C3.44 LABOR RESOURCES APRIL 8, 1989 DESCRIPTION OTHER LABOR OTHER LABOR

LABOR RESOURCES APRIL 8, 1989 DESCRIPTION OTHER LABOR OTHER LABOR F I R S T N A H E L I V E S T O C K L A B O R O P E R A T O R L A B O R QUALIFYING NAHE C O S T O R V A L U E ( $ / H R ) 5 5 TOTAL HAGE BENEFITS (X) L A B O R T Y P E ( A. B ) A B Information presented Is prepared solely as a general guide and Is not Intended to recognize or predict the costs staff members of the Texos Agricultural Extension Service and approved for publication. C3.44

LIVESTOCK RESOURCES APRIL 8, 1989 DESCRIPTION LIVESTOCK LIVESTOCK LIVESTOCK LIVESTOCK LIVESTOCK LIVESTOCK FIRST NAHE BOAR BULL COH HEIFER HORSE SOH QUALIFYING NAHE BEEF BEEF BEEF REHAINING LIFE (YR) 2 4 8 2 8 2 CURRENT HARKET VALUE ($) 375 2200 675 600 600 180 SALVAGE VALUE (X) 50 70 70 100 33 100 INSURANCE RATE (X) 1 1 1 1 1 ANNUAL LEASE ($) CALC OPTIONS (R,L,P) Information presented Is prepared solely as a general guide and is not intended to recognize or predict the costs C3.45

LAND RESOURCES APRIL 8, 1989 A^H^k DESCRIPTION LAND LAND LAND LAND LAND LAND FIRST NAHE LAND CHARGE LANI) CHARGE LAND CHARGE LAND CHARGE LAND CHARGE LAND CHARGE QUALIFYING NAME COTTOND COTTONI DRYLAND FORAGE IRRIG. SORGHUMD MARKET VALUE () PROPERTY TAX () APPRECIATION RATE (X) INTEREST RATE (X) ANNUAL LEASE () 50 80 18 15 40 20 APP. CALCUATIONS (Y,N) N N N N N N DESCRIPTION LAND LAND LAND FIRST NAHE LAND CHARGE LAND CHARGE PASTURE RENT QUALIFYING NAHE SORGHUHI KHEAT MARKET VALUE () PROPERTY TAX () APPRECIATION RATE (X) INTEREST RATE (X) ANNUAL LEASE () 70 40 8 APP. CALCUATIONS (Y,N) N N N Information presented Is prepared solely as a general guide and is not intended to recognize or predict the eosts C3.46

PERENNIAL CROP RESOURCES APRIL 8, 1989 f^ DESCRIPTION PERENNIAL CROP FIRST NAHE ALFALFA ' QUALIFYING NAHE DRYLAND HARKET VALUE () 74.44 PROPERTY TAX () REHAINING LIFE (YR) 7 INTEREST RATE (X) 8 ANNUAL LEASE () APP. CALCUATIONS (Y,N) N SALVAGE VALUE APPRECIATION RATE (X) (X) ALFALFA COASTAL BERKUDA IRRIG. IRRIG. 142.87 117.35 Information presented is prepared solely as a general guide and is not intended to recognize or predict the eosts C3.47

BUILDINGS OR IMPROVEMENTS RESOURCES APRIL 8, 1989 /"^V DESCRIPTION FIRST NAME QUALIFYING NAME FUEL - UTILITY COST ($/YR) REMAINING LIFE ( YR) CURRENT HARKET VALUE ($) S A LVA G E VA L U E ( X ) PROPERTY TAXES ($/YR) A N N U A L L E A S E ( $ ) ON FARH HIRED LABOR (HR) OFF FARH PARTS & LABOR ($) ON FARH OHNER LABOR (HR) LEASE CALC. (ANNUAL) BUILD. OR IKP. BUILD. OR IHP. BUILD. OR IHP. BUILD. OR IHP. BUILD. OR IHP. BUILD. OR IKP. BARN FARROHING HOUSE FENCE 1 HILE 30 7200 10 10 45550 25 4500 30 45 8 FINISHING FLOOR GESTATION BARN NURSERY 10 81620 10 25387 38 8 81 25.40 10 34500 23 34.50 DESCRIPTION FIRST NAHE QUALIFYING NAHE FUEL - UTILITY COST ($/YR) REHAINING LIFE ( YR) CURRENT HARKET VALUE ($) S A LVA G E VA L U E ( X ) PROPERTY TAXES ($/YR) A N N U A L L E A S E ( $ ) ON FARM HIRED LABOR (HR) OFF FARH PARTS & LABOR ($) ON FARH OHNER LABOR (HR) LEASE CALC. (ANNUAL) BUILD. OR IKP. BUILD. OR IHP. BUILD. OR IKP. SHED 30 3000 HATER 25 5000 10 KORKING PENS 20 3000 15 10 Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs C3.48

IRRIGATION EQUIPMENT APRIL 8, 1989 DESCRIPTION BOHLS DIST. SYS. HAINLINE POHER PLANT COL.,PIPE,SHAFT DISCHARGE HEAD FIRST NAHE QUALIFYING NAHE HORSEPOHER RATING (HP) FUEL TYPE FUEL CON. (UNIT/HR OR /HI) USEFULL LIFE (HR) REHAINING LIFE (KR) EFFICIENCY (X) HIRED LABOR PER SET (HR) OHNER LABOR PER SET (HR) NUMBER OF SETS CURRENT LIST PRICE ($) SALVAGE PERCENT (X) CURRENT MARKET VALUE ($) LEASE PAYHENT ($) ON FARH HIRED UBOR (HR) OFF FARH PARTS & LABOR ($) ON FARH OHNER LABOR (HR) ANNUAL U SE BASE ( H R ) R & H ENG. ESTIHATE (X) R & H C A L C. ( # 1, # 2 ) LEASE CALC. (HOUR.YEAR) FUEL USE ( DEF., CALC.) BOHLS 16000 16000 NA NA NA 1000 10 1000 5 3800 6.0 2 CENTER PIVOT HAINLINE NATURAL GAS 55 NG.5 10 10 20000 10 10 20000 25 5 NA NA.2 NA NA 29 NA NA 40000 3300 3500 10 10 10 40000 3300 3500 50 10 1500 16.5 115 50 2 3800 3800 3800 6.5.5 5.5 2 2 2 COLUMN 25000 25000 NA NA NA 1000 1000 5 15 3800 4 2 DISCHARGE 25000 25000 75 NA NA NA 7000 10 7000 20 150 20 3800 6 2 DESCRIPTION GEAR DRIVE HATER SOURCE FIRST NAHE QUALIFYING NAHE KORSEPOHER RATING (HP) FUEL TYPE FUEL CON. (UNIT/HR OR /HI) RIGHT ANGLE HELL USEFULL LIFE (HR) 25000 15 REHAINING LIFE (HR) 25000 15 EFFICIENCY (X) 95.0 HIRED LABOR PER SET (HR) NA NA OHNER LABOR PER SET (HR) NA NA NUMBER OF SETS NA NA CURRENT LIST PRICE ($) 1000 7500 SALVAGE PERCENT (X) 10 CURRENT HARKET VALUE ($) 1000 7500 LEASE PAYHENT ($) ON FARH HIRED LABOR (HR) 7 1 OFF FARH PARTS & LABOR ($) 12.5 ON FARH OHNER LABOR (HR) 5 2 ANNUAL USE BASE (HR) 3800 3800 R & H ENG. ESTIHATE (X) 6.0.5 R & H CALC. ( U1, U1) 2 2 LEASE CALC. (HOUR.YEAR) FUEL USE ( DEF.,CALC.) Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs C3.49

