Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1999
B-1241 (C04)
Stocker Steers (Wheat Grazing Nov-Feb 120 Days)
North Texas (4)
1999 Projected Costs and Returns per Acre
==============================================================================
Your
PRODUCTION Description
Quantity
Unit
$ / Unit
Return
Estimate
FEEDER STEERS
670 LB.
0.98Hd
6.700 cwt.
82.0000
538.41
________
===========
Total GROSS Income
538.41
________
==============================================================================
OPERATING INPUT or CUSTOM OPERATION
Description
Input Use
Unit
$ / Unit
Cost
HAY
BERMUDA
2.000 cwt.
3.000
6.00
________
MISCELLANEOUS
STOCKER
1.000 head
4.000
4.00
________
PASTURE
NATIVE
0.250 acre
8.000
2.00
________
SALES COMMISSIONSTOCKER
6.700 cwt.
2.000
13.40
________
SALT & MINERALS
0.188 cwt.
7.930
1.49
________
STOCKER STEERS
4.800 cwt.
82.000
393.60
________
SUPPLEMENT
0.500 cwt.
10.750
5.38
________
VET. MEDICINE
STOCKER
1.000 head
7.000
7.00
________
WHEAT $/CWT GAIN
1.900 cwt.
25.000
47.50
________
Fuel
1.25
________
Lube
0.12
________
Repair
0.96
________
===========
Total OPERATING INPUT and CUSTOM OPERATION Costs
482.69
________
==============================================================================
Residual returns to capital, ownership
labor, land, management, and profit
55.72
________
==============================================================================
CAPITAL INVESTMENT Description
Interest - IT Borrowed
Interest - OC Borrowed
Interest - OC Earned
Quantity
Invested
144.039
281.980
-1.051
Unit
Dol.
Dol.
Dol.
Rate of
Return
0.090
0.090
0.045
Total CAPITAL INVESTMENT Costs
Cost
12.96
25.38
-0.05
===========
38.29
________
________
________
________
==============================================================================
Residual returns to ownership, labor,
land, management, and profit
17.42
==============================================================================
________
OWNERSHIP COST Description (Depreciation, Taxes, and Insurance)
Machinery and Equipment
________
Total OWNERSHIP Costs
Cost
15.97
===========
15.97
________
==============================================================================
Residual returns to labor, land, management, and profit
1.45
==============================================================================
LABOR COST Description
Machinery and Equipment
Other
Total LABOR Costs
Input Use
0.917
1.900
Unit
Hr.
Hr.
Average
Rate
5.682
5.000
________
Cost
5.21
9.50
===========
14.71
________
________
________
==============================================================================
Residual returns to land, management, and profit
-13.25
==============================================================================
________
==============================================================================
Residual returns to management and profit
-13.25
==============================================================================
________
==============================================================================
Residual returns to profit
-13.25
==============================================================================
________
Total Projected Cost of Production
________
551.67
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, 1999
B-1241 (C04)
Stocker Steers (Wheat Grazing Nov-Feb 120 Days)
North Texas (4)
1999 Projected Costs and Returns per Acre
GROSS INCOME Description
============================
FEEDER STEERS
670 LB.
Quantity
=========
0.98Hd
6.700
Unit
====
cwt.
Total GROSS Income
VARIABLE COST Description
=================================
HAY
BERMUDA
Interest - Earned
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
WHEAT $/CWT GAIN
$ / Unit
===========
82.0000
Your
Total
Estimate
===========
========
538.41
________
===========
538.41 ________
Total
===========
6.00
-0.05
25.38
9.50
4.00
2.00
1.88
5.66
13.40
1.49
393.60
5.38
7.00
47.50
===========
522.73
________
________
________
________
________
________
________
________
________
________
________
________
________
________
15.68
________
Total
===========
28.93
===========
28.93
________
Total of ALL Cost
551.67
________
NET PROJECTED RETURNS
-13.25
________
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.