TABLE 4. Alfalfa establishment, flood-irrigated, budgeted per acre costs and returns for a 20 acre part-time farm,
San Juan County, 2001.
Planting dates: April 15 - June 1
Harvest dates: June 15 - July 1
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ITEM PRICE YIELD TOTAL
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GROSS RETURNS
OAT HAY $100.00 2.00 TONS (IN FIELD) $200.00
_______
TOTAL $200.00
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PURCHASED
PURCHASED INPUTS PRICE QUANTITY INPUTS TOTAL
--------- ------ ------ ----------- ------ ------
ALFALFA SEED $2.95 20 LBS $59.00 $59.00
OAT SEED $0.23 45 LBS $10.35 $10.35
PHOSPHATE (P2O5) $0.39 45 LBS $17.55 $17.55
CANAL WATER 48 AC. IN. $43.00 $43.00
CANAL WATER (MAINTENANCE) 1 ACRE $8.00 $8.00
______ ______ ______
SUBTOTAL $86.90 $51.00 $137.90
POWER ACCOMPLISHMENT PURCHASED FUEL FIXED
PREHARVEST OPERATIONS UNIT RATE INPUTS LABOR & LUBE REPAIRS COST TOTAL
---------- ---------- ------ ---------- --------- ----- ----- ------- ----- ------
PLOW 65 HP 0.83 HR $5.60 $5.45 $0.21 $3.66 $14.92
DISC (2X) 65 HP 0.84 HR $5.67 $5.51 $0.21 $3.71 $15.10
FERTILIZE 65 HP 0.05 HR $0.34 $0.33 $0.01 $0.22 $0.90
CORRUGATE 65 HP 0.41 HR $2.77 $2.69 $0.10 $2.81 $8.38
DRILL 65 HP 0.33 HR $2.23 $2.17 $0.08 $1.46 $5.93
DITCHER 65 HP 0.10 HR $0.68 $0.66 $0.02 $0.44 $1.80
IRRIGATE (6X) 3.00 HR $19.35 $19.35
_________ ______ ______ ______ ______ _______
SUBTOTAL 5.56 HR $36.63 $16.80 $0.64 $12.30 $66.37
HARVEST OPERATIONS
------- ----------
MOWER 65 HP 0.45 HR $3.04 $2.95 $0.37 $6.91 $13.27
RAKE 65 HP 0.26 HR $1.76 $1.71 $0.12 $3.99 $7.57
BALER (CUSTOM) $65.60 $65.60
_________ ______ ______ ______ ______ ______ ______
SUBTOTAL 0.71 HR $65.60 $4.79 $4.66 $0.49 $10.91 $86.45
OVERHEAD EXPENSES
-------- --------
DOWNTIME 2.43 HR $16.37 $16.37
EMPLOYEE BENEFITS $4.97 $4.97
INSURANCE $0.50 $0.50
LAND TAXES $2.04 $2.04
SUPERVISION AND MANAGEMENT $12.81 $12.81
OTHER EXPENSES $122.80 $122.80
_________ ______ ______ ______ ______
SUBTOTAL 2.43 HR $123.30 $34.15 $2.04 $159.49
_________ _______ ______ ______ ______ ______ _______
TOTAL OPERATING EXPENSES 8.70 HR $275.80 $75.57 $21.46 $1.12 $76.25 $450.21
NET OPERATING PROFIT ($250.21)
INTEREST ON OPERATING CAPITAL ( $53.71 @ 9.00%) $4.83
INTEREST ON EQUIPMENT INVESTMENT $29.67
RETURN TO LAND AND RISK ($284.71) =====================================================================================================================