Projections for Planning Purposes Only -- Not to be Used without Updating
2015 Estimated Costs and Returns per Animal
Wool Breed Fat Lamb Budget - Commercial Feedlot - 703 Head
West Central Extension District - 7
Number of Head
703
REVENUE
Fat Lamb
Wool
Total Revenue
Head
Pay Weight
0.980
1.44
0.980
3.04
VARIABLE COSTS
Production Costs
Feeder Lamb Purchase
Feeder Delivery
Grazing
Health
Rumensin
Overeat/Tetnus
Fenbendazole drench
Feed
HayGrazer
Cotton Seed Hulls
Alfalfa Pellets
Cotton Seed Meal
Grain Sorghum
Molasses
Mineral Premix
Ammonium CL
Miscellaneous
Feedlot Yardage
Feed Lot Insurance
Shear Feeder Lambs
Fuel
Lube (As a % of fuel)
Repairs
Marketing
Interest on Credit Line
Total Variable Costs
$/Unit
$145.00
$1.10
Total
$203.98
$3.28
$207.27
Units
$/Unit
Total
0.75
1.00
CWT
Head
$205.00
$1.00
$153.75
$1.00
$108,086.25
$703.00
0.0447
1.0000
1.8750
Pound
Dose
ml
$11.25
$0.27
$0.10
$0.50
$0.27
$0.19
$353.25
$189.81
$131.81
0.0068
0.0374
0.0181
0.0272
0.1093
0.0061
0.0041
0.0010
Ton
Ton
Ton
Ton
Ton
Ton
Ton
Ton
$85.00
$22.75
$20.62
$46.40
$194.68
$8.38
$12.87
$3.54
$0.58
$0.85
$0.37
$1.26
$21.28
$0.05
$0.05
$0.00
$408.00
$598.64
$261.76
$887.40
$14,959.46
$35.91
$36.76
$2.53
$1.61
$0.14
$1.99
$0.44
$0.04
$0.08
$10.08
$2.02
$196.56
$1,128.32
$97.79
$1,398.00
$308.00
$30.80
$53.79
$7,085.75
$1,421.26
$138,178.26
$10.71
$7,529.57
Quantity
107 Head Days
107 Head Days
0.9943
Head
1.0
Head
10.0%
Percent
1
Head
0.980
Head
$0.02
$0.00
$2.00
$0.44
$0.44
$0.08
$10.29
4.00%
Planned Returns Above Variable Costs:
Breakeven Price to Cover Variable Costs
FIXED COSTS
$136.92
Quantity
Depreciation
Equipment Investment
Management Fee, Ownwer/Operator Labor
Total Fixed Costs
Enterprise
Total
$143,401.14
$2,306.70
$145,707.84
Enterprise
Total
Units
CWT
LBS
1
$2.68
1
Units
Head
dollars
Head
$/Unit
CWT
Total
$0.19
3.75%
$10.00
Total Costs
$0.19
$0.10
$10.00
$10.29
$134.46
$70.59
$7,030.00
$7,235.06
$206.85
$145,413.32
$0.42
$294.52
Planned Returns to Management, Risk, and Profit:
Breakeven Price to Cover Total Costs
$144.09
Enterprise
Total
CWT
Example Break Even Sensitivity Analysis
Purchase Weight (Lbs/Hd): 75
Net Pay
Weight
ADG (Lbs/day)
0.77
0.70
0.64
0.58
0.51
Sales Price/Cwt Bid Price/Cwt
145.00
205.00
B/E Purchase B/E Sales Price
with Shrink Price ($/CWT)
($/CWT)
157
150
144
136
129
$225.77
$212.78
$201.18
$186.80
$173.82
$134.85
$141.02
$147.03
$155.24
$163.49
Developed by Bill Thompson, Associate Professor and Extension Economist, Texas A&M AgriLife Extension Service.
Information presented is prepared solely as a general guide and not intended to recognize or predict the costs and
returns from any one operation. Brand names are mentioned only as examples and imply no endorsement.