LYON COUNTY 4-H MARKET LIVESTOCK RECORD SENIOR AND INTERMEDIATE

LYON COUNTY 4-H MARKET LIVESTOCK RECORD SENIOR AND INTERMEDIATE

PLACE PHOTO OF YOU AND YOUR PROJECT HERE (MAY BE COMPUTER GENERATED) 4-H ANIMAL PROJECT COMPLETION As a Member of the Club named above, I certify I ve completed this Project and the information contained in this document is truthful and accurate. Signed: Signed: Member Parent/Guardian Date: Date: Parent/Guardian Comments: As Leader of this Club, I hereby certify the Member has completed this Project. Signed: Leader Date: Leader Comments: 1

1. Statement of Project goals and objectives for the year (List three things you hope to accomplish.) A. B. C. 2. Source of animals (How the Member acquires the Project or if homegrown. ) Source of animal/s (where purchased/date) Birth date Breed/color Sex Homegrown? Yes No 3. Feeding program (What kinds of feed/s do you plan on using?) 4. Housing (Where will you keep your animal/s?) 5. Financial arrangements (How are you paying for your Project? How will you repay loans obtained from parents or other sources? (exs. cash, bartering) 6. How do you plan to market (look for a buyer for) your Project animal/s? (Include back-up animal/s.) 7. Where will you sell your Project animal/s? (NJLS/NV Territory Wild West Fair) (Include back-up animal/s.) 2

3

BUDGET ESTIMATED EXPENSES 1 Equipment purchase, rent or lease 2 Livestock purchases 3 Veterinary (services supplies) 4 Feed 5 Miscellaneous XXXXXXXXXXXXXXXX (A) Supplies (halters, bedding, etc.) (B) Entry fees (C) Brand inspection (D) Shearing (E) Hoof trimming (F) Repairs (G) Interest (H) Marketing (I) Sale/Auction Commission (J) NJLS Carcass of Merit Recognition Commission TOTAL EXPENSES $ (add column) INCOME 6 Sale of Project animal/s 7 Add-Ons TOTAL INCOME (add 6 and 7) PROFIT or LOSS (Income minus Expenses) $ ESTIMATED BREAK EVEN PRICE Total EXPENSES * $ / (Divided By) ENDING WEIGHT * lb. (Pg. 6; Under INCOME) = * $ /lb. = EST. BREAK EVEN PRICE Compare BUDGET to completed FINANCIAL SUMMARY at the end of the Project to determine what was over and/or under budget and unforeseen factors affecting profitability. Budget courtesy of UNCE-Douglas County/UNCE Western Area 4

INVENTORY All supplies, tools, feed and livestock owned by the Member on the beginning and ending days of the Project. If an item shown in the beginning column (A) is no longer owned at the end of the Project, record a zero (0) in column (B). Note: 1.) All items purchased during the Project are recorded under OPERATING EXPENSES (Page 6) and then added to ENDING INVENTORY (below.) 2.) Depreciation of 10% should be used for calculating the value of ENDING INVENTORY. Ex: Wheelbarrow ($87.00 x.10 = $8.70) then subtract ($8.70- $87.00 = $78.30) BEGINNING INVENTORY Date 4-H Year/Project Began ENDING INVENTORY Date 4-H Year/Project Ended EX: Wheelbarrow ITEM QUANTITY/ VALUE QUANTITY/ VALUE WEIGHT (A) WEIGHT (B) QTY. 1 $87.00 QTY. 1 $78.30 TOTAL VALUES Column (A) Column (B) Record total (A) on FINANCIAL SUMMARY (Page 7, Line 1) Record total (B) on FINANCIAL SUMMARY (Page 7, Line 8) 5

OPERATING EXPENSES FEED (C): Cost of all feed and bedding used. List items such as: salt, mineral, protein supplement, milk replacer, etc. VETERINARY (D): Cost of veterinary services, supplies, work done and medicines/vaccines you administered. LIVESTOCK PURCHASED (E): Cost of animal/s purchased for Project. MISCELLANEOUS EXPENSES (F): Cost of equipment purchased, supplies, repairs, shearing, hoof trimming, marketing, bedding, brand inspection, entry fees, health certificates, etc. NOTE: QUANTITY must be described, such as 2-50 lb. sacks, or 3 tons. DATE ITEMS QTY. FEED (C) VET (D) ANIMALS (E) MISC (F) TOTALS (Record totals on FINANCIAL SUMMARY (C) (D) (E) (F) (Page 7, Lines 2-5)) NOTE: Items purchased during the Project Year, should be recorded under ending inventory (Page 5, Column B.) INCOME Record all income including premiums, cash awards (exs. NJLS Jerry Hansen Memorial Rate of Gain Contest, futurities, NJLS Carcass of Merit Recognition, jackpot shows, add-ons, etc.) and, under ANIMAL OR ITEM SOLD, livestock or products sold. Estimate the price you expect to receive at auction under PRICE PER POUND OF ITEM. Include the value of product or animal/s kept for home use. DATE EXAMPLE 5/3/2008 ANIMAL OR ITEM SOLD ENDING WEIGHT PRICE PER POUND OF ITEM TOTAL PRICE LESS SALE COMMISSION AT % Iguana (Brutus) * 2 lbs. * $2.00 * $4.00 $0.20 (5%) * $3.80 NET INCOME RECEIVED (G) TOTAL INCOME FROM THIS PROJECT (RECORD BELOW) * 6