MACHINERY COST APRIL 8, 1989 REPORT D c c m t D r c u i u c IIIITT UNI 1 Ee U1BTADI ihnihult C EArcnacg CVBCuccc. CTVcn rxatu tvbcucre EArcnau.... FUEL OPER. & OPER. CUSTOM REPAIR REPAIR HOURLY DEPREC. ANNUAL TAXES, & HANAGE. INPUT OPER. & MAINT. & HAINT. LEASE & LEASE LICENSE LUBE LABOR OFF FARH LABOR INTEREST & INSUR. TOTAL EXPENSE! IOO HP $/HR 4.924 0.903 10.133 0.603 16.563 125 HP $/HR 6.155 1.092 12.229 0.728 20.204 150 HP $/HR 7.386 1.256 14.078 0.838 23.557 225 HP $/HR 11.078 1.939 21.749 1.295 36.061 40 HP $/HR 1.969 0.249 6.290 0.374 8.883 75 HP $/HR 3.693 0.453 9.318 0.555 14.016 CHISEL 19 FT $/HR 1.852 5.214 0.300 7.366 CHISEL 23 FT $/HR 1.489 4.101 0.228 5.818 CULTIVATOR 6 ROH $/HR 1.015 2.152 0.120 3.287 CULTIVATOR FIELD $/HR 1.450 12.519 0.700 14.670 CULTIVATOR ROLLING $/HR 0.786 2.876 0.160 3.822 DISC-TANDEH 14 FT $/HR 1.011 3.835 0.213 5.058 DISC-TANDEH 20 FT $/HR 1.685 6.510 0.360 8.555 DRILL GRAIN $/HR 1.464 5.987 0.333 7.784 LISTER $/HR 0.357 1.252 0.070 1.679 LISTER/PLANTER $/KR 1.637 5.046 0.280 6.963 PLANTER CT $/HR 3.813 19.709 1.100 24.621 PLOH HLDBOARD $/HR 0.912 8.072 0.450 9.434 SAND FIGHTER $/HR 0.182 1.614 0.090 1.887 SHREDDER 4 ROH $/HR 0.350 4.764 0.264 5.378 SPRAYER KOUNTED $/HR 0.201 0.877 0.050 1.128 STRIPPER COTTON $/HR 1.921 5.679 0.271 7.871 HAYRACK-FEEDER $/HR 2.000 3.500 85.600 4.000 95.100 HILL & STORAGE $/HR 2.500 4 535.000 25.000 602.500 SPRAYER STOCK $/HR 12.500 3.500 267.500 12.500 296.000 TACK $/HR 4.500 3.500 96.300 4.500 108.800 TRAILER COTTON $/HR 5.000 5.000 395.160 24.000 429.160 TRAILER STOCK $/HR 11.200 3.500 599.200 28.000 641.900 HATER SYSTEH $/HR 1.600 4 356.738 16.670 415.008 HONDA ATV $/HI 0.020 0.009 0.075 0.038 0.142 PICKUP TRUCK 3/4 TON $/HI 0.066 0.015 0.165 0.032 0.278 150 HP 1.174 0.796 0.167 1.868 0.111 4.116 CHISEL 19 FT 0.223 0.629 0.036 0.888 CHISELING 19 FT 1.174 0.796 0.390 2.496 0.147 5.004 125 HP 0.854 0.658 0.120 1.340 0.080 3.051 CHISEL 23 FT 0.148 0.409 0.023 0.580 CHISELING 23 FT 0.854 0.658 0.268 1.749 0.103 3.630 225 HP 1.061 0.658 0.212 2.383 0.142 4.457 CHISEL 23 FT 0.148 0.409 0.023 0.580 CHISELING 4 KD 1.061 0.658 0.361 2.792 0.165 5.036 100 HP 0.816 1.037 0.156 1.751 0.104 3.864 CULTIVATOR 6 ROH 0.159 0.338 0.019 0.516 CULTIVATING 6 ROH 0.816 1.037 0.315 2.090 0.123 4.381 Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs C3.50

