Robert W. Boucher and Jeffrey M. Gillespie

Transcription

1 2008 Projected Commodity Costs And Returns Crawfish Production in Louisiana Robert W. Boucher and Jeffrey M. Gillespie Farm Management Research & Extension Department of Agricultural Economics & Agribusiness A.E.A. Information Series No January 2008

2 January 2008 A.E.A. Information Series No. 257 PROJECTED COSTS AND RETURNS FOR CRAWFISH PRODUCTION IN LOUISIANA, 2008 by Robert W. Boucher and Jeffrey M. Gillespie Louisiana State University Agricultural Center William B. Richardson, Chancellor Louisiana Agricultural Experiment Station David J. Boethel, Vice-Chancellor and Director Department of Agricultural Economics and Agribusiness The Louisiana Agricultural Experiment Station follows a non-discriminatory policy in programs and employment.

3 TABLE OF CONTENTS PAGE INTRODUCTION... B-1 TABLE LIST OF TABLES PAGE 1 A Summary of Projected Costs per Acre for Crawfish and Crawfish-Rice Production, Louisiana, B-3 2 Breakeven Selling Prices for Crawfish for Selected Yield Levels, Louisiana, B-3 3A 4A 5A 3B 4B 5B Estimated Costs and Returns per Acre, Single Crop Crawfish, Owner-Operator, North Louisiana, B-4 Estimated Costs and Returns per Acre, Single Crop Crawfish, Owner-Operator, Southwest Louisiana, B-5 Estimated Costs and Returns per Acre, Rice-Crawfish Double Crop, Owner-Operator, Southwest Louisiana, B-6 Estimated Resource Use and Costs for Field Operations per Acre, Single Crop Crawfish, Owner-Operator, North Louisiana, B-7 Estimated Resource Use and Costs for Field Operations per Acre, Single Crop Crawfish, Owner-Operator, Southwest Louisiana, B-8 Estimated Resource Use and Costs for Field Operations per Acre, Rice - Crawfish Double Crop, Owner-Operator, Southwest Louisiana, B-9

4 TABLE APPENDIX TABLE PAGE 1 A Summary of Projected Costs Based on Reduced Fishing Days for Crawfish and Crawfish-Rice Production, Louisiana, B-10 2 Operating Inputs: Estimated Prices, Louisiana, B-11 3 Powered Equipment: Estimated Useful Life, Annual Use, Purchase Price, Repair Cost, Fuel Consumption Rate, and Direct and Fixed Cost per Hour, Louisiana, B-11 4 Implements: Estimated Performance Rate, Useful Life, Annual Use, Purchase Price, Repair Cost, and Direct and Fixed Cost per Hour and per Acre, Louisiana, B-12 5 Other Durable Inputs: Estimated Repair Cost, Fuel Consumption Rate, Direct Cost per Unit of Measure, and Fixed Cost per Unit of Measure or per Acre, Louisiana, B-12 6 Definitions of Selected Line Items in the Crawfish and Catfish Production Budgets B-13 ACKNOWLEDGMENTS The authors express appreciation to the many producers, LCES, and LAES personnel who cooperated in providing information and review of the production practice and performance data incorporated into budget estimates. Specific recognition is extended to Greg Lutz, Ray McClain and Robert Romaire.

