Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms		Low 20%		High 20%

Number of farms	57		11		11

	Quantity	Value	Quantity	Value	Quantity	Value
Raised Hogs sold (lb)	91.26	40.47	81.70	34.83	93.85	42.75
Transferred out (lb)	0.29	0.12	0.06	0.02	0.09	0.03
Cull sales (lb)	4.85	1.62	4.32	1.37	4.29	1.37
Butchered (lb)	0.14	0.06	0.13	0.06	0.02	0.01
Less purchased (lb)	-2.26	-2.03	-5.20	-3.46	-1.77	-1.44
Less transferred in (lb)	-0.14	-0.11	-0.06	-0.02	-0.09	-0.03
Inventory change (lb)	5.87	2.16	19.06	2.60	3.61	2.22
Total production (lb)	100.00	42.29	100.00	35.40	100.00	44.91
Other income	0.01		-		-
Gross return	42.29		35.40		44.91

Direct Expenses
Corn (bu.)	3.02	5.25	0.98	1.70	3.11	5.73
Complete Ration (lb.)	78.82	4.95	235.41	13.73	76.78	5.04
Protein Vit Minerals (lb.)	77.62	8.84	16.45	2.06	61.58	7.98
Other feed stuffs	0.19	0.08	0.03	0.05	0.15	0.05
Breeding fees	0.52		0.50		0.67
Veterinary	1.21		1.10		1.16
Livestock supplies	0.37		0.34		0.30
Fuel & oil	0.54		0.22		0.42
Repairs	1.26		0.58		1.19
Custom hire	0.74		1.88		0.37
Hired labor	0.58		1.35		0.01
Machinery & bldg leases	1.32		6.15		-
Livestock leases	0.24		0.10		0.01
Utilities	0.23		0.70		0.02
Marketing	0.21		0.61		0.08
Operating interest	0.62		0.85		0.59
Total direct expenses	26.96		31.92		23.60
Return over direct expense	15.33		3.48		21.31

Overhead Expenses
Hired labor	2.03		0.07		3.82
Machinery & bldg leases	2.64		-		5.43
RE & pers. property taxes	0.14		0.19		0.08
Farm insurance	0.40		0.46		0.28
Utilities	0.54		0.14		0.52
Dues & professional fees	0.13		0.12		0.21
Interest	1.32		2.54		0.75
Mach & bldg depreciation	1.71		0.56		1.98
Miscellaneous	0.26		0.22		0.29
Total overhead expenses	9.18		4.30		13.35
Total dir & ovhd expenses	36.14		36.22		36.96
Net return	6.15		-0.82		7.96

Labor & management charge	1.96		1.81		1.42
Net return over lbr & mgt	4.19		-2.64		6.54

Cost of Production
Total direct expense per cwt.	26.96		31.92		23.60
Total dir& ovhd expense per cwt.	36.14		36.22		36.96
With labor and management	38.10		38.03		38.38
With other revenue adjustments	38.00		40.66		37.93

Est. labor hours per unit	0.18		0.09		0.09

Other Information
Average number of sows	258.9		254.6		471.7
Litters farrowed	526		511		1,041
Litters per sow	2.03		2.01		2.21
Litters per crate	11.93		10.80		14.27
Pigs born per litter	10.27		9.86		10.58
Pigs weaned per litter	9.06		8.60		9.53
Pigs weaned per sow	18.25		17.05		20.71
Number sold per litter	7.78		6.66		8.14
Lbs of feed / lb of gain	3.27		3.08		3.13
Feed cost / cwt. of gain	19.13		17.54		18.80
Feed cost per litter	413.65		371.32		417.69
Avg wgt/Raised Hog sold	254		260		256
Avg price / cwt	44.35		42.64		45.55