TABLE 4.  Alfalfa establishment, flood-irrigated, budgeted per acre costs and returns for an 80 acre part-time farm,
          Dry Cimarron area, Union County, 2001.
               Planting dates: August 15 - September 15
----------------------------------------------------------------------------------------------------------------------
       ITEM                     PRICE          QUANTITY      PURCHASED INPUTS                                    TOTAL
______________________________________________________________________________________________________________________
 
PURCHASED INPUTS
-----------------
    SEED                       $2.95                18  LBS       $53.10                                       $53.10
    CANAL WATER                                      5  AC. IN.
                                                                  ______                                       ______
          SUBTOTAL                                                $53.10                                       $53.10
 
 
                             POWER            ACCOMPLISHMENT    PURCHASED              FUEL             FIXED
PREHARVEST OPERATIONS         UNIT                 RATE            INPUTS    LABOR   & LUBE  REPAIRS     COST    TOTAL
----------------------      ------              ----------      ---------   -----    -----   -------   -----   ------
    CHISEL                  40 HP                 0.20  HR                  $1.51    $0.84    $0.09    $0.09    $2.52
    DISC                    40 HP                 0.17  HR                  $1.28    $0.71    $0.07    $0.07    $2.14
    DRILL                   40 HP                 0.25  HR                  $1.89    $1.05    $0.11    $0.11    $3.15
    DITCH MAINTENANCE                             0.50  HR                  $3.78                               $3.78
    IRRIGATE (1X)                                 0.75  HR                  $5.06                               $5.06
                                                 _________                 ______   ______   ______   ______   _______
          SUBTOTAL                                1.87  HR                 $13.52    $2.60    $0.27    $0.27   $16.66
 
OVERHEAD EXPENSES
------------------
    DOWNTIME                                      0.16  HR                  $1.17                               $1.17
    EMPLOYEE BENEFITS                                                       $2.43                               $2.43
    INSURANCE                                                      $0.27                                        $0.27
    SUPERVISION AND MANAGEMENT                                              $5.94                               $5.94
                                                  _________       ______   ______                               ______
          SUBTOTAL                                0.16  HR          0.27     9.55                                9.82
                                                  _________      _______   ______   ______   ______   ______   _______
TOTAL OPERATING EXPENSES                          2.03  HR        $53.37   $23.06    $2.60    $0.27    $0.27   $79.57
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