5 PROJECTED COSTS AND RETURNS FOR CRAWFISH PRODUCTION IN LOUISIANA, 2008 by Robert W. Boucher and Jeffrey M. Gillespie 1 INTRODUCTION Aquaculture production enterprises, like other farm enterprises, require advanced planning to make production decisions that are likely to result in profit. The purpose of this report is to provide production cost estimates for crawfish enterprises to assist producers in making decisions and obtaining adequate financing. Crawfish production and its associated costs differ considerably among producers and resource situations. The projected costs presented here should not be interpreted as averages for producers in the industry. The purpose of the cost projections is to provide guidelines whereby producers and others with an interest in crawfish production costs can make cost estimates appropriate to their unique situations. Data used in development of the budgets is a combination of information obtained directly from producers, Louisiana Cooperative Extension Service Specialists and Louisiana Agricultural Experiment Station Scientists. Current machinery and other input price data were combined with production practice data using the Microcomputer Enterprise Budget Generator developed at Mississippi State University. Fixed costs were estimated based on typical rates of use and sizes of operations. Production budget estimates are presented on a 'per acre' basis to facilitate using the estimates for different sized operations. Overhead costs associated with operation of the farm business have been allocated as a residual claimant on a per acre basis in the enterprise budgets, but have not been included in the computation of breakeven selling prices. Crawfish budgets are presented for three production-marketing situations. They are based primarily on a 1990 survey of 39 commercial crawfish producers with supplemental information provided by researchers and Cooperative Extension Service personnel. The personal interview survey collected information on production, harvesting, and marketing practices. Budgets are presented for three owner-operator situations without aeration that typify producers included in the survey: 1) Northeast Louisiana single crop ponds (Table 3), 2) Southwest Louisiana single crop ponds (Table 4), and 3) Southwest Louisiana rice-crawfish double crop in a fallow rotation (Table 5). Fixed costs for non-aerated systems are based on a 120-acre production unit consisting of six 20-acre ponds configured in two 60-acre units. Harvesting is assumed to be performed by one person using a power boat with 20 traps per acre. In Southwest Louisiana, harvesting is assumed to occur every other day during December through February and daily during March through May. In Northeast Louisiana, harvesting is assumed to occur daily from March 1 to May 15 to accommodate retail marketing. Appendix table 1 presents a summary of projected costs based on reduced fishing days for the three situations discussed. This table provides the direct, fixed, and total costs for the base situation and for 10%, 20%, and 30% reductions in fishing days. Though lower costs for the reduced fishing days do not result in a proportional percentage drop in costs, recent studies have shown that, with the use of pyramid traps, 30% fewer fishing days does not reduce the yield significantly. Seasonal yield distributions reflect those reported by surveyed producers. Total season 1 Research Associate and Martin D. Woodin Endowed Professor, respectively, Department of Agricultural Economics and Agribusiness, Louisiana Agricultural Experiment Station, Louisiana State University Agricultural Center, Baton Rouge.

6 yields are not absolute sample averages, but reflect typical yields reported by respondents. No crawfish returns are included since there are no publicly published sources of crawfish prices. Marketing costs included in the budgets assume that the product is sold to processors and wholesalers in Southwest Louisiana and is sold retail in Northeast Louisiana. Table 1 presents a summary comparison of projected costs and yields per acre for the three crawfish production situations. Breakeven selling prices required to recover costs are presented in Table 2 for five alternative yield levels for each crawfish situation. Tables with an "A" designation provide estimated cost budgets, whereas tables with a "B" designation show costs for detailed operations. B-2

7 Table 1. A Summary of Projected Costs and Returns per Acre for Crawfish and Crawfish-Rice Production in Louisiana, Yield Direct Fixed Total Crop Description Per Acre Expenses Expenses Expenses Crawfish Enterprises: Pounds Dollars per Acre Northeast Louisiana Non-aerated, Owner b Southwest Louisiana Non-aerated, Owner b Crawfish-Rice, Owner a b a Income for rice was calculated by multiplying the market price of $12.80 by actual yield. b Land costs are not included. c Yield includes 700 lbs of crawfish and 58 cwt of rice. Table 2. Breakeven Selling Prices for Crawfish for Selected Yield Levels, Louisiana, Total Total Base Yield Level Costs Variable Yield Base a Costs Level --Dollar/Acre--- lb. - Dollars/Lb.- PRICES REQUIRED TO RECOVER TOTAL SPECIFIED COSTS Crawfish Enterprises: Northeast Louisiana Non-aerated, Owner Southwest Louisiana Non-aerated, Owner Crawfish-Rice, Owner b PRICES REQUIRED TO RECOVER VARIABLE COSTS Crawfish Enterprises: Northeast Louisiana Non-aerated, Owner Southwest Louisiana Non-aerated, Owner Crawfish-Rice, Owner b a Land costs are not included. b Breakeven Selling Prices for Crawfish double cropped with rice represents the net cost of producing crawfish in the double crop situation compared to producing rice alone. B-3

8 Table 3.A Estimated Costs and Returns per Acre, Single Crop Crawfish, Owner-Operator, Northeast Louisiana, ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM dollars dollars INCOME Crawfish (March) lbs Crawfish (April) lbs Crawfish (May) lbs Crawfish (June) lbs TOTAL INCOME DIRECT EXPENSES BAIT Manuf. crawfish bait lbs FERTILIZER Nitrogen lbs Phosphate lbs Potash lbs HIRED LABOR Irrigation labor hour OTHER Hip boots pair Sacks each SEED Rice seed lbs OPERATOR LABOR Tractors hour Self-Propelled Eq. hour IRRIGATION LABOR Crawf irrig north LA hour DIESEL FUEL Tractors gal Crawf irrig north LA gal GASOLINE Self-Propelled Eq. gal REPAIR & MAINTENANCE Implements Tractors Self-Propelled Eq Crawf irrig north LA acin Crawf pond&eq north acre INTEREST ON OP. CAP TOTAL DIRECT EXPENSES FIXED EXPENSES Implements Tractors Self-Propelled Eq Crawf irrig north LA Crawf pond&eq north TOTAL FIXED EXPENSES TOTAL SPECIFIED EXPENSES ALLOCATED COST ITEMS Overhead (owner) acre Land ( oppor. cost ) acre B-4

