Dairy Costs and Returns

The form below shows typical income and expenses for a dairy farm in Alberta. The units are in Canadian Dollars.

	Total Enterprise	Per Cow	Per HL Sold	% From Income
Income: Milk Sales Milk Subsidy Pool Adjustments Miscellaneous receipts Net Cattle Sales Net Inventory Change Gross Income	371,866.03 3,903.93 2,378.88 252.19 17,999.83 3,252.08 399,652.96	4,455.71 46.78 28.50 3.02 215.67 38.97 4,788.65	54.65 .57 .35 .04 2.65 .48 58.73	100.00

Expenses: Grain Complete Feed Supplement Minerals & Vitamins Roughage Processing Costs Total Feed Costs Bedding and Supplies Breeding Vet. and Medicine Milk Hauling Producer's Fees Utilities Fuel, Oil, Lube Bldg. & Mach. repairs Taxes and Insurance Miscellaneous Total other costs Hired Labor Family Labor Total Labor Costs Total Operating Costs Rent Depreciation Interest (Cap. Debt) Total Capital Costs Total Production Costs	20,607.51 44,809.99 13,168.83 1,418.96 53,793.07 218.48 134,016.85 14,072.36 5,088.23 9,449.56 12,536.49 8,275.68 8,432.41 5,487.88 19,774.47 7,745.35 17,285.43 25,293.61 41,437.58 66,731.18 108,147.85 308,895.88 2,813.06 33,821.53 15,547.62 52,182.21 361,078.09	246.92 536.91 157.79 17.00 644.55 2.62 1,605.79 168.62 60.97 113.22 150.21 99.16 101.04 65.76 236.94 92.80 207.11 303.07 496.51 799.57 1,296.83 3,701.20 33.71 405.25 186.29 625.25 4,326.45	3.03 6.59 1.94 .21 7.91 .03 19.70 2.07 .75 1.39 1.84 1.22 1.24 .81 2.91 1.14 2.54 16.89 3.72 6.09 9.81 45.40 .41 4.97 2.28 7.67 53.06	33.53 27.06 16.70 77.29 13.06 90.35

Return to Capital ($) Return to Equity ($) Milk Price Inventory Adjustment Interest on Equity (%) Interest on Debt (%)	90,757.07 38,574.86	1,087.45 462.20	13.34 5.67 55.57 3.16 8.07 7.10	9.65