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Estimating 2006 Costs of Production Early Season, Non-Irrigated, Roundup Ready AG-930-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture Chris Tingle, Extension Agronomist-Soybeans _______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 25.0000 3.75 _________ OPERATOR LABOR Implements hour 8.12 0.1803 1.45 _________ Tractors hour 8.12 0.4048 3.28 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ DIESEL FUEL Tractors gal 2.20 3.6531 8.03 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ REPAIR & MAINTENANCE Implements acre 2.50 1.0000 2.50 _________ Tractors acre 1.31 1.0000 1.31 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ INTEREST ON OP. CAP. acre 4.10 1.0000 4.10 _________ --------- TOTAL DIRECT EXPENSES 126.72 _________ FIXED EXPENSES Implements acre 5.39 1.0000 5.39 _________ Tractors acre 9.63 1.0000 9.63 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ --------- TOTAL FIXED EXPENSES 27.54 _________ --------- TOTAL SPECIFIED EXPENSES 154.26 _________ Visit our web site at: http://www.uaex.edu View or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

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Estimating 2006 Costs of Production

Early Season, Non-Irrigated, Roundup Ready AG-930-12-05

C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 25.0000 3.75 _________ OPERATOR LABOR Implements hour 8.12 0.1803 1.45 _________ Tractors hour 8.12 0.4048 3.28 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ DIESEL FUEL Tractors gal 2.20 3.6531 8.03 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ REPAIR & MAINTENANCE Implements acre 2.50 1.0000 2.50 _________ Tractors acre 1.31 1.0000 1.31 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ INTEREST ON OP. CAP. acre 4.10 1.0000 4.10 _________ --------- TOTAL DIRECT EXPENSES 126.72 _________ FIXED EXPENSES Implements acre 5.39 1.0000 5.39 _________ Tractors acre 9.63 1.0000 9.63 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ --------- TOTAL FIXED EXPENSES 27.54 _________ --------- TOTAL SPECIFIED EXPENSES 154.26 _________

Visit our web site at: http://www.uaex.eduView or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp

University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Non-Irrigated, Roundup Ready, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Triple K 26.57' MFWD 190 0.052 1.00 Apr 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed RR lb 60.0000 0.63 38.10 38.10 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Cstm ap grd herbicid acre 1.00 May 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Triple K 26.57' MFWD 190 0.052 1.00 May 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 25.0000 0.15 3.75 3.75 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 16.47 22.15 2.50 5.39 0.75 6.08 97.57 150.16 INTEREST ON OPERATING CAPITAL 4.10 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 154.26

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-930-12-05

Estimating 2006 Costs of Production Early Season, Furrow Irrigation, Roundup Ready

AG-932-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ IRRIGATION SUPPLIES Flex irrigation tube acre 5.75 1.0000 5.75 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.2078 1.67 _________ Tractors hour 8.12 0.5423 4.40 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Furrow Irrigation hour 8.12 0.3318 2.68 _________ DIESEL FUEL Tractors gal 2.20 4.5731 10.05 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Furrow Irrigation gal 2.20 12.0000 26.40 _________ REPAIR & MAINTENANCE Implements acre 3.92 1.0000 3.92 _________ Tractors acre 1.61 1.0000 1.61 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Furrow Irrigation 1ac-in 0.23 12.0000 2.76 _________ INTEREST ON OP. CAP. acre 5.17 1.0000 5.17 _________ --------- TOTAL DIRECT EXPENSES 173.46 _________ FIXED EXPENSES Implements acre 8.03 1.0000 8.03 _________ Tractors acre 11.83 1.0000 11.83 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Furrow Irrigation each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 51.73 _________ --------- TOTAL SPECIFIED EXPENSES 225.19 _________

Visit our web site at: http://www.uaex.eduView or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp

