TABLE 5.  Alfalfa hay, flood-irrigated, budgeted per acre costs and return
          Dry Cimarron area, Union County, 2001.
               Harvesting dates: May 15 - September 15
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          ITEM                  PRICE             YIELD
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GROSS RETURNS
    ALFALFFA HAY             $120.00              4.00  TONS (STACKED)
    GRAZING                   $15.00              1.00  ACRE
 
          TOTAL
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                                                                PURCHASED
PURCHASED INPUTS                PRICE             QUANTITY        INPUTS
-----------------           ---------            -----------      ------
    LIVESTOCK FAC & EQUIP
    ESTABLISHMENT: Principal                        10  YEARS
                  : Interest
    BALING WIRE                $0.36                34  LBS       $12.34
    CANAL WATER                                     16  AC. IN.    $5.00
    PUMP WATER*                                      8  AC. IN.
                                                                  ______
          SUBTOTAL                                                $17.34