Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms

Number of farms	20

	Quantity	Value
Finish Hogs sold (lb)	110.49	48.28
Transferred out (lb)	0.44	0.19
Cull sales (lb)	0.01	-
Butchered (lb)	0.09	0.04
Less purchased (lb)	-11.44	-13.55
Less transferred in (lb)	-5.62	-5.86
Inventory change (lb)	6.03	1.85
Total production (lb)	100.00	30.96
Other income	0.44
Gross return	31.40

Direct Expenses
Corn (bu.)	2.99	5.39
Complete Ration (lb.)	85.02	5.25
Creep / Starter (lb.)	0.05	0.14
Protein Vit Minerals (lb.)	47.90	6.76
Other feed stuffs	10.92	0.70
Veterinary	0.45
Livestock supplies	0.26
Fuel & oil	0.46
Repairs	0.61
Custom hire	0.32
Machinery & bldg leases	1.41
Livestock leases	0.20
Hauling and trucking	0.24
Marketing	0.34
Operating interest	0.64
Total direct expenses	23.18
Return over direct expense	8.22

Overhead Expenses
Hired labor	0.24
Farm insurance	0.23
Utilities	0.27
Dues & professional fees	0.04
Interest	1.12
Mach & bldg depreciation	1.55
Miscellaneous	0.27
Total overhead expenses	3.72
Total dir & ovhd expenses	26.90
Net return	4.50

Labor & management charge	1.69
Net return over lbr & mgt	2.81

Cost of Production
Total direct expense per cwt.	23.18
Total dir& ovhd expense per cwt.	26.90
With labor and management	28.59
With other revenue adjustments	28.14

Est. labor hours per unit	0.13

Other Information
No. purchased or trans in	1,969
Number sold or trans out	1,855
Percentage death loss	3.6
Avg. daily gain (lbs)	1.47
Lbs of conc / lb of gain	3.11
Lbs of feed / lb of gain	3.12
Feed cost per cwt of gain	18.25
Feed cost per head	40.63
Average purchase weight	35
Average sales weight	261
Avg purch price / head	41.53
Avg sales price / cwt	43.70