casestudy1 dfm

# casestudy1 dfm - MgO.13 lb/d/cow \$0.25/lb = \$2,375.50/yr...

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Kelley Benham ADS 4814/6814 Case study #1 1. Milk price: \$19.15/ cwt 210 x 19.15= 4021.5 x 100= \$402,150 2. 200 tillable- corn silage – 13 tons/acre @ \$263.04/acre = 2,600 tons grown/yr 28 lbs /cow/day = 2,800 lbs day= 2.8 tons/day = 1,022 tons/yr 180 pasture- already planted with ryegrass for grazing 20 wooded- rent as hunting land \$1,500 per acre per year = \$30,000 / yr 3. Parlor- \$250,000 for double 8= \$1,670.68/month for 20 yrs @ 5.15% APR 4. Purchase feeds Ground corn – 20.62 lbs/d/cow @ \$0.05/lb = \$75,263/yr Soybean meal- 8.59 lbs/d/cow @ \$0.10/lb = \$62,707/yr Blood meal – 1.0 lbs/d/cow @ \$0.22/lb = \$16,060/yr Alf hay- 11.75 lbs/d/cow @ \$0.03/lb = \$25,732.50/yr

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Unformatted text preview: MgO - .13 lb/d/cow @ \$0.25/lb = \$2,375.50/yr NaCl - .32 lb/d/cow @ \$0.06/lb = \$1,401.60/yr ADE mix - .10 lb/d/cow @ \$0.25/lb = \$1,825/yr Molasses – 2.0 lb/d/cow @ \$0.13/lb = \$18,980/yr Feed total: \$204,344.60/yr 5. \$1,150,000 6. Loan : \$4,848.45/month for 30 years I have 4 children ages 11-17 that will rotate milking cows in the morning and evening. My husband will feed and tend to crops. I will care for the heifers. Kelley Benham ADS 4814/6814 Case study #1 Earnings per year: \$432,150 Debits per year: \$282,574.16 Difference: \$149,575.84 profit per yr This is an economically feasible offer....
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## This homework help was uploaded on 04/18/2008 for the course ADS 4814 taught by Professor Smith during the Spring '08 term at Mississippi State.

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casestudy1 dfm - MgO.13 lb/d/cow \$0.25/lb = \$2,375.50/yr...

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