TABLE 3.  Equipment summary for a 320 acre, sprinkler-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                  150      1  $11,285    $1,348      $277    $8.98    $1.85         $900      $80    $6.53
TRACTOR 185 HP                  274      1  $52,400    $3,975    $1,034   $14.53    $3.78       $5,600     $298   $21.56
PLANTER 6-ROW                    29      1   $4,250                $173             $6.04         $850      $30   $30.75
CULTIVATOR 6-ROW                 44      1   $2,500                 $74             $1.70         $333      $18    $8.02
DISC 14 FT                       99      1   $3,000                $169             $1.71         $400      $21    $4.27
DRILL 13 FT                      15      1   $2,150                 $32             $2.19         $430      $15   $30.32
LISTER 6-ROW                     20      1   $2,150                 $34             $1.68         $287      $15   $14.94
PLOW (MOLDBOARD) 4-14 IN         81      1   $4,000                $197             $2.44         $533      $28    $6.95
SPRAYER (MTD)                    29      1   $1,400                 $57             $1.99         $187      $10    $6.87
DIG AND INVERT 2-ROW             15      1     $625                  $1             $0.05          $83       $4    $5.81
ROD WEEDER 6-ROW                  8      1     $625                  $5             $0.63          $83       $4   $10.41
FERT SPREADER DEALER FURNIS      13      1
PEANUT THRASHER                  50      1  $14,250                $158             $3.14       $1,900     $101   $39.71
PEANUT TRAILER                   50      5   $3,500                  $1             $0.03         $467      $25    $9.75
CENTER PIVOT SPRINKLER         6211      3  $45,000      $240    $5,621    $0.04    $0.91       $6,000     $320    $1.02
ELECTRIC WELL                  6211      6  $50,400   $16,362    $1,242    $2.63    $0.20       $4,800     $358    $0.83
                                           ________  ________  ________                       ________  _______
                                           $197,535   $21,925    $9,076                        $22,853   $1,330
 
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