Article name Link

USE THIS SHEET TO CALCULATE YOUR WEIGHTED AVERAGE PRICE OF MILK

Milk Base Milk
Month Production Price Revenue Click here to return to the Main Page
January 9,000 $23.00 207000
February 7,000 $23.00 161000
March 9,260 $23.00 212980
April 8,500 $22.50 191250
May 7,500 $22.50 168750
June 6,000 $22.00 132000
July 6,000 $21.80 130800
August 6,500 $21.00 136500
September 5,000 $26.00 130000
October 4,500 $25.50 114750
November 4,500 $24.00 108000
December 4,000 $23.00 92,000
Total of Monthly Milk Productio 77,760 1785030
Total Annual Milk Production 77760
from Main Page
Discrepancy - <-------- When you are through this number should be Zero

Based on your reported

monthly milk production , your
weighted average price of milk $23.0 <-------- This number is only valid if the discrepancy (above) is zero

$23.11
MILK
 Developed by R. Curt Lacy*, John K. Bernard**, and Gena Perr
*Agricultural & Applied Economics and **Animal & Dairy Science Dep
University of Georgia Extension
Partial funding for this budget development provided by Southern SARE, Project LS11-243, Improving the We
Adoption of Sustainable Production Systems.

January 1, 2015
INPUT DATA: Your values in unprotected or shaded cells

600 Cow Grazing Dairy Enterprise Budget

Cells with this formatting can be changed. All others should be left alone.
Enter budget type (1=Variable cost only, 2 = Total cost using depreciation and interest, and 3= cash flow
using actual payments)

TOTAL NUMBER OF MATURE COWS IN HERD (This includes milking + dry)

CALVING INTERVAL IN MONTHS
NUMBER OF LACTATIONS PER YEAR
EXPECTED MILK PRODUCTION PER COW (LBS)
TOTAL ANNUAL MILK PRODUCTION (CWT.)
EXPECTED BASE MILK PRICE ($/CWT.)
AVERAGE BUTTERFAT TEST (PERCENT)
EXPECTED ANNUAL MILK SALES
COW CULLING RATE, FRACTION
COW DEATH LOSS, FRACTION
BULL CALF DEATH LOSS (1ST 3 DAYS)
HEIFER RAISING DEATH LOSS (UP TO 24 MONTH)
CALCULATED NUMBER OF REPLACEMENTS NEEDED (COWS X (CULL RATE+COW DEATH LOSS+HEIFE
NUMBER OF HEIFERS RAISED

ITEM UNIT

HAULING MILK Cwt. Milk

ORGANIZATIONAL FEES Cwt. Milk
ASSESMENT Cwt. Milk
DHIA FEES Head

PURCHASED FEED COSTS - Amounts come from Feed tab. Prices for feeds can be entered in the appropriate
CORN SILAGE TON
SORGHUM SILAGE TON
WINTER ANNUAL SILAGE TON
HAY TON

Main
WET BREWERS/DISTILLERS GRAIN TON
GROUND CORN TON
CONCENTRATE EXCLUDING CORN TON
MILK REPLACER 50# BAG
RAISED MILK USED FOR DAIRY CALVES Cwt. Milk
CALF STARTTER FEED TON
VITAMINS & MINERALS (IF NOT INCLUDED IN FEEDING DETAILS Head
RAISED FEED COSTS - Use hyperlinks to the left to calculate details. Acreages can only be entered on the in
tabs
CORN SILAGE ACRE
SORGHUM SILAGE ACRE
WINTER ANNUAL SILAGE ACRE
WINTER ANNUAL PASTURE ACRE
HAY ACRE
PERMANENT PASTURE GRAZING ACRE
CROPLAND (PASTURE OR SILAGE) RENTAL ACRE
RAISED CROP MACHINERY FUEL (Data entered in individual crop
budgets and summarized in Raised Summary tab) ACRE
OTHER FUEL (EXCLUDING IRRIGATION)
FARM
RAISED CROP MACHINERY REPAIRS (Data entered in individual
crop budgets and summarized in Raised Summary tab) ACRE
BUILDING AND FACILITY REPAIRS
% of Build. & Facil
OTHER REPAIRS NOT COVERED IN MACHINERY OR
BUILDINGS/FACILITIES Farm
DAIRY SUPPLIES Lactations
VETERINARY EXPENSE COW
INSURANCE (LIABILITY) Farm
INSURANCE (LIVESTOCK) Farm
UTILITIES (excluding irrigation) Head
INSEMINATION FEES Services/Lactation
CUSTOM RAISED HEIFERS Head
COW LEASE Head
EQUIPMENT LEASE Farm
WASTE MANAGEMENT - PUMPING Farm
BEDDING Cow
PAYROLL Farm
CUSTOM HIRE OTHER THAN CROPS Farm
MISCELLANEOUS
OTHER
OTHER
TOTAL VARIABLE COSTS

Main
 FIXED COST SECTION AND DETAILS

FIXED COST:(Click Link at Left for Appropriate Cost)

Taxes & Insurance Payments
Total Cattle Fixed Costs
Total Facilities & Buildings Fixed Costs
Total Waste Management System Fixed Costs
Total Machinery Fixed Costs
Total Land Fixed Costs
Overhead Costs Per Cow
Management Costs (% of Value of Production) 1/
Total Fixed Costs

