TABLE 4. Alfalfa establishment, sprinkler-irrigated, budgeted per acre costs and returns for a 1,280 acre farm
         with above average management, Union County, 2001.
              Planting dates: August 1 - September 1
---------------------------------------------------------------------------------------------------------------------
       ITEM                    PRICE          QUANTITY         PURCHASED INPUTS                                 TOTAL
_____________________________________________________________________________________________________________________
 
PURCHASED INPUTS
--------- ------
    SEED                      $2.95                20  LBS       $59.00                                       $59.00
    OAT SEED                  $0.23                30  LBS        $6.90                                        $6.90
    PUMP WATER*                                     3  AC. IN.
                                                                 ______                                       ______
         SUBTOTAL                                                $65.90                                       $65.90
 
 
                            POWER            ACCOMPLISHMENT      PURCHASED            FUEL             FIXED
PREHARVEST OPERATIONS        UNIT                 RATE            INPUTS    LABOR   & LUBE  REPAIRS     COST    TOTAL
---------- ----------      ------              ----------      ---------   -----    -----   -------   -----   ------
    DISC                   185 HP                0.07  HR                  $0.53    $1.02    $0.68    $2.70    $4.92
    CULTI-PACKER           93 HP                 0.17  HR                  $1.28    $1.60    $0.65    $8.61   $12.15
    DRILL                  93 HP                 0.12  HR                  $0.91    $1.13    $1.30    $1.64    $4.98
    IRRIGATE (4X)                                0.40  HR                  $2.70    $8.13    $2.20    $2.90   $15.93
                                                _________                 ______   ______   ______   ______   _______
         SUBTOTAL                                0.76  HR                  $5.42   $11.87    $4.83   $15.86   $37.98
 
OVERHEAD EXPENSES
-------- --------
    DOWNTIME                                     0.09  HR                  $0.68                               $0.68
    EMPLOYEE BENEFITS                                                      $0.98                               $0.98
    INSURANCE                                                     $0.11                                        $0.11
    SUPERVISION AND MANAGEMENT                                             $7.85                               $7.85
                                                 _________       ______   ______                               ______
         SUBTOTAL                                0.09              0.11     9.51                                9.61
                                                 _________      _______   ______   ______   ______   ______   _______
TOTAL OPERATING EXPENSES                         0.85  HR        $66.01   $14.92   $11.87    $4.83   $15.86  $113.50
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