TABLE 6. Permanent pasture establishment, flood-irrigated, budgeted per acre costs and returns for a 30 acre farm
         with above average management, De Baca County, 2001.
              Planting dates: May 1 - June 15
---------------------------------------------------------------------------------------------------------------------
       ITEM                    PRICE          QUANTITY      PURCHASED INPUTS                                    TOTAL
_____________________________________________________________________________________________________________________
 
PURCHASED INPUTS
--------- ------
    FESCUE SEED               $2.85                17  LBS       $48.45                                       $48.45
    NITROGEN                  $0.42                70  LBS       $29.40                                       $29.40
    CANAL WATER                                    18  AC. IN.
                                                                 ______                                       ______
         SUBTOTAL                                                $77.85                                       $77.85
 
 
                            POWER            ACCOMPLISHMENT    PURCHASED              FUEL             FIXED
PREHARVEST OPERATIONS        UNIT                 RATE            INPUTS    LABOR   & LUBE  REPAIRS     COST    TOTAL
---------- ----------      ------              ----------      ---------   -----    -----   -------   -----   ------
    DISC                   40 HP                 0.31  HR                  $2.09    $1.25    $0.27   $12.26   $15.88
    PLOW (BORROWED)        40 HP                 1.31  HR                  $8.84    $5.29    $0.18    $1.75   $16.07
    FERTILIZE              40 HP                 0.05  HR                  $0.34    $0.20    $0.04    $1.98    $2.56
    FLOAT                  40 HP                 0.32  HR                  $2.16    $1.29    $0.05   $56.98   $60.49
    BORDER DISC            40 HP                 0.00  HR                  $0.00    $0.00    $0.00    $0.00    $0.00
    DRILL (BORROWED))      40 HP                 0.41  HR                  $2.77    $1.66    $0.06    $0.55    $5.03
    IRRIGATE (3X)                                2.25  HR                 $15.19                              $15.19
                                                _________                 ______   ______   ______   ______  _______
         SUBTOTAL                                4.65  HR                 $31.39    $9.69    $0.61   $73.53  $115.22
 
OVERHEAD EXPENSES
-------- --------
    DOWNTIME                                     0.60  HR                  $4.05                               $4.05
    EMPLOYEE BENEFITS                                                      $7.85                               $7.85
    INSURANCE                                                     $0.38                                        $0.38
    SUPERVISION AND MANAGEMENT                                            $16.96                              $16.96
                                                 _________       ______   ______                              ______
         SUBTOTAL                                0.60  HR         $0.38   $28.86                              $29.24
                                                 _________      _______   ______   ______   ______   ______   _______
TOTAL OPERATING EXPENSES                         5.25  HR        $78.23   $60.25    $9.69    $0.61   $73.53  $222.30
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