RECEIPTS AT EXPECTED OUTPUT AND PRICE LEVELS

ITEM

MILK PRODUCTION
BF PREMIUM (AMT. ABOVE 3.5%)
CULL COWS
BULL CALVES
HEIFERS SOLD The calcuated number available for sal 41.00 Enter the number you want to use-->
OTHER INCOME (GOVERNMENT PMTS., LGM, ETC)
MILK QUALITY ADJUSTMENT (Q-FACTOR/CWT OF MILK SOLD)
OTHER INCOME (miscellaneous crop or livestock sales)
TOTAL RECEIPTS

REVENUE COSTS AND KEY PROFITABILITY MEASURES TAB

ITEM

VARIABLE COST
LESS VALUE OF ANIMALS SOLD
Net Variable Cost
Total Fixed Costs
Total Variable & Fixed Costs

Feed Cost

Income Over Feed Costs

Main
Returns Over Variable Costs
Returns Over Total Costs

Main
 . Bernard**, and Gena Perry*
nimal & Dairy Science Departments
a Extension
S11-243, Improving the Welfare of Southeastern Dairy Families Through the
roduction Systems.

2015
protected or shaded cells

Enterprise Budget

nterest, and 3= cash flow

2

600
12.5
576.00
13,500.00
77,760.00
$23.00 to calculate a weighted average milk price click here
3.60%
13,500
32.00%
7.50%
5.00%
12.00%
OW DEATH LOSS+HEIFER DEATH LOSS) 309.00
350

NUMBER OF UNITS $/UNIT TOTAL $ $/COW

($/unit)
77,760 $1.00 $77,760 $129.60
77,760 $0.10 $7,776 $12.96
77,760 $0.16 $12,442 $20.74
600 $16.25 $9,750 $16.25

e entered in the appropriate cells. $777,526 $1,295.88

0 $0.00 $0 $0.00
0 $0.00 $0 $0.00
0 $0.00 $0 $0.00
273 $0.00 $0 $0.00

Main
 0 $39.00 $0 $0.00
1,626 $200.00 $325,175 $541.96
1,630 $250.00 $407,621 $679.37
630 $60.00 $37,800 $63.00
0 $550.00 $0 $0.00
13 $550.00 $6,930 $11.55
600 $0.00 $0 $0.00
an only be entered on the individual crop
$58,831 $98.05
- $0.00 $0 $0.00
- $0.00 $0 $0.00
10.00 $0.00 $0 $0.00
250.00 $90.50 $22,625 $37.71
75.00 $482.75 $36,206 $60.34
250.00 $207.75 $51,938 $86.56
- $0.00 $0 $0.00

575.00 $15.40 $8,858 $14.76

1.00 $0 $0.00

575.00 $6.21 $3,573 $5.96

875,400.00 3.00% $26,262 $43.77

1.00 $0.00 $0 $0.00

12.50 $115.00 $1,438 $2.40
600.00 $30.00 $18,000 $30.00
$14,400 $24.00
$5,000 $8.33
600.00 $65.00 $39,000 $65.00
1,497.60 $14.00 $20,966 $34.94
- $800.00 $0 $0.00
- $365.00 $0 $0.00
- $5,000.00 $0 $0.00
1.00 $15,000.00 $15,000 $25.00
600.00 $50.00 $30,000 $50.00
1.00 $313,140.00 $313,140 $521.90
1.00 $10,000.00 $10,000 $16.67
$8,000 $13.33
$8,000 $13.33
$8,000 $13.33
$1,525,659 $2,542.77

Main
N AND DETAILS

TOTAL $ $/COW
$636,030.95 1.40% $8,904.43 $14.84
$383,130.05 $638.55
$102,760.00 $171.27
$68,605.33 $114.34
$72,640.57 $121.07
$35,625.00 $59.38
1 $600.00 $1.00
2,033,394 4% $81,335.76 $135.56
$753,601.14 $1,256.00

PUT AND PRICE LEVELS

QUANTITY PRICE AMOUNT

77,760 $23.00 $1,788,480

0.001 $0.15 $11,664
178 $1,062.50 $188,700
215 $150.00 $32,250
ber you want to use--> 41 $300.00 $12,300
1 $0.00 $0
75000 $0.00 $0
1 $0.00 $0
$2,033,394

TABILITY MEASURES TABLE

TOTAL DOLLARS $/Cow $/CWT.

$1,525,659.41 $2,542.77 $19.62

$233,250.00 $388.75 $3.00
$1,292,409.41 $2,154.02 $16.62
$753,601.14 $1,256.00 $9.69
$2,046,010.55 $3,410.02 $26.31

$836,357.53 $1,393.93 $10.76

$963,786.47 $1,606.31 $12.39

Main
$507,734.59 $846.22 $6.53
($12,616.55) ($21.03) ($0.16)