RESOURCE NAHE UNIT ' - VA R I ABLE EXPE N S E S = - aaaaa FIX1ED EXPENSES - TOTAL /p^ FUEL & LUBE OPER. & HANAGE. LABOR OPER. INPUT CUSTOH OPER. REPAIR & HAINT. OFF FARH REPAIR & HAINT. LABOR HOURLY LEASE DEPREC. & INTEREST ANNUAL TAXES, LEASE LICENSE & INSUR. EXPENSES CULTIVATOR CULTIVATING 150 HP 6 ROH CT 1.027 1.027 1.037 1.037 0.217 0.159 0.376 2.433 0.338 2.772 0.145 0.019 0.164 4.859 0.516 5.375 CULTIVATOR CULTIVATING 150 HP FIELD FIELD 0.563 0.563 0.550 0.550 0.115 0.121 0.236 1.290 1.043 2.333 0.077 0.058 0.135 2.595 1.222 3.817 CULTIVATOR CULTIVATING 100 HP ROLLING ROLLING 0.875 0.875 0.972 0.972 0.146 0.116 0.262 1.642 0.424 2.065 0.098 0.024 0.121 3.733 0.563 4.296 DISC-TANDEH SPRAYER DISC & SPRAY 100 HP 14 FT KOUNTED 0.786 0.786 1.041 1.041 0.157 0.159 0.032 0.348 1.758 0.605 0.138 2.502 0.105 0.034 0.008 0.146 3.847 0.798 0.178 4.822 DISC-TANDEH DISCING-TANDEH 100 HP 14 FT 14 FT S/AC 0.754 0.754 1.041 1.041 0.157 0.159 0.316 1.758 0.605 2.363 0.105 0.034 0.138 3.815 0.798 4.613 DISC-TANDEH DISCING-TANDEH 100 HP 20 FT 20 FT 0.625 0.625 0.729 0.729 0.110 0.186 0.296 1.231 0.719 1.950 0.073 0.040 0.113 2.768 0.945 3.713 DRILL DRILLING 225 HP GRAIN 4 KD 1.111 1.111 1.400 1.400 0.452 0.311 0.763 5.076 1.270 6.346 0.302 0.071 0.373 8.342 1.652 9.994 DRILL DRILLING 125 HP GRAIN GRAIN 0.503 0.503 0.350 0.350 0.064 0.311 0.374 0.713 1.270 1.983 0.042 0.071 0.113 1.672 1.651 3.323 HONDA ATV HONDA A-TV $/MI $/MI 0.020 0.020 0.275 0.275 0.009 0.009 0.075 0.075 0.038 0.038 0.417 0.417 LISTER LISTING 100 HP 0.805 0.805 0.756 0.756 0.114 0.041 0.155 1.277 0.143 1.420 0.076 0.008 0.084 3.028 0.192 3.220 LISTER/PLANTER LISTING/PLANTING 100 HP 0.681 0.681 0.756 0.756 0.114 0.188 0.301 1.277 0.578 1.855 0.076 0.032 0.108 2.904 0.798 3.701 PICKUP TRUCK PICKUP TRUCK 3/4 TON 3/4 TON $/MI $/HI 0.066 0.066 0.183 0.183 0.015 0.015 0.165 0.165 0.032 0.032 0.461 0.461 PLANTER PLANTING 125 HP CT CT 0.632 0.632 0.630 0.630 0.115 0.364 0.479 1.284 1.882 3.166 0.076 0.105 0.181 2.737 2.351 5.088 PLOH PLOHING 125 HP HLDBOARD 2.149 2.149 1.891 1.891 0.344 0.261 0.605 3.853 2.312 6.165 0.229 0.129 0.358 8.466 2.702 11.168 SAND FIGHTER SAND FIGHTING 100 HP 0.175 0.175 0.378 0.378 0.057 0.010 0.067 0.638 0.092 0.731 0.038 0.005 0.043 1.286 0.108 1.394 SHREDDER SHREDDING 100 HP 4 ROH 0.913 0.913 1.383 1.383 0.208 0.073 0.282 2.336 0.998 3.334 0.139 0.055 0.194 4.978 1.127 6.105 STRIPPER STRIPPING 100 HP COTTON 3.609 3.609 4.398 4.398 0.662 1.280 1.942 7.427 3.784 11.211 0.442 0.181 0.623 16.538 5.245 21.782 ijffp"^ Information presented Is prepared solely as a general guide and is not intended to recognize or predict the costs C3.51

BUDGET PARAMETERS April 8, 1989 Parameter Name REPORT Value DIESEL 0.8000 DIESEL BTU ELECTRICITY 135250 BTU 0.0700 KWH ELECTRICITY BTU 3410 BTU GASOLINE GASOLINE BTLI HIRED LABOR Unit of Measure S B s s s & _-i GAL. 0.9000 GAL. 124100 BTU 5.0000 HOUR HIRED LABOR IRR 5.0000 HOUR INR 1.0000 % IRITB 12.0000 % IRITE 12.0000 % IROCB 12.0000 % IROCE 12.0000 % IRPCF 1 % LP GAS LP GAS BTU LUBE MULTI NATURAL GAS 1.0000 GAL. 92140 BTU 0.1000 NONE 3.OOOO MCF NATURAL GAS BTU 1000000 BTU OWNER LABOR 5.OOOO HOUR OWNER LABOR IRR 5.0000 HOUR PTR 0 % Description Cost of Diesel Fuel Energy of Diesel Fuel Cost of Electricity E l e c t r i c i t y e n e r g y Cost of Gasol1ne Energy of Gasoline Hired Repair and Maintenance Labor Rate Hired Irrigation Operation Labor Insurance Rate, % of Market value Interest Rate, Intermediate Term Borrow. Interest Rate, Intermediate Term Equity Interest Rate, Operating Capital Borrow. Interest Rate, Operating Capital Equity Interest Rate, Positive Cash Flow Cost of LP Gas Energy of LP Gas Lube Multlpl1er Cost of Natural Gas Energy of Nat. Gas per 100ft3 or Therm Owner Repair and Maintenance Labor Rate Owner Irrigation Operation Labor Personal Property Tax Rate y * %. Information presented is prepared solely as a general guide and is not Intended to recognize or predict the cost! C3.52

B-124KL03) TEXAS AGRICULTURAL EXTENSION SERVICE. THE TEXAS A&M UNIVERSITY SYSTEM Z e r l e L. C a r p e n t e r, D i r e c t o r. C o l l e g e S t a t i o n, Te x a s r TEXAS LIVESTOCK ENTERPRISE BUDGETS TEXAS ROLLING PLAINS DISTRICT Projected for 1989 r E d u c a t i o n a l p r o g r a m s c o n d u c t e d b y t h e Te x a s A g r i c u l t u r a l E x t e n s i o n S e r v i c e s e r v e p e o p l e o f a l l a g e s r e g a r d l e s s o f s o c i o e c o n o m i c l e v e l, r a c e, c o l o r, s e x, r e l i g i o n o r n a t i o n a l o r i g i n. C o o p e r a t i v e E x t e n s i o n W o r k i n A g r i c u l t u r e a n d H o m e E c o n o m i c s, T h e Te x a s A 8 M U n i v e r s i t y S y s t e m a n d t h e U n i t e d S t a t e s D e p a r t m e n t o f A g r i c u l t u r e c o o p e r a t i n g. D i s t r i b u t e d i n f u r t h e r a n c e o f t h e A c t s o f C o n g r e s s o f M a y 8, 1 9 1 4. a s a m e n d e d, and June 30, 1914. I S O - 1 2-8 8, N e w

