TABLE 5. Small grain hay, flood-irrigated, budgeted per acre costs and ret
         Valencia and Southern Bernalillo Counties, 2001.
              Planting dates: March 1 - May 1
              Harvesting dates: June 15 - July 15
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         ITEM                  PRICE               YIELD
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GROSS RETURNS
    SMALL GRAIN HAY         $105.00                2.50  TONS (IN FIELD)
 
         TOTAL
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                                                                 PURCHASED
PURCHASED INPUTS               PRICE              QUANTITY         INPUTS
--------- ------              -----              ------------      ------
    SEED                      $0.23                 100  LBS       $23.00
    WIRE                      $0.36                  25  LBS        $9.00
    CANAL WATER                                      24  AC. IN.   $30.00
                                                                   ______
         SUBTOTAL                                                  $62.00