Livestock Enterprise Analysis
(Farms Sorted By Enterprise Size)
Dairy -- Average Cow
| Avg. Of | 1 - | 51 - | 101 - | 201 - | Over | |
| All Farms | 50 | 100 | 200 | 500 | 500 | |
| Number of farms | 499 | 108 | 197 | 114 | 58 | 22 |
| Milk sold | 4,135.89 | 3,247.30 | 3,641.40 | 3,870.22 | 4,449.00 | 4,653.80 |
| Milk used in home | 0.79 | 3.47 | 1.93 | 0.67 | 0.05 | 0.10 |
| Milk fed to animals | 14.44 | 20.44 | 13.02 | 17.63 | 13.37 | 12.40 |
| Dairy Calves sold | 32.59 | 73.11 | 34.08 | 29.32 | 31.29 | 26.19 |
| Transferred out | 49.97 | 99.74 | 62.59 | 64.80 | 34.99 | 30.24 |
| Cull sales | 146.29 | 146.68 | 147.81 | 137.40 | 131.44 | 167.46 |
| Butchered | 2.45 | 7.19 | 5.39 | 1.91 | 1.88 | 0.10 |
| Hedging gain/loss | -11.82 | - | -0.09 | -0.94 | -9.26 | -35.81 |
| Other income | 7.91 | 7.71 | 14.75 | 10.00 | 6.24 | 2.43 |
| Purchased | -111.31 | -124.54 | -89.46 | -107.75 | -143.16 | -97.07 |
| Transferred in | -99.37 | -142.91 | -110.18 | -142.24 | -90.62 | -51.71 |
| Inventory change | 80.62 | 31.21 | 43.92 | 86.88 | 128.97 | 67.63 |
| Dairy repl net cost | -391.16 | -251.41 | -406.40 | -365.43 | -380.33 | -445.00 |
| Gross margin | 3,857.30 | 3,118.00 | 3,358.77 | 3,602.48 | 4,173.86 | 4,330.75 |
| Direct Expenses | ||||||
| Protein Vit Minerals | 591.52 | 354.50 | 459.37 | 542.38 | 670.70 | 715.01 |
| Complete Ration | 222.37 | 182.36 | 211.36 | 227.30 | 278.96 | 180.19 |
| Corn | 234.25 | 207.35 | 237.06 | 249.15 | 232.61 | 226.79 |
| Corn Silage | 234.24 | 161.92 | 210.22 | 222.16 | 249.60 | 265.29 |
| Hay, Alfalfa | 205.53 | 275.46 | 232.54 | 230.50 | 202.61 | 149.09 |
| Haylage, Alfalfa | 128.09 | 49.95 | 137.93 | 106.53 | 145.39 | 140.48 |
| Other feed stuffs | 132.38 | 172.50 | 116.07 | 138.08 | 102.99 | 159.70 |
| Veterinary | 112.44 | 87.15 | 90.65 | 102.03 | 123.85 | 133.25 |
| BST | 32.52 | 3.53 | 8.49 | 14.47 | 35.42 | 71.03 |
| Supplies | 228.28 | 232.13 | 233.23 | 224.05 | 249.09 | 206.79 |
| Fuel & oil | 103.15 | 80.82 | 83.72 | 99.91 | 110.84 | 118.76 |
| Repairs | 130.85 | 136.91 | 132.03 | 127.25 | 135.21 | 127.39 |
| Custom hire | 45.63 | 11.79 | 20.51 | 38.54 | 45.95 | 79.01 |
| Hired labor | 104.44 | 20.50 | 33.78 | 68.01 | 166.76 | 149.82 |
| Hauling and trucking | 48.91 | 66.07 | 56.20 | 44.82 | 52.79 | 39.00 |
| Marketing | 43.14 | 33.80 | 38.48 | 37.00 | 39.11 | 58.33 |
| Bedding | 58.07 | 19.10 | 38.58 | 49.57 | 73.43 | 74.69 |
| Total direct expenses | 2,655.79 | 2,095.84 | 2,340.21 | 2,521.73 | 2,915.32 | 2,894.63 |
| Return over direct expense | 1,201.51 | 1,022.16 | 1,018.56 | 1,080.75 | 1,258.54 | 1,436.12 |
| Overhead Expenses | ||||||
