|
September 1998
Bison Heifer Production Costs Worksheet
Operating Costs
|
 |
| A. |
OPERATING COSTS |
Your Farm |
| 1. |
Feed Costs: |
|
1.01 |
Rolled Grain |
|
|
a) Year One |
|
|
|
|
|
|
3 |
lbs/day |
__________ |
|
|
x |
225 |
days/year |
__________ |
|
|
÷ |
48 |
lbs bu weight |
__________ |
|
|
x |
$2.25 |
/bushel |
__________ |
|
|
= |
$ 31.64 |
/heifer |
__________ |
|
|
b) Year Two |
|
|
|
|
4 |
lbs/day |
__________ |
|
|
x |
225 |
days/year |
__________ |
|
|
÷ |
48 |
lbs bu weight |
__________ |
|
|
x |
$2.25 |
/bushel |
__________ |
|
|
= |
$ 42.19 |
/heifer |
__________ |
|
|
|
= |
$ 73.83 |
/heifer |
__________ |
|
|
1.02 |
Hay |
|
|
a) Year One |
|
|
|
|
1.12 |
tons |
__________ |
|
|
x |
$ 40.00 |
/ton |
__________ |
|
|
= |
$ 44.80 |
/heifer |
__________ |
|
|
b) Year Two |
|
|
|
|
1.40 |
tons |
__________ |
|
|
x |
$ 40.00 |
/ton |
__________ |
|
|
= |
$ 56.00 |
/heifer |
__________ |
|
|
|
= |
$100.80 |
/heifer |
__________ |
|
|
1.03 |
Salt and Minerals |
|
|
Year One |
|
|
|
7 |
lbs salt/year |
__________ |
|
|
x |
$ 0.14 |
$/lb |
__________ |
|
|
= |
$ 0.98 |
/heifer |
__________ |
|
|
|
10 |
lbs mineral/year |
__________ |
|
|
x |
$0.40 |
$/lb |
__________ |
|
|
= |
$4.00 |
heifer |
__________ |
|
|
Year Two |
|
|
|
11 |
lbs salt/year |
__________ |
|
|
x |
$ 0.14 |
$/lb |
__________ |
|
|
= |
$ 1.54 |
/heifer |
__________ |
|
|
|
14 |
lbs mineral/year |
__________ |
|
|
x |
$0.40 |
$/lb |
__________ |
|
|
= |
$5.60 |
/heifer |
__________ |
|
| Total |
|
$12.12 |
/heifer |
__________ |
|
| 2. |
Other Operating Costs: |
|
2.01 |
Heifer Cost |
|
|
= |
$5,000.00 |
/heifer |
__________ |
|
|
2.02 |
Breeding Cost |
|
|
|
$8,000.00 |
bull original value |
__________ |
|
|
- |
$6,500.00 |
bull salvage value |
__________ |
|
|
= |
$1,500.00 |
net cost per bull |
__________ |
|
|
x |
4 |
number bulls |
__________ |
|
|
÷ |
60 |
heifers |
__________ |
|
|
= |
$100.00 |
/heifer |
__________ |
|
|
2.03 |
Transportation Cost |
|
|
|
$ 3,000.00 |
Total Cost |
__________ |
|
|
÷ |
60 |
Heifers |
__________ |
|
|
= |
$ 50.00 |
/Heifer |
__________ |
|
|
2.04 |
Veterinary Medicine & Supplies |
|
|
a) Medication -Year One |
|
|
|
$ 0.86 |
black leg |
__________ |
|
|
+ |
$ 0.53 |
vitamin |
__________ |
|
|
+ |
$ 3.10 |
parasite control |
__________ |
|
|
= |
$ 4.49 |
/heifer |
__________ |
|
|
Year Two |
|
|
|
$8.00 |
parasite control |
__________ |
|
|
+ |
$ 0.43 |
black leg |
__________ |
|
|
= |
$ 8.43 |
/heifer |
__________ |
|
|
b) Herd Health Program |
|
|
|
$ 90.00 |
/hour charge |
__________ |
|
|
x |
3 |
hours |
__________ |
|
|
÷ |
60 |
Heifers |
__________ |
|
|
= |
$ 4.50 |
/heifer |
__________ |
|
|
c) Mileage |
|
|
|
$ 0.85 |
km/charge |
__________ |
|
|
x |
160 |
kilometres |
__________ |
|
|
x |
1 |
visit |
__________ |
|
|
÷ |
60 |
heifers |
__________ |
|
|
= |
$ 2.27 |
/heifer |
__________ |
|
| Total |
= |
$19.69 |
/heifer |
__________ |
|
|
2.05 |
Fuel, Oil, Repairs & Maintenance |
|
|
a) Machinery |
|
|
|
$ 800.00 |
annual fuel cost |
__________ |
|
|
+ |
800.00 |
oil, repairs & maintenance |
__________ |
|
|
÷ |
60 |
heifers |
__________ |
|
|
= |
$ 26.67 |
/heifer |
__________ |
|
|
b) Facilities, fences, etc. |
|
|
|
$ 800.00 |
repairs & maintenance |
__________ |
|
|
÷ |
60 |
Heifers |
__________ |
|
|
= |
$ 13.33 |
/Heifer |
__________ |
|
| Total |
= |
$ 40.00 |
/heifer |
__________ |
|
|
2.06 |
Utilities |
|
|
|
$700.00 |
annual cost |
__________ |
|
|
÷ |
60 |
heifers |
__________ |
|
|
= |
$ 11.67 |
/heifer |
__________ |
|
|
2.07 |
Death Loss |
|
|
|
$5,000.00 |
heifer cost |
__________ |
|
|
+ |
$154.06 |
half other costs |
__________ |
|
|
x |
.01 |
1.0% mortality rate |
__________ |
|
|
= |
$ 51.54 |
/heifer |
__________ |
|
|
2.08 |
Insurance Costs |
|
|
|
$29,500 |
bldg. & equip. investment |
__________ |
|
|
x |
$0.60 |
cost/$100 capital |
__________ |
|
|
÷ |
$100 |
units of $100 |
__________ |
|
|
÷ |
60 |
heifers |
__________ |
|
|
= |
$2.95 |
/heifer |
__________ |
|
|
|
$5,154 |
average value of heifer |
__________ |
|
|
÷ |
$100 |
units of $100 |
__________ |
|
|
x |
$0.45 |
insurance rates/$100 |
__________ |
|
|
= |
$23.19 |
/heifer |
__________ |
|
|
|
$30.00 |
add'l coverage for liability |
__________ |
|
|
+ |
60 |
heifers |
__________ |
|
|
= |
$0.50 |
/heifer |
__________ |
| Total |
= |
$26.64 |
/heifer |
__________ |
|
|
2.09 |
Miscellaneous |
|
|
|
$ 500.00 |
Total Office Expenses |
__________ |
|
|
÷ |
60 |
Heifers |
__________ |
|
|
= |
$ 8.33 |
/Heifer |
__________ |
|
|
2.10 |
Operating Interest |
|
|
(Operating interest is charged on the total cost of the heifer plus one
half of the other operating costs) |
|
|
|
$ 5,000 |
heifer cost |
__________ |
|
|
+ |
197.31 |
half of feed & other costs |
__________ |
|
|
x |
.085 |
8.5% operating interest rate |
__________ |
|
|
x |
605 |
days on feed |
__________ |
|
|
÷ |
365 |
days per year |
__________ |
|
|
= |
$ 732.25 |
/heifer |
__________ |
|
|
|
|
