Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of farms	14

	Quantity	Value
Backgnd Beef sold (lb)	714.99	597.03
Transferred out (lb)	35.19	27.88
Butchered (lb)	3.68	2.35
Less purchased (lb)	-160.06	-152.55
Less transferred in (lb)	-290.29	-272.75
Inventory change (lb)	29.46	58.23
Total production (lb)	332.97	260.19
Other income	-
Gross return	260.19

Direct Expenses
Corn (bu.)	7.37	12.93
Corn Silage (lb.)	3,541.96	28.97
Hay, Alfalfa (lb.)	280.24	5.81
Hay, Grass & Other (lb.)	2,434.20	44.60
Oats (bu.)	4.30	5.54
Pasture (aum)	0.01	1.23
Complete Ration (lb.)	155.60	11.98
Protein Vit Minerals (lb.)	32.77	7.46
Other feed stuffs	108.54	5.33
Veterinary	9.08
Livestock supplies	1.69
Fuel & oil	2.17
Repairs	3.90
Livestock leases	1.60
Hauling and trucking	1.35
Marketing	17.95
Operating interest	2.90
Total direct expenses	164.48
Return over direct expense	95.71

Overhead Expenses
Hired labor	1.19
RE & pers. property taxes	0.98
Farm insurance	2.81
Utilities	3.52
Interest	7.92
Mach & bldg depreciation	4.69
Miscellaneous	3.18
Total overhead expenses	24.29
Total dir & ovhd expenses	188.77
Net return	71.42

Labor & management charge	14.53
Net return over lbr & mgt	56.89

Cost of Production
Total direct expense per cwt.	49.40
Total dir& ovhd expense per cwt.	56.69
With labor and management	61.05
With other revenue adjustments	61.05

Est. labor hours per unit	2.24

Other Information
No. purchased or trans in	95
Number sold or trans out	98
Percentage death loss	2.0
Avg. daily gain (lbs)	1.29
Lbs of conc / lb of gain	2.37
Lbs of feed / lb of gain	14.24
Feed cost per cwt of gain	37.19
Feed cost per head	123.84
Average purchase weight	491
Average sales weight	796
Avg purch price / cwt	95.31
Avg sales price / cwt	83.50