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) |