TABLE 6. Grass hay establishment, flood irrigated, budgeted per acre costs and returns for a 40 acre farm,
         with above average management, Northern Mountain Counties, 2001.
              Planting dates: May 15 - July 1
---------------------------------------------------------------------------------------------------------------------------------
       ITEM                    PRICE             QUANTITY      PURCHASED INPUTS                                             TOTAL
_________________________________________________________________________________________________________________________________
 
PURCHASED INPUTS
--------- ------
    GRASS HAY SEED            $0.43                   15  LBS            $6.45                                             $6.45
    NITROGEN (N)              $0.42                   70  LBS           $29.40                                            $29.40
    PHOSPHATE (P205)          $0.39                   35  LBS           $13.65                                            $13.65
    CANAL WATER (MAINTENANCE)                         18  AC. IN.                                                          $0.00
                                                                      ______                                             ______
         SUBTOTAL                                                       $49.50                                            $49.50
 
 
                            POWER              ACCOMPLISHMENT       PURCHASED                    FUEL             FIXED
PREHARVEST OPERATIONS        UNIT                   RATE                 INPUTS      LABOR       &OIL  REPAIRS     COST     TOTAL
---------- ----------      ------                ------- ---        -----------   -----      -----     -------   -----   ------
    PLOW                   40 HP                    1.31  HR                        $6.75      $5.49    $0.15    $3.20    $15.59
    DISC (2X)              40 HP                    0.62  HR                        $3.19      $2.60    $0.07    $1.52     $7.38
    FERTILIZE              40 HP                    0.05  HR                        $0.26      $0.21    $0.01    $0.12     $0.59
    DRAG                   40 HP                    0.32  HR                        $1.65      $1.34    $0.04    $1.36     $4.38
    BROADCAST SEEDER       40 HP                    0.05  HR                        $0.26      $0.21    $0.01    $0.12     $0.59
    IRRIGATE (3X)                                   2.25  HR                       $11.59                                 $11.59
                                                  ______ ___                     ______     ______     ______   ______  _______
         SUBTOTAL                                   4.60  HR                       $23.69      $9.84    $0.27    $6.33    $40.12
 
OVERHEAD EXPENSES
-------- --------
    DOWNTIME                                        1.81  HR                        $9.30                                  $9.30
    EMPLOYEE BENEFITS                                                               $2.84                                  $2.84
    INSURANCE                                                            $0.47                                             $0.47
    LAND TAXES                                                                                                   $3.26     $3.26
    SUPERVISION AND MANAGEMENT                                                     $94.17                                 $94.17
    OTHER EXPENSES                                                      $62.69                                            $62.69
                                                   _____ ____         ______     ______                         ______   ______
         SUBTOTAL                                   1.81  HR            $63.16    $106.31                        $3.26   $172.74
                                                   _____ ____        _______     ______     ______     ______   ______  _______
TOTAL OPERATING EXPENSES                            6.41  HR           $112.66    $130.00      $9.84    $0.27    $9.59   $262.36
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