Bip.1000			Meat and Wool Innovation - Economic Service									9.500.901
Last Updated:			Sheep and Beef Farm Survey - Per Stock Unit
27-May-03			Class 9  All Classes  Otago/Southland
										Provisional	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 Total Stock Unit
2	Wool	13.43	17.33	14.35	13.13	12.93	13.11	14.46	16.59	16.59	18.14	17.44
3	Sheep	29.03	21.29	20.44	29.32	28.28	27.68	36.44	49.23	56.20	48.75	44.66
4	Cattle	4.23	2.91	2.56	2.57	3.60	3.64	5.55	6.64	7.21	5.18	4.98
5	Dairy Grazing	0.00	0.00	0.00	0.00	0.57	0.00	0.39	0.64	0.77	0.77	0.76
6	Deer + Velvet	0.91	0.83	1.18	1.23	1.19	1.06	1.30	0.88	1.15	0.72	0.69
7	Goat + Fibre	0.01	-0.01	0.00	0.00	0.00	0.00	0.01	-0.02	0.00	0.00	0.00
8	Cash Crop	1.94	1.56	1.50	2.16	2.48	1.14	3.39	3.24	2.14	2.14	2.11
9	Other Revenue	1.09	0.97	1.85	2.43	1.97	2.81	3.71	2.27	2.64	2.66	2.54
10	Total Gross Revenue	50.64	44.89	41.87	50.85	51.02	49.44	65.24	79.47	86.71	78.36	73.18
11	Expenditure Per Total Stock Unit
12	Wages	2.90	3.17	2.76	3.14	2.79	2.75	3.52	4.02	4.34	4.34	4.33
13	Animal Health	1.79	1.85	1.88	2.22	2.44	2.54	2.98	3.27	3.72	3.82	3.96
14	Weed & Pest Control	0.71	0.70	0.66	0.76	0.76	0.71	1.16	1.64	1.34	0.99	0.92
15	Shearing Lab/Contract	2.50	2.87	2.70	2.83	3.01	3.10	3.47	3.85	4.20	4.10	4.21
16	Shearing Shed Expenses	0.16	0.17	0.21	0.19	0.18	0.18	0.17	0.16	0.18	0.19	0.18
17	Fertiliser	3.83	3.37	3.17	3.61	3.95	4.47	4.65	6.15	7.21	6.82	6.34
18	Lime	0.25	0.19	0.22	0.42	0.56	0.63	0.55	0.87	1.01	0.93	0.85
19	Seeds	0.53	0.46	0.47	0.61	0.74	0.64	0.69	0.70	0.82	0.78	0.78
20	Vehicle Expenses	1.72	2.04	1.74	2.12	1.86	1.90	1.96	2.31	1.80	1.85	1.84
21	Fuel	1.61	1.47	1.45	1.64	1.54	1.48	1.79	2.17	2.17	2.25	2.22
22	Electricity	0.34	0.30	0.30	0.32	0.40	0.47	0.34	0.43	0.42	0.45	0.46
23	Feed & Grazing	0.94	1.45	1.59	1.28	1.61	2.17	2.37	2.34	2.42	2.38	2.08
24	Cultivation and Sowing	0.91	0.93	0.96	1.39	0.84	0.04	0.34	0.49	0.34	0.42	0.42
25	Cash Crop Expenses	0.12	0.11	0.07	0.03	0.16	0.14	0.56	0.48	0.49	0.48	0.46
26	Repairs & Maintenance	3.26	2.72	2.78	2.82	3.08	3.44	4.24	4.77	5.13	3.86	3.72
27	Cartage	0.89	0.97	0.95	0.96	0.96	0.88	1.01	1.08	1.30	1.19	1.29
28	Administration Expenses	1.51	1.27	1.20	1.28	1.39	1.36	1.77	1.69	1.70	1.72	1.74
29	Total Working Expenses	23.98	24.01	23.12	25.61	26.27	26.91	31.56	36.40	38.61	36.59	35.81
30	ACC Levies	0.35	0.46	0.44	0.47	0.43	0.39	0.36	0.76	0.68	0.69	0.64
31	Insurance	0.69	0.60	0.70	0.69	0.66	0.67	0.73	0.73	0.76	0.77	0.75
32	Rates	1.50	1.41	1.47	1.50	1.52	1.61	1.50	1.54	1.56	1.61	1.57
33	Managerial Salaries	0.06	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
34	Interest	5.81	5.60	6.52	7.01	6.35	5.88	5.47	4.90	4.73	4.55	4.44
35	Rent	0.65	0.38	0.24	0.78	0.89	0.76	0.94	0.59	0.56	0.56	0.55
36	Total Standing Charges	9.06	8.45	9.38	10.45	9.86	9.31	9.00	8.51	8.29	8.18	7.95
37	Total Cash Expenditure	33.04	32.46	32.50	36.06	36.13	36.22	40.56	44.92	46.88	44.76	43.75
38	Depreciation	3.04	3.09	3.31	3.78	3.86	3.95	4.59	4.45	5.29	4.99	4.70
39	Total Farm Expenditure	36.08	35.55	35.81	39.83	39.99	40.16	45.15	49.36	52.16	49.76	48.46
40	Farm Profit Before Tax	14.56	9.33	6.05	11.01	11.03	9.28	20.08	30.11	34.54	28.60	24.73
Per Animal Type Stock Unit Analysis
	Sheep Revenue
	Wool  per sheep su	15.05	19.64	16.41	15.03	14.98	15.05	16.34	18.75	18.83	20.66	19.83
	Lamb + Sheep per sheep su	32.52	24.12	23.36	33.56	32.75	31.78	41.19	55.64	63.81	55.53	50.78
	Shearing expenses per sheep su	2.98	3.40	3.25	3.41	3.65	3.73	4.08	4.50	4.92	4.81	4.93
	Cattle Revenue
	Cattle  per cattle su	45.63	28.39	22.80	22.87	30.26	32.52	56.77	69.65	72.29	50.23	49.53
	Other Livestock Revenue
	Deer + Velvet  per deer su	74.37	76.95	95.15	98.45	75.30	67.20	79.21	78.91	106.67	62.50	60.42
	Goat + Fibre   per goat su	3.25	-2.53	-2.00	-0.80	-1.83	-3.20	5.20	-23.00	0.00	0.00	0.00
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	info@economicservice.co.nz											© MWI Economic Service 2003