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<br />, . <br /> <br />. <br /> <br />. <br /> <br />Prices Received and Paid bv Farmers <br /> <br />The Hater Resources Council's "Agri cultura 1 Pri ce Standards," <br />guideline 2, October 1974, were used in this analysis. These price <br />. standards represent current normal i zed prices for short-term fl uctuati ons. <br />These prices were used for both the repayment and benefit analyses. <br />Prices not given in the price standards were taken from local primary <br />and secondary sources and adjusted by the appropriate indices. Prices <br />for types and classes of livestock were developed from the Omaha livestock <br />market reports. Prices received by farmers for crops and livestock used <br />in the analyses are listed below: <br /> <br />. Item <br /> <br />Prices <br /> <br />Corn (bushel) <br />Alfalfa (ton) <br />Sugar beets (ton) <br />Hheat (bushel) <br />Sorghum (bushel) <br />Cattle (cwt) <br /> <br />$ 1. 78 <br />38.20 <br />17.11 <br />2.12 <br />1.52 <br />40.00 <br /> <br />The following list of items shows some of the representative cost <br />items used for production of crops and livestock in both the repayment <br />and benefit analyses. <br /> <br />Item <br /> <br />Cost <br /> <br />$8,560 <br />3,800 <br />1,560 <br />1,700 <br />18.30 <br />270.00 <br />77.5 <br />49.70 <br />45.10 <br /> <br />Tractor, 50-59 hp <br />Pi ckup truck <br />Disk, tandem, 12-ft <br />Planter with fertilizers, 4-row <br />Seed corn (bushel) <br />Nitrogen fertilizer (ton) <br />Tax rate (~ills) <br />Feeder calves, 450 lbs (cwt) <br />Feeder cattle, 660 lbs (cwt) <br /> <br />Crop Yields <br /> <br />Farm budgets compiled to measure irrigation repayment capacity <br />and benefits are based on projected crop yields as developed from <br />average county yields for a composite land class for the years 1985 <br />and 2010, respectively. Current irrigation experience in the Narrows <br />area warrants considerable change in projected crop yields over those <br />forecasted a few years ago because of increasing use of fertilizer, <br /> <br />15 <br />