What is the total cost of my fed cattle enterprise?
For simple math a breakeven is calculated as in this example: Cattle (650 @ 1.10 lb steer) 715.00 COG (400 pounds @ .70) 420.00 Total projected cost $1,135.00 Your projected Breakeven (B/E) would be $90/cwt These costs for feed and cattle will vary with market conditions, season, and location the cattle are fed. The Cost of Gain (COG) is the sum total of all custom services, feed, interest etc. Feed will vary depending on the value of the corn during the feeding cycle and is an assumption on the value of present with potential ups or downs in the market. Death loss and sick cattle costs against your cattle feeding enterprise are factored in as an average cost of 1 to 2 percent depending on the incoming health and age of the animal.