Table 8. Livestock Enterprise, cost and returns for a 40 acre farm with livestock
as the primary enterprise, with above average management, Northern Mountain C
2000.
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GROSS RETURNS Sale Guideline Guideline
Weight Total Value Value
NUMBER $/CWT (CWT) ($) ($/Cow) ($/AU)
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0 YEARLING HEIFERS $85.00 4.85 $0 $0.00 $0.00
0 YEARLING STEERS 92.00 5.25 0 0.00 $0.00
13 HEIFER CALVES 104.00 4.20 5,678 141.96 $115.48
17 STEER CALVES 112.00 4.70 8,949 223.72 $181.99
0 BULLS 42.00 14.75 0 0.00 $0.00
4 CULL COWS 38.00 8.85 1,345 33.63 $27.36
560 MANURE 0.13 8.00 560 14.00 $11.39
TOTAL $16,532 $413.31 $336.22
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Guideline Guideline
Value Value
NUMBER PURCHASED INPUTS Unit $/Unit Total ($/Cow) ($/AU)
------ --------- ------ ------ ------ ------ ----------------------
FORAGE:
10 ALFALFA AUM $10.00 $100 $2.50 $2.03
30 GRASS HAY AUM $10.00 $300 $7.50 $6.10
289 NATIVE RANGELAND AUM $1.35 $390 $9.75 $7.94
_______ _________ _________
SUBTOTAL $790 $20 $16
LABOR, FEED, LIVESTOCK: Unit $/Unit Total ($/Cow) ($/AU)
----- ---- ---------- ------ ------ ------ ----------------------
1 PROTEIN SUPPLEMENT TON 245 196 $4.90 $3.99
0 SALT & MINERALS TON 210 67 1.68 1.37
104 HAY TON 120 12,529 313.24 254.81
0 GRAIN TON 200 0 0.00 0.00
0 GRAIN CUBES TON 200 0 0.00 0.00
FUEL AND REPAIRS ANNUAL 0 0.00 0.00
VETERINARY AND MEDICINE ANNUAL 815 20.38 16.57
0 BULLS PURCHASED HEAD 1500 0 0.00 0.00
LIVESTOCK TAXES ANNUAL 7 0.18 0.15
MAINTENANCE ANNUAL 0 0.00 0.00
44 PREGNANCY TEST HEAD 2 88 2.00 1.79
63 LABOR HOUR 5 316 7.90 6.43
34 BEEF CHECKOFF PROGRAM HEAD 1 34 0.85 0.69
MISCELLANEOUS ANNUAL 0 0.00 0.00
______ _________ _________
SUBTOTAL $14,053 $351.12 $285.79
OVERHEAD EXPENSES
-------- --------
EMPLOYEE BENEFITS 0 $0.00 $0.00
INSURANCE 0 $0.00 $0.00
DEPRECIATION 523 $13.06 $10.63
SUPERVISION AND MANAGEMENT 248 $6.19 $5.03
OTHER EXPENSES 591 $14.77 $12.01
_________ _________ _________
SUBTOTAL $1,361 $34.02 $27.67
TOTAL OPERATING EXPENSES $16,204 $405.10 $329.54
________ ________ ________
NET OPERATING PROFIT $329 $8.21 $6.68
CAPITAL COST
INTEREST ON OPERATING CAPITAL $645 $16 $13
INTEREST ON MACHINERY AND IMPROVEMENTS $821 $21 $17
INTEREST ON LIVESTOCK $0 $0 $0
TOTAL CAPITAL COST $1,466 $37 $30
RETURN TO RISK ($1,137) ($28) ($23)
RATE OF RETURN ON INVESTMENT 0.7865%
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BUDGET SUMMARY
GROSS RETURN $16,532
VARIABLE OPERATING EXPENSES $14,843
RETURN OVER VARIABLE EXPENSES $1,689
FIXED EXPENSES $1,113
NET FARM INCOME $576
LABOR AND MANAGEMENT COST $248
NET OPERATING PROFIT $329
CAPITAL COST $1,466
RETURN TO LAND AND RISK ($1,137)
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