Filetype Excel XLSX | Posted on 18 Aug 2022 | 3 years ago
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198x Filetype XLSX File size 0.05 MB Source: www.gov.mb.ca
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CowShare Lease Calculator Printed: 8/17/2022
*** Enter changes to values in BLUE only
Cow Market Value $1,575/ hd Bull Market Value $3,500/ hd
Average Cow Weight 1,350 lbs Cows per Bull 25
Cow Death Loss 1.25 % Bull Replacement Rate 25 %
Cull Cow Market Price $83.00/cwt Cull Bull Market Value $2,100/ hd
Cull Cow Market Value $1,120.50 Calf Crop 95 %
Cow Replacement Rate 12 % Steer Calf Weight 600 lbs
Replacement Heifer Value $1,800/ hd Steer Calf Market Price $225.00/cwt
Operating Interest Rate 5.00 % Heifer Calf Weight 550 lbs
Investment Rate 2.75 % Heifer Calf Market Price $210.00/cwt
For more information on leases, Manitoba Agriculutre and Resource Development Contracts and Leases
A. Operating Costs Owner Leasee Total Cost
1. Feed Costs
1.01 Grain and Concentrates $0.00 $102.23 $102.23
1.02 Forages $0.00 $317.42 $317.42
1.03 Salt & Minerals $0.00 $32.45 $32.45
1.04 Extended Grazing Forages $0.00 $41.52 $41.52
Total Feed Cost $0.00 $493.62 $493.62
2. Other Operating Costs
2.01 Straw $0.00 $60.00 $60.00
2.02 Veterinary Medicine & Supplies $0.00 $21.79 $21.79
2.03 Bull Operating Costs $0.00 $42.13 $42.13
2.04 Fuel, Maintenance & Repairs $0.00 $32.92 $32.92
2.05 Utilities $0.00 $9.20 $9.20
2.06 Marketing & Transportation $0.00 $35.88 $35.88
2.07 Death Loss $19.69 $19.69
2.08 Manure Removal $0.00 $7.23 $7.23
2.09 Insurance $7.09 $4.33 $11.42
2.10 Herd Replacement - Cows $81.54 $81.54
2.11 Herd Replacement - Bulls Owner $17.08 $0.00 $17.08
2.12 Pasture Rental $0.00 $56.09 $56.09
2.13 Pasture Operating $0.00 $33.10 $33.10
2.13 Miscellaneous $0.00 $3.33 $3.33
Subtotal Operating Costs $125.40 $799.62 $925.02
2.14 Operating Interest $3.13 $19.99 $23.13
Total Operating Costs $128.53 $819.61 $948.14
B. Fixed Costs
3. Depreciation
3.01 Livestock $40.46 $40.46
3.02 Buildings $21.49 $21.49
3.03 Machinery & Equipment $81.92 $81.92
3.04 Pasture Land & Fencing $34.74 $34.74
Total Fixed Costs $40.46 $138.15 $178.61
Total Operating and Fixed Costs $168.99 $957.76 $1,126.75
C. Labour $0.00 $200.00 $200.00
Total Contributions $168.99 $1,157.76 $1,326.75
Total Contributions 12.7% 87.3%
Manitoba Agriculture, Farm Management
Estimated Farmgate Revenue
Estimated Farmgate Per Cow
Price (weighted average $ per cwt) $217.83
Calf weight - average (lbs) 575
Gross Revenue / cow $1,189.90
Lease Calculation #1 - Share Split Method
Owner Leasee
Share Split 12.7% 87.3%
Share of Revenue $151.12 $1,038.78
Net Return Per Cow ($17.88) ($118.98)
Cash Rental Per Cow $168.99
Return to Assets (ROA) 1.3%
Lease Calculation #2 - Flexible Share Calculation Method
Owner Leasee Total
Contribution Share $168.99 $1,157.76 $1,326.75
Remaining Revenue -$136.86
Distribution of Surplus Revenue 50% 50%
Share of Surplus Revenue -$68.43 -$68.43
Total Revenue Earned $100.56 $1,089.33 $1,189.90
Percent Share of Revenue (Total) 8.5% 91.5%
Net Return Per Cow ($68.43) ($68.43)
Cash Rental Per Cow $168.99
Return to Assets (ROA) -1.6%
Note: This budget is only a guide and is not intended to be an in-depth study of the cost of production of this industry.
Interpretation and utilization of this information is the responsibility of the user. No liability for decisions based on this
publication is assumed.
Created and maintained by Manitoba Agriculture and Resource Development Farm Management September, 2021
For more information, contact your local Manitoba Agriculture and Resource Developoment Office or:
Benjamin Hamm Greg Fedak Roy Arnott
Farm Management Specialist Farm Management Specialist Farm Management Specialist
Manitoba Agriculture, Farm Management
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