Yearling Beef Steer Feeding Planning Budget

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Scott Brown
Associate Professor and Extension Economist, Agricultural Business and Policy

Abstract

This budget presents information useful to beef farmers. Table 1 presents estimates for yearling beef steers in Missouri that were purchased in November 2019 and sold in April 2020 (5 month feeding period with a 3.65 average daily gain). Assumptions were based on price forecasts as of October 2019. Detailed assumptions and feed requirements are summarized in Tables 2 and 3. The production practices used to develop these cost estimates are common for beef farms in Missouri. Farmers are encouraged to modify this budget to fit their operation.

Topics

  • Farm budget
  • Yearling beef steer feeding

Pages

  • 2