2010 crop enterprise budgets for arkansas field crops ...€¦ · the division of agriculture...
TRANSCRIPT
2010 Crop Enterprise Budgets for Arkansas Field Crops Planted in 2010
AG -1259
2010 Crop Enterprise Budgets AG-1259
Contributors
Economics
Archie Flanders
Jeffrey Hignight
Scott Stiles
Crop and Soil Science
Tom Barber
Dave Freeze
Chris Grimes
Jason Kelly
Jeremy Ross
Charles Wilson
For questions and comments related to this report contact 870-526-2199 ext 108 or aflandersuaexedu
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 ActionEqual Opportunity Employer
Table of Contents
Section Page Forward 1
Introduction 2
Summary of Methods 2
Summary of 2010 Budgets 4
Cotton Budgets 8
Corn Budgets 18
Sorghum Budgets 25
Wheat Budget 32
Soybean Budgets 35
Rice Budgets 48
References 55
Customized Budget Form 56
Forward
The Department of Agricultural Economics and Agribusiness University of Arkansas Division of Agriculture has revised its crop enterprise budget program to provide improved service to producers and other constituents Crop enterprise budgets are developed in collaboration with Extension Agronomists to include the most common production methods employed by Arkansas farmers The new crop enterprise budget program is intended to more effectively and efficiently meet the needs of clientele A new feature of the budget program gives growers the opportunity to customize budgets to their operation
The primary objective of crop enterprise budget program is to assist producers in planning for crop expenses Printed budgets include expenses and returns based on typical Arkansas yields and expected commodity prices Coordination of budget development by crop enterprise enables producers to make decisions based on comparative costs and returns among crops In addition to printed budgets the new program includes interactive budgets Producers can enter their production costs as well as expected yields and commodity prices This provides unique expected costs and returns calculated for base Extension production methods
Crop production entails numerous alternative methods It is not possible to produce a sufficient number of crop budgets that correspond to all production methods The new budget program allows growers to produce customized budgets Producers can obtain a customized budget by completing a budget information worksheet found on the web site Producers submit completed budget information worksheets to county agents County agents review the worksheets and send them to the state specialist Customized budgets are then sent to county agents who forward them to producers
Enterprise budgets are utilized by producers lenders and other stakeholders in Arkansas crop production The new University of Arkansas budget program is intended to provide enhanced planning services to growers and all stakeholders of Arkansas agriculture
Steve A Halbrook Professor and Department Head
Archie Flanders Assistant Professor Harold F Ohlendorf Endowed Professorship Northeast Research amp Extension Center
1
2010 Crop Enterprise Budgets
The Department of Agricultural Economics and Agribusiness (AEAB) develops crop enterprise budgets to assist Arkansas producers and other agricultural stakeholders in evaluating expected costs and returns for the upcoming field crop production year Production methods analyzed represent typical field activities as determined by consultations with farmers county agents and information from specialists in the Department of Crop Soil and Environmental Sciences Actual production practices vary greatly among individual farms due to management preferences and between production years due to climactic conditions Analyses are for generalized circumstances with a focus on consistent and coordinated application of budget methods for all field crops This approach results in meaningful costs and returns comparisons for decision making related to acreage allocations among field crops Presentations in this report should be regarded only as a guide and basis for individual farmers developing budgets for their production practices soil types and other unique circumstances AEAB periodically issues reports devoted to economic comparisons of alternative production practices These reports offer greater detail for a range of production practices seeds and inputs
A new feature of the crop enterprise budget program is the availability of customized budgets developed for individual farms To request a customized budget complete the form in this publication and submit it to your county agent for review The county agent will forward the form so that budget methods of this report are applied to your farm You will receive the customized budget from your county agent
Interactive versions of budgets in this report are available online Users may change selected variables to represent their unique circumstances Variables available for changing are in white spreadsheet cells Numbers in red are from formulas that change values as users make changes in white cells
Summary of Methods
Methods employed for developing crop enterprise budgets include input prices that are estimated directly from information available from suppliers and other sources as well as costs estimated from engineering formulas developed by the American Society of Agricultural and Biological Engineers Operating costs for fertilizers and chemicals are estimated by applying prices to typical input rates Custom hire rates and fees are estimated with information from industry contacts Methods of estimating these operating expenses presented in crop enterprise budgets are identical to producers obtaining costs information for their specific farms
Ownership costs and repair expenses for machinery are estimated by applying engineering formulas to representative prices of new equipment (Givan 1991 Lazarus and Selly 2002) Repair expenses in crop enterprise budgets should be regarded as estimates of full service repairs and actual cash expenses for repairs may be lower than expenses presented in crop enterprise budgets Machinery performance rates of field activities utilized for machinery costs are used to estimate time requirements of an activity which is applied to an hourly wage rate for determining labor costs (USDA NASS 2009b) Labor costs in crop enterprise budgets represent time devoted to specified field activities Potentially additional labor costs not associated with
2
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
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Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
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Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
2010 Crop Enterprise Budgets AG-1259
Contributors
Economics
Archie Flanders
Jeffrey Hignight
Scott Stiles
Crop and Soil Science
Tom Barber
Dave Freeze
Chris Grimes
Jason Kelly
Jeremy Ross
Charles Wilson
For questions and comments related to this report contact 870-526-2199 ext 108 or aflandersuaexedu
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 ActionEqual Opportunity Employer
Table of Contents
Section Page Forward 1
Introduction 2
Summary of Methods 2
Summary of 2010 Budgets 4
Cotton Budgets 8
Corn Budgets 18
Sorghum Budgets 25
Wheat Budget 32
Soybean Budgets 35
Rice Budgets 48
References 55
Customized Budget Form 56
Forward
The Department of Agricultural Economics and Agribusiness University of Arkansas Division of Agriculture has revised its crop enterprise budget program to provide improved service to producers and other constituents Crop enterprise budgets are developed in collaboration with Extension Agronomists to include the most common production methods employed by Arkansas farmers The new crop enterprise budget program is intended to more effectively and efficiently meet the needs of clientele A new feature of the budget program gives growers the opportunity to customize budgets to their operation
The primary objective of crop enterprise budget program is to assist producers in planning for crop expenses Printed budgets include expenses and returns based on typical Arkansas yields and expected commodity prices Coordination of budget development by crop enterprise enables producers to make decisions based on comparative costs and returns among crops In addition to printed budgets the new program includes interactive budgets Producers can enter their production costs as well as expected yields and commodity prices This provides unique expected costs and returns calculated for base Extension production methods
