Sheep-Range Enterprise Budget    
Lambing on range, lambs sold as feeders
    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 ewes and replacement ewes to lamb
Head
Percentage of ewes to wean a lamb
Percent
Percent death loss of ewes
Percent
Cull ewe rate
Percent
Ram replacement rate
Percent
Ewes per ram
Head
Ewes per dog
Head
Number of months grazed
Federal (BLM FS)
Months
Private
Months
Number of months dry lotted 
Months
Feed costs at market value
All lambs sold. Some may be sold to another enterprise (Replacement Ewes)
Cost of replacement stock (ewes and rams) @market value
Returns
No. of Head Weight Unit $/lb. Return/Head Total Value
Feeder lambs lbs
Cull ewes
lbs
Cull rams
lbs
Wool - ram, fine wool lbs
Wool - ram, meat breed lbs
Wool - ewe lbs
   Total Returns
Operating Costs Units Cost per Unit Units/Head Total Units Cost/Head Total Cost
Feed costs
Alfalfa hay ton
Feed barley cwt
Corn
cwt
Salt and minerals lb
Grazing*
Federal range AUM
Private Pasture AUM
Replacements
Yearling Rams head
    Replacement Ewes** head  
Other Operating Costs
Hauling
head
Marketing  head
Shearing - ewe head
Shearing -ram head
Wool assessment head
Camp supplies head
Dogs (food and vet) dogs/month
ASI lamb checkoff lb
Veterinary Medicine head 1.00
Machinery (fuel, lubrication, repair) total
Vehicles (fuel, repair) total
Equipment (repair) total
Housing and Improvements (repair) total
Hired Labor month/worker
    Interest on Operating Capital*** Percent  
   Total Operating Costs
NET RETURN Over Operating Costs
  *The unites per head include rame grazing       
  **Ewes are replaced at the cull ewe rate plus death loss rate    
  ***Interest is calculated at 1/2 of operating cost times the interest rate  
  Sensitivity Analysis
  Net Return Over Operating Costs 
  $/Head
      Returns
10% Lower 5 % Lower Expected 5% Higher 10% Higher
10% Lower
5 % Lower
  Costs Expected
5% Higher
10% Higher