULTIVATE 180 8R /09/97 E FOLIAR IRON /09/97 M APPLY IRON /14/97 M CULTIVATE 180 8R /19/97 K CROPLAND 100 F 07/24/97 G & HAUL CORN c V 33

5 Date of Printing : 09/23/96 == ECONOMIC COSTS and RETURNS == Owner Budget by Stage Corn, Gulf Coast Texas Coastal Bend District ( 11) GROSS INCOME Description CORN-GULF COAST GROSS Income VARIABLE COST Description PHOSPHATE ATRAZINE SEED SOIL INSECTICIDE FOLIAR IRON FOLIAR IRON Fuel & Lube - Machinery R e p a i r s - M a c h i n e r y L a b o r - M a c h i n e r y Interest - OC Borrowed Interest - Positive Cash & HAUL VARIABLE COST Q u a n t i t y U n i t $ / U n i t T o t a l 750 bu Quantity Unit $ / Unit :========== ==== =========== =========== 800 lb lb lb thou gal gal gal Hour Dol Dol cwt GROSS INCOME minus VARIABLE COST FIXED COST Description Machinery and Equipment Land FIXED Cost of ALL Cost NET PROJECTED RETURNS Unit

6 == BUDGET DEFINITION Report == Data File : "CORNGC97.BUD" Date of Printing : 09/23/96 Date Stage Type Product Name Number Ẇeight Cash 1 of of of per Non- Production Prod. Units Head Cash ======== ================ ===== ========================= ============= ==== ========:= ===== : 07/19/97 A CORN-GULF COAST c Share Even Prod. 33 N Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- or Share Production Input Units Cash Vari. ======== ================ ===== ========================= ============= ==== = ===== ======== 07/25/96 M DISKING 2 OFT /31/96 M BEDDING 180 8ROW /30/96 M BEDDING 180 8ROW /14/96 E FERT 8000 c V 33 11/14/96 M APPLY FERT 8 ROW /14/96 E PHOSPHATE FERT 3000 c V 33 12/14/96 M BEDDING 180 8ROW /14/96 E ATRAZINE HERB /14/96 M APPLY HERBICIDE /15/97 M PICKUP TRUCK 3/4 TON /24/97 E SEED CORN 2000 c V 02/24/97 M PLANTING 8R CORN /24/97 E SOIL INSECTICIDE FURADAN.1250 c V 03/14/97 E FOLIAR IRON /14/97 M APPLY IRON /19/97 M CULTIVATE 180 8R /09/97 E FOLIAR IRON /09/97 M APPLY IRON /14/97 M CULTIVATE 180 8R /19/97 K CROPLAND 100 F 07/24/97 G & HAUL CORN ' 4200 c V 33

7 Date of Printing : 09/23/96 Sorghum, Gulf Coast Texas Coastal Bend District ( 11) GROSS INCOME Description SORGHUM GROSS Income VARIABLE COST Description ATRAZINE FERTILIZER MICRONUTRIENT SEED SOIL INSECTICIDE FOLIAR IRON FOLIAR IRON Fuel & Lube - Machinery R e p a i r s - M a c h i n e r y - L a b o r - M a c h i n e r y Q u a n t i t y U n i t $ Quantity 380 cwt. Unit 1,0 lb TON 0,.125 gal 6.0 lb. 0,.125 gal 1.0 gal 1.0 gal Hour / U n i t ======== =========== / U n i t ======== =========== I n t e r e s t - O C B o r r o w e d AND HAUL VARIABLE COST Dol CWT GROSS INCOME minus VARIABLE COST FIXED COST Description Machinery and Equipment Land FIXED Cost of ALL Cost NET PROJECTED RETURNS Unit ==== ===========

8 == BUDGET DEFINITION Report == Data File : "MIL097.BUD" Date of Printing : 09/23/96 Date Stage Type Product Name Number Weight Cash of of of per Non- Production Prod. Units Head Cash 07/14/97 A SORGHUtf C Share Even Prod. 33 Date Stage Type Input Name Number Cash Fixed 1Landlord of of of Non- or Share Production Input Units Cash Vari. ======== ================ ===== = = === === = = = = ====:========= ============= ===== ===== :======== 08/15/96 M SHRED STALKS 150 HP /20/96 M DISKING 2 OFT /15/96 M BEDDING 180 8ROW /30/96 E ATRAZINE HERB 100 C V 09/30/96 M APPLY HERBICIDE /10/96 E FERTILIZER c V 33 11/10/96 M APPLY FERT 8 ROW /10/96 E MICRONUTRIENT ZINC.1250 c V 33 01/15/97 M BEDDING 180 8ROW /15/97 M PICKUP TRUCK 3/4 TON /04/97 E SEED SORGHUM 600 c V 03/04/97 M PLANTING 8R SORG /04/97 E SOIL INSECTICIDE FURADAN.1250 c V 03/14/97 E FOLIAR IRON /14/97 M APPLY IRON /20/97 M CULTIVATE 150 8R /14/97 M APPLY IRON /14/97 E FOLIAR IRON /20/97 M CULTIVATE 150 8R /14/97 G AND HAUL SORGHUM 3800 c V 07/14/97 K CROPLAND 100 F

