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Farmington, Mo | Even with calves at these prices and corn just north of $3.50, margins are looking a little thin.
600 lb steer@$1.50/lb $900
Feed/mineral $300-350
Vet/misc. $10-15
Death loss. $25
Labor. $20
Equipment/facility $45
Bedding. $25
Total. $1325-$1390
1200lb steer@$1.16/lb $1392
Profit. $2-$67/head
If your doing the work yourself, obviously you have that to keep but if you have to hire any help or your death loss is higher than 2-3%, it’s looking like a break even venture at best.
Tell me where I’m wrong?
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Cattle feeding margins
