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 | 557 | 135 | 229 | 119 | 55 | 19 |
| Milk sold | 2,850.63 | 2,286.65 | 2,509.05 | 2,710.04 | 3,133.98 | 3,270.62 |
| Milk used in home | 0.94 | 4.11 | 1.67 | 0.52 | 0.36 | 0.16 |
| Milk fed to animals | 7.09 | 12.49 | 8.50 | 10.51 | 4.15 | 3.09 |
| Dairy Calves sold | 58.74 | 34.86 | 48.51 | 44.39 | 62.15 | 91.38 |
| Transferred out | 122.58 | 149.95 | 132.10 | 127.95 | 125.03 | 92.89 |
| Cull sales | 140.77 | 149.56 | 150.46 | 131.23 | 132.28 | 147.45 |
| Butchered | 2.65 | 7.39 | 4.10 | 2.78 | 1.42 | 0.60 |
| Less purchased | -98.94 | -80.14 | -77.47 | -95.58 | -39.79 | -203.61 |
| Less transferred in | -436.57 | -368.84 | -402.31 | -410.97 | -424.56 | -543.37 |
| Inventory change | 101.11 | 32.50 | 74.01 | 104.92 | 62.57 | 197.55 |
| Total production | 2,749.01 | 2,228.52 | 2,448.63 | 2,625.79 | 3,057.58 | 3,056.75 |
| Other income | 80.19 | 90.40 | 96.96 | 103.23 | 73.77 | 38.53 |
| Gross return | 2,829.20 | 2,318.91 | 2,545.59 | 2,729.03 | 3,131.35 | 3,095.27 |
| Direct Expenses | ||||||
| Corn | 142.82 | 132.63 | 141.93 | 151.42 | 152.33 | 126.42 |
| Corn Silage | 148.50 | 126.48 | 136.19 | 141.29 | 160.98 | 164.00 |
| Hay, Alfalfa | 134.99 | 201.62 | 167.28 | 147.44 | 125.77 | 70.88 |
| Hay, Grass & Other | 14.61 | 31.87 | 16.35 | 17.43 | 6.37 | 12.96 |
| Haylage, Alfalfa | 122.33 | 78.02 | 107.15 | 114.56 | 133.04 | 151.79 |
| Complete Ration | 150.72 | 103.52 | 141.32 | 129.07 | 158.99 | 193.35 |
| Protein Vit Minerals | 368.42 | 282.92 | 309.30 | 353.77 | 417.60 | 425.53 |
| Cottonseed | 17.38 | 2.76 | 7.62 | 12.10 | 29.48 | 25.57 |
| Other feed stuffs | 45.46 | 79.09 | 54.63 | 57.09 | 30.14 | 27.68 |
| Breeding fees | 39.29 | 37.64 | 38.81 | 35.96 | 47.80 | 34.25 |
| Veterinary | 109.08 | 87.29 | 89.09 | 97.36 | 123.49 | 136.21 |
| BST | 32.72 | 8.29 | 11.22 | 19.50 | 36.75 | 76.46 |
| Supplies | 120.32 | 125.00 | 113.81 | 111.76 | 136.22 | 117.22 |
| DHIA | 14.26 | 17.10 | 16.96 | 15.67 | 15.09 | 7.54 |
| Fuel & oil | 68.56 | 57.29 | 58.22 | 68.26 | 75.61 | 76.47 |
| Repairs | 106.09 | 118.21 | 107.80 | 111.19 | 101.17 | 99.76 |
| Custom hire | 27.91 | 12.98 | 16.35 | 17.26 | 36.99 | 48.01 |
| Hired labor | 13.86 | 0.66 | 4.94 | 3.36 | 26.80 | 25.60 |
| Hauling and trucking | 33.80 | 55.09 | 42.17 | 31.29 | 31.16 | 22.59 |
| Marketing | 36.04 | 33.61 | 36.10 | 35.92 | 31.02 | 42.86 |
| Bedding | 48.92 | 16.52 | 34.33 | 42.12 | 54.96 | 77.86 |
| Operating interest | 14.00 | 17.38 | 12.41 | 17.59 | 15.01 | 9.30 |
| Total direct expenses | 1,810.06 | 1,625.97 | 1,663.98 | 1,731.40 | 1,946.77 | 1,972.28 |
| Return over direct expense | 1,019.15 | 692.95 | 881.61 | 997.63 | 1,184.58 | 1,122.99 |
