TABLE 1. Basic cost information for Grant and Catron Counties,
2001.
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Item
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Labor Wage Rate:
Equipment operators $/hour $6.45
General & Irrigators $/hour $5.90
Purchased Inputs:
Seed:
Alfalfa $/pound $2.95
Wheat $/pound $0.11
Pasture $/pound $2.85
Canal Water (Maintenance) $/acre $10.00
Baling Wire $/lb $0.36
Energy:
Butane $/MCF $0.92
Diesel fuel $/gallon $1.10
Gasoline $/gallon $1.05
Electricity cents/KwHr 6.95
Natural Gas $/MCF $3.48
Employee Liability Insurance $/$1,000 wages $20.00
Employee Benefits percent/wages 18.00%
Labor Downtime percent 25.00%
Financial Rates:
Operating Capital Interest Rate percent 9.00%
Land Interest Rate percent 7.50%
Equipment Interest Rate percent 9.00%
Real Interest Rate percent 4.00%
Land Taxes $390.00 /acre (full value) $2.31
Personal Property Tax Rate - NR $/$1,000 (Assessed $17.80
- R Value) $16.64
Supervision Factor $/labor hour $0.50
Management Rate percent 7.00%
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Table 1a. Overhead cost information for Grant and Catron
Counties, 2001.
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CROP LIVESTOCK
ITEM ENTERPRISENTERPRIS TOTAL
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Electricity (Domestic & Shop) $75.00 per month $900 $90.00 $990
Telephone $60.00 per month $720 $72.00 $792
Accounting & Legal $340 $340
Misc. Supplies & Hand Tools $595 $595
Pickup and Auto Crop Ent.Livestock Ent.
miles 7,000 3,500 @ $0.325 per mile $2,275 ********* $3,413
Insurance
- general liability (non-employee) $5 $0.00 $5
- fire/theft $250 $0.00 $250
Property Taxes
- non-planted land $11 $0.00 $11
- other than land & machinery $195 $195
Building repairs and maintenance $350 $35.00 $385
Dues, fees, publications $195 $9.75 $205
Farmstead Equipment $155 $15.50 $171
Irrigation Well Depreciation and Taxes $1,588
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Total $5,991 $1,360 $7,351
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Total per planted acre $171.17
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