Meat and Wool Innovation - Economic Service
Last Updated:			Sheep and Beef Farm Survey - Key Coefficients
10-Jul-03			Class 9  All Classes  Marlborough-Canterbury
										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		129	133	134	133	133	130	139	137	137	137	137
	Physical Coefficients
	Effective Area (Hectares)	729	745	726	717	712	718	740	761	702	761	761
	Labour Total	1.76	1.63	1.63	1.68	1.65	1.63	1.68	1.68	1.68	1.68	1.68
	Total SU at Open	2,976	3,259	3,463	3,465	3,482	3,260	3,450	3,567	3,050	3,443	3,440
	Stock Units per Hectare	4.1	4.4	4.8	4.8	4.9	4.5	4.7	4.7	4.3	4.5	4.5
	Production Coefficients
	Lambing Percentage	105.9	111.1	106.9	113.8	115.7	114.1	115.4	113.3	104.9	123.1	114.4
	Hogget Lambs as % of Total Lambs	0.0	0.0	0.1	0.2	0.4	0.3	0.8	1.9	1.6	3.5	2.2
	Calving   Percentage	88.2	82.9	84.1	86.0	85.4	83.8	83.8	84.2	85.7	85.7	82.1
	Fawning Percentage	66.7	80.0	85.7	88.9	90.0	88.9	75.0	81.0	75.0	77.3	78.3
	Shorn Wool Prodn Kg per head	4.50	4.62	4.41	4.65	4.40	4.47	4.44	4.49	4.05	4.32	4.29
	Shorn Wool Prodn Kg per sheep su	4.92	5.09	4.81	5.10	4.82	4.90	4.90	4.97	4.47	4.82	4.77
	Price Coefficients
	Net Wool Price B4 Freight c per Kg	281.4	394.9	348.6	310.2	321.6	279.1	299.9	371.5	401.0	456.9	436.3
	Sales Prime Lambs $ per head	40.34	29.89	32.92	39.74	34.71	37.35	46.88	59.79	70.85	59.25	55.43
	Sales Store  Lambs $ per head	35.03	23.19	25.72	30.59	26.05	28.59	36.39	46.96	61.13	48.56	45.81
	Sales Ewes MA Prime $ per head	26.95	15.97	18.05	28.26	25.49	21.13	22.65	35.23	46.90	40.76	37.53
	Sales Ewes MA Store  $ per head	35.40	19.67	22.32	32.60	30.49	27.69	31.43	45.27	57.31	50.00	57.69
	Sales Ewes 2th Prime  $ per head	32.37	33.60	31.05	27.92	34.70	33.11	32.85	47.25	49.87	0.00	0.00
	Sales Ewes 2th Store   $ per head	56.88	39.58	37.19	49.19	42.36	41.28	66.19	75.13	88.39	80.10	78.62
	Sales Steers 1-1.5 Yr Prime $ per head	755	516	435	426	432	536	766	859	912	0	0
	Sales Steers 2 Yr + Prime   $ per head	871	747	568	465	534	624	817	995	1,098	756	673
	Sales Bulls Beef Prime/Boner $ per head	851	699	570	501	568	686	971	1,055	1,077	0	0
	Sales Cows Prime/Boner        $ per head	536	372	255	272	328	384	562	674	650	0	0
	Sales Bulls Beef 1 Yr Store    $ per head	718	551	441	394	386	403	548	781	735	750	703
	Sales Steers 1 - 1.5 Yr Store  $ per head	663	522	469	358	416	410	594	686	912	671	549
	Sales Heifers 1 - 1.5 Yr Store $ per head	537	431	350	297	292	388	515	568	580	526	474
	Financial Coefficients
	Economic Farm Surplus per hectare	33.25	37.72	23.76	49.19	22.02	13.24	41.46	60.60	62.77	61.59	41.83
	Economic Farm Surplus per stock unit	8.14	8.62	4.98	10.18	4.50	2.92	8.89	12.93	14.45	13.61	9.25
	Rate of Return on Total Farm Capital %	1.8	2.1	1.3	2.4	1.1	0.7	1.8	2.1	1.8	2.0	1.4
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