TABLE 8. Summary of per acre costs and returns for an 80 acre farm,
San Juan County, 2001.
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ANNUAL CORN
ALFALFA ALFALFA PASTURE ANNUAL FOR
ESTABLISHMENT HAY EST. PASTURE SILAGE
---------------------FLOOD-------------------
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TONS TONS AUMS TONS
PRIMARY YIELD 2.25 5.00 12.00 21.00
PRIMARY PRICE 110.00 120.00 12.00 28.00
GOVERNMENT PAYMENTS 0.00 0.00 0.00 0.00
SECOND INCOME 10.00 20.00 0.00 0.00
GROSS RETURN $257.50 $620.00 $144.00 $588.00
CASH OPERATING EXPENSES
SEED $69.35 $39.90 $29.44
FERTILIZER $17.55 $17.55 $27.90 $42.00 $45.00
CHEMICALS $15.77 $15.25
CROP INSURANCE
OTHER PURCHASED INPUTS $6.94 $15.43 $0.00 $0.00 $0.00
CANAL WATER
FUEL, OIL & LUBRICANTS-EQUIPMENT $14.86 $11.59 $11.25 $1.59 $20.61
FUEL-IRRIGATION
REPAIRS $5.52 $3.86 $4.25 $0.43 $7.09
CUSTOM CHARGES
LAND TAXES $2.04 $2.04 $2.04 $2.04
OTHER EXPENSES $0.70 $128.57 $0.43 $128.43 $128.83
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TOTAL CASH EXPENSES $116.97 $194.81 $83.73 $174.49 $248.26
RETURN OVER CASH EXPENSES $140.53 $425.19 ($83.73) ($30.49) $339.74
FIXED EXPENSES $141.98 $198.08 $81.87 $94.34 $175.71
TOTAL EXPENSES $258.95 $392.89 $165.60 $268.83 $423.97
NET FARM INCOME ($1.45) $227.11 ($165.60)($124.83) $164.03
LABOR AND MANAGEMENT COSTS $78.07 $105.12 $43.96 $61.10 $121.76
NET OPERATING PROFIT ($79.51) $121.99 ($209.56)($185.93) $42.27
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $4.61 $2.32 $1.94 $4.51
INTEREST ON EQUIPMENT INVESTMENT $83.26 $73.85 $5.05 $113.93
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TOTAL CAPITAL COSTS $87.87 $76.17 $0.00 $6.98 $118.45
RETURN TO LAND AND RISK ($167.38) $45.82 ($209.56)($192.91) ($76.18)
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