Bip.1000			Meat and Wool Innovation - Economic Service									9.300.901
Last Updated:			Sheep and Beef Farm Survey - Per Effective Hectare
27-May-03			Class 9  All Classes  Taranaki-Manawatu
											Forecast	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		71	72	72	72	72	69	72	71	74	74	74
1	Revenue  Per Effective Hectare
2	Wool	89.14	113.88	103.78	98.12	95.39	89.33	90.35	88.20	99.35	121.30	104.35
3	Sheep	157.09	120.59	126.87	188.10	190.18	171.21	207.89	299.92	361.09	348.91	306.09
4	Cattle	164.85	123.97	94.11	86.72	101.23	108.81	147.98	185.32	204.57	141.52	127.39
5	Dairy Grazing	0.00	7.87	10.94	14.33	13.03	10.47	9.21	9.05	12.39	11.09	10.43
6	Deer + Velvet	6.81	7.00	11.02	14.03	8.78	11.95	18.77	21.58	24.78	20.43	19.13
7	Goat + Fibre	0.03	0.00	-0.02	0.00	-0.04	0.00	0.00	0.00	0.00	0.00	0.00
8	Cash Crop	13.84	11.52	12.52	11.96	13.77	6.68	3.90	2.73	3.04	5.00	5.22
9	Other Revenue	12.63	19.24	19.40	14.72	18.32	15.25	14.79	17.78	18.48	15.65	16.96
10	Total Gross Revenue	444.38	404.07	378.61	427.98	440.67	413.69	492.89	624.57	723.70	663.91	589.57
11	Expenditure Per Effective Hectare
12	Wages	28.76	27.57	26.54	23.64	20.55	20.08	22.84	27.91	32.36	33.59	33.08
13	Animal Health	19.21	20.72	21.48	21.19	23.34	25.14	26.09	29.35	32.76	33.84	33.55
14	Weed & Pest Control	6.48	6.49	6.18	6.02	6.16	7.44	7.33	11.67	12.99	13.31	12.10
15	Shearing Lab/Contract	20.57	24.36	23.99	23.90	25.29	26.28	26.32	28.88	31.24	34.71	34.71
16	Shearing Shed Expenses	1.78	1.83	1.74	1.57	1.69	1.62	1.52	1.66	1.77	1.72	1.70
17	Fertiliser	43.15	36.12	33.64	36.59	41.83	38.24	46.16	58.35	60.82	54.29	46.28
18	Lime	0.60	0.72	1.24	1.39	3.09	1.13	1.77	3.63	5.96	5.10	4.62
19	Seeds	4.02	3.18	4.25	4.31	4.71	4.02	4.90	5.59	6.22	7.53	7.15
20	Vehicle Expenses	15.51	13.72	13.41	14.06	15.22	12.83	12.75	13.71	14.97	15.17	15.00
21	Fuel	11.53	10.55	9.01	7.57	8.39	7.69	8.73	11.18	11.23	12.62	11.95
22	Electricity	4.18	4.88	4.30	4.43	4.38	4.04	4.16	4.58	4.99	5.62	5.80
23	Feed & Grazing	6.43	6.72	4.51	4.54	5.59	8.34	10.84	11.34	14.00	12.60	12.39
24	Cultivation and Sowing	16.13	13.81	13.68	13.98	14.39	2.59	2.72	3.65	4.18	4.46	4.54
25	Cash Crop Expenses	0.56	0.10	0.04	0.03	0.02	0.76	0.32	0.20	0.13	0.19	0.16
26	Repairs & Maintenance	27.29	22.94	20.54	23.95	23.08	29.82	32.10	44.58	57.89	53.50	44.80
27	Cartage	4.39	4.12	3.95	4.10	5.15	4.73	4.74	5.46	6.20	6.83	6.51
28	Administration Expenses	15.17	14.08	13.84	13.18	13.81	13.15	13.34	13.94	15.42	16.34	16.65
29	Total Working Expenses	225.76	211.92	202.33	204.45	216.69	207.89	226.64	275.68	313.04	311.30	290.87
30	ACC Levies	3.10	4.04	4.24	3.69	3.85	2.99	2.67	6.30	5.27	5.70	5.13
31	Insurance	5.21	5.05	5.14	4.95	4.97	5.16	4.97	5.47	5.65	6.01	6.14
32	Rates	11.68	12.30	11.89	11.50	12.84	11.94	12.07	12.36	12.70	13.25	13.73
33	Managerial Salaries	1.32	2.06	2.85	2.85	3.07	2.72	2.48	1.17	2.03	2.11	2.16
34	Interest	37.93	45.80	55.82	57.22	54.76	47.68	41.82	49.58	55.19	52.30	50.57
35	Rent	5.35	7.16	7.92	8.27	9.98	8.10	11.31	14.67	14.29	14.53	14.74
36	Total Standing Charges	64.60	76.41	87.86	88.48	89.48	78.59	75.32	89.55	95.15	93.90	92.47
37	Total Cash Expenditure	290.36	288.34	290.19	292.93	306.17	286.48	301.96	365.23	408.29	405.30	383.45
38	Depreciation	20.94	22.98	26.32	24.57	29.81	26.46	24.38	28.23	31.84	28.64	23.45
39	Total Farm Expenditure	311.30	311.32	316.50	317.50	335.98	312.93	326.33	393.46	440.22	433.91	406.96
40	Farm Profit Before Tax	133.08	92.75	62.10	110.48	104.69	100.76	166.55	231.11	283.48	230.00	182.61
Revenue  Per Enterprise Hectare
	Wool per sheep ha	137.80	179.90	163.22	152.32	147.22	135.94	137.68	134.63	154.88	186.34	160.49
	Lamb + Sheep per sheep ha	242.84	190.49	199.54	292.00	293.52	260.56	316.80	457.81	562.91	535.98	470.76
	Sheep Total per sheep ha	380.64	370.39	362.76	444.32	440.74	396.50	454.48	592.44	717.79	722.32	631.25
	Cattle per cattle ha	486.92	374.23	298.98	297.67	342.33	367.28	488.06	608.87	655.37	475.35	429.85
	Deer + Velvet per deer ha	495.46	485.93	859.00	857.80	480.42	658.10	864.24	840.88	901.37	730.54	655.86
	Goat + Fibre per goat ha	36.66	10.20
	Shearing expenses per sheep ha	34.56	41.37	40.47	39.54	41.64	42.45	42.42	46.61	51.47	55.97	56.00
For more information:												© MWI Economic Service 2003
	info@economicservice.co.nz