Ag Center Cattle Pages

This Weeks Typical Panhandle Close Out

Cost of 750# steers del. feedyards	107 cwt	$802.50
Cost of gain for 500#	80 cwt	$400.00
Interest on 75% feed and cattle cost	3.25%*	$9.64
Sales price of 1250# steers	83 cwt	$1,037.50
Profit/(Loss) per head		($174.64)

* Interest should be figured at prime on 75% of the cattle cost for 135 days and one half of the feed cost for 135 days.

Projected Breakeven for a Typical Panhandle Steer Purchase

Cost of 750# steers del. feedyards	94 cwt	$705.00
Cost of gain for 500#	77 cwt	$385.00
Interest on 75% feed and cattle cost	3.25%*	$8.67
Breakeven on 1250# steers	87.9 cwt	$1,098.67
August Live Cattle	84.4 cwt	$1,055.00
Profit/(Loss) per head		($43.67)

* Interest should be figured at prime on 75% of the cattle cost for 135 days and one half of the feed cost for 135 days.

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