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New Mexico | take your air dry feed cost and mark that up 20%.
example: $56 per ton wet sileage ( 65% h2o ) = 700 lbs air dry feed at $56 your cost or 8 cents per lb.
Customer cost is ($56 x .2 ) + $56 = 700 lbs of feed air dry at $67.20 or 9.6 cents per lb.
have never heard of a feedlot not marking a profit up on feed.
restaurants make money on feed. that simple.
hotels make money on yardage.
the hospital end runs at cost ( include labor costs there ).
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