Livestock Enterprise Analysis, 1999                     
         North Dakota Farm Business Management Education Program           
                                State Report                                 
               Dairy and Repl Heifers -- Average per Cow                  
                                                    Average For
                                                     All Farms 
      Number of farms                                     19
                                               Quantity     Value  
      Milk sold (lb)                           17177.78    2380.84
      Milk used in home (lb)                      13.36       1.47
      Milk fed to animals (lb)                   141.33      15.22
      Dairy Calves sold (hd)                       0.55     144.21
      Transferred out (hd)                         1.04     428.58
      Cull sales (hd)                              0.24     109.72
      Butchered (hd)                               0.01       3.97
      Less purchased (hd)                         -0.23    -232.14
      Less transferred in (hd)                    -0.96    -403.51
      Inventory change (hd)                        0.17     243.88
      Total production                                     2692.23
      Other income                                            7.73
      Gross return                                         2699.96
      Direct expenses
        Barley (bu.)                              48.36      68.03
        Corn (bu.)                                49.85      88.12
        Corn Silage (lb.)                       8837.79      78.75
        Hay, Alfalfa (lb.)                      6249.13     173.29
        Hay, Grass & Other (lb.)                4295.86      73.21
        Haylage, Alfalfa (lb.)                  3872.35      54.38
        Haylage, Grass & Other (lb.)            2095.91      18.21
        Pasture (aum)                              2.81      32.09
        Complete Ration (lb.)                   1757.53     144.00
        Protein Vit Minerals (lb.)              2574.68     252.20
        Other feed stuffs                                    72.07
        Veterinary                                           76.52
        Livestock supplies                                  122.21
        Fuel & oil                                           50.97
        Repairs                                             140.53
        Custom hire                                          46.57
        Hired labor                                          54.51
        Marketing                                           107.95
        Operating interest                                   19.79
      Total direct expenses                                1673.38
      Return over direct expense                           1026.59
      Overhead expenses
        Hired labor                                         131.06
        Machinery & bldg leases                              41.27
        Farm insurance                                       28.23
        Utilities                                            61.31
        Interest                                             51.48
        Mach & bldg depreciation                             93.37
        Miscellaneous                                        53.78
      Total overhead expenses                               460.50
      Total listed expenses                                2133.87
      Net return                                            566.09
      Other Information
        Avg. number of Cows                                   73.5
        Milk produced per Cow                                17332
        Percent butterfat in milk                              3.7
        Culling percentage                                    23.9
        Percent of barn capacity                              89.3
        Lbs. milk/lb grain & conc.                             1.7
        Feed cost per cwt of milk                             6.08
        Feed cost per Cow                                  1054.33
        Avg. milk price per cwt.                             13.86

                      Livestock Enterprise Analysis, 1999                     
           North Dakota Farm Business Management Education Program           
                                  State Report                                 
              Dairy and Repl Heifers -- Average per Cwt of Milk              
                                                    Average For
                                                     All Farms 
      Number of farms                                     19
                                               Quantity     Value  
      Milk sold (lb)                              99.11      13.74
      Milk fed to animals (lb)                     0.82       0.09
      Dairy Calves sold (hd)                       0.00       0.83
      Transferred out (hd)                         0.01       2.47
      Cull sales (hd)                              0.00       0.63
      Butchered (hd)                               0.00       0.02
      Less purchased (hd)                         -0.00      -1.34
      Less transferred in (hd)                    -0.01      -2.33
      Inventory change (hd)                        0.00       1.41
      Total production                                       15.53
      Other income                                            0.04
      Gross return                                           15.58
      Direct expenses
        Barley (bu.)                               0.28       0.39
        Corn (bu.)                                 0.29       0.51
        Corn Silage (lb.)                         50.99       0.45
        Hay, Alfalfa (lb.)                        36.05       1.00
        Hay, Grass & Other (lb.)                  24.79       0.42
        Haylage, Alfalfa (lb.)                    22.34       0.31
        Haylage, Grass & Other (lb.)              12.09       0.11
        Pasture (aum)                              0.02       0.19
        Complete Ration (lb.)                     10.14       0.83
        Protein Vit Minerals (lb.)                14.85       1.46
        Other feed stuffs                                     0.42
        Breeding fees                                         0.07
        Veterinary                                            0.44
        Livestock supplies                                    0.63
        Fuel & oil                                            0.29
        Repairs                                               0.81
        Custom hire                                           0.27
        Hired labor                                           0.31
        Marketing                                             0.62
        Operating interest                                    0.11
      Total direct expenses                                   9.65
      Return over direct expense                              5.92
      Overhead expenses
        Hired labor                                           0.76
        Machinery & bldg leases                               0.24
        Farm insurance                                        0.16
        Utilities                                             0.35
        Interest                                              0.30
        Mach & bldg depreciation                              0.54
        Miscellaneous                                         0.31
      Total overhead expenses                                 2.66
      Total listed expenses                                  12.31
      Net return                                              3.27
      Other Information
        Avg. number of Cows                                   73.5
        Milk produced per Cow                                17332
        Percent butterfat in milk                              3.7
        Culling percentage                                    23.9
        Percent of barn capacity                              89.3
        Lbs. milk/lb grain & conc.                             1.7
        Feed cost per cwt of milk                             6.08
        Feed cost per Cow                                  1054.33
        Avg. milk price per cwt.                             13.86