Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of farms	18

	Quantity	Value
Fin Yrlg Str sold (lb)	191.93	129.43
Transferred out (lb)	1.42	1.04
Butchered (lb)	0.57	0.38
Less purchased (lb)	-110.30	-97.76
Less transferred in (lb)	-4.41	-3.86
Inventory change (lb)	20.80	13.59
Total production (lb)	100.00	42.81
Other income	0.45
Gross return	43.26

Direct Expenses
Corn (bu.)	8.75	14.16
Corn Silage (lb.)	248.17	2.08
Corn, Ear (lb.)	190.60	4.03
Hay, Alfalfa (lb.)	33.83	0.82
Hay, Grass & Other (lb.)	24.53	0.60
Haylage, Alfalfa (lb.)	40.26	0.60
Oats (bu.)	0.04	0.05
Stover (lb.)	1.53	0.02
Protein Vit Minerals (lb.)	59.04	6.85
Other feed stuffs	0.03	0.25
Veterinary	1.17
Livestock supplies	0.96
Fuel & oil	0.73
Repairs	1.78
Custom hire	0.05
Hauling and trucking	1.11
Marketing	0.97
Operating interest	2.57
Total direct expenses	38.81
Return over direct expense	4.44

Overhead Expenses
Hired labor	2.64
Machinery & bldg leases	0.40
RE & pers. property taxes	0.31
Farm insurance	0.43
Utilities	0.45
Dues & professional fees	0.22
Interest	1.96
Mach & bldg depreciation	1.12
Miscellaneous	0.47
Total overhead expenses	7.99
Total dir & ovhd expenses	46.80
Net return	-3.54

Labor & management charge	2.10
Net return over lbr & mgt	-5.64

Cost of Production
Total direct expense per cwt.	38.81
Total dir& ovhd expense per cwt.	46.80
With labor and management	48.90
With other revenue adjustments	48.45

Est. labor hours per unit	0.23

Other Information
No. purchased or trans in	334
Number sold or trans out	321
Percentage death loss	0.7
Avg. daily gain (lbs)	2.28
Lbs of conc / lb of gain	7.42
Lbs of feed / lb of gain	9.14
Feed cost per cwt of gain	29.47
Feed cost per head	173.67
Average purchase weight	749
Average sales weight	1,315
Avg purch price / cwt	88.63
Avg sales price / cwt	67.43