Cow-calf Enterprise Budget      
               
    This budget is designed for you to be able to easily adapt it to your specific ranch conditions. You can change any of the values in the blue cells. As you change a value, the budget will automatically update to reflect that change. As market price expectations change, or as costs change, you can alslo update the budget. Clicking on the Sensitivity tab above will display a sensitivity analysis.    
       
       
Basic Assumptions
Number of cows and replacement heifers to calve
Head
Percentage of cows to wean a calf 
Percent
Percent death loss of cows
Percent
Cull Cow rate
Percent
Bull replacement rate
Percent
Cows per Bull
Head
Number of months grazed
Federal (BLM FS)
Months
State Lease
Months
Private
Months
Number of months fed hay
Months
Feed costs at market value
All calves sold. Some may be sold to another enterprise (Replacement Heifers)
Cost of replacement stock (heifers and bulls) @market value
Returns
No. of Head Average Weight Units $/lb. Return/Cow Total Value
Steers
lbs
Heifers
lbs
Cull Cows lbs
    Cull Bulls   lbs  
Total Returns
Operating Costs Units Cost per Unit Units/Cow Total Units Cost/Cow Total Costs
Grass Hay Tons
Alfalfa Hay Tons
Salt and Mineral Tons
    Federal Grazing*              
Grazing Fees AUMs
Non fee costs AUMs
    State grazing*              
Grazing Fees AUMs
Non fee costs AUMs
    Private Pasture Lease* AUMs  
Veterinary and Medicine Head
Bull testing &vaccine (per Bull) Head
Breeding Fees Head
Head
    Bull Replacement** Head    
    Replacement heifers/cows** Head    
Hired Labor Hour
Transportation Total
Supplies
Total
Marketing/Sale Commission Head
Insurance
Total
Miscelaneous Total
Total
    Interest on Operating Capital*** Rate    
Total Operating Costs
NET RETURN Over Operating Costs
  * The units per cow include bull grazing  
  **Heifers are replaced at cull cow rate plus cow death loss  
  ***Interest is calculated at 1/2 of operating cost times the interest rate  
  Sensitivity Analysis
  Net Return Over Operating Costs 
  $/Head
      Calf and Cattle Prices
10% Lower 5 % Lower Expected 5% Higher 10% Higher
10% Lower
5 % Lower
  Costs Expected
5% Higher
10% Higher