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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />D01396. <br /> <br />8.1 Summary <br /> <br />Revised crop budgets for alfalfa and malt barley reflecting <br /> <br /> <br />reduced economies of scale were prepared for a 288 acre operation in <br /> <br />the San Juan Watershed. The yields used in these crop budgets are an <br /> <br /> <br />average of yield estimates for climatic zones D and E, since the two <br /> <br />parcels under consideration lie on the elevation break point between <br /> <br /> <br />the two climatic zones. A total of four crop budgets were prepared to <br /> <br />reflect the crop rotation practices inherent in the alfalfa, malt <br /> <br /> <br />barley cropping pattern. Copies of the computer output for each <br /> <br /> <br />budget are attached. <br /> <br />The ,first budget set reflects the costs and returns for a field <br /> <br /> <br />of established alfalfa. The second budget set is for a field that is <br /> <br /> <br />plowed out of alfalfa and reseeded to malt barley. The third budget <br /> <br />set is for a field of established malt barley, while the fourth set <br /> <br /> <br />reflects the costs and returns involved in reseeding alfalfa from a <br /> <br />malt barley field. <br /> <br /> <br />A summary of the budgetary results for a 288 acre operation in <br /> <br /> <br />the San Juan Watershed is given in Table 8-1. The overall return per <br /> <br /> <br />acre was computed by multiplying the net return for each crop by its <br /> <br /> <br />proportion of the cropping pattern, and then summing these weighted <br /> <br />averages over all crops. An efficiency adjustment factor of 1.1 was <br /> <br />used to reflect the possibility that under ideal conditions, it might <br /> <br /> <br />be possible to achieve returns of up to 1D percent higher than those <br /> <br />projected through the crop budgeting process. The adjusted net return <br /> <br /> <br />of $205.16 is about $65.00 per acre lower than the corresponding <br /> <br />figure of $270.00 for a 1000 acre operation in climatic zone D. It is <br /> <br /> <br />$35.00 lower than the corresponding climatic zone E return. <br /> <br />h <br />,k.:.j, <br />