University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Furrow Irrigation, Roundup Ready, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Triple K 26.57' MFWD 190 0.052 1.00 Apr 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed RR lb 60.0000 0.63 38.10 38.10 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Row cult 13r@19" 23.75' 2WD 130 0.068 1.00 May 1.16 1.10 0.71 1.32 0.08 0.67 4.96 Cstm ap grd herbicid acre 1.00 May 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Row cult 13r@19" 23.75' 2WD 130 0.068 1.00 May 1.16 1.10 0.71 1.32 0.08 0.67 4.96 Triple K 26.57' MFWD 190 0.052 1.00 May 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Flex irrigation tube acre 1.00 Jun 1.0000 5.75 5.75 5.75 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Furrow Irrigation each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 7.29 0.08 0.67 3.0000 7.96 Application 2 1ac-in 1.00 Jun 7.29 0.08 0.67 3.0000 7.96 Application 3 1ac-in 1.00 Jul 7.29 0.08 0.67 3.0000 7.96 Application 4 1ac-in 1.00 Jul 7.29 0.08 0.67 3.0000 7.96 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 18.79 24.35 33.08 27.38 1.24 10.10 106.32 220.02 INTEREST ON OPERATING CAPITAL 5.17 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 225.19

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-932-12-05

Estimating 2006 Costs of Production Early Season, Border Irrigation, Roundup Ready

AG-933-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ MISC. IRRIGATION Flex irrigation tube acre 5.75 1.0000 5.75 _________ OPERATOR LABOR Implements hour 8.12 0.1999 1.61 _________ Tractors hour 8.12 0.5126 4.16 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Border Irrigation hour 8.12 0.2036 1.65 _________ DIESEL FUEL Tractors gal 2.20 4.5963 10.11 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Border Irrigation gal 2.20 9.0000 19.80 _________ REPAIR & MAINTENANCE Implements acre 2.67 1.0000 2.67 _________ Tractors acre 1.61 1.0000 1.61 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Border Irrigation 1ac-in 0.23 9.0000 2.07 _________ INTEREST ON OP. CAP. acre 4.93 1.0000 4.93 _________ --------- TOTAL DIRECT EXPENSES 163.41 _________ FIXED EXPENSES Implements acre 5.80 1.0000 5.80 _________ Tractors acre 11.89 1.0000 11.89 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Border Irrigation each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 49.56 _________ --------- TOTAL SPECIFIED EXPENSES 212.97 _________

Visit our web site at: http://www.uaex.eduView or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp

University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Border Irrigation, Roundup Ready, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Triple K 26.57' MFWD 190 0.052 1.00 Apr 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed RR lb 60.0000 0.63 38.10 38.10 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Cstm ap grd herbicid acre 1.00 May 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Triple K 26.57' MFWD 190 0.052 1.00 May 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Flex irrigation tube acre 1.00 Jun 1.0000 5.75 5.75 5.75 Levee disk-build 9' 2WD 170 0.196 0.50 Jun 2.38 2.26 0.17 0.41 0.12 1.04 6.26 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Border Irrigation each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 7.29 0.06 0.55 3.0000 7.84 Application 2 1ac-in 1.00 Jun 7.29 0.06 0.55 3.0000 7.84 Application 3 1ac-in 1.00 Jul 7.29 0.06 0.55 3.0000 7.84 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 18.85 24.41 24.54 25.15 1.08 8.77 106.32 208.04 INTEREST ON OPERATING CAPITAL 4.93 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 212.97

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-933-12-05

Estimating 2006 Costs of Production Early Season, Center Pivot, Roundup Ready

AG-934-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.1803 1.45 _________ Tractors hour 8.12 0.4048 3.28 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Center Pivot hour 8.12 0.1624 1.33 _________ DIESEL FUEL Tractors gal 2.20 3.6531 8.03 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Center Pivot gal 2.20 14.0000 30.80 _________ REPAIR & MAINTENANCE Implements acre 2.50 1.0000 2.50 _________ Tractors acre 1.31 1.0000 1.31 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Center Pivot 1ac-in 0.93 7.0000 6.58 _________ INTEREST ON OP. CAP. acre 5.14 1.0000 5.14 _________ --------- TOTAL DIRECT EXPENSES 169.47 _________ FIXED EXPENSES Implements acre 5.39 1.0000 5.39 _________ Tractors acre 9.63 1.0000 9.63 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Center Pivot each 7431.49 0.0083 61.93 _________ --------- TOTAL FIXED EXPENSES 89.47 _________ --------- TOTAL SPECIFIED EXPENSES 258.94 _________

Visit our web site at: http://www.uaex.eduView or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp

