Meat and Wool Innovation - Economic Service
Last Updated: Sheep and Beef Farm Survey - Key Coefficients
10-Jul-03 Class 9 All Classes North Island
Provisional Estimate Forecast
Coefficients 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
Physical Coefficients
Effective Area (Hectares) 370 380 391 395 401 409 415 425 427 425 425
Labour Total 1.59 1.58 1.57 1.55 1.57 1.59 1.57 1.59 1.64 1.64 1.64
Total SU at Open 3,752 3,835 3,926 3,902 3,930 3,867 3,940 3,986 4,066 4,169 4,106
Stock Units per Hectare 10.1 10.1 10.0 9.9 9.8 9.5 9.5 9.4 9.5 9.8 9.7
Production Coefficients
Lambing Percentage 102.8 103.7 104.9 108.8 112.0 105.6 108.4 109.9 117.5 121.8 115.8
Hogget Lambs as % of Total Lambs 0.0 0.1 0.3 0.7 2.0 1.8 2.3 3.1 3.6 4.2 4.2
Calving Percentage 84.9 84.8 83.0 82.7 82.5 81.1 81.1 83.1 82.6 87.0 85.6
Fawning Percentage 83.3 75.0 80.0 76.9 84.6 78.6 80.0 78.9 80.0 81.8 78.3
Shorn Wool Prodn Kg per head 4.77 4.76 4.92 5.11 4.95 4.94 4.74 4.86 4.99 4.89 4.85
Shorn Wool Prodn Kg per sheep su 5.25 5.24 5.41 5.62 5.43 5.43 5.22 5.36 5.48 5.42 5.37
Price Coefficients
Net Wool Price B4 Freight c per Kg 256.0 322.6 302.5 262.2 252.7 246.1 242.2 265.0 292.2 305.3 297.5
Sales Prime Lambs $ per head 37.39 29.50 35.04 45.33 37.92 43.19 49.70 68.60 72.24 64.62 60.29
Sales Store Lambs $ per head 27.97 19.68 24.26 31.26 25.00 30.42 36.63 51.58 58.34 49.02 45.54
Sales Ewes MA Prime $ per head 30.50 22.29 23.39 32.97 32.05 24.78 25.40 41.38 55.97 48.69 46.47
Sales Ewes MA Store $ per head 35.05 23.72 29.25 41.46 35.52 33.95 37.05 51.48 69.51 58.94 55.78
Sales Ewes 2th Prime $ per head 35.48 27.91 33.36 39.83 37.36 35.88 40.57 58.09 59.73 0.00 0.00
Sales Ewes 2th Store $ per head 49.69 33.44 41.48 57.37 50.34 49.43 57.91 71.79 96.49 73.31 68.92
Sales Steers 1-1.5 Yr Prime $ per head 658 499 396 462 492 560 791 914 929 0 0
Sales Steers 2 Yr + Prime $ per head 881 691 548 537 612 706 896 1,156 1,208 912 812
Sales Bulls Beef Prime/Boner $ per head 765 632 511 550 658 747 939 1,139 1,201 0 0
Sales Cows Prime/Boner $ per head 490 360 291 318 364 404 581 737 746 0 0
Sales Bulls Beef 1 Yr Store $ per head 548 433 336 416 441 504 638 762 822 809 753
Sales Steers 1 - 1.5 Yr Store $ per head 529 415 316 347 379 413 559 730 821 608 558
Sales Heifers 1 - 1.5 Yr Store $ per head 442 336 242 269 264 301 411 584 605 543 470
Financial Coefficients
Economic Farm Surplus per hectare 85.02 37.46 20.18 51.76 28.83 32.61 94.95 173.15 228.95 136.78 95.20
Economic Farm Surplus per stock unit 8.38 3.71 2.01 5.24 2.94 3.45 10.00 18.46 24.04 13.94 9.85
Rate of Return on Total Farm Capital % 2.4 1.0 0.6 1.4 0.8 0.9 2.4 3.5 4.0 2.6 1.9
For more information: MWI Economic Service 2003
info@economicservice.co.nz