TABLE 4. Summary of per acre costs and returns for a
1,920 acre farm with above average management
Southeastern Quay County, 2001.
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WHEAT
-DRYLAND-
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BU
PRIMARY YIELD 20.00
PRIMARY PRICE 3.00
GOVERMENT PAYMENTS 9.20
SECOND INCOME 5.00
GROSS RETURN $74.20
CASH OPERATING EXPENSES
SEED $2.75
FERTILIZER
CHEMICALS
CROP INSURANCE $0.04
OTHER PURCHASED INPUTS $0.09
CANAL WATER
FUEL, OIL & LUBRICANTS-EQUIPMENT $6.54
FUEL-IRRIGATION
REPAIRS $5.40
CUSTOM CHARGES
LAND TAXES $0.31
OTHER EXPENSES $18.02
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TOTAL CASH EXPENSES $33.15
RETURN OVER CASH EXPENSES $41.05
FIXED EXPENSES $16.90
TOTAL EXPENSES $50.06
NET FARM INCOME $24.14
LABOR AND MANAGEMENT COSTS $9.29
NET OPERATING PROFIT $14.85
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $0.31
INTEREST ON EQUIPMENT INVESTMENT $10.19
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TOTAL CAPITAL COSTS $10.50
RETURN TO LAND AND RISK $4.36
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