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- Projected Costs and Returns Enterprise Budgets For Beef Cattle and Associated Forage Production in Louisiana, 2024
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This report presents projected costs and returns for beef cattle and forage crop production in Louisiana for 2024. Assumptions regarding input usage and management activities are based on Louisiana Agricultural Experiment Station research results and selected surveys. For each enterprise budget, a set of management activities and practices are assumed and estimates of the costs of those activities and practices are developed using projections of input costs and equipment and machinery costs.
Budgets in this publication are presented in two budget formats. The first budget format (Table A) is a summary of the costs and, where applicable, the returns for the enterprise. The second budget format (Table B) provides a listing of the sequence of production operations, indicating equipment and implements used, month of operation, labor required, machine time required, and materials used. two sections. The first section (tables with “A” designation) presents budgets showing a summary of estimated costs and returns for each enterprise. The second section (tables with “B” designation) presents cost budgets showing detailed costs and labor requirements by operation for each enterprise. Labor costs, material costs, custom costs, and direct and fixed tractor and equipment costs are also included for each operation. The detailed cost budgets are presented in the same sequence and bear the same table numbers for each enterprise presented in the first section. All costs are summed, giving the total cost per operation or practice.
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2024 Beef Cattle and Forage Enterprise Budgetspdf / 1.81MB