Farm Business Management -- Reports -- Minnesota STATEWIDE

	Avg. Of
	All Farms		Low 20%		High 20%

Number of farms	30		6		6

	Quantity	Value	Quantity	Value	Quantity	Value
Wean-Fin Pig sold (lb)	101.43	45.15	100.35	45.14	114.17	53.16
Transferred out (lb)	0.40	0.19	0.18	0.06	0.36	0.31
Cull sales (lb)	0.01	0.01	-	-	0.06	0.04
Butchered (lb)	0.07	0.03	0.01	0.00	0.16	0.08
Less purchased (lb)	-6.38	-15.14	-6.19	-15.93	-5.58	-16.09
Less transferred in (lb)	-0.41	-0.90	-0.19	-0.46	-	-
Inventory change (lb)	4.88	3.15	5.83	3.35	-9.16	-0.29
Total production (lb)	100.00	32.49	100.00	32.16	100.00	37.21
Other income	0.00		0.00		-
Gross return	32.49		32.16		37.21

Direct Expenses
Corn (bu.)	1.68	2.78	0.23	0.39	2.45	3.84
Complete Ration (lb.)	162.23	10.02	293.97	17.17	37.62	2.69
Protein Vit Minerals (lb.)	38.48	4.80	4.33	0.68	92.98	11.20
Other feed stuffs	0.09	0.07	-	-	-	-
Veterinary	0.68		0.92		0.62
Livestock supplies	0.62		0.46		0.42
Fuel & oil	0.43		0.32		0.43
Repairs	0.79		0.83		0.67
Custom hire	0.56		0.65		0.67
Hired labor	0.82		2.18		-
Machinery & bldg leases	1.11		3.01		0.23
Livestock leases	0.16		0.04		0.02
Utilities	0.09		-		0.25
Operating interest	0.40		0.33		0.71
Total direct expenses	23.32		26.97		21.74
Return over direct expense	9.17		5.19		15.47

Overhead Expenses
Hired labor	0.57		0.25		0.83
Machinery & bldg leases	0.70		0.02		1.60
Farm insurance	0.27		0.25		0.31
Utilities	0.41		0.37		0.41
Dues & professional fees	0.12		0.20		0.01
Interest	1.17		0.40		1.93
Mach & bldg depreciation	1.45		1.23		1.67
Miscellaneous	0.25		0.16		0.35
Total overhead expenses	4.94		2.88		7.11
Total dir & ovhd expenses	28.27		29.85		28.85
Net return	4.23		2.31		8.36

Labor & management charge	1.34		1.04		1.64
Net return over lbr & mgt	2.89		1.27		6.71

Cost of Production
Total direct expense per cwt.	23.32		26.97		21.74
Total dir& ovhd expense per cwt.	28.27		29.85		28.85
With labor and management	29.61		30.89		30.50
With other revenue adjustments	29.61		30.89		30.50

Est. labor hours per unit	0.17		0.19		0.19

Other Information
No. purchased or trans in	4,918		9,429		3,227
Number sold or trans out	4,249		7,730		3,194
Percentage death loss	4.6		5.6		3.8
Avg. daily gain (lbs)	1.53		1.85		1.42
Lbs of conc / lb of gain	2.95		3.11		2.68
Lbs of feed / lb of gain	2.95		3.11		2.68
Feed cost per cwt of gain	17.66		18.24		17.72
Feed cost per head	43.31		45.09		43.97
Average purchase weight	15		13		12
Average sales weight	253		243		256
Avg purch price / head	34.50		32.53		35.22
Avg sales price / cwt	44.51		44.98		46.56