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The budgets in this publication have been developed by the Virginia Cooperative Extension Farm Business Management Agents* for the major livestock enterprises in Virginia. These budgets show the projected costs and returns for the production of these enterprises in a given situation.
Input data for the budgets are based on information from a number of sources such as farm records, personal contact with individual farmers, farm supply businesses, Virginia Tech research, Extension agents and plain old practical experience.
While every attempt is made to make the budgets realistic, the users should realize that they are "typical" or "average" in nature rather than fitting any given farm situation. Thus, users of these budgets would be expected to modify them to better fit their particular operation.
The prices for inputs were obtained from farm suppliers throughout Virginia. Therefore, prices for any given input may not be accurate for any particular area.
The purpose of these budgets is to provide a guideline for helping producers determine their projected costs and returns of a given enterprise. They are intended to serve as a reminder of the variety of costs incurred in the production of crops and livestock in Virginia. These budgets also attempt to show the importance of budgeting for individual enterprises and projected returns on a range of yields, input costs, and product prices.
These budgets were developed using the spreadsheet program Microsoft Excel® and adaptation of BUDSYS (Ferreira, W. 2001) to Virginia. (http://cherokee.agecon.clemson.edu/budgets/Budsys.htm Clemson University, Clemson, SC). For further information or to get assistance with budgeting and farm financial management, contact your area Farm Business Management Agent or local Extension Agent.
Eric Eberly (C) | Mike Roberts (SE) | Jim Pease (VT) |
Peter Callan (N) | Matthew Miller (SW) | Alex White (VT) |
Tom Stanley (NW) | Gordon Groover (VT) | Bill Whittle (NW) Virginia Cooperative Extension 215 West Main Street, Suite C Stanley, VA 22851 Phone: (540) 743-5794 Fax: (540) 743-2013 E-mail: wwhittle@vt.edu |
Denise Mainville (VT) | C = Central |
Trade and brand names are used only for the purpose of information and Virginia Cooperative Extension does not guarantee nor warrant the standard of the product, nor does it imply approval of the product to the exclusion of others which may also be suitable.
Virginia Cooperative Extension materials are available for public use, re-print, or citation without further permission, provided the use includes credit to the author and to Virginia Cooperative Extension, Virginia Tech, and Virginia State University.
Issued in furtherance of Cooperative Extension work, Virginia Polytechnic Institute and State University, Virginia State University, and the U.S. Department of Agriculture cooperating. Rick D. Rudd, Interim Director, Virginia Cooperative Extension, Virginia Tech, Blacksburg; Wondi Mersie, Interim Administrator, 1890 Extension Program, Virginia State, Petersburg.
May 1, 2009