Statewide Reports for 1999

                           Livestock Enterprise Analysis, 1999                     
                Minnesota (MnSCU) Statewide Farm Business Mgmt. Database           

                          Hogs, Contractor -- Average per Head                     


                                                           Average For
                                                            All Farms 
                                                           
     Number of farms                                              5

                                                      Quantity     Value  
                                                      
     ContractorHg sold (lb)                              76.22      31.13
     Transferred out (lb)                                36.33      30.72
     Less purchased (lb)                                -15.42     -28.08
     Less transferred in (lb)                           -16.46     -10.06
     Inventory change (lb)                               10.54       6.18
     Total production (lb)                               91.21      29.90
     Other income                                                    0.00
     Gross return                                                   29.90

     Direct expenses
       Corn (bu.)                                         0.11       0.21
       Complete Ration (lb.)                            225.44      13.99
       Milk (lb.)                                         0.01       0.02
       Protein Vit Minerals (lb.)                         1.65       0.12
       Veterinary                                                    0.79
       Livestock supplies                                            0.02
       Repairs                                                       0.03
       Custom hire                                                   2.87
       Machinery & bldg leases                                       2.03
       Hauling and trucking                                          0.09
       Marketing                                                     1.30
       Operating interest                                            0.11
     Total direct expenses                                          21.60
     Return over direct expense                                      8.30

     Overhead expenses
       Machinery & bldg leases                                       3.65
       Farm insurance                                                0.04
       Interest                                                      0.04
       Mach & bldg depreciation                                      0.03
     Total overhead expenses                                         3.78
     Total listed expenses                                          25.37
     Net return                                                      4.52

     Est. labor hours per unit                                       0.01
     Labor & management charge                                       0.05
     Net return over lbr & mgt                                       4.47

     Other Information
       No. purchased or trans in                                     2674
       Number sold or trans out                                      2444
       Percentage death loss                                          2.6
       Avg. daily gain (lbs)                                         1.21
       Lbs of conc / lb of gain                                      2.56
       Lbs of feed / lb of gain                                      2.56
       Feed cost per cwt of gain                                    15.73
       Feed cost per head                                           14.34
       Average purchase weight                                         24
       Average sales weight                                           254
       Avg purch price / head                                       42.91
       Avg sales price / cwt                                        40.85

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