Statewide
Reports for 1999
Livestock Enterprise Analysis, 1999
Minnesota (MnSCU) Statewide Farm Business Mgmt. Database
(Farms sorted by Return to Overhead)
All Beef Finish Yearlings -- Average per Cwt Produced
Average For Average For Average For
All Farms Low 20% High 20%
Number of farms 25 5 5
Quantity Value Quantity Value Quantity Value ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ
Fin Yrlg Str sold (lb) 226.76 148.41 260.73 168.40 244.10 164.94
Transferred out (lb) 1.32 1.09 1.08 0.64 4.44 4.68
Butchered (lb) 0.73 0.49 1.64 1.05 0.34 0.23
Less purchased (lb) -135.33 -109.46 -167.20 -128.84 -125.74 -103.05
Less transferred in (lb) -4.03 -3.55 -3.81 -3.18 -8.32 -7.07
Inventory change (lb) 10.55 22.83 7.57 12.03 -14.82 17.25
Total production (lb) 100.00 59.81 100.00 50.10 100.00 76.99
Other income 0.33 0.00 0.00
Gross return 60.14 50.10 76.99
Direct expenses
Corn (bu.) 11.29 18.71 12.55 21.19 8.60 14.43
Corn Silage (lb.) 497.47 4.00 176.50 1.59 610.72 4.95
Hay, Alfalfa (lb.) 84.58 2.39 90.64 3.22 228.88 6.25
Hay, Grass & Other (lb.) 7.93 0.56 15.11 2.12 0.00 0.00
Haylage, Alfalfa (lb.) 13.74 0.27 0.00 0.00 0.00 0.00
Haylage, Grass & Other (lb.) 12.84 0.07 63.29 0.36 0.00 0.00
Oatlage (lb.) 8.32 0.07 40.71 0.33 0.00 0.00
Oats (bu.) 0.05 0.06 0.05 0.05 0.18 0.22
Pasture (aum) 0.00 0.04 0.00 0.00 0.00 0.00
Stover (lb.) 7.90 0.33 0.00 1.34 18.25 0.27
Complete Ration (lb.) 45.53 1.56 0.00 0.00 88.87 1.58
Protein Vit Minerals (lb.) 45.48 5.96 40.27 6.62 43.62 5.21
Other feed stuffs 0.23 0.00 0.00
Veterinary 1.86 1.51 1.19
Livestock supplies 0.32 0.33 0.30
Fuel & oil 0.70 1.19 0.39
Repairs 1.69 1.88 2.97
Custom hire 0.25 0.10 0.57
Machinery & bldg leases 0.02 0.00 0.15
Hauling and trucking 1.25 4.05 0.00
Marketing 0.74 0.13 1.69
Operating interest 3.44 4.47 3.25
Total direct expenses 44.53 50.47 43.45
Return over direct expense 15.62 -0.37 33.54
Overhead expenses
Custom hire 0.08 0.00 0.54
Hired labor 0.78 0.24 0.78
Machinery & bldg leases 0.42 0.12 0.26
RE & pers. property taxes 0.29 0.37 0.88
Farm insurance 0.51 0.89 0.80
Utilities 0.62 1.11 0.77
Dues & professional fees 0.04 0.07 0.07
Interest 1.69 3.94 0.71
Mach & bldg depreciation 1.90 2.97 1.97
Miscellaneous 0.77 0.56 0.48
Total overhead expenses 7.10 10.27 7.25
Total listed expenses 51.63 60.73 50.70
Net return 8.51 -10.64 26.29
Est. labor hours per unit 0.27 0.47 0.63
Labor & management charge 3.20 3.51 5.56
Net return over lbr & mgt 5.31 -14.15 20.73
Other Information
No. purchased or trans in 261 279 173
Number sold or trans out 236 265 187
Percentage death loss 0.9 0.9 1.1
Avg. daily gain (lbs) 2.05 2.35 1.81
Lbs of conc / lb of gain 7.25 7.45 6.20
Lbs of feed / lb of gain 10.20 9.54 10.66
Feed cost per cwt of gain 34.26 36.81 32.91
Feed cost per head 190.33 181.55 173.63
Average purchase weight 667 783 641
Average sales weight 1203 1247 1100
Avg purch price / cwt 80.88 77.05 81.95
Avg sales price / cwt 65.45 64.59 67.57
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