3. Number of Dairy Cows
Average Farm
20
70
120
170
220
Cow #s
117 122 128
140 134 140
160
170 179
184
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
The average number of dairy cows up again in 2014
Pg 50-51
4. Number of Dairy Cows –
Median income farms
40
90
140
190
240
Cow #s
106
138 134
152
162
123
184
220
152
223
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Pg 50-51
5. Production &
Returns per Cow
-400
-200
0
200
400
600
800
1000
1200
1400
16,000
17,000
18,000
19,000
20,000
21,000
22,000
23,000
24,000
25,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
# milk/cow return/cow
Milk production up slightly - Returns up Significantly
Pg 50-51
12. How about 2015?
2014 % Change Est. 2015
Milk Produced 23,556 + 2% 24,027
Feed Cost $2,420.33 - 5% $2,299.31
Fuel $117.01 - 30% $81.91
Repairs $181.12 + 5% $190.18
Hired Labor $437.62 + 5% $459.50
Utilities $69.14 + 5% $72.60
Assuming all other expenses and income stay the same
13. 2015 Continued
2014 2015
Average Class III $22.34 $16.34*
Average Basis $2.14 $2.14
Average Pay Price $24.48 $18.48
Net Change - $6.00
Cost of Production $19.97 $19.17
Milk Price minus Feed Cost $14.14 $8.91
Net Return/Cow $1,026 - $141.74
* Based on April 2015 Dunn Dairy Outlook Report
38. Farrow to Finish Hogs –
Net Return & Price per Cwt
54.03
71.61 69.43
70.52
104.32
2.90
7.62
2.28
8.42
32.42
2010 2011 2012 2013 2014
Price Recv'd/Cwt Net Return/Cwt
Not in Report
39. Finish Feeder Pigs –
Net Return & Price per Pig
85.74 85.82 89.60
98.79
63.84 63.89 66.84
73.61
15.07
2.86 3.13
15.03
2011 2012 2013 2014
Price Recv'd/Cwt Carcass Price/CWT live Wgt
Net Return/Cwt
Pg 62
40. Weaning to Finish Hogs–Grower
What makes up the Gross Margin?
8.08
8.46
12.07
11.23
5.66
2.38
7.08 4.26 3.68
Average Mid 40-60% High 20%
Net Return
Direct Exp
Overhead Exp
Pg 63
Note: Sort for returns is based on Return to Overhead
Gross Margin: $15.69 $18.39 $18.13