Main
 INVESTMENT, ANNUAL FIXED COSTS, AND ANNUAL PAYMENT DETAIL
Years of
Useful Annual Percent Interest Years Annual
Item Number $/Unit Total Cost Salvage Value Life Depreciation Financed Amount Financed Rate Financed Payment
LIVESTOCK
COWS 600 $2,050 $1,230,000 $637,500 3.13 $189,600 0.00% $0.00 8.00% 5 $0.00
BRED HEIFER (SPRINGERS) 300 $2,300 $690,000 $318,750 4.13 $90,000 0.00% $0.00 8.00% 5 $0.00
1 YEAR OLD HEIFERS - if not raised enter the number purchased 0 $1,200 $0 $0 0.00% $0.00 8.00% 5 $0.00
WEANED HEIFER CALVES - if not raised enter the number purchased 0 $600 $0 $0 0.00% $0.00 8.00% 5 $0.00
TOTAL LIVESTOCK $1,920,000 $279,600 $0.00 $0

BUILDINGS & FACILITIES

FARM SHOP & GENERAL ROADS $50,000 $10,000.00 20 $2,500 50.00% $25,000.00 8.00% 20 $2,546.31
MILKING PARLOR & EQUIPMENT $475,000 $95,000.00 15 $31,667 50.00% $237,500.00 8.00% 20 $24,189.90
FEEDING BARN $0 $0.00 10 $0 50.00% $0.00 8.00% 10 $0.00
BULK TANK $75,000 $15,000.00 20 $3,750 50.00% $37,500.00 8.00% 20 $3,819.46
3-PHASE POWER SUPPLY $35,000 $7,000.00 15 $2,333 50.00% $17,500.00 8.00% 10 $2,608.02
WATER SYSTEM $35,000 $7,000.00 15 $2,333 50.00% $17,500.00 8.00% 10 $2,608.02
HAY SHED $0 $0.00 20 $0 50.00% $0.00 8.00% 15 $0.00
TRENCH SILOS (2,000 TONS EACH ) 2 $40,000 $80,000 $16,000.00 15 $5,333 50.00% $40,000.00 8.00% 10 $5,961.18
FENCES $65,000 $13,000.00 15 $4,333 50.00% $32,500.00 8.00% 10 $4,843.46
FEED STORAGE $15,000 $3,000.00 20 $750 50.00% $7,500.00 8.00% 15 $876.22
CALF/HEIFER BARNS $40,000 $8,000.00 5 $8,000 50.00% $20,000.00 8.00% 5 $5,009.13
TILT TABLE $0 $0.00 5 $0 50.00% $0.00 8.00% 5 $0.00
CATTLE HANDLING FACILITIES $0 $0.00 5 $0 50.00% $0.00 8.00% 5 $0.00
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
TOTAL BUILDINGS & FACILITIES $870,000 $174,000.00 $61,000 $435,000.00 $52,462

WASTE MANAGEMENT
Waste Storage Pond $25,000 $5,000.00 20 $1,250 50.00% $12,500.00 8.00% 10 $1,862.87
Compacted Clay Liner $25,000 $5,000.00 20 $1,250 50.00% $12,500.00 8.00% 10 $1,862.87
MONITORING WELLS $0 $0.00 20 $0 50.00% $0.00 8.00% 10 $0.00
SOLIDS SEPARATOR $0 $0.00 10 $0 50.00% $0.00 8.00% 10 $0.00
LAGOON PUMP $14,000 $2,800.00 7 $2,000 50.00% $7,000.00 8.00% 10 $1,043.21
PIPE $5,000 $1,000.00 10 $500 50.00% $2,500.00 8.00% 10 $372.57
POWER UNIT $20,000 $4,000.00 10 $2,000 50.00% $10,000.00 8.00% 10 $1,490.29
IRRIGATION SYSTEM $500,000 $100,000.00 15 $33,333 50.00% $250,000.00 8.00% 10 $37,257.37
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
OTHER $0 $0.00 15 $0 50.00% $0.00 8.00% 10 $0.00
TOTAL WASTE MANAGEMENT $589,000 $117,800.00 $40,333 $294,500.00 $43,889

