Livestock Enterprise Analysis
(Farms Sorted By Years)
Dairy -- Average Cow
| Avg. Of | ||||||
| All Farms | 2010 | 2009 | 2008 | 2007 | 2006 | |
| Number of farms | 144 | 38 | 31 | 30 | 23 | 22 |
| Milk sold | 3,079.22 | 3,257.04 | 3,038.65 | 3,105.09 | 3,171.95 | 2,681.93 |
| Dairy Calves sold | 23.07 | 17.40 | 17.27 | 20.30 | 22.99 | 46.64 |
| Transferred out | 86.31 | 61.99 | 44.85 | 76.40 | 150.91 | 148.88 |
| Cull sales | 113.30 | 144.60 | 113.76 | 99.97 | 105.28 | 80.53 |
| Other income | 145.15 | 115.46 | 250.77 | 117.90 | 114.52 | 109.15 |
| Purchased | -50.37 | -37.67 | -36.51 | -88.40 | -75.74 | -16.44 |
| Transferred in | -189.31 | -123.94 | -121.92 | -133.42 | -342.67 | -352.11 |
| Inventory change | 77.95 | 57.52 | -8.76 | 158.74 | 107.05 | 103.43 |
| Dairy repl net cost | -260.31 | -390.29 | -361.84 | -332.87 | - | - |
| Gross margin | 3,025.02 | 3,102.12 | 2,936.26 | 3,023.72 | 3,254.28 | 2,802.01 |
| Direct Expenses | ||||||
| Protein Vit Minerals | 177.59 | 188.87 | 188.67 | 169.83 | 182.76 | 145.97 |
| Complete Ration | 53.94 | 51.44 | 16.63 | 95.16 | 87.07 | 24.45 |
| Corn | 34.14 | 22.82 | 25.18 | 47.70 | 58.99 | 26.13 |
| Hay, Alfalfa | 34.26 | 29.59 | 21.51 | 48.49 | 19.45 | 55.57 |
| Haylage, Alfalfa | 68.40 | 64.22 | 62.08 | 78.72 | 86.78 | 53.70 |
| Pasture | 51.21 | 67.83 | 67.12 | 51.73 | 13.86 | 29.99 |
| Corn, Organic | 174.81 | 154.67 | 194.67 | 167.32 | 245.56 | 127.33 |
| Corn Silage, Organic | 87.54 | 90.61 | 109.18 | 90.89 | 76.17 | 54.73 |
| Hay, Alfalfa, Organic | 211.47 | 263.18 | 224.03 | 192.30 | 174.44 | 157.56 |
| Pasture, Organic | 100.39 | 103.52 | 107.13 | 74.33 | 128.42 | 95.85 |
| Hay, Grass, Organic | 51.94 | 14.30 | 32.08 | 72.33 | 112.41 | 66.74 |
| Other feed stuffs | 180.23 | 158.52 | 204.81 | 213.48 | 214.28 | 103.81 |
| Veterinary | 30.19 | 32.78 | 27.05 | 29.23 | 31.22 | 30.49 |
| Supplies | 206.17 | 237.29 | 189.99 | 212.00 | 190.25 | 178.54 |
| Fuel & oil | 63.78 | 70.21 | 55.88 | 73.75 | 57.35 | 55.21 |
| Repairs | 124.19 | 138.79 | 116.93 | 100.38 | 139.06 | 128.38 |
| Custom hire | 17.02 | 16.67 | 14.51 | 12.72 | 13.72 | 30.83 |
| Hired labor | 32.95 | 37.40 | 54.80 | 47.06 | 1.93 | - |
| Marketing | 38.18 | 37.88 | 57.43 | 27.53 | 33.86 | 29.08 |
| Total direct expenses | 1,738.39 | 1,780.58 | 1,769.67 | 1,804.94 | 1,867.59 | 1,394.37 |
| Return over direct expense | 1,286.63 | 1,321.54 | 1,166.60 | 1,218.79 | 1,386.69 | 1,407.65 |
| Overhead Expenses | ||||||
| Hired labor | 188.13 | 184.01 | 169.51 | 175.23 | 195.06 | 236.31 |
| Farm insurance | 31.61 | 33.36 | 29.59 | 25.97 | 35.18 | 36.24 |
