How Much Is It to Raise a Cow for Beef
What is your cow-calf cost of production?
Sarah McNaughton 
OFFERING Aid: The North Dakota Farm Management and Instruction Program can offering help to producers when finding their product costs on their cow-calf functioning.
Assay: Producers tin can detect how to lower their cost of product on their cow-calf functioning.
As beef cow-dogie producers struggle with the drought and all information technology entails, they will find that their cost of production is again pushed upward by the higher feed and associated costs. Information technology is key that producers know where they stand up on their full costs equally they make decisions about marketing and, for some, herd reorganization.
Data nerveless from farms and ranches enrolled in the Northward Dakota Farm Management Education plan gives us a good view of those costs and returns. The data reviewed and published for this N Dakota 2020 beef cow-calf enterprise came from 17 herds and included 3,755 cows. The data represents all cow-calf costs and returns for the year, with the calves either sold or transferred out at weaning time.
The retained postal service-weaned calves were usually set upwardly as a separate backgrounding enterprise. All regions of the land, outside of the Red River Valley, were represented in the state report. Individual regional numbers are as well bachelor for the western, north-central and south-cardinal regions of the land.
The total average internet cost of production was calculated to exist $781.67 per cow, or $144.90 per cwt of production. This represented an increase of 6% over the 2019 total costs of $738.05 per cow. The total cost per cow is all-inclusive and includes directly costs, overhead costs and those costs associated with replacing the breeding stock within the herd.
The average herd produced 531 pounds of dogie per cow every bit measured at weaning time. The average weaning weight was calculated to exist 564 pounds, with 493 pounds weaned per exposed female. Post-weaning costs for calf feeds and maintenance are not included in the in a higher place numbers as they are separated into a backgrounding or feeding enterprise at weaning.
Other key product numbers for these herds were:
- pregnancy percentage of 96.v%
- calving charge per unit of 94.8%
- weaning percentage of 87.4%
- calf death loss at 7.nine%
- cow expiry loss at 2.5%
- average culling rate of 13.2%
The 2020 direct costs of $104.53 per cwt made upwardly the largest share of the full costs and averaged $566.24 per cow. The greatest share of the direct costs was for feed and grazing at $412, with the balance made upwards of:
- veterinary at $twoscore.10
- supplies at $thirteen.94
- fuel at $xviii.73
- repairs at $49.09
- custom hire at $15.51
- bedding at $seven.73
- miscellaneous at $9.12
Following this were the overhead costs at $21.06 per cwt, or $114.ten per cow. These included hired labor, subcontract insurance, interest paid on the investment, utilities, depreciation on machinery and buildings, and miscellaneous costs.
The final share of the costs came from what is known as inventory change, or the cost of maintaining the convenance herd itself with both male and female replacements. This amounted to $101.32 per cow, or $19.08 per cwt of production. It included purchases, transfers in or out, cull sales, government payments and other income.
Government assistance
The role of government payments through the various COVID-19 and disaster aid programs cannot be disregarded in the 2020 production twelvemonth. The payments, which amounted to an boilerplate of $111 per cow, did help to eliminate a share of the total costs. The government payments helped outset 52% of the total inventory change costs, reducing it from $212.32 to $101.32 per cow. Total costs before the government payments were calculated to be $892.67 per cow and the highest per moo-cow toll to date.
Every bit beef moo-cow-calf producers struggle to maintain profitability, it is important that they know and understand not merely their average weaning weights or production numbers per moo-cow, but besides the unabridged toll structure that goes along with raising that moo-cow herd, including convenance stock replacement costs.
To view diverse subcontract financial numbers and ratios, too as ingather and livestock enterprises, on a regional or state-wide basis, producers can visit ndfarmmanagement.com. Various regional and state reports, along with visual presentations, are available for producers to view or download at no toll. A listing of instructors and program locations is as well included on the website.
Metzger is an instructor for North Dakota Subcontract Management Education, based in Carrington.
Source: Due north Dakota Section of Career and Technical Education is solely responsible for the information provided and is wholly endemic by the source. Informa Business Media and all its subsidiaries are not responsible for whatever of the content independent in this data asset.Source: https://www.farmprogress.com/beef/what-your-cow-calf-cost-production
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