Crop production entails numerous alternative methods It is not possible to produce a sufficient number of crop budgets that correspond to all production methods The new budget program allows growers to produce customized budgets Producers can obtain a customized budget by completing a budget information worksheet found on the web site Producers submit completed budget information worksheets to county agents County agents review the worksheets and send them to the state specialist Customized budgets are then sent to county agents who forward them to producers
Enterprise budgets are utilized by producers lenders and other stakeholders in Arkansas crop production The new University of Arkansas budget program is intended to provide enhanced planning services to growers and all stakeholders of Arkansas agriculture
Steve A Halbrook Professor and Department Head
Archie Flanders Assistant Professor Harold F Ohlendorf Endowed Professorship Northeast Research amp Extension Center
1
2010 Crop Enterprise Budgets
The Department of Agricultural Economics and Agribusiness (AEAB) develops crop enterprise budgets to assist Arkansas producers and other agricultural stakeholders in evaluating expected costs and returns for the upcoming field crop production year Production methods analyzed represent typical field activities as determined by consultations with farmers county agents and information from specialists in the Department of Crop Soil and Environmental Sciences Actual production practices vary greatly among individual farms due to management preferences and between production years due to climactic conditions Analyses are for generalized circumstances with a focus on consistent and coordinated application of budget methods for all field crops This approach results in meaningful costs and returns comparisons for decision making related to acreage allocations among field crops Presentations in this report should be regarded only as a guide and basis for individual farmers developing budgets for their production practices soil types and other unique circumstances AEAB periodically issues reports devoted to economic comparisons of alternative production practices These reports offer greater detail for a range of production practices seeds and inputs
A new feature of the crop enterprise budget program is the availability of customized budgets developed for individual farms To request a customized budget complete the form in this publication and submit it to your county agent for review The county agent will forward the form so that budget methods of this report are applied to your farm You will receive the customized budget from your county agent
Interactive versions of budgets in this report are available online Users may change selected variables to represent their unique circumstances Variables available for changing are in white spreadsheet cells Numbers in red are from formulas that change values as users make changes in white cells
Summary of Methods
Methods employed for developing crop enterprise budgets include input prices that are estimated directly from information available from suppliers and other sources as well as costs estimated from engineering formulas developed by the American Society of Agricultural and Biological Engineers Operating costs for fertilizers and chemicals are estimated by applying prices to typical input rates Custom hire rates and fees are estimated with information from industry contacts Methods of estimating these operating expenses presented in crop enterprise budgets are identical to producers obtaining costs information for their specific farms
Ownership costs and repair expenses for machinery are estimated by applying engineering formulas to representative prices of new equipment (Givan 1991 Lazarus and Selly 2002) Repair expenses in crop enterprise budgets should be regarded as estimates of full service repairs and actual cash expenses for repairs may be lower than expenses presented in crop enterprise budgets Machinery performance rates of field activities utilized for machinery costs are used to estimate time requirements of an activity which is applied to an hourly wage rate for determining labor costs (USDA NASS 2009b) Labor costs in crop enterprise budgets represent time devoted to specified field activities Potentially additional labor costs not associated with
2
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table of Contents
Section Page Forward 1
Introduction 2
Summary of Methods 2
Summary of 2010 Budgets 4
Cotton Budgets 8
Corn Budgets 18
Sorghum Budgets 25
Wheat Budget 32
Soybean Budgets 35
Rice Budgets 48
References 55
Customized Budget Form 56
Forward
The Department of Agricultural Economics and Agribusiness University of Arkansas Division of Agriculture has revised its crop enterprise budget program to provide improved service to producers and other constituents Crop enterprise budgets are developed in collaboration with Extension Agronomists to include the most common production methods employed by Arkansas farmers The new crop enterprise budget program is intended to more effectively and efficiently meet the needs of clientele A new feature of the budget program gives growers the opportunity to customize budgets to their operation
The primary objective of crop enterprise budget program is to assist producers in planning for crop expenses Printed budgets include expenses and returns based on typical Arkansas yields and expected commodity prices Coordination of budget development by crop enterprise enables producers to make decisions based on comparative costs and returns among crops In addition to printed budgets the new program includes interactive budgets Producers can enter their production costs as well as expected yields and commodity prices This provides unique expected costs and returns calculated for base Extension production methods
Crop production entails numerous alternative methods It is not possible to produce a sufficient number of crop budgets that correspond to all production methods The new budget program allows growers to produce customized budgets Producers can obtain a customized budget by completing a budget information worksheet found on the web site Producers submit completed budget information worksheets to county agents County agents review the worksheets and send them to the state specialist Customized budgets are then sent to county agents who forward them to producers
Enterprise budgets are utilized by producers lenders and other stakeholders in Arkansas crop production The new University of Arkansas budget program is intended to provide enhanced planning services to growers and all stakeholders of Arkansas agriculture
Steve A Halbrook Professor and Department Head
Archie Flanders Assistant Professor Harold F Ohlendorf Endowed Professorship Northeast Research amp Extension Center
1
2010 Crop Enterprise Budgets
The Department of Agricultural Economics and Agribusiness (AEAB) develops crop enterprise budgets to assist Arkansas producers and other agricultural stakeholders in evaluating expected costs and returns for the upcoming field crop production year Production methods analyzed represent typical field activities as determined by consultations with farmers county agents and information from specialists in the Department of Crop Soil and Environmental Sciences Actual production practices vary greatly among individual farms due to management preferences and between production years due to climactic conditions Analyses are for generalized circumstances with a focus on consistent and coordinated application of budget methods for all field crops This approach results in meaningful costs and returns comparisons for decision making related to acreage allocations among field crops Presentations in this report should be regarded only as a guide and basis for individual farmers developing budgets for their production practices soil types and other unique circumstances AEAB periodically issues reports devoted to economic comparisons of alternative production practices These reports offer greater detail for a range of production practices seeds and inputs
