TABLE 12 - 6
Livestock Enterprise Analysis, 2002
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 17
Quantity Value
Milk sold (lb) 16,368.22 1,849.42
Milk used in home (lb) 6.48 0.72
Milk fed to animals (lb) 210.15 17.40
Dairy Calves sold (hd) 0.05 7.72
Transferred out (hd) 0.53 60.83
Cull sales (hd) 0.22 100.62
Butchered (hd) 0.00 1.45
Less purchased (hd) -0.07 -99.73
Less transferred in (hd) -0.25 -238.40
Inventory change (hd) 0.00 2.59
Total production 1,702.62
Other income 192.45
Gross return 1,895.07
Direct Expenses
Barley (bu.) 31.23 57.89
Corn (bu.) 61.55 139.77
Corn Silage (lb.) 12,224.07 128.94
Hay, Alfalfa (lb.) 5,767.82 163.39
Hay, Grass & Other (lb.) 3,544.97 65.50
Pasture (aum) 2.22 30.75
Complete Ration (lb.) 796.74 71.62
Protein Vit Minerals (lb.) 2,227.21 173.53
Other feed stuffs 2,607.91 21.23
Breeding fees 10.86
Veterinary 32.90
Livestock supplies 71.18
Fuel & oil 41.48
Repairs 91.73
Custom hire 28.12
Marketing 108.04
Operating interest 19.34
Total direct expenses 1,256.27
Return over direct expense 638.80
Overhead Expenses
Hired labor 126.16
Machinery & bldg leases 16.89
Farm insurance 24.85
Utilities 53.72
Dues & professional fees 5.27
Interest 75.37
Mach & bldg depreciation 66.67
Miscellaneous 18.28
Total overhead expenses 387.22
Total dir & ovhd expenses 1,643.49
Net return 251.59
Other Information
Avg. number of Cows 61.4
Milk produced per Cow 16,585
Culling percentage 22.3
Turnover rate 31.5
Percent of barn capacity 93.0
Lbs. milk/lb grain & conc. 2.1
Feed cost per cwt of milk 5.14
Feed cost per Cow 852.63
Avg. milk price per cwt. 11.30