Bip.1000			Meat and Wool Innovation - Economic Service									9.800.901
Last Updated:			Sheep and Beef Farm Survey - Per Effective Hectare
27-May-03			Class 9  All Classes  New Zealand
											Estimate	Forecast
Rev Exp Detail		1993-94	1994-95	1995-96	1996-97	1997-98	1998-99	1999-00	2000-01	2001-02	2002-03	2003-04
No. in Sample		542	547	548	544	548	544	556	550	550	550	550
1	Revenue  Per Effective Hectare
2	Wool	63.54	84.88	76.58	71.83	69.25	64.71	67.86	78.13	81.32	89.64	84.89
3	Sheep	125.49	98.10	102.95	149.61	137.70	134.78	164.83	223.49	263.16	242.28	218.85
4	Cattle	88.45	70.37	57.66	57.05	64.18	69.62	96.37	122.14	132.60	98.13	87.78
5	Dairy Grazing	0.00	3.35	4.96	5.99	6.46	4.71	5.74	6.43	6.45	6.11	6.11
6	Deer + Velvet	4.59	4.91	7.44	7.74	5.37	5.23	7.73	9.57	11.54	8.83	8.66
7	Goat + Fibre	0.06	0.03	0.03	0.03	0.03	0.02	0.05	0.10	0.00	0.00	0.00
8	Cash Crop	20.49	21.22	28.18	31.69	33.21	29.41	32.13	36.39	31.92	30.05	32.60
9	Other Revenue	8.16	8.21	12.21	13.31	14.52	15.25	15.99	13.75	15.11	14.43	14.09
10	Total Gross Revenue	310.78	291.07	290.02	337.26	330.73	323.73	390.70	489.99	542.11	489.47	452.97
11	Expenditure Per Effective Hectare
12	Wages	18.89	18.63	19.54	20.30	20.55	20.81	21.91	24.17	27.58	28.05	28.18
13	Animal Health	12.42	12.34	13.52	14.83	16.02	16.01	18.25	20.31	22.06	22.53	22.94
14	Weed & Pest Control	5.55	5.89	6.61	7.54	7.18	7.57	9.52	11.42	12.09	10.84	9.92
15	Shearing Lab/Contract	13.17	14.56	15.08	16.04	16.59	17.03	17.50	19.67	21.38	22.32	22.85
16	Shearing Shed Expenses	1.04	1.05	1.13	1.12	1.05	1.00	1.03	1.05	1.11	1.13	1.12
17	Fertiliser	27.47	24.56	26.00	29.16	30.07	30.91	33.99	44.63	48.29	45.17	41.99
18	Lime	1.30	1.31	1.12	1.72	2.73	2.61	2.73	3.96	4.60	3.90	3.61
19	Seeds	3.19	3.46	4.03	4.60	5.35	5.12	5.29	6.11	6.86	7.15	7.10
20	Vehicle Expenses	10.53	11.08	10.78	11.85	11.78	11.10	11.64	13.16	12.39	12.48	12.38
21	Fuel	8.79	8.31	8.09	8.74	8.52	7.85	9.19	11.86	11.56	11.87	12.01
22	Electricity	2.56	2.80	2.79	2.98	3.45	3.45	3.33	3.66	3.57	4.00	4.04
23	Feed & Grazing	5.95	7.41	6.86	6.59	9.53	12.57	12.43	15.98	16.43	14.29	13.58
24	Cultivation and Sowing	7.93	7.58	8.05	10.11	8.95	2.09	2.42	3.41	3.48	3.65	3.70
25	Cash Crop Expenses	1.01	1.03	1.26	1.07	1.84	2.34	2.72	2.71	2.30	2.38	2.50
26	Repairs & Maintenance	19.64	17.83	17.85	18.21	19.58	21.41	23.47	30.38	34.57	30.36	27.25
27	Cartage	4.70	5.20	5.49	5.74	6.19	6.05	6.12	7.14	7.80	7.87	8.16
28	Administration Expenses	10.69	10.40	11.07	10.97	11.42	11.25	12.31	12.81	12.92	13.22	13.54
29	Total Working Expenses	154.82	153.44	159.26	171.57	180.81	179.16	193.85	232.43	248.90	241.26	234.80
30	ACC Levies	2.29	2.97	2.97	3.11	2.92	2.41	2.36	4.52	4.54	4.72	4.26
31	Insurance	3.74	3.68	4.17	4.32	4.10	4.22	4.49	4.65	5.05	5.25	5.41
32	Rates	8.36	8.60	9.50	9.85	10.29	10.00	9.80	9.92	10.26	10.57	10.79
33	Managerial Salaries	2.04	2.17	2.70	2.72	2.58	2.53	2.60	2.36	2.53	2.61	2.69
34	Interest	28.38	31.51	39.47	42.33	42.46	39.77	38.33	39.56	37.95	36.04	34.01
35	Rent	4.05	3.97	4.17	5.67	5.99	5.86	6.56	6.50	6.25	6.46	6.52
36	Total Standing Charges	48.86	52.91	62.98	68.00	68.33	64.80	64.14	67.50	66.57	65.65	63.67
37	Total Cash Expenditure	203.69	206.35	222.24	239.57	249.13	243.96	257.99	299.93	315.54	306.87	298.54
38	Depreciation	16.44	18.67	20.73	22.58	24.60	24.21	25.57	26.33	29.39	28.47	26.90
39	Total Farm Expenditure	220.13	225.02	242.97	262.15	273.74	268.17	283.56	326.26	344.99	335.31	325.47
40	Farm Profit Before Tax	90.66	66.05	47.05	75.12	57.00	55.56	107.14	163.73	197.11	154.16	127.50
Revenue  Per Enterprise Hectare
	Wool per sheep ha	90.81	121.63	111.24	103.89	100.53	91.59	95.92	111.27	117.30	130.15	121.84
	Lamb + Sheep per sheep ha	179.34	140.57	149.55	216.38	199.89	190.76	233.00	318.31	379.56	351.76	314.11
	Sheep Total per sheep ha	270.15	262.20	260.79	320.27	300.42	282.35	328.92	429.58	496.86	481.91	435.95
	Cattle per cattle ha	309.61	256.53	209.92	214.34	238.89	266.46	368.48	457.62	481.11	354.81	328.86
	Deer + Velvet per deer ha	365.90	391.01	609.70	579.79	374.86	382.53	527.30	591.76	684.00	521.15	501.32
	Goat + Fibre per goat ha	27.30	13.90	32.25	30.68	27.20	19.68	68.16	123.41	0.00	0.00	0.00
	Shearing expenses per sheep ha	20.29	22.37	23.55	24.81	25.62	25.51	26.19	29.50	32.44	34.05	34.41
For more information:												© MWI Economic Service 2003
	info@economicservice.co.nz