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Crop Acres 122 REVENUE Cotton Lint Cottonseed Total Revenue Quantity 1,250.00 0.89 Units Pound Ton $ Unit $0.63 $165.00 Total $787 50 $146.44 $933.94 Quantity

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Crop Acres 122 REVENUE Cotton Lint Cottonseed Total Revenue Quantity 1,250.00 0.89 Units Pound Ton $ Unit $0.63 $165.00 Total $787 50 $146.44 $933.94 Quantity Units S/Unit Total 1250 39.0625 1 1 Pound CWT Acre Acre 50.08 $2.90 $4.75 $9.00 $100.00 $113.28 $4.75 $9.00 50 125 Pound Pound 50.54 $0.38 $32.00 $47.50 1 1 1 02 Acre Acre Acre Acre $9.50 $4.50 $25.00 $15.00 $9.50 $4.50 $25.00 $3.00 1 25 Acre Bale $12.00 $0 00 $12.00 $0.00 1 Acre $40.00 $40.00 VARIABLE COSTS Production Costs Custom Strip and Module - Cotton Ginning - Cotton Fertilizer Application - Liquid High Scouting Fertilizer Fertilizer (P) - Liquid Fertilizer (N) - Liquid Herbicide Herbicide - Cotton Preplant Herbicide. Cotton At Plant Herbicide - Cotton Postplant Spot Spray and Chemical Insecticide Insecticide and Apply Cotton Boll Weevil Assessment Irrigated Miscellaneous Crop Insurance Cotton - Irrigated Seed Seed - Cotton Irrigated Other Chemicals Harvest Aid Apply Cotton Irrigated Other Labor Hoeing Irrigation Energy Cost Irrigation Labor Machinery Labor Tractor/Self-Propelled Other Labor Diesel Fuel Tractors Self-Propelled Gasoline Pickup/General Use Equipment Repairs & Maintenance Pickup/General Use Equipment Irrigation Equipment Tractors Self-Propelled Implements Interest on Credit Line Total Variable Costa Planned Returns Above Variable Costs: 40 Thousand $1.50 563.60 1 Acre $25.00 525.00 02 Acre $15.00 $3.00 1200 Acrench 1.00 Hour $10.00 $12.00 $120.00 $12.00 0.74 0.80 Hour Hour $12.00 $12.00 58.88 $10.32 4 Gallon $1.00 57.60 1 Acre $4.40 $4.40 + 1 1 1 Acre Acre Acre Acre 50 50 $21.00 58.00 $3.00 0.00% $0.50 $21.00 $6.00 $3.00 515 42 22.00 Quantity Unit S/Unit Total FIXED COSTS Equipment Costs Pickup/General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Management Fee, Owner/Operator Labor Cash Rent - Cotton irrigated Whole Farm Insurance Total Fixed Costs Total Specified Costs 1 1 1 1 1 1 1 Acre Acre Acre Acre Acre Acre Acre $1.25 $55.00 $12.00 $10.00 $25.00 $100.00 $2.00 $1.25 $55.00 $12.00 $10.00 525.00 $100.00 $200 15 Returns Above Specified Coats QUESTION 8 Using the attached enterprise budget for cotton, what is breakeven price to cover operating costs? Lint is the primary product HW4 Cotton Budget.pdf O a $0.61/1b Ob. 50.44/16 O c. $0.73/ib d. $0.56/b QUESTION 9 Using the attached enterprise budget for cotton, what is breakeven yield to cover operating costs? Lint is the primary product HW4 Cotton Budget.pdf O a 1206.44 lb b. 1113.10 lb O C. 1438.89 lb Od 880.65 lb QUESTION 10 Based on the attached enterprise budget for cotton should cotton be produced this year? HW4 Cotton Budget pdf O a. Yes, and make a profit O b Yes at a loss Oc No O d. Cannot be determined Crop Acres 122 REVENUE Cotton Lint Cottonseed Total Revenue Quantity 1,250.00 0.89 Units Pound Ton $ Unit $0.63 $165.00 Total $787 50 $146.44 $933.94 Quantity Units S/Unit Total 1250 39.0625 1 1 Pound CWT Acre Acre 50.08 $2.90 $4.75 $9.00 $100.00 $113.28 $4.75 $9.00 50 125 Pound Pound 50.54 $0.38 $32.00 $47.50 1 1 1 02 Acre Acre Acre Acre $9.50 $4.50 $25.00 $15.00 $9.50 $4.50 $25.00 $3.00 1 25 Acre Bale $12.00 $0 00 $12.00 $0.00 1 Acre $40.00 $40.00 VARIABLE COSTS Production Costs Custom Strip and Module - Cotton Ginning - Cotton Fertilizer Application - Liquid High Scouting Fertilizer Fertilizer (P) - Liquid Fertilizer (N) - Liquid Herbicide Herbicide - Cotton Preplant Herbicide. Cotton At Plant Herbicide - Cotton Postplant Spot Spray and Chemical Insecticide Insecticide and Apply Cotton Boll Weevil Assessment Irrigated Miscellaneous Crop Insurance Cotton - Irrigated Seed Seed - Cotton Irrigated Other Chemicals Harvest Aid Apply Cotton Irrigated Other Labor Hoeing Irrigation Energy Cost Irrigation Labor Machinery Labor Tractor/Self-Propelled Other Labor Diesel Fuel Tractors Self-Propelled Gasoline Pickup/General Use Equipment Repairs & Maintenance Pickup/General Use Equipment Irrigation Equipment Tractors Self-Propelled Implements Interest on Credit Line Total Variable Costa Planned Returns Above Variable Costs: 40 Thousand $1.50 563.60 1 Acre $25.00 525.00 02 Acre $15.00 $3.00 1200 Acrench 1.00 Hour $10.00 $12.00 $120.00 $12.00 0.74 0.80 Hour Hour $12.00 $12.00 58.88 $10.32 4 Gallon $1.00 57.60 1 Acre $4.40 $4.40 + 1 1 1 Acre Acre Acre Acre 50 50 $21.00 58.00 $3.00 0.00% $0.50 $21.00 $6.00 $3.00 515 42 22.00 Quantity Unit S/Unit Total FIXED COSTS Equipment Costs Pickup/General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Management Fee, Owner/Operator Labor Cash Rent - Cotton irrigated Whole Farm Insurance Total Fixed Costs Total Specified Costs 1 1 1 1 1 1 1 Acre Acre Acre Acre Acre Acre Acre $1.25 $55.00 $12.00 $10.00 $25.00 $100.00 $2.00 $1.25 $55.00 $12.00 $10.00 525.00 $100.00 $200 15 Returns Above Specified Coats QUESTION 8 Using the attached enterprise budget for cotton, what is breakeven price to cover operating costs? Lint is the primary product HW4 Cotton Budget.pdf O a $0.61/1b Ob. 50.44/16 O c. $0.73/ib d. $0.56/b QUESTION 9 Using the attached enterprise budget for cotton, what is breakeven yield to cover operating costs? Lint is the primary product HW4 Cotton Budget.pdf O a 1206.44 lb b. 1113.10 lb O C. 1438.89 lb Od 880.65 lb QUESTION 10 Based on the attached enterprise budget for cotton should cotton be produced this year? HW4 Cotton Budget pdf O a. Yes, and make a profit O b Yes at a loss Oc No O d. Cannot be determined

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