Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1998
B-1241 (C10)
Sheep Production
Southwest (10)
1998 Projected Costs and Returns per Acre
Your
==============================================================================
Estimate
PRODUCTION Description
Quantity
Unit
$ / Unit
Return
========
ADULT WOOL
5.00Hd
9.000 lb.
1.3000
58.50 ________
CULL EWES
0.75Hd 100.000 lb.
0.4000
30.00 ________
LAMB WOOL
1.00Hd
7.000 lb.
0.9000
6.30 ________
LAMBS
4.00Hd
70.000 lb.
0.9000
252.00 ________
===========
Total GROSS Income
346.80 ________
==============================================================================
OPERATING INPUT or CUSTOM OPERATION
Description
Input Use
Unit
$ / Unit
Cost
LAMB FEED
60.000 LB.
0.113
6.78
MARKETING
SHEEP
4.850 HEAD
0.600
2.91
MISC. EXPENSE
SHEEP
12.000 $
1.000
12.00
RANGE CUBES
375.000 lb.
0.113
42.38
SALT & MINERALS
48.180 lb.
0.280
13.49
SHEARING
SHEEP
7.500 head
1.500
11.25
TRANSPORTATION SHEEP
1.000 AU
3.960
3.96
VET. MEDICINE
SHEEP
1.000 $
7.990
7.99
Fuel
6.09
Lube
0.06
Repair
1.77
===========
Total OPERATING INPUT and CUSTOM OPERATION Costs
108.68
________
________
________
________
________
________
________
________
________
________
________
==============================================================================
Residual returns to capital, ownership
labor, land, management, and profit
238.12
==============================================================================
________
CAPITAL INVESTMENT Description
Interest - IT Borrowed
Interest - OC Borrowed
Quantity
Invested
707.843
125.605
Unit
Dol.
Dol.
Rate of
Return
0.095
0.095
Total CAPITAL INVESTMENT Costs
________
Cost
67.25
11.93
===========
79.18
________
________
________
==============================================================================
Residual returns to ownership, labor,
land, management, and profit
158.95
==============================================================================
________
OWNERSHIP COST Description (Depreciation, Taxes, and Insurance)
Machinery and Equipment
Livestock
Cost
28.08
8.74
===========
36.82
________
________
==============================================================================
Residual returns to labor, land, management, and profit
122.13
==============================================================================
________
Total OWNERSHIP Costs
LABOR COST Description
Input Use
Machinery and Equipment
Other
3.587
9.320
Unit
Hr.
Hr.
Average
Rate
8.210
6.750
Total LABOR Costs
Cost
29.45
62.91
===========
92.36
==============================================================================
Residual returns to land, management, and profit
29.77
==============================================================================
LAND COST Description
Input Use
PASTURE
RANGE
Annual Lease
Total LAND Costs
21.000
Unit
Acre
Rate of
Return
3.500
________
________
________
________
________
Cost
73.50
===========
73.50
==============================================================================
Residual returns to management and profit
-43.73
==============================================================================
________
________
________
-WARNING- No Management Cost Specified
==============================================================================
Residual returns to profit
-43.73
==============================================================================
________
Total Projected Cost of Production
________
390.53
Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm or ranch operation.
These projections were collected and developed by staff members of the Texas Agricultural Extension Service and approved for publication.
Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1998
B-1241 (C10)
Sheep Production
Southwest (10)
1998 Projected Costs and Returns per Acre
GROSS INCOME Description
============================
ADULT WOOL
CULL EWES
LAMB WOOL
LAMBS
Quantity
=========
5.00Hd
9.000
0.75Hd 100.000
1.00Hd
7.000
4.00Hd
70.000
Unit
====
lb.
lb.
lb.
lb.
Total GROSS Income
VARIABLE COST Description
=================================
BARN
FENCE
Interest - OC Borrowed
LAMB FEED
LIVESTOCK LABOR
MARKETING
SHEEP
MISC. EXPENSE
SHEEP
PICKUP TRUCK
3/4 TON
RANGE CUBES
SALT & MINERALS
SHEARING
SHEEP
SHED
STOCK SPRAYER
STOCK TRAILER
TRANSPORTATION SHEEP
VET. MEDICINE
SHEEP
WATER
WORKING PENS
$ / Unit
===========
1.3000
0.4000
0.9000
0.9000
Your
Total
Estimate
=========== ========
58.50 ________
30.00 ________
6.30 ________
252.00 ________
===========
346.80 ________
Total
===========
0.01
1.85
11.93
6.78
62.91
2.91
12.00
35.08
42.38
13.49
11.25
0.00
0.04
0.05
3.96
7.99
0.07
0.26
===========
212.97
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
133.83
________
Total
===========
52.35
51.71
73.50
===========
177.57
________
________
________
Total of ALL Cost
390.53
________
NET PROJECTED RETURNS
-43.73
________
Total VARIABLE COST
GROSS INCOME minus VARIABLE COST
FIXED COST Description
=================================
Machinery and Equipment
Livestock
Land
Total FIXED Cost
Unit
====
Acre
Acre
________
________
Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs and returns from any one particular farm or ranch operation.
These projections were collected and developed by staff members of the Texas Agricultural Extension Service and approved for publication.