Ontario Beef Cow Calf Summary - 2007

Average of 41 Beef Cow Calf Farms

High 14 farms by per cow enterprise income
Low 14 farms by per cow enterprise income

Table of Contents

 

Financial Summary - Cow Calf Enterprise Analysis Program

Key Financial Measures for Average of 41 Beef Cow Calf Farms - 2007

 

Ratio Calculation Low 14 Farms Avg 41 Farms High 14 Farms

Operating Profit Margin
(Profitability)

(Net Farm Income + Interest Expense) ÷ Gross Farm Income
-26.6%
-7.9%
-5.6%
Return on Assets
(Profitability)
(Net Farm Income + Interest Expense) ÷ Total Assets
-2.8%
-1.0%
-0.7%
Asset Turnover
(Efficiency)
Gross Farm Income ÷ Total Assets
0.10
0.13
0.13
Current Ratio
(Liquidity)
Current Assets ÷ Current Liabilities
0.97
1.70
3.89
Debt to Equity
(Solvency)
Total Liabilities ÷ Equity
0.27
0.16
0.06
Debt Repayment Capacity
(Repayment Capacity)
Cash Available for Debt Servicing ÷ Committed Interest & Principal payments
0.51
1.15
2.03

 

Profitability measures how well the business is able to generate a profit.
Financial efficiency refers to how effective the business is at using its assets to generate income.
Liquidity assesses your ability to pay your bills as they come due.
Solvency determines how much you are relying on debt to finance the business.
Repayment Capacity measures the ability of a borrower to repay term farm debt from farm and non-farm income.

 

Key Performance Indicators - 2007

 

The cow calf study is looking for key performance indicators and management factors which contribute to success.
The past 2 years of data have identified 3 Key Performance Indicators:

1.Gross return per calf weaned,
2. Feeding management and
3. Mortality.

 

Key Performance Indicators Low 14 Farms Avg 41 FArms High 14 Farms
1. Gross return per calf weaned
$451.39
$587.55
$652.80
2. Feed cost per cow
$590.46
$505.21
$427.17
2. Feed cost per calf weaned
$693.56
$559.48
$464.00
3. Calves weaned per cow
0.85
0.90
0.92

 

Formulas Used to Calculate Resource Performance

  1. Net Farm Income = Total Farm Revenue - Total Farm Expenses. It is the Return to the Unpaid Family Labour, Operators Labour and Management, and Equity Capital Invested.
  2. Owner's Equity = Total Farm Assets - Total Liabilities
  3. % equity = (Equity ÷ Total Farm Assets) x 100
  4. Return on Owner's Equity and Unpaid Labour = (Net Farm Income ÷ Owner's Equity) x 100
  5. Return on Owner's Assets and Unpaid Labour = ((Net Farm Income + Interest Paid) ÷ Total Farm Assets) x 100
  6. Return on Investment ($36,000/Person) = ((Net Farm Income + Int Pd + Wages & Salaries - ($36,000 x Person Equiv)) ÷ Total Farm Assets) x 100
  7. Return to Owner's Labour (5% Investment Rate) = Net Farm Income + Interest Paid - (.05 x Total Farm Assets)
  8. Value of Farm Production = Total Farm Revenue - (Lvstk + Feed Purchased)
  9. Cost/$1.00 (VFP) = (Total Expenses - Depreciation - Feed Purchased - Livestock Purchased) ÷ Value of Farm Production
  10. Asset Turnover = Total Farm Revenue ÷ Total Farm Assets
  11. Cost Control = (Net Farm Income ÷ Total Farm Revenue) x 100
  12. Working Capital = Current Assets - Current Liabilities
  13. Current Ratio = (Current Assets ÷ Current Liabilities) : 1
  14. Debt Structure = (Current Liabilities ÷ Total Liabilities) x 100
  15. Debt to Asset Ratio = (Total Liabilities ÷ Total Farm Assets) : 1
  16. Debt to Equity Ratio = (Total Liabilities ÷ Owners Equity) : 1

     

    Whole Farm Income Statement

     