University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Center Pivot, Roundup Ready, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Triple K 26.57' MFWD 190 0.052 1.00 Apr 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed RR lb 60.0000 0.63 38.10 38.10 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Cstm ap grd herbicid acre 1.00 May 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Triple K 26.57' MFWD 190 0.052 1.00 May 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Center Pivot each 1.00 May 61.93 0.0083 61.93 Application 1 1ac-in 1.00 May 5.34 0.02 0.19 1.0000 5.53 Application 2 1ac-in 1.00 May 5.34 0.02 0.19 1.0000 5.53 Application 3 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 4 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 5 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 6 1ac-in 1.00 Jul 5.34 0.02 0.19 1.0000 5.53 Application 7 1ac-in 1.00 Jul 5.34 0.02 0.19 1.0000 5.53 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 16.47 22.15 39.88 67.32 0.91 7.41 100.57 253.80 INTEREST ON OPERATING CAPITAL 5.14 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 258.94

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-934-12-05

Estimating 2006 Costs of Production Early Season, Flood Irrigation, Roundup Ready

AG-935-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 2.0000 9.50 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES glyphosate pint 1.78 3.0000 5.36 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed RR lb 0.63 60.0000 38.10 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.3372 2.74 _________ Tractors hour 8.12 1.2678 10.29 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Flood Irr. Soybeans hour 8.12 0.1005 0.81 _________ DIESEL FUEL Tractors gal 2.20 10.1203 22.25 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Flood Irr. Soybeans gal 2.20 10.0000 22.00 _________ REPAIR & MAINTENANCE Implements acre 3.32 1.0000 3.32 _________ Tractors acre 3.45 1.0000 3.45 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Flood Irr. Soybeans 1ac-in 0.19 10.0000 1.99 _________ INTEREST ON OP. CAP. acre 5.53 1.0000 5.53 _________ --------- TOTAL DIRECT EXPENSES 181.43 _________ FIXED EXPENSES Implements acre 7.79 1.0000 7.79 _________ Tractors acre 25.43 1.0000 25.43 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Flood Irr. Soybeans each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 65.09 _________ --------- TOTAL SPECIFIED EXPENSES 246.52 _________

Visit our web site at: http://www.uaex.edu

View or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp University of Arkansas, United States Department of Agriculture and County Governments Cooperating

The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Flood Irrigation, Roundup Ready, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Triple K 26.57' MFWD 190 0.052 1.00 Apr 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed RR lb 60.0000 0.63 38.10 38.10 Land float 16'x56' MFWD 190 0.138 2.00 Apr 7.62 8.15 0.19 0.80 0.35 2.92 19.68 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Cstm ap grd herbicid acre 1.00 May 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Triple K 26.57' MFWD 190 0.052 1.00 May 1.44 1.54 0.27 0.63 0.06 0.54 4.42 Row cult 8r@30" 20' 2WD 150 0.129 1.00 May 2.77 2.61 0.30 0.55 0.16 1.36 7.59 Levee disk-build 9' 2WD 170 0.196 0.15 Jun 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jun 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jun 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 glyphosate pint 1.5000 1.78 2.68 2.68 Levee disk-build 9' 2WD 170 0.196 0.15 Jun 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jun 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jun 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Levee disk-build 9' 2WD 170 0.196 0.15 Jul 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jul 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jul 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Flood Irr. Soybeans each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 9.59 0.04 0.33 4.0000 9.92 Application 2 1ac-in 1.00 Jun 7.20 0.03 0.24 3.0000 7.44 Application 3 1ac-in 1.00 Jul 7.20 0.03 0.24 3.0000 7.44 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 32.83 37.95 27.31 27.14 1.87 15.19 100.57 240.99 INTEREST ON OPERATING CAPITAL 5.53 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 246.52

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-935-12-05

Estimating 2006 Costs of Production Early Season, Non-Irrigated, Conventional

AG-936-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 1.0000 4.75 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES Dual Magnum pt 12.19 1.5000 18.29 _________ Canopy SP oz 1.39 3.0000 4.17 _________ Storm pt 10.10 1.0000 10.11 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed Private lb 0.38 60.0000 22.80 _________ ADJUVANTS Surfactant pt 1.15 0.4000 0.46 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 25.0000 3.75 _________ OPERATOR LABOR Implements hour 8.12 0.2025 1.64 _________ Tractors hour 8.12 0.3850 3.13 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ DIESEL FUEL Tractors gal 2.20 3.4594 7.61 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ REPAIR & MAINTENANCE Implements acre 2.45 1.0000 2.45 _________ Tractors acre 1.23 1.0000 1.23 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ INTEREST ON OP. CAP. acre 4.15 1.0000 4.15 _________ --------- TOTAL DIRECT EXPENSES 133.88 _________ FIXED EXPENSES Implements acre 5.16 1.0000 5.16 _________ Tractors acre 9.09 1.0000 9.09 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ --------- TOTAL FIXED EXPENSES 26.77 _________ --------- TOTAL SPECIFIED EXPENSES 160.65 _________

