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 Yearlings -- Average per Cwt Produced                                 


                                                           Average For             Average For             Average For
                                                            All Farms                Low 20%                 High 20% 
                                                           -----------             -----------             -----------
          Number of farms                                        48                      10                      10

                                                      Quantity     Value      Quantity     Value      Quantity     Value  
                                                      --------  ---------    ---------  ---------    ---------  ---------
          Fin Yrlg Str sold (lb)                        224.78     142.85       193.13     110.39       275.53     197.75
          Transferred out (lb)                            0.58       0.33         0.74       0.46         0.00       0.00
          Butchered (lb)                                  1.06       0.69         1.58       0.88         2.69       1.69
          Less purchased (lb)                          -130.38     -80.06       -60.21     -44.14      -198.40    -110.04
          Less transferred in (lb)                       -4.00      -2.44       -21.73     -13.47        -1.92      -1.15
          Inventory change (lb)                           7.96       7.34       -13.52       0.57        22.11      25.05
          Total production (lb)                         100.00      68.71       100.00      54.70       100.00     113.31
          Other income                                               0.00                    0.00                    0.00
          Gross return                                              68.71                   54.70                  113.31

          Direct expenses
            Barley (bu.)                                  0.11       0.29         0.06       0.15         0.00       0.00
            Corn (bu.)                                    9.15      28.04         8.80      28.66         8.75      30.06
            Corn Silage (lb.)                           538.12       5.81      1343.84      14.92       421.58       3.04
            Corn, Ear (lb.)                              40.83       1.08         0.00       0.00         0.00       0.00
            Hay, Alfalfa (lb.)                           27.68       1.57        70.49       3.15        90.96       2.59
            Hay, Grass & Other (lb.)                     24.00       0.56        88.22       2.07        29.69       0.69
            Haylage, Alfalfa (lb.)                       62.27       1.72         0.00       0.00         0.00       0.00
            Oatlage (lb.)                                 5.80       0.06         0.00       0.00         0.00       0.00
            Oats (bu.)                                    0.02       0.04         0.27       0.54         0.00       0.00
            Pasture (aum)                                 0.01       0.02         0.00       0.00         0.11       0.19
            Complete Ration (lb.)                         9.44       4.24        51.59       7.37         0.00       0.00
            Protein Vit Minerals (lb.)                   53.68       7.51        84.91      12.56        74.58      12.33
            Veterinary                                               1.96                    1.96                    4.33
            Livestock supplies                                       1.63                    1.30                    1.74
            Fuel & oil                                               0.83                    2.02                    1.78
            Repairs                                                  0.39                    0.59                    0.80
            Repair, machinery                                        0.83                    4.35                    1.52
            Repair, livestock equip                                  0.46                    2.34                    0.15
            Custom hire                                              0.15                    0.13                    0.81
            Repair, buildings                                        0.41                    0.28                    1.40
            Hired labor                                              0.05                    0.00                    0.00
            Machinery & bldg leases                                  0.12                    1.37                    0.00
            Utilities                                                0.05                    0.33                    0.00
            Hauling and trucking                                     0.55                    0.38                    0.20
            Marketing                                                0.59                    0.71                    0.84
            Bedding                                                  0.04                    0.00                    0.37
            Operating interest                                       3.14                    2.76                    4.28
          Total direct expenses                                     62.12                   87.94                   67.11
          Return over direct expense                                 6.59                  -33.24                   46.20

          Overhead expenses
            Hired labor                                              1.26                    0.08                    3.56
            Machinery & bldg leases                                  0.49                    0.31                    0.67
            RE & pers. property taxes                                0.43                    1.14                    0.48
            Farm insurance                                           0.45                    1.92                    0.71
            Utilities                                                0.63                    1.85                    1.24
            Dues & professional fees                                 0.11                    0.33                    0.12
            Interest                                                 1.60                    4.51                    2.20
            Mach & bldg depreciation                                 2.16                    6.89                    5.60
            Miscellaneous                                            0.65                    1.86                    2.21
          Total overhead expenses                                    7.77                   18.89                   16.79
          Total listed expenses                                     69.89                  106.83                   83.90
          Net return                                                -1.18                  -52.13                   29.40

          Est. labor hours per unit                                  0.41                    0.67                    0.72
          Labor & management charge                                  3.08                    8.08                    3.72
          Net return over lbr & mgt                                 -4.26                  -60.21                   25.68

          Other Information
            No. purchased or trans in                                 160                      30                     125
            Number sold or trans out                                  146                      34                      84
            Percentage death loss                                     0.9                     1.1                     0.8
            Avg. daily gain (lbs)                                    1.65                    1.51                    1.34
            Lbs of conc / lb of gain                                 6.22                    6.41                    5.65
            Lbs of feed / lb of gain                                 8.87                   12.47                    8.26
            Feed cost per cwt of gain                               50.94                   69.43                   48.90
            Feed cost per head                                     271.67                  534.11                  315.38
            Average purchase weight                                   666                     573                     597
            Average sales weight                                     1218                    1235                    1217
            Avg purch price / cwt                                   61.40                   73.32                   55.46
            Avg sales price / cwt                                   63.55                   57.16                   71.77
                                                                                            
                            

[ HOME | CURRICULUM | INSTRUCTORS | REPORTS | LINKS ]

MnSCUpartnershipNovartis Seeds