A new feature of the crop enterprise budget program is the availability of customized budgets developed for individual farms To request a customized budget complete the form in this publication and submit it to your county agent for review The county agent will forward the form so that budget methods of this report are applied to your farm You will receive the customized budget from your county agent
Interactive versions of budgets in this report are available online Users may change selected variables to represent their unique circumstances Variables available for changing are in white spreadsheet cells Numbers in red are from formulas that change values as users make changes in white cells
Summary of Methods
Methods employed for developing crop enterprise budgets include input prices that are estimated directly from information available from suppliers and other sources as well as costs estimated from engineering formulas developed by the American Society of Agricultural and Biological Engineers Operating costs for fertilizers and chemicals are estimated by applying prices to typical input rates Custom hire rates and fees are estimated with information from industry contacts Methods of estimating these operating expenses presented in crop enterprise budgets are identical to producers obtaining costs information for their specific farms
Ownership costs and repair expenses for machinery are estimated by applying engineering formulas to representative prices of new equipment (Givan 1991 Lazarus and Selly 2002) Repair expenses in crop enterprise budgets should be regarded as estimates of full service repairs and actual cash expenses for repairs may be lower than expenses presented in crop enterprise budgets Machinery performance rates of field activities utilized for machinery costs are used to estimate time requirements of an activity which is applied to an hourly wage rate for determining labor costs (USDA NASS 2009b) Labor costs in crop enterprise budgets represent time devoted to specified field activities Potentially additional labor costs not associated with
2
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Forward
The Department of Agricultural Economics and Agribusiness University of Arkansas Division of Agriculture has revised its crop enterprise budget program to provide improved service to producers and other constituents Crop enterprise budgets are developed in collaboration with Extension Agronomists to include the most common production methods employed by Arkansas farmers The new crop enterprise budget program is intended to more effectively and efficiently meet the needs of clientele A new feature of the budget program gives growers the opportunity to customize budgets to their operation
The primary objective of crop enterprise budget program is to assist producers in planning for crop expenses Printed budgets include expenses and returns based on typical Arkansas yields and expected commodity prices Coordination of budget development by crop enterprise enables producers to make decisions based on comparative costs and returns among crops In addition to printed budgets the new program includes interactive budgets Producers can enter their production costs as well as expected yields and commodity prices This provides unique expected costs and returns calculated for base Extension production methods
Crop production entails numerous alternative methods It is not possible to produce a sufficient number of crop budgets that correspond to all production methods The new budget program allows growers to produce customized budgets Producers can obtain a customized budget by completing a budget information worksheet found on the web site Producers submit completed budget information worksheets to county agents County agents review the worksheets and send them to the state specialist Customized budgets are then sent to county agents who forward them to producers
Enterprise budgets are utilized by producers lenders and other stakeholders in Arkansas crop production The new University of Arkansas budget program is intended to provide enhanced planning services to growers and all stakeholders of Arkansas agriculture
Steve A Halbrook Professor and Department Head
Archie Flanders Assistant Professor Harold F Ohlendorf Endowed Professorship Northeast Research amp Extension Center
1
2010 Crop Enterprise Budgets
The Department of Agricultural Economics and Agribusiness (AEAB) develops crop enterprise budgets to assist Arkansas producers and other agricultural stakeholders in evaluating expected costs and returns for the upcoming field crop production year Production methods analyzed represent typical field activities as determined by consultations with farmers county agents and information from specialists in the Department of Crop Soil and Environmental Sciences Actual production practices vary greatly among individual farms due to management preferences and between production years due to climactic conditions Analyses are for generalized circumstances with a focus on consistent and coordinated application of budget methods for all field crops This approach results in meaningful costs and returns comparisons for decision making related to acreage allocations among field crops Presentations in this report should be regarded only as a guide and basis for individual farmers developing budgets for their production practices soil types and other unique circumstances AEAB periodically issues reports devoted to economic comparisons of alternative production practices These reports offer greater detail for a range of production practices seeds and inputs
A new feature of the crop enterprise budget program is the availability of customized budgets developed for individual farms To request a customized budget complete the form in this publication and submit it to your county agent for review The county agent will forward the form so that budget methods of this report are applied to your farm You will receive the customized budget from your county agent
Interactive versions of budgets in this report are available online Users may change selected variables to represent their unique circumstances Variables available for changing are in white spreadsheet cells Numbers in red are from formulas that change values as users make changes in white cells
Summary of Methods
Methods employed for developing crop enterprise budgets include input prices that are estimated directly from information available from suppliers and other sources as well as costs estimated from engineering formulas developed by the American Society of Agricultural and Biological Engineers Operating costs for fertilizers and chemicals are estimated by applying prices to typical input rates Custom hire rates and fees are estimated with information from industry contacts Methods of estimating these operating expenses presented in crop enterprise budgets are identical to producers obtaining costs information for their specific farms
Ownership costs and repair expenses for machinery are estimated by applying engineering formulas to representative prices of new equipment (Givan 1991 Lazarus and Selly 2002) Repair expenses in crop enterprise budgets should be regarded as estimates of full service repairs and actual cash expenses for repairs may be lower than expenses presented in crop enterprise budgets Machinery performance rates of field activities utilized for machinery costs are used to estimate time requirements of an activity which is applied to an hourly wage rate for determining labor costs (USDA NASS 2009b) Labor costs in crop enterprise budgets represent time devoted to specified field activities Potentially additional labor costs not associated with
2
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
2010 Crop Enterprise Budgets
The Department of Agricultural Economics and Agribusiness (AEAB) develops crop enterprise budgets to assist Arkansas producers and other agricultural stakeholders in evaluating expected costs and returns for the upcoming field crop production year Production methods analyzed represent typical field activities as determined by consultations with farmers county agents and information from specialists in the Department of Crop Soil and Environmental Sciences Actual production practices vary greatly among individual farms due to management preferences and between production years due to climactic conditions Analyses are for generalized circumstances with a focus on consistent and coordinated application of budget methods for all field crops This approach results in meaningful costs and returns comparisons for decision making related to acreage allocations among field crops Presentations in this report should be regarded only as a guide and basis for individual farmers developing budgets for their production practices soil types and other unique circumstances AEAB periodically issues reports devoted to economic comparisons of alternative production practices These reports offer greater detail for a range of production practices seeds and inputs