TRACTORS, IMPLEMENTS, AND TRUCKS

Articulated Loaders 0 $125,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Skid steer loader 1 $42,000 $42,000 $8,400.00 7 $4,800 50.00% $21,000.00 8.00% 5 $5,259.59
130 hp Tractor - MFWD 1 $78,500 $78,500 $15,700.00 7 $8,971 50.00% $39,250.00 8.00% 5 $9,830.42
75 hp Tractor - 2wd 0 $27,500 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
50 hp Tractor - 2wd 1 $18,250 $18,250 $3,650.00 7 $2,086 50.00% $9,125.00 8.00% 5 $2,285.42
Mixer Wagon - 500 cubic feet 1 $50,000 $50,000 $10,000.00 5 $8,000 50.00% $25,000.00 8.00% 5 $6,261.41
3/4 ton pickup 1 $42,000 $42,000 $8,400.00 5 $6,720 50.00% $21,000.00 8.00% 5 $5,259.59
1/2 ton pickup 1 $42,000 $42,000 $8,400.00 5 $6,720 50.00% $21,000.00 8.00% 5 $5,259.59
4-wheeler or utility vehicle 2 $9,000 $18,000 $3,600.00 6 $2,400 50.00% $9,000.00 8.00% 5 $2,254.11
Sand spreader 0 $20,000 $0 $0.00 6 $0 50.00% $0.00 8.00% 5 $0.00
300 hp Tractor - MFWD 0 $250,000 $0 $0.00 8 $0 50.00% $0.00 8.00% 5 $0.00
200 hp Tractor - MFWD 0 $210,000 $0 $0.00 8 $0 50.00% $0.00 8.00% 5 $0.00
24' disk harrow 0 $34,000 $0 $0.00 10 $0 50.00% $0.00 8.00% 5 $0.00
8-row 30" strip-till planter 0 $70,000 $0 $0.00 8 $0 50.00% $0.00 8.00% 5 $0.00
40' folding sprayer 0 $16,000 $0 $0.00 8 $0 50.00% $0.00 8.00% 5 $0.00
Field Cultivator 0 $15,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Grain drill - 15' no-till 1 $60,000 $60,000 $12,000.00 7 $6,857 50.00% $30,000.00 8.00% 5 $7,513.69
Mower conditioner (self-propelled) 0 $25,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Tedder 0 $10,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Power rake 0 $35,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
15' folding rotary mower 1 $22,000 $22,000 $4,400.00 7 $2,514 50.00% $11,000.00 8.00% 5 $2,755.02
Deep-ripper 0 $17,500 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
24' Livestock trailer 1 $20,000 $20,000 $4,000.00 7 $2,286 50.00% $10,000.00 8.00% 5 $2,504.56
Round baler 0 $40,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Tub grinder 0 $35,000 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Miscellaneous equipment 1 $15,000 $15,000 $3,000.00 7 $1,714 50.00% $7,500.00 8.00% 5 $1,878.42
Other 0 $0 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
Other 0 $0 $0 $0.00 7 $0 50.00% $0.00 8.00% 5 $0.00
TOTAL TRACTORS, IMPLEMENTS, AND TRUCKS $407,750 $81,550 $53,069 $203,875 $51,062

LAND AND EXISTING PAYMENTS

LAND 475 $2,500 $1,187,500 50.00% $593,750.00 6.00% 20 $51,766
EXISTING PAYMENTS (to be used only with Cash Flow budget) $0.00 6.00% 7 $0

GRAND TOTAL $3,786,750 $933,375.00 $199,178.51

TOTALS FOR FIXED COSTS

Average Livestock Investment $960,000.00
Interest on Average Livestock Investment 8.00%
Total Livestock Fixed Cost or Payment $356,400.04

Average Buildings & Facilities Investment $522,000.00

Interest on Average buildings & Facilities Investment 8.00%
Total Buildings & Facilities Fixed Cost or Payment $102,760.00

Average Waste Management Investment $353,400.00

Interest on Average buildings & Facilities Investment 8.00%
Total Waste Management System Fixed Cost or Payment $68,605.33

Average Tractors, Implements & Trucks Investment $244,650.00

Interest on Tractors, Implements & Trucks Investment 8.00%
Total Tractors, Implements, & Trucks Fixed Cost or Payment $72,640.57

Land Investment $1,187,500.00

Interest on Land Investment 3.00%
Total Land Fixed Cost or Payment $35,625.00

TOTAL ANNUAL FIXED COSTS or Payments $636,031

Values for females are either the purchase price or opportunity cost of having this number of females. The
Total Cost budget uses the opportunity cost for these females to arrive at an annual depreciation plus interest
charge . The Cash Flow budget uses the purchase price and financing arrangments to determine an actual
annual payment for these cows.
Fixed_Cost
 Prices for $/ton As-fed %Dry Matter $/lb. DM
Corn silage $55.00 35.00% $0.08
Winter annual silage $45.00 35.00% $0.06
Ground Corn $180.00 90.00% $0.10
Purchased concentrate $350.00 90.00% $0.19

Tons
Ingredient %DM $/ton $/lb lb AF/d $/d AF/cow/year Total tons per year
MILK HERD
Corn silage, processed 35.00 $30.78 $0.02 62.857 0.967 9.59 5521
Winter annual silage 32.40 $13.75 $0.01 15.432 0.106 2.35 1356
Brewers grains, wet 24.50 39 $0.02 26.531 0.517 4.05 2330
Ground corn 88.00 $180.00 $0.09 9.091 0.818 1.39 799
Citrus pulp 88.60 180 $0.09 4.515 0.406 0.69 397
Soybean meal, 47% CP 90.00 350 $0.18 4.444 0.778 0.68 390
Urea 99.00 597 $0.30 0.152 0.045 0.02 13
Amino Plus 88.00 560 $0.28 2.102 0.589 0.32 185
Calcium carbonate 99.50 154 $0.08 0.553 0.043 0.08 49
Calcium Phospahte mono 99.50 781 $0.39 0.101 0.039 0.02 9
Magensium oxide 99.50 589 $0.29 0.101 0.030 0.02 9
Salt 99.50 225 $0.11 0.151 0.017 0.02 13
Sodium bicarbonate 99.50 451 $0.23 0.402 0.091 0.06 35
Potassium carbonate 99.50 1770 $0.89 0.101 0.089 0.02 9
Potassium magnesium sulfate 99.50 623 $0.31 0.151 0.047 0.02 13
Yeat culture 93.00 1800 $0.90 0.134 0.121 0.02 12
Supplemental Cu, Mn, Co, Zn 93.10 3998 $2.00 0.021 0.042 0.00 2
Trace mineral 99.50 1895 $0.95 0.013 0.012 0.00 1
Total feed 126.852 $870,661.52 4.75771323
cows 600
days 305

