TABLE 12 - 5
Livestock Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Beef Replacement Heifers -- Average Per Head
Avg. Of
All Farms Low 20% High 20%
Number of farms 52 10 11
Quantity Value Quantity Value Quantity Value
Beef Replace sold (hd) 0.14 127.00 0.02 14.68 0.24 226.68
Transferred out (hd) 0.93 881.31 1.10 1,017.54 0.70 664.72
Cull sales (hd) 0.00 3.56 - - - -
Less purchased (hd) -0.03 -22.06 -0.02 -12.24 - -
Less transferred in (hd) -1.03 -709.10 -1.78 -1,272.31 -1.24 -837.41
Inventory change (hd) -0.01 97.97 0.66 519.05 0.29 428.35
Total production (hd) 0.00 378.68 0.00 266.73 0.00 482.34
Other income 1.20 - 3.63
Gross return 379.88 266.73 485.97
Direct Expenses
Barley (bu.) 2.28 4.28 0.39 0.73 2.39 4.98
Corn (bu.) 4.88 10.14 13.65 28.13 0.86 2.02
Corn Silage (lb.) 1,752.43 13.76 2,214.74 16.61 661.29 5.10
Hay, Alfalfa (lb.) 511.15 11.95 520.70 10.39 469.82 12.43
Hay, Grass & Other (lb.) 2,344.41 36.86 3,687.02 64.29 1,154.58 18.44
Oats (bu.) 5.05 5.90 17.64 20.12 0.12 0.15
Pasture (aum) 4.87 58.95 4.54 52.83 4.88 56.12
Complete Ration (lb.) 517.19 14.99 196.49 5.66 1,197.58 30.56
Creep / Starter (lb.) 21.19 1.25 111.58 6.58 - -
Protein Vit Minerals (lb.) 40.92 6.01 113.61 14.92 1.41 0.41
Other feed stuffs 283.26 2.76 408.07 3.87 24.19 0.12
Veterinary 7.55 11.23 4.62
Supplies 7.26 9.69 5.26
Fuel & oil 2.49 3.95 1.38
Repairs 4.61 5.46 3.70
Operating interest 1.39 2.82 0.68
Total direct expenses 190.15 257.28 145.97
Return over direct expense 189.73 9.45 340.00
Overhead Expenses
Farm insurance 1.93 4.15 1.44
Utilities 1.74 3.29 1.17
Interest 2.34 5.13 0.93
Mach & bldg depreciation 4.17 7.25 2.38
Miscellaneous 3.59 5.15 1.18
Total overhead expenses 13.76 24.97 7.10
Total dir & ovhd expenses 203.91 282.25 153.07
Net return 175.97 -15.52 332.89
Other Information
No. purchased or trans in 31 51 56
Number sold or trans out 31 32 43
Average number of head 29 29 45
Percentage death loss 0.2 0.3 0.2
Feed cost per average head 166.86 224.13 130.32
Feed cost/head sold+trans 156.09 199.62 138.11
Avg. purchase weight 697 - -
Avg. sales weight 972 - -
Avg. purch price / head 662.10 - -
Avg. sales price / head 929.86 - -
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