Yearling Beef Steer Feeding Planning Budget
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Associate Professor and Economist, Agricultural Business and Policy Extension
This budget presents information useful to beef farmers. Table 1 presents estimates for yearling beef steers in Missouri that were purchased in November 2020 and sold in April 2021 (5 month feeding period with a 3.65 average daily gain). Assumptions were based on price forecasts as of October 2020. Detailed assumptions and feed requirements are summarized in Tables 2 and 3. The production practices used to develop these cost estimates are common for beef farms in Missouri. Farmers are encouraged to modify this budget to fit their operation.
- Farm budget
- Yearling beef steer feeding