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Posted on Jul 11, 2024

Irrigated Com South Plains Extension District-2 Crop Acres 122 Units REVENUE Corn Total Revenue Quantity 210.00 $/Unit $4.30 Bushel Total $903.00 $903.00 Quantity Units S/Unit

Irrigated Com South Plains Extension District-2 Crop Acres 122 Units REVENUE Corn Total Revenue Quantity 210.00 $/Unit $4.30 Bushel Total $903.00 $903.00 Quantity Units S/Unit Total 1 210 1 1 1 Acre Bushel Acre Acre Acre $6.00 $0.35 $4.75 $4.00 $3.50 $6.00 $73.50 $4.75 $4.00 $3.50 120 108 150 Pound Pound Pound $0.38 50.39 $0.30 $45.60 $42.12 $45.73 1 Acre $45.00 $45.00 1 Acre $25.00 $25.00 1 Acre $15.50 $15.50 VARIABLE COSTS Production Costs Custom Crop Consultant Harvest and Haul - Com Fertilizer Application - Liquid High Fertilizer Application - Dry Fertilizer Application - NH3 Fertilizer Fertilizer (N) - Liquid Fertilizer (P). Dry Fertilizer (N) - NH3 Herbicide Herbicide and Apply Com Insecticide Insecticide and Apply Com Miscellaneous Crop Insurance Corn Irrigated Seed Seed . Com Irrigation Energy Cost Irrigation Labor Machinery Labor Tractors/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 Costs Planned Returns Above Variable Costs: 0.4375 Bag $272.00 $119.00 20.00 Acreinich 1.25 Hour $10.00 -$12.00 $200.00 $15.00 0.46 Hour 0.54 Hour $12.00 $12.00 $5.52 $5.48 2.4 Gallon $1.90 $4.56 1 Acre $440 $4.40 1 1 1 1 Acre Acre Acre Acre $0.50 $38.00 $6.00 $3.00 6.00% $0.50 $38.00 $8.00 $3.00 $12.58 317728 Quantity Units S/Unit Total FIXED COSTS Equipment Fixed Costs Pickup/General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Management Fee, Owner Operator Labor Cash Rent.Com Whole Farm Insurance Total Fixed Costs Total Specified Costs 1 1 1 1 1 1 1 Acre Acre Acre Acro Acre Acre Acre $1.25 $55,00 $12.00 $10.00 $25.00 $130.00 $2.00 $1.25 $55.00 $12.00 $10.00 $25.00 $130.00 $2.00 323525 Returns Above Specified Costs (557.97) TORSHUS O d. 168.77 bu QUESTION 3 Using the attached enterprise budget for com, what is breakeven price to cover operating costs? HW4 Com Budget pdf a $0.84/bu Ob $4.30/bu O c. $3.46/bu O d.$4.58/bu QUESTION 4 Using the attached enterprise budget for corn, what is breakeven yield to cover operating costs? HW4 Com Budget.pdf O a. 223.48 bu 6.41.23 bu O c. 168.77 bu d. 210 bu Irrigated Com South Plains Extension District-2 Crop Acres 122 Units REVENUE Corn Total Revenue Quantity 210.00 $/Unit $4.30 Bushel Total $903.00 $903.00 Quantity Units S/Unit Total 1 210 1 1 1 Acre Bushel Acre Acre Acre $6.00 $0.35 $4.75 $4.00 $3.50 $6.00 $73.50 $4.75 $4.00 $3.50 120 108 150 Pound Pound Pound $0.38 50.39 $0.30 $45.60 $42.12 $45.73 1 Acre $45.00 $45.00 1 Acre $25.00 $25.00 1 Acre $15.50 $15.50 VARIABLE COSTS Production Costs Custom Crop Consultant Harvest and Haul - Com Fertilizer Application - Liquid High Fertilizer Application - Dry Fertilizer Application - NH3 Fertilizer Fertilizer (N) - Liquid Fertilizer (P). Dry Fertilizer (N) - NH3 Herbicide Herbicide and Apply Com Insecticide Insecticide and Apply Com Miscellaneous Crop Insurance Corn Irrigated Seed Seed . Com Irrigation Energy Cost Irrigation Labor Machinery Labor Tractors/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 Costs Planned Returns Above Variable Costs: 0.4375 Bag $272.00 $119.00 20.00 Acreinich 1.25 Hour $10.00 -$12.00 $200.00 $15.00 0.46 Hour 0.54 Hour $12.00 $12.00 $5.52 $5.48 2.4 Gallon $1.90 $4.56 1 Acre $440 $4.40 1 1 1 1 Acre Acre Acre Acre $0.50 $38.00 $6.00 $3.00 6.00% $0.50 $38.00 $8.00 $3.00 $12.58 317728 Quantity Units S/Unit Total FIXED COSTS Equipment Fixed Costs Pickup/General Use Equipment Irrigation Equipment Tractors/Self-Propelled Implements Management Fee, Owner Operator Labor Cash Rent.Com Whole Farm Insurance Total Fixed Costs Total Specified Costs 1 1 1 1 1 1 1 Acre Acre Acre Acro Acre Acre Acre $1.25 $55,00 $12.00 $10.00 $25.00 $130.00 $2.00 $1.25 $55.00 $12.00 $10.00 $25.00 $130.00 $2.00 323525 Returns Above Specified Costs (557.97) TORSHUS O d. 168.77 bu QUESTION 3 Using the attached enterprise budget for com, what is breakeven price to cover operating costs? HW4 Com Budget pdf a $0.84/bu Ob $4.30/bu O c. $3.46/bu O d.$4.58/bu QUESTION 4 Using the attached enterprise budget for corn, what is breakeven yield to cover operating costs? HW4 Com Budget.pdf O a. 223.48 bu 6.41.23 bu O c. 168.77 bu d. 210 bu