TABLE 13. Midseason yellow onions, flood-irrigated, budgeted per acre costs and returns for a farm with above
average management , Dona Ana and Sierra Counties, 2001.
Planting Dates: January 1 - January 31
Harvest Dates: July 1 - July 31
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ITEM PRICE YIELD TOTAL
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GROSS RETURNS
MIDSEASON YELLOWS $6.25 675.00 SACKS $4,218.75
_______
TOTAL $4,218.75
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PURCHASED
PURCHASED INPUTS PRICE QUANTITY INPUTS TOTAL
--------- ------ ----- ------- ----- ------ ------
SEED $85.00 4 LBS $340.00 $340.00
NITROGEN (N) $0.42 450 LBS $189.00 $189.00
PHOSPHATE (P205) $0.39 180 LBS $70.20 $70.20
HERBICIDE $61.68 1 X/ACRE $61.68 $61.68
INSECTICIDE $72.31 1 X/ACRE $72.31 $72.31
PUMP WATER* 6 AC. IN.
CANAL WATER 42 AC. IN. $69.00 $69.00
______ ______
SUBTOTAL $802.19 $802.19
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 $0.44 $0.01 $2.17 $7.08
ROD WEEDER 40 HP 0.08 HR $0.48 $0.32 $0.10 $1.52 $2.42
ROLLING CULT 40 HP 0.21 HR $1.25 $0.85 $0.11 $0.06 $2.27
VEG PLANT-SHAPER 140 HP 0.26 HR $1.55 $2.76 $1.98 $5.62 $11.90
CULT & SIDEDRESS (3X) 140 HP 0.99 HR $5.89 $10.50 $5.92 $15.81 $38.12
ROLLING CULT (2X) 40 HP 0.42 HR $2.50 $1.70 $0.21 $0.43 $4.84
HOE (CUSTOM) $120.00 $120.00
ROTO BUCK (9X) 40 HP 0.14 HR $0.80 $0.55 $0.09 $0.84 $2.28
IRRIGATE (11X) 5.50 HR $32.73 $4.81 $0.15 $23.85 $61.53
_______ ___ ______ ______ ______ ______ ______ _______
SUBTOTAL 9.75 HR $193.33 $57.98 $36.76 $17.38 $73.69 $379.14
HARVEST OPERATIONS
------- ----------
ONION KNIVES 140 HP 0.27 HR $1.61 $2.86 $1.53 $5.45 $11.45
HARVEST & HAUL (CUSTOM) $742.50 $742.50
BAG RENTAL $67.50 $67.50
FIELD LOAD $0.00 $0.00
PROCESSING $1,283 $1,283
CONTAINER CHARGE $270.00 $270.00
BROKERAGE (CUSTOM) $379.69 $379.69
_______ ___ ______ ______ ______ ______ ______ _______
SUBTOTAL 0.27 HR ********* $1.61 $2.86 $1.53 $5.45 $2,753.64
OVERHEAD EXPENSES
-------- --------
DOWNTIME 0.40 HR $2.37 $2.37
EMPLOYEE BENEFITS $10.73 $10.73
INSURANCE $1.19 $1.19
LAND TAXES $9.38 $9.38
SUPERVISION AND MANAGEMENT $150.15 $150.15
OTHER EXPENSES $66.11 $66.11
_______ ___ ______ ______ ______ ______
SUBTOTAL 0.40 HR $67.30 $163.24 $9.38 $239.92
------- --- ------- ------ ------ ------ ------ -------
TOTAL OPERATING EXPENSES 10.41 HR ********* $222.83 $39.62 $18.91 $88.51 $4,174.89
NET OPERATING PROFIT $43.86
INTEREST ON OPERATING CAPITAL ( $691.48 @ 9.00%) $62.23
INTEREST ON EQUIPMENT INVESTMENT $34.16
RETURN TO LAND AND RISK ($52.53)
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*Pump water costs are shown under irrigation in the preharvest operation section.
BUDGET SUMMARY
GROSS RETURN $4,218.75 VARIABLE OPERATING EXPENSES $3,863.55 RETURN OVER VARIABLE EXPENSES $355.20 (GROSS MARGIN) FIXED EXPENSES $88.51 NET FARM INCOME $266.69 (RETURN TO CAPITAL, LABOR, LAND & RISK) LABOR AND MANAGEMENT COST $222.83 NET OPERATING PROFIT $43.86 (RETURN TO CAPITAL, LAND & RISK) CAPITAL COSTS $96.39 RETURN TO LAND AND RISK ($52.53) =========================================================================================================