Table 36: Costs and Returns for Dairy Cow Production
Per Cow Plus Replacement – 19,000 Pounds of Milk, Northeastern United States, 1996
|
| ITEM |
HEAD |
UNIT |
PRICE |
QUANTITY |
TOTAL |
| |
|
|
|
|
|
| Receipts |
|
|
|
|
|
| Milk Sales |
1 |
cwt |
$ 14.00 |
190 |
$ 2,660.00 |
| Cows Culled |
0.31 |
cwt |
$ 47.00 |
13 |
$ 189.41 |
| Calves Sold |
0.44 |
lbs |
$ 1.04 |
100 |
$ 45.76 |
| Heifers Sold |
0.11 |
lbs |
$ 0.55 |
600 |
$ 36.30 |
| Total Receipts |
|
|
|
|
$ 2,931.47 |
| |
|
|
|
|
|
| Variable Costs |
|
|
|
|
|
| Feed Costs |
|
|
< /td> |
|
|
| Corn Grain Equivalent |
|
bu |
$ 2.80 |
111 |
$ 310.80 |
| Hay Equivalent |
|
tons |
$ 100.00 |
3.9 |
$ 390.00 |
| Corn Silage |
|
tons |
$ 23.75 |
8.7 |
$ 206.63 |
| Soybean Meal |
|
cwt |
$ 14.00 |
20.5 |
$ 287.00 |
| Dicalcium Phosphate |
|
lb |
$ 0.22 |
98 |
$ 21.56 |
| Limestone |
|
lb |
$ 0.05 |
133 |
$ 6.65 |
| Salt |
|
lb |
$ 0.09 |
85 |
$ 7.65 |
| Milk Replacer |
|
lb |
$ 0.90 |
12 |
$ 10.80 |
| Total Feed Costs |
|
|
|
|
$ 1,241.09 |
| Other |
|
|
|
|
|
| Bedding |
|
$ 65.00 |
0.76 |
$ 49.40 |
| Misc. Livestock Supplies |
|
|
$ 74.00 |
|
$ 74.00 |
| Breeding Fees |
|
|
$ 40.00 |
|
$ 40.00 |
| Veterinarian and Medicine |
|
|
$ 62.00 |
|
$ 62.00 |
| Milk Testing |
|
|
$ 15.00 |
|
$ 15.00 |
| Utilities |
|
|
$ 63.50 |
|
$ 63.50 |
| Insurance |
|
|
$ 10.00 |
|
$ 10.00 |
| Coop Dues |
|
cwt |
$ 0.15 |
190 |
$ 28.50 |
| Milk Hauling |
& nbsp; |
cwt |
$ 0.75 |
190 |
$ 142.50 |
| Marketing |
< /td> |
cwt |
$ 0.12 |
190 |
$ 22.80 |
| Advertising |
|
cwt |
$ 0.05 |
190 |
$ 9.50 |
| Labor |
|
|
|
|
|
| Operator |
|
hr |
$ 14.48 |
51 |
$ 738.48 |
| Hired |
|
hr |
$ 7.24 |
41 |
$ 296.84 |
| Diesel Fuel and Oil |
|
|
|
|
|
| Gas, fuel, and oil |
|
|
|
$ 11.20 |
| Repair & Maintenance |
|
|
|
|
|
| Building and Equipment |
|
|
$ 36.00 |
|
$ 36.00 |
| Sub-Total |
|
|
|
|
$ 2,840.81 |
| Interest on Operating Capitala |
|
|
10% |
|
$ 23.58 |
| Total Variable Costs |
|
|
|
|
$ 2,864.39 |
| Returns Above Variable Costs |
|
|
|
|
$ 30.78 |
| Fixed Costs |
|
|
|
|
|
| Building and Equipment |
|
|
$ 260.00 |
|
$ 260.00 |
| Land Charge |
|
acre |
$ 50.00 |
0.25 |
$ 12.50 |
| Total Fixed Costs |
|
|
|
|
$ 272.50 |
| Total Fixed & Variable Costs |
|
|
|
|
$ 3,136.89 |
| Management Feesa |
|
|
7% |
|
$ 218.71 |
| Total Costs |
|
|
|
|
$ 3,355.60 |
| Net Returns |
|
|
|
|
$ (424.13) |