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

See the Missouri Beef Enterprise Tool (XLSX) for related information.

Adauto Rocha Jr.
Assistant Extension Professor, Agricultural Business and Policy

Wesley Tucker
Field Specialist in Agricultural Business

Zachary Erwin
Field Specialist in Livestock


Using this planning budget, beef cattle producers may estimate their costs and returns for 2024. Table 1 presents estimates for yearling steers purchased in November 2023 and sold in April 2024 in Missouri. Assumptions were based on price forecasts as of September 2023. Detailed assumptions and feed requirements 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 2024.


  • Farm budget
  • Yearling beef steer feeding


  • 2