Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of farms	14

	Quantity	Value
Dairy Hfrs sold (hd)	0.65	520.66
Transferred out (hd)	0.01	11.31
Cull sales (hd)	0.01	4.87
Butchered (hd)	0.00	0.84
Less purchased (hd)	-0.69	-129.45
Less transferred in (hd)	-0.16	-18.05
Inventory change (hd)	0.10	83.63
Total production (hd)	0.00	473.79
Other income	23.39
Gross return	497.18

Direct Expenses
Corn (bu.)	13.35	22.88
Corn Silage (lb.)	6,177.39	51.41
Hay, Alfalfa (lb.)	1,057.56	32.12
Hay, Grass & Other (lb.)	437.00	10.67
Haylage, Alfalfa (lb.)	2,463.49	52.68
Pasture (aum)	0.37	2.88
Complete Ration (lb.)	323.96	31.63
Milk Replacer (lb.)	20.67	14.72
Protein Vit Minerals (lb.)	554.91	64.69
Other feed stuffs	46.00	1.12
Breeding fees	3.75
Veterinary	24.63
Livestock supplies	17.80
Fuel & oil	6.90
Repairs	25.90
Custom hire	0.81
Marketing	0.92
Operating interest	13.70
Total direct expenses	379.20
Return over direct expense	117.98

Overhead Expenses
Hired labor	5.16
Machinery & bldg leases	6.46
RE & pers. property taxes	1.65
Farm insurance	4.29
Utilities	7.47
Dues & professional fees	1.18
Interest	11.99
Mach & bldg depreciation	18.89
Miscellaneous	5.62
Total overhead expenses	62.71
Total dir & ovhd expenses	441.91
Net return	55.27

Labor & management charge	38.31
Net return over lbr & mgt	16.96

Cost of Production
Total direct expense per head	379.20
Total dir& ovhd expense per head	441.91
With labor and management	480.22
With other revenue adjustments	456.83

Est. labor hours per unit	4.81

Other Information
No. purchased or trans in	160
Number sold or trans out	124
Average number of head	188
Percentage death loss	4.6
Feed cost per average head	284.80
Feed cost/head sold+trans	430.24
Avg. purchase weight	28
Avg. sales weight	184
Avg. purch price / head	188.51
Avg. sales price / head	800.80