Fall '08 Spring '09
Calving Calving
Calf crop, % weaned 88% 85%
_______ _______
ESTIMATED INCOME/COW
Steer calf sales: 580 lbs. @ $110/cwt. x 85% x 1/2 -- $271.15
580 lbs. @ $120/cwt. x 88% x 1/2 $306.24 --
Heifer calf sales: 560 lbs. @ $100/cwt. x 85% x 1/2 -- 238.00
560 lbs. @ $110/cwt. x 88% x 1/2 271.04 --
Cull cow sales: 1200 lbs. x $52/cwt. x 14% -- 87.36
1200 lbs. x $50/cwt. x 14% 84.00 --
_______ _______
ESTIMATED TOTAL INCOME/COW $661.28 $596.51
ESTIMATED OPERATING COSTS/COW
Pasture (rental rate) $104.50 $112.10
Hay and forage 173.54 155.79
Grain 24.16 20.77
Protein and minerals 53.82 52.45
Labor ($11/hr. x 5.5 hrs.) 55.00 55.00
Veterinary, drugs, and supplies 25.00 25.00
Marketing 16.53 14.91
Utilities and all machinery costs 119.98 119.98
Livestock facility repairs 8.00 8.00
Breeding charges:
Cow replacement (15% of heifer calves) 156.64 156.64
Bull cost or A.I. charge 14.50 14.50
Interest on breeding stock 92.36 92.36
Insurance on breeding stock 10.87 10.87
Professional fees (legal, accounting, etc.) 1.00 1.00
Miscellaneous 6.00 6.00
Operating interest (1/2 of selected operating
costs x 8.5%) 25.84 25.20
_______ _______
Total Operating Costs $887.74 $870.57
ESTIMATED OWNERSHIP COSTS/COW
Depreciation on livestock facilities $ 8.48 $ 8.48
Interest on livestock facilities 11.09 11.09
Insurance and taxes on capital items 11.55 11.55
_______ _______
Total ownership costs $ 31.12 $ 31.12
ESTIMATED TOTAL COSTS/COW $918.86 $901.69
________________________________________________________________________
Income over Operating Costs/Cow -$226.46 -$274.06
Income over Total Costs/Cow -$257.58 -$305.18
________________________________________________________________________
Prepared by Joe Horner, Ag. Economist, Dairy and Beef; Joe Koenen and
Bruce Lane, NE Mo. Regional Extension Specialists; and Melvin Brees,
Ag. Economist, FAPRI.
prepared 10/29/08
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