# ^ Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989. COW-CALF PRODUCTION 1989 Projected Costs and Returns per Head P R O D U C T I O N D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t R e t u r n C U L L C O W S O. I O H d 1 0. 0 0 0 c w t. 5 2. 0 0 0 0 5 2. 0 0 D E E R L E A S E 1 6. 0 0 0 a c r e 2. 0 0 0 0 3 2. 0 0 H E I F E R C A L V E S 0. 3 2 H d 4. 5 0 0 C W t. 8 7. 0 0 0 0 1 2 5. 2 8 S T O C K E R S T E E R S 0. 4 5 H d 5. 0 0 0 c w t. 9 6. 0 0 0 0 2 1 6. 0 0 T o t a l G R O S S I n c o m e 4 2 5. 2 8 OPERATING INPUT or CUSTOM OPERATION Description Input Use Unit $ / Unit Cost M I S C E L L A N E O U S C O W - C A L F 1 2. 0 0 0 $ 1. 0 0 0 1 2. 0 0 R A N G E C U B E S 4 8 0. 0 0 0 l b. 0. 0 8 0 3 8. 4 0 S A L E S C O M M I S S I O N 0. 7 9 0 h e a d 8. 0 0 0 6. 3 2 SALT AND MINERAL 3 lb. 0.350 10.50 V E T. M E D I C I N E C O W - C A L F 1. 0 0 0 h e a d 1 0. 6 5 0 1 0. 6 5 Fuel.5.48 Lube 0.55 R e p a i r 2. 1 6 T o t a l O P E R A T I N G I N P U T a n d C U S T O M O P E R A T I O N C o s t s 8 6. 0 6 Residual returns to capital, ownership labor, land, management, and profit 339.22 C A P I T A L I N V E S T M E N T D e s c r i p t i o n Q u a n t i t y U n i t R a t e o f C o s t Invested Return I n t e r e s t - I T B o r r o w e d 1 2 2 4. 1 6 5 D o l. 0. 1 2 0 1 4 6. 9 0 I n t e r e s t - O C B o r r o w e d 1 2 0. 1 4 0 D o l. 0. 1 2 0 1 4. 4 2 T o t a l C A P I T A L I N V E S T M E N T C o s t s 1 6 1. 3 2 Residual returns to ownership, labor, land, management, and profit 177.91 OWNERSHIP COST Description (Depredation, Taxes, and Insurance) Cost M a c h i n e r y a n d E q u i p m e n t 3 1. 6 2 L i v e s t o c k 1 3. 9 6 T o t a l O W N E R S H I P C o s t s 4 5. 5 9 R e s i d u a l r e t u r n s t o l a b o r, l a n d, m a n a g e m e n t, a n d p r o fi t 1 3 2. 3 2 LABOR COST Description Input Use Unit Average Cost Rate M a c h i n e r y a n d E q u i p m e n t 3. 7 6 9 H r. 5. 0 0 1 1 8. 8 5 O t h e r 7. 2 0 0 H r. 5. 0 0 0 3 6. 0 0 T o t a l L A B O R C o s t s 5 4. 8 5 R e s i d u a l r e t u r n s t o l a n d, m a n a g e m e n t, a n d p r o fi t 7 7. 4 8 LAND COST Description Input Use Unit Rate of Cost Return PASTURE RENT Annual Lease 16.000 Acre 8.000 128.00 T o t a l L A N D C o s t s 1 2 8. 0 0 R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t - 5 0. 5 2 -WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t - 5 0. 5 2 Total Projected Cost of Production 475.80 B-124KL03) Your Estimate jp^ Information presented Is prepared solely as a general guide and is not intended to recognize or predict the costs L3.1

GROSS INCOME Description CULL COWS DEER LEASE HEIFER CALVES STOCKER STEERS Total GROSS Income VARIABLE COST Description BSBBBBBBBBBBBi BARN F E N C E 1 M I L E Interest - OC Borrowed LIVESTOCK LABOR MISCELLANEOUS COW-CALF PICKUP TRUCK 3/4 TON RANGE CUBES SALES COMMISSION SALT AND MINERAL SHED SPRAYER STOCK TRAILER STOCK VET. MEDICINE COW-CALF WATER WORKING PENS Total VARIABLE COST Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989. Cow-Calf Production 1989 Projected Costs and Returns per Head 0.10Hd 0.32Hd 0.45Hd Q u a n t i t y U n i t $ / U n i t 1 cwt. 16.000 acre 4.500 cwt. 5.000 cwt. 52.0000 2.0000 87.0000 96.0000 Total 52.00 32.00 125.28 216.00 =========== 425.28 Total 0.04 2.50 14.42 36.00 12.00 24. 13 38.40 6.32 10.50 0.02 0.06 0.06 10.65 0.18 0.04 155.32 B-124KL03) Your Estimate GROSS INCOME minus VARIABLE COST FIXED COST Description Machinery and Equipment Livestock Land Total FIXED Cost Total of ALL Cost NET PROJECTED RETURNS Unit Acre Acre 269.96 Total 79.42 113.07 128.00 320.49 475.80-50.52 Information presented is prepared solely as a general guide and is not intended to recognize or predict the costs L3.2

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. STOCKER CALF BUDGET - PULL OFF WHEAT MARCH 1 1989 Projected Costs and Returns per Head P R O D U C T I O N D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t R e t u r n E s t i m a t e F E E D E R S T E E R S 0. 9 7 H d 5. 5 0 0 c w t. 9 1. 0 0 0 0 4 8 5. 4 8 T o t a l G R O S S I n c o m e 4 8 5. 4 8 OPERATING INPUT or CUSTOM OPERATION Description FENCE REPAIR HAY MISCELLANEOUS STOCKER SALT & MINERAL STOCKER STOCKER STEERS VET. MEDICINE STOCKER WATER FACILITIESREPAIR WHEAT PASTURE HAULING & MKTG. STOCKERS Fuel Lube Repa i r Input Use Unit $ / U n i t Cost 1.000 head 2.700 2.70 4.000 bale 2.000 8.00 1.000 head 2.000 2.00 8.000 lb. 0.140 1.12 4.000 cwt. 96.000 384.00 1.000 head 1 10.00 1.000 head 1.300 1.30 4.000 mo. 8.000 32.00 5.500 cwt. 0.500 2.75 1.20 0.12 0.33 Total OPERATING INPUT and CUSTOM OPERATION Costs 445.52 Residual returns to capital, ownership labor, land, management, and profit 39.96 C A P I T A L I N V E S T M E N T D e s c r i p t i o n Q u a n t i t y U n i t R a t e o f C o s t Invested Return I n t e r e s t - I T B o r r o w e d 1 5. 3 7 1 D o l. 0. 1 2 0 1. 8 4 I n t e r e s t - O C B o r r o w e d 1 6 2. 7 7 3 D o l. 0. 1 2 0 1 9. 5 3 T o t a l C A P I T A L I N V E S T M E N T C o s t s " 2 1. 3 8 ============================================================================= Residual returns to ownership, labor, land, management, and profit 18.58 OWNERSHIP COST Description (Depreciation, Taxes, and Insurance) Cost M a c h i n e r y a n d E q u i p m e n t 3. 4 5 L i v e s t o c k 0. 0 5 T o t a l O W N E R S H I P C o s t s 3. 5 0 R e s i d u a l r e t u r n s t o l a b o r, l a n d, m a n a g e m e n t, a n d p r o fi t 1 5. 0 8 SSSSBBSSSSBBSBBSSSBBaGSSBSBSBSSSSBSSGSSSBBSBSSBSBSSSBBBBSSSBSBSSSSSBBSGBBBBBSS LABOR COST Description Input Use Unit Average Cost Dfifp M a c h i n e r y O t h e r a n d 1. 5 0 0 E q u i p m e n t H r. 0. 7 3 7 5. H r. 5. 0 0 2 O O O 3 6 9 7. 5 0 T o t a l L A B O R C o s t s 1 1. 1 9 SSS_= SSSSSSSSSB_SSSSSSSSSSSSCSS=SSSSSSSSSS S SSSSSSSSSS= = SSSSSSSSS R e s i d u a l r e t u r n s t o l a n d, m a n a g e m e n t, a n d p r o fi t 3. 9 0 -WARNING- No Land Cost Specified R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t 3. 9 0 -WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t 3. 9 0 Total Projected Cost of Production 481.59 Information presented Is prepared solely as a general guide and Is not intended to recognize or predict the costs L3.9

