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January 2002
2002 Guidelines For Estimating
Bison Bull Finishing Costs
Weight Range of 524-1075 lbs.
Based on 25 Head
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| This guide is designed to provide you with planning information and a
format for calculating costs of production associated with feeding 25 bison feeder bulls
from weaning to finish. The production costs included in this guide are not intended as a
cost study of the bison industry in Manitoba. The budget estimates are based on a number
of assumptions which are clearly defined in the supporting pages. Input costs are based on
recommended practices and/or information obtained from producers. Good management is
assumed in that a balanced feeding program is being used, bison are on a herd health
program and handling facilities are included.
The guideline can be useful for comparison purposes. Comparison of costs at different
levels of production can be made with other farms, the farm over a period of time or
comparing the plan with the actual results at the end of the planning period.
The budget may be adjusted to reflect your unique situation by substituting your own
figures in the appropriate places. Each bison producer is encouraged to determine their
own costs of production based on their own inputs, pasture program and level of
management.
Disclaimer: This budget is only a guide and is not
intended as an in-depth study of the cost of production of this industry. Interpretation
and utilization of this information is the responsibility of the user. No liability for
decisions based on this publication is assumed. If you require assistance with developing
your individual budget, please contact your local MAF Farm Management Specialist or the
Farm Management Section in Winnipeg at (204) 945-4937. |
BISON BULL FINISHING COST - SUMMARY
(BASED ON 25 HEAD)
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| A. |
OPERATING COSTS |
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| 1. |
Feed Costs |
Cost/Head |
Total Cost |
Your Cost |
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1.01 |
Complete Ration |
$107.21 |
$2,680 |
________ |
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1.02 |
Grass Hay |
$70.20 |
$1,755 |
________ |
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1.03 |
Salt & Mineral |
$4.06 |
$102 |
________ |
|
1.04 |
Pasture Cost |
$58.50 |
$1,463 |
________ |
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Total Feed Costs |
$239.97 |
$6,000 |
________ |
| 2. |
Other Operating Costs |
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2.01 |
Feeder Cost |
$630.00 |
$15,750 |
________ |
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2.02 |
Straw |
$3.00 |
$75 |
________ |
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2.03 |
Veterinary Medicine & Supplies |
$17.31 |
$433 |
________ |
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2.04 |
Annual Fuel & Repair Costs |
$16.00 |
$400 |
________ |
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2.05 |
Utilities |
$8.00 |
$200 |
________ |
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2.06 |
Transportation Costs |
$35.71 |
$893 |
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2.07 |
Insurance |
$10.97 |
$274 |
________ |
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2.08 |
Manure Removal |
$8.00 |
$200 |
________ |
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2.09 |
Barn & Office Supplies |
$4.00 |
$100 |
________ |
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2.10 |
Death Loss |
$7.84 |
$196 |
________ |
| Subtotal Operating Costs |
$980.80 |
$24,521 |
________ |
|
2.11 |
Operating Interest |
$39.13 |
$978 |
________ |
| TOTAL OPERATING COSTS |
$1,019.94 |
$25,499 |
________ |
| B. |
FIXED COSTS |
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| 3. |
Depreciation |
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3.01 |
Buildings |
$13.75 |
$344 |
________ |
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3.02 |
Machinery & Equipment |
$42.33 |
$1,058 |
________ |
| 4. |
Investment |
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|
4.01 |
Buildings |
$5.50 |
$138 |
________ |
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4.02 |
Machinery & Equipment |
$14.16 |
$354 |
________ |
| TOTAL FIXED COSTS |
$75.74 |
$1,894 |
________ |
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| TOTAL OPERATING AND FIXED COSTS |
$1,095.68 |
$27,393 |
________ |
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| C. |
Labour |
$40.00 |
$1,000 |
________ |
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| TOTAL COST OF PRODUCTION |
$1,135.68 |
$28,393 |
________ |
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| Breakeven Selling Price |
$/lb |
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Operating Costs |
$1.01 |
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________ |
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Operating & Fixed |
$1.08 |
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________ |
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Total Costs |
$1.12 |
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________ |
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ASSUMPTIONS
- This budget assumes the weaning and/or purchase weight of bison bull calves to be
approximately 525 lbs. Finish weight would be assumed to be 1075 lbs.
- This budget assumes a shrink (lot to slaughter plant) of 6 %. Shrunk weight = 1011 lbs.
- Average Daily Gain = 1.85 lbs per day.
- Time frame from start to finish is approximately 297 days, 90 days finishing and and 117
days backgrounding and 90 days on pasture.
- Grain ration is prepared (minerals and salt included).
- This budget is based an a finishing enterprise of 25 bulls.
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For Further Information Contact Your Local Agricultural Office
Prepared By: |
Peter Blawat, P.Ag.
Farm Management Specialist |
Ray Salmon, P.Ag
Bison Specialist |
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