9 Table 4.A Estimated Costs and Returns per Acre, Single Crop Crawfish, Owner-Operator, Southwest Louisiana, ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM dollars dollars INCOME Crawfish (December) lbs Crawfish (January) lbs Crawfish (February) lbs Crawfish (March) lbs Crawfish (April) lbs Crawfish (May) lbs TOTAL INCOME DIRECT EXPENSES CUSTOM Airplane seed cwt Airplane fert cwt BAIT Crawfish bait (fish) lbs Manuf. crawfish bait lbs FERTILIZER Urea (45%) lbs HIRED LABOR Irrigation labor hour OTHER Hip boots pair Sacks each SEED Rice seed lbs OPERATOR LABOR Tractors hour Self-Propelled Eq. hour IRRIGATION LABOR Crawf irrig single hour DIESEL FUEL Tractors gal Self-Propelled Eq. gal Crawf irrig single gal GASOLINE Self-Propelled Eq. gal REPAIR & MAINTENANCE Implements Tractors Self-Propelled Eq Crawf irrig single acin Crawf pond&eq single acre INTEREST ON OP. CAP TOTAL DIRECT EXPENSES FIXED EXPENSES Implements Tractors Self-Propelled Eq Crawf irrig single Crawf pond&eq single TOTAL FIXED EXPENSES TOTAL SPECIFIED EXPENSES ALLOCATED COST ITEMS Overhead (owner) acre Land ( oppor. cost ) acre B-5

10 Table 5.A Estimated costs and returns per Acre, Rice-Crawfish Double Crop, in Field Rotation, Owner-Operator, Southwest, Louisiana, ITEM UNIT PRICE QUANTITY AMOUNT YOUR FARM dollars dollars INCOME Rice cwt Rice Checkoff cwt Crawfish (January) lbs Crawfish (February) lbs Crawfish (March) lbs Crawfish (April) lbs Crawfish (May) lbs Crawfish (June) lbs TOTAL INCOME DIRECT EXPENSES CUSTOM Airplane fert cwt Global pos. system acre Airplane seed cwt App by air appl Drying rice cwt Haul rice cwt BAIT Crawfish bait (fish) lbs Manuf. crawfish bait lbs FERTILIZER Nitrogen lbs Phosphate lbs Potash lbs FUNGICIDES Quadris oz HERBICIDES Facet 75DF lb Londax 60DF oz ,4-D Amine 4 pt HIRED LABOR Other labor hour Irrigation labor hour INSECTICIDES Karate Z oz OTHER Rice gate each Seed crawfish lbs Hip boots pair Sacks each SEED Rice seed lbs OPERATOR LABOR Tractors hour Self-Propelled Eq. hour IRRIGATION LABOR Crawf irrig double hour Irrigation system 1 hour OWNER LABOR Self-Propelled Eq. hour DIESEL FUEL Tractors gal Self-Propelled Eq. gal Crawf irrig double gal Irrigation system 1 gal GASOLINE Self-Propelled Eq. gal REPAIR & MAINTENANCE Implements Tractors Self-Propelled Eq Crawf irrig double acin Crawf pond&eq double acre Irrigation system 1 acre INTEREST ON OP. CAP TOTAL DIRECT EXPENSES FIXED EXPENSES Implements Tractors Self-Propelled Eq Crawf irrig double Crawf pond&eq double Irrigation system TOTAL FIXED EXPENSES TOTAL SPECIFIED EXPENSES ALLOCATED COST ITEMS Overhead (owner) acre Land ( oppor. cost ) acre B-6