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. Stocker Calf Budget - Pull off Wheat March 1 1989 Projected Costs and Returns per Head Y o u r A < ^ \ G R O S S I N C O M E D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t " T o t a l E s t i m a t e 1 F E E D E R S T E E R S 0. 9 7 H d 5. 5 0 0 c w t. 9 1. 0 0 0 0 4 8 5. 4 8 T o t a l G R O S S I n c o m e 4 8 5. 4 8 V A R I A B L E C O S T D e s c r i p t i o n T o t a l F E N C E R E P A I R 2. 7 0 H A U L I N G & M K T G. S T O C K E R S 2. 7 5 HAY 8.00 HAYRACK-FEEDER 0.02 I n t e r e s t - O C B o r r o w e d 1 9. 5 3 L I V E S T O C K L A B O R 7. 5 0 M I S C E L L A N E O U S S T O C K E R 2. 0 0 P I C K U P T R U C K 3 / 4 T O N 5. 2 9 S A L T & M I N E R A L S T O C K E R 1. 1 2 S P R A Y E R S T O C K 0. 0 2 S T O C K E R S T E E R S 3 8 4. 0 0 T A C K 0. 0 1 T R A I L E R S T O C K 0. 0 1 V E T. M E D I C I N E S T O C K E R 1 0. 0 0 WATER FACILITIESREPAIR 1.30 W H E A T P A S T U R E 3 2. 0 0 T o t a l V A R I A B L E C O S T 4 7 6. 2 4 B r e a k - E v e n P r i c e, To t a l Va r i a b l e C o s t $ 8 9. 2 6 p e r c w t. o f F E E D E R S T E E R S G R O S S I N C O M E m i n u s V A R I A B L E C O S T 9. 2 4 FIXED COST Description Unit Total M a c h i n e r y a n d E q u i p m e n t A c r e 5. 2 3 L i v e s t o c k 0. 1 2 Total FIXED Cost 5.35 B r e a k - E v e n P r i c e, To t a l C o s t $ 9 0. 2 7 p e r c w t. o f F E E D E R S T E E R S Total of ALL Cost 481.59 N E T P R O J E C T E D R E T U R N S 3. 9 0 - y % Information presented 1s prepared solely as a general guide and Is not intended to recognize or predict the costs L3.10

f^ Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989. STOCKER CALF BUDGET - GRAZEOUT 1989 Projected Costs and Returns per Head P R O D U C T I O N D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t R e t u r n F E E D E R S T E E R S H E A V Y 0. 9 7 H d 7. 0 0 0 c w t. 8 6. 0 0 0 0 5 8 3. 9 4 Total GROSS Income OPERATING INPUT or CUSTOM OPERATION Description FENCE REPAIR HAY MISCELLANEOUS STOCKER SALT & MINERAL STOCKER STOCKER STEERS VET. MEDICINE STOCKER WATER FACILITIESREPAIR WHEAT PASTURE HAULING & MKTG. STOCKERS Fuel Lube Repa1r Input Use 1.000 4.000 1.000 14.000 4.000 1.000 1.000 7.000 7.000 Unit head bale head lb. cwt. head head mo. cwt. $ / Unit 2.700 2.000 2.000 0. 140 96.000 1 1.300 8.000 0.500 583.94 Cost 2.70 8.00 2.00 1.96 384.00 10.00 1.30 56.00 3.50 1.68 0.17 0.45 Total OPERATING INPUT and CUSTOM OPERATION Costs 471.76 R e s i d u a l r e t u r n s t o c a p i t a l, o w n e r s h i p labor, land, management, and profit 112.18 CAPITAL INVESTMENT Description Interest Interest IT Borrowed OC Borrowed Quantity Invested 19.124 162.330 Unit Dol. Dol. Rate of Return 0.120 0.120 Cost 2.29 19.48 Total CAPITAL INVESTMENT Costs 21.77 Residual returns to ownership, labor, 1 and. management, and prof 11 OWNERSHIP COST Description (Depreciation, Taxes, and Insurance) Machinery and Equipment Livestock Total OWNERSHIP Costs BBSBBBB===BB=BBBBBBBBBBBBBBBBBSBBB===BBBBBBBBBBBBBBBBBBt Residual returns to labor, land, management, and profit LABOR COST Description Machinery and Equipment Other Total LABOR Costs Input Use 1.030 1.500 Residual returns to land, management, and profit WARNING- No Land Cost Specified Unit Hr. Hr. Average Rate 5.002 5.000 90.41 Cost 4.58 0.05 Cost 4.63 85.78 5. 15 7.50 12.65 73.12 B-124KL03) Your Estimate Residual returns to management and profit 73. 12 -WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t 73.12 Total Projected Cost of Production 510.82 Information presented is prepared solely as a general guide and is not Intended to recognize or predict the cost! L3.ll

