Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms		Low 20%		High 20%

Number of farms	148		29		30

	Quantity	Value	Quantity	Value	Quantity	Value
Beef Calves sold (lb)	44.19	43.03	65.52	59.04	42.63	40.33
Transferred out (lb)	39.87	38.29	28.44	36.83	37.45	36.19
Cull sales (lb)	21.69	11.51	36.72	19.55	21.87	11.83
Butchered (lb)	0.73	0.50	0.99	0.41	0.71	0.38
Less purchased (lb)	-13.09	-12.66	-24.26	-23.71	-4.37	-7.35
Less transferred in (lb)	-8.56	-6.78	-5.97	-8.31	-4.78	-3.52
Inventory change (lb)	15.17	13.43	-1.44	1.15	6.51	14.92
Total production (lb)	100.00	87.32	100.00	84.96	100.00	92.77
Other income	0.08		0.04		0.02
Gross return	87.40		85.00		92.80

Direct Expenses
Corn (bu.)	0.55	0.88	2.43	3.92	0.22	0.33
Corn Silage (lb.)	562.53	4.77	867.27	7.47	521.15	4.63
Hay, Alfalfa (lb.)	254.22	6.46	1,370.94	40.51	128.09	2.68
Hay, Grass & Other (lb.)	954.32	17.04	746.12	17.97	782.21	13.47
Oats (bu.)	0.30	0.31	0.58	0.57	0.07	0.07
Pasture (aum)	0.74	5.02	2.64	7.81	0.45	3.85
Barley Silage (lb.)	5.01	0.04	77.65	0.62	-	-
Complete Ration (lb.)	27.46	1.20	2.63	0.17	30.99	2.02
Protein Vit Minerals (lb.)	78.94	2.85	23.98	3.99	200.38	1.50
Other feed stuffs	123.14	1.38	136.13	0.73	157.49	1.40
Breeding fees	0.45		0.54		0.27
Veterinary	3.79		5.04		2.73
Livestock supplies	1.88		2.52		1.24
Fuel & oil	1.84		4.03		1.30
Repairs	4.07		9.79		2.70
Marketing	0.92		1.56		0.99
Operating interest	1.61		3.33		1.84
Total direct expenses	54.51		110.57		41.02
Return over direct expense	32.89		-25.57		51.78

Overhead Expenses
Hired labor	1.45		2.80		0.86
Machinery & bldg leases	0.45		1.57		0.79
RE & pers. property taxes	0.66		1.42		0.76
Farm insurance	1.29		1.96		1.22
Utilities	1.91		3.45		1.73
Dues & professional fees	0.33		1.38		0.24
Interest	5.55		9.82		5.19
Mach & bldg depreciation	3.59		6.27		3.53
Miscellaneous	1.46		2.26		1.01
Total overhead expenses	16.68		30.94		15.33
Total dir & ovhd expenses	71.19		141.51		56.35
Net return	16.21		-56.51		36.45

Labor & management charge	11.35		18.97		9.26
Net return over lbr & mgt	4.86		-75.48		27.19

Cost of Production
Total direct expense per cwt.	54.51		110.57		41.02
Total dir& ovhd expense per cwt.	71.19		141.51		56.35
With labor and management	77.58		134.74		65.01
With other revenue adjustments	66.58		141.61		48.03

Est. labor hours per unit	1.71		2.09		1.43

Other Information
Number of cows	72.3		36.1		82.4
Pregnancy percentage	96.5		92.8		97.6
Pregnancy loss percentage	2.3		3.3		2.1
Culling percentage	11.0		12.6		13.0
Calving percentage	94.3		89.7		95.5
Weaning percentage	89.8		85.9		91.0
Calves sold per cow	0.84		0.74		0.85
Calf death loss percent	4.8		5.1		3.2
Average weaning weight	525		424		550
Lbs weaned/exposed female	472		364		500
Feed cost per cow	210.03		290.28		181.15
Avg wgt/Beef Calf sold	541		518		568
Avg price / cwt	97.37		90.12		94.62