TABLE 12 - 3
Livestock Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef Replacement Heifers -- Average per Head
Avg. Of
All Farms Low 20% High 20%
Number of farms 44 8 9
Quantity Value Quantity Value Quantity Value
Beef Replace sold (hd) 0.11 83.24 0.01 6.35 - -
Transferred out (hd) 1.15 907.39 1.25 914.91 1.02 814.84
Cull sales (hd) 0.00 2.17 - - - -
Butchered (hd) 0.00 0.58 - - - -
Less purchased (hd) -0.11 -65.89 -0.04 -27.83 -0.12 -60.44
Less transferred in (hd) -0.78 -439.45 -0.99 -573.89 -0.88 -463.07
Inventory change (hd) -0.37 -247.10 -0.23 -156.31 -0.02 15.00
Total production (hd) 0.00 240.95 0.00 163.23 0.00 306.33
Other income - - -
Gross return 240.95 163.23 306.33
Direct Expenses
Barley (bu.) 2.91 4.34 5.06 7.34 4.98 7.54
Corn (bu.) 1.88 3.36 1.91 3.86 3.12 5.62
Corn Silage (lb.) 970.54 7.37 3,229.81 23.89 285.71 2.14
Hay, Alfalfa (lb.) 565.68 11.57 285.71 5.93 439.56 10.99
Hay, Grass & Other (lb.) 2,650.08 35.93 4,349.07 59.47 1,600.77 24.01
Haylage, Grass & Other (lb.) 83.54 0.67 - - 549.45 4.40
Oats (bu.) 4.74 5.31 3.04 3.30 - -
Pasture (aum) 4.61 50.17 4.63 44.71 4.77 50.71
Complete Ration (lb.) 185.45 6.68 626.21 30.82 136.37 3.49
Protein Vit Minerals (lb.) 31.86 4.09 23.35 4.72 9.56 1.95
Other feed stuffs 263.86 2.11 403.73 3.14 27.47 0.19
Breeding fees 0.68 - 4.47
Veterinary 5.90 5.14 4.23
Livestock supplies 3.00 5.19 0.27
Fuel & oil 4.86 1.74 2.53
Repairs 7.92 5.09 4.47
Custom hire 2.68 5.72 0.27
Operating interest 6.67 1.88 1.44
Miscellaneous 0.19 1.21 -
Total direct expenses 163.48 213.14 128.72
Return over direct expense 77.47 -49.91 177.61
Overhead Expenses
Hired labor 4.92 1.28 3.81
Farm insurance 3.46 2.22 1.57
Utilities 4.52 2.53 4.01
Interest 6.76 3.43 6.77
Mach & bldg depreciation 6.45 3.88 1.64
Miscellaneous 3.84 2.89 2.34
Total overhead expenses 29.94 16.22 20.15
Total dir & ovhd expenses 193.42 229.37 148.87
Net return 47.53 -66.14 157.46
Other Information
No. purchased or trans in 24 21 20
Number sold or trans out 34 25 21
Average number of head 27 20 20
Percentage death loss - - -
Feed cost per average head 131.58 187.18 111.04
Avg. purchase weight 560 - -
Avg. sales weight 1,039 - -
Avg. purch price / head 606.67 - -
Avg. sales price / head 790.80 - -