A new feature of the crop enterprise budget program is the availability of customized budgets developed for individual farms To request a customized budget complete the form in this publication and submit it to your county agent for review The county agent will forward the form so that budget methods of this report are applied to your farm You will receive the customized budget from your county agent
Interactive versions of budgets in this report are available online Users may change selected variables to represent their unique circumstances Variables available for changing are in white spreadsheet cells Numbers in red are from formulas that change values as users make changes in white cells
Summary of Methods
Methods employed for developing crop enterprise budgets include input prices that are estimated directly from information available from suppliers and other sources as well as costs estimated from engineering formulas developed by the American Society of Agricultural and Biological Engineers Operating costs for fertilizers and chemicals are estimated by applying prices to typical input rates Custom hire rates and fees are estimated with information from industry contacts Methods of estimating these operating expenses presented in crop enterprise budgets are identical to producers obtaining costs information for their specific farms
Ownership costs and repair expenses for machinery are estimated by applying engineering formulas to representative prices of new equipment (Givan 1991 Lazarus and Selly 2002) Repair expenses in crop enterprise budgets should be regarded as estimates of full service repairs and actual cash expenses for repairs may be lower than expenses presented in crop enterprise budgets Machinery performance rates of field activities utilized for machinery costs are used to estimate time requirements of an activity which is applied to an hourly wage rate for determining labor costs (USDA NASS 2009b) Labor costs in crop enterprise budgets represent time devoted to specified field activities Potentially additional labor costs not associated with
2
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
field activities are subsumed in the expense category miscellaneous overhead Actual labor expenses for a farm could be reduced by employing owner unpaid labor
Ownership costs of machinery are determined by the capital recovery method which determines the amount of money that should be set aside each year to replace the value of equipment used in production (Kay and Edwards 1999) This measure differs from typical depreciation methods as well as actual cash expenses for machinery Amortization factors applied for capital recovery estimation coincide with real interest rates (Edwards 2005) Nominal interest rates are average effective interest rates for farm machinery and equipment (Federal Reserve System 2009) Real interest rates are calculated by applying the implicit price deflator for gross domestic product (USDC BEA 2009) Representative prices for equipment are based on numerous sources of information including average US prices (USDA NASS 2009a) and industry list prices (John Deere 2009)
Revenue in crop enterprise budgets is the product of expected yields from following Extension practices under optimal growing conditions and projected commodity prices from the Food and Agricultural Policy Research Institute (Richardson et al 2009) Commodity prices in this report are projections formulated in August 2009 and actual prices will vary with continually changing market conditions AEAB does not make price projections in this report
3
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Budget Summaries
for
2010 Planting
4
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 1 2010 Budget Summary of Surface Irrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cottonseed Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Conventional Hybrid Item Cotton Corn Sorghum on Beds Drilled Rice Rice
Yield 1200 180 110 50 50 170 185 Price 056 369 325 912 912 596 596 Crop Value1 67200 66420 35750 45600 45600 101320 110260 Cottonseed Rebate Yield 240 000 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000 000 000
Seed 10030 9735 1963 4410 4410 3404 14196 Fertilizers 10396 17479 13074 5240 5240 14626 13126 Chemicals 12292 3819 3181 8444 8444 10263 8311 Custom Hire Surveying 000 650 000 650 1150 4350 3700 Fuel amp Lube 3166 1900 1924 1947 1880 2369 2369 Repairs amp Maintenance 2805 1750 1513 1278 1185 1815 2347 Irrigation Diesel Fuel 3543 4429 2953 3543 3543 8858 8858 Supplies 550 550 550 550 000 195 195 Other Inputs 000 000 000 000 000 000 000 Labor 1623 754 765 757 714 890 890 ScoutingConsultant 900 000 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 1353 1353 Interest 1126 1012 648 668 662 1143 1314 GinningDrying 000 3420 000 000 000 5950 6475 Hauling 000 3960 2420 1100 1100 3740 4070 CheckoffPromotions 000 180 110 150 150 230 250 Cash Land Rent 000 000 000 000 000 000 000 Operating Costs 48531 51190 30472 30040 29781 59185 67454
NR to Operating Costs 25869 15230 5278 15560 15819 42135 42806
Capital Recovery 11161 6681 6566 6545 6236 7944 7944 Total Costs 59692 57871 37038 36585 36017 67129 75398
Net Returns 14708 8549 -1288 9015 9583 34191 34862
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
5
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 2 2010 Budget Summary of Center Pivot Irrigated Arkansas Field Crops
Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum on Beds Drilled
Yield 1200 180 110 50 50 Price 056 369 325 912 912 Crop Value1 67200 66420 35750 45600 45600 Cottonseed Rebate Yield 240 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 Cottonseed Rebate1 7200 000 000 000 000
Seed 10030 9735 1963 4410 4410 Fertilizers 10396 17479 13074 5240 5240 Chemicals 12292 3819 3181 8444 8444 Custom Hire Surveying 000 650 000 650 650 Fuel amp Lube 3066 1800 1825 1847 1858 Repairs amp Maintenance 2837 1558 1648 1279 1202 Irrigation Diesel Fuel 4037 6728 4485 4037 4037 Supplies 000 000 000 000 000 Other Inputs 000 000 000 000 000 Labor 1567 698 708 700 705 ScoutingConsultant 900 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 Crop Insurance 1300 1552 1371 1303 1303 Interest 1122 1045 671 663 661 GinningDrying 000 3420 000 000 000 Hauling 000 3960 2420 1100 1100 CheckoffPromotions 000 180 110 150 150 Cash Land Rent 000 000 000 000 000 Operating Costs 48347 52624 31456 29823 29760
NR to Operating Costs 26053 13796 4294 15777 15840
Capital Recovery 14494 10013 9899 9877 9720 Total Costs 62841 62637 41355 39700 39480
Net Returns 11559 3783 -5605 5900 6120
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
6
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 3 2010 Budget Summary of Nonirrigated Arkansas Field Crops Cotton Lint Yield in Lbs Cotton Rebate Yield in Bales Other Crop Yields in Bu
Soybean Soybean Item Cotton Corn Sorghum Wheat on Beds Drilled
Yield 800 100 70 55 30 30 Price 056 369 325 496 912 912 Crop Value1 44800 36900 22750 27280 27360 27360 Cottonseed Rebate Yield 160 000 000 000 000 000 Cottonseed Rebate Price 3000 000 000 000 000 000 Cottonseed Rebate1 4800 000 000 000 000 000
Seed 10030 7670 1359 2500 4410 4410 Fertilizers 8976 13091 10288 8677 5240 5240 Chemicals 11590 3819 3181 2491 8444 8444 Custom Hire Surveying 000 650 000 650 650 650 Fuel amp Lube 3042 1800 1825 1668 1847 1858 Repairs amp Maintenance 2393 1289 1200 975 1118 1040 Irrigation Diesel Fuel 000 000 000 000 000 000 Supplies 000 000 000 000 000 000 Other Inputs 000 000 000 000 000 000 Labor 1556 698 708 643 700 705 ScoutingConsultant 900 000 000 000 000 000 Boll Weevil Fee2 800 000 000 000 000 000 Crop Insurance 1286 1552 1371 1475 1303 1303 Interest 964 726 473 453 563 562 GinningDrying 000 1900 000 000 000 000 Hauling 000 2200 1540 1210 660 660 CheckoffPromotions 000 100 070 000 090 090 Cash Land Rent 000 000 000 000 000 000 Operating Costs 41537 35495 22015 20742 25025 24962
NR to Operating Costs 8063 1405 735 6538 2335 2398
