TABLE 12 - 7
Livestock Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef, Background Beef -- Average Per Head
Avg. Of
All Farms Low 20% High 20%
Number of farms 81 16 17
Quantity Value Quantity Value Quantity Value
Backgnd Beef sold (lb) 523.65 500.67 607.52 557.42 576.04 553.27
Transferred out (lb) 165.59 161.03 151.91 133.20 213.03 211.07
Cull sales (lb) 2.95 2.95 - - - -
Butchered (lb) 2.10 1.67 5.76 4.57 0.76 0.60
Less purchased (lb) -14.89 -17.09 -39.15 -42.97 -30.36 -36.47
Less transferred in (lb) -419.76 -472.74 -461.92 -522.73 -414.20 -457.48
Inventory change (lb) -87.68 -55.90 -117.48 -87.51 -76.56 -45.11
Total production (lb) 171.95 120.59 146.65 41.98 268.70 225.88
Other income 1.69 4.48 -
Gross return 122.27 46.46 225.88
Direct Expenses
Barley (bu.) 1.75 2.84 1.02 1.39 4.05 6.73
Corn (bu.) 5.19 10.80 3.99 8.38 6.32 13.90
Corn Silage (lb.) 526.52 4.18 790.78 5.92 430.69 3.48
Hay, Alfalfa (lb.) 118.42 3.33 96.77 2.20 18.05 0.68
Hay, Grass & Other (lb.) 825.16 15.03 827.07 14.94 995.46 19.57
Oats (bu.) 1.22 1.40 1.93 2.08 1.94 2.16
Pasture (aum) 0.09 1.32 0.17 2.51 0.08 1.13
Straw (lb.) 161.59 1.01 62.40 0.63 456.02 2.31
Complete Ration (lb.) 185.28 7.79 208.00 9.40 276.86 9.50
Creep / Starter (lb.) 43.25 2.66 42.80 2.50 5.05 0.37
Protein Vit Minerals (lb.) 50.15 5.47 13.79 2.06 50.89 5.97
Other feed stuffs 9.35 0.60 1.48 2.04 0.42 0.52
Veterinary 4.33 4.48 4.00
Supplies 2.15 1.47 3.76
Fuel & oil 1.18 1.04 2.28
Repairs 2.21 3.20 3.81
Custom hire 0.68 0.15 0.26
Livestock leases 0.95 1.29 -
Marketing 4.08 4.67 2.06
Operating interest 1.21 1.32 3.02
Total direct expenses 73.20 71.69 85.50
Return over direct expense 49.07 -25.23 140.38
Overhead Expenses
Hired labor 0.81 1.93 0.87
Farm insurance 0.68 1.06 0.72
Utilities 0.92 1.12 1.63
Interest 0.88 1.08 1.01
Mach & bldg depreciation 1.41 2.05 1.22
Miscellaneous 0.93 1.44 0.67
Total overhead expenses 5.63 8.68 6.11
Total dir & ovhd expenses 78.83 80.37 91.61
Net return 43.44 -33.91 134.27
Other Information
No. purchased or trans in 119 98 132
Number sold or trans out 143 117 166
Percentage death loss 0.4 0.9 0.4
Avg. daily gain (lbs) 1.72 1.31 2.10
Lbs of conc / lb of gain 4.09 4.22 3.60
Lbs of feed / lb of gain 11.05 12.50 8.73
Feed cost per cwt of gain 32.80 36.86 24.68
Feed cost per head 56.41 54.06 66.31
Average sales weight 704 729 737
Avg sales price / cwt 95.61 91.75 96.05
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