    Revenue

      Low 14 Farms Avg 41 Farms High 14 Farms
    Market Livestock
    16,822
    41,430
    36,636
    Feeder Livestock
    17,318
    30,161
    49,967
    Breeding Stock
    5,873
    5,414
    6,532
    Cull Stock
    6,030
    5,311
    5,209
    Other Livestock
    562
    4,869
    3,349
    Crop Sales
    42,919
    28,398
    18,408
    Custom Work
    5,058
    5,094
    3,764
    Other Sales
    13,308
    28,807
    60,357
    Total Cash Revenue
    $107,890
    $149,484
    $184,222
    Change in Accounts Receivable
    85
    -357
    -1,072
    Changes in Inventory
    -3,244
    -9,168
    -22,772
    Total Farm Revenue
    $104,731
    $139,959
    $160,378

     

    Expenses

    Variable Expenses Low 14 Farms Avg 41 Farms High 14 Farms
    Livestock - Purchased Livestock
    6,601
    19,075
    14,180
    Pur. Feed-Conc., Grain & Forage
    12,155
    22,242
    34,352
    Animal Health & Breeding
    3,725
    4,919
    7,932
    Other (lvsk Stabztn, Barn Sppls)
    2,764
    1,516
    990
    Crop Inputs - Seed & Plants
    6,604
    5,570
    5,313
    Fertilizer & Lime
    11,849
    10,161
    10,602
    Pesticides & Other Chemicals
    3,604
    2,229
    461
    Containers and Twine
    1,001
    1,143
    1,206
    Other (Lvsk Stabztn, Barn Sppls)
    3,514
    1,879
    755
    Marketing & Transportation Costs
    1,583
    2,877
    3,587
    Custom Work, Equipment Rent
    11,248
    6,678
    5,071
    Hired Labour
    2,982
    6,288
    11,499
    Machinery & Equipment - Fuel & Oil
    5,186
    7,539
    9,143
    Machinery & Equipment - Repairs
    6,505
    7,445
    8,857
    Motor Vehicle Expenses
    3,262
    2,856
    2,333
    Building, Fence Repairs
    8,476
    4,885
    3,683
    Heating Fuel
    113
    224
    183
    Electricity & Telephone
    2,791
    3,531
    4,583
    Accounting, Office Expenses
    1,569
    1,645
    2,246
    Interest (Operating)
    2,376
    1,845
    1,499
    Other Cash Operating Expenses
    7,347
    5,965
    7,299
    Change in Payables
    -1,522
    -480
    -131
    Total Variable Expenses
    $103,733
    $120,032
    $135,643
    Contribution Margin
    $998
    $19,927
    $24,735

     

    Fixed Expenses

      Low 14 Farms Avg 41 Farms High 14 Farms
    Property Taxes, Fire & Liab. Ins.
    5,066
    5,854
    6,797
    Lease & Rent Payments
    4,092
    5,048
    6,318
    Interest (Term)
    9,118
    6,600
    2,427
    Change in Interest Arrears
    0
    0
    0
    Depreciation
    22,468
    22,142
    22,022
    Total Fixed expenses
    40,736
    39,644
    37,564
    Total Expenses
    144,469
    459,676
    173,207
    - Less Personal Share of Expenses
    -405
    -278
    0
    Total Farm Expenses
    $144,064
    $159,398
    $173,207
    Net Farm Income
    -$39,333
    -$19,439
    -$12,829

     

    Beef Enterprise Report (per cow basis)


    Revenue

      Low 14 Farms Avg 41 Farms High 14 Farms
    Market Livestock
    $0.00
    $5.57
    $0.00
    Feeder Livestock
    451.39
    530.55
    600.98
    Breeding Livestock
    65.68
    48.73
    53.45
    Cull Stock
    101.86
    63.58
    42.58
    Livestock Stabilization
    0.00
    0.53
    1.06
    Other Livestock Enterprise Sales
    1.52
    6.06
    0.19
    - Livestock Purchased
    -88.72
    -66.56
    -42.91
    + Inventory Change
    -79.24
    -28.41
    -15.00
    + Change in Receivable
    -2.50
    0.24
    1.77
    Enterprise Production
    $449.98
    $560.29
    $642.13

     

