| INCOME |
One gallon |
Nott preliminary Info 75 farms 1997 summary info
37376 cwt milk produced for farm |
| Milk Income |
$1.19 |
$514,271.00 |
| Cattle Income |
$0.08 |
$33,284.00 |
| Other Income |
$0.12 |
$52,060.00 |
| Gross Income |
$1.38 |
$599,615.00 |
| EXPENSES |
One gallon |
Nott preliminary Info 75 farms 1997 summary info
37376 cwt milk produced for farm |
| Direct Crop Cost |
$0.11 |
$49,086.00 |
| Seed |
$0.03 |
| Fertilizer |
$0.05 |
| Crop Chemicals |
$0.03 |
| Crop Insurance |
$0.00 |
| Drying Fuel |
$0.00 |
| Irrigation |
$0.00 |
| Crop Marketing |
$0.00 |
| Crop Miscellaneous |
$0.00 |
| Total Direct Crop Expenses |
$0.11 |
|
|
|
| Direct Livestock Cost |
$0.50 |
$216,932.00 |
| Purchased Feed |
$0.34 |
| Breeding |
$0.01 |
| Veterinary |
$0.05 |
| Supplies |
$0.05 |
| Leases |
$0.00 |
| Marketing |
$0.05 |
| Total Direct Livestock Exp. |
$0.50 |
|
|
|
| Overhead Cost |
$0.58 |
$253,345.00 |
| Interest |
$0.07 |
| Fuel and Oil |
$0.03 |
| Repairs |
$0.08 |
| Custom Hire |
$0.03 |
| Hired Labor |
$0.19 |
| Land Rent |
$0.05 |
| Mach & Build Leases |
$0.02 |
| Real Estate Taxes |
$0.01 |
| Insurance |
$0.02 |
| Utilities |
$0.03 |
| Dues & Professional Fees |
$0.01 |
| Miscellaneous |
$0.06 |
| Total Overhead Expense |
$0.58 |
|
|
|
| Inventory Changes |
($0.07) |
($30,385.00) |
| Crops and Feed |
$0.07 |
| Market Livestock |
$0.00 |
| Accounts Receivable |
($0.01) |
| Prepaid Expenses & Supplies |
$0.01 |
| Accounts Payable |
($0.00) |
| Total Net Inventory Change |
$0.07 |
|
|
|
| Depreciation Cost |
$0.10 |
$44,586.00 |
| Breeding Livestock |
$0.01 |
| Machinery & Equipment |
$0.07 |
| Buildings and Improvements |
$0.03 |
| Other Farm Capital |
$0.00 |
| Total Depreciation Expense |
$0.10 |
|
|
|
Hours and Value of
Unpaid Labor and Management |
|
|
| Value Unpaid Lbr & Management |
$0.13 |
$56,609.00 |
| Hours Unpaid Family Labor |
0.0126 |
5457.00 |
| Value of Unpaid Family Lbr |
$10.37 |
|
| Hours and Value of Hired Labor |
|
|
| Hours of Hired Labor |
0.0172 |
7474.00 |
| Value per Hour |
$11.20 |
83737.00 |
| Total Cost |
$1.36 |
$590,173.00 |
| Return above all cost |
$0.02 |
$9,442.00 |
