TABLE 10. Summary of per acre costs and returns for a 640 acre farm with above
average management, Dell City area, Otero County, 2001.
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ALFALFA ALFALFA WHITE STRIPPER GRAIN
ESTABLISHMENT HAY WHEAT CORN COTTON SORGHUM
------SPRINKLER------ -----------FLOOD------------
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TONS CWT CWT LBS CWT
PRIMARY YIELD 6.50 35.00 70.00 1000.00 50.00
PRIMARY PRICE 120.00 3.00 7.50 0.65 3.00
GOVERNMENT PAYMENTS 0.00 26.95 0.00 96.00 27.50
SECOND INCOME 15.00 25.00 20.00 78.00 13.00
GROSS RETURN $795.00 $156.95 $545.00 $824.00 $190.50
CASH OPERATING EXPENSES
SEED $88.50 $16.50 $19.63 $14.00 $12.48
FERTILIZER $140.05 $25.00 $84.65 $30.24 $55.50
CHEMICALS $54.83 $37.01 $26.05
CROP INSURANCE $0.29 $0.59 $1.96
OTHER PURCHASED INPUTS $0.20 $71.76
CANAL WATER
FUEL, OIL & LUBRICANTS-EQUIPMENT $19.68 $21.55 $7.49 $16.52 $41.58 $17.18
FUEL-IRRIGATION $11.78 $78.51 $49.07 $94.21 $58.88 $70.66
REPAIRS $9.69 $38.90 $4.51 $9.48 $17.57 $9.56
CUSTOM CHARGES $33.00 $44.25 $189.20 $22.00
LAND TAXES $2.97 $2.97 $2.97 $2.97 $2.97
OTHER EXPENSES $0.33 $55.20 $54.88 $55.20 $55.40 $55.11
________ ________ ________ ________ ________ ________
TOTAL CASH EXPENSES $129.97 $337.38 $193.71 $381.73 $519.21 $273.47
RETURN OVER CASH EXPENSES ($129.97) $457.62 ($36.76) $163.27 $304.79 ($82.97)
FIXED EXPENSES $40.51 $107.76 $31.04 $60.12 $70.26 $56.96
TOTAL EXPENSES $170.49 $445.14 $224.75 $441.85 $589.46 $330.42
NET FARM INCOME ($170.49) $349.86 ($67.80) $103.15 $234.54 ($139.92)
LABOR AND MANAGEMENT COSTS $34.33 $108.57 $40.13 $90.65 $128.93 $62.84
NET OPERATING PROFIT ($204.82) $241.29 ($107.93) $12.50 $105.61 ($202.76)
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $8.59 $3.25 $9.86 $9.19 $6.74
INTEREST ON EQUIPMENT INVESTMENT $22.63 $9.59 $21.87 $34.93 $22.79
________ ________ ________ ________ ________ ________
TOTAL CAPITAL COSTS $0.00 $31.23 $12.85 $31.73 $44.12 $29.52
RETURN TO LAND AND RISK ($204.82) $210.06 ($120.78) ($19.23) $61.49 ($232.28)
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