The Wheatfields
General
General Information
Crop Enterprise:
Wheat
Crop acres:
3000
acres
Normal annual yield:
70
bushels
Production cost per acre:
$330
Initial market price:
$5.32
per bushel
Inventory:
0
bushels
Annual government payment:
$15,000
Livestock Feed:
Hay
Inventory:
0
tons
Initial market price:
$120.00
per ton
Livestock Enterprise:
Cows
Quantity:
300
head
Output unit:
Weaned Calf
Production cost per unit:
$425
Weaning percentage:
90.0
%
Annual Hay Consumption per unit:
1.65
tons
Output weight per unit:
540
lbs.
Replacement percentage:
15.0
%
Initial Output market price:
$170.00
per cwt.
Sale weight per cull unit:
1200
lbs.
Cull market price:
$65.00
per cwt.
Expected Revenues
Sales
Units
Revenue
Weaned Calf
225
head
$206,550.00
Cull Cows
45
head
$35,100.00
Wheat
210,000
bushels
$1,117,200.00
Government Payment
$15,000.00
Annual Total:
$1,373,850.00
Expected Expenses
Units
Expense
Cows
300
head
$127,500.00
Wheat
3000
acres
$990,000.00
Hay
495
tons
$59,400.00
Annual Total:
$1,176,900.00
Expected Annual Net Farm Income:
$196,950.00
Expected 2 Year Total Annual Net Farm Income:
$393,900.00