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: Nitrogen (N) $/pound $0.42 Phosphate (P205) $/pound $0.39 Seed: Alfalfa $/pound $2.95 Diesel fuel $/gallon $1.40 Gasoline $/gallon $1.35 Electricity (SWPS) cents/KwH 6.45 LP Gas $/gallon $0.98 Natural Gas (Gas NM) $/MCF $3.71 Plastic Twine $/box $18.25 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 $109.00 /acre (full value) $0.88 Personal Property Tax Rate - NR $/$1,000 (Assessed $24.17 - R Value) $23.62 Supervision Factors Field Crop-Irrigation $/labor hour $1.00 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 $2,260 Pickup and Auto miles 20,000 @ $0.325 per mile $6,500 Insurance - general liability (non-employee) $2,030 - fire/theft $1,625 Property Taxes - non-planted land $551 - other than land & machinery $580 Building repairs and maintenance $1,345 Dues, fees, publications $370 Farmstead Equipment $155 --------- Total $20,646 ========= Total Per Planted Acre $41.29 ------------------------------------------------------------------------