GROSS INCOME Description ============================ FEEDER STEERS HEAVY Total GROSS Income VARIABLE COST Description ================================= FENCE REPAIR HAULING & MKTG. STOCKERS HAY HAYRACK-FEEDER Interest - OC Borrowed LIVESTOCK LABOR MISCELLANEOUS STOCKER PICKUP TRUCK 3/4 TON SALT & MINERAL STOCKER SPRAYER STOCK STOCKER STEERS TACK TRAILER STOCK VET. MEDICINE STOCKER WATER FACILITIESREPAIR WHEAT PASTURE Total VARIABLE COST Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989, Stocker Calf Budget - Grazeout 1989 Projected Costs and Returns per Head Break-Even Price, Total Variable Cost $ GROSS INCOME minus VARIABLE COST FIXED COST Description ================================= Machinery and Equipment Livestock Total FIXED Cost Break-Even Price, Total Cost $ Total of ALL Cost NET PROJECTED RETURNS Q u a n t i t y U n i t $ / U n i t 0.97Hd 7.000 cwt. 86.0000 Total 583.94 SSSSSSSSSSS 583.94 Total sssssssssss 2.70 3.50 8.00 0.02 19.48 7.50 2.00 7.40 1.96 0.02 384.00 0.01 0.01 10.00 1.30 56.00 503.89 74.21 per CWt. of FEEDER STEERS Unit scss Acre 75.23 per cwt. of FEEDER STEERS 80.05 Total sssssssssss 6.81 0.12 sssssssssss 6.93 510.82 73.12 B-124KL03) Your Estimate Information presented Is prepared solely as a general guide and is not intended to recognize or predict the costs L3.12

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. d0y\ FARROW TO FINISH HOG PRODUCTION 1989 Projected Costs and Returns per Sow P R O D U C T I O N D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t R e t u r n E s t i m a t e M A R K E T H O G S 1 6. O O H d 2. 2 0 0 c w t. 4 6. 0 0 0 0 1 6 1 9. 2 0 T o t a l G R O S S I n c o m e 1 6 1 9. 2 0 OPERATING INPUT or CUSTOM OPERATION Description Input Use Unit $ / Unit Cost BOAR FEED 0.720 CWt. 7.800 5.62 FINISHING RATION 106.400 CWt. 8.000 851.20 M I S C E L L A N E O U S H O G S 1. 0 0 0 h e a d 1. 0 0 0 1. 0 0 PIG STARTER 8.000 cwt. 14.000 112.00 S A L E S C O M M I S S I O N H O G S 1 6. 0 0 0 h e a d 1. 2 5 0 2 0. 0 0 SOW FEED GESTAT. 10.160 cwt. 7.800 79.25 SOW FEED LACTAT. 12.320 CWt. 7.900 97.33 V E T. M E D I C I N E H O G S 1 6. 0 0 0 h e a d 0. 7 5 0 1 2. 0 0 V E T. M E D I C I N E P I G S 1 6. 0 0 0 h e a d 0. 6 7 0 1 0. 7 2 Fuel 10.80 Lube 1.08 R e p a i r 4. 7 1 T o t a l O P E R A T I N G I N P U T a n d C U S T O M O P E R A T I O N C o s t s 1 2 0 5. 7 0 Residual returns to capital, ownership labor, land, management, and profit 413.50 C A P I T A L I N V E S T M E N T D e s c r i p t i o n Q u a n t i t y U n i t R a t e o f C o s t Invested Return I n t e r e s t - I T B o r r o w e d 2 1 2 9. 5 6 5 D o l. 0. 1 2 0 2 5 5. 5 5 I n t e r e s t - O C B o r r o w e d 3 0 9. 4 7 0 D o l. 0. 1 2 0 3 7. 1 4 T o t a l C A P I T A L I N V E S T M E N T C o s t s 2 9 2. 6 8 BSBBBBBBBBGBGBBSBBBBSBBSSBBBBBBBBBBBBBBBSSBSBBBBBBBBBBBBSSBBBBBBBSSBBGBBGBBBBB Residual returns to ownership, labor, land, management, and profit 120..81 OWNERSHIP COST Description (Depredation, Taxes, and Insurance) Machinery and Equipment Livestock Cost 238. 8..85,30 T o t a l O W N E R S H I P C o s t s 2 4 7. 1 5 R e s i d u a l r e t u r n s t o l a b o r, l a n d, m a n a g e m e n t, a n d p r o fi t - 1 2 6. 3 3 LABOR COST Description Input Use Unit Average Cost M a c h i n e r y a n d E q u i p m e n t 7. 7 5 7 H r. 5. 0 0 0 3 8. 7 9 O t h e r 2 2. 4 4 0 H r. 5. 0 0 0 1 1 2. 2 0 T o t a l L A B O R C o s t s 1 5 0. 9 9 R e s i d u a l r e t u r n s t o l a n d, m a n a g e m e n t, a n d p r o fi t - 2 7 7. 3 2 -WARNING- No Land Cost Specified ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssscssssssssssss R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t - 2 7 7. 3 2 -WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t - 2 7 7. 3 2 ==sssssssssssss=============================================================== Total Projected Cost of Production 1896.52 Information presented Is prepared solely as a general guide and is not Intended to recognize or predict the costs Staff members of the Texas Agricultural Extension Service and approved for publication. L3.3

Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989. Farrow to Finish Hog Production 1989 Projected Costs and Returns per Sow G R O S S I N C O M E D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t T o t a l M A R K E T H O G S 1 6. O O H d 2. 2 0 0 c w t. 4 6. 0 0 0 0 1 6 1 9. 2 0 T o t a l G R O S S I n c o m e 1 6 1 9. 2 0 V A R I A B L E C O S T D e s c r i p t i o n T o t a l S - C S C S C S C S S C - C S S S S S C S C C S S S S B S B S S S s c s s c s s s s c s BOAR FEED 5.62 F A R R O W I N G H O U S E 1. 9 5 FINISHING FLOOR 2.71 FINISHING RATION 851.20 GESTATION BARN 0.65 I n t e r e s t - O C B o r r o w e d 3 7. 1 4 L I V E S T O C K L A B O R 1 1 2. 2 0 M I L L & S T O R A G E 0. 4 3 M I S C E L L A N E O U S H O G S 1. 0 0 NURSERY 1.50 P I C K U P T R U C K 3 / 4 T O N 4 7. 5 8 PIG STARTER 112.00 S A L E S C O M M I S S I O N H O G S 2 0. 0 0 SOW FEED GESTAT. 79.25 SOW FEED LACTAT. 97.33 T R A I L E R S T O C K 0. 1 5 V E T. M E D I C I N E H O G S 1 2. 0 0 V E T. M E D I C I N E P I G S 1 0. 7 2 W A T E R S Y S T E M 0. 4 2 T o t a l V A R I A B L E C O S T 1 3 9 3. 8 2 Break-Even Price, Total Variable Cost $ 39.59 per cwt. of MARKET HOGS G R O S S I N C O M E m i n u s V A R I A B L E C O S T 2 2 5. 3 8 FIXED COST Description Unit Total M a c h i n e r y a n d E q u i p m e n t A c r e 4 7 0. 1 7 L i v e s t o c k 3 2. 5 3 sssssssssss Total FIXED Cost 502.69 Break-Even Price. Total Cost $ 53.87 per cwt. of MARKET HOGS Total of ALL Cost 1896.52 N E T P R O J E C T E D R E T U R N S - 2 7 7. 3 2 B-1241(L03) Your Estimate Information presented is prepared solely as a general guide and Is not intended to recognize or predict the costs L3.4

