Cattle breeding is the most important branch of animal husbandry, and it is also the most important branch of agriculture. However, in the last 10 years, the number of cattle has been constantly decreasing, and cattle breeding stands out as the sector with the most problems. One of the reasons is the significant import of milk and meat at lower prices than domestic ones, which ultimately results in reduced domestic production. The remaining farmers are increasingly deciding to introduce additional production that ensures the survival of the family farm. The paper used as the main source of data the data collected from the family farm Šatrak Vlado, which deals with cattle and milk production. Of the secondary data were used data collected from previous surveys, publications, and annual reports in the field of dairy farming, cattle fattening, and cattle production. To measure the performance of family farm, the method of production costs calculation and economic performance indicators were used. The performance measurement indicators show that the business of the family farm is economical, profitable and productive, and the family farm Šatrak Vlado operates with a profit.