Capital Recovery 9481 5067 4953 4418 4931 4774 Total Costs 51018 40562 26968 25160 29956 29736
Net Returns -1418 -3662 -4218 2120 -2596 -2376
1Value is for an assumed commodity price 2Boll Weevil Eradication Program fee is only applicable to cotton and is $14 in NE Arkansas
7
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Cotton Budgets
for
2010 Planting
8
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 4 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Furrow Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 0 Lbs 1200 009 000 Storage and Warehousing 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48530 Net Returns to Operating Expenses $25870 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162 TOTAL EXPENSES $59692 NET RETURNS $14708
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
9
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 4-A Furrow Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
10
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 5 2010 Cotton Budget with Cottonseed Rebate Stacked Gene Center Pivot Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Rebate 100 Bale 2400 3000 7200 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 0 Lbs 1200 009 000 Storage and Warehousing Hauling 0 Bale 240 1050 000 Promotions Boards Classing 0 Bale 240 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $48344 Net Returns to Operating Expenses $26056 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493 TOTAL EXPENSES $62838 NET RETURNS $11562
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
11
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 5-A Center Pivot Irrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
12
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 6 2010 Cotton Budget with Cottonseed Rebate Stacked Gene No Irrigation CROP VALUE1 Grower Unit Yield PriceUnit Revenue Your Farm Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Rebate 100 Bale 1600 30 4800 OPERATING EXPENSES Unit Quantity PriceUnit Costs Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900
Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 0 Lbs 800 009 000 Storage and Warehousing Hauling 0 Bale 160 1050 000 Promotions Boards Classing 0 Bale 160 550 000
Cash Rent Acre 1 0 000 Total Operating Expenses $41535 Net Returns to Operating Expenses $8065 CAPITAL RECOVERY amp OVERHEAD Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481 TOTAL EXPENSES $51016 NET RETURNS -$1416
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
13
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 6-A Nonirrigated Cotton Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Paratill 12 of land 6 Row 225 hp MFWD Fall Tillage 069 188 034 014 174 068 547 Hipper 12 of land 12 Row 225 hp MFWD Fall Tillage 046 084 019 006 077 030 262 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Hooded Sprayer 12 Row 225 hp MFWD Herbicide 061 123 036 009 114 044 387 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide Harvest Aid 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Harvest Aid 053 040 024 010 127 Picker Boll Buggy Module Builder
6 Row 225 hp MFWD 225 hp MFWD
Harvest Harvest Harvest
3626 224 309
522 522
1045 109 253
038 038
751 483 483
200 200 601
5622 1576 2206
Mower 20 ft 225 hp MFWD Mow Stalks 087 204 145 015 189 078 718
14
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 7 2010 Cotton Budget with Cottonseed Value Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5801 250 1450 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1321 1321 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1593 1019 1623 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47404 00238 1126 Post-Harvest Expenses
Hauling Ginning 100 Lbs 1200 009 10800 Storage and Warehousing 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $63170
Net Returns to Operating Expenses $22030
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7797 7797 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1949 1949 Total Capital Recovery amp Overhead $11162
TOTAL EXPENSES $74332
NET RETURNS $10868
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
15
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 8 2010 Cotton Budget with Cottonseed Value Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 1200 056 67200 Cottonseed Value SeedLint Ratio 15 100 Ton 0900 200 18000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 100 046 4600 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 2107 2107 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5402 250 1350 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1353 1353 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1537 1019 1567 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1300 1300 Interest 6 Months Annual Rate 475 100 Dollars 47223 00238 1122 Post-Harvest Expenses
Ginning Drying 100 Lbs 1200 009 10800 Storage and Warehousing Hauling 100 Bale 240 1050 2520 Promotions Boards Classing 100 Bale 240 550 1320
Cash Rent Acre 1 0 000 Total Operating Expenses $62984
Net Returns to Operating Expenses $22216
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7638 7638 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1910 1910 Total Capital Recovery amp Overhead $14493
TOTAL EXPENSES $77478
NET RETURNS $7722
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
16
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 9 2010 Cotton Budget with Cottonseed Value Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value Includes Estimated LDP 100 Lbs 800 056 44800 Cottonseed Value SeedLint Ratio 15 100 Ton 0600 200 12000 OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees2 100 Acre 1 10030 10030 Fertilizers
Nitrogen 100 Lbs 80 046 3680 Phosphate (P2O5) 100 Lbs 40 045 1783 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 15 022 333 Poultry Litter Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6667 6667 Insecticides 100 Acre 1 3518 3518 Nematicide 100 Acre 1 000 000 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 1405 1405 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 5305 250 1326 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 909 909 Diesel Fuel amp Lube Harvest 100 Gallons 6862 250 1716 Repairs and Maintenance Harvest 100 Acre 1 1484 1484
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 1527 1019 1556 ScoutingConsultant Fee 100 Acre 1 900 900 Boll Weevil Eradication Fee3 100 Acre 1 800 800 Crop Insurance 100 Acre 1 1286 1286 Interest 6 Months Annual Rate 475 100 Dollars 40571 00238 964 Post-Harvest Expenses
Hauling Ginning 100 Lbs 800 009 7200 Storage and Warehousing Hauling 100 Bale 160 1050 1680 Promotions Boards Classing 100 Bale 160 550 880
Cash Rent Acre 1 0 000 Total Operating Expenses $51295
Net Returns to Operating Expenses $5505
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 7585 7585 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1896 1896 Total Capital Recovery amp Overhead $9481
TOTAL EXPENSES $60776
NET RETURNS -$3976
1Value presented is at an assumed price received for stacked gene cotton 2Technology fees may vary by geogaphical location 3Boll weevil eradication fee is $1400 per acre in Northeastern Arkansas
17
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Corn Budgets
for
2010 Planting
18
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 10 2010 Corn Budget Stacked Gene Furrow Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4145 250 1036 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1010 1010 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 295 4429 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0740 1019 754 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 42618 00238 1012 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $51191
Net Returns to Operating Expenses $15229
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4213 4213 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1053 1053 Total Capital Recovery amp Overhead $6682
TOTAL EXPENSES $57872
NET RETURNS $8548
Value presented is at an assumed price received for stacked gene corn
19
1
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 10-A Furrow Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
20
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 11 2010 Corn Budget Stacked Gene Center Pivot Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 180 369 66420
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 9735 9735 Fertilizers
