Saturday, October 17, 2015

Chicken financials for first half of the year.


I decided it was time to catch up on some accounting this weekend.  I am on the last day of my vacation and am trying to get all caught up.

On average I had 21.5 laying hens giving me 9.4 eggs/day (I had a couple of mysterious deaths of some unknown illness), for a productivity rate of 44% (I like to be over 50% during the summer but I am getting some egg breakage because I am not getting eggs every day.  I need to improve my egg collection timeliness).  I am feeding on average 158# chicken feed/month for a grand total of 950# this year already (50# of this is baby food for the new chicks, which I just throw in here as an expense for feed.  ).  The ton of food I bought from BiMart is still going strong.  I don't expect to buy any more till next year.    My monthly feed bill is $37.64/month (only a 30 cent increase over lst quarter).  My feed costs are $1.93/doz with my total cost of production $1.69/doz (a 24 cent decrease in cost since last quarter).  My chickens are consuming 0.56lbs food/egg produced and it is costing me $0.13/egg in feed, this is great and hopefully I can keep my feed costs down. I have collected 1694 eggs to date (268 more than last quarter).  Total feed costs are $226, supply expenses are kicking in, I purchased bedding and new chicks for a total of %80.  I am keeping with the new charge of $4/doz I started last year.  I am not going to raise the prices.  I don't see me making as much as last year, but I am now covering expenses so I will let it ride for now.   I currently have a profit of $138 (an increase of only $54 for the last quarter, not even $20/month for labor) for the year.  My expenses for babies will be more this year because I kept killing them in the brooder for some reason.  Annmarie thinks I was getting them too hot, so modifications will need to be made next year.