Projections for Planning Purposes Only Not to be Used without Updating after February 13, 1998 B-1241 (C04) Stocker Calf Production (Native Pasture) North Texas (4) Your ============================================================================== Estimate PRODUCTION Description Quantity Unit $ / Unit Return ======== FEEDER STEERS 730 LB. 0.98Hd 7.300 cwt. 77.0000 550.86 ________ =========== Total GROSS Income 550.86 ________ ============================================================================== OPERATING INPUT or CUSTOM OPERATION Description Input Use Unit $ / Unit Cost HAY BERMUDA 4.000 cwt. 3.000 12.00 MISCELLANEOUS STOCKER 1.000 head 4.000 4.00 PASTURE NATIVE 4.000 acre 8.000 32.00 SALES COMMISSIONSTOCKER 7.300 cwt. 2.000 14.60 SALT & MINERALS 0.263 cwt. 7.930 2.08 STOCKER STEERS 4.800 cwt. 95.000 456.00 SUPPLEMENT 0.750 cwt. 10.750 8.06 VET. MEDICINE STOCKER 2.000 head 7.000 14.00 Fuel 1.29 Lube 0.13 Repair 0.96 =========== Total OPERATING INPUT and CUSTOM OPERATION Costs 545.13 ============================================================================== Residual returns to capital, ownership labor, land, management, and profit 5.73 ============================================================================== CAPITAL INVESTMENT Description Interest - IT Borrowed Interest - OC Borrowed Quantity Invested 144.052 314.286 Unit Dol. Dol. Rate of Return 0.121 0.121 Total CAPITAL INVESTMENT Costs Total OWNERSHIP Costs 17.43 38.03 =========== 55.46 Cost 15.50 =========== 15.50 ============================================================================== Residual returns to labor, land, management, and profit -65.23 ============================================================================== LABOR COST Description Input Use Machinery and Equipment Other Total LABOR Costs 0.917 2.000 Unit Hr. Hr. Average Rate 5.682 5.000 ________ ________ Cost ============================================================================== Residual returns to ownership, labor, land, management, and profit -49.73 ============================================================================== OWNERSHIP COST Description (Depreciation, Taxes, and Insurance) Machinery and Equipment ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ Cost 5.21 10.00 =========== 15.21 ============================================================================== Residual returns to land, management, and profit -80.43 ============================================================================== ________ ________ ________ ________ -WARNING- No Land Cost Specified ============================================================================== Residual returns to management and profit -80.43 ============================================================================== ________ -WARNING- No Management Cost Specified ============================================================================== Residual returns to profit -80.43 ============================================================================== ________ 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 Total Projected Cost of Production B-1241 (C04) 631.29 ________ 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 (C04) Stocker Calf Production (Native Pasture) North Texas (4) GROSS INCOME Description ============================ FEEDER STEERS 730 LB. Quantity ========= 0.98Hd 7.300 Unit ==== cwt. Total GROSS Income VARIABLE COST Description ================================= HAY BERMUDA Interest - OC Borrowed LIVESTOCK LABOR MISCELLANEOUS STOCKER PASTURE NATIVE PENS & EQUIPMENT PICKUP TRUCK 3/4 TON SALES COMMISSIONSTOCKER SALT & MINERALS STOCKER STEERS SUPPLEMENT VET. MEDICINE STOCKER $ / Unit =========== 77.0000 Your Total Estimate =========== ======== 550.86 ________ =========== 550.86 ________ Total =========== 12.00 38.03 10.00 4.00 32.00 1.88 5.72 14.60 2.08 456.00 8.06 14.00 =========== 598.36 ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ ________ -47.51 ________ Total =========== 32.93 =========== 32.93 ________ Total of ALL Cost 631.29 ________ NET PROJECTED RETURNS -80.43 ________ Total VARIABLE COST GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Total FIXED Cost Unit ==== 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.