TABLE 17. Summary of per acre costs and returns, 200 acre farm with above average management, Socorro County, 2001.
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PERMANENT SUDAN WHEAT BARLEY CORN
ALFALFA ALFALFA PASTUREPERMANENT OAT HAY SUDAN CORN FOR FOR FOR GREEN
ESTABLISHMENT HAY EST. PASTURE HAY (AOH) HAY SILAGE GRAIN GRAIN GRAIN CHILE
--------------------------------------FLOOD--------------------------------------
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TONS AUMS TONS TONS TONS TONS CWT CWT CWT LBS
PRIMARY YIELD 6.50 15.00 2.50 2.50 5.00 22.00 45.00 45.00 85.00 12000.00
PRIMARY PRICE 120.00 12.00 110.00 90.00 90.00 28.00 5.00 2.68 3.57 0.15
GOVERNMENT PAYMENTS 0.00 0.00 0.00 0.00 0.00 0.00 34.65 15.30 39.10 0.00
SECOND INCOME 10.00 0.00 0.00 10.00 10.00 0.00 10.00 10.00 10.00 500.00
GROSS RETURN $790.00 $180.00 $275.00 $235.00 $460.00 $616.00 $269.65 $145.84 $352.55 $2,300.00
CASH OPERATING EXPENSES
SEED $59.00 $42.75 $23.00 $31.80 $37.10 $24.53 $11.00 $25.00 $24.53 $147.00
FERTILIZER $51.90 $64.21 $10.00 $40.00 $20.00 $40.00 $40.00 $96.90 $159.10 $91.90 $101.90 $58.88
CHEMICALS $29.11 $20.04 $20.04 $27.30 $38.94 $18.15
CROP INSURANCE $1.00 $5.00 $2.50
OTHER PURCHASED INPUTS $20.05 $7.71 $7.71 $15.43 $115.50
CANAL WATER $30.00 $30.00 $25.00 $30.00 $25.00 $25.00 $25.00 $25.00 $25.00 $25.00
FUEL, OIL & LUBRICANTS-EQUIPMENT $13.80 $21.52 $15.67 $0.00 $19.97 $11.70 $22.61 $22.88 $15.67 $15.67 $22.88 $150.65
FUEL-IRRIGATION
REPAIRS $8.54 $14.06 $9.50 $0.00 $12.31 $6.75 $14.09 $12.34 $9.50 $9.50 $12.34 $38.61
CUSTOM CHARGES $73.33 $155.00 $38.70 $39.15 $52.70 $720.00
LAND TAXES $1.74 $1.74 $0.87 $0.87 $1.74 $1.74 $1.74 $1.74 $1.74 $1.74
OTHER EXPENSES $0.31 $81.80 $0.33 $81.51 $40.98 $40.85 $81.67 $81.64 $81.47 $81.47 $81.74 $83.63
________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________
TOTAL CASH EXPENSES $206.88 $262.49 $78.24 $153.24 $149.85 $189.72 $257.67 $447.33 $343.17 $294.42 $364.27 $1,359.16
RETURN OVER CASH EXPENSES ($206.88) $527.51 ($78.24) $26.76 $125.15 $45.28 $202.33 $168.67 ($73.52) ($148.59) ($11.72) $940.84
FIXED EXPENSES $27.95 $145.93 $33.75 $27.09 $48.93 $32.73 $60.93 $69.61 $33.75 $33.75 $69.61 $131.49
TOTAL EXPENSES $234.83 $408.42 $112.00 $180.34 $198.78 $222.45 $318.60 $516.94 $376.93 $328.18 $433.88 $1,490.65
NET FARM INCOME ($234.83) $381.58 ($112.00) ($0.34) $76.22 $12.55 $141.40 $99.06 ($107.28) ($182.34) ($81.33) $809.35
LABOR AND MANAGEMENT COSTS $43.93 $113.10 $33.85 $45.49 $54.56 $42.08 $81.27 $91.98 $53.24 $44.57 $75.88 $323.53
NET OPERATING PROFIT ($278.76) $268.48 ($145.85) ($45.82) $21.67 ($29.53) $60.12 $7.08 ($160.52) ($226.92)($157.21) $485.82
CAPITAL COSTS
INTEREST ON OPERATING CAPITAL $5.37 $4.95 $2.90 $4.79 $5.68 $8.65 $8.56 $6.35 $8.74 $22.33
INTEREST ON EQUIPMENT INVESTMENT $60.34 $0.00 $40.48 $22.55 $42.82 $32.75 $42.82 $20.68 $20.68 $90.97
________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________
TOTAL CAPITAL COSTS $0.00 $65.71 $0.00 $4.95 $43.38 $27.34 $48.50 $41.39 $51.38 $27.03 $29.42 $113.31
RETURN TO LAND AND RISK ($278.76) $202.78 ($145.85) ($50.77) ($21.71) ($56.87) $11.62 ($34.32)($211.90) ($253.94)($186.63) $372.51
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