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 527 103 207 126 68 23
Milk sold 3,513.72 2,725.09 3,071.09 3,325.05 3,698.38 4,085.87
Dairy Calves sold 35.25 34.13 29.40 30.99 39.39 40.28
Transferred out 45.96 79.26 67.58 46.72 52.89 8.28
Cull sales 176.31 176.93 181.46 168.81 161.11 198.46
Other income 39.58 48.78 43.05 36.82 31.37 47.33
Purchased -47.77 -108.28 -55.03 -56.16 -42.49 -23.90
Transferred in -82.48 -143.56 -85.81 -69.50 -93.05 -64.90
Inventory change 47.19 74.30 16.17 53.87 39.64 71.59
Dairy repl net cost -450.12 -306.94 -400.08 -457.64 -437.97 -538.86
Gross margin 3,277.65 2,579.71 2,867.85 3,078.95 3,449.26 3,824.16
Direct Expenses
Protein Vit Minerals 483.05 320.74 455.91 432.19 493.71 588.74
Complete Ration 233.65 165.34 159.14 205.01 272.47 301.11
Corn 218.46 194.13 219.86 225.56 230.36 200.65
Corn Silage 234.01 189.12 220.82 213.51 238.23 273.73
Hay, Alfalfa 162.25 233.84 193.21 204.25 132.11 109.18
Haylage, Alfalfa 107.95 73.42 110.99 94.54 143.38 83.43
Other feed stuffs 129.79 162.36 119.34 168.55 104.26 122.27
Breeding fees 37.93 34.59 37.86 33.25 40.69 40.34
Veterinary 105.35 84.77 86.59 98.01 124.73 111.24
BST 28.33 5.02 7.16 17.63 35.85 55.56
Supplies 179.49 190.19 184.67 163.25 185.54 181.73
Fuel & oil 76.74 64.04 64.35 76.20 81.81 85.51
Repairs 118.49 113.41 108.09 116.37 115.49 135.38
Custom hire 55.17 14.66 25.00 37.42 52.82 114.87
Hired labor 121.68 6.11 37.58 60.87 155.38 250.24
Hauling and trucking 44.45 69.14 56.58 47.68 34.81 35.83
Marketing 44.35 39.14 38.43 41.24 44.44 54.29
Bedding 55.48 21.16 39.37 51.41 67.54 68.01
Total direct expenses 2,436.61 1,981.19 2,164.94 2,286.95 2,553.62 2,812.12
Return over direct expense 841.04 598.51 702.91 792.00 895.64 1,012.04
Overhead Expenses
Hired labor 195.93 58.63 64.71 171.17 261.20 295.47
Building leases 36.36 20.08 14.56 19.80 54.83 54.97
Farm insurance 36.90 38.96 37.98 33.84 38.00 37.29
Utilities 60.91 82.30 79.03 63.88 55.58 42.43
Interest 98.65 82.67 98.18 95.80 116.56 83.58
Mach & bldg depreciation 134.36 98.15 124.35 133.40 130.49 158.38
Miscellaneous 66.07 79.31 64.88 62.34 65.77 68.25
Total overhead expenses 629.19 460.10 483.70 580.22 722.43 740.39
Total dir & ovhd expenses 3,065.80 2,441.29 2,648.64 2,867.17 3,276.05 3,552.50
Net return 211.85 138.42 219.21 211.78 173.21 271.66
Labor & management charge 200.23 368.73 285.15 220.13 155.12 115.73
Net return over lbr & mgt 11.61 -230.32 -65.95 -8.35 18.09 155.92
Cost of Production Per Cwt. Of Milk
Total direct expense per unit 11.21 11.97 11.31 11.32 10.99 11.18
Total dir& ovhd expense per unit 14.11 14.75 13.84 14.19 14.10 14.13
With other revenue adjustments 15.27 15.77 15.01 15.48 15.24 15.23
With labor and management 16.19 18.00 16.50 16.57 15.90 15.69
Est. labor hours per unit 44.79 48.62 40.98 38.77 51.74 45.05
Other Information
Number of cows 137.0 38.4 71.8 135.7 296.7 699.0
Milk produced per cow 21,732 16,547 19,138 20,209 23,229 25,147
Total milk sold 2,960,023 628,488 1,365,303 2,727,957 6,860,230 17,493,998
Pounds of milk sold per FTE 1,351,141 943,224 1,298,352 1,452,396 1,251,126 1,555,292
Culling percentage 27.8 28.0 26.9 27.1 27.0 30.2
Turnover rate 35.8 38.7 35.7 35.0 34.9 37.0
Cow death loss percent 7.5 9.4 7.8 7.2 7.6 6.7
Percent of barn capacity 107.7 91.5 100.4 108.9 112.5 113.0
Feed cost per day 4.30 3.67 4.05 4.23 4.42 4.60
Feed cost per cwt of milk 7.22 8.09 7.73 7.64 6.95 6.68
Feed cost per cow 1,569.16 1,338.95 1,479.26 1,543.62 1,614.52 1,679.12
Avg. milk price per cwt. 16.26 16.64 16.16 16.54 16.00 16.33

Copyright (c) 2005-2009, University of Minnesota
Data Source(s): MnSCU Farm Business Management, 134 farms

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Report Summary

1. Report number 192784
2. Location
    State: Minnesota
3. Farm Characteristics
    Year(s): 2010
    Livestock unit: Cow
    Contract Production: Contractor

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