DRY HERD
Corn silage, processed 35.00 $30.78 $0.02 17.143 0.264 0.51 296
Sorghum silage 32.28 $30.78 $0.02 16.264 0.250 0.49 281
Tifton 85 92.00 100 $0.05 12.69 0.635 0.38 219
Brewers grains, wet 24.50 39.00 $0.02 5.102 0.099 0.15 88
Ground corn 88.00 180 $0.09 1.4205 0.128 0.04 25
Soybean hulls 91.00 #REF! #REF! 1.456 #REF! 0.04 25
Corn gluten feed 89.70 #REF! #REF! 1.394 #REF! 0.04 24
Citrus pulp 88.60 180 $0.09 1.693 0.152 0.05 29
Soybean meal, 47% CP 90.00 350 $0.18 1.4165 0.248 0.04 24
Biochlor 88.00 560.00 $0.28 1.430 0.400 0.04 25
Amino Plus 88.00 560.00 $0.28 1.932 0.541 0.06 33
Salt 99.50 225 $0.11 0.151 0.017 0.00 3
Calcium carbonate 99.50 154 $0.08 0.089 0.007 0.00 2
Magensium oxide 99.50 589 $0.29 0.101 0.030 0.00 2
Trace mineral 99.50 1895 $0.95 0.012 0.011 0.00 0
total #REF!
cows 600
days 60
Tons
%DM $/ton $/lb lb AF/d $/d AF/cow/year Total tons per year
BRED HEIFERS
Corn silage, processed 35 $30.78 $0.02 7.143 0.110 0.21 123
Sorghum silage 32.28 $30.78 $0.02 29.12 0.448 0.87 503
Tifton 85 92 100 $0.05 4.891 0.245 0.15 85
Brewers grains, wet 24.5 39 $0.02 6.122 0.119 0.18 106
Ground corn 88 180 $0.09 2.273 0.205 0.07 39
Soybean hulls 91 #REF! #REF! 1.693 #REF! 0.05 29
Calcium carbonate 99.5 154 $0.08 0.101 0.008 0.00 2
Magensium oxide 99.5 589 $0.29 0.05 0.015 0.00 1
Salt 99.5 225 $0.11 0.05 0.006 0.00 1
Trace mineral 99.5 1895 $0.95 0.01 0.009 0.00 0
total #REF!
cows 178
days 270

YOUNG HEIFERS
Corn silage, processed 35.00 $30.78 $0.02 14.286 0.220 0.43 247
Tifton 85 92.00 100 $0.05 2.272 0.114 0.07 39
Ground corn 88.00 180 $0.09 1.364 0.123 0.04 24
Soybean hulls 91.00 #REF! #REF! 1.978 #REF! 0.06 34
Corn gluten feed 89.70 #REF! #REF! 2.007 #REF! 0.06 35
Soybean meal, 47% CP 90.00 350 $0.18 0.278 0.049 0.01 5
Calcium carbonate 99.50 154 $0.08 0.101 0.008 0.00 2
Salt 99.50 225 $0.11 0.050 0.006 0.00 1
Trace mineral 99.50 1895 $0.95 0.006 0.006 0.00 0
total #REF! #REF!
cows 178
days 365

CALVES
Milk replacer 95 80 $1.60 1.8 2.88 0.05 31
Starter 90 550 $0.28 1 0.275 0.03 17
total $53,004.00 3.155
cows 300
days 56
 Feeding Program and Cost Details
RETURN TO MAIN BUDGET

Lbs. As-Fed Number of Number of Total Tons

MILKING HERD per Day days cows Needed
PASTURE 75.60 305 576 6,641
CORN SILAGE - 305 576 -
SORGHUM SILAGE - 305 576 -
WINTER ANNUAL SILAGE - 305 576 -
HAY - 305 576 -
WET BREWERS/DISTILLERS GRAIN - 305 576 -
GROUND CORN 14.21 305 576 1,248
CONCENTRATE EXCLUDING CORN 11.47 305 576 1,008
DRY HERD
PASTURE 108.00 60 576 1,866
CORN SILAGE - 30 576 -
SORGHUM SILAGE - 60 576 -
WINTER ANNUAL SILAGE - 0 576 -
HAY 11.96 60 576 207
WET BREWERS/DISTILLERS GRAIN - 30 576 -
GROUND CORN 3.07 60 576 53
CONCENTRATE EXCLUDING CORN 8.88 60 576 153
BRED HEIFERS (12-24 MONTHS)
PASTURE 58.00 305 350 3,096
CORN SILAGE - 365 350 -
SORGHUM SILAGE - 365 350 -
WINTER ANNUAL SILAGE - 365 350 -
HAY 2.17 365 350 139
WET BREWERS/DISTILLERS GRAIN - 305 350 -
GROUND CORN 1.14 365 350 73
CONCENTRATE EXCLUDING CORN 3.98 365 350 254
YOUNG HEIFERS (3-12 MONTHS)
PASTURE 21.00 305 350 1,121
CORN SILAGE - 365 350 -
SORGHUM SILAGE - 365 350 -
WINTER ANNUAL SILAGE - 365 350 -
HAY 1.09 365 350 70
WET BREWERS/DISTILLERS GRAIN - 365 350 -
GROUND CORN 2.73 365 350 174
CONCENTRATE EXCLUDING CORN 2.87 365 350 183
CALVES (0-3 MONTHS)
MILK REPLACER 1.25 72 350 16
RAISED MILK USED FOR DAIRY CALVES - 0 350 -
CALF STARTER FEED 1.00 72 350 13
Feeding Summary

