Livestock Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
Beef, Background Beef -- Average per Cwt Produced
Average For Average For Average For
All Farms Low 20% High 20%
Number of farms 109 22 22
Quantity Value Quantity Value Quantity Value
Backgnd Beef sold (lb) 303.92 223.00 375.79 264.25 322.97 243.35
Transferred out (lb) 36.90 25.05 69.00 45.34 48.49 33.33
Butchered (lb) 1.65 1.00 2.57 1.67 2.25 1.34
Less purchased (lb) -26.09 -23.17 -1.59 -1.62 -19.75 -17.71
Less transferred in (lb) -260.95 -224.54 -364.66 -318.15 -220.07 -187.17
Inventory change (lb) 44.58 66.95 18.90 63.15 -33.90 19.62
Total production (lb) 100.00 68.28 100.00 54.63 100.00 92.75
Other income 0.00 0.00 0.00
Gross return 68.28 54.63 92.75
Direct expenses
Barley (bu.) 2.23 2.89 2.33 3.07 1.53 2.03
Corn (bu.) 2.64 4.38 5.16 9.36 2.64 4.82
Corn Silage (lb.) 377.27 2.99 447.04 3.20 90.14 0.75
Hay, Alfalfa (lb.) 69.67 1.46 85.54 2.18 3.57 0.07
Hay, Grass & Other (lb.) 534.01 9.11 849.79 14.95 433.73 6.47
Haylage, Grass & Other (lb.) 7.96 0.11 6.28 0.05 41.88 0.61
Oats (bu.) 2.71 2.66 2.46 2.72 1.97 1.93
Pasture (aum) 0.15 1.64 0.34 3.71 0.27 2.77
Peas, Field (lb.) 0.03 0.06 0.00 0.00 0.03 0.06
Speltz (bu.) 0.05 0.04 0.20 0.15 0.00 0.00
Stover (lb.) 9.63 0.09 57.20 0.43 1.53 0.02
Straw (lb.) 33.16 0.18 39.60 0.27 75.33 0.38
Complete Ration (lb.) 111.25 2.62 44.19 2.27 21.70 0.45
Creep / Starter (lb.) 19.82 0.90 17.19 0.81 34.42 0.66
Protein Vit Minerals (lb.) 19.89 2.59 14.66 2.41 17.35 2.36
Other feed stuffs 0.04 0.01 0.16
Veterinary 2.70 4.22 1.90
Livestock supplies 1.04 2.75 1.12
Fuel & oil 0.62 0.43 0.40
Repairs 1.57 1.27 0.89
Custom hire 0.69 1.56 0.25
Hauling and trucking 0.25 0.25 0.18
Marketing 2.46 1.10 0.83
Bedding 0.28 0.52 0.11
Operating interest 0.90 0.49 0.35
Total direct expenses 42.30 58.24 29.55
Return over direct expense 25.99 -3.60 63.19
Overhead expenses
Hired labor 0.58 1.49 0.29
Machinery & bldg leases 0.07 0.08 0.04
RE & pers. property taxes 0.04 0.01 0.01
Farm insurance 0.42 0.29 0.28
Utilities 0.58 0.49 0.43
Dues & professional fees 0.11 0.11 0.16
Interest 1.24 0.70 0.98
Mach & bldg depreciation 1.21 1.14 0.96
Miscellaneous 0.67 0.37 0.41
Total overhead expenses 4.93 4.68 3.55
Total listed expenses 47.22 62.92 33.11
Net return 21.06 -8.28 59.64
Other Information
No. purchased or trans in 116 99 82
Number sold or trans out 103 91 94
Percentage death loss 0.6 0.5 0.3
Avg. daily gain (lbs) 1.42 1.03 1.31
Lbs of conc / lb of gain 4.97 5.64 3.66
Lbs of feed / lb of gain 12.50 17.16 8.89
Feed cost per cwt of gain 31.77 45.66 23.52
Feed cost per head 53.06 66.90 41.20
Average purchase weight 514 405 496
Average sales weight 694 722 687
Avg purch price / cwt 88.81 102.24 89.69
Avg sales price / cwt 73.37 70.32 75.35
Livestock Enterprise Analysis, 1999
North Dakota Farm Business Management Education Program
