TABLE 3. Equipment summary for a 640 acre sprinkler-irrigated hay farm with above average management, Curry County, 2001.
------------------------------------------------------------------------------------------------------------------------------
         EQUIPMENT                                         VARIABLE COSTS                                   FIXED COSTS
--------------------------- ANNUAL  ------------------------------------------------------         ---------------------------
                           HOURS OF            TOTAL  FUEL AND          FUEL,LUBE   REPAIR          DEPREC-              TOTAL
   ITEM & SIZE                USE    NUMBER    VALUE  LUBRICANT   REPAIR   PER HR   PER HR            IATION    TAXES PER HOUR
------------------------------------------------------------------------------------------------------------------------------
 
 
TRACTOR 96 HP                   300        1   $6,800   $2,262     $630    $7.54    $2.10              $343      $41    $1.28
TRACTOR 140 HP                  282        1  $23,900   $3,101   $1,419   $11.00    $5.03            $3,493     $211   $13.14
TRACTOR 185 HP                  159        1  $52,400   $2,310     $429   $14.53    $2.70            $5,995     $362   $39.98
SWATHER 16 FT                   275        1  $15,215   $1,441       $0    $5.24    $0.00            $2,750     $222   $10.81
DISC 14 FT                       14        1   $3,000               $36             $2.58              $400      $24   $30.30
FERT SPREADER DEALER FURNIS       0
CHISEL 7-PT                      20        1   $1,200               $19             $0.94              $160      $10    $8.48
FLOAT 14 FT                      32        1     $600                $3             $0.09               $60       $4    $1.99
BALER 1-TON                     125        1  $59,280            $2,070            $16.56            $5,812     $351   $49.30
RAKE                            300        3   $4,650              $512             $1.71              $465      $37    $1.67
FRONT END LOADER                250        1   $2,550                $0             $0.00              $255      $21    $1.10
SPRINKLER                      7354        4  $60,000     $356   $6,656    $0.05    $0.91            $8,000     $483    $1.15
ELECTRIC WELL                  7354        4  $95,500  $51,852     $666    $7.05    $0.09            $8,682     $769    $1.29
                                             _________  _______  _______                            ________  _______
         TOTAL                               $325,095  $61,323  $12,439                             $36,415   $2,536
==============================================================================================================================