General
Crop Enterprise:   Malt Barley
Crop acres: 500 acres Normal annual yield: 47 bushels
Production cost per acre: $105 Initial market price: $2.89 per bushel
Inventory: 0 bushels Annual government payment: $13,225
Crop Enterprise:   Feed Barley
Crop acres: 300 acres Normal annual yield: 50 bushels
Production cost per acre: $105 Initial market price: $2.35 per bushel
Inventory: 0 bushels Annual government payment: $7,935
Crop Enterprise:   Wheat
Crop acres: 1200 acres Normal annual yield: 40 bushels
Production cost per acre: $118 Initial market price: $4.50 per bushel
Inventory: 0 bushels Annual government payment: $31,740
Livestock Enterprise:   Cows
Quantity: 100 head Output 1: Weaned Calves
Production cost per unit: $360 Weaning percentage: 95.0 %
Replacement percentage: 15.0 % Output weight per unit: 500 lbs.
Sale price per cull unit: $495 per head Initial Output 1 market price: $95.00 per cwt.
Expected Revenues
Sales Units Revenue
Weaned Calves 80 head
$38,000.00
Cull Cows 15 head
$7,425.00
Malt Barley 23,500 bushels
$67,915.00
Feed Barley 15,000 bushels
$35,250.00
Wheat 48,000 bushels
$216,000.00
Government Payment
$52,900.00
Annual Total:
$417,490.00
Expected Expenses
Units Expense
Cows 100 head
$36,000.00
Malt Barley 500 acres
$52,500.00
Feed Barley 300 acres
$31,500.00
Wheat 1200 acres
$141,600.00
Annual Total:
$261,600.00
Expected Annual Net Farm Income:
$155,890.00
Expected 2 Year Total Annual Net Farm Income:
$311,780.00