State of Maine Rural Rehabilitation Loan Program Income ...
State of Maine Rural Rehabilitation Loan Program Income / Expense Statement Backgrounding Feeder Calves
Applicant Name _____________________________________________
Income Sources
a.
Number of head purchased for backgrounding
b.
Average weight of calves per head
a x b Total lbs of calves at start of loan term
Estimate: Total lbs of calves at end of loan term
Estimate:
Selling
$
lbs per lb.
Total Livestock Sales
$
Other income related to this beef enterprise
Income total:
$
Expenses
Cost of feeders
Hay
Days animals on hay
Cost of Feed per day
Total Hay Expense
$
Grain
Days animals on grain
Cost of grain per day
Total Grain Expense
$
Minerals
Veterinary
Medicines/Vaccines
Supplies
Cost of trucking
Insurance
Machinery
Other
Expense total:
$
Assumptions: 1. 1 lb per day weight gain per animal
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