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AGRICULTURAL <br />EXTENSION <br />SERVICE <br />Extension Economics and Business <br />Box 8109 <br />Raleigh, N. C. 27695 -8109 <br />April 22, 1987 <br />Bill Kous <br />Karen cAdams <br />Orange County Extension Service <br />Agricultu'ral.Bldg. <br />109. Court St. <br />Hillsborough, NC 27278 <br />Dear Bill and Karen. <br />ATTACHMENT A <br />North Carolina State Uniuersit; <br />School of Agriculture and Life Science <br />Enclosed.you will find the completed version of the feasibi- <br />lity study for an Orange County Livestock market. Karen, if you <br />ha%-e ar.y further changes or additions please tell me and 1 will <br />incorporate them. <br />Please note a change in the revenue scale for the Siler City <br />market. I used their 1986 schedule in the draft and during the <br />meeting on April 21, 1987. A question about the level of these <br />commissions at that.meeting caused me to go back and check With <br />the Siler City market about their 1987 schedule. I found a <br />significant increase in their fee scale and have incorporated it <br />in this new version. The change reduces the projected loss to <br />the new Hillsborough market by $1 per animal unit. The expected <br />revenue remains negative, however. The breakeven volume is also <br />reduced, but now is much closer to historical volume levels of <br />the old Hillsborough sale. This new result makes the facility <br />more-feasible with breakeven volumes in an attainable range for <br />an aggressive manager. <br />I apologize for the mistake in the draft and urge you to <br />share this information with those present at the meeting.yester- <br />day. <br />�. Sincerely, <br />i <br />am es E. Standaert <br />t Cooperative Extension ITork in Agriculture and Home Economics MT and KC State Universities, 100 Counties and U.S. Department of Agricu <br />