In This Section

Topics

Ontario Beef Cow Summary 2006

Author: John Molenhuis - Business Analysis and Cost of Production Program Lead/OMAFRA
Creation Date: 26 May 2008
Last Reviewed: 26 May 2008

Table of Contents

  1. Introduction
  2. General Layout of the Beef Report
  3. Assumptions and Definitions
  4. Suggested Feed Inventory and Transfer Values
  5. Summary of Ontario Beef Cow Farms - 5 year Summary
  6. Summary of Ontario Beef Cow Farms - Farm Income Statement
  7. Summary of Ontario Beef Cow Farms - Farm Balance Sheet
  8. Summary of Ontario Beef Cow Farms - Beef Cow Enterprise Report (per cow basis)
  9. Summary of Ontario Beef Cow Farms - Beef Cow Enterprise Report (per tillable basis)
  10. Summary of Ontario Beef Cow Farms - Crops Grown and Fed Report (crop acres and yields)

Introduction

Purpose of the Program

The Ontario Farm Management Analysis Program (OFMAP) is a co-operative effort of farmers and staff of the Ontario Ministry of Agriculture, Food and Rural Affairs.

The primary purpose of the Project is to provide management information to farmers. With financial and production reports, the farmer is better able to:

  • identify profitability, strengths and weaknesses, and efficiency of the farm business.
  • compare with budgeted plans for this year and with previous years results.
  • analyze trends over a period of years.
  • compare the farm business to group averages of similar farms.

The secondary purpose of the Program is to obtain, store and utilize data for the preparation of group reports on a county, regional or provincial basis.

Purpose of this Report

The purpose of this report is to present financial and physical information for beef cow farms in Ontario. Farmers can compare the results of their business records with group averages. It should be noted, however, that averages presented in this report do not necessarily represent ideal levels of performance. They should be used to provide an indication of the performance of similar business operations. This comparison by operators of individual farm performance to group performance may suggest ways of increasing the profitability of their farms. Farmers who have participated in OFMAP will most easily be able to compare their costs and returns on a unit basis eg. per cow.

The information is also used by many to budget changes in size of an enterprise or to add a new enterprise. This will help with the preparation of a business plan and a credit application.

Anyone wishing to participate in OFMAP is encouraged to contact the Ontario Ministry of Agriculture, Food and Rural Affairs at
1-877-424-1300 or ag.info@ontario.ca

Basis of Classification

Farms were selected based on the size of the enterprise and the detail of information recorded in their records. The minimum size to be included in this report for each enterprise is shown below:

Beef Cow - Farms with more than 25 cows (farms may sell calves, yearlings or finished stock)

* Note Regarding the Summaries
Data from individual farms are checked for accuracy. Farms are included in the averages if they meet the selection criteria. Because the records are provided by interested producers, a random sampling procedure has not been used.

| Top of Page |

General Layout of the Beef Cow Report

  1. The section cover with graphical highlights of the trend reports.
  2. The inside cover with the five-year trend report in a graphical and a tabular format.
  3. The Farm Income Statement.
  4. The Farm Balance Sheet and Measurements of Financial Strength.
  5. The Farm Business Analysis Section including measure of performance, efficiency, cost control, profitability, debt servicing capacity and the main enterprise summary.
  6. The Livestock Enterprise Reports with unit and general analysis.
  7. Crop Enterprise Reports.
  8. Crop Average and Yields, Feed Costs, Investment Summary.

| Top of Page |

Formulas Used to Calculate Resource Performances

  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 Liabiliaties
  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. Capital Turnover (VFP) = (Total Farm Assets ÷ Value of Farm Production) = Years
  11. Cost Control = (Net Farm Income ÷ Total Farm Revenue) x 100
  12. Working Capital = Current Assets - Current Liabilities
  13. Current Ratio = (Current Assets ÷ Currernt 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

Notes:

  1. Additional information on the various performance criteria present may be found in the OMAFRA publication #379 - "Money Matters".
  2. Re Formula 4 and 5:
    Imputed value for operator person equivalents was not deducted. Hence, these formulas reflect a return to labour and/or investment, whereas in formula 6 an allowance for labour was made.
  3. Re Formula 6: Return on Investment
    The portion of this formula that reads "Wages and Salaries minus ($36,000 x Person Equivalents)" is used to allow both sole proprietorships (where usually no operator wages are paid) and corporations (where operator labour may be included as wages paid) to be included. The $36,000 is simply a standard figure. Other amounts could be substituted by the reader as desired.
  4. Re Formula 7: Labour Income
    In calculating labour income, a figure of 5% return on total assets was used which permits year-to-year comparisons of management information.
  5. Debt Servicing Capacity
    The calculation of the average amount available for debt servicing is provided for each commodity group. (Debt Servicing Capacity is more fully explained in "Money Matters"). In this calculation depreciation was used as a proxy for "Reserve for Asset Acquisition".

| Top of Page |

Assumptions and Definitions

Farm Selection

The low one third and the average and the high one-third of farms were selected on the basis of net farm income.

