TABLE 12 - 7
Livestock Enterprise Analysis, 2002
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 17
Quantity Value
Milk sold (lb) 98.69 11.15
Milk used in home (lb) 0.04 0.00
Milk fed to animals (lb) 1.27 0.10
Dairy Calves sold (hd) 0.00 0.05
Transferred out (hd) 0.00 0.37
Cull sales (hd) 0.00 0.61
Butchered (hd) 0.00 0.01
Less purchased (hd) 0.00 -0.60
Less transferred in (hd) 0.00 -1.44
Inventory change (hd) 0.00 0.02
Total production 10.27
Other income 1.16
Gross return 11.43
Direct Expenses
Barley (bu.) 0.19 0.35
Corn (bu.) 0.37 0.84
Corn Silage (lb.) 73.71 0.78
Hay, Alfalfa (lb.) 34.78 0.99
Hay, Grass & Other (lb.) 21.37 0.39
Pasture (aum) 0.01 0.19
Complete Ration (lb.) 4.80 0.43
Protein Vit Minerals (lb.) 13.43 1.05
Other feed stuffs 15.72 0.13
Breeding fees 0.07
Veterinary 0.20
Livestock supplies 0.43
Fuel & oil 0.25
Repairs 0.55
Custom hire 0.17
Marketing 0.65
Operating interest 0.12
Total direct expenses 7.57
Return over direct expense 3.85
Overhead Expenses
Hired labor 0.76
Machinery & bldg leases 0.10
Farm insurance 0.15
Utilities 0.32
Dues & professional fees 0.03
Interest 0.45
Mach & bldg depreciation 0.40
Miscellaneous 0.11
Total overhead expenses 2.33
Total dir & ovhd expenses 9.91
Net return 1.52
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