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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          
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   tons $ 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   cwt $ 0.75 190 $ 142.50
Marketing   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   $ 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)

 

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