9 Cotton, Picker, Dryland, Coastal Plain Texas Coastal Bend ( District 11), Date of Printing : 09/ 23/ 96 GROSS INCOME Description Q u a n t i t y U n i t $ / U n i t COTTON LINT COTTONSEED 6250 lb ton GROSS Income VARIABLE COST Description FERTILIZER HERBICIDE PRE-EM SEED CAPAROL BWE PROGRAM SCOUTING INSECTICIDE-FLEA INSECTICIDE-FLEA INSECTICIDE-BOLL PIX INSECTICIDE-BOLL INSECTICIDE-BOLL INSECTICIDE-BOLL INSECTICIDE-BOLL PIX INSECTICIDE-BOLL INSECTICIDE-BOLL INSECTICIDE-BOLL Fuel & Lube - Machinery R e p a i r s - M a c h i n e r y L a b o r - M a c h i n e r y DEFOLIANTS DEFOLIANT APPL. PICK & MODULE GINNING I n t e r e s t - O C B o r r o w e d I n t e r e s t - P o s i t i v e C a s h VARIABLE COST GROSS INCOME minus VARIABLE COST intity Unit $ / Unit :======= ==== =========== =========== TON LBS lb QT ACRE acre appl OZ appl OZ PT pint appl PT appl PT appl PT appl PT appl pint OZ appl appl PT OZ appl Hour Lb acre cwt LB Dol Dol FIXED COST Description Unit Machinery and Equipment Land FIXED Cost of ALL Cost NET PROJECTED RETURNS

10 == BUDGET DEFINITION Report == Data File : "CPKR97.BUD" Date of Printing : 09/23/96 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. 09/09/97 09/09/97 COTTONSEED COTTON LINT OOOO C OOOO C Date Stage of Production Type of Input Input Name N u m b e r C a s h F i x e d L a n d l o r d o f N o n - o r S h a r e U n i t s C a s h V a r i. 08/24/96 08/31/96 09/20/96 10/15/96 11/15/96 11/15/96 11/15/96 11/15/96 02/15/97 02/28/97 02/28/97 02/28/97 03/01/97 03/31/97 04/09/97 04/14/97 04/14/97 04/24/97 04/24/97 05/07/97 05/14/97 05/14/97 05/14/97 05/18/97 05/18/97 05/22/97 05/22/97 06/12/97 06/12/97 06/17/97 06/17/97 06/22/97 06/22/97 06/22/97 06/27/97 06/27/97 07/01/97 07/01/97 08/04/97 08/04/97 08/19/97 08/31/97 09/14/97 M S H R E D S TA L K S H P M C H I S E L H P M D I S K I N G 2 0 F T M FIELD CULTIVATOR 29 FT E F E R T I L I Z E R M A P P L Y F E R T 8 R O W E HERBICIDE PRE-EM INCORP. M HERBICIDE APPL. DISC20 M P I C K U P T R U C K 3 / 4 T O N E S E E D C O T T O N M P L A N T I N G 8 R C O T N E CAPAROL E BWE PROGRAM G SCOUTING M C U L T I V A T E R E INSECTICIDE-FLEA HOPPERS E INSECTICIDE-FLEA HOPPERS M C U L T I V A T E R E INSECTICIDE-BOLL WEEVILS E P I X E INSECTICIDE-BOLL WEEVILS E INSECTICIDE-BOLL WEEVILS E INSECTICIDE-BOLL WEEVILS E INSECTICIDE-BOLL WEEVILS E P I X E INSECTICIDE-BOLL WORMS E INSECTICIDE-BOLL WEEVILS E INSECTICIDE-BOLL WORMS E D E F O L I A N T S P I C K E R G DEFOLIANT APPL. G PICK & MODULE COTTON G G I N N I N G P I C K E R K CROPLAND l.qooo

