| Appendix Four -- Comparing Financial Performance of 9 Non-Transitional Graziers
Separated by Use of Two Other Management Practices. DRAFT |
|
|
| NFIFO = Net Farm Income from Operations |
| FFAMIS = Farm Financial Analysis and
Management Information System which is the name of the computer system used
by the Fox Valley and Lakeshore Farm Management Associations. There are data from over 800 farms, ranging
in size from 19 to 1300 cows, on th |
|
|
Average of 5 Non Seasonal
Non-Transitional Graziers |
Average of 4 Seasonal
Non-Transitional Graziers |
Average of 3 DHI LC Graziers |
Average of 6 Non DHI
Non-Transitional Graziers |
Average of 9 Non-Transitional
Graziers |
FFAMIS |
|
| # of 1999 Graziers |
6 |
5 |
|
|
11 |
|
| $NFIFO |
|
|
|
|
| 1995 |
42,617 |
34,951 |
46,045 |
35,792 |
39,210 |
38500* |
|
| 1996 |
42,817 |
23,839 |
48,831 |
27,158 |
34,382 |
43899* |
|
| 1997 |
37,754 |
20,375 |
44,035 |
23,028 |
30,030 |
46122* |
|
| 1998 |
67,501 |
42,837 |
75,058 |
47,280 |
56,539 |
86572* |
|
| 1999 |
57,581 |
64,569 |
|
60,905 |
69859* |
|
|
|
|
|
|
| $NFIFO/ Forage Acre Harvested |
|
|
|
|
|
| 1995 |
269 |
288 |
328 |
251 |
276 |
|
|
| 1999 |
350 |
272 |
|
|
308 |
|
| 4 Yr. Ave.
(98 A.) |
285 |
162 |
362 |
175 |
227 |
|
|
|
|
| $ NFIFO/Cow |
|
|
| 1995 |
1,039 |
764 |
1,212 |
784 |
910 |
505?* |
|
| 1996 |
1,015 |
456 |
1,221 |
543 |
737 |
527* |
|
| 1997 |
890 |
384 |
1,092 |
456 |
637 |
483* |
|
| 1998 |
1,527 |
668 |
1,831 |
800 |
1,066 |
834* |
|
| 4 Yr. Ave. |
1,118 |
568 |
1,339 |
646 |
837 |
587* |
|
| 1999 |
1,372 |
604 |
|
851 |
782* |
|
|
|
|
|
| Cash
Income/Cow |
|
|
| 1995 |
2532 |
1902 |
2575 |
2093 |
2234 |
|
| 1996 |
2769 |
1835 |
2733 |
2132 |
2304 |
|
| 1997 |
2409 |
1711 |
2510 |
1880 |
2060 |
|
| 1998 |
2930 |
2139 |
3169 |
2275 |
2505 |
|
| 1999 |
2929 |
2303 |
|
2504 |
|
|
|
| Allocated
Cost/Cow |
|
|
| 1995 |
1744 |
1401 |
1680 |
1542 |
1582 |
|
| 1996 |
1735 |
1432 |
1673 |
1549 |
1584 |
2869 |
|
| 1997 |
1687 |
1257 |
1620 |
1413 |
1472 |
2813 |
|
| 1998 |
|
|
2946 |
|
| 1999 |
|
|
2977 |
|
|
|
|
| Allocated
Cost/Cwt. Eq. Milk Sold |
|
| 1995 |
8.04 |
8.38 |
7.39 |
8.6 |
9.15 |
10.96 |
|
| 1996 |
9.33 |
11.22 |
8.57 |
10.94 |
10.51 |
12.76 |
|
| 1997 |
8.7 |
9.35 |
7.92 |
9.55 |
9.75 |
11.8 |
|
| 1998 |
|
|
|
12.42 |
|
| 1999 |
|
|
|
11.79 |
|
|
|
|
| Basic
Cost/Cwt Eq. Milk Sold |
|
| 1995 |
6.63 |
6.84 |
6.14 |
7.01 |
6.9 |
7.85 |
|
| 1996 |
7.7 |
8.64 |
7.03 |
8.66 |
7.79 |
8.55 |
|
| 1997 |
7 |
8.03 |
6.53 |
7.91 |
7.34 |
7.41 |
|
| 1998 |
|
|
8.23 |
|
| 1999 |
|
|
7.72 |
|
|
|
|
|
| Invest/Cow |
|
|
| 1995 |
5,142 |
3,995 |
6,552 |
3,787 |
4,601 |
7223 |
|
| 1996 |
5,066 |
3,895 |
6,392 |
3,720 |
4,484 |
7630 |
|
| 1997 |
5,297 |
4,829 |
6,523 |
4,480 |
5,063 |
6752 |
|
| 1998 |
5,358 |
4,439 |
6,774 |
4,201 |
4,864 |
7291 |
|
| 1999 |
5,712 |
4,184 |
|
4,482 |
|
|
|
|
|
| Debt/Cow |
|
|
|
| 1995 |
1,163 |
1,602 |
1,145 |
1,463 |
1,370 |
2507 |
|
| 1996 |
1,061 |
1,568 |
1,211 |
1,355 |
1,314 |
2604 |
|
| 1997 |
1,024 |
2,490 |
946 |
2,081 |
1,757 |
2748 |
|
| 1998 |
926 |
2,248 |
987 |
1,861 |
1,636 |
2849 |
|
| 1999 |
462 |
2,217 |
|
1,654 |
|
|
|
|
| Number of
Cows/Farm |
|
| 1995 |
41.00 |
45.80 |
38.00 |
45.70 |
43.10 |
76 |
|
| 1996 |
42.20 |
52.30 |
40.00 |
50.00 |
46.70 |
84 |
|
| 1997 |
42.40 |
53.00 |
40.33 |
50.50 |
47.10 |
92.5 |
|
| 1998 |
44.4 |
64.1 |
41 |
59.1 |
53.1 |
99.5 |
|
| 1999 |
42.7 |
106.90 |
|
71.60 |
96.3 |
|
|
|
|
| Lbs
Milk/Cow |
|
| 1995 |
17,624 |
12,832 |
17,157 |
14,618 |
15,364 |
18436 |
|
| 1996 |
16,709 |
10,616 |
16,412 |
12,583 |
13,677 |
18493 |
|
| 1997 |
16,408 |
10,959 |
16,666 |
12,493 |
13,684 |
19057 |
|
| 1998 |
17,009 |
11,735 |
17,800 |
12,919 |
14,176 |
20198 |
|
| 1999 |
17,106 |
16,348 |
|
14,352 |
20210 |
|
|
| Annual
Simple Ave. Milk Price |
|
|
| 1995 |
13.25 |
14.04 |
13.56 |
13.62 |
13.60 |
|
| 1996 |
15.13 |
15.73 |
15.42 |
15.39 |
15.40 |
|
| 1997 |
13.07 |
13.68 |
13.33 |
13.34 |
13.34 |
|
| 1998 |
15.65 |
16.73 |
16.29 |
16.05 |
16.13 |
|
| 4 Year Ave. |
14.28 |
15.04 |
14.65 |
14.60 |
14.62 |
|
| 1999 |
13.27 |
15.92 |
|
15.56 |
|
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