Calculation of Management Factors

Person Equivalents = an approximation of the number of full-time people actively participating in the operation of the farm.

Inventory Valuation and Transfer Value of Home-Grown Feed

The unit values shown below are suggested values for calculating beginning and ending inventories. Transfer values were used for estimating costs for home-grown feed.

| Top of Page |

Suggested Feed Inventory and Transfer Values 2006

Crop Beginning Transfer Ending
$ per tonne $ per bushel $per tonne $ per bushel $ per tonne $ per bushel
Oats
120
1.85
128
1.97
135
1.85
Barley
120
2.61
128
2.79
135
2.61
Soybeans
240
6.53
250
6.80
260
6.53
Shelled Corn
110
2.79
130
3.30
150
2.79
Mixed Grains
110
2.00
113
2.05
115
2.00
Feed Wheat
144
3.92
165
4.49
485
3.92
Hay
75
75
75
Straw
90
90
90
Corn Silage
30
33
35
Haylage
55
55
55
Grainlage
30
33
35
Pasture
60
Rough Pasture
25

| Top of Page |

Summary of Ontario Beef Cow Farms - 5 Year Summary

Farm Income Statement
 
 2002 2003 2004 2005 2006
Total Cash Revenue
 $83,123 $58,894 $85,204 $94,779 $158,374
Total Farm Revenue
 96,679 69,147 91,057 101,534 169,450
Total Cash Expenses
 $69,668 $56,865 $71,743 $85,510 $134,396
Change in Current Payables
 78 -446 76 -199 -312
Depreciation
 17,348 15,830 15,749 16,528 24,625
Total Farm Expenses
 87,009 72,249 87,568 101,839 158,709
Net Farm Income
 $9,670 -$3,102 $3,489 -$305 $10,741

Farm Balance Sheet (Year End)
  2002 2003 2004 2005 2006
Total Assets
 $524,995 $559,809 $567,583 $581,853 $1,091,881
Total Liabilities
 83,388 80,640 72,135 100,682 152,565
Equity in Farm Business
 $491,607 $479,169 $495,448 $481,171 $939,316
Percent Equity
 85.5% 85.6% 87.3% 82.7% 86.3%
Net Capital Purchases (-Sales)
 19,582 22,206 14,923 13,354 35,082
Net Withdrawals (-Contributions)
 3,810 -10,600 -6,992 -6,182 11,995

Farm Business Analysis Section
  2002 2003 2004 2005 2006
Return on Investment
 -3.9% -5.9% -4.7% -4.9% -2.2%
Capital Turnover VFP (years)
 7.3 10.2 7.7 6.9 8.3
Cost Control Index
 10.0% -4.5% 3.8% -0.3% 6.3%
Current Ratio :1
 3.0 3.2 3.2 2.1 2.3
Working Capital
 $60,217 $52,977 $56,778 $40,344 $69,045
Debt Servicing Capacity
 $4,300 $916 $8,903 $4,511 -$4,711
Term & Operating Interest Paid
 $4,383 $4,166 $4,229 $5,697 $7,485

Value of Farm Production Analysis
  2002 2003 2004 2005 2006
Cost per Dollar of VFP
 $0.66 $0.77 $0.74 $0.81 $0.73
Value of Farm Production
 $79,176 $55,142 $73,953 $84,625 $131,478
(Adj Op. Cost - Int.) / VFP
 60.3% 69.4% 68.3% 74.1% 67.4%
Depreciation / VFP
 21.9% 28.7% 21.3% 19.5% 18.7%
Interest / VFP
 5.5% 7.6% 5.7% 6.7% 5.7%
Net Farm Income / VFP
 12.2% -5.6% 4.7% -0.4% 8.2%

