TABLE 5. Permanent pasture establishment, flood-irrigated, budgeted per acre costs and returns for a 300 acre farm wi above average management, Cibola County, 2001. Planting Dates: May 15 - July 1 --------------------------------------------------------------------------------------------------------------------- ITEM PRICE QUANTITY PURCHASED INPUTS TOTAL _____________________________________________________________________________________________________________________ PURCHASED INPUTS --------- ------ GRASS SEED $2.85 15 LBS $42.75 $42.75 CANAL WATER 18 AC. IN. $9.00 $9.00 ______ ______ SUBTOTAL $51.75 $51.75 POWER ACCOMPLISHMENT PURCHASED FUEL FIXED PREHARVEST OPERATIONS UNIT RATE INPUTS LABOR & LUBE REPAIRS COST TOTAL ---------- ---------- --------- ---------- --------- ----- ----- ----- ----- ------ PLOW 93 HP 0.67 HR $4.32 $6.75 $2.33 $6.12 $19.52 DISC (2X) 93 HP 0.14 HR $0.90 $1.41 $0.53 $2.61 $5.46 FLOAT 93 HP 0.24 HR $1.55 $2.42 $0.30 $0.67 $4.94 DRILL 65 HP 0.21 HR $1.35 $1.48 $0.52 $5.31 $8.67 BORDER DISC 40 HP 0.05 HR $0.32 $0.22 $0.04 $0.66 $1.24 IRRIGATE (3X) 1.50 HR $7.73 $7.73 _________ ______ ______ ______ ______ ______ SUBTOTAL 2.81 HR $16.17 $12.28 $3.71 $15.37 $47.54 OVERHEAD EXPENSES -------- -------- DOWNTIME 0.33 HR $2.11 $2.11 EMPLOYEE BENEFITS $2.91 $2.91 INSURANCE $0.32 $0.32 LAND TAXES $0.31 $0.31 SUPERVISION AND MANAGEMENT $9.11 $9.11 _________ ______ ______ ______ ______ SUBTOTAL 0.33 HR $0.32 $14.13 $0.31 $14.77 _________ ______ ______ ______ ______ ______ _______ TOTAL OPERATING EXPENSES 3.14 HR $52.07 $30.30 $12.28 $3.71 $15.69 $114.06 =====================================================================================================================