FBM LogoFarm Business Managementwww.mgt.org

HomeInstructorsReportsLinks


Statewide Reports

                                                              State Averages                                                     
                                                     Livestock Enterprise Analysis, 1996                                          
                                      (Farms sorted according to Return to Overhead per unit produced)                            

                                                 All Beef Finish Calves -- Average per Head                                       


                                                           Average For             Average For             Average For
                                                            All Farms                Low 20%                 High 20% 
                                                           -----------             -----------             -----------
          Number of farms                                       110                      22                      22

                                                      Quantity     Value      Quantity     Value      Quantity     Value  
                                                      --------  ---------    ---------  ---------    ---------  ---------
          Fin Str Calf sold (lb)                       1028.01     635.65       656.05     387.03       833.52     539.25
          Transferred out (lb)                           19.14      13.06        40.93      26.18        27.22      24.94
          Cull sales (lb)                                40.13      15.10       374.96     139.94         0.00       0.00
          Butchered (lb)                                  8.89       5.19        11.30       6.19         6.48       3.67
          Less purchased (lb)                          -410.94    -253.43      -289.53     -80.19      -322.96    -195.70
          Less transferred in (lb)                      -94.80     -63.80      -227.74    -162.20      -108.39     -76.84
          Inventory change (lb)                         -61.15     -28.78       -35.31     -60.03        -3.62      15.77
          Total production (lb)                         529.28     322.98       530.65     256.92       432.26     311.09
          Other income                                               0.00                    0.00                    0.00
          Gross return                                             322.98                  256.92                  311.09

          Direct expenses
            Corn (bu.)                                   53.68     169.67        72.82     240.00        46.43     135.79
            Corn Silage (lb.)                          2334.93      20.09      3217.14      32.99      1203.41      11.12
            Corn, Ear (lb.)                             194.70       6.91         0.00       0.00         0.00       0.00
            Hay, Alfalfa (lb.)                          424.61      16.10      1107.59      51.13       319.89      11.42
            Hay, Grass & Other (lb.)                    217.73       6.07       558.50      16.01        50.61       1.32
            Haylage, Alfalfa (lb.)                      157.13       3.54         0.00       0.00       141.21       4.60
            Haylage, Grass & Other (lb.)                 35.04       0.35         0.00       0.00         0.00       0.00
            Oatlage (lb.)                                48.74       0.66       248.12       3.23        18.44       0.13
            Oats (bu.)                                    0.38       0.61         0.24       0.56         0.42       0.79
            Pasture (aum)                                 0.01       0.18         0.02       0.07         0.00       0.09
            Pasture, Intensive (aum)                      0.04       0.38         0.00       0.00         0.00       0.00
            Sorghum Silage (lb.)                         10.73       0.16         0.00       0.00         7.42       0.07
            Stover (lb.)                                 60.72       0.73        89.07       0.92         6.72       0.10
            Complete Ration (lb.)                       207.98       8.96         3.26       0.55        18.25       3.74
            Protein Vit Minerals (lb.)                  320.33      37.57       406.61      56.46       188.47      27.26
            Other feed stuffs                                        0.17                    0.04                    0.00
            Breeding fees                                            0.08                    0.68                    0.00
            Veterinary                                               8.89                    8.84                    4.62
            Livestock supplies                                       4.16                    3.98                    0.70
            Fuel & oil                                               5.28                   10.86                    2.90
            Repairs                                                  8.42                   21.07                    4.68
            Repair, machinery                                        2.98                   15.40                    0.32
            Repair, livestock equip                                  1.19                    3.79                    1.15
            Custom hire                                              1.36                    0.83                    0.20
            Repair, buildings                                        1.22                    0.33                    0.84
            Machinery & bldg leases                                  0.18                    0.31                    0.00
            Hauling and trucking                                     2.31                    0.46                    1.68
            Marketing                                                1.88                    0.76                    2.47
            Operating interest                                      14.28                   19.59                    3.80
          Total direct expenses                                    324.39                  488.85                  219.80
          Return over direct expense                                -1.42                 -231.94                   91.29

          Overhead expenses
            Repair, livestock equip                                  0.67                    0.00                    2.52
            Repair, buildings                                        0.05                    0.00                    0.21
            Hired labor                                              6.05                    7.32                    5.17
            Machinery & bldg leases                                  3.63                    0.42                    0.11
            RE & pers. property taxes                                1.74                    1.79                    1.22
            Farm insurance                                           3.20                    6.28                    2.47
            Utilities                                                5.67                    8.59                    5.25
            Dues & professional fees                                 0.66                    0.17                    0.37
            Interest                                                11.17                   18.45                    8.12
            Mach & bldg depreciation                                11.74                   23.61                   10.25
            Miscellaneous                                            4.33                    6.03                    3.36
          Total overhead expenses                                   48.93                   72.65                   39.05
          Total listed expenses                                    373.33                  561.50                  258.85
          Net return                                               -50.35                 -304.58                   52.24

          Est. labor hours per unit                                  3.00                    6.85                    2.76
          Labor & management charge                                 34.82                   57.62                   32.80
          Net return over lbr & mgt                                -85.17                 -362.20                   19.44

          Other Information
            No. purchased or trans in                                  96                      58                     123
            Number sold or trans out                                   98                      34                     119
            Percentage death loss                                     1.3                     0.9                     1.1
            Avg. daily gain (lbs)                                    1.72                    1.19                    2.09
            Lbs of conc / lb of gain                                 7.09                    8.47                    6.52
            Lbs of feed / lb of gain                                10.07                   13.80                    8.50
            Feed cost per cwt of gain                               51.42                   75.75                   45.44
            Feed cost per head                                     272.16                  401.97                  196.44
            Average purchase weight                                   580                     549                     532
            Average sales weight                                     1145                    1172                    1115
            Avg purch price / cwt                                   61.67                   27.70                   60.60
            Avg sales price / cwt                                   61.83                   58.99                   64.70
                                                                                           
                            

[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]

MnSCUpartnershipNovartis Seeds