| Utilities | 64.25 | 60.03 | 66.48 | 68.06 | 68.56 | 59.27 |
| Interest | 85.34 | 72.71 | 77.64 | 98.43 | 100.02 | 88.05 |
| Mach & bldg depreciation | 100.56 | 108.19 | 93.91 | 106.59 | 94.30 | 93.38 |
| Miscellaneous | 83.61 | 107.05 | 77.82 | 69.86 | 78.65 | 72.86 |
| Total overhead expenses | 553.50 | 565.34 | 514.97 | 544.14 | 571.78 | 586.11 |
| Total dir & ovhd expenses | 2,291.89 | 2,345.92 | 2,284.63 | 2,349.07 | 2,439.37 | 1,980.48 |
| Net return | 733.13 | 756.20 | 651.63 | 674.65 | 814.91 | 821.54 |
| Labor & management charge | 269.47 | 268.51 | 285.16 | 262.96 | 273.42 | 253.25 |
| Net return over lbr & mgt | 463.66 | 487.68 | 366.47 | 411.70 | 541.49 | 568.28 |
| Cost of Production Per Cwt. Of Milk | ||||||
| Total direct expense per unit | 13.77 | 13.89 | 14.59 | 14.29 | 13.97 | 11.32 |
| Total dir& ovhd expense per unit | 18.15 | 18.30 | 18.84 | 18.60 | 18.24 | 16.07 |
| With other revenue adjustments | 19.22 | 20.19 | 20.29 | 20.05 | 18.31 | 15.42 |
| With labor and management | 21.35 | 22.28 | 22.64 | 22.13 | 20.35 | 17.47 |
| Est. labor hours per unit | 41.51 | 39.29 | 39.48 | 39.43 | 45.19 | 48.36 |
| Other Information | ||||||
| Number of cows | 74.9 | 78.8 | 77.8 | 76.9 | 64.7 | 72.3 |
| Milk produced per cow | 12,627 | 12,819 | 12,129 | 12,629 | 13,372 | 12,323 |
| Total milk sold | 919,641 | 979,760 | 917,025 | 940,233 | 838,957 | 875,756 |
| Pounds of milk sold per FTE | 827,888 | 886,296 | 836,365 | 868,396 | 803,966 | 701,129 |
| Culling percentage | 20.1 | 23.6 | 21.7 | 19.0 | 16.1 | 16.2 |
| Turnover rate | 26.5 | 29.8 | 27.3 | 25.3 | 25.4 | 21.9 |
| Cow death loss percent | 5.4 | 5.4 | 3.9 | 5.4 | 8.4 | 4.8 |
| Percent of barn capacity | 101.1 | 97.6 | 103.9 | 102.1 | 98.5 | 105.0 |
| Feed cost per day | 3.36 | 3.31 | 3.43 | 3.57 | 3.84 | 2.58 |
| Feed cost per cwt of milk | 9.71 | 9.44 | 10.33 | 10.31 | 10.47 | 7.64 |
| Feed cost per cow | 1,225.90 | 1,209.56 | 1,253.08 | 1,302.27 | 1,400.20 | 941.84 |
| Avg. milk price per cwt. | 25.09 | 26.19 | 25.77 | 25.39 | 24.44 | 22.15 |
| Copyright (c) 2005-2009, University of Minnesota | Data Source(s): | MnSCU Farm Business Management, 83 farms | Southeast Minnesota Farm Business Management Association, 1 farms |
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Report Summary
| 1. Report number | 202060 |
| 2. Location | |
| State: | Minnesota |
| 3. Farm Characteristics | |
| Year(s): | 2010, 2009, 2008, 2007, 2006 |
| Livestock unit: | Cow |
| Contract Production: | Contractor |
| Special sorts included: | Organic |