TABLE 12 - 2
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 Cwt. Produced
Avg. Of
All Farms Low 20% High 20%
Number of farms 132 26 27
Quantity Value Quantity Value Quantity Value
Beef Calves sold (lb) 33.53 33.10 35.03 33.59 29.20 28.39
Transferred out (lb) 66.51 67.34 64.68 64.19 70.30 72.17
Cull sales 23.29 18.81 21.98
Butchered 0.24 0.29 0.16
Less purchased -13.30 -18.95 -6.62
Less transferred in -10.60 -10.15 -6.79
Inventory change -7.02 -1.86 -12.23
Total production 93.04 85.91 97.06
Other income 0.28 0.43 0.52
Gross return 93.32 86.35 97.58
Direct Expenses
Corn Silage (lb.) 271.78 2.32 407.66 3.40 145.16 1.29
Hay, Alfalfa (lb.) 75.50 1.67 127.75 3.02 90.06 2.12
Hay, Grass & Other (lb.) 1,253.51 21.85 1,522.13 27.94 1,057.85 16.77
Pasture (aum) 1.16 14.64 1.21 16.08 1.13 11.45
Complete Ration (lb.) 93.89 1.16 16.96 2.12 20.43 0.76
Creep / Starter (lb.) 15.96 0.91 3.01 0.20 14.42 1.07
Protein Vit Minerals (lb.) 13.61 2.12 10.17 1.62 8.35 1.41
Other feed stuffs 93.37 2.03 160.59 2.45 37.85 1.42
Veterinary 2.84 3.03 2.35
Livestock supplies 2.25 1.39 1.83
Fuel & oil 2.08 3.21 1.68
Repairs 3.82 6.74 3.02
Custom hire 0.56 0.32 0.42
Marketing 0.71 0.57 1.06
Operating interest 1.17 1.70 0.77
Total direct expenses 60.12 73.79 47.42
Return over direct expense 33.20 12.56 50.16
Overhead Expenses
Hired labor 1.55 1.54 1.24
Machinery & bldg leases 0.20 0.50 0.09
Farm insurance 1.44 1.82 1.35
Utilities 1.49 2.60 1.06
Interest 2.37 4.25 1.68
Mach & bldg depreciation 3.21 4.85 2.92
Miscellaneous 1.68 2.56 1.15
Total overhead expenses 11.95 18.14 9.49
Total dir & ovhd expenses 72.07 91.93 56.91
Net return 21.25 -5.58 40.67
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
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