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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