Meat and Wool Innovation - Economic Service
Last Updated: Sheep and Beef Farm Survey - Key Coefficients
10-Jul-03 Class 9 All Classes Northland-Waikato-BoP
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 137 137 137 135 138 137 138 137 137 137 137
Physical Coefficients
Effective Area (Hectares) 306 296 313 312 311 314 316 315 287 315 315
Labour Total 1.53 1.45 1.47 1.43 1.45 1.49 1.48 1.46 1.42 1.42 1.42
Total SU at Open 3,431 3,334 3,494 3,327 3,311 3,360 3,218 3,129 2,949 3,207 3,177
Stock Units per Hectare 11.2 11.3 11.2 10.7 10.6 10.7 10.2 9.9 10.3 10.2 10.1
Production Coefficients
Lambing Percentage 102.4 102.6 106.2 105.9 114.8 107.2 102.1 106.2 120.5 117.5 115.4
Hogget Lambs as % of Total Lambs 0.0 0.0 0.2 0.6 2.7 2.9 2.7 4.2 4.7 5.8 5.9
Calving Percentage 88.5 90.1 87.1 84.7 84.4 82.4 81.5 82.1 83.3 87.3 85.9
Fawning Percentage 83.3 75.0 77.8 75.0 83.3 78.6 84.6 80.0 82.8 85.0 81.0
Shorn Wool Prodn Kg per head 4.61 4.80 4.78 4.97 5.11 4.55 4.39 4.81 4.81 4.83 4.85
Shorn Wool Prodn Kg per sheep su 5.11 5.32 5.28 5.48 5.62 5.04 4.85 5.28 5.30 5.38 5.38
Price Coefficients
Net Wool Price B4 Freight c per Kg 268.4 331.1 306.8 267.7 259.1 252.9 247.2 268.5 286.0 299.0 292.6
Sales Prime Lambs $ per head 37.77 29.31 33.24 44.88 37.97 39.87 46.78 66.64 67.64 63.12 58.69
Sales Store Lambs $ per head 26.65 16.95 20.21 29.56 23.27 26.60 32.17 45.38 52.22 46.74 42.20
Sales Ewes MA Prime $ per head 29.33 21.24 23.23 33.30 30.05 23.31 23.50 38.45 52.14 48.99 47.12
Sales Ewes MA Store $ per head 35.53 24.52 27.69 40.51 35.55 32.73 35.40 50.77 71.82 59.64 56.81
Sales Ewes 2th Prime $ per head 35.20 27.61 25.35 31.28 39.92 34.95 38.77 58.01 65.38 0.00 0.00
Sales Ewes 2th Store $ per head 47.32 31.40 36.40 52.11 49.64 49.03 56.34 72.27 105.57 72.99 71.60
Sales Steers 1-1.5 Yr Prime $ per head 656 523 399 469 511 537 761 887 910 0 0
Sales Steers 2 Yr + Prime $ per head 863 703 558 528 613 698 878 1,137 1,194 934 804
Sales Bulls Beef Prime/Boner $ per head 761 636 517 545 670 753 953 1,157 1,238 0 0
Sales Cows Prime/Boner $ per head 459 361 274 309 363 386 530 711 712 0 0
Sales Bulls Beef 1 Yr Store $ per head 497 350 262 430 411 499 605 708 784 824 764
Sales Steers 1 - 1.5 Yr Store $ per head 440 414 281 319 348 363 441 654 625 582 520
Sales Heifers 1 - 1.5 Yr Store $ per head 457 371 266 265 285 278 355 604 639 597 507
Financial Coefficients
Economic Farm Surplus per hectare 86.08 21.47 -13.00 18.56 33.59 -7.74 47.58 146.59 209.37 79.59 51.95
Economic Farm Surplus per stock unit 7.68 1.91 -1.16 1.74 3.16 -0.72 4.67 14.76 20.38 7.82 5.15
Rate of Return on Total Farm Capital % 2.1 0.4 -0.3 0.4 0.7 -0.2 0.9 2.3 2.8 1.1 0.8
For more information: MWI Economic Service 2003
info@economicservice.co.nz