beef produced from calves after crediting the value of culled
cows sold was $97.33 per acre on Program 1, $93.12 on Program
2, and $126.33 on Program 3. Net returns per acre varied from
$35.71 on Program 1 to a low of $29.62 on Program 3.
 The data are summarized in Table 20 and are expressed on
the basis of cost per acre, cost per cow, and gross cost per hun-
dredweight of beef sold from calves and culled cows. Total pas-
ture cost per acre varied from $28.57 on Program 2 to $48.53


Table 20.-Cost per Acre, Cost per Cow and Gross Cost per Hundred-
 weight of Beef Sold from Calves and Culled Cows.


Item


Fertilizer and lime"
Pasture maintenance
Cost of irrigation
Investment charge
 Total pasture costs
Supplemental feeds and
 minerals
Other costs for cows
 Total costs


Fertilizer and lime"
Pasture maintenance
Cost of irrigation
Investment charge
 Total pasture costs
Supplemental feeds and
 minerals
Other costs for cows
 Total costs


Fertilizer and lime"
Pasture maintenance
Cost of irrigation
Investment charge
 Total pasture costs
Supplemental feeds and
 minerals
Other costs for cows
 Total costs


$ 9.66
 1.97

 17.36
$ 28.99

$ 22.83
 72.04
$123.86


$ 13.04
 2.66

 23.44
$ 39.14

$ 30.82
 97.25
$167.21


Program Number
 2
 Cost per acre
 $ 9.66
 1.55

 17.36
 $ 28.57

 $ 21.66
 68.01
 $118.24

 Cost per cow
 $ 13.82
 2.21

 24.82
 $ 40.85


$ 30.97
 97.25
$169.07


Gross cost per hundredweight
 $ 2.26 $ 2.42
 .46 .39

 4.05 4.35
 $ 6.77 $ 7.16


$ 5.34
 16.83
$ 28.94


$ 5.43
 17.04
$ 29.63


 3

$ 11.90
 1.45
 17.82
 17.36
$ 48.53

$ 28.50
 77.80
$154.83


$ 14.88
 1.81
 22.27
 21.70
$ 60.66


 $ 35.62
 97.25
 $193.53
of beef sold'
 $ 2.51
 .31
 3.75
 3.65
 $ 10.22


$ 6.00
 16.38
$ 32.60


"Covers cost of spreading on pastures.
bBased on pounds of beef sold from calves and culled cows.