Crop Enterprise Report
   2002 2003 2004 2005 2006
Tillable Acres
 480 347 434 435 424
Debt per Tillable Acre
 $174 $233 $166 $231 $360
Machinery & Equip Repair / Acre
 $7.93 $9.56 $9.19 $8.84 $12.96
Val of Enterprise Production / Acre
 $117.30 $127.76 $113.61 $126.08 $193.03
Variable Expenses / Acre
 44.57 56.23 54.65 58.85 107.36
Depreciation / Acre
 27.47 33.69 26.96 27.82 39.18
Fixed Expenses / Acre
 34.37 43.27 35.84 38.68 58.10
Net Enterprise Income / Acre
 38.36 28.26 23.12 28.56 27.58
Total Crop Enterprise Income
 $18,394 $9,795 $10,029 $12,426 $11,694

Livestock Enterprise Report
  2002 2003 2004 2005 2006
Value of Enterprise Prod'n / Cow
 $799.11 $600.29 $728.20 $683.63 $727.18
Feed Cost / Cow
 666.53 570.86 541.20 640.88 517.50
Variable Expenses / Cow
 905.90 771.14 781.63 932.19 760.46
Depreciation / Cow
 50.46 58.62 47.69 54.37 63.54
Fixed Expenses / Cow
 111.34 123.32 113.09 133.33 114.64
Net Enterprise Income / Cow
 -218.13 -294.17 -166.51 -381.88 -147.92
Total Livestock Enterprise Income
 $18,061 -$20,442 -$14,170 -$31,009 -$14,126
Average Number of Cows
 82.8 69.5 85.1 81.2 95.5
Total Calves Born
 78 63 80 74 92
Calves Born per Cow
 0.9 0.9 0.9 0.9 1.0
Avg Cows per Person (Enterprise)
 138.0 139.0 141.8 135.3 159.2
Avg Cows per Person (Farm)
 75.3 69.5 77.4 81.2 68.2

 

| Top of Page |

Summary of Ontario Beef Cow Farms

Farm Income Statement
 
 Low 15 Farms Avg 43 Farms High 15 Farms
Revenue
Market Livestock
12,485
44,367
48,230
Feeder Livestock
26,046
45,116
68,101
Breeding stock
2,097
1,799
2,139
Cull stock
3,610
4,922
6,643
Other livestock
4,459
7,373
12,836
Crop sales
23,267
24,538
31,014
Custom work
3,985
4,327
6,092
Other Sales
7,563
25,932
58,492
Total Cash Revenue
$83,512
$158,374
$233,547
Change in Accounts Receivable
-1,937
216
2,131
Changes in Inventory
1,076
10,860
18,858
Total Farm Revenue
$82,651
$169,450
$254,536
Expenses - Variable Expesnes
Livestock - Purchased Livestock
2,882
22,072
12,119
Pur. Feed - Conc., Grain & Forage
7,455
15,900
23,718
Animal Health & Breeding
3,387
5,019
7,528
Other (lvsk Stabztn, Barn Sppls)
756
1,342
880
Crop Inputs - Seeds & Plants
2,584
4,486
6,579
Fertilizer & Lime
6,846
9,860
15,225
Pesticides & Other Chemicals
1,639
1,959
2,708
Containers and Twine
1,199
1,555
1,412
Other (Stabztn, Insurance Etc.)
993
1,102
1,563
Marketing & Tansportation Costs
1,641
3,928
6,700
Custom Work, Equipment Rent
5,476
5,190
5,347
Hired Labour
3,602
8,127
16,345
Machinery & Equipment - Fuel & Oil
7,138
8,891
10,532
Machinery & Equipment - Repairs
8,252
8,341
8,634
Motor Vehicle Expenses
2,522
2,793
3,564
Building, Fence Repairs
3,448
3,888
4,477
Heating Fuel
106
137
233
Electricity & Telephone
2,734
3,621
5,680
Accounting, Office Expenses
1,400
1,547
1,797
Interest (Operating)
1,859
2,979
3,908
Other Cash Operating Expenses
5,651
6,231
9,570
Change in Payables
-1,046
-312
508
Total Variable Expenses
$70,524
$118,656
$149,027
Contribution Margin
$12,127
$50,794
$105,509
Expenses - Fixed Expenses
Property Taxes, Fire & Liab. Ins.
5,796
6,451
8,282
Lease & Rent Payments
3,839
4,655
6,665
Interest (Term)
7,215
4,506
3,249
Change in Interest Arrears
0
0
0
Depreciation
25,330
24,625
23,589
Total Fixed Expenses
42,180
40,237
41,785
Total Expenses
112,704
158,893
190,812
-Less Personal Share of Expenses
-50
-184
-467
Total Farm Expenses
$112,654
$158,709
$190,345
Net Farm Income
-$30,003
$10,741
$64,191

| Top of Page |

Summary of Ontario Beef Cow Farms - Farm Balance Sheet (Assets at Estimated Value)

