Skip to main content

Table 60: Costs and Returns for Dairy Beef Steer

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.