11 RICE. FIRST AND SECOND CROP West Side of Texas Upper Coast District (11) 1997 Projected Costs and Returns per GROSS INCOME Description Q u a n t i t y U n i t S/Unit Your Estimate RICE 1ST CROP LOAN 550 cwt R I C E 2 N D C R O P L O A N c w t R I C E P R E M I U M c w t CONTRACT PAYMENT cwt TOTAL PROJECTED RETURNS VARIABLE COST Description Q u a n t i t y U n i t S/Umt IRRK3ATION-1ST & 2ND CROP SEED CUST AIR SEED PHOSPHATE POTASH CUST AIR FERT PROPANIL-ORDRAM CUST AIR HERB CUST AIR FERT FURADAN-3G CUST AIR INSECT CUST AIR FERT FUNGICIDE CUST AIR FUNGICIDE INSECTICIDE CUST AIR INSECT Fuel & Lube - Machinery Repair - Machinery Irrigation Labor Machinery Irrigation Acin cwt acre lb. lb. lb. acre appl appl lb. acre acre appl lb. acre ozs appl appl appl acre acre acre hour hour ST CUSTOM HAUUNG DRYING Sales Commission and Checkoff Fuel & Lube Machinery Repairs - Machinery Labor Machinery 1ST CUST AIR FERT Fuel & Lube - Machinery Repairs Machinery -Irrigation Labor Machinery 2ND CUSTOM HAUUNG DRYING Sales Commission and Checkoff Fuel & Lube Machinery Repairs Machinery Labor -Machinery 2ND Interest -OC Borrowed Interest -PositiveCash VARIABLE COST GROSS INCOME minus VARIABLE COST hour cwt cwt cwt acre 253 acre hour lb acre 40 4 acre 0.38 acre 0.33 acre hour cwt cwt cwt acre 1.90 acre hour dot dol FIXED COST Description Unit Machinery and Equipment Land FIXED Cost of ALL Cost NET PROJECTED RETURNS acre acre /25/97 04:13:20 PM Ricewest123

12 Coastal Bermudagrass Hay & Grazing (3 Cuttings) Coastal Bend (District 11) Date of Printing : 03/18/96 GROSS INCOME Description Q u a n t i t y U n i t $ / U n i t GRAZING HAY COASTAL AUM Roll GROSS Income VARIABLE COST Description PHOSPHATE POTASH FERTILIZER APPL. 2.4D AMINE HERB APPL-GROUND FERTILIZER APPL. FERTILIZER APPL. I n t e r e s t - O C B o r r o w e d VARIABLE COST 192 Quantity Unit $ / Unit :========== ==== =========== =========== 600 lb lb lb acre lb AC Roll Roll lb acre Roll Roll lb acre Roll Roll Dol B r e a k - E v e n P r i c e, To t a l Va r i a b l e C o s t $ p e r R o l l o f H AY GROSS INCOME minus VARIABLE COST FIXED COST Description Unit FIXED Cost ,.75 ========::== Break- Even Price, Cost $ per Roll of HAY of ALL Cost NET PROJECTED RETURNS

13 == BUDGET DEFINITION Report == Data File : "HAY3-96.BUD* Date of Printing : 03/18/96 Date Stage Type Product Name Number Weight Cash. Landlord Break of of of per Non- Share Even Production Prod. Units Head CashL Prod. 05/30/96 A HAY COASTAL N Y 07/15/96 A HAY COASTAL N Y 08/01/96 A GRAZING N N 10/20/96 A HAY COASTAL N Y Date Stage Type Input Name Number Cash Fixed Landlord of of. of Non- or Share Production Input Units Cash Vari. ======== ================ ===== ================:========= ============= =====: ===== ======:== 04/01/96 B FERT 6000 C V 00 04/01/96 E PHOSPHATE FERT 2000 c V 04/01/96 E POTASH FERT 4000 c V 04/01/96 G FERTILIZER APPL. 100 c V 04/15/96 E 2,4D AMINE.7500 c V 04/15/96 G HERB APPL-GROUND 100 c V 05/30/96 G HAY c V 05/30/96 G HAY c V 06/01/96 E FERT 6000 c V 06/01/96 G FERTILIZER APPL. 100 c V 07/15/96 G HAY 200 c V 07/15/96 G HAY 200 c V 09/01/96 E FERT 6000 c V 09/01/96 G FERTILIZER APPL. 100 c V 10/20/96 G HAY c V 10/20/96 G HAY c V 10/30/96 K COASTAL BERMUDA HAY 100 N F