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. FEEDER PIG PRODUCTION 1989 Projected Costs and Returns per Sow P R O D U C T I O N D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t R e t u r n E s t i m a t e F E E D E R P I G S 1 7. O O H d 5 0. 0 0 0 l b. 0. 7 0 0 0 5 9 5. 0 0 T o t a l G R O S S I n c o m e 5 9 5. 0 0 OPERATING INPUT or CUSTOM OPERATION Description Input Use Unit $ / Unit Cost BOAR FEED 0.720 CWt. 7.800 5.62 M I S C E L L A N E O U S H O G S 1. 0 0 0 h e a d 1. 0 0 0 1. 0 0 PIG STARTER 8.500 cwt. 14.000 119.00 S A L E S C O M M I S S I O N H O G S 1 7. 0 0 0 h e a d 1. 2 5 0 2 1. 2 5 SOW FEED GESTAT. 10.160 cwt. 7.800 79.25 SOW FEED LACTAT. 12.320 cwt. 7.900 97.33 V E T. M E D I C I N E P I G S 1 7. 0 0 0 h e a d 0. 6 7 0 1 1. 3 9 Fuel 7.50 Lube 0.75 R e p a 1 r 3. 0 8 T o t a l O P E R A T I N G I N P U T a n d C U S T O M O P E R A T I O N C o s t s 3 4 6. 1 6 Residual returns to capital, ownership labor, land, management, and profit 248.84 C A P I T A L I N V E S T M E N T D e s c r i p t i o n Q u a n t i t y U n i t R a t e o f C o s t Invested Return I n t e r e s t - I T B o r r o w e d 1 3 2 8. 3 6 5 D o l. 0. 1 2 0 1 5 9. 4 0 I n t e r e s t - O C B o r r o w e d 1 0 8. 7 5 6 D o l. 0. 1 2 0 1 3. 0 5 sssssssssss T o t a l C A P I T A L I N V E S T M E N T C o s t s 1 7 2. 4 5 Residual returns to ownership, labor, land, management, and profit 76.39 OWNERSHIP COST Description (Depredation, Taxes, and Insurance) Cost M a c h i n e r y a n d E q u i p m e n t 1 4 1. 3 0 L i v e s t o c k 8. 3 0 T o t a l O W N E R S H I P C o s t s 1 4 9. 6 0 CCSSSSSSSSSSS& CBSCSSSSSSBSSBSSBSBSCDSQCCSCSCCSBB-SBSSBSSSSSSSSSBSSS&S-&C= - R e s i d u a l r e t u r n s t o l a b o r, l a n d, m a n a g e m e n t, a n d p r o fi t - 7 3. 2 1 LABOR COST Description Input Use Unit Average Cost Rate M a c h i n e r y O t h e r a n d E q u i p m e n t 5. 3 6 0 1 6. 6 1 0 H r. H r. 5. 0 0 0 5. 0 0 0 2 6 8 0 8 3. 0 5 T o t a l L A B O R C o s t s 1 0 9. 8 5 R e s i d u a l r e t u r n s t o l a n d, m a n a g e m e n t, a n d p r o fi t - 1 8 3. 0 6 -WARNING- No Land Cost Specified R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t - 1 8 3. 0 6 -WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t - 1 8 3. 0 6 Total Projected Cost of Production 778.06 Information presented is prepared solely as a general guide and is not intended to recognize or predict the cost! L3.5

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. Feeder P1g Production 1989 Projected Costs and Returns per Sow Your G R O S S I N C O M E D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t T o t a l E s t i m a t e = = = = = = = = = = = = = = = = = = = = = = = = = = = = S S S S S S S S S S S S B s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s F E E D E R P I G S 1 7. O O H d 5 0. 0 0 0 l b. 0. 7 0 0 0 5 9 5. 0 0 sssssssssss T o t a l G R O S S I n c o m e 5 9 5. 0 0 V A R I A B L E C O S T D e s c r i p t i o n T o t a l s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s BOAR FEED 5.62 F A R R O W I N G H O U S E 1. 9 5 GESTATION BARN 0.65 I n t e r e s t - O C B o r r o w e d 1 3. 0 5 L I V E S T O C K L A B O R 8 3. 0 5 M I L L & S T O R A G E 0. 4 3 M I S C E L L A N E O U S H O G S 1. 0 0 NURSERY 1.50 P I C K U P T R U C K 3 / 4 T O N 3 3. 0 4 PIG STARTER 119.00 S A L E S C O M M I S S I O N H O G S 2 1. 2 5 SOW FEED GESTAT. 79.25 SOW FEED LACTAT. 97.33 T R A I L E R S T O C K 0. 1 5 V E T. M E D I C I N E P I G S 1 1. 3 9 W A T E R S Y S T E M 0. 4 2 sssssssssss T o t a l V A R I A B L E C O S T 4 6 9. 0 6 Break-Even Price, Total Variable Cost $ 0.55 per lb. of FEEDER PIGS G R O S S I N C O M E m i n u s V A R I A B L E C O S T 1 2 5. 9 4 FIXED COST Description Unit Total = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = s s s s s s s s s s s s s s s M a c h i n e r y a n d E q u i p m e n t A c r e 2 7 6. 4 8 L i v e s t o c k 3 2. 5 3 Total FIXED Cost 309.00 B r e a k - E v e n P r i c e, T o t a l C o s t $ 0. 9 1 p e r l b. o f F E E D E R P I G S ^ ^ Total of ALL Cost 778.06 N E T P R O J E C T E D R E T U R N S - 1 8 3. 0 6 ^ "f^t\ Information presented is prepared solely as a general guide and Is not intended to recognize or predict the costs L3.6

