Beef Heifer Planning Budget

Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See the Missouri Beef Enterprise Tool (downloadable Excel spreadsheet) for related information.

Wesley Tucker
Field Specialist, Agricultural Business

Joe Horner
State Specialist, Agricultural Business

Abstract

Using this planning budget, farmers raising beef heifers may estimate their costs and returns for 2023. Table 1 presents estimates for calves purchased and sold later as bred replacement heifers in Missouri. Assumptions were based on price forecasts as of September 2022. Detailed inputs, feed requirements and machinery investments are summarized in Tables 2, 3 and 4. The production practices used to develop these cost estimates are common in Missouri beef farms. Use the “Your estimate” column to plan your operation’s costs and returns for 2023.

Topics

• Beef heifer
• Farm budget

Pages

• 2