TABLE 12 - 1
Livestock Enterprise Analysis, 2003
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef Cow-Calf -- Average Per Cow
Avg. Of
All Farms Low 20% High 20%
Number of farms 132 26 27
Quantity Value Quantity Value Quantity Value
Beef Calves sold (lb) 168.11 165.93 160.47 153.89 156.83 152.47
Transferred out (lb) 333.46 337.61 296.29 294.07 377.50 387.55
Cull sales 116.75 86.15 118.03
Butchered 1.20 1.31 0.88
Less purchased -66.67 -86.82 -35.55
Less transferred in -53.14 -46.49 -36.45
Inventory change -35.19 -8.54 -65.69
Total production 466.48 393.57 521.24
Other income 1.40 1.99 2.79
Gross return 467.88 395.56 524.03
Direct Expenses
Corn Silage (lb.) 1,362.61 11.64 1,867.47 15.56 779.52 6.94
Hay, Alfalfa (lb.) 378.51 8.35 585.23 13.81 483.62 11.39
Hay, Grass & Other (lb.) 6,284.63 109.54 6,972.88 127.99 5,680.86 90.05
Pasture (aum) 5.83 73.38 5.53 73.65 6.08 61.48
Complete Ration (lb.) 470.73 5.80 77.68 9.71 109.71 4.08
Creep / Starter (lb.) 80.02 4.58 13.79 0.91 77.46 5.76
Protein Vit Minerals (lb.) 68.24 10.63 46.59 7.43 44.85 7.57
Other feed stuffs 468.11 10.19 735.65 11.22 203.26 7.63
Veterinary 14.26 13.87 12.60
Livestock supplies 11.29 6.39 9.81
Fuel & oil 10.42 14.70 9.04
Repairs 19.14 30.88 16.24
Custom hire 2.82 1.47 2.25
Marketing 3.54 2.63 5.69
Operating interest 5.84 7.79 4.11
Total direct expenses 301.42 338.02 254.65
Return over direct expense 166.46 57.54 269.38
Overhead Expenses
Hired labor 7.80 7.06 6.66
Farm insurance 7.23 8.36 7.27
Utilities 7.48 11.91 5.70
Interest 11.90 19.49 9.02
Mach & bldg depreciation 16.10 22.22 15.66
Miscellaneous 9.41 14.06 6.64
Total overhead expenses 59.92 83.10 50.96
Total dir & ovhd expenses 361.34 421.12 305.60
Net return 106.54 -25.56 218.42
Other Information
Number of cows 149.4 114.3 158.5
Pregnancy percentage 96.5 97.0 98.1
Pregnancy loss percentage 3.0 5.1 3.3
Culling percentage 19.0 15.7 18.4
Calving percentage 93.6 92.1 94.8
Weaning percentage 88.5 86.5 90.0
Calves sold per cow 0.93 0.89 0.95
Calf death loss percent 5.3 6.1 4.5
Average weaning weight 536 510 558
Lbs weaned/exposed female 474 441 502
Feed cost per cow 234.12 260.29 194.90
Avg wgt/Beef Calf sold 569 557 591
Avg price / cwt 98.70 95.90 97.22
|