Table 17. Summary of per acre costs and returns for a 500 acre farm with above average
management, Dona Ana and Sierra Counties, 2001.
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ALFALFA ALFALFA PIMA PICKER GRAIN SPRING FALL WHEAT
ESTABLISHMENT HAY COTTON COTTON SORGHUM LETTUCE LETTUCE
-------------------------------FLOOD-------------------------------
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TONS LBS LBS CWT CARTONS CARTONS CWT
PRIMARY YIELD 8.00 750.00 1,000.00 40.00 475.00 500.00 92.00
PRIMARY PRICE 120.00 0.82 0.69 3.00 0.00 6.96 3.00
GOVERNMENT PAYMENTS 0.00 0.00 96.00 22.00 0.00 0.00 42.32
SECOND INCOME 0.00 58.50 78.00 0.00 0.00 0.00 0.00
GROSS RETURN $960.00 $675.75 $864.00 $142.00 $2,959.25 $3,480.00 $318.32
CASH OPERATING EXPENSES
SEED $66.25 $9.75 $10.25 $10.40 $340.00 $236.00 $12.10
FERTILIZER $35.10 $49.80 $69.90 $69.90 $173.25 $163.50 $103.50
CHEMICALS $25.58 $13.73 $31.81 $93.49 $53.00 $105.88 $238.55 $21.25
CROP INSURANCE $2.94 $0.34 $2.94 $2.94
OTHER PURCHASED INPUTS $24.68
CANAL WATER $93.00 $57.00 $57.00 $45.00 $45.00 $46.67 $45.00
FUEL, OIL & LUBRICANTS-EQUIPMENT $19.96 $15.71 $51.71 $52.00 $13.12 $26.46 $28.48 $9.54
FUEL-IRRIGATION $5.25 $0.00 $0.00 $0.00 $0.00 $13.99 $0.00 $5.25
REPAIRS $15.05 $11.94 $20.96 $21.23 $7.99 $14.72 $15.24 $5.63
CUSTOM CHARGES $73.33 $60.80 $99.38 $127.10 $16.80 $1,897.06 $2,069.40 $43.48
LAND TAXES $9.38 $9.38 $9.38 $9.38 $9.38 $9.38 $9.38
OTHER EXPENSES $0.35 $66.92 $67.11 $67.11 $66.55 $67.01 $67.07 $66.48
________ ________ ________ ________ ________ ________ ________ ________
TOTAL CASH EXPENSES $240.87 $345.95 $419.93 $507.79 $225.18 $2,692.76 $2,874.27 $324.55
RETURN OVER CASH EXPENSES ($240.87) $614.05 $255.82 $356.21 ($83.18) $266.49 $605.73 ($6.23)
FIXED EXPENSES $59.41 $146.29 $113.77 $114.13 $20.56 $109.22 $41.15 $48.85
TOTAL EXPENSES $300.29 $492.25 $533.69 $621.92 $245.73 $2,801.98 $2,915.43 $373.41
NET FARM INCOME ($300.29) $467.75 $142.06 $242.08 ($103.73) $157.27 $564.57 ($55.09)
LABOR AND MANAGEMENT COSTS $52.38 $123.09 $117.46 $133.53 $43.36 $190.10 $125.32 $48.32
NET OPERATING PROFIT ($352.66) $344.67 $24.60 $108.55 ($147.09) ($32.83) $439.25 ($103.41)
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $8.41 $13.39 $12.70 $5.61 $48.33 $51.03 $9.10
INTEREST ON EQUIPMENT INVESTMENT $22.92 $49.71 $49.94 $11.15 $42.01 $21.16 $19.83
________ ________ ________ ________ ________ ________ ________ ________
TOTAL CAPITAL COSTS $0.00 $31.33 $63.10 $62.64 $16.76 $90.34 $72.18 $28.93
RETURN TO LAND AND RISK ($352.66) $313.34 ($38.50) $45.92 ($163.86) ($123.17) $367.07 ($132.34)
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