General

General Information
Crop Enterprise:   Hay
Crop acres: 75 acres Normal annual yield: 1.51 tons
Production cost per acre: $203 Initial market price: $100.00 per ton
Inventory: 113 tons
Livestock Enterprise:   Cows
Quantity: 100 head Output unit: Weaned Calves
Production cost per unit: $193 Weaning percentage: 86.0 %
Annual Hay Consumption per unit: 1.13 tons Steer weight per unit: 675 lbs.
Replacement percentage: 14.0 % Initial Steer market price: $127.00 per cwt.
Sale weight per cull unit: 1150 lbs. Heifer weight per unit: 625 lbs.
Cull market price: $55.00 per cwt. Initial Heifer market price: $117.00 per cwt.
Expected Revenues
Sales Units Revenue
Steer Calves 43 head
$36,861.75
Heifer Calves 29 head
$21,206.25
Cull Cows 14 head
$8,855.00
Annual Total:
$66,923.00
Expected Expenses
Units Expense
Cows 100 head
$19,300.00
Hay 75 acres
$15,225.00
Rented Pasture 95 acres
$2,185.00
Other Costs
$4,300.00
Annual Total:
$41,010.00
Expected Annual Net Farm Income:
$25,913.00
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