TABLE 1.  Basic cost information for Curry County, 2001.
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         Item
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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:
         Corn                       $/bag               $78.50
         Wheat                      $/pound              $0.11
 
    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
 
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)   $0.84
 
Personal Property Tax Rate - NR     $/$1,000 (Assessed  $23.04
                           - R               Value)     $23.17
 
Supervision Factors
    Field Crop-Irrigation           $/labor hour         $1.00
    Field Crop-Equipment & General  $/labor hour         $0.50
 
Management Rate                     percent               7.00%
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TABLE 1a.  Overhead cost information for Curry County, 2001.
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         ITEM
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  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                                             $541
    - other than land & machinery                                  $560
  Building repairs and maintenance                               $1,345
  Dues, fees, publications                                         $360
  Farmstead Equipment                                              $155
                                                               ---------
                                                      Total     $20,606
                                                               =========
                                    Total Per Planted Acre       $41.21
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