    Variable Expenses

    Livestock Expenses Low 14 Farms Avg 41 Farms High 14 Farms
    Purchased feed & grain
    98.34
    74.06
    60.86
    Purchased forages
    6.94
    27.75
    38.75
    Home-grown grains transferred
    29.30
    21.62
    21.73
    Home-grown forages transferred
    455.88
    381.78
    305.84
    Total Feed Cost
    $590.46
    $505.21
    $427.17
    Animal Health & Breeding
    61.32
    40.38
    33.86
    Other (Stabilization, Supplies)
    43.36
    16.74
    7.66
    Marketing, Transportation
    17.42
    15.90
    15.72
    Custom Work, Equipment Rent
    19.81
    11.53
    9.40
    Hired Labour
    35.37
    17.49
    14.64
    Machinery & Equipment - Fuel & Oil
    33.45
    25.98
    22.26
    Machinery & Equipment - Repair
    39.21
    22.89
    14.03
    Motor Vehicle Expenses
    31.08
    13.46
    5.71
    Building, Fence Repairs
    61.22
    26.28
    12.43
    Heating Fuel
    1.08
    1.01
    0.29
    Electricity & Telephone
    22.40
    16.62
    12.73
    Accounting, Office Expenses
    16.79
    9.58
    7.58
    Interest - Operating
    17.01
    9.77
    6.33
    Other Cash Variable Expenses
    27.96
    15.28
    8.67
    Change in Payables
    -19.53
    -4.83
    0.60
    Total Variable Expenses
    $998.40
    $743.29
    $599.09
    Contribution Margin
    -$548.42
    -$183.00
    $43.04

     

    Fixed Expenses

      Low 14 Farms Avg 41 Farms High 14 Farms
    Property Taxes, Fire & Liab. Ins
    40.07
    26.55
    17.09
    Lease & Rent Payments
    5.41
    9.81
    10.61
    Interest - Term
    61.72
    19.72
    3.49
    Depreciation
    152.77
    88.47
    43.78
    Total Field Expenses
    259.97
    144.55
    74.97
    Total Enterprise Expenses
    $1,258.37
    $887.84
    $674.05
    Net Enterprise Income
    -$808.39
    -$327.56
    -$31.93

     

    Beef Enterprise Report (per calf weaned basis)

      Low 14 Farms Avg 41 Farms High 14 Farms
    Market Livestock
    $0.00
    $6.17
    $0.00
    Feeder Livestock
    530.20
    587.55
    652.80
    Breeding Livestock
    77.14
    53.97
    58.06
    Cull Stock
    119.64
    70.41
    46.25
    Livestock Stabilization
    0.00
    0.58
    1.16
    Other Livestock Enterprise Sales
    1.79
    6.71
    0.20
    - Livestock Purchased
    -104.21
    -73.71
    -46.60
    + Inventory Change
    -93.08
    -31.46
    -16.29
    + Change in Receivables
    -2.94
    0.27
    1.92
    Enterprise Production
    $528.55
    $620.48
    $697.49

     

    Livestock Expenses Low 14 Farms Avg 41 Farms High 14 Farms
    Purchased feed & grain
    115.52
    82.02

    66.11

    Purchased forages
    8.15
    30.73
    42.09
    Home-grown grains transferred
    34.41
    23.94
    23.60
    Home-grown forages transferred
    535.48
    422.79
    332.21
    Total Feed Cost
    $693.56
    $559.48
    $464.00
    Animal Health & Breeding
    72.02
    44.72
    36.78
    Other (Stabilization, Supplies)
    50.93
    18.54
    8.32
    Marketing, Transportation
    20.46
    17.61
    17.08
    Custom Work, Equipment Rent
    23.27
    12.77
    10.21
    Hired Labour
    41.55
    19.36
    15.90
    Machinery & Equipment - Fuel & Oil
    39.29
    28.77
    24.18
    Machinery & Equipment - Repair
    46.05
    25.34
    15.24
    Motor Vehicle Expenses
    36.51
    14.91
    6.20
    Building, Fence Repairs
    71.90
    29.10
    13.50
    Heating Fuel
    1.27
    1.11
    0.31
    Electricity & Telephone
    26.31
    18.41
    13.83
    Accounting, Office Expenses
    19.72
    10.61
    8.23
    Interest - Operating
    19.98
    10.82
    6.88
    Other Cash Variable Expenses
    32.84
    16.92
    9.42
    Change in Payables
    -22.94
    -5.34
    0.65
    Total Variable Expenses
    $1,172.73
    $823.14
    $650.74
    Contribution Margin
    -$644.17
    -$202.66
    $46.75

     

      Low 14 Farms Avg 41 Farms High 14 Farms
    Property Taxes, Fire & Liab. Ins
    47.06
    29.40
    18.57
    Lease & Rent Payments
    6.35
    10.86
    11.52
    Interest - Term
    72.50
    21.84
    3.79
    Depreciation
    179.44
    97.97
    47.56
    Total Field Expenses
    305.36
    160.08
    81.43
    Total Enterprise Expenses
    $1,478.08
    $983.22
    $732.17
    Net Enterprise Income
    -$949.53
    -$362.74
    -$34.68

