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Retained Ownership Decision Tool
Southwest Cattle Finishing Feedlot Program
by Dillon Feuz
Southwest Market Information
Month you plan to place the cattle in the finishing feedlot program
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Anticipated weight of the feeder cattle entering the program
lbs.
Click Link below for Futures Prices
Enter the "Last" price for
CME Feeder Cattle in $/cwt.
CME Feeder Cattle
The estimated feeder steer price is
per cwt. or
per head
Enter the estimated price or a different expected feeder price
per cwt.
Enter your estimated transportation cost to the stocker/background destination
Trucking Freight
per head
Other Transportation
per head
Finishing Feedlot program
Enter the number of days cattle are expected to be in this program
days
Enter the expected average daily gain of this program
lbs.
Assuming a 1.5% transportation shrink, estimated ending weight is
lbs.
Click Link below for Futures Prices
Enter the "Last" price for
CME Live Cattle in $/cwt.
CME Live Cattle
Your 5-Market price is estimated to be
per cwt. or
per head
Feed cost/lb of gain
or feed cost/head
per head
Estimated vet/med and other supplies per head
per head
Estimated death loss percent (including death loss for transportation)
Interest rate you pay on cattle and feed expenses
Any additional costs per head
per head
Total feeding period costs
per head
Total cost per lb. of gain
per lb gain
Projected Returns per Head
Estimated gross return for feeding period ending in
per head
Less initial calf cost
/head
Less transportation costs
/head
Less feeding period costs
/head
Estimated net return per head for the stocker/background program
per head
Cattle prices change over time due to changing market conditions.
The graph below is a simulation of your expected Net Return per Head based on historical price volatility in the slaughter cattle market for the time frame of the designated feeding period.
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