TABLE 12 - 9
Livestock Enterprise Analysis, 2004
North Dakota Farm Business Management Education Program
State Report
(Farms Sorted By Net Return Per Unit)
Dairy -- Average Per Cwt Of Milk
Avg. Of
All Farms
Number of farms 16
Quantity Value
Milk sold (lb) 99.36 16.24
Milk used in home (lb) 0.18 0.02
Milk fed to animals (lb) 0.46 0.05
Dairy Calves sold (hd) 0.00 0.01
Transferred out (hd) 0.00 0.70
Cull sales (hd) 0.00 0.91
Butchered (hd) 0.00 0.02
Less purchased (hd) 0.00 -0.16
Less transferred in (hd) 0.00 -1.87
Inventory change (hd) 0.00 -0.09
Total production 15.84
Other income 0.17
Gross return 16.01
Direct Expenses
Barley (bu.) 0.25 0.46
Corn (bu.) 0.33 0.82
Corn Silage (lb.) 47.35 0.44
Hay, Alfalfa (lb.) 28.50 0.95
Hay, Grass & Other (lb.) 7.06 0.16
Haylage, Alfalfa (lb.) 9.65 0.17
Haylage, Grass & Other (lb.) 3.35 0.04
Oatlage (lb.) 13.58 0.18
Pasture (aum) 0.01 0.11
Complete Ration (lb.) 7.19 0.59
Protein Vit Minerals (lb.) 5.68 0.94
Corn Distillers Grn (dry) (lb.) 3.46 0.21
Cottonseed (lb.) 3.46 0.39
Other feed stuffs 4.70 0.08
Breeding fees 0.12
Veterinary 0.45
Supplies 0.54
Fuel & oil 0.40
Repairs 0.75
Custom hire 0.39
Marketing 0.98
Operating interest 0.10
Total direct expenses 9.27
Return over direct expense 6.74
Overhead Expenses
Hired labor 0.77
Farm insurance 0.18
Utilities 0.35
Interest 0.45
Mach & bldg depreciation 0.65
Miscellaneous 0.24
Total overhead expenses 2.62
Total dir & ovhd expenses 11.89
Net return 4.12
Other Information
Avg. number of Cows 77.3
Milk produced per Cow 17,385
Culling percentage 22.9
Turnover rate 31.4
Percent of barn capacity 95.3
Lbs. milk/lb grain & conc. 1.9
Feed cost per cwt of milk 5.54
Feed cost per Cow 963.64
Avg. milk price per cwt. 16.34
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