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