Nitrogen 100 Lbs 220 046 10120 Phosphate (P2O5) 100 Lbs 75 045 3342 Potash (K2O) 100 Lbs 75 050 3750 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 818 818 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 15 449 6728 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 44019 00238 1045 Post-Harvest Expenses
Drying 100 Bu 180 019 3420 Hauling 100 Bu 180 022 3960 Check Off 100 Bu 180 001 180
Cash Rent Acre 1 0 000 Total Operating Expenses $52624
Net Returns to Operating Expenses $13796
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $10013
TOTAL EXPENSES $62637
NET RETURNS $3783
Value presented is at an assumed price received for stacked gene corn
21
1
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 11-A Center Pivot Irrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
22
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 12 2010 Corn Budget Stacked Gene No Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 100 369 36900
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 7670 7670 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 65 050 3250 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 3819 3819 Insecticides 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3745 250 936 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 549 549 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 740 740
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0685 1019 698 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1552 1552 Interest 6 Months Annual Rate 475 100 Dollars 30568 00238 726 Post-Harvest Expenses
Drying 100 Bu 100 019 1900 Hauling 100 Bu 100 022 2200 Check Off 100 Bu 100 001 100
Cash Rent Acre 1 0 000 Total Operating Expenses $35494
Net Returns to Operating Expenses $1406
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4054 4054 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 1013 1013 Total Capital Recovery amp Overhead $5067
TOTAL EXPENSES $40562
NET RETURNS -$3662
Value presented is at an assumed price received for stacked gene corn
23
1
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 12-A Nonirrigated Corn Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide Insecticide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Air Application Custom Hire Fertilizer 650 Combine Corn Head Grain Wagon (700 bu)
8 Row 305 HP
225 hp MFWD
Harvest Harvest Harvest
1438 284 108 396
360 254 097 029
497
367
152
152
2447 538
1149
24
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Sorghum Budgets
for
2010 Planting
25
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 13 2010 Sorghum Budget Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4242 250 1060 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 903 903 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 295 2953 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0750 1019 765 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 27293 00238 648 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30471
Net Returns to Operating Expenses $5279
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4121 4121 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1030 1030 Total Capital Recovery amp Overhead $6567
TOTAL EXPENSES $37038
NET RETURNS -$1288
Value presented is at an assumed price received for sorghum
26
1
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 13-A Furrow Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
27
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 14 2010 Sorghum Budget Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 110 325 35750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1963 1963 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1038 1038 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 10 449 4485 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 28254 00238 671 Post-Harvest Expenses
Hauling 100 Bu 110 022 2420 Checkoff 100 Bu 110 001 110 Other Post-Harvest Expenses 100 Bu 110 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $31455
Net Returns to Operating Expenses $4295
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $9898
TOTAL EXPENSES $41353
NET RETURNS -$5603
Value presented is at an assumed price received for sorghum
28
1
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 14-A Center Pivot Irrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
29
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 15 2010 Sorghum Budget No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 70 325 22750
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 1359 1359 Fertilizers
Nitrogen 100 Lbs 110 046 5060 Phosphate (P2O5) 100 Lbs 50 045 2228 Potash (K2O) 100 Lbs 60 050 3000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 2730 2730 Insecticides 100 Acre 1 451 451 Other Chemical 100 Acre 1 000 000 Other Chemical 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 0 650 000 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3842 250 961 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 590 590 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (exother) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0695 1019 708 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1371 1371 Interest 6 Months Annual Rate 475 100 Dollars 19931 00238 473 Post-Harvest Expenses
Hauling 100 Bu 70 022 1540 Checkoff 100 Bu 70 001 070 Other Post-Harvest Expenses 100 Bu 70 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $22014
Net Returns to Operating Expenses $736
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3962 3962 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 991 991 Total Capital Recovery amp Overhead $4953
TOTAL EXPENSES $26966
NET RETURNS -$4216
Value presented is at an assumed price received for sorghum
30
1
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 15-A Nonirrigated Sorghum Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Hi-Clearance Sprayer 90 ft Herbicide ( Burndown) 053 040 024 010 127 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter 12 Row 225 hp MFWD Plant 166 164 116 012 152 066 676 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Knife Rig 12 Row 225 hp MFWD Fertilizer 131 130 078 010 121 060 530 Hi-Clearance Sprayer 90 ft Herbicide 053 040 024 010 127 Hi-Clearance Sprayer 90 ft Insecticide 053 040 024 010 127 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
31
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Wheat Budget
for
2010 Planting
32
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 16 2010 Wheat Budget 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 55 496 27280
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2500 2500 Fertilizers
Nitrogen 100 Lbs 115 046 5290 Phosphate (P2O5) 100 Lbs 70 045 3120 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 12 022 267 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 629 629 Insecticides 100 Acre 1 000 000 Fungicide 100 Acre 1 1862 1862 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3215 250 804 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 365 365 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 610 610
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0631 1019 643 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1475 1475 Interest 6 Months Annual Rate 475 100 Dollars 19077 00238 453 Post-Harvest Expenses
Hauling 100 Bu 55 022 1210 Other Post-Harvest Expenses 100 Bu 55 000 000 Other Post-Harvest Expenses 100 Bu 55 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $20740
Net Returns to Operating Expenses $6540
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3534 3534 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 884 884 Total Capital Recovery amp Overhead $4418
TOTAL EXPENSES $25158
NET RETURNS $2122
Value presented is at an assumed price received for wheat
33
1
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 16-A Wheat Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Tillage 174 140 059 010 130 051 564 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Tillage 007 012 001 001 011 008 040 Grain Drill 35 ft 225 hp MFWD Plant 206 180 114 013 167 069 749 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Air Application Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
1438 139 108 396
360 124 097 029
497
367
152
152
2447 263
1149
34
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Soybean Budgets
for
2010 Planting
35
