2009 Beef Cattle Budgets

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Replacement Beef Heifers, Projected Budget for 2009, South Missouri

Description of Production: Buy 560 lb. heifer calves, sell bred heifers at 1000 lbs.
Pasture-based operation for growing a quality beef replacement cow.

                                                         Your Estimate
ESTIMATED INCOME/COW
 Heifer sales:
  Bred heifer, springer (0.875 head x $1,075/hd) $940.63  $____________
  Cull heifer (0.05  head x $800/hd.)              40.00   ____________
  Yearling heifer (0.075 head x $750/hd)           56.25   ____________
 Less cost of purchased heifer calf
          (560 lbs. @ $105/cwt.)                  588.00   ____________
 Less death loss (1% of market animals)            10.37   ____________
                                               _________
   ESTIMATED TOTAL INCOME/COW                    $438.51  $____________

ESTIMATED OPERATING COSTS/COW
 Summer Pasture (5.57 AUMs @ $9.50/AUM)            52.94   ____________
 Mixed hay (2,925 lbs. @ $75/T.)                  109.69   ____________
 Corn (5.89 bu. @ $4.70/bu.)                       27.70   ____________
 Protein supplement (330 lbs. @ $200/T.)           33.00   ____________
 Minerals and salt (104 lbs. @ $1000/T.)           52.00   ____________
 Labor (5 hrs. @ $11/hr.)                          55.00   ____________
 Veterinary, drugs, and supplies                   30.00   ____________
 Marketing                                         31.11   ____________
 Breeding cost                                     37.50   ____________
 Utilities and all machinery costs                129.96   ____________
 Livestock facility repairs                         8.00   ____________
 Professional fees (legal, accounting, etc.)        2.00   ____________
 Miscellaneous                                      4.00   ____________
 Interest on calf purchase and 1/2 of
      operating costs @ 8.5%)                      76.47   ____________
                                               _________
           Total Operating Costs                  649.36  $____________

ESTIMATED OWNERSHIP COSTS/COW
 Depreciation on livestock facilities            $  8.45  $____________
 Interest on livestock facilities                  11.50   ____________
 Insurance and taxes on capital items              10.59   ____________
                                                 _______
      Total ownership costs                      $ 30.54 $____________
                                               _________
ESTIMATED TOTAL COSTS/COW                        $679.90  $____________

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    Income over Operating Costs                - $210.86  $____________
    Income over Total Costs                    - $241.40  $____________
________________________________________________________________________

    Total cost per head per day                    $1.79  $____________
    Total cost per pound of gain*                  $1.65  $____________
    Springer heifer breakeven price, $/head    $1,345.51  $____________

________________________________________________________________________

*Represents cost per pound of springer heifer sold after adjusting
for cull income and death loss.

Prepared by Joe Horner, Ag. Economist, Dairy and Beef, and Melvin Brees,
Ag. Economist, FAPRI.
                                                       Prepared 11/05/08

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