14 Date of Printing : 03/06/96 Coastal Bemtudagrass Hay (4 Cuttings) Coastal Bend (District 11) GROSS INCOME Description Q u a n t i t y U n i t $ / U n i t HAY COASTAL 70 Roll GROSS Income 210 VARIABLE COST Description Quantity Unit $ / Unit PHOSPHATE POTASH FERTILIZER APPL. HERBICIDE HAY HERB APPL-GROUND 600 lb. 200 lb. 400 lb. 10 acre pt. 10 AC FERTILIZER APPL. FERTILIZER APPL Roll Roll lb acre Roll Roll lb acre Roll Roll Roll Roll I n t e r e s t - O C B o r r o w e d D o l VARIABLE COST B r e a k - E v e n P r i c e, To t a l Va r i a b l e C o s t $ p e r R o l l o f H AY GROSS INCOME minus VARIABLE COST FIXED COST Description Unit 5.11 Land FIXED Cost Break- Even Price, Cost $ per Roll of HAY of ALL Cost NET PROJECTED RETURNS

15 == BUDGET DEFINITION Report == Data File : "HAY4-96.BUD* Date of Printing : 03/06/96 Date Stage Type Product Name Number Weight Cash I of Of of per Non- Production Prod. Units Head Cash ======== ================ ===== ================:========= ============= =====:======== ====:= : 05/15/96 A HAY COASTAL N 06/15/96 A HAY COASTAL N 09/01/96 A HAY COASTAL N 10/20/96 A HAY COASTAL N Share Even Prod. Y Y Y Y Date Stage Type Input Name Number Cash Fixed Landlord of of of Non- o r IShare Production Input Units Cash Vari. 04/01/96 E FERT 6000 C V 04/01/96 B PHOSPHATE FERT 2000 c V 04/01/96 E POTASH FERT 4000 c V 04/01/96 G FERTILIZER APPL. 100 c V 04/15/96 E HERBICIDE HAY c V 04/15/96 G HERB APPL-GROUND 100 c V 05/15/96 G HAY c V 05/15/96 G HAY c V 05/20/96 E FERT 6000 c V 05/20/96 G FERTILIZER APPL. 100 c V 06/15/96 G HAY 200 c V 06/15/96 G HAY 200 c V 08/01/96 E FERT 6000 c V 08/01/96 G FERTILIZER APPL. 100 c V 09/01/96 G HAY 100 c V 09/01/96 G HAY 100 c V 10/20/96 G HAY c V 10/20/96 G HAY c V 10/30/96 K COASTAL BERMUDA HAY 100 N F

16 Coastal Bermudagrass Hay (5 Cuttings) Coastal Bend (District 11) GROSS INCOME Description Q u a n t i t y U n i t $ / Unit HAY COASTAL Roll GROSS Income VARIABLE COST Description Q u a n t i t y U n i t $ / U n i t 255 PHOSPHATE POTASH FERTILIZER APPL. HERBICIDE HAY HERB APPL-GROUND 600 lb. 200 lb. 400 lb. 10 acre pt. 10 AC FERTILIZER APPL. FERTILIZER APPL Roll Roll lb acre Roll Roll Roll Roll lb acre Roll Roll Roll Roll I n t e r e s t - O C B o r r o w e d D o l VARIABLE COST B r e a k - E v e n P r i c e, To t a l Va r i a b l e C o s t $ p e r R o l l o f H AY GROSS INCOME minus VARIABLE COST FIXED COST Description Unit Land FIXED Cost ============ Break- Even Price, Cost $ per Roll of HAY of ALL Cost NET PROJECTED RETURNS

17 == BUDGET DEFINITION Report Data File : "HAY5-96.BUD" Date of Printing : 03/05/96 Date Stage Type Product Name Number Weight Cash ] of of of per Non- Production Prod. Units Head Cash ======== ================ ===== ========================= ============= ==== ========= ===== : 05/15/96 A HAY COASTAL N 06/15/96 A HAY COASTAL N 07/15/96 A HAY COASTAL N 09/15/96 A HAY COASTAL N 10/15/96 A HAY COASTAL N Share Even Prod. Y Y Y Y Y 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. 04/01/96 E FERT 6000 C V 04/01/96 E PHOSPHATE FERT 2000 C V 04/01/96 E POTASH FERT 4000 c V 04/01/96 G FERTILIZER APPL. 100 c V 04/15/96 E HERBICIDE HAY c V 04/15/96 G HERB APPL-GROUND 100 c V - 05/15/96 G HAY c V 05/15/96 G HAY c V 05/20/96 E FERT 6000 c V 05/20/96 G FERTILIZER APPL. 100 c V 06/15/96 G HAY 200 c V 06/15/96 G HAY 200 c V 07/15/96 G HAY c V 07/15/96 G HAY c V 07/20/96 E FERT 6000 c V 07/20/96 G FERTILIZER APPL. 100 c V 09/15/96 G HAY 100 c V 09/15/96 G HAY 100 c V 10/15/96 G HAY c V 10/15/96 G HAY c V 10/30/96 K COASTAL BERMUDA HAY 100 N F

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