TABLE 12 - 8
Livestock Enterprise Analysis, 2003
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 19
Quantity Value
Milk sold (lb) 17,863.45 2,280.92
Milk used in home (lb) 32.31 2.50
Milk fed to animals (lb) 87.86 9.07
Dairy Calves sold (hd) 0.09 12.94
Transferred out (hd) 0.51 88.63
Cull sales (hd) 0.26 145.91
Butchered (hd) 0.00 2.04
Less purchased (hd) -0.03 -39.43
Less transferred in (hd) -0.30 -327.80
Inventory change (hd) 0.01 8.78
Total production 2,183.56
Other income 180.85
Gross return 2,364.41
Direct Expenses
Barley (bu.) 30.59 60.87
Corn (bu.) 64.84 153.55
Corn Silage (lb.) 11,126.61 90.10
Hay, Alfalfa (lb.) 6,427.78 200.72
Hay, Grass & Other (lb.) 1,055.80 21.96
Haylage, Alfalfa (lb.) 1,406.65 24.62
Oatlage (lb.) 997.96 13.97
Screenings, Heavy (lb.) 366.60 21.08
Screenings, Light (lb.) 217.95 24.66
Complete Ration (lb.) 1,695.27 111.69
Protein Vit Minerals (lb.) 1,410.98 198.25
Other feed stuffs 989.23 24.76
Breeding fees 15.51
Veterinary 72.48
Livestock supplies 100.44
Fuel & oil 52.62
Repairs 122.39
Custom hire 17.56
Marketing 137.15
Operating interest 23.49
Total direct expenses 1,487.89
Return over direct expense 876.53
Overhead Expenses
Hired labor 118.99
Machinery & bldg leases 5.88
Farm insurance 26.73
Utilities 56.66
Interest 86.54
Mach & bldg depreciation 90.60
Miscellaneous 26.52
Total overhead expenses 411.93
Total dir & ovhd expenses 1,899.82
Net return 464.60
Other Information
Avg. number of Cows 77.5
Milk produced per Cow 17,984
Culling percentage 25.8
Turnover rate 32.5
Percent of barn capacity 97.9
Lbs. milk/lb grain & conc. 2.0
Feed cost per cwt of milk 5.26
Feed cost per Cow 946.23
Avg. milk price per cwt. 12.77
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