Projections for Planning Purposes Only -- Not to be Used without Updating 2015 Estimated Costs and Returns per Animal Stocker Steers - Summer Growth, 0.6 AU per Head - 100 Head Far West Extension District - 6 Number of Head 100 REVENUE Head Stocker Total Revenue 0.950 VARIABLE COSTS Production Costs Stocker Purchase Grazing Grazing by Month Health 7way Clostr+Overeat BRD-PI3-BRSV ML Dewormer-Avrmec Pour Feed 10-10 Loose Mineral Repairs Marketing Labor Interest on Credit Line Total Variable Costs Pay Weight $/Unit CWT $244.10 Units $/Unit 5.00 CWT $218.24 $1,091.20 $109,120.00 2.70 Month $18.75 $50.63 $5,062.50 1 1 6 Dose Dose CWT $0.37 $2.89 $0.27 $0.37 $2.89 $1.62 $37.00 $289.00 $162.00 11.7 1 0.950 1 Pound Head Head Head $0.36 $35.32 $29.67 $10.00 6.50% $4.21 $35.32 $28.19 $10.00 $29.52 $1,253.94 $421.20 $3,531.53 $2,818.65 $1,000.00 $2,952.04 $125,393.92 $253.38 $25,337.83 6.50 Quantity Planned Returns Above Variable Costs: Breakeven Price to Cover Variable Costs FIXED COSTS $192.91 Quantity Depreciation Equipment Investment Total Fixed Costs 1 $136.38 Units Head dollars $/Unit $1,507.32 $1,507.32 Total Planned Returns to Management, Risk, and Profit: $201.81 $150,731.75 $150,731.75 Enterprise Total CWT Total $48.96 6.50% Total Costs Breakeven Price to Cover Total Costs Total Enterprise Total Units Enterprise Total $48.96 $8.86 $57.82 $4,895.86 $886.44 $5,782.29 $1,311.76 $131,176.21 $195.56 $19,555.54 CWT Example Break Even Sensitivity Purchase Analysis Weight (Lbs/Hd): 500 Net Pay Weight Sales Price/Cwt 244.10 ADG (Lbs/day) with Shrink B/E Purchase Price ($/CWT) Bid Price/Cwt 218.24 B/E Sales Price ($/CWT) 1.32 1.21 1.10 0.99 0.88 680 665 650 635 620 $271.26 $264.31 $257.35 $250.39 $243.44 $203.06 $207.64 $212.43 $217.45 $222.71 Developed by Rob Hogan, Associate Professor and Extension Economist, Texas A&M AgriLife Extension. Information presented is prepared solely as a general guide and not intended to recognize or predict the costs and returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.