| Hired labor | 239.82 | 47.87 | 91.76 | 180.14 | 299.65 | 393.58 |
| Building leases | 45.40 | 9.87 | 13.58 | 14.49 | 64.78 | 86.64 |
| Utilities | 55.33 | 73.95 | 77.13 | 56.03 | 45.58 | 42.97 |
| Interest | 114.27 | 99.74 | 106.11 | 127.89 | 113.31 | 112.95 |
| Mach & bldg depreciation | 132.00 | 118.63 | 124.83 | 140.53 | 137.61 | 127.67 |
| Miscellaneous | 100.52 | 117.33 | 98.20 | 90.72 | 98.94 | 108.64 |
| Total overhead expenses | 687.34 | 467.39 | 511.61 | 609.80 | 759.86 | 872.44 |
| Total dir & ovhd expenses | 3,343.13 | 2,563.23 | 2,851.82 | 3,131.52 | 3,675.18 | 3,767.08 |
| Net return | 514.17 | 554.77 | 506.95 | 470.95 | 498.68 | 563.67 |
| Labor & management charge | 223.73 | 369.58 | 299.21 | 242.66 | 206.14 | 131.60 |
| Net return over lbr & mgt | 290.44 | 185.20 | 207.73 | 228.30 | 292.54 | 432.08 |
| Cost of Production Per Cwt. Of Milk | ||||||
| Total direct expense per unit | 12.44 | 12.65 | 12.38 | 12.72 | 12.65 | 12.05 |
| Total dir& ovhd expense per unit | 15.66 | 15.47 | 15.08 | 15.80 | 15.95 | 15.68 |
| With other revenue adjustments | 17.04 | 16.40 | 16.66 | 17.24 | 17.21 | 17.08 |
| With labor and management | 18.09 | 18.63 | 18.24 | 18.46 | 18.10 | 17.62 |
| Est. labor hours per unit | 41.90 | 48.13 | 42.40 | 37.07 | 42.90 | 43.34 |
| Other Information | ||||||
| Number of cows | 140.7 | 38.9 | 71.7 | 139.8 | 307.2 | 822.8 |
| Milk produced per cow | 21,344 | 16,566 | 18,910 | 19,824 | 23,038 | 24,024 |
| Total milk sold | 2,990,232 | 638,688 | 1,349,661 | 2,759,748 | 7,054,105 | 19,705,223 |
| Pounds of milk sold per FTE | 1,420,527 | 955,264 | 1,242,607 | 1,490,813 | 1,498,676 | 1,547,224 |
| Culling percentage | 24.3 | 23.5 | 24.5 | 23.1 | 22.0 | 27.5 |
| Turnover rate | 32.5 | 32.2 | 32.8 | 31.7 | 29.7 | 35.9 |
| Cow death loss percent | 7.8 | 7.7 | 7.3 | 8.1 | 7.4 | 8.3 |
| Percent of barn capacity | 108.1 | 91.3 | 104.1 | 107.5 | 110.6 | 114.5 |
| Feed cost per day | 4.79 | 3.85 | 4.40 | 4.70 | 5.16 | 5.03 |
| Feed cost per cwt of milk | 8.19 | 8.48 | 8.49 | 8.66 | 8.17 | 7.64 |
| Feed cost per cow | 1,748.37 | 1,404.05 | 1,604.54 | 1,716.10 | 1,882.87 | 1,836.57 |
| Avg. milk price per cwt. | 19.46 | 19.77 | 19.35 | 19.61 | 19.38 | 19.43 |
| Copyright (c) 2005-2009, University of Minnesota | Data Source(s): | All Minnesota Groups, 243 farms | Southwest Minnesota Farm Business Management Association, 4 farms |
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Report Summary
| 1. Report number | 142381 |
| 2. Location | |
| State: | Minnesota |
| 3. Farm Characteristics | |
| Year(s): | 2008 |
| Livestock unit: | Cow |