Bip.1000			Meat and Wool Innovation - Economic Service									9.500.901
Last Updated:			Sheep and Beef Farm Survey - Per Effective Hectare
27-May-03			Class 9  All Classes  Otago/Southland
											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		68	69	70	69	69	73	71	69	69	69	69
1	Revenue  Per Effective Hectare
2	Wool	64.83	90.31	76.48	72.85	70.81	70.67	79.34	93.84	94.26	103.28	100.41
3	Sheep	140.11	110.92	108.89	162.67	154.80	149.25	199.99	278.50	319.40	277.60	257.10
4	Cattle	20.41	15.18	13.62	14.27	19.74	19.62	30.44	37.59	40.98	29.51	28.69
5	Dairy Grazing	0.00	0.00	0.00	0.00	3.12	0.00	2.12	3.63	4.37	4.37	4.37
6	Deer + Velvet	4.40	4.33	6.27	6.82	6.52	5.72	7.12	4.96	6.56	4.10	3.96
7	Goat + Fibre	0.04	-0.05	-0.01	-0.01	-0.02	-0.02	0.04	-0.13	0.00	0.00	0.00
8	Cash Crop	9.38	8.12	7.98	11.99	13.57	6.17	18.62	18.34	12.16	12.16	12.16
9	Other Revenue	5.24	5.06	9.83	13.46	10.76	15.15	20.39	12.84	15.03	15.16	14.62
10	Total Gross Revenue	244.41	233.88	223.08	282.06	279.30	266.55	358.05	449.57	492.76	446.17	421.31
11	Expenditure Per Effective Hectare
12	Wages	13.99	16.49	14.69	17.40	15.27	14.84	19.31	22.77	24.67	24.71	24.95
13	Animal Health	8.65	9.62	10.02	12.31	13.38	13.70	16.33	18.50	21.17	21.77	22.82
14	Weed & Pest Control	3.42	3.64	3.54	4.22	4.18	3.82	6.37	9.29	7.59	5.63	5.30
15	Shearing Lab/Contract	12.08	14.93	14.39	15.73	16.47	16.74	19.03	21.78	23.89	23.32	24.24
16	Shearing Shed Expenses	0.78	0.90	1.13	1.04	0.98	0.99	0.92	0.93	1.04	1.07	1.06
17	Fertiliser	18.47	17.55	16.90	20.01	21.60	24.10	25.53	34.78	41.00	38.86	36.52
18	Lime	1.21	0.98	1.16	2.34	3.05	3.41	3.01	4.90	5.71	5.32	4.86
19	Seeds	2.57	2.38	2.50	3.39	4.05	3.44	3.77	3.95	4.66	4.43	4.47
20	Vehicle Expenses	8.30	10.61	9.25	11.74	10.16	10.22	10.78	13.05	10.21	10.53	10.58
21	Fuel	7.78	7.67	7.73	9.08	8.43	7.98	9.80	12.26	12.33	12.81	12.80
22	Electricity	1.63	1.56	1.62	1.75	2.22	2.52	1.86	2.40	2.36	2.57	2.63
23	Feed & Grazing	4.52	7.54	8.46	7.12	8.81	11.68	13.02	13.23	13.76	13.57	11.95
24	Cultivation and Sowing	4.42	4.83	5.13	7.71	4.62	0.22	1.86	2.77	1.94	2.36	2.40
25	Cash Crop Expenses	0.59	0.56	0.36	0.19	0.87	0.77	3.09	2.69	2.76	2.75	2.64
26	Repairs & Maintenance	15.75	14.16	14.84	15.65	16.88	18.54	23.25	26.98	29.18	21.97	21.41
27	Cartage	4.29	5.08	5.08	5.32	5.25	4.77	5.56	6.11	7.38	6.79	7.43
28	Administration Expenses	7.31	6.62	6.42	7.09	7.62	7.31	9.71	9.57	9.67	9.82	10.04
29	Total Working Expenses	115.74	125.11	123.21	142.07	143.85	145.05	173.22	205.95	219.40	208.33	206.15
30	ACC Levies	1.67	2.40	2.33	2.58	2.38	2.10	1.99	4.29	3.86	3.96	3.67
31	Insurance	3.34	3.10	3.74	3.83	3.61	3.60	4.02	4.13	4.34	4.36	4.34
32	Rates	7.25	7.35	7.85	8.33	8.30	8.65	8.21	8.70	8.89	9.15	9.04
33	Managerial Salaries	0.28	0.03	0.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
34	Interest	28.03	29.18	34.74	38.87	34.78	31.72	30.04	27.72	26.85	25.92	25.55
35	Rent	3.14	1.97	1.27	4.33	4.88	4.11	5.14	3.32	3.16	3.18	3.17
36	Total Standing Charges	43.72	44.05	49.98	57.95	53.96	50.18	49.40	48.16	47.10	46.56	45.77
37	Total Cash Expenditure	159.46	169.16	173.19	200.02	197.81	195.24	222.62	254.10	266.44	254.86	251.87
38	Depreciation	14.68	16.10	17.63	20.95	21.12	21.28	25.20	25.15	30.08	28.41	27.03
39	Total Farm Expenditure	174.14	185.25	190.82	220.97	218.93	216.52	247.83	279.26	296.45	283.33	278.96
40	Farm Profit Before Tax	70.27	48.63	32.25	61.09	60.37	50.03	110.22	170.31	196.31	162.84	142.35
Revenue  Per Enterprise Hectare
	Wool per sheep ha	72.63	102.31	87.41	83.38	82.00	81.14	89.69	106.05	107.02	117.65	114.17
	Lamb + Sheep per sheep ha	156.95	125.66	124.45	186.18	179.28	171.35	226.07	314.76	362.64	316.21	292.35
	Sheep Total per sheep ha	229.58	227.97	211.86	269.56	261.28	252.49	315.76	420.81	469.66	433.86	406.52
	Cattle per cattle ha	220.26	147.93	121.46	126.88	191.82	175.34	333.24	399.67	422.10	309.00	305.52
	Deer + Velvet per deer ha	358.95	400.96	506.97	546.10	412.25	362.30	434.73	446.42	606.19	355.87	347.81
	Goat + Fibre per goat ha	15.69	-13.20	-10.66	-4.44	-10.04	-17.25	28.54	-130.11	0.00	0.00	0.00
	Shearing expenses per sheep ha	14.40	17.94	17.74	19.18	20.22	20.35	22.55	25.67	28.31	27.79	28.77
For more information:												© MWI Economic Service 2003
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