|
Pipestone
Lamb and Wool Enterprise Summary |
|
Financial
Analysis |
|
|
|
|
|
|
4 year |
| |
2002 |
2003 |
2004 |
2005 |
Average |
| Income
Statement |
|
|
|
|
|
| Lambs Sold |
131.18 |
142.41 |
164.51 |
167.74 |
151.46 |
| Breeding
Sheep Sold |
0.37 |
1.33 |
2.13 |
1.59 |
1.36 |
| Culls Sold |
6.37 |
8.84 |
7.88 |
9.08 |
8.04 |
| Wool Sold |
3.11 |
5.36 |
4.28 |
3.94 |
4.17 |
| Wool LDP |
|
|
2.22 |
4.97 |
1.80 |
| Misc. Income |
13.21 |
10.40 |
1.62 |
0.99 |
6.56 |
| Total
Production Sold |
154.24 |
168.34 |
182.64 |
188.31 |
173.38 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| Feed
Expenses |
|
|
|
|
|
| Ewe and Ram
Feed |
39.10 |
42.84 |
45.38 |
48.84 |
44.04 |
| Lamb Feed |
32.43 |
36.32 |
40.79 |
34.10 |
35.91 |
| Total Feed
Expense |
71.53 |
79.16 |
86.17 |
82.94 |
79.95 |
| |
|
|
|
|
|
| Return
Over Feed Expenses |
82.71 |
89.18 |
96.47 |
105.37 |
93.43 |
| |
|
|
|
|
|
| Direct
Expenses |
|
|
|
|
|
| Bedding |
2.27 |
2.98 |
3.83 |
4.36 |
3.36 |
| Veterinary
and Health |
3.98 |
5.56 |
3.99 |
6.03 |
4.89 |
| Shearing |
2.07 |
3.33 |
3.73 |
4.65 |
3.45 |
| Utilities |
1.94 |
2.09 |
2.08 |
3.82 |
2.48 |
| Hired Labor |
1.00 |
2.05 |
0.90 |
1.75 |
1.43 |
| Rent
(Building, Machinery) |
0.45 |
1.71 |
1.59 |
1.40 |
1.29 |
| Gas, Grease,
and Oil |
1.48 |
2.68 |
1.61 |
2.88 |
2.16 |
|
Repair/Maintenance |
1.53 |
3.41 |
2.49 |
4.64 |
3.02 |
|
Trucking/Marketing |
2.20 |
1.42 |
1.44 |
2.34 |
1.85 |
| Supplies |
2.74 |
2.80 |
2.31 |
4.19 |
3.01 |
| Insurance,
Taxes |
1.20 |
1.33 |
2.50 |
2.64 |
1.92 |
| Interest |
1.78 |
3.23 |
3.38 |
2.60 |
2.75 |
| Misc. |
2.72 |
1.76 |
0.73 |
2.87 |
2.02 |
| Dues,
Subscriptions |
2.02 |
2.56 |
4.07 |
3.17 |
2.96 |
| Total
Direct Cash Expenses |
27.38 |
36.91 |
34.65 |
47.34 |
36.57 |
| |
|
|
|
|
|
| Return
Over Feed and Direct Expenses |
55.33 |
52.27 |
61.82 |
58.03 |
56.86 |
| |
|
|
|
|
|
| Non-Cash
Expenses -- Depreciation |
|
|
|
|
|
| Breeding
Sheep |
7.59 |
4.80 |
1.95 |
6.65 |
5.25 |
| Sheep
Buildings |
2.46 |
2.22 |
5.48 |
5.97 |
4.03 |
| Sheep
Equipment |
0.99 |
0.76 |
0.74 |
1.09 |
0.90 |
| Machinery |
1.47 |
2.03 |
1.99 |
5.20 |
2.67 |
| Total
Non-Cash Expenses |
12.51 |
9.81 |
10.16 |
18.91 |
12.85 |
| |
|
|
|
|
|
| Total
Expenses |
111.42 |
125.88 |
130.98 |
149.19 |
129.37 |
| |
|
|
|
|
|
| Return
