TABLE 15. Green chile, flood-irrigated, budgeted per acre costs and returns for a farm with above average
management, Dona Ana and Sierra Counties, 2001.
Planting Dates: March 15 - April 10
Harvest Dates: August 15 - November 30
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ITEM PRICE YIELD TOTAL
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GROSS RETURNS
GREEN $280.00 11.00 TONS $3,080.00
RED $0.00 0.00 LBS $0.00
_________
TOTAL $3,080.00
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PURCHASED
PURCHASED INPUTS PRICE QUANTITY INPUTS TOTAL
--------- ------ ------ ------- ----- ------- ------
SEED $21.00 5 LBS $105.00 $105.00
NITROGEN (N) $0.42 300 LBS $126.00 $126.00
PHOSPHATE (P205) $0.39 70 LBS $27.30 $27.30
HERBICIDE $70.63 1 X/ACRE $70.63 $70.63
INSECTICIDE $43.99 1 X/ACRE $43.99 $43.99
NEMATICIDE (CUSTOM) $43.41 1 X/ACRE $43.41 $43.41
CROP INSURANCE 600 DOLLARS $40.00 $40.00
PUMP WATER* 0 AC. IN.
CANAL WATER 55 AC. IN. $86.33 $86.33
_______ _______
SUBTOTAL $542.66 $542.66
POWER ACCOMPLISHMENT PURCHASED FUEL FIXED
PREHARVEST OPERATIONS UNIT RATE INPUTS LABOR &OIL REPAIRS COST TOTAL
---------- ------- --- --------------- --------------- ---------- ----- ----- ------ ----- ------
DISC 140 HP 0.14 HR $0.83 $1.48 $0.70 $2.20 $5.22
CHISEL 140 HP 0.20 HR $1.19 $2.12 $1.15 $3.15 $7.61
PLOW 140 HP 0.38 HR $2.26 $4.03 $2.76 $6.75 $15.81
DISC (2X) 140 HP 0.28 HR $1.67 $2.97 $1.41 $4.40 $10.44
LASER PLANE (CUSTOM) $73.33 $73.33
FERTILIZE 140 HP 0.05 HR $0.30 $0.53 $0.25 $0.68 $1.76
DISC & SPRAY 140 HP 0.17 HR $1.01 $1.80 $1.44 $3.08 $7.34
LISTER 140 HP 0.18 HR $1.07 $1.91 $1.08 $3.13 $7.19
PRE-IRRIGATE 0.75 HR $4.46 $0.00 $0.00 $0.00 $4.46
ROLLING CULT 40 HP 0.21 HR $1.25 $0.85 $0.11 $0.21 $2.42
VEG PLANT-SHAPER 140 HP 0.26 HR $1.55 $2.76 $1.98 $5.62 $11.90
ROLLING CULT (2X) 40 HP 0.42 HR $2.50 $1.70 $0.21 $0.43 $4.84
CULTIVATOR (3X) 40 HP 0.63 HR $3.75 $2.54 $0.32 $0.64 $7.26
CULT & SIDEDRESS (2X) 140 HP 0.66 HR $3.93 $7.00 $3.94 $10.54 $25.41
THINNING (CUSTOM) $70.00 $70.00
HOEING (CUSTOM) $80.00 $80.00
ROTO BUCK (7X) 40 HP 0.11 HR $0.62 $0.42 $0.07 $0.65 $1.78
IRRIGATE (10X) 5.00 HR $29.75 $0.00 $0.00 $0.00 $29.75
_______ ___ _______ _______ ______ ______ ______ _______
SUBTOTAL 9.44 HR $223.33 $56.14 $30.11 $15.44 $41.49 $366.51
HARVEST OPERATIONS
------- -----------
HARVEST GREEN (CUSTOM) $990.00 $990.00
HARVEST RED (CUSTOM) $0.00 $0.00
HAUL (TRAILER) (3X) 40 HP 2.40 HR $14.28 $9.69 $1.73 $5.73 $31.43
FORK LIFT (3X) RENTAL 1.05 HR $10.00 $6.25 $16.25
HAUL (CUSTOM) $137.50 $137.50
_______ ___ _______ _______ ______ ______ _______ _______
SUBTOTAL 3.45 HR $1,137.50 $20.53 $9.69 $1.73 $5.73 $1,175.18
POSTHARVEST OPERATIONS
----------- ----------
SHREDDER 40 HP 0.29 HR $1.73 $1.17 $0.44 $0.87 $4.20
OVERHEAD EXPENSES
-------- --------
DOWNTIME 1.86 HR $11.04 $11.04
EMPLOYEE BENEFITS $14.11 $14.11
INSURANCE $1.57 $1.57
LAND TAXES $9.38 $9.38
SUPERVISION AND MANAGEMENT $129.43 $129.43
OTHER EXPENSES $66.11 $66.11
_______ ___ ______ _______ _______ _______
SUBTOTAL 1.86 HR $67.68 $154.58 $9.38 $231.64
-------- --- --------- ------- ------- ------- ------- ---------
TOTAL OPERATING EXPENSES 15.03 HR $1,971.17 $232.97 $40.98 $17.61 $57.46 $2,320.20
NET OPERATING PROFIT $759.80
INTEREST ON OPERATING CAPITAL ( $434.43 @ 9.00%) $39.10
INTEREST ON EQUIPMENT INVESTMENT $25.73
RETURN TO LAND AND RISK $694.97
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*Pump water costs are shown under irrigation in the preharvest operation section.
BUDGET SUMMARY
GROSS RETURN $3,080.00 VARIABLE OPERATING EXPENSES $2,029.76 RETURN OVER VARIABLE EXPENSES $1,050.24 (GROSS MARGIN) FIXED EXPENSES $57.46 NET FARM INCOME $992.78 (RETURN TO CAPITAL, LABOR, LAND & RISK) LABOR AND MANAGEMENT COST $232.97 NET OPERATING PROFIT $759.80 (RETURN TO CAPITAL, LAND & RISK) CAPITAL COSTS $64.83 RETURN TO LAND AND RISK $694.97 =============================================================================================================