Table 5.

Enterprise budget per cow for alternative management strategies

	Scenario1
	0CON	0COND	4CON	8CON	12CON
Gross revenues	759.98	759.98	762.68	762.68	762.68
Costs
Feed	16.63	277.42	97.83	195.33	331.92
Labor	47.47	54.36	57.20	52.77	52.14
Fuel and lube	17.19	23.12	20.03	25.15	34.33
Repairs and maintenance	13.33	13.90	14.12	15.23	16.79
Interest on loans	15.58	34.23	23.39	28.97	37.77
Other production costs	147.76	147.76	129.83	112.61	95.40
Total variable costs	257.96	550.79	342.39	430.07	568.35
New fixed costs	–	–	6.20	6.20	6.20
Land cost	120.00	120.00	78.90	39.45	0.12
Other fixed costs	85.85	85.85	85.85	85.85	85.85
Total fixed costs	205.85	205.85	170.95	131.50	92.17
Net return	296.16	3.34	249.34	201.11	102.16

¹0CON = conventional pasture-based system for cow–calf sector; 0COND = conventional pasture-based system supplemented hay during drought in cow–calf sector; 4CON = cow–calf sector limit-fed in confinement for 4 mo; 8CON = cow–calf sector limit-fed in confinement for 8 mo; 12CON = cow–calf sector limit-fed in confinement for 12 mo.