TABLE 2. Equipment summary for a 1600 acre dryland farm with above average management, Lea County, 2001.
------------------------------------------------------------------------------------------------------------------------------
         EQUIPMENT                                            VARIABLE COSTS                               FIXED COSTS
---------------------------  ANNUAL                   ---------------------------                  ---------------------------
                             HOURS               TOTALFUEL, OIL          FUEL,OIL   REPAIR             DEPRE-            TOTAL
   ITEM & SIZE               OF USE  NUMBER     VALUE LUBRICANT   REPAIR   PER HR   PER HR           CIATION    TAXES PER HOUR
------------------------------------------------------------------------------------------------------------------------------
TRACTOR 226 HP                  344        1  $30,045   $6,103   $6,021   $17.75   $17.51            $6,210     $268   $18.84
TRUCK 2-TON                     218        1  $11,500   $1,942   $1,759    $8.89    $8.05            $2,300      $66   $10.83
COMBINE 145 HP                  218        1  $57,005   $2,554   $5,392   $11.69   $24.69            $7,600     $328   $36.30
GRAIN HEAD 22 FT                218        1   $4,150              $513             $2.35              $501      $22    $2.39
CULTIVATOR 12-ROW                78        1   $5,000              $236             $3.05              $667      $29    $8.97
CHISEL 40 FT                     91        1   $6,750              $350             $3.85              $900      $39   $10.33
SPRAYER 12-ROW                   45        1   $2,250              $199             $4.41              $300      $13    $6.92
PLANTER 12-ROW                   52        1   $8,500              $861            $16.66            $1,700      $49   $33.84
DRILL 40 FT                      46        1   $7,750              $645            $14.11            $1,550      $45   $34.89
FERT SPREADER DEALER FURN        78        1
                                             ________    ______  _______                           ________  _______
                                             $132,950  $10,599  $15,976                             $21,728     $857
 
==============================================================================================================================