TABLE 12 - 6
Livestock Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Dairy -- Average Per Cow
Avg. Of
All Farms
Number of farms 21
Quantity Value
Milk sold (lb) 16,136.30 2,259.87
Milk used in home (lb) 71.05 5.33
Milk fed to animals (lb) 197.70 20.28
Dairy Calves sold (hd) 0.10 16.50
Transferred out (hd) 0.77 115.67
Cull sales (hd) 0.28 157.68
Butchered (hd) 0.00 0.73
Less purchased (hd) -0.09 -120.37
Less transferred in (hd) -0.22 -215.25
Inventory change (hd) -0.04 -3.33
Total production 2,237.10
Other income 12.42
Gross return 2,249.52
Direct Expenses
Barley (bu.) 22.43 34.27
Corn (bu.) 89.99 153.76
Corn Silage (lb.) 7,991.23 67.80
Hay, Alfalfa (lb.) 6,559.67 171.72
Hay, Grass & Other (lb.) 1,554.66 28.20
Haylage, Alfalfa (lb.) 2,035.79 31.23
Haylage, Grass & Other (lb.) 2,762.86 21.36
Pasture (aum) 1.44 19.99
Complete Ration (lb.) 861.21 62.13
Protein Vit Minerals (lb.) 1,496.76 203.22
Other feed stuffs 1,871.49 50.13
Veterinary 57.58
Livestock supplies 118.32
Fuel & oil 51.11
Repairs 80.16
Custom hire 77.40
Livestock leases 6.69
Marketing 109.01
Operating interest 13.66
Total direct expenses 1,357.74
Return over direct expense 891.78
Overhead Expenses
Custom hire 20.35
Hired labor 132.66
Machinery & bldg leases 10.81
Farm insurance 22.12
Utilities 57.12
Interest 51.59
Mach & bldg depreciation 78.31
Miscellaneous 38.32
Total overhead expenses 411.30
Total dir & ovhd expenses 1,769.03
Net return 480.49
Other Information
Avg. number of Cows 63.9
Milk produced per Cow 16,405
Percent butterfat in milk 3.6
Culling percentage 27.7
Turnover rate 34.2
Percent of barn capacity 88.0
Lbs. milk/lb grain & conc. 1.8
Feed cost per cwt of milk 5.14
Feed cost per Cow 843.80
Avg. milk price per cwt. 14.00