11 Table 3.B Estimated Resource Use and Costs for Field Operations per Acre, Single Crop Crawfish, Owner-Operators, Northeast Louisiana, TRACTOR COST EQUIP COST ALLOC LABOR OPERATING INPUT OPERATION/ SIZE/ TRACTOR PERF TIMES TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST ----dollars--- dollars dollars Crawf pond&eq north acre 1.00 Jul Disk 24 ft Jul Fertilizer buggy 30 ft Jul Nitrogen lbs Phosphate lbs Potash lbs Rotary mower-levees 6.7 ft Jul Grain drill 20 ft Jul Rice seed lbs Rotary mower-levees 6.7 ft Aug Rotary mower-levees 6.7 ft Sep Crawf irrig north LA acin 1.00 Oct Hip boots pair Irrigation labor hour Rotary mower-levees 6.7 ft Oct Crawf irrig north LA acin 1.00 Nov Crawf irrig north LA acin 1.00 Dec Crawf irrig north LA acin 1.00 Jan Crawf irrig north LA acin 1.00 Feb Crawfish combine 12 hp Mar Manuf. crawfish bait lbs Sacks each Crawf irrig north LA acin 1.00 Mar Crawfish combine 12 hp Apr Manuf. crawfish bait lbs Sacks each Crawf irrig north LA acin 1.00 Apr Rotary mower-levees 6.7 ft Apr Crawfish combine 12 hp May Manuf. crawfish bait lbs Sacks each Crawf irrig north LA acin 1.00 May Rotary mower-levees 6.7 ft May Crawfish combine 12 hp Jun Manuf. crawfish bait lbs Sacks each Crawf irrig north LA acin 1.00 Jun Irrigation labor hour Rotary mower-levees 6.7 ft Jun TOTALS INTEREST ON OPERATING CAPITAL UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST B-7

12 Table 4.B Estimated Resource Use and Costs for Field Operations per Acre, Single Crop Crawfish, Owner-Operators, Southwest Louisiana, TRACTOR COST EQUIP COST ALLOC LABOR OPERATING INPUT OPERATION/ SIZE/ TRACTOR PERF TIMES TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST ----dollars--- dollars dollars Crawf pond&eq single acre 1.00 Jul Disk 24 ft Jul Crawf irrig single acin 1.00 Jul Irrigation labor hour Airplane seed cwt 1.00 Jul Rice seed lbs Rotary mower-levees 6.7 ft Jul Airplane fert cwt 1.00 Jul Urea (45%) lbs Crawf irrig single acin 1.00 Aug Rotary mower-levees 6.7 ft Aug Crawf irrig single acin 1.00 Sep Rotary mower-levees 6.7 ft Sep Crawf irrig single acin 1.00 Oct Hip boots pair Irrigation labor hour Rotary mower-levees 6.7 ft Oct Crawf irrig single acin 1.00 Nov Crawfish combine 12 hp Dec Crawfish bait (fish) lbs Sacks each Crawf irrig single acin 1.00 Dec Pickup truck 1/2 ton Dec Crawfish combine 12 hp Jan Crawfish bait (fish) lbs Sacks each Crawf irrig single acin 1.00 Jan Pickup truck 1/2 ton Jan Crawfish combine 12 hp Feb Crawfish bait (fish) lbs Sacks each Crawf irrig single acin 1.00 Feb Pickup truck 1/2 ton Feb Crawfish combine 12 hp Mar Manuf. crawfish bait lbs Crawfish bait (fish) lbs Sacks each Crawf irrig single acin 1.00 Mar Pickup truck 1/2 ton Mar Crawfish combine 12 hp Apr Manuf. crawfish bait lbs Sacks each Crawf irrig single acin 1.00 Apr Pickup truck 1/2 ton Apr Rotary mower-levees 6.7 ft Apr Crawfish combine 12 hp May Manuf. crawfish bait lbs Sacks each Crawf irrig single acin 1.00 May Irrigation labor hour Pickup truck 1/2 ton May Rotary mower-levees 6.7 ft May Rotary mower-levees 6.7 ft Jun TOTALS INTEREST ON OPERATING CAPITAL UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST B-8

