TABLE 6. Permanent pasture establishment, flood-irrigated, budgeted per acre costs and returns for a 200 acre farm
         with above average management, Socorro County, 2001.
              Planting dates: August 15 - September 15
---------------------------------------------------------------------------------------------------------------------------
       ITEM                    PRICE             QUANTITY      PURCHASED INPUTS                                       TOTAL
___________________________________________________________________________________________________________________________
 
PURCHASED INPUTS
--------- ------
    FESCUE SEED               $2.85                   15  LBS         $42.75                                        $42.75
    ANHYDROUS AMMONIA (NH3) $0.2000                   50  LBS         $10.00                                        $10.00
    CANAL WATER                                       12  AC. IN.
                                                                    ______                                         ______
         SUBTOTAL                                                     $52.75                                        $52.75
 
 
                            POWER              ACCOMPLISHMENT     PURCHASED                FUEL             FIXED
PREHARVEST OPERATIONS        UNIT                   RATE               INPUTS    LABOR   & LUBE  REPAIRS     COST     TOTAL
---------- ----------      ------                ------- ---      -----------   -----    -----   -------   -----   ------
    DISC                   130 HP                   0.17  HR                    $0.88    $1.67    $1.04    $3.16     $6.75
    PLOW                   130 HP                   0.67  HR                    $3.45    $6.60    $4.52   $13.04    $27.61
    DISC (2X)              130 HP                   0.34  HR                    $1.75    $3.35    $2.08    $6.33    $13.50
    LAND PLANE             130 HP                   0.19  HR                    $0.98    $1.87    $0.96    $5.81     $9.61
    BORDER DISC            65 HP                    0.05  HR                    $0.26    $0.36    $0.09    $1.19     $1.90
    DRILL                  65 HP                    0.25  HR                    $1.29    $1.82    $0.81    $4.24     $8.15
    IRRIGATE (3X)                                   1.50  HR                    $7.73                                $7.73
                                                  ______ ___                   ______   ______   ______   ______  _______
         SUBTOTAL                                   3.17  HR                   $16.33   $15.67    $9.50   $33.75    $75.25
 
OVERHEAD EXPENSES
-------- --------
    DOWNTIME                                        0.42  HR                    $2.15                                $2.15
    EMPLOYEE BENEFITS                                                           $4.08                                $4.08
    INSURANCE                                                          $0.33                                         $0.33
    SUPERVISION AND MANAGEMENT                                                 $11.29                               $11.29
                                                   _____ ____       ______     ______                              ______
         SUBTOTAL                                   0.42  HR           $0.33   $17.53                               $17.85
                                                   _____ ____      _______     ______   ______   ______   ______   _______
TOTAL OPERATING EXPENSES                            3.59  HR          $53.08   $33.85   $15.67    $9.50   $33.75   $145.85
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