TABLE 1. Basic cost information for Dell City area, Otero County,
2001.
===============================================================
Item
---------------------------------------------------------------
Labor Wage Rate:
Equipment operators $/hour $7.55
General & Irrigators $/hour $6.75
Purchased Inputs:
Fertilizer:
Nitrogen (N) $/pound $0.42
Phosphate (P205) $/pound $0.39
Anhydrous Ammonia (NH3) $/ton $400.00
Seed:
Alfalfa $/pound $2.95
Wheat $/pound $0.11
White Corn $/bag $78.50
Cotton $/pound $0.56
Diesel fuel $/gallon $1.40
Gasoline $/gallon $1.35
Electricity (Rio Grande Elec) cents/KwHr 5.68
LP Gas $/gallon $0.98
Baling Wire $/pound $0.36
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 $300.00 /acre (full value) $2.97
Personal Property Tax Rate - NR $/$1,000 (Assessed $29.72
- R Value) $23.79
Supervision Factors
Field Crop-Irrigation $/labor hour $1.00
Field Crop-Equipment & General $/labor hour $0.50
Management Rate percent 7.00%
_______________________________________________________________
TABLE 1a. Overhead cost information for Dell City area, Otero County,
2001.
========================================================================
ITEM
------------------------------------------------------------------------
Electricity (Domestic & Shop) $215.00 per month $2,580
Telephone $205.00 per month $2,460
Accounting & Legal $1,565
Misc. Supplies & Hand Tools $3,865
Pickup and Auto
miles 51,500 @ $0.325 per mile $16,738
Insurance
- general liability (non-employee) $1,680
- fire/theft $1,330
Property Taxes
- non-planted land $170
- other than land & machinery $590
Building repairs and maintenance $1,265
Dues, fees, publications $380
Farmstead Equipment $165
---------
Total $32,788
=========
Total per planted acre $53.75
------------------------------------------------------------------------