MECOSTA COUNTY 4-H Market Lamb Project RECORD BOOK

Transcription

1 MECOSTA COUNTY 4-H Market Lamb Project RECORD BOOK Name: Address: 4-H Club: Project Leader: Age: Number of Years Showing Sheep: Record Started: Month/Day/Year Record Closed: Month/Day/Year

2 Why Keep Records? This record is a part of your 4-H Market Lamb Project work. By keeping records up-to-date you will be able to see how much progress you make as you set goals and work to accomplish them. Market livestock records must be entered for judging at the Mecosta County Fair. Failure to turn in Market Records will disqualify market animals from participating in the Mecosta County Junior Livestock Sale. Keeping records on your project will: Help you learn about animals, their rate of growth, the feed they require, the cost of the feed, and their habits. Help you plan future projects. Let you know if you made or lost money and how much. Improve your management practices. Give you a record of your project activities. Objectives: To let 4-H Members: Experience the obligation and responsibility required in a livestock enterprise. Experience and cope with the values and attitudes of responsibility. Experience the marketing process and system throughout sale of the product. Experience competition through showing the animals at local area organization sponsored shows, the fair and statewide shows. A picture is a required part of this record book. Have a picture taken of you and your project animal and note the date of the photo. Leaders Comments: Leader s Signature:

3 My Market Lamb Project Animal Ear Tag Number Breed Purchased(P) Or Raised(R) Price/Value Beginning Weight (A) Date Method Finished Weight (B) Amount of Gain (Gain=B-A) Ex: A=60 lbs. Ex: B=225 lbs. Ex: =165 lbs. For Price/Value use either the Purchase Price or the market value of the animals at the time of your weight measurements. The method of weight is asking how you measured your animal s weight. There are many ways to weigh your market animal, you can use weight tapes, scales and close approximations. Your Market Lamb Project Break Even Price 4-H animals are sold by the pound at our Junior Livestock Auction. Find out what bid price (per pound) you need to get at the Junior Livestock Sale to break even on your 4-H Market Lamb Project. Expenses on Market Animal: (pg. 4) Purchase Price of Animal: + (pg. 3) TOTAL PROJECT EXPENSES: $ = TPE Finished Weight of Animal: = FW BREAK EVEN PRICE (BE) = TPE = =cost per pound FW (Total Project Expenses (TPE) divided by your Finished Weight (FW), equals what is cost to you per pound to raise your market animal.) Example: TPE= $ FW= 225 lbs Calculate: = $1.07= cost per lb.

4 My 4-H Project Feed Record and Expenses In this section you will calculate your cost to feed your market animals. Record by months the amounts of feed purchased, weighed out, or fed during each month. For grain and supplements record the amount and cost of grain and/or the amount and cost of the supplements including commercial mixtures (protein, mineral, salt, etc). Home grown feeds should be listed according to fair market value. This report should be for the animal you are planning to take to fair. Feed Type Pre-April April May June July TOTAL Grain/Complete Feed: Concentrates: Minerals: Hay: Monthly Feed Total Find the sum of your monthly costs Total Feed Cost

5 My 4-H Project Expenses In this section you will calculate your cost to prepare your market project for the fair and auction. Expense Items Pre-April April May June July Project Totals ($) Monthly Feed Total (pg 4) Veterinary Charges/Medications Bedding Fitting & Showing Supplies *Check-Off *Trucking Marketing of Animal **(Sale Commission) (FW x market price x.04) *Insurance *Fair Pictures *Ear Tag Monthly Totals Total expenses for this animal * Amounts are reported in Pre Fair Newsletter ** Finished Weight (FW) x market price (posted in barn fair week) x 0.04 (commission rate) Example: 225 lbs x $0.95 x $0.04 = $8.55

6 My Project Photograph A completed record book requires that you have a photograph of your breedstock animal project. If possible a photo of you with your project is preferred. Please include a caption with your photo in the space provided. Date: