Statewide
Reports for 1999
Livestock Enterprise Analysis, 1999
Minnesota (MnSCU) Statewide Farm Business Mgmt. Database
(Farms sorted by Return to Overhead)
All Beef Backgrounding -- Average per Cwt Produced
Average For Average For Average For
All Farms Low 20% High 20%
Number of farms 28 6 6
Quantity Value Quantity Value Quantity Value ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ ÄÄÄÄÄÄÄÄÄ
Backgnd Strs sold (lb) 231.65 161.47 227.78 143.12 281.56 202.02
Transferred out (lb) 31.17 21.75 37.43 25.40 22.74 13.22
Cull sales (lb) 0.09 0.04 0.00 0.00 0.00 0.00
Butchered (lb) 1.43 0.97 1.22 0.69 1.80 1.17
Less purchased (lb) -66.09 -52.84 -64.73 -37.83 -6.67 -3.33
Less transferred in (lb) -75.29 -65.60 -58.32 -56.26 -158.90 -129.48
Inventory change (lb) -22.97 2.71 -43.39 -38.02 -40.52 17.03
Total production (lb) 100.00 68.50 100.00 37.10 100.00 100.63
Other income 0.00 0.00 0.00
Gross return 68.50 37.10 100.63
Direct expenses
Barley (bu.) 0.13 0.13 0.00 0.00 0.00 0.00
Corn (bu.) 3.66 6.11 7.12 12.61 0.39 0.68
Corn Silage (lb.) 703.34 6.03 1055.65 9.50 18.19 0.16
Corn, Ear (lb.) 233.62 1.01 0.00 0.00 0.00 0.00
Hay, Alfalfa (lb.) 118.48 3.46 271.18 7.80 122.78 2.86
Hay, Grass & Other (lb.) 348.56 6.26 229.94 3.45 390.18 6.73
Haylage, Alfalfa (lb.) 55.78 1.12 0.00 0.00 0.00 0.00
Oats (bu.) 0.69 0.72 0.37 0.26 0.21 0.26
Pasture (aum) 0.11 1.05 0.00 1.11 0.00 1.71
Sorghum Silage (lb.) 1.30 0.01 0.00 0.00 0.00 0.00
Stover (lb.) 10.55 0.13 0.00 0.00 0.00 0.00
Wheat, Spring (bu.) 0.01 0.02 0.00 0.00 0.00 0.00
Complete Ration (lb.) 76.48 4.59 30.55 1.01 25.24 0.89
Protein Vit Minerals (lb.) 17.26 2.73 16.83 2.78 23.76 3.75
Other feed stuffs 0.95 0.00 0.00
Veterinary 2.44 1.66 1.91
Livestock supplies 0.80 0.80 2.28
Fuel & oil 0.62 0.52 0.45
Repairs 2.05 2.92 4.76
Custom hire 0.56 0.00 0.48
Utilities 0.11 0.00 0.00
Hauling and trucking 0.27 0.02 0.45
Marketing 1.79 3.96 1.19
Bedding 0.24 1.32 0.00
Operating interest 1.19 0.37 0.48
Total direct expenses 44.37 50.08 29.05
Return over direct expense 24.13 -12.98 71.58
Overhead expenses
Custom hire 0.01 0.01 0.02
Hired labor 0.40 0.14 0.00
Machinery & bldg leases 0.25 0.51 0.00
RE & pers. property taxes 0.64 0.41 0.67
Farm insurance 0.61 0.38 1.33
Utilities 0.81 0.52 3.17
Dues & professional fees 0.06 0.16 0.09
Interest 2.63 2.01 6.31
Mach & bldg depreciation 1.70 1.25 2.09
Miscellaneous 0.43 0.07 0.39
Total overhead expenses 7.53 5.46 14.07
Total listed expenses 51.90 55.54 43.12
Net return 16.60 -18.44 57.51
Est. labor hours per unit 0.99 1.47 2.12
Labor & management charge 6.44 10.13 7.54
Net return over lbr & mgt 10.16 -28.57 49.98
Other Information
No. purchased or trans in 102 77 56
Number sold or trans out 115 96 60
Percentage death loss 1.9 2.4 4.0
Avg. daily gain (lbs) 1.36 1.81 0.98
Lbs of conc / lb of gain 4.02 4.58 0.78
Lbs of feed / lb of gain 11.39 13.11 5.97
Feed cost per cwt of gain 34.31 38.53 17.03
Feed cost per head 108.91 142.07 39.35
Average purchase weight 497 560 163
Average sales weight 800 839 737
Avg purch price / cwt 79.95 58.45 49.92
Avg sales price / cwt 69.70 62.83 71.75
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