     

    Farm Balance Sheet (assets at estimated value)

    Farm Assets

    Current Assets
    Low 14 Farms Avg 41 Farms High 14 Farms
    Cash (on hand and in bank)
    5,026
    9,522
    16,683
    Accounts Receivable
    1,341
    1,239
    1,477
    Market & Feeder Livestock
    15,512
    48,238
    58,074
    Home-grown Crops
    34,141
    32,550
    30,558
    Purchased Feed & Supplies
    4,600
    3,951
    6,052
    Other Current Assets
    0
    0
    0
    Total Current Assets
    $60,620
    $95,500
    $112,844

     

    Long Term Assets
    Low 14 Farms Avg 41 Farms High 14 Farms
    Breeding Livestock
    75,602
    95,081
    135,028
    Market Quota
    0
    0
    0
    Field Machinery
    132,945
    147,406
    168,188
    Barn Equipment
    3,795
    7,744
    11,726
    Farm Buildings
    188,788
    186,991
    191,293
    Land
    466,190
    437,847
    503,361
    Other Long Term Assets
    73,169
    76,744
    90,510
    Total Long Term Assets
    $940,489
    $951,813
    $1,100,106
    Total Farm Assets
    $1,001,109
    $1,047,313
    $1,212,950

     

    Liabilities
    Low 14 Farms Avg 41 Farms High 14 Farms
    Accounts Payable
    274
    653
    670
    Interest Arrears
    0
    0
    0
    Operating Credit
    50,388
    44,387
    21,616
    Current Portion of Term Debt
    11,905
    11,157
    6,698
    Total Current Liabilities
    $62,567
    $56,197
    $28,984
    Term Debt
    149,331
    89,792
    37,818
    Total Farm Liabilities
    $211,898
    $145,989
    $66,802
    Equity in Farm Business
    $789,211
    $901,324
    $1,146,148

     

    Measures of Financial Strength (from the balance sheet at year end)

    Low 14 Farms Avg 41 Farms High 14 Farms
    Percent Equity
    78.83%
    86.06%
    94.4%
    Working Capital
    -$1,947
    $39,303
    $83,860
    Current Ratio xx:1
    0.97
    1.70
    3.89
    Debt Structure
    29.53%
    38.49%
    43.39%
    Debt to Asset Ratio xx:1
    0.21
    0.14
    0.06
    Debt to Equity Ratio xx:1
    0.27
    0.16
    0.06

     

    Farm Business Analysis Section

    Measures of Performance Efficiency
    Low 14 Farms Avg 41 Farms High 14 Farms
    Asset Turnover
    0.10
    0.13
    0.13
    Value of Farm Production
    $85,975
    $98,642
    $111,846
    Cost per dollar of VFP
    $1.20
    $0.97
    $0.92
    Cost Control Index
    -37.6%
    -13.9%
    -8.0%
    Operating Profit Margin
    -26.6%
    -7.9%
    -5.6%

     

    Expenses & NFI Relative to VFP
    Low 14 Farms Avg 41 Farms High 14 Farms
    (Adj. Prod. Cst. - Int)/VFP
    106.3%
    88.7%
    88.3%
    Depreciation / VFP
    26.1%
    22.4%
    19.7%
    Interest / VFP
    13.4%
    8.6%
    3.5%
    Net Income / VFP
    -45.7%
    -19.7%
    -11.5%
    Interest & Principal / VFP
    23.6%
    17.8%
    9.9%

     

    Measures of Profitability
    Low 14 Farms Avg 41 Farms High 14 Farms
    Net Farm Income
    -$39,333
    -$19,439
    -$12,829
    Return on Total Assets
    -2.78%
    -1.05%
    -0.73%
    Return to Equity
    -4.98%
    -2.16%
    -1.12%
    Return on Investment (at $36000 per person)
    -6.80%
    -5.26%
    -3.94%
    Return to Owners Labour (at 5.0% investment rate)
    -$77,902
    -$63,360
    -$69,551

     

    Low 14 Farms Avg 41 Farms High 14 Farms
    Farm Labour (person eq.)
    1.2
    1.4
    1.4

     

