Table A8.  Characteristics of Representative Cow/Calf Ranches in Montana,
           Wyoming, Colorado, Texas and Missouri.
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                         MTB400      WYB300     COB300    TXB400      MOB150
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County                   Custer     Washakie    Routt    Gonzales      Dade

Total Cropland               0        200        400        400        440
 Acres Owned                 0        200        300        400        320
 Acres Leased                0          0        100          0        120

Pastureland
 Acres Owned             14000       1000       1800       2000        320
 Acres Leased                0          0          0       1200         80
 Non-Fed AUM's Lease       450        160        630          0          0
 Federal AUM's Lease      1350       1500        250          0          0

Assets ($1000)
 Total                    1632        598       2840       2455        668
 Real Estate              1333        362       2539       2251        429
 Machinery                  97         75        105         44        157
 Other & Livestock         202        160        196        160         81

Debt/Asset Ratios*
 Total                    0.01       0.03       0.01       0.02       0.18
 Intermediate             0.02       0.07       0.02       0.15       0.17
 Long Run                 0.01       0.01       0.01       0.01       0.18

1996 Livestock
Beef Cows                  400        300        300        400        150

1996 Gross Receipts
Total                    105.1       89.0      139.1      129.5      107.1

 Cattle                  104.9       88.7      123.8      126.7       48.2
                        99.80%     99.70%     89.00%     97.80%     45.00%

 Hay                       0.2        0.3        3.3        2.8        6.4
                         0.20%      0.30%      2.40%      2.20%      5.90%

 Sorghum                   0.0        0.0        0.0        0.0       14.1
                         0.00%      0.00%      0.00%      0.00%     13.10%

 Wheat                     0.0        0.0        0.0        0.0       15.5
                         0.00%      0.00%      0.00%      0.00%     14.50%

 Soybeans                  0.0        0.0        0.0        0.0       23.0
                         0.00%      0.00%      0.00%      0.00%     21.40%

 Other Receipts            0.0        0.0       12.0        0.0        0.0
                         0.00%      0.00%      8.60%      0.00%      0.00%

1996 Planted Acres
Total                      440        200        400        480        720

 Hay                     440.0      200.0      400.0      400.0      400.0
                       100.00%    100.00%    100.00%     83.30%     55.60%

 Sorghum                   0.0        0.0        0.0        0.0       80.0
                         0.00%      0.00%      0.00%      0.00%     11.10%

 Wheat                     0.0        0.0        0.0        0.0       80.0
                         0.00%      0.00%      0.00%      0.00%     11.10%

 Soybeans                  0.0        0.0        0.0        0.0      160.0
                         0.00%      0.00%      0.00%      0.00%     22.20%

 Oats                      0.0        0.0        0.0       80.0        0.0
                         0.00%      0.00%      0.00%     16.70%      0.00%
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 *Receipts for 1996 are included to indicate the relative importance of each
  enterprise to the farm. Percents indicate the percentage of the total receipts
  accounted for by the livestock categories and the crops.
**Acreages for 1996 are included to indicate the relative importance of each
  enterprise to the farm; these values reflect acreage reduction percentages that
  year. Total planted acreage may exceed total cropland available due to double
  cropping. Percents indicate the percentage of total planted acreage accounted
  for by the crop.