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<br />t.. ~'J '1 <br />. -.). <br />'- <br /> <br />NARR01/S UN IT 1983 ADDENDUM <br />PAYMENT CAPACITY FARM BUDGETS <br />IRRIGATED BUDGET <br /> <br />PER ACRE GROSS RETURNS: <br /> <br />Corn (240 acres) <br /> <br />gra i n $2. 60/bu X 140 bu/ A = $364.00 <br />stalk $6.50/Aum X 1.75 Aum/A = $11.40 <br /> <br />PER ACRE PRODUCTION COSTS: <br /> <br />seed <br />fertil i zer <br />pesticide <br />custom spray/rental <br />swather (fuel, repairs, depr.) <br />combine (fuel, repairs, depr.) <br />baling twine <br />Subtota 1 <br /> <br />tractors (fuel, repairs, depr.) <br />trucks (fuel, repairs, depr.) <br />nonpower machinery repairs <br />nonpower machinery depr. <br />debt interest: <br />machinery (43.5%) <br />buildings (14.1%) <br />land (14.1%) <br />PCA <br />property taxes <br />miscellaneous <br />Subtota 1 <br /> <br />PER ACRE NET INCOME: <br /> <br />gross return <br />less costs <br /> <br />Net Income <br /> <br />WHOLE FARM NET INCOME (300 acres): <br /> <br />corn: 240 acres X $151.10 = <br />alfalfa: 60 acres X $60.45 = <br />Net income from crops <br /> <br />livestock sales '$24,992 <br />less purchases . ( 19,475) <br />less value of feed (4,767) <br />less miscellaneous costs ( 634) <br />Net income from livestock <br />TOTAL NET FARM INCOME <br /> <br />l~El!f,fIl/AIiY HEPURT <br />ADMIN!SlR4TlVf ""f <br />I/,) OIllY <br /> <br />Alfalfa (48 acres estab., 12 acre seed.) <br /> <br />$60/ton X 3.8 ton/A = $228.00 <br />Yield: 4.5 ton/A, established <br />1.0 ton/A, seeding <br /> <br />Corn Alfalfa <br />$21. 35 $ 5.30 <br />31.00 12.80 <br />23.95 <br />7.25 1.00 <br /> 7.35 <br /> <br />6.30 <br />$89.85 <br /> <br />Whole Farm <br /> <br />$ 22.80 <br />11. 60 <br />3.45 <br />1.90 <br /> <br />56.50 <br />1.25 <br />14.95 <br />4.50 <br />13.50 <br />4.00 <br />$134.45 <br /> <br />Corn <br /> <br /> <br />$36,264 <br />3,627 <br />$39,891 <br /> <br />(116) <br />$39,775 <br /> <br />6.65 <br />$33.10 <br /> <br />Alfalfa <br /> <br />$228.00 <br />( 33.10) <br />(134.45) <br />$ 60.45 <br /> <br />PI1/]J, <br />to! If.'tJItfilAR; <br />~/#/.rl;p, J/}O/lr <br />',fllrt bS{ <br />U,f'IY <br />