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Table 60: Costs and Returns for Dairy Beef Steer

Sustainable Livestock Practices, Northeastern United States, 1996

 
ITEM UNIT PRICE QUANTITY TOTAL
         
Receipts        
Finished steer (minus death loss) lb $ 0.60 1,279 $ 767.40
         
Variable Costs        
Calfa head $ 1.35 100 $ 135.00
Feed Costs      
Milk replacer lb $ 0.90 45 $ 40.50
Starter mix lb $ 0.15 50 $ 22.50
Corn bu $ 3.25 40 $ 130.00
Soybean meal cwt $ 12.00 3.5 $ 42.00
Salt and minerals lb $ 0.09 50 $ 4.50
Dicalcium phosphate lb $ 0.22 55 $ 12.10
Corn silage tons $ 23.75 4 $ 95.00
Hay tons $ 100.00 0.25 $ 25.00
Total Feed Costs       $ 371.60
Other        
Health program   $ 22.00   $ 22.00
Bedding tons $ 65.00 0.5 $ 32.50
Electricity   $ 12.00   $ 12.00
Equipment and repairs   $ 12.00   $ 12.00
Insurance and taxes   $ 1.50   $ 1.50
Marketing and trucking   $ 10.00   $ 10.00
Miscellaneous   $ 3.00   $ 3.00
Labor        
Operator hr $ 14.48 10 $ 144.80
Repair & Maintenance        
Equipment Repairs   $ 17.00   $ 17.00
Building Repairs   $ 13.00   $ 13.00
Sub-Total       $ 639.40
Interest on Operating Capitalb   10%   $ 31.97
Total Variable Cost       $ 671.37
Returns Above Variable Costs       $ 96.03
Fixed Cost        
Equipment   $ 29.82   $ 29.82
Building   $ 21.30   $ 21.30
Land Charge acre $ 50.00 0.25 $ 12.50
Total Fixed Cost       $ 63.62
Sub-Total       $ 734.99
Management Feesb   7%   $ 50.57
Total Cost       $ 785.56
Net Returns       $ (18.16)

aCalves purchased at 100 pounds and sold at 1,300 pounds.
bSee text for calculation assumptions.

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