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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 Yearlings -- Average per Head                                     


                                                      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)                       1259.84     824.54      1285.92     830.54      1287.70     870.11
     Transferred out (lb)                            7.36       6.05         5.33       3.14        23.40      24.71
     Butchered (lb)                                  4.08       2.72         8.08       5.18         1.80       1.22
     Less purchased (lb)                          -751.90    -608.14      -824.66    -635.43      -663.30    -543.60
     Less transferred in (lb)                      -22.40     -19.70       -18.80     -15.68       -43.90     -37.32
     Inventory change (lb)                          58.61     126.85        37.33      59.33       -78.17      91.00
     Total production (lb)                         555.60     332.32       493.21     247.08       527.52     406.12
     Other income                                               1.83                    0.00                    0.00
     Gross return                                             334.16                  247.08                  406.12

     Direct expenses
       Barley (bu.)                                  0.03       0.03         0.00       0.00         0.00       0.00
       Corn (bu.)                                   62.71     103.94        61.88     104.52        45.38      76.11
       Corn Silage (lb.)                          2763.90      22.22       870.52       7.83      3221.66      26.12
       Hay, Alfalfa (lb.)                          469.91      13.28       447.03      15.86      1207.40      32.98
       Hay, Grass & Other (lb.)                     44.08       3.09        74.50      10.46         0.00       0.00
       Haylage, Alfalfa (lb.)                       76.36       1.53         0.00       0.00         0.00       0.00
       Haylage, Grass & Other (lb.)                 71.34       0.41       312.13       1.79         0.00       0.00
       Oatlage (lb.)                                46.25       0.37       200.77       1.61         0.00       0.00
       Oats (bu.)                                    0.30       0.34         0.26       0.23         0.96       1.16
       Pasture (aum)                                 0.00       0.20         0.00       0.00         0.00       0.00
       Stover (lb.)                                 43.92       1.82         0.00       6.59        96.28       1.44
       Complete Ration (lb.)                       252.96       8.66         0.00       0.00       468.82       8.34
       Protein Vit Minerals (lb.)                  252.68      33.13       198.60      32.66       230.10      27.48
       Other feed stuffs                                        1.29                    0.00                    0.00
       Veterinary                                              10.35                    7.46                    6.30
       Livestock supplies                                       1.78                    1.64                    1.61
       Fuel & oil                                               3.90                    5.85                    2.07
       Repairs                                                  9.38                    9.29                   15.65
       Custom hire                                              1.38                    0.51                    3.02
       Machinery & bldg leases                                  0.11                    0.00                    0.81
       Hauling and trucking                                     6.96                   19.96                    0.00
       Marketing                                                4.10                    0.63                    8.93
       Operating interest                                      19.11                   22.03                   17.17
     Total direct expenses                                    247.39                  248.91                  229.18
     Return over direct expense                                86.77                   -1.83                  176.93

     Overhead expenses
       Custom hire                                              0.44                    0.00                    2.87
       Hired labor                                              4.31                    1.20                    4.10
       Machinery & bldg leases                                  2.33                    0.59                    1.35
       RE & pers. property taxes                                1.64                    1.84                    4.65
       Farm insurance                                           2.85                    4.39                    4.20
       Utilities                                                3.45                    5.46                    4.08
       Dues & professional fees                                 0.21                    0.36                    0.35
       Interest                                                 9.39                   19.43                    3.74
       Mach & bldg depreciation                                10.53                   14.63                   10.38
       Miscellaneous                                            4.30                    2.74                    2.53
     Total overhead expenses                                   39.46                   50.63                   38.24
     Total listed expenses                                    286.85                  299.54                  267.43
     Net return                                                47.31                  -52.46                  138.69

     Est. labor hours per unit                                  1.52                    2.33                    3.33
     Labor & management charge                                 17.80                   17.33                   29.35
     Net return over lbr & mgt                                 29.51                  -69.79                  109.34

     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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