13 Table 5.A Estimated resource use and costs for field operations, per Acre, Rice-Crawfish Double Crop, in Field Rotation, Owner-Operator, Southwest, Louisiana, TRACTOR COST EQUIP COST ALLOC LABOR OPERATING INPUT OPERATION/ SIZE/ TRACTOR PERF TIMES TOTAL OPERATING INPUT UNIT SIZE RATE OVER MTH DIRECT FIXED DIRECT FIXED HOURS COST AMOUNT PRICE COST COST ----dollars--- dollars dollars Disk Harrow 32' 4WD Nov Levee plow 8 Ft 4WD Nov Blade-Scraper 10' MFWD Nov Ditcher rotary 1.5 ft MFWD Nov Field cultivator 32 ft 4WD Feb Airplane fert cwt 1.00 Feb Nitrogen lbs Airplane fert cwt 1.00 Feb Phosphate lbs Potash lbs Ditcher rotary 1.5 ft MFWD Feb Blade-Scraper 10' MFWD Feb Rice gate each 1.00 Feb Backhoe MFWD Feb Water level 24 ft 4WD Feb Irrigation system 1 acre 1.00 Mar Airplane seed cwt 1.00 Apr Rice seed lbs App by air appl 1.00 Apr Karate Z oz App by air appl 1.00 Apr Facet 75DF lb Londax 60DF oz App by air appl 1.00 Jun ,4-D Amine 4 pt Airplane fert cwt 1.00 Jun Nitrogen lbs App by air appl 1.00 Jun Quadris oz Seed crawfish lbs 1.00 Jun Other labor hour App by air appl 1.00 Jul Karate Z oz Combine Rice 25 Ft Aug Grain cart 500 bu MFWD Aug Drying rice cwt 1.00 Aug Haul rice cwt 1.00 Aug Blade-Scraper 10' MFWD Aug Crawf irrig double acin 1.00 Oct Hip boots pair Irrigation labor hour Rotary mower-levees 6.7 ft Oct Crawf irrig double acin 1.00 Nov Irrigation labor hour Crawf irrig double acin 1.00 Dec Irrigation labor hour Crawfish combine 12 hp Jan Crawfish bait (fish) lbs Sacks each Crawf irrig double acin 1.00 Jan Irrigation labor hour Pickup truck 1/2 ton Jan Crawf pond&eq double acre 1.00 Jan Crawfish combine 12 hp Feb Crawfish bait (fish) lbs Sacks each Crawf irrig double acin 1.00 Feb Irrigation labor hour Pickup truck 1/2 ton Feb Crawfish combine 12 hp Mar Manuf. crawfish bait lbs Crawfish bait (fish) lbs Sacks each Crawf irrig double acin 1.00 Mar Irrigation labor hour Pickup truck 1/2 ton Mar Crawfish combine 12 hp Apr Manuf. crawfish bait lbs Sacks each Crawf irrig double acin 1.00 Apr Irrigation labor hour Pickup truck 1/2 ton Apr Pickup truck 1/2 ton Apr Crawfish combine 12 hp May Manuf. crawfish bait lbs Sacks each Crawf irrig double acin 1.00 May Pickup truck 1/2 ton May Crawfish combine 12 hp Jun Manuf. crawfish bait lbs Sacks each TOTALS INTEREST ON OPERATING CAPITAL UNALLOCATED LABOR 0.00 TOTAL SPECIFIED COST B-9

14 Appendix Table 1. A Summary of Projected Costs Based on Reduced Fishing Days for Crawfish and Crawfish-Rice Production, Louisiana, Base -10% -20% -30% Crawfish Enterprises: Northeast Louisiana Non-aerated, Owner fishing days Direct Expenses Fixed Expenses Total Expenses Southwest Louisiana Non-aerated, Owner fishing days Direct Expenses Fixed Expenses Total Expenses Crawfish -Rice Owner fishing days Direct Expenses Fixed Expenses Total Expenses B-10

