The budgets in this publication have been developed by the Virginia Cooperative Extension Farm Business Management staff (see table below)* 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 educators, and 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.

Other resources in:

• Enterprise Budgets

Other resources by:

• Eric Eberly
• Gordon Groover

Other resources from:

• Agricultural and Applied Economics