TABLE 8. Summary of per acre costs and returns for a 400 acre farm with above
average management, Cotton City-Animas area, Hidalgo County, 2001.
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GRAIN PICKER GREEN RED
SORGHUM COTTON CHILE CHILE
---------------FLOOD-----------------
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CWT LBS TONS LBS
PRIMARY YIELD 60.00 600.00 12.00 3,500.00
PRIMARY PRICE 3.00 0.69 280.00 0.70
GOVERNMENT PAYMENTS 33.00 57.60 0.00 0.00
SECOND INCOME 0.00 46.80 0.00 0.00
GROSS RETURN $213.00 $518.40 $3,360.00 $2,450.00
CASH OPERATING EXPENSES
SEED $8.32 $14.00 $84.00 $84.00
FERTILIZER $36.00 $29.04 $143.70 $129.70
CHEMICALS $19.52 $9.46 $25.13 $26.97
CROP INSURANCE $0.37 $0.00 $0.00 $0.00
OTHER PURCHASED INPUTS
CANAL WATER
FUEL, OIL & LUBRICANTS-EQUIPMENT $20.17 $37.50 $75.23 $51.28
FUEL-IRRIGATION $46.67 $43.56 $116.68 $105.79
REPAIRS $11.52 $70.99 $26.88 $17.50
CUSTOM CHARGES $33.60 $80.52 $1,243.33 $790.00
LAND TAXES $2.96 $2.96 $2.96 $2.96
OTHER EXPENSES $50.48 $51.03 $51.71 $51.52
________ ________ ________ ________
TOTAL CASH EXPENSES $229.60 $339.06 $1,769.62 $1,259.71
RETURN OVER CASH EXPENSES ($16.60) $179.34 $1,590.38 $1,190.29
FIXED EXPENSES $42.72 $75.90 $72.71 $63.27
TOTAL EXPENSES $272.32 $414.96 $1,842.33 $1,322.98
NET FARM INCOME ($59.32) $103.44 $1,517.67 $1,127.02
LABOR AND MANAGEMENT COSTS $67.26 $128.16 $224.96 $198.86
NET OPERATING PROFIT ($126.58) ($24.72)$1,292.71 $928.16
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $4.90 $5.09 $23.36 $19.48
INTEREST ON EQUIPMENT INVESTMENT $21.03 $41.24 $56.79 $45.88
________ ________ ________ ________
TOTAL CAPITAL COSTS $25.94 $46.33 $80.15 $65.36
RETURN TO LAND AND RISK ($152.52) ($71.05)$1,212.56 $862.80
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