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 17 2010 Soybean Budget Herbicide Resistant Planted on Beds Furrow Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4333 250 1083 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 656 656 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex polypipe other) 100 Acre 1 550 550 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0742 1019 757 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 28121 00238 668 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $30039
Net Returns to Operating Expenses $15561
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 4104 4104 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1026 1026 Total Capital Recovery amp Overhead $6545
TOTAL EXPENSES $36585
NET RETURNS $9015
Value presented is at an assumed price received for herbicide resistant soybean
36
1
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 17-A Furrow Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Irrigation Sweep 12 Row 225 hp MFWD Tillage 038 084 010 006 077 030 245 Irrigation Polypipe Spool 225 hp MFWD Total Season Activities 013 024 000 002 023 026 088 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
37
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 18 2010 Soybean Budget Herbicide Resistant Planted on Beds Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 657 657 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27910 00238 663 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Check Off 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29823
Net Returns to Operating Expenses $15777
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $9877
TOTAL EXPENSES $39700
NET RETURNS $5900
Value presented is at an assumed price received for herbicide resistant soybean
38
1
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 18-A Center Pivot Irrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
39
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 19 2010 Soybean Budget Herbicide Resistant Planted on Beds No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide 100 Acre 1 1554 1554 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3933 250 983 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 496 496 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0687 1019 700 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23712 00238 563 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Check Off 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $25025
Net Returns to Operating Expenses $2335
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3945 3945 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 986 986 Total Capital Recovery amp Overhead $4931
TOTAL EXPENSES $29956
NET RETURNS -$2596
Value presented is at an assumed price received for herbicide resistant soybean
40
1
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 19-A Nonirrigated Soybean Planted on Beds Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Hipper 12 Row 225 hp MFWD Fall Tillage 092 167 039 012 155 060 525 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Hipper 12 Row 225 hp MFWD Tillage 092 167 039 012 155 060 525 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Do All (Seedbed Finisher) 12 Row 225 hp MFWD Tillage 052 107 015 008 099 039 320 Planter (Twin Row) 12 Row 225 hp MFWD Plant 310 164 218 012 152 066 922 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
41
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 20 2010 Soybean Budget Herbicide Resistant Drill Planted Flood Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 4066 250 1016 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 563 563 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 12 295 3543 Supplies (ex other) 100 Acre 1 000 000 Survey Levees 100 Acre 1 500 500 Labor 100 Hrs 0701 1019 714 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27870 00238 662 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29782
Net Returns to Operating Expenses $15818
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3857 3857 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 964 964 Total Capital Recovery amp Overhead $6236
TOTAL EXPENSES $36018
NET RETURNS $9582
Value presented is at an assumed price received for herbicide resistant soybean
42
1
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 20-A Flood Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Make Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Airplane Custom Hire Fungicide 650 Remove Levees 225 hp MFWD One Round-Trip 002 004 000 000 004 001 011 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
43
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 21 2010 Soybean Budget Herbicide Resistant Drill Planted Center Pivot Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 50 912 45600
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 580 580 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 9 449 4037 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 27848 00238 661 Post-Harvest Expenses
Hauling 100 Bu 50 022 1100 Checkoff 100 Bu 50 003 150 Other Post-Harvest Expenses 100 Bu 50 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $29760
Net Returns to Operating Expenses $15840
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 4946 4946 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $9719
TOTAL EXPENSES $39479
NET RETURNS $6121
Value presented is at an assumed price received for herbicide resistant soybean
44
1
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 21-A Center Pivot Irrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
45
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 22 2010 Soybean Budget Herbicide Resistant Drill Planted No Irrigation 1
CROP VALUE Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 30 912 27360
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 4410 4410 Fertilizers
Nitrogen 100 Lbs 0 046 000 Phosphate (P2O5) 100 Lbs 35 045 1560 Potash (K2O) 100 Lbs 70 050 3500 Boron 100 Lbs 05 360 180 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 000 000
Herbicides 100 Acre 1 6327 6327 Insecticides 100 Acre 1 563 563 Fungicide Nematicide 100 Acre 1 1554 1554 Growth Regulator Harvest Aids Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 1 650 650 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3975 250 994 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 418 418 Diesel Fuel amp Lube Harvest 100 Gallons 3455 250 864 Repairs and Maintenance Harvest 100 Acre 1 622 622
Irrigation Diesel Fuel 100 Ac-In 0 000 000 Supplies (ex other) 100 Acre 1 000 000 Other Inputs 100 Acre 1 000 000 Labor 100 Hrs 0692 1019 705 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1303 1303 Interest 6 Months Annual Rate 475 100 Dollars 23650 00238 562 Post-Harvest Expenses
Hauling 100 Bu 30 022 660 Checkoff 100 Bu 30 003 090 Other Post-Harvest Expenses 100 Bu 30 000 000
Cash Rent Acre 1 0 000 Total Operating Expenses $24962
Net Returns to Operating Expenses $2398
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3819 3819 Irrigation Machinery amp Equipment Acre 1 000 000 Miscellaneous Overhead Acre 1 955 955 Total Capital Recovery amp Overhead $4774
TOTAL EXPENSES $29735
NET RETURNS -$2375
Value presented is at an assumed price received for herbicide resistant soybean
46
1
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 22-A Nonirrigated Soybean Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Field Cultivator 36 ft 225 hp MFWD Fall Tillage 085 113 038 008 105 041 390 Ditcher (Fall) 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide ( Burndown) 008 052 007 004 048 019 138 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Land Plane 17 ft 225 hp MFWD Tillage 028 198 010 014 183 071 504 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Tractor Mounted Sprayer 60 ft 125 hp MFWD Insecticide 008 052 007 004 048 019 138 Airplane Custom Hire Fungicide 650 Combine Head Grain Wagon (700 bu)
305 HP 25 ft Flex
225 hp MFWD
Harvest Harvest Harvest
1438 152 108 396
360 136 097 029
497
367
152
152
2447 288
1149
47
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Rice Budgets
for
2010 Planting
48
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 23 2010 Rice Budget Conventional Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 3404 3404 Fertilizers
Nitrogen 100 Lbs 150 046 6900 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 230 0024 552
