TABLE 12 - 4
Livestock Enterprise Analysis, 2000
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef, Background Beef -- Average per Cwt. Produced
Avg. Of
All Farms Low 20% High 20%
Number of farms 108 21 22
Quantity Value Quantity Value Quantity Value
Backgnd Beef sold (lb) 273.18 227.38 297.19 250.88 273.37 222.59
Transferred out (lb) 51.81 39.44 87.40 62.06 37.32 30.08
Cull sales (lb) 1.17 1.03 - - - -
Butchered (lb) 1.18 0.86 3.44 2.59 0.55 0.47
Less purchased (lb) -62.22 -57.61 -77.19 -69.86 -108.21 -98.37
Less transferred in (lb) -194.17 -187.55 -214.20 -206.64 -138.28 -133.25
Inventory change (lb) 29.05 30.50 3.36 6.63 35.25 40.30
Total production (lb) 100.00 54.06 100.00 45.66 100.00 61.81
Other income 0.17 0.53 -
Gross return 54.23 46.19 61.81
Direct Expenses
Barley (bu.) 1.22 1.75 1.37 2.19 0.39 0.57
Corn (bu.) 2.00 3.52 5.37 10.18 1.03 1.65
Corn Silage (lb.) 264.43 2.15 443.87 4.14 160.16 1.20
Hay, Alfalfa (lb.) 63.11 1.33 100.51 2.32 9.06 0.18
Hay, Grass & Other (lb.) 447.20 7.14 792.96 12.76 180.43 2.55
Haylage, Grass & Other (lb.) 11.01 0.14 36.66 0.27 - -
Oats (bu.) 2.23 2.10 3.71 3.82 1.27 1.20
Pasture (aum) 0.22 2.30 0.61 6.80 0.03 0.28
Stover (lb.) 9.29 0.10 22.02 0.42 - -
Straw (lb.) 35.32 0.20 48.31 0.32 7.14 0.05
Wheat, Spring (bu.) 0.33 0.34 0.96 1.13 0.05 0.06
Complete Ration (lb.) 287.92 6.95 62.23 3.33 733.00 15.41
Creep / Starter (lb.) 16.57 1.09 12.21 0.74 0.13 0.01
Protein Vit Minerals (lb.) 17.39 2.14 24.73 3.32 4.93 0.64
Other feed stuffs 0.36 0.07 0.24
Veterinary 1.82 2.94 0.70
Livestock supplies 0.98 1.90 0.26
Fuel & oil 0.87 1.18 0.77
Repairs 1.50 2.09 1.14
Custom hire 0.36 0.37 0.16
Hauling and trucking 0.20 0.83 0.12
Marketing 1.70 2.13 0.80
Operating interest 1.75 2.07 2.82
Total direct expenses 40.85 65.31 30.99
Return over direct expense 13.38 -19.12 30.82
Overhead Expenses
Hired labor 0.91 1.25 1.44
Farm insurance 0.32 0.60 0.13
Utilities 0.60 0.88 0.39
Interest 0.86 1.80 0.26
Mach & bldg depreciation 1.08 1.46 1.01
Miscellaneous 0.63 0.91 0.29
Total overhead expenses 4.40 6.90 3.52
Total dir & ovhd expenses 45.25 72.21 34.51
Net return 8.97 -26.02 27.30
Other Information
No. purchased or trans in 125 92 187
Number sold or trans out 115 92 168
Percentage death loss 0.6 1.5 0.5
Avg. daily gain (lbs) 1.51 1.21 1.70
Lbs of conc / lb of gain 5.89 6.42 8.69
Lbs of feed / lb of gain 12.25 17.42 11.29
Feed cost per cwt of gain 31.67 51.80 24.23
Feed cost per head 54.98 82.22 60.76
Average purchase weight 575 638 567
Average sales weight 725 724 750
Avg purch price / cwt 92.60 90.51 90.91
Avg sales price / cwt 83.24 84.42 81.42