| Overhead Expenses | ||||||
| Custom hire | 14.24 | 8.45 | 5.45 | 15.53 | 20.02 | 18.12 |
| Hired labor | 267.44 | 58.41 | 104.14 | 231.39 | 382.69 | 434.75 |
| Machinery leases | 11.50 | 4.46 | 10.66 | 7.63 | 10.95 | 20.06 |
| Building leases | 28.48 | 4.20 | 13.45 | 17.76 | 44.68 | 47.56 |
| RE & pers. property taxes | 9.86 | 14.35 | 12.25 | 9.70 | 7.36 | 8.63 |
| Farm insurance | 32.00 | 40.62 | 33.24 | 34.51 | 33.65 | 22.71 |
| Utilities | 68.18 | 92.11 | 81.12 | 70.57 | 58.22 | 53.81 |
| Interest | 119.04 | 94.82 | 105.00 | 130.57 | 119.28 | 130.26 |
| Mach & bldg depreciation | 118.85 | 104.08 | 113.14 | 139.50 | 125.23 | 99.51 |
| Miscellaneous | 40.71 | 42.15 | 40.30 | 35.08 | 39.09 | 49.03 |
| Total overhead expenses | 710.31 | 463.64 | 518.75 | 692.24 | 841.18 | 884.44 |
| Total dir & ovhd expenses | 2,520.37 | 2,089.61 | 2,182.73 | 2,423.64 | 2,787.95 | 2,856.72 |
| Net return | 308.83 | 229.31 | 362.86 | 305.39 | 343.40 | 238.55 |
| Labor & management charge | 205.32 | 332.32 | 256.39 | 199.92 | 183.28 | 133.66 |
| Net return over lbr & mgt | 103.52 | -103.01 | 106.47 | 105.47 | 160.12 | 104.89 |
| Cost of Production | ||||||
| Total direct expense per cwt. | 8.45 | 9.34 | 8.61 | 8.44 | 8.31 | 8.23 |
| Total dir& ovhd expense per cwt. | 11.76 | 12.00 | 11.30 | 11.81 | 11.90 | 11.92 |
| With other revenue adjustments | 11.90 | 11.91 | 11.16 | 11.77 | 11.93 | 12.66 |
| With labor and management | 12.86 | 13.82 | 12.49 | 12.75 | 12.71 | 13.22 |
| Est. labor hours per unit | 41.00 | 49.12 | 41.57 | 37.95 | 41.00 | 40.94 |
| Other Information | ||||||
| Avg. number of Cows | 124.3 | 37.8 | 71.8 | 138.1 | 306.8 | 755.3 |
| Milk produced per Cow | 21,432 | 17,417 | 19,320 | 20,522 | 23,432 | 23,974 |
| Culling percentage | 24.6 | 25.4 | 24.3 | 23.0 | 23.8 | 27.5 |
| Turnover rate | 32.3 | 33.6 | 32.3 | 30.9 | 30.7 | 35.1 |
| Percent of barn capacity | 107.8 | 87.8 | 106.8 | 108.5 | 111.3 | 113.1 |
| Lbs. milk/lb grain & conc. | 2.4 | 2.6 | 2.5 | 2.3 | 2.4 | 2.3 |
| Feed cost per cwt of milk | 5.34 | 5.96 | 5.60 | 5.48 | 5.18 | 5.00 |
| Feed cost per Cow | 1,145.21 | 1,038.91 | 1,081.76 | 1,124.16 | 1,214.70 | 1,198.16 |
| Avg. milk price per cwt. | 13.34 | 13.22 | 13.04 | 13.26 | 13.41 | 13.66 |
| Copyright (c) 2005-2007, University of Minnesota | Data Source(s): | Minnesota Farm Business Management Education, 538 farms | Southeast Minnesota Farm Business Management Association, 15 farms | Southwest Minnesota Farm Business Management Association, 4 farms |
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Report Summary
| 1. Report number | 88080 |
| 2. Location | |
| State: | Minnesota |
| 3. Farm Characteristics | |
| Year(s): | 2006 |
| Livestock unit: | Cow |