9
2002 COW - CALF BUDGET
Fall Calving, Sell at 225 Days of age
		ITEM			QUANTITY/UNIT		PRICE PER		AMOUNT		YOUR
							UNIT				BUDGET
RECEIPTS
	Feeder Calf 1				510	lb	$0.85	/lb	$434
	Cull Cows and Bulls 2								92
TOTAL RECEIPTS									526
VARIABLE COSTS
	Feed
		Pasture (Hay Equivalent)			3	ton	20.00	/ton	60
		Hay 3 (grass)			4	ton	70.00	/ton	280
		Salt and Mineral 4							6
TOTAL FEED COSTS									346
	Health Program								20
	Marketing (includes trucking)								15
	Supplies and Misc.								17
	Int. on Operating Cap 5			$210	12	mo	9%		19
TOTAL VARIABLE COSTS									416
FIXED COSTS
	Labor Charge				8	hours	8.00	/hr	64
	Cow Replacement 6								120
	Bull Replacement 7								13
	Int. on Breed Stock 8				$591		9%		53
	Fence and Facilities								35
	Management Charge				5%	of gross revenue			26
TOTAL FIXED COSTS									311
TOTAL COSTS									728
				Feeder Calf   price/cwt.			$80	$85	$90
			RETURN ABOVE VARIABLE COSTS				84	109	135
			RETURN ABOVE TOTAL COSTS				(228)	(202)	(177)
1. Average weaning weight= 600 lbs. @ 85% calf crop weaned
2. Cull cows: Cull value X (20% cull rate- 3% death loss) = $500 X (0.20-0.03)= $85
Cull bulls:Cull valueX(25% culling rate- 3% death loss)/number of cows/bull=800X (0.25-0.03)/25=$7
3. Fall calving requires more and better quality hay than a spring system.
4. 20 lbs. Salt at $0.13/lb, 7 lbs. Di-cal at $0.25/lb, 7 lbs. Magnesium oxide at $0.18/lb.
5. Includes 1/2 value of feed, health program, and supplies for 12 months at 9% interest
6. Cow replacement cost based on 20% annual replacement rate, cow cost of $600. $600 X .20= $120
7. Bull replacement cost based on 25% annual replacement rate, bull cost of $1250, and 25 cows per bull.
($1250 X 0.25)/ 25 = 13
8. Average value of breeding animal is $550 per cow plus $41 per bull per cow.