 
  Low 15 Farms Avg 43 Farms High 15 Farms
Current Assets:
Cash (On hand and in bank)
9,640
10,770
16,099
Accounts Receivable
1,419
3,143
4,348
Market & Feeder Livestock
17,060
62,520
88,399
Home-Grown Crops
30,073
41,907
56,123
Purchased Feed & Supplies
1,238
3,674
4,209
Other Current Assets
0
0
0
Total Current Assets
$59,430
$122,014
$169,178
Long Term Assets
Breeding Livestock
76,555
112,434
167,280
Market Quota
0
0
0
Field Machinery
148,187
152,663
175,061
Barn Equipment
4,967
7,802
10,293
Farm Buildings
222,953
185,448
118,223
Land
323,831
434,017
471,523
Other Long Term Assets
75,654
77,503
94,244
Total Long Term Assets
$852,147
$969,867
$1,036,624
Total Farm Assets
$911,577
$1,091,881
$1,205,802
Liabilities
Accounts Payable
2,047
1,798
2,683
Interest Arrears
0
0
0
Operating Credit
23,982
39,694
35,399
Current Portion of Term Debt
11,355
11,477
12,661
Total Current Liabilities
$37,384
$52,969
$50,743
Term Debt
113,359
99,596
94,935
Total Farm Liablilities
$150,743
$152,565
$145,678
Equity in Farm Business
$760,834
$939,316
$1,060,124
Measures of Financial Strength (from the balance sheet at year end)
Percent equity
83.46%
86.03%
87.92
Working Capital
$22,046
$69,045
$118,435
Current Ratio xx:1
1.59
2.30
3.33
Debt Structure
24.80%
34.72%
34.83%
Debt to Asset Ratio
0.17
0.14
0.12
Debt to Equity Ratio
0.20
0.16
0.14
 

| Top of Page |

Summary of Ontario Beef Cow Farms - Farm Business Analysis Section

 
  Low 15 Farms Avg 43 Farms High 15 Farms
Measures of Performance Efficiency
Capital Turnover (years)
12.61
8.30
5.51
Value of Farm Production
$72,314
$131,478
$218,699
Cost per dollar of VFP
$1.06
$0.73
$0.60
Cost Control Index
-36.3%
6.3%
25.2%
Expenses & NFI Relative to VFP
(Adj. Prod. Cst. - Int) / VFP
93.9%
67.4%
56.6%
Depreciation / VFP
35.0%
18.7%
10.8%
Interest / VFP
12.5%
5.7%
3.3%
Net Income / VFP
-41.5%
8.2%
29.4%
Interest & Principal / VFP
23.3%
17.2%
11.4%
Measures of Profitability
Net Farm Income
-$30,003
$10,741
$64,191
Return on Total Assets
-2.30%
1.67%
5.92%
Return to Equity
-3.94%
1.14%
6.06%
Return on Investment (at $36,000 per person)
-7.43%
-2.20%
3.09%
Return to Owners Labour
(at 5.0% investment rate)
-$66,508
-$36,368
$11,058
Farm Labour (Person Eq.)
1.4
1.4
1.4
Debt Servicing Capacity Analysis
Cash Revenue minus Cash Expenses
-$4,908
$23,794
$66,832
plus Interest Payment
9,074
7,485
7,157
plus Non-Farm Revenue
22,984
11,926
3,012
minus Owners Withdrawals & Income Tax
-8,222
-23,291
-43,507
Cash Avail. for Debt. Serv. and Cap. Purch.
$18,928
$19,914
$33,494
minus committed Interest & Principal *
-17,881
-19,701
-24,808
minus Reserve for Capital Purchases (Depreciation)
-25,330
-24,625
-23,589
Available After Reserve to Service Additional Debt
-$24,283
-$24,412
-$14,903
 
Physical Summary for the Beef Cow Enterprise
  Low 15 Farms Avg 43 Farms High 15 Farms
Average Number of Cows
68.6
95.5
126.6
Calves Born
66.0
92.0
121.0
Calves Died
4.0
5.0
6.0
Calves Weaned
61.9
87.1
117.9
Calves Born per Cow
1.0
1.0
1.0
Calves Weaned per Cow
0.9
0.9
0.9
Average Cows Per Person (Enterprise)
114.3
159.2
180.9
Average Cows Per Person (Whole Farm)
49.0
68.2
90.4

| Top of Page |

Summary of Ontario Beef Cow Farms - Beef Enterprise Report (per cow basis)

