Feed Lot

SEP-OCT 2017

Feedlots and cow/calf operations in the beef industry who feed 500 or more has annually on grains and concentrates; maintain 500 or more beef cows; backgrounder, stocker/grower, preconditioner; veterinarian, nutritionist, consultant

Issue link: http://feedlotmagazine.epubxp.com/i/868988

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16 FEED•LOT  September/October 2017 STOCKER SPECIAL Budget spreadsheets are available for wheat growers and stocker cattle operators planning fall operations, according to a Texas A&M AgriLife Extension Service specialist. "This time of year wheat and stocker operators are planning and organizing their activities for the coming months," said Jerry Corn- forth, AgriLife Extension econo- mist in College Station. "Many are putting their plans together and these spreadsheets can assist with identifying and detailing the ex- penses of their operations." Producers can tailor spread- sheets to their operations, he said. For exam- ple, one enter- prise may be on bottomland and another on ter- raced land with different expens- es. Each of these operations can be separated into single tab entries. Each tab will cal- culate per acre and total enterprise costs from information entered for seed, fertilizer, chemicals, fuel, re- pairs and other costs. Stocker budgets have expens- es, such as calf cost, grazing cost, feed and veterinary expenses. Each tab also calculates a project- ed total return for a crop or a set of stockers, break-even prices and a sensitivity table. "You can also do the same thing with any small grain crop," Corn- forth said. "A lot of farmers will be putting in small grains for grazing this fall or trying out a different small grain. These budget spread- sheets can help them estimate ex- penses and returns for these crops." For stocker operations, Cornforth said, separate tabs can be used for each weight class or grazing period to establish projected expenses and returns for different groups of cattle. " T h e c o p y f u n c t i o n o n t h e spreadsheet gives flexibility to model your operation into the spreadsheet," he said. The spreadsheets, Build Your Own Budgets, are available at http://bit.ly/2mugoLH. More than 200 enterprise budgets for major crops and alternative production systems are available for the 12 AgriLife Extension districts across the state. There are also 40 live- stock budgets. Cornforth said the spreadsheets serve as a good risk management t o o l , a l l o w i n g f a r m e r s a n d ranchers to eval- u a t e p o t e n t i a l changes to their operations based on a number of factors affecting profit or loss. "Producers can make changes to revenue or cost estimates and quickly see the impact on the po- tential profit or loss for a crop or stocker enterprise," he said. "These spreadsheets give a producer the ability to evaluate many 'what if' scenarios quickly, hopefully allow- ing them to achieve better returns and reduce the overall risk to the operation. Budgets can be used throughout the growing season to keep tabs on production costs with profit/loss estimates being recalcu- lated as costs change." A Machinery Cost Estimator spreadsheet is also available to help calculate and keep track of equipment costs. FL Budget spreadsheets available for small grain, fall stocker cattle Stocker budgets have expenses, such as calf cost, grazing cost, feed and veterinary expenses and calculates a projected total return for calves, break-even prices and a sensitivity table. By BLAIR FANNIN

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