Document Type

Other

Publication Date

2-1-1995

Keywords

south dakota, ewe flocks, sheep, sharing arrangements, sharing management

Extension Number

ExEx 5025

Department

Economics

Description

Sheep sharing arrangements can result in higher net incomes for both the livestock owner and the shepherd. Before entering into a sharing agreement, the parties to the agreement should estimate total production expenses for the planned sheep enterprise. All expenses should be charged at market price, including the feed grain produced on the farm. Budgets of costs and returns for ewe flocks enterprises indicate that a system of buying replacement ewes is more profitable than raising your own replacements. This is due to high market prices for slaughter and feeder lambs relative to the cost of securing good quality western replacement ewes for farm flock. If one party furnishes quality western ewes and the other party provides management to market a 130 percent lamb crop, a ewe flock operating agreement can be profitable for both parties.

Download
COinS