BALANCE TO
TONS TONS SHRINK OR LOSS BE
FEEDSTUFF REQUIRED PRODUCED PERCENTAGE PURCHASED*
PASTURE 12,724 13,750.00 5.00% 390.25
CORN SILAGE - - 20.00% -
SORGHUM SILAGE - - 20.00% -
WINTER ANNUAL SILAGE - - 20.00% -
HAY 415 750.00 15.00% 272.86
WET BREWERS/DISTILLERS GRAIN - 15.00% -
GROUND CORN 1,548 5.00% 1,625.87
CONCENTRATE EXCLUDING CORN 1,599 2.00% 1,630.49

*Balances do not reflect shrinkage due to include harvest, storage, or feeding losses.

*In the Balance to be Purchased column, parenthesis indicate a

surplus of that particular crop.

Feed_detail
 RAISED CROPS PRODUCTION AND COST SUMMARY
Winter Annual Bermuda Permanent
Production Values and Variable Costs Corn Silage Sorghum Silage Silage Hay/Haylage Winter Grazing Pasture Totals
Total Acres Harvested - - - 75.00 250.00 250.00 575.00
Total tons Produced(as-fed basis) - - - 750.00 7,500.00 6,250.00 14,500.00
Total Variable Costs (TVC) $0.00 $0.00 $0.00 $44,208.38 $24,553.75 $54,437.50 $123,200
TVC/per ton (as-fed) $0.00 $0.00 $0.00 $58.94 $3.27 $8.71

Fuel Cost $ - $0.00 $0.00 $5,803.88 $1,303.75 $1,750.00 $8,858

Machinery Repairs $0.00 $0.00 $0.00 $2,198.25 $625.00 $750.00 $3,573
TVC excluding Fuel and Repairs (Total) $0.00 $0.00 $0.00 $36,206.25 $22,625.00 $51,937.50 $110,769
TVC excluding Fuel and Repairs ($/acre) $0.00 $0.00 $0.00 $482.75 $90.50 $207.75 $781
Fixed Cost Calculations
Total Crop Fixed Costs (includes tractors, etc., waste mgmt.
(irrigation), and land costs). $141,245.90
Percentage of total acres - These values come from the Fixed
Costs page and are provided as reference for you to allocate
the actual percentages. 0.00% 0.00% 0.00% 13.04% 43.48% 43.48% 100.00%
Percent of Crop Fixed Costs to allocate to crop (this value is
the one used to determine crop's fixed cost allocation) 50.00% 12.00% 20.00% 8.00% 5.00% 5.00% 100.00%
Amount of Machinery fixed costs allocated to crop $70,622.95 $16,949.51 $28,249.18 $11,299.67 $7,062.30 $7,062.30 141,245.90
Fixed Cost ($/ton) - - - 15.07 0.94 1.13
Total Dollars for crop $70,622.95 $16,949.51 $28,249.18 $55,508.05 $31,616.05 $61,499.80 264,445.53
Total Cost per Ton (AF basis) $0.00 $0.00 $0.00 $74.01 $4.22 $9.84

Raised Summary
 CORN SILAGE PRODUCTION COSTS

EXPECTED YIELD (TONS/ACRE) 25.00 TON RETURN TO MAIN BUDGET

HARVESTED ACRES -
TOTAL PRODUCTION -
TOTAL VARIABLE COSTS $0.00
Number of
Variable Costs: Unit Units $/Unit Cost/Acre $/TON Your Farm
Seed Thous. 27.50 $ 1.94 $ 53.35 $ 2.13
Lime Tons 0.50 $ 35.00 $ 17.50 $ 0.70
Fertilizer
Nitrogen Lbs 225.00 $0.55 $ 123.75 $ 4.95
Phospate (P2O5) Lbs 90.00 $ 0.40 $ 36.00 $ 1.44
Potash (K2O) Lbs 125.00 $ 0.60 $ 75.00 $ 3.00
Weed Control Acre 1.00 $ 24.82 $ 24.82 $ 0.99
Insect Control Acre 1.00 $ 6.53 $ 6.53 $ 0.26
Machinery: Preharvest
Fuel Gallon 3.73 $ 3.50 $ 13.06 $ 0.52
Repairs & Maintenance Acre 1.00 $ 6.48 $ 6.48 $ 0.26
Irrigation Inch 8.00 $ 12.00 $ 96.00 $ 3.84
Crop Insurance Acre 1.00 $ 9.00 $ 9.00 $ 0.36
Custom planting Acre 1.00 $ - $ - $ -
Custom spraying Acre 1.00 $ - $ - $ -
Custom other pre-harvest Acre 1.00 $ - $ - $ -
Land Rental Acre 1.00 $ - $ - $ -
Total Pre-harvest Costs $ 461.49 $ 18.46
Harvesting Costs (enter appropriate costs, either custom or owner performed)
Machinery: Harvest including packing or bagging (owner performed)
Fuel Gallon 15.00 $ 3.50 $ 52.50 $ 2.10
Repairs & Maintenance Acre 1.00 $ 75.00 $ 75.00 $ 3.00
Custom Harvesting Tons 0.00 $ 10.50 $ - $ -
Custom Bagging Tons 0.00 $ 8.00 $ - $ -
Total Harvesting Costs $ 127.50 $ 5.10

Total Variable Costs $ 588.99 $ 23.56

Fixed costs are included in Fixed Cost and Main Pages

*Irrigation application assumes use of diesel power unit. Electric power unit is estimated to be 60% of the cost of $3.25 per gal diesel.