    Debt Servicing Capacity Analysis

    Low 14 Farms Avg 41 Farms High 14 Farms
    Cash Revenue minus Cash Expenses
    -$15,633
    $11,470
    $32,906
    plus Interest Payment
    11,486
    8,445
    3,926
    plus Non-farm Revenue
    23,929
    13,038
    963
    minus Owners Withdrawals & Income Tax
    -8,812
    -12,216
    -16,462
    Cash Avail. for Debt Serv. and Cap. Purc.
    $10,970
    $20,737
    $21,333
    minus committed Interest & Principal*
    -21,512
    -18,046
    -10,526
    minus Reserve for Capital Purchases (Depreciation)
    -22,468
    -22,142
    -22,022
    Available After Reserve to Service Additional Debt
    -$33,010
    -$19,451
    -$11,215

     

    Physical Summary for the Beef Cow Enterprise

    Low 14 Farms Avg 41 Farms High 14 Farms
    Average Number of Cows
    59.2
    83.5
    122.2
    Calves Born
    55.0
    80.0
    118.0
    Calves Died
    6.0
    5.0
    6.0
    Calves Weaned
    50.4
    75.4
    112.5
    Calves Born per Cow
    0.9
    1.0
    1.0
    Calves Weaned per Cow
    0.9
    0.9
    0.9
    Average Cows per Person (Enterprise)
    98.7
    139.2
    203.7
    Average Cows per Person (Whole Farm)
    49.3
    59.6
    87.3

     

    Crop Enterprise Report (per tillable acre basis)

    Revenue
    Low 14 Farms Avg 41 Farms High 14 Farms
    Wheat
    $39.79
    $19.46
    $3.70
    Spring Grains
    15.66
    6.80
    0.00
    Grain Corn
    17.94
    16.58
    22.50
    Soybeans
    13.72
    15.25
    11.20
    Forage
    10.85
    5.28
    1.18
    Fruits
    0.00
    3.09
    0.00
    Vegetables
    0.00
    0.00
    0.00
    Homegrown Seed
    0.39
    0.55
    1.10
    Other Crops Sales
    14.47
    5.81
    2.63
    Crop Insurance
    7.02
    3.69
    0.74
    Crop Stabilization
    0.82
    1.03
    1.68
    Value Grains Fed to Livestock
    7.38
    17.92
    27.07
    Value Forages Fed to Livestock
    83.23
    101.98
    97.25
    + Inventory change
    11.14
    -4.21
    -23.01
    + Change in receivables
    -0.20
    -0.62
    -0.47
    Value of Enterprise Production
    $222.21
    $192.63
    $145.56

     

    Expenses

Variable Expenses
Low 14 Farms Avg 41 Farms High 14 Farms
Seed & Plants
18.57
15.21
12.91
Fertilizer & Lime
33.31
27.75
25.76
Pesticides & Other Chemicals
10.13
6.09
1.12
Containers and Twine
2.81
3.12
2.93
Other (Stabztn, Insurance Etc.)
9.88
5.13
1.83
Marketing & Transportation
1.32
1.33
1.92
Custom Work, Equipment Rent
26.61
13.45
5.95
hired Labour
2.45
5.80
6.92
Machinery & Equipment - Fuel & Oil
8.40
13.11
14.83
Machinery & Equipment - Repair
10.33
12.69
13.76
Motor Vehicle Expenses
2.35
2.83
2.52
Building, Fence Repairs
2.32
1.74
1.56
Heating Fuel
0.06
0.12
0.10
Electricity & Telephone
1.71
1.89
1.24
Accounting, Office Expenses
0.77
1.21
1.52
Interest (Operating)
2.45
1.77
0.72
Other Variable Cash Expenses
13.01
9.37
10.41

Change in Payables

0.00
0.39
0.00

Total Variable Expenses

$146.49
$123.00
$105.99

Contribution Margin

$75.71
$69.62
$39.58

 

Fixed Expenses
Low 14 Farms Avg 41 Farms High 14 Farms
Property Taxes, Fire & Liability Insurance
6.49
6.30
6.01
Lease & Rent Payments
8.55
9.51
8.65
Interest (Term)
14.01
13.06
4.83
Depreciation
37.74
40.17
40.18
Total Fixed Expenses
$66.79
$69.04
$59.66
Total Expenses
$213.28
$192.04
$165.65
Net Enterprise Income
$8.93
$0.59
-$20.09

 

