Project Animal Inventory Notes for Project Animal Inventory Beginning $ Value: Fair market value of existing animals at the beginning of project OR the purchase cost of new animals including transportation Estimated Current $/CWT: Current market pricing for the breed expressed in CWT (see definition below). The ending value will be given at the fair weigh‐in or record book check‐in. Per pound prices must be converted to CWT. [Conversion: $100/CWT = $1/lb (multiply $/lb by 100)] Ending $ Value: Ending Weight (in CWT) X Estimated Current $/CWT = Current Market Price or Ending $ Value Definition: $/CWT: Price per hundred weight (such as $50/100 lbs). This is an agriculture industry term and should be recognized by youth. Animal Description (Name/Number) Date Purchased Or Born Beginning Weight Beginning Value $ Ending Weight Estimated Current $/CWT Ending Value $ Health Records
Expenses Source of Expense Amount Depreciation (page 5) Non-Feed Expenses (page 14) Feed Expenses (page 15) Total Expenses Income Source of Income Amount Project Income (page 13) Total Income Change in Animal Inventory Value at End Value at Beginning Net Change in Animal Inventory at End – Value at Beginning) Profit Profit Income– Total Expenses)+Net Change in Animal Inventory profit or loss can be figured by adding animal premiums and achievement money after fair. Buyer Letters & Interview Form Youth showing market animals are expected to contact and recruit buyers – both current and potential. Include a copy of your buyer letter, list of individuals and companies to whom you sent your letter, and a copy of your buyer interview form. You must send five buyer letters with three being new buyers as well as interview one buyer in person. Youth will also be required to interview a potential buyer. The interview should be conducted in person and requires a buyer signature. Interviews should be conducted in January and February and should be conducted with the utmost professionalism. It’s recommended that you make an appointment with the buyer, dress in your official fair dress, and use your best manners.
Photo Caption: Project Accomplishments and Activities (Optional Section*) List the project books, exhibits, demonstrations, judging teams, day camps, leadership activities, State Fair activities and project-related community service activities engaged in during this project year (September 1 – March 3). Give the title of exhibits; don’t just put poster, display, etc. The activities do not have to be 4-H or FFA sponsored, but they must be related to this project. Activities that are mandatory (such as ethics training) do not count for bonus points but can be listed. Examples Month/Year Description Title Where Leader/Advisor Initials December 2010 Day Camp Milk: Good for Your Body County Extension Office XX January 2010 Leadership Organized milking clinic Archer Farm XX February 2010 Demonstration Make Your Own Halter February Micanopy Club Meeting XX March 2010 Poster Dairy Breeds Alachua County Youth Fair XX March 2010 Public Speaking Speech health benefits of milk Kiwanis Club, Gainesville XX April 2010 Community Service Milk & Cookies Benefit (benefiting Salvation Army) Salvation Army XX