Corn_silage
 SORGHUM SILAGE PRODUCTION COSTS

EXPECTED YIELD (TONS/ACRE) 12 TON RETURN TO MAIN BUDGET

HARVESTED ACRES -
TOTAL PRODUCTION -
TOTAL VARIABLE COSTS -
Number of Your
Variable Costs: Unit Units $/Unit Cost/Acre $/TON Farm
Seed Thous. 150.00 $ 0.09 $ 13.80 $ 1.15
Lime Tons 0.50 $ 35.00 $ 17.50 $ 1.46
Fertilizer
Nitrogen Lbs 200.00 $0.55 $ 110.00 $ 9.17
Phospate (P2O5) Lbs 90.00 $ 0.40 $ 36.00 $ 3.00
Potash (K2O) Lbs 125.00 $ 0.60 $ 75.00 $ 6.25
Weed Control Acre 1.00 $ 14.59 $ 14.59 $ 1.22
Insect Control Acre 1.00 $ 6.53 $ 6.53 $ 0.54
Machinery: Preharvest
Fuel Gallon 3.73 $ 4.00 $ 14.92 $ 1.24
Repairs & Maintenance Acre 1.00 $ 6.48 $ 6.48 $ 0.54
Irrigation* Inch 5.00 $ 16.50 $ 82.50 $ 6.88
Crop Insurance Acre 1.00 $ 9.00 $ 9.00 $ 0.75
Land Rental Acre 1.00 $ - $ - $ -
Total Pre-harvest Costs $ 386.32 $ 32.19
Harvesting Costs
Machinery: Harvest including packing or bagging (owner performed)
Fuel Gallon 8.00 $ 3.50 $ 28.00 $ 2.33
Repairs & Maintenance Acre 1.00 $ 75.00 $ 75.00 $ 6.25
Custom Harvesting Tons 0.00 $ 10.50 $ - $ -
Custom Bagging Tons 0.00 $ 8.00 $ - $ -
Total Harvesting Costs $ 103.00 $ 8.58
Total Variable Costs $ 489.32 $ 40.78

Sorghum_silage
 WINTER ANNUAL SILAGE PRODUCTION COSTS
EXPECTED YIELD 10.00 RETURN TO MAIN BUDGET
HARVESTED ACRES -
TOTAL PRODUCTION -
TOTAL VARIABLE COSTS $0.00

NUMBER AMOUNT
ITEM UNIT OF UNITS $/UNIT (DOLLARS) $/TON

VARIABLE EXPENSES
FERTILIZER
Lime (spread) Cwt. 0.50 $35.00 $ 17.50 $ 1.75
Nitrogen Lbs 150.00 $0.55 $ 82.50 $ 8.25
Phospate (P2O5) Lbs 50.00 $0.40 $ 20.00 $ 2.00
Potash (K2O) Lbs 75.00 $0.60 $ 45.00 $ 4.50
SEED/PLANTS
Ryegrass seed Lbs. 25.00 $0.60 $ 15.00 $ 1.50
Other Lbs. 0.00 $ - $ -
Other Lbs. 0.00 $ - $ -
Other Lbs. 0.00 $ - $ -
CUSTOM FERTILIZER/LIME
Custom spread (truck) Appl. 3.00 $7.00 $ 21.00 $ 2.10
DIESEL FUEL
Tractors gal 1.49 $3.50 $ 5.22 $ 0.52
REPAIRS & MAINTENANCE
Tracton acre 1.00 $2.12 $ 2.12 $ 0.21
Implements acre 1.00 $0.38 $ 0.38 $ 0.04
acre
LAND RENT (if not included in other crops) 0.00 $1.00 $ - $ -

TOTAL PRE-HARVEST COST $ 208.72 $ 20.87

Harvesting Costs
Machinery: Harvest including packing or bagging (owner performed)
Fuel Gallon 5.00 $ 3.50 $ 17.50 $ 1.75
Repairs & Maintenance Acre 1.00 $ 50.00 $ 50.00 $ 5.00
Custom Harvesting Tons 0.00 $ 10.50 $ - $ -
Custom Bagging Tons 0.00 $ 8.00 $ - $ -
Total Harvesting Costs $ 67.50 $ 6.75

