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Statewide Reports for 1999

 

 

                                                Livestock Enterprise Analysis, 1999                                          
                                     Minnesota (MnSCU) Statewide Farm Business Mgmt. Database                                
                                               (Farms sorted by Return to Overhead)                                          

                                            All Beef Finish Calves -- Average per Head                                       


                                                      Average For             Average For             Average For
                                                       All Farms                Low 20%                 High 20%  
                                                      
     Number of farms                                        96                      19                      19

                                                 Quantity     Value      Quantity     Value      Quantity     Value                                                   ÄÄÄÄÄÄÄÄÄ  ÄÄÄÄÄÄÄÄÄ    ÄÄÄÄÄÄÄÄÄ  ÄÄÄÄÄÄÄÄÄ    ÄÄÄÄÄÄÄÄÄ  ÄÄÄÄÄÄÄÄÄ
     Fin Str Calf sold (lb)                       1171.78     752.65      1402.90     891.87      1228.69     815.88
     Transferred out (lb)                           12.13       8.58        12.77       8.66        25.72      18.56
     Cull sales (lb)                                 0.20       0.22         0.00       0.00         0.00       0.00
     Butchered (lb)                                  7.96       5.01        10.50       6.40        10.87       6.82
     Less purchased (lb)                          -516.47    -411.74      -610.79    -543.98      -612.08    -455.41
     Less transferred in (lb)                      -62.09     -53.74       -71.62     -59.61       -92.26     -79.47
     Inventory change (lb)                         -15.39      26.97       -39.62     -15.00        24.68     129.20
     Total production (lb)                         598.12     327.94       704.14     288.34       585.60     435.57
     Other income                                               0.00                    0.00                    0.00
     Gross return                                             327.94                  288.34                  435.57

     Direct expenses
       Corn (bu.)                                   66.73     113.28        91.31     155.86        71.93     116.38
       Corn Silage (lb.)                          2088.23      16.97      4598.08      37.17      1346.10      11.49
       Corn, Ear (lb.)                             213.83       2.40         3.87       0.06       207.19       0.05
       Hay, Alfalfa (lb.)                          372.17      10.97       964.72      25.55       248.60       6.31
       Hay, Grass & Other (lb.)                    186.43       3.41       212.51       4.62       371.75       4.16
       Haylage, Alfalfa (lb.)                      249.67       3.85       236.05       5.31       145.03       2.16
       Haylage, Grass & Other (lb.)                156.27       1.80       290.23       2.18         0.00       0.00
       Oatlage (lb.)                                57.91       0.44         0.00       0.00         0.00       0.00
       Oats (bu.)                                    0.37       0.39         0.54       0.54         0.00       0.00
       Pasture (aum)                                 0.01       0.26         0.00       0.00         0.00       0.00
       Stover (lb.)                                  7.36       0.10        24.67       0.30         0.00       0.00
       Complete Ration (lb.)                        43.11       4.34         0.00       0.00         5.02       0.50
       Creep / Starter (lb.)                         4.52       0.36         0.00       0.00         0.00       0.00
       Milk Replacer (lb.)                           0.05       0.04         0.00       0.00         0.00       0.00
       Protein Vit Minerals (lb.)                  320.18      31.95       328.61      40.29       249.57      25.15
       Other feed stuffs                                        0.02                    0.00                    0.12
       Veterinary                                              10.09                   15.71                   11.18
       Livestock supplies                                       2.99                    2.37                    6.13
       Fuel & oil                                               4.41                    6.34                    6.48
       Repairs                                                 13.60                   25.35                   15.12
       Custom hire                                              1.89                    0.05                    7.43
       Hired labor                                              0.02                    0.09                    0.00
       Machinery & bldg leases                                  0.45                    0.00                    0.00
       Utilities                                                0.44                    1.61                    0.00
       Hauling and trucking                                     6.69                   16.27                    3.34
       Marketing                                                5.93                    0.73                    7.01
       Bedding                                                  0.24                    0.00                    0.00
       Operating interest                                      17.40                   19.06                   18.52
     Total direct expenses                                    254.74                  359.46                  241.53
     Return over direct expense                                73.20                  -71.12                  194.04

     Overhead expenses
       Hired labor                                              4.75                    6.53                    9.23
       Machinery & bldg leases                                  1.25                    1.14                    1.83
       RE & pers. property taxes                                1.60                    1.46                    3.28
       Farm insurance                                           3.43                    4.37                    3.40
       Utilities                                                3.55                    4.99                    6.00
       Dues & professional fees                                 0.40                    0.22                    1.14
       Interest                                                 8.34                   15.48                    6.64
       Mach & bldg depreciation                                18.23                   54.39                   14.29
       Miscellaneous                                            4.48                    5.29                    4.92
     Total overhead expenses                                   46.04                   93.88                   50.72
     Total listed expenses                                    300.78                  453.34                  292.25
     Net return                                                27.16                 -165.00                  143.32

     Est. labor hours per unit                                  2.42                    2.46                    5.41
     Labor & management charge                                 25.14                   28.92                   22.76
     Net return over lbr & mgt                                  2.02                 -193.92                  120.57

     Other Information
       No. purchased or trans in                                 145                     119                     107
       Number sold or trans out                                  152                     118                     104
       Percentage death loss                                     0.7                     0.7                     0.8
       Avg. daily gain (lbs)                                    2.27                    1.91                    2.12
       Lbs of conc / lb of gain                                 7.20                    7.76                    7.34
       Lbs of feed / lb of gain                                 9.66                   12.01                    9.29
       Feed cost per cwt of gain                               31.86                   38.61                   28.40
       Feed cost per head                                     190.58                  271.88                  166.31
       Average purchase weight                                   660                     636                     694
       Average sales weight                                     1260                    1314                    1243
       Avg purch price / cwt                                   79.72                   89.06                   74.40
       Avg sales price / cwt                                   64.23                   63.57                   66.40


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