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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