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Acreview Analytics - Coggle Diagram

- - - - Income
        
        A farmer knows his check for a load of cattle sold is $80,000
        
        Said farmer sells 4 loads of cattle per year.
        
        Gross Revenue is $80,000*4=$320,000
      - Expenses
        
        The farmer knows his bank account stays around the same number, therefore the enterprise must be profitable.
    - - Income
        
        A farmer knows his cattle bring $300/cwt
        
        He knows that he has 100 cows in his herd
        
        He thinks his calves should weigh 700lbs
        
        The farmer thinks he should make $210,000 this year. (100x(700x3))
      - Expenses
        
        Farmer knows he pays around $40,000 for replacement heifers.
        
        Farmer knows he pays around $30,000 for hay
        
        Farmer knows he pays around $10,000 for salt, mineral, and veterinary supplies.
        
        The farmer plans $50,000 for miscellaneous expenses.
        
        The farmer believes his expenses should be around $130,000
    - - Income
        
        Farmer knows how much his cattle will bring according to when and where they are sold. Farmer is also utilizing the highest ROI avenue.
      - Expenses
        
        Farmer knows exactly how much hay his cattle will eat in the winter
        
        Farmer has pre-planed a number to spend per head on replacement heifers
        
        Farmer has fixed farm costs analyzed and recorded.
        
        Farmer knows exactly how much he will spend in mineral, salt, and veterinary expenses.
- - - - Is your operation profitable?
        
        Yes
        
        Do you know how much to sell your cattle for?
        
        Yes
        
        Do you know how much you should spend annually on replacement heifers?
        
        Yes
        
        1 more item...
        
        No
        
        1 more item...
        
        No
        
        No