TABLE 1. Basic cost information for Curry County, 2001. =============================================================== Item --------------------------------------------------------------- Labor Wage Rate: Equipment operators $/hour $7.55 General & Irrigators $/hour $6.75 Purchased Inputs: Fertilizer: Anhydrous Ammonia $/ton $400.00 Seed: Wheat $/pound $0.11 Grain Sorghum $/pound $1.04 Diesel fuel $/gallon $1.45 Gasoline $/gallon $1.35 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 $40.00 /acre (full value) $0.31 Personal Property Tax Rate - NR $/$1,000 (Assessed $23.04 - R Value) $23.17 Supervision Factors Field Crop-Equipment & General $/labor hour $0.50 Management Rate percent 7.00% --------------------------------------------------------------- TABLE 1a. Overhead cost information for Curry County, 2001. ======================================================================== ITEM ------------------------------------------------------------------------ Electricity (Domestic & Shop) $205.00 per month $2,460 Telephone $105.00 per month $1,260 Accounting & Legal $1,510 Misc. Supplies & Hand Tools $2,285 Pickup and Auto miles 30,000 @ $0.325 per mile $9,750 Insurance - general liability (non-employee) $2,035 - fire/theft $1,625 Property Taxes - non-planted land $201 - other than land & machinery $940 Building repairs and maintenance $1,340 Dues, fees, publications $370 Farmstead Equipment $155 --------- Total $23,931 ========= Total Per Planted Acre $15.05 ------------------------------------------------------------------------