Document Preview:
Benchmark-Reconciliation Gross Margin and Whole Farm Budget Name: Institution: Table of contents Part 1 1.0 Livestock reconciliation Budget……………………………………………………………..3 Figure 1 Shows livestock flow diagram…………………………………………………………..3 Table 1a shows sources in life stock reconciliation budget……………………………………….4 Table 1b shows uses in livestock reconciliation budget……………………………………….….5 Table 2 shows categories of opening and closing valuation as well as expected prices……….…5 Part 2: 2.0 Gross Margin Budget ………………………………………………………………………6 Table 3 shows gross margin budget……………………………………………………………..6 Part 3: 3.0 Whole Farm Budget………………………………………………………………….…….7 Table 4 shows Whole farm budget……………………………………………………….……..7 Part 4: 4.0 Discussion……………………………………………………………………………….…. 8 References ……………………………………………………………………………………..10 Part 1 1.0 Livestock Reconciliation Budget Assumption made: Steady state system Provided: Bulls kept 4% Calving rate 89% Cows first calve: 24months Calf mortality: 4 % Adult and weaners mortality 2.5% All steers sold at 16 months 122 sold 125steers weaners 4% deaths 89% calving 3 death 2.5% deaths 250 calves cows 260 calves 292 cows cows 3 death 7 deaths 125heifer from the cattle farming is about $92.07/ha. Perhaps this discrepancy is the greatest for the Howards. If the Howards can reduce on the cattle farming and increase the acreage of winter cropping they would fetch higher profits than is the case at the moment. References Darren Gray (2017). Farm incomes and profitability hit a new peak as production surges. Available at: www.smh.com.au Laffan (2016). Managing and Marketing Beef: AgGuide – A Practical Handbook AgGuide - A Practical Handbook. NSW Agriculture. Venkata Reddy B. Sivakumar A. S. Jeong D. W. Woo Y. B. Park S. J. Lee S. Y. ... & Hwang I. (2015). Beef quality traits of heifer in comparison with steer bull and cow at various feeding environments. Animal Science Journal 86(1) 1-16. Wilson R. H. Charry A. A. & Kemp D. R. (2005). Performance indicators and benchmarking in Australian agriculture: synthesis and perspectives. Extension Farming Systems Journal 1(1) 45. [...]
Order Description:
It is a assignment regarding a farm business and instructions are given in the attached files. Please go though the files before submitting your bids. No bids will be accepted if you don't read the attached files before submitting bid. Thanks
Subject Area: Economics
Document Type: Poetry Prose
