Table 8. Livestock Enterprise, cost and returns for a 20 acre farm with live
as the primary enterprise, with above average management, San
Juan County, 2000.
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GROSS RETURNS Sale Guideline
Weight Total Value
NUMBER $/CWT (CWT) ($) ($/AU)
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0 YEARLING HEIFERS $80.00 7.35 $0 $0.00
20 YEARLING STEERS 90.00 7.50 13,500 $1,928.57
84 MANURE 0.13 8.00 84 $12.00
TOTAL $13,584 $1,940.57
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Guideline
Value
NUMBER PURCHASED INPUTS Unit $/Unit Total ($/AU)
------ ------- ------ ------ ------ ------ -----------
FORAGE:
13 ALFALFA AUM $10.00 $126 $18.00
70 PERMANENT PASTURE AUM 12.00 $840 $120.00
_______ _________
SUBTOTAL $966 $138.00
LABOR, FEED, LIVESTOCK: Unit $/Unit Total ($/AU)
----- ---- ---------- ------ ------ ------ -----------
0 PROTEIN SUPPLEMENT TON 245.0 0 $0.00
0 SALT & MINERALS TON 200.0 0 $0.00
1 HAY TON 115.0 64 $9.20
0 GRAIN TON 200.0 0 $0.00
0 GRAIN CUBES TON 200.0 0 $0.00
FUEL AND REPAIRS ANNUAL 0 $0.00
VETERINARY AND MEDICINE ANNUAL 684 $97.71
0 HEIFER CALVES HEAD 374.0 0 $0.00
20 STEER CALVES HEAD 450.0 9,000 $1,285.71
LIVESTOCK TAXES ANNUAL 54 $7.70
MAINTENANCE ANNUAL 0 $0.00
0 PREGNANCY TEST HEAD 2.0 0 $0.00
0 LABOR HOUR 5.0 0 $0.00
20 BEEF CHECKOFF PROGRAM HEAD 1.0 20 $2.86
MISCELLANEOUS ANNUAL 0 $0.00
______ _________
SUBTOTAL $9,822 $1,403.19
OVERHEAD EXPENSES
-------- --------
EMPLOYEE BENEFITS 0 $0.00
INSURANCE 0 $0.00
DEPRECIATION 1,140 $162.86
SUPERVISION AND MANAGEMENT 502 $71.73
OTHER EXPENSES 630 $89.98
________ _________
SUBTOTAL $2,272 $324.57
TOTAL OPERATING EXPENSES $13,060 $1,865.76
________ ________
NET OPERATING PROFIT $524 $74.81
CAPITAL COST
INTEREST ON OPERATING CAPITAL $78 $11.15
INTEREST ON MACHINERY AND IMPROVEMENTS $1,877 $268.07
INTEREST ON LIVESTOCK $846 $120.86
TOTAL CAPITAL COST $2,801 $400.08
RETURN TO RISK ($2,277) ($325.27)
RATE OF RETURN ON INVESTMENT 1.7311%
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BUDGET SUMMARY
GROSS RETURN $13,584
VARIABLE OPERATING EXPENSES $10,788
RETURN OVER VARIABLE EXPENSES $2,796
FIXED EXPENSES $1,770
NET FARM INCOME $1,026
LABOR AND MANAGEMENT COST $502
NET OPERATING PROFIT $524
CAPITAL COST $2,801
RETURN TO LAND AND RISK ($2,277)
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