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Breckenridge, MI | We get 40ยข/head/day plus feed at a 7.5% mark up (using local elevator price or invoice price). Drugs, vaccine, implants, etc are billed at cost. No chute charge, no bedding charge (already figured into yardage).
I think the better way is to look at your cash flow backwards. Figure out how much you're going to spend a year on equipment, fuel, labor, overhead, and then divide that back over how many "head days" you think you can sell in a year (number of head x number of days on feed). Subtract that from your yardage and figure on making that much.
To make a living custom feeding you're going to need a big feedlot, a long call list of customers, and a few good employees; however even on a small scale it can be nice to help with your cash flow. | |
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custom feeding cattle