Herbicides 100 Acre 1 6642 6642 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 3186 3186 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 5 650 3250 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 708 708 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 48123 00238 1143 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $59186
Net Returns to Operating Expenses $42100
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $67129
NET RETURNS $34157
Value presented is at an assumed price received for conventional rice varieties
49
1
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 23-A Rice Conventional Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
50
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 24 2010 Rice Budget Hybrid Variety Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 185 596 110223
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 14196 14196 Fertilizers
Nitrogen 100 Lbs 120 046 5520 Phosphate (P2O5) 100 Lbs 60 045 2674 Potash (K2O) 100 Lbs 90 050 4500 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Agrotain 100 Lbs 180 0024 432
Herbicides 100 Acre 1 7876 7876 Insecticides 100 Acre 1 435 435 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 1 550 550 Air Application Fertilizer amp Chemical 100 Appl 4 650 2600 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 3430 250 857 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 1240 1240 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 30 295 8858 Supplies (ex levee gates) 100 Acre 1 195 195 Survey Levees 100 Acre 1 550 550 Labor 100 Hrs 0874 1019 890 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 55345 00238 1314 Post-Harvest Expenses
Drying 100 Bu 185 035 6475 Hauling 100 Bu 185 022 4070 Checkoff 100 Bu 185 00135 250
Cash Rent Acre 1 0 000 Total Operating Expenses $67454
Net Returns to Operating Expenses $42769
CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 5223 5223 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 1306 1306 Total Capital Recovery amp Overhead $7944
TOTAL EXPENSES $75397
NET RETURNS $34826
Value presented is at an assumed price received for conventional rice varieties
51
1
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 24-A Rice Hybrid Variety Drill Planted Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Disk 37 ft 225 hp MFWD Fall Tillage 174 140 059 010 130 051 564 Land Plane 17 ft 225 hp MFWD Fall Tillage 028 198 010 014 183 071 504 Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Field Cultivator 36 ft 225 hp MFWD Tillage 085 113 038 008 105 041 390 Fertilizer Spreader 60 ft 225 hp MFWD Fertilizer 026 058 014 004 053 027 182 Grain Drill 35 ft 225 hp MFWD Plant 206 180 144 013 167 069 779 Roller 32 ft 225 hp MFWD Compact Soil 064 149 011 011 138 054 427 Tractor Mounted Sprayer 60 ft 125 hp MFWD Herbicide 008 052 007 004 048 019 138 Make Levees Plant Levees 225 hp MFWD Three Round-Trips 008 012 001 001 011 004 037 Levee Gates 125 hp MFWD Total Season Activities 004 004 000 000 004 011 023 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 ATV Spray Levees Custom Hire Herbicide 550 Flood Field Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012 Remove Levees 225 hp MFWD Two Round-Trips 005 008 001 001 008 003 026
52
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 25 2010 Rice Budget Zero Grade No Till Water Seeded Flood Irrigation
CROP VALUE1
Grower Unit Yield PriceUnit Revenue Your Farm
Crop Value 100 Bu 170 596 101286
OPERATING EXPENSES Unit Quantity PriceUnit Costs
Seed Includes All Fees 100 Acre 1 2700 2700 Fertilizers
Nitrogen 100 Lbs 180 046 8280 Phosphate (P2O5) 100 Lbs 0 045 000 Potash (K2O) 100 Lbs 0 050 000 Boron 100 Lbs 00 360 000 Sulfer 100 Lbs 0 022 000 Other Nutrients 100 Acre 00 0000 000
Herbicides 100 Acre 1 7953 7953 Insecticides 100 Acre 1 1139 1139 Fungicide 100 Acre 1 000 000 Other Chemicals 100 Acre 1 000 000 Custom Chemical amp Fertilizer Applications
Ground Application Fertilizer amp Chemical 100 Appl 0 550 000 Air Application Fertilizer amp Chemical 100 Appl 8 650 5200 Other Custom Hire 100 Appl 0 000 000
Machinery and Equipment Diesel Fuel amp Lube Pre amp Post Harvest 100 Gallons 0044 250 011 Repairs and Maintenance Pre amp Post Harvest 100 Acre 1 710 710 Diesel Fuel amp Lube Harvest 100 Gallons 6047 250 1512 Repairs and Maintenance Harvest 100 Acre 1 1107 1107
Irrigation Diesel Fuel 100 Ac-In 24 295 7087 Supplies (ex other) 100 Acre 1 000 000 Air Seeding of Rice 100 Acre 1 750 750 Labor 100 Hrs 0531 1019 541 ScoutingConsultant Fee 100 Acre 1 000 000 Other Expenses 100 Acre 1 000 000 Crop Insurance 100 Acre 1 1353 1353 Interest 6 Months Annual Rate 475 100 Dollars 38342 00238 911 Post-Harvest Expenses
Drying 100 Bu 170 035 5950 Hauling 100 Bu 170 022 3740 Checkoff 100 Bu 170 00135 230
Cash Rent Acre 1 0 000 Total Operating Expenses $49172 Net Returns to Operating Expenses $52114
2CAPITAL RECOVERY amp OVERHEAD
Pre-Harvest and Harvest Machinery Acre 1 3704 3704 Irrigation Machinery amp Equipment Acre 1 1415 1415 Miscellaneous Overhead Acre 1 926 926 Total Capital Recovery amp Overhead $6046
2TOTAL EXPENSES $55218
NET RETURNS $46068
1Value presented is at an assumed price received 2Expenses do not include amortorized expenses for land forming
53
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
Table 25-A Rice Zero Grade No Till Water Seeded Dollar per Acre Costs for Field Activities
Capital Recovery Repairs Field Trip Width Tractor Activity Equipment Tractor Equipment Tractor Fuel amp Lube Labor Total
Ditcher 125 hp MFWD Fall Tillage 007 012 001 001 011 008 040 Airplane Seed Custom Hire Plant 750 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Flood Field Airplane Custom Hire Insecticide 650 Airplane Custom Hire Herbicide 650 Airplane Custom Hire Fertilizer 650 Airplane Custom Hire Fungicide 650 Airplane Custom Hire Insecticide 650 Drain Field Combine Head Grain Wagon (700 bu)
305 HP 25 ft Rigid
225 hp MFWD
Harvest Harvest Harvest
2516 287 189 694
630 257 169 051
870
642
267
267
4283 544
2012
54
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
References
Edwards William Estimating Farm Machinery Costs Iowa State University University Extension Ames IA 2005
Federal Reserve System Agricultural Finance Databook- E15 Section A5 Washington DC September 2009 Available online httpwwwfederalreservegovreleasese15currentpdfafdr_a5pdf
Given William Using Machinery Costs to Make Decisions AG ECON 91-003 Cooperative Extension Service Extension Agricultural Economics The University of Georgia Athens GA March 1991
John Deere ldquoAgriculturerdquo Available online httpwwwdeerecomen_USdeerecomusa_canadahtml
Kay Ronald D and William M Edwards Farm Management Fourth Edition WCBMcGraw-Hill Boston MA 1999
Lazurus William F and Roger A Selly Suggested Procedures for Estimating Farm Machinery
Staff Paper P02-16 Department of Applied Economics College of Agricultural Food and Environmental Sciences University of Minnesota Minneapolis-St Paul MN December 2002
Richardson James W Joe L Outlaw George M Knapek J Marc Raulston Brian K Herbst David P Anderson Henry L Bryant Steven L Close and Peter Zimmel Representative Farms
Economic Outlook for the August 2009 FAPRIAFPC Baseline AFPC Briefing Paper 09-2 Agricultural and Food Policy Center The Texas AampM University System College Station TX September 2009
US Department of Agriculture National Agricultural Statistics Service Agricultural Prices
Washington DC April 2009
US Department of Agriculture National Agricultural Statistics Service Farm Labor
Washington DC November 2009
US Department of Commerce Bureau of Economic Analysis ldquoImplicit Price Deflators for the Gross Domestic Productrdquo Table 119 Washington DC November 2009 Available online httpwwwbeagovnationalnipawebIndexasp
55
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56
CUTOMIZED BUDGET INFORMATION FORM Expected Yield Crop Name Yield Unit
Plant Row Spacing Inches Tractor Field Trip Common Name of Number Rows Tractor
and Activity Description Implement Applied or Feet Width Horsepower 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Self-Propelled Number of Field Trips Boom Width Hi-Clearance Sprayer
Harvesting Equipment Number of Rows or Feet Width Tractor HP Harvester or Combine Head Boll Buggy or Grain Wagon
Module Builder Rotary Mower Stalk Shredder
Irrigation Method (Check one)
Furrow _____ Center Pivot _____ Flood _____ No Irrigation _____ Custom Applications (Number of applications for each type)
Airplane _____ Ground _____ Seed Detail
Item Unit Name Unit Price AmountAcre Seed Include Treatments Technology Fees
56