Visit our web site at: http://www.uaex.eduView or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp

University of Arkansas, United States Department of Agriculture and County Governments Cooperating The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Non-Irrigated, Conventional 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed Private lb 60.0000 0.38 22.80 22.80 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Triple K w/sprayer 26.67' MFWD 190 0.086 1.00 May 2.38 2.54 0.49 1.03 0.13 1.12 7.56 Dual Magnum pt 1.5000 12.19 18.29 18.29 Canopy SP oz 3.0000 1.39 4.17 4.17 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 Storm pt 1.0000 10.10 10.11 10.11 Surfactant pt 0.4000 1.15 0.46 0.46 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 25.0000 0.15 3.75 3.75 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 15.97 21.61 2.45 5.16 0.75 6.12 105.19 156.50 INTEREST ON OPERATING CAPITAL 4.15 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 160.65

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-936-12-05

Estimating 2006 Costs of Production Early Season, Furrow Irrigation, Conventional

AG-937-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 1.0000 4.75 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES Dual Magnum pt 12.19 1.5000 18.29 _________ Canopy SP oz 1.39 3.0000 4.17 _________ Storm pt 10.10 1.0000 10.11 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ IRRIGATION SUPPLIES Flex irrigation tube acre 5.75 1.0000 5.75 _________ SEED/PLANTS Soybean Seed Private lb 0.38 60.0000 22.80 _________ ADJUVANTS Surfactant pt 1.15 0.4000 0.46 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.2300 1.86 _________ Tractors hour 8.12 0.5225 4.25 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Furrow Irrigation hour 8.12 0.3318 2.68 _________ DIESEL FUEL Tractors gal 2.20 4.5211 9.95 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Furrow Irrigation gal 2.20 12.0000 26.40 _________ REPAIR & MAINTENANCE Implements acre 3.87 1.0000 3.87 _________ Tractors acre 1.59 1.0000 1.59 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Furrow Irrigation 1ac-in 0.23 12.0000 2.76 _________ INTEREST ON OP. CAP. acre 5.24 1.0000 5.24 _________ --------- TOTAL DIRECT EXPENSES 181.02 _________ FIXED EXPENSES Implements acre 7.80 1.0000 7.80 _________ Tractors acre 11.63 1.0000 11.63 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Furrow Irrigation each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 51.30 _________ --------- TOTAL SPECIFIED EXPENSES 232.32 _________

Visit our web site at: http://www.uaex.edu

View or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp University of Arkansas, United States Department of Agriculture and County Governments Cooperating

The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Furrow Irrigation, Conventional 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed Private lb 60.0000 0.38 22.80 22.80 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Row cult 13r@19" 23.75' 2WD 150 0.068 1.00 May 1.35 1.27 0.71 1.32 0.08 0.67 5.32 Triple K w/sprayer 26.67' MFWD 190 0.086 1.00 May 2.38 2.54 0.49 1.03 0.13 1.12 7.56 Dual Magnum pt 1.5000 12.19 18.29 18.29 Canopy SP oz 3.0000 1.39 4.17 4.17 Row cult 13r@19" 23.75' 2WD 150 0.068 1.00 May 1.35 1.27 0.71 1.32 0.08 0.67 5.32 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 Storm pt 1.0000 10.10 10.11 10.11 Surfactant pt 0.4000 1.15 0.46 0.46 Flex irrigation tube acre 1.00 Jun 1.0000 5.75 5.75 5.75 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Furrow Irrigation each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 7.29 0.08 0.67 3.0000 7.96 Application 2 1ac-in 1.00 Jun 7.29 0.08 0.67 3.0000 7.96 Application 3 1ac-in 1.00 Jul 7.29 0.08 0.67 3.0000 7.96 Application 4 1ac-in 1.00 Jul 7.29 0.08 0.67 3.0000 7.96 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 18.67 24.15 33.03 27.15 1.25 10.14 113.94 227.08 INTEREST ON OPERATING CAPITAL 5.24 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 232.32