 
Revenue Low 15 Farms Avg 43 Farms High 15 Farms
Revenue
Market Livestock
$30.01
$97.76
$146.79
Feeder Livestock
511.11
582.65
640.23
Breeding Livestock
30.57
18.84
16.90
Cull Stock
52.62
51.47
52.30
Livestock Stabilization
0.00
0.00
0.00
Other Livestock Enterprise Sales
15.42
10.72
0.00
- Livestock Purchased
-39.66
-74.19
-55.48
+ Inventory Change
-44.20
36.90
63.81
+ Change in Receivables
-2.26
3.04
7.71
Enterprise Production
$553.62
$727.18
$872.25
Variable Expenses - Livestock Expenses
Purchased feed & grain
40.29
59.84
67.42
Purchased forages
31.44
33.33
24.39
Home-grown grains transferred
11.71
17.45
28.23
Home-grown forages transferred
401.22
406.87
417.20
Total Feed Cost
$484.67
$517.50
$537.23
Animal Health & Breeding
46.38
35.35
31.48
Other (Stabilization, Supplies)
7.97
7.33
6.12
Marketing, Transportation
20.47
25.99
30.73
Custom Work, Equipment Rent
9.08
6.06
4.56
Hired Labour
21.88
24.84
35.25
Machinery & Equip - Fuel & Oil
30.36
26.54
23.78
Machinery & Equipment - Repair
31.60
22.23
15.67
Motor Vehicle Expenses
16.17
12.95
9.43
Building, Fence Repairs
35.22
25.75
26.32
Heating Fuel
1.01
0.68
0.72
Electricity & Telephone
18.31
14.95
15.07
Accounting, Office Expenses
12.65
8.47
7.36
Interest - Operating
11.59
11.31
11.60
Other Cash Variable Expenses
23.08
21.92
19.35
Change in Payables
2.70
-1.41
0.92
Total Variable Expenses
$773.14
$760.46
$775.59
Contribution Margin
-$219.53
-$33.28
$96.66
Fixed Expenses

Property Taxes, Fire & Liab. Ins.
32.86
24.35
23.55
Lease & Rent Payments
8.16
8.02
9.68
Interest - Term
50.85
18.73
5.96
Depreciation
102.16
63.54
40.22
Total Fixed Expenses
194.02
114.64
79.41
Total Enterprise Expenses
$967.16
$875.10
$855.00
Net Enterprise Income
-$413.55
-$147.92
$17.25

| Top of Page |

Summary of Ontario Beef Cow Farms - Crop Enterprise Report (per tillable acre basis)

 
  Low 15 Farms Avg 43 Farms High 15 Farms
Revenue
Wheat
$12.09
$11.05
$12.22
Spring Grains
8.29
11.65
14.25
Grain Corn
1.50
3.66
4.94
Soybeans
15.40
8.79
3.14
Forage
16.07
10.81
5.66
Fruits
0.00
2.03
4.44
Vegetables
0.00
0.00
0.00
Homegrown Seed
1.38
0.39
0.00
Other Crop Sales
0.27
1.14
1.76
Crop Insurance
9.91
5.68
6.26
Crop Stabilization
2.97
2.66
3.03
Value grains fed to livestock
11.06
16.42
16.73
Value forages fed to livestock
90.82
106.89
105.22
+ Inventory change
7.22
12.83
20.91
+ Change in receivables
-4.50
-0.98
0.60
Value of Enterprise Production
$172.48
$193.03
$199.15
Expenses - Variable Expenses
Seed & Plants
7.54
10.58
11.81
Fertilizer & Lime
19.97
23.25
27.34
Pesticides & Other Chemicals
4.78
4.62
4.86
Containers and Twine
3.50
3.67
2.54
Other (Stabztn, Insurance, Etc.)
2.90
2.60
2.81
Marketing & Transportation
0.28
1.12
1.79
Custom Work, Equipment Rent
9.20
9.34
8.28
Hired Labour
6.09
8.43
11.90
Machinery & Equip - Fuel & Oil
12.56
13.72
13.33
Machinery & Equip - Repair
15.52
12.96
10.36
Motor Vehicle Expenses
2.15
2.19
2.50
Building, Fence Repairs
0.53
1.24
0.81
Heating Fuel
0.11
0.08
0.07
Electricity & Telephone
1.92
1.85
1.92
Accounting, Office Expenses
1.00
1.23
1.00
Interest (Operating)
2.18
2.86
4.26
Other Variable Cash Expenses
9.36
8.01
10.78
Change in Payables
-1.45
-0.41
0.00
Total Variable Expenses
$98.14
$107.36
$116.36
Contribution Margin
$74.34
$85.67
$82.79
Fixed Expenses
Property Taxes, Fire & Liab. Ins
6.24
6.02
6.47
Lease & Rent Payments
8.74
7.51
7.35
Interest (Term)
7.27
5.38
4.46
Depreciation
48.27
39.18
31.96
Total Fixed Expenses
$70.52
$58.10
$50.23
Total Expenses
$168.67
$165.46
$166.59
Net Enterprise Income
$3.81
$27.58
$32.56

