TABLE 1. Basic cost information for Dry Cimarron area,
Union County, 2001.
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Item
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Labor Wage Rate:
Equipment operators $/hour $7.55
General & Irrigators $/hour $6.75
Purchased Inputs:
Seed:
Alfalfa $/pound $2.95
Natural gas $/MCF $3.48
Diesel fuel $/gallon $1.40
Gasoline $/gallon $1.35
Electricity cents/KwHr 5.71
LP Gas $/gallon $1.02
Baling Wire $/pound $0.36
Employee Liability Insurance $/$1,000 wages $20.00
Employee Benefits percent/wages 18.00%
Labor Downtime percent 25.00%
Financial Rates:
Operating Capital Interest Rate percent 9.00%
Land Interest Rate percent 7.50%
Equipment Interest Rate percent 9.00%
Real Interest Rate percent 4.00%
Land Taxes $27.00 /acre (full value) $0.25
Personal Property Tax Rate - NR $/$1,000 (Assessed $27.40
- R Value) $24.37
Supervision Factors
Field Crop-Irrigation $/labor hour $1.00
Field Crop-Equipment & General $/labor hour $0.50
Management Rate percent 7.00%
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TABLE 1a. Overhead cost information for the Dry Cimarron area, 2001.
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ITEM
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Electricity (Domestic & Shop) $105.00 per month $1,260
Telephone $80.00 per month $960
Accounting & Legal $465
Misc. Supplies & Hand Tools $760
Pickup and Auto
miles 10,300 @ $0.325 per mile $3,348
Insurance
- general liability (non-employee) $990
- fire/theft $645
Property Taxes
- other than land & machinery $300
Building repairs and maintenance $490
Dues, fees, publications $245
Farmstead Equipment $75
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Total $9,538
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Total per planted acre $119.22
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