TABLE 1. Basic cost information for the San Jon-Nara Visa area,
         Quay County, 2001.
===============================================================
         Item
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Labor Wage Rate:
    Equipment operators             $/hour               $7.55
    General & Irrigators            $/hour               $6.75
 
Purchased Inputs:
    Seed:
         Alfalfa                    $/pound              $2.95
         Grain Sorghum              $/pound              $1.04
         Wheat                      $/pound              $0.11
 
Energy:
    Diesel fuel                     $/gallon             $1.40
    Gasoline                        $/gallon             $1.35
 
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                   $38.00 /acre (full value)   $0.33
 
Personal Property Tax Rate - NR     $/$1,000 (Assessed  $25.75
                           - R               Value)     $25.75
 
Supervision Factor                  $/labor hour         $0.50
 
Management Rate                     percent               7.00%
_______________________________________________________________
 
 
 
 
 
TABLE 1a.  Overhead cost information for the San Jon-Nara Visa area,
           Quay County, 2001.
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         ITEM
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  Electricity (Domestic & Shop)               $190.00 per month  $2,280
  Telephone                                   $115.00 per month  $1,380
  Accounting & Legal                                             $1,305
  Misc. Supplies & Hand Tools                                    $1,900
  Pickup and Auto
         miles      20,600     @      $0.325 per mile            $6,695
  Insurance
    - general liability (non-employee)                           $1,240
    - fire/theft                                                 $1,045
  Property Taxes
    - non-planted land                                               $0
    - other than land & machinery                                  $500
  Building repairs and maintenance                                 $825
  Dues, fees, publications                                         $390
  Farmstead Equipment                                              $170
                                                               ---------
                                                      Total     $17,730
                                                               =========
                                    Total per planted acre       $22.16
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