Projections for Planning Purposes Only
Not to be used without Updating after February 15, 2003
B-1241 (L7)
Sheep Production
West Central Texas (7)
2003 Projected Cost and Returns per Animal Unit
= = = = = = = = = = = = = = = = = = = = = = ========================================================
PRODUCTION Description
Quantity
Unit
$ / Unit
Return
CULL EWES
SHEEP
1.10Hd 130.000 lb.
0.3500
50.05
LAMBS
4.40Hd
75.000 lb.
0.8500
280.50
WOOL
44.000 lb.
0.4000
17.60
===========
Total GROSS Income
348.15
= = = = = = = = = = = = = = = = = = = = = = ========================================================
O P E R A T I N G I N P U T o r C U S TOM OPERATION
Description
Input Use
Unit
$ / Unit
Cost
DEATH LOSS
SHEEP
0.040 $
347.800
13.91
MARKETING
SHEEP
5.490 head
2.000
10.98
MISC. EXPENSE
SHEEP
5.490 head
1.000
5.49
RAM EXPENSE
0.180 head
100.000
18.00
SALT AND MINERALSHEEP
54.900 lb.
0.300
16.47
SHEARING
SHEEP
5.500 head
2.000
11.00
SUPPLEMENTAL FEESHEEP
494.500 lb.
0.080
39.56
VET. MEDICINE
SHEEP
10.990 head
1.250
13.74
Fuel
7.61
Lube
0.76
Repair
2.15
===========
T o t a l O P E R A T I N G I N P U T and CUSTOM OPERATION Costs
139.67
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o c a pital, ownership
l a b o r , l a n d , m a n a g e m ent, and profit
208.48
= = = = = = = = = = = = = = = = = = = = = = ========================================================
C A P I T A L I N V E S T M E N T D e s cription
I n t e r e s t - I T B o r r o w ed
I n t e r e s t - O C B o r r o w ed
Interest - OC Earned
Quantity
Invested
401.313
76.747
-28.000
Unit
Dol.
Dol.
Dol.
Rate of
Return
0.090
0.090
0.045
T o t a l C A P I T A L I N V E S T M E NT Costs
Cost
36.12
6.91
-1.26
===========
41.77
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o o w nership, labor,
l a n d , m a n a g e m e n t , a n d profit
166.72
= = = = = = = = = = = = = = = = = = = = = = ========================================================
O W N E R S H I P C O S T D e s c r i p tion (Depreciation, Taxes, and Insurance)
M a c h i n e r y a n d E q u i p m ent
Livestock
Total OWNERSHIP Costs
Cost
31.31
0.25
===========
31.56
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o l a bor, land, management, and profit
135.16
= = = = = = = = = = = = = = = = = = = = = = ========================================================
LABOR COST Description
M a c h i n e r y a n d E q u i p m ent
Other
Input Use
3.459
8.350
Unit
Hr.
Hr.
Average
Rate
5.649
5.600
Total LABOR Costs
Cost
19.54
46.76
===========
66.30
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o l a nd, management, and profit
68.86
= = = = = = = = = = = = = = = = = = = = = = ========================================================
LAND COST Description
PASTURE RENT
Annual Lease
Total LAND Costs
Input Use
25.000
Unit
Acre
Rate of
Return
3.500
Cost
87.50
===========
87.50
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o m a nagement and profit
-18.64
= = = = = = = = = = = = = = = = = = = = = = ========================================================
= = = = = = = = = = = = = = = = = = = = = = ========================================================
R e s i d u a l r e t u r n s t o p r ofit
-18.64
= = = = = = = = = = = = = = = = = = = = = = ========================================================
T o t a l P r o j e c t e d C o s t o f Production
366.79
Information presented is prepared solely as a general guide and is not intended to recognize or predict the cost and returns from any on particular farm or ranch operation.
These projections were collected and developed by staff members of Texas Cooperative Extension and approved for publication.
Projections for Planning Purposes Only
Not to be used without Updating after February 15, 2003
B-1241 (L7)
Sheep Production
West Central Texas (7)
2003 Projected Cost and Returns per Animal Unit
GROSS INCOME Description
============================
CULL EWES
SHEEP
LAMBS
WOOL
Quantity
=========
1.10Hd 130.000
4.40Hd
75.000
44.000
Unit
====
lb.
lb.
lb.
$ / Unit
===========
0.3500
0.8500
0.4000
Total GROSS Income
VARIABLE COST Description
=================================
BARN
DEATH LOSS
SHEEP
FENCE
1 MILE
Interest - Earned
Interest - OC Borrowed
LIVESTOCK LABOR
MARKETING
SHEEP
MISC. EXPENSE
SHEEP
PICKUP TRUCK
3/4 TON
RAM EXPENSE
SALT AND MINERALSHEEP
SHEARING
SHEEP
SHED
STOCK SPRAYER
STOCK TRAILER
SUPPLEMENTAL FEESHEEP
VET. MEDICINE
SHEEP
WATER
WORKING PENS
Total
===========
0.04
13.91
2.91
-1.26
6.91
46.76
10.98
5.49
26.78
18.00
16.47
11.00
0.02
0.04
0.04
39.56
13.74
0.18
0.04
===========
211.61
Total VARIABLE COST
Break-Even Price, Total Variable Cost
$ -
0.60 per lb. of CULL EWES
GROSS INCOME minus VARIABLE COST
FIXED COST Description
=================================
Machinery and Equipment
Livestock
Land
136.54
Unit
====
Acre
Acre
Total FIXED Cost
Break-Even Price, Total Cost $
Total
===========
67.08
0.60
87.50
===========
155.18
0.48 per lb. of CULL EWES
Total of ALL Cost
FIXED COST Description
=================================
NET PROJECTED RETURNS
Total
===========
50.05
280.50
17.60
===========
348.15
366.79
Unit
====
Total
===========
-18.64
Information presented is prepared solely as a general guide and is not intended to recognize or predict the cost and returns from any on particular farm or ranch operation.
These projections were collected and developed by staff members of Texas Cooperative Extension and approved for publication.