Over All Listed Costs |
42.82 |
42.46 |
51.66 |
39.12 |
44.02 |
|
|
Pipestone
Lamb and Wool Enterprise Summary |
|
Production
Summary (Supplementary Management Information) |
| |
|
|
|
|
4 Year |
|
|
2002 |
2003 |
2004 |
2005 |
Average |
|
Number of Ewes Exposed |
385 |
586 |
380 |
344 |
424 |
|
|
|
|
|
|
|
|
Number of Ewes Lambing |
361 |
550 |
356 |
325 |
398 |
|
Conception Rate |
93.8 |
93.9 |
93.9 |
94.4 |
94.0 |
|
|
|
|
|
|
|
|
Number of Lambs Born |
616 |
967 |
642 |
566 |
698 |
|
Percent Born Per Ewe
Exposed |
160.0 |
165.0 |
169.0 |
164.4 |
164.6 |
|
Percent Born per ewe
Lambing |
170.6 |
175.8 |
180.0 |
174.2 |
175.2 |
|
|
|
|
|
|
|
|
Number of Lambs Weaned |
531 |
879 |
581 |
500 |
623 |
|
Percent Weaned per Ewe
Exposed |
137.9 |
150.0 |
153.0 |
145.0 |
146.5 |
|
Percent Weaned per Ewe
Lambing |
147.1 |
159.8 |
164.0 |
154.0 |
156.2 |
|
|
|
|
|
|
|
|
Number of Lambs
Marketed |
471 |
772 |
504 |
409 |
539 |
|
Number of Lambs
Retained |
49 |
87 |
63 |
76 |
69 |
|
% Marketed/Retained per
Ewe Exposed |
135.1 |
146.6 |
149.0 |
141.0 |
142.9 |
|
% Marketed/Retained per
Ewe Lambing |
144.0 |
156.2 |
159.0 |
150.0 |
152.3 |
|
|
|
|
|
|
|
|
Price per cwt. Market
Lambs Sold |
84.06 |
95.11 |
100.97 |
105.81 |
96.49 |
|
Average Weight of
Market Lambs Sold |
117.7 |
121.1 |
126.6 |
124.2 |
122.4 |
|
|
|
|
|
|
|
|
Price per cwt. Cull
Sold |
23.90 |
29.41 |
31.66 |
39.00 |
30.99 |
|
Average Weight of Cull
Sold |
148 |
166.4 |
162 |
157 |
158 |
|
|
|
|
|
|
|
|
Total Pounds of Lambs
Marketed |
55437 |
92362 |
63806 |
50798 |
65601 |
|
Lbs. of Lambs
Marketed/Ewe Exposed |
144.0 |
157.6 |
167.9 |
148.0 |
154.4 |
|
LBS. of Lambs
Marketed/Ewe Lambing |
153.6 |
167.9 |
179.3 |
156.0 |
164.2 |
|
|
|
|
|
|
|
|
Number of Ewes Died |
26 |
29 |
13 |
17 |
21 |
|
Percent Ewe Death Loss |
6.7 |
5.0 |
3.4 |
4.8 |
5.0 |
|
|
|
|
|
|
|
|
No. Lambs Died (Birth
to Weaning) |
47 |
89 |
77 |
66 |
70 |
|
Percent Lamb Death Loss |
7.6 |
9.2 |
12.0 |
11.7 |
10.1 |
|
|
|
|
|
|
|
|
No. Lambs Died (Weaning
to Market) |
11 |
18 |
14 |
15 |
15 |
|
Percent Lamb Death Loss |
1.8 |
2.0 |
2.4 |
2.6 |
2.2 |
|
|
|
|
|
|
|
|
No. Lambs Died (Birth
to Market) |
58 |
107 |
91 |
81 |
84 |
|
Percent Lamb Death Loss |
9.4 |
11.1 |
14.2 |
14.3 |
12.3 |
|
|
|
|
|
|
|
|
Feed Cost per Lamb Sold
or Retained |
|
