Production Level
18,000 lbs. milk sold 22,500 lbs. milk sold
per cow per cwt. per cow per cwt.
ESTIMATED INCOME/ COW
Milk sales @ $17.75/cwt. $3,195.00 $17.75 $3,993.75 $17.75
Government payment 0 0
Calf sales: 47.5% x $100/hd. 47.50 .26 47.50 .21
Cull cow sales:
1450 lbs. x 28% x $50/cwt. 203.00 1.13 203.00 .90
ESTIMATED TOTAL INCOME/COW $3,445.50 $19.14 $4,244.25 $18.86
ESTIMATED OPERATING COSTS/COW
Feed $2,193.59 $12.19 $2,458.37 $10.93
Labor . 371.35 2.06 371.35 1.65
Veterinary, drugs, and supplies 100.00 .56 110.00 .49
Utilities and water 55.00 .31 55.00 .24
Fuel, oil, and all vehicle expense 61.59 .34 61.59 .27
Milk hauling and promotion 171.00 .95 213.75 .95
Building and equipment repair 144.86 .80 144.86 .64
Breeding/genetic charges:
Semen, A.I. services, supplies 45.00 .25 45.00 .20
Interest on breeding herd 153.00 .85 153.00 .68
Insurance on breeding herd 18.00 .10 18.00 .08
Professional fees
(legal, accounting, etc.) 22.00 .12 22.00 .10
Miscellaneous 20.00 .11 25.00 .11
Operating interest
(1/2 of selected operating
costs x 8.5%) 128.83 .72 140.73 .63
Total Operating Costs $3,484.22 $19.36 $3,818.65 $16.97
ESTIMATED OWNERSHIPS COSTS/COW
Depreciation on bldgs.
and equipment $258.66 $ 1.44 $258.66 $ 1.15
Interest on land, bldgs.,
and equipment 193.29 1.07 193.29 .86
Insurance and taxes on land,
bldgs., equip. 64.60 .36 64.60 .29
Total Ownership Costs $516.55 $2.87 $516.55 $2.30
ESTIMATED TOTAL COSTS/COW $4,000.77 $22.23 $4,335.20 $19.27
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Income over Operating Costs - $ 38.72 - $ .22 $425.60 $ 1.89
Income over Total Costs - $555.27 - $ 3.08 - $ 90.95 - $ .40
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Prepared by Joe Horner, Ag. Economist, Dairy and Beef, and Melvin Brees, Ag.
Economist, FAPRI.
Prepared 10/29/08
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Production Level
11,000 lbs. milk sold 14,000 lbs. milk sold
per cow per cwt. per cow per cwt.
ESTIMATED INCOME/ COW
Milk sales @ $17.75/cwt. $1,952.50 $17.75 $2,485.00 $17.75
Calf sales:
bulls and surplus heifers 170.00 1.55 170.00 1.21
Cull cow sales:
1100 lbs. x 18%x $50/cwt. 99.00 .90 99.00 .71
Government payments: 0 0
ESTIMATED TOTAL INCOME/COW $2,221.50 $20.20 $2,754.00 $19.67
ESTIMATED OPERATING COSTS/COW
Feed $1,053.48 $9.58 $1,205.60 $ 8.61
Labor 233.33 2.12 233.33 1.67
Veterinary, drugs, and supplies 80.00 .73 90.00 .64
Utilities and water 50.00 .45 50.00 .36
Fuel, oil, and all
vehicle expense 50.63 .46 50.63 .36
Milk hauling and promotion 82.50 .75 105.00 .75
Building and equipment repair 92.13 .84 92.13 .66
Breeding/genetic charges:
Semen, A.I. services, supplies 39.00 .35 39.00 .28
Interest on breeding herd 136.00 1.24 136.00 .97
Insurance on breeding herd 16.00 .15 16.00 .11
Professional fees
(legal, accounting, etc.) 5.50 .05 5.50 .04
Miscellaneous 20.00 .18 25.00 .18
Operating interest
(1/2 of operating costs x 8.5%) 69.70 .63 76.81 .55
Total Operating Costs $1,928.27 $17.53 $2,125.00 $15.18
ESTIMATED OWNERSHIP COSTS/COW
Depreciation on bldgs.
and equipment $ 88.26 $ .80 $ 88.26 $ .63
Interest on land, bldgs.,
and equipment 164.47 1.50 164.47 1.17
Insurance and taxes on
land, bldgs., equip. 26.85 .24 26.85 .19
Total Ownership Costs $279.58 $ 2.54 $279.58 $ 2.00
ESTIMATED TOTAL COSTS/COW $2,207.85 $20.07 $2,404.58 $17.18
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Income over Operating Costs $293.23 $ 2.67 $629.00 $ 4.49
Income over Total Costs $ 13.65 $ .12 $349.42 $ 2.50
______________________________________________________________________________
Prepared by Joe Horner, Economist, Dairy and Beef, and Melvin Brees,
Ag. Economist, FAPRI.
Prepared 10/28/08
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