Projections for Planning Purposes Only Not to be Used without Updating after April 8, 1989. FINISHING HOGS 1989 Projected Costs and Returns per Head ssssssssssssssssssssssssssssss: PRODUCTION Description MARKET HOGS Total GROSS Income ssssssss: OPERATING INPUT or CUSTOM OPERATION Description FEEDER PIGS FINISHING RATION MISCELLANEOUS HOGS SALES COMMISSIONHOGS VET. MEDICINE PIGS Fuel Lube Repa1r Quantity 0.98Hd 2.200 Input Use 5 6.650 1.000 0.980 1.000 Unit cwt. Unit lb. cwt. head head head $ / Unit 46.0000 $ / Unit 0.700 8.000 1.000 1.250 0.670 B-124KL03) : s s s c s s s s s Y O U r Return Estimate 99.18 99.18 Cost 35.00 53.20 1.00 1.23 0..67 1..20 O. 12 O..40 Total OPERATING INPUT and CUSTOM OPERATION Costs 92.81 -. B B B B B B B B B B B B B B S B B B B B B B B B B B B B B B B B B B B B B! Residual returns to capital, ownership labor, land, management, and profit 6.37 sssssssssssssssssssbsbssssssssssssssssssssss: CAPITAL INVESTMENT Description Quantity Unit Rate of Cost Interest Interest IT Borrowed OC Borrowed Total CAPITAL INVESTMENT Costs SSSOSO-CS-SSSSSBSSSSSSSS-SCSSCSSSCDCS Residual returns to ownership, labor, land, management, and profit Invested 93.540 Dol 7.557 Dol Return OWNERSHIP COST Description (Depreciation, Taxes, and Insurance) Machinery and Equipment 0.120 0.120 11.22 0.91 12.13-5.77 Cost 12.57 T o t a l O W N E R S H I P C o s t s 1 2. 5 7 R e s i d u a l r e t u r n s t o l a b o r, l a n d, m a n a g e m e n t, a n d p r o fi t - 1 8. 3 4 LABOR COST Description Input Use Unit Average Cost Rate M a c h i n e r y O t h e r a n d E q u i p m e n t 0. 7 8 8 0. 5 2 0 H r. H r. 5. 0 0 0 5. 0 0 0 3. 9 4 2. 6 0 T o t a l L A B O R C o s t s 6. 5 4 R e s i d u a l r e t u r n s t o l a n d, m a n a g e m e n t, a n d p r o fi t - 2 4. 8 8 -WARNING- No Land Cost Specified R e s i d u a l r e t u r n s t o m a n a g e m e n t a n d p r o fi t - 2 4. 8 8 WARNING- No Management Cost Specified R e s i d u a l r e t u r n s t o p r o fi t = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Total Projected Cost of Production : = = = = = : -24.88 124.05 Information presented Is prepared solely as a general guide and Is not intended to recognize or predict the costs Staff members of the Texas Agricultural Extension Service and approved for publication. L3.7

P r o j e c t i o n s f o r P l a n n i n g P u r p o s e s O n l y B - 1 2 4 1 ( L 0 3 ) Not to be Used without Updating after April 8, 1989. Finishing Hogs 1989 Projected Costs and Returns per Head Your G R O S S I N C O M E D e s c r i p t i o n Q u a n t i t y U n i t $ / U n i t T o t a l E s t i m a t e s s c s s c e c s c B S S S s s s s s a s s a s s s s s S S S S S S S S S S s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s s M A R K E T H O G S 0. 9 8 H d 2. 2 0 0 c w t. 4 6. 0 0 0 0 9 9. 1 8 sssssssssss T o t a l G R O S S I n c o m e 9 9. 1 8 V A R I A B L E C O S T D e s c r i p t i o n T o t a l F E E D E R P I G S 3 5. 0 0 FINISHING FLOOR 0.27 ' FINISHING RATION 53.20 ' I n t e r e s t - O C B o r r o w e d 0. 9 1 L I V E S T O C K L A B O R 2. 6 0 ' M I L L & S T O R A G E 0. 0 4 ' M I S C E L L A N E O U S H O G S 1. 0 0 ' P I C K U P T R U C K 3 / 4 T O N 5. 2 9 " S A L E S C O M M I S S I O N H O G S 1. 2 3 ' T R A I L E R S T O C K 0. 0 1 " V E T. W A T E R M E D I C I N E S Y S T E M P I G S 0. 0 4 0. 6 7 ' ' SSSSSBSSSSS T o t a l V A R I A B L E C O S T 1 0 0. 2 6 Break-Even Price, Total Variable Cost $ 46.50 per cwt. of MARKET HOGS G R O S S I N C O M E m i n u s V A R I A B L E C O S T - 1. 0 8 FIXED COST Description Unit Total S S S S S B S B S B S B S S S S S S S S S S B S S S S S S S S S S S B S B S S B S S S B S S S S M a c h i n e r y a n d E q u i p m e n t A c r e 2 3. 7 9 Total FIXED Cost 23.79 Break-Even Price, Total Cost $ 57.53 per cwt. of MARKET HOGS Total of ALL Cost 124.05 N E T P R O J E C T E D R E T U R N S - 2 4. 8 8 Information presented is prepared solely as a general guide and is not Intended to recognize or predict the costs L3.8

r LIVESTOCK PRODUCTS REPORT April 8, 1989 Livestock Name CULL COWS DEER LEASE FEEDER PIGS FEEDER STEERS FEEDER STEERS HEIFER CALVES MARKET HOGS STOCKER STEERS HEAVY Price Unit Weight Cash per of per Flow Unit Mes. Unit Row 52.0000 cwt. 100 26 2.OOOO acre 1.OOOO 24.7000 lb. 1.OOOO 24 91.OOOO cwt. 100 25 86.OOOO cwt. 100 25 87.0000 cwt. 100 24 46.OOOO cwt. 100 24 96.OOOO cwt. 100 24 r I n f o r m a t i o n p r e s e n t e d i s p r e p a r e d s o l e l y a s a g e n e r a l g u i d e a n d i s n o t i n t e n d e d t o r e c o g n i z e o r p r e d i c t t h e c o s t s a n d r e t u r n s f r o m a n y o n e p a r t i c u l a r f a r m o r r a n c h o p e r a t i o n. T h e s e p r o j e c t i o n s w e r e c o l l e c t e d a n d d e v e l o p e d b y s t a f f m e m b e r s o f t h e Te x a s A g r i c u l t u r a l E x t e n s i o n S e r v i c e a n d a p p r o v e d f o r p u b l i c a t i o n. L3.13