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<br /> <br />0 <br /> 2 <br />N <br />.~}. 3 <br />".. <br />N 4 <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br /> 9 <br /> 10 <br /> II <br /> 12 <br /> 13 <br /> 14 <br /> <br /> <br />.~ <br /> <br /> <br />naires also were used to gather information on farm operations, yields, <br /> <br />and acres irrigated per hour. Several variables were considered In <br /> <br />computing gross returns, total costs and net returns for each crop <br /> <br />budget of the three levels of management. Some of the variables are: <br /> <br />(I) Land Values - Along with other factors, the degree of development on <br /> <br /> <br />the. farm has a direct effect on land values, Values have ranged from <br /> <br />$600 per acre on a poorly developed farm up to $950 per acre for a <br /> <br />highly improved farm on which land was leveled and where efficient use <br /> <br />of water was combined with good cultural practices. Values for orchard <br /> <br />land range from $2,000 per acre on poorly developed orchard land up to <br />$5,000 per acre for highly improved orchard land. The land value affects <br /> <br />the amount of interest included as a cost in the crop budgets. Land <br /> <br />values with resulting interest costs used in the budgets for ,the three <br /> <br />management levels are presented in the following tabulation. <br /> <br />Land Values by Management Level <br />High Medium Low <br />--------Dollars per Acre------- <br /> <br />Land Value <br /> Row Crop Farm <br /> Orcha rds <br />Interest Cost at 8-1/2% <br /> Row Crop Farm <br /> Orchards <br /> <br />800 <br /> <br />600 <br /> <br />950 <br /> <br />4,000 <br /> <br />5,000 <br /> <br />2,000 <br /> <br />81 <br /> <br />68 <br />340 <br /> <br />51 <br /> <br />425 <br /> <br />170 <br /> <br />23 <br />