Bip.1000			Meat and Wool Innovation - Economic Service									9.600.901
Last Updated:			Sheep and Beef Farm Survey - Per Effective Hectare
27-May-03			Class 9  All Classes  North Island
											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		345	345	344	342	346	341	346	344	344	344	344
1	Revenue  Per Effective Hectare
2	Wool	80.01	95.84	91.23	82.32	75.99	72.96	71.50	75.66	87.29	93.41	86.59
3	Sheep	141.76	106.48	115.78	167.70	149.33	143.60	171.81	244.34	307.06	283.29	251.29
4	Cattle	202.44	158.03	123.02	120.54	135.75	150.87	201.00	259.74	281.65	208.47	184.47
5	Dairy Grazing	0.00	8.49	11.82	14.74	13.90	11.24	11.24	11.32	11.53	10.59	10.35
6	Deer + Velvet	6.98	8.23	10.29	10.03	6.85	6.63	10.37	12.86	15.29	11.29	10.82
7	Goat + Fibre	0.12	0.12	0.10	0.05	0.09	0.06	0.10	0.31	0.00	0.00	0.00
8	Cash Crop	5.77	5.31	7.27	8.05	5.62	6.01	8.02	9.21	8.71	8.47	8.24
9	Other Revenue	11.00	13.16	16.76	15.82	18.76	18.91	18.04	18.77	16.24	15.06	15.06
10	Total Gross Revenue	448.08	395.67	376.28	419.25	406.30	410.27	492.08	632.20	727.76	630.59	566.82
11	Expenditure Per Effective Hectare
12	Wages	27.27	26.66	27.24	26.81	26.53	27.74	26.88	28.56	32.93	33.54	33.08
13	Animal Health	19.26	19.26	19.74	20.37	21.51	22.58	24.85	27.63	31.19	31.80	31.78
14	Weed & Pest Control	4.37	4.67	4.51	4.81	5.03	5.98	6.98	9.02	10.74	9.77	8.74
15	Shearing Lab/Contract	19.19	19.57	19.88	20.36	21.04	22.00	21.60	23.72	26.41	28.44	28.61
16	Shearing Shed Expenses	1.57	1.46	1.51	1.39	1.37	1.32	1.36	1.29	1.43	1.42	1.41
17	Fertiliser	46.58	40.14	39.04	43.35	42.75	43.58	49.84	64.18	68.49	63.24	56.89
18	Lime	1.77	1.63	1.29	1.45	2.96	2.18	3.17	4.35	5.82	4.31	3.88
19	Seeds	2.42	2.82	3.03	3.06	2.92	3.12	3.69	4.64	5.41	6.16	5.80
20	Vehicle Expenses	13.46	12.92	12.63	12.65	12.90	12.22	12.78	13.90	14.89	14.78	14.41
21	Fuel	10.22	9.18	8.38	8.25	8.31	7.45	8.85	11.33	10.98	12.17	11.69
22	Electricity	3.70	3.94	3.88	3.97	3.98	3.71	3.85	3.83	3.99	4.30	4.43
23	Feed & Grazing	9.49	9.90	7.35	8.15	11.07	13.83	14.03	16.65	19.62	17.92	16.79
24	Cultivation and Sowing	12.05	12.43	11.05	12.21	13.61	2.23	2.13	3.33	3.69	3.76	3.76
25	Cash Crop Expenses	0.17	0.12	0.29	0.13	0.01	0.78	0.79	0.81	0.65	0.69	0.68
26	Repairs & Maintenance	28.58	24.06	20.08	22.32	22.50	28.22	29.77	42.62	51.36	45.48	37.39
27	Cartage	5.77	5.81	5.84	6.00	6.58	6.49	6.26	7.35	8.00	8.49	8.43
28	Administration Expenses	16.69	16.26	16.82	16.04	16.20	16.35	16.98	17.33	18.12	18.76	19.29
29	Total Working Expenses	222.57	210.82	202.57	211.31	219.28	219.78	233.82	280.53	313.65	304.94	287.06
30	ACC Levies	3.61	4.32	4.03	4.11	3.81	3.09	3.20	5.92	5.70	6.64	5.84
31	Insurance	4.75	4.82	4.95	5.05	4.58	4.92	5.29	5.41	6.08	6.52	6.73
32	Rates	12.00	12.69	13.51	13.81	14.37	13.88	13.93	13.71	14.20	14.73	15.21
33	Managerial Salaries	5.11	5.42	5.45	4.98	5.36	5.26	5.31	4.43	4.89	5.11	5.31
34	Interest	35.24	41.01	49.21	50.64	52.15	48.36	46.29	49.66	48.21	45.35	43.18
35	Rent	5.59	6.33	7.04	7.79	8.50	8.49	9.86	11.20	11.33	11.68	11.96
36	Total Standing Charges	66.29	74.59	84.19	86.38	88.77	84.00	83.87	90.33	90.42	90.04	88.23
37	Total Cash Expenditure	288.86	285.41	286.76	297.69	308.05	303.79	317.69	370.86	404.14	395.07	375.31
38	Depreciation	20.40	23.90	24.86	24.77	26.00	25.77	25.80	27.13	30.03	28.60	26.44
39	Total Farm Expenditure	309.26	309.31	311.62	322.47	334.05	329.56	343.49	397.99	434.12	423.76	401.65
40	Farm Profit Before Tax	138.82	86.36	64.65	96.78	72.25	80.71	148.60	234.21	293.65	206.82	165.18
Revenue  Per Enterprise Hectare
	Wool per sheep ha	139.04	169.46	163.03	147.34	135.50	125.39	122.44	131.81	154.12	164.67	151.48
	Lamb + Sheep per sheep ha	246.36	188.27	206.90	300.16	266.28	246.79	294.19	425.67	542.12	499.39	439.63
	Sheep Total per sheep ha	385.40	357.73	369.93	447.50	401.78	372.18	416.63	557.48	696.24	664.06	591.11
	Cattle per cattle ha	495.47	397.89	315.66	316.86	352.18	401.06	528.60	662.04	704.74	527.59	474.75
	Deer + Velvet per deer ha	503.52	563.72	824.38	738.46	508.15	502.59	756.35	813.43	907.75	672.65	625.94
	Goat + Fibre per goat ha	57.04	90.83	137.23	62.56	117.61	75.64	126.59	415.79	0.00	0.00	0.00
	Shearing expenses per sheep ha	36.07	37.18	38.24	38.93	39.97	40.07	39.32	43.58	49.14	52.62	52.52
For more information:												© MWI Economic Service 2003
	info@economicservice.co.nz