TABLE 12 - 2
Livestock Enterprise Analysis, 2004
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 124 24 25
Quantity Value Quantity Value Quantity Value
Beef Calves sold (lb) 36.67 41.58 25.79 27.90 54.57 62.77
Transferred out (lb) 63.33 71.54 74.05 82.34 45.23 49.64
Cull sales 23.28 35.20 17.53
Butchered 0.19 0.51 0.13
Less purchased -12.15 -17.45 -8.51
Less transferred in -12.01 -20.81 -6.96
Inventory change -4.15 -5.80 -6.99
Total production 108.27 101.90 107.62
Other income 0.19 0.65 -
Gross return 108.47 102.55 107.62
Direct Expenses
Corn Silage (lb.) 308.92 2.50 475.90 4.12 231.61 1.80
Hay, Alfalfa (lb.) 85.32 1.98 173.22 4.58 68.13 1.58
Hay, Grass & Other (lb.) 1,061.50 19.14 1,303.46 24.75 812.04 13.62
Pasture (aum) 1.21 15.45 1.31 17.64 1.09 11.92
Complete Ration (lb.) 33.33 1.02 29.05 1.16 28.55 0.56
Creep / Starter (lb.) 18.84 1.13 6.93 0.37 28.26 1.78
Protein Vit Minerals (lb.) 20.93 2.16 13.90 1.93 13.71 2.02
Other feed stuffs 85.15 2.04 123.78 2.03 72.33 1.80
Veterinary 2.74 3.64 2.37
Supplies 1.83 2.40 1.62
Fuel & oil 2.51 2.93 1.81
Repairs 4.16 6.43 2.55
Custom hire 0.67 0.89 0.38
Livestock leases 0.32 0.98 0.39
Marketing 0.84 0.94 0.98
Operating interest 1.22 1.90 0.79
Total direct expenses 59.72 76.71 45.96
Return over direct expense 48.75 25.83 61.65
Overhead Expenses
Hired labor 1.85 1.17 1.06
Farm insurance 1.67 2.32 1.00
Utilities 1.61 2.47 1.01
Interest 2.31 3.47 1.92
Mach & bldg depreciation 3.37 3.80 3.05
Miscellaneous 2.02 3.35 1.19
Total overhead expenses 12.83 16.58 9.22
Total dir & ovhd expenses 72.54 93.29 55.19
Net return 35.92 9.25 52.43
Other Information
Number of cows 149.1 105.1 167.4
Pregnancy percentage 96.8 97.0 97.4
Pregnancy loss percentage 1.8 3.0 1.1
Culling percentage 17.3 23.8 14.1
Calving percentage 95.0 94.0 96.4
Weaning percentage 90.6 89.0 92.8
Calves sold per cow 0.94 0.91 0.97
Calf death loss percent 5.0 5.5 4.4
Average weaning weight 559 528 591
Lbs weaned/exposed female 507 470 548
Feed cost per cow 240.28 274.71 206.93
Avg wgt/Beef Calf sold 588 536 619
Avg price / cwt 113.41 108.18 115.03
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