TABLE 3. Equipment summary for a 320 acre, flood-irrigated farm with above average management, Portales Valley, 2000.
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         EQUIPMENT                                          VARIABLE COSTS                            FIXED COSTS
---------------------------  ANNUAL                 -----------------------------             ---------------------------
                             HOURS             TOTAL  FUEL AND          FUEL,LUBE   REPAIR       DEPRE-             TOTAL
   ITEM & SIZE               OF USE  NUMBER   VALUE  LUBRICANT    REPAIR   PER HR   PER HR      CIATION    TAXES PER HOUR
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TRACTOR 126 HP                  346      1  $11,285    $3,105    $1,586    $8.98    $4.59         $900      $80    $2.84
TRACTOR 175 HP                  407      1  $52,400    $5,917    $5,493   $14.53   $13.49       $5,995     $320   $15.50
COTTON STRIPPER 2-ROW MTD        43      1   $3,010                $155             $3.57         $767      $41   $18.61
PLANTER 6-ROW                    39      1   $3,011                $268             $6.80         $850      $30   $22.32
CULTIVATOR 6-ROW                 60      1   $2,500                 $93             $1.55         $333      $18    $5.82
DISC 14 FT                      114      1   $3,000                $195             $1.71         $400      $21    $3.70
DRILL 13 FT                      12      1   $2,150                 $20             $1.63         $430      $15   $36.38
LISTER 6-ROW                     35      1   $2,150                 $54             $1.55         $287      $15    $8.62
PLOW (MOLDBOARD) 4-14 IN        144      1   $4,000                $323             $2.24         $533      $28    $3.90
SHREDDER 4-ROW                   10      1   $2,500                  $7             $0.70         $333      $18   $35.83
SPRAYER (MTD)                    39      1   $1,400                 $95             $2.41         $187      $10    $4.99
DIG AND INVERT 2-ROW             14      1     $625                  $1             $0.05          $83       $4    $6.10
ROD WEEDER 6-ROW                 24      1     $625                 $11             $0.46          $83       $4    $3.66
FERT SPREADER DEALER FURNIS      15      1
PEANUT THRASHER                  48      1  $14,250                $150             $3.14       $1,900     $101   $41.69
PEANUT TRAILER                   48      5   $3,500                  $1             $0.03         $467      $25   $10.24
COTTON TRAILER                   53      2   $2,400                 $13             $0.24         $320      $17    $6.42
ELECTRIC WELL                 8,087      8  $67,200   $11,191    $1,617    $1.38    $0.20       $6,400     $478    $0.85
                                           ________   _______   _______                       ________  _______
                                           $176,006   $20,213   $10,083                        $20,268   $1,226
 
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