State Report
(Farms sorted by Return to Overhead)
Beef, Background Beef -- Average per Head
Average For Average For Average For
All Farms Low 20% High 20%
Number of farms 109 22 22
Quantity Value Quantity Value Quantity Value
Backgnd Beef sold (lb) 507.56 372.41 550.58 387.16 565.69 426.22
Transferred out (lb) 61.62 41.83 101.09 66.44 84.93 58.38
Butchered (lb) 2.75 1.67 3.76 2.45 3.95 2.34
Less purchased (lb) -43.57 -38.69 -2.33 -2.38 -34.59 -31.02
Less transferred in (lb) -435.80 -374.99 -534.28 -466.14 -385.45 -327.83
Inventory change (lb) 74.45 111.81 27.69 92.52 -59.38 34.36
Total production (lb) 167.00 114.04 146.51 80.05 175.15 162.45
Other income 0.00 0.00 0.00
Gross return 114.04 80.05 162.45
Direct expenses
Barley (bu.) 3.72 4.83 3.41 4.51 2.67 3.56
Corn (bu.) 4.41 7.32 7.56 13.71 4.62 8.44
Corn Silage (lb.) 630.06 4.99 654.97 4.69 157.87 1.31
Hay, Alfalfa (lb.) 116.35 2.44 125.33 3.19 6.26 0.13
Hay, Grass & Other (lb.) 891.82 15.21 1245.06 21.91 759.68 11.33
Haylage, Alfalfa (lb.) 1.65 0.01 10.17 0.08 0.00 0.00
Haylage, Grass & Other (lb.) 13.30 0.18 9.20 0.07 73.35 1.06
Oats (bu.) 4.52 4.44 3.61 3.98 3.45 3.38
Pasture (aum) 0.26 2.74 0.49 5.44 0.48 4.86
Peas, Field (lb.) 0.04 0.10 0.00 0.00 0.06 0.10
Speltz (bu.) 0.08 0.06 0.29 0.22 0.00 0.00
Stover (lb.) 16.08 0.15 83.81 0.63 2.68 0.03
Straw (lb.) 55.38 0.30 58.02 0.40 131.93 0.66
Complete Ration (lb.) 185.79 4.38 64.75 3.33 38.02 0.79
Creep / Starter (lb.) 33.10 1.50 25.18 1.19 60.29 1.15
Protein Vit Minerals (lb.) 33.22 4.32 21.48 3.53 30.39 4.13
Other feed stuffs 0.08 0.02 0.27
Veterinary 4.51 6.18 3.33
Livestock supplies 1.73 4.03 1.96
Fuel & oil 1.03 0.62 0.69
Repairs 2.62 1.86 1.56
Custom hire 1.16 2.28 0.43
Hired labor 0.01 0.00 0.00
Hauling and trucking 0.42 0.36 0.31
Marketing 4.12 1.62 1.46
Bedding 0.47 0.76 0.20
Operating interest 1.50 0.72 0.62
Total direct expenses 70.64 85.32 51.76
Return over direct expense 43.40 -5.27 110.68
Overhead expenses
Hired labor 0.97 2.18 0.51
Machinery & bldg leases 0.13 0.11 0.07
RE & pers. property taxes 0.07 0.02 0.02
Farm insurance 0.70 0.43 0.49
Utilities 0.97 0.72 0.75
Dues & professional fees 0.18 0.16 0.28
Interest 2.07 1.03 1.72
Mach & bldg depreciation 2.02 1.66 1.67
Miscellaneous 1.13 0.54 0.72
Total overhead expenses 8.23 6.86 6.22
Total listed expenses 78.87 92.18 57.98
Net return 35.17 -12.13 104.46
Other Information
No. purchased or trans in 116 99 82
Number sold or trans out 103 91 94
Percentage death loss 0.6 0.5 0.3
Avg. daily gain (lbs) 1.42 1.03 1.31
Lbs of conc / lb of gain 4.97 5.64 3.66
Lbs of feed / lb of gain 12.50 17.16 8.89
Feed cost per cwt of gain 31.77 45.66 23.52
Feed cost per head 53.06 66.90 41.20
Average purchase weight 514 405 496
Average sales weight 694 722 687
Avg purch price / cwt 88.81 102.24 89.69
Avg sales price / cwt 73.37 70.32 75.35