Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1998
Sheep Production
West Central Texas (7)
1998 Projected Costs and Returns per Animal Unit (6 Ewes)
==============================================================================
Your
PRODUCTION Description
Quantity
Unit
$ / Unit
Return
Estimate
CULL EWES
0.85Hd 100.000 lb.
0.4100
34.85 ________
DEER LEASE
16.000 acre
2.5000
40.00 ________
LAMBS
4.00Hd
70.000 lb.
0.8700
243.60 ________
WOOL
42.500 lb.
1.5000
63.75 ________
===========
Total GROSS Income
382.20 ________
==============================================================================
OPERATING INPUT or CUSTOM OPERATION
Description
Input Use
Unit
$ / Unit
Cost
MARKETING
SHEEP
4.850 head
0.600
2.91 ________
MISC. EXPENSE
SHEEP
12.000 $
1.000
12.00 ________
RANGE CUBES
375.000 lb.
0.120
45.00 ________
SHEARING
SHEEP
7.500 head
1.500
11.25 ________
VET. MEDICINE
SHEEP
1.000 head
8.000
8.00 ________
Fuel
5.48 ________
Lube
0.55 ________
Repair
2.15 ________
===========
Total OPERATING INPUT and CUSTOM OPERATION Costs
87.33 ________
==============================================================================
Residual returns to capital, ownership
labor, land, management, and profit
294.87 ________
==============================================================================
CAPITAL INVESTMENT Description
Interest - IT Borrowed
Interest - OC Borrowed
Quantity
Invested
1008.193
112.179
Unit
Dol.
Dol.
Rate of
Return
0.100
0.100
Cost
100.82
11.22
===========
Total CAPITAL INVESTMENT Costs
112.04
==============================================================================
Residual returns to ownership, labor,
land, management, and profit
182.83
==============================================================================
OWNERSHIP COST Description (Depreciation, Taxes, and Insurance)
Machinery and Equipment
Livestock
Cost
31.31
2.59
===========
Total OWNERSHIP Costs
33.91
==============================================================================
Residual returns to labor, land, management, and profit
148.92
==============================================================================
LABOR COST Description
Input Use
Unit
Average
Cost
Rate
Machinery and Equipment
3.459 Hr.
6.001
20.75
Other
9.320 Hr.
5.600
52.19
===========
Total LABOR Costs
72.95
==============================================================================
Residual returns to land, management, and profit
75.98
==============================================================================
LAND COST Description
Input Use
Unit
Rate of
Cost
Return
PASTURE RENT
Annual Lease
16.000 Acre
8.000
128.00
===========
Total LAND Costs
128.00
==============================================================================
Residual returns to management and profit
-52.02
==============================================================================
-WARNING- No Management Cost Specified
==============================================================================
Residual returns to profit
-52.02
==============================================================================
Total Projected Cost of Production
434.22
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
100% lamb crop, 1 ram to 33 ewes, 3% death loss, 20% replacement rate.
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.
B-1241 (C07)
Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1998
B-1241 (C07)
Sheep Production
West Central Texas (7)
1998 Projected Costs and Returns per Animal Unit (5 ewes)
GROSS INCOME Description
============================
CULL EWES
DEER LEASE
LAMBS
WOOL
Quantity
=========
0.85Hd 100.000
16.000
4.00Hd
70.000
42.500
Unit
====
lb.
acre
lb.
lb.
$ / Unit
===========
0.4100
2.5000
0.8700
1.5000
Unit
====
$
head
$
$
head
lb.
$
$
$
$
$
lb.
$
lb.
$
lb.
head
$
lb.
head
$
head
Acre
Acre
Hour
Hour
Dol.
$ / Unit
===========
1.000
8.000
1.000
1.000
8.000
.120
1.000
1.000
1.000
1.000
1.000
.120
1.000
.120
1.000
.120
1.500
1.000
.120
8.000
1.000
.600
Total GROSS Income
VARIABLE COST Description
=================================
MISC. EXPENSE
VET. MEDICINE
MISC. EXPENSE
MISC. EXPENSE
VET. MEDICINE
RANGE CUBES
MISC. EXPENSE
MISC. EXPENSE
MISC. EXPENSE
MISC. EXPENSE
MISC. EXPENSE
RANGE CUBES
MISC. EXPENSE
RANGE CUBES
MISC. EXPENSE
RANGE CUBES
SHEARING
MISC. EXPENSE
RANGE CUBES
VET. MEDICINE
MISC. EXPENSE
MARKETING
Fuel & Lube - Machinery
Repairs
- Machinery
Labor
- Machinery
- Other
Interest
- OC Borrowed
Quantity
===========
1.000
0.333
1.000
1.000
0.333
30.000
1.000
1.000
1.000
1.000
1.000
100.000
1.000
100.000
1.000
100.000
7.500
1.000
45.000
0.333
1.000
4.850
Your
Total
Estimate
=========== ========
34.85 ________
40.00 ________
243.60 ________
63.75 ________
===========
382.20 ________
Total
===========
1.00
2.66
1.00
1.00
2.66
3.60
1.00
1.00
1.00
1.00
1.00
12.00
1.00
12.00
1.00
12.00
11.25
1.00
5.40
2.66
1.00
2.91
6.02
2.15
20.75
52.19
11.22
===========
171.50
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
210.70
________
Total
===========
71.06
63.67
128.00
===========
262.73
________
________
________
Total of ALL Cost
434.22
________
NET PROJECTED RETURNS
-52.02
________
3.459
9.320
112.179
Total VARIABLE COST
6.001
5.600
0.100
GROSS INCOME minus VARIABLE COST
FIXED COST Description
=================================
Machinery and Equipment
Livestock
Land
Total FIXED Cost
Unit
====
Acre
Acre
________
________
100% lamb crop, 1 ram to 33 ewes, 3% death loss, 20% replacement rate.
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.