TOTAL VARIABLE COSTS $ 276.22 $ 27.62

Winter_Silage
 WINTER ANNUAL GRAZING PRODUCTION COSTS

EXPECTED YIELD 30.00 RETURN TO MAIN BUDGET

HARVESTED ACRES 250.00
TOTAL PRODUCTION 7,500.00
TOTAL VARIABLE COSTS $24,553.75

NUMBER AMOUNT
ITEM UNIT OF UNITS $/UNIT (DOLLARS) $/TON
VARIABLE EXPENSES
FERTILIZER
Lime (spread) Cwt. 0.50 $35.00 $ 17.50 $ 1.75
Nitrogen Lbs 80.00 $0.55 $ 44.00 $ 4.40
Phospate (P2O5) Lbs 0.00 $0.40 $ - $ -
Potash (K2O) Lbs 0.00 $0.60 $ - $ -
SEED/PLANTS
Ryegrass seed Lbs. 25.00 $0.60 $ 15.00 $ 1.50
Other Lbs. 0.00 $ - $ -
Other Lbs. 0.00 $ - $ -
Other Lbs. 0.00 $ - $ -
CUSTOM FERTILIZER/LIME
Custom spread (truck) Appl. 2.00 $7.00 $ 14.00 $ 1.40
DIESEL FUEL
Tractors gal 1.49 $3.50 $ 5.22 $ 0.52
REPAIRS & MAINTENANCE
Tracton acre 1.00 $2.12 $ 2.12 $ 0.21
Implements acre 1.00 $0.38 $ 0.38 $ 0.04
LAND RENT (if not included in other crops)
acre 0.00 $1.00 $ - $ -

TOTAL VARIABLE COSTS $ 98.22 $ 9.82

Winter_Grazing
 TIFTON 85 OR OTHER HYBRID BERMUDA PRODUCTION COSTS
Yield (TONS) 10.00
ACRES HARVESTED 75.00 RETURN TO MAIN BUDGET
TOTAL PRODUCTION 750.00
TOTAL VARIABLE COST $44,208.38

UNITS/ COST COST COST

ITEM UNITS ACRE ($/UNIT) $/ACRE $/TON
VARIABLE COSTS:
LIME TON 0.50 $32.00 $16.00 $1.60
FERTILIZER:
NITROGEN LB. 350.00 $0.55 $192.50 $19.25
PHOSPHATE LB. 60.00 $0.40 $24.00 $2.40
POTASH LB. 180.00 $0.60 $108.00 $10.80
LIME TON 0.50 $35.00 $17.50 $1.75
CROP PROTECTION
HERBICIDE APPS 1.00 $11.00 $11.00 $1.10
ARMYWORM CONTROL APPS 2.00 $14.75 $29.50 $2.95
MACHINERY:
FUEL GAL. 22.11 $3.50 $77.39 $7.74
REPAIRS & MAINT. ACRE 1.00 $29.31 $29.31 $2.93
TWINE BALE 0.13 $25.00 $3.25 $0.33
PLASTIC WRAP FOR BALEAGE BALE 33.33 $0.00 $0.00 $0.00
IRRIGATION INCHES 6.00 $13.50 $81.00 $8.10
LAND RENT (if not included in other crops) ACRE 1.00 $0.00 $0.00 $0.00
OTHER $ 0.00 $0.00 $0.00 $0.00
TOTAL VARIABLE COST $589.45 $58.94

Bermuda_hay
 TIFTON 85 OR OTHER PERMANENT PASTURE PRODUCTION COSTS
Yield (TONS-AS FED) 25.00
ACRES HARVESTED 250.00 RETURN TO MAIN BUDGET
TOTAL PRODUCTION 6,250.00
TOTAL VARIABLE COST $54,437.50

UNITS/ COST COST COST

ITEM UNITS ACRE ($/UNIT) $/ACRE $/TON
VARIABLE COSTS:
LIME TON 0.50 $35.00 $17.50 $1.75
FERTILIZER:
NITROGEN LB. 125.00 $0.55 $68.75 $6.88
PHOSPHATE LB. 0.00 $0.40 $0.00 $0.00
POTASH LB. 0.00 $0.60 $0.00 $0.00
OTHER TON 0.00 $0.00 $0.00 $0.00
CROP PROTECTION
HERBICIDE APPS 1.00 $11.00 $11.00 $1.10
ARMYWORM CONTROL APPS 2.00 $14.75 $29.50 $2.95
MACHINERY:
FUEL GAL. 2.00 $3.50 $7.00 $0.70
REPAIRS & MAINT. ACRE 1.00 $15.00 $3.00 $0.30
IRRIGATION INCHES 6.00 $13.50 $81.00 $8.10
LAND RENT (if not included in other crops) ACRE 1.00 $0.00 $0.00 $0.00
OTHER $ 1.00 $0.00 $0.00 $0.00
TOTAL VARIABLE COST $217.75 $21.78

PERMANENT_PASTURE
 PAYROLL DETAIL
Number
of Hours/Year/ Base Wage Personnel
Type of Labor People Person Rate or Salary Benefits Total Cost
Owner 1 N/A $100,000.00 $100,000.00
Manager 1 N/A $50,000.00 $16,500.00 $66,500.00
Herd Health & Maintenance 0 3120 $10.75 $1.25 $0.00
Feeders/milkers 4 3120 $10.50 $1.25 $146,640.00
Crops 0 3120 $9.75 $1.25 $0.00
Replacements 0 3120 $9.75 $1.25 $0.00
Facilities & Equipment 0 3120 $9.50 $1.25 $0.00
Other 0 3120 $12.00 $1.25 $0.00
Total 6 $313,140.00

Payroll