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IMPROVING NEW MEXICO’S WATER MANAGEMENT - page 23 / 47

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- Cash operating expenses

$19,312

$25,512

$106,938

$638,805

Net above Cash operating expense

$6,620

$27,773

$22,160

$249,582

Seasonal value of water

$73

$80

$34

$100

Water delivery Cost per aft Surface Groundwater

$7

$8

$6

$19

Within season value of water Gross returns minus harvest costs Intra seasonal value of water

$25,932 $284

$53,285 $154

$129,098 $197

$888,387 $355

$6,620 $1,747 $1,953 $898 $2,022 $22

$27,773 $6,936 $7,955 $4,121 $8,761 $25

$22,160 $9,973 $14,715 $8,135 -$10,663 $0

$249,582 $41,192 $73,781 $28,456 $106,153 $42

$1,108.55

$1,262.39

$500.00

$2,123.06

Long Term Value of Water (Annual basis) Net above Cash operating expense

  • -

    Fixed expense

  • -

    Labor and Management

  • -

    Capital Expenses

Net Return to land water and risk Long term value of water

Value of Water Right in Agriculture

@

2%

capitalization rate

1/ Source NM Cooperative Extension Service Costs and Returns Estimates 2001 (projected)

Table 14 indicates agricultural water values for the Pecos River Basin.

Northern Mountains 40

Bernalillo 100

Socorro 200

Dona Ana 500

2.28

3.47

3.27

3 2 2500

91.2

347

654

Table 13: Agricultural Water Values in the Rio Grande Basin (2001) 1/

Representative Farm Size Water Diversion per acre

Surface Groundwater Total water Diversion (farm gate)

Seasonal value of water

23

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