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-937-12-05

Estimating 2006 Costs of Production Early Season, Border Irrigation, Conventional

AG-938-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 1.0000 4.75 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES Dual Magnum pt 12.19 1.5000 18.29 _________ Canopy SP oz 1.39 3.0000 4.17 _________ Storm pt 10.10 1.0000 10.11 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ IRRIGATION SUPPLIES Flex irrigation tube acre 5.75 1.0000 5.75 _________ SEED/PLANTS Soybean Seed Private lb 0.38 60.0000 22.80 _________ ADJUVANTS Surfactant pt 1.15 0.4000 0.46 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.2221 1.80 _________ Tractors hour 8.12 0.4928 4.01 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Border Irrigation hour 8.12 0.2036 1.65 _________ DIESEL FUEL Tractors gal 2.20 4.4027 9.69 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Border Irrigation gal 2.20 9.0000 19.80 _________ REPAIR & MAINTENANCE Implements acre 2.62 1.0000 2.62 _________ Tractors acre 1.53 1.0000 1.53 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Border Irrigation 1ac-in 0.23 9.0000 2.07 _________ INTEREST ON OP. CAP. acre 4.98 1.0000 4.98 _________ --------- TOTAL DIRECT EXPENSES 170.57 _________ FIXED EXPENSES Implements acre 5.57 1.0000 5.57 _________ Tractors acre 11.35 1.0000 11.35 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Border Irrigation each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 48.79 _________ --------- TOTAL SPECIFIED EXPENSES 219.36 _________

Visit our web site at: http://www.uaex.edu

View or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp University of Arkansas, United States Department of Agriculture and County Governments Cooperating

The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Border Irrigation, Conventional, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed Private lb 60.0000 0.38 22.80 22.80 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Triple K w/sprayer 26.67' MFWD 190 0.086 1.00 May 2.38 2.54 0.49 1.03 0.13 1.12 7.56 Dual Magnum pt 1.5000 12.19 18.29 18.29 Canopy SP oz 3.0000 1.39 4.17 4.17 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 Storm pt 1.0000 10.10 10.11 10.11 Surfactant pt 0.4000 1.15 0.46 0.46 Flex irrigation tube acre 1.00 Jun 1.0000 5.75 5.75 5.75 Levee disk-build 9' 2WD 170 0.196 0.50 Jun 2.38 2.26 0.17 0.41 0.12 1.04 6.26 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Border Irrigation each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 7.29 0.06 0.55 3.0000 7.84 Application 2 1ac-in 1.00 Jun 7.29 0.06 0.55 3.0000 7.84 Application 3 1ac-in 1.00 Jul 7.29 0.06 0.55 3.0000 7.84 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 18.35 23.87 24.49 24.92 1.08 8.81 113.94 214.38 INTEREST ON OPERATING CAPITAL 4.98 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 219.36

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-938-12-05

Estimating 2006 Costs of Production Early Season, Center Pivot, Conventional

AG-939-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 1.0000 4.75 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES Dual Magnum pt 12.19 1.5000 18.29 _________ Canopy SP oz 1.39 3.0000 4.17 _________ Storm pt 10.10 1.0000 10.11 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed Private lb 0.38 60.0000 22.80 _________ ADJUVANTS Surfactant pt 1.15 0.4000 0.46 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.2025 1.64 _________ Tractors hour 8.12 0.3850 3.13 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Center Pivot hour 8.12 0.1624 1.33 _________ DIESEL FUEL Tractors gal 2.20 3.4594 7.61 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Center Pivot gal 2.20 14.0000 30.80 _________ REPAIR & MAINTENANCE Implements acre 2.45 1.0000 2.45 _________ Tractors acre 1.23 1.0000 1.23 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Center Pivot 1ac-in 0.93 7.0000 6.58 _________ INTEREST ON OP. CAP. acre 5.19 1.0000 5.19 _________ --------- TOTAL DIRECT EXPENSES 176.63 _________ FIXED EXPENSES Implements acre 5.16 1.0000 5.16 _________ Tractors acre 9.09 1.0000 9.09 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Center Pivot each 7431.49 0.0083 61.93 _________ --------- TOTAL FIXED EXPENSES 88.70 _________ --------- TOTAL SPECIFIED EXPENSES 265.33 _________

Visit our web site at: http://www.uaex.edu

View or print all of the Arkansas crop budgets at http://www.aragriculture.org/farmplanning/budgets/default.asp University of Arkansas, United States Department of Agriculture and County Governments Cooperating

The Arkansas Cooperative Extension Service 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 Equal Opportunity Employer.

Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Center Pivot, Conventional, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed Private lb 60.0000 0.38 22.80 22.80 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Triple K w/sprayer 26.67' MFWD 190 0.086 1.00 May 2.38 2.54 0.49 1.03 0.13 1.12 7.56 Dual Magnum pt 1.5000 12.19 18.29 18.29 Canopy SP oz 3.0000 1.39 4.17 4.17 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 Storm pt 1.0000 10.10 10.11 10.11 Surfactant pt 0.4000 1.15 0.46 0.46 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Center Pivot each 1.00 May 61.93 0.0083 61.93 Application 1 1ac-in 1.00 May 5.34 0.02 0.19 1.0000 5.53 Application 2 1ac-in 1.00 May 5.34 0.02 0.19 1.0000 5.53 Application 3 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 4 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 5 1ac-in 1.00 Jun 5.34 0.02 0.19 1.0000 5.53 Application 6 1ac-in 1.00 Jul 5.34 0.02 0.19 1.0000 5.53 Application 7 1ac-in 1.00 Jul 5.34 0.02 0.19 1.0000 5.53 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 15.97 21.61 39.83 67.09 0.91 7.45 108.19 260.14 INTEREST ON OPERATING CAPITAL 5.19 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 265.33

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-939-12-05

Estimating 2006 Costs of Production Early Season, Flood Irrigation, Conventional

AG-940-12-05 C. Robert Stark, Jr., Associate Professor-Agriculture Economics UA Cooperative Extension Service/UAM Division of Agriculture

Chris Tingle, Extension Agronomist-Soybeans

_______________________________________________________________________ ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM _______________________________________________________________________ dollars dollars DIRECT EXPENSES CUSTOM SPRAY Cstm ap grd herbicid acre 4.75 1.0000 4.75 _________ Cstm ap air insect acre 5.50 1.0000 5.50 _________ FERTILIZERS 0-18-36 lbs 0.13 200.0000 26.65 _________ HERBICIDES Dual Magnum pt 12.19 1.5000 18.29 _________ Canopy SP oz 1.39 3.0000 4.17 _________ Storm pt 10.10 1.0000 10.11 _________ INSECTICIDES Methyl Parathion 4EC pt 3.96 1.0000 3.96 _________ SEED/PLANTS Soybean Seed Private lb 0.38 60.0000 22.80 _________ ADJUVANTS Surfactant pt 1.15 0.4000 0.46 _________ CUSTOM FERT/LIME Cstm ap grd fert dry acre 4.75 1.0000 4.75 _________ CUSTOM HARVEST/HAUL Cstm Haul bu 0.15 45.0000 6.75 _________ OPERATOR LABOR Implements hour 8.12 0.3594 2.93 _________ Tractors hour 8.12 1.2480 10.14 _________ Self-Propelled hour 8.12 0.1660 1.35 _________ IRRIGATION LABOR Flood Irr. Soybeans hour 8.12 0.1005 0.81 _________ DIESEL FUEL Tractors gal 2.20 9.9266 21.83 _________ Self-Propelled gal 2.20 1.7098 3.76 _________ Flood Irr. Soybeans gal 2.20 10.0000 22.00 _________ REPAIR & MAINTENANCE Implements acre 3.27 1.0000 3.27 _________ Tractors acre 3.37 1.0000 3.37 _________ Self-Propelled acre 3.37 1.0000 3.37 _________ Flood Irr. Soybeans 1ac-in 0.19 10.0000 1.99 _________ INTEREST ON OP. CAP. acre 5.58 1.0000 5.58 _________ --------- TOTAL DIRECT EXPENSES 188.59 _________ FIXED EXPENSES Implements acre 7.56 1.0000 7.56 _________ Tractors acre 24.89 1.0000 24.89 _________ Self-Propelled acre 12.52 1.0000 12.52 _________ Flood Irr. Soybeans each 2322.34 0.0083 19.35 _________ --------- TOTAL FIXED EXPENSES 64.32 _________ --------- TOTAL SPECIFIED EXPENSES 252.91 _________

