TABLE 12 - 7
Livestock Enterprise Analysis, 2001
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Dairy -- Average Per Cwt Of Milk
Avg. Of
All Farms
Number of farms 21
Quantity Value
Milk sold (lb) 98.36 13.78
Milk used in home (lb) 0.43 0.03
Milk fed to animals (lb) 1.21 0.12
Dairy Calves sold (hd) 0.00 0.10
Transferred out (hd) 0.00 0.71
Cull sales (hd) 0.00 0.96
Butchered (hd) 0.00 0.00
Less purchased (hd) 0.00 -0.73
Less transferred in (hd) 0.00 -1.31
Inventory change (hd) 0.00 -0.02
Total production 13.64
Other income 0.08
Gross return 13.71
Direct Expenses
Barley (bu.) 0.14 0.21
Corn (bu.) 0.55 0.94
Corn Silage (lb.) 48.71 0.41
Hay, Alfalfa (lb.) 39.99 1.05
Hay, Grass & Other (lb.) 9.48 0.17
Haylage, Alfalfa (lb.) 12.41 0.19
Haylage, Grass & Other (lb.) 16.84 0.13
Pasture (aum) 0.01 0.12
Complete Ration (lb.) 5.25 0.38
Protein Vit Minerals (lb.) 9.12 1.24
Other feed stuffs 11.41 0.31
Veterinary 0.35
Livestock supplies 0.72
Fuel & oil 0.31
Repairs 0.49
Custom hire 0.47
Livestock leases 0.04
Marketing 0.66
Operating interest 0.08
Total direct expenses 8.28
Return over direct expense 5.44
Overhead Expenses
Custom hire 0.12
Hired labor 0.81
Machinery & bldg leases 0.07
Farm insurance 0.13
Utilities 0.35
Interest 0.31
Mach & bldg depreciation 0.48
Miscellaneous 0.23
Total overhead expenses 2.51
Total dir & ovhd expenses 10.78
Net return 2.93
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