TABLE 5. Summary of per acre costs and returns for a 1,280 acre
farm with above average management, Rogers-Dora area,
Roosevelt County, 2001.
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GRAIN
SORGHUM WHEAT
---DRYLAND----
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CWT BU
PRIMARY YIELD 15.00 18.00
PRIMARY PRICE 3.00 3.00
GOVERNMENT PAYMENTS 8.25 8.28
SECOND INCOME 5.00 10.00
GROSS RETURN 58.25 $72.28
CASH OPERATING EXPENSES
SEED $3.12 $3.30
FERTILIZER
CHEMICALS $15.14
CROP INSURANCE $0.12 $0.09
OTHER PURCHASED INPUTS
CANAL WATER
FUEL, OIL & LUBRICANTS-EQUIPMENT $10.32 $6.92
FUEL-IRRIGATION
REPAIRS $9.62 $8.83
CUSTOM CHARGES $0.00 $0.00
LAND TAXES $0.12 $0.12
OTHER EXPENSES $21.55 $21.50
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TOTAL CASH EXPENSES $59.98 $40.76
RETURN OVER CASH EXPENSES ($1.73) $31.52
FIXED EXPENSES $23.39 $20.95
TOTAL EXPENSES $83.37 $61.71
NET FARM INCOME ($25.12) $10.57
LABOR AND MANAGEMENT COSTS $13.59 $11.23
NET OPERATING PROFIT ($38.70) ($0.65)
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $1.14 $0.37
INTEREST ON EQUIPMENT INVESTMENT $15.02 $12.63
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TOTAL CAPITAL COSTS $16.16 $13.00
RETURN TO LAND AND RISK ($54.86) ($13.65)
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