Ag Center Cattle Pages

This Weeks Typical Panhandle Close Out

Cost of 750# steers del. feedyards	114 cwt	$855.00
Cost of gain for 500#	91 cwt	$455.00
Interest on 75% feed and cattle cost	5.00%*	$16.07
Sales price of 1250# steers	94 cwt	$1,175.00
Profit/(Loss) per head		($151.07)

* 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	107 cwt	$802.50
Cost of gain for 500#	103 cwt	$515.00
Interest on 75% feed and cattle cost	5.00%*	$15.89
Breakeven on 1250# steers	106.7 cwt	$1,333.39
October Live Cattle	107.05 cwt	$1,338.13
Profit/(Loss) per head		$4.73

* 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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