TABLE 1. Basic cost information for the Blackwater Draw area,
Roosevelt County, 2001.
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Item
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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
Seed:
Wheat $/pound $0.11
Corn $/bag $78.50
Alfalfa $/pound $2.95
Peanuts $/pound $0.85
Energy:
Natural gas (Gas NM) $/MCF $3.71
Diesel fuel $/gallon $1.40
Gasoline $/gallon $1.35
Electricity (SWPS) cents/KwHr 7.72
LP Gas $/gallon $0.93
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 $89.00 /acre (full value) $0.63
Personal Property Tax Rate - NR $/$1,000 (Assessed $21.32
- R Value) $16.86
Supervision Factors
Field Crop-Irrigation $/labor hour $1.00
Field Crop-Equipment & General $/labor hour $0.50
Management Rate percent 7.00%
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TABLE 1a. Overhead cost information for Blackwater Draw area,
Roosevelt County, 2001.
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ITEM
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Electricity (Domestic & Shop) $340.00 per month $4,080
Telephone $145.00 per month $1,740
Accounting & Legal $2,270
Misc. Supplies & Hand Tools $3,110
Pickup and Auto
miles 25,750 @ $0.325 per mile $8,369
Insurance
- general liability (non-employee) $2,030
- fire/theft $1,625
Property Taxes
- non-planted land $7
- other than land & machinery $805
Building repairs and maintenance $1,240
Dues, fees, publications $370
Farmstead Equipment $240
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Total $25,886
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Total Per Planted Acre $34.51
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