| Top of Page |

Summary of Ontario Beef Cow Farms - Crops Grown and Fed Report (crop acres and yields)

 
Crop
 Low 15 Farms Avg 43 Farms High 15 Farms
Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre Acres Grown Total Yield Yield per Acre
Wheat
24.1
32.0
1.3
30.5
37.0
1.2
50.7
58.7
1.2
Spring Grains
16.1
28.9
1.8
30.3
40.1
1.3
43.4
52.5
1.2
Grain Corn
8.5
27.2
3.2
15.3
58.2
3.8
23.5
94.5
4.0
Soybeans
19.2
21.0
1.1
15.1
16.4
1.1
12.7
14.8
1.2
Straw
xxx.x
21.2
xxx.x
23.7
xxx.x
30.1
Other Crop
0.0
0.0
0.0
3.6
2.6
0.7
10.2
7.5
0.7
Other Crop
5.0
2.7
0.5
2.0
0.9
0.5
0.7
0.0
0.0
Corn Silage
6.3
90.0
14.3
9.3
144.0
15.5
4.9
58.0
11.8
Hay
200.3
360.9
1.9
209.3
396.0
2.1
244.8
493.3
2.2
Haylage
xxx.x
48.5
xxx.x
77.7
xxx.x
78.8
Tillable pasture
63.3
108.6
166.1
Rough pasture
89.9
179.6
286.9
Non Crop Land
41.9
154.4
142.3
Total Acres
474.6
758.0
986.2
Calculated Tillable Acres
342.8
424.0
557.0

 

Total Feed Fed and Feed Allocated to the Livestock Enterprise
Crop
Total Fed
Feed Cost
Feed Cost Per Cow
Total Fed
Feed Cost
Feed Cost Per Cow
Total Fed
Feed Cost
Feed Cost Per Cow
Wheat
0
0
0
2
363
4
6
1,040
8
Spring grains
6
622
9
9
961
10
16
1,763
14
Grain corn
1
182
3
2
299
3
5
650
5
Soybeans
0
0
0
0
0
0
0
0
0
Straw
13
1,197
17
16
1,467
15
23
2,043
16
Other Crop
0
0
0
0
44
0
1
121
1
Other Crop
1 42 1 3 156 2 3 198 2
Corn silage
76
2,508
37
61
2,013
21
23
759
6
Hay
239
17,948
262
308
23,078
242
420
31,508
249
Haylage
34
1,887
28
55
3,025
32
53
2,893
23
Tillable pasture
53
3,198
47
98
5,868
61
148
8,904
70
Rough pasture
30
745
11
130
3,250
34
261
6,513
51
Total
28,328
413
40,523
424
56,390
445

 

Crop and Livestock Enterprise Investment
Crop
 Low 15 Farms Avg 43 Farms High 15 Farms
Crops per Acre Lvsk per Cow Crops per Acre Lvsk per Cow Crops per Acre Lvsk per Cow
Home Grown Crops & Supplies
89
3
101
17
103
16
Feeder & Market Livestock
119
325
492
Breeding Stock
1,116
1,141
1,244
Market Quota
0
0
0
0
0
0
Machinery & Equipment
432
59
360
68
314
63
Land & Farm Buildings
1,064
1,884
1,112
1,108
900
634
Enterprise Assets/Unit
1,587
3,200
1,574
2,679
1,318
2,465
Total Enterprise Assets
543,869
219,527
667,375
255,866
734,012
312,072
Debt per Acre & per Cow
440
2,197
360
1,598
262
1,151

 

| Top of Page |

For more information:
Toll Free: 1-877-424-1300
Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca