A dairy farmer shares the annual profit from his 20-cow farm, detailing revenue, costs, and net income. He emphasizes the importance of calculating yearly figures rather than monthly to account for variable costs and revenues. The farmer also discusses depreciation of equipment and opportunity costs associated with his land. Ultimately, he reveals a significant annual profit, which he breaks down into a monthly figure, and reflects on the personal satisfaction and financial stability his farm provides for his family.
Here are the key facts extracted from the text:
1. The speaker is a small milk producer from the south of Santa Catarina.
2. He has 20 cows and 7 hectares of personal land.
3. The speaker's milk production for a year is as follows:
* August 2021: 6,232 liters, price per liter: 2.36, income: 14,741.91, cost: 5,221.35, net revenue: 9,520.56
* September 2021: 6,481 liters, price per liter: 2.36, income: 15,314.60, cost: 7,856.40, net revenue: 7,458.20
* (Data for other months is provided, but not extracted here)
4. The speaker's total income for the year is R$256,429.84.
5. The speaker's total cost for the year is R$93,759.29.
6. The speaker's net revenue for the year is R$162,670.55.
7. The speaker's depreciation costs for the year include:
* Warehouse: R$500 (assuming 80 years of use)
* Cooler: R$1,000 (assuming 15 years of use)
* Other equipment and expenses: R$833 (total depreciation: R$2,333)
8. The speaker's opportunity cost for the year is R$3,000 (rent for 3 hectares of land).
9. The speaker's total taxes for the year are R$5,347.
10. The speaker's net profit for the year is R$147,323.55.
11. The speaker's monthly profit is R$13,110.29 (after dividing the net profit by 12).
12. The speaker and his wife work every day of the week, but consider their work as working on their own capital.
13. The speaker and his wife have a good standard of living and are able to save some money for leisure purposes.