Crops Grown and Fed Report

Crop Acres & Yields

    Crop
    Low 14 Farms Avg 41 Farms High 14 Farms
    Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre
    Wheat
    51.9
    66.6
    1.3
    24.8
    29.5
    1.2
    3.6
    2.6
    0.7
    Spring grains
    22.4
    24.8
    1.1
    19.1
    19.9
    1.0
    15.4
    14.6
    0.9
    Grain Corn
    29.1
    67.4
    2.3
    21.7
    56.1
    2.6
    20.2
    67.3
    3.3
    Soybeans
    14.4
    11.6
    0.8
    18.3
    9.2
    0.5
    19.6
    2.0
    0.1
    Straw
    xxx.x
    9.4
     
    xxx.x
    16.1
     
    xxx.x
    10.2
     
    Other Crop
    11.6
    8.9
    0.8
    7.1
    9.9
    1.4
    3.2
    11.6
    3.6
    Other Crop
    4.3
    5.7
    1.3
    3.2
    10.6
    3.3
    0.9
    1.4
    1.6
    Corn Silage
    0.4
    4.0
    10.0
    7.2
    107.0
    14.9
    6.6
    75.0
    11.4
    Hay
    137.8
    220.4
    1.7
    159.5
    272.5
    1.8
    189.0
    304.7
    1.8
    Haylage
    xxx.x
    34.1
      
    xxx.x
    34.7
      
    xxx.x
    58.4
      
    Tillable Pasture
    84.0
     
     
    105.1
     
     
    153.0
     
     
    Rough Pasture
    39.6
     
     
    91.3
     
     
    72.2
     
     
    Non Crop Land
    22.7
     
     
    124.2
     
     
    114.4
     
     
    Total Acres
    418.2
     
     
    581.5
     
     
    598.1
     
     
    Tillable Acres Report
    355.7
     
     
    366.2
     
     
    411.6
     
     

 

Total Feed Fed and Feed Allocated to the Livestock Enterprise

      Crop
      Low 14 Farms Avg 41 Farms High 14 Farms
      Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre
      Wheat
      0
      0
      0
      2
      372
      4
      4
      1,091
      9
      Spring grains
      6
      771
      13
      5
      705
      8
      5
      678
      6
      Grain Corn
      6
      930
      16
      3
      388
      5
      1
      171
      1
      Soybeans
      0
      33
      1
      0
      0
      0
      0
      0
      0
      Straw
      22
      1,962
      33
      18
      1,656
      20
      9
      837
      7
      Other Crop
      0
      0
      0
      3
      341
      4
      7
      715
      6
      Other Crop
      6
      342
      6
      2
      144
      2
      1
      84
      1
      Corn Silage
      18
      648
      11
      43
      1,548
      19
      31
      1,116
      9
      Hay
      235
      17,618
      298
      253
      18,990
      227
      274
      20,513
      168
      Haylage
      37
      2,041
      34
      39
      2,162
      26
      73
      4,015
      33
      Tillable Pasture
      64
      3,858
      65
      100
      5,994
      72
      154
      9,264
      76
      Rough Pasture
      21
      520
      9
      55
      1,385
      17
      62
      1,545
      13
      Total
       
      28,722
      485
       
      33,684
      403
      40,029
      328

 

Crop and Livestock Enterprise Investment

       

      Allocated Investment from the Balance Sheet
      (year end values)
      Low 14 Farms Avg 41 Farms High 14 Farms
      Crops per Acre Lvsk per Cow Crops per Acre Lvsk per Cow Crops per Acre Lvsk per Cow
      Home Grown Crops & Supplies
      102
      13
      93
      16
      79
      24
      Feeder & Market Livestock
       
      177
       
      232
       
      253
      Breeding Stock
       
      1,277
       
      1,110
       
      1,048
      Market Quota
      0
      0
      0
      0
      0
      0
      Machinery & Equipment
      374
      64
      400
      82
      409
      75
      Land & Farm Buildings
      1,411
      2,162
      1,305
      1,397
      1,329
      856
      Enterprise Assets/Unit
      1,887
      3,704
      1,798
      2,842
      1,817
      2,261
      Total Enterprise Assets
      671,378
      219,261
      658,453
      237,341
      747,800
      276,235
      Debt per Acre & per Cow
      596
      3,579
      399
      1,748
      162
      547

For more information:
Toll Free: 1-877-424-1300
E-mail: ag.info.omafra@ontario.ca
Author: John Molenhuis, Cost of Production and Program Lead/OMAFRA
Creation Date: 12 January 2010
Last Reviewed: 12 January 2010