FINANCIAL SUMMARY EXPENSES 1. BEGINNING INVENTORY (Page 5, Column A). 2. FEED EXPENSE (Page 6, Column C). 3. VETERINARY EXPENSE (Page 6, Column D). 4. ANIMALS PURCHASED (Page 6, Column E). 5. MISCELLANEOUS EXPENSE (Page 6, Column F). 6. TOTAL EXPENSE (Lines 1 through 5). INCOME 7. PROJECT INCOME (Page 6, Item G). 8. ENDING INVENTORY (Page 5, Column B). 9. TOTAL INCOME (Lines 7 and 8). PROFIT OR LOSS OF PROJECT 10. TOTAL INCOME (line 9 above). 11. TOTAL EXPENSE (line 6 above). 12. If line 10 is greater than line 11, then NET PROFIT = (line 10 minus line 11). 13. If line 11 is greater than line 10, then NET LOSS = (line 11 minus line 10). 7

ANIMAL HEALTH RECORD This is a health record only. Expense of drugs, treatments and veterinary services should not be included here. ANIMAL NAME OR TAG # **Use a separate page for each animal. DATE DESCRIPTION OF SICKNESS & VACCINATIONS ADMINISTERED, ETC. TYPE OF TREATMENT GIVEN AND/OR PRODUCT USED WITHDRAWAL PERIOD (READ THE LABEL) TREATED BY WHOM 8

RATION SHEET Indicate ration(s), grains, hays and amounts fed. If prepared feeds are used, indicate percent of protein and brand name. (If hay/grain pellet, indicate percent of grain in pellet.) ANIMAL NAME OR TAG # **Use a separate page for each animal. ** To determine COST PER POUND: Cost of feed (Page 6, Column C) Pounds of feed (Page 6, QUANTITY column) Ex: (Feed: $8.00) (Bag Size: 20 lbs.) = ($0.40/lb) DATES FEED OR RATION POUNDS PER DAY NUMBER OF DAYS FED TOTAL POUNDS (POUNDS X DAYS) COST PER POUND TOTAL COST (TOTAL POUNDS X COST PER POUND) EX: 4/1-5/1 Grain 3 30 90.16 $14.40 COLUMN TOTALS Record totals on MARKET ANIMAL PRODUCTION SUMMARY (Page 10) (H) (I) 9

MARKET ANIMAL WEIGHT RECORD The Project animal's weight should be recorded a minimum of once per month on all market animals to ensure a positive response to feeding and management program. ANIMAL NAME OR TAG # **Use a separate page for each animal. DATE WEIGHT DAYS FROM LAST WT. GAIN FROM LAST WT. (M) DAILY GAIN (GAIN DAYS) Totals (N) (O) (P) (Q) WEIGHT RECORD TOTALS AND VALUES (M) = Beginning weight (N) = Ending weight (O) = Total days on feed (add up column) (P) = Total gain (total of column should equal N minus M) (Q) = Average daily gain: to calculate, total gain (P) total days on feed (O) = (Q) Example (Pig): 210lbs / 72 days = 2.91lbs/per day 10

Calculations MARKET COMPARISON Current MARKET PRICE $ /lb. (Available from slaughter/processing facility, UNCE Office, etc. Obtain as close to Record due date as possible.) MARKET PRICE obtained from: MARKET VALUE of this Project: MARKET PRICE $ /lb. ENDING WEIGHT X * lb. Date: = * $ MARKET VALUE PRODUCTION SUMMARY TOTAL DAYS TO COMPLETION (O): TOTAL WEIGHT GAINED (P):* lbs. Average Daily Gain (Total lbs. gained total days to completion) (Q): Total Pounds Fed (Page 9, Column H) Total Feed Cost (Page 9, Column I) Feed Cost Per Pound of Gain (Total Feed Cost Total Weight Gained) * lbs./day * lbs. * $ * $ FEED CONVERSION: Total lbs. fed * Total lbs. gained * = * (This is the amount of feed needed to increase weight by 1 lb.) 11

LYON COUNTY 4-H LIVESTOCK WEIGHT CHART ANIMAL NAME OR TAG # **Use a separate page for each animal. 1. Record the date and weight of your Project animal (Sheep/Swine/Goat Weekly; Beef Monthly) in the bottom two rows. 2. Find the column for your Project animal s specie. Find your Project animal s weight in that column. Place a dot in the column where you recorded Item # 1 (above). 3. Connect your dots with a line for a growth curve. Sheep/ Goat P O U N D S Swine 140 280 135 270 130 260 125 250 Beef 120 240 1,500 115 230 1,450 110 220 1,400 105 210 1,350 100 200 1,300 95 190 1.250 90 180 1,200 85 170 1,150 80 160 1,100 75 150 1,050 70 140 1,000 65 130 950 60 120 900 55 110 850 50 100 800 45 90 750 40 80 700 35 70 650 30 60 600 25 50 550 20 40 15 30 Wks. / Mos. to show (Circle) 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 Show Weight Date 12

Project Time Sheet Record here hours spend on your project, this can include leadership, conferences, demonstrations, and award ceremonies. 13

How did your BUDGET compare to your final FINANCIAL SUMMARY? What didn t you anticipate in your Project's Budget? How did the feeding program (ration and routine) meet the needs of the animal/s? Special problems encountered with the Project: Did you complete your goals/objectives? If not, tell in what way: Future plans: 14

4-H Club Activities 15