April 1999
1999 FEEDER LAMB BUDGET
65 lbs. - 125 lbs.
| ITEM | QUANTITY | UNIT | PRICE | AMOUNT | YOUR BUDGET | |
| Receipts | ||||||
| Lambs 1 | 117.5 |
lb. | $0.70 | 82 | ||
| Wool 2 | 2.6 |
LB. | 0.10 | 0 | ||
| ------- | ||||||
| TOTAL RECEIPTS | - | - | - | 83 | - | - |
| \\\ | ||||||
| Variable Costs | ||||||
| Feed | ||||||
| Corn | 3.7 |
bu. | 2.20 | 8 | ||
| Alfalfa Hay | 0.022 |
ton | 125 | 3 | ||
| Soybean Meal | 14 |
lb. | 0.08 | 1 | ||
| Minerals | 5 |
lb. | .20 | 1 | ||
| ------- | ||||||
| Total Feed Costs | 13 | |||||
| \\ | ||||||
| Feeder Lamb | 65 |
lb. | 0.65 | 42 | ||
| Health Program | 2 | |||||
| Marketing | 1 |
head | 2.50 | 3 | ||
| Shearing | 1 |
head | 2.00 | 2 | ||
| Util., Supplies and Misc. | 3 | |||||
| Int. on Feeder Lamb | $42 |
2 months | 9% | 1 | ||
| Int. On Operating Expenses 4 | $14 |
2 months | 9% | 0 | ||
| ------- | ||||||
| TOTAL VARIABLE COSTS | - | - | - | 66 | - | - |
| \\\ | ||||||
| Fixed Costs | ||||||
| Labor Charge | 1 |
hours | 7.5 | 8 | ||
| Equipment Charge 5 | $20 |
20% | 4 | |||
| Buildings Charge 6 | $15 |
17% | 3 | |||
| Management Charge | 5% of gross | 4 | ||||
| ------- | ||||||
| TOTAL FIXED COSTS | - | - | - | 18 | - | - |
| \\\ | ||||||
| TOTAL COSTS | - | - | - | 84 | - | - |
| Lambs @ | $60 | $70 | $80 | |||
| \\\ | ||||||
RETURN OVER VARIABLE COSTS |
4 | 16 | 28 | |||
| RETURN OVER TOTAL COSTS | (14) | (2) | 10 | |||
1. Calculated 3% death loss with lambs averaging 125 lbs.