Projections for Planning Purposes Only
Not to be Used without Updating after February 13, 1999
B-1241 (C07)
Sheep Production
West Central Texas (7)
1999 Projected Costs and Returns per Head
==============================================================================
PRODUCTION Description
Quantity
Unit
$ / Unit
Return
CULL EWES
0.85Hd 100.000 lb.
0.4500
38.25
DEER LEASE
16.000 acre
2.5000
40.00
LAMBS
4.00Hd
70.000 lb.
0.8500
238.00
WOOL
42.500 lb.
1.5000
63.75
===========
Total GROSS Income
380.00
Your
Estimate
========
________
________
________
________
________
==============================================================================
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.
0.100
37.50
SHEARING
SHEEP
7.500 head
1.500
11.25
VET. MEDICINE
SHEEP
1.000 head
8.000
8.00
Fuel
6.45
Lube
0.64
Repair
2.15
===========
Total OPERATING INPUT and CUSTOM OPERATION Costs
80.90
________
________
________
________
________
________
________
________
==============================================================================
Residual returns to capital, ownership
labor, land, management, and profit
299.10
==============================================================================
________
CAPITAL INVESTMENT Description
Interest - IT Borrowed
Interest - OC Borrowed
Interest - OC Earned
Quantity
Invested
1008.183
105.040
-0.300
Unit
Dol.
Dol.
Dol.
Rate of
Return
0.090
0.090
0.045
Total CAPITAL INVESTMENT Costs
________
Cost
90.74
9.45
-0.01
===========
100.18
________
________
________
________
==============================================================================
Residual returns to ownership, labor,
land, management, and profit
198.92
==============================================================================
________
OWNERSHIP COST Description (Depreciation, Taxes, and Insurance)
Machinery and Equipment
Livestock
________
________
Total OWNERSHIP Costs
Cost
31.31
2.59
===========
33.91
________
==============================================================================
Residual returns to labor, land, management, and profit
165.01
==============================================================================
LABOR COST Description
Input Use
Machinery and Equipment
Other
3.459
9.320
Unit
Hr.
Hr.
Average
Rate
5.649
5.600
Total LABOR Costs
Cost
19.54
52.19
===========
71.73
==============================================================================
Residual returns to land, management, and profit
93.28
==============================================================================
LAND COST Description
Input Use
PASTURE RENT
Annual Lease
Total LAND Costs
16.000
Unit
Acre
Rate of
Return
8.000
________
________
________
________
________
Cost
128.00
===========
128.00
==============================================================================
Residual returns to management and profit
-34.72
==============================================================================
________
________
________
-WARNING- No Management Cost Specified
==============================================================================
Residual returns to profit
-34.72
==============================================================================
________
Total Projected Cost of Production
________
414.72
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 (C07)
Sheep Production
West Central Texas (7)
1999 Projected Costs and Returns per Head
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.
Total GROSS Income
VARIABLE COST Description
=================================
BARN
FENCE
1 MILE
Interest - Earned
Interest - OC Borrowed
LIVESTOCK LABOR
MARKETING
SHEEP
MISC. EXPENSE
SHEEP
PICKUP TRUCK
3/4 TON
RANGE CUBES
SHEARING
SHEEP
SHED
STOCK SPRAYER
STOCK TRAILER
VET. MEDICINE
SHEEP
WATER
WORKING PENS
$ / Unit
===========
0.4500
2.5000
0.8500
1.5000
Total
===========
38.25
40.00
238.00
63.75
===========
380.00
Your
Estimate
========
________
________
________
________
________
Total
===========
0.04
2.91
-0.01
9.45
52.19
2.91
12.00
25.51
37.50
11.25
0.02
0.04
0.04
8.00
0.18
0.04
===========
162.07
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
________
217.93
________
Total
===========
67.08
57.56
128.00
===========
252.64
________
________
________
Total of ALL Cost
414.72
________
NET PROJECTED RETURNS
-34.72
________
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.