15 Appendix Table 2. Operating Inputs: Estimated Prices, Louisiana, ITEM NAME UNIT PRICE ITEM NAME UNIT PRICE dollars dollars BAIT Crawfish bait (fish) lbs 0.35 Manuf. crawfish bait lbs 0.20 CUSTOM Airplane fert cwt 5.00 Airplane fert acre 5.00 Airplane seed acre 5.00 Airplane seed cwt 5.60 Airplane stam acre 6.50 App by air appl 4.50 Drying rice cwt 0.90 Fertilizer truck acre 5.00 Global pos. system acre 0.35 Haul rice cwt 0.30 LARice Air Plant sw cwt 5.60 LARice GPS Charge SW acre 0.35 Storage rice cwt 0.10 FERTILIZER Anhydrous (82%) lbs 0.15 Nitrogen lbs 0.54 Nitrogen (32%) lbs 0.39 Phosphate lbs 0.44 Potash lbs 0.36 Urea (45%) lbs 0.18 FUNGICIDES Quadris oz 1.97 Tilt oz 2.39 HERBICIDES 2,4-D Amine 4 pt ,4-D LV4 pt 1.93 Facet 75DF lb Londax 60DF oz Stam 4E qt 5.12 HIRED LABOR Irrigation labor hour 9.60 Other labor hour 9.60 INSECTICIDES Karate Z oz 3.10 Methyl parathion pt 4.26 Sevin 80% S lbs 5.90 OTHER Accounting service dol 1.00 Farmstead & drainage dol 1.00 Hip boots pair Levee gate gate 3.50 Misc. overhead dol 1.00 Plastic sqft 0.05 Rice forage ac ai Rice gate each 3.65 Sacks each 0.40 Seed crawfish lbs 1.00 Stunted crawfish lbs 0.80 Supply & misc dol 1.00 Utilities dol 1.00 Waders pair SEED Common bermuda seed lbs 4.50 Rice seed lbs 0.26 Ryegrass seed lbs 0.41 Appendix Table 3. Powered Equipment: Estimated Useful Life, Annual Use, Purchase Price, Repair Cost, Fuel Consumption Rate, and Direct and Fixed Cost per Hour, Louisiana, PERF USEFUL ANNUAL PURCHASE REPAIR CONS ITEM NAME SIZE RATE LIFE USE PRICE COST RATE --DIRECT COST-- --FIXEDCOST-- hrs/ac years hours dollars percent /hour $/hr $/ac $/hr $/ac Double Hitch Pickup Truck 1\2 ton , Tractor (15-30hp) , Tractor (40-59hp) , Tractor (60-89hp) , Tractor (90-115hp) , Tractor ( hp) , Tractor ( hp) , Tractor ( hp) , Tractor ( hp) 150 MFWD , Tractor ( hp) , Tractor ( hp) , Tractor ( )CB 4WD , Tractor ( hp) , Tractor GC(90-115hp) , Tractor PTO(60-89hp) , Tractor( hp)CB MFWD , Tractor( hp) 4WD , man cf combine 12 hp , Boat,Motor&Trailer 14 ft , Combine Rice 25 Ft , Crawfish combine 12 hp , Feeder truck 1 ton , Pickup truck 1/2 ton , Truck 5 ton , B-11

16 Appendix Table 4. Implements: Estimated Performance Rate, Useful Life, Annual Use, Purchase Price, Repair Cost, and Direct and Fixed Cost per Hour and per Acre, Louisiana, PERF USEFUL ANNUAL PURCHASE REPAIR ITEM NAME SIZE RATE LIFE USE PRICE COST --DIRECT COST-- --FIXED COSThrs/ac years hours dollars percent $/hr $/ac $/hr $/ac Backhoe , Blade-Scraper 10' , Cultimulcher 12 Ft , Disk 24 ft , Disk Harrow 32' , Ditcher rotary 1.5 ft , Ditcher side , Dozer blade 8 ft , Drag 14 ft Fertilizer buggy 30 ft , Fertilizer buggy (R) 30 ft Field cultivator 24 ft , Field cultivator 32 ft , Grain cart 500 bu , Grain drill 12 ft , Grain drill 20 ft , Harrow 13Ft , Levee plow 8 Ft , Rotary mower 13.3 ft , Rotary mower-levees 6.7 ft , Side Mount Mower 6 ft , Spike harrow 18 ft , Tractor blade 6 ft , Water level 24 ft , Appendix Table 5. Other Durable Inputs: Estimated Repair Cost, Fuel Consumption Rate, Direct Cost per Unit of Measure, and Fixed Cost per Unit of Measure or per Acre, Louisiana, FUEL REPAIR CONS ITEM NAME UNIT COST RATE DIRECT COST ----FIXED COST---- $/U of M /U of M $/U of M $/U of M $/acre Crawf irrig double acin Crawf irrig north LA acin Crawf irrig single acin Crawf pond&eq relay acre Crawf pond&eq double acre Crawf pond&eq north acre Crawf pond&eq recir acre Crawf pond&eq single acre Irrigation system 1 acre B-12

17 Appendix Table 6. Definitions of Selected Line Items in the Crawfish and Catfish Production Budgets. Item Crawf irrig double Crawf irrig north LA Crawf irrig single Crawf pond&eq double Crawf pond&eq north Crawf pond&eq single Irrigation system1 Self-Propelled Eq Definition Irrigation system for rice-crawfish double crop production in Southwest Louisiana Irrigation system for crawfish production in North Louisiana Irrigation system for single-crop crawfish production in Southwest Louisiana Pond and equipment for rice-crawfish double crop production in Southwest Louisiana Pond and equipment for crawfish production in North Louisiana Pond and equipment for single-crop crawfish production in Southwest Louisiana Irrigation system for rice portion of rice-crawfish double-crop production in Southwest Louisiana Pickup truck B-13