TABLE 12 - 5
Livestock Enterprise Analysis, 2002
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef, Background Beef -- Average Per Head
Avg. Of
All Farms Low 20% High 20%
Number of farms 89 18 18
Quantity Value Quantity Value Quantity Value
Backgnd Beef sold (lb) 557.97 438.60 647.65 486.86 678.45 549.53
Transferred out (lb) 108.47 83.83 127.09 94.32 87.12 73.30
Cull sales (lb) 1.82 1.44 - - - -
Butchered (lb) 2.62 1.90 3.59 2.38 5.65 4.93
Less purchased (lb) -88.24 -79.98 -129.77 -116.84 -99.16 -85.88
Less transferred in (lb) -394.03 -338.26 -276.72 -248.63 -554.28 -452.41
Inventory change (lb) 1.40 -4.13 -171.39 -155.66 108.05 89.07
Total production (lb) 190.03 103.41 200.46 62.42 225.83 178.56
Other income 1.63 4.09 0.34
Gross return 105.04 66.52 178.89
Direct Expenses
Barley (bu.) 2.00 3.58 2.67 5.21 0.85 1.65
Corn (bu.) 4.64 9.14 1.72 3.14 4.47 9.52
Corn Silage (lb.) 1,187.94 10.45 3,197.96 29.09 316.99 2.04
Hay, Alfalfa (lb.) 126.47 2.51 179.51 3.26 36.45 0.75
Hay, Grass & Other (lb.) 859.18 15.72 777.70 15.10 1,184.02 20.78
Oats (bu.) 2.26 3.48 2.72 4.30 1.66 2.19
Pasture (aum) 0.32 4.30 0.48 6.33 0.75 10.18
Triticale (bu.) 0.28 0.57 - - 0.90 3.13
Complete Ration (lb.) 245.49 10.65 316.14 17.41 215.88 9.15
Creep / Starter (lb.) 29.91 1.79 6.08 0.46 81.74 4.50
Protein Vit Minerals (lb.) 28.49 4.18 13.75 2.69 16.99 2.17
Other feed stuffs 148.50 1.05 290.71 1.19 104.52 0.77
Veterinary 4.81 5.16 3.35
Livestock supplies 1.47 0.55 1.50
Fuel & oil 0.81 1.24 0.66
Repairs 1.83 2.94 1.85
Custom hire 1.01 0.48 2.26
Machinery & bldg leases 0.25 - 1.53
Livestock leases 0.61 2.22 -
Hauling and trucking 0.56 0.14 1.08
Marketing 3.77 2.40 1.54
Operating interest 1.30 1.60 0.48
Total direct expenses 83.84 104.92 81.07
Return over direct expense 21.20 -38.40 97.82
Overhead Expenses
Hired labor 1.10 1.93 0.72
Farm insurance 0.69 0.85 0.46
Utilities 0.76 1.14 0.64
Interest 0.79 1.13 0.47
Mach & bldg depreciation 1.43 2.36 0.97
Miscellaneous 1.00 1.29 1.07
Total overhead expenses 5.76 8.70 4.33
Total dir & ovhd expenses 89.60 113.62 85.40
Net return 15.44 -47.10 93.49
Other Information
No. purchased or trans in 134 148 143
Number sold or trans out 133 196 126
Percentage death loss 0.4 0.4 0.1
Avg. daily gain (lbs) 1.66 1.61 1.52
Lbs of conc / lb of gain 4.32 4.46 3.18
Lbs of feed / lb of gain 11.78 14.70 9.29
Feed cost per cwt of gain 35.48 43.99 29.59
Feed cost per head 67.42 88.17 66.82
Average purchase weight 540 593 578
Average sales weight 739 796 736
Avg purch price / cwt 90.64 90.04 86.61
Avg sales price / cwt 78.61 75.17 81.00