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Table 2. Estimated resource use and costs for field operations, per acre, Early Season, Soybeans, Flood Irrigation, Conventional, 2006 _______________________________________________________________________________________________________________________________________________ POWER UNIT COST EQUIPMENT COST ALLOC LABOR OPERATING/DURABLE INPUT OPERATION/ SIZE/ POWER UNIT PERF TIMES -------------- -------------- ------------- ----------------------- TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST _______________________________________________________________________________________________________________________________________________ ------------dollars----------- dollars ---------dollars--------- Disk, medium cut 26.41' MFWD 190 0.082 1.00 Apr 2.26 2.42 0.44 1.14 0.10 0.86 7.12 Field cultivator 29.58' MFWD 190 0.047 1.00 Apr 1.30 1.39 0.21 0.50 0.06 0.50 3.90 Cstm ap grd fert dry acre 1.00 Apr 1.0000 4.75 4.75 4.75 0-18-36 lbs 200.0000 0.13 26.65 26.65 Planter nar 13r@19" 23.75 2WD 150 0.097 1.00 Apr 2.08 1.97 1.26 2.29 0.23 1.89 9.49 Soybean Seed Private lb 60.0000 0.38 22.80 22.80 Land float 16'x56' MFWD 190 0.138 2.00 Apr 7.62 8.15 0.19 0.80 0.35 2.92 19.68 Furrow ditcher 8' 2WD 150 0.380 0.10 Apr 0.82 0.77 0.05 0.20 0.04 0.40 2.24 Triple K w/sprayer 26.67' MFWD 190 0.086 1.00 May 2.38 2.54 0.49 1.03 0.13 1.12 7.56 Dual Magnum pt 1.5000 12.19 18.29 18.29 Canopy SP oz 3.0000 1.39 4.17 4.17 Row cult 8r@30" 20' 2WD 150 0.129 1.00 May 2.77 2.61 0.30 0.55 0.16 1.36 7.59 Cstm ap grd herbicid acre 1.00 Jun 1.0000 4.75 4.75 4.75 Storm pt 1.0000 10.10 10.11 10.11 Surfactant pt 0.4000 1.15 0.46 0.46 Levee disk-build 9' 2WD 170 0.196 0.15 Jun 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jun 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jun 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Levee disk-build 9' 2WD 170 0.196 0.15 Jun 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jun 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jun 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Cstm ap air insect acre 1.00 Jul 1.0000 5.50 5.50 5.50 Methyl Parathion 4EC pt 1.0000 3.96 3.96 3.96 Levee disk-build 9' 2WD 170 0.196 0.15 Jul 0.71 0.68 0.05 0.12 0.03 0.31 1.87 Blade, rear mount 8' 2WD 75 1.550 0.05 Jul 0.80 0.55 0.03 0.15 0.10 0.82 2.35 Levee disk-knock dwn 9' 2WD 170 0.196 0.10 Jul 0.48 0.45 0.03 0.08 0.02 0.21 1.25 Combine 4WD Soybean 25' 0.166 1.00 Aug 7.13 12.52 0.16 1.35 21.00 Cstm Haul bu 1.00 Aug 45.0000 0.15 6.75 6.75 Flood Irr. Soybeans each 1.00 Jun 19.35 0.0083 19.35 Application 1 1ac-in 1.00 Jun 9.59 0.04 0.33 4.0000 9.92 Application 2 1ac-in 1.00 Jun 7.20 0.03 0.24 3.0000 7.44 Application 3 1ac-in 1.00 Jul 7.20 0.03 0.24 3.0000 7.44 ------- ------- ------- ------- ------ ------- ------- -------- TOTALS 32.33 37.41 27.26 26.91 1.87 15.23 108.19 247.33 INTEREST ON OPERATING CAPITAL 5.58 UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST 252.91

Information presented in this document is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm operation. The mention of any commercial product in this analysis does not imply its endorsement by the University of Arkansas Cooperative Extension Service over other products not named, nor does the omission imply that they are not satisfactory. This budget does not include costs for land, overhead, or management. AG-940-12-05